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

bioAffinity Technologies, Inc. is the larger business by last-quarter revenue ($1.6M vs $1.4M, roughly 1.2× SOCIETY PASS INCORPORATED.). bioAffinity Technologies, Inc. runs the higher net margin — -197.0% vs -370.8%, a 173.9% gap on every dollar of revenue. On growth, SOCIETY PASS INCORPORATED. posted the faster year-over-year revenue change (-17.6% vs -27.8%). bioAffinity Technologies, Inc. produced more free cash flow last quarter ($-2.6M vs $-16.7M). Over the past eight quarters, SOCIETY PASS INCORPORATED.'s revenue compounded faster (-11.2% CAGR vs -18.6%).

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.

The Wilderness Society is an Australian, community-based, not-for-profit non-governmental environmental advocacy organisation.

BIAF vs SOPA — Head-to-Head

Bigger by revenue
BIAF
BIAF
1.2× larger
BIAF
$1.6M
$1.4M
SOPA
Growing faster (revenue YoY)
SOPA
SOPA
+10.2% gap
SOPA
-17.6%
-27.8%
BIAF
Higher net margin
BIAF
BIAF
173.9% more per $
BIAF
-197.0%
-370.8%
SOPA
More free cash flow
BIAF
BIAF
$14.2M more FCF
BIAF
$-2.6M
$-16.7M
SOPA
Faster 2-yr revenue CAGR
SOPA
SOPA
Annualised
SOPA
-11.2%
-18.6%
BIAF

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
BIAF
BIAF
SOPA
SOPA
Revenue
$1.6M
$1.4M
Net Profit
$-3.1M
$-5.1M
Gross Margin
64.3%
Operating Margin
-196.9%
-379.9%
Net Margin
-197.0%
-370.8%
Revenue YoY
-27.8%
-17.6%
Net Profit YoY
-5.7%
-271.5%
EPS (diluted)
$-3.59
$-0.89

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
SOPA
SOPA
Q4 25
$1.6M
Q3 25
$1.4M
$1.4M
Q2 25
$1.3M
$2.5M
Q1 25
$1.9M
$1.5M
Q4 24
$2.2M
$1.9M
Q3 24
$2.4M
$1.7M
Q2 24
$2.4M
$1.7M
Q1 24
$2.4M
$1.8M
Net Profit
BIAF
BIAF
SOPA
SOPA
Q4 25
$-3.1M
Q3 25
$-5.1M
$-5.1M
Q2 25
$-4.1M
$479.0K
Q1 25
$-2.7M
$-1.8M
Q4 24
$-3.0M
$-4.1M
Q3 24
$-2.0M
$-1.4M
Q2 24
$-2.1M
$-1.9M
Q1 24
$-2.0M
$-2.8M
Gross Margin
BIAF
BIAF
SOPA
SOPA
Q4 25
Q3 25
64.3%
Q2 25
56.5%
Q1 25
31.6%
Q4 24
28.9%
Q3 24
21.8%
Q2 24
27.1%
Q1 24
26.7%
Operating Margin
BIAF
BIAF
SOPA
SOPA
Q4 25
-196.9%
Q3 25
-158.6%
-379.9%
Q2 25
-198.2%
-6.1%
Q1 25
-141.7%
-126.6%
Q4 24
-133.5%
-165.6%
Q3 24
-84.0%
-70.1%
Q2 24
-87.1%
-126.0%
Q1 24
-80.8%
-156.6%
Net Margin
BIAF
BIAF
SOPA
SOPA
Q4 25
-197.0%
Q3 25
-349.3%
-370.8%
Q2 25
-319.9%
19.1%
Q1 25
-143.5%
-124.9%
Q4 24
-134.4%
-217.5%
Q3 24
-85.1%
-82.2%
Q2 24
-88.0%
-113.3%
Q1 24
-81.5%
-153.8%
EPS (diluted)
BIAF
BIAF
SOPA
SOPA
Q4 25
$-3.59
Q3 25
$-4.74
$-0.89
Q2 25
$-0.17
$0.10
Q1 25
$-0.16
$-0.44
Q4 24
$-17.27
$-1.03
Q3 24
$-4.84
$-0.48
Q2 24
$-0.19
$-0.73
Q1 24
$-0.20
$-1.21

Balance Sheet & Financial Strength

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

Metric
BIAF
BIAF
SOPA
SOPA
Cash + ST InvestmentsLiquidity on hand
$6.4M
$6.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$7.3M
$13.9M
Total Assets
$11.0M
$32.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIAF
BIAF
SOPA
SOPA
Q4 25
$6.4M
Q3 25
$7.7M
$6.6M
Q2 25
$802.8K
$8.2M
Q1 25
$444.7K
$7.1M
Q4 24
$1.1M
$7.6M
Q3 24
$756.6K
$4.2M
Q2 24
$801.3K
$833.9K
Q1 24
$2.5M
$1.6M
Stockholders' Equity
BIAF
BIAF
SOPA
SOPA
Q4 25
$7.3M
Q3 25
$8.9M
$13.9M
Q2 25
$-2.1M
$2.4M
Q1 25
$1.4M
$-663.0K
Q4 24
$2.6M
$-2.1M
Q3 24
$3.1M
$862.6K
Q2 24
$3.4M
$2.4M
Q1 24
$5.3M
$3.5M
Total Assets
BIAF
BIAF
SOPA
SOPA
Q4 25
$11.0M
Q3 25
$11.5M
$32.9M
Q2 25
$4.8M
$29.2M
Q1 25
$5.5M
$22.9M
Q4 24
$6.5M
$21.3M
Q3 24
$6.6M
$17.0M
Q2 24
$6.7M
$13.0M
Q1 24
$8.0M
$13.3M

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
SOPA
SOPA
Operating Cash FlowLast quarter
$-2.6M
$-16.7M
Free Cash FlowOCF − Capex
$-2.6M
$-16.7M
FCF MarginFCF / Revenue
-160.7%
-1211.0%
Capex IntensityCapex / Revenue
0.0%
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-9.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIAF
BIAF
SOPA
SOPA
Q4 25
$-2.6M
Q3 25
$-2.5M
$-16.7M
Q2 25
$-2.6M
$-1.8M
Q1 25
$-1.6M
$-4.0M
Q4 24
$-1.7M
$3.7M
Q3 24
$-1.7M
$2.0M
Q2 24
$-1.5M
$-864.6K
Q1 24
$-2.3M
$-2.4M
Free Cash Flow
BIAF
BIAF
SOPA
SOPA
Q4 25
$-2.6M
Q3 25
$-2.5M
$-16.7M
Q2 25
$-2.7M
Q1 25
$-1.7M
Q4 24
$-1.7M
Q3 24
$-1.7M
Q2 24
$-1.6M
Q1 24
$-2.4M
FCF Margin
BIAF
BIAF
SOPA
SOPA
Q4 25
-160.7%
Q3 25
-171.8%
-1211.0%
Q2 25
-209.6%
Q1 25
-91.3%
Q4 24
-76.0%
Q3 24
-73.1%
Q2 24
-65.1%
Q1 24
-99.2%
Capex Intensity
BIAF
BIAF
SOPA
SOPA
Q4 25
0.0%
Q3 25
0.3%
0.0%
Q2 25
1.1%
Q1 25
2.7%
Q4 24
0.0%
Q3 24
0.4%
Q2 24
1.2%
Q1 24
1.7%
Cash Conversion
BIAF
BIAF
SOPA
SOPA
Q4 25
Q3 25
Q2 25
-3.70×
Q1 25
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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