vs

Side-by-side financial comparison of Lifeway Foods, Inc. (LWAY) and SOUTHERN FIRST BANCSHARES INC (SFST). Click either name above to swap in a different company.

Lifeway Foods, Inc. is the larger business by last-quarter revenue ($55.4M vs $31.8M, roughly 1.7× SOUTHERN FIRST BANCSHARES INC). On growth, SOUTHERN FIRST BANCSHARES INC posted the faster year-over-year revenue change (26.1% vs 18.0%). SOUTHERN FIRST BANCSHARES INC produced more free cash flow last quarter ($29.9M vs $-17.4M). Over the past eight quarters, SOUTHERN FIRST BANCSHARES INC's revenue compounded faster (22.2% CAGR vs 11.4%).

Lifeway Foods is an Illinois-based health food company founded in 1986. They are a leading U.S. supplier of kefir and fermented probiotic products to support the microbiome.

First Community Bankshares, Inc. is a $2.43 billion bank holding company and the parent company of First Community Bank of Bluefield, Virginia, in the United States. As of 2012 First Community Bank had 45 locations in Virginia, West Virginia, and North Carolina, and two locations operating as Peoples Community Bank in Tennessee. As of April 21, 2023, First Community had $3.6 billion in assets.

LWAY vs SFST — Head-to-Head

Bigger by revenue
LWAY
LWAY
1.7× larger
LWAY
$55.4M
$31.8M
SFST
Growing faster (revenue YoY)
SFST
SFST
+8.2% gap
SFST
26.1%
18.0%
LWAY
More free cash flow
SFST
SFST
$47.3M more FCF
SFST
$29.9M
$-17.4M
LWAY
Faster 2-yr revenue CAGR
SFST
SFST
Annualised
SFST
22.2%
11.4%
LWAY

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LWAY
LWAY
SFST
SFST
Revenue
$55.4M
$31.8M
Net Profit
$2.5M
Gross Margin
27.8%
Operating Margin
6.8%
40.1%
Net Margin
4.6%
Revenue YoY
18.0%
26.1%
Net Profit YoY
1688.1%
EPS (diluted)
$0.15
$1.19

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
LWAY
LWAY
SFST
SFST
Q4 25
$55.4M
$31.8M
Q3 25
$57.1M
$31.1M
Q2 25
$53.9M
$28.6M
Q1 25
$46.1M
$26.5M
Q4 24
$46.9M
$25.2M
Q3 24
$46.1M
$23.8M
Q2 24
$49.2M
$23.1M
Q1 24
$44.6M
$21.3M
Net Profit
LWAY
LWAY
SFST
SFST
Q4 25
$2.5M
Q3 25
$3.5M
$8.7M
Q2 25
$4.2M
$6.6M
Q1 25
$3.5M
$5.3M
Q4 24
$-160.0K
Q3 24
$3.0M
$4.4M
Q2 24
$3.8M
$3.0M
Q1 24
$2.4M
$2.5M
Gross Margin
LWAY
LWAY
SFST
SFST
Q4 25
27.8%
Q3 25
28.7%
Q2 25
28.6%
Q1 25
23.9%
Q4 24
25.3%
Q3 24
25.7%
Q2 24
27.0%
Q1 24
25.8%
Operating Margin
LWAY
LWAY
SFST
SFST
Q4 25
6.8%
40.1%
Q3 25
8.8%
36.4%
Q2 25
10.8%
30.0%
Q1 25
3.4%
26.1%
Q4 24
1.5%
27.3%
Q3 24
9.1%
24.1%
Q2 24
11.0%
17.0%
Q1 24
8.0%
15.9%
Net Margin
LWAY
LWAY
SFST
SFST
Q4 25
4.6%
Q3 25
6.2%
27.8%
Q2 25
7.9%
23.0%
Q1 25
7.7%
19.9%
Q4 24
-0.3%
Q3 24
6.5%
18.4%
Q2 24
7.7%
13.0%
Q1 24
5.4%
11.8%
EPS (diluted)
LWAY
LWAY
SFST
SFST
Q4 25
$0.15
$1.19
Q3 25
$0.23
$1.07
Q2 25
$0.28
$0.81
Q1 25
$0.23
$0.65
Q4 24
$0.00
$0.69
Q3 24
$0.19
$0.54
Q2 24
$0.25
$0.37
Q1 24
$0.16
$0.31

Balance Sheet & Financial Strength

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

Metric
LWAY
LWAY
SFST
SFST
Cash + ST InvestmentsLiquidity on hand
$5.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$85.8M
$368.7M
Total Assets
$105.6M
$4.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LWAY
LWAY
SFST
SFST
Q4 25
$5.6M
Q3 25
$23.0M
Q2 25
$21.2M
Q1 25
$19.4M
Q4 24
$16.7M
Q3 24
$20.6M
Q2 24
$14.6M
Q1 24
$12.0M
Total Debt
LWAY
LWAY
SFST
SFST
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
$2.5M
Stockholders' Equity
LWAY
LWAY
SFST
SFST
Q4 25
$85.8M
$368.7M
Q3 25
$82.8M
$356.3M
Q2 25
$78.7M
$345.5M
Q1 25
$74.2M
$337.6M
Q4 24
$71.9M
$330.4M
Q3 24
$71.5M
$326.5M
Q2 24
$68.0M
$318.7M
Q1 24
$63.5M
$315.3M
Total Assets
LWAY
LWAY
SFST
SFST
Q4 25
$105.6M
$4.4B
Q3 25
$109.5M
$4.4B
Q2 25
$98.3M
$4.3B
Q1 25
$93.7M
$4.3B
Q4 24
$90.5M
$4.1B
Q3 24
$91.3M
$4.2B
Q2 24
$84.9M
$4.1B
Q1 24
$82.8M
$4.1B
Debt / Equity
LWAY
LWAY
SFST
SFST
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
0.04×

Cash Flow & Capital Efficiency

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

Metric
LWAY
LWAY
SFST
SFST
Operating Cash FlowLast quarter
$267.0K
$30.5M
Free Cash FlowOCF − Capex
$-17.4M
$29.9M
FCF MarginFCF / Revenue
-31.5%
93.8%
Capex IntensityCapex / Revenue
31.9%
1.8%
Cash ConversionOCF / Net Profit
0.11×
TTM Free Cash FlowTrailing 4 quarters
$-16.4M
$62.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LWAY
LWAY
SFST
SFST
Q4 25
$267.0K
$30.5M
Q3 25
$6.9M
$14.5M
Q2 25
$3.9M
$10.5M
Q1 25
$-150.0K
$7.6M
Q4 24
$-2.6M
$25.6M
Q3 24
$7.5M
$26.3M
Q2 24
$6.5M
$4.0M
Q1 24
$1.5M
$-2.9M
Free Cash Flow
LWAY
LWAY
SFST
SFST
Q4 25
$-17.4M
$29.9M
Q3 25
$1.8M
$14.4M
Q2 25
$1.6M
$10.4M
Q1 25
$-2.4M
$7.4M
Q4 24
$-3.8M
$24.8M
Q3 24
$5.9M
$26.1M
Q2 24
$5.1M
$3.9M
Q1 24
$-923.0K
$-3.2M
FCF Margin
LWAY
LWAY
SFST
SFST
Q4 25
-31.5%
93.8%
Q3 25
3.1%
46.3%
Q2 25
3.0%
36.3%
Q1 25
-5.1%
28.1%
Q4 24
-8.2%
98.2%
Q3 24
12.8%
110.0%
Q2 24
10.4%
16.8%
Q1 24
-2.1%
-15.0%
Capex Intensity
LWAY
LWAY
SFST
SFST
Q4 25
31.9%
1.8%
Q3 25
9.0%
0.3%
Q2 25
4.3%
0.3%
Q1 25
4.8%
0.5%
Q4 24
2.7%
3.1%
Q3 24
3.3%
0.8%
Q2 24
2.9%
0.4%
Q1 24
5.5%
1.3%
Cash Conversion
LWAY
LWAY
SFST
SFST
Q4 25
0.11×
Q3 25
1.96×
1.67×
Q2 25
0.92×
1.59×
Q1 25
-0.04×
1.44×
Q4 24
Q3 24
2.50×
6.01×
Q2 24
1.73×
1.32×
Q1 24
0.64×
-1.16×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LWAY
LWAY

Drinkable Kefirotherthan Pro Bugs$47.8M86%
Cheese$4.7M8%
Cream And Other$1.7M3%
Other$1.2M2%

SFST
SFST

Segment breakdown not available.

Related Comparisons