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Side-by-side financial comparison of GCL Global Holdings Ltd (GCL) and Ramaco Resources, Inc. (METC). Click either name above to swap in a different company.
Ramaco Resources, Inc. is the larger business by last-quarter revenue ($121.0M vs $98.7M, roughly 1.2× GCL Global Holdings Ltd). GCL Global Holdings Ltd runs the higher net margin — -5.2% vs -11.0%, a 5.8% gap on every dollar of revenue. GCL Global Holdings Ltd produced more free cash flow last quarter ($-5.2M vs $-17.5M).
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.
Ramaco Resources, Inc. is a U.S.-based mining company focused on high-grade metallurgical coal production. It operates mining assets across the Appalachian region, supplying products to global steel manufacturing and industrial clients, with core operations centered on sustainable low-cost metallurgical coal extraction and distribution.
GCL vs METC — Head-to-Head
Income Statement — Q3 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $98.7M | $121.0M |
| Net Profit | $-5.1M | $-13.3M |
| Gross Margin | 11.0% | 15.8% |
| Operating Margin | -6.7% | -12.0% |
| Net Margin | -5.2% | -11.0% |
| Revenue YoY | — | -27.7% |
| Net Profit YoY | — | -5468.2% |
| 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.
| Q3 25 | $98.7M | $121.0M | ||
| Q2 25 | $142.1M | $153.0M | ||
| Q1 25 | — | $134.7M | ||
| Q4 24 | — | $170.9M | ||
| Q3 24 | $36.1M | $167.4M | ||
| Q2 24 | — | $155.3M | ||
| Q1 24 | — | $172.7M | ||
| Q4 23 | — | $202.7M |
| Q3 25 | $-5.1M | $-13.3M | ||
| Q2 25 | $5.6M | $-14.0M | ||
| Q1 25 | — | $-9.5M | ||
| Q4 24 | — | $3.9M | ||
| Q3 24 | $-1.9M | $-239.0K | ||
| Q2 24 | — | $5.5M | ||
| Q1 24 | — | $2.0M | ||
| Q4 23 | — | $30.0M |
| Q3 25 | 11.0% | 15.8% | ||
| Q2 25 | 15.0% | 12.3% | ||
| Q1 25 | — | 15.2% | ||
| Q4 24 | — | 20.4% | ||
| Q3 24 | 16.2% | 19.5% | ||
| Q2 24 | — | 21.0% | ||
| Q1 24 | — | 19.1% | ||
| Q4 23 | — | 31.2% |
| Q3 25 | -6.7% | -12.0% | ||
| Q2 25 | 2.3% | -9.1% | ||
| Q1 25 | — | -8.9% | ||
| Q4 24 | — | 3.7% | ||
| Q3 24 | -5.6% | 1.0% | ||
| Q2 24 | — | 3.5% | ||
| Q1 24 | — | 1.9% | ||
| Q4 23 | — | 18.4% |
| Q3 25 | -5.2% | -11.0% | ||
| Q2 25 | 3.9% | -9.1% | ||
| Q1 25 | — | -7.0% | ||
| Q4 24 | — | 2.3% | ||
| Q3 24 | -5.2% | -0.1% | ||
| Q2 24 | — | 3.6% | ||
| Q1 24 | — | 1.2% | ||
| Q4 23 | — | 14.8% |
| Q3 25 | $-0.04 | — | ||
| Q2 25 | $0.05 | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $0.06 | ||
| Q3 24 | — | $-0.03 | ||
| Q2 24 | — | $0.08 | ||
| Q1 24 | — | $0.00 | ||
| Q4 23 | — | $0.59 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $16.6M | $193.8M |
| Total DebtLower is stronger | $52.0M | $116.3M |
| Stockholders' EquityBook value | $33.1M | $526.9M |
| Total Assets | $159.9M | $849.7M |
| Debt / EquityLower = less leverage | 1.57× | 0.22× |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | $16.6M | $193.8M | ||
| Q2 25 | $18.2M | $28.1M | ||
| Q1 25 | — | $43.5M | ||
| Q4 24 | — | $33.0M | ||
| Q3 24 | $2.7M | $22.9M | ||
| Q2 24 | — | $27.6M | ||
| Q1 24 | — | $30.5M | ||
| Q4 23 | — | $42.0M |
| Q3 25 | $52.0M | $116.3M | ||
| Q2 25 | $11.9M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $88.2M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | $91.4M |
| Q3 25 | $33.1M | $526.9M | ||
| Q2 25 | $35.9M | $347.4M | ||
| Q1 25 | — | $355.2M | ||
| Q4 24 | — | $362.8M | ||
| Q3 24 | $15.9M | $361.8M | ||
| Q2 24 | — | $366.1M | ||
| Q1 24 | — | $372.3M | ||
| Q4 23 | — | $369.6M |
| Q3 25 | $159.9M | $849.7M | ||
| Q2 25 | $101.6M | $674.6M | ||
| Q1 25 | — | $685.7M | ||
| Q4 24 | — | $674.7M | ||
| Q3 24 | $49.6M | $645.4M | ||
| Q2 24 | — | $659.2M | ||
| Q1 24 | — | $674.0M | ||
| Q4 23 | — | $665.8M |
| Q3 25 | 1.57× | 0.22× | ||
| Q2 25 | 0.33× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.24× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | 0.25× |
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 | $-1.4M |
| Free Cash FlowOCF − Capex | $-5.2M | $-17.5M |
| FCF MarginFCF / Revenue | -5.3% | -14.5% |
| Capex IntensityCapex / Revenue | 0.4% | 13.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-24.7M |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | $-4.8M | $-1.4M | ||
| Q2 25 | $-10.3M | $-4.3M | ||
| Q1 25 | — | $26.0M | ||
| Q4 24 | — | $15.7M | ||
| Q3 24 | $6.1M | $37.4M | ||
| Q2 24 | — | $34.4M | ||
| Q1 24 | — | $25.2M | ||
| Q4 23 | — | $41.6M |
| Q3 25 | $-5.2M | $-17.5M | ||
| Q2 25 | $-10.5M | $-19.8M | ||
| Q1 25 | — | $7.6M | ||
| Q4 24 | — | $5.1M | ||
| Q3 24 | — | $25.6M | ||
| Q2 24 | — | $20.3M | ||
| Q1 24 | — | $6.5M | ||
| Q4 23 | — | $23.6M |
| Q3 25 | -5.3% | -14.5% | ||
| Q2 25 | -7.4% | -13.0% | ||
| Q1 25 | — | 5.6% | ||
| Q4 24 | — | 3.0% | ||
| Q3 24 | — | 15.3% | ||
| Q2 24 | — | 13.1% | ||
| Q1 24 | — | 3.7% | ||
| Q4 23 | — | 11.6% |
| Q3 25 | 0.4% | 13.3% | ||
| Q2 25 | 0.1% | 10.2% | ||
| Q1 25 | — | 13.7% | ||
| Q4 24 | — | 6.2% | ||
| Q3 24 | — | 7.0% | ||
| Q2 24 | — | 9.1% | ||
| Q1 24 | — | 10.8% | ||
| Q4 23 | — | 8.9% |
| Q3 25 | — | — | ||
| Q2 25 | -1.84× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 4.06× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 6.21× | ||
| Q1 24 | — | 12.40× | ||
| Q4 23 | — | 1.38× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GCL
Segment breakdown not available.
METC
| Export Coal Revenues | $73.0M | 60% |
| Domestic Coal Revenues | $48.0M | 40% |
