vs

Side-by-side financial comparison of Affinity Bancshares, Inc. (AFBI) and Lineage Cell Therapeutics, Inc. (LCTX). Click either name above to swap in a different company.

Affinity Bancshares, Inc. is the larger business by last-quarter revenue ($8.6M vs $6.6M, roughly 1.3× Lineage Cell Therapeutics, Inc.). Affinity Bancshares, Inc. runs the higher net margin — 24.9% vs 12.9%, a 12.0% gap on every dollar of revenue. On growth, Lineage Cell Therapeutics, Inc. posted the faster year-over-year revenue change (130.4% vs 12.8%). Affinity Bancshares, Inc. produced more free cash flow last quarter ($11.2M vs $-5.3M). Over the past eight quarters, Lineage Cell Therapeutics, Inc.'s revenue compounded faster (113.9% CAGR vs 8.1%).

Lineage Cell Therapeutics, Inc. is a clinical-stage biotechnology company developing novel cell therapies for unmet medical needs. Lineage’s programs are based on its robust proprietary cell-based therapy platform and associated in-house development and manufacturing capabilities. With this platform, Lineage develops and manufactures specialized, terminally differentiated human cells from its pluripotent and progenitor cell starting materials. These differentiated cells are developed to eithe...

AFBI vs LCTX — Head-to-Head

Bigger by revenue
AFBI
AFBI
1.3× larger
AFBI
$8.6M
$6.6M
LCTX
Growing faster (revenue YoY)
LCTX
LCTX
+117.6% gap
LCTX
130.4%
12.8%
AFBI
Higher net margin
AFBI
AFBI
12.0% more per $
AFBI
24.9%
12.9%
LCTX
More free cash flow
AFBI
AFBI
$16.5M more FCF
AFBI
$11.2M
$-5.3M
LCTX
Faster 2-yr revenue CAGR
LCTX
LCTX
Annualised
LCTX
113.9%
8.1%
AFBI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AFBI
AFBI
LCTX
LCTX
Revenue
$8.6M
$6.6M
Net Profit
$2.1M
$851.0K
Gross Margin
Operating Margin
35.9%
-99.1%
Net Margin
24.9%
12.9%
Revenue YoY
12.8%
130.4%
Net Profit YoY
58.5%
126.0%
EPS (diluted)
$0.34
$0.00

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
AFBI
AFBI
LCTX
LCTX
Q4 25
$8.6M
$6.6M
Q3 25
$8.4M
$3.7M
Q2 25
$8.3M
$2.8M
Q1 25
$7.8M
$1.5M
Q4 24
$7.6M
$2.9M
Q3 24
$8.0M
$3.8M
Q2 24
$8.3M
$1.4M
Q1 24
$7.3M
$1.4M
Net Profit
AFBI
AFBI
LCTX
LCTX
Q4 25
$2.1M
$851.0K
Q3 25
$2.2M
$-29.8M
Q2 25
$2.2M
$-30.5M
Q1 25
$1.8M
$-4.1M
Q4 24
$1.3M
$-3.3M
Q3 24
$1.7M
$-3.0M
Q2 24
$1.0M
$-5.8M
Q1 24
$1.3M
$-6.5M
Gross Margin
AFBI
AFBI
LCTX
LCTX
Q4 25
Q3 25
Q2 25
Q1 25
97.6%
Q4 24
94.6%
Q3 24
99.0%
Q2 24
96.9%
Q1 24
93.2%
Operating Margin
AFBI
AFBI
LCTX
LCTX
Q4 25
35.9%
-99.1%
Q3 25
34.9%
-102.9%
Q2 25
34.1%
-715.4%
Q1 25
30.8%
-433.1%
Q4 24
21.1%
-178.2%
Q3 24
28.5%
-101.6%
Q2 24
16.2%
-416.7%
Q1 24
24.0%
-461.3%
Net Margin
AFBI
AFBI
LCTX
LCTX
Q4 25
24.9%
12.9%
Q3 25
26.5%
-809.0%
Q2 25
25.9%
-1101.8%
Q1 25
23.4%
-275.6%
Q4 24
17.7%
-114.1%
Q3 24
21.7%
-80.3%
Q2 24
12.5%
-409.1%
Q1 24
18.2%
-453.0%
EPS (diluted)
AFBI
AFBI
LCTX
LCTX
Q4 25
$0.34
$0.00
Q3 25
$0.34
$-0.13
Q2 25
$0.33
$-0.13
Q1 25
$0.28
$-0.02
Q4 24
$0.21
$0.00
Q3 24
$0.26
$-0.02
Q2 24
$0.16
$-0.03
Q1 24
$0.20
$-0.04

Balance Sheet & Financial Strength

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

Metric
AFBI
AFBI
LCTX
LCTX
Cash + ST InvestmentsLiquidity on hand
$53.9M
$55.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$127.0M
$44.5M
Total Assets
$881.7M
$112.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AFBI
AFBI
LCTX
LCTX
Q4 25
$53.9M
$55.8M
Q3 25
$84.8M
$40.5M
Q2 25
$89.7M
$42.3M
Q1 25
$74.7M
$47.9M
Q4 24
$41.4M
$47.8M
Q3 24
$52.3M
$32.7M
Q2 24
$50.4M
$38.5M
Q1 24
$61.4M
$43.6M
Stockholders' Equity
AFBI
AFBI
LCTX
LCTX
Q4 25
$127.0M
$44.5M
Q3 25
$125.4M
$22.0M
Q2 25
$124.1M
$48.4M
Q1 25
$122.3M
$79.0M
Q4 24
$129.1M
$78.4M
Q3 24
$128.4M
$66.2M
Q2 24
$125.1M
$68.3M
Q1 24
$123.3M
$72.4M
Total Assets
AFBI
AFBI
LCTX
LCTX
Q4 25
$881.7M
$112.6M
Q3 25
$925.2M
$89.6M
Q2 25
$933.8M
$90.8M
Q1 25
$912.5M
$111.8M
Q4 24
$866.8M
$113.2M
Q3 24
$878.6M
$96.6M
Q2 24
$873.6M
$102.8M
Q1 24
$869.5M
$108.5M

Cash Flow & Capital Efficiency

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

Metric
AFBI
AFBI
LCTX
LCTX
Operating Cash FlowLast quarter
$11.6M
$-4.9M
Free Cash FlowOCF − Capex
$11.2M
$-5.3M
FCF MarginFCF / Revenue
130.9%
-79.9%
Capex IntensityCapex / Revenue
4.9%
6.0%
Cash ConversionOCF / Net Profit
5.46×
-5.73×
TTM Free Cash FlowTrailing 4 quarters
$20.3M
$-19.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AFBI
AFBI
LCTX
LCTX
Q4 25
$11.6M
$-4.9M
Q3 25
$3.7M
$-3.6M
Q2 25
$3.8M
$-5.5M
Q1 25
$1.9M
$-4.9M
Q4 24
$6.8M
$-6.3M
Q3 24
$4.1M
$-5.8M
Q2 24
$619.0K
$-5.2M
Q1 24
$1.2M
$-5.8M
Free Cash Flow
AFBI
AFBI
LCTX
LCTX
Q4 25
$11.2M
$-5.3M
Q3 25
$3.6M
$-3.6M
Q2 25
$3.7M
$-5.6M
Q1 25
$1.8M
$-5.0M
Q4 24
$6.4M
$-6.7M
Q3 24
$4.0M
$-5.9M
Q2 24
$489.0K
$-5.2M
Q1 24
$1.1M
$-5.8M
FCF Margin
AFBI
AFBI
LCTX
LCTX
Q4 25
130.9%
-79.9%
Q3 25
43.3%
-98.6%
Q2 25
44.0%
-200.8%
Q1 25
22.7%
-331.8%
Q4 24
83.9%
-234.0%
Q3 24
49.5%
-156.1%
Q2 24
5.9%
-371.2%
Q1 24
14.8%
-403.1%
Capex Intensity
AFBI
AFBI
LCTX
LCTX
Q4 25
4.9%
6.0%
Q3 25
0.8%
0.3%
Q2 25
1.4%
0.5%
Q1 25
1.9%
6.5%
Q4 24
5.6%
12.7%
Q3 24
1.7%
3.0%
Q2 24
1.6%
3.6%
Q1 24
1.8%
2.6%
Cash Conversion
AFBI
AFBI
LCTX
LCTX
Q4 25
5.46×
-5.73×
Q3 25
1.66×
Q2 25
1.75×
Q1 25
1.05×
Q4 24
5.05×
Q3 24
2.36×
Q2 24
0.60×
Q1 24
0.91×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AFBI
AFBI

Segment breakdown not available.

LCTX
LCTX

Collaboration Revenues$6.3M95%
Other$345.0K5%

Related Comparisons