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Side-by-side financial comparison of New Gold Inc. (NGD) and Voyager Technologies, Inc. (VOYG). Click either name above to swap in a different company.

New Gold Inc. is the larger business by last-quarter revenue ($44.1M vs $39.6M, roughly 1.1× Voyager Technologies, 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.

NGD vs VOYG — Head-to-Head

Bigger by revenue
NGD
NGD
1.1× larger
NGD
$44.1M
$39.6M
VOYG

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
NGD
NGD
VOYG
VOYG
Revenue
$44.1M
$39.6M
Net Profit
$-16.3M
Gross Margin
15.4%
Operating Margin
-60.7%
Net Margin
-41.1%
Revenue YoY
Net Profit YoY
EPS (diluted)
$-0.28

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
VOYG
VOYG
Q3 25
$44.1M
$39.6M
Q2 25
$45.7M
Net Profit
NGD
NGD
VOYG
VOYG
Q3 25
$-16.3M
Q2 25
$-31.4M
Gross Margin
NGD
NGD
VOYG
VOYG
Q3 25
15.4%
Q2 25
18.0%
Operating Margin
NGD
NGD
VOYG
VOYG
Q3 25
-60.7%
Q2 25
-52.8%
Net Margin
NGD
NGD
VOYG
VOYG
Q3 25
-41.1%
Q2 25
-68.7%
EPS (diluted)
NGD
NGD
VOYG
VOYG
Q3 25
$-0.28
Q2 25
$-1.23

Balance Sheet & Financial Strength

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

Metric
NGD
NGD
VOYG
VOYG
Cash + ST InvestmentsLiquidity on hand
$413.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$590.9M
Total Assets
$727.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NGD
NGD
VOYG
VOYG
Q3 25
$413.3M
Q2 25
$468.9M
Stockholders' Equity
NGD
NGD
VOYG
VOYG
Q3 25
$590.9M
Q2 25
$554.7M
Total Assets
NGD
NGD
VOYG
VOYG
Q3 25
$727.8M
Q2 25
$685.3M

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
VOYG
VOYG
Operating Cash FlowLast quarter
$-15.1M
Free Cash FlowOCF − Capex
$-53.8M
FCF MarginFCF / Revenue
-135.8%
Capex IntensityCapex / Revenue
97.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NGD
NGD
VOYG
VOYG
Q3 25
$-15.1M
Q2 25
$-30.9M
Free Cash Flow
NGD
NGD
VOYG
VOYG
Q3 25
$-53.8M
Q2 25
$-88.8M
FCF Margin
NGD
NGD
VOYG
VOYG
Q3 25
-135.8%
Q2 25
-194.4%
Capex Intensity
NGD
NGD
VOYG
VOYG
Q3 25
97.8%
Q2 25
126.7%

Financial Flow Comparison

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

Revenue Breakdown by Segment

NGD
NGD

Segment breakdown not available.

VOYG
VOYG

US Government$26.9M68%
Space Solutions$11.7M30%
Other$1.0M3%

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