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Side-by-side financial comparison of Bitcoin Depot Inc. (BTM) and LiveRamp Holdings, Inc. (RAMP). Click either name above to swap in a different company.
LiveRamp Holdings, Inc. is the larger business by last-quarter revenue ($212.2M vs $162.5M, roughly 1.3× Bitcoin Depot Inc.). LiveRamp Holdings, Inc. runs the higher net margin — 18.8% vs 3.4%, a 15.4% gap on every dollar of revenue. On growth, Bitcoin Depot Inc. posted the faster year-over-year revenue change (20.1% vs 8.6%). Over the past eight quarters, LiveRamp Holdings, Inc.'s revenue compounded faster (11.1% 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.
LiveRamp Holdings, Inc., is an American SaaS company that offers a data connectivity platform whose services include data onboarding, the transfer of offline data online for marketing purposes.
BTM vs RAMP — Head-to-Head
Income Statement — Q3 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $162.5M | $212.2M |
| Net Profit | $5.5M | $39.9M |
| Gross Margin | — | 71.9% |
| Operating Margin | 7.3% | 18.6% |
| Net Margin | 3.4% | 18.8% |
| Revenue YoY | 20.1% | 8.6% |
| Net Profit YoY | 690.4% | 255.7% |
| EPS (diluted) | $0.08 | $0.62 |
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 | — | $212.2M | ||
| Q3 25 | $162.5M | $199.8M | ||
| Q2 25 | $172.1M | $194.8M | ||
| Q1 25 | $164.2M | $188.7M | ||
| Q4 24 | — | $195.4M | ||
| Q3 24 | $135.3M | $185.5M | ||
| Q2 24 | $163.1M | $176.0M | ||
| Q1 24 | $138.5M | $171.9M |
| Q4 25 | — | $39.9M | ||
| Q3 25 | $5.5M | $27.4M | ||
| Q2 25 | $6.1M | $7.7M | ||
| Q1 25 | $4.2M | $-6.3M | ||
| Q4 24 | — | $11.2M | ||
| Q3 24 | $-939.0K | $1.7M | ||
| Q2 24 | $-2.6M | $-7.5M | ||
| Q1 24 | $-1.5M | $-5.4M |
| Q4 25 | — | 71.9% | ||
| Q3 25 | — | 70.2% | ||
| Q2 25 | — | 70.1% | ||
| Q1 25 | — | 69.3% | ||
| Q4 24 | — | 71.9% | ||
| Q3 24 | — | 72.4% | ||
| Q2 24 | — | 70.6% | ||
| Q1 24 | — | 72.2% |
| Q4 25 | — | 18.6% | ||
| Q3 25 | 7.3% | 10.7% | ||
| Q2 25 | 9.2% | 3.7% | ||
| Q1 25 | 10.8% | -6.1% | ||
| Q4 24 | — | 7.5% | ||
| Q3 24 | 4.1% | 4.0% | ||
| Q2 24 | 4.7% | -3.0% | ||
| Q1 24 | 0.5% | -8.3% |
| Q4 25 | — | 18.8% | ||
| Q3 25 | 3.4% | 13.7% | ||
| Q2 25 | 3.5% | 4.0% | ||
| Q1 25 | 2.6% | -3.3% | ||
| Q4 24 | — | 5.7% | ||
| Q3 24 | -0.7% | 0.9% | ||
| Q2 24 | -1.6% | -4.3% | ||
| Q1 24 | -1.1% | -3.1% |
| Q4 25 | — | $0.62 | ||
| Q3 25 | $0.08 | $0.42 | ||
| Q2 25 | $0.16 | $0.12 | ||
| Q1 25 | $0.20 | $-0.10 | ||
| Q4 24 | — | $0.17 | ||
| Q3 24 | $-0.05 | $0.03 | ||
| Q2 24 | $-0.13 | $-0.11 | ||
| Q1 24 | $-0.25 | $-0.09 |
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 | $403.4M |
| Total DebtLower is stronger | $67.5M | — |
| Stockholders' EquityBook value | $21.0M | $962.3M |
| Total Assets | $125.3M | $1.3B |
| Debt / EquityLower = less leverage | 3.21× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $403.4M | ||
| Q3 25 | $59.3M | $376.9M | ||
| Q2 25 | $48.0M | $371.1M | ||
| Q1 25 | $35.0M | $420.8M | ||
| Q4 24 | — | $384.3M | ||
| Q3 24 | $32.2M | $348.4M | ||
| Q2 24 | $43.9M | $342.7M | ||
| Q1 24 | $42.2M | $368.9M |
| 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 | — |
| Q4 25 | — | $962.3M | ||
| Q3 25 | $21.0M | $943.8M | ||
| Q2 25 | $4.7M | $947.8M | ||
| Q1 25 | $-4.6M | $948.9M | ||
| Q4 24 | — | $957.7M | ||
| Q3 24 | $-7.9M | $932.1M | ||
| Q2 24 | $4.4M | $951.9M | ||
| Q1 24 | $5.0M | $949.1M |
| Q4 25 | — | $1.3B | ||
| Q3 25 | $125.3M | $1.2B | ||
| Q2 25 | $109.1M | $1.2B | ||
| Q1 25 | $89.7M | $1.3B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | $87.4M | $1.2B | ||
| Q2 24 | $97.5M | $1.2B | ||
| Q1 24 | $90.1M | $1.2B |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $6.6M | — |
| Free Cash FlowOCF − Capex | $2.5M | — |
| FCF MarginFCF / Revenue | 1.6% | — |
| Capex IntensityCapex / Revenue | 2.5% | 0.1% |
| Cash ConversionOCF / Net Profit | 1.20× | — |
| TTM Free Cash FlowTrailing 4 quarters | $27.1M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | $6.6M | $57.4M | ||
| Q2 25 | $10.2M | $-15.8M | ||
| Q1 25 | $16.3M | — | ||
| Q4 24 | — | $45.1M | ||
| Q3 24 | $5.8M | $55.6M | ||
| Q2 24 | $10.1M | $-9.3M | ||
| Q1 24 | $1.3M | — |
| Q4 25 | — | — | ||
| Q3 25 | $2.5M | $56.8M | ||
| Q2 25 | $9.8M | $-16.2M | ||
| Q1 25 | $15.9M | — | ||
| Q4 24 | — | $44.8M | ||
| Q3 24 | $-1.0M | $55.4M | ||
| Q2 24 | $7.6M | $-9.6M | ||
| Q1 24 | $789.0K | — |
| Q4 25 | — | — | ||
| Q3 25 | 1.6% | 28.4% | ||
| Q2 25 | 5.7% | -8.3% | ||
| Q1 25 | 9.7% | — | ||
| Q4 24 | — | 22.9% | ||
| Q3 24 | -0.8% | 29.8% | ||
| Q2 24 | 4.7% | -5.4% | ||
| Q1 24 | 0.6% | — |
| Q4 25 | — | 0.1% | ||
| Q3 25 | 2.5% | 0.3% | ||
| Q2 25 | 0.2% | 0.2% | ||
| Q1 25 | 0.2% | 0.2% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | 5.0% | 0.1% | ||
| Q2 24 | 1.5% | 0.1% | ||
| Q1 24 | 0.4% | 1.0% |
| Q4 25 | — | — | ||
| Q3 25 | 1.20× | 2.09× | ||
| Q2 25 | 1.67× | -2.04× | ||
| Q1 25 | 3.88× | — | ||
| Q4 24 | — | 4.02× | ||
| Q3 24 | — | 32.10× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
