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Side-by-side financial comparison of AMTECH SYSTEMS INC (ASYS) and BOSTON OMAHA Corp (BOC). Click either name above to swap in a different company.

BOSTON OMAHA Corp is the larger business by last-quarter revenue ($29.7M vs $19.0M, roughly 1.6× AMTECH SYSTEMS INC). AMTECH SYSTEMS INC runs the higher net margin — 0.6% vs -23.1%, a 23.6% gap on every dollar of revenue. On growth, BOSTON OMAHA Corp posted the faster year-over-year revenue change (6.4% vs -22.2%). AMTECH SYSTEMS INC produced more free cash flow last quarter ($3.8M vs $-10.0M). Over the past eight quarters, BOSTON OMAHA Corp's revenue compounded faster (7.8% CAGR vs -13.6%).

Amtech Systems Inc is a global manufacturer of advanced thermal processing and automation equipment primarily serving the semiconductor, solar photovoltaic, and LED production sectors. Its product portfolio includes soldering, diffusion, and deposition systems, with key markets spanning North America, East Asia, and Western Europe, catering to leading electronic component and clean energy manufacturing clients.

Boston Omaha Corporation is a publicly traded diversified holding company. Its core operating segments include outdoor advertising, surety insurance, residential real estate development, and fixed wireless broadband services, primarily serving customers across the United States, with a focus on driving long-term shareholder value via strategic acquisitions and organic operational growth.

ASYS vs BOC — Head-to-Head

Bigger by revenue
BOC
BOC
1.6× larger
BOC
$29.7M
$19.0M
ASYS
Growing faster (revenue YoY)
BOC
BOC
+28.5% gap
BOC
6.4%
-22.2%
ASYS
Higher net margin
ASYS
ASYS
23.6% more per $
ASYS
0.6%
-23.1%
BOC
More free cash flow
ASYS
ASYS
$13.9M more FCF
ASYS
$3.8M
$-10.0M
BOC
Faster 2-yr revenue CAGR
BOC
BOC
Annualised
BOC
7.8%
-13.6%
ASYS

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ASYS
ASYS
BOC
BOC
Revenue
$19.0M
$29.7M
Net Profit
$108.0K
$-6.9M
Gross Margin
44.8%
64.0%
Operating Margin
4.1%
-4.2%
Net Margin
0.6%
-23.1%
Revenue YoY
-22.2%
6.4%
Net Profit YoY
-65.4%
-228.1%
EPS (diluted)
$0.01
$-0.23

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
ASYS
ASYS
BOC
BOC
Q4 25
$19.0M
$29.7M
Q3 25
$19.8M
$28.7M
Q2 25
$19.6M
$28.2M
Q1 25
$15.6M
$27.7M
Q4 24
$24.4M
$27.9M
Q3 24
$24.1M
$27.7M
Q2 24
$26.7M
$27.1M
Q1 24
$25.4M
$25.6M
Net Profit
ASYS
ASYS
BOC
BOC
Q4 25
$108.0K
$-6.9M
Q3 25
$1.1M
$-2.6M
Q2 25
$106.0K
$-2.3M
Q1 25
$-31.8M
$-669.3K
Q4 24
$312.0K
$5.3M
Q3 24
$-536.0K
$-1.6M
Q2 24
$438.0K
$-2.2M
Q1 24
$970.0K
$-2.8M
Gross Margin
ASYS
ASYS
BOC
BOC
Q4 25
44.8%
64.0%
Q3 25
44.4%
66.2%
Q2 25
46.7%
66.1%
Q1 25
-2.1%
67.3%
Q4 24
38.4%
69.5%
Q3 24
40.7%
67.5%
Q2 24
36.5%
68.2%
Q1 24
33.2%
67.9%
Operating Margin
ASYS
ASYS
BOC
BOC
Q4 25
4.1%
-4.2%
Q3 25
9.3%
-3.7%
Q2 25
4.7%
-2.9%
Q1 25
-202.7%
-2.9%
Q4 24
1.4%
-4.6%
Q3 24
0.1%
-2.7%
Q2 24
3.1%
-16.2%
Q1 24
5.4%
-8.1%
Net Margin
ASYS
ASYS
BOC
BOC
Q4 25
0.6%
-23.1%
Q3 25
5.4%
-9.0%
Q2 25
0.5%
-8.2%
Q1 25
-204.2%
-2.4%
Q4 24
1.3%
19.1%
Q3 24
-2.2%
-5.8%
Q2 24
1.6%
-8.3%
Q1 24
3.8%
-11.0%
EPS (diluted)
ASYS
ASYS
BOC
BOC
Q4 25
$0.01
$-0.23
Q3 25
$0.08
$-0.08
Q2 25
$0.01
$-0.07
Q1 25
$-2.23
$-0.02
Q4 24
$0.02
$0.17
Q3 24
$-0.04
$-0.05
Q2 24
$0.03
$-0.07
Q1 24
$0.07
$-0.09

Balance Sheet & Financial Strength

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

Metric
ASYS
ASYS
BOC
BOC
Cash + ST InvestmentsLiquidity on hand
$22.1M
$56.8M
Total DebtLower is stronger
$162.0K
$25.7M
Stockholders' EquityBook value
$54.1M
$516.1M
Total Assets
$94.1M
$713.1M
Debt / EquityLower = less leverage
0.00×
0.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASYS
ASYS
BOC
BOC
Q4 25
$22.1M
$56.8M
Q3 25
$17.9M
$67.6M
Q2 25
$15.6M
$68.6M
Q1 25
$13.4M
$69.2M
Q4 24
$13.2M
$73.2M
Q3 24
$11.1M
$58.6M
Q2 24
$13.2M
$53.1M
Q1 24
$13.0M
$53.4M
Total Debt
ASYS
ASYS
BOC
BOC
Q4 25
$162.0K
$25.7M
Q3 25
$168.0K
$25.9M
Q2 25
$127.0K
$26.1M
Q1 25
$135.0K
$26.3M
Q4 24
$161.0K
$26.5M
Q3 24
$189.0K
$26.7M
Q2 24
$177.0K
$26.9M
Q1 24
$65.0K
$27.1M
Stockholders' Equity
ASYS
ASYS
BOC
BOC
Q4 25
$54.1M
$516.1M
Q3 25
$53.4M
$528.4M
Q2 25
$51.7M
$531.0M
Q1 25
$51.0M
$533.3M
Q4 24
$82.4M
$532.8M
Q3 24
$82.4M
$527.7M
Q2 24
$81.7M
$530.5M
Q1 24
$80.9M
$536.2M
Total Assets
ASYS
ASYS
BOC
BOC
Q4 25
$94.1M
$713.1M
Q3 25
$92.9M
$721.4M
Q2 25
$89.5M
$730.6M
Q1 25
$83.4M
$730.8M
Q4 24
$117.8M
$728.3M
Q3 24
$119.3M
$711.9M
Q2 24
$127.1M
$723.1M
Q1 24
$116.5M
$757.3M
Debt / Equity
ASYS
ASYS
BOC
BOC
Q4 25
0.00×
0.05×
Q3 25
0.00×
0.05×
Q2 25
0.00×
0.05×
Q1 25
0.00×
0.05×
Q4 24
0.00×
0.05×
Q3 24
0.00×
0.05×
Q2 24
0.00×
0.05×
Q1 24
0.00×
0.05×

Cash Flow & Capital Efficiency

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

Metric
ASYS
ASYS
BOC
BOC
Operating Cash FlowLast quarter
$4.1M
$17.9M
Free Cash FlowOCF − Capex
$3.8M
$-10.0M
FCF MarginFCF / Revenue
20.2%
-33.8%
Capex IntensityCapex / Revenue
1.5%
93.9%
Cash ConversionOCF / Net Profit
37.99×
TTM Free Cash FlowTrailing 4 quarters
$8.0M
$-17.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASYS
ASYS
BOC
BOC
Q4 25
$4.1M
$17.9M
Q3 25
$2.3M
$4.9M
Q2 25
$2.5M
$4.6M
Q1 25
$210.0K
$2.6M
Q4 24
$2.9M
$21.2M
Q3 24
$879.0K
$5.2M
Q2 24
$3.7M
$4.5M
Q1 24
$336.0K
$2.4M
Free Cash Flow
ASYS
ASYS
BOC
BOC
Q4 25
$3.8M
$-10.0M
Q3 25
$2.0M
$-489.4K
Q2 25
$2.0M
$-2.7M
Q1 25
$201.0K
$-4.3M
Q4 24
$2.7M
$-11.0M
Q3 24
$447.0K
$-1.2M
Q2 24
$322.0K
$-4.3M
Q1 24
$-884.0K
$-6.0M
FCF Margin
ASYS
ASYS
BOC
BOC
Q4 25
20.2%
-33.8%
Q3 25
10.2%
-1.7%
Q2 25
10.1%
-9.7%
Q1 25
1.3%
-15.5%
Q4 24
11.2%
-39.2%
Q3 24
1.9%
-4.4%
Q2 24
1.2%
-15.9%
Q1 24
-3.5%
-23.6%
Capex Intensity
ASYS
ASYS
BOC
BOC
Q4 25
1.5%
93.9%
Q3 25
1.2%
18.9%
Q2 25
2.8%
25.9%
Q1 25
0.1%
24.7%
Q4 24
0.6%
115.3%
Q3 24
1.8%
23.2%
Q2 24
12.5%
32.6%
Q1 24
4.8%
33.1%
Cash Conversion
ASYS
ASYS
BOC
BOC
Q4 25
37.99×
Q3 25
2.12×
Q2 25
23.89×
Q1 25
Q4 24
9.19×
3.97×
Q3 24
Q2 24
8.35×
Q1 24
0.35×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ASYS
ASYS

Thermal Processing Solutions$14.0M74%
Semiconductor Fabrication Solutions$5.0M26%

BOC
BOC

Billboard Rentals$11.9M40%
Equity Method Investment Nonconsolidated Investee Or Group Of Investees$10.0M34%
GIG$7.3M25%
Other$608.4K2%

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