vs

Side-by-side financial comparison of Mama's Creations, Inc. (MAMA) and TOP SHIPS INC. (TOPS). Click either name above to swap in a different company.

Mama's Creations, Inc. is the larger business by last-quarter revenue ($47.3M vs $36.6M, roughly 1.3× TOP SHIPS INC.). Mama's Creations, Inc. runs the higher net margin — 1.1% vs -12.2%, a 13.4% gap on every dollar of revenue.

Mama's Creations, Inc. is a U.S.-based food manufacturing enterprise that produces a wide portfolio of refrigerated ready-to-eat and heat-and-serve food products, including Italian-style meatballs, sausages, pasta dishes, and other prepared meals. It mainly distributes its offerings to grocery retailers, mass merchandisers and foodservice partners across the United States, focusing on convenient, high-quality comfort food for daily consumer demand.

Top Ships Inc. is a supply chain maritime transportation operations management company responsible for seaborne trade of raw materials. The company was founded by Evangelos J. Pistiolis on January 10, 2000 and is headquartered in Maroussi, Greece.

MAMA vs TOPS — Head-to-Head

Bigger by revenue
MAMA
MAMA
1.3× larger
MAMA
$47.3M
$36.6M
TOPS
Higher net margin
MAMA
MAMA
13.4% more per $
MAMA
1.1%
-12.2%
TOPS

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
MAMA
MAMA
TOPS
TOPS
Revenue
$47.3M
$36.6M
Net Profit
$540.0K
$-4.5M
Gross Margin
23.6%
Operating Margin
1.7%
22.0%
Net Margin
1.1%
-12.2%
Revenue YoY
50.0%
Net Profit YoY
31.7%
EPS (diluted)
$0.01
$-0.96

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
MAMA
MAMA
TOPS
TOPS
Q4 25
$47.3M
$36.6M
Q3 25
$35.2M
Q2 25
$35.3M
Q1 25
$33.6M
Q4 24
$31.5M
Q3 24
$28.4M
Q2 24
$29.8M
Q1 24
$26.7M
Net Profit
MAMA
MAMA
TOPS
TOPS
Q4 25
$540.0K
$-4.5M
Q3 25
$1.3M
Q2 25
$1.2M
Q1 25
$1.6M
Q4 24
$410.0K
Q3 24
$1.1M
Q2 24
$553.0K
Q1 24
$1.4M
Gross Margin
MAMA
MAMA
TOPS
TOPS
Q4 25
23.6%
Q3 25
24.9%
Q2 25
26.1%
Q1 25
27.0%
Q4 24
22.6%
Q3 24
24.2%
Q2 24
25.0%
Q1 24
29.3%
Operating Margin
MAMA
MAMA
TOPS
TOPS
Q4 25
1.7%
22.0%
Q3 25
4.8%
Q2 25
4.5%
Q1 25
5.7%
Q4 24
1.8%
Q3 24
5.7%
Q2 24
2.6%
Q1 24
7.4%
Net Margin
MAMA
MAMA
TOPS
TOPS
Q4 25
1.1%
-12.2%
Q3 25
3.6%
Q2 25
3.5%
Q1 25
4.8%
Q4 24
1.3%
Q3 24
4.0%
Q2 24
1.9%
Q1 24
5.3%
EPS (diluted)
MAMA
MAMA
TOPS
TOPS
Q4 25
$0.01
$-0.96
Q3 25
$0.03
Q2 25
$0.03
Q1 25
$0.04
Q4 24
$0.01
Q3 24
$0.03
Q2 24
$0.01
Q1 24
$0.03

Balance Sheet & Financial Strength

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

Metric
MAMA
MAMA
TOPS
TOPS
Cash + ST InvestmentsLiquidity on hand
$18.1M
$20.4M
Total DebtLower is stronger
$216.6M
Stockholders' EquityBook value
$49.6M
$89.2M
Total Assets
$84.0M
$333.6M
Debt / EquityLower = less leverage
2.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAMA
MAMA
TOPS
TOPS
Q4 25
$18.1M
$20.4M
Q3 25
$9.4M
Q2 25
$12.0M
Q1 25
$7.2M
Q4 24
$9.3M
Q3 24
$7.4M
Q2 24
$13.0M
Q1 24
$11.0M
Total Debt
MAMA
MAMA
TOPS
TOPS
Q4 25
$216.6M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
MAMA
MAMA
TOPS
TOPS
Q4 25
$49.6M
$89.2M
Q3 25
$29.6M
Q2 25
$26.4M
Q1 25
$24.9M
Q4 24
$23.0M
Q3 24
$22.3M
Q2 24
$20.3M
Q1 24
$19.6M
Total Assets
MAMA
MAMA
TOPS
TOPS
Q4 25
$84.0M
$333.6M
Q3 25
$51.2M
Q2 25
$52.7M
Q1 25
$47.1M
Q4 24
$47.9M
Q3 24
$43.0M
Q2 24
$47.2M
Q1 24
$45.1M
Debt / Equity
MAMA
MAMA
TOPS
TOPS
Q4 25
2.43×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
MAMA
MAMA
TOPS
TOPS
Operating Cash FlowLast quarter
$3.9M
$26.4M
Free Cash FlowOCF − Capex
$3.7M
FCF MarginFCF / Revenue
7.8%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
7.16×
TTM Free Cash FlowTrailing 4 quarters
$6.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAMA
MAMA
TOPS
TOPS
Q4 25
$3.9M
$26.4M
Q3 25
$-1.7M
Q2 25
$6.0M
Q1 25
$-857.0K
Q4 24
$4.8M
Q3 24
$-2.4M
Q2 24
$3.6M
Q1 24
$6.7M
Free Cash Flow
MAMA
MAMA
TOPS
TOPS
Q4 25
$3.7M
Q3 25
$-2.2M
Q2 25
$5.5M
Q1 25
$-930.0K
Q4 24
$2.5M
Q3 24
$-4.0M
Q2 24
$2.5M
Q1 24
$6.6M
FCF Margin
MAMA
MAMA
TOPS
TOPS
Q4 25
7.8%
Q3 25
-6.2%
Q2 25
15.5%
Q1 25
-2.8%
Q4 24
8.0%
Q3 24
-14.1%
Q2 24
8.4%
Q1 24
24.8%
Capex Intensity
MAMA
MAMA
TOPS
TOPS
Q4 25
0.4%
Q3 25
1.5%
Q2 25
1.5%
Q1 25
0.2%
Q4 24
7.2%
Q3 24
5.6%
Q2 24
3.8%
Q1 24
0.4%
Cash Conversion
MAMA
MAMA
TOPS
TOPS
Q4 25
7.16×
Q3 25
-1.31×
Q2 25
4.85×
Q1 25
-0.54×
Q4 24
11.71×
Q3 24
-2.10×
Q2 24
6.58×
Q1 24
4.79×

Financial Flow Comparison

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

Related Comparisons