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Side-by-side financial comparison of ACTELIS NETWORKS INC (ASNS) and Ivanhoe Electric Inc. (IE). Click either name above to swap in a different company.
ACTELIS NETWORKS INC is the larger business by last-quarter revenue ($1.4M vs $896.0K, roughly 1.5× Ivanhoe Electric Inc.). ACTELIS NETWORKS INC runs the higher net margin — -184.5% vs -4500.4%, a 4316.0% gap on every dollar of revenue. On growth, ACTELIS NETWORKS INC posted the faster year-over-year revenue change (28.6% vs -32.7%). Over the past eight quarters, Ivanhoe Electric Inc.'s revenue compounded faster (57.8% CAGR vs 37.2%).
Actelis Networks Inc develops and manufactures high-performance broadband access networking solutions for telecom operators, enterprises and government entities. Its core products include Ethernet over copper systems delivering cost-effective high-speed connectivity over existing copper infrastructure, with key markets across North America, Europe and the Asia-Pacific.
Ivanhoe Electric Inc. is a critical minerals exploration and development firm focused on metals for global electrification. It targets high-grade copper, gold, silver and strategic deposits, with primary North American operations, supplying raw materials to renewable energy, EV and power grid infrastructure supply chains worldwide.
ASNS vs IE — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.4M | $896.0K |
| Net Profit | $-2.5M | $-40.3M |
| Gross Margin | 35.1% | 69.5% |
| Operating Margin | -122.3% | -4167.7% |
| Net Margin | -184.5% | -4500.4% |
| Revenue YoY | 28.6% | -32.7% |
| Net Profit YoY | -40.1% | -318.3% |
| EPS (diluted) | $-5.08 | $0.24 |
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.
| Q4 25 | $1.4M | $896.0K | ||
| Q3 25 | $643.0K | $545.0K | ||
| Q2 25 | $941.0K | $1.1M | ||
| Q1 25 | $721.0K | $735.0K | ||
| Q4 24 | $1.1M | $1.3M | ||
| Q3 24 | $2.5M | $671.0K | ||
| Q2 24 | $3.4M | $538.0K | ||
| Q1 24 | $726.0K | $360.0K |
| Q4 25 | $-2.5M | $-40.3M | ||
| Q3 25 | $-2.0M | $-17.5M | ||
| Q2 25 | $-1.9M | $-23.9M | ||
| Q1 25 | $-1.9M | $-34.1M | ||
| Q4 24 | $-1.8M | $18.5M | ||
| Q3 24 | $-511.0K | $-43.2M | ||
| Q2 24 | $-78.0K | $-46.8M | ||
| Q1 24 | $-2.0M | $-60.1M |
| Q4 25 | 35.1% | 69.5% | ||
| Q3 25 | 28.5% | 51.2% | ||
| Q2 25 | 32.4% | 72.5% | ||
| Q1 25 | 34.8% | 60.1% | ||
| Q4 24 | 34.3% | 64.7% | ||
| Q3 24 | 68.6% | 61.8% | ||
| Q2 24 | 56.6% | 64.3% | ||
| Q1 24 | 30.3% | 72.2% |
| Q4 25 | -122.3% | -4167.7% | ||
| Q3 25 | -300.0% | -4328.3% | ||
| Q2 25 | -188.4% | -2400.3% | ||
| Q1 25 | -251.3% | -3674.0% | ||
| Q4 24 | -154.0% | -2229.4% | ||
| Q3 24 | -12.5% | -6233.8% | ||
| Q2 24 | 1.9% | -9023.4% | ||
| Q1 24 | -257.7% | -15800.3% |
| Q4 25 | -184.5% | -4500.4% | ||
| Q3 25 | -307.9% | -3214.9% | ||
| Q2 25 | -202.0% | -2233.2% | ||
| Q1 25 | -258.0% | -4645.0% | ||
| Q4 24 | -169.4% | 1386.6% | ||
| Q3 24 | -20.1% | -6443.5% | ||
| Q2 24 | -2.3% | -8695.7% | ||
| Q1 24 | -273.6% | -16693.1% |
| Q4 25 | $-5.08 | $0.24 | ||
| Q3 25 | $-0.17 | $0.13 | ||
| Q2 25 | $-0.21 | $0.18 | ||
| Q1 25 | $-0.22 | $0.24 | ||
| Q4 24 | $-7.90 | $-0.14 | ||
| Q3 24 | $-0.09 | $0.36 | ||
| Q2 24 | $-0.01 | $0.39 | ||
| Q1 24 | $-0.50 | $0.46 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $4.1M | $173.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $4.8M | $416.1M |
| Total Assets | $9.5M | $483.3M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.1M | $173.3M | ||
| Q3 25 | $1.5M | $69.5M | ||
| Q2 25 | $393.0K | $88.0M | ||
| Q1 25 | $1.1M | $98.2M | ||
| Q4 24 | $2.0M | $41.0M | ||
| Q3 24 | $2.2M | $81.1M | ||
| Q2 24 | $2.4M | $133.8M | ||
| Q1 24 | $1.4M | $179.4M |
| Q4 25 | — | — | ||
| Q3 25 | $150.0K | — | ||
| Q2 25 | $150.0K | — | ||
| Q1 25 | $150.0K | — | ||
| Q4 24 | $150.0K | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $148.0K | — |
| Q4 25 | $4.8M | $416.1M | ||
| Q3 25 | $3.0M | $280.1M | ||
| Q2 25 | $1.3M | $293.3M | ||
| Q1 25 | $2.6M | $307.0M | ||
| Q4 24 | $3.0M | $268.6M | ||
| Q3 24 | $3.1M | $250.1M | ||
| Q2 24 | $1.1M | $289.2M | ||
| Q1 24 | $-1.7M | $331.5M |
| Q4 25 | $9.5M | $483.3M | ||
| Q3 25 | $6.9M | $386.2M | ||
| Q2 25 | $6.0M | $400.5M | ||
| Q1 25 | $7.1M | $414.4M | ||
| Q4 24 | $8.2M | $374.9M | ||
| Q3 24 | $8.8M | $375.4M | ||
| Q2 24 | $8.4M | $416.3M | ||
| Q1 24 | $10.5M | $461.2M |
| Q4 25 | — | — | ||
| Q3 25 | 0.05× | — | ||
| Q2 25 | 0.12× | — | ||
| Q1 25 | 0.06× | — | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-2.1M | $-25.7M |
| Free Cash FlowOCF − Capex | — | $-25.7M |
| FCF MarginFCF / Revenue | — | -2872.8% |
| Capex IntensityCapex / Revenue | — | 4.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-90.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-2.1M | $-25.7M | ||
| Q3 25 | $-2.4M | $-27.7M | ||
| Q2 25 | $-1.0M | $-20.0M | ||
| Q1 25 | $-2.2M | $-15.8M | ||
| Q4 24 | $-1.8M | $-30.7M | ||
| Q3 24 | $-2.4M | $-36.9M | ||
| Q2 24 | $-2.1M | $-44.5M | ||
| Q1 24 | $-203.0K | $-50.0M |
| Q4 25 | — | $-25.7M | ||
| Q3 25 | — | $-27.8M | ||
| Q2 25 | — | $-21.3M | ||
| Q1 25 | — | $-15.8M | ||
| Q4 24 | — | $-32.4M | ||
| Q3 24 | — | $-36.9M | ||
| Q2 24 | — | $-45.0M | ||
| Q1 24 | $-204.0K | $-50.6M |
| Q4 25 | — | -2872.8% | ||
| Q3 25 | — | -5103.9% | ||
| Q2 25 | — | -1990.1% | ||
| Q1 25 | — | -2146.5% | ||
| Q4 24 | — | -2432.4% | ||
| Q3 24 | — | -5506.6% | ||
| Q2 24 | — | -8372.9% | ||
| Q1 24 | -28.1% | -14064.2% |
| Q4 25 | — | 4.1% | ||
| Q3 25 | — | 16.9% | ||
| Q2 25 | — | 117.6% | ||
| Q1 25 | — | 0.3% | ||
| Q4 24 | 0.0% | 127.3% | ||
| Q3 24 | 0.0% | 8.8% | ||
| Q2 24 | 0.0% | 93.7% | ||
| Q1 24 | 0.1% | 186.7% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | -1.66× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ASNS
| Europe Middle East And Africa | $1.1M | 83% |
| Other | $228.0K | 17% |
IE
Segment breakdown not available.
