vs
Side-by-side financial comparison of Maase Inc. (MAAS) and MOGU Inc. (MOGU). Click either name above to swap in a different company.
MOGU Inc. is the larger business by last-quarter revenue ($19.5M vs $9.9M, roughly 2.0× Maase Inc.). MOGU Inc. produced more free cash flow last quarter ($-10.7M vs $-18.3M).
Mogu Mogu is a brand of fruit-flavoured drink with pieces of nata de coco, produced by Thailand-based Sappe Public Company Limited and exported to many international markets, especially South Korea, the Philippines, Indonesia and France.
MAAS vs MOGU — Head-to-Head
Income Statement — Q2 FY2023 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $9.9M | $19.5M |
| Net Profit | — | $-8.6M |
| Gross Margin | 78.7% | 0.0% |
| Operating Margin | -55.9% | -71.6% |
| Net Margin | — | -44.3% |
| Revenue YoY | — | -12.4% |
| Net Profit YoY | — | -5.0% |
| EPS (diluted) | — | $0.00 |
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.
| Q1 25 | — | $19.5M | ||
| Q1 24 | — | $22.2M | ||
| Q4 22 | $9.9M | — |
| Q1 25 | — | $-8.6M | ||
| Q1 24 | — | $-8.2M | ||
| Q4 22 | — | — |
| Q1 25 | — | 0.0% | ||
| Q1 24 | — | 0.0% | ||
| Q4 22 | 78.7% | — |
| Q1 25 | — | -71.6% | ||
| Q1 24 | — | -49.4% | ||
| Q4 22 | -55.9% | — |
| Q1 25 | — | -44.3% | ||
| Q1 24 | — | -37.0% | ||
| Q4 22 | — | — |
| Q1 25 | — | $0.00 | ||
| Q1 24 | — | $0.00 | ||
| Q4 22 | — | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $10.9M | $52.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $31.6M | $70.1M |
| Total Assets | $47.0M | $118.3M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 25 | — | $52.3M | ||
| Q1 24 | — | $58.2M | ||
| Q4 22 | $10.9M | — |
| Q1 25 | — | $70.1M | ||
| Q1 24 | — | $81.5M | ||
| Q4 22 | $31.6M | — |
| Q1 25 | — | $118.3M | ||
| Q1 24 | — | $130.0M | ||
| Q4 22 | $47.0M | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-18.2M | $-9.4M |
| Free Cash FlowOCF − Capex | $-18.3M | $-10.7M |
| FCF MarginFCF / Revenue | -184.4% | -55.2% |
| Capex IntensityCapex / Revenue | 1.0% | 7.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 25 | — | $-9.4M | ||
| Q1 24 | — | $-5.6M | ||
| Q4 22 | $-18.2M | — |
| Q1 25 | — | $-10.7M | ||
| Q1 24 | — | $-18.6M | ||
| Q4 22 | $-18.3M | — |
| Q1 25 | — | -55.2% | ||
| Q1 24 | — | -84.0% | ||
| Q4 22 | -184.4% | — |
| Q1 25 | — | 7.1% | ||
| Q1 24 | — | 58.7% | ||
| Q4 22 | 1.0% | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MAAS
| Wealth management | $7.8M | 78% |
| Insurance consulting | $1.0M | 10% |
| Other | $975.0K | 10% |
| Asset management | $168.0K | 2% |
MOGU
Segment breakdown not available.
