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Side-by-side financial comparison of New Gold Inc. (NGD) and VIRCO MFG CORPORATION (VIRC). Click either name above to swap in a different company.

VIRCO MFG CORPORATION is the larger business by last-quarter revenue ($47.6M vs $44.1M, roughly 1.1× New Gold Inc.).

JB Hi-Fi Limited is an Australian consumer electronics retail company. It is publicly listed on the Australian Securities Exchange. Its headquarters are located in Southbank, Melbourne, Victoria.

The Virco Manufacturing Corporation, more commonly known as Virco, is an American furniture manufacturer based in Torrance, California which focuses on providing products for educational markets. The principal products of the company include student desks and activity tables, school and office seating, computer stations, lightweight folding tables, and upholstered chairs.

NGD vs VIRC — Head-to-Head

Bigger by revenue
VIRC
VIRC
1.1× larger
VIRC
$47.6M
$44.1M
NGD

Income Statement — Q3 FY2025 vs Q3 FY2026

Metric
NGD
NGD
VIRC
VIRC
Revenue
$44.1M
$47.6M
Net Profit
$-1.3M
Gross Margin
38.0%
Operating Margin
-3.6%
Net Margin
-2.8%
Revenue YoY
-42.3%
Net Profit YoY
-115.8%
EPS (diluted)
$-0.08

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
NGD
NGD
VIRC
VIRC
Q4 25
$47.6M
Q3 25
$44.1M
$92.1M
Q2 25
$33.8M
Q1 25
$28.5M
Q4 24
$82.6M
Q3 24
$108.4M
Q2 24
$46.7M
Q1 24
$42.6M
Net Profit
NGD
NGD
VIRC
VIRC
Q4 25
$-1.3M
Q3 25
$10.2M
Q2 25
$732.0K
Q1 25
$-5.7M
Q4 24
$8.4M
Q3 24
$16.8M
Q2 24
$2.1M
Q1 24
$-2.3M
Gross Margin
NGD
NGD
VIRC
VIRC
Q4 25
38.0%
Q3 25
44.4%
Q2 25
47.5%
Q1 25
26.2%
Q4 24
44.4%
Q3 24
46.3%
Q2 24
43.5%
Q1 24
37.7%
Operating Margin
NGD
NGD
VIRC
VIRC
Q4 25
-3.6%
Q3 25
16.7%
Q2 25
-0.3%
Q1 25
-28.5%
Q4 24
13.5%
Q3 24
20.2%
Q2 24
6.4%
Q1 24
-6.5%
Net Margin
NGD
NGD
VIRC
VIRC
Q4 25
-2.8%
Q3 25
11.1%
Q2 25
2.2%
Q1 25
-20.1%
Q4 24
10.2%
Q3 24
15.5%
Q2 24
4.6%
Q1 24
-5.5%
EPS (diluted)
NGD
NGD
VIRC
VIRC
Q4 25
$-0.08
Q3 25
$0.65
Q2 25
$0.05
Q1 25
$-0.37
Q4 24
$0.52
Q3 24
$1.04
Q2 24
$0.13
Q1 24
$-0.14

Balance Sheet & Financial Strength

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

Metric
NGD
NGD
VIRC
VIRC
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$3.9M
Stockholders' EquityBook value
$113.6M
Total Assets
$181.5M
Debt / EquityLower = less leverage
0.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NGD
NGD
VIRC
VIRC
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
$5.3M
Total Debt
NGD
NGD
VIRC
VIRC
Q4 25
$3.9M
Q3 25
$4.0M
Q2 25
$4.1M
Q1 25
$4.1M
Q4 24
$4.2M
Q3 24
$4.3M
Q2 24
$7.0M
Q1 24
$4.4M
Stockholders' Equity
NGD
NGD
VIRC
VIRC
Q4 25
$113.6M
Q3 25
$115.4M
Q2 25
$105.6M
Q1 25
$109.3M
Q4 24
$115.9M
Q3 24
$107.8M
Q2 24
$91.6M
Q1 24
$91.2M
Total Assets
NGD
NGD
VIRC
VIRC
Q4 25
$181.5M
Q3 25
$198.6M
Q2 25
$183.8M
Q1 25
$191.9M
Q4 24
$210.1M
Q3 24
$216.3M
Q2 24
$152.5M
Q1 24
$146.4M
Debt / Equity
NGD
NGD
VIRC
VIRC
Q4 25
0.03×
Q3 25
0.03×
Q2 25
0.04×
Q1 25
0.04×
Q4 24
0.04×
Q3 24
0.04×
Q2 24
0.08×
Q1 24
0.05×

Cash Flow & Capital Efficiency

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

Metric
NGD
NGD
VIRC
VIRC
Operating Cash FlowLast quarter
$25.8M
Free Cash FlowOCF − Capex
$24.5M
FCF MarginFCF / Revenue
51.5%
Capex IntensityCapex / Revenue
2.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-4.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NGD
NGD
VIRC
VIRC
Q4 25
$25.8M
Q3 25
$3.2M
Q2 25
$-19.0M
Q1 25
$-8.3M
Q4 24
$33.5M
Q3 24
$12.5M
Q2 24
$-4.5M
Q1 24
$4.7M
Free Cash Flow
NGD
NGD
VIRC
VIRC
Q4 25
$24.5M
Q3 25
$1.8M
Q2 25
$-21.5M
Q1 25
$-9.2M
Q4 24
$31.0M
Q3 24
$10.7M
Q2 24
$-5.6M
Q1 24
$4.0M
FCF Margin
NGD
NGD
VIRC
VIRC
Q4 25
51.5%
Q3 25
2.0%
Q2 25
-63.6%
Q1 25
-32.4%
Q4 24
37.5%
Q3 24
9.8%
Q2 24
-12.0%
Q1 24
9.5%
Capex Intensity
NGD
NGD
VIRC
VIRC
Q4 25
2.7%
Q3 25
1.5%
Q2 25
7.2%
Q1 25
3.3%
Q4 24
3.0%
Q3 24
1.7%
Q2 24
2.3%
Q1 24
1.5%
Cash Conversion
NGD
NGD
VIRC
VIRC
Q4 25
Q3 25
0.31×
Q2 25
-26.00×
Q1 25
Q4 24
3.98×
Q3 24
0.74×
Q2 24
-2.11×
Q1 24

Financial Flow Comparison

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

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