vs

Side-by-side financial comparison of Candel Therapeutics, Inc. (CADL) and Smart Powerr Corp. (CREG). Click either name above to swap in a different company.

Candel Therapeutics, Inc. is the larger business by last-quarter revenue ($102.0K vs $88.8K, roughly 1.1× Smart Powerr Corp.). Smart Powerr Corp. runs the higher net margin — -529.4% vs -8622.5%, a 8093.1% gap on every dollar of revenue.

Candel Therapeutics, Inc. is a clinical-stage biotechnology company specializing in developing oncolytic immunotherapies for cancer treatment. Its product pipeline covers solid tumors and hematological malignancies, serving global oncology markets and addressing unmet medical needs for patients with limited treatment options.

Smart Powerr Corp. (formerly China Recycling Energy Corp) is a specialized smart energy and energy efficiency solutions provider. Its core offerings include waste energy recovery systems, energy efficiency optimization services, and intelligent energy management platform deployment, primarily serving industrial, commercial and public sector clients in the Chinese market.

CADL vs CREG — Head-to-Head

Bigger by revenue
CADL
CADL
1.1× larger
CADL
$102.0K
$88.8K
CREG
Higher net margin
CREG
CREG
8093.1% more per $
CREG
-529.4%
-8622.5%
CADL

Income Statement — Q1 FY2023 vs Q4 FY2025

Metric
CADL
CADL
CREG
CREG
Revenue
$102.0K
$88.8K
Net Profit
$-8.8M
$-470.4K
Gross Margin
41.6%
Operating Margin
-9444.1%
-691.5%
Net Margin
-8622.5%
-529.4%
Revenue YoY
229.0%
Net Profit YoY
-906.3%
22.5%
EPS (diluted)
$-0.30
$0.03

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
CADL
CADL
CREG
CREG
Q4 25
$88.8K
Q3 25
$90.8K
Q2 25
$62.2K
Q1 25
$20.6K
Q1 23
$102.0K
Q4 22
$32.0K
Q3 22
$31.0K
Q2 22
$31.0K
Net Profit
CADL
CADL
CREG
CREG
Q4 25
$-470.4K
Q3 25
$-300.4K
Q2 25
$-1.2M
Q1 25
$-884.5K
Q1 23
$-8.8M
Q4 22
$-5.1M
Q3 22
$-8.7M
Q2 22
$-4.1M
Gross Margin
CADL
CADL
CREG
CREG
Q4 25
41.6%
Q3 25
48.7%
Q2 25
42.8%
Q1 25
42.8%
Q1 23
Q4 22
Q3 22
Q2 22
Operating Margin
CADL
CADL
CREG
CREG
Q4 25
-691.5%
Q3 25
-235.1%
Q2 25
-1648.0%
Q1 25
-5635.8%
Q1 23
-9444.1%
Q4 22
-25318.8%
Q3 22
-28648.4%
Q2 22
-28235.5%
Net Margin
CADL
CADL
CREG
CREG
Q4 25
-529.4%
Q3 25
-330.7%
Q2 25
-2000.9%
Q1 25
-4288.3%
Q1 23
-8622.5%
Q4 22
-15884.4%
Q3 22
-28025.8%
Q2 22
-13383.9%
EPS (diluted)
CADL
CADL
CREG
CREG
Q4 25
$0.03
Q3 25
$-0.08
Q2 25
$-0.05
Q1 25
$-0.09
Q1 23
$-0.30
Q4 22
$-0.18
Q3 22
$-0.30
Q2 22
$-0.14

Balance Sheet & Financial Strength

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

Metric
CADL
CADL
CREG
CREG
Cash + ST InvestmentsLiquidity on hand
$59.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$39.7M
$143.1M
Total Assets
$67.2M
$157.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CADL
CADL
CREG
CREG
Q4 25
Q3 25
Q2 25
Q1 25
Q1 23
$59.3M
Q4 22
$70.1M
Q3 22
$77.2M
Q2 22
$86.8M
Stockholders' Equity
CADL
CADL
CREG
CREG
Q4 25
$143.1M
Q3 25
$118.2M
Q2 25
$116.1M
Q1 25
$114.3M
Q1 23
$39.7M
Q4 22
$47.7M
Q3 22
$52.1M
Q2 22
$60.1M
Total Assets
CADL
CADL
CREG
CREG
Q4 25
$157.6M
Q3 25
$133.0M
Q2 25
$132.2M
Q1 25
$130.7M
Q1 23
$67.2M
Q4 22
$77.7M
Q3 22
$85.0M
Q2 22
$93.3M

Cash Flow & Capital Efficiency

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

Metric
CADL
CADL
CREG
CREG
Operating Cash FlowLast quarter
$-10.8M
$2.5M
Free Cash FlowOCF − Capex
$-11.0M
FCF MarginFCF / Revenue
-10742.2%
Capex IntensityCapex / Revenue
135.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-35.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CADL
CADL
CREG
CREG
Q4 25
$2.5M
Q3 25
$-53.0K
Q2 25
$-131.3K
Q1 25
$64.6M
Q1 23
$-10.8M
Q4 22
$-6.9M
Q3 22
$-9.4M
Q2 22
$-7.1M
Free Cash Flow
CADL
CADL
CREG
CREG
Q4 25
Q3 25
Q2 25
Q1 25
Q1 23
$-11.0M
Q4 22
$-7.2M
Q3 22
$-9.6M
Q2 22
$-7.7M
FCF Margin
CADL
CADL
CREG
CREG
Q4 25
Q3 25
Q2 25
Q1 25
Q1 23
-10742.2%
Q4 22
-22378.1%
Q3 22
-30964.5%
Q2 22
-24941.9%
Capex Intensity
CADL
CADL
CREG
CREG
Q4 25
Q3 25
Q2 25
Q1 25
Q1 23
135.3%
Q4 22
862.5%
Q3 22
693.5%
Q2 22
2048.4%

Financial Flow Comparison

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

Related Comparisons