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Side-by-side financial comparison of R F INDUSTRIES LTD (RFIL) and Tectonic Financial, Inc. (TECTP). Click either name above to swap in a different company.

Tectonic Financial, Inc. is the larger business by last-quarter revenue ($23.0M vs $22.7M, roughly 1.0× R F INDUSTRIES LTD). Tectonic Financial, Inc. runs the higher net margin — 23.8% vs 0.8%, a 23.1% gap on every dollar of revenue. On growth, R F INDUSTRIES LTD posted the faster year-over-year revenue change (22.9% vs 17.9%). R F INDUSTRIES LTD produced more free cash flow last quarter ($2.0M vs $-17.3M). Over the past eight quarters, Tectonic Financial, Inc.'s revenue compounded faster (270.5% CAGR vs 29.8%).

Tootsie Roll Industries is an American manufacturer of confectionery based in Chicago, Illinois. Its best-known products include the namesake Tootsie Rolls and Tootsie Pops. Tootsie Roll Industries currently markets its brands internationally in Canada, Mexico, and over 75 other countries.

Tectonic Financial, Inc. is a US-based diversified financial services provider. It offers core services including wealth management, investment banking, capital markets advisory, and tailored financial solutions. Its key client segments cover high-net-worth individuals, institutional investors, and small to mid-sized enterprises across North America.

RFIL vs TECTP — Head-to-Head

Bigger by revenue
TECTP
TECTP
1.0× larger
TECTP
$23.0M
$22.7M
RFIL
Growing faster (revenue YoY)
RFIL
RFIL
+5.1% gap
RFIL
22.9%
17.9%
TECTP
Higher net margin
TECTP
TECTP
23.1% more per $
TECTP
23.8%
0.8%
RFIL
More free cash flow
RFIL
RFIL
$19.3M more FCF
RFIL
$2.0M
$-17.3M
TECTP
Faster 2-yr revenue CAGR
TECTP
TECTP
Annualised
TECTP
270.5%
29.8%
RFIL

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
RFIL
RFIL
TECTP
TECTP
Revenue
$22.7M
$23.0M
Net Profit
$173.0K
$5.5M
Gross Margin
36.8%
Operating Margin
4.0%
30.6%
Net Margin
0.8%
23.8%
Revenue YoY
22.9%
17.9%
Net Profit YoY
172.7%
15.9%
EPS (diluted)
$0.01
$0.73

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
RFIL
RFIL
TECTP
TECTP
Q4 25
$22.7M
Q3 25
$19.8M
$23.0M
Q2 25
$18.9M
$21.6M
Q1 25
$19.2M
$21.8M
Q4 24
$18.5M
$21.4M
Q3 24
$16.8M
$19.5M
Q2 24
$16.1M
$18.6M
Q1 24
$13.5M
$17.6M
Net Profit
RFIL
RFIL
TECTP
TECTP
Q4 25
$173.0K
Q3 25
$392.0K
$5.5M
Q2 25
$-245.0K
$4.3M
Q1 25
$-245.0K
$4.5M
Q4 24
$-238.0K
$3.0M
Q3 24
$-705.0K
$4.7M
Q2 24
$-4.3M
$3.1M
Q1 24
$-1.4M
$3.1M
Gross Margin
RFIL
RFIL
TECTP
TECTP
Q4 25
36.8%
Q3 25
34.0%
Q2 25
31.5%
Q1 25
29.8%
Q4 24
31.3%
Q3 24
29.5%
Q2 24
29.9%
Q1 24
24.5%
Operating Margin
RFIL
RFIL
TECTP
TECTP
Q4 25
4.0%
Q3 25
3.6%
30.6%
Q2 25
0.6%
25.9%
Q1 25
0.3%
26.0%
Q4 24
0.5%
22.1%
Q3 24
-2.5%
29.1%
Q2 24
-2.6%
21.5%
Q1 24
-15.5%
22.2%
Net Margin
RFIL
RFIL
TECTP
TECTP
Q4 25
0.8%
Q3 25
2.0%
23.8%
Q2 25
-1.3%
19.8%
Q1 25
-1.3%
20.4%
Q4 24
-1.3%
14.0%
Q3 24
-4.2%
24.2%
Q2 24
-26.7%
16.9%
Q1 24
-10.1%
17.4%
EPS (diluted)
RFIL
RFIL
TECTP
TECTP
Q4 25
$0.01
Q3 25
$0.04
$0.73
Q2 25
$-0.02
$0.55
Q1 25
$-0.02
$0.57
Q4 24
$-0.02
$0.35
Q3 24
$-0.07
$0.58
Q2 24
$-0.41
$0.38
Q1 24
$-0.13
$0.37

Balance Sheet & Financial Strength

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

Metric
RFIL
RFIL
TECTP
TECTP
Cash + ST InvestmentsLiquidity on hand
$5.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$35.2M
$119.2M
Total Assets
$73.0M
$1.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RFIL
RFIL
TECTP
TECTP
Q4 25
$5.1M
Q3 25
$3.0M
Q2 25
$3.6M
Q1 25
$1.3M
Q4 24
$839.0K
Q3 24
$1.8M
Q2 24
$1.4M
Q1 24
$4.5M
Stockholders' Equity
RFIL
RFIL
TECTP
TECTP
Q4 25
$35.2M
Q3 25
$34.8M
$119.2M
Q2 25
$34.2M
$114.6M
Q1 25
$34.2M
$111.3M
Q4 24
$34.1M
$113.4M
Q3 24
$34.1M
$112.8M
Q2 24
$34.6M
$110.4M
Q1 24
$38.7M
$108.5M
Total Assets
RFIL
RFIL
TECTP
TECTP
Q4 25
$73.0M
Q3 25
$73.2M
$1.1B
Q2 25
$72.7M
$997.0M
Q1 25
$70.4M
$910.5M
Q4 24
$71.0M
$863.4M
Q3 24
$71.9M
$847.5M
Q2 24
$72.8M
$777.1M
Q1 24
$79.1M
$777.6M

Cash Flow & Capital Efficiency

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

Metric
RFIL
RFIL
TECTP
TECTP
Operating Cash FlowLast quarter
$2.1M
$-17.3M
Free Cash FlowOCF − Capex
$2.0M
$-17.3M
FCF MarginFCF / Revenue
9.0%
-74.9%
Capex IntensityCapex / Revenue
0.3%
0.0%
Cash ConversionOCF / Net Profit
12.13×
-3.14×
TTM Free Cash FlowTrailing 4 quarters
$4.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RFIL
RFIL
TECTP
TECTP
Q4 25
$2.1M
Q3 25
$-311.0K
$-17.3M
Q2 25
$2.2M
$-32.5M
Q1 25
$601.0K
$-35.6M
Q4 24
$-244.0K
$-86.6M
Q3 24
$2.4M
$-22.5M
Q2 24
$197.0K
$-30.7M
Q1 24
$840.0K
$-3.2M
Free Cash Flow
RFIL
RFIL
TECTP
TECTP
Q4 25
$2.0M
Q3 25
$-419.0K
$-17.3M
Q2 25
$2.2M
Q1 25
$574.0K
$-35.6M
Q4 24
$-418.0K
$-86.8M
Q3 24
$2.1M
$-22.5M
Q2 24
$28.0K
$-30.7M
Q1 24
$697.0K
$-3.3M
FCF Margin
RFIL
RFIL
TECTP
TECTP
Q4 25
9.0%
Q3 25
-2.1%
-74.9%
Q2 25
11.4%
Q1 25
3.0%
-163.2%
Q4 24
-2.3%
-406.5%
Q3 24
12.6%
-115.0%
Q2 24
0.2%
-165.5%
Q1 24
5.2%
-18.8%
Capex Intensity
RFIL
RFIL
TECTP
TECTP
Q4 25
0.3%
Q3 25
0.5%
0.0%
Q2 25
0.2%
0.0%
Q1 25
0.1%
0.0%
Q4 24
0.9%
1.0%
Q3 24
1.5%
0.1%
Q2 24
1.0%
0.3%
Q1 24
1.1%
0.9%
Cash Conversion
RFIL
RFIL
TECTP
TECTP
Q4 25
12.13×
Q3 25
-0.79×
-3.14×
Q2 25
-7.61×
Q1 25
-8.00×
Q4 24
-28.99×
Q3 24
-4.74×
Q2 24
-9.76×
Q1 24
-1.03×

Financial Flow Comparison

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

Revenue Breakdown by Segment

RFIL
RFIL

US$20.9M92%
Non Us$1.8M8%

TECTP
TECTP

Segment breakdown not available.

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