vs
Side-by-side financial comparison of PureCycle Technologies, Inc. (PCT) and XMax Inc. (XWIN). Click either name above to swap in a different company.
PureCycle Technologies, Inc. is the larger business by last-quarter revenue ($2.7M vs $1.8M, roughly 1.5× XMax Inc.).
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.
XMax Inc. is a global tech firm focused on Web3 gaming infrastructure and interactive entertainment solutions. It builds custom game development toolkits, decentralized asset systems and cross-platform gaming products for developers and consumers in North America, APAC and Europe.
PCT vs XWIN — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.7M | $1.8M |
| Net Profit | $-18.8M | — |
| Gross Margin | — | 40.3% |
| Operating Margin | -2196.1% | -59.3% |
| Net Margin | -697.1% | — |
| Revenue YoY | — | -11.8% |
| Net Profit YoY | 71.0% | — |
| EPS (diluted) | $-0.14 | $-0.06 |
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 | $2.7M | $1.8M | ||
| Q3 25 | $2.4M | $9.8M | ||
| Q2 25 | $1.6M | $2.6M | ||
| Q1 25 | $1.6M | $2.6M | ||
| Q4 24 | $0 | $2.0M | ||
| Q3 24 | $0 | $2.6M | ||
| Q2 24 | $0 | $2.7M | ||
| Q1 24 | $0 | $2.4M |
| Q4 25 | $-18.8M | — | ||
| Q3 25 | $-28.4M | $-1.1M | ||
| Q2 25 | $-144.2M | $-289.9K | ||
| Q1 25 | $8.8M | $-338.9K | ||
| Q4 24 | $-64.7M | — | ||
| Q3 24 | $-90.6M | $-2.5M | ||
| Q2 24 | $-48.2M | $-563.5K | ||
| Q1 24 | $-85.6M | $-1.5M |
| Q4 25 | — | 40.3% | ||
| Q3 25 | — | 10.1% | ||
| Q2 25 | — | 50.2% | ||
| Q1 25 | — | 45.7% | ||
| Q4 24 | — | 42.8% | ||
| Q3 24 | — | 45.1% | ||
| Q2 24 | — | 44.4% | ||
| Q1 24 | — | 42.8% |
| Q4 25 | -2196.1% | -59.3% | ||
| Q3 25 | -1602.2% | -5.0% | ||
| Q2 25 | -2763.5% | -7.7% | ||
| Q1 25 | -2387.4% | -7.3% | ||
| Q4 24 | — | -48.4% | ||
| Q3 24 | — | -92.0% | ||
| Q2 24 | — | -18.5% | ||
| Q1 24 | — | -62.6% |
| Q4 25 | -697.1% | — | ||
| Q3 25 | -1167.5% | -11.5% | ||
| Q2 25 | -8741.8% | -11.3% | ||
| Q1 25 | 559.0% | -12.9% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -94.3% | ||
| Q2 24 | — | -21.0% | ||
| Q1 24 | — | -61.6% |
| Q4 25 | $-0.14 | $-0.06 | ||
| Q3 25 | $-0.31 | $-0.06 | ||
| Q2 25 | $-0.81 | $-0.02 | ||
| Q1 25 | $0.05 | $-0.03 | ||
| Q4 24 | $-0.40 | $0.11 | ||
| Q3 24 | $-0.54 | $-0.72 | ||
| Q2 24 | $-0.29 | $-0.22 | ||
| Q1 24 | $-0.52 | $-0.65 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $156.7M | $6.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $45.9M | $28.0M |
| Total Assets | $922.7M | $35.5M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $156.7M | $6.7M | ||
| Q3 25 | $234.4M | $1.7M | ||
| Q2 25 | $284.1M | $468.8K | ||
| Q1 25 | $22.5M | $147.3K | ||
| Q4 24 | $15.7M | $161.9K | ||
| Q3 24 | $83.7M | $162.3K | ||
| Q2 24 | $10.9M | $363.4K | ||
| Q1 24 | $25.0M | $273.1K |
| Q4 25 | $45.9M | $28.0M | ||
| Q3 25 | $68.2M | $13.6M | ||
| Q2 25 | $98.9M | $6.5M | ||
| Q1 25 | $238.2M | $6.8M | ||
| Q4 24 | $180.4M | $3.1M | ||
| Q3 24 | $241.4M | $-895.9K | ||
| Q2 24 | $291.6M | $48.2K | ||
| Q1 24 | $336.8M | $-42.7K |
| Q4 25 | $922.7M | $35.5M | ||
| Q3 25 | $989.1M | $18.3M | ||
| Q2 25 | $1.0B | $11.6M | ||
| Q1 25 | $787.3M | $11.9M | ||
| Q4 24 | $798.4M | $9.9M | ||
| Q3 24 | $788.8M | $5.1M | ||
| Q2 24 | $719.8M | $5.8M | ||
| Q1 24 | $734.0M | $6.2M |
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 | $-28.7M | $1.7M |
| 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.
| Q4 25 | $-28.7M | $1.7M | ||
| Q3 25 | $-38.5M | $-1.9M | ||
| Q2 25 | $-36.7M | $92.5K | ||
| Q1 25 | $-38.9M | $-322.6K | ||
| Q4 24 | $-31.8M | $-263.4K | ||
| Q3 24 | $-33.4M | $-437.9K | ||
| Q2 24 | $-40.4M | $-468.7K | ||
| Q1 24 | $-39.2M | $-221.7K |
| 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 | — |
| Q4 25 | -1559.6% | — | ||
| Q3 25 | -1743.1% | — | ||
| Q2 25 | -2747.1% | — | ||
| Q1 25 | -3409.6% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | 495.1% | — | ||
| Q3 25 | 160.3% | — | ||
| Q2 25 | 521.5% | — | ||
| Q1 25 | 949.6% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| 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.
Revenue Breakdown by Segment
PCT
Segment breakdown not available.
XWIN
| North America | $1.7M | 97% |
| Other | $50.4K | 3% |
