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Side-by-side financial comparison of Natural Grocers by Vitamin Cottage, Inc. (NGVC) and WEBTOON Entertainment Inc. (WBTN). Click either name above to swap in a different company.

Natural Grocers by Vitamin Cottage, Inc. is the larger business by last-quarter revenue ($335.6M vs $330.7M, roughly 1.0× WEBTOON Entertainment Inc.). Natural Grocers by Vitamin Cottage, Inc. runs the higher net margin — 3.4% vs -93.0%, a 96.4% gap on every dollar of revenue. Natural Grocers by Vitamin Cottage, Inc. produced more free cash flow last quarter ($11.6M vs $7.0M).

Natural Grocers by Vitamin Cottage, Inc. is a U.S.-based specialty retail chain that offers certified organic groceries, dietary supplements, natural personal care items, and eco-friendly household products. It serves health-conscious consumers across multiple U.S. states, following strict quality standards that exclude artificial preservatives, colors, flavors and harmful additives.

Webtoon is a South Korean-American webtoon platform launched in 2004 by Naver Corporation, providing hosting for webtoons and compact digital comics. The platform, controlled by Naver and the Naver-SoftBank Group joint venture LY Corporation through a Delaware-domiciled, Los Angeles, California-headquartered holding company Webtoon Entertainment Inc., is free and can be found both on the web at Webtoons.com and on mobile devices available for both Android and iOS.

NGVC vs WBTN — Head-to-Head

Bigger by revenue
NGVC
NGVC
1.0× larger
NGVC
$335.6M
$330.7M
WBTN
Higher net margin
NGVC
NGVC
96.4% more per $
NGVC
3.4%
-93.0%
WBTN
More free cash flow
NGVC
NGVC
$4.6M more FCF
NGVC
$11.6M
$7.0M
WBTN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
NGVC
NGVC
WBTN
WBTN
Revenue
$335.6M
$330.7M
Net Profit
$11.3M
$-307.6M
Gross Margin
29.5%
24.3%
Operating Margin
4.4%
-4.0%
Net Margin
3.4%
-93.0%
Revenue YoY
1.6%
Net Profit YoY
14.0%
EPS (diluted)
$0.49
$-2.37

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
NGVC
NGVC
WBTN
WBTN
Q4 25
$335.6M
$330.7M
Q3 25
$336.1M
$378.0M
Q2 25
$328.7M
$348.3M
Q1 25
$335.8M
$325.7M
Q4 24
$330.2M
Q3 24
$322.7M
$347.9M
Q2 24
$309.1M
$321.0M
Q1 24
$308.1M
Net Profit
NGVC
NGVC
WBTN
WBTN
Q4 25
$11.3M
$-307.6M
Q3 25
$11.8M
$-11.6M
Q2 25
$11.6M
$-4.3M
Q1 25
$13.1M
$-22.4M
Q4 24
$9.9M
Q3 24
$9.0M
$19.8M
Q2 24
$9.2M
$-76.9M
Q1 24
$8.0M
Gross Margin
NGVC
NGVC
WBTN
WBTN
Q4 25
29.5%
24.3%
Q3 25
29.5%
21.9%
Q2 25
29.9%
25.1%
Q1 25
30.3%
22.0%
Q4 24
29.9%
Q3 24
29.6%
26.3%
Q2 24
29.2%
25.9%
Q1 24
29.3%
Operating Margin
NGVC
NGVC
WBTN
WBTN
Q4 25
4.4%
-4.0%
Q3 25
4.6%
-3.9%
Q2 25
4.7%
-2.5%
Q1 25
5.2%
-8.2%
Q4 24
4.0%
Q3 24
3.7%
-2.3%
Q2 24
4.2%
-24.6%
Q1 24
3.7%
Net Margin
NGVC
NGVC
WBTN
WBTN
Q4 25
3.4%
-93.0%
Q3 25
3.5%
-3.1%
Q2 25
3.5%
-1.2%
Q1 25
3.9%
-6.9%
Q4 24
3.0%
Q3 24
2.8%
5.7%
Q2 24
3.0%
-24.0%
Q1 24
2.6%
EPS (diluted)
NGVC
NGVC
WBTN
WBTN
Q4 25
$0.49
$-2.37
Q3 25
$0.51
$-0.09
Q2 25
$0.50
$-0.03
Q1 25
$0.56
$-0.17
Q4 24
$0.43
Q3 24
$0.38
$0.15
Q2 24
$0.40
$-0.70
Q1 24
$0.35

Balance Sheet & Financial Strength

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

Metric
NGVC
NGVC
WBTN
WBTN
Cash + ST InvestmentsLiquidity on hand
$23.2M
$581.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$220.0M
$1.2B
Total Assets
$668.6M
$1.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NGVC
NGVC
WBTN
WBTN
Q4 25
$23.2M
$581.8M
Q3 25
$17.1M
$584.6M
Q2 25
$13.2M
$581.5M
Q1 25
$21.2M
$550.1M
Q4 24
$6.3M
Q3 24
$8.9M
$585.5M
Q2 24
$13.9M
$572.3M
Q1 24
$11.0M
Stockholders' Equity
NGVC
NGVC
WBTN
WBTN
Q4 25
$220.0M
$1.2B
Q3 25
$212.4M
$1.5B
Q2 25
$202.5M
$1.5B
Q1 25
$193.0M
$1.5B
Q4 24
$181.9M
Q3 24
$174.3M
$1.6B
Q2 24
$167.8M
$1.5B
Q1 24
$160.0M
Total Assets
NGVC
NGVC
WBTN
WBTN
Q4 25
$668.6M
$1.6B
Q3 25
$670.5M
$2.0B
Q2 25
$659.0M
$2.0B
Q1 25
$664.6M
$1.9B
Q4 24
$648.9M
Q3 24
$655.5M
$2.1B
Q2 24
$654.4M
$2.0B
Q1 24
$656.6M

Cash Flow & Capital Efficiency

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

Metric
NGVC
NGVC
WBTN
WBTN
Operating Cash FlowLast quarter
$21.1M
$7.6M
Free Cash FlowOCF − Capex
$11.6M
$7.0M
FCF MarginFCF / Revenue
3.4%
2.1%
Capex IntensityCapex / Revenue
2.9%
0.2%
Cash ConversionOCF / Net Profit
1.86×
TTM Free Cash FlowTrailing 4 quarters
$42.6M
$3.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NGVC
NGVC
WBTN
WBTN
Q4 25
$21.1M
$7.6M
Q3 25
$15.6M
$16.5M
Q2 25
$2.9M
$5.7M
Q1 25
$34.1M
$-18.7M
Q4 24
$2.7M
Q3 24
$24.5M
$4.1M
Q2 24
$12.4M
Q1 24
$20.2M
Free Cash Flow
NGVC
NGVC
WBTN
WBTN
Q4 25
$11.6M
$7.0M
Q3 25
$7.5M
$11.8M
Q2 25
$-4.2M
$3.9M
Q1 25
$27.6M
$-19.2M
Q4 24
$-6.9M
Q3 24
$18.0M
$3.5M
Q2 24
$3.6M
Q1 24
$9.8M
FCF Margin
NGVC
NGVC
WBTN
WBTN
Q4 25
3.4%
2.1%
Q3 25
2.2%
3.1%
Q2 25
-1.3%
1.1%
Q1 25
8.2%
-5.9%
Q4 24
-2.1%
Q3 24
5.6%
1.0%
Q2 24
1.2%
Q1 24
3.2%
Capex Intensity
NGVC
NGVC
WBTN
WBTN
Q4 25
2.9%
0.2%
Q3 25
2.4%
1.2%
Q2 25
2.2%
0.5%
Q1 25
1.9%
0.2%
Q4 24
2.9%
Q3 24
2.0%
0.2%
Q2 24
2.9%
Q1 24
3.4%
Cash Conversion
NGVC
NGVC
WBTN
WBTN
Q4 25
1.86×
Q3 25
1.32×
Q2 25
0.25×
Q1 25
2.60×
Q4 24
0.27×
Q3 24
2.72×
0.21×
Q2 24
1.35×
Q1 24
2.54×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NGVC
NGVC

Grocery$243.8M73%
Dietary Supplements$60.7M18%
Manufactured Product Other$31.0M9%

WBTN
WBTN

Other$158.3M48%
KR$125.7M38%
IP Adaptations$25.4M8%
Related Party$21.3M6%

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