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

PAMT CORP is the larger business by last-quarter revenue ($141.3M vs $98.7M, roughly 1.4× GCL Global Holdings Ltd). GCL Global Holdings Ltd runs the higher net margin — -5.2% vs -20.7%, a 15.5% gap on every dollar of revenue. GCL Global Holdings Ltd produced more free cash flow last quarter ($-5.2M vs $-25.0M).

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.

GCL vs PAMT — Head-to-Head

Bigger by revenue
PAMT
PAMT
1.4× larger
PAMT
$141.3M
$98.7M
GCL
Higher net margin
GCL
GCL
15.5% more per $
GCL
-5.2%
-20.7%
PAMT
More free cash flow
GCL
GCL
$19.7M more FCF
GCL
$-5.2M
$-25.0M
PAMT

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
GCL
GCL
PAMT
PAMT
Revenue
$98.7M
$141.3M
Net Profit
$-5.1M
$-29.3M
Gross Margin
11.0%
Operating Margin
-6.7%
-27.0%
Net Margin
-5.2%
-20.7%
Revenue YoY
-15.1%
Net Profit YoY
7.4%
EPS (diluted)
$-0.04
$-1.38

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
PAMT
PAMT
Q4 25
$141.3M
Q3 25
$98.7M
$150.3M
Q2 25
$142.1M
$151.1M
Q1 25
$155.3M
Q4 24
$166.5M
Q3 24
$36.1M
$182.6M
Q2 24
$182.9M
Q1 24
$182.6M
Net Profit
GCL
GCL
PAMT
PAMT
Q4 25
$-29.3M
Q3 25
$-5.1M
$-5.6M
Q2 25
$5.6M
$-9.6M
Q1 25
$-8.1M
Q4 24
$-31.6M
Q3 24
$-1.9M
$2.4M
Q2 24
$-2.9M
Q1 24
$281.0K
Gross Margin
GCL
GCL
PAMT
PAMT
Q4 25
Q3 25
11.0%
Q2 25
15.0%
Q1 25
Q4 24
Q3 24
16.2%
Q2 24
Q1 24
Operating Margin
GCL
GCL
PAMT
PAMT
Q4 25
-27.0%
Q3 25
-6.7%
-3.8%
Q2 25
2.3%
-7.3%
Q1 25
-5.9%
Q4 24
-22.6%
Q3 24
-5.6%
1.3%
Q2 24
-0.4%
Q1 24
-0.4%
Net Margin
GCL
GCL
PAMT
PAMT
Q4 25
-20.7%
Q3 25
-5.2%
-3.7%
Q2 25
3.9%
-6.4%
Q1 25
-5.2%
Q4 24
-19.0%
Q3 24
-5.2%
1.3%
Q2 24
-1.6%
Q1 24
0.2%
EPS (diluted)
GCL
GCL
PAMT
PAMT
Q4 25
$-1.38
Q3 25
$-0.04
$-0.27
Q2 25
$0.05
$-0.46
Q1 25
$-0.37
Q4 24
$-1.44
Q3 24
$0.11
Q2 24
$-0.13
Q1 24
$0.01

Balance Sheet & Financial Strength

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

Metric
GCL
GCL
PAMT
PAMT
Cash + ST InvestmentsLiquidity on hand
$16.6M
$83.7M
Total DebtLower is stronger
$52.0M
$333.9M
Stockholders' EquityBook value
$33.1M
$210.5M
Total Assets
$159.9M
$697.9M
Debt / EquityLower = less leverage
1.57×
1.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GCL
GCL
PAMT
PAMT
Q4 25
$83.7M
Q3 25
$16.6M
$115.6M
Q2 25
$18.2M
$117.3M
Q1 25
$102.7M
Q4 24
$110.7M
Q3 24
$2.7M
$92.3M
Q2 24
$114.0M
Q1 24
$125.8M
Total Debt
GCL
GCL
PAMT
PAMT
Q4 25
$333.9M
Q3 25
$52.0M
Q2 25
$11.9M
Q1 25
Q4 24
$325.6M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
GCL
GCL
PAMT
PAMT
Q4 25
$210.5M
Q3 25
$33.1M
$239.5M
Q2 25
$35.9M
$244.9M
Q1 25
$269.6M
Q4 24
$277.5M
Q3 24
$15.9M
$308.9M
Q2 24
$306.7M
Q1 24
$314.6M
Total Assets
GCL
GCL
PAMT
PAMT
Q4 25
$697.9M
Q3 25
$159.9M
$715.2M
Q2 25
$101.6M
$707.9M
Q1 25
$712.6M
Q4 24
$741.7M
Q3 24
$49.6M
$756.7M
Q2 24
$733.5M
Q1 24
$746.4M
Debt / Equity
GCL
GCL
PAMT
PAMT
Q4 25
1.59×
Q3 25
1.57×
Q2 25
0.33×
Q1 25
Q4 24
1.17×
Q3 24
Q2 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
GCL
GCL
PAMT
PAMT
Operating Cash FlowLast quarter
$-4.8M
$-5.8M
Free Cash FlowOCF − Capex
$-5.2M
$-25.0M
FCF MarginFCF / Revenue
-5.3%
-17.7%
Capex IntensityCapex / Revenue
0.4%
13.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-23.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GCL
GCL
PAMT
PAMT
Q4 25
$-5.8M
Q3 25
$-4.8M
$5.9M
Q2 25
$-10.3M
$12.2M
Q1 25
$5.0M
Q4 24
$15.2M
Q3 24
$6.1M
$15.5M
Q2 24
$18.7M
Q1 24
$9.6M
Free Cash Flow
GCL
GCL
PAMT
PAMT
Q4 25
$-25.0M
Q3 25
$-5.2M
$2.5M
Q2 25
$-10.5M
$5.9M
Q1 25
$-6.8M
Q4 24
$-39.9M
Q3 24
$-33.6M
Q2 24
$4.1M
Q1 24
$-12.2M
FCF Margin
GCL
GCL
PAMT
PAMT
Q4 25
-17.7%
Q3 25
-5.3%
1.7%
Q2 25
-7.4%
3.9%
Q1 25
-4.4%
Q4 24
-24.0%
Q3 24
-18.4%
Q2 24
2.2%
Q1 24
-6.7%
Capex Intensity
GCL
GCL
PAMT
PAMT
Q4 25
13.6%
Q3 25
0.4%
2.3%
Q2 25
0.1%
4.2%
Q1 25
7.6%
Q4 24
33.1%
Q3 24
26.9%
Q2 24
8.0%
Q1 24
12.0%
Cash Conversion
GCL
GCL
PAMT
PAMT
Q4 25
Q3 25
Q2 25
-1.84×
Q1 25
Q4 24
Q3 24
6.44×
Q2 24
Q1 24
34.11×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GCL
GCL

Segment breakdown not available.

PAMT
PAMT

Freight Transportation Service$123.1M87%
Fuel Surcharge$18.2M13%

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