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Side-by-side financial comparison of Enveric Biosciences, Inc. (ENVB) and HeartSciences Inc. (HSCS). Click either name above to swap in a different company.

Enveric Biosciences, Inc. is a clinical-stage biotechnology company developing novel therapeutics derived from cannabinoids and related molecules. Its product pipeline addresses unmet needs in mental health disorders including anxiety, depression, and treatment-resistant conditions, as well as adverse effects linked to cancer treatment. It operates mainly in North American and European biopharmaceutical markets, partnering with research institutes to advance candidates for underserved patient groups.

Meril Life Sciences is an Indian multinational medical device company, with headquarters in Vapi, Gujarat, India. It was founded in 2006 and is a part of the Bilakhia Group. The company is engaged in the manufacturing of vascular intervention devices, orthopedic implants, robotics, endosurgery, ENT products and in-vitro diagnostics. Meril Life Sciences operates in over 150 countries and has employed 10000 people, as of 2024.

ENVB vs HSCS — Head-to-Head

Bigger by revenue
HSCS
HSCS
-9.7× larger
HSCS
$2.4K
$-250
ENVB

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
ENVB
ENVB
HSCS
HSCS
Revenue
$-250
$2.4K
Net Profit
$-2.4M
Gross Margin
58.3%
Operating Margin
877569.2%
-85713.2%
Net Margin
-97179.4%
Revenue YoY
-11.1%
Net Profit YoY
-12.9%
EPS (diluted)
$-23.24
$-0.85

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
ENVB
ENVB
HSCS
HSCS
Q4 25
$-250
$2.4K
Q3 25
$1.9K
Q2 25
$-132
Q1 25
$0
Q4 24
$-225
Q3 24
$-217
Q2 24
$-35
Q1 24
$14.7K
Net Profit
ENVB
ENVB
HSCS
HSCS
Q4 25
$-2.4M
Q3 25
$-2.1M
Q2 25
$-2.5M
Q1 25
$-2.5M
Q4 24
Q3 24
$-2.1M
Q2 24
$-1.9M
Q1 24
$-1.6M
Gross Margin
ENVB
ENVB
HSCS
HSCS
Q4 25
58.3%
Q3 25
60.0%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
69.0%
Operating Margin
ENVB
ENVB
HSCS
HSCS
Q4 25
877569.2%
-85713.2%
Q3 25
-98637.8%
Q2 25
1908370.5%
Q1 25
Q4 24
1410589.3%
Q3 24
959996.3%
Q2 24
5422660.0%
Q1 24
-10376.7%
Net Margin
ENVB
ENVB
HSCS
HSCS
Q4 25
-97179.4%
Q3 25
-108157.6%
Q2 25
1908470.5%
Q1 25
Q4 24
Q3 24
960383.4%
Q2 24
5369697.1%
Q1 24
-11182.4%
EPS (diluted)
ENVB
ENVB
HSCS
HSCS
Q4 25
$-23.24
$-0.85
Q3 25
$-1.58
Q2 25
$-0.97
Q1 25
$-2.57
Q4 24
$-172.45
Q3 24
$-43.10
Q2 24
$-3.72
Q1 24
$-3.01

Balance Sheet & Financial Strength

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

Metric
ENVB
ENVB
HSCS
HSCS
Cash + ST InvestmentsLiquidity on hand
$2.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$4.2M
$4.2M
Total Assets
$5.1M
$6.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ENVB
ENVB
HSCS
HSCS
Q4 25
$2.0M
Q3 25
$2.8M
Q2 25
Q1 25
$2.6M
Q4 24
Q3 24
Q2 24
Q1 24
$7.1M
Stockholders' Equity
ENVB
ENVB
HSCS
HSCS
Q4 25
$4.2M
$4.2M
Q3 25
$3.1M
Q2 25
$2.2M
Q1 25
$1.8M
Q4 24
$1.6M
Q3 24
$4.0M
Q2 24
$5.4M
Q1 24
$8.6M
Total Assets
ENVB
ENVB
HSCS
HSCS
Q4 25
$5.1M
$6.0M
Q3 25
$6.4M
Q2 25
$3.5M
Q1 25
$5.7M
Q4 24
$3.1M
Q3 24
$4.8M
Q2 24
$6.1M
Q1 24
$10.8M

Cash Flow & Capital Efficiency

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

Metric
ENVB
ENVB
HSCS
HSCS
Operating Cash FlowLast quarter
$-1.8M
$-2.3M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ENVB
ENVB
HSCS
HSCS
Q4 25
$-1.8M
$-2.3M
Q3 25
$-2.0M
Q2 25
$-1.9M
Q1 25
$-1.6M
Q4 24
$-1.3M
Q3 24
$-927.1K
Q2 24
$-2.9M
Q1 24
$-2.1M
Free Cash Flow
ENVB
ENVB
HSCS
HSCS
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
$-2.1M
FCF Margin
ENVB
ENVB
HSCS
HSCS
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
-14352.1%
Capex Intensity
ENVB
ENVB
HSCS
HSCS
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
59.8%

Financial Flow Comparison

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

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