Well first of all, you should compare the 9038D to the Takt C, not the 9038S since D=SE and S=Balanced. The chip in the Takt C (9018) is known to sound quite shrill and metallic. The 9038 fixes this inherent flaw (though it still sounds analytical rather than musical (AK4493)). Furthermore, the Takt is laughably underpowered compared to the 9038D. At 32Ohm, it can only manage 1.5VRMS (=45mW) compared to the 9038D's 340mW. S/N Ratio is also higher on the 9038S with -123dB compared to -120dB on the Cozoy. Additionally, Cozoy doesn't even provide THD+N measurements which certainly doesn't paint a nice picture for the brand. Moreover, Cozoy deploys at least some amount of BS marketing with lots and lots of meaningless buzzwords and things like gold plated USB-C connectors (*sigh*). You'd be hard pressed to find anything like that with E1DA products. As the finishing touch, the 9038D will only cost you $70-80 compared to $115 for the Takt C.