vs
Side-by-side financial comparison of Picard Medical, Inc. (PMI) and QMMM Holdings Ltd (QMMM). Click either name above to swap in a different company.
QMMM Holdings Ltd is the larger business by last-quarter revenue ($2.0M vs $1.2M, roughly 1.7× Picard Medical, Inc.). QMMM Holdings Ltd runs the higher net margin — -7.1% vs -878.3%, a 871.2% gap on every dollar of revenue.
PMI vs QMMM — Head-to-Head
Income Statement — Q3 FY2025 vs Q2 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.2M | $2.0M |
| Net Profit | $-10.4M | $-146.1K |
| Gross Margin | -11.0% | 27.1% |
| Operating Margin | -293.8% | -6.5% |
| Net Margin | -878.3% | -7.1% |
| Revenue YoY | — | — |
| Net Profit YoY | — | — |
| EPS (diluted) | — | — |
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.
| Q3 25 | $1.2M | — | ||
| Q2 25 | $2.1M | — | ||
| Q1 25 | — | $2.0M | ||
| Q1 24 | — | $1.3M |
| Q3 25 | $-10.4M | — | ||
| Q2 25 | $-6.7M | — | ||
| Q1 25 | — | $-146.1K | ||
| Q1 24 | — | $-612.0K |
| Q3 25 | -11.0% | — | ||
| Q2 25 | -6.0% | — | ||
| Q1 25 | — | 27.1% | ||
| Q1 24 | — | 24.1% |
| Q3 25 | -293.8% | — | ||
| Q2 25 | -165.2% | — | ||
| Q1 25 | — | -6.5% | ||
| Q1 24 | — | -46.2% |
| Q3 25 | -878.3% | — | ||
| Q2 25 | -315.5% | — | ||
| Q1 25 | — | -7.1% | ||
| Q1 24 | — | -45.5% |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.8M | $167.9K |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $8.0M | $3.9M |
| Total Assets | $13.5M | $4.5M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | $2.8M | — | ||
| Q2 25 | $410.0K | — | ||
| Q1 25 | — | $167.9K | ||
| Q1 24 | — | $218.9K |
| Q3 25 | $8.0M | — | ||
| Q2 25 | $-54.5M | — | ||
| Q1 25 | — | $3.9M | ||
| Q1 24 | — | $-1.1M |
| Q3 25 | $13.5M | — | ||
| Q2 25 | $11.7M | — | ||
| Q1 25 | — | $4.5M | ||
| Q1 24 | — | $1.3M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-6.5M | $-301.2K |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | $-6.5M | — | ||
| Q2 25 | $-4.8M | — | ||
| Q1 25 | — | $-301.2K | ||
| Q1 24 | — | $-184.6K |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PMI
| Products | $1.1M | 94% |
| Other | $72.0K | 6% |
QMMM
Segment breakdown not available.
