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Side-by-side financial comparison of Maase Inc. (MAAS) and Mega Matrix Inc (MPU). Click either name above to swap in a different company.

Maase Inc. is the larger business by last-quarter revenue ($9.9M vs $6.1M, roughly 1.6× Mega Matrix Inc).

MAAS vs MPU — Head-to-Head

Bigger by revenue
MAAS
MAAS
1.6× larger
MAAS
$9.9M
$6.1M
MPU

Income Statement — Q2 FY2023 vs Q3 FY2025

Metric
MAAS
MAAS
MPU
MPU
Revenue
$9.9M
$6.1M
Net Profit
$-10.8M
Gross Margin
78.7%
47.7%
Operating Margin
-55.9%
-156.3%
Net Margin
-177.4%
Revenue YoY
-40.9%
Net Profit YoY
-291.1%
EPS (diluted)
$-0.21

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
MAAS
MAAS
MPU
MPU
Q3 25
$6.1M
Q2 25
$7.1M
Q1 25
$7.7M
Q3 24
$10.3M
Q4 22
$9.9M
Net Profit
MAAS
MAAS
MPU
MPU
Q3 25
$-10.8M
Q2 25
$-1.5M
Q1 25
$-2.5M
Q3 24
$-2.8M
Q4 22
Gross Margin
MAAS
MAAS
MPU
MPU
Q3 25
47.7%
Q2 25
58.5%
Q1 25
55.8%
Q3 24
58.5%
Q4 22
78.7%
Operating Margin
MAAS
MAAS
MPU
MPU
Q3 25
-156.3%
Q2 25
-21.6%
Q1 25
-32.8%
Q3 24
-26.0%
Q4 22
-55.9%
Net Margin
MAAS
MAAS
MPU
MPU
Q3 25
-177.4%
Q2 25
-20.7%
Q1 25
-32.0%
Q3 24
-26.8%
Q4 22
EPS (diluted)
MAAS
MAAS
MPU
MPU
Q3 25
$-0.21
Q2 25
$-0.04
Q1 25
$-0.07
Q3 24
$-0.08
Q4 22

Balance Sheet & Financial Strength

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

Metric
MAAS
MAAS
MPU
MPU
Cash + ST InvestmentsLiquidity on hand
$10.9M
$9.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$31.6M
$37.4M
Total Assets
$47.0M
$42.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAAS
MAAS
MPU
MPU
Q3 25
$9.8M
Q2 25
$4.0M
Q1 25
$6.8M
Q3 24
$9.9M
Q4 22
$10.9M
Stockholders' Equity
MAAS
MAAS
MPU
MPU
Q3 25
$37.4M
Q2 25
$10.9M
Q1 25
$11.9M
Q3 24
$15.8M
Q4 22
$31.6M
Total Assets
MAAS
MAAS
MPU
MPU
Q3 25
$42.7M
Q2 25
$16.6M
Q1 25
$17.3M
Q3 24
$22.4M
Q4 22
$47.0M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MAAS
MAAS
MPU
MPU
Operating Cash FlowLast quarter
$-18.2M
$-3.5M
Free Cash FlowOCF − Capex
$-18.3M
FCF MarginFCF / Revenue
-184.4%
Capex IntensityCapex / Revenue
1.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAAS
MAAS
MPU
MPU
Q3 25
$-3.5M
Q2 25
$-1.8M
Q1 25
$-2.2M
Q3 24
Q4 22
$-18.2M
Free Cash Flow
MAAS
MAAS
MPU
MPU
Q3 25
Q2 25
Q1 25
Q3 24
Q4 22
$-18.3M
FCF Margin
MAAS
MAAS
MPU
MPU
Q3 25
Q2 25
Q1 25
Q3 24
Q4 22
-184.4%
Capex Intensity
MAAS
MAAS
MPU
MPU
Q3 25
Q2 25
Q1 25
Q3 24
Q4 22
1.0%

Financial Flow Comparison

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

Revenue Breakdown by Segment

MAAS
MAAS

Wealth management$7.8M78%
Insurance consulting$1.0M10%
Other$975.0K10%
Asset management$168.0K2%

MPU
MPU

Segment breakdown not available.

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