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Side-by-side financial comparison of Arbutus Biopharma Corp (ABUS) and Lucas GC Ltd (LGCL). Click either name above to swap in a different company.

Arbutus Biopharma Corp is the larger business by last-quarter revenue ($10.7M vs $7.5M, roughly 1.4× Lucas GC Ltd). Arbutus Biopharma Corp runs the higher net margin — 23.5% vs 5.6%, a 17.9% gap on every dollar of revenue.

Arbutus Biopharma Corporation is a publicly traded Canadian biopharmaceutical company with an expertise in liposomal drug delivery and RNA interference, and is developing drugs for hepatitis B infection.

ABUS vs LGCL — Head-to-Head

Bigger by revenue
ABUS
ABUS
1.4× larger
ABUS
$10.7M
$7.5M
LGCL
Higher net margin
ABUS
ABUS
17.9% more per $
ABUS
23.5%
5.6%
LGCL

Income Statement — Q2 FY2025 vs Q2 FY2025

Metric
ABUS
ABUS
LGCL
LGCL
Revenue
$10.7M
$7.5M
Net Profit
$2.5M
$414.1K
Gross Margin
33.7%
Operating Margin
13.9%
4.0%
Net Margin
23.5%
5.6%
Revenue YoY
522.2%
Net Profit YoY
112.7%
EPS (diluted)
$0.01
$0.20

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
ABUS
ABUS
LGCL
LGCL
Q2 25
$10.7M
$7.5M
Q2 24
$11.5M
Q4 23
$2.1M
Q3 23
$4.7M
Q2 23
$4.7M
Q1 23
$6.7M
Q4 22
$6.2M
Q3 22
$6.0M
Net Profit
ABUS
ABUS
LGCL
LGCL
Q2 25
$2.5M
$414.1K
Q2 24
$1.0M
Q4 23
Q3 23
$-20.1M
Q2 23
$-17.1M
Q1 23
$-16.3M
Q4 22
$-21.9M
Q3 22
$-17.6M
Gross Margin
ABUS
ABUS
LGCL
LGCL
Q2 25
33.7%
Q2 24
33.5%
Q4 23
Q3 23
Q2 23
Q1 23
Q4 22
Q3 22
Operating Margin
ABUS
ABUS
LGCL
LGCL
Q2 25
13.9%
4.0%
Q2 24
8.8%
Q4 23
-967.2%
Q3 23
-462.8%
Q2 23
-395.3%
Q1 23
-260.4%
Q4 22
-361.3%
Q3 22
-299.2%
Net Margin
ABUS
ABUS
LGCL
LGCL
Q2 25
23.5%
5.6%
Q2 24
8.9%
Q4 23
Q3 23
-431.6%
Q2 23
-367.5%
Q1 23
-244.3%
Q4 22
-351.2%
Q3 22
-295.1%
EPS (diluted)
ABUS
ABUS
LGCL
LGCL
Q2 25
$0.01
$0.20
Q2 24
$0.01
Q4 23
$-0.12
Q3 23
$-0.12
Q2 23
$-0.10
Q1 23
$-0.10
Q4 22
$-0.13
Q3 22
$-0.12

Balance Sheet & Financial Strength

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

Metric
ABUS
ABUS
LGCL
LGCL
Cash + ST InvestmentsLiquidity on hand
$37.4M
$606.9K
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$83.0M
$6.3M
Total Assets
$103.3M
$8.8M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABUS
ABUS
LGCL
LGCL
Q2 25
$37.4M
$606.9K
Q2 24
$978.1K
Q4 23
$126.0M
Q3 23
$17.5M
Q2 23
$27.2M
Q1 23
$40.6M
Q4 22
$146.9M
Q3 22
$24.0M
Total Debt
ABUS
ABUS
LGCL
LGCL
Q2 25
$0
Q2 24
Q4 23
$0
Q3 23
$0
Q2 23
$0
Q1 23
$0
Q4 22
$0
Q3 22
$0
Stockholders' Equity
ABUS
ABUS
LGCL
LGCL
Q2 25
$83.0M
$6.3M
Q2 24
$5.3M
Q4 23
$106.0M
Q3 23
$119.3M
Q2 23
$134.7M
Q1 23
$143.9M
Q4 22
$136.9M
Q3 22
$145.5M
Total Assets
ABUS
ABUS
LGCL
LGCL
Q2 25
$103.3M
$8.8M
Q2 24
$7.8M
Q4 23
$144.4M
Q3 23
$158.6M
Q2 23
$176.8M
Q1 23
$191.2M
Q4 22
$195.4M
Q3 22
$203.8M
Debt / Equity
ABUS
ABUS
LGCL
LGCL
Q2 25
0.00×
Q2 24
Q4 23
0.00×
Q3 23
0.00×
Q2 23
0.00×
Q1 23
0.00×
Q4 22
0.00×
Q3 22
0.00×

Cash Flow & Capital Efficiency

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

Metric
ABUS
ABUS
LGCL
LGCL
Operating Cash FlowLast quarter
$-15.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
-6.24×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ABUS
ABUS
LGCL
LGCL
Q2 25
$-15.7M
Q2 24
Q4 23
$-17.3M
Q3 23
$-21.8M
Q2 23
$-19.6M
Q1 23
$-27.3M
Q4 22
$-17.0M
Q3 22
$-18.7M
Free Cash Flow
ABUS
ABUS
LGCL
LGCL
Q2 25
Q2 24
Q4 23
Q3 23
$-21.8M
Q2 23
$-20.4M
Q1 23
$-27.4M
Q4 22
$-17.1M
Q3 22
$-18.8M
FCF Margin
ABUS
ABUS
LGCL
LGCL
Q2 25
Q2 24
Q4 23
Q3 23
-468.4%
Q2 23
-439.0%
Q1 23
-410.0%
Q4 22
-274.2%
Q3 22
-315.6%
Capex Intensity
ABUS
ABUS
LGCL
LGCL
Q2 25
0.0%
Q2 24
Q4 23
0.0%
Q3 23
0.7%
Q2 23
18.5%
Q1 23
1.7%
Q4 22
2.1%
Q3 22
1.5%
Cash Conversion
ABUS
ABUS
LGCL
LGCL
Q2 25
-6.24×
Q2 24
Q4 23
Q3 23
Q2 23
Q1 23
Q4 22
Q3 22

Financial Flow Comparison

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

Revenue Breakdown by Segment

ABUS
ABUS

Segment breakdown not available.

LGCL
LGCL

Recruitment service$4.4M60%
Others$2.9M39%

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