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Side-by-side financial comparison of Maiden Holdings, Ltd. (MHLA) and ORASURE TECHNOLOGIES INC (OSUR). Click either name above to swap in a different company.

ORASURE TECHNOLOGIES INC is the larger business by last-quarter revenue ($26.8M vs $14.0M, roughly 1.9× Maiden Holdings, Ltd.). Maiden Holdings, Ltd. runs the higher net margin — -61.5% vs -72.1%, a 10.5% gap on every dollar of revenue. On growth, ORASURE TECHNOLOGIES INC posted the faster year-over-year revenue change (-28.5% vs -51.4%). Over the past eight quarters, Maiden Holdings, Ltd.'s revenue compounded faster (-21.5% CAGR vs -29.7%).

Maiden Holdings Ltd. is a Bermuda based holding company with insurance subsidiaries that provides specialty reinsurance products for the global property and casualty market. The company has operating subsidiaries in the United States, Europe, and Bermuda.

OraSure Technologies, Inc. is a Bethlehem, Pennsylvania–based company in the medical device industry. Their products include diagnostic testing kits. The company had recently developed OraQuick testing kit, the first over-the-counter home HIV test.

MHLA vs OSUR — Head-to-Head

Bigger by revenue
OSUR
OSUR
1.9× larger
OSUR
$26.8M
$14.0M
MHLA
Growing faster (revenue YoY)
OSUR
OSUR
+22.9% gap
OSUR
-28.5%
-51.4%
MHLA
Higher net margin
MHLA
MHLA
10.5% more per $
MHLA
-61.5%
-72.1%
OSUR
Faster 2-yr revenue CAGR
MHLA
MHLA
Annualised
MHLA
-21.5%
-29.7%
OSUR

Income Statement — Q1 FY2025 vs Q4 FY2025

Metric
MHLA
MHLA
OSUR
OSUR
Revenue
$14.0M
$26.8M
Net Profit
$-8.6M
$-19.3M
Gross Margin
41.0%
Operating Margin
-42.1%
-75.1%
Net Margin
-61.5%
-72.1%
Revenue YoY
-51.4%
-28.5%
Net Profit YoY
-692.5%
-78.7%
EPS (diluted)
$-0.09
$-0.28

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
MHLA
MHLA
OSUR
OSUR
Q4 25
$26.8M
Q3 25
$27.1M
Q2 25
$31.2M
Q1 25
$14.0M
$29.9M
Q4 24
$11.6M
$37.4M
Q3 24
$14.5M
$39.9M
Q2 24
$20.5M
$54.3M
Q1 24
$28.9M
$54.1M
Net Profit
MHLA
MHLA
OSUR
OSUR
Q4 25
$-19.3M
Q3 25
$-13.7M
Q2 25
$-19.7M
Q1 25
$-8.6M
$-16.0M
Q4 24
$-158.0M
$-10.8M
Q3 24
$-34.5M
$-4.5M
Q2 24
$-10.0M
$-615.0K
Q1 24
$1.5M
$-3.6M
Gross Margin
MHLA
MHLA
OSUR
OSUR
Q4 25
41.0%
Q3 25
43.5%
Q2 25
42.1%
Q1 25
41.1%
Q4 24
36.2%
Q3 24
42.8%
Q2 24
45.4%
Q1 24
44.5%
Operating Margin
MHLA
MHLA
OSUR
OSUR
Q4 25
-75.1%
Q3 25
-59.4%
Q2 25
-57.7%
Q1 25
-42.1%
-59.3%
Q4 24
2103.0%
-33.2%
Q3 24
-243.1%
-15.0%
Q2 24
-53.7%
-5.0%
Q1 24
3.0%
-13.1%
Net Margin
MHLA
MHLA
OSUR
OSUR
Q4 25
-72.1%
Q3 25
-50.6%
Q2 25
-63.0%
Q1 25
-61.5%
-53.6%
Q4 24
2125.8%
-28.8%
Q3 24
-238.1%
-11.3%
Q2 24
-48.7%
-1.1%
Q1 24
5.0%
-6.6%
EPS (diluted)
MHLA
MHLA
OSUR
OSUR
Q4 25
$-0.28
Q3 25
$-0.19
Q2 25
$-0.26
Q1 25
$-0.09
$-0.21
Q4 24
$-1.57
$-0.14
Q3 24
$-0.35
$-0.06
Q2 24
$-0.10
$-0.01
Q1 24
$0.01
$-0.05

Balance Sheet & Financial Strength

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

Metric
MHLA
MHLA
OSUR
OSUR
Cash + ST InvestmentsLiquidity on hand
$28.7M
$199.3M
Total DebtLower is stronger
$254.8M
Stockholders' EquityBook value
$37.6M
$340.8M
Total Assets
$1.2B
$403.2M
Debt / EquityLower = less leverage
6.78×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MHLA
MHLA
OSUR
OSUR
Q4 25
$199.3M
Q3 25
$216.5M
Q2 25
$234.6M
Q1 25
$28.7M
$247.6M
Q4 24
$25.7M
$267.8M
Q3 24
$110.0M
$278.6M
Q2 24
$24.8M
$267.4M
Q1 24
$20.7M
$263.8M
Total Debt
MHLA
MHLA
OSUR
OSUR
Q4 25
Q3 25
Q2 25
Q1 25
$254.8M
Q4 24
$254.8M
Q3 24
$254.7M
Q2 24
$254.7M
Q1 24
$254.6M
Stockholders' Equity
MHLA
MHLA
OSUR
OSUR
Q4 25
$340.8M
Q3 25
$362.0M
Q2 25
$380.7M
Q1 25
$37.6M
$396.3M
Q4 24
$45.2M
$410.3M
Q3 24
$208.2M
$425.6M
Q2 24
$238.0M
$425.8M
Q1 24
$249.4M
$426.3M
Total Assets
MHLA
MHLA
OSUR
OSUR
Q4 25
$403.2M
Q3 25
$423.1M
Q2 25
$445.0M
Q1 25
$1.2B
$457.6M
Q4 24
$1.3B
$479.7M
Q3 24
$1.4B
$464.1M
Q2 24
$1.4B
$466.3M
Q1 24
$1.5B
$467.6M
Debt / Equity
MHLA
MHLA
OSUR
OSUR
Q4 25
Q3 25
Q2 25
Q1 25
6.78×
Q4 24
5.64×
Q3 24
1.22×
Q2 24
1.07×
Q1 24
1.02×

Cash Flow & Capital Efficiency

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

Metric
MHLA
MHLA
OSUR
OSUR
Operating Cash FlowLast quarter
$-21.1M
$-9.0M
Free Cash FlowOCF − Capex
$-9.9M
FCF MarginFCF / Revenue
-37.1%
Capex IntensityCapex / Revenue
3.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-53.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MHLA
MHLA
OSUR
OSUR
Q4 25
$-9.0M
Q3 25
$-10.1M
Q2 25
$-10.2M
Q1 25
$-21.1M
$-19.7M
Q4 24
$-67.4M
$109.0K
Q3 24
$-3.8M
$12.7M
Q2 24
$-23.4M
$7.8M
Q1 24
$8.0M
$6.7M
Free Cash Flow
MHLA
MHLA
OSUR
OSUR
Q4 25
$-9.9M
Q3 25
$-11.0M
Q2 25
$-12.2M
Q1 25
$-20.2M
Q4 24
$-347.0K
Q3 24
$12.5M
Q2 24
$6.2M
Q1 24
$5.2M
FCF Margin
MHLA
MHLA
OSUR
OSUR
Q4 25
-37.1%
Q3 25
-40.6%
Q2 25
-38.9%
Q1 25
-67.3%
Q4 24
-0.9%
Q3 24
31.4%
Q2 24
11.5%
Q1 24
9.5%
Capex Intensity
MHLA
MHLA
OSUR
OSUR
Q4 25
3.4%
Q3 25
3.4%
Q2 25
6.2%
Q1 25
1.4%
Q4 24
1.2%
Q3 24
0.4%
Q2 24
3.0%
Q1 24
2.9%
Cash Conversion
MHLA
MHLA
OSUR
OSUR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
5.52×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MHLA
MHLA

Segment breakdown not available.

OSUR
OSUR

Product And Services$24.9M93%
Other$1.9M7%

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