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Side-by-side financial comparison of AbCellera Biologics Inc. (ABCL) and HANMI FINANCIAL CORP (HAFC). Click either name above to swap in a different company.

HANMI FINANCIAL CORP is the larger business by last-quarter revenue ($71.2M vs $44.9M, roughly 1.6× AbCellera Biologics Inc.). HANMI FINANCIAL CORP runs the higher net margin — 29.8% vs -19.9%, a 49.8% gap on every dollar of revenue. On growth, AbCellera Biologics Inc. posted the faster year-over-year revenue change (788.4% vs 17.1%). HANMI FINANCIAL CORP produced more free cash flow last quarter ($203.7M vs $-44.6M). Over the past eight quarters, AbCellera Biologics Inc.'s revenue compounded faster (112.3% CAGR vs 10.4%).

AbCellera Biologics Inc. is a Vancouver, British Columbia-based biotechnology company that discovers and develops antibody therapeutics. The company is best known for its leading role in the Pandemic Prevention Platform, a project of DARPA's Biological Technologies Office. AbCellera utilizes a proprietary technology platform, which they claim can develop "medical countermeasures within 60 days." Its platform for single-cell screening was initially developed at the University of British Columbia.

Hanmi Bank Corporation is a community bank headquartered in Los Angeles, California, with 35 branches and eight loan production offices in California, Texas, Illinois, New York, New Jersey and Virginia.

ABCL vs HAFC — Head-to-Head

Bigger by revenue
HAFC
HAFC
1.6× larger
HAFC
$71.2M
$44.9M
ABCL
Growing faster (revenue YoY)
ABCL
ABCL
+771.3% gap
ABCL
788.4%
17.1%
HAFC
Higher net margin
HAFC
HAFC
49.8% more per $
HAFC
29.8%
-19.9%
ABCL
More free cash flow
HAFC
HAFC
$248.3M more FCF
HAFC
$203.7M
$-44.6M
ABCL
Faster 2-yr revenue CAGR
ABCL
ABCL
Annualised
ABCL
112.3%
10.4%
HAFC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ABCL
ABCL
HAFC
HAFC
Revenue
$44.9M
$71.2M
Net Profit
$-8.9M
$21.2M
Gross Margin
Operating Margin
-63.7%
29.8%
Net Margin
-19.9%
29.8%
Revenue YoY
788.4%
17.1%
Net Profit YoY
73.9%
20.0%
EPS (diluted)
$-0.03
$0.70

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
ABCL
ABCL
HAFC
HAFC
Q4 25
$44.9M
$71.2M
Q3 25
$9.0M
$71.0M
Q2 25
$17.1M
$65.2M
Q1 25
$4.2M
$62.8M
Q4 24
$5.0M
$60.8M
Q3 24
$6.5M
$58.5M
Q2 24
$7.3M
$56.7M
Q1 24
$10.0M
$58.4M
Net Profit
ABCL
ABCL
HAFC
HAFC
Q4 25
$-8.9M
$21.2M
Q3 25
$-57.1M
$22.1M
Q2 25
$-34.7M
$15.1M
Q1 25
$-45.6M
$17.7M
Q4 24
$17.7M
Q3 24
$-51.1M
$14.9M
Q2 24
$-36.9M
$14.5M
Q1 24
$-40.6M
$15.2M
Operating Margin
ABCL
ABCL
HAFC
HAFC
Q4 25
-63.7%
29.8%
Q3 25
-851.8%
31.1%
Q2 25
-290.2%
23.2%
Q1 25
-1479.6%
28.1%
Q4 24
29.1%
Q3 24
-1439.4%
25.5%
Q2 24
-1276.2%
25.5%
Q1 24
-551.5%
26.0%
Net Margin
ABCL
ABCL
HAFC
HAFC
Q4 25
-19.9%
29.8%
Q3 25
-637.8%
31.1%
Q2 25
-203.3%
23.2%
Q1 25
-1077.2%
28.1%
Q4 24
29.1%
Q3 24
-785.4%
25.5%
Q2 24
-504.3%
25.5%
Q1 24
-408.0%
26.0%
EPS (diluted)
ABCL
ABCL
HAFC
HAFC
Q4 25
$-0.03
$0.70
Q3 25
$-0.19
$0.73
Q2 25
$-0.12
$0.50
Q1 25
$-0.15
$0.58
Q4 24
$0.58
Q3 24
$-0.17
$0.49
Q2 24
$-0.13
$0.48
Q1 24
$-0.14
$0.50

Balance Sheet & Financial Strength

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

Metric
ABCL
ABCL
HAFC
HAFC
Cash + ST InvestmentsLiquidity on hand
$128.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$966.9M
$796.4M
Total Assets
$1.4B
$7.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABCL
ABCL
HAFC
HAFC
Q4 25
$128.5M
Q3 25
$83.2M
Q2 25
$92.4M
Q1 25
$159.3M
Q4 24
$156.3M
Q3 24
$126.6M
Q2 24
$148.3M
Q1 24
$123.6M
Stockholders' Equity
ABCL
ABCL
HAFC
HAFC
Q4 25
$966.9M
$796.4M
Q3 25
$964.0M
$779.5M
Q2 25
$1.0B
$762.8M
Q1 25
$1.0B
$751.5M
Q4 24
$1.1B
$732.2M
Q3 24
$1.1B
$736.7M
Q2 24
$1.1B
$707.1M
Q1 24
$1.1B
$703.1M
Total Assets
ABCL
ABCL
HAFC
HAFC
Q4 25
$1.4B
$7.9B
Q3 25
$1.4B
$7.9B
Q2 25
$1.4B
$7.9B
Q1 25
$1.3B
$7.7B
Q4 24
$1.4B
$7.7B
Q3 24
$1.4B
$7.7B
Q2 24
$1.4B
$7.6B
Q1 24
$1.5B
$7.5B

Cash Flow & Capital Efficiency

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

Metric
ABCL
ABCL
HAFC
HAFC
Operating Cash FlowLast quarter
$-34.7M
$206.0M
Free Cash FlowOCF − Capex
$-44.6M
$203.7M
FCF MarginFCF / Revenue
-99.4%
286.2%
Capex IntensityCapex / Revenue
21.9%
3.2%
Cash ConversionOCF / Net Profit
9.70×
TTM Free Cash FlowTrailing 4 quarters
$-174.1M
$356.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ABCL
ABCL
HAFC
HAFC
Q4 25
$-34.7M
$206.0M
Q3 25
$-52.6M
$146.9M
Q2 25
$-32.4M
$-19.0M
Q1 25
$-11.6M
$25.8M
Q4 24
$-108.6M
$52.6M
Q3 24
$-28.9M
$6.7M
Q2 24
$-30.0M
$2.1M
Q1 24
$-41.7M
$30.0M
Free Cash Flow
ABCL
ABCL
HAFC
HAFC
Q4 25
$-44.6M
$203.7M
Q3 25
$-61.5M
$146.4M
Q2 25
$-45.8M
$-19.6M
Q1 25
$-22.2M
$25.6M
Q4 24
$-187.0M
$49.9M
Q3 24
$-47.4M
$6.5M
Q2 24
$-50.1M
$1.3M
Q1 24
$-65.8M
$29.2M
FCF Margin
ABCL
ABCL
HAFC
HAFC
Q4 25
-99.4%
286.2%
Q3 25
-687.0%
206.3%
Q2 25
-267.9%
-30.0%
Q1 25
-524.0%
40.7%
Q4 24
-3702.8%
82.1%
Q3 24
-728.4%
11.1%
Q2 24
-683.8%
2.3%
Q1 24
-661.5%
50.0%
Capex Intensity
ABCL
ABCL
HAFC
HAFC
Q4 25
21.9%
3.2%
Q3 25
99.7%
0.8%
Q2 25
78.2%
0.9%
Q1 25
251.1%
0.4%
Q4 24
1552.7%
4.3%
Q3 24
284.6%
0.4%
Q2 24
274.6%
1.4%
Q1 24
242.5%
1.4%
Cash Conversion
ABCL
ABCL
HAFC
HAFC
Q4 25
9.70×
Q3 25
6.66×
Q2 25
-1.26×
Q1 25
1.46×
Q4 24
2.97×
Q3 24
0.45×
Q2 24
0.14×
Q1 24
1.98×

Financial Flow Comparison

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

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