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Side-by-side financial comparison of Alset Inc. (AEI) and Serve Robotics Inc. (SERV). Click either name above to swap in a different company.

Alset Inc. is the larger business by last-quarter revenue ($1.3M vs $881.5K, roughly 1.5× Serve Robotics Inc.). On growth, Serve Robotics Inc. posted the faster year-over-year revenue change (400.1% vs -85.4%). Alset Inc. produced more free cash flow last quarter ($-6.1M vs $-46.1M). Over the past eight quarters, Serve Robotics Inc.'s revenue compounded faster (-3.5% 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...

Ecovacs Robotics is a Chinese technology company. It is best known for developing in-home robotic appliances. The company was founded in 1998 by Qian Dongqi and is headquartered in Suzhou, China. According to Global Asia, Ecovacs Robotics had more than 60% of the Chinese market for robots by 2013. In 2023, Nikkei Asia had reported that the market capitalisation of Ecovacs Robotics has grown to near $6.38 billion, which is "roughly 5 times" that of the market capitalisation of rivalling US bas...

AEI vs SERV — Head-to-Head

Bigger by revenue
AEI
AEI
1.5× larger
AEI
$1.3M
$881.5K
SERV
Growing faster (revenue YoY)
SERV
SERV
+485.5% gap
SERV
400.1%
-85.4%
AEI
More free cash flow
AEI
AEI
$40.0M more FCF
AEI
$-6.1M
$-46.1M
SERV
Faster 2-yr revenue CAGR
SERV
SERV
Annualised
SERV
-3.5%
-53.7%
AEI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AEI
AEI
SERV
SERV
Revenue
$1.3M
$881.5K
Net Profit
$-34.3M
Gross Margin
35.2%
-757.3%
Operating Margin
-4572.1%
Net Margin
-3888.1%
Revenue YoY
-85.4%
400.1%
Net Profit YoY
-1491.5%
-161.3%
EPS (diluted)
$-0.50

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
SERV
SERV
Q4 25
$1.3M
$881.5K
Q3 25
$998.8K
$687.0K
Q2 25
$1.1M
$642.0K
Q1 25
$1.1M
$440.5K
Q4 24
$8.9M
$176.3K
Q3 24
$5.0M
$222.0K
Q2 24
$1.1M
$468.0K
Q1 24
$6.1M
$946.7K
Net Profit
AEI
AEI
SERV
SERV
Q4 25
$-34.3M
Q3 25
$1.5M
$-33.0M
Q2 25
$-8.2M
$-20.9M
Q1 25
$-8.3M
$-13.2M
Q4 24
$2.3M
$-13.1M
Q3 24
$1.7M
$-8.0M
Q2 24
$-1.2M
$-9.0M
Q1 24
$-6.8M
$-9.0M
Gross Margin
AEI
AEI
SERV
SERV
Q4 25
35.2%
-757.3%
Q3 25
24.3%
-637.4%
Q2 25
23.3%
-445.3%
Q1 25
27.2%
-333.4%
Q4 24
51.4%
-371.7%
Q3 24
40.5%
-70.3%
Q2 24
26.4%
30.3%
Q1 24
23.5%
62.8%
Operating Margin
AEI
AEI
SERV
SERV
Q4 25
-4572.1%
Q3 25
-258.2%
-5067.8%
Q2 25
-250.7%
-3527.1%
Q1 25
-368.1%
-3406.6%
Q4 24
21.5%
-7701.3%
Q3 24
-19.4%
-3804.1%
Q2 24
-249.3%
-1828.2%
Q1 24
-37.2%
-814.6%
Net Margin
AEI
AEI
SERV
SERV
Q4 25
-3888.1%
Q3 25
151.4%
-4806.4%
Q2 25
-748.1%
-3247.7%
Q1 25
-780.1%
-3000.5%
Q4 24
26.0%
-7441.8%
Q3 24
34.6%
-3601.8%
Q2 24
-109.9%
-1931.2%
Q1 24
-111.2%
-954.7%
EPS (diluted)
AEI
AEI
SERV
SERV
Q4 25
$-0.50
Q3 25
$0.05
$-0.54
Q2 25
$-0.71
$-0.36
Q1 25
$-0.78
$-0.23
Q4 24
$0.24
$-0.23
Q3 24
$0.19
$-0.20
Q2 24
$-0.13
$-0.27
Q1 24
$-0.73
$-0.37

Balance Sheet & Financial Strength

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

Metric
AEI
AEI
SERV
SERV
Cash + ST InvestmentsLiquidity on hand
$25.2M
$106.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$121.1M
$350.7M
Total Assets
$136.6M
$367.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AEI
AEI
SERV
SERV
Q4 25
$25.2M
$106.2M
Q3 25
$25.5M
$116.8M
Q2 25
$25.6M
$116.7M
Q1 25
$25.2M
$197.8M
Q4 24
$27.2M
$123.3M
Q3 24
$16.7M
$50.9M
Q2 24
$18.9M
$28.8M
Q1 24
$23.7M
Total Debt
AEI
AEI
SERV
SERV
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
Stockholders' Equity
AEI
AEI
SERV
SERV
Q4 25
$121.1M
$350.7M
Q3 25
$155.7M
$283.9M
Q2 25
$72.8M
$207.2M
Q1 25
$76.4M
$210.2M
Q4 24
$81.3M
$131.7M
Q3 24
$84.2M
$56.2M
Q2 24
$79.4M
$28.5M
Q1 24
$81.7M
$-8.8M
Total Assets
AEI
AEI
SERV
SERV
Q4 25
$136.6M
$367.8M
Q3 25
$169.1M
$299.1M
Q2 25
$86.0M
$214.3M
Q1 25
$90.5M
$216.6M
Q4 24
$96.8M
$139.6M
Q3 24
$98.8M
$61.5M
Q2 24
$93.5M
$32.8M
Q1 24
$96.7M
$4.2M
Debt / Equity
AEI
AEI
SERV
SERV
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
AEI
AEI
SERV
SERV
Operating Cash FlowLast quarter
$-5.9M
$-29.6M
Free Cash FlowOCF − Capex
$-6.1M
$-46.1M
FCF MarginFCF / Revenue
-467.7%
-5234.4%
Capex IntensityCapex / Revenue
13.4%
1872.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-11.8M
$-117.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AEI
AEI
SERV
SERV
Q4 25
$-5.9M
$-29.6M
Q3 25
$883.4K
$-25.2M
Q2 25
$-2.6M
$-16.0M
Q1 25
$-3.8M
$-9.5M
Q4 24
$5.2M
$-6.3M
Q3 24
$-2.9M
$-5.5M
Q2 24
$-4.4M
$-5.7M
Q1 24
$-1.5M
$-4.1M
Free Cash Flow
AEI
AEI
SERV
SERV
Q4 25
$-6.1M
$-46.1M
Q3 25
$822.4K
$-36.5M
Q2 25
$-2.7M
$-22.0M
Q1 25
$-3.8M
$-12.9M
Q4 24
$5.1M
$-11.1M
Q3 24
$-2.9M
$-10.1M
Q2 24
$-4.4M
$-6.5M
Q1 24
$-1.5M
$-4.1M
FCF Margin
AEI
AEI
SERV
SERV
Q4 25
-467.7%
-5234.4%
Q3 25
82.3%
-5314.1%
Q2 25
-245.9%
-3426.8%
Q1 25
-357.3%
-2934.1%
Q4 24
56.5%
-6307.8%
Q3 24
-58.2%
-4529.7%
Q2 24
-392.3%
-1396.6%
Q1 24
-24.8%
-431.1%
Capex Intensity
AEI
AEI
SERV
SERV
Q4 25
13.4%
1872.1%
Q3 25
6.1%
1649.6%
Q2 25
7.6%
940.4%
Q1 25
5.7%
785.7%
Q4 24
1.1%
2755.1%
Q3 24
0.6%
2070.7%
Q2 24
3.0%
169.8%
Q1 24
0.0%
0.4%
Cash Conversion
AEI
AEI
SERV
SERV
Q4 25
Q3 25
0.58×
Q2 25
Q1 25
Q4 24
2.22×
Q3 24
-1.66×
Q2 24
Q1 24

Financial Flow Comparison

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

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