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Side-by-side financial comparison of FIREFLY NEUROSCIENCE, INC. (AIFF) and SHOPIFY INC. (SHOP). Click either name above to swap in a different company.

SHOPIFY INC. is the larger business by last-quarter revenue ($3.7B vs $412.0K, roughly 8912.6× FIREFLY NEUROSCIENCE, INC.). SHOPIFY INC. runs the higher net margin — 20.2% vs -601.9%, a 622.2% gap on every dollar of revenue. On growth, FIREFLY NEUROSCIENCE, INC. posted the faster year-over-year revenue change (677.4% vs 30.6%). Over the past eight quarters, FIREFLY NEUROSCIENCE, INC.'s revenue compounded faster (485.9% CAGR vs 40.5%).

Firefly Neuroscience Inc. is a clinical-stage biotechnology firm focused on developing non-invasive neuromodulation therapies for neuropsychiatric and neurodegenerative disorders. Its lead products target conditions including major depressive disorder and cognitive impairment, with core operations and initial market focus in North America.

Shopify Inc., stylized as shopify, is a Canadian multinational e-commerce company headquartered in Ottawa, Ontario that operates a platform for retail point-of-sale systems. The company has over 5 million customers and processed US$292.3 billion in transactions in 2024, of which 57% was in the United States. Major customers include Tesla, LVMH, Nestlé, PepsiCo, AB InBev, Kraft Heinz, Lindt, Whole Foods Market, Red Bull, and Hyatt.

AIFF vs SHOP — Head-to-Head

Bigger by revenue
SHOP
SHOP
8912.6× larger
SHOP
$3.7B
$412.0K
AIFF
Growing faster (revenue YoY)
AIFF
AIFF
+646.8% gap
AIFF
677.4%
30.6%
SHOP
Higher net margin
SHOP
SHOP
622.2% more per $
SHOP
20.2%
-601.9%
AIFF
Faster 2-yr revenue CAGR
AIFF
AIFF
Annualised
AIFF
485.9%
40.5%
SHOP

Income Statement — Q4 2025 vs Q4 2025

Metric
AIFF
AIFF
SHOP
SHOP
Revenue
$412.0K
$3.7B
Net Profit
$-2.5M
$743.0M
Gross Margin
46.1%
Operating Margin
-607.0%
17.2%
Net Margin
-601.9%
20.2%
Revenue YoY
677.4%
30.6%
Net Profit YoY
34.5%
-42.5%
EPS (diluted)
$0.58

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
AIFF
AIFF
SHOP
SHOP
Q4 25
$412.0K
$3.7B
Q3 25
$388.0K
$2.8B
Q2 25
$299.0K
$2.7B
Q1 25
$43.0K
$2.4B
Q4 24
$53.0K
$2.8B
Q3 24
$33.0K
$2.2B
Q2 24
$10.0K
$2.0B
Q1 24
$12.0K
$1.9B
Net Profit
AIFF
AIFF
SHOP
SHOP
Q4 25
$-2.5M
$743.0M
Q3 25
$-2.6M
$264.0M
Q2 25
$-1.8M
$906.0M
Q1 25
$-12.9M
$-682.0M
Q4 24
$-3.8M
$1.3B
Q3 24
$-4.3M
$828.0M
Q2 24
$-1.3M
$171.0M
Q1 24
$-1.1M
$-273.0M
Gross Margin
AIFF
AIFF
SHOP
SHOP
Q4 25
46.1%
Q3 25
37.6%
48.9%
Q2 25
91.6%
48.6%
Q1 25
49.5%
Q4 24
-1196.7%
48.1%
Q3 24
100.0%
51.7%
Q2 24
100.0%
51.1%
Q1 24
51.4%
Operating Margin
AIFF
AIFF
SHOP
SHOP
Q4 25
-607.0%
17.2%
Q3 25
-684.5%
12.1%
Q2 25
-546.5%
10.9%
Q1 25
-4802.3%
8.6%
Q4 24
-6483.0%
16.5%
Q3 24
-12933.3%
13.1%
Q2 24
-12590.0%
11.8%
Q1 24
-9091.7%
4.6%
Net Margin
AIFF
AIFF
SHOP
SHOP
Q4 25
-601.9%
20.2%
Q3 25
-680.2%
9.3%
Q2 25
-613.0%
33.8%
Q1 25
-30069.8%
-28.9%
Q4 24
-7141.5%
46.0%
Q3 24
-12997.0%
38.3%
Q2 24
-12640.0%
8.4%
Q1 24
-9350.0%
-14.7%
EPS (diluted)
AIFF
AIFF
SHOP
SHOP
Q4 25
$0.58
Q3 25
$-0.20
$0.20
Q2 25
$0.69
Q1 25
$-0.53
Q4 24
$0.99
Q3 24
$-0.61
$0.64
Q2 24
$-0.58
$0.13
Q1 24
$-0.21

Balance Sheet & Financial Strength

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

Metric
AIFF
AIFF
SHOP
SHOP
Cash + ST InvestmentsLiquidity on hand
$5.8B
Total DebtLower is stronger
Stockholders' EquityBook value
$7.6M
$13.5B
Total Assets
$10.5M
$15.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIFF
AIFF
SHOP
SHOP
Q4 25
$5.8B
Q3 25
$6.3B
Q2 25
$5.8B
Q1 25
$5.5B
Q4 24
$5.5B
Q3 24
Q2 24
$244.1K
Q1 24
$563.3K
Stockholders' Equity
AIFF
AIFF
SHOP
SHOP
Q4 25
$7.6M
$13.5B
Q3 25
$9.7M
$12.5B
Q2 25
$12.1M
$12.1B
Q1 25
$5.2M
$11.1B
Q4 24
$-375.0K
$11.6B
Q3 24
$-2.8M
$10.1B
Q2 24
$-1.2M
$9.2B
Q1 24
$-9.0K
$8.9B
Total Assets
AIFF
AIFF
SHOP
SHOP
Q4 25
$10.5M
$15.2B
Q3 25
$12.4M
$15.0B
Q2 25
$14.9M
$14.6B
Q1 25
$12.4M
$13.4B
Q4 24
$4.6M
$13.9B
Q3 24
$5.3M
Q2 24
$3.3M
Q1 24
$3.8M

Cash Flow & Capital Efficiency

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

Metric
AIFF
AIFF
SHOP
SHOP
Operating Cash FlowLast quarter
$-1.8M
$725.0M
Free Cash FlowOCF − Capex
$715.0M
FCF MarginFCF / Revenue
19.5%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
0.98×
TTM Free Cash FlowTrailing 4 quarters
$2.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIFF
AIFF
SHOP
SHOP
Q4 25
$-1.8M
$725.0M
Q3 25
$-1.5M
$513.0M
Q2 25
$-2.4M
$428.0M
Q1 25
$-2.5M
$367.0M
Q4 24
$-1.2M
$615.0M
Q3 24
$-2.5M
$423.0M
Q2 24
$-1.1M
$340.0M
Q1 24
$-1.3M
$238.0M
Free Cash Flow
AIFF
AIFF
SHOP
SHOP
Q4 25
$715.0M
Q3 25
$507.0M
Q2 25
$422.0M
Q1 25
$363.0M
Q4 24
$611.0M
Q3 24
$421.0M
Q2 24
$333.0M
Q1 24
$232.0M
FCF Margin
AIFF
AIFF
SHOP
SHOP
Q4 25
19.5%
Q3 25
17.8%
Q2 25
15.7%
Q1 25
15.4%
Q4 24
21.7%
Q3 24
19.5%
Q2 24
16.3%
Q1 24
12.5%
Capex Intensity
AIFF
AIFF
SHOP
SHOP
Q4 25
0.3%
Q3 25
0.2%
Q2 25
0.2%
Q1 25
0.2%
Q4 24
0.1%
Q3 24
0.1%
Q2 24
0.3%
Q1 24
0.3%
Cash Conversion
AIFF
AIFF
SHOP
SHOP
Q4 25
0.98×
Q3 25
1.94×
Q2 25
0.47×
Q1 25
Q4 24
0.48×
Q3 24
0.51×
Q2 24
1.99×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

AIFF
AIFF

Segment breakdown not available.

SHOP
SHOP

Services$2.9B79%
Subscription And Circulation$777.0M21%

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