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Side-by-side financial comparison of GCL Global Holdings Ltd (GCL) and Townsquare Media, Inc. (TSQ). Click either name above to swap in a different company.
Townsquare Media, Inc. is the larger business by last-quarter revenue ($106.5M vs $98.7M, roughly 1.1× GCL Global Holdings Ltd). Townsquare Media, Inc. runs the higher net margin — -4.9% vs -5.2%, a 0.3% gap on every dollar of revenue. Townsquare Media, Inc. produced more free cash flow last quarter ($9.2M 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.
Townsquare Media, Inc. is an American radio network and media company based in Purchase, New York. The company started in radio and expanded into digital media toward the end of the 2000s, starting with the acquisition of the MOG Music Network. As of June 2024, Townsquare was the third-largest AM–FM operator in the country, owning 349 radio stations in 74 markets.
GCL vs TSQ — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $98.7M | $106.5M |
| Net Profit | $-5.1M | $-5.2M |
| Gross Margin | 11.0% | 24.1% |
| Operating Margin | -6.7% | 9.5% |
| Net Margin | -5.2% | -4.9% |
| Revenue YoY | — | -9.6% |
| Net Profit YoY | — | -121.2% |
| 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.
| Q4 25 | — | $106.5M | ||
| Q3 25 | $98.7M | $106.8M | ||
| Q2 25 | $142.1M | $115.4M | ||
| Q1 25 | — | $98.7M | ||
| Q4 24 | — | $117.8M | ||
| Q3 24 | $36.1M | $115.3M | ||
| Q2 24 | — | $118.2M | ||
| Q1 24 | — | $99.6M |
| Q4 25 | — | $-5.2M | ||
| Q3 25 | $-5.1M | $-5.9M | ||
| Q2 25 | $5.6M | $1.6M | ||
| Q1 25 | — | $-2.0M | ||
| Q4 24 | — | $24.6M | ||
| Q3 24 | $-1.9M | $10.8M | ||
| Q2 24 | — | $-49.2M | ||
| Q1 24 | — | $1.1M |
| Q4 25 | — | 24.1% | ||
| Q3 25 | 11.0% | 26.2% | ||
| Q2 25 | 15.0% | 28.3% | ||
| Q1 25 | — | 23.2% | ||
| Q4 24 | — | 31.6% | ||
| Q3 24 | 16.2% | 27.3% | ||
| Q2 24 | — | 27.7% | ||
| Q1 24 | — | 22.8% |
| Q4 25 | — | 9.5% | ||
| Q3 25 | -6.7% | 5.6% | ||
| Q2 25 | 2.3% | 18.2% | ||
| Q1 25 | — | 7.2% | ||
| Q4 24 | — | 18.1% | ||
| Q3 24 | -5.6% | 13.1% | ||
| Q2 24 | — | -18.1% | ||
| Q1 24 | — | 6.7% |
| Q4 25 | — | -4.9% | ||
| Q3 25 | -5.2% | -5.5% | ||
| Q2 25 | 3.9% | 1.4% | ||
| Q1 25 | — | -2.0% | ||
| Q4 24 | — | 20.8% | ||
| Q3 24 | -5.2% | 9.4% | ||
| Q2 24 | — | -41.7% | ||
| Q1 24 | — | 1.1% |
| Q4 25 | — | — | ||
| Q3 25 | $-0.04 | $-0.36 | ||
| Q2 25 | $0.05 | $0.09 | ||
| Q1 25 | — | $-0.12 | ||
| Q4 24 | — | $1.76 | ||
| Q3 24 | — | $0.63 | ||
| Q2 24 | — | $-3.26 | ||
| Q1 24 | — | $0.06 |
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 | $4.8M |
| Total DebtLower is stronger | $52.0M | $433.0M |
| Stockholders' EquityBook value | $33.1M | $-41.0M |
| Total Assets | $159.9M | $528.6M |
| Debt / EquityLower = less leverage | 1.57× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $4.8M | ||
| Q3 25 | $16.6M | $3.2M | ||
| Q2 25 | $18.2M | $3.2M | ||
| Q1 25 | — | $5.5M | ||
| Q4 24 | — | $33.0M | ||
| Q3 24 | $2.7M | $21.8M | ||
| Q2 24 | — | $28.5M | ||
| Q1 24 | — | $56.6M |
| Q4 25 | — | $433.0M | ||
| Q3 25 | $52.0M | $437.6M | ||
| Q2 25 | $11.9M | $439.7M | ||
| Q1 25 | — | $448.4M | ||
| Q4 24 | — | $465.8M | ||
| Q3 24 | — | $476.7M | ||
| Q2 24 | — | $487.1M | ||
| Q1 24 | — | $500.1M |
| Q4 25 | — | $-41.0M | ||
| Q3 25 | $33.1M | $-34.0M | ||
| Q2 25 | $35.9M | $-27.1M | ||
| Q1 25 | — | $-26.8M | ||
| Q4 24 | — | $-28.4M | ||
| Q3 24 | $15.9M | $-52.5M | ||
| Q2 24 | — | $-64.1M | ||
| Q1 24 | — | $1.8M |
| Q4 25 | — | $528.6M | ||
| Q3 25 | $159.9M | $539.2M | ||
| Q2 25 | $101.6M | $545.7M | ||
| Q1 25 | — | $544.5M | ||
| Q4 24 | — | $580.4M | ||
| Q3 24 | $49.6M | $565.4M | ||
| Q2 24 | — | $579.6M | ||
| Q1 24 | — | $636.7M |
| Q4 25 | — | — | ||
| Q3 25 | 1.57× | — | ||
| Q2 25 | 0.33× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 271.80× |
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 | $12.6M |
| Free Cash FlowOCF − Capex | $-5.2M | $9.2M |
| FCF MarginFCF / Revenue | -5.3% | 8.6% |
| Capex IntensityCapex / Revenue | 0.4% | 3.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $15.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $12.6M | ||
| Q3 25 | $-4.8M | $7.9M | ||
| Q2 25 | $-10.3M | $10.2M | ||
| Q1 25 | — | $-66.0K | ||
| Q4 24 | — | $28.2M | ||
| Q3 24 | $6.1M | $9.9M | ||
| Q2 24 | — | $9.0M | ||
| Q1 24 | — | $1.7M |
| Q4 25 | — | $9.2M | ||
| Q3 25 | $-5.2M | $4.3M | ||
| Q2 25 | $-10.5M | $6.4M | ||
| Q1 25 | — | $-4.5M | ||
| Q4 24 | — | $24.5M | ||
| Q3 24 | — | $4.8M | ||
| Q2 24 | — | $4.8M | ||
| Q1 24 | — | $-2.8M |
| Q4 25 | — | 8.6% | ||
| Q3 25 | -5.3% | 4.1% | ||
| Q2 25 | -7.4% | 5.5% | ||
| Q1 25 | — | -4.6% | ||
| Q4 24 | — | 20.8% | ||
| Q3 24 | — | 4.1% | ||
| Q2 24 | — | 4.0% | ||
| Q1 24 | — | -2.8% |
| Q4 25 | — | 3.2% | ||
| Q3 25 | 0.4% | 3.3% | ||
| Q2 25 | 0.1% | 3.3% | ||
| Q1 25 | — | 4.5% | ||
| Q4 24 | — | 3.1% | ||
| Q3 24 | — | 4.4% | ||
| Q2 24 | — | 3.6% | ||
| Q1 24 | — | 4.4% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -1.84× | 6.51× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.15× | ||
| Q3 24 | — | 0.91× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 1.47× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GCL
Segment breakdown not available.
TSQ
| Broadcast Advertising Segment | $46.4M | 44% |
| Digital Advertising Segment | $41.7M | 39% |
| Subscription Digital Marketing Solutions Segment | $18.4M | 17% |