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Side-by-side financial comparison of HWH International Inc. (HWH) and Lottery.com Inc. (SEGG). Click either name above to swap in a different company.
HWH International Inc. is the larger business by last-quarter revenue ($206.8K vs $137.7K, roughly 1.5× Lottery.com Inc.). HWH International Inc. runs the higher net margin — -140.7% vs -3226.2%, a 3085.4% gap on every dollar of revenue. On growth, Lottery.com Inc. posted the faster year-over-year revenue change (-31.4% vs -40.2%).
HWH International Inc operates in the global luxury hospitality and lifestyle services industry, providing premium travel membership programs, curated high-end travel experiences, and exclusive access to luxury resorts, fine dining venues, and premium leisure facilities. Its key markets include North America, Asia Pacific, and Europe, serving high-net-worth individuals and corporate clients.
The Lottery Office is an Australian online lottery operator licensed by the Government of the Northern Territory and allows Australians and New Zealanders to play to win from the draws of the largest lotteries in the world, including US Powerball and Mega Millions. Its parent company, Global Players Network Pty Ltd (GPN), has been licensed and regulated to operate lotteries since 2003.
HWH vs SEGG — Head-to-Head
Income Statement — Q3 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $206.8K | $137.7K |
| Net Profit | $-291.0K | $-4.4M |
| Gross Margin | 59.8% | — |
| Operating Margin | -142.7% | -3308.9% |
| Net Margin | -140.7% | -3226.2% |
| Revenue YoY | -40.2% | -31.4% |
| Net Profit YoY | 46.9% | 44.0% |
| EPS (diluted) | — | $-1.19 |
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.
| Q3 25 | $206.8K | $137.7K | ||
| Q2 25 | $310.4K | $191.8K | ||
| Q1 25 | — | $223.8K | ||
| Q4 24 | $287.1K | $348.8K | ||
| Q3 24 | $345.5K | $200.7K | ||
| Q2 24 | $334.9K | $257.0K | ||
| Q1 24 | $286.1K | $259.3K | ||
| Q4 23 | — | $5.5M |
| Q3 25 | $-291.0K | $-4.4M | ||
| Q2 25 | $83.4K | $-3.9M | ||
| Q1 25 | — | $-3.3M | ||
| Q4 24 | $-476.7K | — | ||
| Q3 24 | $-548.5K | $-7.9M | ||
| Q2 24 | $-387.9K | $-5.9M | ||
| Q1 24 | $-1.3M | $-5.6M | ||
| Q4 23 | — | $-14.7M |
| Q3 25 | 59.8% | — | ||
| Q2 25 | 48.0% | 15.1% | ||
| Q1 25 | — | 27.4% | ||
| Q4 24 | 39.6% | 69.8% | ||
| Q3 24 | 46.3% | 57.0% | ||
| Q2 24 | 49.2% | 82.3% | ||
| Q1 24 | 57.1% | 67.7% | ||
| Q4 23 | — | -0.1% |
| Q3 25 | -142.7% | -3308.9% | ||
| Q2 25 | 24.5% | -2058.5% | ||
| Q1 25 | — | -1554.6% | ||
| Q4 24 | -170.2% | — | ||
| Q3 24 | -155.5% | -1824.1% | ||
| Q2 24 | -120.5% | -2291.7% | ||
| Q1 24 | -467.1% | -2157.5% | ||
| Q4 23 | — | -271.8% |
| Q3 25 | -140.7% | -3226.2% | ||
| Q2 25 | 26.9% | -2022.3% | ||
| Q1 25 | — | -1477.1% | ||
| Q4 24 | -166.1% | — | ||
| Q3 24 | -158.7% | -3954.0% | ||
| Q2 24 | -115.8% | -2288.0% | ||
| Q1 24 | -467.2% | -2157.3% | ||
| Q4 23 | — | -269.8% |
| Q3 25 | — | $-1.19 | ||
| Q2 25 | — | $-0.13 | ||
| Q1 25 | — | $-0.14 | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-7.86 | ||
| Q2 24 | — | $-1.12 | ||
| Q1 24 | — | $-1.40 | ||
| Q4 23 | — | $-5.52 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.9M | $320.6K |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.8M | $32.9M |
| Total Assets | $5.2M | $73.4M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | $2.9M | $320.6K | ||
| Q2 25 | $3.7M | $262.6K | ||
| Q1 25 | — | $468.7K | ||
| Q4 24 | $4.4M | $68.0K | ||
| Q3 24 | $836.3K | $60.5K | ||
| Q2 24 | $958.9K | $28.0K | ||
| Q1 24 | $1.1M | $84.0K | ||
| Q4 23 | — | $359.8K |
| Q3 25 | $2.8M | $32.9M | ||
| Q2 25 | $3.2M | $19.8M | ||
| Q1 25 | — | $19.9M | ||
| Q4 24 | $2.8M | $20.5M | ||
| Q3 24 | $-374.9K | $25.7M | ||
| Q2 24 | $-3.6M | $30.7M | ||
| Q1 24 | $-3.1M | $32.5M | ||
| Q4 23 | — | $34.5M |
| Q3 25 | $5.2M | $73.4M | ||
| Q2 25 | $10.6M | $53.1M | ||
| Q1 25 | — | $53.4M | ||
| Q4 24 | $6.4M | $52.9M | ||
| Q3 24 | $2.9M | $58.4M | ||
| Q2 24 | $3.1M | $62.1M | ||
| Q1 24 | $2.6M | $63.1M | ||
| Q4 23 | — | $64.4M |
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 | $-199.9K | $-4.1M |
| Free Cash FlowOCF − Capex | $-217.9K | — |
| FCF MarginFCF / Revenue | -105.4% | — |
| Capex IntensityCapex / Revenue | 8.7% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q3 25 | $-199.9K | $-4.1M | ||
| Q2 25 | $26.9K | $-3.2M | ||
| Q1 25 | — | $924.9K | ||
| Q4 24 | $-415.2K | $-1.5M | ||
| Q3 24 | $-275.0K | $2.4M | ||
| Q2 24 | $-490.8K | $-368.1K | ||
| Q1 24 | $-638.2K | $-1.1M | ||
| Q4 23 | — | $-1.3M |
| Q3 25 | $-217.9K | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $-415.5K | — | ||
| Q3 24 | $-277.1K | — | ||
| Q2 24 | $-516.8K | — | ||
| Q1 24 | $-640.3K | — | ||
| Q4 23 | — | — |
| Q3 25 | -105.4% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -144.7% | — | ||
| Q3 24 | -80.2% | — | ||
| Q2 24 | -154.3% | — | ||
| Q1 24 | -223.8% | — | ||
| Q4 23 | — | — |
| Q3 25 | 8.7% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.1% | — | ||
| Q3 24 | 0.6% | — | ||
| Q2 24 | 7.7% | — | ||
| Q1 24 | 0.7% | — | ||
| Q4 23 | — | — |
| Q3 25 | — | — | ||
| Q2 25 | 0.32× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
