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Side-by-side financial comparison of AVAX ONE TECHNOLOGY LTD. (AVX) and FATE THERAPEUTICS INC (FATE). Click either name above to swap in a different company.

FATE THERAPEUTICS INC is the larger business by last-quarter revenue ($1.4M vs $1.0M, roughly 1.3× AVAX ONE TECHNOLOGY LTD.).

Insys Therapeutics was an American specialty pharmaceutical company based in Chandler, Arizona in 1990. Its main product was Subsys, a sublingual liquid form of the drug fentanyl. Fentanyl is an extremely fast-acting and powerful opioid used to relieve breakthrough pain in cancer patients, and prescription of fentanyl in the US for such pain usually requires documented failure of more conservative therapies.

AVX vs FATE — Head-to-Head

Bigger by revenue
FATE
FATE
1.3× larger
FATE
$1.4M
$1.0M
AVX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AVX
AVX
FATE
FATE
Revenue
$1.0M
$1.4M
Net Profit
$-16.6M
Gross Margin
Operating Margin
-1522.1%
Net Margin
-1633.6%
Revenue YoY
-26.4%
Net Profit YoY
-480.2%
37.9%
EPS (diluted)
$32.17

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
AVX
AVX
FATE
FATE
Q4 25
$1.0M
$1.4M
Q3 25
$525.9K
$1.7M
Q2 25
$452.0K
$1.9M
Q1 25
$344.4K
$1.6M
Q4 24
$1.9M
Q3 24
$0
$3.1M
Q2 24
$41.3K
$6.8M
Q1 24
$1.9M
Net Profit
AVX
AVX
FATE
FATE
Q4 25
$-16.6M
Q3 25
$-8.4M
$-32.3M
Q2 25
$-8.1M
$-34.1M
Q1 25
$-145.5K
$-37.6M
Q4 24
Q3 24
$-5.8M
$-47.7M
Q2 24
$-4.2M
$-38.4M
Q1 24
$-48.0M
Gross Margin
AVX
AVX
FATE
FATE
Q4 25
Q3 25
Q2 25
Q1 25
22.9%
Q4 24
Q3 24
Q2 24
18.4%
Q1 24
Operating Margin
AVX
AVX
FATE
FATE
Q4 25
-1522.1%
Q3 25
-496.6%
-1995.1%
Q2 25
-328.4%
-1938.5%
Q1 25
-600.0%
-2534.1%
Q4 24
Q3 24
-1703.9%
Q2 24
-2827.7%
-665.7%
Q1 24
-2652.9%
Net Margin
AVX
AVX
FATE
FATE
Q4 25
-1633.6%
Q3 25
-1588.0%
-1852.4%
Q2 25
-1783.4%
-1786.6%
Q1 25
-42.2%
-2309.5%
Q4 24
Q3 24
-1551.0%
Q2 24
-10243.5%
-567.4%
Q1 24
-2493.7%
EPS (diluted)
AVX
AVX
FATE
FATE
Q4 25
$32.17
Q3 25
$-5.55
$-0.27
Q2 25
$-27.60
$-0.29
Q1 25
$-1.17
$-0.32
Q4 24
Q3 24
$-57.19
$-0.40
Q2 24
$-83.03
$-0.33
Q1 24
$-0.47

Balance Sheet & Financial Strength

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

Metric
AVX
AVX
FATE
FATE
Cash + ST InvestmentsLiquidity on hand
$22.1M
$203.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$187.0M
$207.2M
Total Assets
$195.0M
$318.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVX
AVX
FATE
FATE
Q4 25
$22.1M
$203.7M
Q3 25
$894.7K
$215.4M
Q2 25
$185.3K
$222.8M
Q1 25
$1.4M
$240.4M
Q4 24
$279.1M
Q3 24
$296.9M
Q2 24
$304.9M
Q1 24
$121.3M
Total Debt
AVX
AVX
FATE
FATE
Q4 25
Q3 25
$1.8M
Q2 25
$8.6M
Q1 25
$10.2M
Q4 24
Q3 24
$2.2M
Q2 24
$3.1M
Q1 24
Stockholders' Equity
AVX
AVX
FATE
FATE
Q4 25
$187.0M
$207.2M
Q3 25
$12.2M
$234.1M
Q2 25
$4.1M
$261.4M
Q1 25
$6.4M
$288.4M
Q4 24
$318.7M
Q3 24
$6.7M
$362.3M
Q2 24
$11.3M
$397.0M
Q1 24
$426.1M
Total Assets
AVX
AVX
FATE
FATE
Q4 25
$195.0M
$318.9M
Q3 25
$16.5M
$343.7M
Q2 25
$15.2M
$371.6M
Q1 25
$16.8M
$398.7M
Q4 24
$440.7M
Q3 24
$10.8M
$495.0M
Q2 24
$15.7M
$528.8M
Q1 24
$569.9M
Debt / Equity
AVX
AVX
FATE
FATE
Q4 25
Q3 25
0.15×
Q2 25
2.11×
Q1 25
1.59×
Q4 24
Q3 24
0.33×
Q2 24
0.28×
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
AVX
AVX
FATE
FATE
Operating Cash FlowLast quarter
$-14.4M
$-106.1M
Free Cash FlowOCF − Capex
$-112.0M
FCF MarginFCF / Revenue
-8183.9%
Capex IntensityCapex / Revenue
434.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-199.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVX
AVX
FATE
FATE
Q4 25
$-14.4M
$-106.1M
Q3 25
$-2.4M
$-24.4M
Q2 25
$-884.1K
$-24.6M
Q1 25
$-2.2M
$-33.8M
Q4 24
$-122.9M
Q3 24
$-1.2M
$-29.4M
Q2 24
$-919.2K
$-32.3M
Q1 24
$-33.4M
Free Cash Flow
AVX
AVX
FATE
FATE
Q4 25
$-112.0M
Q3 25
$-26.6M
Q2 25
$-25.9M
Q1 25
$-35.0M
Q4 24
$-123.6M
Q3 24
$-29.9M
Q2 24
$-32.4M
Q1 24
$-33.4M
FCF Margin
AVX
AVX
FATE
FATE
Q4 25
-8183.9%
Q3 25
-1526.5%
Q2 25
-1360.7%
Q1 25
-2148.9%
Q4 24
-6645.4%
Q3 24
-973.1%
Q2 24
-477.8%
Q1 24
-1736.9%
Capex Intensity
AVX
AVX
FATE
FATE
Q4 25
434.8%
Q3 25
126.5%
Q2 25
71.4%
Q1 25
73.4%
Q4 24
39.2%
Q3 24
16.1%
Q2 24
0.8%
Q1 24
4.5%

Financial Flow Comparison

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

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