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Side-by-side financial comparison of APARTMENT INVESTMENT & MANAGEMENT CO (AIV) and Token Cat Ltd (TC). Click either name above to swap in a different company.

Token Cat Ltd is the larger business by last-quarter revenue ($2.8M vs $2.1M, roughly 1.3× APARTMENT INVESTMENT & MANAGEMENT CO). APARTMENT INVESTMENT & MANAGEMENT CO runs the higher net margin — 14155.2% vs -3.4%, a 14158.6% gap on every dollar of revenue. On growth, APARTMENT INVESTMENT & MANAGEMENT CO posted the faster year-over-year revenue change (16.7% vs -37.9%).

Beach Point Capital Management is an American hedge fund management firm headquartered in Santa Monica, California.The firm focuses on credit related investments.

AIV vs TC — Head-to-Head

Bigger by revenue
TC
TC
1.3× larger
TC
$2.8M
$2.1M
AIV
Growing faster (revenue YoY)
AIV
AIV
+54.6% gap
AIV
16.7%
-37.9%
TC
Higher net margin
AIV
AIV
14158.6% more per $
AIV
14155.2%
-3.4%
TC

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
AIV
AIV
TC
TC
Revenue
$2.1M
$2.8M
Net Profit
$297.3M
$-93.0K
Gross Margin
79.0%
Operating Margin
-206.9%
Net Margin
14155.2%
-3.4%
Revenue YoY
16.7%
-37.9%
Net Profit YoY
2721.3%
98.3%
EPS (diluted)
$2.07

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
AIV
AIV
TC
TC
Q4 25
$2.1M
Q3 25
$35.1M
Q2 25
$52.8M
$2.8M
Q1 25
$52.4M
Q4 24
$1.8M
Q3 24
$35.3M
Q2 24
$51.1M
$4.4M
Q1 24
$50.2M
Net Profit
AIV
AIV
TC
TC
Q4 25
$297.3M
Q3 25
$283.1M
Q2 25
$-19.3M
$-93.0K
Q1 25
$-13.9M
Q4 24
Q3 24
$-21.9M
Q2 24
$-60.5M
$-5.6M
Q1 24
$-10.2M
Gross Margin
AIV
AIV
TC
TC
Q4 25
Q3 25
Q2 25
79.0%
Q1 25
Q4 24
Q3 24
Q2 24
69.2%
Q1 24
Operating Margin
AIV
AIV
TC
TC
Q4 25
Q3 25
51.9%
Q2 25
56.0%
-206.9%
Q1 25
55.9%
Q4 24
Q3 24
50.0%
Q2 24
55.9%
-146.9%
Q1 24
57.8%
Net Margin
AIV
AIV
TC
TC
Q4 25
14155.2%
Q3 25
805.9%
Q2 25
-36.6%
-3.4%
Q1 25
-26.6%
Q4 24
Q3 24
-62.1%
Q2 24
-118.3%
-125.9%
Q1 24
-20.3%
EPS (diluted)
AIV
AIV
TC
TC
Q4 25
$2.07
Q3 25
$2.04
Q2 25
$-0.14
Q1 25
$-0.10
Q4 24
Q3 24
$-0.16
Q2 24
$-0.43
Q1 24
$-0.07

Balance Sheet & Financial Strength

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

Metric
AIV
AIV
TC
TC
Cash + ST InvestmentsLiquidity on hand
$394.9M
$150.0K
Total DebtLower is stronger
$738.6M
$1.4M
Stockholders' EquityBook value
$361.9M
$4.6M
Total Assets
$1.7B
$28.4M
Debt / EquityLower = less leverage
2.04×
0.30×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIV
AIV
TC
TC
Q4 25
$394.9M
Q3 25
$404.4M
Q2 25
$41.4M
$150.0K
Q1 25
$49.1M
Q4 24
$141.1M
Q3 24
$82.6M
Q2 24
$88.5M
$689.0K
Q1 24
$121.8M
Total Debt
AIV
AIV
TC
TC
Q4 25
$738.6M
Q3 25
$828.5M
Q2 25
$1.1B
$1.4M
Q1 25
$1.1B
Q4 24
$829.7M
Q3 24
$1.3B
Q2 24
$1.2B
$1.8M
Q1 24
$1.2B
Stockholders' Equity
AIV
AIV
TC
TC
Q4 25
$361.9M
Q3 25
$62.0M
Q2 25
$91.7M
$4.6M
Q1 25
$110.5M
Q4 24
$123.0M
Q3 24
$229.8M
Q2 24
$253.5M
$-787.0K
Q1 24
$335.8M
Total Assets
AIV
AIV
TC
TC
Q4 25
$1.7B
Q3 25
$2.1B
Q2 25
$1.9B
$28.4M
Q1 25
$1.9B
Q4 24
$2.0B
Q3 24
$2.1B
Q2 24
$2.1B
$12.5M
Q1 24
$2.1B
Debt / Equity
AIV
AIV
TC
TC
Q4 25
2.04×
Q3 25
13.37×
Q2 25
11.99×
0.30×
Q1 25
9.80×
Q4 24
6.75×
Q3 24
5.44×
Q2 24
4.78×
Q1 24
3.52×

Cash Flow & Capital Efficiency

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

Metric
AIV
AIV
TC
TC
Operating Cash FlowLast quarter
$8.1M
$-23.7M
Free Cash FlowOCF − Capex
$-91.5M
FCF MarginFCF / Revenue
-4358.6%
Capex IntensityCapex / Revenue
4744.0%
Cash ConversionOCF / Net Profit
0.03×
TTM Free Cash FlowTrailing 4 quarters
$-143.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIV
AIV
TC
TC
Q4 25
$8.1M
Q3 25
$8.9M
Q2 25
$9.7M
$-23.7M
Q1 25
$3.8M
Q4 24
$47.0M
Q3 24
$16.4M
Q2 24
$8.0M
$-1.5M
Q1 24
$21.7M
Free Cash Flow
AIV
AIV
TC
TC
Q4 25
$-91.5M
Q3 25
$-19.3M
Q2 25
$-16.8M
Q1 25
$-15.4M
Q4 24
$-113.0M
Q3 24
$-19.6M
Q2 24
$-28.9M
$-1.5M
Q1 24
$-19.2M
FCF Margin
AIV
AIV
TC
TC
Q4 25
-4358.6%
Q3 25
-55.0%
Q2 25
-31.8%
Q1 25
-29.3%
Q4 24
-6280.2%
Q3 24
-55.4%
Q2 24
-56.5%
-34.4%
Q1 24
-38.3%
Capex Intensity
AIV
AIV
TC
TC
Q4 25
4744.0%
Q3 25
80.4%
Q2 25
50.1%
Q1 25
36.7%
Q4 24
8890.4%
Q3 24
101.9%
Q2 24
72.2%
0.0%
Q1 24
81.5%
Cash Conversion
AIV
AIV
TC
TC
Q4 25
0.03×
Q3 25
0.03×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

AIV
AIV

Other Real Estate$2.0M97%
Other$66.0K3%

TC
TC

Segment breakdown not available.

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