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Side-by-side financial comparison of BIT ORIGIN Ltd (BTOG) and Robin Energy Ltd. (RBNE). Click either name above to swap in a different company.

Robin Energy Ltd. is the larger business by last-quarter revenue ($3.6M vs $2.9M, roughly 1.2× BIT ORIGIN Ltd).

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.

NextEra Energy, Inc. is an American energy company that is the world's largest electric utility holding company by market capitalization, with a valuation of over $170 billion as of Oct 2024. NextEra Energy had revenues of $24.8 billion and 16,700 employees throughout the US and Canada in 2024. It has a current generating capacity of 73 gigawatts. Its subsidiaries include Florida Power & Light (FPL), NextEra Energy Resources (NEER), XPLR Energy Partners, and NextEra Energy Services.

BTOG vs RBNE — Head-to-Head

Bigger by revenue
RBNE
RBNE
1.2× larger
RBNE
$3.6M
$2.9M
BTOG

Income Statement — Q2 FY2024 vs Q2 FY2025

Metric
BTOG
BTOG
RBNE
RBNE
Revenue
$2.9M
$3.6M
Net Profit
$-7.1M
Gross Margin
Operating Margin
-233.8%
12.1%
Net Margin
-244.4%
Revenue YoY
Net Profit YoY
EPS (diluted)
$-1.99

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

Balance Sheet & Financial Strength

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

Metric
BTOG
BTOG
RBNE
RBNE
Cash + ST InvestmentsLiquidity on hand
$6.9M
$39.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$9.0M
$20.5M
Total Assets
$13.5M
$48.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BTOG
BTOG
RBNE
RBNE
Q2 25
$39.4M
Q4 23
$6.9M
Stockholders' Equity
BTOG
BTOG
RBNE
RBNE
Q2 25
$20.5M
Q4 23
$9.0M
Total Assets
BTOG
BTOG
RBNE
RBNE
Q2 25
$48.6M
Q4 23
$13.5M

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
RBNE
RBNE
Operating Cash FlowLast quarter
$-4.6M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BTOG
BTOG
RBNE
RBNE
Q2 25
Q4 23
$-4.6M
Capex Intensity
BTOG
BTOG
RBNE
RBNE
Q2 25
0.0%
Q4 23

Financial Flow Comparison

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

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