vs

Side-by-side financial comparison of HEALTHY CHOICE WELLNESS CORP. (HCWC) and EVERSPIN TECHNOLOGIES INC. (MRAM). Click either name above to swap in a different company.

HEALTHY CHOICE WELLNESS CORP. is the larger business by last-quarter revenue ($18.7M vs $14.9M, roughly 1.3× EVERSPIN TECHNOLOGIES INC.). EVERSPIN TECHNOLOGIES INC. runs the higher net margin — -2.0% vs -8.9%, a 6.9% gap on every dollar of revenue.

Everspin Technologies, Inc. is a publicly traded semiconductor company headquartered in Chandler, Arizona, United States. It develops and manufactures discrete magnetoresistive RAM or magnetoresistive random-access memory (MRAM) products, including Toggle MRAM and Spin-Transfer Torque MRAM (STT-MRAM) product families. It also licenses its technology for use in embedded MRAM (eMRAM) applications, magnetic sensor applications as well as performs backend foundry services for eMRAM.

HCWC vs MRAM — Head-to-Head

Bigger by revenue
HCWC
HCWC
1.3× larger
HCWC
$18.7M
$14.9M
MRAM
Higher net margin
MRAM
MRAM
6.9% more per $
MRAM
-2.0%
-8.9%
HCWC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
HCWC
HCWC
MRAM
MRAM
Revenue
$18.7M
$14.9M
Net Profit
$-1.7M
$-296.0K
Gross Margin
39.1%
52.7%
Operating Margin
-7.6%
29.0%
Net Margin
-8.9%
-2.0%
Revenue YoY
13.2%
Net Profit YoY
EPS (diluted)
$-0.05
$-0.01

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
HCWC
HCWC
MRAM
MRAM
Q1 26
$14.9M
Q4 25
$18.7M
$14.8M
Q3 25
$19.0M
$14.1M
Q2 25
$20.2M
$13.2M
Q1 25
$20.3M
$13.1M
Q4 24
$13.2M
Q3 24
$18.2M
$12.1M
Q2 24
$10.6M
Net Profit
HCWC
HCWC
MRAM
MRAM
Q1 26
$-296.0K
Q4 25
$-1.7M
$1.2M
Q3 25
$-1.2M
$54.0K
Q2 25
$-339.4K
$-670.0K
Q1 25
$-712.4K
$-1.2M
Q4 24
$1.2M
Q3 24
$-2.7M
$2.3M
Q2 24
$-2.5M
Gross Margin
HCWC
HCWC
MRAM
MRAM
Q1 26
52.7%
Q4 25
39.1%
50.8%
Q3 25
38.8%
51.3%
Q2 25
40.1%
51.3%
Q1 25
38.8%
51.4%
Q4 24
51.3%
Q3 24
38.4%
49.2%
Q2 24
49.0%
Operating Margin
HCWC
HCWC
MRAM
MRAM
Q1 26
29.0%
Q4 25
-7.6%
-7.2%
Q3 25
-3.2%
-11.0%
Q2 25
-0.2%
-14.9%
Q1 25
-2.0%
-14.7%
Q4 24
-11.8%
Q3 24
-2.0%
-17.5%
Q2 24
-26.5%
Net Margin
HCWC
HCWC
MRAM
MRAM
Q1 26
-2.0%
Q4 25
-8.9%
8.1%
Q3 25
-6.4%
0.4%
Q2 25
-1.7%
-5.1%
Q1 25
-3.5%
-8.9%
Q4 24
9.2%
Q3 24
-14.6%
18.8%
Q2 24
-23.5%
EPS (diluted)
HCWC
HCWC
MRAM
MRAM
Q1 26
$-0.01
Q4 25
$-0.05
$0.05
Q3 25
$-0.09
$0.00
Q2 25
$-0.03
$-0.03
Q1 25
$-0.07
$-0.05
Q4 24
$0.07
Q3 24
$-0.29
$0.10
Q2 24
$-0.12

Balance Sheet & Financial Strength

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

Metric
HCWC
HCWC
MRAM
MRAM
Cash + ST InvestmentsLiquidity on hand
$3.0M
$40.5M
Total DebtLower is stronger
$7.3M
Stockholders' EquityBook value
$7.3M
$70.2M
Total Assets
$33.5M
$83.2M
Debt / EquityLower = less leverage
1.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HCWC
HCWC
MRAM
MRAM
Q1 26
$40.5M
Q4 25
$3.0M
$44.5M
Q3 25
$3.0M
$45.3M
Q2 25
$4.7M
$45.0M
Q1 25
$1.8M
$42.2M
Q4 24
$42.1M
Q3 24
$1.8M
$39.6M
Q2 24
$36.8M
Total Debt
HCWC
HCWC
MRAM
MRAM
Q1 26
Q4 25
$7.3M
Q3 25
$8.5M
Q2 25
$9.7M
Q1 25
$10.6M
Q4 24
Q3 24
$11.6M
Q2 24
Stockholders' Equity
HCWC
HCWC
MRAM
MRAM
Q1 26
$70.2M
Q4 25
$7.3M
$68.9M
Q3 25
$5.9M
$65.8M
Q2 25
$5.8M
$64.1M
Q1 25
$2.1M
$63.0M
Q4 24
$62.6M
Q3 24
$2.9M
$59.3M
Q2 24
$55.4M
Total Assets
HCWC
HCWC
MRAM
MRAM
Q1 26
$83.2M
Q4 25
$33.5M
$84.6M
Q3 25
$33.7M
$80.3M
Q2 25
$36.4M
$78.9M
Q1 25
$34.1M
$80.2M
Q4 24
$77.8M
Q3 24
$33.2M
$72.6M
Q2 24
$64.6M
Debt / Equity
HCWC
HCWC
MRAM
MRAM
Q1 26
Q4 25
1.00×
Q3 25
1.43×
Q2 25
1.69×
Q1 25
5.01×
Q4 24
Q3 24
3.95×
Q2 24

Cash Flow & Capital Efficiency

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

Metric
HCWC
HCWC
MRAM
MRAM
Operating Cash FlowLast quarter
$-855.1K
$570.0K
Free Cash FlowOCF − Capex
$-927.1K
FCF MarginFCF / Revenue
-5.0%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$675.4K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HCWC
HCWC
MRAM
MRAM
Q1 26
$570.0K
Q4 25
$-855.1K
$2.6M
Q3 25
$-308.7K
$881.0K
Q2 25
$1.1M
$5.0M
Q1 25
$1.1M
$1.4M
Q4 24
$3.8M
Q3 24
$2.8M
Q2 24
$1.7M
Free Cash Flow
HCWC
HCWC
MRAM
MRAM
Q1 26
Q4 25
$-927.1K
$-975.0K
Q3 25
$-351.3K
$543.0K
Q2 25
$988.6K
$3.0M
Q1 25
$965.3K
$527.0K
Q4 24
$2.1M
Q3 24
$2.8M
Q2 24
$1.7M
FCF Margin
HCWC
HCWC
MRAM
MRAM
Q1 26
Q4 25
-5.0%
-6.6%
Q3 25
-1.8%
3.9%
Q2 25
4.9%
22.9%
Q1 25
4.8%
4.0%
Q4 24
15.8%
Q3 24
22.9%
Q2 24
15.9%
Capex Intensity
HCWC
HCWC
MRAM
MRAM
Q1 26
Q4 25
0.4%
24.3%
Q3 25
0.2%
2.4%
Q2 25
0.4%
15.1%
Q1 25
0.6%
6.9%
Q4 24
13.2%
Q3 24
0.5%
Q2 24
0.3%
Cash Conversion
HCWC
HCWC
MRAM
MRAM
Q1 26
Q4 25
2.19×
Q3 25
16.31×
Q2 25
Q1 25
Q4 24
3.16×
Q3 24
1.25×
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

HCWC
HCWC

Retail Grocery$17.1M91%
Food Service Restaurant$1.7M9%

MRAM
MRAM

Product sales$14.1M95%
Licensing, royalty, patent, engineering services and other revenue$772.0K5%

Related Comparisons