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Side-by-side financial comparison of AQUABOUNTY TECHNOLOGIES INC (AQB) and TREASURE GLOBAL INC (TGL). Click either name above to swap in a different company.

TREASURE GLOBAL INC is the larger business by last-quarter revenue ($182.5K vs $180.2K, roughly 1.0× AQUABOUNTY TECHNOLOGIES INC). TREASURE GLOBAL INC runs the higher net margin — -1169.1% vs -28035.1%, a 26866.0% gap on every dollar of revenue. On growth, TREASURE GLOBAL INC posted the faster year-over-year revenue change (-12.0% vs -77.1%). TREASURE GLOBAL INC produced more free cash flow last quarter ($-2.4M vs $-5.2M). Over the past eight quarters, AQUABOUNTY TECHNOLOGIES INC's revenue compounded faster (-47.5% CAGR vs -83.5%).

AquaBounty Technologies is a biotechnology and aquaculture company based in Maynard, Massachusetts, United States. The company is notable for its research and development of genetically modified fish. It aims to create products that aim to increase the productivity of aquaculture. As of 2020, sale of the company's AquAdvantage salmon has been approved in Canada and the United States. The company sold all of its operating farms and ceased fish production in 2024.

Treasure Global Inc is a consumer technology company offering integrated digital commerce solutions, customer loyalty rewards programs, and cashless payment services. It primarily operates across Southeast Asian markets, serving individual users and small-to-medium enterprise clients.

AQB vs TGL — Head-to-Head

Bigger by revenue
TGL
TGL
1.0× larger
TGL
$182.5K
$180.2K
AQB
Growing faster (revenue YoY)
TGL
TGL
+65.2% gap
TGL
-12.0%
-77.1%
AQB
Higher net margin
TGL
TGL
26866.0% more per $
TGL
-1169.1%
-28035.1%
AQB
More free cash flow
TGL
TGL
$2.8M more FCF
TGL
$-2.4M
$-5.2M
AQB
Faster 2-yr revenue CAGR
AQB
AQB
Annualised
AQB
-47.5%
-83.5%
TGL

Income Statement — Q2 FY2024 vs Q1 FY2026

Metric
AQB
AQB
TGL
TGL
Revenue
$180.2K
$182.5K
Net Profit
$-50.5M
$-2.1M
Gross Margin
0.7%
Operating Margin
-16405.6%
-953.5%
Net Margin
-28035.1%
-1169.1%
Revenue YoY
-77.1%
-12.0%
Net Profit YoY
-676.1%
-124.5%
EPS (diluted)
$-13.08
$-0.38

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
AQB
AQB
TGL
TGL
Q3 25
$182.5K
Q2 25
$1.2M
Q1 25
$666.5K
Q4 24
$301.9K
Q3 24
$207.4K
Q2 24
$180.2K
$293.0K
Q1 24
$477.3K
$1.6M
Q4 23
$553.3K
$6.7M
Net Profit
AQB
AQB
TGL
TGL
Q3 25
$-2.1M
Q2 25
Q1 25
$1.3M
Q4 24
$-232.3K
Q3 24
$-950.7K
Q2 24
$-50.5M
Q1 24
$-11.2M
$-1.7M
Q4 23
$-1.2M
Gross Margin
AQB
AQB
TGL
TGL
Q3 25
0.7%
Q2 25
68.2%
Q1 25
73.0%
Q4 24
74.2%
Q3 24
83.0%
Q2 24
31.0%
Q1 24
13.6%
Q4 23
5.1%
Operating Margin
AQB
AQB
TGL
TGL
Q3 25
-953.5%
Q2 25
Q1 25
-6.5%
Q4 24
-229.5%
Q3 24
-391.4%
Q2 24
-16405.6%
Q1 24
-529.4%
-85.9%
Q4 23
-16.2%
Net Margin
AQB
AQB
TGL
TGL
Q3 25
-1169.1%
Q2 25
Q1 25
189.0%
Q4 24
-77.0%
Q3 24
-458.5%
Q2 24
-28035.1%
Q1 24
-2337.9%
-107.3%
Q4 23
-17.9%
EPS (diluted)
AQB
AQB
TGL
TGL
Q3 25
$-0.38
Q2 25
Q1 25
$1.09
Q4 24
$-11.32
Q3 24
$-17.62
Q2 24
$-13.08
Q1 24
$-2.90
$-116.03
Q4 23
$-2.19
$-2.22

Balance Sheet & Financial Strength

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

Metric
AQB
AQB
TGL
TGL
Cash + ST InvestmentsLiquidity on hand
$728.3K
Total DebtLower is stronger
$10.5M
Stockholders' EquityBook value
$103.3M
$12.0M
Total Assets
$127.4M
$16.6M
Debt / EquityLower = less leverage
0.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AQB
AQB
TGL
TGL
Q3 25
Q2 25
Q1 25
$2.5K
Q4 24
$504.3K
Q3 24
$44.1K
Q2 24
$728.3K
$171.6K
Q1 24
$2.6M
Q4 23
$8.2M
Total Debt
AQB
AQB
TGL
TGL
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
$10.5M
Q1 24
$8.4M
Q4 23
$5.1M
Stockholders' Equity
AQB
AQB
TGL
TGL
Q3 25
$12.0M
Q2 25
$10.7M
Q1 25
$29.1M
Q4 24
$18.4M
Q3 24
$6.3M
Q2 24
$103.3M
$3.4M
Q1 24
$153.8M
$3.1M
Q4 23
$165.0M
$3.7M
Total Assets
AQB
AQB
TGL
TGL
Q3 25
$16.6M
Q2 25
$14.9M
Q1 25
$30.4M
Q4 24
$19.1M
Q3 24
$7.1M
Q2 24
$127.4M
$4.3M
Q1 24
$176.2M
$4.2M
Q4 23
$187.6M
$4.9M
Debt / Equity
AQB
AQB
TGL
TGL
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
0.10×
Q1 24
0.05×
Q4 23
0.03×

Cash Flow & Capital Efficiency

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

Metric
AQB
AQB
TGL
TGL
Operating Cash FlowLast quarter
$-4.3M
$-1.8M
Free Cash FlowOCF − Capex
$-5.2M
$-2.4M
FCF MarginFCF / Revenue
-2885.9%
-1318.2%
Capex IntensityCapex / Revenue
485.1%
353.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-45.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AQB
AQB
TGL
TGL
Q3 25
$-1.8M
Q2 25
$-9.5M
Q1 25
$-4.2M
Q4 24
$-606.2K
Q3 24
$-976.3K
Q2 24
$-4.3M
$-4.7M
Q1 24
$-4.4M
$-1.1M
Q4 23
$-5.8M
$-1.2M
Free Cash Flow
AQB
AQB
TGL
TGL
Q3 25
$-2.4M
Q2 25
$-9.5M
Q1 25
$-4.2M
Q4 24
Q3 24
Q2 24
$-5.2M
$-4.7M
Q1 24
$-5.5M
$-1.1M
Q4 23
$-8.4M
$-1.2M
FCF Margin
AQB
AQB
TGL
TGL
Q3 25
-1318.2%
Q2 25
-822.4%
Q1 25
-635.6%
Q4 24
Q3 24
Q2 24
-2885.9%
-1614.2%
Q1 24
-1161.2%
-67.1%
Q4 23
-1519.4%
-17.9%
Capex Intensity
AQB
AQB
TGL
TGL
Q3 25
353.3%
Q2 25
1.3%
Q1 25
0.3%
Q4 24
Q3 24
Q2 24
485.1%
5.7%
Q1 24
235.9%
0.0%
Q4 23
475.9%
0.1%
Cash Conversion
AQB
AQB
TGL
TGL
Q3 25
Q2 25
Q1 25
-3.36×
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23

Financial Flow Comparison

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

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