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Side-by-side financial comparison of GCL Global Holdings Ltd (GCL) and High-Trend International Group (HTCO). Click either name above to swap in a different company.

High-Trend International Group is the larger business by last-quarter revenue ($99.4M vs $98.7M, roughly 1.0× GCL Global Holdings Ltd). GCL Global Holdings Ltd runs the higher net margin — -5.2% vs -13.4%, a 8.2% gap on every dollar of revenue. High-Trend International Group produced more free cash flow last quarter ($6.5M vs $-5.2M).

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.

Motor Trend Group, LLC is a media company that specializes in enthusiast brands, such as Motor Trend and Hot Rod. Headquartered in El Segundo, California, it was a subsidiary of the TNT Sports division of Warner Bros. Discovery (WBD) until being sold to Hearst Communications in 2024.

GCL vs HTCO — Head-to-Head

Bigger by revenue
HTCO
HTCO
1.0× larger
HTCO
$99.4M
$98.7M
GCL
Higher net margin
GCL
GCL
8.2% more per $
GCL
-5.2%
-13.4%
HTCO
More free cash flow
HTCO
HTCO
$11.8M more FCF
HTCO
$6.5M
$-5.2M
GCL

Income Statement — Q3 FY2025 vs Q2 FY2025

Metric
GCL
GCL
HTCO
HTCO
Revenue
$98.7M
$99.4M
Net Profit
$-5.1M
$-13.3M
Gross Margin
11.0%
4.0%
Operating Margin
-6.7%
-12.5%
Net Margin
-5.2%
-13.4%
Revenue YoY
185.2%
Net Profit YoY
-1624.0%
EPS (diluted)
$-0.04
$-3.29

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
GCL
GCL
HTCO
HTCO
Q3 25
$98.7M
Q2 25
$142.1M
$99.4M
Q3 24
$36.1M
Q2 24
$34.9M
Net Profit
GCL
GCL
HTCO
HTCO
Q3 25
$-5.1M
Q2 25
$5.6M
$-13.3M
Q3 24
$-1.9M
Q2 24
$-771.7K
Gross Margin
GCL
GCL
HTCO
HTCO
Q3 25
11.0%
Q2 25
15.0%
4.0%
Q3 24
16.2%
Q2 24
7.0%
Operating Margin
GCL
GCL
HTCO
HTCO
Q3 25
-6.7%
Q2 25
2.3%
-12.5%
Q3 24
-5.6%
Q2 24
0.4%
Net Margin
GCL
GCL
HTCO
HTCO
Q3 25
-5.2%
Q2 25
3.9%
-13.4%
Q3 24
-5.2%
Q2 24
-2.2%
EPS (diluted)
GCL
GCL
HTCO
HTCO
Q3 25
$-0.04
Q2 25
$0.05
$-3.29
Q3 24
Q2 24
$-0.37

Balance Sheet & Financial Strength

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

Metric
GCL
GCL
HTCO
HTCO
Cash + ST InvestmentsLiquidity on hand
$16.6M
$13.2M
Total DebtLower is stronger
$52.0M
$1.0M
Stockholders' EquityBook value
$33.1M
$21.2M
Total Assets
$159.9M
$41.7M
Debt / EquityLower = less leverage
1.57×
0.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GCL
GCL
HTCO
HTCO
Q3 25
$16.6M
Q2 25
$18.2M
$13.2M
Q3 24
$2.7M
Q2 24
$3.4M
Total Debt
GCL
GCL
HTCO
HTCO
Q3 25
$52.0M
Q2 25
$11.9M
$1.0M
Q3 24
Q2 24
$2.0M
Stockholders' Equity
GCL
GCL
HTCO
HTCO
Q3 25
$33.1M
Q2 25
$35.9M
$21.2M
Q3 24
$15.9M
Q2 24
$-5.3M
Total Assets
GCL
GCL
HTCO
HTCO
Q3 25
$159.9M
Q2 25
$101.6M
$41.7M
Q3 24
$49.6M
Q2 24
$13.4M
Debt / Equity
GCL
GCL
HTCO
HTCO
Q3 25
1.57×
Q2 25
0.33×
0.05×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
GCL
GCL
HTCO
HTCO
Operating Cash FlowLast quarter
$-4.8M
$6.5M
Free Cash FlowOCF − Capex
$-5.2M
$6.5M
FCF MarginFCF / Revenue
-5.3%
6.6%
Capex IntensityCapex / Revenue
0.4%
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GCL
GCL
HTCO
HTCO
Q3 25
$-4.8M
Q2 25
$-10.3M
$6.5M
Q3 24
$6.1M
Q2 24
$-3.5M
Free Cash Flow
GCL
GCL
HTCO
HTCO
Q3 25
$-5.2M
Q2 25
$-10.5M
$6.5M
Q3 24
Q2 24
FCF Margin
GCL
GCL
HTCO
HTCO
Q3 25
-5.3%
Q2 25
-7.4%
6.6%
Q3 24
Q2 24
Capex Intensity
GCL
GCL
HTCO
HTCO
Q3 25
0.4%
Q2 25
0.1%
0.0%
Q3 24
Q2 24
Cash Conversion
GCL
GCL
HTCO
HTCO
Q3 25
Q2 25
-1.84×
Q3 24
Q2 24

Financial Flow Comparison

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

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