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Side-by-side financial comparison of ANAVEX LIFE SCIENCES CORP. (AVXL) and WRAP TECHNOLOGIES, INC. (WRAP). Click either name above to swap in a different company.

WRAP TECHNOLOGIES, INC. is the larger business by last-quarter revenue ($1.4M vs $1.1M, roughly 1.3× ANAVEX LIFE SCIENCES CORP.). WRAP TECHNOLOGIES, INC. runs the higher net margin — -280.9% vs -526.5%, a 245.6% gap on every dollar of revenue. On growth, WRAP TECHNOLOGIES, INC. posted the faster year-over-year revenue change (62.3% vs -22.6%). Over the past eight quarters, WRAP TECHNOLOGIES, INC.'s revenue compounded faster (-2.5% 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.

Wrap Technologies, Inc. develops non-lethal safety solutions for law enforcement, corrections, and private security sectors across North America and global markets. Its core products include remote restraint devices and training services designed to reduce use-of-force injuries and improve public safety outcomes.

AVXL vs WRAP — Head-to-Head

Bigger by revenue
WRAP
WRAP
1.3× larger
WRAP
$1.4M
$1.1M
AVXL
Growing faster (revenue YoY)
WRAP
WRAP
+84.9% gap
WRAP
62.3%
-22.6%
AVXL
Higher net margin
WRAP
WRAP
245.6% more per $
WRAP
-280.9%
-526.5%
AVXL
Faster 2-yr revenue CAGR
WRAP
WRAP
Annualised
WRAP
-2.5%
-21.6%
AVXL

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
AVXL
AVXL
WRAP
WRAP
Revenue
$1.1M
$1.4M
Net Profit
$-5.7M
$-3.9M
Gross Margin
52.3%
Operating Margin
-628.5%
-281.1%
Net Margin
-526.5%
-280.9%
Revenue YoY
-22.6%
62.3%
Net Profit YoY
53.1%
48.1%
EPS (diluted)
$-0.06

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
WRAP
WRAP
Q4 25
$1.1M
$1.4M
Q3 25
$999.0K
$1.5M
Q2 25
$1.1M
$1.0M
Q1 25
$1.2M
$765.0K
Q4 24
$1.4M
$865.0K
Q3 24
$1.8M
$593.0K
Q2 24
$1.8M
$1.6M
Q1 24
$1.8M
$1.5M
Net Profit
AVXL
AVXL
WRAP
WRAP
Q4 25
$-5.7M
$-3.9M
Q3 25
$-9.8M
$-2.8M
Q2 25
$-13.2M
$-3.7M
Q1 25
$-11.2M
$109.0K
Q4 24
$-12.1M
$-7.6M
Q3 24
$-11.6M
$2.0M
Q2 24
$-12.2M
$-385.0K
Q1 24
$-10.5M
$117.0K
Gross Margin
AVXL
AVXL
WRAP
WRAP
Q4 25
52.3%
Q3 25
59.2%
Q2 25
48.1%
Q1 25
77.8%
Q4 24
47.4%
Q3 24
39.6%
Q2 24
62.6%
Q1 24
56.6%
Operating Margin
AVXL
AVXL
WRAP
WRAP
Q4 25
-628.5%
-281.1%
Q3 25
-1085.5%
-185.2%
Q2 25
-1345.0%
-282.2%
Q1 25
-1034.1%
-512.7%
Q4 24
-975.0%
-535.5%
Q3 24
-810.9%
-611.5%
Q2 24
-813.1%
-201.5%
Q1 24
-718.9%
-280.4%
Net Margin
AVXL
AVXL
WRAP
WRAP
Q4 25
-526.5%
-280.9%
Q3 25
-983.7%
-186.0%
Q2 25
-1231.9%
-368.3%
Q1 25
-925.3%
14.2%
Q4 24
-868.8%
-878.3%
Q3 24
-660.2%
335.6%
Q2 24
-680.1%
-24.5%
Q1 24
-600.6%
7.9%
EPS (diluted)
AVXL
AVXL
WRAP
WRAP
Q4 25
$-0.06
Q3 25
$-0.11
$-0.06
Q2 25
$-0.16
$-0.07
Q1 25
$-0.13
Q4 24
$-0.14
Q3 24
$-0.14
$0.04
Q2 24
$-0.14
$-0.02
Q1 24
$-0.13

Balance Sheet & Financial Strength

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

Metric
AVXL
AVXL
WRAP
WRAP
Cash + ST InvestmentsLiquidity on hand
$131.7M
$3.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$126.6M
$11.5M
Total Assets
$133.0M
$15.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVXL
AVXL
WRAP
WRAP
Q4 25
$131.7M
$3.5M
Q3 25
$102.6M
$6.0M
Q2 25
$101.2M
$4.2M
Q1 25
$115.8M
$6.2M
Q4 24
$120.8M
$3.6M
Q3 24
$132.2M
$4.9M
Q2 24
$138.8M
$4.6M
Q1 24
$139.4M
$8.2M
Stockholders' Equity
AVXL
AVXL
WRAP
WRAP
Q4 25
$126.6M
$11.5M
Q3 25
$94.9M
$14.1M
Q2 25
$91.0M
$11.8M
Q1 25
$99.8M
$2.6M
Q4 24
$110.9M
$250.0K
Q3 24
$120.3M
$6.4M
Q2 24
$129.8M
$3.8M
Q1 24
$135.0M
$4.5M
Total Assets
AVXL
AVXL
WRAP
WRAP
Q4 25
$133.0M
$15.4M
Q3 25
$103.8M
$18.2M
Q2 25
$102.4M
$15.6M
Q1 25
$117.1M
$18.0M
Q4 24
$124.0M
$15.1M
Q3 24
$135.6M
$18.8M
Q2 24
$141.5M
$21.8M
Q1 24
$144.5M
$24.8M

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
WRAP
WRAP
Operating Cash FlowLast quarter
$-7.2M
$-2.7M
Free Cash FlowOCF − Capex
$-2.7M
FCF MarginFCF / Revenue
-190.3%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-10.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVXL
AVXL
WRAP
WRAP
Q4 25
$-7.2M
$-2.7M
Q3 25
$-8.6M
$-2.6M
Q2 25
$-12.5M
$-1.9M
Q1 25
$-5.9M
$-3.1M
Q4 24
$-12.1M
$-1.2M
Q3 24
$-6.7M
$330.0K
Q2 24
$-5.2M
$-3.5M
Q1 24
$-11.7M
$-3.7M
Free Cash Flow
AVXL
AVXL
WRAP
WRAP
Q4 25
$-2.7M
Q3 25
$-2.7M
Q2 25
$-1.9M
Q1 25
$-3.1M
Q4 24
$-1.2M
Q3 24
Q2 24
$-3.5M
Q1 24
$-3.7M
FCF Margin
AVXL
AVXL
WRAP
WRAP
Q4 25
-190.3%
Q3 25
-181.1%
Q2 25
-192.3%
Q1 25
-401.4%
Q4 24
-139.5%
Q3 24
Q2 24
-224.2%
Q1 24
-253.3%
Capex Intensity
AVXL
AVXL
WRAP
WRAP
Q4 25
0.5%
Q3 25
5.7%
Q2 25
0.6%
Q1 25
0.3%
Q4 24
0.1%
Q3 24
0.0%
Q2 24
0.1%
Q1 24
0.9%
Cash Conversion
AVXL
AVXL
WRAP
WRAP
Q4 25
Q3 25
Q2 25
Q1 25
-28.16×
Q4 24
Q3 24
0.17×
Q2 24
Q1 24
-31.83×

Financial Flow Comparison

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

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