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Side-by-side financial comparison of IM Cannabis Corp. (IMCC) and MARCHEX INC (MCHX). Click either name above to swap in a different company.

MARCHEX INC is the larger business by last-quarter revenue ($10.8M vs $9.3M, roughly 1.2× IM Cannabis Corp.). IM Cannabis Corp. runs the higher net margin — -1.5% vs -21.4%, a 19.8% gap on every dollar of revenue. On growth, MARCHEX INC posted the faster year-over-year revenue change (-9.0% vs -13.9%).

IM Cannabis Corp is a global cannabis enterprise focused on the cultivation, production, distribution and retail of medical and adult-use cannabis products. It runs business across core markets including North America, the European Union and Israel, offering branded cannabis goods, wellness derivatives and related consumer products to medical patients and recreational users.

Marchex Inc. is a U.S.-headquartered technology company focused on conversational analytics, call tracking, and digital marketing solutions for small and medium-sized businesses as well as enterprise clients across North America. Its core products help businesses optimize customer acquisition strategies, quantify marketing campaign performance, and improve customer engagement across voice and digital communication channels.

IMCC vs MCHX — Head-to-Head

Bigger by revenue
MCHX
MCHX
1.2× larger
MCHX
$10.8M
$9.3M
IMCC
Growing faster (revenue YoY)
MCHX
MCHX
+4.9% gap
MCHX
-9.0%
-13.9%
IMCC
Higher net margin
IMCC
IMCC
19.8% more per $
IMCC
-1.5%
-21.4%
MCHX

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
IMCC
IMCC
MCHX
MCHX
Revenue
$9.3M
$10.8M
Net Profit
$-141.6K
$-2.3M
Gross Margin
27.0%
61.6%
Operating Margin
-2.8%
-21.9%
Net Margin
-1.5%
-21.4%
Revenue YoY
-13.9%
-9.0%
Net Profit YoY
94.4%
-21.3%
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.

Revenue
IMCC
IMCC
MCHX
MCHX
Q4 25
$10.8M
Q3 25
$11.5M
Q2 25
$9.3M
$11.7M
Q1 25
$11.4M
Q4 24
$11.9M
Q3 24
$12.6M
Q2 24
$10.8M
$12.1M
Q1 24
$11.6M
Net Profit
IMCC
IMCC
MCHX
MCHX
Q4 25
$-2.3M
Q3 25
$-1.0M
Q2 25
$-141.6K
$84.0K
Q1 25
$-2.0M
Q4 24
$-1.9M
Q3 24
$-831.0K
Q2 24
$-2.5M
$-756.0K
Q1 24
$-1.4M
Gross Margin
IMCC
IMCC
MCHX
MCHX
Q4 25
61.6%
Q3 25
63.1%
Q2 25
27.0%
65.1%
Q1 25
63.3%
Q4 24
63.2%
Q3 24
66.4%
Q2 24
5.7%
65.6%
Q1 24
61.9%
Operating Margin
IMCC
IMCC
MCHX
MCHX
Q4 25
-21.9%
Q3 25
-8.2%
Q2 25
-2.8%
-4.6%
Q1 25
-16.4%
Q4 24
-13.3%
Q3 24
-6.6%
Q2 24
-19.5%
-6.0%
Q1 24
-11.3%
Net Margin
IMCC
IMCC
MCHX
MCHX
Q4 25
-21.4%
Q3 25
-8.9%
Q2 25
-1.5%
0.7%
Q1 25
-17.4%
Q4 24
-16.0%
Q3 24
-6.6%
Q2 24
-23.4%
-6.3%
Q1 24
-12.5%
EPS (diluted)
IMCC
IMCC
MCHX
MCHX
Q4 25
$-0.05
Q3 25
$-0.02
Q2 25
$0.00
Q1 25
$-0.05
Q4 24
$-0.04
Q3 24
$-0.02
Q2 24
$-0.02
Q1 24
$-0.03

Balance Sheet & Financial Strength

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

Metric
IMCC
IMCC
MCHX
MCHX
Cash + ST InvestmentsLiquidity on hand
$579.6K
$9.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.0M
$30.1M
Total Assets
$30.0M
$39.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IMCC
IMCC
MCHX
MCHX
Q4 25
$9.9M
Q3 25
$10.3M
Q2 25
$579.6K
$10.5M
Q1 25
$10.0M
Q4 24
$12.8M
Q3 24
$12.1M
Q2 24
$511.0K
$12.0M
Q1 24
$12.0M
Stockholders' Equity
IMCC
IMCC
MCHX
MCHX
Q4 25
$30.1M
Q3 25
$31.9M
Q2 25
$3.0M
$32.0M
Q1 25
$31.4M
Q4 24
$32.6M
Q3 24
$34.1M
Q2 24
$4.0M
$34.5M
Q1 24
$34.9M
Total Assets
IMCC
IMCC
MCHX
MCHX
Q4 25
$39.7M
Q3 25
$41.1M
Q2 25
$30.0M
$42.0M
Q1 25
$40.6M
Q4 24
$43.2M
Q3 24
$44.1M
Q2 24
$29.4M
$45.5M
Q1 24
$45.6M

Cash Flow & Capital Efficiency

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

Metric
IMCC
IMCC
MCHX
MCHX
Operating Cash FlowLast quarter
$121.0K
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IMCC
IMCC
MCHX
MCHX
Q4 25
$121.0K
Q3 25
$290.0K
Q2 25
$803.0K
Q1 25
$-2.6M
Q4 24
$875.0K
Q3 24
$382.0K
Q2 24
$117.0K
Q1 24
$-2.5M
Free Cash Flow
IMCC
IMCC
MCHX
MCHX
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$757.0K
Q3 24
$199.0K
Q2 24
$40.0K
Q1 24
$-2.5M
FCF Margin
IMCC
IMCC
MCHX
MCHX
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
6.3%
Q3 24
1.6%
Q2 24
0.3%
Q1 24
-21.4%
Capex Intensity
IMCC
IMCC
MCHX
MCHX
Q4 25
Q3 25
0.0%
Q2 25
Q1 25
Q4 24
1.0%
Q3 24
1.5%
Q2 24
0.6%
Q1 24
0.0%
Cash Conversion
IMCC
IMCC
MCHX
MCHX
Q4 25
Q3 25
Q2 25
9.56×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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