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Side-by-side financial comparison of Belpointe PREP, LLC (OZ) and PureCycle Technologies, Inc. (PCT). Click either name above to swap in a different company.

Belpointe PREP, LLC is the larger business by last-quarter revenue ($3.1M vs $2.7M, roughly 1.1× PureCycle Technologies, Inc.). Belpointe PREP, LLC runs the higher net margin — -380.8% vs -697.1%, a 316.3% gap on every dollar of revenue.

PureCycle Technologies, Inc. is a sustainable materials firm with proprietary advanced polypropylene recycling technology. It converts contaminated polypropylene waste into high-purity virgin-equivalent resin for use in consumer goods, automotive parts, packaging and industrial products, serving global partners.

OZ vs PCT — Head-to-Head

Bigger by revenue
OZ
OZ
1.1× larger
OZ
$3.1M
$2.7M
PCT
Higher net margin
OZ
OZ
316.3% more per $
OZ
-380.8%
-697.1%
PCT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
OZ
OZ
PCT
PCT
Revenue
$3.1M
$2.7M
Net Profit
$-11.7M
$-18.8M
Gross Margin
Operating Margin
-2196.1%
Net Margin
-380.8%
-697.1%
Revenue YoY
180.1%
Net Profit YoY
-41.8%
71.0%
EPS (diluted)
$-3.10
$-0.14

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
OZ
OZ
PCT
PCT
Q4 25
$3.1M
$2.7M
Q3 25
$2.4M
$2.4M
Q2 25
$2.0M
$1.6M
Q1 25
$1.7M
$1.6M
Q4 24
$1.1M
$0
Q3 24
$860.0K
$0
Q2 24
$384.0K
$0
Q1 24
$337.0K
$0
Net Profit
OZ
OZ
PCT
PCT
Q4 25
$-11.7M
$-18.8M
Q3 25
$-12.1M
$-28.4M
Q2 25
$-7.6M
$-144.2M
Q1 25
$-8.6M
$8.8M
Q4 24
$-8.2M
$-64.7M
Q3 24
$-6.9M
$-90.6M
Q2 24
$-4.7M
$-48.2M
Q1 24
$-4.0M
$-85.6M
Operating Margin
OZ
OZ
PCT
PCT
Q4 25
-2196.1%
Q3 25
-1602.2%
Q2 25
-2763.5%
Q1 25
-2387.4%
Q4 24
Q3 24
Q2 24
Q1 24
Net Margin
OZ
OZ
PCT
PCT
Q4 25
-380.8%
-697.1%
Q3 25
-509.3%
-1167.5%
Q2 25
-381.0%
-8741.8%
Q1 25
-495.6%
559.0%
Q4 24
-752.0%
Q3 24
-805.6%
Q2 24
-1229.2%
Q1 24
-1181.3%
EPS (diluted)
OZ
OZ
PCT
PCT
Q4 25
$-3.10
$-0.14
Q3 25
$-3.21
$-0.31
Q2 25
$-2.06
$-0.81
Q1 25
$-2.35
$0.05
Q4 24
$-2.26
$-0.40
Q3 24
$-1.90
$-0.54
Q2 24
$-1.30
$-0.29
Q1 24
$-1.10
$-0.52

Balance Sheet & Financial Strength

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

Metric
OZ
OZ
PCT
PCT
Cash + ST InvestmentsLiquidity on hand
$24.3M
$156.7M
Total DebtLower is stronger
$260.6M
Stockholders' EquityBook value
$45.9M
Total Assets
$564.2M
$922.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OZ
OZ
PCT
PCT
Q4 25
$24.3M
$156.7M
Q3 25
$29.6M
$234.4M
Q2 25
$25.0M
$284.1M
Q1 25
$23.0M
$22.5M
Q4 24
$24.7M
$15.7M
Q3 24
$24.0M
$83.7M
Q2 24
$24.7M
$10.9M
Q1 24
$29.2M
$25.0M
Total Debt
OZ
OZ
PCT
PCT
Q4 25
$260.6M
Q3 25
$251.4M
Q2 25
$228.4M
Q1 25
$203.3M
Q4 24
$177.0M
Q3 24
$144.1M
Q2 24
$119.9M
Q1 24
$86.9M
Stockholders' Equity
OZ
OZ
PCT
PCT
Q4 25
$45.9M
Q3 25
$68.2M
Q2 25
$98.9M
Q1 25
$238.2M
Q4 24
$180.4M
Q3 24
$241.4M
Q2 24
$291.6M
Q1 24
$336.8M
Total Assets
OZ
OZ
PCT
PCT
Q4 25
$564.2M
$922.7M
Q3 25
$570.8M
$989.1M
Q2 25
$556.8M
$1.0B
Q1 25
$537.4M
$787.3M
Q4 24
$517.6M
$798.4M
Q3 24
$495.7M
$788.8M
Q2 24
$476.2M
$719.8M
Q1 24
$450.9M
$734.0M

Cash Flow & Capital Efficiency

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

Metric
OZ
OZ
PCT
PCT
Operating Cash FlowLast quarter
$-25.2M
$-28.7M
Free Cash FlowOCF − Capex
$-42.0M
FCF MarginFCF / Revenue
-1559.6%
Capex IntensityCapex / Revenue
495.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-183.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OZ
OZ
PCT
PCT
Q4 25
$-25.2M
$-28.7M
Q3 25
$-6.0M
$-38.5M
Q2 25
$-2.4M
$-36.7M
Q1 25
$-6.6M
$-38.9M
Q4 24
$-13.7M
$-31.8M
Q3 24
$-3.3M
$-33.4M
Q2 24
$1.2M
$-40.4M
Q1 24
$-6.6M
$-39.2M
Free Cash Flow
OZ
OZ
PCT
PCT
Q4 25
$-42.0M
Q3 25
$-42.4M
Q2 25
$-45.3M
Q1 25
$-53.9M
Q4 24
$-53.4M
Q3 24
$-42.6M
Q2 24
$-50.8M
Q1 24
$-53.5M
FCF Margin
OZ
OZ
PCT
PCT
Q4 25
-1559.6%
Q3 25
-1743.1%
Q2 25
-2747.1%
Q1 25
-3409.6%
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
OZ
OZ
PCT
PCT
Q4 25
495.1%
Q3 25
160.3%
Q2 25
521.5%
Q1 25
949.6%
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
OZ
OZ
PCT
PCT
Q4 25
Q3 25
Q2 25
Q1 25
-4.40×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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