vs

Side-by-side financial comparison of TRANSACT TECHNOLOGIES INC (TACT) and TON Strategy Co (TONX). Click either name above to swap in a different company.

TRANSACT TECHNOLOGIES INC is the larger business by last-quarter revenue ($11.5M vs $5.7M, roughly 2.0× TON Strategy Co). On growth, TON Strategy Co posted the faster year-over-year revenue change (694.2% vs 11.9%). TRANSACT TECHNOLOGIES INC produced more free cash flow last quarter ($589.0K vs $-8.0M). Over the past eight quarters, TON Strategy Co's revenue compounded faster (46.1% CAGR vs 3.5%).

TACT vs TONX — Head-to-Head

Bigger by revenue
TACT
TACT
2.0× larger
TACT
$11.5M
$5.7M
TONX
Growing faster (revenue YoY)
TONX
TONX
+682.2% gap
TONX
694.2%
11.9%
TACT
More free cash flow
TACT
TACT
$8.6M more FCF
TACT
$589.0K
$-8.0M
TONX
Faster 2-yr revenue CAGR
TONX
TONX
Annualised
TONX
46.1%
3.5%
TACT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
TACT
TACT
TONX
TONX
Revenue
$11.5M
$5.7M
Net Profit
$-227.9M
Gross Margin
47.6%
64.3%
Operating Margin
-10.1%
-159.2%
Net Margin
-3968.6%
Revenue YoY
11.9%
694.2%
Net Profit YoY
-7047.9%
EPS (diluted)
$-0.11
$-3.89

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
TACT
TACT
TONX
TONX
Q4 25
$11.5M
$5.7M
Q3 25
$13.2M
$3.6M
Q2 25
$13.8M
$2.1M
Q1 25
$13.1M
$1.3M
Q4 24
$10.2M
$723.0K
Q3 24
$10.9M
Q2 24
$11.6M
Q1 24
$10.7M
Net Profit
TACT
TACT
TONX
TONX
Q4 25
$-227.9M
Q3 25
$15.0K
$84.3M
Q2 25
$-143.0K
$-2.4M
Q1 25
$19.0K
$-2.6M
Q4 24
$-3.2M
Q3 24
$-551.0K
Q2 24
$-319.0K
Q1 24
$-1.0M
Gross Margin
TACT
TACT
TONX
TONX
Q4 25
47.6%
64.3%
Q3 25
49.8%
75.4%
Q2 25
48.2%
71.2%
Q1 25
48.7%
73.4%
Q4 24
44.2%
81.5%
Q3 24
48.1%
Q2 24
52.7%
Q1 24
52.6%
Operating Margin
TACT
TACT
TONX
TONX
Q4 25
-10.1%
-159.2%
Q3 25
0.1%
-601.5%
Q2 25
-1.9%
-138.2%
Q1 25
-0.1%
-203.8%
Q4 24
-10.3%
-513.1%
Q3 24
-7.7%
Q2 24
-3.8%
Q1 24
-12.2%
Net Margin
TACT
TACT
TONX
TONX
Q4 25
-3968.6%
Q3 25
0.1%
2336.8%
Q2 25
-1.0%
-111.9%
Q1 25
0.1%
-196.5%
Q4 24
-440.9%
Q3 24
-5.1%
Q2 24
-2.8%
Q1 24
-9.7%
EPS (diluted)
TACT
TACT
TONX
TONX
Q4 25
$-0.11
$-3.89
Q3 25
$0.00
$2.23
Q2 25
$-0.01
$-1.79
Q1 25
$0.00
$-2.51
Q4 24
$-0.80
$10.41
Q3 24
$-0.06
Q2 24
$-0.03
Q1 24
$-0.10

Balance Sheet & Financial Strength

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

Metric
TACT
TACT
TONX
TONX
Cash + ST InvestmentsLiquidity on hand
$20.4M
$39.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$31.1M
$406.5M
Total Assets
$44.8M
$411.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TACT
TACT
TONX
TONX
Q4 25
$20.4M
$39.5M
Q3 25
$20.0M
$53.9M
Q2 25
$17.7M
$10.4M
Q1 25
$14.2M
$12.2M
Q4 24
$14.4M
$12.5M
Q3 24
$11.3M
Q2 24
$11.1M
Q1 24
$10.6M
Stockholders' Equity
TACT
TACT
TONX
TONX
Q4 25
$31.1M
$406.5M
Q3 25
$31.8M
$639.1M
Q2 25
$31.3M
$19.4M
Q1 25
$30.9M
$14.6M
Q4 24
$30.6M
$16.2M
Q3 24
$38.4M
Q2 24
$38.5M
Q1 24
$38.6M
Total Assets
TACT
TACT
TONX
TONX
Q4 25
$44.8M
$411.2M
Q3 25
$45.0M
$661.9M
Q2 25
$44.5M
$23.7M
Q1 25
$44.2M
$18.4M
Q4 24
$44.0M
$20.6M
Q3 24
$50.5M
Q2 24
$50.4M
Q1 24
$51.9M

Cash Flow & Capital Efficiency

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

Metric
TACT
TACT
TONX
TONX
Operating Cash FlowLast quarter
$609.0K
$-8.0M
Free Cash FlowOCF − Capex
$589.0K
$-8.0M
FCF MarginFCF / Revenue
5.1%
-139.3%
Capex IntensityCapex / Revenue
0.2%
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$7.6M
$-20.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TACT
TACT
TONX
TONX
Q4 25
$609.0K
$-8.0M
Q3 25
$3.6M
$-9.4M
Q2 25
$3.6M
$-2.3M
Q1 25
$-161.0K
$-1.1M
Q4 24
$2.4M
$-1.9M
Q3 24
$327.0K
Q2 24
$636.0K
Q1 24
$-1.5M
Free Cash Flow
TACT
TACT
TONX
TONX
Q4 25
$589.0K
$-8.0M
Q3 25
$3.6M
$-9.4M
Q2 25
$3.6M
$-2.3M
Q1 25
$-171.0K
$-1.1M
Q4 24
$2.4M
$-2.0M
Q3 24
$259.0K
Q2 24
$499.0K
Q1 24
$-1.6M
FCF Margin
TACT
TACT
TONX
TONX
Q4 25
5.1%
-139.3%
Q3 25
27.1%
-261.4%
Q2 25
25.9%
-107.8%
Q1 25
-1.3%
-87.0%
Q4 24
23.2%
-279.9%
Q3 24
2.4%
Q2 24
4.3%
Q1 24
-14.9%
Capex Intensity
TACT
TACT
TONX
TONX
Q4 25
0.2%
0.1%
Q3 25
0.5%
0.4%
Q2 25
0.1%
0.1%
Q1 25
0.1%
5.1%
Q4 24
0.1%
22.1%
Q3 24
0.6%
Q2 24
1.2%
Q1 24
1.0%
Cash Conversion
TACT
TACT
TONX
TONX
Q4 25
Q3 25
242.00×
-0.11×
Q2 25
Q1 25
-8.47×
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

TACT
TACT

Segment breakdown not available.

TONX
TONX

Market Live$4.8M83%
Other$960.0K17%

Related Comparisons