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Side-by-side financial comparison of Metalpha Technology Holding Ltd (MATH) and YORK WATER CO (YORW). Click either name above to swap in a different company.
YORK WATER CO is the larger business by last-quarter revenue ($19.4M vs $12.0M, roughly 1.6× Metalpha Technology Holding Ltd). YORK WATER CO runs the higher net margin — 26.7% vs -24.0%, a 50.7% gap on every dollar of revenue. On growth, YORK WATER CO posted the faster year-over-year revenue change (3.2% vs -39.0%).
Metalpha Technology Holding LtdMATHEarnings & Financial Report
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.
The York Water Company is an investor-owned, public utility company based in York, Pennsylvania and operating throughout Pennsylvania. The company was founded in 1816 by a group of local businessmen concerned about fire protection.
MATH vs YORW — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $12.0M | $19.4M |
| Net Profit | $-2.9M | $5.2M |
| Gross Margin | 28.3% | — |
| Operating Margin | -24.2% | 33.2% |
| Net Margin | -24.0% | 26.7% |
| Revenue YoY | -39.0% | 3.2% |
| Net Profit YoY | -147.7% | 0.5% |
| EPS (diluted) | $-0.07 | $0.36 |
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.
| Q4 25 | — | $19.4M | ||
| Q3 25 | $12.0M | $20.2M | ||
| Q2 25 | — | $19.1M | ||
| Q1 25 | $24.8M | $18.3M | ||
| Q4 24 | — | $18.8M | ||
| Q3 24 | $19.7M | $19.6M | ||
| Q2 24 | — | $18.6M | ||
| Q1 24 | — | $17.5M |
| Q4 25 | — | $5.2M | ||
| Q3 25 | $-2.9M | $6.2M | ||
| Q2 25 | — | $5.1M | ||
| Q1 25 | $9.8M | $3.6M | ||
| Q4 24 | — | $5.1M | ||
| Q3 24 | $6.0M | $5.9M | ||
| Q2 24 | — | $5.0M | ||
| Q1 24 | — | $4.3M |
| Q4 25 | — | — | ||
| Q3 25 | 28.3% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 85.7% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 49.5% | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | 33.2% | ||
| Q3 25 | -24.2% | 39.1% | ||
| Q2 25 | — | 37.1% | ||
| Q1 25 | 39.3% | 34.3% | ||
| Q4 24 | — | 35.8% | ||
| Q3 24 | 38.9% | 41.1% | ||
| Q2 24 | — | 37.9% | ||
| Q1 24 | — | 35.5% |
| Q4 25 | — | 26.7% | ||
| Q3 25 | -24.0% | 30.6% | ||
| Q2 25 | — | 26.5% | ||
| Q1 25 | 39.6% | 19.8% | ||
| Q4 24 | — | 27.4% | ||
| Q3 24 | 30.7% | 29.9% | ||
| Q2 24 | — | 26.8% | ||
| Q1 24 | — | 24.7% |
| Q4 25 | — | $0.36 | ||
| Q3 25 | $-0.07 | $0.43 | ||
| Q2 25 | — | $0.35 | ||
| Q1 25 | $0.25 | $0.25 | ||
| Q4 24 | — | $0.36 | ||
| Q3 24 | $0.16 | $0.41 | ||
| Q2 24 | — | $0.35 | ||
| Q1 24 | — | $0.30 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $10.1M | $1.0K |
| Total DebtLower is stronger | $101.2K | — |
| Stockholders' EquityBook value | $35.1M | $240.3M |
| Total Assets | $413.8M | $680.9M |
| Debt / EquityLower = less leverage | 0.00× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.0K | ||
| Q3 25 | $10.1M | $1.0K | ||
| Q2 25 | — | $1.0K | ||
| Q1 25 | $6.9M | $1.0K | ||
| Q4 24 | — | $1.0K | ||
| Q3 24 | $3.8M | $1.0K | ||
| Q2 24 | — | $1.0K | ||
| Q1 24 | — | $3.3M |
| Q4 25 | — | — | ||
| Q3 25 | $101.2K | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $188.0K | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $275.1K | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | $240.3M | ||
| Q3 25 | $35.1M | $238.0M | ||
| Q2 25 | — | $234.6M | ||
| Q1 25 | $36.6M | $232.1M | ||
| Q4 24 | — | $231.2M | ||
| Q3 24 | $25.3M | $228.7M | ||
| Q2 24 | — | $225.4M | ||
| Q1 24 | — | $222.9M |
| Q4 25 | — | $680.9M | ||
| Q3 25 | $413.8M | $667.1M | ||
| Q2 25 | — | $653.7M | ||
| Q1 25 | $246.8M | $641.8M | ||
| Q4 24 | — | $633.5M | ||
| Q3 24 | $237.2M | $621.4M | ||
| Q2 24 | — | $610.4M | ||
| Q1 24 | — | $602.3M |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $3.3M | $8.4M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 1.63× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $8.4M | ||
| Q3 25 | $3.3M | $7.8M | ||
| Q2 25 | — | $7.6M | ||
| Q1 25 | $16.2M | $6.0M | ||
| Q4 24 | — | $10.2M | ||
| Q3 24 | $-16.1M | $7.5M | ||
| Q2 24 | — | $6.7M | ||
| Q1 24 | — | $6.1M |
| Q4 25 | — | 1.63× | ||
| Q3 25 | — | 1.26× | ||
| Q2 25 | — | 1.50× | ||
| Q1 25 | 1.64× | 1.65× | ||
| Q4 24 | — | 1.98× | ||
| Q3 24 | -2.66× | 1.29× | ||
| Q2 24 | — | 1.34× | ||
| Q1 24 | — | 1.42× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
