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Side-by-side financial comparison of AbCellera Biologics Inc. (ABCL) and RGC RESOURCES INC (RGCO). Click either name above to swap in a different company.

AbCellera Biologics Inc. is the larger business by last-quarter revenue ($44.9M vs $30.6M, roughly 1.5× RGC RESOURCES INC). RGC RESOURCES INC runs the higher net margin — 16.0% vs -19.9%, a 35.9% gap on every dollar of revenue. On growth, AbCellera Biologics Inc. posted the faster year-over-year revenue change (788.4% vs 13.9%). RGC RESOURCES INC produced more free cash flow last quarter ($-4.6M vs $-44.6M). Over the past eight quarters, AbCellera Biologics Inc.'s revenue compounded faster (112.3% CAGR vs -0.4%).

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.

Iluka Resources is an Australian resources company, specialising in mineral sands exploration, project development, operations and marketing. It was formed in July 1998 in a merger between Westralian Sands and the titanium mineral business RGC Ltd, becoming Iluka Resources Ltd in 1999. Iluka is a major producer of zircon and titanium dioxide–derived rutile and synthetic rutile globally. The company has operations in Australia, and has also conducted business in the United States and the West ...

ABCL vs RGCO — Head-to-Head

Bigger by revenue
ABCL
ABCL
1.5× larger
ABCL
$44.9M
$30.6M
RGCO
Growing faster (revenue YoY)
ABCL
ABCL
+774.5% gap
ABCL
788.4%
13.9%
RGCO
Higher net margin
RGCO
RGCO
35.9% more per $
RGCO
16.0%
-19.9%
ABCL
More free cash flow
RGCO
RGCO
$40.0M more FCF
RGCO
$-4.6M
$-44.6M
ABCL
Faster 2-yr revenue CAGR
ABCL
ABCL
Annualised
ABCL
112.3%
-0.4%
RGCO

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ABCL
ABCL
RGCO
RGCO
Revenue
$44.9M
$30.6M
Net Profit
$-8.9M
$4.9M
Gross Margin
Operating Margin
-63.7%
21.4%
Net Margin
-19.9%
16.0%
Revenue YoY
788.4%
13.9%
Net Profit YoY
73.9%
-7.3%
EPS (diluted)
$-0.03
$0.47

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
RGCO
RGCO
Q4 25
$44.9M
$30.6M
Q3 25
$9.0M
$14.0M
Q2 25
$17.1M
$16.6M
Q1 25
$4.2M
$36.5M
Q4 24
$5.0M
$26.8M
Q3 24
$6.5M
$12.8M
Q2 24
$7.3M
$13.6M
Q1 24
$10.0M
$30.8M
Net Profit
ABCL
ABCL
RGCO
RGCO
Q4 25
$-8.9M
$4.9M
Q3 25
$-57.1M
$-204.3K
Q2 25
$-34.7M
$538.4K
Q1 25
$-45.6M
$7.7M
Q4 24
$5.3M
Q3 24
$-51.1M
$140.8K
Q2 24
$-36.9M
$156.7K
Q1 24
$-40.6M
$6.4M
Operating Margin
ABCL
ABCL
RGCO
RGCO
Q4 25
-63.7%
21.4%
Q3 25
-851.8%
-3.4%
Q2 25
-290.2%
7.2%
Q1 25
-1479.6%
28.5%
Q4 24
27.3%
Q3 24
-1439.4%
1.9%
Q2 24
-1276.2%
11.5%
Q1 24
-551.5%
28.0%
Net Margin
ABCL
ABCL
RGCO
RGCO
Q4 25
-19.9%
16.0%
Q3 25
-637.8%
-1.5%
Q2 25
-203.3%
3.2%
Q1 25
-1077.2%
21.1%
Q4 24
19.6%
Q3 24
-785.4%
1.1%
Q2 24
-504.3%
1.2%
Q1 24
-408.0%
20.9%
EPS (diluted)
ABCL
ABCL
RGCO
RGCO
Q4 25
$-0.03
$0.47
Q3 25
$-0.19
$-0.01
Q2 25
$-0.12
$0.05
Q1 25
$-0.15
$0.74
Q4 24
$0.51
Q3 24
$-0.17
$0.01
Q2 24
$-0.13
$0.02
Q1 24
$-0.14
$0.63

Balance Sheet & Financial Strength

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

Metric
ABCL
ABCL
RGCO
RGCO
Cash + ST InvestmentsLiquidity on hand
$128.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$966.9M
$116.4M
Total Assets
$1.4B
$341.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABCL
ABCL
RGCO
RGCO
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
RGCO
RGCO
Q4 25
$966.9M
$116.4M
Q3 25
$964.0M
$113.6M
Q2 25
$1.0B
$116.3M
Q1 25
$1.0B
$117.8M
Q4 24
$1.1B
$111.8M
Q3 24
$1.1B
$108.1M
Q2 24
$1.1B
$108.8M
Q1 24
$1.1B
$110.5M
Total Assets
ABCL
ABCL
RGCO
RGCO
Q4 25
$1.4B
$341.0M
Q3 25
$1.4B
$329.8M
Q2 25
$1.4B
$324.8M
Q1 25
$1.3B
$326.4M
Q4 24
$1.4B
$335.2M
Q3 24
$1.4B
$320.7M
Q2 24
$1.4B
$314.2M
Q1 24
$1.5B
$313.4M

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
RGCO
RGCO
Operating Cash FlowLast quarter
$-34.7M
$1.1M
Free Cash FlowOCF − Capex
$-44.6M
$-4.6M
FCF MarginFCF / Revenue
-99.4%
-14.9%
Capex IntensityCapex / Revenue
21.9%
18.5%
Cash ConversionOCF / Net Profit
0.22×
TTM Free Cash FlowTrailing 4 quarters
$-174.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ABCL
ABCL
RGCO
RGCO
Q4 25
$-34.7M
$1.1M
Q3 25
$-52.6M
$675.1K
Q2 25
$-32.4M
$6.4M
Q1 25
$-11.6M
$21.0M
Q4 24
$-108.6M
$827.2K
Q3 24
$-28.9M
$377.4K
Q2 24
$-30.0M
$5.9M
Q1 24
$-41.7M
$11.8M
Free Cash Flow
ABCL
ABCL
RGCO
RGCO
Q4 25
$-44.6M
$-4.6M
Q3 25
$-61.5M
Q2 25
$-45.8M
$1.4M
Q1 25
$-22.2M
$16.1M
Q4 24
$-187.0M
$-4.9M
Q3 24
$-47.4M
$-5.1M
Q2 24
$-50.1M
$564.7K
Q1 24
$-65.8M
$5.8M
FCF Margin
ABCL
ABCL
RGCO
RGCO
Q4 25
-99.4%
-14.9%
Q3 25
-687.0%
Q2 25
-267.9%
8.4%
Q1 25
-524.0%
44.1%
Q4 24
-3702.8%
-18.3%
Q3 24
-728.4%
-40.2%
Q2 24
-683.8%
4.2%
Q1 24
-661.5%
18.8%
Capex Intensity
ABCL
ABCL
RGCO
RGCO
Q4 25
21.9%
18.5%
Q3 25
99.7%
Q2 25
78.2%
30.4%
Q1 25
251.1%
13.6%
Q4 24
1552.7%
21.4%
Q3 24
284.6%
43.2%
Q2 24
274.6%
39.0%
Q1 24
242.5%
19.4%
Cash Conversion
ABCL
ABCL
RGCO
RGCO
Q4 25
0.22×
Q3 25
Q2 25
11.96×
Q1 25
2.74×
Q4 24
0.16×
Q3 24
2.68×
Q2 24
37.36×
Q1 24
1.83×

Financial Flow Comparison

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

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