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Side-by-side financial comparison of ATLANTIC AMERICAN CORP (AAME) and BillionToOne, Inc. (BLLN). Click either name above to swap in a different company.

BillionToOne, Inc. is the larger business by last-quarter revenue ($83.5M vs $53.8M, roughly 1.6× ATLANTIC AMERICAN CORP). BillionToOne, Inc. runs the higher net margin — 6.8% vs 1.1%, a 5.8% gap on every dollar of revenue. On growth, BillionToOne, Inc. posted the faster year-over-year revenue change (117.4% vs 20.8%). ATLANTIC AMERICAN CORP produced more free cash flow last quarter ($6.6M vs $6.5M).

The Atlantic Telegraph Company was a company formed on 6 November 1856 to undertake and exploit a commercial telegraph cable across the Atlantic Ocean, the first such telecommunications link.

BillionToOne, Inc. is a life sciences and molecular diagnostics firm developing high-precision genetic testing solutions. Its core offerings include non-invasive prenatal tests, oncology diagnostics, and rare disease screening, serving clinical providers and patients mainly in North America.

AAME vs BLLN — Head-to-Head

Bigger by revenue
BLLN
BLLN
1.6× larger
BLLN
$83.5M
$53.8M
AAME
Growing faster (revenue YoY)
BLLN
BLLN
+96.6% gap
BLLN
117.4%
20.8%
AAME
Higher net margin
BLLN
BLLN
5.8% more per $
BLLN
6.8%
1.1%
AAME
More free cash flow
AAME
AAME
$152.0K more FCF
AAME
$6.6M
$6.5M
BLLN

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
AAME
AAME
BLLN
BLLN
Revenue
$53.8M
$83.5M
Net Profit
$577.0K
$5.7M
Gross Margin
69.9%
Operating Margin
1.4%
11.5%
Net Margin
1.1%
6.8%
Revenue YoY
20.8%
117.4%
Net Profit YoY
128.9%
138.3%
EPS (diluted)
$0.02
$0.10

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AAME
AAME
BLLN
BLLN
Q3 25
$53.8M
$83.5M
Q2 25
$55.3M
Q1 25
$50.1M
Q4 24
$49.0M
$45.1M
Q3 24
$44.5M
$38.4M
Q2 24
$47.7M
Q1 24
$47.0M
Q4 23
$46.7M
Net Profit
AAME
AAME
BLLN
BLLN
Q3 25
$577.0K
$5.7M
Q2 25
$3.3M
Q1 25
$802.0K
Q4 24
$412.0K
$-11.5M
Q3 24
$-2.0M
$-14.9M
Q2 24
$-684.0K
Q1 24
$-2.0M
Q4 23
$-2.2M
Gross Margin
AAME
AAME
BLLN
BLLN
Q3 25
69.9%
Q2 25
Q1 25
Q4 24
57.1%
Q3 24
52.6%
Q2 24
Q1 24
Q4 23
Operating Margin
AAME
AAME
BLLN
BLLN
Q3 25
1.4%
11.5%
Q2 25
7.6%
Q1 25
2.1%
Q4 24
1.1%
17.0%
Q3 24
-5.5%
-32.9%
Q2 24
-1.8%
Q1 24
-5.3%
Q4 23
-6.6%
Net Margin
AAME
AAME
BLLN
BLLN
Q3 25
1.1%
6.8%
Q2 25
6.0%
Q1 25
1.6%
Q4 24
0.8%
-25.5%
Q3 24
-4.5%
-38.8%
Q2 24
-1.4%
Q1 24
-4.3%
Q4 23
-4.8%
EPS (diluted)
AAME
AAME
BLLN
BLLN
Q3 25
$0.02
$0.10
Q2 25
$0.15
Q1 25
$0.03
Q4 24
$0.01
$-1.13
Q3 24
$-0.10
$-1.47
Q2 24
$-0.04
Q1 24
$-0.10
Q4 23
$-0.11

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AAME
AAME
BLLN
BLLN
Cash + ST InvestmentsLiquidity on hand
$34.4M
$195.2M
Total DebtLower is stronger
$55.0M
Stockholders' EquityBook value
$109.5M
$-239.5M
Total Assets
$430.9M
$327.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AAME
AAME
BLLN
BLLN
Q3 25
$34.4M
$195.2M
Q2 25
$46.4M
Q1 25
$35.9M
Q4 24
$35.6M
$191.5M
Q3 24
$23.0M
Q2 24
$21.2M
Q1 24
$21.2M
Q4 23
$28.3M
Total Debt
AAME
AAME
BLLN
BLLN
Q3 25
$55.0M
Q2 25
Q1 25
Q4 24
$51.5M
Q3 24
Q2 24
Q1 24
Q4 23
Stockholders' Equity
AAME
AAME
BLLN
BLLN
Q3 25
$109.5M
$-239.5M
Q2 25
$106.2M
Q1 25
$102.4M
Q4 24
$99.6M
$-251.7M
Q3 24
$105.8M
$-242.9M
Q2 24
$100.7M
Q1 24
$102.8M
Q4 23
$107.3M
Total Assets
AAME
AAME
BLLN
BLLN
Q3 25
$430.9M
$327.5M
Q2 25
$429.3M
Q1 25
$388.4M
Q4 24
$393.4M
$302.1M
Q3 24
$387.0M
Q2 24
$386.0M
Q1 24
$365.8M
Q4 23
$381.3M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AAME
AAME
BLLN
BLLN
Operating Cash FlowLast quarter
$6.6M
$13.8M
Free Cash FlowOCF − Capex
$6.6M
$6.5M
FCF MarginFCF / Revenue
12.3%
7.7%
Capex IntensityCapex / Revenue
0.1%
8.8%
Cash ConversionOCF / Net Profit
11.51×
2.42×
TTM Free Cash FlowTrailing 4 quarters
$19.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AAME
AAME
BLLN
BLLN
Q3 25
$6.6M
$13.8M
Q2 25
$9.3M
Q1 25
$-722.0K
Q4 24
$4.8M
Q3 24
$90.0K
Q2 24
$416.0K
Q1 24
$-5.3M
Q4 23
$6.2M
Free Cash Flow
AAME
AAME
BLLN
BLLN
Q3 25
$6.6M
$6.5M
Q2 25
$9.1M
Q1 25
$-986.0K
Q4 24
$4.6M
Q3 24
$58.0K
Q2 24
$361.0K
Q1 24
$-5.4M
Q4 23
$6.2M
FCF Margin
AAME
AAME
BLLN
BLLN
Q3 25
12.3%
7.7%
Q2 25
16.5%
Q1 25
-2.0%
Q4 24
9.3%
Q3 24
0.1%
Q2 24
0.8%
Q1 24
-11.4%
Q4 23
13.2%
Capex Intensity
AAME
AAME
BLLN
BLLN
Q3 25
0.1%
8.8%
Q2 25
0.3%
Q1 25
0.5%
Q4 24
0.5%
Q3 24
0.1%
Q2 24
0.1%
Q1 24
0.1%
Q4 23
0.0%
Cash Conversion
AAME
AAME
BLLN
BLLN
Q3 25
11.51×
2.42×
Q2 25
2.80×
Q1 25
-0.90×
Q4 24
11.65×
Q3 24
Q2 24
Q1 24
Q4 23

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AAME
AAME

Bankers Fidelity$30.0M56%
American Southern$23.7M44%

BLLN
BLLN

Prenatal$74.1M89%
Oncology$8.7M10%

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