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Side-by-side financial comparison of ABVC BIOPHARMA, INC. (ABVC) and Neonode Inc. (NEON). Click either name above to swap in a different company.

ABVC BIOPHARMA, INC. is the larger business by last-quarter revenue ($796.0K vs $430.0K, roughly 1.9× Neonode Inc.). Neonode Inc. runs the higher net margin — 3298.6% vs -256.6%, a 3555.2% gap on every dollar of revenue. On growth, ABVC BIOPHARMA, INC. posted the faster year-over-year revenue change (104.5% vs -48.7%). Over the past eight quarters, ABVC BIOPHARMA, INC.'s revenue compounded faster (1041.5% CAGR vs -34.5%).

ABVC Biopharma Inc. is a clinical-stage biopharmaceutical enterprise focused on developing innovative therapies for unmet medical needs, with core areas including oncology, ophthalmology, and central nervous system disorders. It operates across North American and Asian markets, advancing multiple proprietary drug candidates through clinical development phases.

Neonode Inc. develops and markets innovative optical touch sensing and contactless gesture recognition technologies for global clients. Its core offerings include zForce sensing modules, embedded software solutions and custom integration services, deployed across key end segments including automotive infotainment systems, industrial human-machine interfaces, consumer electronics and medical devices.

ABVC vs NEON — Head-to-Head

Bigger by revenue
ABVC
ABVC
1.9× larger
ABVC
$796.0K
$430.0K
NEON
Growing faster (revenue YoY)
ABVC
ABVC
+153.2% gap
ABVC
104.5%
-48.7%
NEON
Higher net margin
NEON
NEON
3555.2% more per $
NEON
3298.6%
-256.6%
ABVC
Faster 2-yr revenue CAGR
ABVC
ABVC
Annualised
ABVC
1041.5%
-34.5%
NEON

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
ABVC
ABVC
NEON
NEON
Revenue
$796.0K
$430.0K
Net Profit
$-2.0M
$14.2M
Gross Margin
100.0%
97.9%
Operating Margin
-246.8%
Net Margin
-256.6%
3298.6%
Revenue YoY
104.5%
-48.7%
Net Profit YoY
-417.4%
1404.9%
EPS (diluted)
$-0.09

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
ABVC
ABVC
NEON
NEON
Q3 25
$796.0K
$430.0K
Q2 25
$599.0K
Q1 25
$513.0K
Q4 24
$2.0K
Q3 24
$389.3K
$838.0K
Q2 24
$117.1K
$801.0K
Q1 24
$1.2K
$814.0K
Q4 23
$2.2K
$373.0K
Net Profit
ABVC
ABVC
NEON
NEON
Q3 25
$-2.0M
$14.2M
Q2 25
$-1.9M
Q1 25
$-1.7M
Q4 24
Q3 24
$-394.8K
$-1.1M
Q2 24
$-942.3K
$-1.7M
Q1 24
$-2.8M
$-2.1M
Q4 23
$-5.9M
Gross Margin
ABVC
ABVC
NEON
NEON
Q3 25
100.0%
97.9%
Q2 25
99.0%
Q1 25
98.2%
Q4 24
100.0%
Q3 24
99.9%
97.3%
Q2 24
99.8%
97.0%
Q1 24
77.0%
97.9%
Q4 23
Operating Margin
ABVC
ABVC
NEON
NEON
Q3 25
-246.8%
Q2 25
-352.3%
Q1 25
-383.0%
Q4 24
Q3 24
-77.7%
-146.2%
Q2 24
-734.2%
-223.3%
Q1 24
-235539.8%
-231.7%
Q4 23
-343.4%
Net Margin
ABVC
ABVC
NEON
NEON
Q3 25
-256.6%
3298.6%
Q2 25
-311.9%
Q1 25
-337.8%
Q4 24
Q3 24
-101.4%
-129.7%
Q2 24
-804.4%
-211.6%
Q1 24
-235203.2%
-256.0%
Q4 23
-1588.5%
EPS (diluted)
ABVC
ABVC
NEON
NEON
Q3 25
$-0.09
Q2 25
$-0.11
Q1 25
$-0.10
Q4 24
Q3 24
$-0.03
$-0.07
Q2 24
$-0.08
$-0.11
Q1 24
$-0.29
$-0.14
Q4 23
$-0.39

Balance Sheet & Financial Strength

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

Metric
ABVC
ABVC
NEON
NEON
Cash + ST InvestmentsLiquidity on hand
$257.2K
$11.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$12.1M
$26.8M
Total Assets
$21.2M
$32.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABVC
ABVC
NEON
NEON
Q3 25
$257.2K
$11.6M
Q2 25
$13.2M
Q1 25
$15.0M
Q4 24
$313.1K
Q3 24
$208.2K
Q2 24
$200.0K
Q1 24
$106.4K
$14.3M
Q4 23
$139.5K
$16.2M
Stockholders' Equity
ABVC
ABVC
NEON
NEON
Q3 25
$12.1M
$26.8M
Q2 25
$12.7M
Q1 25
$14.6M
Q4 24
$1.2M
Q3 24
$1.6M
$18.0M
Q2 24
$1.8M
$13.3M
Q1 24
$1.7M
$15.0M
Q4 23
$1.6M
$17.2M
Total Assets
ABVC
ABVC
NEON
NEON
Q3 25
$21.2M
$32.8M
Q2 25
$15.1M
Q1 25
$17.0M
Q4 24
$7.5M
Q3 24
$7.8M
$19.6M
Q2 24
$8.0M
$15.2M
Q1 24
$8.0M
$16.9M
Q4 23
$7.8M
$19.0M

Cash Flow & Capital Efficiency

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

Metric
ABVC
ABVC
NEON
NEON
Operating Cash FlowLast quarter
$-964.7K
$-1.5M
Free Cash FlowOCF − Capex
$-1.6M
FCF MarginFCF / Revenue
-372.6%
Capex IntensityCapex / Revenue
17.4%
Cash ConversionOCF / Net Profit
-0.11×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ABVC
ABVC
NEON
NEON
Q3 25
$-964.7K
$-1.5M
Q2 25
$-1.8M
Q1 25
$-1.4M
Q4 24
$-1.8M
Q3 24
$60.2K
$-1.3M
Q2 24
$-211.4K
$-1.2M
Q1 24
$-955.8K
$-1.9M
Q4 23
$-4.2M
$-2.2M
Free Cash Flow
ABVC
ABVC
NEON
NEON
Q3 25
$-1.6M
Q2 25
$-1.8M
Q1 25
$-1.4M
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23
$-4.2M
FCF Margin
ABVC
ABVC
NEON
NEON
Q3 25
-372.6%
Q2 25
-296.3%
Q1 25
-272.9%
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23
-194367.2%
Capex Intensity
ABVC
ABVC
NEON
NEON
Q3 25
17.4%
Q2 25
4.2%
Q1 25
7.8%
Q4 24
Q3 24
0.0%
Q2 24
Q1 24
Q4 23
979.3%
Cash Conversion
ABVC
ABVC
NEON
NEON
Q3 25
-0.11×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23

Financial Flow Comparison

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

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