vs
Side-by-side financial comparison of AMERICAN BATTERY TECHNOLOGY Co (ABAT) and BT Brands, Inc. (BTBD). 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 $3.9M, roughly 1.2× BT Brands, Inc.). BT Brands, Inc. runs the higher net margin — 23.7% vs -195.0%, a 218.7% gap on every dollar of revenue. On growth, AMERICAN BATTERY TECHNOLOGY Co posted the faster year-over-year revenue change (1331.8% vs -11.4%).
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.
BT Brands, Inc.BTBDEarnings & Financial Report
BT Group plc is a British multinational telecommunications holding company headquartered in London, England. It has operations in around 180 countries and is the largest provider of fixed-line, broadband and mobile services in the UK, and also provides subscription television and IT services.
ABAT vs BTBD — Head-to-Head
Income Statement — Q2 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $4.8M | $3.9M |
| Net Profit | $-9.3M | $915.0K |
| Gross Margin | -33.6% | — |
| Operating Margin | -207.5% | 19.1% |
| Net Margin | -195.0% | 23.7% |
| Revenue YoY | 1331.8% | -11.4% |
| Net Profit YoY | 30.7% | 516.9% |
| EPS (diluted) | $-0.07 | $0.15 |
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 | — | ||
| Q3 25 | $937.6K | $3.9M | ||
| Q2 25 | $2.8M | $3.8M | ||
| Q1 25 | $980.0K | $3.2M | ||
| Q3 24 | — | $4.3M | ||
| Q2 24 | — | $4.1M | ||
| Q1 24 | — | $3.2M | ||
| Q4 23 | — | $4.0M |
| Q4 25 | $-9.3M | — | ||
| Q3 25 | $-10.3M | $915.0K | ||
| Q2 25 | $-10.2M | $55.0K | ||
| Q1 25 | $-11.5M | $-329.8K | ||
| Q3 24 | — | $-219.5K | ||
| Q2 24 | — | $-70.0K | ||
| Q1 24 | — | $-445.7K | ||
| Q4 23 | — | $-3.5K |
| Q4 25 | -33.6% | — | ||
| Q3 25 | -375.1% | — | ||
| Q2 25 | -92.6% | — | ||
| Q1 25 | -274.5% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — |
| Q4 25 | -207.5% | — | ||
| Q3 25 | -1080.8% | 19.1% | ||
| Q2 25 | -280.1% | -2.0% | ||
| Q1 25 | -1086.3% | -9.0% | ||
| Q3 24 | — | -1.7% | ||
| Q2 24 | — | -4.6% | ||
| Q1 24 | — | -19.8% | ||
| Q4 23 | — | 1.0% |
| Q4 25 | -195.0% | — | ||
| Q3 25 | -1098.5% | 23.7% | ||
| Q2 25 | -366.4% | 1.5% | ||
| Q1 25 | -1173.1% | -10.2% | ||
| Q3 24 | — | -5.0% | ||
| Q2 24 | — | -1.7% | ||
| Q1 24 | — | -14.0% | ||
| Q4 23 | — | -0.1% |
| Q4 25 | $-0.07 | — | ||
| Q3 25 | $-0.09 | $0.15 | ||
| Q2 25 | $-0.09 | — | ||
| Q1 25 | $-0.14 | — | ||
| Q3 24 | — | $-0.04 | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — |
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 | $3.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $119.0M | $7.7M |
| Total Assets | $123.3M | $11.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $47.9M | — | ||
| Q3 25 | $30.9M | $3.5M | ||
| Q2 25 | $7.5M | $3.0M | ||
| Q1 25 | $7.8M | $2.7M | ||
| Q3 24 | — | $2.0M | ||
| Q2 24 | — | $1.5M | ||
| Q1 24 | — | $1.5M | ||
| Q4 23 | — | $1.4M |
| Q4 25 | $119.0M | — | ||
| Q3 25 | $96.0M | $7.7M | ||
| Q2 25 | $70.6M | $6.8M | ||
| Q1 25 | $65.6M | $6.7M | ||
| Q3 24 | — | $8.5M | ||
| Q2 24 | — | $8.7M | ||
| Q1 24 | — | $8.8M | ||
| Q4 23 | — | $9.6M |
| Q4 25 | $123.3M | — | ||
| Q3 25 | $101.5M | $11.9M | ||
| Q2 25 | $84.5M | $11.2M | ||
| Q1 25 | $76.5M | $11.0M | ||
| Q3 24 | — | $13.7M | ||
| Q2 24 | — | $14.0M | ||
| Q1 24 | — | $14.0M | ||
| Q4 23 | — | $14.9M |
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 | $325.2K |
| Free Cash FlowOCF − Capex | — | $261.8K |
| FCF MarginFCF / Revenue | — | 6.8% |
| Capex IntensityCapex / Revenue | — | 1.6% |
| Cash ConversionOCF / Net Profit | — | 0.36× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-9.8M | — | ||
| Q3 25 | $-7.1M | $325.2K | ||
| Q2 25 | — | $384.4K | ||
| Q1 25 | $-10.3M | $-306.7K | ||
| Q3 24 | — | $129.3K | ||
| Q2 24 | — | $82.5K | ||
| Q1 24 | — | $-408.9K | ||
| Q4 23 | — | $37.0K |
| Q4 25 | — | — | ||
| Q3 25 | — | $261.8K | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $-431.1K | ||
| Q3 24 | — | $50.4K | ||
| Q2 24 | — | $53.7K | ||
| Q1 24 | — | $-521.3K | ||
| Q4 23 | — | $-59.5K |
| Q4 25 | — | — | ||
| Q3 25 | — | 6.8% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -13.3% | ||
| Q3 24 | — | 1.2% | ||
| Q2 24 | — | 1.3% | ||
| Q1 24 | — | -16.3% | ||
| Q4 23 | — | -1.5% |
| Q4 25 | — | — | ||
| Q3 25 | — | 1.6% | ||
| Q2 25 | — | 0.0% | ||
| Q1 25 | — | 3.8% | ||
| Q3 24 | — | 1.8% | ||
| Q2 24 | — | 0.7% | ||
| Q1 24 | — | 3.5% | ||
| Q4 23 | — | 2.4% |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.36× | ||
| Q2 25 | — | 6.98× | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
