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Side-by-side financial comparison of Inspired Entertainment, Inc. (INSE) and CPI Card Group Inc. (PMTS). Click either name above to swap in a different company.

CPI Card Group Inc. is the larger business by last-quarter revenue ($153.1M vs $77.2M, roughly 2.0× Inspired Entertainment, Inc.). CPI Card Group Inc. runs the higher net margin — 4.8% vs -9.3%, a 14.1% gap on every dollar of revenue. On growth, CPI Card Group Inc. posted the faster year-over-year revenue change (22.3% vs -6.8%). CPI Card Group Inc. produced more free cash flow last quarter ($35.2M vs $-9.9M). Over the past eight quarters, CPI Card Group Inc.'s revenue compounded faster (16.9% CAGR vs 11.3%).

Alchemy Copyrights, LLC, doing business as Concord, is an independent American entertainment company. It develops, manages and acquires sound recordings, music publishing rights, theatrical performance rights, and narrative content for film and television. Concord is majority owned by the State of Michigan Retirement System.

CPI Card Group Inc. is a leading provider of payment card production and associated solutions, including contactless and contact credit/debit cards, prepaid cards, and card personalization services. It primarily serves financial institutions, fintech firms, and retail brands across its core North American market.

INSE vs PMTS — Head-to-Head

Bigger by revenue
PMTS
PMTS
2.0× larger
PMTS
$153.1M
$77.2M
INSE
Growing faster (revenue YoY)
PMTS
PMTS
+29.1% gap
PMTS
22.3%
-6.8%
INSE
Higher net margin
PMTS
PMTS
14.1% more per $
PMTS
4.8%
-9.3%
INSE
More free cash flow
PMTS
PMTS
$45.1M more FCF
PMTS
$35.2M
$-9.9M
INSE
Faster 2-yr revenue CAGR
PMTS
PMTS
Annualised
PMTS
16.9%
11.3%
INSE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
INSE
INSE
PMTS
PMTS
Revenue
$77.2M
$153.1M
Net Profit
$-7.2M
$7.3M
Gross Margin
31.5%
Operating Margin
14.6%
12.0%
Net Margin
-9.3%
4.8%
Revenue YoY
-6.8%
22.3%
Net Profit YoY
-110.7%
8.5%
EPS (diluted)
$-0.24
$0.62

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
INSE
INSE
PMTS
PMTS
Q4 25
$77.2M
$153.1M
Q3 25
$86.2M
$138.0M
Q2 25
$80.3M
$129.8M
Q1 25
$60.4M
$122.8M
Q4 24
$82.8M
$125.1M
Q3 24
$77.2M
$124.8M
Q2 24
$74.8M
$118.8M
Q1 24
$62.3M
$111.9M
Net Profit
INSE
INSE
PMTS
PMTS
Q4 25
$-7.2M
$7.3M
Q3 25
$-1.9M
$2.3M
Q2 25
$-7.8M
$518.0K
Q1 25
$-100.0K
$4.8M
Q4 24
$67.0M
$6.8M
Q3 24
$2.8M
$1.3M
Q2 24
$1.4M
$6.0M
Q1 24
$-6.4M
$5.5M
Gross Margin
INSE
INSE
PMTS
PMTS
Q4 25
31.5%
Q3 25
29.7%
Q2 25
30.9%
Q1 25
33.2%
Q4 24
34.1%
Q3 24
35.8%
Q2 24
35.7%
Q1 24
74.5%
37.1%
Operating Margin
INSE
INSE
PMTS
PMTS
Q4 25
14.6%
12.0%
Q3 25
11.3%
9.4%
Q2 25
9.8%
7.3%
Q1 25
2.6%
11.5%
Q4 24
15.6%
12.7%
Q3 24
14.5%
14.3%
Q2 24
11.6%
12.5%
Q1 24
-3.4%
12.6%
Net Margin
INSE
INSE
PMTS
PMTS
Q4 25
-9.3%
4.8%
Q3 25
-2.2%
1.7%
Q2 25
-9.7%
0.4%
Q1 25
-0.2%
3.9%
Q4 24
80.9%
5.4%
Q3 24
3.6%
1.0%
Q2 24
1.9%
5.1%
Q1 24
-10.3%
4.9%
EPS (diluted)
INSE
INSE
PMTS
PMTS
Q4 25
$-0.24
$0.62
Q3 25
$-0.07
$0.19
Q2 25
$-0.27
$0.04
Q1 25
$0.00
$0.40
Q4 24
$2.29
$0.56
Q3 24
$0.10
$0.11
Q2 24
$0.05
$0.51
Q1 24
$-0.22
$0.46

Balance Sheet & Financial Strength

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

Metric
INSE
INSE
PMTS
PMTS
Cash + ST InvestmentsLiquidity on hand
$21.7M
Total DebtLower is stronger
$363.2M
$286.7M
Stockholders' EquityBook value
$-16.2M
$-17.3M
Total Assets
$439.9M
$403.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INSE
INSE
PMTS
PMTS
Q4 25
$21.7M
Q3 25
$16.0M
Q2 25
$17.1M
Q1 25
$31.5M
Q4 24
$33.5M
Q3 24
$14.7M
Q2 24
$7.5M
Q1 24
$17.1M
Total Debt
INSE
INSE
PMTS
PMTS
Q4 25
$363.2M
$286.7M
Q3 25
$308.4M
Q2 25
$310.9M
Q1 25
$280.7M
Q4 24
$313.2M
$280.4M
Q3 24
$280.2M
Q2 24
$269.7M
Q1 24
$265.3M
Stockholders' Equity
INSE
INSE
PMTS
PMTS
Q4 25
$-16.2M
$-17.3M
Q3 25
$-9.0M
$-25.7M
Q2 25
$-9.5M
$-29.0M
Q1 25
$-2.2M
$-29.7M
Q4 24
$-3.3M
$-35.6M
Q3 24
$-78.2M
$-42.8M
Q2 24
$-77.1M
$-44.6M
Q1 24
$-80.3M
$-48.5M
Total Assets
INSE
INSE
PMTS
PMTS
Q4 25
$439.9M
$403.2M
Q3 25
$485.8M
$407.1M
Q2 25
$486.8M
$399.8M
Q1 25
$458.9M
$351.9M
Q4 24
$438.4M
$349.7M
Q3 24
$388.6M
$342.3M
Q2 24
$326.6M
$321.4M
Q1 24
$331.1M
$319.8M

Cash Flow & Capital Efficiency

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

Metric
INSE
INSE
PMTS
PMTS
Operating Cash FlowLast quarter
$1.2M
$39.6M
Free Cash FlowOCF − Capex
$-9.9M
$35.2M
FCF MarginFCF / Revenue
-12.8%
23.0%
Capex IntensityCapex / Revenue
14.4%
2.9%
Cash ConversionOCF / Net Profit
5.39×
TTM Free Cash FlowTrailing 4 quarters
$16.3M
$41.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INSE
INSE
PMTS
PMTS
Q4 25
$1.2M
$39.6M
Q3 25
$10.1M
$10.0M
Q2 25
$15.2M
$4.3M
Q1 25
$25.5M
$5.6M
Q4 24
$6.9M
$26.7M
Q3 24
$21.2M
$12.5M
Q2 24
$-2.4M
$-4.8M
Q1 24
$6.0M
$8.9M
Free Cash Flow
INSE
INSE
PMTS
PMTS
Q4 25
$-9.9M
$35.2M
Q3 25
$4.3M
$5.3M
Q2 25
$5.6M
$533.0K
Q1 25
$16.3M
$292.0K
Q4 24
$1.6M
$21.6M
Q3 24
$16.8M
$11.1M
Q2 24
$-5.3M
$-6.0M
Q1 24
$1.6M
$7.4M
FCF Margin
INSE
INSE
PMTS
PMTS
Q4 25
-12.8%
23.0%
Q3 25
5.0%
3.8%
Q2 25
7.0%
0.4%
Q1 25
27.0%
0.2%
Q4 24
1.9%
17.3%
Q3 24
21.8%
8.9%
Q2 24
-7.1%
-5.0%
Q1 24
2.6%
6.6%
Capex Intensity
INSE
INSE
PMTS
PMTS
Q4 25
14.4%
2.9%
Q3 25
6.7%
3.4%
Q2 25
12.0%
2.9%
Q1 25
15.2%
4.3%
Q4 24
6.4%
4.0%
Q3 24
5.7%
1.2%
Q2 24
3.9%
1.0%
Q1 24
7.1%
1.3%
Cash Conversion
INSE
INSE
PMTS
PMTS
Q4 25
5.39×
Q3 25
4.32×
Q2 25
8.39×
Q1 25
1.17×
Q4 24
0.10×
3.94×
Q3 24
7.57×
9.70×
Q2 24
-1.71×
-0.79×
Q1 24
1.63×

Financial Flow Comparison

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

Revenue Breakdown by Segment

INSE
INSE

Gaming$36.3M47%
Interactive$17.8M23%
Leisure$13.7M18%
Product Sales$8.8M11%

PMTS
PMTS

US Debit And Credit$128.9M84%
US Prepaid Debit$24.4M16%

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