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Side-by-side financial comparison of AbCellera Biologics Inc. (ABCL) and InvenTrust Properties Corp. (IVT). Click either name above to swap in a different company.

InvenTrust Properties Corp. is the larger business by last-quarter revenue ($77.4M vs $44.9M, roughly 1.7× AbCellera Biologics Inc.). InvenTrust Properties Corp. runs the higher net margin — 3.4% vs -19.9%, a 23.4% gap on every dollar of revenue. On growth, AbCellera Biologics Inc. posted the faster year-over-year revenue change (788.4% vs 8.6%). InvenTrust Properties Corp. produced more free cash flow last quarter ($110.9M vs $-44.6M). Over the past eight quarters, AbCellera Biologics Inc.'s revenue compounded faster (112.3% CAGR vs 7.6%).

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.

InvenTrust Properties Corp. is a real estate investment trust that invests in shopping malls. As of December 31, 2024, the company owned interests in 68 properties comprising 11.0 million square feet.

ABCL vs IVT — Head-to-Head

Bigger by revenue
IVT
IVT
1.7× larger
IVT
$77.4M
$44.9M
ABCL
Growing faster (revenue YoY)
ABCL
ABCL
+779.7% gap
ABCL
788.4%
8.6%
IVT
Higher net margin
IVT
IVT
23.4% more per $
IVT
3.4%
-19.9%
ABCL
More free cash flow
IVT
IVT
$155.5M more FCF
IVT
$110.9M
$-44.6M
ABCL
Faster 2-yr revenue CAGR
ABCL
ABCL
Annualised
ABCL
112.3%
7.6%
IVT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ABCL
ABCL
IVT
IVT
Revenue
$44.9M
$77.4M
Net Profit
$-8.9M
$2.7M
Gross Margin
Operating Margin
-63.7%
-11.0%
Net Margin
-19.9%
3.4%
Revenue YoY
788.4%
8.6%
Net Profit YoY
73.9%
-72.8%
EPS (diluted)
$-0.03
$0.02

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
IVT
IVT
Q4 25
$44.9M
$77.4M
Q3 25
$9.0M
$74.5M
Q2 25
$17.1M
$73.6M
Q1 25
$4.2M
$73.8M
Q4 24
$5.0M
$71.2M
Q3 24
$6.5M
$68.5M
Q2 24
$7.3M
$67.4M
Q1 24
$10.0M
$66.8M
Net Profit
ABCL
ABCL
IVT
IVT
Q4 25
$-8.9M
$2.7M
Q3 25
$-57.1M
$6.0M
Q2 25
$-34.7M
$95.9M
Q1 25
$-45.6M
$6.8M
Q4 24
$9.8M
Q3 24
$-51.1M
$-539.0K
Q2 24
$-36.9M
$1.5M
Q1 24
$-40.6M
$2.9M
Operating Margin
ABCL
ABCL
IVT
IVT
Q4 25
-63.7%
-11.0%
Q3 25
-851.8%
-9.8%
Q2 25
-290.2%
Q1 25
-1479.6%
-10.5%
Q4 24
-3.6%
Q3 24
-1439.4%
-18.7%
Q2 24
-1276.2%
-13.6%
Q1 24
-551.5%
-13.1%
Net Margin
ABCL
ABCL
IVT
IVT
Q4 25
-19.9%
3.4%
Q3 25
-637.8%
8.1%
Q2 25
-203.3%
130.4%
Q1 25
-1077.2%
9.2%
Q4 24
13.8%
Q3 24
-785.4%
-0.8%
Q2 24
-504.3%
2.2%
Q1 24
-408.0%
4.3%
EPS (diluted)
ABCL
ABCL
IVT
IVT
Q4 25
$-0.03
$0.02
Q3 25
$-0.19
$0.08
Q2 25
$-0.12
$1.23
Q1 25
$-0.15
$0.09
Q4 24
$0.14
Q3 24
$-0.17
$-0.01
Q2 24
$-0.13
$0.02
Q1 24
$-0.14
$0.04

Balance Sheet & Financial Strength

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

Metric
ABCL
ABCL
IVT
IVT
Cash + ST InvestmentsLiquidity on hand
$128.5M
Total DebtLower is stronger
$825.9M
Stockholders' EquityBook value
$966.9M
$1.8B
Total Assets
$1.4B
$2.8B
Debt / EquityLower = less leverage
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABCL
ABCL
IVT
IVT
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
Total Debt
ABCL
ABCL
IVT
IVT
Q4 25
$825.9M
Q3 25
$764.6M
Q2 25
$746.3M
Q1 25
$740.7M
Q4 24
$740.4M
Q3 24
$740.1M
Q2 24
$812.2M
Q1 24
$827.5M
Stockholders' Equity
ABCL
ABCL
IVT
IVT
Q4 25
$966.9M
$1.8B
Q3 25
$964.0M
$1.8B
Q2 25
$1.0B
$1.8B
Q1 25
$1.0B
$1.7B
Q4 24
$1.1B
$1.8B
Q3 24
$1.1B
$1.8B
Q2 24
$1.1B
$1.5B
Q1 24
$1.1B
$1.5B
Total Assets
ABCL
ABCL
IVT
IVT
Q4 25
$1.4B
$2.8B
Q3 25
$1.4B
$2.7B
Q2 25
$1.4B
$2.7B
Q1 25
$1.3B
$2.6B
Q4 24
$1.4B
$2.6B
Q3 24
$1.4B
$2.6B
Q2 24
$1.4B
$2.5B
Q1 24
$1.5B
$2.5B
Debt / Equity
ABCL
ABCL
IVT
IVT
Q4 25
0.46×
Q3 25
0.42×
Q2 25
0.41×
Q1 25
0.42×
Q4 24
0.42×
Q3 24
0.42×
Q2 24
0.53×
Q1 24
0.53×

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
IVT
IVT
Operating Cash FlowLast quarter
$-34.7M
$155.4M
Free Cash FlowOCF − Capex
$-44.6M
$110.9M
FCF MarginFCF / Revenue
-99.4%
143.3%
Capex IntensityCapex / Revenue
21.9%
57.5%
Cash ConversionOCF / Net Profit
58.41×
TTM Free Cash FlowTrailing 4 quarters
$-174.1M
$193.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ABCL
ABCL
IVT
IVT
Q4 25
$-34.7M
$155.4M
Q3 25
$-52.6M
$43.8M
Q2 25
$-32.4M
$48.7M
Q1 25
$-11.6M
$20.2M
Q4 24
$-108.6M
$136.9M
Q3 24
$-28.9M
$38.4M
Q2 24
$-30.0M
$46.7M
Q1 24
$-41.7M
$14.8M
Free Cash Flow
ABCL
ABCL
IVT
IVT
Q4 25
$-44.6M
$110.9M
Q3 25
$-61.5M
$31.4M
Q2 25
$-45.8M
$38.0M
Q1 25
$-22.2M
$12.8M
Q4 24
$-187.0M
$100.8M
Q3 24
$-47.4M
$29.3M
Q2 24
$-50.1M
$37.2M
Q1 24
$-65.8M
$7.7M
FCF Margin
ABCL
ABCL
IVT
IVT
Q4 25
-99.4%
143.3%
Q3 25
-687.0%
42.2%
Q2 25
-267.9%
51.6%
Q1 25
-524.0%
17.4%
Q4 24
-3702.8%
141.5%
Q3 24
-728.4%
42.8%
Q2 24
-683.8%
55.2%
Q1 24
-661.5%
11.5%
Capex Intensity
ABCL
ABCL
IVT
IVT
Q4 25
21.9%
57.5%
Q3 25
99.7%
16.7%
Q2 25
78.2%
14.6%
Q1 25
251.1%
10.0%
Q4 24
1552.7%
50.7%
Q3 24
284.6%
13.3%
Q2 24
274.6%
14.0%
Q1 24
242.5%
10.6%
Cash Conversion
ABCL
ABCL
IVT
IVT
Q4 25
58.41×
Q3 25
7.27×
Q2 25
0.51×
Q1 25
2.97×
Q4 24
13.97×
Q3 24
Q2 24
31.15×
Q1 24
5.10×

Financial Flow Comparison

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

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