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Side-by-side financial comparison of SYNTEC OPTICS HOLDINGS, INC. (OPTX) and Ready Capital Corp (RC). Click either name above to swap in a different company.

Ready Capital Corp is the larger business by last-quarter revenue ($13.1M vs $7.5M, roughly 1.7× SYNTEC OPTICS HOLDINGS, INC.). SYNTEC OPTICS HOLDINGS, INC. runs the higher net margin — -4.6% vs -1772.7%, a 1768.1% gap on every dollar of revenue. On growth, SYNTEC OPTICS HOLDINGS, INC. posted the faster year-over-year revenue change (2.5% vs -73.8%). Over the past eight quarters, SYNTEC OPTICS HOLDINGS, INC.'s revenue compounded faster (9.5% CAGR vs -48.0%).

Ready Capital Corp is a leading US-based commercial real estate finance firm. It offers tailored lending solutions including multifamily property loans, small balance commercial real estate mortgages, construction financing, and mortgage servicing services. Its core client segments include real estate investors, small business operators, and property developers across the United States.

OPTX vs RC — Head-to-Head

Bigger by revenue
RC
RC
1.7× larger
RC
$13.1M
$7.5M
OPTX
Growing faster (revenue YoY)
OPTX
OPTX
+76.3% gap
OPTX
2.5%
-73.8%
RC
Higher net margin
OPTX
OPTX
1768.1% more per $
OPTX
-4.6%
-1772.7%
RC
Faster 2-yr revenue CAGR
OPTX
OPTX
Annualised
OPTX
9.5%
-48.0%
RC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
OPTX
OPTX
RC
RC
Revenue
$7.5M
$13.1M
Net Profit
$-343.8K
$-232.6M
Gross Margin
23.6%
Operating Margin
4.2%
-2013.3%
Net Margin
-4.6%
-1772.7%
Revenue YoY
2.5%
-73.8%
Net Profit YoY
77.7%
26.1%
EPS (diluted)
$-0.01
$-1.43

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
OPTX
OPTX
RC
RC
Q4 25
$7.5M
$13.1M
Q3 25
$7.0M
$85.4M
Q2 25
$6.6M
$16.9M
Q1 25
$7.1M
$40.2M
Q4 24
$7.3M
$50.1M
Q3 24
$7.9M
$107.2M
Q2 24
$7.0M
$51.0M
Q1 24
$6.3M
$48.5M
Net Profit
OPTX
OPTX
RC
RC
Q4 25
$-343.8K
$-232.6M
Q3 25
$-1.4M
$-16.7M
Q2 25
$-343.9K
$-53.7M
Q1 25
$323.7K
$82.0M
Q4 24
$-1.5M
$-314.8M
Q3 24
$-13.3K
$-7.3M
Q2 24
$281.8K
$-34.2M
Q1 24
$-1.2M
$-74.2M
Gross Margin
OPTX
OPTX
RC
RC
Q4 25
23.6%
Q3 25
12.3%
Q2 25
24.4%
Q1 25
32.7%
Q4 24
13.5%
Q3 24
23.3%
Q2 24
31.0%
Q1 24
11.3%
Operating Margin
OPTX
OPTX
RC
RC
Q4 25
4.2%
-2013.3%
Q3 25
-17.5%
-31.5%
Q2 25
-2.2%
-524.9%
Q1 25
7.5%
Q4 24
-19.6%
-629.0%
Q3 24
1.4%
-14.8%
Q2 24
2.3%
-157.0%
Q1 24
-22.5%
-217.9%
Net Margin
OPTX
OPTX
RC
RC
Q4 25
-4.6%
-1772.7%
Q3 25
-20.6%
-19.6%
Q2 25
-5.2%
-317.7%
Q1 25
4.6%
203.7%
Q4 24
-21.0%
-628.8%
Q3 24
-0.2%
-6.8%
Q2 24
4.0%
-67.1%
Q1 24
-19.3%
-152.8%
EPS (diluted)
OPTX
OPTX
RC
RC
Q4 25
$-0.01
$-1.43
Q3 25
$-0.04
$-0.13
Q2 25
$-0.01
$-0.34
Q1 25
$0.01
$0.46
Q4 24
$-0.05
$-1.89
Q3 24
$0.00
$-0.07
Q2 24
$0.01
$-0.23
Q1 24
$-0.03
$-0.44

Balance Sheet & Financial Strength

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

Metric
OPTX
OPTX
RC
RC
Cash + ST InvestmentsLiquidity on hand
$207.8M
Total DebtLower is stronger
$2.6M
$1.4B
Stockholders' EquityBook value
$9.5M
$1.5B
Total Assets
$24.3M
$7.8B
Debt / EquityLower = less leverage
0.28×
0.89×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OPTX
OPTX
RC
RC
Q4 25
$207.8M
Q3 25
$147.5M
Q2 25
$162.9M
Q1 25
$205.9M
Q4 24
$143.8M
Q3 24
$181.3M
Q2 24
$226.3M
Q1 24
$166.0M
Total Debt
OPTX
OPTX
RC
RC
Q4 25
$2.6M
$1.4B
Q3 25
$2.7M
$1.4B
Q2 25
$2.9M
$1.4B
Q1 25
$3.0M
$1.5B
Q4 24
$3.1M
$1.3B
Q3 24
$3.2M
$1.2B
Q2 24
$2.8M
$1.2B
Q1 24
$3.0M
$1.1B
Stockholders' Equity
OPTX
OPTX
RC
RC
Q4 25
$9.5M
$1.5B
Q3 25
$9.8M
$1.8B
Q2 25
$11.0M
$1.8B
Q1 25
$11.4M
$1.9B
Q4 24
$11.0M
$1.8B
Q3 24
$12.1M
$2.2B
Q2 24
$12.1M
$2.3B
Q1 24
$11.9M
$2.4B
Total Assets
OPTX
OPTX
RC
RC
Q4 25
$24.3M
$7.8B
Q3 25
$24.6M
$8.3B
Q2 25
$25.3M
$9.3B
Q1 25
$26.3M
$10.0B
Q4 24
$26.0M
$10.1B
Q3 24
$27.3M
$11.3B
Q2 24
$25.8M
$11.8B
Q1 24
$24.6M
$12.0B
Debt / Equity
OPTX
OPTX
RC
RC
Q4 25
0.28×
0.89×
Q3 25
0.28×
0.78×
Q2 25
0.26×
0.76×
Q1 25
0.26×
0.77×
Q4 24
0.28×
0.73×
Q3 24
0.26×
0.54×
Q2 24
0.23×
0.52×
Q1 24
0.25×
0.46×

Cash Flow & Capital Efficiency

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

Metric
OPTX
OPTX
RC
RC
Operating Cash FlowLast quarter
$-3.9K
$432.1M
Free Cash FlowOCF − Capex
$-4.4K
FCF MarginFCF / Revenue
-0.1%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$28.3K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OPTX
OPTX
RC
RC
Q4 25
$-3.9K
$432.1M
Q3 25
$535.3K
$434.7M
Q2 25
$-158.0K
$-100.3M
Q1 25
$299.3K
$108.5M
Q4 24
$623.8K
$274.8M
Q3 24
$417.3K
$221.1M
Q2 24
$-1.7M
$1.1M
Q1 24
$-289.8K
$23.4M
Free Cash Flow
OPTX
OPTX
RC
RC
Q4 25
$-4.4K
Q3 25
$496.3K
Q2 25
$-548.1K
Q1 25
$84.6K
Q4 24
$12.1K
Q3 24
$43.8K
Q2 24
$-1.9M
Q1 24
$-385.1K
FCF Margin
OPTX
OPTX
RC
RC
Q4 25
-0.1%
Q3 25
7.1%
Q2 25
-8.4%
Q1 25
1.2%
Q4 24
0.2%
Q3 24
0.6%
Q2 24
-26.5%
Q1 24
-6.2%
Capex Intensity
OPTX
OPTX
RC
RC
Q4 25
0.0%
Q3 25
0.6%
Q2 25
5.9%
Q1 25
3.0%
Q4 24
8.4%
Q3 24
4.7%
Q2 24
2.3%
Q1 24
1.5%
Cash Conversion
OPTX
OPTX
RC
RC
Q4 25
Q3 25
Q2 25
Q1 25
0.92×
1.32×
Q4 24
Q3 24
Q2 24
-6.01×
Q1 24

Financial Flow Comparison

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

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