vs

Side-by-side financial comparison of Currenc Group Inc. (CURR) and Lineage Cell Therapeutics, Inc. (LCTX). Click either name above to swap in a different company.

Currenc Group Inc. is the larger business by last-quarter revenue ($10.1M vs $6.6M, roughly 1.5× Lineage Cell Therapeutics, Inc.). Lineage Cell Therapeutics, Inc. runs the higher net margin — 12.9% vs -46.5%, a 59.4% gap on every dollar of revenue. On growth, Lineage Cell Therapeutics, Inc. posted the faster year-over-year revenue change (130.4% vs -23.3%). Currenc Group Inc. produced more free cash flow last quarter ($-1.7M vs $-5.3M).

Lineage Cell Therapeutics, Inc. is a clinical-stage biotechnology company developing novel cell therapies for unmet medical needs. Lineage’s programs are based on its robust proprietary cell-based therapy platform and associated in-house development and manufacturing capabilities. With this platform, Lineage develops and manufactures specialized, terminally differentiated human cells from its pluripotent and progenitor cell starting materials. These differentiated cells are developed to eithe...

CURR vs LCTX — Head-to-Head

Bigger by revenue
CURR
CURR
1.5× larger
CURR
$10.1M
$6.6M
LCTX
Growing faster (revenue YoY)
LCTX
LCTX
+153.7% gap
LCTX
130.4%
-23.3%
CURR
Higher net margin
LCTX
LCTX
59.4% more per $
LCTX
12.9%
-46.5%
CURR
More free cash flow
CURR
CURR
$3.6M more FCF
CURR
$-1.7M
$-5.3M
LCTX

Income Statement — Q1 FY2025 vs Q4 FY2025

Metric
CURR
CURR
LCTX
LCTX
Revenue
$10.1M
$6.6M
Net Profit
$-4.7M
$851.0K
Gross Margin
31.8%
Operating Margin
-43.0%
-99.1%
Net Margin
-46.5%
12.9%
Revenue YoY
-23.3%
130.4%
Net Profit YoY
-54.0%
126.0%
EPS (diluted)
$-0.13
$0.00

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
LCTX
LCTX
Q4 25
$6.6M
Q3 25
$3.7M
Q2 25
$2.8M
Q1 25
$10.1M
$1.5M
Q4 24
$2.9M
Q3 24
$11.3M
$3.8M
Q2 24
$1.4M
Q1 24
$13.1M
$1.4M
Net Profit
CURR
CURR
LCTX
LCTX
Q4 25
$851.0K
Q3 25
$-29.8M
Q2 25
$-30.5M
Q1 25
$-4.7M
$-4.1M
Q4 24
$-3.3M
Q3 24
$-5.0M
$-3.0M
Q2 24
$-5.8M
Q1 24
$-3.0M
$-6.5M
Gross Margin
CURR
CURR
LCTX
LCTX
Q4 25
Q3 25
Q2 25
Q1 25
31.8%
97.6%
Q4 24
94.6%
Q3 24
27.8%
99.0%
Q2 24
96.9%
Q1 24
33.6%
93.2%
Operating Margin
CURR
CURR
LCTX
LCTX
Q4 25
-99.1%
Q3 25
-102.9%
Q2 25
-715.4%
Q1 25
-43.0%
-433.1%
Q4 24
-178.2%
Q3 24
-141.5%
-101.6%
Q2 24
-416.7%
Q1 24
-10.8%
-461.3%
Net Margin
CURR
CURR
LCTX
LCTX
Q4 25
12.9%
Q3 25
-809.0%
Q2 25
-1101.8%
Q1 25
-46.5%
-275.6%
Q4 24
-114.1%
Q3 24
-44.1%
-80.3%
Q2 24
-409.1%
Q1 24
-23.2%
-453.0%
EPS (diluted)
CURR
CURR
LCTX
LCTX
Q4 25
$0.00
Q3 25
$-0.13
Q2 25
$-0.13
Q1 25
$-0.13
$-0.02
Q4 24
$0.00
Q3 24
$-0.13
$-0.02
Q2 24
$-0.03
Q1 24
$-0.09
$-0.04

Balance Sheet & Financial Strength

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

Metric
CURR
CURR
LCTX
LCTX
Cash + ST InvestmentsLiquidity on hand
$62.3M
$55.8M
Total DebtLower is stronger
$3.7M
Stockholders' EquityBook value
$-68.4M
$44.5M
Total Assets
$110.8M
$112.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CURR
CURR
LCTX
LCTX
Q4 25
$55.8M
Q3 25
$40.5M
Q2 25
$42.3M
Q1 25
$62.3M
$47.9M
Q4 24
$47.8M
Q3 24
$49.1M
$32.7M
Q2 24
$38.5M
Q1 24
$43.6M
Total Debt
CURR
CURR
LCTX
LCTX
Q4 25
Q3 25
Q2 25
Q1 25
$3.7M
Q4 24
Q3 24
$20.1M
Q2 24
Q1 24
Stockholders' Equity
CURR
CURR
LCTX
LCTX
Q4 25
$44.5M
Q3 25
$22.0M
Q2 25
$48.4M
Q1 25
$-68.4M
$79.0M
Q4 24
$78.4M
Q3 24
$-47.0M
$66.2M
Q2 24
$68.3M
Q1 24
$-10.9M
$72.4M
Total Assets
CURR
CURR
LCTX
LCTX
Q4 25
$112.6M
Q3 25
$89.6M
Q2 25
$90.8M
Q1 25
$110.8M
$111.8M
Q4 24
$113.2M
Q3 24
$115.0M
$96.6M
Q2 24
$102.8M
Q1 24
$54.5M
$108.5M

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
LCTX
LCTX
Operating Cash FlowLast quarter
$-1.5M
$-4.9M
Free Cash FlowOCF − Capex
$-1.7M
$-5.3M
FCF MarginFCF / Revenue
-16.5%
-79.9%
Capex IntensityCapex / Revenue
1.7%
6.0%
Cash ConversionOCF / Net Profit
-5.73×
TTM Free Cash FlowTrailing 4 quarters
$-19.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CURR
CURR
LCTX
LCTX
Q4 25
$-4.9M
Q3 25
$-3.6M
Q2 25
$-5.5M
Q1 25
$-1.5M
$-4.9M
Q4 24
$-6.3M
Q3 24
$-11.3M
$-5.8M
Q2 24
$-5.2M
Q1 24
$-221.0K
$-5.8M
Free Cash Flow
CURR
CURR
LCTX
LCTX
Q4 25
$-5.3M
Q3 25
$-3.6M
Q2 25
$-5.6M
Q1 25
$-1.7M
$-5.0M
Q4 24
$-6.7M
Q3 24
$-5.9M
Q2 24
$-5.2M
Q1 24
$-233.0K
$-5.8M
FCF Margin
CURR
CURR
LCTX
LCTX
Q4 25
-79.9%
Q3 25
-98.6%
Q2 25
-200.8%
Q1 25
-16.5%
-331.8%
Q4 24
-234.0%
Q3 24
-156.1%
Q2 24
-371.2%
Q1 24
-1.8%
-403.1%
Capex Intensity
CURR
CURR
LCTX
LCTX
Q4 25
6.0%
Q3 25
0.3%
Q2 25
0.5%
Q1 25
1.7%
6.5%
Q4 24
12.7%
Q3 24
3.0%
Q2 24
3.6%
Q1 24
0.1%
2.6%
Cash Conversion
CURR
CURR
LCTX
LCTX
Q4 25
-5.73×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

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%

LCTX
LCTX

Collaboration Revenues$6.3M95%
Other$345.0K5%

Related Comparisons