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Side-by-side financial comparison of Amalgamated Financial Corp. (AMAL) and GCL Global Holdings Ltd (GCL). Click either name above to swap in a different company.

GCL Global Holdings Ltd is the larger business by last-quarter revenue ($98.7M vs $85.2M, roughly 1.2× Amalgamated Financial Corp.). Amalgamated Financial Corp. produced more free cash flow last quarter ($134.4M vs $-5.2M).

CI Financial is a Canadian investment management company based in Toronto, Ontario. It offers investment management and wealth management services targeted to high net worth retail investors, as well as brokerage and trading services to portfolio managers and institutional investors.

GCL Global Holdings Ltd is a leading clean energy enterprise focusing on R&D, production and operation of photovoltaic products, energy storage systems and low-carbon energy solutions. Its main markets cover Asia, Europe, North America, serving utility, commercial and residential distributed energy users across the globe.

AMAL vs GCL — Head-to-Head

Bigger by revenue
GCL
GCL
1.2× larger
GCL
$98.7M
$85.2M
AMAL
More free cash flow
AMAL
AMAL
$139.6M more FCF
AMAL
$134.4M
$-5.2M
GCL

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
AMAL
AMAL
GCL
GCL
Revenue
$85.2M
$98.7M
Net Profit
$-5.1M
Gross Margin
11.0%
Operating Margin
39.0%
-6.7%
Net Margin
-5.2%
Revenue YoY
9.4%
Net Profit YoY
EPS (diluted)
$0.88
$-0.04

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
AMAL
AMAL
GCL
GCL
Q4 25
$85.2M
Q3 25
$85.6M
$98.7M
Q2 25
$80.9M
$142.1M
Q1 25
$77.0M
Q4 24
$77.9M
Q3 24
$81.0M
$36.1M
Q2 24
$78.5M
Q1 24
$78.3M
Net Profit
AMAL
AMAL
GCL
GCL
Q4 25
Q3 25
$26.8M
$-5.1M
Q2 25
$26.0M
$5.6M
Q1 25
$25.0M
Q4 24
Q3 24
$27.9M
$-1.9M
Q2 24
$26.8M
Q1 24
$27.2M
Gross Margin
AMAL
AMAL
GCL
GCL
Q4 25
Q3 25
11.0%
Q2 25
15.0%
Q1 25
Q4 24
Q3 24
16.2%
Q2 24
Q1 24
Operating Margin
AMAL
AMAL
GCL
GCL
Q4 25
39.0%
Q3 25
42.9%
-6.7%
Q2 25
43.8%
2.3%
Q1 25
45.1%
Q4 24
42.4%
Q3 24
47.2%
-5.6%
Q2 24
45.6%
Q1 24
49.2%
Net Margin
AMAL
AMAL
GCL
GCL
Q4 25
Q3 25
31.3%
-5.2%
Q2 25
32.1%
3.9%
Q1 25
32.5%
Q4 24
Q3 24
34.5%
-5.2%
Q2 24
34.1%
Q1 24
34.8%
EPS (diluted)
AMAL
AMAL
GCL
GCL
Q4 25
$0.88
Q3 25
$0.88
$-0.04
Q2 25
$0.84
$0.05
Q1 25
$0.81
Q4 24
$0.78
Q3 24
$0.90
Q2 24
$0.87
Q1 24
$0.89

Balance Sheet & Financial Strength

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

Metric
AMAL
AMAL
GCL
GCL
Cash + ST InvestmentsLiquidity on hand
$291.2M
$16.6M
Total DebtLower is stronger
$52.0M
Stockholders' EquityBook value
$794.5M
$33.1M
Total Assets
$8.9B
$159.9M
Debt / EquityLower = less leverage
1.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMAL
AMAL
GCL
GCL
Q4 25
$291.2M
Q3 25
$115.5M
$16.6M
Q2 25
$171.1M
$18.2M
Q1 25
$65.7M
Q4 24
$60.7M
Q3 24
$149.2M
$2.7M
Q2 24
$58.0M
Q1 24
$155.2M
Total Debt
AMAL
AMAL
GCL
GCL
Q4 25
Q3 25
$52.0M
Q2 25
$11.9M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
AMAL
AMAL
GCL
GCL
Q4 25
$794.5M
Q3 25
$775.6M
$33.1M
Q2 25
$754.0M
$35.9M
Q1 25
$736.0M
Q4 24
$707.7M
Q3 24
$698.2M
$15.9M
Q2 24
$646.0M
Q1 24
$616.8M
Total Assets
AMAL
AMAL
GCL
GCL
Q4 25
$8.9B
Q3 25
$8.7B
$159.9M
Q2 25
$8.6B
$101.6M
Q1 25
$8.3B
Q4 24
$8.3B
Q3 24
$8.4B
$49.6M
Q2 24
$8.3B
Q1 24
$8.1B
Debt / Equity
AMAL
AMAL
GCL
GCL
Q4 25
Q3 25
1.57×
Q2 25
0.33×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
AMAL
AMAL
GCL
GCL
Operating Cash FlowLast quarter
$135.8M
$-4.8M
Free Cash FlowOCF − Capex
$134.4M
$-5.2M
FCF MarginFCF / Revenue
157.8%
-5.3%
Capex IntensityCapex / Revenue
1.6%
0.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$229.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMAL
AMAL
GCL
GCL
Q4 25
$135.8M
Q3 25
$39.5M
$-4.8M
Q2 25
$24.9M
$-10.3M
Q1 25
$34.2M
Q4 24
$124.1M
Q3 24
$35.8M
$6.1M
Q2 24
$28.0M
Q1 24
$31.3M
Free Cash Flow
AMAL
AMAL
GCL
GCL
Q4 25
$134.4M
Q3 25
$38.3M
$-5.2M
Q2 25
$24.2M
$-10.5M
Q1 25
$32.5M
Q4 24
$122.3M
Q3 24
$35.2M
Q2 24
$27.8M
Q1 24
$31.1M
FCF Margin
AMAL
AMAL
GCL
GCL
Q4 25
157.8%
Q3 25
44.7%
-5.3%
Q2 25
29.9%
-7.4%
Q1 25
42.2%
Q4 24
157.0%
Q3 24
43.4%
Q2 24
35.4%
Q1 24
39.7%
Capex Intensity
AMAL
AMAL
GCL
GCL
Q4 25
1.6%
Q3 25
1.4%
0.4%
Q2 25
0.9%
0.1%
Q1 25
2.3%
Q4 24
2.3%
Q3 24
0.7%
Q2 24
0.3%
Q1 24
0.3%
Cash Conversion
AMAL
AMAL
GCL
GCL
Q4 25
Q3 25
1.47×
Q2 25
0.96×
-1.84×
Q1 25
1.37×
Q4 24
Q3 24
1.28×
Q2 24
1.05×
Q1 24
1.15×

Financial Flow Comparison

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

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