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Side-by-side financial comparison of MIND CTI LTD (MNDO) and SWK Holdings Corp (SWKH). Click either name above to swap in a different company.
SWK Holdings Corp is the larger business by last-quarter revenue ($8.7M vs $4.9M, roughly 1.8× MIND CTI LTD). SWK Holdings Corp produced more free cash flow last quarter ($26.8M vs $4.0M). Over the past eight quarters, SWK Holdings Corp's revenue compounded faster (-12.5% CAGR vs -45.1%).
MIND CTI Ltd. is a global provider of billing and customer care solutions and messaging services for voice, data, video and content services. Headquartered in Yokneam, Israel; the company also has offices in the United States of America, Iaşi in Romania and in Germany.
SWK Holdings Corp is a specialty finance firm focused on the healthcare and life sciences sectors. It provides tailored financing solutions including royalty monetization, structured debt, and asset-backed lending to biotech, pharmaceutical, medical device and diagnostic companies, with its core market centered in North America.
MNDO vs SWKH — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $4.9M | $8.7M |
| Net Profit | $950.0K | $-19.4M |
| Gross Margin | 55.4% | — |
| Operating Margin | 16.5% | 9.9% |
| Net Margin | 19.4% | — |
| Revenue YoY | — | -29.7% |
| Net Profit YoY | — | -430.2% |
| EPS (diluted) | $0.05 | $-1.59 |
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 | $4.9M | $8.7M | ||
| Q3 25 | $16.2M | $10.9M | ||
| Q2 25 | $11.0M | $10.1M | ||
| Q1 25 | — | $11.8M | ||
| Q4 24 | $5.2M | $12.4M | ||
| Q3 24 | $16.0M | $10.4M | ||
| Q2 24 | $10.7M | $10.8M | ||
| Q1 24 | — | $11.4M |
| Q4 25 | $950.0K | $-19.4M | ||
| Q3 25 | $3.4M | $8.8M | ||
| Q2 25 | $2.5M | $3.5M | ||
| Q1 25 | — | $4.5M | ||
| Q4 24 | $1.2M | $5.9M | ||
| Q3 24 | $3.7M | $3.5M | ||
| Q2 24 | $2.5M | $3.7M | ||
| Q1 24 | — | $468.0K |
| Q4 25 | 55.4% | — | ||
| Q3 25 | 48.3% | — | ||
| Q2 25 | 50.6% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 55.6% | — | ||
| Q3 24 | 50.6% | — | ||
| Q2 24 | 50.4% | — | ||
| Q1 24 | — | — |
| Q4 25 | 16.5% | 9.9% | ||
| Q3 25 | 18.8% | 61.3% | ||
| Q2 25 | 21.0% | 46.1% | ||
| Q1 25 | — | 68.6% | ||
| Q4 24 | 25.4% | 44.7% | ||
| Q3 24 | 22.5% | 39.2% | ||
| Q2 24 | 22.2% | 8.3% | ||
| Q1 24 | — | 9.5% |
| Q4 25 | 19.4% | — | ||
| Q3 25 | 20.9% | 80.7% | ||
| Q2 25 | 22.3% | 35.2% | ||
| Q1 25 | — | 38.4% | ||
| Q4 24 | 23.8% | 47.5% | ||
| Q3 24 | 23.3% | 33.3% | ||
| Q2 24 | 23.1% | 33.9% | ||
| Q1 24 | — | 4.1% |
| Q4 25 | $0.05 | $-1.59 | ||
| Q3 25 | $0.16 | $0.72 | ||
| Q2 25 | $0.12 | $0.29 | ||
| Q1 25 | — | $0.37 | ||
| Q4 24 | $0.06 | $0.47 | ||
| Q3 24 | $0.18 | $0.28 | ||
| Q2 24 | $0.12 | $0.30 | ||
| Q1 24 | — | $0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $8.3M | $42.8M |
| Total DebtLower is stronger | — | $33.0M |
| Stockholders' EquityBook value | $23.0M | $235.1M |
| Total Assets | $30.2M | $272.4M |
| Debt / EquityLower = less leverage | — | 0.14× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $8.3M | $42.8M | ||
| Q3 25 | $4.5M | $10.2M | ||
| Q2 25 | $4.5M | $8.0M | ||
| Q1 25 | — | $29.8M | ||
| Q4 24 | $4.6M | $5.9M | ||
| Q3 24 | $3.0M | $17.2M | ||
| Q2 24 | $3.0M | $5.5M | ||
| Q1 24 | — | $5.5M |
| Q4 25 | — | $33.0M | ||
| Q3 25 | — | $33.0M | ||
| Q2 25 | — | $33.0M | ||
| Q1 25 | — | $33.0M | ||
| Q4 24 | — | $33.0M | ||
| Q3 24 | — | $33.0M | ||
| Q2 24 | — | $33.0M | ||
| Q1 24 | — | $33.0M |
| Q4 25 | $23.0M | $235.1M | ||
| Q3 25 | $24.3M | $254.2M | ||
| Q2 25 | $24.3M | $246.5M | ||
| Q1 25 | — | $292.7M | ||
| Q4 24 | $24.3M | $288.7M | ||
| Q3 24 | $24.5M | $283.4M | ||
| Q2 24 | $24.5M | $282.8M | ||
| Q1 24 | — | $279.9M |
| Q4 25 | $30.2M | $272.4M | ||
| Q3 25 | $30.7M | $289.4M | ||
| Q2 25 | $30.7M | $285.7M | ||
| Q1 25 | — | $331.3M | ||
| Q4 24 | $30.7M | $332.2M | ||
| Q3 24 | $31.6M | $321.3M | ||
| Q2 24 | $31.6M | $321.0M | ||
| Q1 24 | — | $322.0M |
| Q4 25 | — | 0.14× | ||
| Q3 25 | — | 0.13× | ||
| Q2 25 | — | 0.13× | ||
| Q1 25 | — | 0.11× | ||
| Q4 24 | — | 0.11× | ||
| Q3 24 | — | 0.12× | ||
| Q2 24 | — | 0.12× | ||
| Q1 24 | — | 0.12× |
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 | $4.0M | $27.3M |
| Free Cash FlowOCF − Capex | $4.0M | $26.8M |
| FCF MarginFCF / Revenue | 81.0% | 308.1% |
| Capex IntensityCapex / Revenue | 0.6% | 5.9% |
| Cash ConversionOCF / Net Profit | 4.20× | — |
| TTM Free Cash FlowTrailing 4 quarters | $14.7M | $43.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.0M | $27.3M | ||
| Q3 25 | $3.8M | $906.0K | ||
| Q2 25 | $2.9M | $7.8M | ||
| Q1 25 | — | $8.3M | ||
| Q4 24 | $4.1M | $23.0M | ||
| Q3 24 | $3.4M | $6.3M | ||
| Q2 24 | $2.4M | $5.4M | ||
| Q1 24 | — | $4.4M |
| Q4 25 | $4.0M | $26.8M | ||
| Q3 25 | $3.8M | $557.0K | ||
| Q2 25 | $2.9M | $7.7M | ||
| Q1 25 | — | $8.2M | ||
| Q4 24 | $4.1M | $22.9M | ||
| Q3 24 | $3.3M | $6.3M | ||
| Q2 24 | $2.4M | $5.4M | ||
| Q1 24 | — | — |
| Q4 25 | 81.0% | 308.1% | ||
| Q3 25 | 23.4% | 5.1% | ||
| Q2 25 | 25.8% | 77.0% | ||
| Q1 25 | — | 69.1% | ||
| Q4 24 | 78.9% | 185.3% | ||
| Q3 24 | 20.8% | 60.4% | ||
| Q2 24 | 22.1% | 49.7% | ||
| Q1 24 | — | — |
| Q4 25 | 0.6% | 5.9% | ||
| Q3 25 | 0.0% | 3.2% | ||
| Q2 25 | 0.0% | 0.6% | ||
| Q1 25 | — | 0.8% | ||
| Q4 24 | 0.2% | 1.1% | ||
| Q3 24 | 0.3% | 0.3% | ||
| Q2 24 | 0.4% | 0.2% | ||
| Q1 24 | — | 0.0% |
| Q4 25 | 4.20× | — | ||
| Q3 25 | 1.12× | 0.10× | ||
| Q2 25 | 1.16× | 2.21× | ||
| Q1 25 | — | 1.82× | ||
| Q4 24 | 3.32× | 3.93× | ||
| Q3 24 | 0.91× | 1.82× | ||
| Q2 24 | 0.97× | 1.47× | ||
| Q1 24 | — | 9.47× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MNDO
Segment breakdown not available.
SWKH
| Finance Receivables Segment | $8.4M | 96% |
| Other | $329.0K | 4% |
