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Side-by-side financial comparison of AEMETIS, INC (AMTX) and WM TECHNOLOGY, INC. (MAPS). Click either name above to swap in a different company.
AEMETIS, INC is the larger business by last-quarter revenue ($43.3M vs $43.1M, roughly 1.0× WM TECHNOLOGY, INC.). On growth, AEMETIS, INC posted the faster year-over-year revenue change (-7.9% vs -9.7%). WM TECHNOLOGY, INC. produced more free cash flow last quarter ($-280.0K vs $-10.8M). Over the past eight quarters, WM TECHNOLOGY, INC.'s revenue compounded faster (-1.5% CAGR vs -22.8%).
Aemetis, Inc. is a renewable fuels and sustainable biochemicals producer operating across North America and India. Its core products include low-carbon ethanol, renewable natural gas and biodiesel, serving transportation, industrial and agricultural sectors with decarbonization solutions for commercial clients.
WM Entertainment is a South Korean entertainment company established in 2008 by former singer Lee Won-min. The company is responsible for managing artist Oh My Girl. On April 7, 2021, the company was acquired by RBW.
AMTX vs MAPS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $43.3M | $43.1M |
| Net Profit | — | $-3.6M |
| Gross Margin | 17.8% | 94.9% |
| Operating Margin | -5.7% | -13.5% |
| Net Margin | — | -8.3% |
| Revenue YoY | -7.9% | -9.7% |
| Net Profit YoY | — | -251.9% |
| EPS (diluted) | $-0.03 | — |
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 | $43.3M | $43.1M | ||
| Q3 25 | $59.2M | $42.2M | ||
| Q2 25 | $52.2M | $44.8M | ||
| Q1 25 | $42.9M | $44.6M | ||
| Q4 24 | $47.0M | $47.7M | ||
| Q3 24 | $81.4M | $46.6M | ||
| Q2 24 | $66.6M | $45.9M | ||
| Q1 24 | $72.6M | $44.4M |
| Q4 25 | — | $-3.6M | ||
| Q3 25 | $-23.7M | $2.5M | ||
| Q2 25 | $-23.4M | $1.4M | ||
| Q1 25 | $-24.5M | $1.6M | ||
| Q4 24 | — | $2.4M | ||
| Q3 24 | $-17.9M | $3.3M | ||
| Q2 24 | $-29.2M | $716.0K | ||
| Q1 24 | $-24.2M | $1.2M |
| Q4 25 | 17.8% | 94.9% | ||
| Q3 25 | -0.1% | 95.0% | ||
| Q2 25 | -6.4% | 94.9% | ||
| Q1 25 | -11.8% | 95.0% | ||
| Q4 24 | -4.3% | 95.2% | ||
| Q3 24 | 4.8% | 95.3% | ||
| Q2 24 | -2.7% | 95.1% | ||
| Q1 24 | -0.8% | 94.8% |
| Q4 25 | -5.7% | -13.5% | ||
| Q3 25 | -14.4% | 4.6% | ||
| Q2 25 | -20.4% | 4.4% | ||
| Q1 25 | -36.3% | 5.9% | ||
| Q4 24 | -28.7% | 9.6% | ||
| Q3 24 | -4.8% | 11.2% | ||
| Q2 24 | -20.4% | 2.7% | ||
| Q1 24 | -13.0% | 8.5% |
| Q4 25 | — | -8.3% | ||
| Q3 25 | -40.1% | 5.8% | ||
| Q2 25 | -44.8% | 3.2% | ||
| Q1 25 | -57.2% | 3.7% | ||
| Q4 24 | — | 4.9% | ||
| Q3 24 | -22.0% | 7.2% | ||
| Q2 24 | -43.8% | 1.6% | ||
| Q1 24 | -33.4% | 2.8% |
| Q4 25 | $-0.03 | — | ||
| Q3 25 | $-0.37 | — | ||
| Q2 25 | $-0.41 | — | ||
| Q1 25 | $-0.47 | $0.02 | ||
| Q4 24 | $-0.29 | — | ||
| Q3 24 | $-0.38 | — | ||
| Q2 24 | $-0.66 | — | ||
| Q1 24 | $-0.58 | $0.01 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $4.9M | $62.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $-306.8M | $57.2M |
| Total Assets | $259.8M | $190.7M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.9M | $62.4M | ||
| Q3 25 | $5.6M | — | ||
| Q2 25 | $1.6M | — | ||
| Q1 25 | $499.0K | — | ||
| Q4 24 | $898.0K | $52.0M | ||
| Q3 24 | $296.0K | — | ||
| Q2 24 | $234.0K | — | ||
| Q1 24 | $1.6M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $338.1M | — | ||
| Q3 24 | $322.2M | — | ||
| Q2 24 | $309.0M | — | ||
| Q1 24 | $307.2M | — |
| Q4 25 | $-306.8M | $57.2M | ||
| Q3 25 | $-304.9M | $56.9M | ||
| Q2 25 | $-289.3M | $52.7M | ||
| Q1 25 | $-280.7M | $48.5M | ||
| Q4 24 | $-263.9M | $36.1M | ||
| Q3 24 | $-258.9M | $29.5M | ||
| Q2 24 | $-249.0M | $24.5M | ||
| Q1 24 | $-232.1M | $20.8M |
| Q4 25 | $259.8M | $190.7M | ||
| Q3 25 | $241.1M | $192.9M | ||
| Q2 25 | $240.0M | $188.1M | ||
| Q1 25 | $242.5M | $183.8M | ||
| Q4 24 | $259.3M | $181.9M | ||
| Q3 24 | $259.3M | $173.6M | ||
| Q2 24 | $259.3M | $168.0M | ||
| Q1 24 | $259.3M | $165.8M |
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 | $5.8M | $3.0M |
| Free Cash FlowOCF − Capex | $-10.8M | $-280.0K |
| FCF MarginFCF / Revenue | -24.9% | -0.7% |
| Capex IntensityCapex / Revenue | 38.2% | 7.7% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-22.7M | $13.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $5.8M | $3.0M | ||
| Q3 25 | $3.1M | $6.4M | ||
| Q2 25 | $-5.7M | $11.1M | ||
| Q1 25 | $160.0K | $5.7M | ||
| Q4 24 | $-12.6M | $9.4M | ||
| Q3 24 | $-5.0M | $7.2M | ||
| Q2 24 | $-5.1M | $12.7M | ||
| Q1 24 | $-10.3M | $7.4M |
| Q4 25 | $-10.8M | $-280.0K | ||
| Q3 25 | $-1.0M | $3.6M | ||
| Q2 25 | $-9.3M | $8.2M | ||
| Q1 25 | $-1.7M | $2.0M | ||
| Q4 24 | $-19.4M | $7.3M | ||
| Q3 24 | $-9.5M | $4.9M | ||
| Q2 24 | $-10.5M | $10.1M | ||
| Q1 24 | $-13.9M | $2.9M |
| Q4 25 | -24.9% | -0.7% | ||
| Q3 25 | -1.7% | 8.4% | ||
| Q2 25 | -17.7% | 18.3% | ||
| Q1 25 | -3.9% | 4.5% | ||
| Q4 24 | -41.2% | 15.2% | ||
| Q3 24 | -11.6% | 10.4% | ||
| Q2 24 | -15.8% | 21.9% | ||
| Q1 24 | -19.1% | 6.4% |
| Q4 25 | 38.2% | 7.7% | ||
| Q3 25 | 6.9% | 6.8% | ||
| Q2 25 | 6.7% | 6.3% | ||
| Q1 25 | 4.3% | 8.2% | ||
| Q4 24 | 14.4% | 4.5% | ||
| Q3 24 | 5.5% | 5.1% | ||
| Q2 24 | 8.1% | 5.7% | ||
| Q1 24 | 4.9% | 10.2% |
| Q4 25 | — | — | ||
| Q3 25 | — | 2.61× | ||
| Q2 25 | — | 7.75× | ||
| Q1 25 | — | 3.44× | ||
| Q4 24 | — | 4.00× | ||
| Q3 24 | — | 2.17× | ||
| Q2 24 | — | 17.67× | ||
| Q1 24 | — | 5.97× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AMTX
| Ethanol Sales | $28.8M | 66% |
| Wet Distillers Grains | $6.8M | 16% |
| California Dairy Renewable Natural Gas | $5.2M | 12% |
| Other | $1.8M | 4% |
MAPS
| Services | $39.5M | 92% |
| Other | $3.6M | 8% |
