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Side-by-side financial comparison of Royalty Management Holding Corp (RMCO) and VirnetX Holding Corp (VHC). Click either name above to swap in a different company.

Royalty Management Holding Corp is the larger business by last-quarter revenue ($1.4M vs $56.0K, roughly 24.9× VirnetX Holding Corp). Royalty Management Holding Corp runs the higher net margin — -29.3% vs -11744.6%, a 11715.3% gap on every dollar of revenue. Over the past eight quarters, VirnetX Holding Corp's revenue compounded faster (429.2% CAGR vs 193.5%).

Royalties is a brand management agency based in Paris, France. The agency was originally created in 2008 as Publicis Royalties, by Publicis Worldwide and Eurogroup Consulting and is now independently owned by two of the founding partners: David Jobin and Olivier Bontemps. The agency has offices in France and China.

VirnetX is a publicly traded Internet security software and technology company based in Zephyr Cove, Nevada. Founded in 2005, its patent portfolio includes U.S. and international patents in areas such as DNS and network communication.

RMCO vs VHC — Head-to-Head

Bigger by revenue
RMCO
RMCO
24.9× larger
RMCO
$1.4M
$56.0K
VHC
Higher net margin
RMCO
RMCO
11715.3% more per $
RMCO
-29.3%
-11744.6%
VHC
Faster 2-yr revenue CAGR
VHC
VHC
Annualised
VHC
429.2%
193.5%
RMCO

Income Statement — Q4 2025 vs Q4 2025

Metric
RMCO
RMCO
VHC
VHC
Revenue
$1.4M
$56.0K
Net Profit
$-409.5K
$-6.6M
Gross Margin
12.9%
Operating Margin
-2.6%
-12151.8%
Net Margin
-29.3%
-11744.6%
Revenue YoY
469.8%
Net Profit YoY
-1216.7%
-5.8%
EPS (diluted)
$-0.04
$-1.82

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
RMCO
RMCO
VHC
VHC
Q4 25
$1.4M
$56.0K
Q3 25
$1.3M
$58.0K
Q2 25
$1.3M
$48.0K
Q1 25
$923.2K
$0
Q4 24
$245.1K
$0
Q3 24
$145.6K
$2.0K
Q2 24
$254.2K
$1.0K
Q1 24
$162.1K
$2.0K
Net Profit
RMCO
RMCO
VHC
VHC
Q4 25
$-409.5K
$-6.6M
Q3 25
$-209.1K
$-4.3M
Q2 25
$-49.5K
$-3.6M
Q1 25
$-58.8K
$-3.7M
Q4 24
$-31.1K
$-6.2M
Q3 24
$-119.2K
$-3.8M
Q2 24
$-117.8K
$-3.8M
Q1 24
$153.8K
$-4.3M
Gross Margin
RMCO
RMCO
VHC
VHC
Q4 25
12.9%
Q3 25
11.2%
Q2 25
17.0%
Q1 25
27.4%
Q4 24
99.5%
Q3 24
96.3%
Q2 24
94.7%
Q1 24
98.3%
Operating Margin
RMCO
RMCO
VHC
VHC
Q4 25
-2.6%
-12151.8%
Q3 25
-7.6%
-8006.9%
Q2 25
-3.6%
-8216.7%
Q1 25
-12.0%
Q4 24
-8.9%
Q3 24
-116.4%
-219350.0%
Q2 24
-53.1%
-441500.0%
Q1 24
8.5%
-246300.0%
Net Margin
RMCO
RMCO
VHC
VHC
Q4 25
-29.3%
-11744.6%
Q3 25
-16.0%
-7496.6%
Q2 25
-3.7%
-7543.8%
Q1 25
-6.4%
Q4 24
-12.7%
Q3 24
-81.8%
-191950.0%
Q2 24
-46.3%
-383000.0%
Q1 24
94.9%
-214550.0%
EPS (diluted)
RMCO
RMCO
VHC
VHC
Q4 25
$-0.04
$-1.82
Q3 25
$-0.01
$-1.18
Q2 25
$0.00
$-0.99
Q1 25
$0.00
$-1.01
Q4 24
$0.00
$-1.72
Q3 24
$-0.01
$-1.07
Q2 24
$-0.01
$-1.07
Q1 24
$0.01
$-1.19

Balance Sheet & Financial Strength

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

Metric
RMCO
RMCO
VHC
VHC
Cash + ST InvestmentsLiquidity on hand
$133.1K
$15.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$13.7M
$22.5M
Total Assets
$16.7M
$31.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RMCO
RMCO
VHC
VHC
Q4 25
$133.1K
$15.5M
Q3 25
$173.2K
$17.1M
Q2 25
$146.7K
$17.3M
Q1 25
$132.5K
$23.2M
Q4 24
$114.1K
$23.3M
Q3 24
$145.4K
$25.1M
Q2 24
$39.1K
$26.3M
Q1 24
$27.6M
Total Debt
RMCO
RMCO
VHC
VHC
Q4 25
Q3 25
Q2 25
$250.0K
Q1 25
$250.0K
Q4 24
$250.0K
Q3 24
$252.0K
Q2 24
$1.6M
Q1 24
$2.2M
Stockholders' Equity
RMCO
RMCO
VHC
VHC
Q4 25
$13.7M
$22.5M
Q3 25
$14.1M
$29.3M
Q2 25
$13.9M
$33.2M
Q1 25
$14.0M
$36.4M
Q4 24
$13.6M
$39.6M
Q3 24
$13.5M
$45.5M
Q2 24
$12.2M
$48.8M
Q1 24
$11.6M
$52.2M
Total Assets
RMCO
RMCO
VHC
VHC
Q4 25
$16.7M
$31.1M
Q3 25
$18.0M
$38.0M
Q2 25
$16.9M
$41.8M
Q1 25
$15.7M
$45.1M
Q4 24
$15.0M
$49.6M
Q3 24
$15.4M
$55.6M
Q2 24
$15.2M
$58.9M
Q1 24
$15.1M
$62.3M
Debt / Equity
RMCO
RMCO
VHC
VHC
Q4 25
Q3 25
Q2 25
0.02×
Q1 25
0.02×
Q4 24
0.02×
Q3 24
0.02×
Q2 24
0.13×
Q1 24
0.19×

Cash Flow & Capital Efficiency

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

Metric
RMCO
RMCO
VHC
VHC
Operating Cash FlowLast quarter
$46.0K
$-5.8M
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.

Operating Cash Flow
RMCO
RMCO
VHC
VHC
Q4 25
$46.0K
$-5.8M
Q3 25
$21.9K
$-3.0M
Q2 25
$250.2K
$-2.9M
Q1 25
$-327.1K
$-3.9M
Q4 24
$898.9K
$-5.5M
Q3 24
$439.8K
$-3.2M
Q2 24
$-407.1K
$-3.1M
Q1 24
$-285.3K
$-3.5M
Free Cash Flow
RMCO
RMCO
VHC
VHC
Q4 25
Q3 25
$-3.0M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
RMCO
RMCO
VHC
VHC
Q4 25
Q3 25
-5208.6%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
RMCO
RMCO
VHC
VHC
Q4 25
Q3 25
29.3%
Q2 25
Q1 25
Q4 24
Q3 24
0.0%
Q2 24
Q1 24
Cash Conversion
RMCO
RMCO
VHC
VHC
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
-1.86×

Financial Flow Comparison

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

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