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Side-by-side financial comparison of Currenc Group Inc. (CURR) and Navitas Semiconductor Corp (NVTS). Click either name above to swap in a different company.
Currenc Group Inc. is the larger business by last-quarter revenue ($10.1M vs $7.3M, roughly 1.4× Navitas Semiconductor Corp). Currenc Group Inc. runs the higher net margin — -46.5% vs -436.1%, a 389.6% gap on every dollar of revenue. On growth, Currenc Group Inc. posted the faster year-over-year revenue change (-23.3% vs -59.4%). Currenc Group Inc. produced more free cash flow last quarter ($-1.7M vs $-8.2M).
Navitas Semiconductor Corp is a leading global semiconductor firm specializing in gallium nitride (GaN) power integrated circuits. Its high-efficiency, compact power solutions serve consumer electronics, electric vehicles, renewable energy, and industrial sectors, with clients spanning North America, Asia, and Europe.
CURR vs NVTS — Head-to-Head
Income Statement — Q1 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $10.1M | $7.3M |
| Net Profit | $-4.7M | $-31.8M |
| Gross Margin | 31.8% | 38.1% |
| Operating Margin | -43.0% | -567.3% |
| Net Margin | -46.5% | -436.1% |
| Revenue YoY | -23.3% | -59.4% |
| Net Profit YoY | -54.0% | 20.2% |
| EPS (diluted) | $-0.13 | $-0.14 |
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.
| Q4 25 | — | $7.3M | ||
| Q3 25 | — | $10.1M | ||
| Q2 25 | — | $14.5M | ||
| Q1 25 | $10.1M | $14.0M | ||
| Q4 24 | — | $18.0M | ||
| Q3 24 | $11.3M | $21.7M | ||
| Q2 24 | — | $20.5M | ||
| Q1 24 | $13.1M | $23.2M |
| Q4 25 | — | $-31.8M | ||
| Q3 25 | — | $-19.2M | ||
| Q2 25 | — | $-49.1M | ||
| Q1 25 | $-4.7M | $-16.8M | ||
| Q4 24 | — | $-39.9M | ||
| Q3 24 | $-5.0M | $-18.7M | ||
| Q2 24 | — | $-22.3M | ||
| Q1 24 | $-3.0M | $-3.7M |
| Q4 25 | — | 38.1% | ||
| Q3 25 | — | 37.9% | ||
| Q2 25 | — | 16.1% | ||
| Q1 25 | 31.8% | 37.9% | ||
| Q4 24 | — | 12.4% | ||
| Q3 24 | 27.8% | 39.7% | ||
| Q2 24 | — | 39.0% | ||
| Q1 24 | 33.6% | 41.1% |
| Q4 25 | — | -567.3% | ||
| Q3 25 | — | -192.0% | ||
| Q2 25 | — | -149.4% | ||
| Q1 25 | -43.0% | -180.5% | ||
| Q4 24 | — | -216.9% | ||
| Q3 24 | -141.5% | -133.6% | ||
| Q2 24 | — | -152.1% | ||
| Q1 24 | -10.8% | -136.2% |
| Q4 25 | — | -436.1% | ||
| Q3 25 | — | -190.2% | ||
| Q2 25 | — | -338.7% | ||
| Q1 25 | -46.5% | -120.1% | ||
| Q4 24 | — | -221.7% | ||
| Q3 24 | -44.1% | -86.4% | ||
| Q2 24 | — | -109.1% | ||
| Q1 24 | -23.2% | -15.9% |
| Q4 25 | — | $-0.14 | ||
| Q3 25 | — | $-0.09 | ||
| Q2 25 | — | $-0.25 | ||
| Q1 25 | $-0.13 | $-0.09 | ||
| Q4 24 | — | $-0.22 | ||
| Q3 24 | $-0.13 | $-0.10 | ||
| Q2 24 | — | $-0.12 | ||
| Q1 24 | $-0.09 | $-0.02 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $62.3M | $236.9M |
| Total DebtLower is stronger | $3.7M | — |
| Stockholders' EquityBook value | $-68.4M | $443.7M |
| Total Assets | $110.8M | $500.5M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $236.9M | ||
| Q3 25 | — | $150.6M | ||
| Q2 25 | — | $161.2M | ||
| Q1 25 | $62.3M | $75.1M | ||
| Q4 24 | — | $86.7M | ||
| Q3 24 | $49.1M | $98.3M | ||
| Q2 24 | — | $111.7M | ||
| Q1 24 | — | $128.9M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $3.7M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $20.1M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | $443.7M | ||
| Q3 25 | — | $371.0M | ||
| Q2 25 | — | $388.9M | ||
| Q1 25 | $-68.4M | $341.8M | ||
| Q4 24 | — | $348.0M | ||
| Q3 24 | $-47.0M | $380.8M | ||
| Q2 24 | — | $388.1M | ||
| Q1 24 | $-10.9M | $397.9M |
| Q4 25 | — | $500.5M | ||
| Q3 25 | — | $430.2M | ||
| Q2 25 | — | $449.4M | ||
| Q1 25 | $110.8M | $370.8M | ||
| Q4 24 | — | $390.0M | ||
| Q3 24 | $115.0M | $419.4M | ||
| Q2 24 | — | $439.1M | ||
| Q1 24 | $54.5M | $467.9M |
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 | $-1.5M | $-8.1M |
| Free Cash FlowOCF − Capex | $-1.7M | $-8.2M |
| FCF MarginFCF / Revenue | -16.5% | -111.8% |
| Capex IntensityCapex / Revenue | 1.7% | 0.7% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-44.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $-8.1M | ||
| Q3 25 | — | $-10.0M | ||
| Q2 25 | — | $-11.2M | ||
| Q1 25 | $-1.5M | $-13.5M | ||
| Q4 24 | — | $-10.2M | ||
| Q3 24 | $-11.3M | $-13.7M | ||
| Q2 24 | — | $-15.1M | ||
| Q1 24 | $-221.0K | $-19.8M |
| Q4 25 | — | $-8.2M | ||
| Q3 25 | — | $-10.7M | ||
| Q2 25 | — | $-11.9M | ||
| Q1 25 | $-1.7M | $-13.6M | ||
| Q4 24 | — | $-10.8M | ||
| Q3 24 | — | $-14.3M | ||
| Q2 24 | — | $-17.9M | ||
| Q1 24 | $-233.0K | $-22.7M |
| Q4 25 | — | -111.8% | ||
| Q3 25 | — | -106.1% | ||
| Q2 25 | — | -82.2% | ||
| Q1 25 | -16.5% | -96.8% | ||
| Q4 24 | — | -59.8% | ||
| Q3 24 | — | -65.9% | ||
| Q2 24 | — | -87.3% | ||
| Q1 24 | -1.8% | -97.9% |
| Q4 25 | — | 0.7% | ||
| Q3 25 | — | 7.0% | ||
| Q2 25 | — | 4.7% | ||
| Q1 25 | 1.7% | 0.3% | ||
| Q4 24 | — | 3.1% | ||
| Q3 24 | — | 2.6% | ||
| Q2 24 | — | 13.4% | ||
| Q1 24 | 0.1% | 12.5% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CURR
| Sales Of Airtime | $5.5M | 54% |
| Fiat Remittance Service | $4.4M | 44% |
NVTS
Segment breakdown not available.
