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Side-by-side financial comparison of Criteo S.A. (CRTO) and PicoCELA Inc. (PCLA). Click either name above to swap in a different company.
Criteo S.A. is the larger business by last-quarter revenue ($482.7M vs $252.6M, roughly 1.9× PicoCELA Inc.). Criteo S.A. runs the higher net margin — 4.4% vs -125.2%, a 129.6% gap on every dollar of revenue. Criteo S.A. produced more free cash flow last quarter ($-36.6M vs $-256.6M).
Criteo S.A. is an advertising company that provides online display advertisements. The company was founded and is headquartered in Paris, France.
PicoCELA Inc. is a global technology company specializing in low-power, high-reliability wireless connectivity solutions, including Wi-Fi HaLow modules and edge network infrastructure. It caters to industrial IoT, smart city, retail, and smart home segments, with a primary operational footprint across Asia, North America, and European markets.
CRTO vs PCLA — Head-to-Head
Income Statement — Q2 FY2025 vs Q2 FY2025
| Metric | | |
|---|---|---|
| Revenue | $482.7M | $252.6M |
| Net Profit | $21.3M | $-316.2M |
| Gross Margin | 53.6% | — |
| Operating Margin | 6.3% | -114.8% |
| Net Margin | 4.4% | -125.2% |
| Revenue YoY | 2.4% | — |
| Net Profit YoY | -21.3% | — |
| EPS (diluted) | $0.39 | — |
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.
| Q2 25 | $482.7M | — | ||
| Q1 25 | $451.4M | $252.6M | ||
| Q4 24 | $553.0M | — | ||
| Q3 24 | $458.9M | — | ||
| Q2 24 | $471.3M | — | ||
| Q1 24 | $450.1M | — | ||
| Q4 23 | $566.3M | — | ||
| Q3 23 | $469.2M | — |
| Q2 25 | $21.3M | — | ||
| Q1 25 | $37.9M | $-316.2M | ||
| Q4 24 | $71.1M | — | ||
| Q3 24 | $6.2M | — | ||
| Q2 24 | $27.0M | — | ||
| Q1 24 | $7.2M | — | ||
| Q4 23 | $61.0M | — | ||
| Q3 23 | $6.9M | — |
| Q2 25 | 53.6% | — | ||
| Q1 25 | 52.5% | — | ||
| Q4 24 | 54.4% | — | ||
| Q3 24 | 50.5% | — | ||
| Q2 24 | 49.4% | — | ||
| Q1 24 | 48.3% | — | ||
| Q4 23 | 48.8% | — | ||
| Q3 23 | 43.7% | — |
| Q2 25 | 6.3% | — | ||
| Q1 25 | 10.7% | -114.8% | ||
| Q4 24 | 17.1% | — | ||
| Q3 24 | 2.1% | — | ||
| Q2 24 | 7.8% | — | ||
| Q1 24 | 2.3% | — | ||
| Q4 23 | 15.6% | — | ||
| Q3 23 | 2.4% | — |
| Q2 25 | 4.4% | — | ||
| Q1 25 | 8.4% | -125.2% | ||
| Q4 24 | 12.9% | — | ||
| Q3 24 | 1.4% | — | ||
| Q2 24 | 5.7% | — | ||
| Q1 24 | 1.6% | — | ||
| Q4 23 | 10.8% | — | ||
| Q3 23 | 1.5% | — |
| Q2 25 | $0.39 | — | ||
| Q1 25 | $0.66 | — | ||
| Q4 24 | $1.21 | — | ||
| Q3 24 | $0.11 | — | ||
| Q2 24 | $0.46 | — | ||
| Q1 24 | $0.12 | — | ||
| Q4 23 | $1.02 | — | ||
| Q3 23 | $0.12 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $223.6M | $456.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.1B | $354.8M |
| Total Assets | $2.1B | $1.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q2 25 | $223.6M | — | ||
| Q1 25 | $313.2M | $456.8M | ||
| Q4 24 | $316.9M | — | ||
| Q3 24 | $231.8M | — | ||
| Q2 24 | $233.2M | — | ||
| Q1 24 | $278.1M | — | ||
| Q4 23 | $342.3M | — | ||
| Q3 23 | $215.9M | — |
| Q2 25 | $1.1B | — | ||
| Q1 25 | $1.1B | $354.8M | ||
| Q4 24 | $1.0B | — | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $1.0B | — | ||
| Q1 24 | $1.0B | — | ||
| Q4 23 | $1.1B | — | ||
| Q3 23 | $1.0B | — |
| Q2 25 | $2.1B | — | ||
| Q1 25 | $2.1B | $1.2B | ||
| Q4 24 | $2.3B | — | ||
| Q3 24 | $2.2B | — | ||
| Q2 24 | $2.2B | — | ||
| Q1 24 | $2.2B | — | ||
| Q4 23 | $2.4B | — | ||
| Q3 23 | $2.1B | — |
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 | $-1.4M | $-245.6M |
| Free Cash FlowOCF − Capex | $-36.6M | $-256.6M |
| FCF MarginFCF / Revenue | -7.6% | -101.6% |
| Capex IntensityCapex / Revenue | 7.3% | 4.3% |
| Cash ConversionOCF / Net Profit | -0.07× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q2 25 | $-1.4M | — | ||
| Q1 25 | $62.3M | $-245.6M | ||
| Q4 24 | $169.5M | — | ||
| Q3 24 | $57.5M | — | ||
| Q2 24 | $17.2M | — | ||
| Q1 24 | $14.0M | — | ||
| Q4 23 | $161.3M | — | ||
| Q3 23 | $19.6M | — |
| Q2 25 | $-36.6M | — | ||
| Q1 25 | $45.3M | $-256.6M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $-4.0M | — | ||
| Q1 24 | $173.0K | — | ||
| Q4 23 | — | — | ||
| Q3 23 | — | — |
| Q2 25 | -7.6% | — | ||
| Q1 25 | 10.0% | -101.6% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -0.9% | — | ||
| Q1 24 | 0.0% | — | ||
| Q4 23 | — | — | ||
| Q3 23 | — | — |
| Q2 25 | 7.3% | — | ||
| Q1 25 | 3.8% | 4.3% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 4.5% | — | ||
| Q1 24 | 3.1% | — | ||
| Q4 23 | — | — | ||
| Q3 23 | — | — |
| Q2 25 | -0.07× | — | ||
| Q1 25 | 1.64× | — | ||
| Q4 24 | 2.38× | — | ||
| Q3 24 | 9.21× | — | ||
| Q2 24 | 0.64× | — | ||
| Q1 24 | 1.93× | — | ||
| Q4 23 | 2.64× | — | ||
| Q3 23 | 2.83× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CRTO
| Commerce Growth | $393.9M | 82% |
| Retail Media | $60.9M | 13% |
| Other | $27.9M | 6% |
PCLA
| Revenue from product | $179.1M | 71% |
| Revenue from SaaS, Maintenance and others | $42.4M | 17% |
| Revenue from product – related party | $31.0M | 12% |
