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Side-by-side financial comparison of Senmiao Technology Ltd (AIHS) and IGC Pharma, Inc. (IGC). Click either name above to swap in a different company.

Senmiao Technology Ltd is the larger business by last-quarter revenue ($358.7K vs $191.0K, roughly 1.9× IGC Pharma, Inc.). Senmiao Technology Ltd runs the higher net margin — -289.2% vs -953.4%, a 664.2% gap on every dollar of revenue. On growth, IGC Pharma, Inc. posted the faster year-over-year revenue change (-53.6% vs -60.9%).

Senmiao Technology Ltd is a China-based automotive service provider that operates online used car trading platforms, offers auto financing referral services, and matches after-sales support for individual consumers and small auto dealers across domestic regional markets. Its core segments include transaction facilitation, financing consulting, and other value-added services for the domestic automotive circulation sector.

IGC Pharma, Inc. is a clinical-stage biopharmaceutical firm focused on developing and commercializing innovative cannabinoid-derived therapeutics. Its core pipeline targets treatments for neurodegenerative conditions, pain and rare diseases, with primary operations in North America and ongoing global market expansion.

AIHS vs IGC — Head-to-Head

Bigger by revenue
AIHS
AIHS
1.9× larger
AIHS
$358.7K
$191.0K
IGC
Growing faster (revenue YoY)
IGC
IGC
+7.2% gap
IGC
-53.6%
-60.9%
AIHS
Higher net margin
AIHS
AIHS
664.2% more per $
AIHS
-289.2%
-953.4%
IGC

Income Statement — Q3 FY2026 vs Q3 FY2025

Metric
AIHS
AIHS
IGC
IGC
Revenue
$358.7K
$191.0K
Net Profit
$-1.0M
$-1.8M
Gross Margin
13.8%
51.8%
Operating Margin
-305.7%
-1517.8%
Net Margin
-289.2%
-953.4%
Revenue YoY
-60.9%
-53.6%
Net Profit YoY
-83.5%
-6.1%
EPS (diluted)
$-0.29
$-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
AIHS
AIHS
IGC
IGC
Q4 25
$358.7K
Q3 25
$906.5K
$191.0K
Q2 25
$836.0K
$328.0K
Q1 25
$809.6K
Q4 24
$917.0K
$257.0K
Q3 24
$742.3K
$412.0K
Q2 24
$873.8K
$272.0K
Q1 24
$-71.5K
$295.0K
Net Profit
AIHS
AIHS
IGC
IGC
Q4 25
$-1.0M
Q3 25
$-648.7K
$-1.8M
Q2 25
$-164.4K
$-1.6M
Q1 25
$-1.8M
Q4 24
$-565.3K
$-1.8M
Q3 24
$-711.4K
$-1.7M
Q2 24
$-673.4K
$-2.4M
Q1 24
$-1.4M
$-2.9M
Gross Margin
AIHS
AIHS
IGC
IGC
Q4 25
13.8%
Q3 25
30.2%
51.8%
Q2 25
23.6%
47.0%
Q1 25
48.7%
Q4 24
11.6%
40.5%
Q3 24
13.1%
48.1%
Q2 24
29.0%
59.9%
Q1 24
176.1%
58.0%
Operating Margin
AIHS
AIHS
IGC
IGC
Q4 25
-305.7%
Q3 25
-83.6%
-1517.8%
Q2 25
-73.1%
-580.8%
Q1 25
-255.3%
Q4 24
-44.8%
-730.7%
Q3 24
-83.0%
-427.2%
Q2 24
-88.6%
-880.9%
Q1 24
2115.7%
-735.6%
Net Margin
AIHS
AIHS
IGC
IGC
Q4 25
-289.2%
Q3 25
-71.6%
-953.4%
Q2 25
-19.7%
-487.5%
Q1 25
-219.3%
Q4 24
-61.7%
-711.7%
Q3 24
-95.8%
-416.7%
Q2 24
-77.1%
-874.3%
Q1 24
1932.0%
-978.0%
EPS (diluted)
AIHS
AIHS
IGC
IGC
Q4 25
$-0.29
Q3 25
$-0.43
$-0.02
Q2 25
$-0.15
$-0.02
Q1 25
$1.51
Q4 24
$-0.54
$-0.02
Q3 24
$-0.68
$-0.02
Q2 24
$-0.64
$-0.03
Q1 24
$-0.14

Balance Sheet & Financial Strength

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

Metric
AIHS
AIHS
IGC
IGC
Cash + ST InvestmentsLiquidity on hand
$3.5M
$1.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$397.3K
$8.1M
Total Assets
$5.7M
$9.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIHS
AIHS
IGC
IGC
Q4 25
$3.5M
Q3 25
$677.0K
$1.1M
Q2 25
$867.8K
$454.0K
Q1 25
$701.3K
Q4 24
$949.2K
$470.0K
Q3 24
$792.0K
$1.5M
Q2 24
$748.9K
$1.8M
Q1 24
$737.7K
$1.2M
Stockholders' Equity
AIHS
AIHS
IGC
IGC
Q4 25
$397.3K
Q3 25
$-3.1M
$8.1M
Q2 25
$-2.6M
$6.1M
Q1 25
$-2.9M
Q4 24
$-1.2M
$6.3M
Q3 24
$-459.2K
$7.4M
Q2 24
$159.2K
$7.9M
Q1 24
$894.9K
Total Assets
AIHS
AIHS
IGC
IGC
Q4 25
$5.7M
Q3 25
$4.7M
$9.7M
Q2 25
$5.3M
$7.9M
Q1 25
$5.8M
Q4 24
$7.9M
$9.1M
Q3 24
$8.6M
$10.4M
Q2 24
$9.2M
$10.6M
Q1 24
$9.9M
$9.9M

Cash Flow & Capital Efficiency

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

Metric
AIHS
AIHS
IGC
IGC
Operating Cash FlowLast quarter
$-865.6K
$-2.1M
Free Cash FlowOCF − Capex
$-2.1M
FCF MarginFCF / Revenue
-1109.4%
Capex IntensityCapex / Revenue
15.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIHS
AIHS
IGC
IGC
Q4 25
$-865.6K
Q3 25
$-71.4K
$-2.1M
Q2 25
$-321.2K
$-1.4M
Q1 25
$-48.1K
Q4 24
$356.1K
Q3 24
$175.6K
$-996.0K
Q2 24
$16.8K
$-1.8M
Q1 24
$-247.5K
$-526.0K
Free Cash Flow
AIHS
AIHS
IGC
IGC
Q4 25
Q3 25
$-2.1M
Q2 25
$-1.4M
Q1 25
$-49.3K
Q4 24
$355.3K
Q3 24
$175.6K
$-1.0M
Q2 24
$15.6K
$-1.8M
Q1 24
$-275.8K
$-541.0K
FCF Margin
AIHS
AIHS
IGC
IGC
Q4 25
Q3 25
-1109.4%
Q2 25
-431.4%
Q1 25
-6.1%
Q4 24
38.8%
Q3 24
23.7%
-248.8%
Q2 24
1.8%
-658.1%
Q1 24
385.8%
-183.4%
Capex Intensity
AIHS
AIHS
IGC
IGC
Q4 25
Q3 25
15.2%
Q2 25
2.4%
Q1 25
0.1%
Q4 24
0.1%
Q3 24
0.0%
7.0%
Q2 24
0.1%
14.0%
Q1 24
-39.6%
5.1%

Financial Flow Comparison

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

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