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Side-by-side financial comparison of ASIA PACIFIC WIRE & CABLE CORP LTD (APWC) and CLEANSPARK, INC. (CLSK). Click either name above to swap in a different company.

ASIA PACIFIC WIRE & CABLE CORP LTD is the larger business by last-quarter revenue ($225.3M vs $181.2M, roughly 1.2× CLEANSPARK, INC.).

Disney Networks Group Asia Pacific was a Hong Kong–based commercial broadcasting company operating multiple specialty television channels. The company was founded in 1991 by Hong Kong - Canadian businessman Richard Li.

CleanSpark, Inc. is a U.S.-headquartered sustainable technology company operating two core business segments: low-carbon Bitcoin mining powered primarily by renewable and stranded energy resources, and end-to-end microgrid design, deployment, and operation services for commercial, industrial, and public sector clients across North America.

APWC vs CLSK — Head-to-Head

Bigger by revenue
APWC
APWC
1.2× larger
APWC
$225.3M
$181.2M
CLSK

Income Statement — Q2 FY2022 vs Q1 FY2026

Metric
APWC
APWC
CLSK
CLSK
Revenue
$225.3M
$181.2M
Net Profit
$-378.7M
Gross Margin
7.9%
47.2%
Operating Margin
2.2%
-174.7%
Net Margin
-209.0%
Revenue YoY
11.6%
Net Profit YoY
-253.5%
EPS (diluted)

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
APWC
APWC
CLSK
CLSK
Q4 25
$181.2M
Q3 24
$89.3M
Q2 24
$104.1M
Q1 24
$111.8M
Q4 23
$73.8M
Q3 23
$52.5M
Q2 23
$45.5M
Q1 23
$42.5M
Net Profit
APWC
APWC
CLSK
CLSK
Q4 25
$-378.7M
Q3 24
$-62.2M
Q2 24
$-236.2M
Q1 24
$126.7M
Q4 23
$25.9M
Q3 23
$-76.4M
Q2 23
$-14.2M
Q1 23
$-18.5M
Gross Margin
APWC
APWC
CLSK
CLSK
Q4 25
47.2%
Q3 24
36.0%
Q2 24
56.6%
Q1 24
69.3%
Q4 23
60.8%
Q3 23
42.1%
Q2 23
54.6%
Q1 23
48.1%
Operating Margin
APWC
APWC
CLSK
CLSK
Q4 25
-174.7%
Q3 24
-73.5%
Q2 24
-239.2%
Q1 24
Q4 23
38.6%
Q3 23
-131.5%
Q2 23
-34.2%
Q1 23
-41.1%
Net Margin
APWC
APWC
CLSK
CLSK
Q4 25
-209.0%
Q3 24
-69.6%
Q2 24
-226.9%
Q1 24
113.4%
Q4 23
35.1%
Q3 23
-145.5%
Q2 23
-31.2%
Q1 23
-43.4%

Balance Sheet & Financial Strength

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

Metric
APWC
APWC
CLSK
CLSK
Cash + ST InvestmentsLiquidity on hand
$458.1M
Total DebtLower is stronger
$1.8B
Stockholders' EquityBook value
$1.4B
Total Assets
$3.3B
Debt / EquityLower = less leverage
1.29×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APWC
APWC
CLSK
CLSK
Q4 25
$458.1M
Q3 24
$121.2M
Q2 24
$126.1M
Q1 24
Q4 23
$48.5M
Q3 23
$29.2M
Q2 23
$21.8M
Q1 23
$10.3M
Total Debt
APWC
APWC
CLSK
CLSK
Q4 25
$1.8B
Q3 24
$7.2M
Q2 24
$1.3M
Q1 24
$5.1M
Q4 23
$7.0M
Q3 23
$8.9M
Q2 23
$10.8M
Q1 23
$10.4M
Stockholders' Equity
APWC
APWC
CLSK
CLSK
Q4 25
$1.4B
Q3 24
$1.8B
Q2 24
$1.4B
Q1 24
$1.5B
Q4 23
$809.0M
Q3 23
$675.7M
Q2 23
$603.6M
Q1 23
$473.9M
Total Assets
APWC
APWC
CLSK
CLSK
Q4 25
$3.3B
Q3 24
$2.0B
Q2 24
$1.5B
Q1 24
$1.5B
Q4 23
$862.7M
Q3 23
$761.6M
Q2 23
$652.8M
Q1 23
$531.6M
Debt / Equity
APWC
APWC
CLSK
CLSK
Q4 25
1.29×
Q3 24
0.00×
Q2 24
0.00×
Q1 24
0.00×
Q4 23
0.01×
Q3 23
0.01×
Q2 23
0.02×
Q1 23
0.02×

Cash Flow & Capital Efficiency

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

Metric
APWC
APWC
CLSK
CLSK
Operating Cash FlowLast quarter
$-161.1M
Free Cash FlowOCF − Capex
$-198.1M
FCF MarginFCF / Revenue
-109.3%
Capex IntensityCapex / Revenue
20.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-626.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APWC
APWC
CLSK
CLSK
Q4 25
$-161.1M
Q3 24
$-233.7M
Q2 24
$-58.4M
Q1 24
$-44.8M
Q4 23
$-47.7M
Q3 23
$-34.9M
Q2 23
$5.8M
Q1 23
$6.8M
Free Cash Flow
APWC
APWC
CLSK
CLSK
Q4 25
$-198.1M
Q3 24
$-299.8M
Q2 24
$-68.7M
Q1 24
$-60.3M
Q4 23
$-75.2M
Q3 23
$-53.8M
Q2 23
$-15.1M
Q1 23
$-10.1M
FCF Margin
APWC
APWC
CLSK
CLSK
Q4 25
-109.3%
Q3 24
-335.8%
Q2 24
-66.0%
Q1 24
-54.0%
Q4 23
-101.9%
Q3 23
-102.3%
Q2 23
-33.1%
Q1 23
-23.6%
Capex Intensity
APWC
APWC
CLSK
CLSK
Q4 25
20.4%
Q3 24
74.0%
Q2 24
9.9%
Q1 24
13.8%
Q4 23
37.3%
Q3 23
35.8%
Q2 23
45.8%
Q1 23
39.5%
Cash Conversion
APWC
APWC
CLSK
CLSK
Q4 25
Q3 24
Q2 24
Q1 24
-0.35×
Q4 23
-1.84×
Q3 23
Q2 23
Q1 23

Financial Flow Comparison

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

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