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Side-by-side financial comparison of ATLANTIC AMERICAN CORP (AAME) and RCI HOSPITALITY HOLDINGS, INC. (RICK). Click either name above to swap in a different company.

RCI HOSPITALITY HOLDINGS, INC. is the larger business by last-quarter revenue ($70.9M vs $53.8M, roughly 1.3× ATLANTIC AMERICAN CORP). ATLANTIC AMERICAN CORP runs the higher net margin — 1.1% vs -7.8%, a 8.8% gap on every dollar of revenue. On growth, ATLANTIC AMERICAN CORP posted the faster year-over-year revenue change (20.8% vs -3.1%). RCI HOSPITALITY HOLDINGS, INC. produced more free cash flow last quarter ($11.5M vs $6.6M). Over the past eight quarters, ATLANTIC AMERICAN CORP's revenue compounded faster (7.2% CAGR vs -2.0%).

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.

RCI Hospitality Holdings, Inc., through its subsidiaries, operates strip clubs, nightclubs, sports bars/restaurants, and a media and convention company that serves the adult club industry. RCI went public with an IPO in 1995 is listed on The NASDAQ Global Market under the symbol RICK.

AAME vs RICK — Head-to-Head

Bigger by revenue
RICK
RICK
1.3× larger
RICK
$70.9M
$53.8M
AAME
Growing faster (revenue YoY)
AAME
AAME
+23.9% gap
AAME
20.8%
-3.1%
RICK
Higher net margin
AAME
AAME
8.8% more per $
AAME
1.1%
-7.8%
RICK
More free cash flow
RICK
RICK
$4.9M more FCF
RICK
$11.5M
$6.6M
AAME
Faster 2-yr revenue CAGR
AAME
AAME
Annualised
AAME
7.2%
-2.0%
RICK

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
AAME
AAME
RICK
RICK
Revenue
$53.8M
$70.9M
Net Profit
$577.0K
$-5.5M
Gross Margin
Operating Margin
1.4%
-0.7%
Net Margin
1.1%
-7.8%
Revenue YoY
20.8%
-3.1%
Net Profit YoY
128.9%
-2354.9%
EPS (diluted)
$0.02
$-0.60

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
RICK
RICK
Q3 25
$53.8M
$70.9M
Q2 25
$55.3M
$71.1M
Q1 25
$50.1M
$65.9M
Q4 24
$49.0M
$71.5M
Q3 24
$44.5M
$73.2M
Q2 24
$47.7M
$76.2M
Q1 24
$47.0M
$72.3M
Q4 23
$46.7M
$73.9M
Net Profit
AAME
AAME
RICK
RICK
Q3 25
$577.0K
$-5.5M
Q2 25
$3.3M
$4.1M
Q1 25
$802.0K
$3.2M
Q4 24
$412.0K
$9.0M
Q3 24
$-2.0M
$244.0K
Q2 24
$-684.0K
$-5.2M
Q1 24
$-2.0M
$774.0K
Q4 23
$-2.2M
$7.2M
Operating Margin
AAME
AAME
RICK
RICK
Q3 25
1.4%
-0.7%
Q2 25
7.6%
12.2%
Q1 25
2.1%
12.4%
Q4 24
1.1%
19.5%
Q3 24
-5.5%
4.8%
Q2 24
-1.8%
-3.3%
Q1 24
-5.3%
6.4%
Q4 23
-6.6%
17.8%
Net Margin
AAME
AAME
RICK
RICK
Q3 25
1.1%
-7.8%
Q2 25
6.0%
5.7%
Q1 25
1.6%
4.9%
Q4 24
0.8%
12.6%
Q3 24
-4.5%
0.3%
Q2 24
-1.4%
-6.9%
Q1 24
-4.3%
1.1%
Q4 23
-4.8%
9.8%
EPS (diluted)
AAME
AAME
RICK
RICK
Q3 25
$0.02
$-0.60
Q2 25
$0.15
$0.46
Q1 25
$0.03
$0.36
Q4 24
$0.01
$1.01
Q3 24
$-0.10
$0.04
Q2 24
$-0.04
$-0.56
Q1 24
$-0.10
$0.08
Q4 23
$-0.11
$0.77

Balance Sheet & Financial Strength

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

Metric
AAME
AAME
RICK
RICK
Cash + ST InvestmentsLiquidity on hand
$34.4M
$33.7M
Total DebtLower is stronger
$238.2M
Stockholders' EquityBook value
$109.5M
$261.1M
Total Assets
$430.9M
$596.9M
Debt / EquityLower = less leverage
0.91×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AAME
AAME
RICK
RICK
Q3 25
$34.4M
$33.7M
Q2 25
$46.4M
$29.3M
Q1 25
$35.9M
$32.7M
Q4 24
$35.6M
$34.7M
Q3 24
$23.0M
$32.4M
Q2 24
$21.2M
$34.9M
Q1 24
$21.2M
$20.0M
Q4 23
$28.3M
$21.2M
Total Debt
AAME
AAME
RICK
RICK
Q3 25
$238.2M
Q2 25
$243.8M
Q1 25
$244.1M
Q4 24
Q3 24
$241.1M
Q2 24
Q1 24
Q4 23
Stockholders' Equity
AAME
AAME
RICK
RICK
Q3 25
$109.5M
$261.1M
Q2 25
$106.2M
$269.5M
Q1 25
$102.4M
$268.8M
Q4 24
$99.6M
$269.0M
Q3 24
$105.8M
$263.4M
Q2 24
$100.7M
$271.2M
Q1 24
$102.8M
$285.8M
Q4 23
$107.3M
$286.6M
Total Assets
AAME
AAME
RICK
RICK
Q3 25
$430.9M
$596.9M
Q2 25
$429.3M
$597.4M
Q1 25
$388.4M
$589.8M
Q4 24
$393.4M
$586.2M
Q3 24
$387.0M
$584.4M
Q2 24
$386.0M
$601.0M
Q1 24
$365.8M
$609.9M
Q4 23
$381.3M
$619.2M
Debt / Equity
AAME
AAME
RICK
RICK
Q3 25
0.91×
Q2 25
0.90×
Q1 25
0.91×
Q4 24
Q3 24
0.92×
Q2 24
Q1 24
Q4 23

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
RICK
RICK
Operating Cash FlowLast quarter
$6.6M
$13.7M
Free Cash FlowOCF − Capex
$6.6M
$11.5M
FCF MarginFCF / Revenue
12.3%
16.2%
Capex IntensityCapex / Revenue
0.1%
3.2%
Cash ConversionOCF / Net Profit
11.51×
TTM Free Cash FlowTrailing 4 quarters
$19.3M
$34.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AAME
AAME
RICK
RICK
Q3 25
$6.6M
$13.7M
Q2 25
$9.3M
$13.8M
Q1 25
$-722.0K
$8.5M
Q4 24
$4.8M
$13.3M
Q3 24
$90.0K
$15.7M
Q2 24
$416.0K
$15.8M
Q1 24
$-5.3M
$10.8M
Q4 23
$6.2M
$13.6M
Free Cash Flow
AAME
AAME
RICK
RICK
Q3 25
$6.6M
$11.5M
Q2 25
$9.1M
$10.1M
Q1 25
$-986.0K
$5.7M
Q4 24
$4.6M
$7.6M
Q3 24
$58.0K
$10.3M
Q2 24
$361.0K
$9.3M
Q1 24
$-5.4M
$3.2M
Q4 23
$6.2M
$8.5M
FCF Margin
AAME
AAME
RICK
RICK
Q3 25
12.3%
16.2%
Q2 25
16.5%
14.2%
Q1 25
-2.0%
8.6%
Q4 24
9.3%
10.6%
Q3 24
0.1%
14.0%
Q2 24
0.8%
12.3%
Q1 24
-11.4%
4.4%
Q4 23
13.2%
11.5%
Capex Intensity
AAME
AAME
RICK
RICK
Q3 25
0.1%
3.2%
Q2 25
0.3%
5.2%
Q1 25
0.5%
4.3%
Q4 24
0.5%
8.0%
Q3 24
0.1%
7.3%
Q2 24
0.1%
8.4%
Q1 24
0.1%
10.6%
Q4 23
0.0%
6.9%
Cash Conversion
AAME
AAME
RICK
RICK
Q3 25
11.51×
Q2 25
2.80×
3.40×
Q1 25
-0.90×
2.65×
Q4 24
11.65×
1.48×
Q3 24
64.14×
Q2 24
Q1 24
14.00×
Q4 23
1.89×

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%

RICK
RICK

Transferred At Point In Time$60.8M86%
Food And Merchandise$10.4M15%

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