Virco MFG vs Xmax
Virco MFG is the larger business, with $200m of revenue in fiscal 2026 against $16.7m for Xmax (11.9 times as much). Xmax grew faster (72.6% against -25.0%). Virco MFG kept more of each dollar of sales as profit: a net margin of 1.3% against -20.4%.
| Latest fiscal year | Virco MFGVIRC, 2026 | XmaxXMAX, 2025 |
|---|---|---|
| Revenue | $200m | $16.7m |
| Revenue growth | -25.0% | 72.6% |
| Net income | $2.6m | −$3.4m |
| Operating margin | 1.8% | — |
| Net margin | 1.3% | -20.4% |
| Return on equity | 2.4% | -22.0% |
| Free cash flow | −$6.7m | −$445,838 |
| Cash | $14.4m | $6.7m |
| Total debt | $3.9m | $5.0m |
| Debt to equity | 3.7% | — |
| Dividend per share | $0.10 | — |
| Dividend yield | 1.6% | — |
| Share buybacks | $4.0m | — |
| Employees | 731 | 22 |
| Market value | $98.7m | $268m |
| Price vs our value range | Below our value range | — |
| Moat score | 30 (Weak) | 17 (Weak) |
| Insider trades, 12 months | 19 buys, 0 sales | 0 buys, 0 sales |