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Side-by-side financial comparison of Alset Inc. (AEI) and Armada Hoffler Properties, Inc. (AHH). Click either name above to swap in a different company.

Armada Hoffler Properties, Inc. is the larger business by last-quarter revenue ($75.6M vs $1.3M, roughly 57.9× Alset Inc.). Armada Hoffler Properties, Inc. runs the higher net margin — 3.1% vs -2481.1%, a 2484.2% gap on every dollar of revenue. On growth, Armada Hoffler Properties, Inc. posted the faster year-over-year revenue change (0.8% vs -85.4%). Over the past eight quarters, Armada Hoffler Properties, Inc.'s revenue compounded faster (-22.8% CAGR vs -53.7%).

Alset Global GmbH is an Austrian technology and engineering company based in Graz that specialises in hydrogen-based clean mobility products. Alset Global is known for developing a Hybrid Hydrogen internal combustion engine that can run on either pure petrol, pure hydrogen or a combination of both. This technology offers a sustainable and clean alternative to petrol-based internal combustion engines. The technology has been developed to create an alternative technology to meet new emission ta...

Armada Hoffler Properties, Inc. is a publicly traded U.S. real estate investment trust operating across the Mid-Atlantic and Southeast regions. It develops, owns, and manages a diversified portfolio of office, retail, and multifamily residential properties, and also offers construction and development services for third-party clients.

AEI vs AHH — Head-to-Head

Bigger by revenue
AHH
AHH
57.9× larger
AHH
$75.6M
$1.3M
AEI
Growing faster (revenue YoY)
AHH
AHH
+86.2% gap
AHH
0.8%
-85.4%
AEI
Higher net margin
AHH
AHH
2484.2% more per $
AHH
3.1%
-2481.1%
AEI
Faster 2-yr revenue CAGR
AHH
AHH
Annualised
AHH
-22.8%
-53.7%
AEI

Income Statement — Q4 2025 vs Q4 2025

Metric
AEI
AEI
AHH
AHH
Revenue
$1.3M
$75.6M
Net Profit
$-32.4M
$2.4M
Gross Margin
35.2%
Operating Margin
-451.0%
31.0%
Net Margin
-2481.1%
3.1%
Revenue YoY
-85.4%
0.8%
Net Profit YoY
-1491.5%
-89.8%
EPS (diluted)
$-0.78
$0.00

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
AEI
AEI
AHH
AHH
Q4 25
$1.3M
$75.6M
Q3 25
$998.8K
$23.2M
Q2 25
$1.1M
$32.0M
Q1 25
$1.1M
$46.6M
Q4 24
$8.9M
$75.0M
Q3 24
$5.0M
$114.4M
Q2 24
$1.1M
$116.8M
Q1 24
$6.1M
$127.0M
Net Profit
AEI
AEI
AHH
AHH
Q4 25
$-32.4M
$2.4M
Q3 25
$1.5M
$80.0K
Q2 25
$-8.2M
$5.9M
Q1 25
$-8.3M
$-2.8M
Q4 24
$2.3M
$23.4M
Q3 24
$1.7M
$-5.0M
Q2 24
$-1.2M
$3.2M
Q1 24
$-6.8M
$14.1M
Gross Margin
AEI
AEI
AHH
AHH
Q4 25
35.2%
Q3 25
24.3%
Q2 25
23.3%
Q1 25
27.2%
Q4 24
51.4%
Q3 24
40.5%
45.0%
Q2 24
26.4%
41.8%
Q1 24
23.5%
37.9%
Operating Margin
AEI
AEI
AHH
AHH
Q4 25
-451.0%
31.0%
Q3 25
-258.2%
91.5%
Q2 25
-250.7%
63.9%
Q1 25
-368.1%
33.8%
Q4 24
21.5%
50.1%
Q3 24
-19.4%
19.0%
Q2 24
-249.3%
11.9%
Q1 24
-37.2%
15.1%
Net Margin
AEI
AEI
AHH
AHH
Q4 25
-2481.1%
3.1%
Q3 25
151.4%
0.3%
Q2 25
-748.1%
18.6%
Q1 25
-780.1%
-6.0%
Q4 24
26.0%
31.2%
Q3 24
34.6%
-4.4%
Q2 24
-109.9%
2.7%
Q1 24
-111.2%
11.1%
EPS (diluted)
AEI
AEI
AHH
AHH
Q4 25
$-0.78
$0.00
Q3 25
$0.05
$-0.04
Q2 25
$-0.71
$0.04
Q1 25
$-0.78
$-0.07
Q4 24
$0.24
$0.28
Q3 24
$0.19
$-0.11
Q2 24
$-0.13
$0.00
Q1 24
$-0.73
$0.17

Balance Sheet & Financial Strength

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

Metric
AEI
AEI
AHH
AHH
Cash + ST InvestmentsLiquidity on hand
$25.2M
$49.1M
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$121.1M
$627.8M
Total Assets
$136.6M
$2.6B
Debt / EquityLower = less leverage
2.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AEI
AEI
AHH
AHH
Q4 25
$25.2M
$49.1M
Q3 25
$25.5M
$46.5M
Q2 25
$25.6M
$52.1M
Q1 25
$25.2M
$45.7M
Q4 24
$27.2M
$31.9M
Q3 24
$16.7M
$43.9M
Q2 24
$18.9M
$20.3M
Q1 24
$23.7M
$41.9M
Total Debt
AEI
AEI
AHH
AHH
Q4 25
$1.5B
Q3 25
$1.5B
Q2 25
$1.4B
Q1 25
$116.5K
$1.3B
Q4 24
$123.1K
$1.3B
Q3 24
$137.9K
$1.3B
Q2 24
$137.8K
$1.4B
Q1 24
$145.8K
$1.4B
Stockholders' Equity
AEI
AEI
AHH
AHH
Q4 25
$121.1M
$627.8M
Q3 25
$155.7M
$638.8M
Q2 25
$72.8M
$652.0M
Q1 25
$76.4M
$657.4M
Q4 24
$81.3M
$670.6M
Q3 24
$84.2M
$663.9M
Q2 24
$79.4M
$562.7M
Q1 24
$81.7M
$571.4M
Total Assets
AEI
AEI
AHH
AHH
Q4 25
$136.6M
$2.6B
Q3 25
$169.1M
$2.6B
Q2 25
$86.0M
$2.6B
Q1 25
$90.5M
$2.5B
Q4 24
$96.8M
$2.5B
Q3 24
$98.8M
$2.6B
Q2 24
$93.5M
$2.6B
Q1 24
$96.7M
$2.6B
Debt / Equity
AEI
AEI
AHH
AHH
Q4 25
2.43×
Q3 25
2.33×
Q2 25
2.22×
Q1 25
0.00×
2.01×
Q4 24
0.00×
1.93×
Q3 24
0.00×
2.00×
Q2 24
0.00×
2.52×
Q1 24
0.00×
2.50×

Cash Flow & Capital Efficiency

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

Metric
AEI
AEI
AHH
AHH
Operating Cash FlowLast quarter
$-436.1K
Free Cash FlowOCF − Capex
$-466.5K
FCF MarginFCF / Revenue
-35.8%
Capex IntensityCapex / Revenue
2.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-6.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AEI
AEI
AHH
AHH
Q4 25
$-436.1K
Q3 25
$883.4K
$26.3M
Q2 25
$-2.6M
$11.1M
Q1 25
$-3.8M
$107.0K
Q4 24
$13.9M
$20.8M
Q3 24
$-2.9M
$27.3M
Q2 24
$-4.4M
$17.4M
Q1 24
$-1.5M
$46.5M
Free Cash Flow
AEI
AEI
AHH
AHH
Q4 25
$-466.5K
Q3 25
$822.4K
Q2 25
$-2.7M
Q1 25
$-3.8M
Q4 24
$13.9M
Q3 24
$-2.9M
Q2 24
$-4.4M
Q1 24
$-1.5M
FCF Margin
AEI
AEI
AHH
AHH
Q4 25
-35.8%
Q3 25
82.3%
Q2 25
-245.9%
Q1 25
-357.3%
Q4 24
155.1%
Q3 24
-58.2%
Q2 24
-392.3%
Q1 24
-24.8%
Capex Intensity
AEI
AEI
AHH
AHH
Q4 25
2.3%
Q3 25
6.1%
Q2 25
7.6%
Q1 25
5.7%
Q4 24
0.4%
Q3 24
0.6%
Q2 24
3.0%
Q1 24
0.0%
Cash Conversion
AEI
AEI
AHH
AHH
Q4 25
Q3 25
0.58×
328.63×
Q2 25
1.87×
Q1 25
Q4 24
5.98×
0.89×
Q3 24
-1.66×
Q2 24
5.48×
Q1 24
3.30×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AEI
AEI

Segment breakdown not available.

AHH
AHH

Office Real Estate Segment$28.8M38%
Retail Real Estate Segment$25.4M34%
Multifamily Residential Real Estate$17.7M23%
Real Estate Financing Segment$3.6M5%

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