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Side-by-side financial comparison of EMERSON RADIO CORP (MSN) and Onfolio Holdings, Inc (ONFO). Click either name above to swap in a different company.

Onfolio Holdings, Inc is the larger business by last-quarter revenue ($2.0M vs $1.9M, roughly 1.1× EMERSON RADIO CORP). Onfolio Holdings, Inc runs the higher net margin — -27.0% vs -36.7%, a 9.7% gap on every dollar of revenue. On growth, Onfolio Holdings, Inc posted the faster year-over-year revenue change (-20.1% vs -52.8%). Over the past eight quarters, Onfolio Holdings, Inc's revenue compounded faster (13.0% 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.

Onfolio Holdings Inc. acquires, manages and grows a diversified portfolio of small to medium-sized online businesses, including niche content sites, e-commerce stores, and SaaS tools. It operates primarily in North America and Western Europe, focusing on high-margin, sustainable digital assets with stable revenue streams.

MSN vs ONFO — Head-to-Head

Bigger by revenue
ONFO
ONFO
1.1× larger
ONFO
$2.0M
$1.9M
MSN
Growing faster (revenue YoY)
ONFO
ONFO
+32.7% gap
ONFO
-20.1%
-52.8%
MSN
Higher net margin
ONFO
ONFO
9.7% more per $
ONFO
-27.0%
-36.7%
MSN
Faster 2-yr revenue CAGR
ONFO
ONFO
Annualised
ONFO
13.0%
-7.3%
MSN

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
MSN
MSN
ONFO
ONFO
Revenue
$1.9M
$2.0M
Net Profit
$-694.0K
$-547.1K
Gross Margin
10.9%
50.0%
Operating Margin
-43.7%
-59.1%
Net Margin
-36.7%
-27.0%
Revenue YoY
-52.8%
-20.1%
Net Profit YoY
-31.7%
-69.0%
EPS (diluted)
$-0.03
$-0.37

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
MSN
MSN
ONFO
ONFO
Q4 25
$1.9M
$2.0M
Q3 25
$1.2M
$2.7M
Q2 25
$1.7M
$3.1M
Q1 25
$1.8M
$2.8M
Q4 24
$4.0M
$2.5M
Q3 24
$2.7M
$2.0M
Q2 24
$2.2M
$1.7M
Q1 24
$2.2M
$1.6M
Net Profit
MSN
MSN
ONFO
ONFO
Q4 25
$-694.0K
$-547.1K
Q3 25
$-1.0M
$-700.7K
Q2 25
$-1.1M
$-534.4K
Q1 25
$-2.4M
$-806.4K
Q4 24
$-527.0K
$-323.8K
Q3 24
$-881.0K
$-335.6K
Q2 24
$-962.0K
$-629.0K
Q1 24
$-883.0K
$-477.8K
Gross Margin
MSN
MSN
ONFO
ONFO
Q4 25
10.9%
50.0%
Q3 25
-0.1%
64.6%
Q2 25
0.7%
61.6%
Q1 25
-3.0%
60.7%
Q4 24
12.3%
53.6%
Q3 24
9.9%
59.9%
Q2 24
8.8%
56.5%
Q1 24
15.9%
63.3%
Operating Margin
MSN
MSN
ONFO
ONFO
Q4 25
-43.7%
-59.1%
Q3 25
-98.4%
-9.8%
Q2 25
-78.1%
-16.1%
Q1 25
-137.8%
-27.9%
Q4 24
-18.3%
-43.9%
Q3 24
-40.8%
-16.5%
Q2 24
-55.6%
-35.1%
Q1 24
-52.2%
-28.7%
Net Margin
MSN
MSN
ONFO
ONFO
Q4 25
-36.7%
-27.0%
Q3 25
-85.8%
-25.6%
Q2 25
-68.1%
-17.0%
Q1 25
-127.9%
-28.7%
Q4 24
-13.2%
-12.8%
Q3 24
-32.2%
-16.7%
Q2 24
-43.8%
-36.4%
Q1 24
-40.1%
-30.1%
EPS (diluted)
MSN
MSN
ONFO
ONFO
Q4 25
$-0.03
$-0.37
Q3 25
$-0.05
$-0.16
Q2 25
$-0.05
$0.13
Q1 25
$-0.10
$-0.18
Q4 24
$-0.03
$-0.36
Q3 24
$-0.04
$-0.08
Q2 24
$-0.05
$0.14
Q1 24
$-0.04
$-0.11

Balance Sheet & Financial Strength

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

Metric
MSN
MSN
ONFO
ONFO
Cash + ST InvestmentsLiquidity on hand
$13.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$18.6M
$2.5M
Total Assets
$20.1M
$11.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MSN
MSN
ONFO
ONFO
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
$529.8K
Stockholders' Equity
MSN
MSN
ONFO
ONFO
Q4 25
$18.6M
$2.5M
Q3 25
$19.3M
$2.2M
Q2 25
$20.4M
$3.1M
Q1 25
$21.5M
$3.6M
Q4 24
$23.9M
$3.3M
Q3 24
$24.4M
$3.9M
Q2 24
$25.3M
$4.5M
Q1 24
$26.2M
$5.2M
Total Assets
MSN
MSN
ONFO
ONFO
Q4 25
$20.1M
$11.4M
Q3 25
$20.7M
$8.3M
Q2 25
$23.3M
$8.8M
Q1 25
$23.5M
$9.4M
Q4 24
$26.4M
$9.6M
Q3 24
$26.6M
$8.6M
Q2 24
$28.5M
$8.9M
Q1 24
$29.1M
$8.7M

Cash Flow & Capital Efficiency

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

Metric
MSN
MSN
ONFO
ONFO
Operating Cash FlowLast quarter
$-228.0K
$-397.3K
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
MSN
MSN
ONFO
ONFO
Q4 25
$-228.0K
$-397.3K
Q3 25
$-2.0M
$34.2K
Q2 25
$-514.0K
$-430.1K
Q1 25
$-391.0K
$-145.0K
Q4 24
$-293.0K
$-471.6K
Q3 24
$-2.1M
$67.0K
Q2 24
$-840.0K
$-332.7K
Q1 24
$-2.2M
$-431.0K
Free Cash Flow
MSN
MSN
ONFO
ONFO
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$-301.0K
Q3 24
$-2.1M
Q2 24
$-1.0M
Q1 24
$-2.3M
FCF Margin
MSN
MSN
ONFO
ONFO
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
-7.5%
Q3 24
-77.8%
Q2 24
-46.4%
Q1 24
-102.3%
Capex Intensity
MSN
MSN
ONFO
ONFO
Q4 25
0.0%
Q3 25
0.0%
Q2 25
0.0%
Q1 25
0.0%
Q4 24
0.2%
Q3 24
0.3%
Q2 24
8.2%
Q1 24
0.5%

Financial Flow Comparison

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

Revenue Breakdown by Segment

MSN
MSN

Products$1.8M95%
Other$87.0K5%

ONFO
ONFO

B Two B$1.6M81%
B Two C$243.0K12%
Other$138.6K7%

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