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Side-by-side financial comparison of Canaan Inc. (CAN) and Venus Concept Inc. (VERO). Click either name above to swap in a different company.
Canaan Inc. is the larger business by last-quarter revenue ($20.8M vs $13.8M, roughly 1.5× Venus Concept Inc.). Canaan Inc. runs the higher net margin — -18.4% vs -163.8%, a 145.4% gap on every dollar of revenue.
Canaan Inc., doing business as Canaan Creative and known simply as Canaan, is a Singapore-based computer hardware manufacturer. Established in 2013 by N.G. Zhang, Canaan specializes in Blockchain servers and ASIC microprocessors for use in bitcoin mining.
Venus Concept Inc is a global medical technology firm specializing in the development, manufacturing, and distribution of non-invasive and minimally invasive aesthetic medical devices. Its product portfolio covers hair removal, skin rejuvenation, body contouring, and anti-aging solutions, serving dermatology clinics, plastic surgery centers, and medical spas across North America, Europe, and Asia Pacific markets.
CAN vs VERO — Head-to-Head
Income Statement — Q3 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $20.8M | $13.8M |
| Net Profit | $-3.8M | $-22.6M |
| Gross Margin | 99.9% | 64.0% |
| Operating Margin | -15.9% | -68.9% |
| Net Margin | -18.4% | -163.8% |
| Revenue YoY | — | -8.2% |
| Net Profit YoY | — | -143.0% |
| EPS (diluted) | $-0.05 | $-12.14 |
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 | $20.8M | — | ||
| Q3 25 | $13.8M | $13.8M | ||
| Q2 25 | $11.4M | $15.7M | ||
| Q1 25 | — | $13.6M | ||
| Q4 24 | — | $15.8M | ||
| Q3 24 | $10.2M | $15.0M | ||
| Q2 24 | $4.8M | $16.6M | ||
| Q1 24 | — | $17.5M |
| Q4 25 | $-3.8M | — | ||
| Q3 25 | $-1.5M | $-22.6M | ||
| Q2 25 | $-11.9M | $-11.7M | ||
| Q1 25 | — | $-12.4M | ||
| Q4 24 | — | $-8.0M | ||
| Q3 24 | $-10.4M | $-9.3M | ||
| Q2 24 | $-5.4M | $-20.0M | ||
| Q1 24 | — | $-9.8M |
| Q4 25 | 99.9% | — | ||
| Q3 25 | 99.9% | 64.0% | ||
| Q2 25 | 99.9% | 60.1% | ||
| Q1 25 | — | 64.2% | ||
| Q4 24 | — | 69.1% | ||
| Q3 24 | 99.9% | 66.1% | ||
| Q2 24 | 99.8% | 71.5% | ||
| Q1 24 | — | 66.6% |
| Q4 25 | -15.9% | — | ||
| Q3 25 | -27.0% | -68.9% | ||
| Q2 25 | -45.5% | -57.6% | ||
| Q1 25 | — | -69.8% | ||
| Q4 24 | — | -42.3% | ||
| Q3 24 | -77.2% | -47.7% | ||
| Q2 24 | -193.9% | -33.7% | ||
| Q1 24 | — | -44.4% |
| Q4 25 | -18.4% | — | ||
| Q3 25 | -11.0% | -163.8% | ||
| Q2 25 | -104.4% | -74.7% | ||
| Q1 25 | — | -90.6% | ||
| Q4 24 | — | -50.5% | ||
| Q3 24 | -102.7% | -61.9% | ||
| Q2 24 | -112.3% | -120.3% | ||
| Q1 24 | — | -56.0% |
| Q4 25 | $-0.05 | — | ||
| Q3 25 | $-0.02 | $-12.14 | ||
| Q2 25 | $-0.25 | $-8.03 | ||
| Q1 25 | — | $-17.44 | ||
| Q4 24 | — | $-10.26 | ||
| Q3 24 | — | $-13.10 | ||
| Q2 24 | — | $-30.93 | ||
| Q1 24 | — | $-16.92 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $4.3M |
| Total DebtLower is stronger | $6.2M | — |
| Stockholders' EquityBook value | $52.4M | $2.7M |
| Total Assets | $92.5M | $61.6M |
| Debt / EquityLower = less leverage | 0.12× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | — | $4.3M | ||
| Q2 25 | — | $3.9M | ||
| Q1 25 | — | $3.2M | ||
| Q4 24 | — | $4.3M | ||
| Q3 24 | — | $4.5M | ||
| Q2 24 | — | $5.7M | ||
| Q1 24 | — | $5.1M |
| Q4 25 | $6.2M | — | ||
| Q3 25 | $6.2M | — | ||
| Q2 25 | $6.2M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $52.4M | — | ||
| Q3 25 | $44.7M | $2.7M | ||
| Q2 25 | $33.8M | $2.3M | ||
| Q1 25 | — | $2.3M | ||
| Q4 24 | — | $2.4M | ||
| Q3 24 | $43.6M | $10.1M | ||
| Q2 24 | $56.8M | $3.7M | ||
| Q1 24 | — | $-22.5M |
| Q4 25 | $92.5M | — | ||
| Q3 25 | $81.7M | $61.6M | ||
| Q2 25 | $78.0M | $63.1M | ||
| Q1 25 | — | $63.5M | ||
| Q4 24 | — | $68.2M | ||
| Q3 24 | $69.3M | $72.3M | ||
| Q2 24 | $73.7M | $79.8M | ||
| Q1 24 | — | $85.1M |
| Q4 25 | 0.12× | — | ||
| Q3 25 | 0.14× | — | ||
| Q2 25 | 0.18× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $-4.9M |
| Free Cash FlowOCF − Capex | — | $-4.9M |
| FCF MarginFCF / Revenue | — | -35.6% |
| Capex IntensityCapex / Revenue | — | 0.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-20.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | — | $-4.9M | ||
| Q2 25 | — | $-5.4M | ||
| Q1 25 | — | $-6.3M | ||
| Q4 24 | — | $-3.8M | ||
| Q3 24 | — | $-3.0M | ||
| Q2 24 | — | $-1.3M | ||
| Q1 24 | — | $-2.9M |
| Q4 25 | — | — | ||
| Q3 25 | — | $-4.9M | ||
| Q2 25 | — | $-5.6M | ||
| Q1 25 | — | $-6.3M | ||
| Q4 24 | — | $-3.9M | ||
| Q3 24 | — | $-3.1M | ||
| Q2 24 | — | $-1.4M | ||
| Q1 24 | — | $-2.9M |
| Q4 25 | — | — | ||
| Q3 25 | — | -35.6% | ||
| Q2 25 | — | -35.8% | ||
| Q1 25 | — | -46.5% | ||
| Q4 24 | — | -24.7% | ||
| Q3 24 | — | -20.3% | ||
| Q2 24 | — | -8.2% | ||
| Q1 24 | — | -16.6% |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.1% | ||
| Q2 25 | — | 1.0% | ||
| Q1 25 | — | 0.3% | ||
| Q4 24 | — | 0.5% | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | 0.1% | ||
| Q1 24 | — | 0.1% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CAN
Segment breakdown not available.
VERO
| Products And Services | $10.8M | 79% |
| Leases | $2.9M | 21% |
