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Side-by-side financial comparison of Fatpipe Inc (FATN) and Metalla Royalty & Streaming Ltd. (MTA). Click either name above to swap in a different company.

Fatpipe Inc is the larger business by last-quarter revenue ($4.1M vs $3.8M, roughly 1.1× Metalla Royalty & Streaming Ltd.). Fatpipe Inc runs the higher net margin — 7.6% vs -117.1%, a 124.7% gap on every dollar of revenue.

Metalla Royalty & Streaming Ltd. is a precious metals royalty and streaming firm focused on gold, silver, and strategic mineral assets primarily across North America. It partners with mining operators to earn stable, leveraged returns without incurring the high costs and operational risks of direct mine ownership, catering to investors seeking low-volatility exposure to precious metals markets.

FATN vs MTA — Head-to-Head

Bigger by revenue
FATN
FATN
1.1× larger
FATN
$4.1M
$3.8M
MTA
Higher net margin
FATN
FATN
124.7% more per $
FATN
7.6%
-117.1%
MTA

Income Statement — Q3 FY2026 vs Q3 FY2025

Metric
FATN
FATN
MTA
MTA
Revenue
$4.1M
$3.8M
Net Profit
$310.7K
$-4.4M
Gross Margin
87.7%
50.4%
Operating Margin
9.8%
Net Margin
7.6%
-117.1%
Revenue YoY
3.2%
Net Profit YoY
816.0%
EPS (diluted)
$0.02

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
FATN
FATN
MTA
MTA
Q4 25
$4.1M
Q3 25
$4.0M
$3.8M
Q2 25
$3.9M
$2.1M
Q1 25
$1.3M
Q3 24
$3.3M
Q1 24
$981.0K
Net Profit
FATN
FATN
MTA
MTA
Q4 25
$310.7K
Q3 25
$-43.4K
$-4.4M
Q2 25
$741.2K
$-3.2M
Q1 25
$-1.7M
Q3 24
$-4.0M
Q1 24
$-1.4M
Gross Margin
FATN
FATN
MTA
MTA
Q4 25
87.7%
Q3 25
92.1%
50.4%
Q2 25
94.2%
39.7%
Q1 25
39.2%
Q3 24
48.5%
Q1 24
59.3%
Operating Margin
FATN
FATN
MTA
MTA
Q4 25
9.8%
Q3 25
-0.0%
Q2 25
25.5%
Q1 25
-102.5%
Q3 24
-176.4%
Q1 24
-121.5%
Net Margin
FATN
FATN
MTA
MTA
Q4 25
7.6%
Q3 25
-1.1%
-117.1%
Q2 25
18.8%
-151.3%
Q1 25
-138.0%
Q3 24
-120.3%
Q1 24
-138.2%
EPS (diluted)
FATN
FATN
MTA
MTA
Q4 25
$0.02
Q3 25
$0.00
Q2 25
$0.05
Q1 25
Q3 24
Q1 24

Balance Sheet & Financial Strength

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

Metric
FATN
FATN
MTA
MTA
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$4.6M
Stockholders' EquityBook value
$21.2M
Total Assets
$32.4M
Debt / EquityLower = less leverage
0.22×

8-quarter trend — quarters aligned by calendar period.

Total Debt
FATN
FATN
MTA
MTA
Q4 25
$4.6M
Q3 25
$4.8M
Q2 25
$4.9M
Q1 25
Q3 24
Q1 24
Stockholders' Equity
FATN
FATN
MTA
MTA
Q4 25
$21.2M
Q3 25
$21.0M
Q2 25
$20.4M
Q1 25
Q3 24
Q1 24
Total Assets
FATN
FATN
MTA
MTA
Q4 25
$32.4M
Q3 25
$32.2M
Q2 25
$32.0M
Q1 25
Q3 24
Q1 24
Debt / Equity
FATN
FATN
MTA
MTA
Q4 25
0.22×
Q3 25
0.23×
Q2 25
0.24×
Q1 25
Q3 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
FATN
FATN
MTA
MTA
Operating Cash FlowLast quarter
$240.9K
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.78×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FATN
FATN
MTA
MTA
Q4 25
$240.9K
Q3 25
$399.8K
Q2 25
$-508.6K
Q1 25
Q3 24
Q1 24
Free Cash Flow
FATN
FATN
MTA
MTA
Q4 25
Q3 25
Q2 25
$-551.1K
Q1 25
Q3 24
Q1 24
FCF Margin
FATN
FATN
MTA
MTA
Q4 25
Q3 25
Q2 25
-14.0%
Q1 25
Q3 24
Q1 24
Capex Intensity
FATN
FATN
MTA
MTA
Q4 25
Q3 25
Q2 25
1.1%
Q1 25
Q3 24
Q1 24
Cash Conversion
FATN
FATN
MTA
MTA
Q4 25
0.78×
Q3 25
Q2 25
-0.69×
Q1 25
Q3 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

FATN
FATN

Products$2.6M63%
Other$1.5M37%

MTA
MTA

Segment breakdown not available.

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