Mindwalk Holdings vs Surrozen
Mindwalk Holdings is the larger business, with $11.3m of revenue in fiscal 2026 against $3.5m for Surrozen (3.2 times as much). Mindwalk Holdings grew faster (47.8% against -67.4%). Mindwalk Holdings kept more of each dollar of sales as profit: a net margin of -89.7% against -6960.8%.
| Latest fiscal year | Mindwalk HoldingsHYFT, 2026 | SurrozenSRZN, 2025 |
|---|---|---|
| Revenue | $11.3m | $3.5m |
| Revenue growth | 47.8% | -67.4% |
| Net income | −$10.1m | −$242m |
| Operating margin | — | -1210.6% |
| Net margin | -89.7% | -6960.8% |
| Return on equity | -78.5% | — |
| Free cash flow | −$9.3m | −$30.4m |
| Cash | $8.4m | $89.2m |
| Total debt | $0 | $0 |
| Debt to equity | 0.0% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | — | 44 |
| Market value | $50.6m | $351m |
| Price vs our value range | — | — |
| Moat score | — | — |
| Insider trades, 12 months | 0 buys, 0 sales | 53 buys, 6 sales |