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Side-by-side financial comparison of LENDWAY, INC. (LDWY) and Limoneira CO (LMNR). Click either name above to swap in a different company.

Limoneira CO is the larger business by last-quarter revenue ($41.3M vs $6.7M, roughly 6.1× LENDWAY, INC.). Limoneira CO runs the higher net margin — -21.0% vs -33.8%, a 12.7% gap on every dollar of revenue. On growth, Limoneira CO posted the faster year-over-year revenue change (-2.8% vs -59.8%).

Limoneira Company is a leading agribusiness headquartered in California, the U.S. It primarily cultivates, processes and distributes premium citrus fruits, avocados and other specialty agricultural products. It operates across North American, Asian and European markets, serving retail and food service clients, alongside a sustainable land real estate development segment.

LDWY vs LMNR — Head-to-Head

Bigger by revenue
LMNR
LMNR
6.1× larger
LMNR
$41.3M
$6.7M
LDWY
Growing faster (revenue YoY)
LMNR
LMNR
+57.1% gap
LMNR
-2.8%
-59.8%
LDWY
Higher net margin
LMNR
LMNR
12.7% more per $
LMNR
-21.0%
-33.8%
LDWY

Income Statement — Q4 2025 vs Q4 2025

Metric
LDWY
LDWY
LMNR
LMNR
Revenue
$6.7M
$41.3M
Net Profit
$-2.3M
$-8.7M
Gross Margin
7.2%
-15.1%
Operating Margin
-34.0%
-26.8%
Net Margin
-33.8%
-21.0%
Revenue YoY
-59.8%
-2.8%
Net Profit YoY
-326.2%
-367.5%
EPS (diluted)
$-1.29
$-0.49

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
LDWY
LDWY
LMNR
LMNR
Q4 25
$6.7M
$41.3M
Q3 25
$5.2M
$45.9M
Q2 25
$33.6M
Q1 25
$12.4M
$32.9M
Q4 24
$42.5M
Q3 24
$6.6M
$61.8M
Q2 24
$16.8M
$43.3M
Q1 24
$8.0M
$38.3M
Net Profit
LDWY
LDWY
LMNR
LMNR
Q4 25
$-2.3M
$-8.7M
Q3 25
$-2.9M
$-855.0K
Q2 25
$-3.4M
Q1 25
$449.0K
$-3.1M
Q4 24
$-1.9M
Q3 24
$-1.1M
$6.6M
Q2 24
$-534.0K
$6.6M
Q1 24
$-1.2M
$-3.6M
Gross Margin
LDWY
LDWY
LMNR
LMNR
Q4 25
7.2%
-15.1%
Q3 25
-1.2%
8.5%
Q2 25
5.6%
Q1 25
31.3%
-2.0%
Q4 24
6.3%
Q3 24
21.7%
26.5%
Q2 24
23.7%
6.5%
Q1 24
21.7%
-2.0%
Operating Margin
LDWY
LDWY
LMNR
LMNR
Q4 25
-34.0%
-26.8%
Q3 25
-59.1%
-1.4%
Q2 25
-10.0%
Q1 25
11.5%
-16.3%
Q4 24
-6.5%
Q3 24
-20.4%
14.5%
Q2 24
-0.7%
-10.8%
Q1 24
-20.5%
-20.2%
Net Margin
LDWY
LDWY
LMNR
LMNR
Q4 25
-33.8%
-21.0%
Q3 25
-55.4%
-1.9%
Q2 25
-10.0%
Q1 25
3.6%
-9.4%
Q4 24
-4.4%
Q3 24
-17.0%
10.7%
Q2 24
-3.2%
15.2%
Q1 24
-14.5%
-9.4%
EPS (diluted)
LDWY
LDWY
LMNR
LMNR
Q4 25
$-1.29
$-0.49
Q3 25
$-1.61
$-0.06
Q2 25
$-0.20
Q1 25
$0.25
$-0.18
Q4 24
$-0.09
Q3 24
$-0.64
$0.35
Q2 24
$-0.42
$0.35
Q1 24
$-0.67
$-0.21

Balance Sheet & Financial Strength

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

Metric
LDWY
LDWY
LMNR
LMNR
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$40.4M
$72.5M
Stockholders' EquityBook value
$7.1M
$180.0M
Total Assets
$105.6M
$311.1M
Debt / EquityLower = less leverage
5.68×
0.40×

8-quarter trend — quarters aligned by calendar period.

Total Debt
LDWY
LDWY
LMNR
LMNR
Q4 25
$40.4M
$72.5M
Q3 25
$39.0M
$63.4M
Q2 25
$55.0M
Q1 25
$37.1M
$58.0M
Q4 24
$40.6M
Q3 24
$34.6M
$40.6M
Q2 24
$29.6M
$60.1M
Q1 24
$34.6M
$52.1M
Stockholders' Equity
LDWY
LDWY
LMNR
LMNR
Q4 25
$7.1M
$180.0M
Q3 25
$9.3M
$180.3M
Q2 25
$182.7M
Q1 25
$10.3M
$186.5M
Q4 24
$191.7M
Q3 24
$12.8M
$194.9M
Q2 24
$13.8M
$189.0M
Q1 24
$14.5M
$184.2M
Total Assets
LDWY
LDWY
LMNR
LMNR
Q4 25
$105.6M
$311.1M
Q3 25
$105.0M
$299.9M
Q2 25
$296.6M
Q1 25
$100.5M
$301.4M
Q4 24
$298.8M
Q3 24
$102.5M
$307.3M
Q2 24
$95.9M
$322.2M
Q1 24
$106.8M
$299.6M
Debt / Equity
LDWY
LDWY
LMNR
LMNR
Q4 25
5.68×
0.40×
Q3 25
4.19×
0.35×
Q2 25
0.30×
Q1 25
3.59×
0.31×
Q4 24
0.21×
Q3 24
2.70×
0.21×
Q2 24
2.15×
0.32×
Q1 24
2.39×
0.28×

Cash Flow & Capital Efficiency

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

Metric
LDWY
LDWY
LMNR
LMNR
Operating Cash FlowLast quarter
$942.0K
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LDWY
LDWY
LMNR
LMNR
Q4 25
$942.0K
Q3 25
$-9.9M
$-3.0M
Q2 25
$8.9M
Q1 25
$1.7M
$-12.9M
Q4 24
$6.6M
Q3 24
$-7.6M
$24.6M
Q2 24
$3.5M
$-3.0M
Q1 24
$1.5M
$-10.3M
Free Cash Flow
LDWY
LDWY
LMNR
LMNR
Q4 25
Q3 25
$-10.0M
Q2 25
Q1 25
$1.7M
Q4 24
Q3 24
$-7.6M
Q2 24
$3.2M
Q1 24
$1.2M
FCF Margin
LDWY
LDWY
LMNR
LMNR
Q4 25
Q3 25
-193.5%
Q2 25
Q1 25
13.4%
Q4 24
Q3 24
-114.7%
Q2 24
19.3%
Q1 24
15.4%
Capex Intensity
LDWY
LDWY
LMNR
LMNR
Q4 25
Q3 25
0.9%
Q2 25
Q1 25
0.5%
Q4 24
Q3 24
0.7%
Q2 24
1.6%
Q1 24
2.9%
Cash Conversion
LDWY
LDWY
LMNR
LMNR
Q4 25
Q3 25
Q2 25
Q1 25
3.87×
Q4 24
Q3 24
3.73×
Q2 24
-0.46×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

LDWY
LDWY

Supermarket Customers$5.7M85%
Wholesaler Customers$1.0M15%

LMNR
LMNR

Lemon Packing$33.9M82%
Other Agribusiness$5.8M14%
Fresh Lemons$1.3M3%

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