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Side-by-side financial comparison of MakeMyTrip Ltd (MMYT) and RCI HOSPITALITY HOLDINGS, INC. (RICK). Click either name above to swap in a different company.

MakeMyTrip Ltd is the larger business by last-quarter revenue ($88.6M vs $70.9M, roughly 1.2× RCI HOSPITALITY HOLDINGS, INC.). On growth, MakeMyTrip Ltd posted the faster year-over-year revenue change (11.8% vs -3.1%).

MakeMyTrip Limited is an Indian online travel company, headquartered in Gurgaon. Founded in 2000, it operates an online travel-booking platform for travel services such as airline tickets, hotel reservations, holiday packages, and rail and bus tickets. The company also maintains offices outside India, including locations in New York, Singapore, Kuala Lumpur, Phuket, Bangkok, Dubai and Istanbul.

RCI Hospitality Holdings, Inc., through its subsidiaries, operates strip clubs, nightclubs, sports bars/restaurants, and a media and convention company that serves the adult club industry. RCI went public with an IPO in 1995 is listed on The NASDAQ Global Market under the symbol RICK.

MMYT vs RICK — Head-to-Head

Bigger by revenue
MMYT
MMYT
1.2× larger
MMYT
$88.6M
$70.9M
RICK
Growing faster (revenue YoY)
MMYT
MMYT
+15.0% gap
MMYT
11.8%
-3.1%
RICK

Income Statement — Q4 FY2022 vs Q4 FY2025

Metric
MMYT
MMYT
RICK
RICK
Revenue
$88.6M
$70.9M
Net Profit
$-5.5M
Gross Margin
Operating Margin
3.8%
-0.7%
Net Margin
-7.8%
Revenue YoY
11.8%
-3.1%
Net Profit YoY
-2354.9%
EPS (diluted)
$-0.60

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
MMYT
MMYT
RICK
RICK
Q3 25
$70.9M
Q2 25
$71.1M
Q1 25
$65.9M
Q4 24
$71.5M
Q3 24
$73.2M
Q2 24
$76.2M
Q1 24
$72.3M
Q4 23
$73.9M
Net Profit
MMYT
MMYT
RICK
RICK
Q3 25
$-5.5M
Q2 25
$4.1M
Q1 25
$3.2M
Q4 24
$9.0M
Q3 24
$244.0K
Q2 24
$-5.2M
Q1 24
$774.0K
Q4 23
$7.2M
Operating Margin
MMYT
MMYT
RICK
RICK
Q3 25
-0.7%
Q2 25
12.2%
Q1 25
12.4%
Q4 24
19.5%
Q3 24
4.8%
Q2 24
-3.3%
Q1 24
6.4%
Q4 23
17.8%
Net Margin
MMYT
MMYT
RICK
RICK
Q3 25
-7.8%
Q2 25
5.7%
Q1 25
4.9%
Q4 24
12.6%
Q3 24
0.3%
Q2 24
-6.9%
Q1 24
1.1%
Q4 23
9.8%
EPS (diluted)
MMYT
MMYT
RICK
RICK
Q3 25
$-0.60
Q2 25
$0.46
Q1 25
$0.36
Q4 24
$1.01
Q3 24
$0.04
Q2 24
$-0.56
Q1 24
$0.08
Q4 23
$0.77

Balance Sheet & Financial Strength

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

Metric
MMYT
MMYT
RICK
RICK
Cash + ST InvestmentsLiquidity on hand
$213.3M
$33.7M
Total DebtLower is stronger
$238.2M
Stockholders' EquityBook value
$896.5M
$261.1M
Total Assets
$1.3B
$596.9M
Debt / EquityLower = less leverage
0.91×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MMYT
MMYT
RICK
RICK
Q3 25
$33.7M
Q2 25
$29.3M
Q1 25
$32.7M
Q4 24
$34.7M
Q3 24
$32.4M
Q2 24
$34.9M
Q1 24
$20.0M
Q4 23
$21.2M
Total Debt
MMYT
MMYT
RICK
RICK
Q3 25
$238.2M
Q2 25
$243.8M
Q1 25
$244.1M
Q4 24
Q3 24
$241.1M
Q2 24
Q1 24
Q4 23
Stockholders' Equity
MMYT
MMYT
RICK
RICK
Q3 25
$261.1M
Q2 25
$269.5M
Q1 25
$268.8M
Q4 24
$269.0M
Q3 24
$263.4M
Q2 24
$271.2M
Q1 24
$285.8M
Q4 23
$286.6M
Total Assets
MMYT
MMYT
RICK
RICK
Q3 25
$596.9M
Q2 25
$597.4M
Q1 25
$589.8M
Q4 24
$586.2M
Q3 24
$584.4M
Q2 24
$601.0M
Q1 24
$609.9M
Q4 23
$619.2M
Debt / Equity
MMYT
MMYT
RICK
RICK
Q3 25
0.91×
Q2 25
0.90×
Q1 25
0.91×
Q4 24
Q3 24
0.92×
Q2 24
Q1 24
Q4 23

Cash Flow & Capital Efficiency

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

Metric
MMYT
MMYT
RICK
RICK
Operating Cash FlowLast quarter
$13.7M
Free Cash FlowOCF − Capex
$11.5M
FCF MarginFCF / Revenue
16.2%
Capex IntensityCapex / Revenue
3.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$34.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MMYT
MMYT
RICK
RICK
Q3 25
$13.7M
Q2 25
$13.8M
Q1 25
$8.5M
Q4 24
$13.3M
Q3 24
$15.7M
Q2 24
$15.8M
Q1 24
$10.8M
Q4 23
$13.6M
Free Cash Flow
MMYT
MMYT
RICK
RICK
Q3 25
$11.5M
Q2 25
$10.1M
Q1 25
$5.7M
Q4 24
$7.6M
Q3 24
$10.3M
Q2 24
$9.3M
Q1 24
$3.2M
Q4 23
$8.5M
FCF Margin
MMYT
MMYT
RICK
RICK
Q3 25
16.2%
Q2 25
14.2%
Q1 25
8.6%
Q4 24
10.6%
Q3 24
14.0%
Q2 24
12.3%
Q1 24
4.4%
Q4 23
11.5%
Capex Intensity
MMYT
MMYT
RICK
RICK
Q3 25
3.2%
Q2 25
5.2%
Q1 25
4.3%
Q4 24
8.0%
Q3 24
7.3%
Q2 24
8.4%
Q1 24
10.6%
Q4 23
6.9%
Cash Conversion
MMYT
MMYT
RICK
RICK
Q3 25
Q2 25
3.40×
Q1 25
2.65×
Q4 24
1.48×
Q3 24
64.14×
Q2 24
Q1 24
14.00×
Q4 23
1.89×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MMYT
MMYT

Segment breakdown not available.

RICK
RICK

Transferred At Point In Time$60.8M86%
Food And Merchandise$10.4M15%

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