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

BIT ORIGIN Ltd is the larger business by last-quarter revenue ($2.9M vs $2.9M, roughly 1.0× TOP Financial Group Ltd). TOP Financial Group Ltd runs the higher net margin — 6.6% vs -244.4%, a 251.0% 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.

Sun Life Financial Inc. is a Canadian financial services company headquartered in Toronto, Ontario. Founded in 1865, it operates internationally in life insurance, wealth management, and asset management. As of 2024, the company manages over CAD$1.3 trillion in assets and serves clients in Canada, the United States, Asia, and other markets.

BTOG vs TOP — Head-to-Head

Bigger by revenue
BTOG
BTOG
1.0× larger
BTOG
$2.9M
$2.9M
TOP
Higher net margin
TOP
TOP
251.0% more per $
TOP
6.6%
-244.4%
BTOG

Income Statement — Q2 FY2024 vs Q2 FY2026

Metric
BTOG
BTOG
TOP
TOP
Revenue
$2.9M
$2.9M
Net Profit
$-7.1M
$190.5K
Gross Margin
Operating Margin
-233.8%
Net Margin
-244.4%
6.6%
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
TOP
TOP
Cash + ST InvestmentsLiquidity on hand
$6.9M
$14.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$9.0M
$35.0M
Total Assets
$13.5M
$64.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BTOG
BTOG
TOP
TOP
Q3 25
$14.8M
Q4 23
$6.9M
Stockholders' Equity
BTOG
BTOG
TOP
TOP
Q3 25
$35.0M
Q4 23
$9.0M
Total Assets
BTOG
BTOG
TOP
TOP
Q3 25
$64.1M
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
TOP
TOP
Operating Cash FlowLast quarter
$-4.6M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BTOG
BTOG
TOP
TOP
Q3 25
Q4 23
$-4.6M

Financial Flow Comparison

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

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