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Side-by-side financial comparison of Almonty Industries Inc. (ALM) and Direct Digital Holdings, Inc. (DRCT). Click either name above to swap in a different company.

Direct Digital Holdings, Inc. is the larger business by last-quarter revenue ($8.4M vs $6.3M, roughly 1.3× Almonty Industries Inc.). Almonty Industries Inc. runs the higher net margin — -86.1% vs -138.7%, a 52.6% gap on every dollar of revenue.

Almonty Industries Inc. is an international mining company primarily engaged in the extraction and development of tungsten resources. The company operates in Spain, Portugal, and South Korea and is publicly traded on the Toronto Stock Exchange (TSX). The current Chief Executive Officer is Lewis Black.

Devolver Digital, Inc. is an American video game publisher based in Austin, Texas, specializing in the publishing of indie games. The company was founded in June 2009 by Nigel Lowrie, Harry Miller, Graeme Struthers, Rick Stults, and Mike Wilson, five executives who had been involved with Gathering of Developers and Gamecock Media Group, which published games on developer-friendly terms, but due to the high cost associated with releasing retail games saw themselves acquired and dissolved by la...

ALM vs DRCT — Head-to-Head

Bigger by revenue
DRCT
DRCT
1.3× larger
DRCT
$8.4M
$6.3M
ALM
Higher net margin
ALM
ALM
52.6% more per $
ALM
-86.1%
-138.7%
DRCT

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
ALM
ALM
DRCT
DRCT
Revenue
$6.3M
$8.4M
Net Profit
$-5.4M
$-11.7M
Gross Margin
26.8%
Operating Margin
-53.4%
Net Margin
-86.1%
-138.7%
Revenue YoY
-7.4%
Net Profit YoY
-434.7%
EPS (diluted)
$-74.97

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
ALM
ALM
DRCT
DRCT
Q4 25
$8.4M
Q3 25
$6.3M
$8.0M
Q2 25
$7.2M
$10.1M
Q1 25
$8.2M
Q4 24
$9.1M
Q3 24
$9.1M
Q2 24
$21.9M
Q1 24
$22.3M
Net Profit
ALM
ALM
DRCT
DRCT
Q4 25
$-11.7M
Q3 25
$-5.4M
$-2.7M
Q2 25
$-58.2M
$-2.2M
Q1 25
$-2.4M
Q4 24
$-2.2M
Q3 24
$-2.7M
Q2 24
$-590.0K
Q1 24
$-775.0K
Gross Margin
ALM
ALM
DRCT
DRCT
Q4 25
26.8%
Q3 25
27.7%
Q2 25
35.1%
Q1 25
29.3%
Q4 24
32.5%
Q3 24
38.7%
Q2 24
27.1%
Q1 24
22.4%
Operating Margin
ALM
ALM
DRCT
DRCT
Q4 25
-53.4%
Q3 25
-49.0%
Q2 25
-23.9%
Q1 25
-48.1%
Q4 24
-51.8%
Q3 24
-40.3%
Q2 24
-9.4%
Q1 24
-12.6%
Net Margin
ALM
ALM
DRCT
DRCT
Q4 25
-138.7%
Q3 25
-86.1%
-33.6%
Q2 25
-809.4%
-22.2%
Q1 25
-28.9%
Q4 24
-24.0%
Q3 24
-29.6%
Q2 24
-2.7%
Q1 24
-3.5%
EPS (diluted)
ALM
ALM
DRCT
DRCT
Q4 25
$-74.97
Q3 25
$-0.24
Q2 25
$-0.23
Q1 25
$-0.35
Q4 24
$-90.17
Q3 24
$-0.71
Q2 24
$-0.16
Q1 24
$-0.22

Balance Sheet & Financial Strength

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

Metric
ALM
ALM
DRCT
DRCT
Cash + ST InvestmentsLiquidity on hand
$728.0K
Total DebtLower is stronger
Stockholders' EquityBook value
$-7.0M
Total Assets
$20.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALM
ALM
DRCT
DRCT
Q4 25
$728.0K
Q3 25
$871.0K
Q2 25
$1.6M
Q1 25
$1.8M
Q4 24
$1.4M
Q3 24
$4.1M
Q2 24
$1.1M
Q1 24
$3.3M
Total Debt
ALM
ALM
DRCT
DRCT
Q4 25
Q3 25
$10.8M
Q2 25
$33.5M
Q1 25
$32.9M
Q4 24
Q3 24
$150.0K
Q2 24
$34.8M
Q1 24
$32.4M
Stockholders' Equity
ALM
ALM
DRCT
DRCT
Q4 25
$-7.0M
Q3 25
$-6.7M
Q2 25
$-24.6M
Q1 25
$-23.3M
Q4 24
$-19.7M
Q3 24
$-16.7M
Q2 24
$-10.5M
Q1 24
$-7.5M
Total Assets
ALM
ALM
DRCT
DRCT
Q4 25
$20.2M
Q3 25
$22.5M
Q2 25
$23.3M
Q1 25
$23.8M
Q4 24
$26.0M
Q3 24
$31.3M
Q2 24
$48.5M
Q1 24
$52.8M

Cash Flow & Capital Efficiency

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

Metric
ALM
ALM
DRCT
DRCT
Operating Cash FlowLast quarter
$-1.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALM
ALM
DRCT
DRCT
Q4 25
$-1.9M
Q3 25
$-1.6M
Q2 25
$-2.7M
Q1 25
$-2.7M
Q4 24
$-1.6M
Q3 24
$3.0M
Q2 24
$-4.4M
Q1 24
$-5.7M

Financial Flow Comparison

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

Revenue Breakdown by Segment

ALM
ALM

Segment breakdown not available.

DRCT
DRCT

Buy Side Advertising$8.2M98%
Other$183.0K2%

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