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Kandal M Venture vs Tandy Leather Factory: revenue, profit, margins and growth compared

Kandal M Venture brought in $17.2M of revenue in fiscal 2025, Tandy Leather Factory $76.3M in fiscal 2025. Revenue changed by +23.0% at Kandal M Venture and +2.6% at Tandy Leather Factory on the year before, so Kandal M Venture grew faster. Kandal M Venture kept 1.2% of its revenue as net profit, Tandy Leather Factory 11.9%. Free cash flow was $2.1M at Kandal M Venture and -$8.1M at Tandy Leather Factory.

Side by side, latest fiscal year

FMFCTLF
Fiscal year endedFY2025 (March 31, 2025)FY2025 (December 31, 2025)
Revenue$17.2M$76.3M
Revenue growth+23.0%+2.6%
Net income$209.7K$9.1M
Net margin1.2%11.9%
Free cash flow$2.1M-$8.1M
Free cash flow margin12.3%-10.6%
Earnings per share (diluted)$0.01$1.10
Cash$102.7K$16.1M
Debt$5.1Mn/a
Price to earningsn/a2.4
Market value$4.2M$21.5M
Dividend yieldn/an/a
Rank by revenue in sector#844 of 955 · Consumer discretionary#741 of 955 · Consumer discretionary

Over the years

Revenue
FMFC FY2023: $13.5MFMFC FY2025: $14MFMFC FY2025: $17.2MTLF FY2018: $83.2MTLF FY2019: $74.9MTLF FY2020: $64.1MTLF FY2021: $82.7MTLF FY2022: $80.3MTLF FY2023: $76.2MTLF FY2024: $74.4MTLF FY2025: $76.3MFY18FY19FY20FY21FY22FY23FY24FY25
FMFC $17.2MTLF $76.3M
Net income
FMFC FY2023: $744.5KFMFC FY2025: $1.1MFMFC FY2025: $209.7KTLF FY2018: $4.4MTLF FY2019: -$1.9MTLF FY2020: -$4.9MTLF FY2021: $1.4MTLF FY2022: $1.2MTLF FY2023: $3.8MTLF FY2024: $827KTLF FY2025: $9.1MFY18FY19FY20FY21FY22FY23FY24FY25
FMFC $209.7KTLF $9.1M
Net margin
FMFC FY2023: 5.5%FMFC FY2025: 8.0%FMFC FY2025: 1.2%TLF FY2018: 5.3%TLF FY2019: -2.5%TLF FY2020: -7.6%TLF FY2021: 1.6%TLF FY2022: 1.5%TLF FY2023: 4.9%TLF FY2024: 1.1%TLF FY2025: 11.9%FY18FY19FY20FY21FY22FY23FY24FY25
FMFC 1.2%TLF 11.9%
Revenue growth
FMFC FY2025: +3.7%FMFC FY2025: +23.0%TLF FY2019: -10.0%TLF FY2020: -14.5%TLF FY2021: +29.0%TLF FY2022: -2.8%TLF FY2023: -5.1%TLF FY2024: -2.4%TLF FY2025: +2.6%FY19FY20FY21FY22FY23FY24FY25
FMFC +23.0%TLF +2.6%
Free cash flow
FMFC FY2023: $2.2MFMFC FY2025: $3.1MFMFC FY2025: $2.1MTLF FY2018: $6.7MTLF FY2019: $10.2MTLF FY2020: -$13.8MTLF FY2021: $2.7MTLF FY2022: $519KTLF FY2023: $4MTLF FY2024: $1.6MTLF FY2025: -$8.1MFY18FY19FY20FY21FY22FY23FY24FY25
FMFC $2.1MTLF -$8.1M

Fiscal years as each company reports them; the two may end in different months.

Questions about Kandal M Venture and Tandy Leather Factory

Which is bigger by revenue, Kandal M Venture or Tandy Leather Factory?

Tandy Leather Factory is bigger by revenue: $76.3M in fiscal 2025, against $17.2M for Kandal M Venture in fiscal 2025.

Which keeps more of its revenue as profit, Kandal M Venture or Tandy Leather Factory?

Kandal M Venture had a net margin of 1.2% in fiscal 2025; Tandy Leather Factory had 11.9% in fiscal 2025.

Which grew revenue faster, Kandal M Venture or Tandy Leather Factory?

In their latest fiscal years revenue changed by +23.0% at Kandal M Venture and +2.6% at Tandy Leather Factory.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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