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Side-by-side financial comparison of Ramaco Resources, Inc. (METC) and Purple Innovation, Inc. (PRPL). Click either name above to swap in a different company.
Purple Innovation, Inc. is the larger business by last-quarter revenue ($140.7M vs $121.0M, roughly 1.2× Ramaco Resources, Inc.). Purple Innovation, Inc. runs the higher net margin — -2.3% vs -11.0%, a 8.7% gap on every dollar of revenue. On growth, Purple Innovation, Inc. posted the faster year-over-year revenue change (9.1% vs -27.7%). Purple Innovation, Inc. produced more free cash flow last quarter ($-7.8M vs $-17.5M). Over the past eight quarters, Purple Innovation, Inc.'s revenue compounded faster (8.3% CAGR vs -22.7%).
Ramaco Resources, Inc. is a U.S.-based mining company focused on high-grade metallurgical coal production. It operates mining assets across the Appalachian region, supplying products to global steel manufacturing and industrial clients, with core operations centered on sustainable low-cost metallurgical coal extraction and distribution.
Purple Carrot is a Needham, Massachusetts-based, and 100% plant-based meal kit company. Founded by Andy Levitt, it offers both prepared meals as well as meal kits to subscribers weekly. As stated in a 2022 article in Cosmopolitan, “each Purple Carrot meal kit results in 72% less carbon being released into the atmosphere as compared to the standard American meal.”
METC vs PRPL — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $121.0M | $140.7M |
| Net Profit | $-13.3M | $-3.2M |
| Gross Margin | 15.8% | 41.9% |
| Operating Margin | -12.0% | -1.6% |
| Net Margin | -11.0% | -2.3% |
| Revenue YoY | -27.7% | 9.1% |
| Net Profit YoY | -5468.2% | 62.1% |
| EPS (diluted) | — | $0.03 |
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.
| Q4 25 | — | $140.7M | ||
| Q3 25 | $121.0M | $118.8M | ||
| Q2 25 | $153.0M | $105.1M | ||
| Q1 25 | $134.7M | $104.2M | ||
| Q4 24 | $170.9M | $129.0M | ||
| Q3 24 | $167.4M | $118.6M | ||
| Q2 24 | $155.3M | $120.3M | ||
| Q1 24 | $172.7M | $120.0M |
| Q4 25 | — | $-3.2M | ||
| Q3 25 | $-13.3M | $-11.7M | ||
| Q2 25 | $-14.0M | $-17.3M | ||
| Q1 25 | $-9.5M | $-19.1M | ||
| Q4 24 | $3.9M | $-8.5M | ||
| Q3 24 | $-239.0K | $-39.2M | ||
| Q2 24 | $5.5M | $27.0K | ||
| Q1 24 | $2.0M | $-50.2M |
| Q4 25 | — | 41.9% | ||
| Q3 25 | 15.8% | 42.8% | ||
| Q2 25 | 12.3% | 35.9% | ||
| Q1 25 | 15.2% | 39.4% | ||
| Q4 24 | 20.4% | 42.9% | ||
| Q3 24 | 19.5% | 29.7% | ||
| Q2 24 | 21.0% | 40.7% | ||
| Q1 24 | 19.1% | 34.8% |
| Q4 25 | — | -1.6% | ||
| Q3 25 | -12.0% | -10.2% | ||
| Q2 25 | -9.1% | -13.5% | ||
| Q1 25 | -8.9% | -13.9% | ||
| Q4 24 | 3.7% | -6.0% | ||
| Q3 24 | 1.0% | -39.5% | ||
| Q2 24 | 3.5% | -12.1% | ||
| Q1 24 | 1.9% | -19.3% |
| Q4 25 | — | -2.3% | ||
| Q3 25 | -11.0% | -9.9% | ||
| Q2 25 | -9.1% | -16.5% | ||
| Q1 25 | -7.0% | -18.4% | ||
| Q4 24 | 2.3% | -6.6% | ||
| Q3 24 | -0.1% | -33.1% | ||
| Q2 24 | 3.6% | 0.0% | ||
| Q1 24 | 1.2% | -41.8% |
| Q4 25 | — | $0.03 | ||
| Q3 25 | — | $0.11 | ||
| Q2 25 | — | $0.16 | ||
| Q1 25 | — | $0.18 | ||
| Q4 24 | $0.06 | $0.08 | ||
| Q3 24 | $-0.03 | $0.36 | ||
| Q2 24 | $0.08 | $0.00 | ||
| Q1 24 | $0.00 | $0.47 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $193.8M | $24.3M |
| Total DebtLower is stronger | $116.3M | $126.7M |
| Stockholders' EquityBook value | $526.9M | $-29.7M |
| Total Assets | $849.7M | $296.3M |
| Debt / EquityLower = less leverage | 0.22× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $24.3M | ||
| Q3 25 | $193.8M | $32.4M | ||
| Q2 25 | $28.1M | $34.2M | ||
| Q1 25 | $43.5M | $21.6M | ||
| Q4 24 | $33.0M | $29.0M | ||
| Q3 24 | $22.9M | $23.4M | ||
| Q2 24 | $27.6M | $23.4M | ||
| Q1 24 | $30.5M | $34.5M |
| Q4 25 | — | $126.7M | ||
| Q3 25 | $116.3M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $88.2M | $70.7M | ||
| Q3 24 | — | $50.8M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | $-29.7M | ||
| Q3 25 | $526.9M | $-26.9M | ||
| Q2 25 | $347.4M | $-15.6M | ||
| Q1 25 | $355.2M | $1.3M | ||
| Q4 24 | $362.8M | $20.2M | ||
| Q3 24 | $361.8M | $28.0M | ||
| Q2 24 | $366.1M | $66.4M | ||
| Q1 24 | $372.3M | $65.5M |
| Q4 25 | — | $296.3M | ||
| Q3 25 | $849.7M | $302.1M | ||
| Q2 25 | $674.6M | $303.8M | ||
| Q1 25 | $685.7M | $293.8M | ||
| Q4 24 | $674.7M | $307.8M | ||
| Q3 24 | $645.4M | $309.3M | ||
| Q2 24 | $659.2M | $362.1M | ||
| Q1 24 | $674.0M | $382.1M |
| Q4 25 | — | — | ||
| Q3 25 | 0.22× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.24× | 3.50× | ||
| Q3 24 | — | 1.82× | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-1.4M | $-5.8M |
| Free Cash FlowOCF − Capex | $-17.5M | $-7.8M |
| FCF MarginFCF / Revenue | -14.5% | -5.5% |
| Capex IntensityCapex / Revenue | 13.3% | 1.4% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-24.7M | $-41.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $-5.8M | ||
| Q3 25 | $-1.4M | $-968.0K | ||
| Q2 25 | $-4.3M | $-4.0M | ||
| Q1 25 | $26.0M | $-23.1M | ||
| Q4 24 | $15.7M | $6.8M | ||
| Q3 24 | $37.4M | $1.1M | ||
| Q2 24 | $34.4M | $-8.9M | ||
| Q1 24 | $25.2M | $-16.8M |
| Q4 25 | — | $-7.8M | ||
| Q3 25 | $-17.5M | $-1.8M | ||
| Q2 25 | $-19.8M | $-7.0M | ||
| Q1 25 | $7.6M | $-25.3M | ||
| Q4 24 | $5.1M | $5.7M | ||
| Q3 24 | $25.6M | $101.0K | ||
| Q2 24 | $20.3M | $-11.0M | ||
| Q1 24 | $6.5M | $-19.9M |
| Q4 25 | — | -5.5% | ||
| Q3 25 | -14.5% | -1.5% | ||
| Q2 25 | -13.0% | -6.6% | ||
| Q1 25 | 5.6% | -24.3% | ||
| Q4 24 | 3.0% | 4.4% | ||
| Q3 24 | 15.3% | 0.1% | ||
| Q2 24 | 13.1% | -9.2% | ||
| Q1 24 | 3.7% | -16.5% |
| Q4 25 | — | 1.4% | ||
| Q3 25 | 13.3% | 0.7% | ||
| Q2 25 | 10.2% | 2.8% | ||
| Q1 25 | 13.7% | 2.2% | ||
| Q4 24 | 6.2% | 0.8% | ||
| Q3 24 | 7.0% | 0.9% | ||
| Q2 24 | 9.1% | 1.7% | ||
| Q1 24 | 10.8% | 2.5% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 4.06× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 6.21× | -330.22× | ||
| Q1 24 | 12.40× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
METC
| Export Coal Revenues | $73.0M | 60% |
| Domestic Coal Revenues | $48.0M | 40% |
PRPL
| Cost Of Revenues | $81.7M | 58% |
| Other | $59.0M | 42% |
