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Side-by-side financial comparison of DBV Technologies S.A. (DBVT) and United Maritime Corp (USEA). Click either name above to swap in a different company.

DBV Technologies S.A. is the larger business by last-quarter revenue ($2.8M vs $1.8M, roughly 1.5× United Maritime Corp). United Maritime Corp runs the higher net margin — 59.6% vs -1195.5%, a 1255.1% gap on every dollar of revenue. United Maritime Corp produced more free cash flow last quarter ($-477.0K vs $-32.6M).

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.

Navios Maritime Holdings Inc. is a multinational, vertically integrated seaborne shipping and logistics company focused on the transport and transshipment of drybulk commodities including iron ore, coal and grain.

DBVT vs USEA — Head-to-Head

Bigger by revenue
DBVT
DBVT
1.5× larger
DBVT
$2.8M
$1.8M
USEA
Higher net margin
USEA
USEA
1255.1% more per $
USEA
59.6%
-1195.5%
DBVT
More free cash flow
USEA
USEA
$32.1M more FCF
USEA
$-477.0K
$-32.6M
DBVT

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
DBVT
DBVT
USEA
USEA
Revenue
$2.8M
$1.8M
Net Profit
$-33.2M
$1.1M
Gross Margin
Operating Margin
-1235.7%
Net Margin
-1195.5%
59.6%
Revenue YoY
158.8%
Net Profit YoY
-8.9%
EPS (diluted)
$-0.24
$0.13

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
USEA
USEA
Q3 25
$2.8M
$1.8M
Q2 25
$1.5M
Q2 24
$1.2M
Q1 24
$1.4M
Q4 23
$8.9M
Q3 23
$2.4M
Q2 23
$2.3M
Q1 23
$2.2M
Net Profit
DBVT
DBVT
USEA
USEA
Q3 25
$-33.2M
$1.1M
Q2 25
$-41.9M
Q2 24
$-33.1M
Q1 24
$-27.3M
Q4 23
$134.3M
Q3 23
$-16.7M
Q2 23
$-24.2M
Q1 23
$-20.6M
Operating Margin
DBVT
DBVT
USEA
USEA
Q3 25
-1235.7%
Q2 25
-2806.2%
Q2 24
-2914.9%
Q1 24
-2029.7%
Q4 23
-134.3%
Q3 23
-770.2%
Q2 23
-1096.0%
Q1 23
-964.7%
Net Margin
DBVT
DBVT
USEA
USEA
Q3 25
-1195.5%
59.6%
Q2 25
-2858.4%
Q2 24
-2852.4%
Q1 24
-1943.5%
Q4 23
1512.8%
Q3 23
-705.6%
Q2 23
-1059.6%
Q1 23
-937.1%
EPS (diluted)
DBVT
DBVT
USEA
USEA
Q3 25
$-0.24
$0.13
Q2 25
$-0.31
Q2 24
$-0.34
Q1 24
$-0.28
Q4 23
$-0.11
Q3 23
$-0.17
Q2 23
$-0.26
Q1 23
$-0.22

Balance Sheet & Financial Strength

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

Metric
DBVT
DBVT
USEA
USEA
Cash + ST InvestmentsLiquidity on hand
$69.8M
$19.7M
Total DebtLower is stronger
$49.5M
Stockholders' EquityBook value
$52.9M
$57.5M
Total Assets
$110.5M
$144.2M
Debt / EquityLower = less leverage
0.86×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DBVT
DBVT
USEA
USEA
Q3 25
$69.8M
$19.7M
Q2 25
$103.2M
Q2 24
$66.2M
Q1 24
$101.5M
Q4 23
$141.4M
Q3 23
$149.1M
Q2 23
$174.0M
Q1 23
$192.3M
Total Debt
DBVT
DBVT
USEA
USEA
Q3 25
$49.5M
Q2 25
Q2 24
Q1 24
Q4 23
Q3 23
Q2 23
Q1 23
Stockholders' Equity
DBVT
DBVT
USEA
USEA
Q3 25
$52.9M
$57.5M
Q2 25
$86.2M
Q2 24
$79.1M
Q1 24
$111.7M
Q4 23
$140.2M
Q3 23
$144.0M
Q2 23
$164.2M
Q1 23
$179.1M
Total Assets
DBVT
DBVT
USEA
USEA
Q3 25
$110.5M
$144.2M
Q2 25
$143.4M
Q2 24
$114.2M
Q1 24
$145.9M
Q4 23
$183.0M
Q3 23
$189.8M
Q2 23
$217.5M
Q1 23
$232.9M
Debt / Equity
DBVT
DBVT
USEA
USEA
Q3 25
0.86×
Q2 25
Q2 24
Q1 24
Q4 23
Q3 23
Q2 23
Q1 23

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
USEA
USEA
Operating Cash FlowLast quarter
$-32.4M
$-444.0K
Free Cash FlowOCF − Capex
$-32.6M
$-477.0K
FCF MarginFCF / Revenue
-1173.5%
-26.1%
Capex IntensityCapex / Revenue
4.2%
1.8%
Cash ConversionOCF / Net Profit
-0.41×
TTM Free Cash FlowTrailing 4 quarters
$-138.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DBVT
DBVT
USEA
USEA
Q3 25
$-32.4M
$-444.0K
Q2 25
$-33.9M
Q2 24
$-35.1M
Q1 24
$-34.7M
Q4 23
$-13.7M
Q3 23
$-19.6M
Q2 23
$-25.6M
Q1 23
$-20.8M
Free Cash Flow
DBVT
DBVT
USEA
USEA
Q3 25
$-32.6M
$-477.0K
Q2 25
$-33.9M
Q2 24
$-35.8M
Q1 24
$-36.0M
Q4 23
$-14.0M
Q3 23
$-19.6M
Q2 23
$-25.7M
Q1 23
$-21.0M
FCF Margin
DBVT
DBVT
USEA
USEA
Q3 25
-1173.5%
-26.1%
Q2 25
-2316.5%
Q2 24
-3084.0%
Q1 24
-2560.6%
Q4 23
-158.2%
Q3 23
-827.3%
Q2 23
-1124.0%
Q1 23
-955.0%
Capex Intensity
DBVT
DBVT
USEA
USEA
Q3 25
4.2%
1.8%
Q2 25
2.2%
Q2 24
63.0%
Q1 24
94.9%
Q4 23
4.0%
Q3 23
2.1%
Q2 23
7.2%
Q1 23
5.1%
Cash Conversion
DBVT
DBVT
USEA
USEA
Q3 25
-0.41×
Q2 25
Q2 24
Q1 24
Q4 23
-0.10×
Q3 23
Q2 23
Q1 23

Financial Flow Comparison

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

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