vs

Side-by-side financial comparison of INNEOVA Holdings Ltd (INEO) and Outset Medical, Inc. (OM). Click either name above to swap in a different company.

INNEOVA Holdings Ltd is the larger business by last-quarter revenue ($30.8M vs $28.9M, roughly 1.1× Outset Medical, Inc.). INNEOVA Holdings Ltd runs the higher net margin — 0.8% vs -67.5%, a 68.3% gap on every dollar of revenue. INNEOVA Holdings Ltd produced more free cash flow last quarter ($-1.5M vs $-9.7M).

Outset Medical, Inc. is a medical technology company focused on developing and commercializing innovative dialysis solutions for patients living with kidney disease. Its flagship Tablo Hemodialysis System supports use in acute care facilities, outpatient clinics, and home settings, serving healthcare providers and patients across the U.S. and select international markets.

INEO vs OM — Head-to-Head

Bigger by revenue
INEO
INEO
1.1× larger
INEO
$30.8M
$28.9M
OM
Higher net margin
INEO
INEO
68.3% more per $
INEO
0.8%
-67.5%
OM
More free cash flow
INEO
INEO
$8.3M more FCF
INEO
$-1.5M
$-9.7M
OM

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
INEO
INEO
OM
OM
Revenue
$30.8M
$28.9M
Net Profit
$243.0K
$-19.5M
Gross Margin
19.3%
42.4%
Operating Margin
3.6%
-61.1%
Net Margin
0.8%
-67.5%
Revenue YoY
-2.0%
Net Profit YoY
24.0%
EPS (diluted)
$0.02
$0.33

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
INEO
INEO
OM
OM
Q4 25
$28.9M
Q3 25
$29.4M
Q2 25
$30.8M
$31.4M
Q1 25
$29.8M
Q4 24
$29.5M
Q3 24
$28.7M
Q2 24
$27.4M
Q1 24
$28.2M
Net Profit
INEO
INEO
OM
OM
Q4 25
$-19.5M
Q3 25
$-17.8M
Q2 25
$243.0K
$-18.5M
Q1 25
$-25.8M
Q4 24
$-25.6M
Q3 24
$-27.9M
Q2 24
$-34.5M
Q1 24
$-39.9M
Gross Margin
INEO
INEO
OM
OM
Q4 25
42.4%
Q3 25
39.4%
Q2 25
19.3%
37.8%
Q1 25
37.2%
Q4 24
36.5%
Q3 24
34.3%
Q2 24
35.7%
Q1 24
29.2%
Operating Margin
INEO
INEO
OM
OM
Q4 25
-61.1%
Q3 25
-53.7%
Q2 25
3.6%
-53.7%
Q1 25
-55.1%
Q4 24
-74.2%
Q3 24
-83.2%
Q2 24
-112.3%
Q1 24
-131.0%
Net Margin
INEO
INEO
OM
OM
Q4 25
-67.5%
Q3 25
-60.6%
Q2 25
0.8%
-59.0%
Q1 25
-86.7%
Q4 24
-87.0%
Q3 24
-97.5%
Q2 24
-125.8%
Q1 24
-141.8%
EPS (diluted)
INEO
INEO
OM
OM
Q4 25
$0.33
Q3 25
$-1.00
Q2 25
$0.02
$-1.04
Q1 25
$-3.66
Q4 24
$-7.21
Q3 24
$-8.02
Q2 24
$-9.96
Q1 24
$-11.77

Balance Sheet & Financial Strength

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

Metric
INEO
INEO
OM
OM
Cash + ST InvestmentsLiquidity on hand
$2.1M
$168.9M
Total DebtLower is stronger
$2.9M
$96.2M
Stockholders' EquityBook value
$11.2M
$127.0M
Total Assets
$52.6M
$264.5M
Debt / EquityLower = less leverage
0.26×
0.76×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INEO
INEO
OM
OM
Q4 25
$168.9M
Q3 25
$178.6M
Q2 25
$2.1M
$184.1M
Q1 25
$189.0M
Q4 24
$158.7M
Q3 24
$175.6M
Q2 24
$194.8M
Q1 24
$226.9M
Total Debt
INEO
INEO
OM
OM
Q4 25
$96.2M
Q3 25
Q2 25
$2.9M
Q1 25
Q4 24
$197.4M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
INEO
INEO
OM
OM
Q4 25
$127.0M
Q3 25
$142.4M
Q2 25
$11.2M
$154.8M
Q1 25
$169.9M
Q4 24
$26.8M
Q3 24
$47.8M
Q2 24
$68.6M
Q1 24
$93.2M
Total Assets
INEO
INEO
OM
OM
Q4 25
$264.5M
Q3 25
$277.3M
Q2 25
$52.6M
$288.8M
Q1 25
$301.2M
Q4 24
$275.8M
Q3 24
$292.9M
Q2 24
$314.5M
Q1 24
$346.2M
Debt / Equity
INEO
INEO
OM
OM
Q4 25
0.76×
Q3 25
Q2 25
0.26×
Q1 25
Q4 24
7.36×
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
INEO
INEO
OM
OM
Operating Cash FlowLast quarter
$-301.0K
$-9.5M
Free Cash FlowOCF − Capex
$-1.5M
$-9.7M
FCF MarginFCF / Revenue
-4.8%
-33.7%
Capex IntensityCapex / Revenue
3.8%
0.8%
Cash ConversionOCF / Net Profit
-1.24×
TTM Free Cash FlowTrailing 4 quarters
$-47.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INEO
INEO
OM
OM
Q4 25
$-9.5M
Q3 25
$-6.3M
Q2 25
$-301.0K
$-4.8M
Q1 25
$-25.7M
Q4 24
$-16.5M
Q3 24
$-20.6M
Q2 24
$-33.3M
Q1 24
$-45.9M
Free Cash Flow
INEO
INEO
OM
OM
Q4 25
$-9.7M
Q3 25
$-6.5M
Q2 25
$-1.5M
$-5.1M
Q1 25
$-25.8M
Q4 24
$-16.5M
Q3 24
$-21.0M
Q2 24
$-33.5M
Q1 24
$-46.3M
FCF Margin
INEO
INEO
OM
OM
Q4 25
-33.7%
Q3 25
-22.0%
Q2 25
-4.8%
-16.3%
Q1 25
-86.7%
Q4 24
-56.1%
Q3 24
-73.1%
Q2 24
-122.2%
Q1 24
-164.3%
Capex Intensity
INEO
INEO
OM
OM
Q4 25
0.8%
Q3 25
0.5%
Q2 25
3.8%
0.9%
Q1 25
0.4%
Q4 24
0.1%
Q3 24
1.4%
Q2 24
0.4%
Q1 24
1.3%
Cash Conversion
INEO
INEO
OM
OM
Q4 25
Q3 25
Q2 25
-1.24×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

INEO
INEO

Segment breakdown not available.

OM
OM

Consumables Product$13.5M47%
Service And Other Revenue$9.0M31%
Consoles Product$6.4M22%

Related Comparisons