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

TOP Financial Group Ltd is the larger business by last-quarter revenue ($2.9M vs $1.6M, roughly 1.8× bioAffinity Technologies, Inc.). TOP Financial Group Ltd runs the higher net margin — 6.6% vs -197.0%, a 203.6% gap on every dollar of revenue.

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.

Sun Life Financial Inc. is a Canadian financial services company headquartered in Toronto, Ontario. Founded in 1865, it operates internationally in life insurance, wealth management, and asset management. As of 2024, the company manages over CAD$1.3 trillion in assets and serves clients in Canada, the United States, Asia, and other markets.

BIAF vs TOP — Head-to-Head

Bigger by revenue
TOP
TOP
1.8× larger
TOP
$2.9M
$1.6M
BIAF
Higher net margin
TOP
TOP
203.6% more per $
TOP
6.6%
-197.0%
BIAF

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
BIAF
BIAF
TOP
TOP
Revenue
$1.6M
$2.9M
Net Profit
$-3.1M
$190.5K
Gross Margin
Operating Margin
-196.9%
Net Margin
-197.0%
6.6%
Revenue YoY
-27.8%
Net Profit YoY
-5.7%
EPS (diluted)
$-3.59

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
TOP
TOP
Q4 25
$1.6M
Q3 25
$1.4M
$2.9M
Q2 25
$1.3M
Q1 25
$1.9M
Q4 24
$2.2M
Q3 24
$2.4M
Q2 24
$2.4M
Q1 24
$2.4M
Net Profit
BIAF
BIAF
TOP
TOP
Q4 25
$-3.1M
Q3 25
$-5.1M
$190.5K
Q2 25
$-4.1M
Q1 25
$-2.7M
Q4 24
$-3.0M
Q3 24
$-2.0M
Q2 24
$-2.1M
Q1 24
$-2.0M
Operating Margin
BIAF
BIAF
TOP
TOP
Q4 25
-196.9%
Q3 25
-158.6%
Q2 25
-198.2%
Q1 25
-141.7%
Q4 24
-133.5%
Q3 24
-84.0%
Q2 24
-87.1%
Q1 24
-80.8%
Net Margin
BIAF
BIAF
TOP
TOP
Q4 25
-197.0%
Q3 25
-349.3%
6.6%
Q2 25
-319.9%
Q1 25
-143.5%
Q4 24
-134.4%
Q3 24
-85.1%
Q2 24
-88.0%
Q1 24
-81.5%
EPS (diluted)
BIAF
BIAF
TOP
TOP
Q4 25
$-3.59
Q3 25
$-4.74
Q2 25
$-0.17
Q1 25
$-0.16
Q4 24
$-17.27
Q3 24
$-4.84
Q2 24
$-0.19
Q1 24
$-0.20

Balance Sheet & Financial Strength

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

Metric
BIAF
BIAF
TOP
TOP
Cash + ST InvestmentsLiquidity on hand
$6.4M
$14.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$7.3M
$35.0M
Total Assets
$11.0M
$64.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIAF
BIAF
TOP
TOP
Q4 25
$6.4M
Q3 25
$7.7M
$14.8M
Q2 25
$802.8K
Q1 25
$444.7K
Q4 24
$1.1M
Q3 24
$756.6K
Q2 24
$801.3K
Q1 24
$2.5M
Stockholders' Equity
BIAF
BIAF
TOP
TOP
Q4 25
$7.3M
Q3 25
$8.9M
$35.0M
Q2 25
$-2.1M
Q1 25
$1.4M
Q4 24
$2.6M
Q3 24
$3.1M
Q2 24
$3.4M
Q1 24
$5.3M
Total Assets
BIAF
BIAF
TOP
TOP
Q4 25
$11.0M
Q3 25
$11.5M
$64.1M
Q2 25
$4.8M
Q1 25
$5.5M
Q4 24
$6.5M
Q3 24
$6.6M
Q2 24
$6.7M
Q1 24
$8.0M

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
TOP
TOP
Operating Cash FlowLast quarter
$-2.6M
Free Cash FlowOCF − Capex
$-2.6M
FCF MarginFCF / Revenue
-160.7%
Capex IntensityCapex / Revenue
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
TOP
TOP
Q4 25
$-2.6M
Q3 25
$-2.5M
Q2 25
$-2.6M
Q1 25
$-1.6M
Q4 24
$-1.7M
Q3 24
$-1.7M
Q2 24
$-1.5M
Q1 24
$-2.3M
Free Cash Flow
BIAF
BIAF
TOP
TOP
Q4 25
$-2.6M
Q3 25
$-2.5M
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
TOP
TOP
Q4 25
-160.7%
Q3 25
-171.8%
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
TOP
TOP
Q4 25
0.0%
Q3 25
0.3%
Q2 25
1.1%
Q1 25
2.7%
Q4 24
0.0%
Q3 24
0.4%
Q2 24
1.2%
Q1 24
1.7%

Financial Flow Comparison

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

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