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Side-by-side financial comparison of MOBIX LABS, INC (MOBX) and EMERSON RADIO CORP (MSN). Click either name above to swap in a different company.

EMERSON RADIO CORP is the larger business by last-quarter revenue ($1.9M vs $1.9M, roughly 1.0× MOBIX LABS, INC). EMERSON RADIO CORP runs the higher net margin — -36.7% vs -540.0%, a 503.3% gap on every dollar of revenue. On growth, MOBIX LABS, INC posted the faster year-over-year revenue change (-40.8% vs -52.8%). Over the past eight quarters, MOBIX LABS, INC's revenue compounded faster (28.0% CAGR vs -7.3%).

Emerson Radio Corporation is one of the United States' largest volume consumer electronics distributors and has a recognized trademark in continuous use since 1912. The company designs, markets, and licenses many product lines worldwide, including products sold, and sometimes licensed, under the brand name G Clef, an homage to Emerson's logo.

MOBX vs MSN — Head-to-Head

Bigger by revenue
MSN
MSN
1.0× larger
MSN
$1.9M
$1.9M
MOBX
Growing faster (revenue YoY)
MOBX
MOBX
+11.9% gap
MOBX
-40.8%
-52.8%
MSN
Higher net margin
MSN
MSN
503.3% more per $
MSN
-36.7%
-540.0%
MOBX
Faster 2-yr revenue CAGR
MOBX
MOBX
Annualised
MOBX
28.0%
-7.3%
MSN

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
MOBX
MOBX
MSN
MSN
Revenue
$1.9M
$1.9M
Net Profit
$-10.1M
$-694.0K
Gross Margin
31.0%
10.9%
Operating Margin
-471.1%
-43.7%
Net Margin
-540.0%
-36.7%
Revenue YoY
-40.8%
-52.8%
Net Profit YoY
49.0%
-31.7%
EPS (diluted)
$-0.16
$-0.03

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
MOBX
MOBX
MSN
MSN
Q4 25
$1.9M
$1.9M
Q3 25
$1.9M
$1.2M
Q2 25
$2.4M
$1.7M
Q1 25
$2.5M
$1.8M
Q4 24
$3.2M
$4.0M
Q3 24
$3.0M
$2.7M
Q2 24
$2.1M
$2.2M
Q1 24
$1.1M
$2.2M
Net Profit
MOBX
MOBX
MSN
MSN
Q4 25
$-10.1M
$-694.0K
Q3 25
$-15.7M
$-1.0M
Q2 25
$-8.3M
$-1.1M
Q1 25
$-2.3M
$-2.4M
Q4 24
$-19.8M
$-527.0K
Q3 24
$-11.5M
$-881.0K
Q2 24
$-7.7M
$-962.0K
Q1 24
$-1.8M
$-883.0K
Gross Margin
MOBX
MOBX
MSN
MSN
Q4 25
31.0%
10.9%
Q3 25
50.5%
-0.1%
Q2 25
57.4%
0.7%
Q1 25
40.6%
-3.0%
Q4 24
53.2%
12.3%
Q3 24
56.6%
9.9%
Q2 24
35.5%
8.8%
Q1 24
16.9%
15.9%
Operating Margin
MOBX
MOBX
MSN
MSN
Q4 25
-471.1%
-43.7%
Q3 25
-834.9%
-98.4%
Q2 25
-343.4%
-78.1%
Q1 25
-311.7%
-137.8%
Q4 24
-461.7%
-18.3%
Q3 24
-378.0%
-40.8%
Q2 24
-454.2%
-55.6%
Q1 24
-747.8%
-52.2%
Net Margin
MOBX
MOBX
MSN
MSN
Q4 25
-540.0%
-36.7%
Q3 25
-835.8%
-85.8%
Q2 25
-352.0%
-68.1%
Q1 25
-91.2%
-127.9%
Q4 24
-626.0%
-13.2%
Q3 24
-390.6%
-32.2%
Q2 24
-373.1%
-43.8%
Q1 24
-153.1%
-40.1%
EPS (diluted)
MOBX
MOBX
MSN
MSN
Q4 25
$-0.16
$-0.03
Q3 25
$-0.26
$-0.05
Q2 25
$-0.17
$-0.05
Q1 25
$-0.06
$-0.10
Q4 24
$-0.52
$-0.03
Q3 24
$-0.33
$-0.04
Q2 24
$-0.25
$-0.05
Q1 24
$-0.21
$-0.04

Balance Sheet & Financial Strength

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

Metric
MOBX
MOBX
MSN
MSN
Cash + ST InvestmentsLiquidity on hand
$13.3M
Total DebtLower is stronger
$6.3M
Stockholders' EquityBook value
$4.7M
$18.6M
Total Assets
$32.7M
$20.1M
Debt / EquityLower = less leverage
1.34×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MOBX
MOBX
MSN
MSN
Q4 25
$13.3M
Q3 25
$13.5M
Q2 25
$15.5M
Q1 25
$16.1M
Q4 24
$16.4M
Q3 24
$16.7M
Q2 24
$18.9M
Q1 24
$19.9M
Total Debt
MOBX
MOBX
MSN
MSN
Q4 25
$6.3M
Q3 25
$6.2M
Q2 25
$4.4M
Q1 25
$4.6M
Q4 24
$3.6M
Q3 24
$3.4M
Q2 24
$3.2M
Q1 24
$3.2M
Stockholders' Equity
MOBX
MOBX
MSN
MSN
Q4 25
$4.7M
$18.6M
Q3 25
$-336.0K
$19.3M
Q2 25
$425.0K
$20.4M
Q1 25
$342.0K
$21.5M
Q4 24
$-3.0M
$23.9M
Q3 24
$5.5M
$24.4M
Q2 24
$8.5M
$25.3M
Q1 24
$4.2M
$26.2M
Total Assets
MOBX
MOBX
MSN
MSN
Q4 25
$32.7M
$20.1M
Q3 25
$37.1M
$20.7M
Q2 25
$34.6M
$23.3M
Q1 25
$36.5M
$23.5M
Q4 24
$37.3M
$26.4M
Q3 24
$39.1M
$26.6M
Q2 24
$41.3M
$28.5M
Q1 24
$29.5M
$29.1M
Debt / Equity
MOBX
MOBX
MSN
MSN
Q4 25
1.34×
Q3 25
Q2 25
10.26×
Q1 25
13.44×
Q4 24
Q3 24
0.62×
Q2 24
0.38×
Q1 24
0.76×

Cash Flow & Capital Efficiency

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

Metric
MOBX
MOBX
MSN
MSN
Operating Cash FlowLast quarter
$-4.8M
$-228.0K
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MOBX
MOBX
MSN
MSN
Q4 25
$-4.8M
$-228.0K
Q3 25
$-4.5M
$-2.0M
Q2 25
$-4.1M
$-514.0K
Q1 25
$-586.0K
$-391.0K
Q4 24
$-930.0K
$-293.0K
Q3 24
$-3.6M
$-2.1M
Q2 24
$-3.1M
$-840.0K
Q1 24
$-8.1M
$-2.2M
Free Cash Flow
MOBX
MOBX
MSN
MSN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$-301.0K
Q3 24
$-4.6M
$-2.1M
Q2 24
$-3.1M
$-1.0M
Q1 24
$-9.1M
$-2.3M
FCF Margin
MOBX
MOBX
MSN
MSN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
-7.5%
Q3 24
-157.1%
-77.8%
Q2 24
-151.8%
-46.4%
Q1 24
-794.1%
-102.3%
Capex Intensity
MOBX
MOBX
MSN
MSN
Q4 25
0.0%
Q3 25
0.0%
Q2 25
0.0%
Q1 25
0.0%
Q4 24
0.2%
Q3 24
34.5%
0.3%
Q2 24
2.2%
8.2%
Q1 24
87.3%
0.5%

Financial Flow Comparison

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

Revenue Breakdown by Segment

MOBX
MOBX

US$1.7M92%
Other$155.0K8%

MSN
MSN

Products$1.8M95%
Other$87.0K5%

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