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Side-by-side financial comparison of DBV Technologies S.A. (DBVT) and MIND CTI LTD (MNDO). Click either name above to swap in a different company.

MIND CTI LTD is the larger business by last-quarter revenue ($4.9M vs $2.8M, roughly 1.8× DBV Technologies S.A.). MIND CTI LTD runs the higher net margin — 19.4% vs -1195.5%, a 1215.0% gap on every dollar of revenue. MIND CTI LTD produced more free cash flow last quarter ($4.0M vs $-32.6M). Over the past eight quarters, DBV Technologies S.A.'s revenue compounded faster (12.4% CAGR vs -45.1%).

DBV Technologies SA is a publicly owned French biopharmaceutical firm headquartered in Bagneux, France. DBV Technologies is known for developing "Viaskin" technology for administering allergens or antigens to intact skin while avoiding any transfer to the blood. Viaskin Peanut clinical development has received Fast Track designation from the US Food and Drug Administration.

MIND CTI Ltd. is a global provider of billing and customer care solutions and messaging services for voice, data, video and content services. Headquartered in Yokneam, Israel; the company also has offices in the United States of America, Iaşi in Romania and in Germany.

DBVT vs MNDO — Head-to-Head

Bigger by revenue
MNDO
MNDO
1.8× larger
MNDO
$4.9M
$2.8M
DBVT
Higher net margin
MNDO
MNDO
1215.0% more per $
MNDO
19.4%
-1195.5%
DBVT
More free cash flow
MNDO
MNDO
$36.5M more FCF
MNDO
$4.0M
$-32.6M
DBVT
Faster 2-yr revenue CAGR
DBVT
DBVT
Annualised
DBVT
12.4%
-45.1%
MNDO

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
DBVT
DBVT
MNDO
MNDO
Revenue
$2.8M
$4.9M
Net Profit
$-33.2M
$950.0K
Gross Margin
55.4%
Operating Margin
-1235.7%
16.5%
Net Margin
-1195.5%
19.4%
Revenue YoY
158.8%
Net Profit YoY
-8.9%
EPS (diluted)
$-0.24
$0.05

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
DBVT
DBVT
MNDO
MNDO
Q4 25
$4.9M
Q3 25
$2.8M
$16.2M
Q2 25
$1.5M
$11.0M
Q4 24
$5.2M
Q3 24
$16.0M
Q2 24
$1.2M
$10.7M
Q1 24
$1.4M
Q4 23
$8.9M
$5.6M
Net Profit
DBVT
DBVT
MNDO
MNDO
Q4 25
$950.0K
Q3 25
$-33.2M
$3.4M
Q2 25
$-41.9M
$2.5M
Q4 24
$1.2M
Q3 24
$3.7M
Q2 24
$-33.1M
$2.5M
Q1 24
$-27.3M
Q4 23
$134.3M
$1.4M
Gross Margin
DBVT
DBVT
MNDO
MNDO
Q4 25
55.4%
Q3 25
48.3%
Q2 25
50.6%
Q4 24
55.6%
Q3 24
50.6%
Q2 24
50.4%
Q1 24
Q4 23
49.5%
Operating Margin
DBVT
DBVT
MNDO
MNDO
Q4 25
16.5%
Q3 25
-1235.7%
18.8%
Q2 25
-2806.2%
21.0%
Q4 24
25.4%
Q3 24
22.5%
Q2 24
-2914.9%
22.2%
Q1 24
-2029.7%
Q4 23
-134.3%
20.6%
Net Margin
DBVT
DBVT
MNDO
MNDO
Q4 25
19.4%
Q3 25
-1195.5%
20.9%
Q2 25
-2858.4%
22.3%
Q4 24
23.8%
Q3 24
23.3%
Q2 24
-2852.4%
23.1%
Q1 24
-1943.5%
Q4 23
1512.8%
25.6%
EPS (diluted)
DBVT
DBVT
MNDO
MNDO
Q4 25
$0.05
Q3 25
$-0.24
$0.16
Q2 25
$-0.31
$0.12
Q4 24
$0.06
Q3 24
$0.18
Q2 24
$-0.34
$0.12
Q1 24
$-0.28
Q4 23
$-0.11
$0.06

Balance Sheet & Financial Strength

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

Metric
DBVT
DBVT
MNDO
MNDO
Cash + ST InvestmentsLiquidity on hand
$69.8M
$8.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$52.9M
$23.0M
Total Assets
$110.5M
$30.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DBVT
DBVT
MNDO
MNDO
Q4 25
$8.3M
Q3 25
$69.8M
$4.5M
Q2 25
$103.2M
$4.5M
Q4 24
$4.6M
Q3 24
$3.0M
Q2 24
$66.2M
$3.0M
Q1 24
$101.5M
Q4 23
$141.4M
$16.4M
Stockholders' Equity
DBVT
DBVT
MNDO
MNDO
Q4 25
$23.0M
Q3 25
$52.9M
$24.3M
Q2 25
$86.2M
$24.3M
Q4 24
$24.3M
Q3 24
$24.5M
Q2 24
$79.1M
$24.5M
Q1 24
$111.7M
Q4 23
$140.2M
$24.5M
Total Assets
DBVT
DBVT
MNDO
MNDO
Q4 25
$30.2M
Q3 25
$110.5M
$30.7M
Q2 25
$143.4M
$30.7M
Q4 24
$30.7M
Q3 24
$31.6M
Q2 24
$114.2M
$31.6M
Q1 24
$145.9M
Q4 23
$183.0M
$31.6M

Cash Flow & Capital Efficiency

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

Metric
DBVT
DBVT
MNDO
MNDO
Operating Cash FlowLast quarter
$-32.4M
$4.0M
Free Cash FlowOCF − Capex
$-32.6M
$4.0M
FCF MarginFCF / Revenue
-1173.5%
81.0%
Capex IntensityCapex / Revenue
4.2%
0.6%
Cash ConversionOCF / Net Profit
4.20×
TTM Free Cash FlowTrailing 4 quarters
$-138.3M
$14.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DBVT
DBVT
MNDO
MNDO
Q4 25
$4.0M
Q3 25
$-32.4M
$3.8M
Q2 25
$-33.9M
$2.9M
Q4 24
$4.1M
Q3 24
$3.4M
Q2 24
$-35.1M
$2.4M
Q1 24
$-34.7M
Q4 23
$-13.7M
$4.1M
Free Cash Flow
DBVT
DBVT
MNDO
MNDO
Q4 25
$4.0M
Q3 25
$-32.6M
$3.8M
Q2 25
$-33.9M
$2.9M
Q4 24
$4.1M
Q3 24
$3.3M
Q2 24
$-35.8M
$2.4M
Q1 24
$-36.0M
Q4 23
$-14.0M
$4.0M
FCF Margin
DBVT
DBVT
MNDO
MNDO
Q4 25
81.0%
Q3 25
-1173.5%
23.4%
Q2 25
-2316.5%
25.8%
Q4 24
78.9%
Q3 24
20.8%
Q2 24
-3084.0%
22.1%
Q1 24
-2560.6%
Q4 23
-158.2%
72.0%
Capex Intensity
DBVT
DBVT
MNDO
MNDO
Q4 25
0.6%
Q3 25
4.2%
0.0%
Q2 25
2.2%
0.0%
Q4 24
0.2%
Q3 24
0.3%
Q2 24
63.0%
0.4%
Q1 24
94.9%
Q4 23
4.0%
1.1%
Cash Conversion
DBVT
DBVT
MNDO
MNDO
Q4 25
4.20×
Q3 25
1.12×
Q2 25
1.16×
Q4 24
3.32×
Q3 24
0.91×
Q2 24
0.97×
Q1 24
Q4 23
-0.10×
2.86×

Financial Flow Comparison

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

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