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Side-by-side financial comparison of Metalpha Technology Holding Ltd (MATH) and PodcastOne, Inc. (PODC). Click either name above to swap in a different company.

PodcastOne, Inc. is the larger business by last-quarter revenue ($15.9M vs $12.0M, roughly 1.3× Metalpha Technology Holding Ltd). PodcastOne, Inc. runs the higher net margin — -1.0% vs -24.0%, a 23.0% gap on every dollar of revenue. On growth, PodcastOne, Inc. posted the faster year-over-year revenue change (24.8% 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.

PodcastOne, Inc. is a prominent audio entertainment company focusing on podcast production, distribution, and monetization. It owns a large library of original and licensed content across genres like true crime, comedy, news, sports, and lifestyle, serving global listeners and offering ad solutions for creators and brands.

MATH vs PODC — Head-to-Head

Bigger by revenue
PODC
PODC
1.3× larger
PODC
$15.9M
$12.0M
MATH
Growing faster (revenue YoY)
PODC
PODC
+63.8% gap
PODC
24.8%
-39.0%
MATH
Higher net margin
PODC
PODC
23.0% more per $
PODC
-1.0%
-24.0%
MATH

Income Statement — Q3 FY2025 vs Q3 FY2026

Metric
MATH
MATH
PODC
PODC
Revenue
$12.0M
$15.9M
Net Profit
$-2.9M
$-154.0K
Gross Margin
28.3%
16.5%
Operating Margin
-24.2%
-1.0%
Net Margin
-24.0%
-1.0%
Revenue YoY
-39.0%
24.8%
Net Profit YoY
-147.7%
90.3%
EPS (diluted)
$-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
MATH
MATH
PODC
PODC
Q4 25
$15.9M
Q3 25
$12.0M
$15.2M
Q2 25
$15.0M
Q1 25
$24.8M
$14.1M
Q4 24
$12.7M
Q3 24
$19.7M
$12.2M
Q2 24
$13.2M
Q1 24
$11.7M
Net Profit
MATH
MATH
PODC
PODC
Q4 25
$-154.0K
Q3 25
$-2.9M
$-975.0K
Q2 25
$-1.1M
Q1 25
$9.8M
$-1.8M
Q4 24
$-1.6M
Q3 24
$6.0M
$-1.7M
Q2 24
$-1.4M
Q1 24
$-1.0M
Gross Margin
MATH
MATH
PODC
PODC
Q4 25
16.5%
Q3 25
28.3%
10.6%
Q2 25
9.6%
Q1 25
85.7%
10.9%
Q4 24
5.7%
Q3 24
49.5%
8.3%
Q2 24
11.0%
Q1 24
8.9%
Operating Margin
MATH
MATH
PODC
PODC
Q4 25
-1.0%
Q3 25
-24.2%
-6.4%
Q2 25
-7.0%
Q1 25
39.3%
-13.0%
Q4 24
-12.4%
Q3 24
38.9%
-13.6%
Q2 24
-10.4%
Q1 24
-10.1%
Net Margin
MATH
MATH
PODC
PODC
Q4 25
-1.0%
Q3 25
-24.0%
-6.4%
Q2 25
-7.0%
Q1 25
39.6%
-13.1%
Q4 24
-12.5%
Q3 24
30.7%
-13.7%
Q2 24
-10.4%
Q1 24
-9.0%
EPS (diluted)
MATH
MATH
PODC
PODC
Q4 25
Q3 25
$-0.07
Q2 25
Q1 25
$0.25
Q4 24
Q3 24
$0.16
Q2 24
Q1 24

Balance Sheet & Financial Strength

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

Metric
MATH
MATH
PODC
PODC
Cash + ST InvestmentsLiquidity on hand
$10.1M
$3.4M
Total DebtLower is stronger
$101.2K
Stockholders' EquityBook value
$35.1M
$15.8M
Total Assets
$413.8M
$24.7M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MATH
MATH
PODC
PODC
Q4 25
$3.4M
Q3 25
$10.1M
$2.7M
Q2 25
$1.9M
Q1 25
$6.9M
$1.1M
Q4 24
$572.0K
Q3 24
$3.8M
$1.4M
Q2 24
$891.0K
Q1 24
$1.4M
Total Debt
MATH
MATH
PODC
PODC
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
PODC
PODC
Q4 25
$15.8M
Q3 25
$35.1M
$14.7M
Q2 25
$14.7M
Q1 25
$36.6M
$15.1M
Q4 24
$15.0M
Q3 24
$25.3M
$15.5M
Q2 24
$15.7M
Q1 24
$16.3M
Total Assets
MATH
MATH
PODC
PODC
Q4 25
$24.7M
Q3 25
$413.8M
$22.6M
Q2 25
$22.3M
Q1 25
$246.8M
$20.8M
Q4 24
$20.6M
Q3 24
$237.2M
$23.1M
Q2 24
$24.0M
Q1 24
$24.1M
Debt / Equity
MATH
MATH
PODC
PODC
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
PODC
PODC
Operating Cash FlowLast quarter
$3.3M
$579.0K
Free Cash FlowOCF − Capex
$489.0K
FCF MarginFCF / Revenue
3.1%
Capex IntensityCapex / Revenue
0.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MATH
MATH
PODC
PODC
Q4 25
$579.0K
Q3 25
$3.3M
$877.0K
Q2 25
$903.0K
Q1 25
$16.2M
$506.0K
Q4 24
$-763.0K
Q3 24
$-16.1M
$525.0K
Q2 24
$-480.0K
Q1 24
Free Cash Flow
MATH
MATH
PODC
PODC
Q4 25
$489.0K
Q3 25
Q2 25
$791.0K
Q1 25
$505.0K
Q4 24
$-783.0K
Q3 24
$464.0K
Q2 24
$-554.0K
Q1 24
FCF Margin
MATH
MATH
PODC
PODC
Q4 25
3.1%
Q3 25
Q2 25
5.3%
Q1 25
3.6%
Q4 24
-6.2%
Q3 24
3.8%
Q2 24
-4.2%
Q1 24
Capex Intensity
MATH
MATH
PODC
PODC
Q4 25
0.6%
Q3 25
0.0%
Q2 25
0.7%
Q1 25
0.0%
Q4 24
0.2%
Q3 24
0.5%
Q2 24
0.6%
Q1 24
Cash Conversion
MATH
MATH
PODC
PODC
Q4 25
Q3 25
Q2 25
Q1 25
1.64×
Q4 24
Q3 24
-2.66×
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

MATH
MATH

Segment breakdown not available.

PODC
PODC

Other$9.0M56%
Barter$6.9M44%

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