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Side-by-side financial comparison of MultiSensor AI Holdings, Inc. (MSAI) and SAFE & GREEN HOLDINGS CORP. (OLOX). Click either name above to swap in a different company.

SAFE & GREEN HOLDINGS CORP. is the larger business by last-quarter revenue ($1.8M vs $1.4M, roughly 1.3× MultiSensor AI Holdings, Inc.). MultiSensor AI Holdings, Inc. runs the higher net margin — -164.1% vs -212.0%, a 47.8% gap on every dollar of revenue. On growth, MultiSensor AI Holdings, Inc. posted the faster year-over-year revenue change (-0.9% vs -55.8%). Over the past eight quarters, MultiSensor AI Holdings, Inc.'s revenue compounded faster (-21.9% CAGR vs -34.8%).

Figure AI, Inc. is an American robotics company developing AI-powered humanoid robots. The company was founded in 2022 by Brett Adcock, also known for founding Archer Aviation and Vettery.

Safe Auto Insurance Company is an American property and casualty auto insurance carrier. It is a privately held carrier and provider of state-minimum private-passenger auto insurance for drivers in the nonstandard insurance market in 20 states across the US, including Oregon, Ohio, Indiana, Kentucky, Georgia, Pennsylvania, South Carolina, Tennessee, Louisiana, Mississippi, Illinois, Missouri, Arizona, Oklahoma, Kansas, Virginia, Texas, California, Alabama, and Colorado.

MSAI vs OLOX — Head-to-Head

Bigger by revenue
OLOX
OLOX
1.3× larger
OLOX
$1.8M
$1.4M
MSAI
Growing faster (revenue YoY)
MSAI
MSAI
+54.9% gap
MSAI
-0.9%
-55.8%
OLOX
Higher net margin
MSAI
MSAI
47.8% more per $
MSAI
-164.1%
-212.0%
OLOX
Faster 2-yr revenue CAGR
MSAI
MSAI
Annualised
MSAI
-21.9%
-34.8%
OLOX

Income Statement — Q4 FY2025 vs Q3 FY2024

Metric
MSAI
MSAI
OLOX
OLOX
Revenue
$1.4M
$1.8M
Net Profit
$-2.3M
$-3.7M
Gross Margin
-7.2%
Operating Margin
-171.6%
-127.8%
Net Margin
-164.1%
-212.0%
Revenue YoY
-0.9%
-55.8%
Net Profit YoY
23.7%
-3.0%
EPS (diluted)
$-0.02
$-113.82

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
MSAI
MSAI
OLOX
OLOX
Q4 25
$1.4M
Q3 25
$1.6M
Q2 25
$1.4M
Q1 25
$1.2M
Q4 24
$1.4M
Q3 24
$1.6M
$1.8M
Q2 24
$2.1M
$1.3M
Q1 24
$2.3M
Net Profit
MSAI
MSAI
OLOX
OLOX
Q4 25
$-2.3M
Q3 25
$-1.7M
Q2 25
$-3.3M
Q1 25
$-4.4M
Q4 24
$-3.0M
Q3 24
$-8.2M
$-3.7M
Q2 24
$-6.4M
$-4.7M
Q1 24
$-3.9M
Gross Margin
MSAI
MSAI
OLOX
OLOX
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
-7.2%
Q2 24
9.3%
Q1 24
Operating Margin
MSAI
MSAI
OLOX
OLOX
Q4 25
-171.6%
Q3 25
-107.6%
Q2 25
-233.8%
Q1 25
-394.6%
Q4 24
-199.6%
Q3 24
-541.5%
-127.8%
Q2 24
-228.1%
-150.9%
Q1 24
-112.7%
Net Margin
MSAI
MSAI
OLOX
OLOX
Q4 25
-164.1%
Q3 25
-106.5%
Q2 25
-234.1%
Q1 25
-379.1%
Q4 24
-213.2%
Q3 24
-511.5%
-212.0%
Q2 24
-300.8%
-373.1%
Q1 24
-172.4%
EPS (diluted)
MSAI
MSAI
OLOX
OLOX
Q4 25
$-0.02
Q3 25
$-0.05
Q2 25
$-0.10
Q1 25
$-0.14
Q4 24
$0.07
Q3 24
$-0.34
$-113.82
Q2 24
$-0.47
$-3.31
Q1 24
$-0.33

Balance Sheet & Financial Strength

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

Metric
MSAI
MSAI
OLOX
OLOX
Cash + ST InvestmentsLiquidity on hand
$24.4M
$257.0K
Total DebtLower is stronger
$6.6M
Stockholders' EquityBook value
$32.0M
$-8.2M
Total Assets
$35.5M
$9.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MSAI
MSAI
OLOX
OLOX
Q4 25
$24.4M
Q3 25
$1.1M
Q2 25
$3.2M
Q1 25
$4.7M
Q4 24
$4.4M
Q3 24
$8.6M
$257.0K
Q2 24
$234.0K
$1.0M
Q1 24
$491.0K
Total Debt
MSAI
MSAI
OLOX
OLOX
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$6.6M
Q2 24
$642.0K
$12.6M
Q1 24
$2.8M
Stockholders' Equity
MSAI
MSAI
OLOX
OLOX
Q4 25
$32.0M
Q3 25
$8.3M
Q2 25
$9.8M
Q1 25
$12.9M
Q4 24
$12.3M
Q3 24
$15.6M
$-8.2M
Q2 24
$1.6M
$-5.7M
Q1 24
$1.4M
Total Assets
MSAI
MSAI
OLOX
OLOX
Q4 25
$35.5M
Q3 25
$11.9M
Q2 25
$14.6M
Q1 25
$16.4M
Q4 24
$15.5M
Q3 24
$18.9M
$9.8M
Q2 24
$16.4M
$20.9M
Q1 24
$14.1M
Debt / Equity
MSAI
MSAI
OLOX
OLOX
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
0.41×
Q1 24
2.04×

Cash Flow & Capital Efficiency

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

Metric
MSAI
MSAI
OLOX
OLOX
Operating Cash FlowLast quarter
$-2.2M
Free Cash FlowOCF − Capex
$-2.6M
FCF MarginFCF / Revenue
-187.3%
Capex IntensityCapex / Revenue
26.2%
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-9.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MSAI
MSAI
OLOX
OLOX
Q4 25
$-2.2M
Q3 25
$-1.8M
Q2 25
$-804.0K
Q1 25
$-3.2M
Q4 24
$-3.1M
Q3 24
$-12.7M
Q2 24
$-303.0K
$-3.7M
Q1 24
$492.0K
Free Cash Flow
MSAI
MSAI
OLOX
OLOX
Q4 25
$-2.6M
Q3 25
$-2.1M
Q2 25
$-1.3M
Q1 25
$-3.6M
Q4 24
$-4.1M
Q3 24
$-13.2M
Q2 24
$-844.0K
$-3.7M
Q1 24
$-79.0K
FCF Margin
MSAI
MSAI
OLOX
OLOX
Q4 25
-187.3%
Q3 25
-136.1%
Q2 25
-91.5%
Q1 25
-308.6%
Q4 24
-294.6%
Q3 24
-823.2%
Q2 24
-39.7%
-296.7%
Q1 24
-3.5%
Capex Intensity
MSAI
MSAI
OLOX
OLOX
Q4 25
26.2%
Q3 25
21.5%
Q2 25
34.8%
Q1 25
37.2%
Q4 24
76.2%
Q3 24
30.5%
0.0%
Q2 24
25.5%
2.0%
Q1 24
25.1%

Financial Flow Comparison

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

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