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Side-by-side financial comparison of AmpliTech Group, Inc. (AMPG) and SWK Holdings Corp (SWKH). Click either name above to swap in a different company.
SWK Holdings Corp is the larger business by last-quarter revenue ($8.7M vs $4.5M, roughly 1.9× AmpliTech Group, Inc.). On growth, AmpliTech Group, Inc. posted the faster year-over-year revenue change (141.6% vs -29.7%). SWK Holdings Corp produced more free cash flow last quarter ($26.8M vs $-3.5M). Over the past eight quarters, AmpliTech Group, Inc.'s revenue compounded faster (39.7% CAGR vs -12.5%).
Ampli Energy is a South African company providing a renewable energy trading platform that uses a wheeling process to deliver green energy to consumers.
SWK Holdings Corp is a specialty finance firm focused on the healthcare and life sciences sectors. It provides tailored financing solutions including royalty monetization, structured debt, and asset-backed lending to biotech, pharmaceutical, medical device and diagnostic companies, with its core market centered in North America.
AMPG vs SWKH — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $4.5M | $8.7M |
| Net Profit | $-3.2M | $-19.4M |
| Gross Margin | 22.8% | — |
| Operating Margin | -73.3% | 9.9% |
| Net Margin | -71.6% | — |
| Revenue YoY | 141.6% | -29.7% |
| Net Profit YoY | 16.1% | -430.2% |
| EPS (diluted) | $-0.14 | $-1.59 |
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.
| Q4 25 | $4.5M | $8.7M | ||
| Q3 25 | $6.1M | $10.9M | ||
| Q2 25 | $11.0M | $10.1M | ||
| Q1 25 | $3.6M | $11.8M | ||
| Q4 24 | $1.9M | $12.4M | ||
| Q3 24 | $2.8M | $10.4M | ||
| Q2 24 | $2.5M | $10.8M | ||
| Q1 24 | $2.3M | $11.4M |
| Q4 25 | $-3.2M | $-19.4M | ||
| Q3 25 | $-188.4K | $8.8M | ||
| Q2 25 | $-1.8M | $3.5M | ||
| Q1 25 | $-1.8M | $4.5M | ||
| Q4 24 | $-3.8M | $5.9M | ||
| Q3 24 | $-1.2M | $3.5M | ||
| Q2 24 | $-1.6M | $3.7M | ||
| Q1 24 | $-4.7M | $468.0K |
| 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% | — |
| Q4 25 | -73.3% | 9.9% | ||
| Q3 25 | -3.6% | 61.3% | ||
| Q2 25 | -17.5% | 46.1% | ||
| Q1 25 | -52.5% | 68.6% | ||
| Q4 24 | -234.5% | 44.7% | ||
| Q3 24 | -38.4% | 39.2% | ||
| Q2 24 | -62.0% | 8.3% | ||
| Q1 24 | -62.3% | 9.5% |
| Q4 25 | -71.6% | — | ||
| Q3 25 | -3.1% | 80.7% | ||
| Q2 25 | -16.1% | 35.2% | ||
| Q1 25 | -51.1% | 38.4% | ||
| Q4 24 | -206.2% | 47.5% | ||
| Q3 24 | -42.0% | 33.3% | ||
| Q2 24 | -62.4% | 33.9% | ||
| Q1 24 | -203.0% | 4.1% |
| Q4 25 | $-0.14 | $-1.59 | ||
| Q3 25 | $-0.01 | $0.72 | ||
| Q2 25 | $-0.09 | $0.29 | ||
| Q1 25 | $-0.09 | $0.37 | ||
| Q4 24 | $-0.28 | $0.47 | ||
| Q3 24 | $-0.12 | $0.28 | ||
| Q2 24 | $-0.16 | $0.30 | ||
| Q1 24 | $-0.48 | $0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $5.0M | $42.8M |
| Total DebtLower is stronger | — | $33.0M |
| Stockholders' EquityBook value | $32.9M | $235.1M |
| Total Assets | $51.5M | $272.4M |
| Debt / EquityLower = less leverage | — | 0.14× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $5.0M | $42.8M | ||
| Q3 25 | $8.4M | $10.2M | ||
| Q2 25 | $11.1M | $8.0M | ||
| Q1 25 | $16.9M | $29.8M | ||
| Q4 24 | $19.3M | $5.9M | ||
| Q3 24 | $1.1M | $17.2M | ||
| Q2 24 | $1.0M | $5.5M | ||
| Q1 24 | $2.4M | $5.5M |
| Q4 25 | — | $33.0M | ||
| Q3 25 | — | $33.0M | ||
| Q2 25 | — | $33.0M | ||
| Q1 25 | — | $33.0M | ||
| Q4 24 | — | $33.0M | ||
| Q3 24 | $1.1M | $33.0M | ||
| Q2 24 | $36.4K | $33.0M | ||
| Q1 24 | $63.2K | $33.0M |
| Q4 25 | $32.9M | $235.1M | ||
| Q3 25 | $35.8M | $254.2M | ||
| Q2 25 | $35.8M | $246.5M | ||
| Q1 25 | $35.8M | $292.7M | ||
| Q4 24 | $37.5M | $288.7M | ||
| Q3 24 | $20.4M | $283.4M | ||
| Q2 24 | $20.7M | $282.8M | ||
| Q1 24 | $22.2M | $279.9M |
| Q4 25 | $51.5M | $272.4M | ||
| Q3 25 | $47.2M | $289.4M | ||
| Q2 25 | $48.6M | $285.7M | ||
| Q1 25 | $42.1M | $331.3M | ||
| Q4 24 | $43.2M | $332.2M | ||
| Q3 24 | $27.5M | $321.3M | ||
| Q2 24 | $25.4M | $321.0M | ||
| Q1 24 | $26.9M | $322.0M |
| Q4 25 | — | 0.14× | ||
| Q3 25 | — | 0.13× | ||
| Q2 25 | — | 0.13× | ||
| Q1 25 | — | 0.11× | ||
| Q4 24 | — | 0.11× | ||
| Q3 24 | 0.06× | 0.12× | ||
| Q2 24 | 0.00× | 0.12× | ||
| Q1 24 | 0.00× | 0.12× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-3.4M | $27.3M |
| Free Cash FlowOCF − Capex | $-3.5M | $26.8M |
| FCF MarginFCF / Revenue | -78.4% | 308.1% |
| Capex IntensityCapex / Revenue | 1.9% | 5.9% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-9.7M | $43.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-3.4M | $27.3M | ||
| Q3 25 | $-999.4K | $906.0K | ||
| Q2 25 | $-2.3M | $7.8M | ||
| Q1 25 | $-2.0M | $8.3M | ||
| Q4 24 | $-1.2M | $23.0M | ||
| Q3 24 | $-1.7M | $6.3M | ||
| Q2 24 | $-1.3M | $5.4M | ||
| Q1 24 | $-1.1M | $4.4M |
| Q4 25 | $-3.5M | $26.8M | ||
| Q3 25 | $-1.4M | $557.0K | ||
| Q2 25 | $-2.4M | $7.7M | ||
| Q1 25 | $-2.4M | $8.2M | ||
| Q4 24 | $-1.2M | $22.9M | ||
| Q3 24 | $-1.7M | $6.3M | ||
| Q2 24 | $-1.3M | $5.4M | ||
| Q1 24 | $-1.1M | — |
| Q4 25 | -78.4% | 308.1% | ||
| Q3 25 | -23.7% | 5.1% | ||
| Q2 25 | -21.6% | 77.0% | ||
| Q1 25 | -65.8% | 69.1% | ||
| Q4 24 | -63.9% | 185.3% | ||
| Q3 24 | -61.6% | 60.4% | ||
| Q2 24 | -52.7% | 49.7% | ||
| Q1 24 | -47.0% | — |
| Q4 25 | 1.9% | 5.9% | ||
| Q3 25 | 7.3% | 3.2% | ||
| Q2 25 | 1.1% | 0.6% | ||
| Q1 25 | 10.0% | 0.8% | ||
| Q4 24 | 0.9% | 1.1% | ||
| Q3 24 | 0.4% | 0.3% | ||
| Q2 24 | 0.5% | 0.2% | ||
| Q1 24 | 0.1% | 0.0% |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.10× | ||
| Q2 25 | — | 2.21× | ||
| Q1 25 | — | 1.82× | ||
| Q4 24 | — | 3.93× | ||
| Q3 24 | — | 1.82× | ||
| Q2 24 | — | 1.47× | ||
| Q1 24 | — | 9.47× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AMPG
| Other | $2.7M | 60% |
| Distribution | $1.8M | 40% |
SWKH
| Finance Receivables Segment | $8.4M | 96% |
| Other | $329.0K | 4% |
