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Side-by-side financial comparison of GENCOR INDUSTRIES INC (GENC) and SBC Medical Group Holdings Inc (SBC). Click either name above to swap in a different company.

SBC Medical Group Holdings Inc is the larger business by last-quarter revenue ($39.6M vs $23.6M, roughly 1.7× GENCOR INDUSTRIES INC). SBC Medical Group Holdings Inc runs the higher net margin — 35.9% vs 14.6%, a 21.3% gap on every dollar of revenue. On growth, SBC Medical Group Holdings Inc posted the faster year-over-year revenue change (-10.9% vs -25.0%). SBC Medical Group Holdings Inc produced more free cash flow last quarter ($51.2M vs $10.1M). Over the past eight quarters, SBC Medical Group Holdings Inc's revenue compounded faster (-15.0% CAGR vs -23.9%).

Gencor Industries Inc is a leading manufacturer of heavy construction and infrastructure equipment, specializing in asphalt production plants, thermal combustion systems, and supporting road-building machinery. It primarily serves North American and global construction markets, supplying products to both public sector infrastructure projects and private commercial construction operators.

SBC Medical Group Holdings Inc. is a leading Japan-headquartered healthcare provider primarily focused on aesthetic medicine, dermatology, and anti-aging wellness services. It operates an extensive network of clinics across Japan, catering to both domestic patients and international medical tourists, with core offerings including cosmetic surgery and non-invasive skincare treatments.

GENC vs SBC — Head-to-Head

Bigger by revenue
SBC
SBC
1.7× larger
SBC
$39.6M
$23.6M
GENC
Growing faster (revenue YoY)
SBC
SBC
+14.0% gap
SBC
-10.9%
-25.0%
GENC
Higher net margin
SBC
SBC
21.3% more per $
SBC
35.9%
14.6%
GENC
More free cash flow
SBC
SBC
$41.0M more FCF
SBC
$51.2M
$10.1M
GENC
Faster 2-yr revenue CAGR
SBC
SBC
Annualised
SBC
-15.0%
-23.9%
GENC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
GENC
GENC
SBC
SBC
Revenue
$23.6M
$39.6M
Net Profit
$3.4M
$14.2M
Gross Margin
28.7%
73.1%
Operating Margin
13.2%
32.5%
Net Margin
14.6%
35.9%
Revenue YoY
-25.0%
-10.9%
Net Profit YoY
-9.8%
117.2%
EPS (diluted)
$0.23
$0.15

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GENC
GENC
SBC
SBC
Q4 25
$23.6M
$39.6M
Q3 25
$18.8M
$43.4M
Q2 25
$27.0M
$43.4M
Q1 25
$38.2M
$47.3M
Q4 24
$31.4M
$44.4M
Q3 24
$20.9M
$53.1M
Q2 24
$25.6M
$53.1M
Q1 24
$40.7M
$54.8M
Net Profit
GENC
GENC
SBC
SBC
Q4 25
$3.4M
$14.2M
Q3 25
$1.9M
$12.8M
Q2 25
$3.8M
$2.5M
Q1 25
$6.1M
$21.5M
Q4 24
$3.8M
$6.5M
Q3 24
$1.5M
$2.8M
Q2 24
$2.6M
$18.5M
Q1 24
$6.2M
$18.8M
Gross Margin
GENC
GENC
SBC
SBC
Q4 25
28.7%
73.1%
Q3 25
24.2%
70.6%
Q2 25
26.5%
69.2%
Q1 25
29.7%
79.7%
Q4 24
27.6%
76.3%
Q3 24
25.6%
81.5%
Q2 24
23.9%
74.2%
Q1 24
30.3%
72.1%
Operating Margin
GENC
GENC
SBC
SBC
Q4 25
13.2%
32.5%
Q3 25
-1.2%
36.6%
Q2 25
11.6%
33.6%
Q1 25
17.0%
51.1%
Q4 24
14.7%
10.6%
Q3 24
5.9%
26.1%
Q2 24
7.8%
51.4%
Q1 24
17.4%
44.6%
Net Margin
GENC
GENC
SBC
SBC
Q4 25
14.6%
35.9%
Q3 25
10.2%
29.6%
Q2 25
14.2%
5.7%
Q1 25
16.0%
45.4%
Q4 24
12.1%
14.7%
Q3 24
6.9%
5.3%
Q2 24
10.0%
34.8%
Q1 24
15.3%
34.2%
EPS (diluted)
GENC
GENC
SBC
SBC
Q4 25
$0.23
$0.15
Q3 25
$0.13
$0.12
Q2 25
$0.26
$0.02
Q1 25
$0.42
$0.21
Q4 24
$0.26
$0.05
Q3 24
$0.10
$0.03
Q2 24
$0.17
$0.20
Q1 24
$0.42
$0.20

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GENC
GENC
SBC
SBC
Cash + ST InvestmentsLiquidity on hand
$147.7M
$164.1M
Total DebtLower is stronger
$42.8M
Stockholders' EquityBook value
$215.2M
$248.3M
Total Assets
$228.9M
$380.4M
Debt / EquityLower = less leverage
0.17×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GENC
GENC
SBC
SBC
Q4 25
$147.7M
$164.1M
Q3 25
$136.3M
$127.4M
Q2 25
$136.0M
$152.7M
Q1 25
$143.7M
$132.1M
Q4 24
$130.1M
$125.0M
Q3 24
$115.4M
$137.4M
Q2 24
$116.6M
Q1 24
$117.1M
Total Debt
GENC
GENC
SBC
SBC
Q4 25
$42.8M
Q3 25
$0
$21.1M
Q2 25
$7.1M
Q1 25
$6.9M
Q4 24
$6.6M
Q3 24
$0
$823.2K
Q2 24
Q1 24
Stockholders' Equity
GENC
GENC
SBC
SBC
Q4 25
$215.2M
$248.3M
Q3 25
$211.8M
$248.0M
Q2 25
$209.9M
$244.6M
Q1 25
$206.1M
$226.4M
Q4 24
$200.0M
$195.1M
Q3 24
$196.1M
$205.0M
Q2 24
$194.7M
$8.8M
Q1 24
$192.1M
$9.0M
Total Assets
GENC
GENC
SBC
SBC
Q4 25
$228.9M
$380.4M
Q3 25
$222.6M
$321.4M
Q2 25
$220.2M
$315.3M
Q1 25
$223.9M
$284.6M
Q4 24
$218.2M
$266.1M
Q3 24
$208.1M
$296.5M
Q2 24
$201.8M
$19.5M
Q1 24
$206.0M
$19.8M
Debt / Equity
GENC
GENC
SBC
SBC
Q4 25
0.17×
Q3 25
0.00×
0.09×
Q2 25
0.03×
Q1 25
0.03×
Q4 24
0.03×
Q3 24
0.00×
0.00×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GENC
GENC
SBC
SBC
Operating Cash FlowLast quarter
$11.1M
$52.0M
Free Cash FlowOCF − Capex
$10.1M
$51.2M
FCF MarginFCF / Revenue
43.0%
129.3%
Capex IntensityCapex / Revenue
4.1%
2.0%
Cash ConversionOCF / Net Profit
3.23×
3.66×
TTM Free Cash FlowTrailing 4 quarters
$-3.2M
$23.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GENC
GENC
SBC
SBC
Q4 25
$11.1M
$52.0M
Q3 25
$-275.0K
$-20.9M
Q2 25
$-23.9M
$-8.3M
Q1 25
$12.4M
$1.9M
Q4 24
$14.8M
$-7.3M
Q3 24
$-3.2M
$5.0M
Q2 24
$-1.0M
$19.2M
Q1 24
$11.7M
$3.7M
Free Cash Flow
GENC
GENC
SBC
SBC
Q4 25
$10.1M
$51.2M
Q3 25
$-1.3M
$-20.9M
Q2 25
$-24.4M
$-8.6M
Q1 25
$12.3M
$1.7M
Q4 24
$14.5M
$-7.9M
Q3 24
$-3.3M
$4.6M
Q2 24
$-1.4M
$18.3M
Q1 24
$11.7M
$3.0M
FCF Margin
GENC
GENC
SBC
SBC
Q4 25
43.0%
129.3%
Q3 25
-6.8%
-48.3%
Q2 25
-90.4%
-19.9%
Q1 25
32.2%
3.5%
Q4 24
46.1%
-17.8%
Q3 24
-15.8%
8.7%
Q2 24
-5.6%
34.5%
Q1 24
28.7%
5.4%
Capex Intensity
GENC
GENC
SBC
SBC
Q4 25
4.1%
2.0%
Q3 25
5.4%
0.1%
Q2 25
1.8%
0.7%
Q1 25
0.4%
0.5%
Q4 24
1.0%
1.3%
Q3 24
0.4%
0.8%
Q2 24
1.5%
1.6%
Q1 24
0.0%
1.3%
Cash Conversion
GENC
GENC
SBC
SBC
Q4 25
3.23×
3.66×
Q3 25
-0.14×
-1.63×
Q2 25
-6.24×
-3.39×
Q1 25
2.04×
0.09×
Q4 24
3.88×
-1.12×
Q3 24
-2.22×
1.77×
Q2 24
-0.41×
1.04×
Q1 24
1.87×
0.20×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GENC
GENC

Segment breakdown not available.

SBC
SBC

Franchising$10.3M26%
Medical Corporation Shobikai$8.1M21%
Medical Corporation Nasukai$7.2M18%
Management Services$6.3M16%
Rental Services$4.3M11%
Medical Corporation Association Furinkai$3.0M8%
Japan Medical And Beauty Inc$656.5K2%

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