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Side-by-side financial comparison of Currenc Group Inc. (CURR) and Local Bounti Corporation (LOCL). Click either name above to swap in a different company.

Local Bounti Corporation is the larger business by last-quarter revenue ($12.5M vs $10.1M, roughly 1.2× Currenc Group Inc.). Currenc Group Inc. runs the higher net margin — -46.5% vs -69.8%, a 23.3% gap on every dollar of revenue. On growth, Local Bounti Corporation posted the faster year-over-year revenue change (23.7% vs -23.3%). Currenc Group Inc. produced more free cash flow last quarter ($-1.7M vs $-3.6M).

Local Bounti Corporation is a U.S.-based sustainable indoor agriculture firm growing fresh, pesticide-free leafy greens, herbs and produce via advanced hydroponic and vertical farming tech. It serves North American retail and food service partners, focusing on low environmental impact and stable year-round supply.

CURR vs LOCL — Head-to-Head

Bigger by revenue
LOCL
LOCL
1.2× larger
LOCL
$12.5M
$10.1M
CURR
Growing faster (revenue YoY)
LOCL
LOCL
+47.0% gap
LOCL
23.7%
-23.3%
CURR
Higher net margin
CURR
CURR
23.3% more per $
CURR
-46.5%
-69.8%
LOCL
More free cash flow
CURR
CURR
$2.0M more FCF
CURR
$-1.7M
$-3.6M
LOCL

Income Statement — Q1 FY2025 vs Q4 FY2025

Metric
CURR
CURR
LOCL
LOCL
Revenue
$10.1M
$12.5M
Net Profit
$-4.7M
$-8.7M
Gross Margin
31.8%
12.2%
Operating Margin
-43.0%
-106.1%
Net Margin
-46.5%
-69.8%
Revenue YoY
-23.3%
23.7%
Net Profit YoY
-54.0%
76.0%
EPS (diluted)
$-0.13
$1.52

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
LOCL
LOCL
Q4 25
$12.5M
Q3 25
$12.2M
Q2 25
$12.1M
Q1 25
$10.1M
$11.6M
Q4 24
$10.1M
Q3 24
$11.3M
$10.2M
Q2 24
$9.4M
Q1 24
$13.1M
$8.4M
Net Profit
CURR
CURR
LOCL
LOCL
Q4 25
$-8.7M
Q3 25
$-26.4M
Q2 25
$-21.6M
Q1 25
$-4.7M
$-37.7M
Q4 24
$-36.3M
Q3 24
$-5.0M
$-34.3M
Q2 24
$-25.3M
Q1 24
$-3.0M
$-24.1M
Gross Margin
CURR
CURR
LOCL
LOCL
Q4 25
12.2%
Q3 25
11.5%
Q2 25
12.2%
Q1 25
31.8%
12.6%
Q4 24
5.4%
Q3 24
27.8%
13.8%
Q2 24
14.3%
Q1 24
33.6%
9.4%
Operating Margin
CURR
CURR
LOCL
LOCL
Q4 25
-106.1%
Q3 25
-149.4%
Q2 25
-127.7%
Q1 25
-43.0%
-135.6%
Q4 24
-166.6%
Q3 24
-141.5%
-176.0%
Q2 24
-146.8%
Q1 24
-10.8%
-122.9%
Net Margin
CURR
CURR
LOCL
LOCL
Q4 25
-69.8%
Q3 25
-216.6%
Q2 25
-178.3%
Q1 25
-46.5%
-324.6%
Q4 24
-360.1%
Q3 24
-44.1%
-335.2%
Q2 24
-267.6%
Q1 24
-23.2%
-286.9%
EPS (diluted)
CURR
CURR
LOCL
LOCL
Q4 25
$1.52
Q3 25
$-1.18
Q2 25
$-1.63
Q1 25
$-0.13
$-4.32
Q4 24
$-4.24
Q3 24
$-0.13
$-4.01
Q2 24
$-3.00
Q1 24
$-0.09
$-2.89

Balance Sheet & Financial Strength

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

Metric
CURR
CURR
LOCL
LOCL
Cash + ST InvestmentsLiquidity on hand
$62.3M
$4.2M
Total DebtLower is stronger
$3.7M
$483.1M
Stockholders' EquityBook value
$-68.4M
$-166.2M
Total Assets
$110.8M
$410.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CURR
CURR
LOCL
LOCL
Q4 25
$4.2M
Q3 25
$6.2M
Q2 25
$5.3M
Q1 25
$62.3M
$18.0M
Q4 24
$937.0K
Q3 24
$49.1M
$317.0K
Q2 24
$9.7M
Q1 24
$8.2M
Total Debt
CURR
CURR
LOCL
LOCL
Q4 25
$483.1M
Q3 25
$484.9M
Q2 25
$478.3M
Q1 25
$3.7M
$480.0M
Q4 24
$436.8M
Q3 24
$20.1M
$398.4M
Q2 24
$374.0M
Q1 24
$329.8M
Stockholders' Equity
CURR
CURR
LOCL
LOCL
Q4 25
$-166.2M
Q3 25
$-158.1M
Q2 25
$-132.7M
Q1 25
$-68.4M
$-134.5M
Q4 24
$-100.5M
Q3 24
$-47.0M
$-65.6M
Q2 24
$-32.8M
Q1 24
$-10.9M
$-9.4M
Total Assets
CURR
CURR
LOCL
LOCL
Q4 25
$410.5M
Q3 25
$417.8M
Q2 25
$426.8M
Q1 25
$110.8M
$447.2M
Q4 24
$428.0M
Q3 24
$115.0M
$430.8M
Q2 24
$438.1M
Q1 24
$54.5M
$413.4M

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
LOCL
LOCL
Operating Cash FlowLast quarter
$-1.5M
$-3.1M
Free Cash FlowOCF − Capex
$-1.7M
$-3.6M
FCF MarginFCF / Revenue
-16.5%
-29.1%
Capex IntensityCapex / Revenue
1.7%
3.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-42.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CURR
CURR
LOCL
LOCL
Q4 25
$-3.1M
Q3 25
$-8.9M
Q2 25
$-8.7M
Q1 25
$-1.5M
$-9.6M
Q4 24
$1.2M
Q3 24
$-11.3M
$-17.2M
Q2 24
$-4.0M
Q1 24
$-221.0K
$-7.1M
Free Cash Flow
CURR
CURR
LOCL
LOCL
Q4 25
$-3.6M
Q3 25
$-10.1M
Q2 25
$-14.6M
Q1 25
$-1.7M
$-14.5M
Q4 24
$-8.6M
Q3 24
$-30.0M
Q2 24
$-28.8M
Q1 24
$-233.0K
$-42.1M
FCF Margin
CURR
CURR
LOCL
LOCL
Q4 25
-29.1%
Q3 25
-82.8%
Q2 25
-121.0%
Q1 25
-16.5%
-125.1%
Q4 24
-85.3%
Q3 24
-293.1%
Q2 24
-305.4%
Q1 24
-1.8%
-501.8%
Capex Intensity
CURR
CURR
LOCL
LOCL
Q4 25
3.9%
Q3 25
9.7%
Q2 25
48.9%
Q1 25
1.7%
42.8%
Q4 24
97.6%
Q3 24
125.0%
Q2 24
263.0%
Q1 24
0.1%
417.3%

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%

LOCL
LOCL

Segment breakdown not available.

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