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Side-by-side financial comparison of Currenc Group Inc. (CURR) and Alpine Income Property Trust, Inc. (PINE). Click either name above to swap in a different company.

Alpine Income Property Trust, Inc. is the larger business by last-quarter revenue ($18.4M vs $10.1M, roughly 1.8× Currenc Group Inc.). Alpine Income Property Trust, Inc. runs the higher net margin — 11.9% vs -46.5%, a 58.4% gap on every dollar of revenue. On growth, Alpine Income Property Trust, Inc. posted the faster year-over-year revenue change (29.6% vs -23.3%).

Alpine Income Property Trust, Inc. is a publicly traded real estate investment trust that owns and operates a diversified portfolio of single-tenant net lease commercial properties across the United States. Its core asset segments include essential retail, industrial, and suburban office spaces, delivering stable recurring rental revenue to support consistent returns for its shareholders.

CURR vs PINE — Head-to-Head

Bigger by revenue
PINE
PINE
1.8× larger
PINE
$18.4M
$10.1M
CURR
Growing faster (revenue YoY)
PINE
PINE
+52.8% gap
PINE
29.6%
-23.3%
CURR
Higher net margin
PINE
PINE
58.4% more per $
PINE
11.9%
-46.5%
CURR

Income Statement — Q1 FY2025 vs Q1 FY2026

Metric
CURR
CURR
PINE
PINE
Revenue
$10.1M
$18.4M
Net Profit
$-4.7M
$2.2M
Gross Margin
31.8%
Operating Margin
-43.0%
35.4%
Net Margin
-46.5%
11.9%
Revenue YoY
-23.3%
29.6%
Net Profit YoY
-54.0%
285.3%
EPS (diluted)
$-0.13
$0.06

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
CURR
CURR
PINE
PINE
Q1 26
$18.4M
Q4 25
$16.9M
Q3 25
$14.6M
Q2 25
$14.9M
Q1 25
$10.1M
$14.2M
Q4 24
$13.8M
Q3 24
$11.3M
$13.5M
Q2 24
$12.5M
Net Profit
CURR
CURR
PINE
PINE
Q1 26
$2.2M
Q4 25
$1.5M
Q3 25
$-1.3M
Q2 25
$-1.6M
Q1 25
$-4.7M
$-1.2M
Q4 24
$-958.0K
Q3 24
$-5.0M
$3.1M
Q2 24
$204.0K
Gross Margin
CURR
CURR
PINE
PINE
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
31.8%
Q4 24
Q3 24
27.8%
Q2 24
Operating Margin
CURR
CURR
PINE
PINE
Q1 26
35.4%
Q4 25
35.3%
Q3 25
16.6%
Q2 25
16.8%
Q1 25
-43.0%
16.0%
Q4 24
14.3%
Q3 24
-141.5%
47.9%
Q2 24
24.0%
Net Margin
CURR
CURR
PINE
PINE
Q1 26
11.9%
Q4 25
8.7%
Q3 25
-9.0%
Q2 25
-11.0%
Q1 25
-46.5%
-8.3%
Q4 24
-6.9%
Q3 24
-44.1%
22.8%
Q2 24
1.6%
EPS (diluted)
CURR
CURR
PINE
PINE
Q1 26
$0.06
Q4 25
$0.07
Q3 25
$-0.09
Q2 25
$-0.12
Q1 25
$-0.13
$-0.08
Q4 24
$-0.06
Q3 24
$-0.13
$0.21
Q2 24
$0.01

Balance Sheet & Financial Strength

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

Metric
CURR
CURR
PINE
PINE
Cash + ST InvestmentsLiquidity on hand
$62.3M
$2.6M
Total DebtLower is stronger
$3.7M
Stockholders' EquityBook value
$-68.4M
$312.5M
Total Assets
$110.8M
$745.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CURR
CURR
PINE
PINE
Q1 26
$2.6M
Q4 25
$4.6M
Q3 25
$1.2M
Q2 25
$5.0M
Q1 25
$62.3M
$6.1M
Q4 24
$1.6M
Q3 24
$49.1M
$2.6M
Q2 24
$3.3M
Total Debt
CURR
CURR
PINE
PINE
Q1 26
Q4 25
$377.7M
Q3 25
$358.2M
Q2 25
$352.6M
Q1 25
$3.7M
$356.5M
Q4 24
$301.5M
Q3 24
$20.1M
$278.9M
Q2 24
$268.3M
Stockholders' Equity
CURR
CURR
PINE
PINE
Q1 26
$312.5M
Q4 25
$279.9M
Q3 25
$223.5M
Q2 25
$229.8M
Q1 25
$-68.4M
$240.9M
Q4 24
$253.0M
Q3 24
$-47.0M
$248.2M
Q2 24
$244.0M
Total Assets
CURR
CURR
PINE
PINE
Q1 26
$745.1M
Q4 25
$715.9M
Q3 25
$621.4M
Q2 25
$628.4M
Q1 25
$110.8M
$647.4M
Q4 24
$605.0M
Q3 24
$115.0M
$579.0M
Q2 24
$565.8M
Debt / Equity
CURR
CURR
PINE
PINE
Q1 26
Q4 25
1.35×
Q3 25
1.60×
Q2 25
1.53×
Q1 25
1.48×
Q4 24
1.19×
Q3 24
1.12×
Q2 24
1.10×

Cash Flow & Capital Efficiency

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

Metric
CURR
CURR
PINE
PINE
Operating Cash FlowLast quarter
$-1.5M
Free Cash FlowOCF − Capex
$-1.7M
FCF MarginFCF / Revenue
-16.5%
Capex IntensityCapex / Revenue
1.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CURR
CURR
PINE
PINE
Q1 26
Q4 25
$25.8M
Q3 25
$8.7M
Q2 25
$9.1M
Q1 25
$-1.5M
$5.8M
Q4 24
$23.4M
Q3 24
$-11.3M
$6.2M
Q2 24
$8.0M
Free Cash Flow
CURR
CURR
PINE
PINE
Q1 26
Q4 25
$-87.8M
Q3 25
$-48.8M
Q2 25
$-3.0M
Q1 25
$-1.7M
$-55.5M
Q4 24
$-33.4M
Q3 24
$-43.0M
Q2 24
$-13.5M
FCF Margin
CURR
CURR
PINE
PINE
Q1 26
Q4 25
-519.4%
Q3 25
-334.9%
Q2 25
-20.0%
Q1 25
-16.5%
-391.0%
Q4 24
-242.4%
Q3 24
-319.3%
Q2 24
-108.0%
Capex Intensity
CURR
CURR
PINE
PINE
Q1 26
Q4 25
671.8%
Q3 25
394.8%
Q2 25
81.2%
Q1 25
1.7%
432.0%
Q4 24
412.3%
Q3 24
365.4%
Q2 24
172.3%
Cash Conversion
CURR
CURR
PINE
PINE
Q1 26
Q4 25
17.48×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
2.02×
Q2 24
39.37×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CURR
CURR

Sales Of Airtime$5.5M54%
Fiat Remittance Service$4.4M44%

PINE
PINE

Lease Income$12.6M68%
Other$5.8M31%
Other Revenue$46.0K0%

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