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Side-by-side financial comparison of American Assets Trust, Inc. (AAT) and iQSTEL Inc (IQST). Click either name above to swap in a different company.
American Assets Trust, Inc. is the larger business by last-quarter revenue ($110.6M vs $84.2M, roughly 1.3× iQSTEL Inc). American Assets Trust, Inc. runs the higher net margin — 6.1% vs -3.2%, a 9.3% gap on every dollar of revenue. On growth, American Assets Trust, Inc. posted the faster year-over-year revenue change (1.8% vs -14.9%). Over the past eight quarters, iQSTEL Inc's revenue compounded faster (28.0% CAGR vs -0.1%).
Personal Assets Trust is a large British investment trust. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The chairman is Iain Ferguson CBE.
iQSTEL Inc is a technology holding company operating three core segments: telecommunications, Internet of Things (IoT), and fintech. It offers connectivity services, smart IoT monitoring solutions, and digital financial tools, mainly serving small and medium-sized enterprises and retail customers in North and South American markets.
AAT vs IQST — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $110.6M | $84.2M |
| Net Profit | $6.7M | $-2.7M |
| Gross Margin | — | 3.5% |
| Operating Margin | 23.4% | -2.9% |
| Net Margin | 6.1% | -3.2% |
| Revenue YoY | 1.8% | -14.9% |
| Net Profit YoY | -16.3% | -44.5% |
| EPS (diluted) | $0.08 | $-0.92 |
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.
| Q1 26 | $110.6M | — | ||
| Q4 25 | $110.1M | $84.2M | ||
| Q3 25 | $109.6M | $102.9M | ||
| Q2 25 | $107.9M | $72.2M | ||
| Q1 25 | $108.6M | $57.6M | ||
| Q4 24 | $113.5M | $98.9M | ||
| Q3 24 | $122.8M | $54.2M | ||
| Q2 24 | $110.9M | $78.6M |
| Q1 26 | $6.7M | — | ||
| Q4 25 | — | $-2.7M | ||
| Q3 25 | $4.5M | $-2.3M | ||
| Q2 25 | $5.5M | $-2.3M | ||
| Q1 25 | $42.5M | $-1.1M | ||
| Q4 24 | — | $-1.9M | ||
| Q3 24 | $16.7M | $-773.0K | ||
| Q2 24 | $11.9M | $-2.0M |
| Q1 26 | — | — | ||
| Q4 25 | 59.4% | 3.5% | ||
| Q3 25 | 60.5% | 2.7% | ||
| Q2 25 | 62.6% | 2.6% | ||
| Q1 25 | 62.0% | 3.4% | ||
| Q4 24 | 61.3% | 2.7% | ||
| Q3 24 | 65.5% | 3.7% | ||
| Q2 24 | 63.6% | 2.8% |
| Q1 26 | 23.4% | — | ||
| Q4 25 | 21.1% | -2.9% | ||
| Q3 25 | 22.6% | -0.5% | ||
| Q2 25 | 24.1% | -0.9% | ||
| Q1 25 | 66.3% | -1.0% | ||
| Q4 24 | 26.5% | -0.3% | ||
| Q3 24 | 30.8% | -0.1% | ||
| Q2 24 | 27.8% | -0.4% |
| Q1 26 | 6.1% | — | ||
| Q4 25 | — | -3.2% | ||
| Q3 25 | 4.1% | -2.3% | ||
| Q2 25 | 5.1% | -3.3% | ||
| Q1 25 | 39.2% | -2.0% | ||
| Q4 24 | — | -1.9% | ||
| Q3 24 | 13.6% | -1.4% | ||
| Q2 24 | 10.7% | -2.5% |
| Q1 26 | $0.08 | — | ||
| Q4 25 | $0.06 | $-0.92 | ||
| Q3 25 | $0.07 | $-0.68 | ||
| Q2 25 | $0.09 | $-0.82 | ||
| Q1 25 | $0.70 | $-0.44 | ||
| Q4 24 | $0.14 | $-1.19 | ||
| Q3 24 | $0.28 | $-0.40 | ||
| Q2 24 | $0.20 | $-0.90 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $118.3M | $2.2M |
| Total DebtLower is stronger | — | $4.1M |
| Stockholders' EquityBook value | $1.1B | $16.3M |
| Total Assets | $2.9B | $51.1M |
| Debt / EquityLower = less leverage | — | 0.25× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $118.3M | — | ||
| Q4 25 | $129.4M | $2.2M | ||
| Q3 25 | $138.7M | $2.3M | ||
| Q2 25 | $143.7M | $2.0M | ||
| Q1 25 | $143.9M | $1.1M | ||
| Q4 24 | $425.7M | $2.5M | ||
| Q3 24 | $533.0M | $2.1M | ||
| Q2 24 | $114.9M | $797.2K |
| Q1 26 | — | — | ||
| Q4 25 | $1.7B | $4.1M | ||
| Q3 25 | — | $2.7M | ||
| Q2 25 | — | $4.5M | ||
| Q1 25 | — | $3.5M | ||
| Q4 24 | $2.0B | $2.5M | ||
| Q3 24 | — | $3.2M | ||
| Q2 24 | — | $2.5M |
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.2B | $16.3M | ||
| Q3 25 | $1.2B | $17.9M | ||
| Q2 25 | $1.2B | $14.3M | ||
| Q1 25 | $1.2B | $11.6M | ||
| Q4 24 | $1.2B | $11.9M | ||
| Q3 24 | $1.2B | $8.1M | ||
| Q2 24 | $1.2B | $7.6M |
| Q1 26 | $2.9B | — | ||
| Q4 25 | $2.9B | $51.1M | ||
| Q3 25 | $2.9B | $46.9M | ||
| Q2 25 | $3.0B | $51.4M | ||
| Q1 25 | $3.0B | $42.0M | ||
| Q4 24 | $3.3B | $79.0M | ||
| Q3 24 | $3.4B | $32.4M | ||
| Q2 24 | $3.0B | $30.0M |
| Q1 26 | — | — | ||
| Q4 25 | 1.48× | 0.25× | ||
| Q3 25 | — | 0.15× | ||
| Q2 25 | — | 0.31× | ||
| Q1 25 | — | 0.31× | ||
| Q4 24 | 1.72× | 0.21× | ||
| Q3 24 | — | 0.40× | ||
| Q2 24 | — | 0.34× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $-1.2M |
| Free Cash FlowOCF − Capex | — | $-1.2M |
| FCF MarginFCF / Revenue | — | -1.5% |
| Capex IntensityCapex / Revenue | 14.5% | 0.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-4.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $167.1M | $-1.2M | ||
| Q3 25 | $40.5M | $-953.0K | ||
| Q2 25 | $49.2M | $257.7K | ||
| Q1 25 | $36.9M | $-1.9M | ||
| Q4 24 | $207.1M | $-403.7K | ||
| Q3 24 | $52.4M | $625.0K | ||
| Q2 24 | $59.3M | $-2.6M |
| Q1 26 | — | — | ||
| Q4 25 | $94.9M | $-1.2M | ||
| Q3 25 | $23.1M | $-969.2K | ||
| Q2 25 | $28.4M | $211.7K | ||
| Q1 25 | $20.4M | $-2.0M | ||
| Q4 24 | $136.9M | $-421.3K | ||
| Q3 24 | $28.0M | $594.5K | ||
| Q2 24 | $43.6M | $-2.6M |
| Q1 26 | — | — | ||
| Q4 25 | 86.2% | -1.5% | ||
| Q3 25 | 21.1% | -0.9% | ||
| Q2 25 | 26.3% | 0.3% | ||
| Q1 25 | 18.8% | -3.4% | ||
| Q4 24 | 120.7% | -0.4% | ||
| Q3 24 | 22.8% | 1.1% | ||
| Q2 24 | 39.3% | -3.4% |
| Q1 26 | 14.5% | — | ||
| Q4 25 | 65.6% | 0.0% | ||
| Q3 25 | 15.9% | 0.0% | ||
| Q2 25 | 19.3% | 0.1% | ||
| Q1 25 | 15.1% | 0.1% | ||
| Q4 24 | 61.9% | 0.0% | ||
| Q3 24 | 19.9% | 0.1% | ||
| Q2 24 | 14.1% | 0.0% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 8.98× | — | ||
| Q2 25 | 9.01× | — | ||
| Q1 25 | 0.87× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.15× | — | ||
| Q2 24 | 4.98× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AAT
| Rental income | $104.4M | 94% |
| Other | $6.2M | 6% |
IQST
| USA | $53.2M | 63% |
| Other | $29.9M | 35% |
| Switzerland | $1.1M | 1% |
