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Side-by-side financial comparison of BT Brands, Inc. (BTBD) and INTELLIGENT PROTECTION MANAGEMENT CORP. (IPM). Click either name above to swap in a different company.
INTELLIGENT PROTECTION MANAGEMENT CORP. is the larger business by last-quarter revenue ($6.1M vs $3.9M, roughly 1.6× BT Brands, Inc.). On growth, INTELLIGENT PROTECTION MANAGEMENT CORP. posted the faster year-over-year revenue change (2091.6% vs -11.4%). Over the past eight quarters, INTELLIGENT PROTECTION MANAGEMENT CORP.'s revenue compounded faster (54.7% CAGR vs -1.8%).
BT Brands, Inc.BTBDEarnings & Financial Report
BT Group plc is a British multinational telecommunications holding company headquartered in London, England. It has operations in around 180 countries and is the largest provider of fixed-line, broadband and mobile services in the UK, and also provides subscription television and IT services.
Intelligent Limited is a Holding Company and Parent company headquartered in Gloucestershire, United Kingdom and was incorporated on 21 May 2008. Intelligent Limited provides a group management structure for four companies and was born out of the operations of International Intelligence Limited, a company specialising in Intelligence, Counter Espionage and TSCM sweeping.
BTBD vs IPM — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $3.9M | $6.1M |
| Net Profit | $915.0K | — |
| Gross Margin | — | 53.1% |
| Operating Margin | 19.1% | -13.4% |
| Net Margin | 23.7% | — |
| Revenue YoY | -11.4% | 2091.6% |
| Net Profit YoY | 516.9% | — |
| EPS (diluted) | $0.15 | $-0.05 |
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.
| Q4 25 | — | $6.1M | ||
| Q3 25 | $3.9M | $6.2M | ||
| Q2 25 | $3.8M | $5.7M | ||
| Q1 25 | $3.2M | $5.5M | ||
| Q3 24 | $4.3M | — | ||
| Q2 24 | $4.1M | — | ||
| Q1 24 | $3.2M | — | ||
| Q4 23 | $4.0M | $-7.3M |
| Q4 25 | — | — | ||
| Q3 25 | $915.0K | $-1.1M | ||
| Q2 25 | $55.0K | $-1.1M | ||
| Q1 25 | $-329.8K | $808.5K | ||
| Q3 24 | $-219.5K | — | ||
| Q2 24 | $-70.0K | — | ||
| Q1 24 | $-445.7K | — | ||
| Q4 23 | $-3.5K | — |
| Q4 25 | — | 53.1% | ||
| Q3 25 | — | 50.7% | ||
| Q2 25 | — | 50.1% | ||
| Q1 25 | — | 55.3% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — |
| Q4 25 | — | -13.4% | ||
| Q3 25 | 19.1% | -23.0% | ||
| Q2 25 | -2.0% | -19.7% | ||
| Q1 25 | -9.0% | -24.2% | ||
| Q3 24 | -1.7% | — | ||
| Q2 24 | -4.6% | — | ||
| Q1 24 | -19.8% | — | ||
| Q4 23 | 1.0% | — |
| Q4 25 | — | — | ||
| Q3 25 | 23.7% | -17.4% | ||
| Q2 25 | 1.5% | -18.3% | ||
| Q1 25 | -10.2% | 14.7% | ||
| Q3 24 | -5.0% | — | ||
| Q2 24 | -1.7% | — | ||
| Q1 24 | -14.0% | — | ||
| Q4 23 | -0.1% | — |
| Q4 25 | — | $-0.05 | ||
| Q3 25 | $0.15 | $-0.08 | ||
| Q2 25 | — | $-0.08 | ||
| Q1 25 | — | $0.06 | ||
| Q3 24 | $-0.04 | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | $-0.03 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $3.5M | $5.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $7.7M | $18.2M |
| Total Assets | $11.9M | $26.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $5.6M | ||
| Q3 25 | $3.5M | $7.3M | ||
| Q2 25 | $3.0M | $7.3M | ||
| Q1 25 | $2.7M | $9.7M | ||
| Q3 24 | $2.0M | — | ||
| Q2 24 | $1.5M | — | ||
| Q1 24 | $1.5M | — | ||
| Q4 23 | $1.4M | $13.6M |
| Q4 25 | — | $18.2M | ||
| Q3 25 | $7.7M | $18.8M | ||
| Q2 25 | $6.8M | $19.9M | ||
| Q1 25 | $6.7M | $21.1M | ||
| Q3 24 | $8.5M | — | ||
| Q2 24 | $8.7M | — | ||
| Q1 24 | $8.8M | — | ||
| Q4 23 | $9.6M | $20.1M |
| Q4 25 | — | $26.0M | ||
| Q3 25 | $11.9M | $27.2M | ||
| Q2 25 | $11.2M | $29.8M | ||
| Q1 25 | $11.0M | $31.1M | ||
| Q3 24 | $13.7M | — | ||
| Q2 24 | $14.0M | — | ||
| Q1 24 | $14.0M | — | ||
| Q4 23 | $14.9M | $23.9M |
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 | $325.2K | $87.6K |
| Free Cash FlowOCF − Capex | $261.8K | — |
| FCF MarginFCF / Revenue | 6.8% | — |
| Capex IntensityCapex / Revenue | 1.6% | — |
| Cash ConversionOCF / Net Profit | 0.36× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $87.6K | ||
| Q3 25 | $325.2K | $133.0K | ||
| Q2 25 | $384.4K | $-888.7K | ||
| Q1 25 | $-306.7K | $1.7M | ||
| Q3 24 | $129.3K | — | ||
| Q2 24 | $82.5K | — | ||
| Q1 24 | $-408.9K | — | ||
| Q4 23 | $37.0K | $-99.0K |
| Q4 25 | — | — | ||
| Q3 25 | $261.8K | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $-431.1K | — | ||
| Q3 24 | $50.4K | — | ||
| Q2 24 | $53.7K | — | ||
| Q1 24 | $-521.3K | — | ||
| Q4 23 | $-59.5K | — |
| Q4 25 | — | — | ||
| Q3 25 | 6.8% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -13.3% | — | ||
| Q3 24 | 1.2% | — | ||
| Q2 24 | 1.3% | — | ||
| Q1 24 | -16.3% | — | ||
| Q4 23 | -1.5% | — |
| Q4 25 | — | — | ||
| Q3 25 | 1.6% | 0.0% | ||
| Q2 25 | 0.0% | — | ||
| Q1 25 | 3.8% | — | ||
| Q3 24 | 1.8% | — | ||
| Q2 24 | 0.7% | — | ||
| Q1 24 | 3.5% | — | ||
| Q4 23 | 2.4% | — |
| Q4 25 | — | — | ||
| Q3 25 | 0.36× | — | ||
| Q2 25 | 6.98× | — | ||
| Q1 25 | — | 2.16× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BTBD
Segment breakdown not available.
IPM
| Procurement Revenue | $5.4M | 88% |
| Other | $743.9K | 12% |