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Side-by-side financial comparison of AC Immune SA (ACIU) and TMC the metals Co Inc. (TMC). Click either name above to swap in a different company.

AC Immune SA is the larger business by last-quarter revenue ($1.4M vs $1.3M, roughly 1.1× TMC the metals Co Inc.). AC Immune SA runs the higher net margin — -1622.4% vs -3136.5%, a 1514.1% gap on every dollar of revenue. On growth, TMC the metals Co Inc. posted the faster year-over-year revenue change (2425.5% vs 90.1%).

AC Immune SA is a clinical-stage biopharmaceutical company focused on developing innovative therapeutics and diagnostic solutions for neurodegenerative diseases such as Alzheimer’s disease, Parkinson’s disease, and rare tauopathies. It operates globally, partners with leading pharmaceutical enterprises, and prioritizes addressing unmet medical needs in neurological care segments.

The Metals Company, formerly DeepGreen Metals, is a Canadian deep sea mining exploration company. The company focuses on the mining of polymetallic nodules in the Clarion Clipperton Zone of the Pacific.

ACIU vs TMC — Head-to-Head

Bigger by revenue
ACIU
ACIU
1.1× larger
ACIU
$1.4M
$1.3M
TMC
Growing faster (revenue YoY)
TMC
TMC
+2335.4% gap
TMC
2425.5%
90.1%
ACIU
Higher net margin
ACIU
ACIU
1514.1% more per $
ACIU
-1622.4%
-3136.5%
TMC

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
ACIU
ACIU
TMC
TMC
Revenue
$1.4M
$1.3M
Net Profit
$-23.3M
$-40.4M
Gross Margin
Operating Margin
-1484.5%
-3470.9%
Net Margin
-1622.4%
-3136.5%
Revenue YoY
90.1%
2425.5%
Net Profit YoY
6.9%
-151.5%
EPS (diluted)
$0.11

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
ACIU
ACIU
TMC
TMC
Q4 25
$1.3M
Q3 25
$1.3M
Q2 25
$1.4M
Q2 24
$755.7K
Q4 23
$205.0K
Q3 23
$319.0K
Q1 23
$454.0K
Q4 22
$567.0K
Net Profit
ACIU
ACIU
TMC
TMC
Q4 25
$-40.4M
Q3 25
$-184.5M
Q2 25
$-23.3M
Q2 24
$-25.0M
Q4 23
$-33.5M
Q3 23
$-12.5M
Q1 23
$-13.7M
Q4 22
$-109.6M
Operating Margin
ACIU
ACIU
TMC
TMC
Q4 25
-3470.9%
Q3 25
-4134.4%
Q2 25
-1484.5%
Q2 24
-3051.1%
Q4 23
-16223.9%
Q3 23
-3924.1%
Q1 23
-2947.8%
Q4 22
-19625.2%
Net Margin
ACIU
ACIU
TMC
TMC
Q4 25
-3136.5%
Q3 25
-13780.2%
Q2 25
-1622.4%
Q2 24
-3313.0%
Q4 23
-16321.5%
Q3 23
-3908.2%
Q1 23
-3028.2%
Q4 22
-19324.3%
EPS (diluted)
ACIU
ACIU
TMC
TMC
Q4 25
$0.11
Q3 25
$0.46
Q2 25
Q2 24
Q4 23
$0.12
Q3 23
$0.04
Q1 23
$0.05
Q4 22
$0.45

Balance Sheet & Financial Strength

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

Metric
ACIU
ACIU
TMC
TMC
Cash + ST InvestmentsLiquidity on hand
$28.3M
$117.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$82.2M
$-33.4M
Total Assets
$209.2M
$181.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACIU
ACIU
TMC
TMC
Q4 25
$117.6M
Q3 25
$115.6M
Q2 25
$28.3M
Q2 24
$56.7M
Q4 23
$6.8M
Q3 23
$22.5M
Q1 23
$28.4M
Q4 22
$46.9M
Stockholders' Equity
ACIU
ACIU
TMC
TMC
Q4 25
$-33.4M
Q3 25
$-40.6M
Q2 25
$82.2M
Q2 24
$135.8M
Q4 23
$10.9M
Q3 23
$41.6M
Q1 23
$41.8M
Q4 22
$41.5M
Total Assets
ACIU
ACIU
TMC
TMC
Q4 25
$181.6M
Q3 25
$175.6M
Q2 25
$209.2M
Q2 24
$261.3M
Q4 23
$68.9M
Q3 23
$87.8M
Q1 23
$85.5M
Q4 22
$94.8M

Cash Flow & Capital Efficiency

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

Metric
ACIU
ACIU
TMC
TMC
Operating Cash FlowLast quarter
$-11.4M
Free Cash FlowOCF − Capex
$-11.5M
FCF MarginFCF / Revenue
-889.8%
Capex IntensityCapex / Revenue
8.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACIU
ACIU
TMC
TMC
Q4 25
$-11.4M
Q3 25
$-11.5M
Q2 25
Q2 24
Q4 23
$-15.2M
Q3 23
$-12.5M
Q1 23
$-23.5M
Q4 22
$-19.8M
Free Cash Flow
ACIU
ACIU
TMC
TMC
Q4 25
$-11.5M
Q3 25
$-11.5M
Q2 25
Q2 24
Q4 23
Q3 23
$-12.6M
Q1 23
Q4 22
FCF Margin
ACIU
ACIU
TMC
TMC
Q4 25
-889.8%
Q3 25
-859.4%
Q2 25
Q2 24
Q4 23
Q3 23
-3951.4%
Q1 23
Q4 22
Capex Intensity
ACIU
ACIU
TMC
TMC
Q4 25
8.2%
Q3 25
1.5%
Q2 25
Q2 24
Q4 23
Q3 23
31.3%
Q1 23
Q4 22

Financial Flow Comparison

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

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