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Side-by-side financial comparison of AMERICAN BATTERY TECHNOLOGY Co (ABAT) and Falcon's Beyond Global, Inc. (FBYD). Click either name above to swap in a different company.
Falcon's Beyond Global, Inc. is the larger business by last-quarter revenue ($6.6M vs $4.8M, roughly 1.4× AMERICAN BATTERY TECHNOLOGY Co). Falcon's Beyond Global, Inc. runs the higher net margin — -4.5% vs -195.0%, a 190.5% gap on every dollar of revenue. On growth, AMERICAN BATTERY TECHNOLOGY Co posted the faster year-over-year revenue change (1331.8% vs 383.5%).
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.
500 Global is an early-stage venture fund and seed accelerator founded in 2010 by Dave McClure and Christine Tsai. The fund admitted a first "class" of twelve startups to its incubator office in Mountain View, California in February 2011. They expanded to a second class of 21 in June 2011 and a third class of 34 in October 2011. 500 Global has $2.3 billion in assets under management (AUM) as of March 2024.
ABAT vs FBYD — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $4.8M | $6.6M |
| Net Profit | $-9.3M | $-296.0K |
| Gross Margin | -33.6% | — |
| Operating Margin | -207.5% | -30.9% |
| Net Margin | -195.0% | -4.5% |
| Revenue YoY | 1331.8% | 383.5% |
| Net Profit YoY | 30.7% | 97.5% |
| EPS (diluted) | $-0.07 | $-0.01 |
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 | $6.6M | ||
| Q3 25 | $937.6K | $4.1M | ||
| Q2 25 | $2.8M | $2.5M | ||
| Q1 25 | $980.0K | $1.7M | ||
| Q4 24 | — | $1.4M | ||
| Q3 24 | — | $2.1M | ||
| Q2 24 | — | $1.8M | ||
| Q1 24 | — | $1.5M |
| Q4 25 | $-9.3M | $-296.0K | ||
| Q3 25 | $-10.3M | $-10.4M | ||
| Q2 25 | $-10.2M | $25.1M | ||
| Q1 25 | $-11.5M | $-8.1M | ||
| Q4 24 | — | $-11.9M | ||
| Q3 24 | — | $39.3M | ||
| Q2 24 | — | $8.0M | ||
| Q1 24 | — | $114.0M |
| Q4 25 | -33.6% | — | ||
| Q3 25 | -375.1% | — | ||
| Q2 25 | -92.6% | — | ||
| Q1 25 | -274.5% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | -207.5% | -30.9% | ||
| Q3 25 | -1080.8% | -90.9% | ||
| Q2 25 | -280.1% | -53.0% | ||
| Q1 25 | -1086.3% | -371.1% | ||
| Q4 24 | — | -335.6% | ||
| Q3 24 | — | -118.9% | ||
| Q2 24 | — | -195.9% | ||
| Q1 24 | — | -350.5% |
| Q4 25 | -195.0% | -4.5% | ||
| Q3 25 | -1098.5% | -256.8% | ||
| Q2 25 | -366.4% | 985.2% | ||
| Q1 25 | -1173.1% | -473.8% | ||
| Q4 24 | — | -871.7% | ||
| Q3 24 | — | 1899.5% | ||
| Q2 24 | — | 446.5% | ||
| Q1 24 | — | 7521.4% |
| Q4 25 | $-0.07 | $-0.01 | ||
| Q3 25 | $-0.09 | $-0.13 | ||
| Q2 25 | $-0.09 | $0.30 | ||
| Q1 25 | $-0.14 | $-0.13 | ||
| Q4 24 | — | $-0.25 | ||
| Q3 24 | — | $0.39 | ||
| Q2 24 | — | $0.00 | ||
| Q1 24 | — | $1.27 |
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 | $1.9M |
| Total DebtLower is stronger | — | $15.6M |
| Stockholders' EquityBook value | $119.0M | $11.9M |
| Total Assets | $123.3M | $66.7M |
| Debt / EquityLower = less leverage | — | 1.31× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $47.9M | $1.9M | ||
| Q3 25 | $30.9M | $4.3M | ||
| Q2 25 | $7.5M | $26.1M | ||
| Q1 25 | $7.8M | $1.1M | ||
| Q4 24 | — | $825.0K | ||
| Q3 24 | — | $828.0K | ||
| Q2 24 | — | $1.7M | ||
| Q1 24 | — | $1.1M |
| Q4 25 | — | $15.6M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $41.2M | ||
| Q3 24 | — | $10.3M | ||
| Q2 24 | — | $15.7M | ||
| Q1 24 | — | $15.1M |
| Q4 25 | $119.0M | $11.9M | ||
| Q3 25 | $96.0M | $9.2M | ||
| Q2 25 | $70.6M | $414.0K | ||
| Q1 25 | $65.6M | $-11.6M | ||
| Q4 24 | — | $-9.0M | ||
| Q3 24 | — | $-1.4M | ||
| Q2 24 | — | $-44.7M | ||
| Q1 24 | — | $-61.7M |
| Q4 25 | $123.3M | $66.7M | ||
| Q3 25 | $101.5M | $66.8M | ||
| Q2 25 | $84.5M | $89.2M | ||
| Q1 25 | $76.5M | $56.7M | ||
| Q4 24 | — | $61.2M | ||
| Q3 24 | — | $66.5M | ||
| Q2 24 | — | $65.9M | ||
| Q1 24 | — | $67.8M |
| Q4 25 | — | 1.31× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $-4.3M |
| Free Cash FlowOCF − Capex | — | $-4.3M |
| FCF MarginFCF / Revenue | — | -66.0% |
| Capex IntensityCapex / Revenue | — | 0.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-9.8M | $-4.3M | ||
| Q3 25 | $-7.1M | $-13.3M | ||
| Q2 25 | — | $-7.9M | ||
| Q1 25 | $-10.3M | $945.0K | ||
| Q4 24 | — | $-3.8M | ||
| Q3 24 | — | $-2.4M | ||
| Q2 24 | — | $-2.6M | ||
| Q1 24 | — | $-3.8M |
| Q4 25 | — | $-4.3M | ||
| Q3 25 | — | $-13.4M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $853.0K | ||
| Q4 24 | — | $-3.8M | ||
| Q3 24 | — | $-2.4M | ||
| Q2 24 | — | $-2.6M | ||
| Q1 24 | — | $-3.8M |
| Q4 25 | — | -66.0% | ||
| Q3 25 | — | -329.6% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 49.9% | ||
| Q4 24 | — | -278.7% | ||
| Q3 24 | — | -114.9% | ||
| Q2 24 | — | -145.6% | ||
| Q1 24 | — | -248.8% |
| Q4 25 | — | 0.3% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | — | 0.0% | ||
| Q1 25 | — | 5.4% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | — | 0.2% | ||
| Q2 24 | — | 0.1% | ||
| Q1 24 | — | 0.3% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | -0.31× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -0.06× | ||
| Q2 24 | — | -0.33× | ||
| Q1 24 | — | -0.03× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.