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Side-by-side financial comparison of MIDDLEFIELD BANC CORP (MBCN) and Playboy, Inc. (PLBY). Click either name above to swap in a different company.

Playboy, Inc. is the larger business by last-quarter revenue ($34.9M vs $19.9M, roughly 1.8× MIDDLEFIELD BANC CORP). MIDDLEFIELD BANC CORP runs the higher net margin — 26.7% vs 10.3%, a 16.5% gap on every dollar of revenue. On growth, MIDDLEFIELD BANC CORP posted the faster year-over-year revenue change (18.3% vs 4.2%). MIDDLEFIELD BANC CORP produced more free cash flow last quarter ($3.4M vs $1.1M). Over the past eight quarters, MIDDLEFIELD BANC CORP's revenue compounded faster (13.7% CAGR vs 11.0%).

Star Banc Corporation was a Cincinnati, Ohio-based regional bank holding company that acquired Firstar in 1998 and took the Firstar name; the merged bank acquired U.S. Bancorp in 2001 and took the U.S. Bancorp name. The company can trace its origins back to 1863 when it was first founded as the First National Bank of Cincinnati.

Playboy is an American men's lifestyle and entertainment magazine, available both online and in print. It was founded in Chicago in 1953 by Hugh Hefner and his associates, funded in part by a $1,000 loan from Hefner's mother.

MBCN vs PLBY — Head-to-Head

Bigger by revenue
PLBY
PLBY
1.8× larger
PLBY
$34.9M
$19.9M
MBCN
Growing faster (revenue YoY)
MBCN
MBCN
+14.0% gap
MBCN
18.3%
4.2%
PLBY
Higher net margin
MBCN
MBCN
16.5% more per $
MBCN
26.7%
10.3%
PLBY
More free cash flow
MBCN
MBCN
$2.3M more FCF
MBCN
$3.4M
$1.1M
PLBY
Faster 2-yr revenue CAGR
MBCN
MBCN
Annualised
MBCN
13.7%
11.0%
PLBY

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
MBCN
MBCN
PLBY
PLBY
Revenue
$19.9M
$34.9M
Net Profit
$5.3M
$3.6M
Gross Margin
73.3%
Operating Margin
32.2%
7.9%
Net Margin
26.7%
10.3%
Revenue YoY
18.3%
4.2%
Net Profit YoY
127.4%
128.6%
EPS (diluted)
$0.65
$0.05

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
MBCN
MBCN
PLBY
PLBY
Q4 25
$34.9M
Q3 25
$19.9M
$29.0M
Q2 25
$20.5M
$28.1M
Q1 25
$18.0M
$28.9M
Q4 24
$17.5M
$33.5M
Q3 24
$16.8M
$29.4M
Q2 24
$16.8M
$24.9M
Q1 24
$16.8M
$28.3M
Net Profit
MBCN
MBCN
PLBY
PLBY
Q4 25
$3.6M
Q3 25
$5.3M
$460.0K
Q2 25
$6.2M
$-7.7M
Q1 25
$4.8M
$-9.0M
Q4 24
$4.8M
$-12.5M
Q3 24
$2.3M
$-33.8M
Q2 24
$4.2M
$-16.7M
Q1 24
$4.2M
$-16.4M
Gross Margin
MBCN
MBCN
PLBY
PLBY
Q4 25
73.3%
Q3 25
76.0%
Q2 25
65.4%
Q1 25
68.6%
Q4 24
70.8%
Q3 24
61.0%
Q2 24
67.8%
Q1 24
55.8%
Operating Margin
MBCN
MBCN
PLBY
PLBY
Q4 25
7.9%
Q3 25
32.2%
4.7%
Q2 25
35.9%
-20.9%
Q1 25
31.9%
-21.7%
Q4 24
33.4%
-13.3%
Q3 24
16.1%
-96.0%
Q2 24
28.8%
-37.0%
Q1 24
29.4%
-31.5%
Net Margin
MBCN
MBCN
PLBY
PLBY
Q4 25
10.3%
Q3 25
26.7%
1.6%
Q2 25
30.0%
-27.3%
Q1 25
26.8%
-31.3%
Q4 24
27.8%
-37.4%
Q3 24
13.9%
-114.7%
Q2 24
24.7%
-66.9%
Q1 24
24.9%
-58.1%
EPS (diluted)
MBCN
MBCN
PLBY
PLBY
Q4 25
$0.05
Q3 25
$0.65
$0.00
Q2 25
$0.76
$-0.08
Q1 25
$0.60
$-0.10
Q4 24
$0.60
$-0.13
Q3 24
$0.29
$-0.45
Q2 24
$0.52
$-0.23
Q1 24
$0.51
$-0.23

Balance Sheet & Financial Strength

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

Metric
MBCN
MBCN
PLBY
PLBY
Cash + ST InvestmentsLiquidity on hand
$37.8M
Total DebtLower is stronger
$174.2M
Stockholders' EquityBook value
$224.1M
$18.4M
Total Assets
$2.0B
$292.4M
Debt / EquityLower = less leverage
9.48×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MBCN
MBCN
PLBY
PLBY
Q4 25
$37.8M
Q3 25
$27.5M
Q2 25
$19.6M
Q1 25
$23.7M
Q4 24
$30.9M
Q3 24
$9.5M
Q2 24
$16.9M
Q1 24
$19.0M
Total Debt
MBCN
MBCN
PLBY
PLBY
Q4 25
$174.2M
Q3 25
$176.8M
Q2 25
$177.5M
Q1 25
$176.3M
Q4 24
$176.6M
Q3 24
$200.0M
Q2 24
$196.3M
Q1 24
$193.4M
Stockholders' Equity
MBCN
MBCN
PLBY
PLBY
Q4 25
$18.4M
Q3 25
$224.1M
$3.8M
Q2 25
$216.1M
$-17.5M
Q1 25
$213.8M
$-11.4M
Q4 24
$210.6M
$-7.7M
Q3 24
$210.7M
$-15.7M
Q2 24
$206.8M
$15.7M
Q1 24
$205.6M
$29.5M
Total Assets
MBCN
MBCN
PLBY
PLBY
Q4 25
$292.4M
Q3 25
$2.0B
$278.3M
Q2 25
$1.9B
$264.1M
Q1 25
$1.9B
$270.6M
Q4 24
$1.9B
$284.7M
Q3 24
$1.9B
$271.5M
Q2 24
$1.8B
$301.8M
Q1 24
$1.8B
$309.1M
Debt / Equity
MBCN
MBCN
PLBY
PLBY
Q4 25
9.48×
Q3 25
46.86×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
12.51×
Q1 24
6.54×

Cash Flow & Capital Efficiency

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

Metric
MBCN
MBCN
PLBY
PLBY
Operating Cash FlowLast quarter
$4.8M
$1.4M
Free Cash FlowOCF − Capex
$3.4M
$1.1M
FCF MarginFCF / Revenue
17.0%
3.2%
Capex IntensityCapex / Revenue
7.2%
0.8%
Cash ConversionOCF / Net Profit
0.91×
0.39×
TTM Free Cash FlowTrailing 4 quarters
$32.0M
$-1.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MBCN
MBCN
PLBY
PLBY
Q4 25
$1.4M
Q3 25
$4.8M
$10.1M
Q2 25
$4.8M
$-3.9M
Q1 25
$8.0M
$-7.6M
Q4 24
$17.5M
$161.0K
Q3 24
$6.0M
$-6.5M
Q2 24
$3.4M
$-3.0M
Q1 24
$5.4M
$-9.8M
Free Cash Flow
MBCN
MBCN
PLBY
PLBY
Q4 25
$1.1M
Q3 25
$3.4M
$9.8M
Q2 25
$4.2M
$-4.3M
Q1 25
$7.7M
$-7.7M
Q4 24
$16.7M
$-401.0K
Q3 24
$5.8M
$-7.0M
Q2 24
$3.3M
$-3.7M
Q1 24
$5.3M
$-10.3M
FCF Margin
MBCN
MBCN
PLBY
PLBY
Q4 25
3.2%
Q3 25
17.0%
33.8%
Q2 25
20.5%
-15.2%
Q1 25
42.9%
-26.5%
Q4 24
95.6%
-1.2%
Q3 24
34.7%
-23.7%
Q2 24
19.3%
-14.8%
Q1 24
31.9%
-36.5%
Capex Intensity
MBCN
MBCN
PLBY
PLBY
Q4 25
0.8%
Q3 25
7.2%
1.1%
Q2 25
3.0%
1.4%
Q1 25
1.5%
0.1%
Q4 24
4.4%
1.7%
Q3 24
1.0%
1.5%
Q2 24
0.6%
2.6%
Q1 24
0.5%
2.1%
Cash Conversion
MBCN
MBCN
PLBY
PLBY
Q4 25
0.39×
Q3 25
0.91×
22.02×
Q2 25
0.78×
Q1 25
1.66×
Q4 24
3.60×
Q3 24
2.57×
Q2 24
0.81×
Q1 24
1.31×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MBCN
MBCN

Segment breakdown not available.

PLBY
PLBY

Transferred At Point In Time$22.2M64%
Trademark Licensing$6.5M19%
Related Party$5.0M14%
Other$1.1M3%

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