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Side-by-side financial comparison of bioAffinity Technologies, Inc. (BIAF) and PureCycle Technologies, Inc. (PCT). Click either name above to swap in a different company.

PureCycle Technologies, Inc. is the larger business by last-quarter revenue ($2.7M vs $1.6M, roughly 1.7× bioAffinity Technologies, Inc.). bioAffinity Technologies, Inc. runs the higher net margin — -197.0% vs -697.1%, a 500.1% gap on every dollar of revenue. bioAffinity Technologies, Inc. produced more free cash flow last quarter ($-2.6M vs $-42.0M).

bioAffinity Technologies, Inc. is a clinical-stage biotechnology firm focused on developing non-invasive in vitro diagnostic tests for early detection of cancer and respiratory diseases. It serves global healthcare markets, with a core mission to deliver accessible, high-accuracy diagnostic solutions that improve patient outcomes and reduce overall healthcare system costs.

PureCycle Technologies, Inc. is a sustainable materials firm with proprietary advanced polypropylene recycling technology. It converts contaminated polypropylene waste into high-purity virgin-equivalent resin for use in consumer goods, automotive parts, packaging and industrial products, serving global partners.

BIAF vs PCT — Head-to-Head

Bigger by revenue
PCT
PCT
1.7× larger
PCT
$2.7M
$1.6M
BIAF
Higher net margin
BIAF
BIAF
500.1% more per $
BIAF
-197.0%
-697.1%
PCT
More free cash flow
BIAF
BIAF
$39.5M more FCF
BIAF
$-2.6M
$-42.0M
PCT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BIAF
BIAF
PCT
PCT
Revenue
$1.6M
$2.7M
Net Profit
$-3.1M
$-18.8M
Gross Margin
Operating Margin
-196.9%
-2196.1%
Net Margin
-197.0%
-697.1%
Revenue YoY
-27.8%
Net Profit YoY
-5.7%
71.0%
EPS (diluted)
$-3.59
$-0.14

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
BIAF
BIAF
PCT
PCT
Q4 25
$1.6M
$2.7M
Q3 25
$1.4M
$2.4M
Q2 25
$1.3M
$1.6M
Q1 25
$1.9M
$1.6M
Q4 24
$2.2M
$0
Q3 24
$2.4M
$0
Q2 24
$2.4M
$0
Q1 24
$2.4M
$0
Net Profit
BIAF
BIAF
PCT
PCT
Q4 25
$-3.1M
$-18.8M
Q3 25
$-5.1M
$-28.4M
Q2 25
$-4.1M
$-144.2M
Q1 25
$-2.7M
$8.8M
Q4 24
$-3.0M
$-64.7M
Q3 24
$-2.0M
$-90.6M
Q2 24
$-2.1M
$-48.2M
Q1 24
$-2.0M
$-85.6M
Operating Margin
BIAF
BIAF
PCT
PCT
Q4 25
-196.9%
-2196.1%
Q3 25
-158.6%
-1602.2%
Q2 25
-198.2%
-2763.5%
Q1 25
-141.7%
-2387.4%
Q4 24
-133.5%
Q3 24
-84.0%
Q2 24
-87.1%
Q1 24
-80.8%
Net Margin
BIAF
BIAF
PCT
PCT
Q4 25
-197.0%
-697.1%
Q3 25
-349.3%
-1167.5%
Q2 25
-319.9%
-8741.8%
Q1 25
-143.5%
559.0%
Q4 24
-134.4%
Q3 24
-85.1%
Q2 24
-88.0%
Q1 24
-81.5%
EPS (diluted)
BIAF
BIAF
PCT
PCT
Q4 25
$-3.59
$-0.14
Q3 25
$-4.74
$-0.31
Q2 25
$-0.17
$-0.81
Q1 25
$-0.16
$0.05
Q4 24
$-17.27
$-0.40
Q3 24
$-4.84
$-0.54
Q2 24
$-0.19
$-0.29
Q1 24
$-0.20
$-0.52

Balance Sheet & Financial Strength

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

Metric
BIAF
BIAF
PCT
PCT
Cash + ST InvestmentsLiquidity on hand
$6.4M
$156.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$7.3M
$45.9M
Total Assets
$11.0M
$922.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIAF
BIAF
PCT
PCT
Q4 25
$6.4M
$156.7M
Q3 25
$7.7M
$234.4M
Q2 25
$802.8K
$284.1M
Q1 25
$444.7K
$22.5M
Q4 24
$1.1M
$15.7M
Q3 24
$756.6K
$83.7M
Q2 24
$801.3K
$10.9M
Q1 24
$2.5M
$25.0M
Stockholders' Equity
BIAF
BIAF
PCT
PCT
Q4 25
$7.3M
$45.9M
Q3 25
$8.9M
$68.2M
Q2 25
$-2.1M
$98.9M
Q1 25
$1.4M
$238.2M
Q4 24
$2.6M
$180.4M
Q3 24
$3.1M
$241.4M
Q2 24
$3.4M
$291.6M
Q1 24
$5.3M
$336.8M
Total Assets
BIAF
BIAF
PCT
PCT
Q4 25
$11.0M
$922.7M
Q3 25
$11.5M
$989.1M
Q2 25
$4.8M
$1.0B
Q1 25
$5.5M
$787.3M
Q4 24
$6.5M
$798.4M
Q3 24
$6.6M
$788.8M
Q2 24
$6.7M
$719.8M
Q1 24
$8.0M
$734.0M

Cash Flow & Capital Efficiency

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

Metric
BIAF
BIAF
PCT
PCT
Operating Cash FlowLast quarter
$-2.6M
$-28.7M
Free Cash FlowOCF − Capex
$-2.6M
$-42.0M
FCF MarginFCF / Revenue
-160.7%
-1559.6%
Capex IntensityCapex / Revenue
0.0%
495.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-9.4M
$-183.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIAF
BIAF
PCT
PCT
Q4 25
$-2.6M
$-28.7M
Q3 25
$-2.5M
$-38.5M
Q2 25
$-2.6M
$-36.7M
Q1 25
$-1.6M
$-38.9M
Q4 24
$-1.7M
$-31.8M
Q3 24
$-1.7M
$-33.4M
Q2 24
$-1.5M
$-40.4M
Q1 24
$-2.3M
$-39.2M
Free Cash Flow
BIAF
BIAF
PCT
PCT
Q4 25
$-2.6M
$-42.0M
Q3 25
$-2.5M
$-42.4M
Q2 25
$-2.7M
$-45.3M
Q1 25
$-1.7M
$-53.9M
Q4 24
$-1.7M
$-53.4M
Q3 24
$-1.7M
$-42.6M
Q2 24
$-1.6M
$-50.8M
Q1 24
$-2.4M
$-53.5M
FCF Margin
BIAF
BIAF
PCT
PCT
Q4 25
-160.7%
-1559.6%
Q3 25
-171.8%
-1743.1%
Q2 25
-209.6%
-2747.1%
Q1 25
-91.3%
-3409.6%
Q4 24
-76.0%
Q3 24
-73.1%
Q2 24
-65.1%
Q1 24
-99.2%
Capex Intensity
BIAF
BIAF
PCT
PCT
Q4 25
0.0%
495.1%
Q3 25
0.3%
160.3%
Q2 25
1.1%
521.5%
Q1 25
2.7%
949.6%
Q4 24
0.0%
Q3 24
0.4%
Q2 24
1.2%
Q1 24
1.7%
Cash Conversion
BIAF
BIAF
PCT
PCT
Q4 25
Q3 25
Q2 25
Q1 25
-4.40×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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