vs

Side-by-side financial comparison of Camp4 Therapeutics Corp (CAMP) and Ivanhoe Electric Inc. (IE). Click either name above to swap in a different company.

Ivanhoe Electric Inc. is the larger business by last-quarter revenue ($896.0K vs $795.0K, roughly 1.1× Camp4 Therapeutics Corp). Camp4 Therapeutics Corp runs the higher net margin — -1899.2% vs -4500.4%, a 2601.2% gap on every dollar of revenue.

Camp4 Therapeutics Corp is a clinical-stage biotechnology company focused on developing innovative RNA-targeted therapies for rare genetic diseases. It leverages its proprietary regulatory RNA mapping platform to identify novel therapeutic targets, primarily serving patients with unmet medical needs across North America and Europe.

Ivanhoe Electric Inc. is a critical minerals exploration and development firm focused on metals for global electrification. It targets high-grade copper, gold, silver and strategic deposits, with primary North American operations, supplying raw materials to renewable energy, EV and power grid infrastructure supply chains worldwide.

CAMP vs IE — Head-to-Head

Bigger by revenue
IE
IE
1.1× larger
IE
$896.0K
$795.0K
CAMP
Higher net margin
CAMP
CAMP
2601.2% more per $
CAMP
-1899.2%
-4500.4%
IE

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
CAMP
CAMP
IE
IE
Revenue
$795.0K
$896.0K
Net Profit
$-15.1M
$-40.3M
Gross Margin
69.5%
Operating Margin
-1717.1%
-4167.7%
Net Margin
-1899.2%
-4500.4%
Revenue YoY
-32.7%
Net Profit YoY
-12.0%
-318.3%
EPS (diluted)
$-0.55
$0.24

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
CAMP
CAMP
IE
IE
Q4 25
$896.0K
Q3 25
$795.0K
$545.0K
Q2 25
$1.5M
$1.1M
Q1 25
$858.0K
$735.0K
Q4 24
$1.3M
Q3 24
$0
$671.0K
Q2 24
$538.0K
Q1 24
$360.0K
Net Profit
CAMP
CAMP
IE
IE
Q4 25
$-40.3M
Q3 25
$-15.1M
$-17.5M
Q2 25
$-12.6M
$-23.9M
Q1 25
$-12.4M
$-34.1M
Q4 24
$18.5M
Q3 24
$-13.5M
$-43.2M
Q2 24
$-46.8M
Q1 24
$-60.1M
Gross Margin
CAMP
CAMP
IE
IE
Q4 25
69.5%
Q3 25
51.2%
Q2 25
72.5%
Q1 25
60.1%
Q4 24
64.7%
Q3 24
61.8%
Q2 24
64.3%
Q1 24
72.2%
Operating Margin
CAMP
CAMP
IE
IE
Q4 25
-4167.7%
Q3 25
-1717.1%
-4328.3%
Q2 25
-870.3%
-2400.3%
Q1 25
-1526.8%
-3674.0%
Q4 24
-2229.4%
Q3 24
-6233.8%
Q2 24
-9023.4%
Q1 24
-15800.3%
Net Margin
CAMP
CAMP
IE
IE
Q4 25
-4500.4%
Q3 25
-1899.2%
-3214.9%
Q2 25
-840.8%
-2233.2%
Q1 25
-1449.1%
-4645.0%
Q4 24
1386.6%
Q3 24
-6443.5%
Q2 24
-8695.7%
Q1 24
-16693.1%
EPS (diluted)
CAMP
CAMP
IE
IE
Q4 25
$0.24
Q3 25
$-0.55
$0.13
Q2 25
$-0.62
$0.18
Q1 25
$-0.62
$0.24
Q4 24
$-0.14
Q3 24
$-24.19
$0.36
Q2 24
$0.39
Q1 24
$0.46

Balance Sheet & Financial Strength

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

Metric
CAMP
CAMP
IE
IE
Cash + ST InvestmentsLiquidity on hand
$75.3M
$173.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$58.7M
$416.1M
Total Assets
$86.4M
$483.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CAMP
CAMP
IE
IE
Q4 25
$173.3M
Q3 25
$75.3M
$69.5M
Q2 25
$39.1M
$88.0M
Q1 25
$49.3M
$98.2M
Q4 24
$41.0M
Q3 24
$2.5M
$81.1M
Q2 24
$133.8M
Q1 24
$179.4M
Stockholders' Equity
CAMP
CAMP
IE
IE
Q4 25
$416.1M
Q3 25
$58.7M
$280.1M
Q2 25
$40.0M
$293.3M
Q1 25
$51.6M
$307.0M
Q4 24
$268.6M
Q3 24
$-159.0M
$250.1M
Q2 24
$289.2M
Q1 24
$331.5M
Total Assets
CAMP
CAMP
IE
IE
Q4 25
$483.3M
Q3 25
$86.4M
$386.2M
Q2 25
$51.3M
$400.5M
Q1 25
$62.8M
$414.4M
Q4 24
$374.9M
Q3 24
$21.4M
$375.4M
Q2 24
$416.3M
Q1 24
$461.2M

Cash Flow & Capital Efficiency

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

Metric
CAMP
CAMP
IE
IE
Operating Cash FlowLast quarter
$-11.2M
$-25.7M
Free Cash FlowOCF − Capex
$-25.7M
FCF MarginFCF / Revenue
-2872.8%
Capex IntensityCapex / Revenue
0.0%
4.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-90.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CAMP
CAMP
IE
IE
Q4 25
$-25.7M
Q3 25
$-11.2M
$-27.7M
Q2 25
$-10.3M
$-20.0M
Q1 25
$-14.3M
$-15.8M
Q4 24
$-30.7M
Q3 24
$-36.9M
Q2 24
$-44.5M
Q1 24
$-50.0M
Free Cash Flow
CAMP
CAMP
IE
IE
Q4 25
$-25.7M
Q3 25
$-27.8M
Q2 25
$-21.3M
Q1 25
$-14.6M
$-15.8M
Q4 24
$-32.4M
Q3 24
$-36.9M
Q2 24
$-45.0M
Q1 24
$-50.6M
FCF Margin
CAMP
CAMP
IE
IE
Q4 25
-2872.8%
Q3 25
-5103.9%
Q2 25
-1990.1%
Q1 25
-1697.6%
-2146.5%
Q4 24
-2432.4%
Q3 24
-5506.6%
Q2 24
-8372.9%
Q1 24
-14064.2%
Capex Intensity
CAMP
CAMP
IE
IE
Q4 25
4.1%
Q3 25
0.0%
16.9%
Q2 25
0.0%
117.6%
Q1 25
32.5%
0.3%
Q4 24
127.3%
Q3 24
8.8%
Q2 24
93.7%
Q1 24
186.7%
Cash Conversion
CAMP
CAMP
IE
IE
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
-1.66×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Related Comparisons