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Side-by-side financial comparison of Opus Genetics, Inc. (IRD) and Marygold Companies, Inc. (MGLD). Click either name above to swap in a different company.

Marygold Companies, Inc. is the larger business by last-quarter revenue ($7.6M vs $3.9M, roughly 2.0× Opus Genetics, Inc.). On growth, Marygold Companies, Inc. posted the faster year-over-year revenue change (-4.5% vs -10.2%). Over the past eight quarters, Opus Genetics, Inc.'s revenue compounded faster (50.3% CAGR vs -1.5%).

Opus Genetics, Inc. is a clinical-stage biotechnology company specializing in the development of targeted gene therapies for inherited retinal diseases. It focuses on addressing unmet medical needs for patients living with rare, vision-threatening ocular conditions, with operations centered on advancing accessible therapeutic candidates for global rare disease patient populations.

Marygold Companies, Inc. is a U.S.-headquartered diversified holding company that operates across three core segments: financial services, specialty manufacturing, and consumer goods. It primarily caters to North American markets, driving long-term value growth via strategic investment in, and operational optimization of, its portfolio of subsidiary entities.

IRD vs MGLD — Head-to-Head

Bigger by revenue
MGLD
MGLD
2.0× larger
MGLD
$7.6M
$3.9M
IRD
Growing faster (revenue YoY)
MGLD
MGLD
+5.6% gap
MGLD
-4.5%
-10.2%
IRD
Faster 2-yr revenue CAGR
IRD
IRD
Annualised
IRD
50.3%
-1.5%
MGLD

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
IRD
IRD
MGLD
MGLD
Revenue
$3.9M
$7.6M
Net Profit
$-576.0K
Gross Margin
74.0%
Operating Margin
-8.3%
Net Margin
-7.5%
Revenue YoY
-10.2%
-4.5%
Net Profit YoY
53.0%
67.0%
EPS (diluted)
$-0.01

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
IRD
IRD
MGLD
MGLD
Q4 25
$3.9M
$7.6M
Q3 25
$3.1M
$7.0M
Q2 25
$2.9M
$7.2M
Q1 25
$4.4M
$7.0M
Q4 24
$4.3M
$8.0M
Q3 24
$3.9M
$7.9M
Q2 24
$1.1M
$8.3M
Q1 24
$1.7M
$7.9M
Net Profit
IRD
IRD
MGLD
MGLD
Q4 25
$-576.0K
Q3 25
$-17.5M
$-356.0K
Q2 25
$-7.4M
$-1.5M
Q1 25
$-8.2M
$-1.0M
Q4 24
$-1.7M
Q3 24
$-7.5M
$-1.6M
Q2 24
$-7.8M
$-1.9M
Q1 24
$-7.1M
$-529.0K
Gross Margin
IRD
IRD
MGLD
MGLD
Q4 25
74.0%
Q3 25
77.0%
Q2 25
67.8%
Q1 25
75.0%
Q4 24
74.1%
Q3 24
73.1%
Q2 24
72.5%
Q1 24
70.5%
Operating Margin
IRD
IRD
MGLD
MGLD
Q4 25
-8.3%
Q3 25
-269.9%
-18.2%
Q2 25
-309.0%
-16.5%
Q1 25
-227.2%
-21.4%
Q4 24
-22.8%
Q3 24
-207.1%
-27.4%
Q2 24
-748.9%
-33.3%
Q1 24
-450.5%
-18.7%
Net Margin
IRD
IRD
MGLD
MGLD
Q4 25
-7.5%
Q3 25
-566.9%
-5.1%
Q2 25
-257.5%
-20.4%
Q1 25
-187.5%
-14.4%
Q4 24
-21.8%
Q3 24
-194.6%
-20.1%
Q2 24
-698.3%
-22.5%
Q1 24
-415.3%
-6.7%
EPS (diluted)
IRD
IRD
MGLD
MGLD
Q4 25
$-0.01
Q3 25
$-0.25
$-0.01
Q2 25
$-0.12
$-0.04
Q1 25
$-0.24
$-0.02
Q4 24
$-0.04
Q3 24
$-0.29
$-0.04
Q2 24
$-0.30
$-0.05
Q1 24
$-0.29
$-0.01

Balance Sheet & Financial Strength

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

Metric
IRD
IRD
MGLD
MGLD
Cash + ST InvestmentsLiquidity on hand
$45.1M
$11.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$15.3M
$22.7M
Total Assets
$50.2M
$27.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IRD
IRD
MGLD
MGLD
Q4 25
$45.1M
$11.6M
Q3 25
$30.8M
$12.5M
Q2 25
$32.4M
$12.8M
Q1 25
$41.8M
$15.6M
Q4 24
$30.3M
$14.9M
Q3 24
$36.6M
$17.5M
Q2 24
$41.4M
$15.0M
Q1 24
$47.2M
$16.1M
Stockholders' Equity
IRD
IRD
MGLD
MGLD
Q4 25
$15.3M
$22.7M
Q3 25
$6.0M
$22.9M
Q2 25
$17.5M
$23.0M
Q1 25
$5.1M
$24.3M
Q4 24
$6.7M
$23.4M
Q3 24
$34.3M
$25.5M
Q2 24
$40.6M
$26.6M
Q1 24
$46.1M
$28.4M
Total Assets
IRD
IRD
MGLD
MGLD
Q4 25
$50.2M
$27.8M
Q3 25
$36.1M
$28.4M
Q2 25
$38.7M
$30.4M
Q1 25
$48.2M
$33.5M
Q4 24
$36.9M
$33.0M
Q3 24
$40.4M
$35.9M
Q2 24
$44.8M
$32.9M
Q1 24
$51.8M
$33.7M

Cash Flow & Capital Efficiency

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

Metric
IRD
IRD
MGLD
MGLD
Operating Cash FlowLast quarter
$-35.3M
$-908.0K
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IRD
IRD
MGLD
MGLD
Q4 25
$-35.3M
$-908.0K
Q3 25
$-6.2M
$-533.0K
Q2 25
$-10.3M
$-3.3M
Q1 25
$-9.0M
$-1.2M
Q4 24
$-25.6M
$-770.0K
Q3 24
$-5.1M
$-893.0K
Q2 24
$-7.3M
$-1.9M
Q1 24
$-5.7M
$-658.0K
Free Cash Flow
IRD
IRD
MGLD
MGLD
Q4 25
Q3 25
$-562.0K
Q2 25
$-3.4M
Q1 25
Q4 24
$-776.0K
Q3 24
$-940.0K
Q2 24
$-2.0M
Q1 24
FCF Margin
IRD
IRD
MGLD
MGLD
Q4 25
Q3 25
-8.1%
Q2 25
-46.8%
Q1 25
Q4 24
-9.7%
Q3 24
-11.9%
Q2 24
-23.8%
Q1 24
Capex Intensity
IRD
IRD
MGLD
MGLD
Q4 25
0.0%
Q3 25
0.4%
Q2 25
0.7%
Q1 25
0.0%
Q4 24
0.1%
Q3 24
0.6%
Q2 24
0.7%
Q1 24
0.0%

Financial Flow Comparison

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

Revenue Breakdown by Segment

IRD
IRD

Segment breakdown not available.

MGLD
MGLD

Fund Management Related Party$4.6M60%
Food Products$1.7M22%
Beauty Products$1.2M15%
Other$268.0K4%

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