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Side-by-side financial comparison of Alps Group Inc (ALPS) and BIT ORIGIN Ltd (BTOG). Click either name above to swap in a different company.

BIT ORIGIN Ltd is the larger business by last-quarter revenue ($2.9M vs $2.2M, roughly 1.3× Alps Group Inc).

Alps Group Inc is a global electronic components manufacturer offering automotive sensors, semiconductor parts, input devices, industrial components and healthcare electronic modules. It serves automotive, consumer electronics, industrial and healthcare segments across Asia, Europe and North America.

Origin Systems, Inc. was an American video game developer based in Austin, Texas. It was founded on March 3, 1983, by Richard Garriott and his brother Robert. Origin is best known for their groundbreaking work in multiple genres of video games, such as the Ultima and Wing Commander series. The company was purchased by Electronic Arts in 1992.

ALPS vs BTOG — Head-to-Head

Bigger by revenue
BTOG
BTOG
1.3× larger
BTOG
$2.9M
$2.2M
AL

Income Statement — Q3 FY2025 vs Q2 FY2024

Metric
AL
ALPS
BTOG
BTOG
Revenue
$2.2M
$2.9M
Net Profit
$-7.1M
Gross Margin
42.0%
Operating Margin
-54.2%
-233.8%
Net Margin
-244.4%
Revenue YoY
Net Profit YoY
EPS (diluted)
$-1.99

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

Balance Sheet & Financial Strength

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

Metric
AL
ALPS
BTOG
BTOG
Cash + ST InvestmentsLiquidity on hand
$6.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$9.0M
Total Assets
$13.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AL
ALPS
BTOG
BTOG
Q3 25
Q4 23
$6.9M
Stockholders' Equity
AL
ALPS
BTOG
BTOG
Q3 25
Q4 23
$9.0M
Total Assets
AL
ALPS
BTOG
BTOG
Q3 25
Q4 23
$13.5M

Cash Flow & Capital Efficiency

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

Metric
AL
ALPS
BTOG
BTOG
Operating Cash FlowLast quarter
$-731.7K
$-4.6M
Free Cash FlowOCF − Capex
$-804.3K
FCF MarginFCF / Revenue
-36.6%
Capex IntensityCapex / Revenue
3.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AL
ALPS
BTOG
BTOG
Q3 25
$-731.7K
Q4 23
$-4.6M
Free Cash Flow
AL
ALPS
BTOG
BTOG
Q3 25
$-804.3K
Q4 23
FCF Margin
AL
ALPS
BTOG
BTOG
Q3 25
-36.6%
Q4 23
Capex Intensity
AL
ALPS
BTOG
BTOG
Q3 25
3.3%
Q4 23

Financial Flow Comparison

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

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