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Side-by-side financial comparison of Bitcoin Depot Inc. (BTM) and ENNIS, INC. (EBF). Click either name above to swap in a different company.

Bitcoin Depot Inc. is the larger business by last-quarter revenue ($162.5M vs $100.2M, roughly 1.6× ENNIS, INC.). ENNIS, INC. runs the higher net margin — 10.8% vs 3.4%, a 7.4% gap on every dollar of revenue. On growth, Bitcoin Depot Inc. posted the faster year-over-year revenue change (20.1% vs 0.4%). ENNIS, INC. produced more free cash flow last quarter ($15.7M vs $2.5M). Over the past eight quarters, ENNIS, INC.'s revenue compounded faster (1.4% CAGR vs -4.9%).

Bitcoin Depot Inc. is one of the largest cryptocurrency ATM operators across North America. It provides retail consumers with accessible in-person kiosks to buy and sell Bitcoin and other leading digital assets, alongside online crypto purchase services via bank transfer. Its self-service kiosks are located in high-traffic retail spaces including grocery stores, gas stations and convenience stores.

ENNIS, INC. (ticker EBF) is a leading North American provider of printed business products and related services. Its offerings include custom business forms, pressure-sensitive labels, marketing collateral, promotional items, and branded packaging, serving clients across retail, healthcare, financial services, and small business segments.

BTM vs EBF — Head-to-Head

Bigger by revenue
BTM
BTM
1.6× larger
BTM
$162.5M
$100.2M
EBF
Growing faster (revenue YoY)
BTM
BTM
+19.7% gap
BTM
20.1%
0.4%
EBF
Higher net margin
EBF
EBF
7.4% more per $
EBF
10.8%
3.4%
BTM
More free cash flow
EBF
EBF
$13.2M more FCF
EBF
$15.7M
$2.5M
BTM
Faster 2-yr revenue CAGR
EBF
EBF
Annualised
EBF
1.4%
-4.9%
BTM

Income Statement — Q3 FY2025 vs Q3 FY2026

Metric
BTM
BTM
EBF
EBF
Revenue
$162.5M
$100.2M
Net Profit
$5.5M
$10.8M
Gross Margin
31.9%
Operating Margin
7.3%
15.0%
Net Margin
3.4%
10.8%
Revenue YoY
20.1%
0.4%
Net Profit YoY
690.4%
6.1%
EPS (diluted)
$0.08
$0.42

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
BTM
BTM
EBF
EBF
Q4 25
$100.2M
Q3 25
$162.5M
$98.7M
Q2 25
$172.1M
$97.2M
Q1 25
$164.2M
$92.7M
Q4 24
$99.8M
Q3 24
$135.3M
$99.0M
Q2 24
$163.1M
$103.1M
Q1 24
$138.5M
$97.4M
Net Profit
BTM
BTM
EBF
EBF
Q4 25
$10.8M
Q3 25
$5.5M
$13.2M
Q2 25
$6.1M
$9.8M
Q1 25
$4.2M
$9.0M
Q4 24
$10.2M
Q3 24
$-939.0K
$10.3M
Q2 24
$-2.6M
$10.7M
Q1 24
$-1.5M
$10.1M
Gross Margin
BTM
BTM
EBF
EBF
Q4 25
31.9%
Q3 25
30.5%
Q2 25
31.1%
Q1 25
29.5%
Q4 24
29.3%
Q3 24
30.1%
Q2 24
30.0%
Q1 24
28.4%
Operating Margin
BTM
BTM
EBF
EBF
Q4 25
15.0%
Q3 25
7.3%
12.5%
Q2 25
9.2%
13.7%
Q1 25
10.8%
13.0%
Q4 24
13.1%
Q3 24
4.1%
13.3%
Q2 24
4.7%
13.3%
Q1 24
0.5%
13.3%
Net Margin
BTM
BTM
EBF
EBF
Q4 25
10.8%
Q3 25
3.4%
13.3%
Q2 25
3.5%
10.1%
Q1 25
2.6%
9.7%
Q4 24
10.2%
Q3 24
-0.7%
10.4%
Q2 24
-1.6%
10.4%
Q1 24
-1.1%
10.4%
EPS (diluted)
BTM
BTM
EBF
EBF
Q4 25
$0.42
Q3 25
$0.08
$0.51
Q2 25
$0.16
$0.38
Q1 25
$0.20
$0.34
Q4 24
$0.39
Q3 24
$-0.05
$0.40
Q2 24
$-0.13
$0.41
Q1 24
$-0.25
$0.39

Balance Sheet & Financial Strength

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

Metric
BTM
BTM
EBF
EBF
Cash + ST InvestmentsLiquidity on hand
$59.3M
$31.3M
Total DebtLower is stronger
$67.5M
Stockholders' EquityBook value
$21.0M
$304.8M
Total Assets
$125.3M
$354.3M
Debt / EquityLower = less leverage
3.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BTM
BTM
EBF
EBF
Q4 25
$31.3M
Q3 25
$59.3M
$31.9M
Q2 25
$48.0M
$32.6M
Q1 25
$35.0M
$72.5M
Q4 24
$68.6M
Q3 24
$32.2M
$122.6M
Q2 24
$43.9M
$123.7M
Q1 24
$42.2M
$110.9M
Total Debt
BTM
BTM
EBF
EBF
Q4 25
Q3 25
$67.5M
Q2 25
$66.5M
Q1 25
$56.2M
Q4 24
Q3 24
$44.5M
Q2 24
$41.2M
Q1 24
$37.6M
Stockholders' Equity
BTM
BTM
EBF
EBF
Q4 25
$304.8M
Q3 25
$21.0M
$305.4M
Q2 25
$4.7M
$301.2M
Q1 25
$-4.6M
$302.0M
Q4 24
$297.7M
Q3 24
$-7.9M
$358.4M
Q2 24
$4.4M
$354.4M
Q1 24
$5.0M
$349.8M
Total Assets
BTM
BTM
EBF
EBF
Q4 25
$354.3M
Q3 25
$125.3M
$361.8M
Q2 25
$109.1M
$361.7M
Q1 25
$89.7M
$348.9M
Q4 24
$346.1M
Q3 24
$87.4M
$406.8M
Q2 24
$97.5M
$406.2M
Q1 24
$90.1M
$399.2M
Debt / Equity
BTM
BTM
EBF
EBF
Q4 25
Q3 25
3.21×
Q2 25
14.18×
Q1 25
Q4 24
Q3 24
Q2 24
9.27×
Q1 24
7.54×

Cash Flow & Capital Efficiency

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

Metric
BTM
BTM
EBF
EBF
Operating Cash FlowLast quarter
$6.6M
$16.4M
Free Cash FlowOCF − Capex
$2.5M
$15.7M
FCF MarginFCF / Revenue
1.6%
15.7%
Capex IntensityCapex / Revenue
2.5%
0.7%
Cash ConversionOCF / Net Profit
1.20×
1.52×
TTM Free Cash FlowTrailing 4 quarters
$27.1M
$42.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BTM
BTM
EBF
EBF
Q4 25
$16.4M
Q3 25
$6.6M
$10.5M
Q2 25
$10.2M
$8.0M
Q1 25
$16.3M
$12.8M
Q4 24
$18.2M
Q3 24
$5.8M
$11.8M
Q2 24
$10.1M
$23.1M
Q1 24
$1.3M
$16.6M
Free Cash Flow
BTM
BTM
EBF
EBF
Q4 25
$15.7M
Q3 25
$2.5M
$9.0M
Q2 25
$9.8M
$6.6M
Q1 25
$15.9M
$11.1M
Q4 24
$17.5M
Q3 24
$-1.0M
$10.7M
Q2 24
$7.6M
$20.6M
Q1 24
$789.0K
$15.0M
FCF Margin
BTM
BTM
EBF
EBF
Q4 25
15.7%
Q3 25
1.6%
9.2%
Q2 25
5.7%
6.8%
Q1 25
9.7%
12.0%
Q4 24
17.6%
Q3 24
-0.8%
10.8%
Q2 24
4.7%
20.0%
Q1 24
0.6%
15.3%
Capex Intensity
BTM
BTM
EBF
EBF
Q4 25
0.7%
Q3 25
2.5%
1.4%
Q2 25
0.2%
1.4%
Q1 25
0.2%
1.8%
Q4 24
0.6%
Q3 24
5.0%
1.1%
Q2 24
1.5%
2.4%
Q1 24
0.4%
1.7%
Cash Conversion
BTM
BTM
EBF
EBF
Q4 25
1.52×
Q3 25
1.20×
0.80×
Q2 25
1.67×
0.81×
Q1 25
3.88×
1.41×
Q4 24
1.78×
Q3 24
1.15×
Q2 24
2.16×
Q1 24
1.63×

Financial Flow Comparison

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

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