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Side-by-side financial comparison of Avidia Bancorp, Inc. (AVBC) and FENNEC PHARMACEUTICALS INC. (FENC). Click either name above to swap in a different company.

Avidia Bancorp, Inc. is the larger business by last-quarter revenue ($26.8M vs $13.8M, roughly 1.9× FENNEC PHARMACEUTICALS INC.). Avidia Bancorp, Inc. runs the higher net margin — 22.9% vs -34.7%, a 57.6% gap on every dollar of revenue.

Avidia Bank is an American mutual community bank headquartered in Hudson, Massachusetts. It was founded in 2007 when it was formed by a merger between Hudson Savings Bank and Westborough Bank.

Fennec Pharmaceuticals Inc. is a biopharmaceutical firm focused on developing and commercializing therapies to reduce treatment-related side effects in pediatric cancer patients. Its lead product targets chemotherapy-induced ototoxicity, with core North American markets serving oncology providers and vulnerable pediatric patient groups.

AVBC vs FENC — Head-to-Head

Bigger by revenue
AVBC
AVBC
1.9× larger
AVBC
$26.8M
$13.8M
FENC
Higher net margin
AVBC
AVBC
57.6% more per $
AVBC
22.9%
-34.7%
FENC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AVBC
AVBC
FENC
FENC
Revenue
$26.8M
$13.8M
Net Profit
$5.3M
$-4.8M
Gross Margin
Operating Margin
33.3%
-18.5%
Net Margin
22.9%
-34.7%
Revenue YoY
73.8%
Net Profit YoY
-141.1%
EPS (diluted)
$-0.17

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
AVBC
AVBC
FENC
FENC
Q4 25
$26.8M
$13.8M
Q3 25
$28.0M
$12.5M
Q2 25
$25.9M
$9.7M
Q1 25
$22.9M
$8.8M
Q4 24
$7.9M
Q3 24
$7.0M
Q2 24
$7.3M
Q1 24
$25.4M
Net Profit
AVBC
AVBC
FENC
FENC
Q4 25
$5.3M
$-4.8M
Q3 25
$-907.0K
$-638.0K
Q2 25
$3.9M
$-3.2M
Q1 25
$-11.6M
$-1.2M
Q4 24
$-2.0M
Q3 24
$-5.7M
Q2 24
$-5.6M
Q1 24
$12.8M
Operating Margin
AVBC
AVBC
FENC
FENC
Q4 25
33.3%
-18.5%
Q3 25
-7.0%
-1.5%
Q2 25
19.4%
-28.3%
Q1 25
-72.0%
-9.2%
Q4 24
-11.8%
Q3 24
-74.6%
Q2 24
-69.4%
Q1 24
54.2%
Net Margin
AVBC
AVBC
FENC
FENC
Q4 25
22.9%
-34.7%
Q3 25
-3.2%
-5.1%
Q2 25
15.0%
-32.7%
Q1 25
-50.5%
-13.3%
Q4 24
-25.0%
Q3 24
-82.2%
Q2 24
-76.5%
Q1 24
50.6%
EPS (diluted)
AVBC
AVBC
FENC
FENC
Q4 25
$-0.17
Q3 25
$-0.05
$-0.02
Q2 25
$-0.11
Q1 25
$-0.04
Q4 24
$-0.02
Q3 24
$-0.21
Q2 24
$-0.20
Q1 24
$0.41

Balance Sheet & Financial Strength

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

Metric
AVBC
AVBC
FENC
FENC
Cash + ST InvestmentsLiquidity on hand
$275.0M
$36.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$379.0M
$35.5M
Total Assets
$2.8B
$70.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVBC
AVBC
FENC
FENC
Q4 25
$275.0M
$36.8M
Q3 25
$208.3M
$21.9M
Q2 25
$592.5M
$18.7M
Q1 25
$22.7M
Q4 24
$26.6M
Q3 24
$40.3M
Q2 24
$43.1M
Q1 24
$51.2M
Total Debt
AVBC
AVBC
FENC
FENC
Q4 25
Q3 25
$19.4M
Q2 25
$19.4M
Q1 25
$19.4M
Q4 24
$19.3M
Q3 24
$32.1M
Q2 24
$31.8M
Q1 24
$31.3M
Stockholders' Equity
AVBC
AVBC
FENC
FENC
Q4 25
$379.0M
$35.5M
Q3 25
$372.0M
$-4.5M
Q2 25
$191.4M
$-7.5M
Q1 25
$186.1M
$-5.9M
Q4 24
$-5.9M
Q3 24
$-5.2M
Q2 24
$-1.4M
Q1 24
$3.0M
Total Assets
AVBC
AVBC
FENC
FENC
Q4 25
$2.8B
$70.6M
Q3 25
$2.8B
$49.3M
Q2 25
$3.0B
$44.9M
Q1 25
$2.7B
$46.4M
Q4 24
$44.9M
Q3 24
$58.9M
Q2 24
$63.2M
Q1 24
$69.2M
Debt / Equity
AVBC
AVBC
FENC
FENC
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
10.40×

Cash Flow & Capital Efficiency

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

Metric
AVBC
AVBC
FENC
FENC
Operating Cash FlowLast quarter
$28.4M
$-6.0M
Free Cash FlowOCF − Capex
$24.1M
FCF MarginFCF / Revenue
89.9%
Capex IntensityCapex / Revenue
16.0%
Cash ConversionOCF / Net Profit
5.32×
TTM Free Cash FlowTrailing 4 quarters
$40.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVBC
AVBC
FENC
FENC
Q4 25
$28.4M
$-6.0M
Q3 25
$24.1M
$1.5M
Q2 25
$-2.3M
$-3.7M
Q1 25
$-2.2M
$-4.3M
Q4 24
$-1.5M
Q3 24
$-2.2M
Q2 24
$-8.4M
Q1 24
$39.0M
Free Cash Flow
AVBC
AVBC
FENC
FENC
Q4 25
$24.1M
Q3 25
$23.3M
Q2 25
$-3.3M
Q1 25
$-3.9M
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
AVBC
AVBC
FENC
FENC
Q4 25
89.9%
Q3 25
83.2%
Q2 25
-12.8%
Q1 25
-16.9%
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
AVBC
AVBC
FENC
FENC
Q4 25
16.0%
Q3 25
3.1%
Q2 25
3.7%
Q1 25
7.2%
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
AVBC
AVBC
FENC
FENC
Q4 25
5.32×
Q3 25
Q2 25
-0.60×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
3.04×

Financial Flow Comparison

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

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