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Side-by-side financial comparison of BingEx Ltd (FLX) and GCL Global Holdings Ltd (GCL). Click either name above to swap in a different company.

BingEx Ltd is the larger business by last-quarter revenue ($143.2M vs $98.7M, roughly 1.5× GCL Global Holdings Ltd). BingEx Ltd runs the higher net margin — 2.2% vs -5.2%, a 7.4% gap on every dollar of revenue.

GCL Global Holdings Ltd is a leading clean energy enterprise focusing on R&D, production and operation of photovoltaic products, energy storage systems and low-carbon energy solutions. Its main markets cover Asia, Europe, North America, serving utility, commercial and residential distributed energy users across the globe.

FLX vs GCL — Head-to-Head

Bigger by revenue
FLX
FLX
1.5× larger
FLX
$143.2M
$98.7M
GCL
Higher net margin
FLX
FLX
7.4% more per $
FLX
2.2%
-5.2%
GCL

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
FLX
FLX
GCL
GCL
Revenue
$143.2M
$98.7M
Net Profit
$3.2M
$-5.1M
Gross Margin
10.8%
11.0%
Operating Margin
-6.7%
Net Margin
2.2%
-5.2%
Revenue YoY
Net Profit YoY
EPS (diluted)
$-0.04

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
FLX
FLX
GCL
GCL
Q1 26
$143.2M
Q3 25
$141.2M
$98.7M
Q2 25
$143.0M
$142.1M
Q1 25
$141.0M
Q3 24
$164.6M
$36.1M
Net Profit
FLX
FLX
GCL
GCL
Q1 26
$3.2M
Q3 25
$6.1M
$-5.1M
Q2 25
$7.5M
$5.6M
Q1 25
$27.6M
Q3 24
$3.4M
$-1.9M
Gross Margin
FLX
FLX
GCL
GCL
Q1 26
10.8%
Q3 25
11.1%
11.0%
Q2 25
12.0%
15.0%
Q1 25
10.0%
Q3 24
11.3%
16.2%
Operating Margin
FLX
FLX
GCL
GCL
Q1 26
Q3 25
1.4%
-6.7%
Q2 25
1.9%
2.3%
Q1 25
Q3 24
4.0%
-5.6%
Net Margin
FLX
FLX
GCL
GCL
Q1 26
2.2%
Q3 25
4.4%
-5.2%
Q2 25
5.2%
3.9%
Q1 25
19.6%
Q3 24
2.1%
-5.2%
EPS (diluted)
FLX
FLX
GCL
GCL
Q1 26
Q3 25
$-0.04
Q2 25
$0.05
Q1 25
Q3 24

Balance Sheet & Financial Strength

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

Metric
FLX
FLX
GCL
GCL
Cash + ST InvestmentsLiquidity on hand
$561.1M
$16.6M
Total DebtLower is stronger
$52.0M
Stockholders' EquityBook value
$33.1M
Total Assets
$1.3B
$159.9M
Debt / EquityLower = less leverage
1.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLX
FLX
GCL
GCL
Q1 26
$561.1M
Q3 25
$628.6M
$16.6M
Q2 25
$499.4M
$18.2M
Q1 25
$592.4M
Q3 24
$517.4M
$2.7M
Total Debt
FLX
FLX
GCL
GCL
Q1 26
Q3 25
$52.0M
Q2 25
$11.9M
Q1 25
Q3 24
Stockholders' Equity
FLX
FLX
GCL
GCL
Q1 26
Q3 25
$33.1M
Q2 25
$35.9M
Q1 25
Q3 24
$15.9M
Total Assets
FLX
FLX
GCL
GCL
Q1 26
$1.3B
Q3 25
$1.3B
$159.9M
Q2 25
$1.2B
$101.6M
Q1 25
$1.2B
Q3 24
$926.8M
$49.6M
Debt / Equity
FLX
FLX
GCL
GCL
Q1 26
Q3 25
1.57×
Q2 25
0.33×
Q1 25
Q3 24

Cash Flow & Capital Efficiency

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

Metric
FLX
FLX
GCL
GCL
Operating Cash FlowLast quarter
$-4.8M
Free Cash FlowOCF − Capex
$-5.2M
FCF MarginFCF / Revenue
-5.3%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLX
FLX
GCL
GCL
Q1 26
Q3 25
$-4.8M
Q2 25
$-10.3M
Q1 25
Q3 24
$6.1M
Free Cash Flow
FLX
FLX
GCL
GCL
Q1 26
Q3 25
$-5.2M
Q2 25
$-10.5M
Q1 25
Q3 24
FCF Margin
FLX
FLX
GCL
GCL
Q1 26
Q3 25
-5.3%
Q2 25
-7.4%
Q1 25
Q3 24
Capex Intensity
FLX
FLX
GCL
GCL
Q1 26
Q3 25
0.4%
Q2 25
0.1%
Q1 25
Q3 24
Cash Conversion
FLX
FLX
GCL
GCL
Q1 26
Q3 25
Q2 25
-1.84×
Q1 25
Q3 24

Financial Flow Comparison

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

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