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

Xponential Fitness, Inc. is the larger business by last-quarter revenue ($83.0M vs $44.1M, roughly 1.9× 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.

Xponential Fitness is one of the largest global franchisor of fitness boutiques. Its franchises operate in 49 U.S. states and 31 countries with more than 3,000 studios open. The company is headquartered in Irvine, California.

NGD vs XPOF — Head-to-Head

Bigger by revenue
XPOF
XPOF
1.9× larger
XPOF
$83.0M
$44.1M
NGD

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
NGD
NGD
XPOF
XPOF
Revenue
$44.1M
$83.0M
Net Profit
$-32.9M
Gross Margin
Operating Margin
-9.9%
Net Margin
-39.6%
Revenue YoY
-0.3%
Net Profit YoY
24.4%
EPS (diluted)
$-1.18

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
XPOF
XPOF
Q4 25
$83.0M
Q3 25
$44.1M
$78.8M
Q2 25
$76.2M
Q1 25
$76.9M
Q4 24
$83.2M
Q3 24
$80.5M
Q2 24
$76.9M
Q1 24
$79.7M
Net Profit
NGD
NGD
XPOF
XPOF
Q4 25
$-32.9M
Q3 25
$-4.9M
Q2 25
$969.0K
Q1 25
$-1.9M
Q4 24
$-43.5M
Q3 24
$-12.1M
Q2 24
$-9.6M
Q1 24
$-2.5M
Operating Margin
NGD
NGD
XPOF
XPOF
Q4 25
-9.9%
Q3 25
4.5%
Q2 25
19.5%
Q1 25
12.6%
Q4 24
-62.4%
Q3 24
-8.2%
Q2 24
-4.0%
Q1 24
10.0%
Net Margin
NGD
NGD
XPOF
XPOF
Q4 25
-39.6%
Q3 25
-6.2%
Q2 25
1.3%
Q1 25
-2.5%
Q4 24
-52.3%
Q3 24
-15.1%
Q2 24
-12.4%
Q1 24
-3.1%
EPS (diluted)
NGD
NGD
XPOF
XPOF
Q4 25
$-1.18
Q3 25
$-0.18
Q2 25
$-0.01
Q1 25
$-0.10
Q4 24
$-1.39
Q3 24
$-0.29
Q2 24
$-0.30
Q1 24
$-0.29

Balance Sheet & Financial Strength

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

Metric
NGD
NGD
XPOF
XPOF
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$525.0M
Stockholders' EquityBook value
$-269.1M
Total Assets
$345.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Total Debt
NGD
NGD
XPOF
XPOF
Q4 25
$525.0M
Q3 25
$376.4M
Q2 25
$377.8M
Q1 25
$379.1M
Q4 24
$352.4M
Q3 24
$353.8M
Q2 24
$330.1M
Q1 24
$331.4M
Stockholders' Equity
NGD
NGD
XPOF
XPOF
Q4 25
$-269.1M
Q3 25
$-230.4M
Q2 25
$-225.0M
Q1 25
$-225.2M
Q4 24
$-216.6M
Q3 24
$-155.7M
Q2 24
$-151.9M
Q1 24
$-144.4M
Total Assets
NGD
NGD
XPOF
XPOF
Q4 25
$345.6M
Q3 25
$355.3M
Q2 25
$399.8M
Q1 25
$412.4M
Q4 24
$403.4M
Q3 24
$472.2M
Q2 24
$475.2M
Q1 24
$508.4M

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
XPOF
XPOF
Operating Cash FlowLast quarter
$10.7M
Free Cash FlowOCF − Capex
$10.2M
FCF MarginFCF / Revenue
12.3%
Capex IntensityCapex / Revenue
0.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$24.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NGD
NGD
XPOF
XPOF
Q4 25
$10.7M
Q3 25
$9.3M
Q2 25
$2.5M
Q1 25
$5.8M
Q4 24
$776.0K
Q3 24
$5.2M
Q2 24
$3.0M
Q1 24
$2.7M
Free Cash Flow
NGD
NGD
XPOF
XPOF
Q4 25
$10.2M
Q3 25
$8.2M
Q2 25
$996.0K
Q1 25
$5.4M
Q4 24
$674.0K
Q3 24
$3.4M
Q2 24
$872.0K
Q1 24
$1.8M
FCF Margin
NGD
NGD
XPOF
XPOF
Q4 25
12.3%
Q3 25
10.4%
Q2 25
1.3%
Q1 25
7.0%
Q4 24
0.8%
Q3 24
4.2%
Q2 24
1.1%
Q1 24
2.3%
Capex Intensity
NGD
NGD
XPOF
XPOF
Q4 25
0.6%
Q3 25
1.4%
Q2 25
2.0%
Q1 25
0.6%
Q4 24
0.1%
Q3 24
2.3%
Q2 24
2.8%
Q1 24
1.1%
Cash Conversion
NGD
NGD
XPOF
XPOF
Q4 25
Q3 25
Q2 25
2.60×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

NGD
NGD

Segment breakdown not available.

XPOF
XPOF

Franchise$51.5M62%
Products$9.7M12%
Franchise Marketing Fund Revenue$8.9M11%
Service Other$8.3M10%
Spartan Fitness$4.5M5%

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