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Side-by-side financial comparison of Bitcoin Depot Inc. (BTM) and SunCar Technology Group Inc. (SDA). Click either name above to swap in a different company.

Bitcoin Depot Inc. is the larger business by last-quarter revenue ($162.5M vs $119.7M, roughly 1.4× SunCar Technology Group Inc.). Bitcoin Depot Inc. runs the higher net margin — 3.4% vs -1.6%, a 5.0% gap on every dollar of revenue. Bitcoin Depot Inc. produced more free cash flow last quarter ($2.5M vs $3.0K).

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.

SunCar Technology Group Inc. is a professional automotive digital service provider mainly operating in the Chinese market. It delivers connected car solutions, automotive big data services, and intelligent mobility operation support to automobile manufacturers, fleet operators, and end vehicle users, focusing on improving smart driving experience and automotive digital operation efficiency.

BTM vs SDA — Head-to-Head

Bigger by revenue
BTM
BTM
1.4× larger
BTM
$162.5M
$119.7M
SDA
Higher net margin
BTM
BTM
5.0% more per $
BTM
3.4%
-1.6%
SDA
More free cash flow
BTM
BTM
$2.5M more FCF
BTM
$2.5M
$3.0K
SDA

Income Statement — Q3 FY2025 vs Q2 FY2025

Metric
BTM
BTM
SDA
SDA
Revenue
$162.5M
$119.7M
Net Profit
$5.5M
$-1.9M
Gross Margin
Operating Margin
7.3%
1.5%
Net Margin
3.4%
-1.6%
Revenue YoY
20.1%
Net Profit YoY
690.4%
EPS (diluted)
$0.08

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
SDA
SDA
Q3 25
$162.5M
Q2 25
$172.1M
$119.7M
Q1 25
$164.2M
$102.6M
Q3 24
$135.3M
$109.6M
Q2 24
$163.1M
Q1 24
$138.5M
Q4 23
$148.4M
Q3 23
$179.5M
Net Profit
BTM
BTM
SDA
SDA
Q3 25
$5.5M
Q2 25
$6.1M
$-1.9M
Q1 25
$4.2M
$-3.6M
Q3 24
$-939.0K
$-2.2M
Q2 24
$-2.6M
Q1 24
$-1.5M
Q4 23
$-8.3M
Q3 23
$-7.1M
Operating Margin
BTM
BTM
SDA
SDA
Q3 25
7.3%
Q2 25
9.2%
1.5%
Q1 25
10.8%
-2.9%
Q3 24
4.1%
0.2%
Q2 24
4.7%
Q1 24
0.5%
Q4 23
2.6%
Q3 23
4.1%
Net Margin
BTM
BTM
SDA
SDA
Q3 25
3.4%
Q2 25
3.5%
-1.6%
Q1 25
2.6%
-3.6%
Q3 24
-0.7%
-2.0%
Q2 24
-1.6%
Q1 24
-1.1%
Q4 23
-5.6%
Q3 23
-4.0%
EPS (diluted)
BTM
BTM
SDA
SDA
Q3 25
$0.08
Q2 25
$0.16
Q1 25
$0.20
$-0.03
Q3 24
$-0.05
$-0.01
Q2 24
$-0.13
Q1 24
$-0.25
Q4 23
Q3 23
$-0.43

Balance Sheet & Financial Strength

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

Metric
BTM
BTM
SDA
SDA
Cash + ST InvestmentsLiquidity on hand
$59.3M
$45.7M
Total DebtLower is stronger
$67.5M
Stockholders' EquityBook value
$21.0M
$29.4M
Total Assets
$125.3M
$277.5M
Debt / EquityLower = less leverage
3.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BTM
BTM
SDA
SDA
Q3 25
$59.3M
Q2 25
$48.0M
$45.7M
Q1 25
$35.0M
$60.5M
Q3 24
$32.2M
$42.0M
Q2 24
$43.9M
Q1 24
$42.2M
Q4 23
$29.8M
Q3 23
$29.7M
Total Debt
BTM
BTM
SDA
SDA
Q3 25
$67.5M
Q2 25
$66.5M
Q1 25
$56.2M
Q3 24
$44.5M
Q2 24
$41.2M
Q1 24
$37.6M
Q4 23
$22.5M
Q3 23
$20.8M
Stockholders' Equity
BTM
BTM
SDA
SDA
Q3 25
$21.0M
Q2 25
$4.7M
$29.4M
Q1 25
$-4.6M
$34.8M
Q3 24
$-7.9M
$17.7M
Q2 24
$4.4M
Q1 24
$5.0M
Q4 23
Q3 23
$6.6M
Total Assets
BTM
BTM
SDA
SDA
Q3 25
$125.3M
Q2 25
$109.1M
$277.5M
Q1 25
$89.7M
$276.7M
Q3 24
$87.4M
$252.1M
Q2 24
$97.5M
Q1 24
$90.1M
Q4 23
$74.3M
Q3 23
$78.5M
Debt / Equity
BTM
BTM
SDA
SDA
Q3 25
3.21×
Q2 25
14.18×
Q1 25
Q3 24
Q2 24
9.27×
Q1 24
7.54×
Q4 23
Q3 23
3.15×

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
SDA
SDA
Operating Cash FlowLast quarter
$6.6M
$9.0K
Free Cash FlowOCF − Capex
$2.5M
$3.0K
FCF MarginFCF / Revenue
1.6%
0.0%
Capex IntensityCapex / Revenue
2.5%
0.0%
Cash ConversionOCF / Net Profit
1.20×
TTM Free Cash FlowTrailing 4 quarters
$27.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BTM
BTM
SDA
SDA
Q3 25
$6.6M
Q2 25
$10.2M
$9.0K
Q1 25
$16.3M
$-9.3M
Q3 24
$5.8M
$3.8M
Q2 24
$10.1M
Q1 24
$1.3M
Q4 23
$7.5M
Q3 23
$7.0M
Free Cash Flow
BTM
BTM
SDA
SDA
Q3 25
$2.5M
Q2 25
$9.8M
$3.0K
Q1 25
$15.9M
$-9.3M
Q3 24
$-1.0M
$3.5M
Q2 24
$7.6M
Q1 24
$789.0K
Q4 23
Q3 23
$7.0M
FCF Margin
BTM
BTM
SDA
SDA
Q3 25
1.6%
Q2 25
5.7%
0.0%
Q1 25
9.7%
-9.0%
Q3 24
-0.8%
3.2%
Q2 24
4.7%
Q1 24
0.6%
Q4 23
Q3 23
3.9%
Capex Intensity
BTM
BTM
SDA
SDA
Q3 25
2.5%
Q2 25
0.2%
0.0%
Q1 25
0.2%
0.0%
Q3 24
5.0%
0.3%
Q2 24
1.5%
Q1 24
0.4%
Q4 23
Q3 23
0.0%
Cash Conversion
BTM
BTM
SDA
SDA
Q3 25
1.20×
Q2 25
1.67×
Q1 25
3.88×
Q3 24
Q2 24
Q1 24
Q4 23
Q3 23

Financial Flow Comparison

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

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