vs

Side-by-side financial comparison of ADC Therapeutics SA (ADCT) and Electrovaya Inc. (ELVA). Click either name above to swap in a different company.

ADC Therapeutics SA is the larger business by last-quarter revenue ($23.1M vs $17.1M, roughly 1.3× Electrovaya Inc.).

ADC Telecommunications, Inc. was a communications company in Eden Prairie, Minnesota, a southwest suburb of Minneapolis. It was acquired by TE Connectivity in December 2010 and ceased to exist as a separate entity. ADC products were sold by CommScope after it acquired the Broadband Network Solutions business unit from TE Connectivity in August 2015.

Electrovaya Inc. is a developer and manufacturer of Lithium-ion batteries and battery systems for the automotive, warehousing, autonomous guided vehicles, and energy storage applications. The company has operations in NY State and based in Ontario, Canada.

ADCT vs ELVA — Head-to-Head

Bigger by revenue
ADCT
ADCT
1.3× larger
ADCT
$23.1M
$17.1M
ELVA

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
ADCT
ADCT
ELVA
ELVA
Revenue
$23.1M
$17.1M
Net Profit
$907.0K
Gross Margin
30.8%
Operating Margin
-77.7%
Net Margin
5.3%
Revenue YoY
36.4%
Net Profit YoY
EPS (diluted)
$0.04
$0.02

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
ADCT
ADCT
ELVA
ELVA
Q4 25
$23.1M
Q3 25
$15.8M
Q2 25
$18.1M
$17.1M
Q1 25
$17.4M
Q4 24
$16.9M
Q3 24
$18.0M
Q2 24
$17.0M
Q1 24
$17.8M
Net Profit
ADCT
ADCT
ELVA
ELVA
Q4 25
Q3 25
$-41.0M
Q2 25
$-56.6M
$907.0K
Q1 25
$-38.6M
Q4 24
Q3 24
$-44.0M
Q2 24
$-36.5M
Q1 24
$-46.6M
Gross Margin
ADCT
ADCT
ELVA
ELVA
Q4 25
Q3 25
Q2 25
30.8%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
ADCT
ADCT
ELVA
ELVA
Q4 25
-77.7%
Q3 25
-196.6%
Q2 25
-244.1%
Q1 25
-163.5%
Q4 24
-191.8%
Q3 24
-197.4%
Q2 24
-170.5%
Q1 24
-188.3%
Net Margin
ADCT
ADCT
ELVA
ELVA
Q4 25
Q3 25
-260.1%
Q2 25
-313.2%
5.3%
Q1 25
-221.8%
Q4 24
Q3 24
-244.1%
Q2 24
-214.6%
Q1 24
-261.1%
EPS (diluted)
ADCT
ADCT
ELVA
ELVA
Q4 25
$0.04
Q3 25
$-0.30
Q2 25
$-0.50
$0.02
Q1 25
$-0.36
Q4 24
$-0.26
Q3 24
$-0.42
Q2 24
$-0.38
Q1 24
$-0.56

Balance Sheet & Financial Strength

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

Metric
ADCT
ADCT
ELVA
ELVA
Cash + ST InvestmentsLiquidity on hand
$261.3M
$1.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$-185.8M
$22.3M
Total Assets
$323.1M
$53.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ADCT
ADCT
ELVA
ELVA
Q4 25
$261.3M
Q3 25
$234.7M
Q2 25
$264.6M
$1.3M
Q1 25
$194.7M
Q4 24
$250.9M
Q3 24
$274.3M
Q2 24
$300.1M
Q1 24
$234.3M
Stockholders' Equity
ADCT
ADCT
ELVA
ELVA
Q4 25
$-185.8M
Q3 25
$-238.2M
Q2 25
$-199.2M
$22.3M
Q1 25
$-238.2M
Q4 24
$-202.6M
Q3 24
$-171.9M
Q2 24
$-131.7M
Q1 24
$-194.4M
Total Assets
ADCT
ADCT
ELVA
ELVA
Q4 25
$323.1M
Q3 25
$289.8M
Q2 25
$321.6M
$53.9M
Q1 25
$272.5M
Q4 24
$322.0M
Q3 24
$349.1M
Q2 24
$371.8M
Q1 24
$308.0M

Cash Flow & Capital Efficiency

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

Metric
ADCT
ADCT
ELVA
ELVA
Operating Cash FlowLast quarter
$-31.1M
$-7.3M
Free Cash FlowOCF − Capex
$-9.7M
FCF MarginFCF / Revenue
-56.8%
Capex IntensityCapex / Revenue
0.0%
14.1%
Cash ConversionOCF / Net Profit
-8.06×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ADCT
ADCT
ELVA
ELVA
Q4 25
$-31.1M
Q3 25
$-29.6M
Q2 25
$-24.1M
$-7.3M
Q1 25
$-56.3M
Q4 24
$-21.9M
Q3 24
$-25.0M
Q2 24
$-32.8M
Q1 24
$-44.1M
Free Cash Flow
ADCT
ADCT
ELVA
ELVA
Q4 25
Q3 25
Q2 25
$-9.7M
Q1 25
$-56.6M
Q4 24
$-21.9M
Q3 24
$-25.3M
Q2 24
$-32.9M
Q1 24
$-44.6M
FCF Margin
ADCT
ADCT
ELVA
ELVA
Q4 25
Q3 25
Q2 25
-56.8%
Q1 25
-325.2%
Q4 24
-129.8%
Q3 24
-140.2%
Q2 24
-193.0%
Q1 24
-250.0%
Capex Intensity
ADCT
ADCT
ELVA
ELVA
Q4 25
0.0%
Q3 25
0.0%
Q2 25
0.0%
14.1%
Q1 25
1.5%
Q4 24
0.5%
Q3 24
1.2%
Q2 24
0.2%
Q1 24
3.0%
Cash Conversion
ADCT
ADCT
ELVA
ELVA
Q4 25
Q3 25
Q2 25
-8.06×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Related Comparisons