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Side-by-side financial comparison of American Bitcoin Corp. (ABTC) and Via Transportation, Inc. (VIA). Click either name above to swap in a different company.

American Bitcoin Corp. is the larger business by last-quarter revenue ($118.0M vs $109.7M, roughly 1.1× Via Transportation, Inc.).

Bitcoin is the first decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 when an unknown person published a white paper under the pseudonym of Satoshi Nakamoto. Use of bitcoin as a currency began in 2009, with the release of its open-source implementation. From 2021 to 2025, El Salvador adopted it as legal tender currency before revoking it. As bitcoin is pseudonymous, its use by criminals has attracted the attention of regulators, leading to its ban by...

Via Transportation, Inc. is an American technology company that provides software as a service (SaaS) and operations to improve public transportation networks for cities, transit agencies, schools and universities, healthcare providers, and corporations around the world. Via offers fully managed transit services as well as transportation planning tools, consulting services, operational support, and navigation.

ABTC vs VIA — Head-to-Head

Bigger by revenue
ABTC
ABTC
1.1× larger
ABTC
$118.0M
$109.7M
VIA

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
ABTC
ABTC
VIA
VIA
Revenue
$118.0M
$109.7M
Net Profit
$-36.9M
Gross Margin
49.1%
39.3%
Operating Margin
-192.8%
-17.2%
Net Margin
-33.6%
Revenue YoY
151.5%
Net Profit YoY
EPS (diluted)
$-0.07
$-1.49

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
ABTC
ABTC
VIA
VIA
Q4 25
$118.0M
Q3 25
$64.2M
$109.7M
Q2 25
$1.4M
Q1 25
$1.6M
Q4 24
$46.9M
Q3 24
$11.6M
Q2 24
$5.5M
Q1 24
$7.5M
Net Profit
ABTC
ABTC
VIA
VIA
Q4 25
Q3 25
$3.5M
$-36.9M
Q2 25
$3.4M
Q1 25
$-100.6M
Q4 24
Q3 24
$-576.0K
Q2 24
$-61.1M
Q1 24
$230.4M
Gross Margin
ABTC
ABTC
VIA
VIA
Q4 25
49.1%
Q3 25
56.0%
39.3%
Q2 25
Q1 25
Q4 24
57.9%
Q3 24
4.2%
Q2 24
31.0%
Q1 24
35.4%
Operating Margin
ABTC
ABTC
VIA
VIA
Q4 25
-192.8%
Q3 25
11.2%
-17.2%
Q2 25
-162.1%
Q1 25
-350.8%
Q4 24
Q3 24
-87.8%
Q2 24
-106.4%
Q1 24
-20.8%
Net Margin
ABTC
ABTC
VIA
VIA
Q4 25
Q3 25
5.4%
-33.6%
Q2 25
249.2%
Q1 25
-6458.5%
Q4 24
Q3 24
-5.0%
Q2 24
-1107.2%
Q1 24
3076.2%
EPS (diluted)
ABTC
ABTC
VIA
VIA
Q4 25
$-0.07
Q3 25
$0.06
$-1.49
Q2 25
$-0.07
Q1 25
$-0.09
Q4 24
$1.10
Q3 24
$-0.15
Q2 24
$-0.10
Q1 24
$-0.36

Balance Sheet & Financial Strength

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

Metric
ABTC
ABTC
VIA
VIA
Cash + ST InvestmentsLiquidity on hand
$378.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$665.8M
$574.6M
Total Assets
$1.2B
$702.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABTC
ABTC
VIA
VIA
Q4 25
Q3 25
$378.2M
Q2 25
$750.0K
Q1 25
$367.0K
Q4 24
$850.0K
Q3 24
$478.0K
Q2 24
$1.4M
Q1 24
$1.9M
Stockholders' Equity
ABTC
ABTC
VIA
VIA
Q4 25
$665.8M
Q3 25
$575.5M
$574.6M
Q2 25
$339.7M
Q1 25
$115.8M
Q4 24
$1.0B
Q3 24
$697.5M
Q2 24
$614.3M
Q1 24
$696.8M
Total Assets
ABTC
ABTC
VIA
VIA
Q4 25
$1.2B
Q3 25
$1.2B
$702.1M
Q2 25
$6.2M
Q1 25
$9.0M
Q4 24
$1.1B
Q3 24
$7.5M
Q2 24
$11.4M
Q1 24
$17.8M

Cash Flow & Capital Efficiency

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

Metric
ABTC
ABTC
VIA
VIA
Operating Cash FlowLast quarter
$-79.6M
$-30.4M
Free Cash FlowOCF − Capex
$-31.8M
FCF MarginFCF / Revenue
-29.0%
Capex IntensityCapex / Revenue
1.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ABTC
ABTC
VIA
VIA
Q4 25
$-79.6M
Q3 25
$-39.0M
$-30.4M
Q2 25
$-879.0K
Q1 25
$-3.2M
Q4 24
$-54.0M
Q3 24
$-76.8M
Q2 24
$201.0K
Q1 24
$-983.0K
Free Cash Flow
ABTC
ABTC
VIA
VIA
Q4 25
Q3 25
$-31.8M
Q2 25
$-1.4M
Q1 25
Q4 24
$-60.6M
Q3 24
$-79.3M
Q2 24
$-874.0K
Q1 24
FCF Margin
ABTC
ABTC
VIA
VIA
Q4 25
Q3 25
-29.0%
Q2 25
-104.4%
Q1 25
Q4 24
-129.2%
Q3 24
-683.2%
Q2 24
-15.8%
Q1 24
Capex Intensity
ABTC
ABTC
VIA
VIA
Q4 25
Q3 25
1.2%
Q2 25
40.5%
Q1 25
Q4 24
14.1%
Q3 24
21.6%
Q2 24
19.5%
Q1 24
Cash Conversion
ABTC
ABTC
VIA
VIA
Q4 25
Q3 25
-11.21×
Q2 25
-0.26×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
-0.00×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ABTC
ABTC

Segment breakdown not available.

VIA
VIA

Government Customer$103.7M95%
Commercial Customer$5.9M5%

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