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Side-by-side financial comparison of BIOHARVEST SCIENCES INC. (BHST) and Finward Bancorp (FNWD). Click either name above to swap in a different company.

Finward Bancorp is the larger business by last-quarter revenue ($16.5M vs $8.4M, roughly 2.0× BIOHARVEST SCIENCES INC.).

BioHarvest Sciences Inc. is a biotechnology firm that develops and produces sustainable, high-purity plant-derived bioactive ingredients. It serves the nutraceutical, cosmetics, and pharmaceutical sectors, leveraging proprietary cell cultivation technology to create efficacious natural products without large-scale agricultural farming.

Finward Bancorp is a U.S.-headquartered regional bank holding company. It offers a full range of retail and commercial banking products and services, including deposit accounts, personal and mortgage loans, small business financing, and wealth management solutions, primarily serving individual customers and small to mid-sized enterprises in its local operating regions.

BHST vs FNWD — Head-to-Head

Bigger by revenue
FNWD
FNWD
2.0× larger
FNWD
$16.5M
$8.4M
BHST

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
BHST
BHST
FNWD
FNWD
Revenue
$8.4M
$16.5M
Net Profit
$2.0M
Gross Margin
60.3%
Operating Margin
11.0%
Net Margin
12.0%
Revenue YoY
1.1%
Net Profit YoY
-5.6%
EPS (diluted)
$0.46

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
BHST
BHST
FNWD
FNWD
Q4 25
$16.5M
Q3 25
$8.4M
$17.4M
Q2 25
$8.1M
$16.6M
Q1 25
$7.7M
$15.5M
Q4 24
$16.3M
Q3 24
$6.5M
$14.9M
Q2 24
$6.0M
$14.6M
Q1 24
$25.3M
Net Profit
BHST
BHST
FNWD
FNWD
Q4 25
$2.0M
Q3 25
$3.5M
Q2 25
$2.2M
Q1 25
$455.0K
Q4 24
$2.1M
Q3 24
$606.0K
Q2 24
$143.0K
Q1 24
$9.3M
Gross Margin
BHST
BHST
FNWD
FNWD
Q4 25
Q3 25
60.3%
Q2 25
60.0%
Q1 25
58.2%
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
BHST
BHST
FNWD
FNWD
Q4 25
11.0%
Q3 25
20.5%
Q2 25
12.7%
Q1 25
4.0%
Q4 24
16.3%
Q3 24
2.7%
Q2 24
0.9%
Q1 24
40.6%
Net Margin
BHST
BHST
FNWD
FNWD
Q4 25
12.0%
Q3 25
20.1%
Q2 25
12.9%
Q1 25
2.9%
Q4 24
12.9%
Q3 24
4.1%
Q2 24
1.0%
Q1 24
36.7%
EPS (diluted)
BHST
BHST
FNWD
FNWD
Q4 25
$0.46
Q3 25
$0.81
Q2 25
$0.50
Q1 25
$0.11
Q4 24
$0.50
Q3 24
$0.14
Q2 24
$0.03
Q1 24
$2.17

Balance Sheet & Financial Strength

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

Metric
BHST
BHST
FNWD
FNWD
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
Stockholders' EquityBook value
$174.7M
Total Assets
$2.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Stockholders' Equity
BHST
BHST
FNWD
FNWD
Q4 25
$174.7M
Q3 25
$165.5M
Q2 25
$154.3M
Q1 25
$151.8M
Q4 24
$151.4M
Q3 24
$159.6M
Q2 24
$148.6M
Q1 24
$151.6M
Total Assets
BHST
BHST
FNWD
FNWD
Q4 25
$2.0B
Q3 25
$2.1B
Q2 25
$2.1B
Q1 25
$2.0B
Q4 24
$2.1B
Q3 24
$2.1B
Q2 24
$2.1B
Q1 24
$2.1B

Cash Flow & Capital Efficiency

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

Metric
BHST
BHST
FNWD
FNWD
Operating Cash FlowLast quarter
$9.9M
Free Cash FlowOCF − Capex
$9.0M
FCF MarginFCF / Revenue
54.8%
Capex IntensityCapex / Revenue
5.2%
Cash ConversionOCF / Net Profit
4.99×
TTM Free Cash FlowTrailing 4 quarters
$10.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BHST
BHST
FNWD
FNWD
Q4 25
$9.9M
Q3 25
$1.2M
Q2 25
$4.8M
Q1 25
$-3.8M
Q4 24
$9.8M
Q3 24
$-3.7M
Q2 24
$2.8M
Q1 24
$-25.0K
Free Cash Flow
BHST
BHST
FNWD
FNWD
Q4 25
$9.0M
Q3 25
$1.0M
Q2 25
$4.5M
Q1 25
$-4.0M
Q4 24
$6.7M
Q3 24
$-4.2M
Q2 24
$1.1M
Q1 24
$-736.0K
FCF Margin
BHST
BHST
FNWD
FNWD
Q4 25
54.8%
Q3 25
6.0%
Q2 25
27.0%
Q1 25
-25.7%
Q4 24
41.2%
Q3 24
-28.5%
Q2 24
7.6%
Q1 24
-2.9%
Capex Intensity
BHST
BHST
FNWD
FNWD
Q4 25
5.2%
Q3 25
0.9%
Q2 25
1.7%
Q1 25
1.2%
Q4 24
18.8%
Q3 24
3.4%
Q2 24
11.2%
Q1 24
2.8%
Cash Conversion
BHST
BHST
FNWD
FNWD
Q4 25
4.99×
Q3 25
0.34×
Q2 25
2.22×
Q1 25
-8.37×
Q4 24
4.66×
Q3 24
-6.15×
Q2 24
19.23×
Q1 24
-0.00×

Financial Flow Comparison

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

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