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Side-by-side financial comparison of Amesite Inc. (AMST) and Aether Holdings, Inc. (ATHR). Click either name above to swap in a different company.

Aether Holdings, Inc. is the larger business by last-quarter revenue ($338.8K vs $108.0K, roughly 3.1× Amesite Inc.). Aether Holdings, Inc. runs the higher net margin — -382.9% vs -678.0%, a 295.1% gap on every dollar of revenue. On growth, Amesite Inc. posted the faster year-over-year revenue change (746.8% vs -0.9%).

Amesite Inc is a US-based edtech firm that develops and delivers AI-powered cloud learning management systems and customized online learning solutions. Its core offerings cater to higher education institutions, corporate clients, and government organizations, enabling scalable, personalized upskilling, professional training, and academic course delivery across North America.

Aether Industries Limited is an Indian chemical manufacturing company based in Surat, Gujarat. The company specializes in producing advanced intermediates and specialty chemicals for various industries, including pharmaceuticals, agrochemicals, material sciences, and oil and gas.

AMST vs ATHR — Head-to-Head

Bigger by revenue
ATHR
ATHR
3.1× larger
ATHR
$338.8K
$108.0K
AMST
Growing faster (revenue YoY)
AMST
AMST
+747.7% gap
AMST
746.8%
-0.9%
ATHR
Higher net margin
ATHR
ATHR
295.1% more per $
ATHR
-382.9%
-678.0%
AMST

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
AMST
AMST
ATHR
ATHR
Revenue
$108.0K
$338.8K
Net Profit
$-732.5K
$-1.3M
Gross Margin
80.4%
Operating Margin
-689.7%
-382.9%
Net Margin
-678.0%
-382.9%
Revenue YoY
746.8%
-0.9%
Net Profit YoY
34.7%
-232.5%
EPS (diluted)
$-0.16
$-0.11

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
AMST
AMST
ATHR
ATHR
Q4 25
$108.0K
$338.8K
Q3 25
$94.3K
Q2 25
$55.8K
$342.4K
Q1 25
$341.9K
Q4 23
$41.4K
Q3 23
$63.3K
Q2 23
$123.0K
Q1 23
$204.6K
Net Profit
AMST
AMST
ATHR
ATHR
Q4 25
$-732.5K
$-1.3M
Q3 25
$-642.3K
Q2 25
$-924.0K
$-1.0M
Q1 25
$-427.4K
Q4 23
$-905.6K
Q3 23
$-890.7K
Q2 23
$-948.5K
Q1 23
$-928.0K
Gross Margin
AMST
AMST
ATHR
ATHR
Q4 25
80.4%
Q3 25
Q2 25
69.9%
Q1 25
67.9%
Q4 23
Q3 23
Q2 23
Q1 23
Operating Margin
AMST
AMST
ATHR
ATHR
Q4 25
-689.7%
-382.9%
Q3 25
-702.2%
Q2 25
-1538.2%
-293.7%
Q1 25
-112.6%
Q4 23
-2307.0%
Q3 23
-1500.0%
Q2 23
-800.6%
Q1 23
-462.1%
Net Margin
AMST
AMST
ATHR
ATHR
Q4 25
-678.0%
-382.9%
Q3 25
-681.1%
Q2 25
-1657.1%
-293.7%
Q1 25
-125.0%
Q4 23
-2185.2%
Q3 23
-1406.4%
Q2 23
-771.1%
Q1 23
-453.6%
EPS (diluted)
AMST
AMST
ATHR
ATHR
Q4 25
$-0.16
$-0.11
Q3 25
$-0.14
Q2 25
$-0.13
$-0.08
Q1 25
$-0.04
Q4 23
$-0.36
Q3 23
$-0.35
Q2 23
$-0.34
Q1 23
$-0.37

Balance Sheet & Financial Strength

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

Metric
AMST
AMST
ATHR
ATHR
Cash + ST InvestmentsLiquidity on hand
$1.2M
$263.3K
Total DebtLower is stronger
Stockholders' EquityBook value
$1.5M
$3.4M
Total Assets
$2.0M
$4.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMST
AMST
ATHR
ATHR
Q4 25
$1.2M
$263.3K
Q3 25
$1.8M
Q2 25
$2.3M
$187.4K
Q1 25
$179.2K
Q4 23
$3.7M
Q3 23
$4.6M
Q2 23
$5.3M
Q1 23
Stockholders' Equity
AMST
AMST
ATHR
ATHR
Q4 25
$1.5M
$3.4M
Q3 25
$2.2M
Q2 25
$2.7M
$5.9M
Q1 25
$-596.3K
Q4 23
$4.4M
Q3 23
$5.2M
Q2 23
$6.1M
Q1 23
$7.0M
Total Assets
AMST
AMST
ATHR
ATHR
Q4 25
$2.0M
$4.0M
Q3 25
$2.6M
Q2 25
$3.1M
$6.5M
Q1 25
$367.8K
Q4 23
$4.6M
Q3 23
$5.5M
Q2 23
$6.3M
Q1 23

Cash Flow & Capital Efficiency

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

Metric
AMST
AMST
ATHR
ATHR
Operating Cash FlowLast quarter
$-621.1K
$-1.0M
Free Cash FlowOCF − Capex
$-2.2M
FCF MarginFCF / Revenue
-642.5%
Capex IntensityCapex / Revenue
344.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMST
AMST
ATHR
ATHR
Q4 25
$-621.1K
$-1.0M
Q3 25
$-415.8K
Q2 25
$-439.4K
$-2.0M
Q1 25
Q4 23
$-919.1K
Q3 23
$-658.8K
Q2 23
$-665.7K
Q1 23
$-746.9K
Free Cash Flow
AMST
AMST
ATHR
ATHR
Q4 25
$-2.2M
Q3 25
Q2 25
Q1 25
Q4 23
Q3 23
Q2 23
$-687.3K
Q1 23
$-749.6K
FCF Margin
AMST
AMST
ATHR
ATHR
Q4 25
-642.5%
Q3 25
Q2 25
Q1 25
Q4 23
Q3 23
Q2 23
-558.7%
Q1 23
-366.4%
Capex Intensity
AMST
AMST
ATHR
ATHR
Q4 25
344.9%
Q3 25
Q2 25
Q1 25
Q4 23
Q3 23
Q2 23
17.5%
Q1 23
1.3%

Financial Flow Comparison

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

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