vs

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

POWER SOLUTIONS INTERNATIONAL, INC. is the larger business by last-quarter revenue ($191.2M vs $162.5M, roughly 1.2× Bitcoin Depot Inc.). POWER SOLUTIONS INTERNATIONAL, INC. runs the higher net margin — 8.4% vs 3.4%, a 5.0% gap on every dollar of revenue. On growth, POWER SOLUTIONS INTERNATIONAL, INC. posted the faster year-over-year revenue change (32.5% vs 20.1%). Bitcoin Depot Inc. produced more free cash flow last quarter ($2.5M vs $-7.6M). Over the past eight quarters, POWER SOLUTIONS INTERNATIONAL, INC.'s revenue compounded faster (41.7% 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.

Adani Energy Solutions Ltd, formerly known as Adani Transmission Ltd, is an electric power transmission and distribution company headquartered in Ahmedabad. As of April 2025, the company operates a cumulative transmission network of 26,696 circuit kilometers and is one of the largest private sector power transmission companies operating in India.

BTM vs PSIX — Head-to-Head

Bigger by revenue
PSIX
PSIX
1.2× larger
PSIX
$191.2M
$162.5M
BTM
Growing faster (revenue YoY)
PSIX
PSIX
+12.4% gap
PSIX
32.5%
20.1%
BTM
Higher net margin
PSIX
PSIX
5.0% more per $
PSIX
8.4%
3.4%
BTM
More free cash flow
BTM
BTM
$10.2M more FCF
BTM
$2.5M
$-7.6M
PSIX
Faster 2-yr revenue CAGR
PSIX
PSIX
Annualised
PSIX
41.7%
-4.9%
BTM

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
BTM
BTM
PSIX
PSIX
Revenue
$162.5M
$191.2M
Net Profit
$5.5M
$16.1M
Gross Margin
21.9%
Operating Margin
7.3%
12.7%
Net Margin
3.4%
8.4%
Revenue YoY
20.1%
32.5%
Net Profit YoY
690.4%
-31.0%
EPS (diluted)
$0.08
$0.69

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
PSIX
PSIX
Q4 25
$191.2M
Q3 25
$162.5M
$203.8M
Q2 25
$172.1M
$191.9M
Q1 25
$164.2M
$135.4M
Q4 24
$144.3M
Q3 24
$135.3M
$125.8M
Q2 24
$163.1M
$110.6M
Q1 24
$138.5M
$95.2M
Net Profit
BTM
BTM
PSIX
PSIX
Q4 25
$16.1M
Q3 25
$5.5M
$27.6M
Q2 25
$6.1M
$51.2M
Q1 25
$4.2M
$19.1M
Q4 24
$23.3M
Q3 24
$-939.0K
$17.3M
Q2 24
$-2.6M
$21.5M
Q1 24
$-1.5M
$7.1M
Gross Margin
BTM
BTM
PSIX
PSIX
Q4 25
21.9%
Q3 25
23.9%
Q2 25
28.2%
Q1 25
29.7%
Q4 24
29.9%
Q3 24
28.9%
Q2 24
31.8%
Q1 24
27.0%
Operating Margin
BTM
BTM
PSIX
PSIX
Q4 25
12.7%
Q3 25
7.3%
13.9%
Q2 25
9.2%
16.9%
Q1 25
10.8%
18.2%
Q4 24
17.5%
Q3 24
4.1%
16.3%
Q2 24
4.7%
22.9%
Q1 24
0.5%
11.2%
Net Margin
BTM
BTM
PSIX
PSIX
Q4 25
8.4%
Q3 25
3.4%
13.5%
Q2 25
3.5%
26.7%
Q1 25
2.6%
14.1%
Q4 24
16.1%
Q3 24
-0.7%
13.8%
Q2 24
-1.6%
19.5%
Q1 24
-1.1%
7.5%
EPS (diluted)
BTM
BTM
PSIX
PSIX
Q4 25
$0.69
Q3 25
$0.08
$1.20
Q2 25
$0.16
$2.22
Q1 25
$0.20
$0.83
Q4 24
$1.01
Q3 24
$-0.05
$0.75
Q2 24
$-0.13
$0.94
Q1 24
$-0.25
$0.31

Balance Sheet & Financial Strength

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

Metric
BTM
BTM
PSIX
PSIX
Cash + ST InvestmentsLiquidity on hand
$59.3M
$41.3M
Total DebtLower is stronger
$67.5M
$96.6M
Stockholders' EquityBook value
$21.0M
$178.6M
Total Assets
$125.3M
$424.7M
Debt / EquityLower = less leverage
3.21×
0.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BTM
BTM
PSIX
PSIX
Q4 25
$41.3M
Q3 25
$59.3M
$49.0M
Q2 25
$48.0M
$49.5M
Q1 25
$35.0M
$50.0M
Q4 24
$55.3M
Q3 24
$32.2M
$40.5M
Q2 24
$43.9M
$28.8M
Q1 24
$42.2M
$33.1M
Total Debt
BTM
BTM
PSIX
PSIX
Q4 25
$96.6M
Q3 25
$67.5M
$96.7M
Q2 25
$66.5M
$1.8M
Q1 25
$56.2M
$1.0M
Q4 24
$184.0K
Q3 24
$44.5M
$238.0K
Q2 24
$41.2M
$292.0K
Q1 24
$37.6M
$345.0K
Stockholders' Equity
BTM
BTM
PSIX
PSIX
Q4 25
$178.6M
Q3 25
$21.0M
$162.5M
Q2 25
$4.7M
$135.7M
Q1 25
$-4.6M
$84.3M
Q4 24
$65.3M
Q3 24
$-7.9M
$42.1M
Q2 24
$4.4M
$24.8M
Q1 24
$5.0M
$3.2M
Total Assets
BTM
BTM
PSIX
PSIX
Q4 25
$424.7M
Q3 25
$125.3M
$458.9M
Q2 25
$109.1M
$437.7M
Q1 25
$89.7M
$372.7M
Q4 24
$328.2M
Q3 24
$87.4M
$339.1M
Q2 24
$97.5M
$307.6M
Q1 24
$90.1M
$286.8M
Debt / Equity
BTM
BTM
PSIX
PSIX
Q4 25
0.54×
Q3 25
3.21×
0.60×
Q2 25
14.18×
0.01×
Q1 25
0.01×
Q4 24
0.00×
Q3 24
0.01×
Q2 24
9.27×
0.01×
Q1 24
7.54×
0.11×

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
PSIX
PSIX
Operating Cash FlowLast quarter
$6.6M
$-4.6M
Free Cash FlowOCF − Capex
$2.5M
$-7.6M
FCF MarginFCF / Revenue
1.6%
-4.0%
Capex IntensityCapex / Revenue
2.5%
1.6%
Cash ConversionOCF / Net Profit
1.20×
-0.29×
TTM Free Cash FlowTrailing 4 quarters
$27.1M
$14.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BTM
BTM
PSIX
PSIX
Q4 25
$-4.6M
Q3 25
$6.6M
$3.3M
Q2 25
$10.2M
$16.7M
Q1 25
$16.3M
$8.8M
Q4 24
$32.7M
Q3 24
$5.8M
$12.6M
Q2 24
$10.1M
$1.5M
Q1 24
$1.3M
$15.6M
Free Cash Flow
BTM
BTM
PSIX
PSIX
Q4 25
$-7.6M
Q3 25
$2.5M
$1.7M
Q2 25
$9.8M
$14.6M
Q1 25
$15.9M
$5.4M
Q4 24
$30.0M
Q3 24
$-1.0M
$12.1M
Q2 24
$7.6M
$822.0K
Q1 24
$789.0K
$14.8M
FCF Margin
BTM
BTM
PSIX
PSIX
Q4 25
-4.0%
Q3 25
1.6%
0.8%
Q2 25
5.7%
7.6%
Q1 25
9.7%
4.0%
Q4 24
20.8%
Q3 24
-0.8%
9.7%
Q2 24
4.7%
0.7%
Q1 24
0.6%
15.6%
Capex Intensity
BTM
BTM
PSIX
PSIX
Q4 25
1.6%
Q3 25
2.5%
0.8%
Q2 25
0.2%
1.1%
Q1 25
0.2%
2.5%
Q4 24
1.8%
Q3 24
5.0%
0.3%
Q2 24
1.5%
0.6%
Q1 24
0.4%
0.9%
Cash Conversion
BTM
BTM
PSIX
PSIX
Q4 25
-0.29×
Q3 25
1.20×
0.12×
Q2 25
1.67×
0.33×
Q1 25
3.88×
0.46×
Q4 24
1.40×
Q3 24
0.73×
Q2 24
0.07×
Q1 24
2.20×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BTM
BTM

Segment breakdown not available.

PSIX
PSIX

Energy End Market$153.4M80%
Industrial End Market$33.3M17%
Transportation End Market$4.6M2%

Related Comparisons