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Side-by-side financial comparison of AMERICAN BATTERY TECHNOLOGY Co (ABAT) and ALLURION TECHNOLOGIES, INC. (ALUR). Click either name above to swap in a different company.
AMERICAN BATTERY TECHNOLOGY Co is the larger business by last-quarter revenue ($4.8M vs $3.6M, roughly 1.3× ALLURION TECHNOLOGIES, INC.). ALLURION TECHNOLOGIES, INC. runs the higher net margin — -167.0% vs -195.0%, a 27.9% gap on every dollar of revenue. On growth, AMERICAN BATTERY TECHNOLOGY Co posted the faster year-over-year revenue change (1331.8% vs -35.4%).
American Battery Technology Company, formerly American Battery Metals Corporation, is a US-based battery recycling technology startup founded in 2011. It employs a hydrometallurgical process to recycle batteries and a targeted extraction system to extract raw materials from primary resources.
Robinson Technologies is a Japanese video game developer founded by Seth Robinson. The company produced the BBS door games Legend of the Red Dragon, Planets: The Exploration of Space and Growtopia, an experimental multiplayer creative sandbox created as a collaboration with Hamumu Software, released in 2013 for iOS, Android, Microsoft Windows, and macOS.
ABAT vs ALUR — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $4.8M | $3.6M |
| Net Profit | $-9.3M | $-6.0M |
| Gross Margin | -33.6% | 44.5% |
| Operating Margin | -207.5% | -174.2% |
| Net Margin | -195.0% | -167.0% |
| Revenue YoY | 1331.8% | -35.4% |
| Net Profit YoY | 30.7% | 37.2% |
| EPS (diluted) | $-0.07 | $-0.69 |
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.
| Q4 25 | $4.8M | $3.6M | ||
| Q3 25 | $937.6K | $2.7M | ||
| Q2 25 | $2.8M | $3.4M | ||
| Q1 25 | $980.0K | $5.6M | ||
| Q4 24 | — | $5.6M | ||
| Q3 24 | — | $5.4M | ||
| Q2 24 | — | $11.8M | ||
| Q1 24 | — | $9.4M |
| Q4 25 | $-9.3M | $-6.0M | ||
| Q3 25 | $-10.3M | $-11.9M | ||
| Q2 25 | $-10.2M | $-9.3M | ||
| Q1 25 | $-11.5M | $-1.5M | ||
| Q4 24 | — | $-9.6M | ||
| Q3 24 | — | $8.7M | ||
| Q2 24 | — | $-8.3M | ||
| Q1 24 | — | $2.0M |
| Q4 25 | -33.6% | 44.5% | ||
| Q3 25 | -375.1% | 49.1% | ||
| Q2 25 | -92.6% | 73.9% | ||
| Q1 25 | -274.5% | 74.6% | ||
| Q4 24 | — | 45.3% | ||
| Q3 24 | — | 58.0% | ||
| Q2 24 | — | 76.4% | ||
| Q1 24 | — | 73.2% |
| Q4 25 | -207.5% | -174.2% | ||
| Q3 25 | -1080.8% | -362.3% | ||
| Q2 25 | -280.1% | -205.7% | ||
| Q1 25 | -1086.3% | -130.5% | ||
| Q4 24 | — | -306.2% | ||
| Q3 24 | — | -229.9% | ||
| Q2 24 | — | -79.4% | ||
| Q1 24 | — | -121.4% |
| Q4 25 | -195.0% | -167.0% | ||
| Q3 25 | -1098.5% | -447.1% | ||
| Q2 25 | -366.4% | -276.3% | ||
| Q1 25 | -1173.1% | -26.9% | ||
| Q4 24 | — | -171.8% | ||
| Q3 24 | — | 162.8% | ||
| Q2 24 | — | -70.7% | ||
| Q1 24 | — | 21.3% |
| Q4 25 | $-0.07 | $-0.69 | ||
| Q3 25 | $-0.09 | $-1.53 | ||
| Q2 25 | $-0.09 | $-1.28 | ||
| Q1 25 | $-0.14 | $-0.31 | ||
| Q4 24 | — | $-3.22 | ||
| Q3 24 | — | $3.40 | ||
| Q2 24 | — | $-4.34 | ||
| Q1 24 | — | $0.96 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $47.9M | $5.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $119.0M | $-77.2M |
| Total Assets | $123.3M | $15.8M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $47.9M | $5.4M | ||
| Q3 25 | $30.9M | $6.1M | ||
| Q2 25 | $7.5M | $12.7M | ||
| Q1 25 | $7.8M | $20.4M | ||
| Q4 24 | — | $15.4M | ||
| Q3 24 | — | $28.7M | ||
| Q2 24 | — | $19.3M | ||
| Q1 24 | — | $29.7M |
| Q4 25 | $119.0M | $-77.2M | ||
| Q3 25 | $96.0M | $-82.9M | ||
| Q2 25 | $70.6M | $-64.0M | ||
| Q1 25 | $65.6M | $-69.8M | ||
| Q4 24 | — | $-78.0M | ||
| Q3 24 | — | $-64.8M | ||
| Q2 24 | — | $-70.6M | ||
| Q1 24 | — | $-66.2M |
| Q4 25 | $123.3M | $15.8M | ||
| Q3 25 | $101.5M | $18.1M | ||
| Q2 25 | $84.5M | $28.2M | ||
| Q1 25 | $76.5M | $38.4M | ||
| Q4 24 | — | $32.8M | ||
| Q3 24 | — | $50.7M | ||
| Q2 24 | — | $46.5M | ||
| Q1 24 | — | $60.0M |
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 | $-9.8M | $-5.3M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-9.8M | $-5.3M | ||
| Q3 25 | $-7.1M | $-6.5M | ||
| Q2 25 | — | $-7.6M | ||
| Q1 25 | $-10.3M | $-9.5M | ||
| Q4 24 | — | $-13.3M | ||
| Q3 24 | — | $-11.5M | ||
| Q2 24 | — | $-8.9M | ||
| Q1 24 | — | $-8.6M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-11.5M | ||
| Q2 24 | — | $-9.4M | ||
| Q1 24 | — | $-8.7M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -214.9% | ||
| Q2 24 | — | -79.6% | ||
| Q1 24 | — | -93.1% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.0% | ||
| Q3 24 | — | 1.3% | ||
| Q2 24 | — | 3.7% | ||
| Q1 24 | — | 1.1% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -1.31× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -4.33× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ABAT
Segment breakdown not available.
ALUR
| ES | $2.2M | 60% |
| Other | $1.5M | 40% |
