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Side-by-side financial comparison of Certara, Inc. (CERT) and FULL HOUSE RESORTS INC (FLL). Click either name above to swap in a different company.

Certara, Inc. is the larger business by last-quarter revenue ($103.6M vs $75.4M, roughly 1.4× FULL HOUSE RESORTS INC). Certara, Inc. runs the higher net margin — -5.7% vs -16.4%, a 10.7% gap on every dollar of revenue. On growth, FULL HOUSE RESORTS INC posted the faster year-over-year revenue change (3.4% vs 3.3%). Certara, Inc. produced more free cash flow last quarter ($27.8M vs $10.7M). Over the past eight quarters, FULL HOUSE RESORTS INC's revenue compounded faster (3.9% CAGR vs 3.6%).

Certara is a global leader in biopharmaceutical software and consulting services, specializing in modeling, simulation, and regulatory science solutions. It serves pharmaceutical companies, biotech firms and healthcare stakeholders across all drug development stages, helping accelerate new therapy launches, lower R&D risks and cut overall development costs.

Full House Resorts, Inc. is an American casino developer and operator based in Summerlin South, Nevada. The company currently operates five casinos. It is known for the involvement of Gulfstream Aerospace founder Allen Paulson, who was CEO from 1994 to 2000, and former Chrysler chairman Lee Iacocca, who was a major investor in the company from 1995 to 2013. Dan Lee has been CEO since late 2014.

CERT vs FLL — Head-to-Head

Bigger by revenue
CERT
CERT
1.4× larger
CERT
$103.6M
$75.4M
FLL
Growing faster (revenue YoY)
FLL
FLL
+0.1% gap
FLL
3.4%
3.3%
CERT
Higher net margin
CERT
CERT
10.7% more per $
CERT
-5.7%
-16.4%
FLL
More free cash flow
CERT
CERT
$17.1M more FCF
CERT
$27.8M
$10.7M
FLL
Faster 2-yr revenue CAGR
FLL
FLL
Annualised
FLL
3.9%
3.6%
CERT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CERT
CERT
FLL
FLL
Revenue
$103.6M
$75.4M
Net Profit
$-5.9M
$-12.4M
Gross Margin
93.1%
Operating Margin
0.8%
-1.3%
Net Margin
-5.7%
-16.4%
Revenue YoY
3.3%
3.4%
Net Profit YoY
-189.6%
-0.6%
EPS (diluted)
$-0.04
$-0.35

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
CERT
CERT
FLL
FLL
Q4 25
$103.6M
$75.4M
Q3 25
$104.6M
$78.0M
Q2 25
$104.6M
$73.9M
Q1 25
$106.0M
$75.1M
Q4 24
$100.4M
$73.0M
Q3 24
$94.8M
$75.7M
Q2 24
$93.3M
$73.5M
Q1 24
$96.7M
$69.9M
Net Profit
CERT
CERT
FLL
FLL
Q4 25
$-5.9M
$-12.4M
Q3 25
$1.5M
$-7.7M
Q2 25
$-2.0M
$-10.4M
Q1 25
$4.7M
$-9.8M
Q4 24
$6.6M
$-12.3M
Q3 24
$-1.4M
$-8.5M
Q2 24
$-12.6M
$-8.6M
Q1 24
$-4.7M
$-11.3M
Gross Margin
CERT
CERT
FLL
FLL
Q4 25
93.1%
Q3 25
93.2%
Q2 25
93.5%
Q1 25
93.4%
Q4 24
92.1%
Q3 24
92.2%
Q2 24
92.4%
Q1 24
92.3%
Operating Margin
CERT
CERT
FLL
FLL
Q4 25
0.8%
-1.3%
Q3 25
2.9%
4.4%
Q2 25
9.1%
-0.1%
Q1 25
7.2%
1.0%
Q4 24
6.0%
-1.9%
Q3 24
2.7%
3.2%
Q2 24
-9.7%
3.2%
Q1 24
-1.3%
-0.9%
Net Margin
CERT
CERT
FLL
FLL
Q4 25
-5.7%
-16.4%
Q3 25
1.5%
-9.8%
Q2 25
-1.9%
-14.0%
Q1 25
4.5%
-13.0%
Q4 24
6.6%
-16.9%
Q3 24
-1.4%
-11.2%
Q2 24
-13.5%
-11.7%
Q1 24
-4.8%
-16.1%
EPS (diluted)
CERT
CERT
FLL
FLL
Q4 25
$-0.04
$-0.35
Q3 25
$0.01
$-0.21
Q2 25
$-0.01
$-0.29
Q1 25
$0.03
$-0.27
Q4 24
$0.04
$-0.34
Q3 24
$-0.01
$-0.24
Q2 24
$-0.08
$-0.25
Q1 24
$-0.03
$-0.33

Balance Sheet & Financial Strength

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

Metric
CERT
CERT
FLL
FLL
Cash + ST InvestmentsLiquidity on hand
$189.4M
$40.7M
Total DebtLower is stronger
$293.1M
$473.6M
Stockholders' EquityBook value
$1.1B
$2.5M
Total Assets
$1.6B
$649.8M
Debt / EquityLower = less leverage
0.28×
186.62×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CERT
CERT
FLL
FLL
Q4 25
$189.4M
$40.7M
Q3 25
$172.7M
$30.9M
Q2 25
$162.3M
$32.1M
Q1 25
$179.1M
$30.7M
Q4 24
$179.2M
$40.2M
Q3 24
$233.0M
$25.9M
Q2 24
$224.6M
$31.1M
Q1 24
$224.8M
$25.7M
Total Debt
CERT
CERT
FLL
FLL
Q4 25
$293.1M
$473.6M
Q3 25
$293.5M
$473.1M
Q2 25
$294.2M
$467.5M
Q1 25
$294.8M
$471.7M
Q4 24
$295.4M
$468.1M
Q3 24
$296.1M
$467.4M
Q2 24
$296.7M
$466.6M
Q1 24
$290.8M
$465.9M
Stockholders' Equity
CERT
CERT
FLL
FLL
Q4 25
$1.1B
$2.5M
Q3 25
$1.1B
$14.2M
Q2 25
$1.1B
$21.2M
Q1 25
$1.1B
$31.0M
Q4 24
$1.1B
$40.5M
Q3 24
$1.1B
$51.8M
Q2 24
$1.0B
$59.5M
Q1 24
$1.1B
$67.3M
Total Assets
CERT
CERT
FLL
FLL
Q4 25
$1.6B
$649.8M
Q3 25
$1.5B
$644.4M
Q2 25
$1.5B
$651.5M
Q1 25
$1.6B
$657.2M
Q4 24
$1.6B
$673.3M
Q3 24
$1.5B
$668.7M
Q2 24
$1.5B
$673.9M
Q1 24
$1.5B
$670.4M
Debt / Equity
CERT
CERT
FLL
FLL
Q4 25
0.28×
186.62×
Q3 25
0.28×
33.30×
Q2 25
0.27×
22.04×
Q1 25
0.27×
15.22×
Q4 24
0.28×
11.56×
Q3 24
0.28×
9.02×
Q2 24
0.28×
7.85×
Q1 24
0.28×
6.92×

Cash Flow & Capital Efficiency

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

Metric
CERT
CERT
FLL
FLL
Operating Cash FlowLast quarter
$28.8M
$12.0M
Free Cash FlowOCF − Capex
$27.8M
$10.7M
FCF MarginFCF / Revenue
26.8%
14.1%
Capex IntensityCapex / Revenue
1.0%
1.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$94.4M
$-2.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CERT
CERT
FLL
FLL
Q4 25
$28.8M
$12.0M
Q3 25
$32.3M
$-472.0K
Q2 25
$17.8M
$7.9M
Q1 25
$17.4M
$-9.5M
Q4 24
$49.4M
$14.8M
Q3 24
$17.0M
$-6.7M
Q2 24
$9.8M
$10.1M
Q1 24
$4.3M
$-4.4M
Free Cash Flow
CERT
CERT
FLL
FLL
Q4 25
$27.8M
$10.7M
Q3 25
$32.1M
$-5.5M
Q2 25
$17.8M
$4.5M
Q1 25
$16.8M
$-12.3M
Q4 24
$49.0M
$6.9M
Q3 24
$16.8M
$-17.4M
Q2 24
$9.4M
$-1.2M
Q1 24
$3.7M
$-27.0M
FCF Margin
CERT
CERT
FLL
FLL
Q4 25
26.8%
14.1%
Q3 25
30.7%
-7.1%
Q2 25
17.0%
6.1%
Q1 25
15.8%
-16.4%
Q4 24
48.8%
9.4%
Q3 24
17.7%
-23.0%
Q2 24
10.1%
-1.6%
Q1 24
3.8%
-38.7%
Capex Intensity
CERT
CERT
FLL
FLL
Q4 25
1.0%
1.8%
Q3 25
0.2%
6.5%
Q2 25
0.1%
4.5%
Q1 25
0.6%
3.8%
Q4 24
0.4%
10.9%
Q3 24
0.2%
14.1%
Q2 24
0.5%
15.4%
Q1 24
0.6%
32.4%
Cash Conversion
CERT
CERT
FLL
FLL
Q4 25
Q3 25
21.19×
Q2 25
Q1 25
3.66×
Q4 24
7.51×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

CERT
CERT

Segment breakdown not available.

FLL
FLL

Midwest And South$58.2M77%
Food And Beverage$9.7M13%
Other Operations$3.6M5%
Other$2.3M3%
Contracted Sports Wagering$1.7M2%

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