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Side-by-side financial comparison of Ostin Technology Group Co., Ltd. (OST) and TriSalus Life Sciences, Inc. (TLSI). Click either name above to swap in a different company.

Ostin Technology Group Co., Ltd. is the larger business by last-quarter revenue ($20.8M vs $13.2M, roughly 1.6× TriSalus Life Sciences, Inc.). Ostin Technology Group Co., Ltd. runs the higher net margin — -24.8% vs -73.9%, a 49.0% gap on every dollar of revenue. On growth, TriSalus Life Sciences, Inc. posted the faster year-over-year revenue change (59.8% vs 39.2%).

Ostin Technology Group Co., Ltd. is a provider of display and interactive technology solutions. It develops and manufactures touch panels, interactive whiteboards and custom display modules, serving consumer electronics, education and commercial segments across Asia Pacific, North America and European markets.

TriSalus Life Sciences, Inc. is a clinical-stage biotechnology company focused on advancing immuno-oncology and interventional oncology solutions. It develops proprietary targeted drug delivery technologies designed to improve treatment efficacy for patients with liver, pancreatic and other hard-to-treat solid tumors, primarily operating in North American markets via partnerships with clinical care and research institutions.

OST vs TLSI — Head-to-Head

Bigger by revenue
OST
OST
1.6× larger
OST
$20.8M
$13.2M
TLSI
Growing faster (revenue YoY)
TLSI
TLSI
+20.6% gap
TLSI
59.8%
39.2%
OST
Higher net margin
OST
OST
49.0% more per $
OST
-24.8%
-73.9%
TLSI

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
OST
OST
TLSI
TLSI
Revenue
$20.8M
$13.2M
Net Profit
$-5.2M
$-9.8M
Gross Margin
9.1%
86.7%
Operating Margin
-23.4%
-24.8%
Net Margin
-24.8%
-73.9%
Revenue YoY
39.2%
59.8%
Net Profit YoY
-11.6%
3.5%
EPS (diluted)
$-2.98
$-0.22

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
OST
OST
TLSI
TLSI
Q4 25
$13.2M
Q3 25
$11.6M
Q2 25
$11.2M
Q1 25
$20.8M
$9.2M
Q4 24
$8.3M
Q3 24
$7.3M
Q2 24
$7.4M
Q1 24
$15.0M
$6.5M
Net Profit
OST
OST
TLSI
TLSI
Q4 25
$-9.8M
Q3 25
$-10.8M
Q2 25
$-8.3M
Q1 25
$-5.2M
$-10.4M
Q4 24
$-10.1M
Q3 24
$-2.4M
Q2 24
$-4.3M
Q1 24
$-4.6M
$-13.2M
Gross Margin
OST
OST
TLSI
TLSI
Q4 25
86.7%
Q3 25
83.5%
Q2 25
83.9%
Q1 25
9.1%
83.7%
Q4 24
85.3%
Q3 24
86.3%
Q2 24
87.6%
Q1 24
5.9%
85.0%
Operating Margin
OST
OST
TLSI
TLSI
Q4 25
-24.8%
Q3 25
-77.9%
Q2 25
-65.4%
Q1 25
-23.4%
-79.9%
Q4 24
-91.8%
Q3 24
-118.9%
Q2 24
-111.0%
Q1 24
-25.3%
-180.8%
Net Margin
OST
OST
TLSI
TLSI
Q4 25
-73.9%
Q3 25
-93.5%
Q2 25
-73.9%
Q1 25
-24.8%
-113.2%
Q4 24
-122.4%
Q3 24
-32.6%
Q2 24
-58.8%
Q1 24
-31.0%
-204.5%
EPS (diluted)
OST
OST
TLSI
TLSI
Q4 25
$-0.22
Q3 25
$-0.96
Q2 25
$-0.27
Q1 25
$-2.98
$-0.39
Q4 24
$-0.38
Q3 24
$-0.12
Q2 24
$-0.21
Q1 24
$-0.29
$-0.60

Balance Sheet & Financial Strength

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

Metric
OST
OST
TLSI
TLSI
Cash + ST InvestmentsLiquidity on hand
$1.7M
$20.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.7M
$-33.9M
Total Assets
$52.6M
$35.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OST
OST
TLSI
TLSI
Q4 25
$20.4M
Q3 25
$22.7M
Q2 25
$26.5M
Q1 25
$1.7M
$13.0M
Q4 24
$8.5M
Q3 24
$11.3M
Q2 24
$16.5M
Q1 24
$1.7M
$4.0M
Stockholders' Equity
OST
OST
TLSI
TLSI
Q4 25
$-33.9M
Q3 25
$-26.7M
Q2 25
$-19.4M
Q1 25
$2.7M
$-34.4M
Q4 24
$-25.9M
Q3 24
$-20.4M
Q2 24
$-25.3M
Q1 24
$10.3M
$-36.0M
Total Assets
OST
OST
TLSI
TLSI
Q4 25
$35.3M
Q3 25
$36.5M
Q2 25
$41.3M
Q1 25
$52.6M
$28.6M
Q4 24
$24.0M
Q3 24
$27.5M
Q2 24
$32.4M
Q1 24
$51.4M
$17.9M

Cash Flow & Capital Efficiency

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

Metric
OST
OST
TLSI
TLSI
Operating Cash FlowLast quarter
$-2.5M
Free Cash FlowOCF − Capex
$-2.5M
FCF MarginFCF / Revenue
-19.1%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-19.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OST
OST
TLSI
TLSI
Q4 25
$-2.5M
Q3 25
$-3.7M
Q2 25
$-7.3M
Q1 25
$-4.5M
Q4 24
$-5.7M
Q3 24
$-10.8M
Q2 24
$-13.4M
Q1 24
$-3.9M
$-10.9M
Free Cash Flow
OST
OST
TLSI
TLSI
Q4 25
$-2.5M
Q3 25
$-3.9M
Q2 25
$-7.4M
Q1 25
$-5.3M
Q4 24
$-5.8M
Q3 24
$-11.0M
Q2 24
$-13.5M
Q1 24
$-4.5M
$-10.9M
FCF Margin
OST
OST
TLSI
TLSI
Q4 25
-19.1%
Q3 25
-33.9%
Q2 25
-66.1%
Q1 25
-57.3%
Q4 24
-69.7%
Q3 24
-149.9%
Q2 24
-183.1%
Q1 24
-30.1%
-169.3%
Capex Intensity
OST
OST
TLSI
TLSI
Q4 25
0.3%
Q3 25
1.9%
Q2 25
0.8%
Q1 25
8.2%
Q4 24
0.6%
Q3 24
2.3%
Q2 24
0.8%
Q1 24
4.1%
1.0%

Financial Flow Comparison

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

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