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Side-by-side financial comparison of AQUABOUNTY TECHNOLOGIES INC (AQB) and Aris Mining Corp (ARMN). Click either name above to swap in a different company.

AQUABOUNTY TECHNOLOGIES INC is the larger business by last-quarter revenue ($180.2K vs $151.1K, roughly 1.2× Aris Mining Corp). Aris Mining Corp runs the higher net margin — 13.6% vs -28035.1%, a 28048.7% gap on every dollar of revenue.

AquaBounty Technologies is a biotechnology and aquaculture company based in Maynard, Massachusetts, United States. The company is notable for its research and development of genetically modified fish. It aims to create products that aim to increase the productivity of aquaculture. As of 2020, sale of the company's AquAdvantage salmon has been approved in Canada and the United States. The company sold all of its operating farms and ceased fish production in 2024.

Endeavour Mining plc is a multinational mining company that owns and operates gold mines in Côte d'Ivoire, Burkina Faso and Senegal. The company is headquartered in London, England, and is listed on the London Stock Exchange. It is a constituent of the FTSE 100 Index.

AQB vs ARMN — Head-to-Head

Bigger by revenue
AQB
AQB
1.2× larger
AQB
$180.2K
$151.1K
ARMN
Higher net margin
ARMN
ARMN
28048.7% more per $
ARMN
13.6%
-28035.1%
AQB

Income Statement — Q2 FY2024 vs Q4 FY2025

Metric
AQB
AQB
ARMN
ARMN
Revenue
$180.2K
$151.1K
Net Profit
$-50.5M
$20.5K
Gross Margin
44.9%
Operating Margin
-16405.6%
30.0%
Net Margin
-28035.1%
13.6%
Revenue YoY
-77.1%
Net Profit YoY
-676.1%
EPS (diluted)
$-13.08
$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
AQB
AQB
ARMN
ARMN
Q4 25
$151.1K
Q2 24
$180.2K
Q1 24
$477.3K
Q4 23
$553.3K
Q3 23
$733.1K
Q2 23
$788.4K
Q1 23
$397.8K
Q4 22
$450.9K
Net Profit
AQB
AQB
ARMN
ARMN
Q4 25
$20.5K
Q2 24
$-50.5M
Q1 24
$-11.2M
Q4 23
Q3 23
$-6.1M
Q2 23
$-6.5M
Q1 23
$-6.5M
Q4 22
$-6.1M
Gross Margin
AQB
AQB
ARMN
ARMN
Q4 25
44.9%
Q2 24
Q1 24
Q4 23
Q3 23
Q2 23
Q1 23
Q4 22
Operating Margin
AQB
AQB
ARMN
ARMN
Q4 25
30.0%
Q2 24
-16405.6%
Q1 24
-529.4%
Q4 23
Q3 23
-828.5%
Q2 23
-817.1%
Q1 23
-1629.5%
Q4 22
-1355.5%
Net Margin
AQB
AQB
ARMN
ARMN
Q4 25
13.6%
Q2 24
-28035.1%
Q1 24
-2337.9%
Q4 23
Q3 23
-837.2%
Q2 23
-825.5%
Q1 23
-1630.3%
Q4 22
-1345.9%
EPS (diluted)
AQB
AQB
ARMN
ARMN
Q4 25
$0.02
Q2 24
$-13.08
Q1 24
$-2.90
Q4 23
$-2.19
Q3 23
$-1.60
Q2 23
$-1.69
Q1 23
$-1.69
Q4 22

Balance Sheet & Financial Strength

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

Metric
AQB
AQB
ARMN
ARMN
Cash + ST InvestmentsLiquidity on hand
$728.3K
Total DebtLower is stronger
$10.5M
Stockholders' EquityBook value
$103.3M
Total Assets
$127.4M
Debt / EquityLower = less leverage
0.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AQB
AQB
ARMN
ARMN
Q4 25
Q2 24
$728.3K
Q1 24
$2.6M
Q4 23
$8.2M
Q3 23
$16.8M
Q2 23
$42.8M
Q1 23
$72.8M
Q4 22
$101.6M
Total Debt
AQB
AQB
ARMN
ARMN
Q4 25
Q2 24
$10.5M
Q1 24
$8.4M
Q4 23
$5.1M
Q3 23
$8.6M
Q2 23
$8.9M
Q1 23
$9.0M
Q4 22
$8.7M
Stockholders' Equity
AQB
AQB
ARMN
ARMN
Q4 25
Q2 24
$103.3M
Q1 24
$153.8M
Q4 23
$165.0M
Q3 23
$173.2M
Q2 23
$179.3M
Q1 23
$185.6M
Q4 22
$191.9M
Total Assets
AQB
AQB
ARMN
ARMN
Q4 25
Q2 24
$127.4M
Q1 24
$176.2M
Q4 23
$187.6M
Q3 23
$192.5M
Q2 23
$210.2M
Q1 23
$206.3M
Q4 22
$213.8M
Debt / Equity
AQB
AQB
ARMN
ARMN
Q4 25
Q2 24
0.10×
Q1 24
0.05×
Q4 23
0.03×
Q3 23
0.05×
Q2 23
0.05×
Q1 23
0.05×
Q4 22
0.05×

Cash Flow & Capital Efficiency

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

Metric
AQB
AQB
ARMN
ARMN
Operating Cash FlowLast quarter
$-4.3M
$99.1K
Free Cash FlowOCF − Capex
$-5.2M
FCF MarginFCF / Revenue
-2885.9%
Capex IntensityCapex / Revenue
485.1%
Cash ConversionOCF / Net Profit
4.82×
TTM Free Cash FlowTrailing 4 quarters
$-45.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AQB
AQB
ARMN
ARMN
Q4 25
$99.1K
Q2 24
$-4.3M
Q1 24
$-4.4M
Q4 23
$-5.8M
Q3 23
$-6.2M
Q2 23
$-6.1M
Q1 23
$-6.1M
Q4 22
$-3.1M
Free Cash Flow
AQB
AQB
ARMN
ARMN
Q4 25
Q2 24
$-5.2M
Q1 24
$-5.5M
Q4 23
$-8.4M
Q3 23
$-25.9M
Q2 23
$-29.8M
Q1 23
$-29.1M
Q4 22
$-25.6M
FCF Margin
AQB
AQB
ARMN
ARMN
Q4 25
Q2 24
-2885.9%
Q1 24
-1161.2%
Q4 23
-1519.4%
Q3 23
-3530.9%
Q2 23
-3774.6%
Q1 23
-7307.6%
Q4 22
-5687.6%
Capex Intensity
AQB
AQB
ARMN
ARMN
Q4 25
Q2 24
485.1%
Q1 24
235.9%
Q4 23
475.9%
Q3 23
2683.0%
Q2 23
3000.4%
Q1 23
5763.9%
Q4 22
5010.3%
Cash Conversion
AQB
AQB
ARMN
ARMN
Q4 25
4.82×
Q2 24
Q1 24
Q4 23
Q3 23
Q2 23
Q1 23
Q4 22

Financial Flow Comparison

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

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