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Side-by-side financial comparison of BIT ORIGIN Ltd (BTOG) and Camden Property Trust (CPT). Click either name above to swap in a different company.

Camden Property Trust is the larger business by last-quarter revenue ($5.3M vs $2.9M, roughly 1.8× BIT ORIGIN Ltd). Camden Property Trust runs the higher net margin — 2954.1% vs -244.4%, a 3198.5% gap on every dollar of revenue.

Origin Systems, Inc. was an American video game developer based in Austin, Texas. It was founded on March 3, 1983, by Richard Garriott and his brother Robert. Origin is best known for their groundbreaking work in multiple genres of video games, such as the Ultima and Wing Commander series. The company was purchased by Electronic Arts in 1992.

Camden Property Trust is a publicly traded real estate investment trust that invests in apartments in the United States. As of December 31, 2023, the company owned interests in 176 apartment communities containing 59,800 apartment homes in the United States. It is the 14th largest owner of apartments in the United States.

BTOG vs CPT — Head-to-Head

Bigger by revenue
CPT
CPT
1.8× larger
CPT
$5.3M
$2.9M
BTOG
Higher net margin
CPT
CPT
3198.5% more per $
CPT
2954.1%
-244.4%
BTOG

Income Statement — Q2 FY2024 vs Q4 FY2025

Metric
BTOG
BTOG
CPT
CPT
Revenue
$2.9M
$5.3M
Net Profit
$-7.1M
$156.0M
Gross Margin
Operating Margin
-233.8%
Net Margin
-244.4%
2954.1%
Revenue YoY
243.0%
Net Profit YoY
283.5%
EPS (diluted)
$-1.99
$1.44

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
BTOG
BTOG
CPT
CPT
Q4 25
$5.3M
Q3 25
$2.6M
Q2 25
$2.6M
Q1 25
$2.5M
Q4 24
$1.5M
Q3 24
$1.7M
Q2 24
$2.6M
Q1 24
$1.3M
Net Profit
BTOG
BTOG
CPT
CPT
Q4 25
$156.0M
Q3 25
$108.9M
Q2 25
$80.7M
Q1 25
$38.8M
Q4 24
$40.7M
Q3 24
$-4.2M
Q2 24
$42.9M
Q1 24
$83.9M
Net Margin
BTOG
BTOG
CPT
CPT
Q4 25
2954.1%
Q3 25
4246.9%
Q2 25
3063.8%
Q1 25
1561.0%
Q4 24
2642.3%
Q3 24
-246.3%
Q2 24
1646.9%
Q1 24
6533.4%
EPS (diluted)
BTOG
BTOG
CPT
CPT
Q4 25
$1.44
Q3 25
$1.00
Q2 25
$0.74
Q1 25
$0.36
Q4 24
$0.37
Q3 24
$-0.04
Q2 24
$0.40
Q1 24
$0.77

Balance Sheet & Financial Strength

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

Metric
BTOG
BTOG
CPT
CPT
Cash + ST InvestmentsLiquidity on hand
$6.9M
$25.2M
Total DebtLower is stronger
$3.9B
Stockholders' EquityBook value
$9.0M
$4.4B
Total Assets
$13.5M
$9.0B
Debt / EquityLower = less leverage
0.89×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BTOG
BTOG
CPT
CPT
Q4 25
$25.2M
Q3 25
$25.9M
Q2 25
$33.1M
Q1 25
$26.2M
Q4 24
$21.0M
Q3 24
$31.2M
Q2 24
$93.9M
Q1 24
$92.7M
Total Debt
BTOG
BTOG
CPT
CPT
Q4 25
$3.9B
Q3 25
$3.7B
Q2 25
$3.8B
Q1 25
$3.7B
Q4 24
$3.5B
Q3 24
$3.5B
Q2 24
$3.6B
Q1 24
$3.6B
Stockholders' Equity
BTOG
BTOG
CPT
CPT
Q4 25
$4.4B
Q3 25
$4.5B
Q2 25
$4.6B
Q1 25
$4.6B
Q4 24
$4.7B
Q3 24
$4.7B
Q2 24
$4.9B
Q1 24
$4.9B
Total Assets
BTOG
BTOG
CPT
CPT
Q4 25
$9.0B
Q3 25
$9.1B
Q2 25
$9.1B
Q1 25
$9.0B
Q4 24
$8.9B
Q3 24
$8.9B
Q2 24
$9.1B
Q1 24
$9.1B
Debt / Equity
BTOG
BTOG
CPT
CPT
Q4 25
0.89×
Q3 25
0.82×
Q2 25
0.83×
Q1 25
0.81×
Q4 24
0.75×
Q3 24
0.73×
Q2 24
0.73×
Q1 24
0.72×

Cash Flow & Capital Efficiency

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

Metric
BTOG
BTOG
CPT
CPT
Operating Cash FlowLast quarter
$-4.6M
$826.6M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
5.30×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BTOG
BTOG
CPT
CPT
Q4 25
$826.6M
Q3 25
$250.9M
Q2 25
$230.7M
Q1 25
$148.2M
Q4 24
$774.9M
Q3 24
$261.6M
Q2 24
$225.1M
Q1 24
$135.9M
Cash Conversion
BTOG
BTOG
CPT
CPT
Q4 25
5.30×
Q3 25
2.30×
Q2 25
2.86×
Q1 25
3.82×
Q4 24
19.04×
Q3 24
Q2 24
5.24×
Q1 24
1.62×

Financial Flow Comparison

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

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