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Side-by-side financial comparison of HWH International Inc. (HWH) and MICROVISION, INC. (MVIS). Click either name above to swap in a different company.
MICROVISION, INC. is the larger business by last-quarter revenue ($223.0K vs $206.8K, roughly 1.1× HWH International Inc.). On growth, HWH International Inc. posted the faster year-over-year revenue change (-40.2% vs -86.5%). HWH International Inc. produced more free cash flow last quarter ($-217.9K vs $-59.4M).
HWH International Inc operates in the global luxury hospitality and lifestyle services industry, providing premium travel membership programs, curated high-end travel experiences, and exclusive access to luxury resorts, fine dining venues, and premium leisure facilities. Its key markets include North America, Asia Pacific, and Europe, serving high-net-worth individuals and corporate clients.
MicroVision Inc. is a technology company specializing in advanced LiDAR sensors, miniature display solutions, and perception software. Its core products serve automotive ADAS, augmented reality devices, consumer electronics, and industrial automation markets, delivering high-precision, low-power sensing technologies for next-generation smart applications.
HWH vs MVIS — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $206.8K | $223.0K |
| Net Profit | $-291.0K | — |
| Gross Margin | 59.8% | — |
| Operating Margin | -142.7% | — |
| Net Margin | -140.7% | — |
| Revenue YoY | -40.2% | -86.5% |
| Net Profit YoY | 46.9% | -21.2% |
| EPS (diluted) | — | — |
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 | — | $223.0K | ||
| Q3 25 | $206.8K | $241.0K | ||
| Q2 25 | $310.4K | $155.0K | ||
| Q1 25 | — | $589.0K | ||
| Q4 24 | $287.1K | $1.6M | ||
| Q3 24 | $345.5K | $190.0K | ||
| Q2 24 | $334.9K | $1.9M | ||
| Q1 24 | $286.1K | $956.0K |
| Q4 25 | — | — | ||
| Q3 25 | $-291.0K | $-14.2M | ||
| Q2 25 | $83.4K | $-14.2M | ||
| Q1 25 | — | $-28.8M | ||
| Q4 24 | $-476.7K | $-31.2M | ||
| Q3 24 | $-548.5K | $-15.5M | ||
| Q2 24 | $-387.9K | $-23.9M | ||
| Q1 24 | $-1.3M | $-26.3M |
| Q4 25 | — | — | ||
| Q3 25 | 59.8% | — | ||
| Q2 25 | 48.0% | — | ||
| Q1 25 | — | 6.6% | ||
| Q4 24 | 39.6% | -149.5% | ||
| Q3 24 | 46.3% | — | ||
| Q2 24 | 49.2% | 18.2% | ||
| Q1 24 | 57.1% | -33.6% |
| Q4 25 | — | — | ||
| Q3 25 | -142.7% | -5278.4% | ||
| Q2 25 | 24.5% | -9455.5% | ||
| Q1 25 | — | -2383.7% | ||
| Q4 24 | -170.2% | -1119.5% | ||
| Q3 24 | -155.5% | -8266.3% | ||
| Q2 24 | -120.5% | -1296.4% | ||
| Q1 24 | -467.1% | -2793.9% |
| Q4 25 | — | — | ||
| Q3 25 | -140.7% | -5899.2% | ||
| Q2 25 | 26.9% | -9180.0% | ||
| Q1 25 | — | -4886.1% | ||
| Q4 24 | -166.1% | -1888.2% | ||
| Q3 24 | -158.7% | -8166.8% | ||
| Q2 24 | -115.8% | -1259.5% | ||
| Q1 24 | -467.2% | -2752.4% |
| Q4 25 | — | — | ||
| Q3 25 | — | $-0.05 | ||
| Q2 25 | — | $-0.06 | ||
| Q1 25 | — | $-0.12 | ||
| Q4 24 | — | $-0.15 | ||
| Q3 24 | — | $-0.07 | ||
| Q2 24 | — | $-0.11 | ||
| Q1 24 | — | $-0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.9M | $74.9M |
| Total DebtLower is stronger | — | $19.2M |
| Stockholders' EquityBook value | $2.8M | $55.5M |
| Total Assets | $5.2M | $103.1M |
| Debt / EquityLower = less leverage | — | 0.35× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $74.9M | ||
| Q3 25 | $2.9M | $99.5M | ||
| Q2 25 | $3.7M | $91.4M | ||
| Q1 25 | — | $69.0M | ||
| Q4 24 | $4.4M | $74.7M | ||
| Q3 24 | $836.3K | $43.2M | ||
| Q2 24 | $958.9K | $56.6M | ||
| Q1 24 | $1.1M | $73.1M |
| Q4 25 | — | $19.2M | ||
| Q3 25 | — | $29.0M | ||
| Q2 25 | — | $32.3M | ||
| Q1 25 | — | $30.1M | ||
| Q4 24 | — | $33.0M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | $55.5M | ||
| Q3 25 | $2.8M | $90.7M | ||
| Q2 25 | $3.2M | $77.1M | ||
| Q1 25 | — | $53.2M | ||
| Q4 24 | $2.8M | $48.8M | ||
| Q3 24 | $-374.9K | $65.9M | ||
| Q2 24 | $-3.6M | $78.7M | ||
| Q1 24 | $-3.1M | $93.8M |
| Q4 25 | — | $103.1M | ||
| Q3 25 | $5.2M | $150.8M | ||
| Q2 25 | $10.6M | $140.6M | ||
| Q1 25 | — | $116.7M | ||
| Q4 24 | $6.4M | $121.2M | ||
| Q3 24 | $2.9M | $88.3M | ||
| Q2 24 | $3.1M | $103.4M | ||
| Q1 24 | $2.6M | $124.2M |
| Q4 25 | — | 0.35× | ||
| Q3 25 | — | 0.32× | ||
| Q2 25 | — | 0.42× | ||
| Q1 25 | — | 0.57× | ||
| Q4 24 | — | 0.68× | ||
| Q3 24 | — | — | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-199.9K | $-58.7M |
| Free Cash FlowOCF − Capex | $-217.9K | $-59.4M |
| FCF MarginFCF / Revenue | -105.4% | -26636.3% |
| Capex IntensityCapex / Revenue | 8.7% | 304.5% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-103.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $-58.7M | ||
| Q3 25 | $-199.9K | $-16.5M | ||
| Q2 25 | $26.9K | $-12.7M | ||
| Q1 25 | — | $-14.1M | ||
| Q4 24 | $-415.2K | $-15.1M | ||
| Q3 24 | $-275.0K | $-14.1M | ||
| Q2 24 | $-490.8K | $-18.6M | ||
| Q1 24 | $-638.2K | $-20.8M |
| Q4 25 | — | $-59.4M | ||
| Q3 25 | $-217.9K | $-16.6M | ||
| Q2 25 | — | $-12.9M | ||
| Q1 25 | — | $-14.2M | ||
| Q4 24 | $-415.5K | $-15.2M | ||
| Q3 24 | $-277.1K | $-14.1M | ||
| Q2 24 | $-516.8K | $-18.8M | ||
| Q1 24 | $-640.3K | $-20.9M |
| Q4 25 | — | -26636.3% | ||
| Q3 25 | -105.4% | -6894.6% | ||
| Q2 25 | — | -8346.5% | ||
| Q1 25 | — | -2410.4% | ||
| Q4 24 | -144.7% | -918.7% | ||
| Q3 24 | -80.2% | -7421.1% | ||
| Q2 24 | -154.3% | -989.5% | ||
| Q1 24 | -223.8% | -2183.4% |
| Q4 25 | — | 304.5% | ||
| Q3 25 | 8.7% | 53.1% | ||
| Q2 25 | — | 134.2% | ||
| Q1 25 | — | 16.8% | ||
| Q4 24 | 0.1% | 6.2% | ||
| Q3 24 | 0.6% | 4.7% | ||
| Q2 24 | 7.7% | 8.7% | ||
| Q1 24 | 0.7% | 11.9% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.32× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
