undamentalytics Newsletter

Dreamland vs Forcendra Holding

Forcendra Holding is the larger business, with $7.5m of revenue in fiscal 2025 against $6.5m for Dreamland (1.2 times as much). Dreamland grew faster (10.5% against -8.8%). Forcendra Holding kept more of each dollar of sales as profit: a net margin of -114.5% against -146.1%. Forcendra Holding carries less debt relative to equity (0.0% against 328.7%).

Latest fiscal yearDreamlandTDIC, 2026Forcendra HoldingVSME, 2025
Revenue $6.5m $7.5m
Revenue growth 10.5% -8.8%
Net income −$9.5m −$8.6m
Operating margin -134.7% -85.4%
Net margin -146.1% -114.5%
Return on equity — —
Free cash flow −$2.6m −$3.5m
Cash $2.6m $976,088
Total debt $2.4m $0
Debt to equity 328.7% 0.0%
Dividend per share — —
Dividend yield — —
Share buybacks — —
Employees — —
Market value $6.4m $1.1m
Price vs our value range — —
Moat score — —
Insider trades, 12 months 6 buys, 0 sales 0 buys, 0 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

Go deeper

Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.