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Side-by-side financial comparison of AWARE INC (AWRE) and INVO Fertility, Inc. (IVF). Click either name above to swap in a different company.

AWARE INC is the larger business by last-quarter revenue ($3.4M vs $1.8M, roughly 1.9× INVO Fertility, Inc.). On growth, INVO Fertility, Inc. posted the faster year-over-year revenue change (22.6% vs -6.2%). Over the past eight quarters, INVO Fertility, Inc.'s revenue compounded faster (12.8% CAGR vs -11.5%).

AWARE Inc. is a technology firm specializing in biometric software and identity verification solutions. It develops fingerprint, facial, and iris recognition tools, serving government agencies, financial institutions, and enterprise clients primarily across North America and global regulated markets.

INVO Fertility, Inc. is a specialized healthcare company focused on delivering accessible assisted reproductive technology solutions. It develops, manufactures and markets the patented INVOcell intravaginal culture system for in vitro fertilization procedures, serving fertility clinics and patients across North America, Europe and other global regions, with a mission to reduce barriers to high-quality fertility care.

AWRE vs IVF — Head-to-Head

Bigger by revenue
AWRE
AWRE
1.9× larger
AWRE
$3.4M
$1.8M
IVF
Growing faster (revenue YoY)
IVF
IVF
+28.8% gap
IVF
22.6%
-6.2%
AWRE
Faster 2-yr revenue CAGR
IVF
IVF
Annualised
IVF
12.8%
-11.5%
AWRE

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
AWRE
AWRE
IVF
IVF
Revenue
$3.4M
$1.8M
Net Profit
$-2.6M
Gross Margin
90.1%
Operating Margin
-107.8%
-93.1%
Net Margin
-150.5%
Revenue YoY
-6.2%
22.6%
Net Profit YoY
-62.2%
EPS (diluted)
$-0.77

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
AWRE
AWRE
IVF
IVF
Q1 26
$3.4M
Q4 25
$4.7M
Q3 25
$5.1M
$1.8M
Q2 25
$3.9M
$1.9M
Q1 25
$3.6M
$1.6M
Q4 24
$4.8M
$1.7M
Q3 24
$3.8M
$1.4M
Q2 24
$4.3M
$1.8M
Net Profit
AWRE
AWRE
IVF
IVF
Q1 26
Q4 25
$-1.5M
Q3 25
$-1.1M
$-2.6M
Q2 25
$-1.8M
$-5.3M
Q1 25
$-1.6M
$-17.4M
Q4 24
$-1.2M
$-3.6M
Q3 24
$-1.2M
$-1.6M
Q2 24
$-1.1M
$-2.2M
Gross Margin
AWRE
AWRE
IVF
IVF
Q1 26
90.1%
Q4 25
94.7%
Q3 25
90.4%
Q2 25
91.3%
Q1 25
93.2%
35.2%
Q4 24
99.6%
41.4%
Q3 24
93.0%
31.0%
Q2 24
93.8%
53.1%
Operating Margin
AWRE
AWRE
IVF
IVF
Q1 26
-107.8%
Q4 25
-31.1%
Q3 25
-25.2%
-93.1%
Q2 25
-50.3%
-160.4%
Q1 25
-51.3%
-1042.1%
Q4 24
-30.7%
-202.0%
Q3 24
-38.1%
-90.7%
Q2 24
-31.0%
-100.9%
Net Margin
AWRE
AWRE
IVF
IVF
Q1 26
Q4 25
-31.2%
Q3 25
-20.5%
-150.5%
Q2 25
-45.4%
-283.6%
Q1 25
-44.3%
-1060.1%
Q4 24
-24.8%
-211.3%
Q3 24
-30.3%
-113.8%
Q2 24
-25.2%
-122.2%
EPS (diluted)
AWRE
AWRE
IVF
IVF
Q1 26
Q4 25
$-0.07
Q3 25
$-0.05
$-0.77
Q2 25
$-0.08
$-13.30
Q1 25
$-0.08
$-12.53
Q4 24
$-0.05
$14.86
Q3 24
$-0.06
$-15.11
Q2 24
$-0.05
$-22.39

Balance Sheet & Financial Strength

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

Metric
AWRE
AWRE
IVF
IVF
Cash + ST InvestmentsLiquidity on hand
$4.6M
Total DebtLower is stronger
$2.0M
Stockholders' EquityBook value
$5.8M
Total Assets
$33.2M
$18.8M
Debt / EquityLower = less leverage
0.34×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AWRE
AWRE
IVF
IVF
Q1 26
$4.6M
Q4 25
$7.3M
Q3 25
$6.3M
Q2 25
$7.3M
Q1 25
$8.5M
Q4 24
$13.0M
Q3 24
$11.2M
Q2 24
$11.5M
Total Debt
AWRE
AWRE
IVF
IVF
Q1 26
Q4 25
Q3 25
$2.0M
Q2 25
$4.8M
Q1 25
Q4 24
$7.5M
Q3 24
Q2 24
Stockholders' Equity
AWRE
AWRE
IVF
IVF
Q1 26
Q4 25
$26.1M
Q3 25
$27.2M
$5.8M
Q2 25
$28.1M
$2.6M
Q1 25
$29.5M
$3.3M
Q4 24
$30.9M
$12.7M
Q3 24
$31.9M
$-23.3K
Q2 24
$32.6M
$1.4M
Total Assets
AWRE
AWRE
IVF
IVF
Q1 26
$33.2M
Q4 25
$37.2M
Q3 25
$40.3M
$18.8M
Q2 25
$38.1M
$19.3M
Q1 25
$39.9M
$31.7M
Q4 24
$42.6M
$46.4M
Q3 24
$43.7M
$17.0M
Q2 24
$43.2M
$17.8M
Debt / Equity
AWRE
AWRE
IVF
IVF
Q1 26
Q4 25
Q3 25
0.34×
Q2 25
1.83×
Q1 25
Q4 24
0.59×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
AWRE
AWRE
IVF
IVF
Operating Cash FlowLast quarter
$-1.8M
Free Cash FlowOCF − Capex
$-1.8M
FCF MarginFCF / Revenue
-101.6%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-7.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AWRE
AWRE
IVF
IVF
Q1 26
Q4 25
$1.0M
Q3 25
$-2.4M
$-1.8M
Q2 25
$-1.2M
$-1.7M
Q1 25
$-2.9M
$-3.5M
Q4 24
$683.0K
$-617.4K
Q3 24
$-765.0K
$-640.8K
Q2 24
$-668.0K
$-1.5M
Free Cash Flow
AWRE
AWRE
IVF
IVF
Q1 26
Q4 25
$926.0K
Q3 25
$-1.8M
Q2 25
$-1.7M
Q1 25
$-3.0M
$-3.6M
Q4 24
$-696.3K
Q3 24
Q2 24
$-1.5M
FCF Margin
AWRE
AWRE
IVF
IVF
Q1 26
Q4 25
19.9%
Q3 25
-101.6%
Q2 25
-92.6%
Q1 25
-82.7%
-216.9%
Q4 24
-40.6%
Q3 24
Q2 24
-82.3%
Capex Intensity
AWRE
AWRE
IVF
IVF
Q1 26
Q4 25
2.6%
Q3 25
0.0%
0.5%
Q2 25
0.0%
0.5%
Q1 25
1.2%
0.9%
Q4 24
4.6%
Q3 24
0.0%
0.0%
Q2 24
3.0%

Financial Flow Comparison

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

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