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Side-by-side financial comparison of AMERICAN BATTERY TECHNOLOGY Co (ABAT) and Twin Vee PowerCats, Co. (VEEE). 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 $3.0M, roughly 1.6× Twin Vee PowerCats, Co.). Twin Vee PowerCats, Co. runs the higher net margin — -85.6% vs -195.0%, a 109.4% gap on every dollar of revenue. On growth, AMERICAN BATTERY TECHNOLOGY Co posted the faster year-over-year revenue change (1331.8% vs 60.4%).
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.
Twin Vee PowerCats Co. is a leading manufacturer of high-performance recreational power catamaran boats. The company offers a diverse lineup of catamaran models suited for leisure cruising, fishing, water sports, and commercial marine use, serving customers primarily across North America, with a growing distribution network in global coastal markets.
ABAT vs VEEE — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $4.8M | $3.0M |
| Net Profit | $-9.3M | $-2.6M |
| Gross Margin | -33.6% | 3.7% |
| Operating Margin | -207.5% | -87.7% |
| Net Margin | -195.0% | -85.6% |
| Revenue YoY | 1331.8% | 60.4% |
| Net Profit YoY | 30.7% | -119.0% |
| EPS (diluted) | $-0.07 | $-1.19 |
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 | $3.0M | ||
| Q3 25 | $937.6K | $3.4M | ||
| Q2 25 | $2.8M | $4.8M | ||
| Q1 25 | $980.0K | $3.6M | ||
| Q4 24 | — | $1.9M | ||
| Q3 24 | — | $2.9M | ||
| Q2 24 | — | $4.3M | ||
| Q1 24 | — | $5.3M |
| Q4 25 | $-9.3M | $-2.6M | ||
| Q3 25 | $-10.3M | $-2.8M | ||
| Q2 25 | $-10.2M | $-1.7M | ||
| Q1 25 | $-11.5M | $-1.6M | ||
| Q4 24 | — | $-1.2M | ||
| Q3 24 | — | $-3.0M | ||
| Q2 24 | — | $-4.5M | ||
| Q1 24 | — | $-2.3M |
| Q4 25 | -33.6% | 3.7% | ||
| Q3 25 | -375.1% | -1.3% | ||
| Q2 25 | -92.6% | 13.8% | ||
| Q1 25 | -274.5% | 14.9% | ||
| Q4 24 | — | -57.6% | ||
| Q3 24 | — | -5.0% | ||
| Q2 24 | — | 4.7% | ||
| Q1 24 | — | 5.3% |
| Q4 25 | -207.5% | -87.7% | ||
| Q3 25 | -1080.8% | -81.0% | ||
| Q2 25 | -280.1% | -35.2% | ||
| Q1 25 | -1086.3% | -46.5% | ||
| Q4 24 | — | -224.9% | ||
| Q3 24 | — | -107.3% | ||
| Q2 24 | — | -107.7% | ||
| Q1 24 | — | -48.2% |
| Q4 25 | -195.0% | -85.6% | ||
| Q3 25 | -1098.5% | -80.4% | ||
| Q2 25 | -366.4% | -34.8% | ||
| Q1 25 | -1173.1% | -44.6% | ||
| Q4 24 | — | -62.7% | ||
| Q3 24 | — | -103.7% | ||
| Q2 24 | — | -104.4% | ||
| Q1 24 | — | -44.3% |
| Q4 25 | $-0.07 | $-1.19 | ||
| Q3 25 | $-0.09 | $-1.23 | ||
| Q2 25 | $-0.09 | $-0.87 | ||
| Q1 25 | $-0.14 | $-1.08 | ||
| Q4 24 | — | $-3.51 | ||
| Q3 24 | — | $-2.64 | ||
| Q2 24 | — | $-3.09 | ||
| Q1 24 | — | $-1.77 |
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 | $1.4M |
| Total DebtLower is stronger | — | $499.9K |
| Stockholders' EquityBook value | $119.0M | $13.5M |
| Total Assets | $123.3M | $16.2M |
| Debt / EquityLower = less leverage | — | 0.04× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $47.9M | $1.4M | ||
| Q3 25 | $30.9M | $2.7M | ||
| Q2 25 | $7.5M | $6.0M | ||
| Q1 25 | $7.8M | $4.9M | ||
| Q4 24 | — | $7.5M | ||
| Q3 24 | — | $11.1M | ||
| Q2 24 | — | $14.9M | ||
| Q1 24 | — | $17.1M |
| Q4 25 | — | $499.9K | ||
| Q3 25 | — | $499.9K | ||
| Q2 25 | — | $499.9K | ||
| Q1 25 | — | $499.9K | ||
| Q4 24 | — | $499.9K | ||
| Q3 24 | — | $499.9K | ||
| Q2 24 | — | $499.9K | ||
| Q1 24 | — | $499.9K |
| Q4 25 | $119.0M | $13.5M | ||
| Q3 25 | $96.0M | $15.9M | ||
| Q2 25 | $70.6M | $18.6M | ||
| Q1 25 | $65.6M | $17.7M | ||
| Q4 24 | — | $19.2M | ||
| Q3 24 | — | $17.4M | ||
| Q2 24 | — | $19.6M | ||
| Q1 24 | — | $22.3M |
| Q4 25 | $123.3M | $16.2M | ||
| Q3 25 | $101.5M | $18.9M | ||
| Q2 25 | $84.5M | $22.4M | ||
| Q1 25 | $76.5M | $23.6M | ||
| Q4 24 | — | $25.9M | ||
| Q3 24 | — | $30.1M | ||
| Q2 24 | — | $33.8M | ||
| Q1 24 | — | $36.5M |
| Q4 25 | — | 0.04× | ||
| Q3 25 | — | 0.03× | ||
| Q2 25 | — | 0.03× | ||
| Q1 25 | — | 0.03× | ||
| Q4 24 | — | 0.03× | ||
| Q3 24 | — | 0.03× | ||
| Q2 24 | — | 0.03× | ||
| Q1 24 | — | 0.02× |
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 | $-1.7M |
| Free Cash FlowOCF − Capex | — | $-1.9M |
| FCF MarginFCF / Revenue | — | -62.5% |
| Capex IntensityCapex / Revenue | — | 4.6% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-9.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-9.8M | $-1.7M | ||
| Q3 25 | $-7.1M | $-2.6M | ||
| Q2 25 | — | $-745.6K | ||
| Q1 25 | $-10.3M | $-1.7M | ||
| Q4 24 | — | $-2.3M | ||
| Q3 24 | — | $-2.4M | ||
| Q2 24 | — | $-482.1K | ||
| Q1 24 | — | $-1.7M |
| Q4 25 | — | $-1.9M | ||
| Q3 25 | — | $-3.1M | ||
| Q2 25 | — | $-1.5M | ||
| Q1 25 | — | $-2.6M | ||
| Q4 24 | — | $-3.6M | ||
| Q3 24 | — | $-3.7M | ||
| Q2 24 | — | $-2.2M | ||
| Q1 24 | — | $-3.7M |
| Q4 25 | — | -62.5% | ||
| Q3 25 | — | -91.2% | ||
| Q2 25 | — | -30.6% | ||
| Q1 25 | — | -71.0% | ||
| Q4 24 | — | -192.8% | ||
| Q3 24 | — | -128.8% | ||
| Q2 24 | — | -51.0% | ||
| Q1 24 | — | -70.9% |
| Q4 25 | — | 4.6% | ||
| Q3 25 | — | 14.0% | ||
| Q2 25 | — | 14.9% | ||
| Q1 25 | — | 22.9% | ||
| Q4 24 | — | 68.8% | ||
| Q3 24 | — | 45.8% | ||
| Q2 24 | — | 39.9% | ||
| Q1 24 | — | 37.7% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.