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Side-by-side financial comparison of ATLANTIC AMERICAN CORP (AAME) and Target Hospitality Corp. (TH). Click either name above to swap in a different company.

Target Hospitality Corp. is the larger business by last-quarter revenue ($73.5M vs $53.8M, roughly 1.4× ATLANTIC AMERICAN CORP). ATLANTIC AMERICAN CORP runs the higher net margin — 1.1% vs -20.3%, a 21.4% gap on every dollar of revenue. On growth, Target Hospitality Corp. posted the faster year-over-year revenue change (22.0% vs 20.8%). Over the past eight quarters, ATLANTIC AMERICAN CORP's revenue compounded faster (7.2% CAGR vs 0.7%).

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.

Target Hospitality is a company that provides workforce lodging and other temporary, modular housing used for oil, gas and mining operations; large-scale events; and disaster relief. Target Hospitality is based in The Woodlands, Texas, and also has offices in Williston, North Dakota; Denver, Colorado; Calgary, Alberta.

AAME vs TH — Head-to-Head

Bigger by revenue
TH
TH
1.4× larger
TH
$73.5M
$53.8M
AAME
Growing faster (revenue YoY)
TH
TH
+1.2% gap
TH
22.0%
20.8%
AAME
Higher net margin
AAME
AAME
21.4% more per $
AAME
1.1%
-20.3%
TH
Faster 2-yr revenue CAGR
AAME
AAME
Annualised
AAME
7.2%
0.7%
TH

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
AAME
AAME
TH
TH
Revenue
$53.8M
$73.5M
Net Profit
$577.0K
$-14.9M
Gross Margin
9.6%
Operating Margin
1.4%
-22.9%
Net Margin
1.1%
-20.3%
Revenue YoY
20.8%
22.0%
Net Profit YoY
128.9%
-219.1%
EPS (diluted)
$0.02
$-0.14

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
TH
TH
Q4 25
$73.5M
Q3 25
$53.8M
$91.6M
Q2 25
$55.3M
$54.9M
Q1 25
$50.1M
$54.9M
Q4 24
$49.0M
$60.2M
Q3 24
$44.5M
$65.8M
Q2 24
$47.7M
$67.5M
Q1 24
$47.0M
$72.4M
Net Profit
AAME
AAME
TH
TH
Q4 25
$-14.9M
Q3 25
$577.0K
$-795.0K
Q2 25
$3.3M
$-14.9M
Q1 25
$802.0K
$-6.5M
Q4 24
$412.0K
$12.5M
Q3 24
$-2.0M
$20.0M
Q2 24
$-684.0K
$18.4M
Q1 24
$-2.0M
$20.4M
Gross Margin
AAME
AAME
TH
TH
Q4 25
9.6%
Q3 25
19.6%
Q2 25
-0.6%
Q1 25
32.7%
Q4 24
61.5%
Q3 24
68.7%
Q2 24
69.4%
Q1 24
67.8%
Operating Margin
AAME
AAME
TH
TH
Q4 25
-22.9%
Q3 25
1.4%
0.1%
Q2 25
7.6%
-30.8%
Q1 25
2.1%
-2.0%
Q4 24
1.1%
34.5%
Q3 24
-5.5%
42.5%
Q2 24
-1.8%
43.8%
Q1 24
-5.3%
42.0%
Net Margin
AAME
AAME
TH
TH
Q4 25
-20.3%
Q3 25
1.1%
-0.9%
Q2 25
6.0%
-27.2%
Q1 25
1.6%
-11.8%
Q4 24
0.8%
20.8%
Q3 24
-4.5%
30.4%
Q2 24
-1.4%
27.2%
Q1 24
-4.3%
28.2%
EPS (diluted)
AAME
AAME
TH
TH
Q4 25
$-0.14
Q3 25
$0.02
$-0.01
Q2 25
$0.15
$-0.15
Q1 25
$0.03
$-0.07
Q4 24
$0.01
$0.12
Q3 24
$-0.10
$0.20
Q2 24
$-0.04
$0.18
Q1 24
$-0.10
$0.20

Balance Sheet & Financial Strength

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

Metric
AAME
AAME
TH
TH
Cash + ST InvestmentsLiquidity on hand
$34.4M
$8.3M
Total DebtLower is stronger
$1.7M
Stockholders' EquityBook value
$109.5M
$389.3M
Total Assets
$430.9M
$530.2M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AAME
AAME
TH
TH
Q4 25
$8.3M
Q3 25
$34.4M
$30.4M
Q2 25
$46.4M
$19.2M
Q1 25
$35.9M
$34.5M
Q4 24
$35.6M
$190.7M
Q3 24
$23.0M
$177.7M
Q2 24
$21.2M
$154.3M
Q1 24
$21.2M
$124.3M
Total Debt
AAME
AAME
TH
TH
Q4 25
$1.7M
Q3 25
$2.0M
Q2 25
$26.3M
Q1 25
$42.9M
Q4 24
$1.5M
Q3 24
$994.0K
Q2 24
$1.1M
Q1 24
$179.9M
Stockholders' Equity
AAME
AAME
TH
TH
Q4 25
$389.3M
Q3 25
$109.5M
$402.4M
Q2 25
$106.2M
$401.3M
Q1 25
$102.4M
$415.3M
Q4 24
$99.6M
$421.1M
Q3 24
$105.8M
$417.6M
Q2 24
$100.7M
$397.2M
Q1 24
$102.8M
$375.5M
Total Assets
AAME
AAME
TH
TH
Q4 25
$530.2M
Q3 25
$430.9M
$541.2M
Q2 25
$429.3M
$533.7M
Q1 25
$388.4M
$562.5M
Q4 24
$393.4M
$725.8M
Q3 24
$387.0M
$709.8M
Q2 24
$386.0M
$697.0M
Q1 24
$365.8M
$687.2M
Debt / Equity
AAME
AAME
TH
TH
Q4 25
0.00×
Q3 25
0.01×
Q2 25
0.07×
Q1 25
0.10×
Q4 24
0.00×
Q3 24
0.00×
Q2 24
0.00×
Q1 24
0.48×

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
TH
TH
Operating Cash FlowLast quarter
$6.6M
$5.7M
Free Cash FlowOCF − Capex
$6.6M
FCF MarginFCF / Revenue
12.3%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
11.51×
TTM Free Cash FlowTrailing 4 quarters
$19.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AAME
AAME
TH
TH
Q4 25
$5.7M
Q3 25
$6.6M
$53.4M
Q2 25
$9.3M
$11.1M
Q1 25
$-722.0K
$3.9M
Q4 24
$4.8M
$30.6M
Q3 24
$90.0K
$31.4M
Q2 24
$416.0K
$39.1M
Q1 24
$-5.3M
$50.6M
Free Cash Flow
AAME
AAME
TH
TH
Q4 25
Q3 25
$6.6M
Q2 25
$9.1M
Q1 25
$-986.0K
$-11.6M
Q4 24
$4.6M
Q3 24
$58.0K
Q2 24
$361.0K
Q1 24
$-5.4M
FCF Margin
AAME
AAME
TH
TH
Q4 25
Q3 25
12.3%
Q2 25
16.5%
Q1 25
-2.0%
-21.1%
Q4 24
9.3%
Q3 24
0.1%
Q2 24
0.8%
Q1 24
-11.4%
Capex Intensity
AAME
AAME
TH
TH
Q4 25
Q3 25
0.1%
Q2 25
0.3%
Q1 25
0.5%
28.2%
Q4 24
0.5%
Q3 24
0.1%
Q2 24
0.1%
Q1 24
0.1%
Cash Conversion
AAME
AAME
TH
TH
Q4 25
Q3 25
11.51×
Q2 25
2.80×
Q1 25
-0.90×
Q4 24
11.65×
2.44×
Q3 24
1.57×
Q2 24
2.13×
Q1 24
2.48×

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%

TH
TH

Services$40.9M56%
Hospitality And Facilities Services South$32.6M44%

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