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Side-by-side financial comparison of ALT5 Sigma Corp (ALTS) and CollPlant Biotechnologies Ltd (CLGN). Click either name above to swap in a different company.

CollPlant Biotechnologies Ltd is the larger business by last-quarter revenue ($10.2M vs $5.4M, roughly 1.9× ALT5 Sigma Corp). CollPlant Biotechnologies Ltd runs the higher net margin — 56.6% vs -7100.2%, a 7156.8% gap on every dollar of revenue. On growth, CollPlant Biotechnologies Ltd posted the faster year-over-year revenue change (15330.3% vs 12.5%).

ALT5 Sigma Corp is a fintech firm focused on digital asset infrastructure and trading solutions. It operates regulated digital asset trading platforms for retail and institutional clients, primarily serving markets across North America, Europe, and the Asia-Pacific region. Its core offerings include spot and derivatives trading, digital asset custody, and secure settlement services.

CollPlant Biotechnologies Ltd is a regenerative medicine company focused on developing and commercializing advanced products using its proprietary plant-derived human collagen technology. Its core offerings cover wound care, soft tissue repair, and aesthetic medicine solutions, targeting key markets across North America, Europe, and Israel, serving healthcare providers in dermatology, orthopedics and cosmetic care segments.

ALTS vs CLGN — Head-to-Head

Bigger by revenue
CLGN
CLGN
1.9× larger
CLGN
$10.2M
$5.4M
ALTS
Growing faster (revenue YoY)
CLGN
CLGN
+15317.8% gap
CLGN
15330.3%
12.5%
ALTS
Higher net margin
CLGN
CLGN
7156.8% more per $
CLGN
56.6%
-7100.2%
ALTS

Income Statement — Q4 FY2025 vs Q2 FY2023

Metric
ALTS
ALTS
CLGN
CLGN
Revenue
$5.4M
$10.2M
Net Profit
$-381.5M
$5.8M
Gross Margin
40.9%
94.0%
Operating Margin
-38.1%
55.7%
Net Margin
-7100.2%
56.6%
Revenue YoY
12.5%
15330.3%
Net Profit YoY
-7249.1%
234.5%
EPS (diluted)
$-5.53
$0.49

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
ALTS
ALTS
CLGN
CLGN
Q4 25
$5.4M
Q3 25
$7.6M
Q2 25
$6.4M
Q1 25
$5.5M
Q4 24
$4.8M
Q3 24
$4.9M
Q2 24
$2.2M
Q1 24
$0
Net Profit
ALTS
ALTS
CLGN
CLGN
Q4 25
$-381.5M
Q3 25
$49.0M
Q2 25
$-9.1M
Q1 25
$-2.9M
Q4 24
$-5.2M
Q3 24
$-822.0K
Q2 24
$589.0K
Q1 24
$-2.1M
Gross Margin
ALTS
ALTS
CLGN
CLGN
Q4 25
40.9%
Q3 25
34.6%
Q2 25
43.5%
Q1 25
47.0%
Q4 24
45.8%
Q3 24
47.8%
Q2 24
50.6%
Q1 24
Operating Margin
ALTS
ALTS
CLGN
CLGN
Q4 25
-38.1%
Q3 25
-218.3%
Q2 25
-32.8%
Q1 25
-39.4%
Q4 24
-40.8%
Q3 24
-14.8%
Q2 24
-112.2%
Q1 24
Net Margin
ALTS
ALTS
CLGN
CLGN
Q4 25
-7100.2%
Q3 25
646.4%
Q2 25
-142.9%
Q1 25
-51.9%
Q4 24
-108.7%
Q3 24
-16.6%
Q2 24
27.2%
Q1 24
EPS (diluted)
ALTS
ALTS
CLGN
CLGN
Q4 25
$-5.53
Q3 25
$0.29
Q2 25
$-0.49
Q1 25
$-0.18
Q4 24
$-0.35
Q3 24
$-0.06
Q2 24
$0.07
Q1 24
$-0.34

Balance Sheet & Financial Strength

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

Metric
ALTS
ALTS
CLGN
CLGN
Cash + ST InvestmentsLiquidity on hand
$6.2M
$22.3M
Total DebtLower is stronger
$563.0K
Stockholders' EquityBook value
$1.2B
$36.0M
Total Assets
$1.2B
$41.6M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALTS
ALTS
CLGN
CLGN
Q4 25
$6.2M
Q3 25
$7.3M
Q2 25
$9.6M
Q1 25
$10.8M
Q4 24
$7.2M
Q3 24
$8.7M
Q2 24
$5.8M
Q1 24
$61.0K
Total Debt
ALTS
ALTS
CLGN
CLGN
Q4 25
$563.0K
Q3 25
Q2 25
Q1 25
Q4 24
$563.0K
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ALTS
ALTS
CLGN
CLGN
Q4 25
$1.2B
Q3 25
$1.6B
Q2 25
$26.1M
Q1 25
$21.8M
Q4 24
$12.4M
Q3 24
$20.2M
Q2 24
$22.9M
Q1 24
$3.8M
Total Assets
ALTS
ALTS
CLGN
CLGN
Q4 25
$1.2B
Q3 25
$1.6B
Q2 25
$94.7M
Q1 25
$78.0M
Q4 24
$75.7M
Q3 24
$74.9M
Q2 24
$75.4M
Q1 24
$18.6M
Debt / Equity
ALTS
ALTS
CLGN
CLGN
Q4 25
0.00×
Q3 25
Q2 25
Q1 25
Q4 24
0.05×
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
ALTS
ALTS
CLGN
CLGN
Operating Cash FlowLast quarter
$-7.2M
Free Cash FlowOCF − Capex
$-7.2M
FCF MarginFCF / Revenue
-133.4%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALTS
ALTS
CLGN
CLGN
Q4 25
$-7.2M
Q3 25
$-8.7M
Q2 25
$-5.2M
Q1 25
$-1.5M
Q4 24
$1.8M
Q3 24
$4.2M
Q2 24
$80.0K
Q1 24
$-544.0K
Free Cash Flow
ALTS
ALTS
CLGN
CLGN
Q4 25
$-7.2M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
ALTS
ALTS
CLGN
CLGN
Q4 25
-133.4%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
ALTS
ALTS
CLGN
CLGN
Q4 25
0.2%
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
ALTS
ALTS
CLGN
CLGN
Q4 25
Q3 25
-0.18×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
0.14×
Q1 24

Financial Flow Comparison

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

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