vs

Side-by-side financial comparison of UTAH MEDICAL PRODUCTS INC (UTMD) and X3 Holdings Co., Ltd. (XTKG). Click either name above to swap in a different company.

UTAH MEDICAL PRODUCTS INC is the larger business by last-quarter revenue ($9.0M vs $5.0M, roughly 1.8× X3 Holdings Co., Ltd.). UTAH MEDICAL PRODUCTS INC produced more free cash flow last quarter ($3.4M vs $-1.7M).

Varian Medical Systems is an American radiation oncology treatments and software maker based in Palo Alto, California. Their medical devices include linear accelerators (LINACs) and software for treating cancer and other medical conditions with radiotherapy, radiosurgery, proton therapy, and brachytherapy. The company supplies software for managing cancer clinics, radiotherapy centers, and medical oncology practices. Varian Medical Systems employs more than 7,100 people at manufacturing sites...

UTMD vs XTKG — Head-to-Head

Bigger by revenue
UTMD
UTMD
1.8× larger
UTMD
$9.0M
$5.0M
XTKG
More free cash flow
UTMD
UTMD
$5.1M more FCF
UTMD
$3.4M
$-1.7M
XTKG

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
UTMD
UTMD
XTKG
XTKG
Revenue
$9.0M
$5.0M
Net Profit
$2.6M
Gross Margin
58.2%
Operating Margin
27.0%
Net Margin
28.4%
Revenue YoY
-1.2%
Net Profit YoY
-11.6%
EPS (diluted)
$0.80

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
UTMD
UTMD
XTKG
XTKG
Q4 25
$9.0M
Q3 25
$9.8M
Q2 25
$10.0M
$5.0M
Q1 25
$9.7M
Q4 24
$9.2M
Q3 24
$10.0M
Q2 24
$10.4M
$6.6M
Q1 24
$11.3M
Net Profit
UTMD
UTMD
XTKG
XTKG
Q4 25
$2.6M
Q3 25
$2.6M
Q2 25
$3.0M
Q1 25
$3.0M
Q4 24
$2.9M
Q3 24
$3.6M
Q2 24
$3.5M
$-57.6M
Q1 24
$4.0M
Gross Margin
UTMD
UTMD
XTKG
XTKG
Q4 25
58.2%
Q3 25
57.1%
Q2 25
56.2%
Q1 25
57.0%
Q4 24
58.1%
Q3 24
58.0%
Q2 24
60.1%
28.0%
Q1 24
59.7%
Operating Margin
UTMD
UTMD
XTKG
XTKG
Q4 25
27.0%
Q3 25
26.6%
Q2 25
32.1%
Q1 25
32.5%
Q4 24
32.0%
Q3 24
33.4%
Q2 24
33.1%
-219.1%
Q1 24
34.2%
Net Margin
UTMD
UTMD
XTKG
XTKG
Q4 25
28.4%
Q3 25
26.8%
Q2 25
30.6%
Q1 25
31.3%
Q4 24
31.7%
Q3 24
35.6%
Q2 24
33.2%
-874.1%
Q1 24
34.9%
EPS (diluted)
UTMD
UTMD
XTKG
XTKG
Q4 25
$0.80
Q3 25
$0.82
Q2 25
$0.94
Q1 25
$0.92
Q4 24
$0.86
Q3 24
$1.03
Q2 24
$0.98
Q1 24
$1.09

Balance Sheet & Financial Strength

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

Metric
UTMD
UTMD
XTKG
XTKG
Cash + ST InvestmentsLiquidity on hand
$85.8M
$2.6M
Total DebtLower is stronger
$225.0K
Stockholders' EquityBook value
$119.3M
$42.6M
Total Assets
$122.5M
$71.7M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
UTMD
UTMD
XTKG
XTKG
Q4 25
$85.8M
Q3 25
$84.3M
Q2 25
$82.2M
$2.6M
Q1 25
$83.3M
Q4 24
$83.0M
Q3 24
$88.5M
Q2 24
$89.2M
$1.5M
Q1 24
$93.8M
Total Debt
UTMD
UTMD
XTKG
XTKG
Q4 25
$225.0K
Q3 25
Q2 25
Q1 25
$269.0K
Q4 24
$282.0K
Q3 24
Q2 24
Q1 24
Stockholders' Equity
UTMD
UTMD
XTKG
XTKG
Q4 25
$119.3M
Q3 25
$118.3M
Q2 25
$117.5M
$42.6M
Q1 25
$117.0M
Q4 24
$117.4M
Q3 24
$124.2M
Q2 24
$124.1M
$125.5M
Q1 24
$127.7M
Total Assets
UTMD
UTMD
XTKG
XTKG
Q4 25
$122.5M
Q3 25
$122.0M
Q2 25
$120.8M
$71.7M
Q1 25
$122.5M
Q4 24
$122.5M
Q3 24
$129.7M
Q2 24
$130.0M
$171.3M
Q1 24
$135.4M
Debt / Equity
UTMD
UTMD
XTKG
XTKG
Q4 25
0.00×
Q3 25
Q2 25
Q1 25
0.00×
Q4 24
0.00×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
UTMD
UTMD
XTKG
XTKG
Operating Cash FlowLast quarter
$3.5M
$-1.1M
Free Cash FlowOCF − Capex
$3.4M
$-1.7M
FCF MarginFCF / Revenue
37.2%
-34.1%
Capex IntensityCapex / Revenue
1.2%
12.1%
Cash ConversionOCF / Net Profit
1.36×
TTM Free Cash FlowTrailing 4 quarters
$14.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
UTMD
UTMD
XTKG
XTKG
Q4 25
$3.5M
Q3 25
$3.9M
Q2 25
$2.9M
$-1.1M
Q1 25
$4.5M
Q4 24
$2.9M
Q3 24
$3.9M
Q2 24
$2.8M
$-7.0M
Q1 24
$5.3M
Free Cash Flow
UTMD
UTMD
XTKG
XTKG
Q4 25
$3.4M
Q3 25
$3.9M
Q2 25
$2.8M
$-1.7M
Q1 25
$4.3M
Q4 24
$2.9M
Q3 24
$3.8M
Q2 24
$2.7M
$-7.0M
Q1 24
$5.3M
FCF Margin
UTMD
UTMD
XTKG
XTKG
Q4 25
37.2%
Q3 25
39.2%
Q2 25
28.4%
-34.1%
Q1 25
44.1%
Q4 24
32.0%
Q3 24
37.7%
Q2 24
25.5%
-106.9%
Q1 24
46.3%
Capex Intensity
UTMD
UTMD
XTKG
XTKG
Q4 25
1.2%
Q3 25
0.3%
Q2 25
0.5%
12.1%
Q1 25
1.9%
Q4 24
0.1%
Q3 24
0.9%
Q2 24
1.1%
0.3%
Q1 24
0.2%
Cash Conversion
UTMD
UTMD
XTKG
XTKG
Q4 25
1.36×
Q3 25
1.47×
Q2 25
0.94×
Q1 25
1.47×
Q4 24
1.01×
Q3 24
1.08×
Q2 24
0.80×
Q1 24
1.33×

Financial Flow Comparison

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

Revenue Breakdown by Segment

UTMD
UTMD

Segment breakdown not available.

XTKG
XTKG

Consulting and technical support services$2.4M48%
Other$1.5M30%
Application development services$884.5K18%
Subscription services$215.4K4%

Related Comparisons