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Side-by-side financial comparison of Anteris Technologies Global Corp. (AVR) and MICROVISION, INC. (MVIS). Click either name above to swap in a different company.

Anteris Technologies Global Corp. is the larger business by last-quarter revenue ($310.0K vs $223.0K, roughly 1.4× MICROVISION, INC.). Anteris Technologies Global Corp. produced more free cash flow last quarter ($-18.9M vs $-59.4M).

Anteris Technologies Global Corp is a medical technology firm specializing in innovative structural heart care solutions. It develops and commercializes bioprosthetic heart valves and transcatheter intervention products, serving healthcare providers across North America, Europe, and Asia-Pacific, with core focus on cardiac surgery and interventional cardiology segments.

MicroVision Inc. is a technology company specializing in advanced LiDAR sensors, miniature display solutions, and perception software. Its core products serve automotive ADAS, augmented reality devices, consumer electronics, and industrial automation markets, delivering high-precision, low-power sensing technologies for next-generation smart applications.

AVR vs MVIS — Head-to-Head

Bigger by revenue
AVR
AVR
1.4× larger
AVR
$310.0K
$223.0K
MVIS
More free cash flow
AVR
AVR
$40.5M more FCF
AVR
$-18.9M
$-59.4M
MVIS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AVR
AVR
MVIS
MVIS
Revenue
$310.0K
$223.0K
Net Profit
$-29.2M
Gross Margin
70.6%
Operating Margin
-9343.5%
Net Margin
-9420.0%
Revenue YoY
-86.5%
Net Profit YoY
-21.2%
EPS (diluted)
$-0.74

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
AVR
AVR
MVIS
MVIS
Q4 25
$310.0K
$223.0K
Q3 25
$429.0K
$241.0K
Q2 25
$618.0K
$155.0K
Q1 25
$556.0K
$589.0K
Q4 24
$1.6M
Q3 24
$190.0K
Q2 24
$1.9M
Q1 24
$956.0K
Net Profit
AVR
AVR
MVIS
MVIS
Q4 25
$-29.2M
Q3 25
$-22.2M
$-14.2M
Q2 25
$-20.8M
$-14.2M
Q1 25
$-21.9M
$-28.8M
Q4 24
$-31.2M
Q3 24
$-15.5M
Q2 24
$-23.9M
Q1 24
$-26.3M
Gross Margin
AVR
AVR
MVIS
MVIS
Q4 25
70.6%
Q3 25
71.3%
Q2 25
76.1%
Q1 25
62.8%
6.6%
Q4 24
-149.5%
Q3 24
Q2 24
18.2%
Q1 24
-33.6%
Operating Margin
AVR
AVR
MVIS
MVIS
Q4 25
-9343.5%
Q3 25
-5190.0%
-5278.4%
Q2 25
-3379.3%
-9455.5%
Q1 25
-3917.3%
-2383.7%
Q4 24
-1119.5%
Q3 24
-8266.3%
Q2 24
-1296.4%
Q1 24
-2793.9%
Net Margin
AVR
AVR
MVIS
MVIS
Q4 25
-9420.0%
Q3 25
-5185.1%
-5899.2%
Q2 25
-3371.2%
-9180.0%
Q1 25
-3932.4%
-4886.1%
Q4 24
-1888.2%
Q3 24
-8166.8%
Q2 24
-1259.5%
Q1 24
-2752.4%
EPS (diluted)
AVR
AVR
MVIS
MVIS
Q4 25
$-0.74
Q3 25
$-0.62
$-0.05
Q2 25
$-0.58
$-0.06
Q1 25
$-0.61
$-0.12
Q4 24
$-0.15
Q3 24
$-0.07
Q2 24
$-0.11
Q1 24
$-0.13

Balance Sheet & Financial Strength

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

Metric
AVR
AVR
MVIS
MVIS
Cash + ST InvestmentsLiquidity on hand
$74.9M
Total DebtLower is stronger
$22.0K
$19.2M
Stockholders' EquityBook value
$-93.0K
$55.5M
Total Assets
$23.0M
$103.1M
Debt / EquityLower = less leverage
0.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVR
AVR
MVIS
MVIS
Q4 25
$74.9M
Q3 25
$99.5M
Q2 25
$91.4M
Q1 25
$49.0M
$69.0M
Q4 24
$74.7M
Q3 24
$43.2M
Q2 24
$56.6M
Q1 24
$73.1M
Total Debt
AVR
AVR
MVIS
MVIS
Q4 25
$22.0K
$19.2M
Q3 25
$26.0K
$29.0M
Q2 25
$30.0K
$32.3M
Q1 25
$30.0K
$30.1M
Q4 24
$33.0M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
AVR
AVR
MVIS
MVIS
Q4 25
$-93.0K
$55.5M
Q3 25
$3.7M
$90.7M
Q2 25
$24.4M
$77.1M
Q1 25
$43.3M
$53.2M
Q4 24
$48.8M
Q3 24
$65.9M
Q2 24
$78.7M
Q1 24
$93.8M
Total Assets
AVR
AVR
MVIS
MVIS
Q4 25
$23.0M
$103.1M
Q3 25
$19.1M
$150.8M
Q2 25
$39.9M
$140.6M
Q1 25
$58.8M
$116.7M
Q4 24
$121.2M
Q3 24
$88.3M
Q2 24
$103.4M
Q1 24
$124.2M
Debt / Equity
AVR
AVR
MVIS
MVIS
Q4 25
0.35×
Q3 25
0.01×
0.32×
Q2 25
0.00×
0.42×
Q1 25
0.00×
0.57×
Q4 24
0.68×
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
AVR
AVR
MVIS
MVIS
Operating Cash FlowLast quarter
$-18.5M
$-58.7M
Free Cash FlowOCF − Capex
$-18.9M
$-59.4M
FCF MarginFCF / Revenue
-6104.5%
-26636.3%
Capex IntensityCapex / Revenue
128.1%
304.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-79.8M
$-103.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVR
AVR
MVIS
MVIS
Q4 25
$-18.5M
$-58.7M
Q3 25
$-18.3M
$-16.5M
Q2 25
$-19.5M
$-12.7M
Q1 25
$-21.5M
$-14.1M
Q4 24
$-15.1M
Q3 24
$-14.1M
Q2 24
$-18.6M
Q1 24
$-20.8M
Free Cash Flow
AVR
AVR
MVIS
MVIS
Q4 25
$-18.9M
$-59.4M
Q3 25
$-19.0M
$-16.6M
Q2 25
$-20.1M
$-12.9M
Q1 25
$-21.7M
$-14.2M
Q4 24
$-15.2M
Q3 24
$-14.1M
Q2 24
$-18.8M
Q1 24
$-20.9M
FCF Margin
AVR
AVR
MVIS
MVIS
Q4 25
-6104.5%
-26636.3%
Q3 25
-4434.5%
-6894.6%
Q2 25
-3247.9%
-8346.5%
Q1 25
-3909.5%
-2410.4%
Q4 24
-918.7%
Q3 24
-7421.1%
Q2 24
-989.5%
Q1 24
-2183.4%
Capex Intensity
AVR
AVR
MVIS
MVIS
Q4 25
128.1%
304.5%
Q3 25
180.0%
53.1%
Q2 25
86.9%
134.2%
Q1 25
44.6%
16.8%
Q4 24
6.2%
Q3 24
4.7%
Q2 24
8.7%
Q1 24
11.9%

Financial Flow Comparison

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

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