vs

Side-by-side financial comparison of Bionano Genomics, Inc. (BNGO) and INTELLIGENT PROTECTION MANAGEMENT CORP. (IPM). Click either name above to swap in a different company.

Bionano Genomics, Inc. is the larger business by last-quarter revenue ($8.0M vs $6.1M, roughly 1.3× INTELLIGENT PROTECTION MANAGEMENT CORP.). On growth, INTELLIGENT PROTECTION MANAGEMENT CORP. posted the faster year-over-year revenue change (2091.6% vs -2.6%). Over the past eight quarters, INTELLIGENT PROTECTION MANAGEMENT CORP.'s revenue compounded faster (54.7% CAGR vs -4.8%).

Bionano Genomics develops and commercializes proprietary optical genome mapping technology and diagnostic solutions. Its products detect large structural genomic variants with high precision, serving global research institutions, biopharma firms, and clinical labs for oncology, rare disease, and reproductive health use cases.

Intelligent Limited is a Holding Company and Parent company headquartered in Gloucestershire, United Kingdom and was incorporated on 21 May 2008. Intelligent Limited provides a group management structure for four companies and was born out of the operations of International Intelligence Limited, a company specialising in Intelligence, Counter Espionage and TSCM sweeping.

BNGO vs IPM — Head-to-Head

Bigger by revenue
BNGO
BNGO
1.3× larger
BNGO
$8.0M
$6.1M
IPM
Growing faster (revenue YoY)
IPM
IPM
+2094.2% gap
IPM
2091.6%
-2.6%
BNGO
Faster 2-yr revenue CAGR
IPM
IPM
Annualised
IPM
54.7%
-4.8%
BNGO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BNGO
BNGO
IPM
IPM
Revenue
$8.0M
$6.1M
Net Profit
$-7.9M
Gross Margin
42.8%
53.1%
Operating Margin
-107.4%
-13.4%
Net Margin
-99.8%
Revenue YoY
-2.6%
2091.6%
Net Profit YoY
60.6%
EPS (diluted)
$-0.12
$-0.05

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
BNGO
BNGO
IPM
IPM
Q4 25
$8.0M
$6.1M
Q3 25
$7.4M
$6.2M
Q2 25
$6.7M
$5.7M
Q1 25
$6.5M
$5.5M
Q4 24
$8.2M
Q3 24
$6.1M
Q2 24
$7.8M
Q1 24
$8.8M
Net Profit
BNGO
BNGO
IPM
IPM
Q4 25
$-7.9M
Q3 25
$-8.5M
$-1.1M
Q2 25
$-6.9M
$-1.1M
Q1 25
$-3.1M
$808.5K
Q4 24
$-20.1M
Q3 24
$-44.2M
Q2 24
$-16.2M
Q1 24
$-31.4M
Gross Margin
BNGO
BNGO
IPM
IPM
Q4 25
42.8%
53.1%
Q3 25
45.7%
50.7%
Q2 25
51.6%
50.1%
Q1 25
45.5%
55.3%
Q4 24
41.9%
Q3 24
-139.1%
Q2 24
33.3%
Q1 24
32.2%
Operating Margin
BNGO
BNGO
IPM
IPM
Q4 25
-107.4%
-13.4%
Q3 25
-115.9%
-23.0%
Q2 25
-115.8%
-19.7%
Q1 25
-131.1%
-24.2%
Q4 24
-146.3%
Q3 24
-722.9%
Q2 24
-219.0%
Q1 24
-354.9%
Net Margin
BNGO
BNGO
IPM
IPM
Q4 25
-99.8%
Q3 25
-115.4%
-17.4%
Q2 25
-101.8%
-18.3%
Q1 25
-48.0%
14.7%
Q4 24
-246.5%
Q3 24
-728.6%
Q2 24
-208.8%
Q1 24
-358.3%
EPS (diluted)
BNGO
BNGO
IPM
IPM
Q4 25
$-0.12
$-0.05
Q3 25
$-1.59
$-0.08
Q2 25
$-1.99
$-0.08
Q1 25
$-1.15
$0.06
Q4 24
$-7.05
Q3 24
$-30.92
Q2 24
$-14.41
Q1 24
$-35.75

Balance Sheet & Financial Strength

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

Metric
BNGO
BNGO
IPM
IPM
Cash + ST InvestmentsLiquidity on hand
$3.0M
$5.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$44.4M
$18.2M
Total Assets
$73.6M
$26.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BNGO
BNGO
IPM
IPM
Q4 25
$3.0M
$5.6M
Q3 25
$3.1M
$7.3M
Q2 25
$3.6M
$7.3M
Q1 25
$3.6M
$9.7M
Q4 24
$9.2M
Q3 24
$8.8M
Q2 24
$10.4M
Q1 24
$15.8M
Stockholders' Equity
BNGO
BNGO
IPM
IPM
Q4 25
$44.4M
$18.2M
Q3 25
$49.8M
$18.8M
Q2 25
$45.4M
$19.9M
Q1 25
$48.2M
$21.1M
Q4 24
$35.4M
Q3 24
$48.9M
Q2 24
$80.3M
Q1 24
$82.8M
Total Assets
BNGO
BNGO
IPM
IPM
Q4 25
$73.6M
$26.0M
Q3 25
$79.1M
$27.2M
Q2 25
$76.0M
$29.8M
Q1 25
$78.4M
$31.1M
Q4 24
$76.7M
Q3 24
$87.4M
Q2 24
$129.4M
Q1 24
$158.0M

Cash Flow & Capital Efficiency

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

Metric
BNGO
BNGO
IPM
IPM
Operating Cash FlowLast quarter
$-4.2M
$87.6K
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BNGO
BNGO
IPM
IPM
Q4 25
$-4.2M
$87.6K
Q3 25
$-5.9M
$133.0K
Q2 25
$-3.5M
$-888.7K
Q1 25
$-2.8M
$1.7M
Q4 24
$-6.5M
Q3 24
$-13.3M
Q2 24
$-21.0M
Q1 24
$-28.1M
Capex Intensity
BNGO
BNGO
IPM
IPM
Q4 25
Q3 25
0.0%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
BNGO
BNGO
IPM
IPM
Q4 25
Q3 25
Q2 25
Q1 25
2.16×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

BNGO
BNGO

Segment breakdown not available.

IPM
IPM

Procurement Revenue$5.4M88%
Other$743.9K12%

Related Comparisons