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Side-by-side financial comparison of McEwen Inc. (MUX) and RICHARDSON ELECTRONICS, LTD. (RELL). Click either name above to swap in a different company.

McEwen Inc. is the larger business by last-quarter revenue ($64.6M vs $52.3M, roughly 1.2× RICHARDSON ELECTRONICS, LTD.). McEwen Inc. runs the higher net margin — 59.0% vs -0.2%, a 59.2% gap on every dollar of revenue. On growth, McEwen Inc. posted the faster year-over-year revenue change (92.8% vs 5.7%). Over the past eight quarters, McEwen Inc.'s revenue compounded faster (25.2% CAGR vs -0.3%).

McEwen Inc (ticker MUX) is a natural resource company primarily engaged in the exploration, development, and production of gold, silver, and copper assets. Its core operations are located across North and South America, serving global commodity markets with a focus on sustainable, responsible mining practices.

The James Richardson Corporation, also going by the name James Richardson Group or JR/Group, is an Australian furniture, hospitality, real estate and retail corporation, headquartered in the Abbotsford suburb of Melbourne, Australia. It is privately owned and employs approximately 2,300 people worldwide. It is perhaps best known among consumers for its duty-free retail stores in airports and border crossings in Australasia and the Middle East. The company is a household name in Israel due to ...

MUX vs RELL — Head-to-Head

Bigger by revenue
MUX
MUX
1.2× larger
MUX
$64.6M
$52.3M
RELL
Growing faster (revenue YoY)
MUX
MUX
+87.1% gap
MUX
92.8%
5.7%
RELL
Higher net margin
MUX
MUX
59.2% more per $
MUX
59.0%
-0.2%
RELL
Faster 2-yr revenue CAGR
MUX
MUX
Annualised
MUX
25.2%
-0.3%
RELL

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
MUX
MUX
RELL
RELL
Revenue
$64.6M
$52.3M
Net Profit
$38.1M
$-121.0K
Gross Margin
26.9%
30.7%
Operating Margin
34.2%
0.3%
Net Margin
59.0%
-0.2%
Revenue YoY
92.8%
5.7%
Net Profit YoY
563.1%
83.9%
EPS (diluted)
$0.66

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
MUX
MUX
RELL
RELL
Q4 25
$64.6M
$52.3M
Q3 25
$50.5M
$54.6M
Q2 25
$46.7M
Q1 25
$35.7M
$53.8M
Q4 24
$33.5M
$49.5M
Q3 24
$52.3M
$53.7M
Q2 24
$47.5M
Q1 24
$41.2M
$52.4M
Net Profit
MUX
MUX
RELL
RELL
Q4 25
$38.1M
$-121.0K
Q3 25
$-462.0K
$1.9M
Q2 25
$3.0M
Q1 25
$-6.3M
$-2.1M
Q4 24
$-8.2M
$-751.0K
Q3 24
$-2.1M
$590.0K
Q2 24
$-13.0M
Q1 24
$-20.4M
$750.0K
Gross Margin
MUX
MUX
RELL
RELL
Q4 25
26.9%
30.7%
Q3 25
15.5%
31.0%
Q2 25
26.3%
Q1 25
28.2%
31.0%
Q4 24
1.1%
31.0%
Q3 24
26.4%
30.6%
Q2 24
22.7%
Q1 24
14.6%
29.5%
Operating Margin
MUX
MUX
RELL
RELL
Q4 25
34.2%
0.3%
Q3 25
-16.7%
1.8%
Q2 25
-7.2%
Q1 25
-21.4%
-5.1%
Q4 24
-43.4%
-1.3%
Q3 24
-0.2%
0.6%
Q2 24
-29.4%
Q1 24
-53.3%
1.9%
Net Margin
MUX
MUX
RELL
RELL
Q4 25
59.0%
-0.2%
Q3 25
-0.9%
3.5%
Q2 25
6.5%
Q1 25
-17.6%
-3.8%
Q4 24
-24.6%
-1.5%
Q3 24
-4.0%
1.1%
Q2 24
-27.4%
Q1 24
-49.4%
1.4%
EPS (diluted)
MUX
MUX
RELL
RELL
Q4 25
$0.66
Q3 25
$-0.01
Q2 25
$0.06
Q1 25
$-0.12
Q4 24
$-0.15
Q3 24
$-0.04
Q2 24
$-0.26
Q1 24
$-0.41

Balance Sheet & Financial Strength

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

Metric
MUX
MUX
RELL
RELL
Cash + ST InvestmentsLiquidity on hand
$72.1M
$33.1M
Total DebtLower is stronger
$126.2M
Stockholders' EquityBook value
$546.2M
$158.5M
Total Assets
$820.2M
$201.8M
Debt / EquityLower = less leverage
0.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MUX
MUX
RELL
RELL
Q4 25
$72.1M
$33.1M
Q3 25
$75.4M
$35.7M
Q2 25
$69.5M
Q1 25
$79.3M
$36.7M
Q4 24
$15.3M
$26.6M
Q3 24
$30.2M
$23.0M
Q2 24
$42.6M
Q1 24
$22.0M
$18.9M
Total Debt
MUX
MUX
RELL
RELL
Q4 25
$126.2M
Q3 25
$126.0M
Q2 25
$125.8M
Q1 25
$125.5M
Q4 24
$40.0M
Q3 24
$31.0M
Q2 24
$34.0M
Q1 24
$37.0M
Stockholders' Equity
MUX
MUX
RELL
RELL
Q4 25
$546.2M
$158.5M
Q3 25
$488.6M
$159.4M
Q2 25
$484.5M
Q1 25
$479.8M
$152.9M
Q4 24
$495.0M
$156.2M
Q3 24
$502.1M
$159.1M
Q2 24
$485.2M
Q1 24
$482.5M
$158.6M
Total Assets
MUX
MUX
RELL
RELL
Q4 25
$820.2M
$201.8M
Q3 25
$747.6M
$200.1M
Q2 25
$735.6M
Q1 25
$730.6M
$189.8M
Q4 24
$664.6M
$195.2M
Q3 24
$667.8M
$197.9M
Q2 24
$645.1M
Q1 24
$638.7M
$193.6M
Debt / Equity
MUX
MUX
RELL
RELL
Q4 25
0.23×
Q3 25
0.26×
Q2 25
0.26×
Q1 25
0.26×
Q4 24
0.08×
Q3 24
0.06×
Q2 24
0.07×
Q1 24
0.08×

Cash Flow & Capital Efficiency

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

Metric
MUX
MUX
RELL
RELL
Operating Cash FlowLast quarter
$3.1M
$-99.0K
Free Cash FlowOCF − Capex
$-1.7M
FCF MarginFCF / Revenue
-3.3%
Capex IntensityCapex / Revenue
3.1%
Cash ConversionOCF / Net Profit
0.08×
TTM Free Cash FlowTrailing 4 quarters
$7.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MUX
MUX
RELL
RELL
Q4 25
$3.1M
$-99.0K
Q3 25
$5.2M
$1.4M
Q2 25
$478.0K
Q1 25
$-1.9M
$4.6M
Q4 24
$-1.2M
$5.5M
Q3 24
$23.2M
$412.0K
Q2 24
$3.6M
Q1 24
$3.9M
$-2.5M
Free Cash Flow
MUX
MUX
RELL
RELL
Q4 25
$-1.7M
Q3 25
$342.0K
Q2 25
Q1 25
$4.1M
Q4 24
$4.9M
Q3 24
$-514.0K
Q2 24
Q1 24
$-2.9M
FCF Margin
MUX
MUX
RELL
RELL
Q4 25
-3.3%
Q3 25
0.6%
Q2 25
Q1 25
7.5%
Q4 24
10.0%
Q3 24
-1.0%
Q2 24
Q1 24
-5.6%
Capex Intensity
MUX
MUX
RELL
RELL
Q4 25
3.1%
Q3 25
1.9%
Q2 25
Q1 25
1.0%
Q4 24
1.0%
Q3 24
1.7%
Q2 24
Q1 24
0.8%
Cash Conversion
MUX
MUX
RELL
RELL
Q4 25
0.08×
Q3 25
0.72×
Q2 25
0.16×
Q1 25
Q4 24
Q3 24
0.70×
Q2 24
Q1 24
-3.37×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MUX
MUX

Segment breakdown not available.

RELL
RELL

Power And Microwave Technologies Group$35.2M67%
Canvys$8.8M17%
Global Energy Solutions$8.3M16%

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