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Side-by-side financial comparison of ANAVEX LIFE SCIENCES CORP. (AVXL) and Laser Photonics Corp (LASE). Click either name above to swap in a different company.

ANAVEX LIFE SCIENCES CORP. is the larger business by last-quarter revenue ($1.1M vs $919.3K, roughly 1.2× Laser Photonics Corp). Laser Photonics Corp runs the higher net margin — -506.4% vs -526.5%, a 20.1% gap on every dollar of revenue. On growth, Laser Photonics Corp posted the faster year-over-year revenue change (28.3% vs -22.6%). Over the past eight quarters, Laser Photonics Corp's revenue compounded faster (-3.9% CAGR vs -21.6%).

Anavex Life Sciences Corp is a clinical-stage biopharmaceutical firm focused on developing novel small molecule therapeutics for neurodegenerative and neurodevelopmental disorders such as Alzheimer’s disease, Rett syndrome and Parkinson’s disease. It operates mainly across North America and European markets, targeting patients with high unmet medical needs.

IPG Photonics Corporation is a manufacturer of fiber lasers. IPG Photonics developed and commercialized optical fiber lasers, which are used in a variety of applications including materials processing, medical applications and telecommunications. IPG has manufacturing facilities in the United States, Germany, Russia and Italy.

AVXL vs LASE — Head-to-Head

Bigger by revenue
AVXL
AVXL
1.2× larger
AVXL
$1.1M
$919.3K
LASE
Growing faster (revenue YoY)
LASE
LASE
+50.9% gap
LASE
28.3%
-22.6%
AVXL
Higher net margin
LASE
LASE
20.1% more per $
LASE
-506.4%
-526.5%
AVXL
Faster 2-yr revenue CAGR
LASE
LASE
Annualised
LASE
-3.9%
-21.6%
AVXL

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
AVXL
AVXL
LASE
LASE
Revenue
$1.1M
$919.3K
Net Profit
$-5.7M
$-4.7M
Gross Margin
-20.1%
Operating Margin
-628.5%
-350.0%
Net Margin
-526.5%
-506.4%
Revenue YoY
-22.6%
28.3%
Net Profit YoY
53.1%
-186.5%
EPS (diluted)
$-0.06
$-0.27

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
AVXL
AVXL
LASE
LASE
Q4 25
$1.1M
Q3 25
$999.0K
$919.3K
Q2 25
$1.1M
$2.6M
Q1 25
$1.2M
$2.3M
Q4 24
$1.4M
$1.3M
Q3 24
$1.8M
$716.7K
Q2 24
$1.8M
$623.4K
Q1 24
$1.8M
$743.0K
Net Profit
AVXL
AVXL
LASE
LASE
Q4 25
$-5.7M
Q3 25
$-9.8M
$-4.7M
Q2 25
$-13.2M
$-1.8M
Q1 25
$-11.2M
$-1.7M
Q4 24
$-12.1M
$586.4K
Q3 24
$-11.6M
$-1.6M
Q2 24
$-12.2M
$-934.3K
Q1 24
$-10.5M
$-545.7K
Gross Margin
AVXL
AVXL
LASE
LASE
Q4 25
Q3 25
-20.1%
Q2 25
53.5%
Q1 25
49.8%
Q4 24
13.3%
Q3 24
85.0%
Q2 24
50.6%
Q1 24
51.9%
Operating Margin
AVXL
AVXL
LASE
LASE
Q4 25
-628.5%
Q3 25
-1085.5%
-350.0%
Q2 25
-1345.0%
-37.0%
Q1 25
-1034.1%
-68.7%
Q4 24
-975.0%
-255.1%
Q3 24
-810.9%
-238.0%
Q2 24
-813.1%
-149.4%
Q1 24
-718.9%
-73.8%
Net Margin
AVXL
AVXL
LASE
LASE
Q4 25
-526.5%
Q3 25
-983.7%
-506.4%
Q2 25
-1231.9%
-68.3%
Q1 25
-925.3%
-73.4%
Q4 24
-868.8%
45.7%
Q3 24
-660.2%
-226.8%
Q2 24
-680.1%
-149.9%
Q1 24
-600.6%
-73.4%
EPS (diluted)
AVXL
AVXL
LASE
LASE
Q4 25
$-0.06
Q3 25
$-0.11
$-0.27
Q2 25
$-0.16
$-0.12
Q1 25
$-0.13
$-0.12
Q4 24
$-0.14
$0.06
Q3 24
$-0.14
$-0.13
Q2 24
$-0.14
$-0.09
Q1 24
$-0.13
$-0.06

Balance Sheet & Financial Strength

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

Metric
AVXL
AVXL
LASE
LASE
Cash + ST InvestmentsLiquidity on hand
$131.7M
$3.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$126.6M
$4.1M
Total Assets
$133.0M
$17.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVXL
AVXL
LASE
LASE
Q4 25
$131.7M
Q3 25
$102.6M
$3.6M
Q2 25
$101.2M
$78.5K
Q1 25
$115.8M
$179.1K
Q4 24
$120.8M
$533.9K
Q3 24
$132.2M
$2.1M
Q2 24
$138.8M
$2.7M
Q1 24
$139.4M
$5.2M
Stockholders' Equity
AVXL
AVXL
LASE
LASE
Q4 25
$126.6M
Q3 25
$94.9M
$4.1M
Q2 25
$91.0M
$4.3M
Q1 25
$99.8M
$6.8M
Q4 24
$110.9M
$10.2M
Q3 24
$120.3M
$9.7M
Q2 24
$129.8M
$10.3M
Q1 24
$135.0M
$12.4M
Total Assets
AVXL
AVXL
LASE
LASE
Q4 25
$133.0M
Q3 25
$103.8M
$17.5M
Q2 25
$102.4M
$14.9M
Q1 25
$117.1M
$16.0M
Q4 24
$124.0M
$17.2M
Q3 24
$135.6M
$10.6M
Q2 24
$141.5M
$11.1M
Q1 24
$144.5M
$13.6M

Cash Flow & Capital Efficiency

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

Metric
AVXL
AVXL
LASE
LASE
Operating Cash FlowLast quarter
$-7.2M
$763.1K
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVXL
AVXL
LASE
LASE
Q4 25
$-7.2M
Q3 25
$-8.6M
$763.1K
Q2 25
$-12.5M
$-1.0M
Q1 25
$-5.9M
$-1.2M
Q4 24
$-12.1M
$-6.5M
Q3 24
$-6.7M
$632.7K
Q2 24
$-5.2M
$-2.4M
Q1 24
$-11.7M
$-866.3K
Free Cash Flow
AVXL
AVXL
LASE
LASE
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$589.6K
Q2 24
$-2.4M
Q1 24
$-1.0M
FCF Margin
AVXL
AVXL
LASE
LASE
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
82.3%
Q2 24
-388.0%
Q1 24
-136.9%
Capex Intensity
AVXL
AVXL
LASE
LASE
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
6.0%
Q2 24
5.1%
Q1 24
20.3%
Cash Conversion
AVXL
AVXL
LASE
LASE
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
-11.11×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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