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Side-by-side financial comparison of Black Hawk Acquisition Corp (BKHA) and Pintec Technology Holdings Ltd (JF). Click either name above to swap in a different company.

Pintec Technology Holdings Ltd is the larger business by last-quarter revenue ($295.2K vs $230.6K, roughly 1.3× Black Hawk Acquisition Corp). Black Hawk Acquisition Corp runs the higher net margin — -1.6% vs -31.0%, a 29.4% gap on every dollar of revenue.

Pintec Technology Holdings Ltd is a fintech SaaS provider offering end-to-end digital financial solutions. Its core services include intelligent risk management, digital lending facilitation, and wealth management tools, serving banks, consumer finance firms and e-commerce platforms primarily in the Chinese market.

BKHA vs JF — Head-to-Head

Bigger by revenue
JF
JF
1.3× larger
JF
$295.2K
$230.6K
BKHA
Higher net margin
BKHA
BKHA
29.4% more per $
BKHA
-1.6%
-31.0%
JF

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
BKHA
BKHA
JF
JF
Revenue
$230.6K
$295.2K
Net Profit
$-3.8K
$-91.6K
Gross Margin
60.9%
Operating Margin
-94.5%
-47.2%
Net Margin
-1.6%
-31.0%
Revenue YoY
Net Profit YoY
-100.5%
EPS (diluted)
$0.00

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
BKHA
BKHA
JF
JF
Q4 25
$230.6K
Q3 25
$494.5K
Q2 25
$767.6K
$295.2K
Q1 25
$765.9K
Q3 24
$965.5K
Q2 24
$668.2K
$289.0K
Net Profit
BKHA
BKHA
JF
JF
Q4 25
$-3.8K
Q3 25
$154.4K
Q2 25
$520.5K
$-91.6K
Q1 25
$658.4K
Q3 24
$883.8K
Q2 24
$310.9K
$-161.6K
Gross Margin
BKHA
BKHA
JF
JF
Q4 25
Q3 25
Q2 25
60.9%
Q1 25
Q3 24
Q2 24
59.6%
Operating Margin
BKHA
BKHA
JF
JF
Q4 25
-94.5%
Q3 25
-69.0%
Q2 25
-32.3%
-47.2%
Q1 25
-14.2%
Q3 24
-8.8%
Q2 24
-53.8%
-51.1%
Net Margin
BKHA
BKHA
JF
JF
Q4 25
-1.6%
Q3 25
31.2%
Q2 25
67.8%
-31.0%
Q1 25
86.0%
Q3 24
91.5%
Q2 24
46.5%
-55.9%
EPS (diluted)
BKHA
BKHA
JF
JF
Q4 25
Q3 25
Q2 25
$0.00
Q1 25
Q3 24
Q2 24
$0.00

Balance Sheet & Financial Strength

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

Metric
BKHA
BKHA
JF
JF
Cash + ST InvestmentsLiquidity on hand
$653.0K
Total DebtLower is stronger
Stockholders' EquityBook value
$-3.8M
Total Assets
$23.9M
$1.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BKHA
BKHA
JF
JF
Q4 25
Q3 25
Q2 25
$653.0K
Q1 25
Q3 24
Q2 24
$863.7K
Stockholders' Equity
BKHA
BKHA
JF
JF
Q4 25
$-3.8M
Q3 25
$-3.3M
Q2 25
$-2.5M
Q1 25
$-2.3M
Q3 24
$-2.1M
Q2 24
$-2.0M
Total Assets
BKHA
BKHA
JF
JF
Q4 25
$23.9M
Q3 25
$23.3M
Q2 25
$73.5M
$1.9M
Q1 25
$72.8M
Q3 24
$71.4M
Q2 24
$70.5M
$2.2M

Cash Flow & Capital Efficiency

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

Metric
BKHA
BKHA
JF
JF
Operating Cash FlowLast quarter
$-100.5K
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
BKHA
BKHA
JF
JF
Q4 25
$-100.5K
Q3 25
$-107.9K
Q2 25
$-278.6K
Q1 25
$-163.3K
Q3 24
$-42.8K
Q2 24
$-414.2K
Cash Conversion
BKHA
BKHA
JF
JF
Q4 25
Q3 25
-0.70×
Q2 25
-0.54×
Q1 25
-0.25×
Q3 24
-0.05×
Q2 24
-1.33×

Financial Flow Comparison

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

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