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Side-by-side financial comparison of Token Cat Ltd (TC) and Meiwu Technology Co Ltd (WNW). Click either name above to swap in a different company.
Token Cat Ltd is the larger business by last-quarter revenue ($2.8M vs $2.5M, roughly 1.1× Meiwu Technology Co Ltd). Token Cat Ltd runs the higher net margin — -3.4% vs -54.9%, a 51.6% gap on every dollar of revenue. On growth, Meiwu Technology Co Ltd posted the faster year-over-year revenue change (2775.9% vs -37.9%).
TC vs WNW — Head-to-Head
Income Statement — Q2 FY2025 vs Q2 FY2025
| Metric | ||
|---|---|---|
| Revenue | $2.8M | $2.5M |
| Net Profit | $-93.0K | $-1.4M |
| Gross Margin | 79.0% | 12.8% |
| Operating Margin | -206.9% | -55.5% |
| Net Margin | -3.4% | -54.9% |
| Revenue YoY | -37.9% | 2775.9% |
| Net Profit YoY | 98.3% | -293.8% |
| EPS (diluted) | — | $-0.03 |
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.
| Q2 25 | $2.8M | $2.5M | ||
| Q2 24 | $4.4M | — | ||
| Q2 23 | $12.7M | — | ||
| Q2 22 | $13.3M | — |
| Q2 25 | $-93.0K | $-1.4M | ||
| Q2 24 | $-5.6M | — | ||
| Q2 23 | $-4.2M | — | ||
| Q2 22 | $-8.4M | — |
| Q2 25 | 79.0% | 12.8% | ||
| Q2 24 | 69.2% | — | ||
| Q2 23 | 63.4% | — | ||
| Q2 22 | 81.0% | — |
| Q2 25 | -206.9% | -55.5% | ||
| Q2 24 | -146.9% | — | ||
| Q2 23 | -59.9% | — | ||
| Q2 22 | -49.6% | — |
| Q2 25 | -3.4% | -54.9% | ||
| Q2 24 | -125.9% | — | ||
| Q2 23 | -33.3% | — | ||
| Q2 22 | -62.9% | — |
| Q2 25 | — | $-0.03 | ||
| Q2 24 | — | — | ||
| Q2 23 | — | — | ||
| Q2 22 | $-0.03 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $150.0K | $33.3M |
| Total DebtLower is stronger | $1.4M | — |
| Stockholders' EquityBook value | $4.6M | $58.4M |
| Total Assets | $28.4M | $60.1M |
| Debt / EquityLower = less leverage | 0.30× | — |
8-quarter trend — quarters aligned by calendar period.
| Q2 25 | $150.0K | $33.3M | ||
| Q2 24 | $689.0K | — | ||
| Q2 23 | $3.0M | — | ||
| Q2 22 | $4.8M | — |
| Q2 25 | $1.4M | — | ||
| Q2 24 | $1.8M | — | ||
| Q2 23 | — | — | ||
| Q2 22 | — | — |
| Q2 25 | $4.6M | $58.4M | ||
| Q2 24 | $-787.0K | — | ||
| Q2 23 | $9.1M | — | ||
| Q2 22 | $21.4M | — |
| Q2 25 | $28.4M | $60.1M | ||
| Q2 24 | $12.5M | — | ||
| Q2 23 | $25.1M | — | ||
| Q2 22 | $40.6M | — |
| Q2 25 | 0.30× | — | ||
| Q2 24 | — | — | ||
| Q2 23 | — | — | ||
| Q2 22 | — | — |
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 | $-23.7M | $6.7M |
| 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.
| Q2 25 | $-23.7M | $6.7M | ||
| Q2 24 | $-1.5M | — | ||
| Q2 23 | $-7.2M | — | ||
| Q2 22 | $-8.3M | — |
| Q2 25 | — | — | ||
| Q2 24 | $-1.5M | — | ||
| Q2 23 | — | — | ||
| Q2 22 | $-8.3M | — |
| Q2 25 | — | — | ||
| Q2 24 | -34.4% | — | ||
| Q2 23 | — | — | ||
| Q2 22 | -62.2% | — |
| Q2 25 | — | — | ||
| Q2 24 | 0.0% | — | ||
| Q2 23 | — | — | ||
| Q2 22 | 0.1% | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.