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Side-by-side financial comparison of SOLESENCE, INC. (SLSN) and TRIO-TECH INTERNATIONAL (TRT). Click either name above to swap in a different company.

TRIO-TECH INTERNATIONAL is the larger business by last-quarter revenue ($15.6M vs $12.5M, roughly 1.3× SOLESENCE, INC.). SOLESENCE, INC. runs the higher net margin — 1.3% vs 0.8%, a 0.5% gap on every dollar of revenue. On growth, TRIO-TECH INTERNATIONAL posted the faster year-over-year revenue change (81.6% vs -0.7%). Over the past eight quarters, TRIO-TECH INTERNATIONAL's revenue compounded faster (22.7% CAGR vs 12.5%).

Trio-Tech International is a global provider of semiconductor testing and burn-in solutions, alongside specialized manufacturing services for electronic components. It serves clients across the semiconductor, aerospace, and consumer electronics sectors, with operational footprints spanning North America, Asia, and Europe, delivering custom reliability testing systems and related support services.

SLSN vs TRT — Head-to-Head

Bigger by revenue
TRT
TRT
1.3× larger
TRT
$15.6M
$12.5M
SLSN
Growing faster (revenue YoY)
TRT
TRT
+82.2% gap
TRT
81.6%
-0.7%
SLSN
Higher net margin
SLSN
SLSN
0.5% more per $
SLSN
1.3%
0.8%
TRT
Faster 2-yr revenue CAGR
TRT
TRT
Annualised
TRT
22.7%
12.5%
SLSN

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
SLSN
SLSN
TRT
TRT
Revenue
$12.5M
$15.6M
Net Profit
$163.0K
$126.0K
Gross Margin
27.5%
16.0%
Operating Margin
1.5%
0.6%
Net Margin
1.3%
0.8%
Revenue YoY
-0.7%
81.6%
Net Profit YoY
129.2%
-75.1%
EPS (diluted)
$0.00
$0.01

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
SLSN
SLSN
TRT
TRT
Q4 25
$12.5M
$15.6M
Q3 25
$14.6M
$15.5M
Q2 25
$20.4M
$10.7M
Q1 25
$14.6M
$7.4M
Q4 24
$12.6M
$8.6M
Q3 24
$16.9M
$9.8M
Q2 24
$13.0M
$9.7M
Q1 24
$9.9M
$10.4M
Net Profit
SLSN
SLSN
TRT
TRT
Q4 25
$163.0K
$126.0K
Q3 25
$-1.1M
$77.0K
Q2 25
$2.7M
$183.0K
Q1 25
$80.0K
$-495.0K
Q4 24
$-559.0K
$507.0K
Q3 24
$3.0M
$-236.0K
Q2 24
$856.0K
$243.0K
Q1 24
$893.0K
$70.0K
Gross Margin
SLSN
SLSN
TRT
TRT
Q4 25
27.5%
16.0%
Q3 25
23.1%
16.7%
Q2 25
28.9%
24.6%
Q1 25
23.1%
26.8%
Q4 24
22.0%
25.7%
Q3 24
36.2%
23.7%
Q2 24
28.7%
27.5%
Q1 24
36.3%
26.0%
Operating Margin
SLSN
SLSN
TRT
TRT
Q4 25
1.5%
0.6%
Q3 25
-5.4%
0.3%
Q2 25
9.4%
4.4%
Q1 25
1.8%
-4.6%
Q4 24
-1.8%
-0.0%
Q3 24
19.0%
1.4%
Q2 24
8.0%
3.7%
Q1 24
11.3%
0.6%
Net Margin
SLSN
SLSN
TRT
TRT
Q4 25
1.3%
0.8%
Q3 25
-7.7%
0.5%
Q2 25
13.1%
1.7%
Q1 25
0.5%
-6.7%
Q4 24
-4.4%
5.9%
Q3 24
18.1%
-2.4%
Q2 24
6.6%
2.5%
Q1 24
9.0%
0.7%
EPS (diluted)
SLSN
SLSN
TRT
TRT
Q4 25
$0.00
$0.01
Q3 25
$-0.02
$0.02
Q2 25
$0.04
$0.11
Q1 25
$0.00
$-0.12
Q4 24
$0.00
$0.06
Q3 24
$0.04
$-0.06
Q2 24
$0.01
$0.05
Q1 24
$0.02
$0.02

Balance Sheet & Financial Strength

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

Metric
SLSN
SLSN
TRT
TRT
Cash + ST InvestmentsLiquidity on hand
$1.3M
$16.5M
Total DebtLower is stronger
$581.0K
Stockholders' EquityBook value
$17.6M
$33.5M
Total Assets
$50.1M
$45.7M
Debt / EquityLower = less leverage
0.02×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SLSN
SLSN
TRT
TRT
Q4 25
$1.3M
$16.5M
Q3 25
$429.0K
$17.4M
Q2 25
$4.1M
$16.7M
Q1 25
$1.8M
$17.6M
Q4 24
$1.4M
$16.5M
Q3 24
$2.9M
$15.5M
Q2 24
$2.4M
$16.5M
Q1 24
$2.0M
$17.0M
Total Debt
SLSN
SLSN
TRT
TRT
Q4 25
$581.0K
Q3 25
$622.0K
Q2 25
$684.0K
Q1 25
$729.0K
Q4 24
$782.0K
Q3 24
$923.0K
Q2 24
$874.0K
Q1 24
$984.0K
Stockholders' Equity
SLSN
SLSN
TRT
TRT
Q4 25
$17.6M
$33.5M
Q3 25
$17.2M
$34.1M
Q2 25
$18.2M
$34.0M
Q1 25
$15.2M
$32.3M
Q4 24
$14.9M
$31.8M
Q3 24
$15.2M
$33.1M
Q2 24
$11.9M
$31.3M
Q1 24
$5.0M
$31.2M
Total Assets
SLSN
SLSN
TRT
TRT
Q4 25
$50.1M
$45.7M
Q3 25
$54.0M
$47.4M
Q2 25
$60.0M
$41.1M
Q1 25
$57.0M
$40.0M
Q4 24
$50.0M
$39.8M
Q3 24
$48.0M
$42.9M
Q2 24
$40.8M
$42.5M
Q1 24
$38.5M
$43.1M
Debt / Equity
SLSN
SLSN
TRT
TRT
Q4 25
0.02×
Q3 25
0.02×
Q2 25
0.02×
Q1 25
0.02×
Q4 24
0.02×
Q3 24
0.03×
Q2 24
0.03×
Q1 24
0.03×

Cash Flow & Capital Efficiency

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

Metric
SLSN
SLSN
TRT
TRT
Operating Cash FlowLast quarter
$1.8M
$134.0K
Free Cash FlowOCF − Capex
$-152.0K
FCF MarginFCF / Revenue
-1.0%
Capex IntensityCapex / Revenue
1.8%
Cash ConversionOCF / Net Profit
11.16×
1.06×
TTM Free Cash FlowTrailing 4 quarters
$137.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SLSN
SLSN
TRT
TRT
Q4 25
$1.8M
$134.0K
Q3 25
$-2.5M
$933.0K
Q2 25
$-654.0K
$-664.0K
Q1 25
$-7.2M
$781.0K
Q4 24
$2.2M
$2.1M
Q3 24
$4.2M
$-1.9M
Q2 24
$-565.0K
$199.0K
Q1 24
$-3.9M
$1.2M
Free Cash Flow
SLSN
SLSN
TRT
TRT
Q4 25
$-152.0K
Q3 25
$887.0K
Q2 25
$-1.2M
Q1 25
$623.0K
Q4 24
$-404.0K
$1.9M
Q3 24
$2.8M
$-1.9M
Q2 24
$-1.0M
$-135.0K
Q1 24
$-3.9M
$1.1M
FCF Margin
SLSN
SLSN
TRT
TRT
Q4 25
-1.0%
Q3 25
5.7%
Q2 25
-11.4%
Q1 25
8.4%
Q4 24
-3.2%
22.4%
Q3 24
16.6%
-19.7%
Q2 24
-8.0%
-1.4%
Q1 24
-39.9%
10.6%
Capex Intensity
SLSN
SLSN
TRT
TRT
Q4 25
1.8%
Q3 25
0.3%
Q2 25
5.2%
Q1 25
2.1%
Q4 24
20.6%
2.1%
Q3 24
8.3%
0.7%
Q2 24
3.7%
3.4%
Q1 24
0.9%
0.5%
Cash Conversion
SLSN
SLSN
TRT
TRT
Q4 25
11.16×
1.06×
Q3 25
12.12×
Q2 25
-0.25×
-3.63×
Q1 25
-90.26×
Q4 24
4.16×
Q3 24
1.38×
Q2 24
-0.66×
0.82×
Q1 24
-4.32×
16.44×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SLSN
SLSN

Segment breakdown not available.

TRT
TRT

Semiconductor Backend Solutions$12.4M79%
Industrial Electronics$3.3M21%

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