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Side-by-side financial comparison of SYNTEC OPTICS HOLDINGS, INC. (OPTX) and Terra Property Trust, Inc. (TPTA). Click either name above to swap in a different company.

SYNTEC OPTICS HOLDINGS, INC. is the larger business by last-quarter revenue ($7.5M vs $7.1M, roughly 1.1× Terra Property Trust, Inc.). SYNTEC OPTICS HOLDINGS, INC. runs the higher net margin — -4.6% vs -150.2%, a 145.6% gap on every dollar of revenue. On growth, SYNTEC OPTICS HOLDINGS, INC. posted the faster year-over-year revenue change (2.5% vs -37.4%). Over the past eight quarters, SYNTEC OPTICS HOLDINGS, INC.'s revenue compounded faster (9.5% CAGR vs -31.3%).

The National Savings and Trust Company is a historic bank building located at the corner of New York Avenue and 15th Street, NW in Downtown Washington, D.C. It has also been known as the National Safe Deposit Company and the National Safe Deposit Savings and Trust Company.

OPTX vs TPTA — Head-to-Head

Bigger by revenue
OPTX
OPTX
1.1× larger
OPTX
$7.5M
$7.1M
TPTA
Growing faster (revenue YoY)
OPTX
OPTX
+39.9% gap
OPTX
2.5%
-37.4%
TPTA
Higher net margin
OPTX
OPTX
145.6% more per $
OPTX
-4.6%
-150.2%
TPTA
Faster 2-yr revenue CAGR
OPTX
OPTX
Annualised
OPTX
9.5%
-31.3%
TPTA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
OPTX
OPTX
TPTA
TPTA
Revenue
$7.5M
$7.1M
Net Profit
$-343.8K
$-10.6M
Gross Margin
23.6%
Operating Margin
4.2%
-48.8%
Net Margin
-4.6%
-150.2%
Revenue YoY
2.5%
-37.4%
Net Profit YoY
77.7%
32.0%
EPS (diluted)
$-0.01
$-0.43

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
TPTA
TPTA
Q4 25
$7.5M
$7.1M
Q3 25
$7.0M
$7.3M
Q2 25
$6.6M
$8.6M
Q1 25
$7.1M
$12.5M
Q4 24
$7.3M
$11.3M
Q3 24
$7.9M
$12.2M
Q2 24
$7.0M
$11.2M
Q1 24
$6.3M
$15.0M
Net Profit
OPTX
OPTX
TPTA
TPTA
Q4 25
$-343.8K
$-10.6M
Q3 25
$-1.4M
$-6.7M
Q2 25
$-343.9K
$-9.2M
Q1 25
$323.7K
$-1.3M
Q4 24
$-1.5M
$-15.6M
Q3 24
$-13.3K
$-7.8M
Q2 24
$281.8K
$-7.5M
Q1 24
$-1.2M
$-6.2M
Gross Margin
OPTX
OPTX
TPTA
TPTA
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
TPTA
TPTA
Q4 25
4.2%
-48.8%
Q3 25
-17.5%
6.7%
Q2 25
-2.2%
-28.4%
Q1 25
7.5%
32.8%
Q4 24
-19.6%
-72.3%
Q3 24
1.4%
54.1%
Q2 24
2.3%
6.3%
Q1 24
-22.5%
32.0%
Net Margin
OPTX
OPTX
TPTA
TPTA
Q4 25
-4.6%
-150.2%
Q3 25
-20.6%
-92.4%
Q2 25
-5.2%
-106.5%
Q1 25
4.6%
-10.3%
Q4 24
-21.0%
-138.3%
Q3 24
-0.2%
-63.9%
Q2 24
4.0%
-67.5%
Q1 24
-19.3%
-41.2%
EPS (diluted)
OPTX
OPTX
TPTA
TPTA
Q4 25
$-0.01
$-0.43
Q3 25
$-0.04
$-0.28
Q2 25
$-0.01
$-0.38
Q1 25
$0.01
$-0.05
Q4 24
$-0.05
$-0.65
Q3 24
$0.00
$-0.32
Q2 24
$0.01
$-0.31
Q1 24
$-0.03
$-0.25

Balance Sheet & Financial Strength

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

Metric
OPTX
OPTX
TPTA
TPTA
Cash + ST InvestmentsLiquidity on hand
$33.2M
Total DebtLower is stronger
$2.6M
$178.9M
Stockholders' EquityBook value
$9.5M
$146.5M
Total Assets
$24.3M
$351.5M
Debt / EquityLower = less leverage
0.28×
1.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OPTX
OPTX
TPTA
TPTA
Q4 25
$33.2M
Q3 25
$17.4M
Q2 25
$5.9M
Q1 25
$11.9M
Q4 24
$8.6M
Q3 24
$21.2M
Q2 24
$18.9M
Q1 24
$17.9M
Total Debt
OPTX
OPTX
TPTA
TPTA
Q4 25
$2.6M
$178.9M
Q3 25
$2.7M
$211.9M
Q2 25
$2.9M
$260.2M
Q1 25
$3.0M
$286.7M
Q4 24
$3.1M
$326.1M
Q3 24
$3.2M
$312.9M
Q2 24
$2.8M
$383.8M
Q1 24
$3.0M
$377.6M
Stockholders' Equity
OPTX
OPTX
TPTA
TPTA
Q4 25
$9.5M
$146.5M
Q3 25
$9.8M
$159.7M
Q2 25
$11.0M
$168.5M
Q1 25
$11.4M
$179.9M
Q4 24
$11.0M
$185.7M
Q3 24
$12.1M
$206.2M
Q2 24
$12.1M
$218.6M
Q1 24
$11.9M
$230.5M
Total Assets
OPTX
OPTX
TPTA
TPTA
Q4 25
$24.3M
$351.5M
Q3 25
$24.6M
$398.1M
Q2 25
$25.3M
$459.3M
Q1 25
$26.3M
$495.2M
Q4 24
$26.0M
$542.8M
Q3 24
$27.3M
$546.8M
Q2 24
$25.8M
$634.4M
Q1 24
$24.6M
$640.2M
Debt / Equity
OPTX
OPTX
TPTA
TPTA
Q4 25
0.28×
1.22×
Q3 25
0.28×
1.33×
Q2 25
0.26×
1.54×
Q1 25
0.26×
1.59×
Q4 24
0.28×
1.76×
Q3 24
0.26×
1.52×
Q2 24
0.23×
1.76×
Q1 24
0.25×
1.64×

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
TPTA
TPTA
Operating Cash FlowLast quarter
$-3.9K
$1.9M
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
TPTA
TPTA
Q4 25
$-3.9K
$1.9M
Q3 25
$535.3K
$-4.3M
Q2 25
$-158.0K
$1.2M
Q1 25
$299.3K
$861.6K
Q4 24
$623.8K
$-3.3M
Q3 24
$417.3K
$1.7M
Q2 24
$-1.7M
$-3.1M
Q1 24
$-289.8K
$-4.2M
Free Cash Flow
OPTX
OPTX
TPTA
TPTA
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
TPTA
TPTA
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
TPTA
TPTA
Q4 25
0.0%
Q3 25
0.6%
Q2 25
5.9%
Q1 25
3.0%
Q4 24
8.4%
0.0%
Q3 24
4.7%
Q2 24
2.3%
Q1 24
1.5%
Cash Conversion
OPTX
OPTX
TPTA
TPTA
Q4 25
Q3 25
Q2 25
Q1 25
0.92×
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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