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Side-by-side financial comparison of AMERICAN BATTERY TECHNOLOGY Co (ABAT) and MediWound Ltd. (MDWD). Click either name above to swap in a different company.

MediWound Ltd. is the larger business by last-quarter revenue ($5.7M vs $4.8M, roughly 1.2× AMERICAN BATTERY TECHNOLOGY Co). AMERICAN BATTERY TECHNOLOGY Co runs the higher net margin — -195.0% vs -233.3%, a 38.3% gap on every dollar of revenue. On growth, AMERICAN BATTERY TECHNOLOGY Co posted the faster year-over-year revenue change (1331.8% vs 12.7%).

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.

MediWound Ltd. is a biopharmaceutical company specializing in the research, development, production and commercialization of innovative products for burn care, chronic wound treatment and soft tissue repair. It operates mainly across North America, Europe and Asia, serving hospitals, healthcare providers and patients in the wound care segment.

ABAT vs MDWD — Head-to-Head

Bigger by revenue
MDWD
MDWD
1.2× larger
MDWD
$5.7M
$4.8M
ABAT
Growing faster (revenue YoY)
ABAT
ABAT
+1319.0% gap
ABAT
1331.8%
12.7%
MDWD
Higher net margin
ABAT
ABAT
38.3% more per $
ABAT
-195.0%
-233.3%
MDWD

Income Statement — Q2 FY2026 vs Q2 FY2025

Metric
ABAT
ABAT
MDWD
MDWD
Revenue
$4.8M
$5.7M
Net Profit
$-9.3M
$-13.3M
Gross Margin
-33.6%
23.5%
Operating Margin
-207.5%
-100.1%
Net Margin
-195.0%
-233.3%
Revenue YoY
1331.8%
12.7%
Net Profit YoY
30.7%
-111.2%
EPS (diluted)
$-0.07
$-1.23

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
MDWD
MDWD
Q4 25
$4.8M
Q3 25
$937.6K
Q2 25
$2.8M
$5.7M
Q1 25
$980.0K
Q2 24
$5.1M
Q2 23
$4.8M
Q2 22
$4.7M
Net Profit
ABAT
ABAT
MDWD
MDWD
Q4 25
$-9.3M
Q3 25
$-10.3M
Q2 25
$-10.2M
$-13.3M
Q1 25
$-11.5M
Q2 24
$-6.3M
Q2 23
$916.0K
Q2 22
$-4.4M
Gross Margin
ABAT
ABAT
MDWD
MDWD
Q4 25
-33.6%
Q3 25
-375.1%
Q2 25
-92.6%
23.5%
Q1 25
-274.5%
Q2 24
8.8%
Q2 23
23.8%
Q2 22
23.8%
Operating Margin
ABAT
ABAT
MDWD
MDWD
Q4 25
-207.5%
Q3 25
-1080.8%
Q2 25
-280.1%
-100.1%
Q1 25
-1086.3%
Q2 24
-88.6%
Q2 23
-84.0%
Q2 22
-78.7%
Net Margin
ABAT
ABAT
MDWD
MDWD
Q4 25
-195.0%
Q3 25
-1098.5%
Q2 25
-366.4%
-233.3%
Q1 25
-1173.1%
Q2 24
-124.5%
Q2 23
19.2%
Q2 22
-93.3%
EPS (diluted)
ABAT
ABAT
MDWD
MDWD
Q4 25
$-0.07
Q3 25
$-0.09
Q2 25
$-0.09
$-1.23
Q1 25
$-0.14
Q2 24
$-0.68
Q2 23
$0.10
Q2 22
$-0.92

Balance Sheet & Financial Strength

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

Metric
ABAT
ABAT
MDWD
MDWD
Cash + ST InvestmentsLiquidity on hand
$47.9M
$1.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$119.0M
$20.1M
Total Assets
$123.3M
$67.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABAT
ABAT
MDWD
MDWD
Q4 25
$47.9M
Q3 25
$30.9M
Q2 25
$7.5M
$1.1M
Q1 25
$7.8M
Q2 24
$3.8M
Q2 23
$19.2M
Q2 22
$7.7M
Stockholders' Equity
ABAT
ABAT
MDWD
MDWD
Q4 25
$119.0M
Q3 25
$96.0M
Q2 25
$70.6M
$20.1M
Q1 25
$65.6M
Q2 24
$17.9M
Q2 23
$34.9M
Q2 22
$-2.2M
Total Assets
ABAT
ABAT
MDWD
MDWD
Q4 25
$123.3M
Q3 25
$101.5M
Q2 25
$84.5M
$67.0M
Q1 25
$76.5M
Q2 24
$57.3M
Q2 23
$64.4M
Q2 22
$21.1M

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
MDWD
MDWD
Operating Cash FlowLast quarter
$-9.8M
$-5.8M
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.

Operating Cash Flow
ABAT
ABAT
MDWD
MDWD
Q4 25
$-9.8M
Q3 25
$-7.1M
Q2 25
$-5.8M
Q1 25
$-10.3M
Q2 24
$-3.6M
Q2 23
$-5.3M
Q2 22
$-5.3M
Cash Conversion
ABAT
ABAT
MDWD
MDWD
Q4 25
Q3 25
Q2 25
Q1 25
Q2 24
Q2 23
-5.73×
Q2 22

Financial Flow Comparison

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

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