vs
Side-by-side financial comparison of Alset Inc. (AEI) and Millrose Properties, Inc. (MRP). Click either name above to swap in a different company.
Millrose Properties, Inc. is the larger business by last-quarter revenue ($189.5M vs $1.3M, roughly 145.2× Alset Inc.). Millrose Properties, Inc. runs the higher net margin — 64.5% vs -2481.1%, a 2545.6% gap on every dollar of revenue.
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...
Millrose Properties, Inc. is a U.S.-based real estate enterprise primarily focused on the acquisition, ownership, operation, and management of income-generating multi-family residential assets. Its core markets span the U.S. Mid-Atlantic and Southeast regions, and it also offers professional property management services to select third-party property owners.
AEI vs MRP — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $1.3M | $189.5M |
| Net Profit | $-32.4M | $122.2M |
| Gross Margin | 35.2% | — |
| Operating Margin | -451.0% | 84.8% |
| Net Margin | -2481.1% | 64.5% |
| Revenue YoY | -85.4% | — |
| Net Profit YoY | -1491.5% | 285.8% |
| EPS (diluted) | $-0.78 | $0.74 |
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 | $1.3M | $189.5M | ||
| Q3 25 | $998.8K | $179.3M | ||
| Q2 25 | $1.1M | $149.0M | ||
| Q1 25 | $1.1M | $82.7M | ||
| Q4 24 | $8.9M | — | ||
| Q3 24 | $5.0M | — | ||
| Q2 24 | $1.1M | — | ||
| Q1 24 | $6.1M | — |
| Q4 25 | $-32.4M | $122.2M | ||
| Q3 25 | $1.5M | $105.1M | ||
| Q2 25 | $-8.2M | $112.8M | ||
| Q1 25 | $-8.3M | $39.8M | ||
| Q4 24 | $2.3M | — | ||
| Q3 24 | $1.7M | — | ||
| Q2 24 | $-1.2M | — | ||
| Q1 24 | $-6.8M | — |
| Q4 25 | 35.2% | — | ||
| Q3 25 | 24.3% | — | ||
| Q2 25 | 23.3% | — | ||
| Q1 25 | 27.2% | — | ||
| Q4 24 | 51.4% | — | ||
| Q3 24 | 40.5% | — | ||
| Q2 24 | 26.4% | — | ||
| Q1 24 | 23.5% | — |
| Q4 25 | -451.0% | 84.8% | ||
| Q3 25 | -258.2% | 85.3% | ||
| Q2 25 | -250.7% | 85.1% | ||
| Q1 25 | -368.1% | 55.2% | ||
| Q4 24 | 21.5% | — | ||
| Q3 24 | -19.4% | — | ||
| Q2 24 | -249.3% | — | ||
| Q1 24 | -37.2% | — |
| Q4 25 | -2481.1% | 64.5% | ||
| Q3 25 | 151.4% | 58.6% | ||
| Q2 25 | -748.1% | 75.7% | ||
| Q1 25 | -780.1% | 48.1% | ||
| Q4 24 | 26.0% | — | ||
| Q3 24 | 34.6% | — | ||
| Q2 24 | -109.9% | — | ||
| Q1 24 | -111.2% | — |
| Q4 25 | $-0.78 | $0.74 | ||
| Q3 25 | $0.05 | $0.63 | ||
| Q2 25 | $-0.71 | $0.68 | ||
| Q1 25 | $-0.78 | $0.39 | ||
| Q4 24 | $0.24 | — | ||
| Q3 24 | $0.19 | — | ||
| Q2 24 | $-0.13 | — | ||
| Q1 24 | $-0.73 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $25.2M | $35.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $121.1M | $5.9B |
| Total Assets | $136.6M | $9.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $25.2M | $35.0M | ||
| Q3 25 | $25.5M | $242.6M | ||
| Q2 25 | $25.6M | $66.6M | ||
| Q1 25 | $25.2M | $89.5M | ||
| Q4 24 | $27.2M | — | ||
| Q3 24 | $16.7M | — | ||
| Q2 24 | $18.9M | — | ||
| Q1 24 | $23.7M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $116.5K | — | ||
| Q4 24 | $123.1K | — | ||
| Q3 24 | $137.9K | — | ||
| Q2 24 | $137.8K | — | ||
| Q1 24 | $145.8K | — |
| Q4 25 | $121.1M | $5.9B | ||
| Q3 25 | $155.7M | $5.9B | ||
| Q2 25 | $72.8M | $5.9B | ||
| Q1 25 | $76.4M | $5.9B | ||
| Q4 24 | $81.3M | — | ||
| Q3 24 | $84.2M | — | ||
| Q2 24 | $79.4M | — | ||
| Q1 24 | $81.7M | — |
| Q4 25 | $136.6M | $9.3B | ||
| Q3 25 | $169.1M | $9.0B | ||
| Q2 25 | $86.0M | $8.0B | ||
| Q1 25 | $90.5M | $7.2B | ||
| Q4 24 | $96.8M | — | ||
| Q3 24 | $98.8M | — | ||
| Q2 24 | $93.5M | — | ||
| Q1 24 | $96.7M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.00× | — | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | 0.00× | — | ||
| Q2 24 | 0.00× | — | ||
| Q1 24 | 0.00× | — |
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 | $-436.1K | $3.4B |
| Free Cash FlowOCF − Capex | $-466.5K | — |
| FCF MarginFCF / Revenue | -35.8% | — |
| Capex IntensityCapex / Revenue | 2.3% | — |
| Cash ConversionOCF / Net Profit | — | 27.97× |
| TTM Free Cash FlowTrailing 4 quarters | $-6.2M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-436.1K | $3.4B | ||
| Q3 25 | $883.4K | $123.1M | ||
| Q2 25 | $-2.6M | $109.1M | ||
| Q1 25 | $-3.8M | $21.3M | ||
| Q4 24 | $13.9M | — | ||
| Q3 24 | $-2.9M | — | ||
| Q2 24 | $-4.4M | — | ||
| Q1 24 | $-1.5M | — |
| 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 | — |
| 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% | — |
| 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% | — |
| Q4 25 | — | 27.97× | ||
| Q3 25 | 0.58× | 1.17× | ||
| Q2 25 | — | 0.97× | ||
| Q1 25 | — | 0.53× | ||
| Q4 24 | 5.98× | — | ||
| Q3 24 | -1.66× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
