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Side-by-side financial comparison of SuperCom Ltd (SPCB) and TRX GOLD Corp (TRX). Click either name above to swap in a different company.

TRX GOLD Corp is the larger business by last-quarter revenue ($25.1M vs $14.2M, roughly 1.8× SuperCom Ltd). SuperCom Ltd runs the higher net margin — 37.5% vs -2.0%, a 39.5% gap on every dollar of revenue. On growth, TRX GOLD Corp posted the faster year-over-year revenue change (100.5% vs -1.5%).

Super.com is a technology company headquartered in San Francisco and co-founded by Hussein Fazal and Henry Shi. The company provides financial services, including reward programs and travel bookings.

TRX Gold Corp is a mineral exploration and development firm primarily engaged in the identification, evaluation, and development of gold resource assets. It conducts most of its operations in East Africa, with core project holdings in Tanzania, targeting high-grade deposits to deliver sustainable production and stakeholder value.

SPCB vs TRX — Head-to-Head

Bigger by revenue
TRX
TRX
1.8× larger
TRX
$25.1M
$14.2M
SPCB
Growing faster (revenue YoY)
TRX
TRX
+101.9% gap
TRX
100.5%
-1.5%
SPCB
Higher net margin
SPCB
SPCB
39.5% more per $
SPCB
37.5%
-2.0%
TRX

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
SPCB
SPCB
TRX
TRX
Revenue
$14.2M
$25.1M
Net Profit
$5.3M
$-496.0K
Gross Margin
61.2%
56.6%
Operating Margin
16.3%
Net Margin
37.5%
-2.0%
Revenue YoY
-1.5%
100.5%
Net Profit YoY
79.5%
-123.2%
EPS (diluted)
$1.32
$-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
SPCB
SPCB
TRX
TRX
Q4 25
$25.1M
Q2 25
$14.2M
$12.5M
Q1 25
$9.1M
Q4 24
$12.5M
Q2 24
$14.4M
$10.1M
Q1 24
$8.0M
Q4 23
$9.4M
Q2 23
$14.1M
$9.3M
Net Profit
SPCB
SPCB
TRX
TRX
Q4 25
$-496.0K
Q2 25
$5.3M
$1.1M
Q1 25
$-1.9M
Q4 24
$2.1M
Q2 24
$3.0M
$-1.7M
Q1 24
$1.9M
Q4 23
$-39.0K
Q2 23
$-2.6M
$-374.0K
Gross Margin
SPCB
SPCB
TRX
TRX
Q4 25
56.6%
Q2 25
61.2%
35.1%
Q1 25
23.5%
Q4 24
38.6%
Q2 24
52.3%
42.9%
Q1 24
41.0%
Q4 23
39.5%
Q2 23
27.2%
41.7%
Operating Margin
SPCB
SPCB
TRX
TRX
Q4 25
Q2 25
16.3%
Q1 25
Q4 24
Q2 24
7.7%
Q1 24
Q4 23
Q2 23
-12.2%
Net Margin
SPCB
SPCB
TRX
TRX
Q4 25
-2.0%
Q2 25
37.5%
8.9%
Q1 25
-21.3%
Q4 24
17.1%
Q2 24
20.6%
-16.3%
Q1 24
24.1%
Q4 23
-0.4%
Q2 23
-18.3%
-4.0%
EPS (diluted)
SPCB
SPCB
TRX
TRX
Q4 25
$-0.01
Q2 25
$1.32
$0.00
Q1 25
$-0.01
Q4 24
$0.00
Q2 24
$1.19
$-0.01
Q1 24
$0.00
Q4 23
$0.00
Q2 23
$-10.66
$0.00

Balance Sheet & Financial Strength

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

Metric
SPCB
SPCB
TRX
TRX
Cash + ST InvestmentsLiquidity on hand
$15.0M
$9.2M
Total DebtLower is stronger
$23.6M
Stockholders' EquityBook value
$37.3M
$74.5M
Total Assets
$65.5M
$129.6M
Debt / EquityLower = less leverage
0.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SPCB
SPCB
TRX
TRX
Q4 25
$9.2M
Q2 25
$15.0M
$3.6M
Q1 25
$6.0M
Q4 24
$6.8M
Q2 24
$5.7M
$7.7M
Q1 24
$8.0M
Q4 23
$8.3M
Q2 23
$1.1M
$7.2M
Total Debt
SPCB
SPCB
TRX
TRX
Q4 25
Q2 25
$23.6M
Q1 25
Q4 24
Q2 24
$29.2M
Q1 24
Q4 23
Q2 23
$32.9M
Stockholders' Equity
SPCB
SPCB
TRX
TRX
Q4 25
$74.5M
Q2 25
$37.3M
$69.0M
Q1 25
$67.5M
Q4 24
$68.4M
Q2 24
$13.8M
$62.5M
Q1 24
$63.9M
Q4 23
$61.5M
Q2 23
$3.5M
$58.2M
Total Assets
SPCB
SPCB
TRX
TRX
Q4 25
$129.6M
Q2 25
$65.5M
$112.3M
Q1 25
$106.7M
Q4 24
$102.6M
Q2 24
$49.6M
$92.6M
Q1 24
$88.2M
Q4 23
$87.1M
Q2 23
$40.8M
$84.2M
Debt / Equity
SPCB
SPCB
TRX
TRX
Q4 25
Q2 25
0.63×
Q1 25
Q4 24
Q2 24
2.11×
Q1 24
Q4 23
Q2 23
9.49×

Cash Flow & Capital Efficiency

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

Metric
SPCB
SPCB
TRX
TRX
Operating Cash FlowLast quarter
$-2.2M
$4.0M
Free Cash FlowOCF − Capex
$-3.6M
FCF MarginFCF / Revenue
-25.3%
Capex IntensityCapex / Revenue
10.0%
Cash ConversionOCF / Net Profit
-0.41×
TTM Free Cash FlowTrailing 4 quarters
$-14.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SPCB
SPCB
TRX
TRX
Q4 25
$4.0M
Q2 25
$-2.2M
$3.4M
Q1 25
$2.0M
Q4 24
$2.4M
Q2 24
$-950.0K
$3.1M
Q1 24
$1.0M
Q4 23
$5.1M
Q2 23
$-3.4M
$3.2M
Free Cash Flow
SPCB
SPCB
TRX
TRX
Q4 25
Q2 25
$-3.6M
Q1 25
Q4 24
Q2 24
$-1.6M
Q1 24
Q4 23
Q2 23
$-4.5M
FCF Margin
SPCB
SPCB
TRX
TRX
Q4 25
Q2 25
-25.3%
Q1 25
Q4 24
Q2 24
-10.8%
Q1 24
Q4 23
Q2 23
-31.5%
Capex Intensity
SPCB
SPCB
TRX
TRX
Q4 25
Q2 25
10.0%
Q1 25
Q4 24
Q2 24
4.2%
Q1 24
Q4 23
Q2 23
7.4%
Cash Conversion
SPCB
SPCB
TRX
TRX
Q4 25
Q2 25
-0.41×
3.10×
Q1 25
Q4 24
1.11×
Q2 24
-0.32×
Q1 24
0.54×
Q4 23
Q2 23

Financial Flow Comparison

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

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