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Side-by-side financial comparison of HANMI FINANCIAL CORP (HAFC) and Voyager Technologies, Inc. (VOYG). Click either name above to swap in a different company.

HANMI FINANCIAL CORP is the larger business by last-quarter revenue ($71.2M vs $35.2M, roughly 2.0× Voyager Technologies, Inc.). HANMI FINANCIAL CORP runs the higher net margin — 29.8% vs -130.4%, a 160.2% gap on every dollar of revenue. On growth, HANMI FINANCIAL CORP posted the faster year-over-year revenue change (17.1% vs 2.1%). HANMI FINANCIAL CORP produced more free cash flow last quarter ($203.7M vs $-66.8M).

Hanmi Bank Corporation is a community bank headquartered in Los Angeles, California, with 35 branches and eight loan production offices in California, Texas, Illinois, New York, New Jersey and Virginia.

HAFC vs VOYG — Head-to-Head

Bigger by revenue
HAFC
HAFC
2.0× larger
HAFC
$71.2M
$35.2M
VOYG
Growing faster (revenue YoY)
HAFC
HAFC
+14.9% gap
HAFC
17.1%
2.1%
VOYG
Higher net margin
HAFC
HAFC
160.2% more per $
HAFC
29.8%
-130.4%
VOYG
More free cash flow
HAFC
HAFC
$270.5M more FCF
HAFC
$203.7M
$-66.8M
VOYG

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
HAFC
HAFC
VOYG
VOYG
Revenue
$71.2M
$35.2M
Net Profit
$21.2M
$-45.9M
Gross Margin
-4.4%
Operating Margin
29.8%
Net Margin
29.8%
-130.4%
Revenue YoY
17.1%
2.1%
Net Profit YoY
20.0%
-64.5%
EPS (diluted)
$0.70
$-0.75

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
HAFC
HAFC
VOYG
VOYG
Q1 26
$35.2M
Q4 25
$71.2M
$46.7M
Q3 25
$71.0M
$39.6M
Q2 25
$65.2M
$45.7M
Q1 25
$62.8M
Q4 24
$60.8M
Q3 24
$58.5M
Q2 24
$56.7M
Net Profit
HAFC
HAFC
VOYG
VOYG
Q1 26
$-45.9M
Q4 25
$21.2M
$-33.0M
Q3 25
$22.1M
$-16.3M
Q2 25
$15.1M
$-31.4M
Q1 25
$17.7M
Q4 24
$17.7M
Q3 24
$14.9M
Q2 24
$14.5M
Gross Margin
HAFC
HAFC
VOYG
VOYG
Q1 26
-4.4%
Q4 25
21.4%
Q3 25
15.4%
Q2 25
18.0%
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
HAFC
HAFC
VOYG
VOYG
Q1 26
Q4 25
29.8%
Q3 25
31.1%
-60.7%
Q2 25
23.2%
-52.8%
Q1 25
28.1%
Q4 24
29.1%
Q3 24
25.5%
Q2 24
25.5%
Net Margin
HAFC
HAFC
VOYG
VOYG
Q1 26
-130.4%
Q4 25
29.8%
-70.7%
Q3 25
31.1%
-41.1%
Q2 25
23.2%
-68.7%
Q1 25
28.1%
Q4 24
29.1%
Q3 24
25.5%
Q2 24
25.5%
EPS (diluted)
HAFC
HAFC
VOYG
VOYG
Q1 26
$-0.75
Q4 25
$0.70
$-0.52
Q3 25
$0.73
$-0.28
Q2 25
$0.50
$-1.23
Q1 25
$0.58
Q4 24
$0.58
Q3 24
$0.49
Q2 24
$0.48

Balance Sheet & Financial Strength

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

Metric
HAFC
HAFC
VOYG
VOYG
Cash + ST InvestmentsLiquidity on hand
$429.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$796.4M
$404.5M
Total Assets
$7.9B
$1.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HAFC
HAFC
VOYG
VOYG
Q1 26
$429.4M
Q4 25
$491.3M
Q3 25
$413.3M
Q2 25
$468.9M
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
HAFC
HAFC
VOYG
VOYG
Q1 26
$404.5M
Q4 25
$796.4M
Q3 25
$779.5M
$590.9M
Q2 25
$762.8M
$554.7M
Q1 25
$751.5M
Q4 24
$732.2M
Q3 24
$736.7M
Q2 24
$707.1M
Total Assets
HAFC
HAFC
VOYG
VOYG
Q1 26
$1.0B
Q4 25
$7.9B
Q3 25
$7.9B
$727.8M
Q2 25
$7.9B
$685.3M
Q1 25
$7.7B
Q4 24
$7.7B
Q3 24
$7.7B
Q2 24
$7.6B

Cash Flow & Capital Efficiency

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

Metric
HAFC
HAFC
VOYG
VOYG
Operating Cash FlowLast quarter
$206.0M
$-39.7M
Free Cash FlowOCF − Capex
$203.7M
$-66.8M
FCF MarginFCF / Revenue
286.2%
-189.5%
Capex IntensityCapex / Revenue
3.2%
Cash ConversionOCF / Net Profit
9.70×
TTM Free Cash FlowTrailing 4 quarters
$356.1M
$-263.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HAFC
HAFC
VOYG
VOYG
Q1 26
$-39.7M
Q4 25
$206.0M
$-60.9M
Q3 25
$146.9M
$-15.1M
Q2 25
$-19.0M
$-30.9M
Q1 25
$25.8M
Q4 24
$52.6M
Q3 24
$6.7M
Q2 24
$2.1M
Free Cash Flow
HAFC
HAFC
VOYG
VOYG
Q1 26
$-66.8M
Q4 25
$203.7M
$-54.5M
Q3 25
$146.4M
$-53.8M
Q2 25
$-19.6M
$-88.8M
Q1 25
$25.6M
Q4 24
$49.9M
Q3 24
$6.5M
Q2 24
$1.3M
FCF Margin
HAFC
HAFC
VOYG
VOYG
Q1 26
-189.5%
Q4 25
286.2%
-116.9%
Q3 25
206.3%
-135.8%
Q2 25
-30.0%
-194.4%
Q1 25
40.7%
Q4 24
82.1%
Q3 24
11.1%
Q2 24
2.3%
Capex Intensity
HAFC
HAFC
VOYG
VOYG
Q1 26
Q4 25
3.2%
Q3 25
0.8%
97.8%
Q2 25
0.9%
126.7%
Q1 25
0.4%
Q4 24
4.3%
Q3 24
0.4%
Q2 24
1.4%
Cash Conversion
HAFC
HAFC
VOYG
VOYG
Q1 26
Q4 25
9.70×
Q3 25
6.66×
Q2 25
-1.26×
Q1 25
1.46×
Q4 24
2.97×
Q3 24
0.45×
Q2 24
0.14×

Financial Flow Comparison

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

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