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Side-by-side financial comparison of 9F Inc. (JFU) and Turning Point Brands, Inc. (TPB). Click either name above to swap in a different company.

Turning Point Brands, Inc. is the larger business by last-quarter revenue ($121.0M vs $81.4M, roughly 1.5× 9F Inc.). Turning Point Brands, Inc. runs the higher net margin — 6.8% vs -105.9%, a 112.7% gap on every dollar of revenue. Turning Point Brands, Inc. produced more free cash flow last quarter ($21.5M vs $2.7M).

9F Inc. is a leading digital financial technology platform based in China, offering consumer finance, wealth management, and insurance brokerage services primarily to retail and small business customers across domestic markets. It leverages big data and artificial intelligence to deliver tailored, accessible financial solutions that meet diverse user needs across multiple fintech segments.

Turning Point Australia (TPAUS) is a conservative lobby group based in Australia, affiliated with Turning Point USA but independent of it. Founded by Joel Jammal and first registered in 2023, the group has become active in trying to influence the outcome of the 2026 South Australian state election in March 2026.

JFU vs TPB — Head-to-Head

Bigger by revenue
TPB
TPB
1.5× larger
TPB
$121.0M
$81.4M
JFU
Higher net margin
TPB
TPB
112.7% more per $
TPB
6.8%
-105.9%
JFU
More free cash flow
TPB
TPB
$18.8M more FCF
TPB
$21.5M
$2.7M
JFU

Income Statement — Q4 FY2022 vs Q4 FY2025

Metric
JFU
JFU
TPB
TPB
Revenue
$81.4M
$121.0M
Net Profit
$-86.2M
$8.2M
Gross Margin
19.3%
55.9%
Operating Margin
-26.8%
16.5%
Net Margin
-105.9%
6.8%
Revenue YoY
29.2%
Net Profit YoY
239.8%
EPS (diluted)
$0.40

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
JFU
JFU
TPB
TPB
Q4 25
$121.0M
Q3 25
$119.0M
Q2 25
$116.6M
Q1 25
$106.4M
Q4 24
$93.7M
Q3 24
$90.7M
Q2 24
$93.2M
Q1 24
$83.1M
Net Profit
JFU
JFU
TPB
TPB
Q4 25
$8.2M
Q3 25
$21.1M
Q2 25
$14.5M
Q1 25
$14.4M
Q4 24
$2.4M
Q3 24
$12.4M
Q2 24
$13.0M
Q1 24
$12.0M
Gross Margin
JFU
JFU
TPB
TPB
Q4 25
55.9%
Q3 25
59.2%
Q2 25
57.1%
Q1 25
56.0%
Q4 24
56.0%
Q3 24
55.6%
Q2 24
54.1%
Q1 24
58.2%
Operating Margin
JFU
JFU
TPB
TPB
Q4 25
16.5%
Q3 25
21.8%
Q2 25
22.6%
Q1 25
21.8%
Q4 24
19.1%
Q3 24
22.9%
Q2 24
24.5%
Q1 24
23.2%
Net Margin
JFU
JFU
TPB
TPB
Q4 25
6.8%
Q3 25
17.7%
Q2 25
12.4%
Q1 25
13.5%
Q4 24
2.6%
Q3 24
13.6%
Q2 24
14.0%
Q1 24
14.5%
EPS (diluted)
JFU
JFU
TPB
TPB
Q4 25
$0.40
Q3 25
$1.13
Q2 25
$0.79
Q1 25
$0.79
Q4 24
$0.15
Q3 24
$0.68
Q2 24
$0.68
Q1 24
$0.63

Balance Sheet & Financial Strength

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

Metric
JFU
JFU
TPB
TPB
Cash + ST InvestmentsLiquidity on hand
$335.8M
$222.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$530.1M
$372.0M
Total Assets
$625.0M
$763.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
JFU
JFU
TPB
TPB
Q4 25
$222.8M
Q3 25
$201.2M
Q2 25
$109.9M
Q1 25
$99.6M
Q4 24
$48.9M
Q3 24
$33.6M
Q2 24
$142.2M
Q1 24
$130.9M
Stockholders' Equity
JFU
JFU
TPB
TPB
Q4 25
$372.0M
Q3 25
$358.2M
Q2 25
$224.8M
Q1 25
$203.4M
Q4 24
$190.4M
Q3 24
$185.7M
Q2 24
$172.8M
Q1 24
$160.0M
Total Assets
JFU
JFU
TPB
TPB
Q4 25
$763.8M
Q3 25
$742.8M
Q2 25
$595.8M
Q1 25
$564.6M
Q4 24
$493.4M
Q3 24
$488.0M
Q2 24
$591.6M
Q1 24
$586.3M

Cash Flow & Capital Efficiency

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

Metric
JFU
JFU
TPB
TPB
Operating Cash FlowLast quarter
$9.2M
$24.9M
Free Cash FlowOCF − Capex
$2.7M
$21.5M
FCF MarginFCF / Revenue
3.3%
17.8%
Capex IntensityCapex / Revenue
8.0%
2.8%
Cash ConversionOCF / Net Profit
3.03×
TTM Free Cash FlowTrailing 4 quarters
$43.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
JFU
JFU
TPB
TPB
Q4 25
$24.9M
Q3 25
$3.3M
Q2 25
$11.8M
Q1 25
$17.4M
Q4 24
$17.7M
Q3 24
$13.2M
Q2 24
$13.4M
Q1 24
$22.6M
Free Cash Flow
JFU
JFU
TPB
TPB
Q4 25
$21.5M
Q3 25
$-721.0K
Q2 25
$7.8M
Q1 25
$15.2M
Q4 24
$16.6M
Q3 24
$12.6M
Q2 24
$10.9M
Q1 24
$22.3M
FCF Margin
JFU
JFU
TPB
TPB
Q4 25
17.8%
Q3 25
-0.6%
Q2 25
6.7%
Q1 25
14.3%
Q4 24
17.8%
Q3 24
13.9%
Q2 24
11.7%
Q1 24
26.8%
Capex Intensity
JFU
JFU
TPB
TPB
Q4 25
2.8%
Q3 25
3.4%
Q2 25
3.4%
Q1 25
2.1%
Q4 24
1.2%
Q3 24
0.7%
Q2 24
2.7%
Q1 24
0.4%
Cash Conversion
JFU
JFU
TPB
TPB
Q4 25
3.03×
Q3 25
0.16×
Q2 25
0.82×
Q1 25
1.21×
Q4 24
7.34×
Q3 24
1.07×
Q2 24
1.03×
Q1 24
1.89×

Financial Flow Comparison

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

Revenue Breakdown by Segment

JFU
JFU

Segment breakdown not available.

TPB
TPB

US$111.5M92%
Non Us$9.6M8%

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