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Side-by-side financial comparison of HEALTHY CHOICE WELLNESS CORP. (HCWC) and NextPlat Corp (NXPL). 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 $12.8M, roughly 1.5× NextPlat Corp). HEALTHY CHOICE WELLNESS CORP. runs the higher net margin — -8.9% vs -40.2%, a 31.3% gap on every dollar of revenue. NextPlat Corp produced more free cash flow last quarter ($-339.0K vs $-927.1K).
HCWC vs NXPL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $18.7M | $12.8M |
| Net Profit | $-1.7M | $-5.1M |
| Gross Margin | 39.1% | 14.3% |
| Operating Margin | -7.6% | -28.9% |
| Net Margin | -8.9% | -40.2% |
| Revenue YoY | — | -21.1% |
| Net Profit YoY | — | -70.6% |
| EPS (diluted) | $-0.05 | — |
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.
| Q4 25 | $18.7M | $12.8M | ||
| Q3 25 | $19.0M | $13.8M | ||
| Q2 25 | $20.2M | $13.2M | ||
| Q1 25 | $20.3M | $14.5M | ||
| Q4 24 | — | $16.2M | ||
| Q3 24 | $18.2M | $15.4M | ||
| Q2 24 | — | $17.0M | ||
| Q1 24 | — | $17.5M |
| Q4 25 | $-1.7M | $-5.1M | ||
| Q3 25 | $-1.2M | $-2.2M | ||
| Q2 25 | $-339.4K | $-1.8M | ||
| Q1 25 | $-712.4K | $-1.3M | ||
| Q4 24 | — | $-3.0M | ||
| Q3 24 | $-2.7M | $-4.2M | ||
| Q2 24 | — | $-5.3M | ||
| Q1 24 | — | $-1.5M |
| Q4 25 | 39.1% | 14.3% | ||
| Q3 25 | 38.8% | 19.9% | ||
| Q2 25 | 40.1% | 21.8% | ||
| Q1 25 | 38.8% | 23.8% | ||
| Q4 24 | — | 16.8% | ||
| Q3 24 | 38.4% | 23.2% | ||
| Q2 24 | — | 34.5% | ||
| Q1 24 | — | 27.8% |
| Q4 25 | -7.6% | -28.9% | ||
| Q3 25 | -3.2% | -14.5% | ||
| Q2 25 | -0.2% | -13.8% | ||
| Q1 25 | -2.0% | -10.2% | ||
| Q4 24 | — | -14.1% | ||
| Q3 24 | -2.0% | -52.1% | ||
| Q2 24 | — | -64.1% | ||
| Q1 24 | — | -10.5% |
| Q4 25 | -8.9% | -40.2% | ||
| Q3 25 | -6.4% | -15.9% | ||
| Q2 25 | -1.7% | -13.5% | ||
| Q1 25 | -3.5% | -9.2% | ||
| Q4 24 | — | -18.6% | ||
| Q3 24 | -14.6% | -27.4% | ||
| Q2 24 | — | -31.3% | ||
| Q1 24 | — | -8.5% |
| Q4 25 | $-0.05 | — | ||
| Q3 25 | $-0.09 | — | ||
| Q2 25 | $-0.03 | — | ||
| Q1 25 | $-0.07 | $-0.05 | ||
| Q4 24 | — | — | ||
| Q3 24 | $-0.29 | $-0.22 | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $-0.08 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $3.0M | $13.7M |
| Total DebtLower is stronger | $7.3M | $1.3M |
| Stockholders' EquityBook value | $7.3M | $17.3M |
| Total Assets | $33.5M | $27.5M |
| Debt / EquityLower = less leverage | 1.00× | 0.07× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.0M | $13.7M | ||
| Q3 25 | $3.0M | $13.9M | ||
| Q2 25 | $4.7M | $16.6M | ||
| Q1 25 | $1.8M | $17.7M | ||
| Q4 24 | — | $20.0M | ||
| Q3 24 | $1.8M | $20.4M | ||
| Q2 24 | — | $24.9M | ||
| Q1 24 | — | $23.5M |
| Q4 25 | $7.3M | $1.3M | ||
| Q3 25 | $8.5M | $1.2M | ||
| Q2 25 | $9.7M | $1.2M | ||
| Q1 25 | $10.6M | $1.3M | ||
| Q4 24 | — | $1.4M | ||
| Q3 24 | $11.6M | $1.5M | ||
| Q2 24 | — | $1.3M | ||
| Q1 24 | — | $1.4M |
| Q4 25 | $7.3M | $17.3M | ||
| Q3 25 | $5.9M | $21.4M | ||
| Q2 25 | $5.8M | $23.5M | ||
| Q1 25 | $2.1M | $25.3M | ||
| Q4 24 | — | $27.3M | ||
| Q3 24 | $2.9M | $22.5M | ||
| Q2 24 | — | $26.5M | ||
| Q1 24 | — | $31.2M |
| Q4 25 | $33.5M | $27.5M | ||
| Q3 25 | $33.7M | $30.0M | ||
| Q2 25 | $36.4M | $31.0M | ||
| Q1 25 | $34.1M | $35.2M | ||
| Q4 24 | — | $37.1M | ||
| Q3 24 | $33.2M | $41.1M | ||
| Q2 24 | — | $51.5M | ||
| Q1 24 | — | $65.1M |
| Q4 25 | 1.00× | 0.07× | ||
| Q3 25 | 1.43× | 0.05× | ||
| Q2 25 | 1.69× | 0.05× | ||
| Q1 25 | 5.01× | 0.05× | ||
| Q4 24 | — | 0.05× | ||
| Q3 24 | 3.95× | 0.07× | ||
| Q2 24 | — | 0.05× | ||
| Q1 24 | — | 0.04× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $-855.1K | $-302.0K |
| Free Cash FlowOCF − Capex | $-927.1K | $-339.0K |
| FCF MarginFCF / Revenue | -5.0% | -2.6% |
| Capex IntensityCapex / Revenue | 0.4% | 0.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $675.4K | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-855.1K | $-302.0K | ||
| Q3 25 | $-308.7K | $-2.7M | ||
| Q2 25 | $1.1M | $-1.0M | ||
| Q1 25 | $1.1M | $-2.1M | ||
| Q4 24 | — | $-476.0K | ||
| Q3 24 | — | $-4.6M | ||
| Q2 24 | — | $2.3M | ||
| Q1 24 | — | $-2.7M |
| Q4 25 | $-927.1K | $-339.0K | ||
| Q3 25 | $-351.3K | — | ||
| Q2 25 | $988.6K | $-1.1M | ||
| Q1 25 | $965.3K | $-2.1M | ||
| Q4 24 | — | $-508.0K | ||
| Q3 24 | — | $-4.7M | ||
| Q2 24 | — | $2.2M | ||
| Q1 24 | — | $-2.7M |
| Q4 25 | -5.0% | -2.6% | ||
| Q3 25 | -1.8% | — | ||
| Q2 25 | 4.9% | -8.0% | ||
| Q1 25 | 4.8% | -14.3% | ||
| Q4 24 | — | -3.1% | ||
| Q3 24 | — | -30.6% | ||
| Q2 24 | — | 13.2% | ||
| Q1 24 | — | -15.7% |
| Q4 25 | 0.4% | 0.3% | ||
| Q3 25 | 0.2% | 0.0% | ||
| Q2 25 | 0.4% | 0.1% | ||
| Q1 25 | 0.6% | 0.2% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | 0.6% | ||
| Q2 24 | — | 0.4% | ||
| Q1 24 | — | 0.4% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HCWC
| Retail Grocery | $17.1M | 91% |
| Food Service Restaurant | $1.7M | 9% |
NXPL
| Healthcare Operations | $9.0M | 70% |
| Ecommerce Revenue | $3.8M | 30% |