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Side-by-side financial comparison of Bitcoin Depot Inc. (BTM) and VAALCO ENERGY INC (EGY). Click either name above to swap in a different company.
Bitcoin Depot Inc. is the larger business by last-quarter revenue ($162.5M vs $91.0M, roughly 1.8× VAALCO ENERGY INC). Bitcoin Depot Inc. runs the higher net margin — 3.4% vs -64.4%, a 67.8% gap on every dollar of revenue. On growth, Bitcoin Depot Inc. posted the faster year-over-year revenue change (20.1% vs -25.2%). Over the past eight quarters, VAALCO ENERGY INC's revenue compounded faster (-4.7% 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.
VAALCO Energy is a company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Houston, Texas with operations primarily in the Etame Marin block offshore Gabon.
BTM vs EGY — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $162.5M | $91.0M |
| Net Profit | $5.5M | $-58.6M |
| Gross Margin | — | — |
| Operating Margin | 7.3% | -71.3% |
| Net Margin | 3.4% | -64.4% |
| Revenue YoY | 20.1% | -25.2% |
| Net Profit YoY | 690.4% | -602.5% |
| EPS (diluted) | $0.08 | $-0.56 |
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 | — | $91.0M | ||
| Q3 25 | $162.5M | $61.0M | ||
| Q2 25 | $172.1M | $96.9M | ||
| Q1 25 | $164.2M | $110.3M | ||
| Q4 24 | — | $121.7M | ||
| Q3 24 | $135.3M | $140.3M | ||
| Q2 24 | $163.1M | $116.8M | ||
| Q1 24 | $138.5M | $100.2M |
| Q4 25 | — | $-58.6M | ||
| Q3 25 | $5.5M | $1.1M | ||
| Q2 25 | $6.1M | $8.4M | ||
| Q1 25 | $4.2M | $7.7M | ||
| Q4 24 | — | $11.7M | ||
| Q3 24 | $-939.0K | $11.0M | ||
| Q2 24 | $-2.6M | $28.2M | ||
| Q1 24 | $-1.5M | $7.7M |
| Q4 25 | — | -71.3% | ||
| Q3 25 | 7.3% | 1.5% | ||
| Q2 25 | 9.2% | 17.7% | ||
| Q1 25 | 10.8% | 23.7% | ||
| Q4 24 | — | 32.7% | ||
| Q3 24 | 4.1% | 31.4% | ||
| Q2 24 | 4.7% | 17.5% | ||
| Q1 24 | 0.5% | 32.1% |
| Q4 25 | — | -64.4% | ||
| Q3 25 | 3.4% | 1.8% | ||
| Q2 25 | 3.5% | 8.6% | ||
| Q1 25 | 2.6% | 7.0% | ||
| Q4 24 | — | 9.6% | ||
| Q3 24 | -0.7% | 7.8% | ||
| Q2 24 | -1.6% | 24.1% | ||
| Q1 24 | -1.1% | 7.7% |
| Q4 25 | — | $-0.56 | ||
| Q3 25 | $0.08 | $0.01 | ||
| Q2 25 | $0.16 | $0.08 | ||
| Q1 25 | $0.20 | $0.07 | ||
| Q4 24 | — | $0.12 | ||
| Q3 24 | $-0.05 | $0.10 | ||
| Q2 24 | $-0.13 | $0.27 | ||
| Q1 24 | $-0.25 | $0.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $59.3M | $58.9M |
| Total DebtLower is stronger | $67.5M | $60.0M |
| Stockholders' EquityBook value | $21.0M | $443.5M |
| Total Assets | $125.3M | $913.4M |
| Debt / EquityLower = less leverage | 3.21× | 0.14× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $58.9M | ||
| Q3 25 | $59.3M | $24.0M | ||
| Q2 25 | $48.0M | $67.9M | ||
| Q1 25 | $35.0M | $40.9M | ||
| Q4 24 | — | $82.7M | ||
| Q3 24 | $32.2M | $89.1M | ||
| Q2 24 | $43.9M | $62.9M | ||
| Q1 24 | $42.2M | $113.3M |
| Q4 25 | — | $60.0M | ||
| Q3 25 | $67.5M | $60.0M | ||
| Q2 25 | $66.5M | $60.0M | ||
| Q1 25 | $56.2M | $0 | ||
| Q4 24 | — | $0 | ||
| Q3 24 | $44.5M | $0 | ||
| Q2 24 | $41.2M | $0 | ||
| Q1 24 | $37.6M | $0 |
| Q4 25 | — | $443.5M | ||
| Q3 25 | $21.0M | $505.9M | ||
| Q2 25 | $4.7M | $511.6M | ||
| Q1 25 | $-4.6M | $504.1M | ||
| Q4 24 | — | $501.6M | ||
| Q3 24 | $-7.9M | $501.0M | ||
| Q2 24 | $4.4M | $493.6M | ||
| Q1 24 | $5.0M | $472.6M |
| Q4 25 | — | $913.4M | ||
| Q3 25 | $125.3M | $950.4M | ||
| Q2 25 | $109.1M | $964.9M | ||
| Q1 25 | $89.7M | $927.1M | ||
| Q4 24 | — | $955.0M | ||
| Q3 24 | $87.4M | $937.9M | ||
| Q2 24 | $97.5M | $917.4M | ||
| Q1 24 | $90.1M | $809.1M |
| Q4 25 | — | 0.14× | ||
| Q3 25 | 3.21× | 0.12× | ||
| Q2 25 | 14.18× | 0.12× | ||
| Q1 25 | — | 0.00× | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | 9.27× | 0.00× | ||
| Q1 24 | 7.54× | 0.00× |
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 | $6.6M | $145.2M |
| Free Cash FlowOCF − Capex | $2.5M | — |
| FCF MarginFCF / Revenue | 1.6% | — |
| Capex IntensityCapex / Revenue | 2.5% | — |
| Cash ConversionOCF / Net Profit | 1.20× | — |
| TTM Free Cash FlowTrailing 4 quarters | $27.1M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $145.2M | ||
| Q3 25 | $6.6M | $16.4M | ||
| Q2 25 | $10.2M | $18.3M | ||
| Q1 25 | $16.3M | $32.7M | ||
| Q4 24 | — | $44.5M | ||
| Q3 24 | $5.8M | $47.8M | ||
| Q2 24 | $10.1M | $-438.0K | ||
| Q1 24 | $1.3M | $21.8M |
| Q4 25 | — | — | ||
| Q3 25 | $2.5M | — | ||
| Q2 25 | $9.8M | — | ||
| Q1 25 | $15.9M | $29.7M | ||
| Q4 24 | — | — | ||
| Q3 24 | $-1.0M | — | ||
| Q2 24 | $7.6M | — | ||
| Q1 24 | $789.0K | — |
| Q4 25 | — | — | ||
| Q3 25 | 1.6% | — | ||
| Q2 25 | 5.7% | — | ||
| Q1 25 | 9.7% | 26.9% | ||
| Q4 24 | — | — | ||
| Q3 24 | -0.8% | — | ||
| Q2 24 | 4.7% | — | ||
| Q1 24 | 0.6% | — |
| Q4 25 | — | — | ||
| Q3 25 | 2.5% | — | ||
| Q2 25 | 0.2% | — | ||
| Q1 25 | 0.2% | 2.7% | ||
| Q4 24 | — | — | ||
| Q3 24 | 5.0% | — | ||
| Q2 24 | 1.5% | — | ||
| Q1 24 | 0.4% | — |
| Q4 25 | — | — | ||
| Q3 25 | 1.20× | 14.94× | ||
| Q2 25 | 1.67× | 2.19× | ||
| Q1 25 | 3.88× | 4.23× | ||
| Q4 24 | — | 3.82× | ||
| Q3 24 | — | 4.35× | ||
| Q2 24 | — | -0.02× | ||
| Q1 24 | — | 2.84× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BTM
Segment breakdown not available.
EGY
| Crude Oil Sales And Purchase Agreements | $54.8M | 60% |
| Other | $31.9M | 35% |
| Crude Oil | $3.0M | 3% |
| Natural Gas Liquids Reserves | $1.4M | 2% |