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Side-by-side financial comparison of Alpha Cognition Inc. (ACOG) and BT Brands, Inc. (BTBD). Click either name above to swap in a different company.
BT Brands, Inc. is the larger business by last-quarter revenue ($3.9M vs $2.8M, roughly 1.4× Alpha Cognition Inc.). BT Brands, Inc. runs the higher net margin — 23.7% vs -245.5%, a 269.2% gap on every dollar of revenue. BT Brands, Inc. produced more free cash flow last quarter ($261.8K vs $-7.1M).
BT Brands, Inc.BTBDEarnings & Financial Report
BT Group plc is a British multinational telecommunications holding company headquartered in London, England. It has operations in around 180 countries and is the largest provider of fixed-line, broadband and mobile services in the UK, and also provides subscription television and IT services.
ACOG vs BTBD — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.8M | $3.9M |
| Net Profit | $-6.9M | $915.0K |
| Gross Margin | — | — |
| Operating Margin | -283.7% | 19.1% |
| Net Margin | -245.5% | 23.7% |
| Revenue YoY | — | -11.4% |
| Net Profit YoY | — | 516.9% |
| EPS (diluted) | $-0.10 | $0.15 |
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 | $2.8M | — | ||
| Q3 25 | $2.8M | $3.9M | ||
| Q2 25 | $1.7M | $3.8M | ||
| Q1 25 | $2.9M | $3.2M | ||
| Q3 24 | — | $4.3M | ||
| Q2 24 | — | $4.1M | ||
| Q1 24 | — | $3.2M | ||
| Q4 23 | — | $4.0M |
| Q4 25 | $-6.9M | — | ||
| Q3 25 | $-1.3M | $915.0K | ||
| Q2 25 | $-10.5M | $55.0K | ||
| Q1 25 | $-2.0M | $-329.8K | ||
| Q3 24 | — | $-219.5K | ||
| Q2 24 | — | $-70.0K | ||
| Q1 24 | — | $-445.7K | ||
| Q4 23 | — | $-3.5K |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 96.7% | — | ||
| Q1 25 | 99.6% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — |
| Q4 25 | -283.7% | — | ||
| Q3 25 | -187.0% | 19.1% | ||
| Q2 25 | -346.1% | -2.0% | ||
| Q1 25 | -125.9% | -9.0% | ||
| Q3 24 | — | -1.7% | ||
| Q2 24 | — | -4.6% | ||
| Q1 24 | — | -19.8% | ||
| Q4 23 | — | 1.0% |
| Q4 25 | -245.5% | — | ||
| Q3 25 | -46.4% | 23.7% | ||
| Q2 25 | -632.7% | 1.5% | ||
| Q1 25 | -68.5% | -10.2% | ||
| Q3 24 | — | -5.0% | ||
| Q2 24 | — | -1.7% | ||
| Q1 24 | — | -14.0% | ||
| Q4 23 | — | -0.1% |
| Q4 25 | $-0.10 | — | ||
| Q3 25 | $-0.30 | $0.15 | ||
| Q2 25 | $-0.65 | — | ||
| Q1 25 | $-0.13 | — | ||
| Q3 24 | — | $-0.04 | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $66.0M | $3.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $62.5M | $7.7M |
| Total Assets | $79.7M | $11.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $66.0M | — | ||
| Q3 25 | $35.4M | $3.5M | ||
| Q2 25 | $39.4M | $3.0M | ||
| Q1 25 | $45.5M | $2.7M | ||
| Q3 24 | — | $2.0M | ||
| Q2 24 | — | $1.5M | ||
| Q1 24 | — | $1.5M | ||
| Q4 23 | — | $1.4M |
| Q4 25 | $62.5M | — | ||
| Q3 25 | $33.9M | $7.7M | ||
| Q2 25 | $31.9M | $6.8M | ||
| Q1 25 | $40.8M | $6.7M | ||
| Q3 24 | — | $8.5M | ||
| Q2 24 | — | $8.7M | ||
| Q1 24 | — | $8.8M | ||
| Q4 23 | — | $9.6M |
| Q4 25 | $79.7M | — | ||
| Q3 25 | $46.3M | $11.9M | ||
| Q2 25 | $45.1M | $11.2M | ||
| Q1 25 | $48.6M | $11.0M | ||
| Q3 24 | — | $13.7M | ||
| Q2 24 | — | $14.0M | ||
| Q1 24 | — | $14.0M | ||
| Q4 23 | — | $14.9M |
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 | $-6.9M | $325.2K |
| Free Cash FlowOCF − Capex | $-7.1M | $261.8K |
| FCF MarginFCF / Revenue | -252.6% | 6.8% |
| Capex IntensityCapex / Revenue | 5.3% | 1.6% |
| Cash ConversionOCF / Net Profit | — | 0.36× |
| TTM Free Cash FlowTrailing 4 quarters | $-20.7M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-6.9M | — | ||
| Q3 25 | $-5.3M | $325.2K | ||
| Q2 25 | $-6.1M | $384.4K | ||
| Q1 25 | $-2.0M | $-306.7K | ||
| Q3 24 | — | $129.3K | ||
| Q2 24 | — | $82.5K | ||
| Q1 24 | — | $-408.9K | ||
| Q4 23 | — | $37.0K |
| Q4 25 | $-7.1M | — | ||
| Q3 25 | $-5.4M | $261.8K | ||
| Q2 25 | $-6.1M | — | ||
| Q1 25 | $-2.1M | $-431.1K | ||
| Q3 24 | — | $50.4K | ||
| Q2 24 | — | $53.7K | ||
| Q1 24 | — | $-521.3K | ||
| Q4 23 | — | $-59.5K |
| Q4 25 | -252.6% | — | ||
| Q3 25 | -188.8% | 6.8% | ||
| Q2 25 | -370.9% | — | ||
| Q1 25 | -72.0% | -13.3% | ||
| Q3 24 | — | 1.2% | ||
| Q2 24 | — | 1.3% | ||
| Q1 24 | — | -16.3% | ||
| Q4 23 | — | -1.5% |
| Q4 25 | 5.3% | — | ||
| Q3 25 | 2.6% | 1.6% | ||
| Q2 25 | 0.5% | 0.0% | ||
| Q1 25 | 2.2% | 3.8% | ||
| Q3 24 | — | 1.8% | ||
| Q2 24 | — | 0.7% | ||
| Q1 24 | — | 3.5% | ||
| Q4 23 | — | 2.4% |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.36× | ||
| Q2 25 | — | 6.98× | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
