vs

Side-by-side financial comparison of ASSEMBLY BIOSCIENCES, INC. (ASMB) and Electrovaya Inc. (ELVA). Click either name above to swap in a different company.

Electrovaya Inc. is the larger business by last-quarter revenue ($17.1M vs $10.8M, roughly 1.6× ASSEMBLY BIOSCIENCES, INC.). Electrovaya Inc. runs the higher net margin — 5.3% vs -85.2%, a 90.5% gap on every dollar of revenue. Electrovaya Inc. produced more free cash flow last quarter ($-9.7M vs $-15.2M).

Pacific Biosciences of California, Inc. is an American biotechnology company founded in 2004 that develops and manufactures systems for gene sequencing and some novel real time biological observation. PacBio has two principal sequencing platforms: single-molecule real-time sequencing (SMRT), based on the properties of zero-mode waveguides and sequencing by binding (SBB) chemistry, which uses native nucleotides and scarless incorporation for DNA binding and extension.

Electrovaya Inc. is a developer and manufacturer of Lithium-ion batteries and battery systems for the automotive, warehousing, autonomous guided vehicles, and energy storage applications. The company has operations in NY State and based in Ontario, Canada.

ASMB vs ELVA — Head-to-Head

Bigger by revenue
ELVA
ELVA
1.6× larger
ELVA
$17.1M
$10.8M
ASMB
Higher net margin
ELVA
ELVA
90.5% more per $
ELVA
5.3%
-85.2%
ASMB
More free cash flow
ELVA
ELVA
$5.4M more FCF
ELVA
$-9.7M
$-15.2M
ASMB

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
ASMB
ASMB
ELVA
ELVA
Revenue
$10.8M
$17.1M
Net Profit
$-9.2M
$907.0K
Gross Margin
30.8%
Operating Margin
-100.9%
Net Margin
-85.2%
5.3%
Revenue YoY
57.6%
Net Profit YoY
4.3%
EPS (diluted)
$-0.72
$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
ASMB
ASMB
ELVA
ELVA
Q3 25
$10.8M
Q2 25
$9.6M
$17.1M
Q1 25
$9.4M
Q4 24
$7.4M
Q3 24
$6.8M
Q2 24
$8.5M
Q1 24
$5.8M
Net Profit
ASMB
ASMB
ELVA
ELVA
Q3 25
$-9.2M
Q2 25
$-10.2M
$907.0K
Q1 25
$-8.8M
Q4 24
Q3 24
$-9.6M
Q2 24
$-11.2M
Q1 24
$-9.1M
Gross Margin
ASMB
ASMB
ELVA
ELVA
Q3 25
Q2 25
30.8%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
ASMB
ASMB
ELVA
ELVA
Q3 25
-100.9%
Q2 25
-115.2%
Q1 25
-105.5%
Q4 24
Q3 24
-160.1%
Q2 24
-143.0%
Q1 24
-185.5%
Net Margin
ASMB
ASMB
ELVA
ELVA
Q3 25
-85.2%
Q2 25
-105.9%
5.3%
Q1 25
-93.6%
Q4 24
Q3 24
-140.4%
Q2 24
-130.7%
Q1 24
-156.9%
EPS (diluted)
ASMB
ASMB
ELVA
ELVA
Q3 25
$-0.72
Q2 25
$-1.33
$0.02
Q1 25
$-1.17
Q4 24
Q3 24
$-1.51
Q2 24
$-1.98
Q1 24
$-1.66

Balance Sheet & Financial Strength

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

Metric
ASMB
ASMB
ELVA
ELVA
Cash + ST InvestmentsLiquidity on hand
$22.5M
$1.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$182.7M
$22.3M
Total Assets
$240.0M
$53.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASMB
ASMB
ELVA
ELVA
Q3 25
$22.5M
Q2 25
$24.0M
$1.3M
Q1 25
$23.4M
Q4 24
$38.3M
Q3 24
$28.5M
Q2 24
$19.2M
Q1 24
$18.7M
Stockholders' Equity
ASMB
ASMB
ELVA
ELVA
Q3 25
$182.7M
Q2 25
$18.1M
$22.3M
Q1 25
$27.1M
Q4 24
$33.4M
Q3 24
$26.0M
Q2 24
$34.7M
Q1 24
$32.6M
Total Assets
ASMB
ASMB
ELVA
ELVA
Q3 25
$240.0M
Q2 25
$80.8M
$53.9M
Q1 25
$99.0M
Q4 24
$119.2M
Q3 24
$100.3M
Q2 24
$115.3M
Q1 24
$119.9M

Cash Flow & Capital Efficiency

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

Metric
ASMB
ASMB
ELVA
ELVA
Operating Cash FlowLast quarter
$-15.1M
$-7.3M
Free Cash FlowOCF − Capex
$-15.2M
$-9.7M
FCF MarginFCF / Revenue
-140.7%
-56.8%
Capex IntensityCapex / Revenue
0.4%
14.1%
Cash ConversionOCF / Net Profit
-8.06×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASMB
ASMB
ELVA
ELVA
Q3 25
$-15.1M
Q2 25
$-16.8M
$-7.3M
Q1 25
$-23.4M
Q4 24
$-51.1M
Q3 24
$-15.2M
Q2 24
$-17.1M
Q1 24
$-18.4M
Free Cash Flow
ASMB
ASMB
ELVA
ELVA
Q3 25
$-15.2M
Q2 25
$-9.7M
Q1 25
Q4 24
$-51.1M
Q3 24
Q2 24
$-17.1M
Q1 24
$-18.4M
FCF Margin
ASMB
ASMB
ELVA
ELVA
Q3 25
-140.7%
Q2 25
-56.8%
Q1 25
Q4 24
-695.2%
Q3 24
Q2 24
-200.6%
Q1 24
-317.7%
Capex Intensity
ASMB
ASMB
ELVA
ELVA
Q3 25
0.4%
Q2 25
0.0%
14.1%
Q1 25
0.0%
Q4 24
0.4%
Q3 24
0.0%
Q2 24
0.2%
Q1 24
0.2%
Cash Conversion
ASMB
ASMB
ELVA
ELVA
Q3 25
Q2 25
-8.06×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Related Comparisons