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Side-by-side financial comparison of AbCellera Biologics Inc. (ABCL) and Tectonic Financial, Inc. (TECTP). Click either name above to swap in a different company.

AbCellera Biologics Inc. is the larger business by last-quarter revenue ($44.9M vs $23.0M, roughly 1.9× Tectonic Financial, Inc.). Tectonic Financial, Inc. runs the higher net margin — 23.8% vs -19.9%, a 43.8% gap on every dollar of revenue. On growth, AbCellera Biologics Inc. posted the faster year-over-year revenue change (788.4% vs 17.9%). Tectonic Financial, Inc. produced more free cash flow last quarter ($-17.3M vs $-44.6M). Over the past eight quarters, Tectonic Financial, Inc.'s revenue compounded faster (270.5% CAGR vs 112.3%).

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.

Tectonic Financial, Inc. is a US-based diversified financial services provider. It offers core services including wealth management, investment banking, capital markets advisory, and tailored financial solutions. Its key client segments cover high-net-worth individuals, institutional investors, and small to mid-sized enterprises across North America.

ABCL vs TECTP — Head-to-Head

Bigger by revenue
ABCL
ABCL
1.9× larger
ABCL
$44.9M
$23.0M
TECTP
Growing faster (revenue YoY)
ABCL
ABCL
+770.5% gap
ABCL
788.4%
17.9%
TECTP
Higher net margin
TECTP
TECTP
43.8% more per $
TECTP
23.8%
-19.9%
ABCL
More free cash flow
TECTP
TECTP
$27.3M more FCF
TECTP
$-17.3M
$-44.6M
ABCL
Faster 2-yr revenue CAGR
TECTP
TECTP
Annualised
TECTP
270.5%
112.3%
ABCL

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
ABCL
ABCL
TECTP
TECTP
Revenue
$44.9M
$23.0M
Net Profit
$-8.9M
$5.5M
Gross Margin
Operating Margin
-63.7%
30.6%
Net Margin
-19.9%
23.8%
Revenue YoY
788.4%
17.9%
Net Profit YoY
73.9%
15.9%
EPS (diluted)
$-0.03
$0.73

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
TECTP
TECTP
Q4 25
$44.9M
Q3 25
$9.0M
$23.0M
Q2 25
$17.1M
$21.6M
Q1 25
$4.2M
$21.8M
Q4 24
$5.0M
$21.4M
Q3 24
$6.5M
$19.5M
Q2 24
$7.3M
$18.6M
Q1 24
$10.0M
$17.6M
Net Profit
ABCL
ABCL
TECTP
TECTP
Q4 25
$-8.9M
Q3 25
$-57.1M
$5.5M
Q2 25
$-34.7M
$4.3M
Q1 25
$-45.6M
$4.5M
Q4 24
$3.0M
Q3 24
$-51.1M
$4.7M
Q2 24
$-36.9M
$3.1M
Q1 24
$-40.6M
$3.1M
Operating Margin
ABCL
ABCL
TECTP
TECTP
Q4 25
-63.7%
Q3 25
-851.8%
30.6%
Q2 25
-290.2%
25.9%
Q1 25
-1479.6%
26.0%
Q4 24
22.1%
Q3 24
-1439.4%
29.1%
Q2 24
-1276.2%
21.5%
Q1 24
-551.5%
22.2%
Net Margin
ABCL
ABCL
TECTP
TECTP
Q4 25
-19.9%
Q3 25
-637.8%
23.8%
Q2 25
-203.3%
19.8%
Q1 25
-1077.2%
20.4%
Q4 24
14.0%
Q3 24
-785.4%
24.2%
Q2 24
-504.3%
16.9%
Q1 24
-408.0%
17.4%
EPS (diluted)
ABCL
ABCL
TECTP
TECTP
Q4 25
$-0.03
Q3 25
$-0.19
$0.73
Q2 25
$-0.12
$0.55
Q1 25
$-0.15
$0.57
Q4 24
$0.35
Q3 24
$-0.17
$0.58
Q2 24
$-0.13
$0.38
Q1 24
$-0.14
$0.37

Balance Sheet & Financial Strength

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

Metric
ABCL
ABCL
TECTP
TECTP
Cash + ST InvestmentsLiquidity on hand
$128.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$966.9M
$119.2M
Total Assets
$1.4B
$1.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABCL
ABCL
TECTP
TECTP
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
TECTP
TECTP
Q4 25
$966.9M
Q3 25
$964.0M
$119.2M
Q2 25
$1.0B
$114.6M
Q1 25
$1.0B
$111.3M
Q4 24
$1.1B
$113.4M
Q3 24
$1.1B
$112.8M
Q2 24
$1.1B
$110.4M
Q1 24
$1.1B
$108.5M
Total Assets
ABCL
ABCL
TECTP
TECTP
Q4 25
$1.4B
Q3 25
$1.4B
$1.1B
Q2 25
$1.4B
$997.0M
Q1 25
$1.3B
$910.5M
Q4 24
$1.4B
$863.4M
Q3 24
$1.4B
$847.5M
Q2 24
$1.4B
$777.1M
Q1 24
$1.5B
$777.6M

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
TECTP
TECTP
Operating Cash FlowLast quarter
$-34.7M
$-17.3M
Free Cash FlowOCF − Capex
$-44.6M
$-17.3M
FCF MarginFCF / Revenue
-99.4%
-74.9%
Capex IntensityCapex / Revenue
21.9%
0.0%
Cash ConversionOCF / Net Profit
-3.14×
TTM Free Cash FlowTrailing 4 quarters
$-174.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ABCL
ABCL
TECTP
TECTP
Q4 25
$-34.7M
Q3 25
$-52.6M
$-17.3M
Q2 25
$-32.4M
$-32.5M
Q1 25
$-11.6M
$-35.6M
Q4 24
$-108.6M
$-86.6M
Q3 24
$-28.9M
$-22.5M
Q2 24
$-30.0M
$-30.7M
Q1 24
$-41.7M
$-3.2M
Free Cash Flow
ABCL
ABCL
TECTP
TECTP
Q4 25
$-44.6M
Q3 25
$-61.5M
$-17.3M
Q2 25
$-45.8M
Q1 25
$-22.2M
$-35.6M
Q4 24
$-187.0M
$-86.8M
Q3 24
$-47.4M
$-22.5M
Q2 24
$-50.1M
$-30.7M
Q1 24
$-65.8M
$-3.3M
FCF Margin
ABCL
ABCL
TECTP
TECTP
Q4 25
-99.4%
Q3 25
-687.0%
-74.9%
Q2 25
-267.9%
Q1 25
-524.0%
-163.2%
Q4 24
-3702.8%
-406.5%
Q3 24
-728.4%
-115.0%
Q2 24
-683.8%
-165.5%
Q1 24
-661.5%
-18.8%
Capex Intensity
ABCL
ABCL
TECTP
TECTP
Q4 25
21.9%
Q3 25
99.7%
0.0%
Q2 25
78.2%
0.0%
Q1 25
251.1%
0.0%
Q4 24
1552.7%
1.0%
Q3 24
284.6%
0.1%
Q2 24
274.6%
0.3%
Q1 24
242.5%
0.9%
Cash Conversion
ABCL
ABCL
TECTP
TECTP
Q4 25
Q3 25
-3.14×
Q2 25
-7.61×
Q1 25
-8.00×
Q4 24
-28.99×
Q3 24
-4.74×
Q2 24
-9.76×
Q1 24
-1.03×

Financial Flow Comparison

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

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