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Side-by-side financial comparison of POET TECHNOLOGIES INC. (POET) and TREASURE GLOBAL INC (TGL). Click either name above to swap in a different company.

POET TECHNOLOGIES INC. is the larger business by last-quarter revenue ($298.4K vs $182.5K, roughly 1.6× TREASURE GLOBAL INC). TREASURE GLOBAL INC runs the higher net margin — -1169.1% vs -3139.6%, a 1970.5% gap on every dollar of revenue. TREASURE GLOBAL INC produced more free cash flow last quarter ($-2.4M vs $-17.5M). Over the past eight quarters, POET TECHNOLOGIES INC.'s revenue compounded faster (13.2% CAGR vs -83.5%).

POET Technologies designs and develops photonic integrated circuits based on its proprietary Optical Interposer platform. Headquartered in Toronto with operations in Singapore, the company supplies optical engines and transceivers used in AI data centers, high-speed networking, and sensing applications.

Treasure Global Inc is a consumer technology company offering integrated digital commerce solutions, customer loyalty rewards programs, and cashless payment services. It primarily operates across Southeast Asian markets, serving individual users and small-to-medium enterprise clients.

POET vs TGL — Head-to-Head

Bigger by revenue
POET
POET
1.6× larger
POET
$298.4K
$182.5K
TGL
Higher net margin
TGL
TGL
1970.5% more per $
TGL
-1169.1%
-3139.6%
POET
More free cash flow
TGL
TGL
$15.1M more FCF
TGL
$-2.4M
$-17.5M
POET
Faster 2-yr revenue CAGR
POET
POET
Annualised
POET
13.2%
-83.5%
TGL

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
POET
POET
TGL
TGL
Revenue
$298.4K
$182.5K
Net Profit
$-9.4M
$-2.1M
Gross Margin
0.7%
Operating Margin
-3201.6%
-953.5%
Net Margin
-3139.6%
-1169.1%
Revenue YoY
-12.0%
Net Profit YoY
-124.5%
EPS (diluted)
$-0.38

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
POET
POET
TGL
TGL
Q4 25
$298.4K
Q3 25
$268.5K
$182.5K
Q2 25
$166.8K
$1.2M
Q1 25
$666.5K
Q4 24
$301.9K
Q3 24
$177.4K
$207.4K
Q2 24
$293.0K
Q1 24
$1.6M
Net Profit
POET
POET
TGL
TGL
Q4 25
$-9.4M
Q3 25
$-17.3M
$-2.1M
Q2 25
$6.3M
Q1 25
$1.3M
Q4 24
$-232.3K
Q3 24
$-8.0M
$-950.7K
Q2 24
Q1 24
$-1.7M
Gross Margin
POET
POET
TGL
TGL
Q4 25
Q3 25
0.7%
Q2 25
68.2%
Q1 25
73.0%
Q4 24
74.2%
Q3 24
83.0%
Q2 24
31.0%
Q1 24
13.6%
Operating Margin
POET
POET
TGL
TGL
Q4 25
-3201.6%
Q3 25
-3261.9%
-953.5%
Q2 25
-5718.6%
Q1 25
-6.5%
Q4 24
-229.5%
Q3 24
-3809.2%
-391.4%
Q2 24
Q1 24
-85.9%
Net Margin
POET
POET
TGL
TGL
Q4 25
-3139.6%
Q3 25
-6430.3%
-1169.1%
Q2 25
3802.8%
Q1 25
189.0%
Q4 24
-77.0%
Q3 24
-4498.5%
-458.5%
Q2 24
Q1 24
-107.3%
EPS (diluted)
POET
POET
TGL
TGL
Q4 25
Q3 25
$-0.38
Q2 25
$-0.12
Q1 25
$1.09
Q4 24
$-11.32
Q3 24
$-17.62
Q2 24
Q1 24
$-116.03

Balance Sheet & Financial Strength

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

Metric
POET
POET
TGL
TGL
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
Stockholders' EquityBook value
$12.0M
Total Assets
$16.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
POET
POET
TGL
TGL
Q4 25
Q3 25
Q2 25
Q1 25
$2.5K
Q4 24
$504.3K
Q3 24
$44.1K
Q2 24
$171.6K
Q1 24
Stockholders' Equity
POET
POET
TGL
TGL
Q4 25
Q3 25
$12.0M
Q2 25
$10.7M
Q1 25
$29.1M
Q4 24
$18.4M
Q3 24
$6.3M
Q2 24
$3.4M
Q1 24
$3.1M
Total Assets
POET
POET
TGL
TGL
Q4 25
Q3 25
$16.6M
Q2 25
$14.9M
Q1 25
$30.4M
Q4 24
$19.1M
Q3 24
$7.1M
Q2 24
$4.3M
Q1 24
$4.2M

Cash Flow & Capital Efficiency

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

Metric
POET
POET
TGL
TGL
Operating Cash FlowLast quarter
$-14.6M
$-1.8M
Free Cash FlowOCF − Capex
$-17.5M
$-2.4M
FCF MarginFCF / Revenue
-5851.0%
-1318.2%
Capex IntensityCapex / Revenue
958.2%
353.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-46.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
POET
POET
TGL
TGL
Q4 25
$-14.6M
Q3 25
$-9.1M
$-1.8M
Q2 25
$-9.0M
$-9.5M
Q1 25
$-4.2M
Q4 24
$-606.2K
Q3 24
$-8.4M
$-976.3K
Q2 24
$-4.7M
Q1 24
$-1.1M
Free Cash Flow
POET
POET
TGL
TGL
Q4 25
$-17.5M
Q3 25
$-11.0M
$-2.4M
Q2 25
$-9.5M
$-9.5M
Q1 25
$-4.2M
Q4 24
Q3 24
$-8.5M
Q2 24
$-4.7M
Q1 24
$-1.1M
FCF Margin
POET
POET
TGL
TGL
Q4 25
-5851.0%
Q3 25
-4101.6%
-1318.2%
Q2 25
-5698.0%
-822.4%
Q1 25
-635.6%
Q4 24
Q3 24
-4802.5%
Q2 24
-1614.2%
Q1 24
-67.1%
Capex Intensity
POET
POET
TGL
TGL
Q4 25
958.2%
Q3 25
712.3%
353.3%
Q2 25
313.3%
1.3%
Q1 25
0.3%
Q4 24
Q3 24
68.8%
Q2 24
5.7%
Q1 24
0.0%
Cash Conversion
POET
POET
TGL
TGL
Q4 25
Q3 25
Q2 25
-1.42×
Q1 25
-3.36×
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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