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Side-by-side financial comparison of enCore Energy Corp. (EU) and Sunshine Biopharma Inc. (SBFM). Click either name above to swap in a different company.
enCore Energy Corp. is the larger business by last-quarter revenue ($12.4M vs $8.6M, roughly 1.4× Sunshine Biopharma Inc.). Sunshine Biopharma Inc. runs the higher net margin — -25.0% vs -173.9%, a 149.0% gap on every dollar of revenue. enCore Energy Corp. produced more free cash flow last quarter ($7.2M vs $-1.6M).
Devon Energy Corporation is an American company engaged in hydrocarbon exploration. It is organized in Delaware with operational headquarters in the 50-story Devon Energy Center in Oklahoma City, Oklahoma. Its operations are in the Delaware Basin, Eagle Ford Group, and the Rocky Mountains.
Sunshine Biopharma Inc. is a clinical-stage biopharmaceutical company focused on researching, developing and commercializing innovative therapies for oncology, neurodegenerative disorders and infectious diseases. It targets unmet medical needs across global markets, with a pipeline of targeted therapeutic candidates designed to improve patient treatment outcomes.
EU vs SBFM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $12.4M | $8.6M |
| Net Profit | $-21.5M | $-2.1M |
| Gross Margin | 37.9% | 35.3% |
| Operating Margin | -135.9% | -20.9% |
| Net Margin | -173.9% | -25.0% |
| Revenue YoY | — | -10.6% |
| Net Profit YoY | — | 0.8% |
| EPS (diluted) | $-0.11 | — |
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.
| Q4 25 | $12.4M | $8.6M | ||
| Q3 25 | $8.9M | $9.4M | ||
| Q2 25 | $3.7M | $9.4M | ||
| Q1 25 | $18.2M | $8.9M | ||
| Q4 24 | — | $9.6M | ||
| Q3 24 | — | $8.4M | ||
| Q2 24 | — | $9.3M | ||
| Q1 24 | — | $7.5M |
| Q4 25 | $-21.5M | $-2.1M | ||
| Q3 25 | $-4.8M | $-883.8K | ||
| Q2 25 | $-6.3M | $-1.8M | ||
| Q1 25 | $-24.2M | $-1.2M | ||
| Q4 24 | — | $-2.2M | ||
| Q3 24 | — | $-1.2M | ||
| Q2 24 | — | $-494.3K | ||
| Q1 24 | — | $-1.3M |
| Q4 25 | 37.9% | 35.3% | ||
| Q3 25 | 43.8% | 32.6% | ||
| Q2 25 | 30.8% | 36.4% | ||
| Q1 25 | -0.1% | 30.7% | ||
| Q4 24 | — | 32.2% | ||
| Q3 24 | — | 34.0% | ||
| Q2 24 | — | 25.3% | ||
| Q1 24 | — | 31.2% |
| Q4 25 | -135.9% | -20.9% | ||
| Q3 25 | -158.2% | -11.5% | ||
| Q2 25 | -526.1% | -21.8% | ||
| Q1 25 | -85.7% | -14.6% | ||
| Q4 24 | — | -21.7% | ||
| Q3 24 | — | -13.1% | ||
| Q2 24 | — | -13.6% | ||
| Q1 24 | — | -17.9% |
| Q4 25 | -173.9% | -25.0% | ||
| Q3 25 | -53.7% | -9.4% | ||
| Q2 25 | -172.7% | -18.8% | ||
| Q1 25 | -132.9% | -13.3% | ||
| Q4 24 | — | -22.5% | ||
| Q3 24 | — | -14.2% | ||
| Q2 24 | — | -5.3% | ||
| Q1 24 | — | -17.0% |
| Q4 25 | $-0.11 | — | ||
| Q3 25 | $-0.03 | $-0.54 | ||
| Q2 25 | $-0.03 | $-0.82 | ||
| Q1 25 | $-0.13 | $-0.44 | ||
| Q4 24 | — | $49.77 | ||
| Q3 24 | — | $-11.61 | ||
| Q2 24 | — | $-43.48 | ||
| Q1 24 | — | $-2.00 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $52.4M | — |
| Total DebtLower is stronger | $110.0M | — |
| Stockholders' EquityBook value | $229.2M | $23.0M |
| Total Assets | $430.4M | $30.1M |
| Debt / EquityLower = less leverage | 0.48× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $52.4M | — | ||
| Q3 25 | $91.9M | — | ||
| Q2 25 | $26.9M | — | ||
| Q1 25 | $29.7M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $110.0M | — | ||
| Q3 25 | $109.3M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $229.2M | $23.0M | ||
| Q3 25 | $248.6M | $24.2M | ||
| Q2 25 | $264.7M | $25.7M | ||
| Q1 25 | $267.9M | $22.7M | ||
| Q4 24 | — | $23.5M | ||
| Q3 24 | — | $25.0M | ||
| Q2 24 | — | $23.5M | ||
| Q1 24 | — | $24.8M |
| Q4 25 | $430.4M | $30.1M | ||
| Q3 25 | $441.9M | $31.5M | ||
| Q2 25 | $359.4M | $32.0M | ||
| Q1 25 | $362.6M | $29.2M | ||
| Q4 24 | — | $30.6M | ||
| Q3 24 | — | $30.1M | ||
| Q2 24 | — | $29.3M | ||
| Q1 24 | — | $31.9M |
| Q4 25 | 0.48× | — | ||
| Q3 25 | 0.44× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $12.9M | $-1.6M |
| Free Cash FlowOCF − Capex | $7.2M | $-1.6M |
| FCF MarginFCF / Revenue | 57.8% | -18.9% |
| Capex IntensityCapex / Revenue | 46.7% | 0.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-45.0M | $-5.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $12.9M | $-1.6M | ||
| Q3 25 | $-20.3M | $-727.8K | ||
| Q2 25 | $-9.9M | $-1.3M | ||
| Q1 25 | $-7.7M | $-1.7M | ||
| Q4 24 | — | $-3.4M | ||
| Q3 24 | — | $-1.4M | ||
| Q2 24 | — | $-4.6M | ||
| Q1 24 | — | $-3.2M |
| Q4 25 | $7.2M | $-1.6M | ||
| Q3 25 | $-26.3M | $-735.8K | ||
| Q2 25 | $-14.1M | $-1.4M | ||
| Q1 25 | $-11.7M | $-1.7M | ||
| Q4 24 | — | $-3.5M | ||
| Q3 24 | — | $-1.9M | ||
| Q2 24 | — | $-5.6M | ||
| Q1 24 | — | $-3.2M |
| Q4 25 | 57.8% | -18.9% | ||
| Q3 25 | -296.6% | -7.8% | ||
| Q2 25 | -385.2% | -15.2% | ||
| Q1 25 | -64.1% | -19.3% | ||
| Q4 24 | — | -36.6% | ||
| Q3 24 | — | -22.2% | ||
| Q2 24 | — | -59.7% | ||
| Q1 24 | — | -43.1% |
| Q4 25 | 46.7% | 0.0% | ||
| Q3 25 | 68.0% | 0.1% | ||
| Q2 25 | 115.1% | 1.7% | ||
| Q1 25 | 21.7% | 0.1% | ||
| Q4 24 | — | 1.1% | ||
| Q3 24 | — | 6.1% | ||
| Q2 24 | — | 10.5% | ||
| Q1 24 | — | 0.8% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
