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Side-by-side financial comparison of Stabilis Solutions, Inc. (SLNG) and TANDY LEATHER FACTORY INC (TLF). Click either name above to swap in a different company.

TANDY LEATHER FACTORY INC is the larger business by last-quarter revenue ($22.3M vs $13.3M, roughly 1.7× Stabilis Solutions, Inc.). Stabilis Solutions, Inc. runs the higher net margin — -2.0% vs -4.2%, a 2.2% gap on every dollar of revenue. On growth, TANDY LEATHER FACTORY INC posted the faster year-over-year revenue change (8.7% vs -23.3%). TANDY LEATHER FACTORY INC produced more free cash flow last quarter ($4.0M vs $-2.5M). Over the past eight quarters, TANDY LEATHER FACTORY INC's revenue compounded faster (7.4% CAGR vs -18.1%).

Stabilis Solutions, Inc. is a leading North American small-scale liquefied natural gas (LNG) producer and distributor. It supplies LNG fuel, cryogenic services, and full-cycle energy solutions to industrial, remote power, transportation, and commercial clients across the United States and Canada, advancing low-emission energy transition efforts.

Tandy Leather Factory, Inc. is an American specialty retailer and wholesale distributor of leather and leatherwork related products. It operates more than 100 stores worldwide. Originally part of the Tandy Corporation, Tandy Leather has gone through a series of acquisitions and mergers, eventually being sold to The Leather Factory in 2000. The Tandy Leather flagship store next to their corporate headquarters in Fort Worth, Texas also houses the Al and Ann Stohlman Leathercraft Museum.

SLNG vs TLF — Head-to-Head

Bigger by revenue
TLF
TLF
1.7× larger
TLF
$22.3M
$13.3M
SLNG
Growing faster (revenue YoY)
TLF
TLF
+31.9% gap
TLF
8.7%
-23.3%
SLNG
Higher net margin
SLNG
SLNG
2.2% more per $
SLNG
-2.0%
-4.2%
TLF
More free cash flow
TLF
TLF
$6.5M more FCF
TLF
$4.0M
$-2.5M
SLNG
Faster 2-yr revenue CAGR
TLF
TLF
Annualised
TLF
7.4%
-18.1%
SLNG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SLNG
SLNG
TLF
TLF
Revenue
$13.3M
$22.3M
Net Profit
$-262.0K
$-930.0K
Gross Margin
24.7%
54.3%
Operating Margin
-2.4%
-2.8%
Net Margin
-2.0%
-4.2%
Revenue YoY
-23.3%
8.7%
Net Profit YoY
-112.4%
-379.3%
EPS (diluted)
$-0.18

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
SLNG
SLNG
TLF
TLF
Q4 25
$13.3M
$22.3M
Q3 25
$20.3M
$17.3M
Q2 25
$17.3M
$17.8M
Q1 25
$17.3M
$19.0M
Q4 24
$17.3M
$20.5M
Q3 24
$17.6M
$17.4M
Q2 24
$18.6M
$17.3M
Q1 24
$19.8M
$19.3M
Net Profit
SLNG
SLNG
TLF
TLF
Q4 25
$-262.0K
$-930.0K
Q3 25
$1.1M
$-1.4M
Q2 25
$-613.0K
$-199.0K
Q1 25
$-1.6M
$11.6M
Q4 24
$2.1M
$333.0K
Q3 24
$997.0K
$-132.0K
Q2 24
$27.0K
$101.0K
Q1 24
$1.5M
$525.0K
Gross Margin
SLNG
SLNG
TLF
TLF
Q4 25
24.7%
54.3%
Q3 25
27.6%
58.9%
Q2 25
26.5%
59.5%
Q1 25
26.2%
56.3%
Q4 24
28.5%
53.0%
Q3 24
28.3%
57.8%
Q2 24
27.1%
58.0%
Q1 24
31.6%
56.7%
Operating Margin
SLNG
SLNG
TLF
TLF
Q4 25
-2.4%
-2.8%
Q3 25
5.5%
-3.9%
Q2 25
-2.4%
0.4%
Q1 25
-9.7%
1.4%
Q4 24
12.8%
0.9%
Q3 24
5.0%
-1.5%
Q2 24
2.4%
0.4%
Q1 24
7.8%
3.4%
Net Margin
SLNG
SLNG
TLF
TLF
Q4 25
-2.0%
-4.2%
Q3 25
5.5%
-7.8%
Q2 25
-3.5%
-1.1%
Q1 25
-9.2%
60.8%
Q4 24
12.2%
1.6%
Q3 24
5.7%
-0.8%
Q2 24
0.1%
0.6%
Q1 24
7.4%
2.7%
EPS (diluted)
SLNG
SLNG
TLF
TLF
Q4 25
$-0.18
Q3 25
$0.06
$-0.17
Q2 25
$-0.03
$-0.02
Q1 25
$-0.09
$1.47
Q4 24
$0.12
$0.04
Q3 24
$0.05
$-0.02
Q2 24
$0.00
$0.01
Q1 24
$0.08
$0.06

Balance Sheet & Financial Strength

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

Metric
SLNG
SLNG
TLF
TLF
Cash + ST InvestmentsLiquidity on hand
$7.5M
$16.1M
Total DebtLower is stronger
$7.9M
Stockholders' EquityBook value
$66.7M
$52.6M
Total Assets
$83.1M
$86.6M
Debt / EquityLower = less leverage
0.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SLNG
SLNG
TLF
TLF
Q4 25
$7.5M
$16.1M
Q3 25
$10.3M
$12.0M
Q2 25
$12.2M
$16.4M
Q1 25
$9.0M
$23.6M
Q4 24
$9.0M
$13.3M
Q3 24
$12.4M
$10.1M
Q2 24
$11.5M
$11.5M
Q1 24
$8.3M
$12.3M
Total Debt
SLNG
SLNG
TLF
TLF
Q4 25
$7.9M
Q3 25
$8.3M
Q2 25
$7.6M
Q1 25
$8.3M
Q4 24
$8.9M
Q3 24
$9.3M
Q2 24
$8.6M
Q1 24
$9.1M
Stockholders' Equity
SLNG
SLNG
TLF
TLF
Q4 25
$66.7M
$52.6M
Q3 25
$66.7M
$53.4M
Q2 25
$65.5M
$56.1M
Q1 25
$65.9M
$55.8M
Q4 24
$67.0M
$57.2M
Q3 24
$65.4M
$57.6M
Q2 24
$63.7M
$57.5M
Q1 24
$63.2M
$57.2M
Total Assets
SLNG
SLNG
TLF
TLF
Q4 25
$83.1M
$86.6M
Q3 25
$87.1M
$84.5M
Q2 25
$83.2M
$76.5M
Q1 25
$83.1M
$77.9M
Q4 24
$85.6M
$74.9M
Q3 24
$89.3M
$73.0M
Q2 24
$82.6M
$72.8M
Q1 24
$80.6M
$72.4M
Debt / Equity
SLNG
SLNG
TLF
TLF
Q4 25
0.12×
Q3 25
0.12×
Q2 25
0.12×
Q1 25
0.13×
Q4 24
0.13×
Q3 24
0.14×
Q2 24
0.13×
Q1 24
0.14×

Cash Flow & Capital Efficiency

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

Metric
SLNG
SLNG
TLF
TLF
Operating Cash FlowLast quarter
$669.0K
$5.0M
Free Cash FlowOCF − Capex
$-2.5M
$4.0M
FCF MarginFCF / Revenue
-18.6%
18.1%
Capex IntensityCapex / Revenue
23.7%
4.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$462.0K
$-8.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SLNG
SLNG
TLF
TLF
Q4 25
$669.0K
$5.0M
Q3 25
$2.4M
$-1.0M
Q2 25
$4.5M
$-4.0M
Q1 25
$1.0M
$-536.0K
Q4 24
$2.2M
$4.5M
Q3 24
$2.6M
$-535.0K
Q2 24
$5.0M
$-514.0K
Q1 24
$3.9M
$1.1M
Free Cash Flow
SLNG
SLNG
TLF
TLF
Q4 25
$-2.5M
$4.0M
Q3 25
$-1.5M
$-3.0M
Q2 25
$3.9M
$-7.3M
Q1 25
$538.0K
$-1.9M
Q4 24
$-3.4M
$3.8M
Q3 24
$1.2M
$-1.4M
Q2 24
$3.7M
$-715.0K
Q1 24
$3.1M
$-141.0K
FCF Margin
SLNG
SLNG
TLF
TLF
Q4 25
-18.6%
18.1%
Q3 25
-7.3%
-17.2%
Q2 25
22.4%
-41.0%
Q1 25
3.1%
-9.8%
Q4 24
-19.7%
18.8%
Q3 24
7.1%
-8.2%
Q2 24
19.7%
-4.1%
Q1 24
15.5%
-0.7%
Capex Intensity
SLNG
SLNG
TLF
TLF
Q4 25
23.7%
4.3%
Q3 25
19.1%
11.2%
Q2 25
3.7%
18.7%
Q1 25
2.8%
7.0%
Q4 24
32.3%
3.3%
Q3 24
7.4%
5.1%
Q2 24
7.4%
1.2%
Q1 24
4.4%
6.4%
Cash Conversion
SLNG
SLNG
TLF
TLF
Q4 25
Q3 25
2.14×
Q2 25
Q1 25
-0.05×
Q4 24
1.03×
13.55×
Q3 24
2.56×
Q2 24
186.59×
-5.09×
Q1 24
2.67×
2.07×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SLNG
SLNG

Natural Gas Gathering Transportation Marketing And Processing$11.1M84%
Other$1.3M10%
Services$897.0K7%

TLF
TLF

Segment breakdown not available.

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