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Side-by-side financial comparison of Metalpha Technology Holding Ltd (MATH) and PARK AEROSPACE CORP (PKE). Click either name above to swap in a different company.

PARK AEROSPACE CORP is the larger business by last-quarter revenue ($17.3M vs $12.0M, roughly 1.4× Metalpha Technology Holding Ltd). PARK AEROSPACE CORP runs the higher net margin — 17.0% vs -24.0%, a 41.0% gap on every dollar of revenue. On growth, PARK AEROSPACE CORP posted the faster year-over-year revenue change (20.3% vs -39.0%).

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.

Park Electrochemical Corp, now called the Park Aerospace Corp, is a Melville, New York-based materials manufacturer for the telecommunications, Internet infrastructure, high-end computing, and aerospace industries. It produces high-technology digital and radio frequency(RF)/microwave printed circuit material products, composite materials. Its printed circuit materials are used for complex multilayer printed circuit boards and other electronic interconnection systems, such as multilayer back-p...

MATH vs PKE — Head-to-Head

Bigger by revenue
PKE
PKE
1.4× larger
PKE
$17.3M
$12.0M
MATH
Growing faster (revenue YoY)
PKE
PKE
+59.3% gap
PKE
20.3%
-39.0%
MATH
Higher net margin
PKE
PKE
41.0% more per $
PKE
17.0%
-24.0%
MATH

Income Statement — Q3 FY2025 vs Q3 FY2026

Metric
MATH
MATH
PKE
PKE
Revenue
$12.0M
$17.3M
Net Profit
$-2.9M
$3.0M
Gross Margin
28.3%
34.1%
Operating Margin
-24.2%
21.0%
Net Margin
-24.0%
17.0%
Revenue YoY
-39.0%
20.3%
Net Profit YoY
-147.7%
87.1%
EPS (diluted)
$-0.07
$0.15

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
MATH
MATH
PKE
PKE
Q4 25
$17.3M
Q3 25
$12.0M
$16.4M
Q2 25
$15.4M
Q1 25
$24.8M
$16.9M
Q4 24
$14.4M
Q3 24
$19.7M
$16.7M
Q2 24
$14.0M
Q1 24
$16.3M
Net Profit
MATH
MATH
PKE
PKE
Q4 25
$3.0M
Q3 25
$-2.9M
$2.4M
Q2 25
$2.1M
Q1 25
$9.8M
$1.2M
Q4 24
$1.6M
Q3 24
$6.0M
$2.1M
Q2 24
$993.0K
Q1 24
$2.7M
Gross Margin
MATH
MATH
PKE
PKE
Q4 25
34.1%
Q3 25
28.3%
31.2%
Q2 25
30.6%
Q1 25
85.7%
29.3%
Q4 24
26.6%
Q3 24
49.5%
28.5%
Q2 24
29.3%
Q1 24
27.3%
Operating Margin
MATH
MATH
PKE
PKE
Q4 25
21.0%
Q3 25
-24.2%
17.4%
Q2 25
15.7%
Q1 25
39.3%
16.8%
Q4 24
12.8%
Q3 24
38.9%
15.7%
Q2 24
14.9%
Q1 24
15.7%
Net Margin
MATH
MATH
PKE
PKE
Q4 25
17.0%
Q3 25
-24.0%
14.7%
Q2 25
13.5%
Q1 25
39.6%
7.4%
Q4 24
10.9%
Q3 24
30.7%
12.4%
Q2 24
7.1%
Q1 24
16.3%
EPS (diluted)
MATH
MATH
PKE
PKE
Q4 25
$0.15
Q3 25
$-0.07
$0.12
Q2 25
$0.10
Q1 25
$0.25
$0.06
Q4 24
$0.08
Q3 24
$0.16
$0.10
Q2 24
$0.05
Q1 24
$0.13

Balance Sheet & Financial Strength

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

Metric
MATH
MATH
PKE
PKE
Cash + ST InvestmentsLiquidity on hand
$10.1M
$63.6M
Total DebtLower is stronger
$101.2K
Stockholders' EquityBook value
$35.1M
$106.6M
Total Assets
$413.8M
$118.1M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MATH
MATH
PKE
PKE
Q4 25
$63.6M
Q3 25
$10.1M
$61.6M
Q2 25
$65.6M
Q1 25
$6.9M
$68.8M
Q4 24
$70.0M
Q3 24
$3.8M
$72.0M
Q2 24
$74.4M
Q1 24
$77.2M
Total Debt
MATH
MATH
PKE
PKE
Q4 25
Q3 25
$101.2K
Q2 25
Q1 25
$188.0K
Q4 24
Q3 24
$275.1K
Q2 24
Q1 24
Stockholders' Equity
MATH
MATH
PKE
PKE
Q4 25
$106.6M
Q3 25
$35.1M
$105.8M
Q2 25
$105.0M
Q1 25
$36.6M
$107.2M
Q4 24
$107.4M
Q3 24
$25.3M
$110.3M
Q2 24
$111.7M
Q1 24
$112.9M
Total Assets
MATH
MATH
PKE
PKE
Q4 25
$118.1M
Q3 25
$413.8M
$116.4M
Q2 25
$120.7M
Q1 25
$246.8M
$122.1M
Q4 24
$124.2M
Q3 24
$237.2M
$125.1M
Q2 24
$129.4M
Q1 24
$132.3M
Debt / Equity
MATH
MATH
PKE
PKE
Q4 25
Q3 25
0.00×
Q2 25
Q1 25
0.01×
Q4 24
Q3 24
0.01×
Q2 24
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
MATH
MATH
PKE
PKE
Operating Cash FlowLast quarter
$3.3M
$5.1M
Free Cash FlowOCF − Capex
$4.3M
FCF MarginFCF / Revenue
24.6%
Capex IntensityCapex / Revenue
4.8%
Cash ConversionOCF / Net Profit
1.73×
TTM Free Cash FlowTrailing 4 quarters
$3.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MATH
MATH
PKE
PKE
Q4 25
$5.1M
Q3 25
$3.3M
$-2.1M
Q2 25
$1.6M
Q1 25
$16.2M
$969.0K
Q4 24
$2.7M
Q3 24
$-16.1M
$1.4M
Q2 24
$-423.0K
Q1 24
$5.3M
Free Cash Flow
MATH
MATH
PKE
PKE
Q4 25
$4.3M
Q3 25
$-2.3M
Q2 25
$1.1M
Q1 25
$338.0K
Q4 24
$2.7M
Q3 24
$1.3M
Q2 24
$-435.0K
Q1 24
$5.1M
FCF Margin
MATH
MATH
PKE
PKE
Q4 25
24.6%
Q3 25
-14.0%
Q2 25
7.2%
Q1 25
2.0%
Q4 24
18.6%
Q3 24
7.5%
Q2 24
-3.1%
Q1 24
31.4%
Capex Intensity
MATH
MATH
PKE
PKE
Q4 25
4.8%
Q3 25
1.1%
Q2 25
3.1%
Q1 25
3.7%
Q4 24
0.4%
Q3 24
1.2%
Q2 24
0.1%
Q1 24
1.0%
Cash Conversion
MATH
MATH
PKE
PKE
Q4 25
1.73×
Q3 25
-0.88×
Q2 25
0.76×
Q1 25
1.64×
0.78×
Q4 24
1.73×
Q3 24
-2.66×
0.70×
Q2 24
-0.43×
Q1 24
1.98×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MATH
MATH

Segment breakdown not available.

PKE
PKE

North America$16.8M97%
Other$546.0K3%

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