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Side-by-side financial comparison of AMERICAN BATTERY TECHNOLOGY Co (ABAT) and Catalyst Bancorp, Inc. (CLST). 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 $2.7M, roughly 1.8× Catalyst Bancorp, Inc.). Catalyst Bancorp, Inc. runs the higher net margin — 17.2% vs -195.0%, a 212.2% gap on every dollar of revenue. On growth, AMERICAN BATTERY TECHNOLOGY Co posted the faster year-over-year revenue change (1331.8% vs 1.4%).

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.

Catalyst Bancorp, Inc. is a U.S.-based financial holding company that operates community banking subsidiaries. It provides a full range of retail and commercial banking products including checking and savings accounts, small business loans, residential mortgages, personal lending, and wealth management services, primarily serving local regional markets across the U.S. with a focus on individual consumers and small business clients.

ABAT vs CLST — Head-to-Head

Bigger by revenue
ABAT
ABAT
1.8× larger
ABAT
$4.8M
$2.7M
CLST
Growing faster (revenue YoY)
ABAT
ABAT
+1330.4% gap
ABAT
1331.8%
1.4%
CLST
Higher net margin
CLST
CLST
212.2% more per $
CLST
17.2%
-195.0%
ABAT

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
ABAT
ABAT
CLST
CLST
Revenue
$4.8M
$2.7M
Net Profit
$-9.3M
$456.0K
Gross Margin
-33.6%
Operating Margin
-207.5%
20.8%
Net Margin
-195.0%
17.2%
Revenue YoY
1331.8%
1.4%
Net Profit YoY
30.7%
-27.2%
EPS (diluted)
$-0.07
$0.13

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
ABAT
ABAT
CLST
CLST
Q4 25
$4.8M
$2.7M
Q3 25
$937.6K
$2.8M
Q2 25
$2.8M
$2.8M
Q1 25
$980.0K
$2.9M
Q4 24
$2.5M
Q3 24
$3.2M
Q2 24
$2.8M
Q1 24
$2.1M
Net Profit
ABAT
ABAT
CLST
CLST
Q4 25
$-9.3M
$456.0K
Q3 25
$-10.3M
$489.0K
Q2 25
$-10.2M
$521.0K
Q1 25
$-11.5M
$586.0K
Q4 24
$626.0K
Q3 24
$447.0K
Q2 24
$527.0K
Q1 24
$-4.7M
Gross Margin
ABAT
ABAT
CLST
CLST
Q4 25
-33.6%
Q3 25
-375.1%
Q2 25
-92.6%
Q1 25
-274.5%
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
ABAT
ABAT
CLST
CLST
Q4 25
-207.5%
20.8%
Q3 25
-1080.8%
21.7%
Q2 25
-280.1%
22.5%
Q1 25
-1086.3%
24.7%
Q4 24
31.2%
Q3 24
17.6%
Q2 24
23.0%
Q1 24
-284.6%
Net Margin
ABAT
ABAT
CLST
CLST
Q4 25
-195.0%
17.2%
Q3 25
-1098.5%
17.7%
Q2 25
-366.4%
18.5%
Q1 25
-1173.1%
20.1%
Q4 24
25.3%
Q3 24
14.2%
Q2 24
18.7%
Q1 24
-224.0%
EPS (diluted)
ABAT
ABAT
CLST
CLST
Q4 25
$-0.07
$0.13
Q3 25
$-0.09
$0.13
Q2 25
$-0.09
$0.14
Q1 25
$-0.14
$0.16
Q4 24
$0.13
Q3 24
$0.11
Q2 24
$0.13
Q1 24
$-1.15

Balance Sheet & Financial Strength

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

Metric
ABAT
ABAT
CLST
CLST
Cash + ST InvestmentsLiquidity on hand
$47.9M
$25.2M
Total DebtLower is stronger
$14.7M
Stockholders' EquityBook value
$119.0M
$81.7M
Total Assets
$123.3M
$282.9M
Debt / EquityLower = less leverage
0.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABAT
ABAT
CLST
CLST
Q4 25
$47.9M
$25.2M
Q3 25
$30.9M
$37.3M
Q2 25
$7.5M
$40.1M
Q1 25
$7.8M
$40.3M
Q4 24
$44.3M
Q3 24
$45.8M
Q2 24
$75.5M
Q1 24
$76.0M
Total Debt
ABAT
ABAT
CLST
CLST
Q4 25
$14.7M
Q3 25
$14.7M
Q2 25
Q1 25
Q4 24
$9.6M
Q3 24
$29.5M
Q2 24
$30.3M
Q1 24
$29.4M
Stockholders' Equity
ABAT
ABAT
CLST
CLST
Q4 25
$119.0M
$81.7M
Q3 25
$96.0M
$81.6M
Q2 25
$70.6M
$80.8M
Q1 25
$65.6M
$80.6M
Q4 24
$80.2M
Q3 24
$81.7M
Q2 24
$81.0M
Q1 24
$81.3M
Total Assets
ABAT
ABAT
CLST
CLST
Q4 25
$123.3M
$282.9M
Q3 25
$101.5M
$283.8M
Q2 25
$84.5M
$273.8M
Q1 25
$76.5M
$271.6M
Q4 24
$276.7M
Q3 24
$280.6M
Q2 24
$295.3M
Q1 24
$282.0M
Debt / Equity
ABAT
ABAT
CLST
CLST
Q4 25
0.18×
Q3 25
0.18×
Q2 25
Q1 25
Q4 24
0.12×
Q3 24
0.36×
Q2 24
0.37×
Q1 24
0.36×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ABAT
ABAT
CLST
CLST
Operating Cash FlowLast quarter
$-9.8M
$3.3M
Free Cash FlowOCF − Capex
$3.1M
FCF MarginFCF / Revenue
116.8%
Capex IntensityCapex / Revenue
7.1%
Cash ConversionOCF / Net Profit
7.21×
TTM Free Cash FlowTrailing 4 quarters
$5.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ABAT
ABAT
CLST
CLST
Q4 25
$-9.8M
$3.3M
Q3 25
$-7.1M
$912.0K
Q2 25
$1.2M
Q1 25
$-10.3M
$427.0K
Q4 24
$3.2M
Q3 24
$896.0K
Q2 24
$1.4M
Q1 24
$247.0K
Free Cash Flow
ABAT
ABAT
CLST
CLST
Q4 25
$3.1M
Q3 25
$827.0K
Q2 25
$1.1M
Q1 25
$361.0K
Q4 24
$2.7M
Q3 24
$771.0K
Q2 24
$1.2M
Q1 24
$223.0K
FCF Margin
ABAT
ABAT
CLST
CLST
Q4 25
116.8%
Q3 25
29.9%
Q2 25
39.7%
Q1 25
12.4%
Q4 24
110.9%
Q3 24
24.5%
Q2 24
41.5%
Q1 24
10.7%
Capex Intensity
ABAT
ABAT
CLST
CLST
Q4 25
7.1%
Q3 25
3.1%
Q2 25
1.2%
Q1 25
2.3%
Q4 24
17.4%
Q3 24
4.0%
Q2 24
8.0%
Q1 24
1.1%
Cash Conversion
ABAT
ABAT
CLST
CLST
Q4 25
7.21×
Q3 25
1.87×
Q2 25
2.21×
Q1 25
0.73×
Q4 24
5.07×
Q3 24
2.00×
Q2 24
2.64×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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