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Side-by-side financial comparison of Blue Hat Interactive Entertainment Technology (BHAT) and FIRST CAPITAL INC (FCAP). Click either name above to swap in a different company.

FIRST CAPITAL INC is the larger business by last-quarter revenue ($13.5M vs $13.1M, roughly 1.0× Blue Hat Interactive Entertainment Technology). FIRST CAPITAL INC runs the higher net margin — 36.2% vs -9.9%, a 46.1% gap on every dollar of revenue.

Blue Hat Interactive Entertainment Technology develops and produces interactive entertainment products including AR games, smart interactive toys, and immersive leisure content. It primarily serves mainland China's consumer market, with expanding distribution across Southeast Asia, focusing on family and youth entertainment segments.

Capital First Ltd, formerly known as Future Capital Holdings, was an Indian non-bank financial institution which provided debt financing. In December 2018, it was merged into IDFC Bank to form IDFC First Bank. The company was listed on the NSE and BSE prior to the merger.

BHAT vs FCAP — Head-to-Head

Bigger by revenue
FCAP
FCAP
1.0× larger
FCAP
$13.5M
$13.1M
BHAT
Higher net margin
FCAP
FCAP
46.1% more per $
FCAP
36.2%
-9.9%
BHAT

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
BHAT
BHAT
FCAP
FCAP
Revenue
$13.1M
$13.5M
Net Profit
$-1.3M
$4.9M
Gross Margin
8.3%
Operating Margin
-9.4%
Net Margin
-9.9%
36.2%
Revenue YoY
19.0%
Net Profit YoY
49.6%
EPS (diluted)
$1.45

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
BHAT
BHAT
FCAP
FCAP
Q4 25
$13.5M
Q3 25
$13.3M
Q2 25
$13.1M
$12.4M
Q1 25
$11.4M
Q4 24
$11.3M
Q3 24
$10.9M
Q2 24
$46.3M
$10.7M
Q1 24
$10.5M
Net Profit
BHAT
BHAT
FCAP
FCAP
Q4 25
$4.9M
Q3 25
$4.5M
Q2 25
$-1.3M
$3.8M
Q1 25
$3.2M
Q4 24
$3.3M
Q3 24
$2.9M
Q2 24
$-4.4M
$2.8M
Q1 24
$3.0M
Gross Margin
BHAT
BHAT
FCAP
FCAP
Q4 25
Q3 25
Q2 25
8.3%
Q1 25
Q4 24
Q3 24
Q2 24
0.2%
Q1 24
Operating Margin
BHAT
BHAT
FCAP
FCAP
Q4 25
Q3 25
41.8%
Q2 25
-9.4%
37.2%
Q1 25
34.2%
Q4 24
34.8%
Q3 24
31.5%
Q2 24
-8.8%
31.1%
Q1 24
33.0%
Net Margin
BHAT
BHAT
FCAP
FCAP
Q4 25
36.2%
Q3 25
33.8%
Q2 25
-9.9%
30.4%
Q1 25
28.3%
Q4 24
28.8%
Q3 24
26.5%
Q2 24
-9.4%
26.5%
Q1 24
28.1%
EPS (diluted)
BHAT
BHAT
FCAP
FCAP
Q4 25
$1.45
Q3 25
$1.34
Q2 25
$1.13
Q1 25
$0.97
Q4 24
$0.97
Q3 24
$0.87
Q2 24
$0.85
Q1 24
$0.88

Balance Sheet & Financial Strength

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

Metric
BHAT
BHAT
FCAP
FCAP
Cash + ST InvestmentsLiquidity on hand
$14.3K
Total DebtLower is stronger
Stockholders' EquityBook value
$32.1M
$137.8M
Total Assets
$75.2M
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BHAT
BHAT
FCAP
FCAP
Q4 25
Q3 25
Q2 25
$14.3K
Q1 25
Q4 24
Q3 24
Q2 24
$407.6K
Q1 24
Stockholders' Equity
BHAT
BHAT
FCAP
FCAP
Q4 25
$137.8M
Q3 25
$132.4M
Q2 25
$32.1M
$123.2M
Q1 25
$120.1M
Q4 24
$114.6M
Q3 24
$116.8M
Q2 24
$40.6M
$107.8M
Q1 24
$105.7M
Total Assets
BHAT
BHAT
FCAP
FCAP
Q4 25
$1.3B
Q3 25
$1.2B
Q2 25
$75.2M
$1.2B
Q1 25
$1.2B
Q4 24
$1.2B
Q3 24
$1.2B
Q2 24
$49.3M
$1.2B
Q1 24
$1.2B

Cash Flow & Capital Efficiency

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

Metric
BHAT
BHAT
FCAP
FCAP
Operating Cash FlowLast quarter
$2.6M
$21.3M
Free Cash FlowOCF − Capex
$19.9M
FCF MarginFCF / Revenue
147.7%
Capex IntensityCapex / Revenue
10.0%
Cash ConversionOCF / Net Profit
4.36×
TTM Free Cash FlowTrailing 4 quarters
$35.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BHAT
BHAT
FCAP
FCAP
Q4 25
$21.3M
Q3 25
$7.9M
Q2 25
$2.6M
$3.7M
Q1 25
$4.4M
Q4 24
$22.3M
Q3 24
$7.6M
Q2 24
$3.5M
Q1 24
$7.2M
Free Cash Flow
BHAT
BHAT
FCAP
FCAP
Q4 25
$19.9M
Q3 25
$7.8M
Q2 25
$3.5M
Q1 25
$4.2M
Q4 24
$21.6M
Q3 24
$7.5M
Q2 24
$3.3M
Q1 24
$7.1M
FCF Margin
BHAT
BHAT
FCAP
FCAP
Q4 25
147.7%
Q3 25
58.6%
Q2 25
27.8%
Q1 25
36.5%
Q4 24
190.7%
Q3 24
68.6%
Q2 24
31.2%
Q1 24
67.2%
Capex Intensity
BHAT
BHAT
FCAP
FCAP
Q4 25
10.0%
Q3 25
1.2%
Q2 25
2.2%
Q1 25
1.9%
Q4 24
6.3%
Q3 24
0.8%
Q2 24
1.4%
Q1 24
1.5%
Cash Conversion
BHAT
BHAT
FCAP
FCAP
Q4 25
4.36×
Q3 25
1.77×
Q2 25
0.99×
Q1 25
1.36×
Q4 24
6.84×
Q3 24
2.62×
Q2 24
1.23×
Q1 24
2.45×

Financial Flow Comparison

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

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