vs

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

Phunware, Inc. is the larger business by last-quarter revenue ($1.0M vs $796.0K, roughly 1.3× ABVC BIOPHARMA, INC.). ABVC BIOPHARMA, INC. runs the higher net margin — -256.6% vs -260.2%, a 3.6% gap on every dollar of revenue. On growth, ABVC BIOPHARMA, INC. posted the faster year-over-year revenue change (104.5% vs -21.9%). Over the past eight quarters, ABVC BIOPHARMA, INC.'s revenue compounded faster (1041.5% CAGR vs -53.9%).

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.

Phunware Inc. is a publicly traded enterprise software company headquartered in Austin, Texas. Founded in 2009, Phunware builds cloud-based platforms that help brands and governments engage users across mobile and digital environments. Its core products include solutions for mobile app development, location-based services, digital advertising, and data-driven engagement.

ABVC vs PHUN — Head-to-Head

Bigger by revenue
PHUN
PHUN
1.3× larger
PHUN
$1.0M
$796.0K
ABVC
Growing faster (revenue YoY)
ABVC
ABVC
+126.4% gap
ABVC
104.5%
-21.9%
PHUN
Higher net margin
ABVC
ABVC
3.6% more per $
ABVC
-256.6%
-260.2%
PHUN
Faster 2-yr revenue CAGR
ABVC
ABVC
Annualised
ABVC
1041.5%
-53.9%
PHUN

Income Statement — Q3 FY2025 vs Q2 FY2024

Metric
ABVC
ABVC
PHUN
PHUN
Revenue
$796.0K
$1.0M
Net Profit
$-2.0M
$-2.6M
Gross Margin
100.0%
46.5%
Operating Margin
-246.8%
-290.2%
Net Margin
-256.6%
-260.2%
Revenue YoY
104.5%
-21.9%
Net Profit YoY
-417.4%
59.7%
EPS (diluted)
$-0.09
$-0.32

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
PHUN
PHUN
Q3 25
$796.0K
Q4 24
$2.0K
Q3 24
$389.3K
Q2 24
$117.1K
$1.0M
Q1 24
$1.2K
$921.0K
Q4 23
$2.2K
$941.0K
Q3 23
$15.9K
$1.3M
Q2 23
$6.1K
$1.3M
Net Profit
ABVC
ABVC
PHUN
PHUN
Q3 25
$-2.0M
Q4 24
Q3 24
$-394.8K
Q2 24
$-942.3K
$-2.6M
Q1 24
$-2.8M
$-2.3M
Q4 23
$-23.0M
Q3 23
$-3.3M
$-19.0M
Q2 23
$-2.3M
$-6.5M
Gross Margin
ABVC
ABVC
PHUN
PHUN
Q3 25
100.0%
Q4 24
100.0%
Q3 24
99.9%
Q2 24
99.8%
46.5%
Q1 24
77.0%
56.9%
Q4 23
47.5%
Q3 23
50.4%
Q2 23
41.3%
Operating Margin
ABVC
ABVC
PHUN
PHUN
Q3 25
-246.8%
Q4 24
Q3 24
-77.7%
Q2 24
-734.2%
-290.2%
Q1 24
-235539.8%
-312.1%
Q4 23
-2086.3%
Q3 23
-13566.3%
-1060.5%
Q2 23
-35911.6%
-470.0%
Net Margin
ABVC
ABVC
PHUN
PHUN
Q3 25
-256.6%
Q4 24
Q3 24
-101.4%
Q2 24
-804.4%
-260.2%
Q1 24
-235203.2%
-248.9%
Q4 23
-2445.6%
Q3 23
-20885.9%
-1515.9%
Q2 23
-37052.1%
-503.8%
EPS (diluted)
ABVC
ABVC
PHUN
PHUN
Q3 25
$-0.09
Q4 24
Q3 24
$-0.03
Q2 24
$-0.08
$-0.32
Q1 24
$-0.29
$-0.33
Q4 23
Q3 23
$-0.82
$-0.16
Q2 23
$-0.68
$-0.06

Balance Sheet & Financial Strength

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

Metric
ABVC
ABVC
PHUN
PHUN
Cash + ST InvestmentsLiquidity on hand
$257.2K
$20.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$12.1M
$14.1M
Total Assets
$21.2M
$23.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ABVC
ABVC
PHUN
PHUN
Q3 25
$257.2K
Q4 24
$313.1K
Q3 24
$208.2K
Q2 24
$200.0K
$20.4M
Q1 24
$106.4K
$21.6M
Q4 23
$139.5K
$3.9M
Q3 23
$568.6K
$2.9M
Q2 23
$176.1K
$1.1M
Stockholders' Equity
ABVC
ABVC
PHUN
PHUN
Q3 25
$12.1M
Q4 24
$1.2M
Q3 24
$1.6M
Q2 24
$1.8M
$14.1M
Q1 24
$1.7M
$14.6M
Q4 23
$1.6M
$-11.5M
Q3 23
$9.1M
$6.6M
Q2 23
$-379.3K
$17.9M
Total Assets
ABVC
ABVC
PHUN
PHUN
Q3 25
$21.2M
Q4 24
$7.5M
Q3 24
$7.8M
Q2 24
$8.0M
$23.1M
Q1 24
$8.0M
$24.3M
Q4 23
$7.8M
$6.7M
Q3 23
$16.6M
$27.8M
Q2 23
$9.3M
$40.8M

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
PHUN
PHUN
Operating Cash FlowLast quarter
$-964.7K
$-2.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ABVC
ABVC
PHUN
PHUN
Q3 25
$-964.7K
Q4 24
$-1.8M
Q3 24
$60.2K
Q2 24
$-211.4K
$-2.7M
Q1 24
$-955.8K
$-5.5M
Q4 23
$-4.2M
$-2.6M
Q3 23
$-1.4M
$-3.3M
Q2 23
$-899.8K
$-5.2M
Free Cash Flow
ABVC
ABVC
PHUN
PHUN
Q3 25
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23
$-4.2M
Q3 23
Q2 23
FCF Margin
ABVC
ABVC
PHUN
PHUN
Q3 25
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23
-194367.2%
Q3 23
Q2 23
Capex Intensity
ABVC
ABVC
PHUN
PHUN
Q3 25
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23
979.3%
0.0%
Q3 23
0.0%
Q2 23
0.0%

Financial Flow Comparison

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

Related Comparisons