vs

Side-by-side financial comparison of ASIA PACIFIC WIRE & CABLE CORP LTD (APWC) and FTAI Infrastructure Inc. (FIP). 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 $143.5M, roughly 1.6× FTAI Infrastructure 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.

FTAI Infrastructure Inc. owns, operates and invests in high-quality critical infrastructure assets across core sectors including transportation logistics, midstream energy, and power generation. It primarily serves North American markets, focusing on assets with stable long-term cash flows, contracted revenue streams, and strong market positions to deliver sustainable returns for stakeholders.

APWC vs FIP — Head-to-Head

Bigger by revenue
APWC
APWC
1.6× larger
APWC
$225.3M
$143.5M
FIP

Income Statement — Q2 FY2022 vs Q4 FY2025

Metric
APWC
APWC
FIP
FIP
Revenue
$225.3M
$143.5M
Net Profit
$-97.7M
Gross Margin
7.9%
Operating Margin
2.2%
-45.7%
Net Margin
-68.1%
Revenue YoY
77.7%
Net Profit YoY
21.6%
EPS (diluted)
$-1.04

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
APWC
APWC
FIP
FIP
Q4 25
$143.5M
Q3 25
$140.6M
Q2 25
$122.3M
Q1 25
$96.2M
Q4 24
$80.8M
Q3 24
$83.3M
Q2 24
$84.9M
Q1 24
$82.5M
Net Profit
APWC
APWC
FIP
FIP
Q4 25
$-97.7M
Q3 25
$-104.5M
Q2 25
$-70.0M
Q1 25
$120.2M
Q4 24
$-124.7M
Q3 24
$-43.0M
Q2 24
$-48.1M
Q1 24
$-50.3M
Operating Margin
APWC
APWC
FIP
FIP
Q4 25
-45.7%
Q3 25
-70.8%
Q2 25
-56.4%
Q1 25
81.8%
Q4 24
-152.7%
Q3 24
-51.7%
Q2 24
-56.4%
Q1 24
-58.8%
Net Margin
APWC
APWC
FIP
FIP
Q4 25
-68.1%
Q3 25
-74.4%
Q2 25
-57.2%
Q1 25
125.0%
Q4 24
-154.4%
Q3 24
-51.6%
Q2 24
-56.7%
Q1 24
-60.9%
EPS (diluted)
APWC
APWC
FIP
FIP
Q4 25
$-1.04
Q3 25
$-1.38
Q2 25
$-0.73
Q1 25
$0.89
Q4 24
$-1.21
Q3 24
$-0.45
Q2 24
$-0.52
Q1 24
$-0.54

Balance Sheet & Financial Strength

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

Metric
APWC
APWC
FIP
FIP
Cash + ST InvestmentsLiquidity on hand
$57.4M
Total DebtLower is stronger
$3.8B
Stockholders' EquityBook value
$21.3M
Total Assets
$5.7B
Debt / EquityLower = less leverage
176.99×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APWC
APWC
FIP
FIP
Q4 25
$57.4M
Q3 25
$34.7M
Q2 25
$33.6M
Q1 25
$26.3M
Q4 24
$27.8M
Q3 24
$20.3M
Q2 24
$33.1M
Q1 24
$23.0M
Total Debt
APWC
APWC
FIP
FIP
Q4 25
$3.8B
Q3 25
$3.7B
Q2 25
$3.1B
Q1 25
$2.8B
Q4 24
$1.6B
Q3 24
$1.5B
Q2 24
$1.6B
Q1 24
$1.3B
Stockholders' Equity
APWC
APWC
FIP
FIP
Q4 25
$21.3M
Q3 25
$181.1M
Q2 25
$375.5M
Q1 25
$476.2M
Q4 24
$202.7M
Q3 24
$370.8M
Q2 24
$394.8M
Q1 24
$402.5M
Total Assets
APWC
APWC
FIP
FIP
Q4 25
$5.7B
Q3 25
$5.5B
Q2 25
$4.4B
Q1 25
$4.1B
Q4 24
$2.4B
Q3 24
$2.4B
Q2 24
$2.5B
Q1 24
$2.3B
Debt / Equity
APWC
APWC
FIP
FIP
Q4 25
176.99×
Q3 25
20.59×
Q2 25
8.21×
Q1 25
5.79×
Q4 24
7.84×
Q3 24
4.14×
Q2 24
3.94×
Q1 24
3.34×

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
FIP
FIP
Operating Cash FlowLast quarter
$-2.8M
Free Cash FlowOCF − Capex
$-68.6M
FCF MarginFCF / Revenue
-47.8%
Capex IntensityCapex / Revenue
45.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-398.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APWC
APWC
FIP
FIP
Q4 25
$-2.8M
Q3 25
$-24.4M
Q2 25
$-5.2M
Q1 25
$-85.7M
Q4 24
$-8.1M
Q3 24
$14.2M
Q2 24
$-17.6M
Q1 24
$-3.9M
Free Cash Flow
APWC
APWC
FIP
FIP
Q4 25
$-68.6M
Q3 25
$-90.7M
Q2 25
$-87.5M
Q1 25
$-151.7M
Q4 24
$-34.3M
Q3 24
$-11.7M
Q2 24
$-32.1M
Q1 24
$-16.7M
FCF Margin
APWC
APWC
FIP
FIP
Q4 25
-47.8%
Q3 25
-64.5%
Q2 25
-71.6%
Q1 25
-157.7%
Q4 24
-42.4%
Q3 24
-14.0%
Q2 24
-37.9%
Q1 24
-20.3%
Capex Intensity
APWC
APWC
FIP
FIP
Q4 25
45.9%
Q3 25
47.2%
Q2 25
67.3%
Q1 25
68.6%
Q4 24
32.5%
Q3 24
31.1%
Q2 24
17.2%
Q1 24
15.6%
Cash Conversion
APWC
APWC
FIP
FIP
Q4 25
Q3 25
Q2 25
Q1 25
-0.71×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

APWC
APWC

Segment breakdown not available.

FIP
FIP

Power Revenues$45.9M32%
Rail Revenue$44.6M31%
Service Other$22.8M16%
Gas Revenues$15.3M11%
Roadside Services Revenues$11.5M8%
Rapauno$1.2M1%

Related Comparisons