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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
Income Statement — Q1 FY2026 vs Q3 FY2025
| Metric | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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% |
| Q1 26 | — | — | ||
| Q3 25 | 1.4% | -6.7% | ||
| Q2 25 | 1.9% | 2.3% | ||
| Q1 25 | — | — | ||
| Q3 24 | 4.0% | -5.6% |
| 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% |
| 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 | ||
|---|---|---|
| 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.
| 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 |
| Q1 26 | — | — | ||
| Q3 25 | — | $52.0M | ||
| Q2 25 | — | $11.9M | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — |
| Q1 26 | — | — | ||
| Q3 25 | — | $33.1M | ||
| Q2 25 | — | $35.9M | ||
| Q1 25 | — | — | ||
| Q3 24 | — | $15.9M |
| 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 |
| 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 | ||
|---|---|---|
| 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.
| Q1 26 | — | — | ||
| Q3 25 | — | $-4.8M | ||
| Q2 25 | — | $-10.3M | ||
| Q1 25 | — | — | ||
| Q3 24 | — | $6.1M |
| Q1 26 | — | — | ||
| Q3 25 | — | $-5.2M | ||
| Q2 25 | — | $-10.5M | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — |
| Q1 26 | — | — | ||
| Q3 25 | — | -5.3% | ||
| Q2 25 | — | -7.4% | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — |
| Q1 26 | — | — | ||
| Q3 25 | — | 0.4% | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — |
| 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.