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Side-by-side financial comparison of BIOHARVEST SCIENCES INC. (BHST) and Metalpha Technology Holding Ltd (MATH). Click either name above to swap in a different company.

Metalpha Technology Holding Ltd is the larger business by last-quarter revenue ($12.0M vs $8.4M, roughly 1.4× BIOHARVEST SCIENCES INC.).

BioHarvest Sciences Inc. is a biotechnology firm that develops and produces sustainable, high-purity plant-derived bioactive ingredients. It serves the nutraceutical, cosmetics, and pharmaceutical sectors, leveraging proprietary cell cultivation technology to create efficacious natural products without large-scale agricultural farming.

Metalpha Technology Holding Ltd is a global fintech firm specializing in digital asset wealth management, institutional-grade crypto investment services, and Web3 ecosystem infrastructure support. It serves professional investors, financial institutions, and high-net-worth clients across Asia, North America and Europe, with core segments including structured digital asset products, risk management solutions and DeFi technology development.

BHST vs MATH — Head-to-Head

Bigger by revenue
MATH
MATH
1.4× larger
MATH
$12.0M
$8.4M
BHST

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
BHST
BHST
MATH
MATH
Revenue
$8.4M
$12.0M
Net Profit
$-2.9M
Gross Margin
60.3%
28.3%
Operating Margin
-24.2%
Net Margin
-24.0%
Revenue YoY
-39.0%
Net Profit YoY
-147.7%
EPS (diluted)
$-0.07

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
BHST
BHST
MATH
MATH
Q3 25
$8.4M
$12.0M
Q2 25
$8.1M
Q1 25
$7.7M
$24.8M
Q3 24
$6.5M
$19.7M
Q2 24
$6.0M
Net Profit
BHST
BHST
MATH
MATH
Q3 25
$-2.9M
Q2 25
Q1 25
$9.8M
Q3 24
$6.0M
Q2 24
Gross Margin
BHST
BHST
MATH
MATH
Q3 25
60.3%
28.3%
Q2 25
60.0%
Q1 25
58.2%
85.7%
Q3 24
49.5%
Q2 24
Operating Margin
BHST
BHST
MATH
MATH
Q3 25
-24.2%
Q2 25
Q1 25
39.3%
Q3 24
38.9%
Q2 24
Net Margin
BHST
BHST
MATH
MATH
Q3 25
-24.0%
Q2 25
Q1 25
39.6%
Q3 24
30.7%
Q2 24
EPS (diluted)
BHST
BHST
MATH
MATH
Q3 25
$-0.07
Q2 25
Q1 25
$0.25
Q3 24
$0.16
Q2 24

Balance Sheet & Financial Strength

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

Metric
BHST
BHST
MATH
MATH
Cash + ST InvestmentsLiquidity on hand
$10.1M
Total DebtLower is stronger
$101.2K
Stockholders' EquityBook value
$35.1M
Total Assets
$413.8M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BHST
BHST
MATH
MATH
Q3 25
$10.1M
Q2 25
Q1 25
$6.9M
Q3 24
$3.8M
Q2 24
Total Debt
BHST
BHST
MATH
MATH
Q3 25
$101.2K
Q2 25
Q1 25
$188.0K
Q3 24
$275.1K
Q2 24
Stockholders' Equity
BHST
BHST
MATH
MATH
Q3 25
$35.1M
Q2 25
Q1 25
$36.6M
Q3 24
$25.3M
Q2 24
Total Assets
BHST
BHST
MATH
MATH
Q3 25
$413.8M
Q2 25
Q1 25
$246.8M
Q3 24
$237.2M
Q2 24
Debt / Equity
BHST
BHST
MATH
MATH
Q3 25
0.00×
Q2 25
Q1 25
0.01×
Q3 24
0.01×
Q2 24

Cash Flow & Capital Efficiency

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

Metric
BHST
BHST
MATH
MATH
Operating Cash FlowLast quarter
$3.3M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BHST
BHST
MATH
MATH
Q3 25
$3.3M
Q2 25
Q1 25
$16.2M
Q3 24
$-16.1M
Q2 24
Cash Conversion
BHST
BHST
MATH
MATH
Q3 25
Q2 25
Q1 25
1.64×
Q3 24
-2.66×
Q2 24

Financial Flow Comparison

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

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