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Side-by-side financial comparison of BioLineRx Ltd. (BLRX) and Digimarc CORP (DMRC). Click either name above to swap in a different company.

Digimarc CORP is the larger business by last-quarter revenue ($8.9M vs $5.4M, roughly 1.7× BioLineRx Ltd.). BioLineRx Ltd. runs the higher net margin — 9.0% vs -47.2%, a 56.2% gap on every dollar of revenue. Digimarc CORP produced more free cash flow last quarter ($895.0K vs $-25.5M).

BioLineRx Ltd., or BioLine, is a publicly traded drug development company. Headquartered in Israel, its shares are traded on the NASDAQ Capital Market and on the Tel Aviv Stock Exchange.

Digimarc Corporation is a provider of enterprise software and services. The company's software, which includes digital identifiers, is designed to address counterfeiting, product authenticity, recycling accuracy, and supply chain traceability. Digimarc products are created for multiple industries such as apparel, consumer packaged goods, health and beauty, and automotive.

BLRX vs DMRC — Head-to-Head

Bigger by revenue
DMRC
DMRC
1.7× larger
DMRC
$8.9M
$5.4M
BLRX
Higher net margin
BLRX
BLRX
56.2% more per $
BLRX
9.0%
-47.2%
DMRC
More free cash flow
DMRC
DMRC
$26.4M more FCF
DMRC
$895.0K
$-25.5M
BLRX

Income Statement — Q2 FY2024 vs Q4 FY2025

Metric
BLRX
BLRX
DMRC
DMRC
Revenue
$5.4M
$8.9M
Net Profit
$484.0K
$-4.2M
Gross Margin
83.4%
63.5%
Operating Margin
-107.0%
-48.2%
Net Margin
9.0%
-47.2%
Revenue YoY
2.9%
Net Profit YoY
102.6%
51.4%
EPS (diluted)
$0.00
$-0.18

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
BLRX
BLRX
DMRC
DMRC
Q4 25
$8.9M
Q3 25
$7.6M
Q2 25
$8.0M
Q1 25
$9.4M
Q4 24
$8.7M
Q3 24
$9.4M
Q2 24
$5.4M
$10.4M
Q1 24
$9.9M
Net Profit
BLRX
BLRX
DMRC
DMRC
Q4 25
$-4.2M
Q3 25
$-8.2M
Q2 25
$-8.2M
Q1 25
$-11.7M
Q4 24
$-8.6M
Q3 24
$-10.8M
Q2 24
$484.0K
$-9.3M
Q1 24
$-10.3M
Gross Margin
BLRX
BLRX
DMRC
DMRC
Q4 25
63.5%
Q3 25
58.3%
Q2 25
58.8%
Q1 25
65.0%
Q4 24
60.8%
Q3 24
62.4%
Q2 24
83.4%
66.1%
Q1 24
62.5%
Operating Margin
BLRX
BLRX
DMRC
DMRC
Q4 25
-48.2%
Q3 25
-109.7%
Q2 25
-105.2%
Q1 25
-128.9%
Q4 24
-105.1%
Q3 24
-120.4%
Q2 24
-107.0%
-96.2%
Q1 24
-109.2%
Net Margin
BLRX
BLRX
DMRC
DMRC
Q4 25
-47.2%
Q3 25
-106.9%
Q2 25
-102.6%
Q1 25
-125.2%
Q4 24
-99.9%
Q3 24
-113.9%
Q2 24
9.0%
-89.3%
Q1 24
-104.0%
EPS (diluted)
BLRX
BLRX
DMRC
DMRC
Q4 25
$-0.18
Q3 25
$-0.38
Q2 25
$-0.38
Q1 25
$-0.55
Q4 24
$-0.40
Q3 24
$-0.50
Q2 24
$0.00
$-0.43
Q1 24
$-0.50

Balance Sheet & Financial Strength

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

Metric
BLRX
BLRX
DMRC
DMRC
Cash + ST InvestmentsLiquidity on hand
$9.6M
$12.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$13.9M
$40.2M
Total Assets
$64.6M
$53.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BLRX
BLRX
DMRC
DMRC
Q4 25
$12.9M
Q3 25
$12.6M
Q2 25
$16.1M
Q1 25
$21.6M
Q4 24
$28.7M
Q3 24
$33.7M
Q2 24
$9.6M
$41.5M
Q1 24
$48.9M
Stockholders' Equity
BLRX
BLRX
DMRC
DMRC
Q4 25
$40.2M
Q3 25
$41.4M
Q2 25
$46.5M
Q1 25
$50.0M
Q4 24
$61.4M
Q3 24
$70.2M
Q2 24
$13.9M
$77.2M
Q1 24
$84.5M
Total Assets
BLRX
BLRX
DMRC
DMRC
Q4 25
$53.0M
Q3 25
$55.4M
Q2 25
$60.7M
Q1 25
$66.5M
Q4 24
$75.8M
Q3 24
$85.0M
Q2 24
$64.6M
$93.4M
Q1 24
$99.7M

Cash Flow & Capital Efficiency

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

Metric
BLRX
BLRX
DMRC
DMRC
Operating Cash FlowLast quarter
$-25.4M
$991.0K
Free Cash FlowOCF − Capex
$-25.5M
$895.0K
FCF MarginFCF / Revenue
-472.8%
10.0%
Capex IntensityCapex / Revenue
1.1%
1.1%
Cash ConversionOCF / Net Profit
-52.56×
TTM Free Cash FlowTrailing 4 quarters
$-12.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BLRX
BLRX
DMRC
DMRC
Q4 25
$991.0K
Q3 25
$-2.6M
Q2 25
$-4.7M
Q1 25
$-5.5M
Q4 24
$-4.2M
Q3 24
$-7.1M
Q2 24
$-25.4M
$-6.8M
Q1 24
$-8.4M
Free Cash Flow
BLRX
BLRX
DMRC
DMRC
Q4 25
$895.0K
Q3 25
$-2.8M
Q2 25
$-4.9M
Q1 25
$-5.5M
Q4 24
$-4.2M
Q3 24
$-7.2M
Q2 24
$-25.5M
$-6.9M
Q1 24
$-8.5M
FCF Margin
BLRX
BLRX
DMRC
DMRC
Q4 25
10.0%
Q3 25
-36.9%
Q2 25
-61.0%
Q1 25
-59.1%
Q4 24
-49.1%
Q3 24
-75.7%
Q2 24
-472.8%
-66.1%
Q1 24
-85.8%
Capex Intensity
BLRX
BLRX
DMRC
DMRC
Q4 25
1.1%
Q3 25
2.9%
Q2 25
2.5%
Q1 25
0.6%
Q4 24
0.2%
Q3 24
0.7%
Q2 24
1.1%
0.3%
Q1 24
1.1%
Cash Conversion
BLRX
BLRX
DMRC
DMRC
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
-52.56×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

BLRX
BLRX

Segment breakdown not available.

DMRC
DMRC

Subscription$5.3M60%
The Government$3.6M41%

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