vs

Side-by-side financial comparison of Currenc Group Inc. (CURR) and IMMUCELL CORP (ICCC). Click either name above to swap in a different company.

Currenc Group Inc. is the larger business by last-quarter revenue ($10.1M vs $5.5M, roughly 1.8× IMMUCELL CORP). IMMUCELL CORP runs the higher net margin — -2.5% vs -46.5%, a 43.9% gap on every dollar of revenue. On growth, IMMUCELL CORP posted the faster year-over-year revenue change (-8.4% vs -23.3%). Currenc Group Inc. produced more free cash flow last quarter ($-1.7M vs $-1.8M).

ImmuCell Corp is a US-based animal health biotechnology company that develops, manufactures and markets innovative products for livestock, primarily dairy cattle. Its core offerings include preventive and therapeutic solutions for common bovine health issues such as mastitis, serving agricultural producers and veterinary providers across North America.

CURR vs ICCC — Head-to-Head

Bigger by revenue
CURR
CURR
1.8× larger
CURR
$10.1M
$5.5M
ICCC
Growing faster (revenue YoY)
ICCC
ICCC
+14.9% gap
ICCC
-8.4%
-23.3%
CURR
Higher net margin
ICCC
ICCC
43.9% more per $
ICCC
-2.5%
-46.5%
CURR
More free cash flow
CURR
CURR
$113.4K more FCF
CURR
$-1.7M
$-1.8M
ICCC

Income Statement — Q1 FY2025 vs Q3 FY2025

Metric
CURR
CURR
ICCC
ICCC
Revenue
$10.1M
$5.5M
Net Profit
$-4.7M
$-139.7K
Gross Margin
31.8%
42.9%
Operating Margin
-43.0%
0.4%
Net Margin
-46.5%
-2.5%
Revenue YoY
-23.3%
-8.4%
Net Profit YoY
-54.0%
80.1%
EPS (diluted)
$-0.13
$-0.02

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
CURR
CURR
ICCC
ICCC
Q3 25
$5.5M
Q2 25
$6.4M
Q1 25
$10.1M
$8.1M
Q4 24
$7.8M
Q3 24
$11.3M
$6.0M
Q2 24
$5.5M
Q1 24
$13.1M
$7.3M
Q4 23
$5.1M
Net Profit
CURR
CURR
ICCC
ICCC
Q3 25
$-139.7K
Q2 25
$501.9K
Q1 25
$-4.7M
$1.4M
Q4 24
Q3 24
$-5.0M
$-701.7K
Q2 24
$-1.5M
Q1 24
$-3.0M
$-437.9K
Q4 23
Gross Margin
CURR
CURR
ICCC
ICCC
Q3 25
42.9%
Q2 25
43.7%
Q1 25
31.8%
41.6%
Q4 24
36.5%
Q3 24
27.8%
26.3%
Q2 24
22.5%
Q1 24
33.6%
31.6%
Q4 23
24.7%
Operating Margin
CURR
CURR
ICCC
ICCC
Q3 25
0.4%
Q2 25
8.8%
Q1 25
-43.0%
13.9%
Q4 24
8.0%
Q3 24
-141.5%
-9.6%
Q2 24
-25.3%
Q1 24
-10.8%
-4.1%
Q4 23
-19.7%
Net Margin
CURR
CURR
ICCC
ICCC
Q3 25
-2.5%
Q2 25
7.8%
Q1 25
-46.5%
17.9%
Q4 24
Q3 24
-44.1%
-11.7%
Q2 24
-28.0%
Q1 24
-23.2%
-6.0%
Q4 23
EPS (diluted)
CURR
CURR
ICCC
ICCC
Q3 25
$-0.02
Q2 25
$0.06
Q1 25
$-0.13
$0.16
Q4 24
$0.09
Q3 24
$-0.13
$-0.09
Q2 24
$-0.20
Q1 24
$-0.09
$-0.06
Q4 23
$-0.15

Balance Sheet & Financial Strength

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

Metric
CURR
CURR
ICCC
ICCC
Cash + ST InvestmentsLiquidity on hand
$62.3M
$3.9M
Total DebtLower is stronger
$3.7M
$9.5M
Stockholders' EquityBook value
$-68.4M
$29.8M
Total Assets
$110.8M
$45.7M
Debt / EquityLower = less leverage
0.32×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CURR
CURR
ICCC
ICCC
Q3 25
$3.9M
Q2 25
Q1 25
$62.3M
Q4 24
$3.8M
Q3 24
$49.1M
Q2 24
$1.3M
Q1 24
$960.3K
Q4 23
$978.7K
Total Debt
CURR
CURR
ICCC
ICCC
Q3 25
$9.5M
Q2 25
Q1 25
$3.7M
$8.7M
Q4 24
$9.0M
Q3 24
$20.1M
$9.4M
Q2 24
$9.8M
Q1 24
$10.2M
Q4 23
$10.5M
Stockholders' Equity
CURR
CURR
ICCC
ICCC
Q3 25
$29.8M
Q2 25
$29.9M
Q1 25
$-68.4M
$29.0M
Q4 24
$27.5M
Q3 24
$-47.0M
$26.4M
Q2 24
$23.5M
Q1 24
$-10.9M
$24.6M
Q4 23
$25.0M
Total Assets
CURR
CURR
ICCC
ICCC
Q3 25
$45.7M
Q2 25
$46.7M
Q1 25
$110.8M
$45.6M
Q4 24
$45.1M
Q3 24
$115.0M
$44.4M
Q2 24
$41.9M
Q1 24
$54.5M
$43.1M
Q4 23
$43.8M
Debt / Equity
CURR
CURR
ICCC
ICCC
Q3 25
0.32×
Q2 25
Q1 25
0.30×
Q4 24
0.33×
Q3 24
0.36×
Q2 24
0.42×
Q1 24
0.41×
Q4 23
0.42×

Cash Flow & Capital Efficiency

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

Metric
CURR
CURR
ICCC
ICCC
Operating Cash FlowLast quarter
$-1.5M
$-1.2M
Free Cash FlowOCF − Capex
$-1.7M
$-1.8M
FCF MarginFCF / Revenue
-16.5%
-32.3%
Capex IntensityCapex / Revenue
1.7%
10.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$715.4K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CURR
CURR
ICCC
ICCC
Q3 25
$-1.2M
Q2 25
$1.6M
Q1 25
$-1.5M
$1.6M
Q4 24
$-3.1K
Q3 24
$-11.3M
$-639.3K
Q2 24
$581.8K
Q1 24
$-221.0K
$418.5K
Q4 23
$-723.1K
Free Cash Flow
CURR
CURR
ICCC
ICCC
Q3 25
$-1.8M
Q2 25
$1.4M
Q1 25
$-1.7M
$1.2M
Q4 24
$-199.3K
Q3 24
$-727.7K
Q2 24
$471.0K
Q1 24
$-233.0K
$348.1K
Q4 23
$-804.4K
FCF Margin
CURR
CURR
ICCC
ICCC
Q3 25
-32.3%
Q2 25
22.4%
Q1 25
-16.5%
15.4%
Q4 24
-2.6%
Q3 24
-12.1%
Q2 24
8.6%
Q1 24
-1.8%
4.8%
Q4 23
-15.8%
Capex Intensity
CURR
CURR
ICCC
ICCC
Q3 25
10.8%
Q2 25
2.4%
Q1 25
1.7%
4.1%
Q4 24
2.5%
Q3 24
1.5%
Q2 24
2.0%
Q1 24
0.1%
1.0%
Q4 23
1.6%
Cash Conversion
CURR
CURR
ICCC
ICCC
Q3 25
Q2 25
3.19×
Q1 25
1.09×
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23

Financial Flow Comparison

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

Revenue Breakdown by Segment

CURR
CURR

Sales Of Airtime$5.5M54%
Fiat Remittance Service$4.4M44%

ICCC
ICCC

Segment breakdown not available.

Related Comparisons