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Side-by-side financial comparison of GCL Global Holdings Ltd (GCL) and Via Transportation, Inc. (VIA). Click either name above to swap in a different company.

Via Transportation, Inc. is the larger business by last-quarter revenue ($109.7M vs $98.7M, roughly 1.1× GCL Global Holdings Ltd). GCL Global Holdings Ltd runs the higher net margin — -5.2% vs -33.6%, a 28.5% gap on every dollar of revenue. GCL Global Holdings Ltd produced more free cash flow last quarter ($-5.2M vs $-31.8M).

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.

Via Transportation, Inc. is an American technology company that provides software as a service (SaaS) and operations to improve public transportation networks for cities, transit agencies, schools and universities, healthcare providers, and corporations around the world. Via offers fully managed transit services as well as transportation planning tools, consulting services, operational support, and navigation.

GCL vs VIA — Head-to-Head

Bigger by revenue
VIA
VIA
1.1× larger
VIA
$109.7M
$98.7M
GCL
Higher net margin
GCL
GCL
28.5% more per $
GCL
-5.2%
-33.6%
VIA
More free cash flow
GCL
GCL
$26.5M more FCF
GCL
$-5.2M
$-31.8M
VIA

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
GCL
GCL
VIA
VIA
Revenue
$98.7M
$109.7M
Net Profit
$-5.1M
$-36.9M
Gross Margin
11.0%
39.3%
Operating Margin
-6.7%
-17.2%
Net Margin
-5.2%
-33.6%
Revenue YoY
Net Profit YoY
EPS (diluted)
$-0.04
$-1.49

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
VIA
VIA
Q3 25
$98.7M
$109.7M
Q2 25
$142.1M
Q3 24
$36.1M
Net Profit
GCL
GCL
VIA
VIA
Q3 25
$-5.1M
$-36.9M
Q2 25
$5.6M
Q3 24
$-1.9M
Gross Margin
GCL
GCL
VIA
VIA
Q3 25
11.0%
39.3%
Q2 25
15.0%
Q3 24
16.2%
Operating Margin
GCL
GCL
VIA
VIA
Q3 25
-6.7%
-17.2%
Q2 25
2.3%
Q3 24
-5.6%
Net Margin
GCL
GCL
VIA
VIA
Q3 25
-5.2%
-33.6%
Q2 25
3.9%
Q3 24
-5.2%
EPS (diluted)
GCL
GCL
VIA
VIA
Q3 25
$-0.04
$-1.49
Q2 25
$0.05
Q3 24

Balance Sheet & Financial Strength

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

Metric
GCL
GCL
VIA
VIA
Cash + ST InvestmentsLiquidity on hand
$16.6M
$378.2M
Total DebtLower is stronger
$52.0M
Stockholders' EquityBook value
$33.1M
$574.6M
Total Assets
$159.9M
$702.1M
Debt / EquityLower = less leverage
1.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GCL
GCL
VIA
VIA
Q3 25
$16.6M
$378.2M
Q2 25
$18.2M
Q3 24
$2.7M
Total Debt
GCL
GCL
VIA
VIA
Q3 25
$52.0M
Q2 25
$11.9M
Q3 24
Stockholders' Equity
GCL
GCL
VIA
VIA
Q3 25
$33.1M
$574.6M
Q2 25
$35.9M
Q3 24
$15.9M
Total Assets
GCL
GCL
VIA
VIA
Q3 25
$159.9M
$702.1M
Q2 25
$101.6M
Q3 24
$49.6M
Debt / Equity
GCL
GCL
VIA
VIA
Q3 25
1.57×
Q2 25
0.33×
Q3 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
VIA
VIA
Operating Cash FlowLast quarter
$-4.8M
$-30.4M
Free Cash FlowOCF − Capex
$-5.2M
$-31.8M
FCF MarginFCF / Revenue
-5.3%
-29.0%
Capex IntensityCapex / Revenue
0.4%
1.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GCL
GCL
VIA
VIA
Q3 25
$-4.8M
$-30.4M
Q2 25
$-10.3M
Q3 24
$6.1M
Free Cash Flow
GCL
GCL
VIA
VIA
Q3 25
$-5.2M
$-31.8M
Q2 25
$-10.5M
Q3 24
FCF Margin
GCL
GCL
VIA
VIA
Q3 25
-5.3%
-29.0%
Q2 25
-7.4%
Q3 24
Capex Intensity
GCL
GCL
VIA
VIA
Q3 25
0.4%
1.2%
Q2 25
0.1%
Q3 24
Cash Conversion
GCL
GCL
VIA
VIA
Q3 25
Q2 25
-1.84×
Q3 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

GCL
GCL

Segment breakdown not available.

VIA
VIA

Government Customer$103.7M95%
Commercial Customer$5.9M5%

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