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Side-by-side financial comparison of Currenc Group Inc. (CURR) and Falcon's Beyond Global, Inc. (FBYD). Click either name above to swap in a different company.
Currenc Group Inc. is the larger business by last-quarter revenue ($10.1M vs $6.6M, roughly 1.5× Falcon's Beyond Global, Inc.). Falcon's Beyond Global, Inc. runs the higher net margin — -4.5% vs -46.5%, a 42.0% gap on every dollar of revenue. On growth, Falcon's Beyond Global, Inc. posted the faster year-over-year revenue change (383.5% vs -23.3%). Currenc Group Inc. produced more free cash flow last quarter ($-1.7M vs $-4.3M).
500 Global is an early-stage venture fund and seed accelerator founded in 2010 by Dave McClure and Christine Tsai. The fund admitted a first "class" of twelve startups to its incubator office in Mountain View, California in February 2011. They expanded to a second class of 21 in June 2011 and a third class of 34 in October 2011. 500 Global has $2.3 billion in assets under management (AUM) as of March 2024.
CURR vs FBYD — Head-to-Head
Income Statement — Q1 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $10.1M | $6.6M |
| Net Profit | $-4.7M | $-296.0K |
| Gross Margin | 31.8% | — |
| Operating Margin | -43.0% | -30.9% |
| Net Margin | -46.5% | -4.5% |
| Revenue YoY | -23.3% | 383.5% |
| Net Profit YoY | -54.0% | 97.5% |
| EPS (diluted) | $-0.13 | $-0.01 |
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.
| Q4 25 | — | $6.6M | ||
| Q3 25 | — | $4.1M | ||
| Q2 25 | — | $2.5M | ||
| Q1 25 | $10.1M | $1.7M | ||
| Q4 24 | — | $1.4M | ||
| Q3 24 | $11.3M | $2.1M | ||
| Q2 24 | — | $1.8M | ||
| Q1 24 | $13.1M | $1.5M |
| Q4 25 | — | $-296.0K | ||
| Q3 25 | — | $-10.4M | ||
| Q2 25 | — | $25.1M | ||
| Q1 25 | $-4.7M | $-8.1M | ||
| Q4 24 | — | $-11.9M | ||
| Q3 24 | $-5.0M | $39.3M | ||
| Q2 24 | — | $8.0M | ||
| Q1 24 | $-3.0M | $114.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 31.8% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 27.8% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 33.6% | — |
| Q4 25 | — | -30.9% | ||
| Q3 25 | — | -90.9% | ||
| Q2 25 | — | -53.0% | ||
| Q1 25 | -43.0% | -371.1% | ||
| Q4 24 | — | -335.6% | ||
| Q3 24 | -141.5% | -118.9% | ||
| Q2 24 | — | -195.9% | ||
| Q1 24 | -10.8% | -350.5% |
| Q4 25 | — | -4.5% | ||
| Q3 25 | — | -256.8% | ||
| Q2 25 | — | 985.2% | ||
| Q1 25 | -46.5% | -473.8% | ||
| Q4 24 | — | -871.7% | ||
| Q3 24 | -44.1% | 1899.5% | ||
| Q2 24 | — | 446.5% | ||
| Q1 24 | -23.2% | 7521.4% |
| Q4 25 | — | $-0.01 | ||
| Q3 25 | — | $-0.13 | ||
| Q2 25 | — | $0.30 | ||
| Q1 25 | $-0.13 | $-0.13 | ||
| Q4 24 | — | $-0.25 | ||
| Q3 24 | $-0.13 | $0.39 | ||
| Q2 24 | — | $0.00 | ||
| Q1 24 | $-0.09 | $1.27 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $62.3M | $1.9M |
| Total DebtLower is stronger | $3.7M | $15.6M |
| Stockholders' EquityBook value | $-68.4M | $11.9M |
| Total Assets | $110.8M | $66.7M |
| Debt / EquityLower = less leverage | — | 1.31× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.9M | ||
| Q3 25 | — | $4.3M | ||
| Q2 25 | — | $26.1M | ||
| Q1 25 | $62.3M | $1.1M | ||
| Q4 24 | — | $825.0K | ||
| Q3 24 | $49.1M | $828.0K | ||
| Q2 24 | — | $1.7M | ||
| Q1 24 | — | $1.1M |
| Q4 25 | — | $15.6M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $3.7M | — | ||
| Q4 24 | — | $41.2M | ||
| Q3 24 | $20.1M | $10.3M | ||
| Q2 24 | — | $15.7M | ||
| Q1 24 | — | $15.1M |
| Q4 25 | — | $11.9M | ||
| Q3 25 | — | $9.2M | ||
| Q2 25 | — | $414.0K | ||
| Q1 25 | $-68.4M | $-11.6M | ||
| Q4 24 | — | $-9.0M | ||
| Q3 24 | $-47.0M | $-1.4M | ||
| Q2 24 | — | $-44.7M | ||
| Q1 24 | $-10.9M | $-61.7M |
| Q4 25 | — | $66.7M | ||
| Q3 25 | — | $66.8M | ||
| Q2 25 | — | $89.2M | ||
| Q1 25 | $110.8M | $56.7M | ||
| Q4 24 | — | $61.2M | ||
| Q3 24 | $115.0M | $66.5M | ||
| Q2 24 | — | $65.9M | ||
| Q1 24 | $54.5M | $67.8M |
| Q4 25 | — | 1.31× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $-1.5M | $-4.3M |
| Free Cash FlowOCF − Capex | $-1.7M | $-4.3M |
| FCF MarginFCF / Revenue | -16.5% | -66.0% |
| Capex IntensityCapex / Revenue | 1.7% | 0.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $-4.3M | ||
| Q3 25 | — | $-13.3M | ||
| Q2 25 | — | $-7.9M | ||
| Q1 25 | $-1.5M | $945.0K | ||
| Q4 24 | — | $-3.8M | ||
| Q3 24 | $-11.3M | $-2.4M | ||
| Q2 24 | — | $-2.6M | ||
| Q1 24 | $-221.0K | $-3.8M |
| Q4 25 | — | $-4.3M | ||
| Q3 25 | — | $-13.4M | ||
| Q2 25 | — | — | ||
| Q1 25 | $-1.7M | $853.0K | ||
| Q4 24 | — | $-3.8M | ||
| Q3 24 | — | $-2.4M | ||
| Q2 24 | — | $-2.6M | ||
| Q1 24 | $-233.0K | $-3.8M |
| Q4 25 | — | -66.0% | ||
| Q3 25 | — | -329.6% | ||
| Q2 25 | — | — | ||
| Q1 25 | -16.5% | 49.9% | ||
| Q4 24 | — | -278.7% | ||
| Q3 24 | — | -114.9% | ||
| Q2 24 | — | -145.6% | ||
| Q1 24 | -1.8% | -248.8% |
| Q4 25 | — | 0.3% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | — | 0.0% | ||
| Q1 25 | 1.7% | 5.4% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | — | 0.2% | ||
| Q2 24 | — | 0.1% | ||
| Q1 24 | 0.1% | 0.3% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | -0.31× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -0.06× | ||
| Q2 24 | — | -0.33× | ||
| Q1 24 | — | -0.03× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CURR
| Sales Of Airtime | $5.5M | 54% |
| Fiat Remittance Service | $4.4M | 44% |
FBYD
Segment breakdown not available.