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Side-by-side financial comparison of Abits Group Inc (ABTS) and SES AI Corp (SES). Click either name above to swap in a different company.

SES AI Corp is the larger business by last-quarter revenue ($4.6M vs $3.7M, roughly 1.2× Abits Group Inc). Abits Group Inc produced more free cash flow last quarter ($-470.2K vs $-11.1M).

Universal ABIT Co., Ltd was a computer components manufacturer, based in Taiwan, active since the 1980s. Its core product line were motherboards aimed at the overclocker market. ABIT experienced serious financial problems in 2005. The brand name "ABIT" and other intangible properties, including patents and trademarks, were acquired by Universal Scientific Industrial Co., Ltd. (USI) in May 2006.

SES S.A. is a Luxembourgish communications satellite operator supplying video and data connectivity worldwide to broadcasters, content and internet service providers, mobile and fixed network operators, governments and institutions.

ABTS vs SES — Head-to-Head

Bigger by revenue
SES
SES
1.2× larger
SES
$4.6M
$3.7M
ABTS
More free cash flow
ABTS
ABTS
$10.6M more FCF
ABTS
$-470.2K
$-11.1M
SES

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
ABTS
ABTS
SES
SES
Revenue
$3.7M
$4.6M
Net Profit
$-17.0M
Gross Margin
11.3%
Operating Margin
55.1%
-387.7%
Net Margin
-373.5%
Revenue YoY
0.0%
Net Profit YoY
50.7%
EPS (diluted)
$-0.05

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
ABTS
ABTS
SES
SES
Q4 25
$4.6M
Q3 25
$7.1M
Q2 25
$3.7M
$3.5M
Q1 25
$5.8M
Q2 24
$3.7M
Net Profit
ABTS
ABTS
SES
SES
Q4 25
$-17.0M
Q3 25
$-20.9M
Q2 25
$-22.7M
Q1 25
$-12.4M
Q2 24
$-14.0K
Gross Margin
ABTS
ABTS
SES
SES
Q4 25
11.3%
Q3 25
51.1%
Q2 25
73.7%
Q1 25
78.7%
Q2 24
27.0%
Operating Margin
ABTS
ABTS
SES
SES
Q4 25
-387.7%
Q3 25
-262.0%
Q2 25
55.1%
-652.3%
Q1 25
-401.7%
Q2 24
20.4%
Net Margin
ABTS
ABTS
SES
SES
Q4 25
-373.5%
Q3 25
-293.9%
Q2 25
-642.2%
Q1 25
-214.6%
Q2 24
-0.4%
EPS (diluted)
ABTS
ABTS
SES
SES
Q4 25
$-0.05
Q3 25
$-0.06
Q2 25
$-0.07
Q1 25
$-0.04
Q2 24
$-0.00

Balance Sheet & Financial Strength

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

Metric
ABTS
ABTS
SES
SES
Cash + ST InvestmentsLiquidity on hand
$1.1M
$29.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$10.4M
$214.8M
Total Assets
$11.4M
$272.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABTS
ABTS
SES
SES
Q4 25
$29.5M
Q3 25
$35.3M
Q2 25
$1.1M
$11.8M
Q1 25
$56.1M
Q2 24
$396.6K
Stockholders' Equity
ABTS
ABTS
SES
SES
Q4 25
$214.8M
Q3 25
$228.2M
Q2 25
$10.4M
$249.2M
Q1 25
$269.9M
Q2 24
$11.3M
Total Assets
ABTS
ABTS
SES
SES
Q4 25
$272.6M
Q3 25
$288.8M
Q2 25
$11.4M
$290.5M
Q1 25
$306.0M
Q2 24
$12.2M

Cash Flow & Capital Efficiency

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

Metric
ABTS
ABTS
SES
SES
Operating Cash FlowLast quarter
$1.2M
$-10.4M
Free Cash FlowOCF − Capex
$-470.2K
$-11.1M
FCF MarginFCF / Revenue
-12.8%
-243.7%
Capex IntensityCapex / Revenue
46.2%
15.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-61.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ABTS
ABTS
SES
SES
Q4 25
$-10.4M
Q3 25
$-14.3M
Q2 25
$1.2M
$-10.8M
Q1 25
$-22.8M
Q2 24
$-470.2K
Free Cash Flow
ABTS
ABTS
SES
SES
Q4 25
$-11.1M
Q3 25
$-14.7M
Q2 25
$-470.2K
$-11.6M
Q1 25
$-23.7M
Q2 24
FCF Margin
ABTS
ABTS
SES
SES
Q4 25
-243.7%
Q3 25
-206.9%
Q2 25
-12.8%
-329.6%
Q1 25
-410.0%
Q2 24
Capex Intensity
ABTS
ABTS
SES
SES
Q4 25
15.6%
Q3 25
6.0%
Q2 25
46.2%
22.8%
Q1 25
15.8%
Q2 24

Financial Flow Comparison

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

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