vs

Side-by-side financial comparison of Stabilis Solutions, Inc. (SLNG) and VisionWave Holdings, Inc. (VWAV). Click either name above to swap in a different company.

Stabilis Solutions, Inc. is the larger business by last-quarter revenue ($13.3M vs $10.0M, roughly 1.3× VisionWave Holdings, Inc.). Stabilis Solutions, Inc. runs the higher net margin — -2.0% vs -69.4%, a 67.4% gap on every dollar of revenue.

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.

CoMix Wave Films, Inc. is a Japanese independent animation film studio and distribution company based in Chiyoda, Tokyo, Japan. The studio is known for its anime feature films, short films, and television commercials, particularly those made by director Makoto Shinkai. It was founded in March 2007 when it split from CoMix Wave Inc., which was initially formed in 1998 from Itochu Corporation, ASATSU, and other companies. On 15 October 2024, Toho announced that they'd acquired 45 shares or 6.0...

SLNG vs VWAV — Head-to-Head

Bigger by revenue
SLNG
SLNG
1.3× larger
SLNG
$13.3M
$10.0M
VWAV
Higher net margin
SLNG
SLNG
67.4% more per $
SLNG
-2.0%
-69.4%
VWAV

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
SLNG
SLNG
VWAV
VWAV
Revenue
$13.3M
$10.0M
Net Profit
$-262.0K
$-6.9M
Gross Margin
24.7%
Operating Margin
-2.4%
-65.7%
Net Margin
-2.0%
-69.4%
Revenue YoY
-23.3%
Net Profit YoY
-112.4%
-1522.6%
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.

Revenue
SLNG
SLNG
VWAV
VWAV
Q4 25
$13.3M
$10.0M
Q3 25
$20.3M
Q2 25
$17.3M
Q1 25
$17.3M
Q4 24
$17.3M
Q3 24
$17.6M
Q2 24
$18.6M
Q1 24
$19.8M
Net Profit
SLNG
SLNG
VWAV
VWAV
Q4 25
$-262.0K
$-6.9M
Q3 25
$1.1M
Q2 25
$-613.0K
Q1 25
$-1.6M
Q4 24
$2.1M
Q3 24
$997.0K
Q2 24
$27.0K
Q1 24
$1.5M
Gross Margin
SLNG
SLNG
VWAV
VWAV
Q4 25
24.7%
Q3 25
27.6%
Q2 25
26.5%
Q1 25
26.2%
Q4 24
28.5%
Q3 24
28.3%
Q2 24
27.1%
Q1 24
31.6%
Operating Margin
SLNG
SLNG
VWAV
VWAV
Q4 25
-2.4%
-65.7%
Q3 25
5.5%
Q2 25
-2.4%
Q1 25
-9.7%
Q4 24
12.8%
Q3 24
5.0%
Q2 24
2.4%
Q1 24
7.8%
Net Margin
SLNG
SLNG
VWAV
VWAV
Q4 25
-2.0%
-69.4%
Q3 25
5.5%
Q2 25
-3.5%
Q1 25
-9.2%
Q4 24
12.2%
Q3 24
5.7%
Q2 24
0.1%
Q1 24
7.4%
EPS (diluted)
SLNG
SLNG
VWAV
VWAV
Q4 25
Q3 25
$0.06
Q2 25
$-0.03
Q1 25
$-0.09
Q4 24
$0.12
Q3 24
$0.05
Q2 24
$0.00
Q1 24
$0.08

Balance Sheet & Financial Strength

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

Metric
SLNG
SLNG
VWAV
VWAV
Cash + ST InvestmentsLiquidity on hand
$7.5M
$15.7K
Total DebtLower is stronger
$7.9M
Stockholders' EquityBook value
$66.7M
$3.1M
Total Assets
$83.1M
$18.4M
Debt / EquityLower = less leverage
0.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SLNG
SLNG
VWAV
VWAV
Q4 25
$7.5M
$15.7K
Q3 25
$10.3M
Q2 25
$12.2M
Q1 25
$9.0M
Q4 24
$9.0M
Q3 24
$12.4M
Q2 24
$11.5M
Q1 24
$8.3M
Total Debt
SLNG
SLNG
VWAV
VWAV
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
VWAV
VWAV
Q4 25
$66.7M
$3.1M
Q3 25
$66.7M
Q2 25
$65.5M
Q1 25
$65.9M
Q4 24
$67.0M
Q3 24
$65.4M
Q2 24
$63.7M
Q1 24
$63.2M
Total Assets
SLNG
SLNG
VWAV
VWAV
Q4 25
$83.1M
$18.4M
Q3 25
$87.1M
Q2 25
$83.2M
Q1 25
$83.1M
Q4 24
$85.6M
Q3 24
$89.3M
Q2 24
$82.6M
Q1 24
$80.6M
Debt / Equity
SLNG
SLNG
VWAV
VWAV
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
VWAV
VWAV
Operating Cash FlowLast quarter
$669.0K
$-5.4M
Free Cash FlowOCF − Capex
$-2.5M
FCF MarginFCF / Revenue
-18.6%
Capex IntensityCapex / Revenue
23.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$462.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SLNG
SLNG
VWAV
VWAV
Q4 25
$669.0K
$-5.4M
Q3 25
$2.4M
Q2 25
$4.5M
Q1 25
$1.0M
Q4 24
$2.2M
Q3 24
$2.6M
Q2 24
$5.0M
Q1 24
$3.9M
Free Cash Flow
SLNG
SLNG
VWAV
VWAV
Q4 25
$-2.5M
Q3 25
$-1.5M
Q2 25
$3.9M
Q1 25
$538.0K
Q4 24
$-3.4M
Q3 24
$1.2M
Q2 24
$3.7M
Q1 24
$3.1M
FCF Margin
SLNG
SLNG
VWAV
VWAV
Q4 25
-18.6%
Q3 25
-7.3%
Q2 25
22.4%
Q1 25
3.1%
Q4 24
-19.7%
Q3 24
7.1%
Q2 24
19.7%
Q1 24
15.5%
Capex Intensity
SLNG
SLNG
VWAV
VWAV
Q4 25
23.7%
Q3 25
19.1%
Q2 25
3.7%
Q1 25
2.8%
Q4 24
32.3%
Q3 24
7.4%
Q2 24
7.4%
Q1 24
4.4%
Cash Conversion
SLNG
SLNG
VWAV
VWAV
Q4 25
Q3 25
2.14×
Q2 25
Q1 25
Q4 24
1.03×
Q3 24
2.56×
Q2 24
186.59×
Q1 24
2.67×

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%

VWAV
VWAV

Segment breakdown not available.

Related Comparisons