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Side-by-side financial comparison of ALUMIS INC. (ALMS) and AmpliTech Group, Inc. (AMPG). Click either name above to swap in a different company.

AmpliTech Group, Inc. is the larger business by last-quarter revenue ($4.5M vs $2.7M, roughly 1.7× ALUMIS INC.). ALUMIS INC. runs the higher net margin — 2225.1% vs -71.6%, a 2296.7% gap on every dollar of revenue. AmpliTech Group, Inc. produced more free cash flow last quarter ($-3.5M vs $-107.0M).

ALUMIS INC. is a clinical-stage biopharmaceutical company focused on developing innovative targeted therapies for patients suffering from autoimmune and inflammatory disorders. It advances multiple product candidates through clinical trials, aiming to address unmet medical needs for patient populations across global markets.

Ampli Energy is a South African company providing a renewable energy trading platform that uses a wheeling process to deliver green energy to consumers.

ALMS vs AMPG — Head-to-Head

Bigger by revenue
AMPG
AMPG
1.7× larger
AMPG
$4.5M
$2.7M
ALMS
Higher net margin
ALMS
ALMS
2296.7% more per $
ALMS
2225.1%
-71.6%
AMPG
More free cash flow
AMPG
AMPG
$103.5M more FCF
AMPG
$-3.5M
$-107.0M
ALMS

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
ALMS
ALMS
AMPG
AMPG
Revenue
$2.7M
$4.5M
Net Profit
$59.3M
$-3.2M
Gross Margin
22.8%
Operating Margin
-5271.5%
-73.3%
Net Margin
2225.1%
-71.6%
Revenue YoY
141.6%
Net Profit YoY
205.0%
16.1%
EPS (diluted)
$0.77
$-0.14

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
ALMS
ALMS
AMPG
AMPG
Q4 25
$4.5M
Q3 25
$6.1M
Q2 25
$2.7M
$11.0M
Q1 25
$17.4M
$3.6M
Q4 24
$1.9M
Q3 24
$2.8M
Q2 24
$2.5M
Q1 24
$2.3M
Net Profit
ALMS
ALMS
AMPG
AMPG
Q4 25
$-3.2M
Q3 25
$-188.4K
Q2 25
$59.3M
$-1.8M
Q1 25
$-99.0M
$-1.8M
Q4 24
$-3.8M
Q3 24
$-1.2M
Q2 24
$-1.6M
Q1 24
$-4.7M
Gross Margin
ALMS
ALMS
AMPG
AMPG
Q4 25
22.8%
Q3 25
48.6%
Q2 25
7.8%
Q1 25
33.0%
Q4 24
10.7%
Q3 24
47.6%
Q2 24
41.8%
Q1 24
38.5%
Operating Margin
ALMS
ALMS
AMPG
AMPG
Q4 25
-73.3%
Q3 25
-3.6%
Q2 25
-5271.5%
-17.5%
Q1 25
-583.9%
-52.5%
Q4 24
-234.5%
Q3 24
-38.4%
Q2 24
-62.0%
Q1 24
-62.3%
Net Margin
ALMS
ALMS
AMPG
AMPG
Q4 25
-71.6%
Q3 25
-3.1%
Q2 25
2225.1%
-16.1%
Q1 25
-569.1%
-51.1%
Q4 24
-206.2%
Q3 24
-42.0%
Q2 24
-62.4%
Q1 24
-203.0%
EPS (diluted)
ALMS
ALMS
AMPG
AMPG
Q4 25
$-0.14
Q3 25
$-0.01
Q2 25
$0.77
$-0.09
Q1 25
$-1.82
$-0.09
Q4 24
$-0.28
Q3 24
$-0.12
Q2 24
$-0.16
Q1 24
$-0.48

Balance Sheet & Financial Strength

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

Metric
ALMS
ALMS
AMPG
AMPG
Cash + ST InvestmentsLiquidity on hand
$486.3M
$5.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$485.3M
$32.9M
Total Assets
$610.9M
$51.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALMS
ALMS
AMPG
AMPG
Q4 25
$5.0M
Q3 25
$8.4M
Q2 25
$486.3M
$11.1M
Q1 25
$208.7M
$16.9M
Q4 24
$19.3M
Q3 24
$1.1M
Q2 24
$1.0M
Q1 24
$2.4M
Total Debt
ALMS
ALMS
AMPG
AMPG
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$1.1M
Q2 24
$36.4K
Q1 24
$63.2K
Stockholders' Equity
ALMS
ALMS
AMPG
AMPG
Q4 25
$32.9M
Q3 25
$35.8M
Q2 25
$485.3M
$35.8M
Q1 25
$168.3M
$35.8M
Q4 24
$37.5M
Q3 24
$20.4M
Q2 24
$20.7M
Q1 24
$22.2M
Total Assets
ALMS
ALMS
AMPG
AMPG
Q4 25
$51.5M
Q3 25
$47.2M
Q2 25
$610.9M
$48.6M
Q1 25
$261.3M
$42.1M
Q4 24
$43.2M
Q3 24
$27.5M
Q2 24
$25.4M
Q1 24
$26.9M
Debt / Equity
ALMS
ALMS
AMPG
AMPG
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.06×
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
ALMS
ALMS
AMPG
AMPG
Operating Cash FlowLast quarter
$-106.4M
$-3.4M
Free Cash FlowOCF − Capex
$-107.0M
$-3.5M
FCF MarginFCF / Revenue
-4012.3%
-78.4%
Capex IntensityCapex / Revenue
23.1%
1.9%
Cash ConversionOCF / Net Profit
-1.79×
TTM Free Cash FlowTrailing 4 quarters
$-9.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALMS
ALMS
AMPG
AMPG
Q4 25
$-3.4M
Q3 25
$-999.4K
Q2 25
$-106.4M
$-2.3M
Q1 25
$-80.4M
$-2.0M
Q4 24
$-1.2M
Q3 24
$-1.7M
Q2 24
$-1.3M
Q1 24
$-1.1M
Free Cash Flow
ALMS
ALMS
AMPG
AMPG
Q4 25
$-3.5M
Q3 25
$-1.4M
Q2 25
$-107.0M
$-2.4M
Q1 25
$-80.4M
$-2.4M
Q4 24
$-1.2M
Q3 24
$-1.7M
Q2 24
$-1.3M
Q1 24
$-1.1M
FCF Margin
ALMS
ALMS
AMPG
AMPG
Q4 25
-78.4%
Q3 25
-23.7%
Q2 25
-4012.3%
-21.6%
Q1 25
-462.3%
-65.8%
Q4 24
-63.9%
Q3 24
-61.6%
Q2 24
-52.7%
Q1 24
-47.0%
Capex Intensity
ALMS
ALMS
AMPG
AMPG
Q4 25
1.9%
Q3 25
7.3%
Q2 25
23.1%
1.1%
Q1 25
0.2%
10.0%
Q4 24
0.9%
Q3 24
0.4%
Q2 24
0.5%
Q1 24
0.1%
Cash Conversion
ALMS
ALMS
AMPG
AMPG
Q4 25
Q3 25
Q2 25
-1.79×
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

ALMS
ALMS

Segment breakdown not available.

AMPG
AMPG

Other$2.7M60%
Distribution$1.8M40%

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