CSP vs Maase
CSP is the larger business, with $58.7m of revenue in fiscal 2025 against $26.2m for Maase (2.2 times as much). CSP grew faster (6.4% against -75.8%). CSP kept more of each dollar of sales as profit: a net margin of -0.2% against -102.1%.
| Latest fiscal year | CSPCSPI, 2025 | MaaseMAAS, 2026 |
|---|---|---|
| Revenue | $58.7m | $26.2m |
| Revenue growth | 6.4% | -75.8% |
| Net income | −$91,000 | −$26.8m |
| Operating margin | -5.3% | — |
| Net margin | -0.2% | -102.1% |
| Return on equity | -0.2% | -7.0% |
| Free cash flow | $1.9m | −$15.3m |
| Cash | $27.4m | $5.5m |
| Total debt | $903,000 | $5.8m |
| Debt to equity | 2.0% | — |
| Dividend per share | $0.12 | — |
| Dividend yield | — | — |
| Share buybacks | $869,000 | — |
| Employees | 123 | — |
| Market value | $76.6m | $3.54bn |
| Price vs our value range | Above our value range | — |
| Moat score | 17 (Weak) | — |
| Insider trades, 12 months | 50 buys, 0 sales | 0 buys, 0 sales |