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Side-by-side financial comparison of CEA Industries Inc. (BNC) and IM Cannabis Corp. (IMCC). Click either name above to swap in a different company.
IM Cannabis Corp. is the larger business by last-quarter revenue ($9.3M vs $7.1M, roughly 1.3× CEA Industries Inc.). CEA Industries Inc. runs the higher net margin — 3970.6% vs -1.5%, a 3972.2% gap on every dollar of revenue. On growth, CEA Industries Inc. posted the faster year-over-year revenue change (1727.8% vs -13.9%).
CEA Technologies is an Australian government business enterprise that primarily supplies the Royal Australian Navy. The company was established in 1983. Its phase array radars, which are fitted to the Royal Australian Navy's fleet of warships, are regarded by Australians as the best in the world.
IM Cannabis Corp is a global cannabis enterprise focused on the cultivation, production, distribution and retail of medical and adult-use cannabis products. It runs business across core markets including North America, the European Union and Israel, offering branded cannabis goods, wellness derivatives and related consumer products to medical patients and recreational users.
BNC vs IMCC — Head-to-Head
Income Statement — Q2 FY2026 vs Q2 FY2025
| Metric | | |
|---|---|---|
| Revenue | $7.1M | $9.3M |
| Net Profit | $283.6M | $-141.6K |
| Gross Margin | 29.3% | 27.0% |
| Operating Margin | — | -2.8% |
| Net Margin | 3970.6% | -1.5% |
| Revenue YoY | 1727.8% | -13.9% |
| Net Profit YoY | 38409.2% | 94.4% |
| EPS (diluted) | $5.36 | — |
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.
| Q4 25 | $7.1M | — | ||
| Q3 25 | $4.6M | — | ||
| Q2 25 | — | $9.3M | ||
| Q2 24 | $1.8M | $10.8M | ||
| Q3 23 | $913.6K | — | ||
| Q2 23 | $1.1M | — | ||
| Q1 23 | $4.7M | — | ||
| Q4 22 | $1.5M | — |
| Q4 25 | $283.6M | — | ||
| Q3 25 | $-5.8M | — | ||
| Q2 25 | — | $-141.6K | ||
| Q2 24 | $-470.3K | $-2.5M | ||
| Q3 23 | $-799.0K | — | ||
| Q2 23 | $-693.6K | — | ||
| Q1 23 | $-431.4K | — | ||
| Q4 22 | $-1.3M | — |
| Q4 25 | 29.3% | — | ||
| Q3 25 | 30.0% | — | ||
| Q2 25 | — | 27.0% | ||
| Q2 24 | 10.2% | 5.7% | ||
| Q3 23 | -11.4% | — | ||
| Q2 23 | 7.4% | — | ||
| Q1 23 | 18.2% | — | ||
| Q4 22 | 10.3% | — |
| Q4 25 | — | — | ||
| Q3 25 | -123.2% | — | ||
| Q2 25 | — | -2.8% | ||
| Q2 24 | -27.1% | -19.5% | ||
| Q3 23 | -88.3% | — | ||
| Q2 23 | -66.2% | — | ||
| Q1 23 | -9.5% | — | ||
| Q4 22 | -87.8% | — |
| Q4 25 | 3970.6% | — | ||
| Q3 25 | -127.7% | — | ||
| Q2 25 | — | -1.5% | ||
| Q2 24 | -26.7% | -23.4% | ||
| Q3 23 | -87.5% | — | ||
| Q2 23 | -65.2% | — | ||
| Q1 23 | -9.2% | — | ||
| Q4 22 | -87.0% | — |
| Q4 25 | $5.36 | — | ||
| Q3 25 | $-6.94 | — | ||
| Q2 25 | — | — | ||
| Q2 24 | $-0.66 | — | ||
| Q3 23 | $-1.19 | — | ||
| Q2 23 | $-1.03 | — | ||
| Q1 23 | $-0.05 | — | ||
| Q4 22 | — | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $32.5M | $579.6K |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $484.9M | $3.0M |
| Total Assets | $616.5M | $30.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $32.5M | — | ||
| Q3 25 | $3.0M | — | ||
| Q2 25 | — | $579.6K | ||
| Q2 24 | $11.3M | $511.0K | ||
| Q3 23 | $13.3M | — | ||
| Q2 23 | $14.2M | — | ||
| Q1 23 | $15.9M | — | ||
| Q4 22 | $18.6M | — |
| Q4 25 | $484.9M | — | ||
| Q3 25 | $6.9M | — | ||
| Q2 25 | — | $3.0M | ||
| Q2 24 | $10.9M | $4.0M | ||
| Q3 23 | $13.2M | — | ||
| Q2 23 | $14.0M | — | ||
| Q1 23 | $14.7M | — | ||
| Q4 22 | — | — |
| Q4 25 | $616.5M | — | ||
| Q3 25 | $19.1M | — | ||
| Q2 25 | — | $30.0M | ||
| Q2 24 | $12.6M | $29.4M | ||
| Q3 23 | $14.7M | — | ||
| Q2 23 | $15.9M | — | ||
| Q1 23 | $17.4M | — | ||
| Q4 22 | $21.0M | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
