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Side-by-side financial comparison of Arbutus Biopharma Corp (ABUS) and MIND TECHNOLOGY, INC (MIND). Click either name above to swap in a different company.

Arbutus Biopharma Corp is the larger business by last-quarter revenue ($10.7M vs $9.7M, roughly 1.1× MIND TECHNOLOGY, INC). Arbutus Biopharma Corp runs the higher net margin — 23.5% vs 0.6%, a 22.9% gap on every dollar of revenue. On growth, Arbutus Biopharma Corp posted the faster year-over-year revenue change (522.2% vs -20.0%). Over the past eight quarters, Arbutus Biopharma Corp's revenue compounded faster (-13.2% CAGR vs -14.9%).

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.

Mitcham Industries, Inc. is a company founded in 1987, and is based in Huntsville, Texas. The company markets geophysical and other equipment to seismic data acquisition contractors conducting surveys on land, marsh, and marine areas, both shallow and deep water. There are mainly two segments operating in the company, namely an Equipment Leasing segment and an Equipment Manufacturing segment. In October 2011, the Company opened a new logistics and repair facility in Budapest, Hungary, and thr...

ABUS vs MIND — Head-to-Head

Bigger by revenue
ABUS
ABUS
1.1× larger
ABUS
$10.7M
$9.7M
MIND
Growing faster (revenue YoY)
ABUS
ABUS
+542.2% gap
ABUS
522.2%
-20.0%
MIND
Higher net margin
ABUS
ABUS
22.9% more per $
ABUS
23.5%
0.6%
MIND
Faster 2-yr revenue CAGR
ABUS
ABUS
Annualised
ABUS
-13.2%
-14.9%
MIND

Income Statement — Q2 FY2025 vs Q3 FY2026

Metric
ABUS
ABUS
MIND
MIND
Revenue
$10.7M
$9.7M
Net Profit
$2.5M
$62.0K
Gross Margin
46.6%
Operating Margin
13.9%
8.0%
Net Margin
23.5%
0.6%
Revenue YoY
522.2%
-20.0%
Net Profit YoY
112.7%
-95.2%
EPS (diluted)
$0.01

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
MIND
MIND
Q4 25
$9.7M
Q3 25
$13.6M
Q2 25
$10.7M
$7.9M
Q1 25
$15.0M
Q4 24
$12.1M
Q3 24
$10.0M
Q2 24
$9.7M
Q1 24
$13.4M
Net Profit
ABUS
ABUS
MIND
MIND
Q4 25
$62.0K
Q3 25
$1.9M
Q2 25
$2.5M
$-970.0K
Q1 25
$2.0M
Q4 24
$1.3M
Q3 24
$798.0K
Q2 24
$954.0K
Q1 24
$1.4M
Gross Margin
ABUS
ABUS
MIND
MIND
Q4 25
46.6%
Q3 25
50.4%
Q2 25
42.2%
Q1 25
43.5%
Q4 24
44.8%
Q3 24
47.6%
Q2 24
43.6%
Q1 24
46.7%
Operating Margin
ABUS
ABUS
MIND
MIND
Q4 25
8.0%
Q3 25
19.6%
Q2 25
13.9%
-8.3%
Q1 25
18.5%
Q4 24
15.5%
Q3 24
14.2%
Q2 24
7.5%
Q1 24
17.3%
Net Margin
ABUS
ABUS
MIND
MIND
Q4 25
0.6%
Q3 25
14.2%
Q2 25
23.5%
-12.3%
Q1 25
13.5%
Q4 24
10.7%
Q3 24
8.0%
Q2 24
9.9%
Q1 24
10.8%
EPS (diluted)
ABUS
ABUS
MIND
MIND
Q4 25
Q3 25
Q2 25
$0.01
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Balance Sheet & Financial Strength

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

Metric
ABUS
ABUS
MIND
MIND
Cash + ST InvestmentsLiquidity on hand
$37.4M
$19.4M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$83.0M
$39.9M
Total Assets
$103.3M
$47.3M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABUS
ABUS
MIND
MIND
Q4 25
$19.4M
Q3 25
$7.8M
Q2 25
$37.4M
$9.2M
Q1 25
$5.3M
Q4 24
$3.5M
Q3 24
$1.9M
Q2 24
$924.0K
Q1 24
$5.3M
Total Debt
ABUS
ABUS
MIND
MIND
Q4 25
Q3 25
Q2 25
$0
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ABUS
ABUS
MIND
MIND
Q4 25
$39.9M
Q3 25
$28.8M
Q2 25
$83.0M
$26.6M
Q1 25
$27.3M
Q4 24
$25.2M
Q3 24
$24.5M
Q2 24
$23.6M
Q1 24
$22.6M
Total Assets
ABUS
ABUS
MIND
MIND
Q4 25
$47.3M
Q3 25
$35.8M
Q2 25
$103.3M
$36.2M
Q1 25
$36.7M
Q4 24
$36.1M
Q3 24
$37.8M
Q2 24
$34.9M
Q1 24
$33.5M
Debt / Equity
ABUS
ABUS
MIND
MIND
Q4 25
Q3 25
Q2 25
0.00×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

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
MIND
MIND
Operating Cash FlowLast quarter
$-15.7M
$894.0K
Free Cash FlowOCF − Capex
$801.0K
FCF MarginFCF / Revenue
8.3%
Capex IntensityCapex / Revenue
0.0%
1.0%
Cash ConversionOCF / Net Profit
-6.24×
14.42×
TTM Free Cash FlowTrailing 4 quarters
$5.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ABUS
ABUS
MIND
MIND
Q4 25
$894.0K
Q3 25
$-1.2M
Q2 25
$-15.7M
$4.1M
Q1 25
$2.1M
Q4 24
$2.3M
Q3 24
$1.1M
Q2 24
$-4.8M
Q1 24
$657.0K
Free Cash Flow
ABUS
ABUS
MIND
MIND
Q4 25
$801.0K
Q3 25
$-1.3M
Q2 25
$3.8M
Q1 25
$1.8M
Q4 24
$2.2M
Q3 24
$978.0K
Q2 24
$-4.8M
Q1 24
$566.0K
FCF Margin
ABUS
ABUS
MIND
MIND
Q4 25
8.3%
Q3 25
-9.9%
Q2 25
48.5%
Q1 25
12.2%
Q4 24
18.3%
Q3 24
9.7%
Q2 24
-49.8%
Q1 24
4.2%
Capex Intensity
ABUS
ABUS
MIND
MIND
Q4 25
1.0%
Q3 25
1.3%
Q2 25
0.0%
3.0%
Q1 25
1.5%
Q4 24
0.6%
Q3 24
0.8%
Q2 24
0.7%
Q1 24
0.7%
Cash Conversion
ABUS
ABUS
MIND
MIND
Q4 25
14.42×
Q3 25
-0.60×
Q2 25
-6.24×
Q1 25
1.01×
Q4 24
1.77×
Q3 24
1.33×
Q2 24
-4.98×
Q1 24
0.46×

Financial Flow Comparison

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

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