vs

Side-by-side financial comparison of HEALTHY CHOICE WELLNESS CORP. (HCWC) and NATIONAL BANKSHARES INC (NKSH). 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 $15.3M, roughly 1.2× NATIONAL BANKSHARES INC). NATIONAL BANKSHARES INC runs the higher net margin — 38.5% vs -8.9%, a 47.4% gap on every dollar of revenue. NATIONAL BANKSHARES INC produced more free cash flow last quarter ($15.2M vs $-927.1K).

Nicolet Bankshares, Inc. is a U.S. regional bank holding company based in Green Bay, Wisconsin. They are the parent company of Nicolet National Bank, the second largest Wisconsin-based bank.

HCWC vs NKSH — Head-to-Head

Bigger by revenue
HCWC
HCWC
1.2× larger
HCWC
$18.7M
$15.3M
NKSH
Higher net margin
NKSH
NKSH
47.4% more per $
NKSH
38.5%
-8.9%
HCWC
More free cash flow
NKSH
NKSH
$16.1M more FCF
NKSH
$15.2M
$-927.1K
HCWC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HCWC
HCWC
NKSH
NKSH
Revenue
$18.7M
$15.3M
Net Profit
$-1.7M
$5.9M
Gross Margin
39.1%
Operating Margin
-7.6%
47.4%
Net Margin
-8.9%
38.5%
Revenue YoY
24.7%
Net Profit YoY
91.0%
EPS (diluted)
$-0.05
$0.93

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
NKSH
NKSH
Q4 25
$18.7M
$15.3M
Q3 25
$19.0M
$14.2M
Q2 25
$20.2M
$13.3M
Q1 25
$20.3M
$12.8M
Q4 24
$12.2M
Q3 24
$18.2M
$11.7M
Q2 24
$10.9M
Q1 24
$10.4M
Net Profit
HCWC
HCWC
NKSH
NKSH
Q4 25
$-1.7M
$5.9M
Q3 25
$-1.2M
$4.4M
Q2 25
$-339.4K
$2.3M
Q1 25
$-712.4K
$3.2M
Q4 24
$3.1M
Q3 24
$-2.7M
$2.7M
Q2 24
$-307.0K
Q1 24
$2.2M
Gross Margin
HCWC
HCWC
NKSH
NKSH
Q4 25
39.1%
Q3 25
38.8%
Q2 25
40.1%
Q1 25
38.8%
Q4 24
Q3 24
38.4%
Q2 24
Q1 24
Operating Margin
HCWC
HCWC
NKSH
NKSH
Q4 25
-7.6%
47.4%
Q3 25
-3.2%
37.9%
Q2 25
-0.2%
20.0%
Q1 25
-2.0%
30.5%
Q4 24
30.1%
Q3 24
-2.0%
27.5%
Q2 24
-4.4%
Q1 24
25.8%
Net Margin
HCWC
HCWC
NKSH
NKSH
Q4 25
-8.9%
38.5%
Q3 25
-6.4%
31.1%
Q2 25
-1.7%
17.2%
Q1 25
-3.5%
25.3%
Q4 24
25.1%
Q3 24
-14.6%
22.8%
Q2 24
-2.8%
Q1 24
20.8%
EPS (diluted)
HCWC
HCWC
NKSH
NKSH
Q4 25
$-0.05
$0.93
Q3 25
$-0.09
$0.69
Q2 25
$-0.03
$0.36
Q1 25
$-0.07
$0.51
Q4 24
$0.50
Q3 24
$-0.29
$0.42
Q2 24
$-0.05
Q1 24
$0.37

Balance Sheet & Financial Strength

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

Metric
HCWC
HCWC
NKSH
NKSH
Cash + ST InvestmentsLiquidity on hand
$3.0M
$59.3M
Total DebtLower is stronger
$7.3M
Stockholders' EquityBook value
$7.3M
$184.9M
Total Assets
$33.5M
$1.8B
Debt / EquityLower = less leverage
1.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HCWC
HCWC
NKSH
NKSH
Q4 25
$3.0M
$59.3M
Q3 25
$3.0M
$42.3M
Q2 25
$4.7M
$92.8M
Q1 25
$1.8M
$122.5M
Q4 24
$108.1M
Q3 24
$1.8M
$49.8M
Q2 24
$98.9M
Q1 24
$121.2M
Total Debt
HCWC
HCWC
NKSH
NKSH
Q4 25
$7.3M
Q3 25
$8.5M
Q2 25
$9.7M
Q1 25
$10.6M
Q4 24
Q3 24
$11.6M
Q2 24
Q1 24
Stockholders' Equity
HCWC
HCWC
NKSH
NKSH
Q4 25
$7.3M
$184.9M
Q3 25
$5.9M
$179.2M
Q2 25
$5.8M
$168.7M
Q1 25
$2.1M
$167.3M
Q4 24
$156.4M
Q3 24
$2.9M
$167.8M
Q2 24
$149.0M
Q1 24
$139.4M
Total Assets
HCWC
HCWC
NKSH
NKSH
Q4 25
$33.5M
$1.8B
Q3 25
$33.7M
$1.8B
Q2 25
$36.4M
$1.8B
Q1 25
$34.1M
$1.8B
Q4 24
$1.8B
Q3 24
$33.2M
$1.8B
Q2 24
$1.8B
Q1 24
$1.7B
Debt / Equity
HCWC
HCWC
NKSH
NKSH
Q4 25
1.00×
Q3 25
1.43×
Q2 25
1.69×
Q1 25
5.01×
Q4 24
Q3 24
3.95×
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
HCWC
HCWC
NKSH
NKSH
Operating Cash FlowLast quarter
$-855.1K
$17.9M
Free Cash FlowOCF − Capex
$-927.1K
$15.2M
FCF MarginFCF / Revenue
-5.0%
99.2%
Capex IntensityCapex / Revenue
0.4%
17.9%
Cash ConversionOCF / Net Profit
3.04×
TTM Free Cash FlowTrailing 4 quarters
$675.4K
$23.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HCWC
HCWC
NKSH
NKSH
Q4 25
$-855.1K
$17.9M
Q3 25
$-308.7K
$6.1M
Q2 25
$1.1M
$2.1M
Q1 25
$1.1M
$2.6M
Q4 24
$9.4M
Q3 24
$3.1M
Q2 24
$-3.0M
Q1 24
$3.8M
Free Cash Flow
HCWC
HCWC
NKSH
NKSH
Q4 25
$-927.1K
$15.2M
Q3 25
$-351.3K
$5.3M
Q2 25
$988.6K
$1.5M
Q1 25
$965.3K
$1.6M
Q4 24
$6.2M
Q3 24
$2.2M
Q2 24
$-4.0M
Q1 24
$3.5M
FCF Margin
HCWC
HCWC
NKSH
NKSH
Q4 25
-5.0%
99.2%
Q3 25
-1.8%
37.4%
Q2 25
4.9%
11.5%
Q1 25
4.8%
12.5%
Q4 24
50.5%
Q3 24
18.5%
Q2 24
-36.3%
Q1 24
33.8%
Capex Intensity
HCWC
HCWC
NKSH
NKSH
Q4 25
0.4%
17.9%
Q3 25
0.2%
5.6%
Q2 25
0.4%
4.1%
Q1 25
0.6%
7.5%
Q4 24
26.6%
Q3 24
8.3%
Q2 24
9.3%
Q1 24
3.0%
Cash Conversion
HCWC
HCWC
NKSH
NKSH
Q4 25
3.04×
Q3 25
1.38×
Q2 25
0.90×
Q1 25
0.79×
Q4 24
3.07×
Q3 24
1.17×
Q2 24
Q1 24
1.77×

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%

NKSH
NKSH

Segment breakdown not available.

Related Comparisons