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Side-by-side financial comparison of Almonty Industries Inc. (ALM) and AMERICAN SUPERCONDUCTOR CORP /DE/ (AMSC), based on the latest 10-Q / 10-K filings. Click either name above to swap in a different company.

AMERICAN SUPERCONDUCTOR CORP /DE/ is the larger business by last-quarter revenue ($74.5M vs $6.3M, roughly 11.9× Almonty Industries Inc.). AMERICAN SUPERCONDUCTOR CORP /DE/ runs the higher net margin — -86.1% vs 158.1%, a 244.1% gap on every dollar of revenue.

Almonty Industries Inc. is an international mining company primarily engaged in the extraction and development of tungsten resources. The company operates in Spain, Portugal, and South Korea and is publicly traded on the Toronto Stock Exchange (TSX). The current Chief Executive Officer is Lewis Black.

Anglo American plc is a British multinational mining company with headquarters in London, England. It is the world's largest producer of platinum, representing approximately 40 percent of global output, as well as being a major producer of diamonds, copper, nickel, iron ore, polyhalite and steelmaking coal. The company has operations in Africa, Asia, Australia, Europe, North America and South America.

ALM vs AMSC — Head-to-Head

Bigger by revenue
AMSC
AMSC
11.9× larger
AMSC
$74.5M
$6.3M
ALM
Higher net margin
AMSC
AMSC
244.1% more per $
AMSC
158.1%
-86.1%
ALM

Income Statement — Q3 2025 vs Q3 2026

Metric
ALM
ALM
AMSC
AMSC
Revenue
$6.3M
$74.5M
Net Profit
$-5.4M
$117.8M
Gross Margin
30.7%
Operating Margin
4.5%
Net Margin
-86.1%
158.1%
Revenue YoY
21.4%
Net Profit YoY
4679.1%
EPS (diluted)
$2.62

Green = leading value per metric. Periods may differ when fiscal calendars don't align — see 8-quarter trend below.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.

Revenue
ALM
ALM
AMSC
AMSC
Q4 25
$74.5M
Q3 25
$6.3M
$65.9M
Q2 25
$7.2M
$72.4M
Q1 25
$66.7M
Q4 24
$61.4M
Q3 24
$54.5M
Q2 24
$40.3M
Q1 24
$42.0M
Net Profit
ALM
ALM
AMSC
AMSC
Q4 25
$117.8M
Q3 25
$-5.4M
$4.8M
Q2 25
$-58.2M
$6.7M
Q1 25
$1.2M
Q4 24
$2.5M
Q3 24
$4.9M
Q2 24
$-2.5M
Q1 24
$-1.6M
Gross Margin
ALM
ALM
AMSC
AMSC
Q4 25
30.7%
Q3 25
31.0%
Q2 25
33.8%
Q1 25
26.5%
Q4 24
26.6%
Q3 24
28.7%
Q2 24
30.3%
Q1 24
24.8%
Operating Margin
ALM
ALM
AMSC
AMSC
Q4 25
4.5%
Q3 25
4.5%
Q2 25
7.8%
Q1 25
2.5%
Q4 24
2.1%
Q3 24
-1.4%
Q2 24
-8.2%
Q1 24
-5.3%
Net Margin
ALM
ALM
AMSC
AMSC
Q4 25
158.1%
Q3 25
-86.1%
7.2%
Q2 25
-809.4%
9.3%
Q1 25
1.8%
Q4 24
4.0%
Q3 24
9.0%
Q2 24
-6.3%
Q1 24
-3.8%
EPS (diluted)
ALM
ALM
AMSC
AMSC
Q4 25
$2.62
Q3 25
$0.11
Q2 25
$0.17
Q1 25
$0.04
Q4 24
$0.06
Q3 24
$0.13
Q2 24
$-0.07
Q1 24
$-0.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest filing — the kind of financial-strength check premium terminals charge for.

Metric
ALM
ALM
AMSC
AMSC
Cash + ST InvestmentsLiquidity on hand
$141.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$536.8M
Total Assets
$719.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Cash + ST Investments
ALM
ALM
AMSC
AMSC
Q4 25
$141.1M
Q3 25
$212.9M
Q2 25
$207.9M
Q1 25
$79.5M
Q4 24
$75.2M
Q3 24
$72.1M
Q2 24
$93.5M
Q1 24
$90.5M
Stockholders' Equity
ALM
ALM
AMSC
AMSC
Q4 25
$536.8M
Q3 25
$342.2M
Q2 25
$333.1M
Q1 25
$197.1M
Q4 24
$192.7M
Q3 24
$187.0M
Q2 24
$143.3M
Q1 24
$144.6M
Total Assets
ALM
ALM
AMSC
AMSC
Q4 25
$719.5M
Q3 25
$445.6M
Q2 25
$452.8M
Q1 25
$310.5M
Q4 24
$310.3M
Q3 24
$298.4M
Q2 24
$240.1M
Q1 24
$232.8M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Net income can be massaged; cash flow is harder to fake.

Metric
ALM
ALM
AMSC
AMSC
Operating Cash FlowLast quarter
$3.2M
Free Cash FlowOCF − Capex
$2.4M
FCF MarginFCF / Revenue
3.2%
Capex IntensityCapex / Revenue; lower = less reinvestment burden
1.2%
Cash ConversionOCF / Net Profit; >1× = earnings back up with cash
0.03×
TTM Free Cash FlowTrailing 4 quarters
$16.0M

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Operating Cash Flow
ALM
ALM
AMSC
AMSC
Q4 25
$3.2M
Q3 25
$6.5M
Q2 25
$4.1M
Q1 25
$6.3M
Q4 24
$5.9M
Q3 24
$12.7M
Q2 24
$3.4M
Q1 24
$2.2M
Free Cash Flow
ALM
ALM
AMSC
AMSC
Q4 25
$2.4M
Q3 25
$5.1M
Q2 25
$3.3M
Q1 25
$5.3M
Q4 24
$5.3M
Q3 24
$12.1M
Q2 24
$3.1M
Q1 24
$1.9M
FCF Margin
ALM
ALM
AMSC
AMSC
Q4 25
3.2%
Q3 25
7.7%
Q2 25
4.6%
Q1 25
7.9%
Q4 24
8.7%
Q3 24
22.3%
Q2 24
7.8%
Q1 24
4.6%
Capex Intensity
ALM
ALM
AMSC
AMSC
Q4 25
1.2%
Q3 25
2.1%
Q2 25
1.1%
Q1 25
1.6%
Q4 24
0.9%
Q3 24
1.1%
Q2 24
0.7%
Q1 24
0.7%
Cash Conversion
ALM
ALM
AMSC
AMSC
Q4 25
0.03×
Q3 25
1.37×
Q2 25
0.61×
Q1 25
5.22×
Q4 24
2.38×
Q3 24
2.60×
Q2 24
Q1 24

Financial Flow Comparison

Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.

Revenue Breakdown by Segment

ALM
ALM

Segment breakdown not available.

AMSC
AMSC

Equipment And Systems$56.0M75%
Megatran$14.1M19%
Comtrafo Industria De Transformadores Eletricos SA$4.6M6%

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