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Side-by-side financial comparison of BATTALION OIL CORP (BATL) and KAMADA LTD (KMDA). Click either name above to swap in a different company.

KAMADA LTD is the larger business by last-quarter revenue ($47.0M vs $31.6M, roughly 1.5× BATTALION OIL CORP). KAMADA LTD runs the higher net margin — 11.3% vs 5.7%, a 5.6% gap on every dollar of revenue. On growth, KAMADA LTD posted the faster year-over-year revenue change (12.6% vs -36.1%). Over the past eight quarters, KAMADA LTD's revenue compounded faster (12.0% CAGR vs -20.1%).

Battalion Oil Corp is an independent energy company engaged in the exploration, development, and production of crude oil, natural gas, and natural gas liquids. It primarily operates assets in the Eagle Ford Shale region of South Texas, serving commercial and industrial clients across North American energy markets.

Kamada Ltd. is a global biopharmaceutical company specializing in the research, manufacturing, and commercialization of specialty pharmaceuticals derived from human plasma.

BATL vs KMDA — Head-to-Head

Bigger by revenue
KMDA
KMDA
1.5× larger
KMDA
$47.0M
$31.6M
BATL
Growing faster (revenue YoY)
KMDA
KMDA
+48.8% gap
KMDA
12.6%
-36.1%
BATL
Higher net margin
KMDA
KMDA
5.6% more per $
KMDA
11.3%
5.7%
BATL
Faster 2-yr revenue CAGR
KMDA
KMDA
Annualised
KMDA
12.0%
-20.1%
BATL

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
BATL
BATL
KMDA
KMDA
Revenue
$31.6M
$47.0M
Net Profit
$1.8M
$5.3M
Gross Margin
42.0%
Operating Margin
-33.8%
16.6%
Net Margin
5.7%
11.3%
Revenue YoY
-36.1%
12.6%
Net Profit YoY
108.1%
37.1%
EPS (diluted)
$-0.77
$0.09

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
BATL
BATL
KMDA
KMDA
Q4 25
$31.6M
Q3 25
$43.4M
$47.0M
Q2 25
$42.6M
$44.8M
Q1 25
$47.4M
$44.0M
Q4 24
$49.5M
Q3 24
$45.1M
$41.7M
Q2 24
$49.1M
$42.5M
Q1 24
$49.5M
$37.7M
Net Profit
BATL
BATL
KMDA
KMDA
Q4 25
$1.8M
Q3 25
$-735.0K
$5.3M
Q2 25
$4.8M
$7.4M
Q1 25
$6.0M
$4.0M
Q4 24
$-22.2M
Q3 24
$21.6M
$3.9M
Q2 24
$-105.0K
$4.4M
Q1 24
$-31.2M
$2.4M
Gross Margin
BATL
BATL
KMDA
KMDA
Q4 25
Q3 25
42.0%
Q2 25
42.3%
Q1 25
47.1%
Q4 24
Q3 24
41.3%
Q2 24
44.6%
Q1 24
44.4%
Operating Margin
BATL
BATL
KMDA
KMDA
Q4 25
-33.8%
Q3 25
1.9%
16.6%
Q2 25
-0.4%
15.8%
Q1 25
7.2%
17.7%
Q4 24
-36.2%
Q3 24
2.3%
12.7%
Q2 24
10.4%
13.3%
Q1 24
0.0%
10.7%
Net Margin
BATL
BATL
KMDA
KMDA
Q4 25
5.7%
Q3 25
-1.7%
11.3%
Q2 25
11.3%
16.5%
Q1 25
12.7%
9.0%
Q4 24
-44.9%
Q3 24
48.0%
9.3%
Q2 24
-0.2%
10.4%
Q1 24
-63.0%
6.3%
EPS (diluted)
BATL
BATL
KMDA
KMDA
Q4 25
$-0.77
Q3 25
$-0.91
$0.09
Q2 25
$-0.21
$0.13
Q1 25
$-0.35
$0.07
Q4 24
$-1.47
Q3 24
$0.34
$0.07
Q2 24
$-0.53
$0.08
Q1 24
$-2.24
$0.04

Balance Sheet & Financial Strength

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

Metric
BATL
BATL
KMDA
KMDA
Cash + ST InvestmentsLiquidity on hand
$28.0M
$72.0M
Total DebtLower is stronger
$208.1M
Stockholders' EquityBook value
$-32.8M
$265.2M
Total Assets
$460.7M
$377.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BATL
BATL
KMDA
KMDA
Q4 25
$28.0M
Q3 25
$50.5M
$72.0M
Q2 25
$44.6M
$66.0M
Q1 25
$73.6M
$76.3M
Q4 24
$19.7M
Q3 24
$29.8M
$72.0M
Q2 24
$54.4M
$56.5M
Q1 24
$48.9M
$48.2M
Total Debt
BATL
BATL
KMDA
KMDA
Q4 25
$208.1M
Q3 25
$213.8M
Q2 25
$219.4M
Q1 25
$225.1M
Q4 24
$162.1M
Q3 24
$147.8M
Q2 24
$160.4M
Q1 24
$190.2M
Stockholders' Equity
BATL
BATL
KMDA
KMDA
Q4 25
$-32.8M
Q3 25
$-20.3M
$265.2M
Q2 25
$-5.2M
$260.0M
Q1 25
$-1.8M
$252.0M
Q4 24
$4.1M
Q3 24
$35.0M
$255.3M
Q2 24
$22.7M
$251.2M
Q1 24
$31.3M
$251.2M
Total Assets
BATL
BATL
KMDA
KMDA
Q4 25
$460.7M
Q3 25
$491.7M
$377.2M
Q2 25
$498.8M
$368.2M
Q1 25
$506.2M
$375.1M
Q4 24
$431.0M
Q3 24
$458.0M
$351.2M
Q2 24
$487.3M
$351.0M
Q1 24
$488.6M
$343.2M
Debt / Equity
BATL
BATL
KMDA
KMDA
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
39.35×
Q3 24
4.23×
Q2 24
7.07×
Q1 24
6.07×

Cash Flow & Capital Efficiency

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

Metric
BATL
BATL
KMDA
KMDA
Operating Cash FlowLast quarter
$-11.8M
$10.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-6.58×
1.97×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BATL
BATL
KMDA
KMDA
Q4 25
$-11.8M
Q3 25
$28.0M
$10.4M
Q2 25
$10.2M
$8.0M
Q1 25
$12.7M
$-513.0K
Q4 24
$6.7M
Q3 24
$-5.1M
$22.2M
Q2 24
$29.8M
$14.0M
Q1 24
$3.9M
$1.0M
Cash Conversion
BATL
BATL
KMDA
KMDA
Q4 25
-6.58×
Q3 25
1.97×
Q2 25
2.13×
1.09×
Q1 25
2.11×
-0.13×
Q4 24
Q3 24
-0.23×
5.75×
Q2 24
3.15×
Q1 24
0.43×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BATL
BATL

Oil$28.6M91%
Natural Gas Liquids Reserves$3.9M12%

KMDA
KMDA

Segment breakdown not available.

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