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Side-by-side financial comparison of Mount Logan Capital Inc. (MLCI) and SuperCom Ltd (SPCB). Click either name above to swap in a different company.

SuperCom Ltd is the larger business by last-quarter revenue ($14.2M vs $11.4M, roughly 1.2× Mount Logan Capital Inc.). SuperCom Ltd runs the higher net margin — 37.5% vs -117.5%, a 155.0% gap on every dollar of revenue.

180 Degree Capital Corp. is a publicly traded registered closed-end management investment company.

Super.com is a technology company headquartered in San Francisco and co-founded by Hussein Fazal and Henry Shi. The company provides financial services, including reward programs and travel bookings.

MLCI vs SPCB — Head-to-Head

Bigger by revenue
SPCB
SPCB
1.2× larger
SPCB
$14.2M
$11.4M
MLCI
Higher net margin
SPCB
SPCB
155.0% more per $
SPCB
37.5%
-117.5%
MLCI

Income Statement — Q3 FY2025 vs Q2 FY2025

Metric
MLCI
MLCI
SPCB
SPCB
Revenue
$11.4M
$14.2M
Net Profit
$-13.4M
$5.3M
Gross Margin
61.2%
Operating Margin
-97.3%
16.3%
Net Margin
-117.5%
37.5%
Revenue YoY
-1.5%
Net Profit YoY
79.5%
EPS (diluted)
$-1.64
$1.32

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
MLCI
MLCI
SPCB
SPCB
Q3 25
$11.4M
Q2 25
$14.2M
Q2 24
$14.4M
Q2 23
$14.1M
Q2 22
$6.3M
Net Profit
MLCI
MLCI
SPCB
SPCB
Q3 25
$-13.4M
Q2 25
$5.3M
Q2 24
$3.0M
Q2 23
$-2.6M
Q2 22
$-5.2M
Gross Margin
MLCI
MLCI
SPCB
SPCB
Q3 25
Q2 25
61.2%
Q2 24
52.3%
Q2 23
27.2%
Q2 22
41.8%
Operating Margin
MLCI
MLCI
SPCB
SPCB
Q3 25
-97.3%
Q2 25
16.3%
Q2 24
7.7%
Q2 23
-12.2%
Q2 22
-49.9%
Net Margin
MLCI
MLCI
SPCB
SPCB
Q3 25
-117.5%
Q2 25
37.5%
Q2 24
20.6%
Q2 23
-18.3%
Q2 22
-82.4%
EPS (diluted)
MLCI
MLCI
SPCB
SPCB
Q3 25
$-1.64
Q2 25
$1.32
Q2 24
$1.19
Q2 23
$-10.66
Q2 22
$-1.54

Balance Sheet & Financial Strength

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

Metric
MLCI
MLCI
SPCB
SPCB
Cash + ST InvestmentsLiquidity on hand
$15.0M
Total DebtLower is stronger
$73.4M
$23.6M
Stockholders' EquityBook value
$131.2M
$37.3M
Total Assets
$1.6B
$65.5M
Debt / EquityLower = less leverage
0.56×
0.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MLCI
MLCI
SPCB
SPCB
Q3 25
Q2 25
$15.0M
Q2 24
$5.7M
Q2 23
$1.1M
Q2 22
$2.9M
Total Debt
MLCI
MLCI
SPCB
SPCB
Q3 25
$73.4M
Q2 25
$23.6M
Q2 24
$29.2M
Q2 23
$32.9M
Q2 22
$32.3M
Stockholders' Equity
MLCI
MLCI
SPCB
SPCB
Q3 25
$131.2M
Q2 25
$37.3M
Q2 24
$13.8M
Q2 23
$3.5M
Q2 22
$3.7M
Total Assets
MLCI
MLCI
SPCB
SPCB
Q3 25
$1.6B
Q2 25
$65.5M
Q2 24
$49.6M
Q2 23
$40.8M
Q2 22
$42.7M
Debt / Equity
MLCI
MLCI
SPCB
SPCB
Q3 25
0.56×
Q2 25
0.63×
Q2 24
2.11×
Q2 23
9.49×
Q2 22
8.68×

Cash Flow & Capital Efficiency

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

Metric
MLCI
MLCI
SPCB
SPCB
Operating Cash FlowLast quarter
$-25.6M
$-2.2M
Free Cash FlowOCF − Capex
$-3.6M
FCF MarginFCF / Revenue
-25.3%
Capex IntensityCapex / Revenue
10.0%
Cash ConversionOCF / Net Profit
-0.41×
TTM Free Cash FlowTrailing 4 quarters
$-14.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MLCI
MLCI
SPCB
SPCB
Q3 25
$-25.6M
Q2 25
$-2.2M
Q2 24
$-950.0K
Q2 23
$-3.4M
Q2 22
$-4.1M
Free Cash Flow
MLCI
MLCI
SPCB
SPCB
Q3 25
Q2 25
$-3.6M
Q2 24
$-1.6M
Q2 23
$-4.5M
Q2 22
$-4.4M
FCF Margin
MLCI
MLCI
SPCB
SPCB
Q3 25
Q2 25
-25.3%
Q2 24
-10.8%
Q2 23
-31.5%
Q2 22
-70.4%
Capex Intensity
MLCI
MLCI
SPCB
SPCB
Q3 25
Q2 25
10.0%
Q2 24
4.2%
Q2 23
7.4%
Q2 22
4.4%
Cash Conversion
MLCI
MLCI
SPCB
SPCB
Q3 25
Q2 25
-0.41×
Q2 24
-0.32×
Q2 23
Q2 22

Financial Flow Comparison

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

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