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Side-by-side financial comparison of Hanover Bancorp, Inc. (HNVR) and SS Innovations International, Inc. (SSII). Click either name above to swap in a different company.
Hanover Bancorp, Inc. is the larger business by last-quarter revenue ($18.6M vs $14.5M, roughly 1.3× SS Innovations International, Inc.). Hanover Bancorp, Inc. runs the higher net margin — 0.2% vs -17.0%, a 17.2% gap on every dollar of revenue. On growth, SS Innovations International, Inc. posted the faster year-over-year revenue change (79.1% vs 3.3%). Hanover Bancorp, Inc. produced more free cash flow last quarter ($12.2M vs $-3.2M). Over the past eight quarters, SS Innovations International, Inc.'s revenue compounded faster (99.9% CAGR vs 6.1%).
Hanover Bancorp, Inc. is a U.S. regional bank holding company based in Maryland. It offers retail and commercial banking services including deposits, business loans, mortgages, personal lending and wealth management, serving consumers, SMEs and local groups across Maryland and adjacent mid-Atlantic markets.
SS Innovations International, Inc. is a global medical technology enterprise specializing in the research, development and manufacturing of innovative surgical robotic systems. It provides high-precision, accessible robotic platforms for minimally invasive surgery, catering to healthcare facilities across multiple regions to boost surgical outcomes and cut procedural burdens.
HNVR vs SSII — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $18.6M | $14.5M |
| Net Profit | $33.0K | $-2.5M |
| Gross Margin | — | 43.9% |
| Operating Margin | 0.7% | -3.7% |
| Net Margin | 0.2% | -17.0% |
| Revenue YoY | 3.3% | 79.1% |
| Net Profit YoY | -99.2% | -28.5% |
| EPS (diluted) | $0.00 | $-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.
| Q4 25 | $18.6M | $14.5M | ||
| Q3 25 | $18.0M | $12.8M | ||
| Q2 25 | $18.4M | $10.0M | ||
| Q1 25 | $18.4M | $5.1M | ||
| Q4 24 | $18.0M | $8.1M | ||
| Q3 24 | $17.1M | $4.4M | ||
| Q2 24 | $16.9M | $4.5M | ||
| Q1 24 | $16.5M | $3.6M |
| Q4 25 | $33.0K | $-2.5M | ||
| Q3 25 | $3.5M | $-3.7M | ||
| Q2 25 | $2.4M | $-256.7K | ||
| Q1 25 | $1.5M | $-5.7M | ||
| Q4 24 | $3.9M | $-1.9M | ||
| Q3 24 | $3.5M | $-3.2M | ||
| Q2 24 | $844.0K | $-4.1M | ||
| Q1 24 | $4.1M | $-9.8M |
| Q4 25 | — | 43.9% | ||
| Q3 25 | — | 48.1% | ||
| Q2 25 | — | 59.1% | ||
| Q1 25 | — | 21.2% | ||
| Q4 24 | — | 48.9% | ||
| Q3 24 | — | 52.8% | ||
| Q2 24 | — | 31.9% | ||
| Q1 24 | — | 20.0% |
| Q4 25 | 0.7% | -3.7% | ||
| Q3 25 | 25.9% | -14.3% | ||
| Q2 25 | 18.4% | 1.0% | ||
| Q1 25 | 9.6% | -115.6% | ||
| Q4 24 | 28.9% | -22.7% | ||
| Q3 24 | 27.1% | -73.1% | ||
| Q2 24 | 6.9% | -90.9% | ||
| Q1 24 | 32.7% | -270.3% |
| Q4 25 | 0.2% | -17.0% | ||
| Q3 25 | 19.4% | -29.0% | ||
| Q2 25 | 13.3% | -2.6% | ||
| Q1 25 | 8.3% | -111.0% | ||
| Q4 24 | 21.7% | -23.7% | ||
| Q3 24 | 20.7% | -74.0% | ||
| Q2 24 | 5.0% | -91.8% | ||
| Q1 24 | 24.6% | -270.5% |
| Q4 25 | $0.00 | $-0.01 | ||
| Q3 25 | $0.47 | $-0.02 | ||
| Q2 25 | $0.33 | $0.00 | ||
| Q1 25 | $0.20 | $-0.03 | ||
| Q4 24 | $0.52 | $-0.01 | ||
| Q3 24 | $0.48 | $-0.02 | ||
| Q2 24 | $0.11 | $-0.02 | ||
| Q1 24 | $0.55 | $-0.06 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $208.9M | $3.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $200.3M | $38.2M |
| Total Assets | $2.4B | $74.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $208.9M | $3.2M | ||
| Q3 25 | $167.6M | $5.7M | ||
| Q2 25 | $164.5M | $11.4M | ||
| Q1 25 | $160.2M | $15.9M | ||
| Q4 24 | $162.9M | $466.5K | ||
| Q3 24 | $141.2M | $220.4K | ||
| Q2 24 | $141.1M | $608.2K | ||
| Q1 24 | $136.5M | $948.1K |
| Q4 25 | $200.3M | $38.2M | ||
| Q3 25 | $201.8M | $39.6M | ||
| Q2 25 | $198.9M | $42.0M | ||
| Q1 25 | $196.6M | $40.6M | ||
| Q4 24 | $196.6M | $13.5M | ||
| Q3 24 | $192.3M | $13.7M | ||
| Q2 24 | $190.1M | $14.8M | ||
| Q1 24 | $189.5M | $16.7M |
| Q4 25 | $2.4B | $74.2M | ||
| Q3 25 | $2.3B | $69.6M | ||
| Q2 25 | $2.3B | $70.0M | ||
| Q1 25 | $2.3B | $63.5M | ||
| Q4 24 | $2.3B | $42.4M | ||
| Q3 24 | $2.3B | $39.0M | ||
| Q2 24 | $2.3B | $35.7M | ||
| Q1 24 | $2.3B | $35.2M |
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 | $13.1M | $-1.5M |
| Free Cash FlowOCF − Capex | $12.2M | $-3.2M |
| FCF MarginFCF / Revenue | 65.5% | -22.3% |
| Capex IntensityCapex / Revenue | 4.7% | 11.8% |
| Cash ConversionOCF / Net Profit | 395.48× | — |
| TTM Free Cash FlowTrailing 4 quarters | $16.3M | $-22.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $13.1M | $-1.5M | ||
| Q3 25 | $2.7M | $-7.5M | ||
| Q2 25 | $-2.1M | $-3.5M | ||
| Q1 25 | $4.1M | $-6.1M | ||
| Q4 24 | $5.4M | $-3.3M | ||
| Q3 24 | $-547.0K | $-2.5M | ||
| Q2 24 | $-3.1M | $-1.0M | ||
| Q1 24 | $3.6M | $-2.7M |
| Q4 25 | $12.2M | $-3.2M | ||
| Q3 25 | $2.4M | $-8.2M | ||
| Q2 25 | $-2.2M | $-3.8M | ||
| Q1 25 | $3.9M | $-7.0M | ||
| Q4 24 | $4.1M | $-3.4M | ||
| Q3 24 | $-876.0K | $-4.2M | ||
| Q2 24 | $-4.5M | $-3.1M | ||
| Q1 24 | $3.3M | $-2.8M |
| Q4 25 | 65.5% | -22.3% | ||
| Q3 25 | 13.5% | -64.1% | ||
| Q2 25 | -11.7% | -37.7% | ||
| Q1 25 | 21.2% | -136.2% | ||
| Q4 24 | 23.1% | -41.7% | ||
| Q3 24 | -5.1% | -96.9% | ||
| Q2 24 | -26.9% | -69.5% | ||
| Q1 24 | 19.9% | -76.9% |
| Q4 25 | 4.7% | 11.8% | ||
| Q3 25 | 1.8% | 5.9% | ||
| Q2 25 | 0.5% | 3.2% | ||
| Q1 25 | 1.2% | 17.0% | ||
| Q4 24 | 7.2% | 1.5% | ||
| Q3 24 | 1.9% | 38.8% | ||
| Q2 24 | 8.6% | 46.8% | ||
| Q1 24 | 1.9% | 3.5% |
| Q4 25 | 395.48× | — | ||
| Q3 25 | 0.79× | — | ||
| Q2 25 | -0.84× | — | ||
| Q1 25 | 2.70× | — | ||
| Q4 24 | 1.39× | — | ||
| Q3 24 | -0.15× | — | ||
| Q2 24 | -3.68× | — | ||
| Q1 24 | 0.89× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HNVR
Segment breakdown not available.
SSII
| System Sales | $13.4M | 92% |
| Other | $1.2M | 8% |
