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Side-by-side financial comparison of Epsilon Energy Ltd. (EPSN) and TriSalus Life Sciences, Inc. (TLSI). Click either name above to swap in a different company.

Epsilon Energy Ltd. is the larger business by last-quarter revenue ($14.8M vs $13.2M, roughly 1.1× TriSalus Life Sciences, Inc.). TriSalus Life Sciences, Inc. runs the higher net margin — -73.9% vs -83.9%, a 10.1% gap on every dollar of revenue. On growth, Epsilon Energy Ltd. posted the faster year-over-year revenue change (65.7% vs 59.8%). Over the past eight quarters, TriSalus Life Sciences, Inc.'s revenue compounded faster (43.0% CAGR vs 36.2%).

Epsilon Composite is a French company created in 1987 by Stephane LULL, its current CEO. The company was founded in January 1987. Its production site is located in Gaillan, France. Stéphane Lull is the CEO.

TriSalus Life Sciences, Inc. is a clinical-stage biotechnology company focused on advancing immuno-oncology and interventional oncology solutions. It develops proprietary targeted drug delivery technologies designed to improve treatment efficacy for patients with liver, pancreatic and other hard-to-treat solid tumors, primarily operating in North American markets via partnerships with clinical care and research institutions.

EPSN vs TLSI — Head-to-Head

Bigger by revenue
EPSN
EPSN
1.1× larger
EPSN
$14.8M
$13.2M
TLSI
Growing faster (revenue YoY)
EPSN
EPSN
+5.9% gap
EPSN
65.7%
59.8%
TLSI
Higher net margin
TLSI
TLSI
10.1% more per $
TLSI
-73.9%
-83.9%
EPSN
Faster 2-yr revenue CAGR
TLSI
TLSI
Annualised
TLSI
43.0%
36.2%
EPSN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EPSN
EPSN
TLSI
TLSI
Revenue
$14.8M
$13.2M
Net Profit
$-12.4M
$-9.8M
Gross Margin
86.7%
Operating Margin
-129.0%
-24.8%
Net Margin
-83.9%
-73.9%
Revenue YoY
65.7%
59.8%
Net Profit YoY
-1535.0%
3.5%
EPS (diluted)
$-0.55
$-0.22

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
EPSN
EPSN
TLSI
TLSI
Q4 25
$14.8M
$13.2M
Q3 25
$9.0M
$11.6M
Q2 25
$11.6M
$11.2M
Q1 25
$16.2M
$9.2M
Q4 24
$8.9M
$8.3M
Q3 24
$7.3M
$7.3M
Q2 24
$7.3M
$7.4M
Q1 24
$8.0M
$6.5M
Net Profit
EPSN
EPSN
TLSI
TLSI
Q4 25
$-12.4M
$-9.8M
Q3 25
$1.1M
$-10.8M
Q2 25
$1.6M
$-8.3M
Q1 25
$4.0M
$-10.4M
Q4 24
$-760.8K
$-10.1M
Q3 24
$366.0K
$-2.4M
Q2 24
$815.7K
$-4.3M
Q1 24
$1.5M
$-13.2M
Gross Margin
EPSN
EPSN
TLSI
TLSI
Q4 25
86.7%
Q3 25
83.5%
Q2 25
83.9%
Q1 25
83.7%
Q4 24
85.3%
Q3 24
86.3%
Q2 24
87.6%
Q1 24
85.0%
Operating Margin
EPSN
EPSN
TLSI
TLSI
Q4 25
-129.0%
-24.8%
Q3 25
6.7%
-77.9%
Q2 25
7.1%
-65.4%
Q1 25
44.3%
-79.9%
Q4 24
6.8%
-91.8%
Q3 24
3.3%
-118.9%
Q2 24
16.0%
-111.0%
Q1 24
17.6%
-180.8%
Net Margin
EPSN
EPSN
TLSI
TLSI
Q4 25
-83.9%
-73.9%
Q3 25
11.9%
-93.5%
Q2 25
13.3%
-73.9%
Q1 25
24.8%
-113.2%
Q4 24
-8.5%
-122.4%
Q3 24
5.0%
-32.6%
Q2 24
11.2%
-58.8%
Q1 24
18.9%
-204.5%
EPS (diluted)
EPSN
EPSN
TLSI
TLSI
Q4 25
$-0.55
$-0.22
Q3 25
$0.05
$-0.96
Q2 25
$0.07
$-0.27
Q1 25
$0.18
$-0.39
Q4 24
$-0.04
$-0.38
Q3 24
$0.02
$-0.12
Q2 24
$0.04
$-0.21
Q1 24
$0.07
$-0.60

Balance Sheet & Financial Strength

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

Metric
EPSN
EPSN
TLSI
TLSI
Cash + ST InvestmentsLiquidity on hand
$9.0M
$20.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$124.7M
$-33.9M
Total Assets
$228.2M
$35.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EPSN
EPSN
TLSI
TLSI
Q4 25
$9.0M
$20.4M
Q3 25
$12.8M
$22.7M
Q2 25
$9.9M
$26.5M
Q1 25
$6.9M
$13.0M
Q4 24
$6.5M
$8.5M
Q3 24
$8.3M
$11.3M
Q2 24
$8.6M
$16.5M
Q1 24
$2.3M
$4.0M
Stockholders' Equity
EPSN
EPSN
TLSI
TLSI
Q4 25
$124.7M
$-33.9M
Q3 25
$100.2M
$-26.7M
Q2 25
$100.2M
$-19.4M
Q1 25
$99.7M
$-34.4M
Q4 24
$96.7M
$-25.9M
Q3 24
$98.4M
$-20.4M
Q2 24
$99.6M
$-25.3M
Q1 24
$99.9M
$-36.0M
Total Assets
EPSN
EPSN
TLSI
TLSI
Q4 25
$228.2M
$35.3M
Q3 25
$126.3M
$36.5M
Q2 25
$123.6M
$41.3M
Q1 25
$125.5M
$28.6M
Q4 24
$120.5M
$24.0M
Q3 24
$121.8M
$27.5M
Q2 24
$121.1M
$32.4M
Q1 24
$125.1M
$17.9M

Cash Flow & Capital Efficiency

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

Metric
EPSN
EPSN
TLSI
TLSI
Operating Cash FlowLast quarter
$-277.0K
$-2.5M
Free Cash FlowOCF − Capex
$-2.5M
FCF MarginFCF / Revenue
-19.1%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-19.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EPSN
EPSN
TLSI
TLSI
Q4 25
$-277.0K
$-2.5M
Q3 25
$4.0M
$-3.7M
Q2 25
$8.3M
$-7.3M
Q1 25
$8.6M
$-4.5M
Q4 24
$5.0M
$-5.7M
Q3 24
$2.7M
$-10.8M
Q2 24
$5.4M
$-13.4M
Q1 24
$3.7M
$-10.9M
Free Cash Flow
EPSN
EPSN
TLSI
TLSI
Q4 25
$-2.5M
Q3 25
$-3.9M
Q2 25
$-7.4M
Q1 25
$-5.3M
Q4 24
$-5.8M
Q3 24
$-11.0M
Q2 24
$-13.5M
Q1 24
$-10.9M
FCF Margin
EPSN
EPSN
TLSI
TLSI
Q4 25
-19.1%
Q3 25
-33.9%
Q2 25
-66.1%
Q1 25
-57.3%
Q4 24
-69.7%
Q3 24
-149.9%
Q2 24
-183.1%
Q1 24
-169.3%
Capex Intensity
EPSN
EPSN
TLSI
TLSI
Q4 25
0.3%
Q3 25
1.9%
Q2 25
0.8%
Q1 25
8.2%
Q4 24
0.6%
Q3 24
2.3%
Q2 24
0.8%
Q1 24
1.0%
Cash Conversion
EPSN
EPSN
TLSI
TLSI
Q4 25
Q3 25
3.70×
Q2 25
5.38×
Q1 25
2.14×
Q4 24
Q3 24
7.50×
Q2 24
6.60×
Q1 24
2.45×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EPSN
EPSN

Gas Oil Ngls And Condensate$13.3M90%
Gas Gathering And Compression$1.5M10%

TLSI
TLSI

Segment breakdown not available.

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