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Side-by-side financial comparison of DYADIC INTERNATIONAL INC (DYAI) and Future Vision II Acquisition Corp. (FVN). Click either name above to swap in a different company.

Future Vision II Acquisition Corp. is the larger business by last-quarter revenue ($584.4K vs $565.5K, roughly 1.0× DYADIC INTERNATIONAL INC). Future Vision II Acquisition Corp. runs the higher net margin — 86.8% vs -277.1%, a 363.9% gap on every dollar of revenue.

Dyadic International Inc is a global biotechnology firm that develops and manufactures proprietary high-performance enzymes, biologic therapies and sustainable bioproducts. It serves pharma, industrial biotech, agricultural and environmental sectors across North America, Europe and Asia Pacific, using its patented C1 gene expression platform to drive cost-effective scalable biomanufacturing.

Future Vision II Acquisition Corp is a special purpose acquisition company formed to pursue mergers, asset acquisitions, or business combinations with high-growth enterprises. It targets technology, consumer, and sustainable industry segments across North American and Asia-Pacific markets to drive long-term shareholder value.

DYAI vs FVN — Head-to-Head

Bigger by revenue
FVN
FVN
1.0× larger
FVN
$584.4K
$565.5K
DYAI
Higher net margin
FVN
FVN
363.9% more per $
FVN
86.8%
-277.1%
DYAI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DYAI
DYAI
FVN
FVN
Revenue
$565.5K
$584.4K
Net Profit
$-1.6M
$507.0K
Gross Margin
Operating Margin
-271.6%
-14.4%
Net Margin
-277.1%
86.8%
Revenue YoY
-30.8%
Net Profit YoY
-1.1%
EPS (diluted)

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
DYAI
DYAI
FVN
FVN
Q4 25
$565.5K
$584.4K
Q3 25
$1.2M
$618.7K
Q2 25
$966.6K
$614.4K
Q1 25
$393.6K
$612.4K
Q4 24
$817.4K
Q3 24
$2.0M
$147.8K
Q2 24
$385.9K
Q1 24
$334.6K
Net Profit
DYAI
DYAI
FVN
FVN
Q4 25
$-1.6M
$507.0K
Q3 25
$-2.0M
$557.2K
Q2 25
$-1.8M
$551.9K
Q1 25
$-2.0M
$454.3K
Q4 24
$-1.6M
Q3 24
$-203.5K
$141.9K
Q2 24
$-2.0M
Q1 24
$-2.0M
Gross Margin
DYAI
DYAI
FVN
FVN
Q4 25
Q3 25
12.1%
Q2 25
Q1 25
Q4 24
56.8%
Q3 24
79.8%
Q2 24
21.8%
Q1 24
57.0%
Operating Margin
DYAI
DYAI
FVN
FVN
Q4 25
-271.6%
-14.4%
Q3 25
-165.3%
-11.2%
Q2 25
-178.9%
-11.5%
Q1 25
-508.8%
-27.3%
Q4 24
-187.2%
Q3 24
-10.4%
-4.5%
Q2 24
-529.3%
Q1 24
-635.2%
Net Margin
DYAI
DYAI
FVN
FVN
Q4 25
-277.1%
86.8%
Q3 25
-169.7%
90.1%
Q2 25
-185.6%
89.8%
Q1 25
-515.2%
74.2%
Q4 24
-189.7%
Q3 24
-10.4%
96.0%
Q2 24
-530.0%
Q1 24
-600.6%
EPS (diluted)
DYAI
DYAI
FVN
FVN
Q4 25
Q3 25
$-0.06
Q2 25
$-0.06
Q1 25
Q4 24
Q3 24
$-0.01
Q2 24
$-0.07
Q1 24

Balance Sheet & Financial Strength

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

Metric
DYAI
DYAI
FVN
FVN
Cash + ST InvestmentsLiquidity on hand
$7.3M
$61.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.2M
$1.8M
Total Assets
$9.9M
$62.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DYAI
DYAI
FVN
FVN
Q4 25
$7.3M
$61.0M
Q3 25
$8.9M
Q2 25
$5.0M
Q1 25
$7.4M
Q4 24
$9.3M
Q3 24
$5.9M
$1.3M
Q2 24
$6.1M
Q1 24
$10.6M
Stockholders' Equity
DYAI
DYAI
FVN
FVN
Q4 25
$1.2M
$1.8M
Q3 25
$2.6M
$3.1M
Q2 25
$-529.7K
$4.3M
Q1 25
$923.6K
$7.0M
Q4 24
$2.5M
Q3 24
$3.4M
$6.7M
Q2 24
$3.2M
Q1 24
$4.5M
Total Assets
DYAI
DYAI
FVN
FVN
Q4 25
$9.9M
$62.1M
Q3 25
$11.7M
$61.6M
Q2 25
$8.1M
$61.0M
Q1 25
$7.9M
$60.4M
Q4 24
$9.9M
Q3 24
$10.8M
$59.4M
Q2 24
$10.6M
Q1 24
$12.7M

Cash Flow & Capital Efficiency

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

Metric
DYAI
DYAI
FVN
FVN
Operating Cash FlowLast quarter
$-1.8M
$-99.4K
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-0.20×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DYAI
DYAI
FVN
FVN
Q4 25
$-1.8M
$-99.4K
Q3 25
$-1.9M
$-7.1K
Q2 25
$-130.0K
$-11.2K
Q1 25
$-1.9M
$-190.1K
Q4 24
$-696.4K
Q3 24
$-201.1K
Q2 24
$-2.0M
Q1 24
$-1.1M
Cash Conversion
DYAI
DYAI
FVN
FVN
Q4 25
-0.20×
Q3 25
-0.01×
Q2 25
-0.02×
Q1 25
-0.42×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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