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Side-by-side financial comparison of Pony AI Inc. (PONY) and QMMM Holdings Ltd (QMMM). Click either name above to swap in a different company.

Pony AI Inc. is the larger business by last-quarter revenue ($2.1M vs $2.0M, roughly 1.0× QMMM Holdings Ltd). QMMM Holdings Ltd runs the higher net margin — -7.1% vs -284.8%, a 277.6% gap on every dollar of revenue.

Pony Canyon Inc. , also known by the shorthand form Ponican , is a Japanese company, established on October 1, 1966, which distributes music, films, home video, and video games. It is affiliated with the Japanese media group Fujisankei Communications Group. Pony Canyon is a major leader in the music industry in Japan, with its artists regularly at the top of the Japanese charts. Pony Canyon is also responsible for releasing taped concerts from its artists as well as many anime productions and...

PONY vs QMMM — Head-to-Head

Bigger by revenue
PONY
PONY
1.0× larger
PONY
$2.1M
$2.0M
QMMM
Higher net margin
QMMM
QMMM
277.6% more per $
QMMM
-7.1%
-284.8%
PONY

Income Statement — Q3 FY2025 vs Q2 FY2025

Metric
PONY
PONY
QMMM
QMMM
Revenue
$2.1M
$2.0M
Net Profit
$-5.9M
$-146.1K
Gross Margin
9.2%
27.1%
Operating Margin
-275.3%
-6.5%
Net Margin
-284.8%
-7.1%
Revenue YoY
Net Profit YoY
EPS (diluted)
$-3.51

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
PONY
PONY
QMMM
QMMM
Q3 25
$2.1M
Q2 25
$1.7M
Q1 25
$1.9M
$2.0M
Q1 24
$1.3M
Net Profit
PONY
PONY
QMMM
QMMM
Q3 25
$-5.9M
Q2 25
$-4.3M
Q1 25
$-5.2M
$-146.1K
Q1 24
$-612.0K
Gross Margin
PONY
PONY
QMMM
QMMM
Q3 25
9.2%
Q2 25
Q1 25
16.6%
27.1%
Q1 24
24.1%
Operating Margin
PONY
PONY
QMMM
QMMM
Q3 25
-275.3%
Q2 25
-303.4%
Q1 25
-400.9%
-6.5%
Q1 24
-46.2%
Net Margin
PONY
PONY
QMMM
QMMM
Q3 25
-284.8%
Q2 25
-253.7%
Q1 25
-267.4%
-7.1%
Q1 24
-45.5%
EPS (diluted)
PONY
PONY
QMMM
QMMM
Q3 25
$-3.51
Q2 25
$-0.92
Q1 25
$-0.12
Q1 24

Balance Sheet & Financial Strength

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

Metric
PONY
PONY
QMMM
QMMM
Cash + ST InvestmentsLiquidity on hand
$62.5M
$167.9K
Total DebtLower is stronger
Stockholders' EquityBook value
$114.1M
$3.9M
Total Assets
$126.5M
$4.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PONY
PONY
QMMM
QMMM
Q3 25
$62.5M
Q2 25
$84.9M
Q1 25
$86.8M
$167.9K
Q1 24
$218.9K
Stockholders' Equity
PONY
PONY
QMMM
QMMM
Q3 25
$114.1M
Q2 25
$120.6M
Q1 25
$126.4M
$3.9M
Q1 24
$-1.1M
Total Assets
PONY
PONY
QMMM
QMMM
Q3 25
$126.5M
Q2 25
$138.3M
Q1 25
$134.0M
$4.5M
Q1 24
$1.3M

Cash Flow & Capital Efficiency

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

Metric
PONY
PONY
QMMM
QMMM
Operating Cash FlowLast quarter
$-2.9M
$-301.2K
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
PONY
PONY
QMMM
QMMM
Q3 25
$-2.9M
Q2 25
$-2.5M
Q1 25
$-7.5M
$-301.2K
Q1 24
$-184.6K

Financial Flow Comparison

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

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