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Side-by-side financial comparison of MATTHEWS INTERNATIONAL CORP (MATW) and PicoCELA Inc. (PCLA). Click either name above to swap in a different company.
MATTHEWS INTERNATIONAL CORP is the larger business by last-quarter revenue ($284.8M vs $252.6M, roughly 1.1× PicoCELA Inc.). MATTHEWS INTERNATIONAL CORP runs the higher net margin — 15.3% vs -125.2%, a 140.5% gap on every dollar of revenue. MATTHEWS INTERNATIONAL CORP produced more free cash flow last quarter ($-57.2M vs $-256.6M).
Matthews Aurora Funeral Solutions is one of the largest manufacturers of caskets and funerary urns in the United States, selling over 38% of the country's caskets as of 2005. The Aurora, Indiana–based company is a subsidiary of Pittsburgh-based Matthews International. The company makes both wooden and metal caskets and urns for holding cremated remains. It also provides supplies and consulting services for funeral homes.
PicoCELA Inc. is a global technology company specializing in low-power, high-reliability wireless connectivity solutions, including Wi-Fi HaLow modules and edge network infrastructure. It caters to industrial IoT, smart city, retail, and smart home segments, with a primary operational footprint across Asia, North America, and European markets.
MATW vs PCLA — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2025
| Metric | | |
|---|---|---|
| Revenue | $284.8M | $252.6M |
| Net Profit | $43.6M | $-316.2M |
| Gross Margin | 35.0% | — |
| Operating Margin | 34.2% | -114.8% |
| Net Margin | 15.3% | -125.2% |
| Revenue YoY | -29.1% | — |
| Net Profit YoY | 1356.6% | — |
| EPS (diluted) | $1.39 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $31.4M | $456.8M |
| Total DebtLower is stronger | $529.8M | — |
| Stockholders' EquityBook value | $543.2M | $354.8M |
| Total Assets | $1.6B | $1.2B |
| Debt / EquityLower = less leverage | 0.98× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $31.4M | — | ||
| Q1 25 | — | $456.8M |
| Q4 25 | $529.8M | — | ||
| Q1 25 | — | — |
| Q4 25 | $543.2M | — | ||
| Q1 25 | — | $354.8M |
| Q4 25 | $1.6B | — | ||
| Q1 25 | — | $1.2B |
| Q4 25 | 0.98× | — | ||
| Q1 25 | — | — |
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 | $-52.0M | $-245.6M |
| Free Cash FlowOCF − Capex | $-57.2M | $-256.6M |
| FCF MarginFCF / Revenue | -20.1% | -101.6% |
| Capex IntensityCapex / Revenue | 1.8% | 4.3% |
| Cash ConversionOCF / Net Profit | -1.19× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-52.0M | — | ||
| Q1 25 | — | $-245.6M |
| Q4 25 | $-57.2M | — | ||
| Q1 25 | — | $-256.6M |
| Q4 25 | -20.1% | — | ||
| Q1 25 | — | -101.6% |
| Q4 25 | 1.8% | — | ||
| Q1 25 | — | 4.3% |
| Q4 25 | -1.19× | — | ||
| Q1 25 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MATW
Segment breakdown not available.
PCLA
| Revenue from product | $179.1M | 71% |
| Revenue from SaaS, Maintenance and others | $42.4M | 17% |
| Revenue from product – related party | $31.0M | 12% |
