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Side-by-side financial comparison of Alector, Inc. (ALEC) and MicroCloud Hologram Inc. (HOLO). Click either name above to swap in a different company.

MicroCloud Hologram Inc. is the larger business by last-quarter revenue ($7.6M vs $6.2M, roughly 1.2× Alector, Inc.). On growth, MicroCloud Hologram Inc. posted the faster year-over-year revenue change (-43.7% vs -88.5%). MicroCloud Hologram Inc. produced more free cash flow last quarter ($-910.1K vs $-184.1M).

Alector, Inc. is a clinical-stage biopharmaceutical company focused on developing innovative immunotherapies for neurodegenerative diseases. Its product pipeline targets unmet medical needs including Alzheimer’s disease, frontotemporal dementia, and Parkinson’s disease, and it collaborates with global pharmaceutical partners to advance candidate therapies through clinical trials.

MicroCloud Hologram Inc. is a global technology provider focused on holographic augmented reality solutions, holographic display hardware, and supporting software services. It serves consumer entertainment, education, commercial advertising, and industrial visualization segments across North America, Asia-Pacific and European markets.

ALEC vs HOLO — Head-to-Head

Bigger by revenue
HOLO
HOLO
1.2× larger
HOLO
$7.6M
$6.2M
ALEC
Growing faster (revenue YoY)
HOLO
HOLO
+44.8% gap
HOLO
-43.7%
-88.5%
ALEC
More free cash flow
HOLO
HOLO
$183.2M more FCF
HOLO
$-910.1K
$-184.1M
ALEC

Income Statement — Q4 FY2025 vs Q2 FY2023

Metric
ALEC
ALEC
HOLO
HOLO
Revenue
$6.2M
$7.6M
Net Profit
$-401.5K
Gross Margin
44.0%
Operating Margin
-10.6%
Net Margin
-5.3%
Revenue YoY
-88.5%
-43.7%
Net Profit YoY
-1696.9%
-286.8%
EPS (diluted)

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
ALEC
ALEC
HOLO
HOLO
Q4 25
$6.2M
Q3 25
$3.3M
Q2 25
$7.9M
Q1 25
$3.7M
Q4 24
$54.2M
Q3 24
$15.3M
Q2 24
$15.1M
Q1 24
$15.9M
Net Profit
ALEC
ALEC
HOLO
HOLO
Q4 25
Q3 25
$-34.7M
Q2 25
$-30.5M
Q1 25
$-40.5M
Q4 24
$-2.1M
Q3 24
$-42.2M
Q2 24
$-38.7M
Q1 24
$-36.1M
Operating Margin
ALEC
ALEC
HOLO
HOLO
Q4 25
Q3 25
-1153.6%
Q2 25
-433.6%
Q1 25
-1216.5%
Q4 24
-13.4%
Q3 24
-315.7%
Q2 24
-302.4%
Q1 24
-275.0%
Net Margin
ALEC
ALEC
HOLO
HOLO
Q4 25
Q3 25
-1063.4%
Q2 25
-387.7%
Q1 25
-1101.6%
Q4 24
-3.8%
Q3 24
-275.2%
Q2 24
-256.4%
Q1 24
-227.0%
EPS (diluted)
ALEC
ALEC
HOLO
HOLO
Q4 25
Q3 25
$-0.34
Q2 25
$-0.30
Q1 25
$-0.41
Q4 24
$-0.02
Q3 24
$-0.43
Q2 24
$-0.40
Q1 24
$-0.38

Balance Sheet & Financial Strength

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

Metric
ALEC
ALEC
HOLO
HOLO
Cash + ST InvestmentsLiquidity on hand
$256.0M
$18.9M
Total DebtLower is stronger
$10.0M
Stockholders' EquityBook value
$30.6M
$23.7M
Total Assets
$293.2M
$35.0M
Debt / EquityLower = less leverage
0.33×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALEC
ALEC
HOLO
HOLO
Q4 25
$256.0M
Q3 25
$291.1M
Q2 25
$307.3M
Q1 25
$354.6M
Q4 24
$413.4M
Q3 24
$457.2M
Q2 24
$503.3M
Q1 24
$562.1M
Total Debt
ALEC
ALEC
HOLO
HOLO
Q4 25
$10.0M
Q3 25
Q2 25
Q1 25
Q4 24
$10.0M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ALEC
ALEC
HOLO
HOLO
Q4 25
$30.6M
Q3 25
$57.7M
Q2 25
$71.2M
Q1 25
$94.6M
Q4 24
$126.8M
Q3 24
$118.9M
Q2 24
$150.6M
Q1 24
$178.9M
Total Assets
ALEC
ALEC
HOLO
HOLO
Q4 25
$293.2M
Q3 25
$335.3M
Q2 25
$356.4M
Q1 25
$408.3M
Q4 24
$468.3M
Q3 24
$516.0M
Q2 24
$570.7M
Q1 24
$635.5M
Debt / Equity
ALEC
ALEC
HOLO
HOLO
Q4 25
0.33×
Q3 25
Q2 25
Q1 25
Q4 24
0.08×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
ALEC
ALEC
HOLO
HOLO
Operating Cash FlowLast quarter
$-184.0M
$-891.4K
Free Cash FlowOCF − Capex
$-184.1M
$-910.1K
FCF MarginFCF / Revenue
-2951.3%
-12.0%
Capex IntensityCapex / Revenue
0.7%
0.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-326.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALEC
ALEC
HOLO
HOLO
Q4 25
$-184.0M
Q3 25
$-32.5M
Q2 25
$-49.0M
Q1 25
$-60.8M
Q4 24
$-55.0M
Q3 24
$-50.7M
Q2 24
$-62.8M
Q1 24
$-61.3M
Free Cash Flow
ALEC
ALEC
HOLO
HOLO
Q4 25
$-184.1M
Q3 25
$-32.5M
Q2 25
$-49.1M
Q1 25
$-60.8M
Q4 24
$-55.2M
Q3 24
$-50.9M
Q2 24
$-63.1M
Q1 24
$-61.9M
FCF Margin
ALEC
ALEC
HOLO
HOLO
Q4 25
-2951.3%
Q3 25
-997.6%
Q2 25
-623.0%
Q1 25
-1655.0%
Q4 24
-101.8%
Q3 24
-332.1%
Q2 24
-418.6%
Q1 24
-389.3%
Capex Intensity
ALEC
ALEC
HOLO
HOLO
Q4 25
0.7%
Q3 25
0.3%
Q2 25
0.1%
Q1 25
0.5%
Q4 24
0.3%
Q3 24
1.4%
Q2 24
2.2%
Q1 24
3.4%

Financial Flow Comparison

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

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