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Side-by-side financial comparison of Nexalin Technology, Inc. (NXL) and Lottery.com Inc. (SEGG). Click either name above to swap in a different company.

Nexalin Technology, Inc. is the larger business by last-quarter revenue ($171.9K vs $137.7K, roughly 1.2× Lottery.com Inc.). Nexalin Technology, Inc. runs the higher net margin — -1382.6% vs -3226.2%, a 1843.6% gap on every dollar of revenue. On growth, Nexalin Technology, Inc. posted the faster year-over-year revenue change (532.5% vs -31.4%). Over the past eight quarters, Nexalin Technology, Inc.'s revenue compounded faster (47.8% CAGR vs -84.1%).

Nexalin Technology, Inc. is a medical technology enterprise that develops and commercializes non-invasive cranial electrotherapy stimulation devices, which help treat mental health conditions including anxiety, depression and insomnia. Its products are mainly sold to healthcare providers and patients in North America and global emerging markets.

The Lottery Office is an Australian online lottery operator licensed by the Government of the Northern Territory and allows Australians and New Zealanders to play to win from the draws of the largest lotteries in the world, including US Powerball and Mega Millions. Its parent company, Global Players Network Pty Ltd (GPN), has been licensed and regulated to operate lotteries since 2003.

NXL vs SEGG — Head-to-Head

Bigger by revenue
NXL
NXL
1.2× larger
NXL
$171.9K
$137.7K
SEGG
Growing faster (revenue YoY)
NXL
NXL
+563.8% gap
NXL
532.5%
-31.4%
SEGG
Higher net margin
NXL
NXL
1843.6% more per $
NXL
-1382.6%
-3226.2%
SEGG
Faster 2-yr revenue CAGR
NXL
NXL
Annualised
NXL
47.8%
-84.1%
SEGG

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
NXL
NXL
SEGG
SEGG
Revenue
$171.9K
$137.7K
Net Profit
$-2.4M
$-4.4M
Gross Margin
87.8%
Operating Margin
-1403.9%
-3308.9%
Net Margin
-1382.6%
-3226.2%
Revenue YoY
532.5%
-31.4%
Net Profit YoY
16.1%
44.0%
EPS (diluted)
$-0.12
$-1.19

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
NXL
NXL
SEGG
SEGG
Q4 25
$171.9K
Q3 25
$18.1K
$137.7K
Q2 25
$70.6K
$191.8K
Q1 25
$41.0K
$223.8K
Q4 24
$27.2K
$348.8K
Q3 24
$36.0K
$200.7K
Q2 24
$26.8K
$257.0K
Q1 24
$78.7K
$259.3K
Net Profit
NXL
NXL
SEGG
SEGG
Q4 25
$-2.4M
Q3 25
$-2.3M
$-4.4M
Q2 25
$-1.6M
$-3.9M
Q1 25
$-2.0M
$-3.3M
Q4 24
Q3 24
$-2.4M
$-7.9M
Q2 24
$-1.3M
$-5.9M
Q1 24
$-1.0M
$-5.6M
Gross Margin
NXL
NXL
SEGG
SEGG
Q4 25
87.8%
Q3 25
78.2%
Q2 25
67.6%
15.1%
Q1 25
66.9%
27.4%
Q4 24
72.4%
69.8%
Q3 24
64.8%
57.0%
Q2 24
73.0%
82.3%
Q1 24
88.4%
67.7%
Operating Margin
NXL
NXL
SEGG
SEGG
Q4 25
-1403.9%
Q3 25
-12924.3%
-3308.9%
Q2 25
-2296.2%
-2058.5%
Q1 25
-4903.6%
-1554.6%
Q4 24
Q3 24
-6962.1%
-1824.1%
Q2 24
-4832.4%
-2291.7%
Q1 24
-1364.8%
-2157.5%
Net Margin
NXL
NXL
SEGG
SEGG
Q4 25
-1382.6%
Q3 25
-12542.3%
-3226.2%
Q2 25
-2239.7%
-2022.3%
Q1 25
-4847.8%
-1477.1%
Q4 24
Q3 24
-6794.9%
-3954.0%
Q2 24
-4785.7%
-2288.0%
Q1 24
-1323.4%
-2157.3%
EPS (diluted)
NXL
NXL
SEGG
SEGG
Q4 25
$-0.12
Q3 25
$-0.13
$-1.19
Q2 25
$-0.10
$-0.13
Q1 25
$-0.15
$-0.14
Q4 24
Q3 24
$-0.23
$-7.86
Q2 24
$-0.17
$-1.12
Q1 24
$-0.14
$-1.40

Balance Sheet & Financial Strength

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

Metric
NXL
NXL
SEGG
SEGG
Cash + ST InvestmentsLiquidity on hand
$3.7M
$320.6K
Total DebtLower is stronger
Stockholders' EquityBook value
$3.7M
$32.9M
Total Assets
$4.6M
$73.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NXL
NXL
SEGG
SEGG
Q4 25
$3.7M
Q3 25
$4.4M
$320.6K
Q2 25
$5.8M
$262.6K
Q1 25
$2.1M
$468.7K
Q4 24
$3.5M
$68.0K
Q3 24
$4.6M
$60.5K
Q2 24
$848.8K
$28.0K
Q1 24
$2.1M
$84.0K
Stockholders' Equity
NXL
NXL
SEGG
SEGG
Q4 25
$3.7M
Q3 25
$4.8M
$32.9M
Q2 25
$6.0M
$19.8M
Q1 25
$2.3M
$19.9M
Q4 24
$3.7M
$20.5M
Q3 24
$5.0M
$25.7M
Q2 24
$1.4M
$30.7M
Q1 24
$2.3M
$32.5M
Total Assets
NXL
NXL
SEGG
SEGG
Q4 25
$4.6M
Q3 25
$5.1M
$73.4M
Q2 25
$6.6M
$53.1M
Q1 25
$2.9M
$53.4M
Q4 24
$4.2M
$52.9M
Q3 24
$5.3M
$58.4M
Q2 24
$1.6M
$62.1M
Q1 24
$2.8M
$63.1M

Cash Flow & Capital Efficiency

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

Metric
NXL
NXL
SEGG
SEGG
Operating Cash FlowLast quarter
$-1.1M
$-4.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NXL
NXL
SEGG
SEGG
Q4 25
$-1.1M
Q3 25
$-1.5M
$-4.1M
Q2 25
$-917.2K
$-3.2M
Q1 25
$-1.4M
$924.9K
Q4 24
$-3.9M
$-1.5M
Q3 24
$-800.2K
$2.4M
Q2 24
$-1.2M
$-368.1K
Q1 24
$-763.3K
$-1.1M

Financial Flow Comparison

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

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