vs

Side-by-side financial comparison of Inspired Entertainment, Inc. (INSE) and SHENANDOAH TELECOMMUNICATIONS CO (SHEN). Click either name above to swap in a different company.

SHENANDOAH TELECOMMUNICATIONS CO is the larger business by last-quarter revenue ($91.6M vs $77.2M, roughly 1.2× Inspired Entertainment, Inc.). SHENANDOAH TELECOMMUNICATIONS CO runs the higher net margin — -5.9% vs -9.3%, a 3.5% gap on every dollar of revenue. On growth, SHENANDOAH TELECOMMUNICATIONS CO posted the faster year-over-year revenue change (7.2% vs -6.8%). Inspired Entertainment, Inc. produced more free cash flow last quarter ($-9.9M vs $-78.6M). Over the past eight quarters, SHENANDOAH TELECOMMUNICATIONS CO's revenue compounded faster (15.0% 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.

Shenandoah Telecommunications Co is a U.S. regional telecom provider offering broadband internet, wireless voice/data services, digital cable TV, and fiber-optic solutions. It serves residential, small business and enterprise clients across Mid-Atlantic states, focusing on underserved rural and suburban markets in Virginia, West Virginia, Maryland and Pennsylvania.

INSE vs SHEN — Head-to-Head

Bigger by revenue
SHEN
SHEN
1.2× larger
SHEN
$91.6M
$77.2M
INSE
Growing faster (revenue YoY)
SHEN
SHEN
+14.0% gap
SHEN
7.2%
-6.8%
INSE
Higher net margin
SHEN
SHEN
3.5% more per $
SHEN
-5.9%
-9.3%
INSE
More free cash flow
INSE
INSE
$68.7M more FCF
INSE
$-9.9M
$-78.6M
SHEN
Faster 2-yr revenue CAGR
SHEN
SHEN
Annualised
SHEN
15.0%
11.3%
INSE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
INSE
INSE
SHEN
SHEN
Revenue
$77.2M
$91.6M
Net Profit
$-7.2M
$-5.4M
Gross Margin
Operating Margin
14.6%
-1.0%
Net Margin
-9.3%
-5.9%
Revenue YoY
-6.8%
7.2%
Net Profit YoY
-110.7%
-95.8%
EPS (diluted)
$-0.24
$-0.13

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
SHEN
SHEN
Q4 25
$77.2M
$91.6M
Q3 25
$86.2M
$89.8M
Q2 25
$80.3M
$88.6M
Q1 25
$60.4M
$87.9M
Q4 24
$82.8M
$85.4M
Q3 24
$77.2M
$87.6M
Q2 24
$74.8M
$85.8M
Q1 24
$62.3M
$69.2M
Net Profit
INSE
INSE
SHEN
SHEN
Q4 25
$-7.2M
$-5.4M
Q3 25
$-1.9M
$-9.4M
Q2 25
$-7.8M
$-9.0M
Q1 25
$-100.0K
$-9.1M
Q4 24
$67.0M
$-2.7M
Q3 24
$2.8M
$-5.3M
Q2 24
$1.4M
$-12.9M
Q1 24
$-6.4M
$214.7M
Gross Margin
INSE
INSE
SHEN
SHEN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
74.5%
Operating Margin
INSE
INSE
SHEN
SHEN
Q4 25
14.6%
-1.0%
Q3 25
11.3%
-8.0%
Q2 25
9.8%
-10.3%
Q1 25
2.6%
-6.9%
Q4 24
15.6%
-6.7%
Q3 24
14.5%
-4.8%
Q2 24
11.6%
-18.5%
Q1 24
-3.4%
-4.0%
Net Margin
INSE
INSE
SHEN
SHEN
Q4 25
-9.3%
-5.9%
Q3 25
-2.2%
-10.5%
Q2 25
-9.7%
-10.2%
Q1 25
-0.2%
-10.4%
Q4 24
80.9%
-3.2%
Q3 24
3.6%
-6.0%
Q2 24
1.9%
-15.0%
Q1 24
-10.3%
310.0%
EPS (diluted)
INSE
INSE
SHEN
SHEN
Q4 25
$-0.24
$-0.13
Q3 25
$-0.07
$-0.20
Q2 25
$-0.27
$-0.19
Q1 25
$0.00
$-0.19
Q4 24
$2.29
$-0.34
Q3 24
$0.10
$-0.13
Q2 24
$0.05
$-0.24
Q1 24
$-0.22
$4.25

Balance Sheet & Financial Strength

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

Metric
INSE
INSE
SHEN
SHEN
Cash + ST InvestmentsLiquidity on hand
$27.3M
Total DebtLower is stronger
$363.2M
$642.4M
Stockholders' EquityBook value
$-16.2M
$880.8M
Total Assets
$439.9M
$1.9B
Debt / EquityLower = less leverage
0.73×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
INSE
INSE
SHEN
SHEN
Q4 25
$27.3M
Q3 25
$22.6M
Q2 25
$29.1M
Q1 25
$87.5M
Q4 24
$46.3M
Q3 24
$43.1M
Q2 24
$43.8M
Q1 24
$389.7M
Total Debt
INSE
INSE
SHEN
SHEN
Q4 25
$363.2M
$642.4M
Q3 25
$535.4M
Q2 25
$513.1M
Q1 25
$515.8M
Q4 24
$313.2M
$418.0M
Q3 24
$345.2M
Q2 24
$297.4M
Q1 24
$298.7M
Stockholders' Equity
INSE
INSE
SHEN
SHEN
Q4 25
$-16.2M
$880.8M
Q3 25
$-9.0M
$892.7M
Q2 25
$-9.5M
$902.0M
Q1 25
$-2.2M
$910.5M
Q4 24
$-3.3M
$918.6M
Q3 24
$-78.2M
$925.4M
Q2 24
$-77.1M
$933.1M
Q1 24
$-80.3M
$871.6M
Total Assets
INSE
INSE
SHEN
SHEN
Q4 25
$439.9M
$1.9B
Q3 25
$485.8M
$1.9B
Q2 25
$486.8M
$1.8B
Q1 25
$458.9M
$1.8B
Q4 24
$438.4M
$1.7B
Q3 24
$388.6M
$1.7B
Q2 24
$326.6M
$1.7B
Q1 24
$331.1M
$1.4B
Debt / Equity
INSE
INSE
SHEN
SHEN
Q4 25
0.73×
Q3 25
0.60×
Q2 25
0.57×
Q1 25
0.57×
Q4 24
0.46×
Q3 24
0.37×
Q2 24
0.32×
Q1 24
0.34×

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
SHEN
SHEN
Operating Cash FlowLast quarter
$1.2M
$28.8M
Free Cash FlowOCF − Capex
$-9.9M
$-78.6M
FCF MarginFCF / Revenue
-12.8%
-85.8%
Capex IntensityCapex / Revenue
14.4%
117.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$16.3M
$-257.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
INSE
INSE
SHEN
SHEN
Q4 25
$1.2M
$28.8M
Q3 25
$10.1M
$30.7M
Q2 25
$15.2M
$20.9M
Q1 25
$25.5M
$20.5M
Q4 24
$6.9M
$20.6M
Q3 24
$21.2M
$24.3M
Q2 24
$-2.4M
$2.5M
Q1 24
$6.0M
$15.2M
Free Cash Flow
INSE
INSE
SHEN
SHEN
Q4 25
$-9.9M
$-78.6M
Q3 25
$4.3M
$-51.4M
Q2 25
$5.6M
$-65.3M
Q1 25
$16.3M
$-62.7M
Q4 24
$1.6M
$-72.0M
Q3 24
$16.8M
$-51.3M
Q2 24
$-5.3M
$-78.3M
Q1 24
$1.6M
$-54.9M
FCF Margin
INSE
INSE
SHEN
SHEN
Q4 25
-12.8%
-85.8%
Q3 25
5.0%
-57.2%
Q2 25
7.0%
-73.7%
Q1 25
27.0%
-71.3%
Q4 24
1.9%
-84.3%
Q3 24
21.8%
-58.5%
Q2 24
-7.1%
-91.3%
Q1 24
2.6%
-79.3%
Capex Intensity
INSE
INSE
SHEN
SHEN
Q4 25
14.4%
117.2%
Q3 25
6.7%
91.4%
Q2 25
12.0%
97.3%
Q1 25
15.2%
94.7%
Q4 24
6.4%
108.4%
Q3 24
5.7%
86.2%
Q2 24
3.9%
94.2%
Q1 24
7.1%
101.2%
Cash Conversion
INSE
INSE
SHEN
SHEN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.10×
Q3 24
7.57×
Q2 24
-1.71×
Q1 24
0.07×

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%

SHEN
SHEN

Residential And SMB Incumbent Broadband$41.5M45%
Residential And SMB Glo Fiber Expansion Markets$23.0M25%
Commercial Fiber$20.3M22%
RLEC Other$6.8M7%

Related Comparisons