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Side-by-side financial comparison of Globavend Holdings Ltd (GVH) and Metalpha Technology Holding Ltd (MATH). Click either name above to swap in a different company.

Globavend Holdings Ltd is the larger business by last-quarter revenue ($13.7M vs $12.0M, roughly 1.1× Metalpha Technology Holding Ltd). Globavend Holdings Ltd runs the higher net margin — 3.3% vs -24.0%, a 27.3% gap on every dollar of revenue. On growth, Globavend Holdings Ltd posted the faster year-over-year revenue change (63.7% vs -39.0%).

Globavend Holdings Ltd is a provider of smart unattended retail solutions, focusing on the design, supply, and operation of intelligent vending machines. It primarily serves markets across Australia, New Zealand, and Southeast Asia, offering end-to-end services including hardware manufacturing, inventory management software, and after-sales support to clients in retail, FMCG, and workplace service segments.

Metalpha Technology Holding Ltd is a global fintech firm specializing in digital asset wealth management, institutional-grade crypto investment services, and Web3 ecosystem infrastructure support. It serves professional investors, financial institutions, and high-net-worth clients across Asia, North America and Europe, with core segments including structured digital asset products, risk management solutions and DeFi technology development.

GVH vs MATH — Head-to-Head

Bigger by revenue
GVH
GVH
1.1× larger
GVH
$13.7M
$12.0M
MATH
Growing faster (revenue YoY)
GVH
GVH
+102.7% gap
GVH
63.7%
-39.0%
MATH
Higher net margin
GVH
GVH
27.3% more per $
GVH
3.3%
-24.0%
MATH

Income Statement — Q1 FY2025 vs Q3 FY2025

Metric
GVH
GVH
MATH
MATH
Revenue
$13.7M
$12.0M
Net Profit
$450.3K
$-2.9M
Gross Margin
10.5%
28.3%
Operating Margin
5.8%
-24.2%
Net Margin
3.3%
-24.0%
Revenue YoY
63.7%
-39.0%
Net Profit YoY
-49.9%
-147.7%
EPS (diluted)
$6.01
$-0.07

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
GVH
GVH
MATH
MATH
Q3 25
$12.0M
Q1 25
$13.7M
$24.8M
Q3 24
$19.7M
Q1 24
$8.4M
Net Profit
GVH
GVH
MATH
MATH
Q3 25
$-2.9M
Q1 25
$450.3K
$9.8M
Q3 24
$6.0M
Q1 24
$898.8K
Gross Margin
GVH
GVH
MATH
MATH
Q3 25
28.3%
Q1 25
10.5%
85.7%
Q3 24
49.5%
Q1 24
19.8%
Operating Margin
GVH
GVH
MATH
MATH
Q3 25
-24.2%
Q1 25
5.8%
39.3%
Q3 24
38.9%
Q1 24
13.8%
Net Margin
GVH
GVH
MATH
MATH
Q3 25
-24.0%
Q1 25
3.3%
39.6%
Q3 24
30.7%
Q1 24
10.7%
EPS (diluted)
GVH
GVH
MATH
MATH
Q3 25
$-0.07
Q1 25
$6.01
$0.25
Q3 24
$0.16
Q1 24
$12.57

Balance Sheet & Financial Strength

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

Metric
GVH
GVH
MATH
MATH
Cash + ST InvestmentsLiquidity on hand
$915.2K
$10.1M
Total DebtLower is stronger
$101.2K
Stockholders' EquityBook value
$5.7M
$35.1M
Total Assets
$6.4M
$413.8M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GVH
GVH
MATH
MATH
Q3 25
$10.1M
Q1 25
$915.2K
$6.9M
Q3 24
$3.8M
Q1 24
$2.5M
Total Debt
GVH
GVH
MATH
MATH
Q3 25
$101.2K
Q1 25
$188.0K
Q3 24
$275.1K
Q1 24
Stockholders' Equity
GVH
GVH
MATH
MATH
Q3 25
$35.1M
Q1 25
$5.7M
$36.6M
Q3 24
$25.3M
Q1 24
$4.4M
Total Assets
GVH
GVH
MATH
MATH
Q3 25
$413.8M
Q1 25
$6.4M
$246.8M
Q3 24
$237.2M
Q1 24
$6.0M
Debt / Equity
GVH
GVH
MATH
MATH
Q3 25
0.00×
Q1 25
0.01×
Q3 24
0.01×
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
GVH
GVH
MATH
MATH
Operating Cash FlowLast quarter
$-906.3K
$3.3M
Free Cash FlowOCF − Capex
$-1.2M
FCF MarginFCF / Revenue
-8.8%
Capex IntensityCapex / Revenue
2.2%
Cash ConversionOCF / Net Profit
-2.01×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GVH
GVH
MATH
MATH
Q3 25
$3.3M
Q1 25
$-906.3K
$16.2M
Q3 24
$-16.1M
Q1 24
$-256.6K
Free Cash Flow
GVH
GVH
MATH
MATH
Q3 25
Q1 25
$-1.2M
Q3 24
Q1 24
$-730.0K
FCF Margin
GVH
GVH
MATH
MATH
Q3 25
Q1 25
-8.8%
Q3 24
Q1 24
-8.7%
Capex Intensity
GVH
GVH
MATH
MATH
Q3 25
Q1 25
2.2%
Q3 24
Q1 24
5.6%
Cash Conversion
GVH
GVH
MATH
MATH
Q3 25
Q1 25
-2.01×
1.64×
Q3 24
-2.66×
Q1 24
-0.29×

Financial Flow Comparison

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

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