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Side-by-side financial comparison of ADAMAS TRUST, INC. (ADAM) and ENERGY FUELS INC (UUUU). Click either name above to swap in a different company.
ADAMAS TRUST, INC. is the larger business by last-quarter revenue ($43.2M vs $27.1M, roughly 1.6× ENERGY FUELS INC). ADAMAS TRUST, INC. runs the higher net margin — 124.0% vs -77.3%, a 201.3% gap on every dollar of revenue. On growth, ADAMAS TRUST, INC. posted the faster year-over-year revenue change (61.6% vs -32.1%). Over the past eight quarters, ENERGY FUELS INC's revenue compounded faster (98.7% CAGR vs 55.5%).
FuelCell Energy, Inc. is a publicly traded fuel cell company headquartered in Danbury, Connecticut. It designs, manufactures, operates and services power plants based on molten carbonate fuel cells.
ADAM vs UUUU — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $43.2M | $27.1M |
| Net Profit | $53.5M | $-20.9M |
| Gross Margin | — | 35.0% |
| Operating Margin | — | -81.6% |
| Net Margin | 124.0% | -77.3% |
| Revenue YoY | 61.6% | -32.1% |
| Net Profit YoY | 270.5% | 36.5% |
| EPS (diluted) | $0.45 | $-0.08 |
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 | $43.2M | $27.1M | ||
| Q3 25 | $36.6M | $17.7M | ||
| Q2 25 | $36.4M | — | ||
| Q1 25 | $33.1M | $16.9M | ||
| Q4 24 | $26.7M | $39.9M | ||
| Q3 24 | $20.2M | — | ||
| Q2 24 | $19.0M | $8.7M | ||
| Q1 24 | $17.9M | $25.4M |
| Q4 25 | $53.5M | $-20.9M | ||
| Q3 25 | $44.8M | $-16.7M | ||
| Q2 25 | $8.5M | — | ||
| Q1 25 | $42.2M | $-26.3M | ||
| Q4 24 | $-31.4M | $-33.0M | ||
| Q3 24 | $42.8M | — | ||
| Q2 24 | $-15.6M | $-6.4M | ||
| Q1 24 | $-57.9M | $3.6M |
| Q4 25 | — | 35.0% | ||
| Q3 25 | — | 27.8% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -7.3% | ||
| Q4 24 | — | 1.5% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 57.8% | ||
| Q1 24 | — | 56.5% |
| Q4 25 | — | -81.6% | ||
| Q3 25 | — | -150.6% | ||
| Q2 25 | 11.7% | — | ||
| Q1 25 | — | -155.0% | ||
| Q4 24 | -119.0% | -71.6% | ||
| Q3 24 | — | — | ||
| Q2 24 | -124.7% | -103.7% | ||
| Q1 24 | -448.8% | 7.9% |
| Q4 25 | 124.0% | -77.3% | ||
| Q3 25 | 122.5% | -94.5% | ||
| Q2 25 | 23.4% | — | ||
| Q1 25 | 127.4% | -155.6% | ||
| Q4 24 | -117.5% | -82.6% | ||
| Q3 24 | 211.7% | — | ||
| Q2 24 | -81.9% | -73.6% | ||
| Q1 24 | -324.1% | 14.3% |
| Q4 25 | $0.45 | $-0.08 | ||
| Q3 25 | $0.36 | $-0.07 | ||
| Q2 25 | $-0.04 | — | ||
| Q1 25 | $0.33 | $-0.13 | ||
| Q4 24 | $-0.46 | $-0.19 | ||
| Q3 24 | $0.36 | — | ||
| Q2 24 | $-0.29 | $-0.04 | ||
| Q1 24 | $-0.75 | $0.02 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $210.3M | $64.7M |
| Total DebtLower is stronger | $735.8M | $675.7M |
| Stockholders' EquityBook value | $1.4B | $678.4M |
| Total Assets | $12.6B | $1.4B |
| Debt / EquityLower = less leverage | 0.52× | 1.00× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $210.3M | $64.7M | ||
| Q3 25 | $185.3M | $94.0M | ||
| Q2 25 | $160.4M | — | ||
| Q1 25 | $177.1M | $73.0M | ||
| Q4 24 | $167.4M | $38.6M | ||
| Q3 24 | $195.1M | — | ||
| Q2 24 | $235.5M | $24.6M | ||
| Q1 24 | $226.9M | $54.8M |
| Q4 25 | $735.8M | $675.7M | ||
| Q3 25 | $766.6M | — | ||
| Q2 25 | $653.0M | — | ||
| Q1 25 | $654.4M | — | ||
| Q4 24 | $573.2M | — | ||
| Q3 24 | $699.4M | — | ||
| Q2 24 | $800.7M | — | ||
| Q1 24 | $1.0B | — |
| Q4 25 | $1.4B | $678.4M | ||
| Q3 25 | $1.4B | $703.2M | ||
| Q2 25 | $1.4B | — | ||
| Q1 25 | $1.4B | $580.8M | ||
| Q4 24 | $1.4B | $527.8M | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.4B | $378.8M | ||
| Q1 24 | $1.5B | $383.7M |
| Q4 25 | $12.6B | $1.4B | ||
| Q3 25 | $12.4B | $758.3M | ||
| Q2 25 | $10.6B | — | ||
| Q1 25 | $10.0B | $650.8M | ||
| Q4 24 | $9.2B | $612.0M | ||
| Q3 24 | $8.9B | — | ||
| Q2 24 | $8.2B | $403.4M | ||
| Q1 24 | $7.4B | $405.8M |
| Q4 25 | 0.52× | 1.00× | ||
| Q3 25 | 0.55× | — | ||
| Q2 25 | 0.47× | — | ||
| Q1 25 | 0.47× | — | ||
| Q4 24 | 0.41× | — | ||
| Q3 24 | 0.48× | — | ||
| Q2 24 | 0.56× | — | ||
| Q1 24 | 0.67× | — |
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 | $134.0M | $-16.2M |
| Free Cash FlowOCF − Capex | $125.9M | — |
| FCF MarginFCF / Revenue | 291.6% | — |
| Capex IntensityCapex / Revenue | 18.9% | — |
| Cash ConversionOCF / Net Profit | 2.50× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $134.0M | $-16.2M | ||
| Q3 25 | $6.9M | $-28.5M | ||
| Q2 25 | $39.2M | — | ||
| Q1 25 | $25.8M | $-18.8M | ||
| Q4 24 | $14.1M | $-36.0M | ||
| Q3 24 | $-922.0K | — | ||
| Q2 24 | $-993.0K | $-9.7M | ||
| Q1 24 | $-13.1M | $8.8M |
| Q4 25 | $125.9M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $-10.6M | — | ||
| Q3 24 | $-8.6M | — | ||
| Q2 24 | $-8.6M | — | ||
| Q1 24 | $-19.1M | — |
| Q4 25 | 291.6% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -39.6% | — | ||
| Q3 24 | -42.3% | — | ||
| Q2 24 | -44.9% | — | ||
| Q1 24 | -107.0% | — |
| Q4 25 | 18.9% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 92.3% | — | ||
| Q3 24 | 37.7% | — | ||
| Q2 24 | 39.7% | — | ||
| Q1 24 | 33.5% | — |
| Q4 25 | 2.50× | — | ||
| Q3 25 | 0.15× | — | ||
| Q2 25 | 4.59× | — | ||
| Q1 25 | 0.61× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -0.02× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 2.43× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ADAM
| Other | $19.6M | 45% |
| Constructive Loans LLC | $14.4M | 33% |
| Multifamily | $9.1M | 21% |
UUUU
Segment breakdown not available.
