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

REX AMERICAN RESOURCES Corp is the larger business by last-quarter revenue ($175.6M vs $98.7M, roughly 1.8× GCL Global Holdings Ltd). REX AMERICAN RESOURCES Corp runs the higher net margin — 15.6% vs -5.2%, a 20.8% gap on every dollar of revenue. REX AMERICAN RESOURCES Corp produced more free cash flow last quarter ($24.5M 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.

REX American Resources Corp. is an American producer and retailer of ethanol, distillers grains and natural gas as well as a holding company in energy entities. It was founded in 1980 and is headquartered in Dayton, Ohio. The company has the entire ownership of three affiliated corporations including Rex Radio and Television, Inc., Stereo Town, Inc. and Kelly & Cohen Appliances, Inc. As of 2012, the company has the ownership of 22 national retail stores and invested in five ethanol production...

GCL vs REX — Head-to-Head

Bigger by revenue
REX
REX
1.8× larger
REX
$175.6M
$98.7M
GCL
Higher net margin
REX
REX
20.8% more per $
REX
15.6%
-5.2%
GCL
More free cash flow
REX
REX
$29.8M more FCF
REX
$24.5M
$-5.2M
GCL

Income Statement — Q3 FY2025 vs Q3 FY2026

Metric
GCL
GCL
REX
REX
Revenue
$98.7M
$175.6M
Net Profit
$-5.1M
$27.5M
Gross Margin
11.0%
20.6%
Operating Margin
-6.7%
20.2%
Net Margin
-5.2%
15.6%
Revenue YoY
0.4%
Net Profit YoY
-8.7%
EPS (diluted)
$-0.04
$0.71

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
REX
REX
Q4 25
$175.6M
Q3 25
$98.7M
$158.6M
Q2 25
$142.1M
$158.3M
Q1 25
$158.2M
Q4 24
$174.9M
Q3 24
$36.1M
$148.2M
Q2 24
$161.2M
Q1 24
$187.6M
Net Profit
GCL
GCL
REX
REX
Q4 25
$27.5M
Q3 25
$-5.1M
$9.3M
Q2 25
$5.6M
$10.7M
Q1 25
$14.1M
Q4 24
$30.1M
Q3 24
$-1.9M
$15.0M
Q2 24
$12.3M
Q1 24
$25.3M
Gross Margin
GCL
GCL
REX
REX
Q4 25
20.6%
Q3 25
11.0%
9.0%
Q2 25
15.0%
9.1%
Q1 25
11.1%
Q4 24
22.7%
Q3 24
16.2%
13.3%
Q2 24
9.0%
Q1 24
16.2%
Operating Margin
GCL
GCL
REX
REX
Q4 25
20.2%
Q3 25
-6.7%
Q2 25
2.3%
Q1 25
11.3%
Q4 24
22.6%
Q3 24
-5.6%
13.2%
Q2 24
9.9%
Q1 24
17.3%
Net Margin
GCL
GCL
REX
REX
Q4 25
15.6%
Q3 25
-5.2%
5.9%
Q2 25
3.9%
6.7%
Q1 25
8.9%
Q4 24
17.2%
Q3 24
-5.2%
10.1%
Q2 24
7.6%
Q1 24
13.5%
EPS (diluted)
GCL
GCL
REX
REX
Q4 25
$0.71
Q3 25
$-0.04
$0.43
Q2 25
$0.05
$0.51
Q1 25
$-0.32
Q4 24
$0.69
Q3 24
$0.70
Q2 24
$0.58
Q1 24
$-0.58

Balance Sheet & Financial Strength

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

Metric
GCL
GCL
REX
REX
Cash + ST InvestmentsLiquidity on hand
$16.6M
$335.5M
Total DebtLower is stronger
$52.0M
Stockholders' EquityBook value
$33.1M
$566.9M
Total Assets
$159.9M
$750.1M
Debt / EquityLower = less leverage
1.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GCL
GCL
REX
REX
Q4 25
$335.5M
Q3 25
$16.6M
$310.5M
Q2 25
$18.2M
$315.9M
Q1 25
$359.1M
Q4 24
$365.1M
Q3 24
$2.7M
$346.0M
Q2 24
$351.8M
Q1 24
$378.7M
Total Debt
GCL
GCL
REX
REX
Q4 25
Q3 25
$52.0M
Q2 25
$11.9M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
GCL
GCL
REX
REX
Q4 25
$566.9M
Q3 25
$33.1M
$545.8M
Q2 25
$35.9M
$536.4M
Q1 25
$560.3M
Q4 24
$564.5M
Q3 24
$15.9M
$539.6M
Q2 24
$524.5M
Q1 24
$513.9M
Total Assets
GCL
GCL
REX
REX
Q4 25
$750.1M
Q3 25
$159.9M
$700.6M
Q2 25
$101.6M
$693.8M
Q1 25
$720.0M
Q4 24
$715.7M
Q3 24
$49.6M
$680.0M
Q2 24
$671.0M
Q1 24
$664.8M
Debt / Equity
GCL
GCL
REX
REX
Q4 25
Q3 25
1.57×
Q2 25
0.33×
Q1 25
Q4 24
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
REX
REX
Operating Cash FlowLast quarter
$-4.8M
$51.2M
Free Cash FlowOCF − Capex
$-5.2M
$24.5M
FCF MarginFCF / Revenue
-5.3%
14.0%
Capex IntensityCapex / Revenue
0.4%
15.2%
Cash ConversionOCF / Net Profit
1.87×
TTM Free Cash FlowTrailing 4 quarters
$17.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GCL
GCL
REX
REX
Q4 25
$51.2M
Q3 25
$-4.8M
$16.3M
Q2 25
$-10.3M
$-3.5M
Q1 25
$25.1M
Q4 24
$33.4M
Q3 24
$6.1M
$8.0M
Q2 24
$-2.3M
Q1 24
$62.5M
Free Cash Flow
GCL
GCL
REX
REX
Q4 25
$24.5M
Q3 25
$-5.2M
$-5.7M
Q2 25
$-10.5M
$-10.4M
Q1 25
$9.2M
Q4 24
$18.2M
Q3 24
$-7.4M
Q2 24
$-27.1M
Q1 24
$47.2M
FCF Margin
GCL
GCL
REX
REX
Q4 25
14.0%
Q3 25
-5.3%
-3.6%
Q2 25
-7.4%
-6.6%
Q1 25
5.8%
Q4 24
10.4%
Q3 24
-5.0%
Q2 24
-16.8%
Q1 24
25.2%
Capex Intensity
GCL
GCL
REX
REX
Q4 25
15.2%
Q3 25
0.4%
13.9%
Q2 25
0.1%
4.4%
Q1 25
10.0%
Q4 24
8.7%
Q3 24
10.4%
Q2 24
15.4%
Q1 24
8.2%
Cash Conversion
GCL
GCL
REX
REX
Q4 25
1.87×
Q3 25
1.75×
Q2 25
-1.84×
-0.33×
Q1 25
1.78×
Q4 24
1.11×
Q3 24
0.53×
Q2 24
-0.18×
Q1 24
2.47×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GCL
GCL

Segment breakdown not available.

REX
REX

Ethanol$136.0M77%
Dried Distillers Grains$22.4M13%
Distillers Corn Oil$16.4M9%
Modified Distillers Grains$1.2M1%

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