vs

Side-by-side financial comparison of Maiden Holdings, Ltd. (MHLA) and Rocky Mountain Chocolate Factory, Inc. (RMCF). Click either name above to swap in a different company.

Maiden Holdings, Ltd. is the larger business by last-quarter revenue ($14.0M vs $7.5M, roughly 1.9× Rocky Mountain Chocolate Factory, Inc.). Rocky Mountain Chocolate Factory, Inc. runs the higher net margin — -2.1% vs -61.5%, a 59.5% gap on every dollar of revenue. On growth, Rocky Mountain Chocolate Factory, Inc. posted the faster year-over-year revenue change (-4.4% vs -51.4%). Over the past eight quarters, Rocky Mountain Chocolate Factory, Inc.'s revenue compounded faster (1.9% CAGR vs -21.5%).

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.

Rocky Mountain Chocolate, formerly Rocky Mountain Chocolate Factory, Inc., is an international franchiser, confectionery manufacturer and retail operator in the United States, with outlets in Panama and the Philippines. The company is based in the town of Durango, Colorado, United States of America.

MHLA vs RMCF — Head-to-Head

Bigger by revenue
MHLA
MHLA
1.9× larger
MHLA
$14.0M
$7.5M
RMCF
Growing faster (revenue YoY)
RMCF
RMCF
+47.0% gap
RMCF
-4.4%
-51.4%
MHLA
Higher net margin
RMCF
RMCF
59.5% more per $
RMCF
-2.1%
-61.5%
MHLA
Faster 2-yr revenue CAGR
RMCF
RMCF
Annualised
RMCF
1.9%
-21.5%
MHLA

Income Statement — Q1 FY2025 vs Q3 FY2026

Metric
MHLA
MHLA
RMCF
RMCF
Revenue
$14.0M
$7.5M
Net Profit
$-8.6M
$-155.0K
Gross Margin
34.0%
Operating Margin
-42.1%
1.1%
Net Margin
-61.5%
-2.1%
Revenue YoY
-51.4%
-4.4%
Net Profit YoY
-692.5%
81.7%
EPS (diluted)
$-0.09
$-0.02

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
RMCF
RMCF
Q4 25
$7.5M
Q3 25
$6.8M
Q2 25
$6.4M
Q1 25
$14.0M
$8.9M
Q4 24
$11.6M
$7.9M
Q3 24
$14.5M
$6.4M
Q2 24
$20.5M
$6.4M
Q1 24
$28.9M
$7.3M
Net Profit
MHLA
MHLA
RMCF
RMCF
Q4 25
$-155.0K
Q3 25
$-662.0K
Q2 25
$-324.0K
Q1 25
$-8.6M
$-2.9M
Q4 24
$-158.0M
$-847.0K
Q3 24
$-34.5M
$-722.0K
Q2 24
$-10.0M
$-1.7M
Q1 24
$1.5M
$-1.6M
Gross Margin
MHLA
MHLA
RMCF
RMCF
Q4 25
34.0%
Q3 25
23.6%
Q2 25
31.1%
Q1 25
10.8%
Q4 24
23.4%
Q3 24
31.8%
Q2 24
12.8%
Q1 24
24.3%
Operating Margin
MHLA
MHLA
RMCF
RMCF
Q4 25
1.1%
Q3 25
-7.0%
Q2 25
-2.3%
Q1 25
-42.1%
-30.3%
Q4 24
2103.0%
-8.9%
Q3 24
-243.1%
-14.3%
Q2 24
-53.7%
-25.4%
Q1 24
3.0%
-21.7%
Net Margin
MHLA
MHLA
RMCF
RMCF
Q4 25
-2.1%
Q3 25
-9.7%
Q2 25
-5.1%
Q1 25
-61.5%
-32.5%
Q4 24
2125.8%
-10.7%
Q3 24
-238.1%
-11.3%
Q2 24
-48.7%
-25.9%
Q1 24
5.0%
-21.9%
EPS (diluted)
MHLA
MHLA
RMCF
RMCF
Q4 25
$-0.02
Q3 25
$-0.09
Q2 25
$-0.04
Q1 25
$-0.09
$-0.38
Q4 24
$-1.57
$-0.11
Q3 24
$-0.35
$-0.11
Q2 24
$-0.10
$-0.26
Q1 24
$0.01
$-0.25

Balance Sheet & Financial Strength

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

Metric
MHLA
MHLA
RMCF
RMCF
Cash + ST InvestmentsLiquidity on hand
$28.7M
$641.0K
Total DebtLower is stronger
$254.8M
Stockholders' EquityBook value
$37.6M
$6.0M
Total Assets
$1.2B
$20.7M
Debt / EquityLower = less leverage
6.78×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MHLA
MHLA
RMCF
RMCF
Q4 25
$641.0K
Q3 25
$2.0M
Q2 25
$893.0K
Q1 25
$28.7M
$720.0K
Q4 24
$25.7M
$1.1M
Q3 24
$110.0M
$973.0K
Q2 24
$24.8M
$637.0K
Q1 24
$20.7M
$2.1M
Total Debt
MHLA
MHLA
RMCF
RMCF
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
RMCF
RMCF
Q4 25
$6.0M
Q3 25
$6.1M
Q2 25
$6.7M
Q1 25
$37.6M
$7.0M
Q4 24
$45.2M
$9.8M
Q3 24
$208.2M
$10.5M
Q2 24
$238.0M
$9.0M
Q1 24
$249.4M
$10.6M
Total Assets
MHLA
MHLA
RMCF
RMCF
Q4 25
$20.7M
Q3 25
$22.3M
Q2 25
$20.1M
Q1 25
$1.2B
$21.2M
Q4 24
$1.3B
$21.6M
Q3 24
$1.4B
$21.1M
Q2 24
$1.4B
$19.0M
Q1 24
$1.5B
$20.6M
Debt / Equity
MHLA
MHLA
RMCF
RMCF
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
RMCF
RMCF
Operating Cash FlowLast quarter
$-21.1M
$-1.2M
Free Cash FlowOCF − Capex
$-1.3M
FCF MarginFCF / Revenue
-16.9%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MHLA
MHLA
RMCF
RMCF
Q4 25
$-1.2M
Q3 25
$-488.0K
Q2 25
$350.0K
Q1 25
$-21.1M
$1.2M
Q4 24
$-67.4M
$-2.1M
Q3 24
$-3.8M
$-3.5M
Q2 24
$-23.4M
$-2.2M
Q1 24
$8.0M
$129.0K
Free Cash Flow
MHLA
MHLA
RMCF
RMCF
Q4 25
$-1.3M
Q3 25
$-544.0K
Q2 25
$182.0K
Q1 25
Q4 24
Q3 24
$-4.6M
Q2 24
$-2.6M
Q1 24
$-352.3K
FCF Margin
MHLA
MHLA
RMCF
RMCF
Q4 25
-16.9%
Q3 25
-8.0%
Q2 25
2.9%
Q1 25
Q4 24
Q3 24
-72.6%
Q2 24
-40.2%
Q1 24
-4.9%
Capex Intensity
MHLA
MHLA
RMCF
RMCF
Q4 25
0.5%
Q3 25
0.8%
Q2 25
2.6%
Q1 25
Q4 24
Q3 24
17.5%
Q2 24
6.5%
Q1 24
6.6%
Cash Conversion
MHLA
MHLA
RMCF
RMCF
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.

RMCF
RMCF

Manufacturing$5.9M78%
Transferred At Point In Time$1.2M16%
Other$414.0K5%

Related Comparisons