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Side-by-side financial comparison of Atour Lifestyle Holdings Ltd (ATAT) and MAGIC SOFTWARE ENTERPRISES LTD (MGIC). Click either name above to swap in a different company.
Atour Lifestyle Holdings Ltd is the larger business by last-quarter revenue ($789.6M vs $419.6M, roughly 1.9× MAGIC SOFTWARE ENTERPRISES LTD). Atour Lifestyle Holdings Ltd runs the higher net margin — 17.6% vs 8.4%, a 9.2% gap on every dollar of revenue. Atour Lifestyle Holdings Ltd produced more free cash flow last quarter ($210.7M vs $37.0M).
Atour Lifestyle Holdings Ltd is a leading China-based hospitality and lifestyle enterprise. It operates a wide portfolio of mid-to-premium hotel brands for business and leisure travelers, and offers complementary lifestyle retail products and experience services, catering primarily to middle-class consumers across domestic and selected overseas markets.
Magic Software Enterprises provides low-code integration and data management platforms that simplify the connection between legacy on-premise systems and modern cloud applications. Its flagship products — Magic xpi Integration Platform and FactoryEye Smart Factory Solution, enable enterprises to achieve end-to-end visibility, faster cloud migration, and managed integration services.
ATAT vs MGIC — Head-to-Head
Income Statement — Q3 FY2025 vs Q3 FY2023
| Metric | ||
|---|---|---|
| Revenue | $789.6M | $419.6M |
| Net Profit | $139.1M | $35.3M |
| Gross Margin | — | 27.1% |
| Operating Margin | 22.5% | 11.3% |
| Net Margin | 17.6% | 8.4% |
| Revenue YoY | 252.5% | — |
| Net Profit YoY | 322.2% | — |
| EPS (diluted) | $0.33 | — |
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.
| Q3 25 | $789.6M | — | ||
| Q3 24 | $224.0M | — | ||
| Q1 24 | $203.4M | — | ||
| Q3 23 | — | $419.6M | ||
| Q2 23 | — | $275.7M | ||
| Q1 23 | $106.8M | $138.7M | ||
| Q3 22 | — | $347.3M | ||
| Q2 22 | — | $226.5M |
| Q3 25 | $139.1M | — | ||
| Q3 24 | $33.0M | — | ||
| Q1 24 | $35.6M | — | ||
| Q3 23 | — | $35.3M | ||
| Q2 23 | — | $22.2M | ||
| Q1 23 | $2.5M | $11.3M | ||
| Q3 22 | — | $26.6M | ||
| Q2 22 | — | $17.9M |
| Q3 25 | — | — | ||
| Q3 24 | — | — | ||
| Q1 24 | — | — | ||
| Q3 23 | — | 27.1% | ||
| Q2 23 | — | 26.9% | ||
| Q1 23 | — | 27.1% | ||
| Q3 22 | — | 27.5% | ||
| Q2 22 | — | 27.8% |
| Q3 25 | 22.5% | — | ||
| Q3 24 | 14.7% | — | ||
| Q1 24 | 22.1% | — | ||
| Q3 23 | — | 11.3% | ||
| Q2 23 | — | 11.3% | ||
| Q1 23 | 8.0% | 11.6% | ||
| Q3 22 | — | 10.6% | ||
| Q2 22 | — | 11.0% |
| Q3 25 | 17.6% | — | ||
| Q3 24 | 14.7% | — | ||
| Q1 24 | 17.5% | — | ||
| Q3 23 | — | 8.4% | ||
| Q2 23 | — | 8.1% | ||
| Q1 23 | 2.3% | 8.1% | ||
| Q3 22 | — | 7.7% | ||
| Q2 22 | — | 7.9% |
| Q3 25 | $0.33 | — | ||
| Q3 24 | $0.08 | — | ||
| Q1 24 | $0.09 | — | ||
| Q3 23 | — | — | ||
| Q2 23 | — | — | ||
| Q1 23 | — | — | ||
| Q3 22 | — | $0.47 | ||
| Q2 22 | — | $0.31 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $669.2M | $83.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $405.0M | $276.3M |
| Total Assets | $1.1B | $505.1M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | $669.2M | — | ||
| Q3 24 | $506.0M | — | ||
| Q1 24 | $520.7M | — | ||
| Q3 23 | — | $83.1M | ||
| Q2 23 | — | $83.1M | ||
| Q1 23 | $272.5M | $83.1M | ||
| Q3 22 | — | $88.1M | ||
| Q2 22 | — | $88.1M |
| Q3 25 | — | — | ||
| Q3 24 | — | — | ||
| Q1 24 | $277.0K | — | ||
| Q3 23 | — | — | ||
| Q2 23 | — | — | ||
| Q1 23 | — | — | ||
| Q3 22 | — | — | ||
| Q2 22 | — | — |
| Q3 25 | $405.0M | — | ||
| Q3 24 | $291.3M | — | ||
| Q1 24 | $323.5M | — | ||
| Q3 23 | — | $276.3M | ||
| Q2 23 | — | $276.3M | ||
| Q1 23 | $185.5M | $276.3M | ||
| Q3 22 | — | $275.7M | ||
| Q2 22 | — | $275.7M |
| Q3 25 | $1.1B | — | ||
| Q3 24 | $927.8M | — | ||
| Q1 24 | $936.3M | — | ||
| Q3 23 | — | $505.1M | ||
| Q2 23 | — | $505.1M | ||
| Q1 23 | — | $505.1M | ||
| Q3 22 | — | $492.0M | ||
| Q2 22 | — | $492.0M |
| Q3 25 | — | — | ||
| Q3 24 | — | — | ||
| Q1 24 | 0.00× | — | ||
| Q3 23 | — | — | ||
| Q2 23 | — | — | ||
| Q1 23 | — | — | ||
| Q3 22 | — | — | ||
| Q2 22 | — | — |
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 | $216.6M | $40.3M |
| Free Cash FlowOCF − Capex | $210.7M | $37.0M |
| FCF MarginFCF / Revenue | 26.7% | 8.8% |
| Capex IntensityCapex / Revenue | 0.8% | 0.8% |
| Cash ConversionOCF / Net Profit | 1.56× | 1.14× |
| TTM Free Cash FlowTrailing 4 quarters | $359.6M | $98.8M |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | $216.6M | — | ||
| Q3 24 | $84.8M | — | ||
| Q1 24 | $19.8M | — | ||
| Q3 23 | — | $40.3M | ||
| Q2 23 | — | $18.4M | ||
| Q1 23 | $49.9M | $12.8M | ||
| Q3 22 | — | $34.2M | ||
| Q2 22 | — | $28.0M |
| Q3 25 | $210.7M | — | ||
| Q3 24 | $83.3M | — | ||
| Q1 24 | $18.1M | — | ||
| Q3 23 | — | $37.0M | ||
| Q2 23 | — | $16.2M | ||
| Q1 23 | $47.5M | $12.5M | ||
| Q3 22 | — | $33.2M | ||
| Q2 22 | — | $27.4M |
| Q3 25 | 26.7% | — | ||
| Q3 24 | 37.2% | — | ||
| Q1 24 | 8.9% | — | ||
| Q3 23 | — | 8.8% | ||
| Q2 23 | — | 5.9% | ||
| Q1 23 | 44.5% | 9.0% | ||
| Q3 22 | — | 9.6% | ||
| Q2 22 | — | 12.1% |
| Q3 25 | 0.8% | — | ||
| Q3 24 | 0.7% | — | ||
| Q1 24 | 0.9% | — | ||
| Q3 23 | — | 0.8% | ||
| Q2 23 | — | 0.8% | ||
| Q1 23 | 2.3% | 0.2% | ||
| Q3 22 | — | 0.3% | ||
| Q2 22 | — | 0.3% |
| Q3 25 | 1.56× | — | ||
| Q3 24 | 2.57× | — | ||
| Q1 24 | 0.56× | — | ||
| Q3 23 | — | 1.14× | ||
| Q2 23 | — | 0.83× | ||
| Q1 23 | 20.23× | 1.13× | ||
| Q3 22 | — | 1.28× | ||
| Q2 22 | — | 1.57× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.