vs

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

SAGTEC GLOBAL Ltd is the larger business by last-quarter revenue ($3.8M vs $2.9M, roughly 1.3× BIT ORIGIN Ltd). SAGTEC GLOBAL Ltd runs the higher net margin — 19.7% vs -244.4%, a 264.0% 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.

BTOG vs SAGT — Head-to-Head

Bigger by revenue
SAGT
SAGT
1.3× larger
SAGT
$3.8M
$2.9M
BTOG
Higher net margin
SAGT
SAGT
264.0% more per $
SAGT
19.7%
-244.4%
BTOG

Income Statement — Q2 FY2024 vs Q3 FY2025

Metric
BTOG
BTOG
SAGT
SAGT
Revenue
$2.9M
$3.8M
Net Profit
$-7.1M
$744.4K
Gross Margin
36.4%
Operating Margin
-233.8%
Net Margin
-244.4%
19.7%
Revenue YoY
Net Profit YoY
EPS (diluted)
$-1.99
$0.05

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
SAGT
SAGT
Cash + ST InvestmentsLiquidity on hand
$6.9M
$313.5K
Total DebtLower is stronger
Stockholders' EquityBook value
$9.0M
$11.5M
Total Assets
$13.5M
$14.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BTOG
BTOG
SAGT
SAGT
Q3 25
$313.5K
Q4 23
$6.9M
Stockholders' Equity
BTOG
BTOG
SAGT
SAGT
Q3 25
$11.5M
Q4 23
$9.0M
Total Assets
BTOG
BTOG
SAGT
SAGT
Q3 25
$14.5M
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
SAGT
SAGT
Operating Cash FlowLast quarter
$-4.6M
$5.2M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
6.93×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BTOG
BTOG
SAGT
SAGT
Q3 25
$5.2M
Q4 23
$-4.6M
Cash Conversion
BTOG
BTOG
SAGT
SAGT
Q3 25
6.93×
Q4 23

Financial Flow Comparison

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

Related Comparisons