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Side-by-side financial comparison of enCore Energy Corp. (EU) and Venus Concept Inc. (VERO). Click either name above to swap in a different company.
Venus Concept Inc. is the larger business by last-quarter revenue ($13.8M vs $12.4M, roughly 1.1× enCore Energy Corp.). Venus Concept Inc. runs the higher net margin — -163.8% vs -173.9%, a 10.1% gap on every dollar of revenue. enCore Energy Corp. produced more free cash flow last quarter ($7.2M vs $-4.9M).
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.
Venus Concept Inc is a global medical technology firm specializing in the development, manufacturing, and distribution of non-invasive and minimally invasive aesthetic medical devices. Its product portfolio covers hair removal, skin rejuvenation, body contouring, and anti-aging solutions, serving dermatology clinics, plastic surgery centers, and medical spas across North America, Europe, and Asia Pacific markets.
EU vs VERO — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | ||
|---|---|---|
| Revenue | $12.4M | $13.8M |
| Net Profit | $-21.5M | $-22.6M |
| Gross Margin | 37.9% | 64.0% |
| Operating Margin | -135.9% | -68.9% |
| Net Margin | -173.9% | -163.8% |
| Revenue YoY | — | -8.2% |
| Net Profit YoY | — | -143.0% |
| EPS (diluted) | $-0.11 | $-12.14 |
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 | — | ||
| Q3 25 | $8.9M | $13.8M | ||
| Q2 25 | $3.7M | $15.7M | ||
| Q1 25 | $18.2M | $13.6M | ||
| Q4 24 | — | $15.8M | ||
| Q3 24 | — | $15.0M | ||
| Q2 24 | — | $16.6M | ||
| Q1 24 | — | $17.5M |
| Q4 25 | $-21.5M | — | ||
| Q3 25 | $-4.8M | $-22.6M | ||
| Q2 25 | $-6.3M | $-11.7M | ||
| Q1 25 | $-24.2M | $-12.4M | ||
| Q4 24 | — | $-8.0M | ||
| Q3 24 | — | $-9.3M | ||
| Q2 24 | — | $-20.0M | ||
| Q1 24 | — | $-9.8M |
| Q4 25 | 37.9% | — | ||
| Q3 25 | 43.8% | 64.0% | ||
| Q2 25 | 30.8% | 60.1% | ||
| Q1 25 | -0.1% | 64.2% | ||
| Q4 24 | — | 69.1% | ||
| Q3 24 | — | 66.1% | ||
| Q2 24 | — | 71.5% | ||
| Q1 24 | — | 66.6% |
| Q4 25 | -135.9% | — | ||
| Q3 25 | -158.2% | -68.9% | ||
| Q2 25 | -526.1% | -57.6% | ||
| Q1 25 | -85.7% | -69.8% | ||
| Q4 24 | — | -42.3% | ||
| Q3 24 | — | -47.7% | ||
| Q2 24 | — | -33.7% | ||
| Q1 24 | — | -44.4% |
| Q4 25 | -173.9% | — | ||
| Q3 25 | -53.7% | -163.8% | ||
| Q2 25 | -172.7% | -74.7% | ||
| Q1 25 | -132.9% | -90.6% | ||
| Q4 24 | — | -50.5% | ||
| Q3 24 | — | -61.9% | ||
| Q2 24 | — | -120.3% | ||
| Q1 24 | — | -56.0% |
| Q4 25 | $-0.11 | — | ||
| Q3 25 | $-0.03 | $-12.14 | ||
| Q2 25 | $-0.03 | $-8.03 | ||
| Q1 25 | $-0.13 | $-17.44 | ||
| Q4 24 | — | $-10.26 | ||
| Q3 24 | — | $-13.10 | ||
| Q2 24 | — | $-30.93 | ||
| Q1 24 | — | $-16.92 |
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 | $4.3M |
| Total DebtLower is stronger | $110.0M | — |
| Stockholders' EquityBook value | $229.2M | $2.7M |
| Total Assets | $430.4M | $61.6M |
| Debt / EquityLower = less leverage | 0.48× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $52.4M | — | ||
| Q3 25 | $91.9M | $4.3M | ||
| Q2 25 | $26.9M | $3.9M | ||
| Q1 25 | $29.7M | $3.2M | ||
| Q4 24 | — | $4.3M | ||
| Q3 24 | — | $4.5M | ||
| Q2 24 | — | $5.7M | ||
| Q1 24 | — | $5.1M |
| Q4 25 | $110.0M | — | ||
| Q3 25 | $109.3M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $229.2M | — | ||
| Q3 25 | $248.6M | $2.7M | ||
| Q2 25 | $264.7M | $2.3M | ||
| Q1 25 | $267.9M | $2.3M | ||
| Q4 24 | — | $2.4M | ||
| Q3 24 | — | $10.1M | ||
| Q2 24 | — | $3.7M | ||
| Q1 24 | — | $-22.5M |
| Q4 25 | $430.4M | — | ||
| Q3 25 | $441.9M | $61.6M | ||
| Q2 25 | $359.4M | $63.1M | ||
| Q1 25 | $362.6M | $63.5M | ||
| Q4 24 | — | $68.2M | ||
| Q3 24 | — | $72.3M | ||
| Q2 24 | — | $79.8M | ||
| Q1 24 | — | $85.1M |
| 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 | $-4.9M |
| Free Cash FlowOCF − Capex | $7.2M | $-4.9M |
| FCF MarginFCF / Revenue | 57.8% | -35.6% |
| Capex IntensityCapex / Revenue | 46.7% | 0.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-45.0M | $-20.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $12.9M | — | ||
| Q3 25 | $-20.3M | $-4.9M | ||
| Q2 25 | $-9.9M | $-5.4M | ||
| Q1 25 | $-7.7M | $-6.3M | ||
| Q4 24 | — | $-3.8M | ||
| Q3 24 | — | $-3.0M | ||
| Q2 24 | — | $-1.3M | ||
| Q1 24 | — | $-2.9M |
| Q4 25 | $7.2M | — | ||
| Q3 25 | $-26.3M | $-4.9M | ||
| Q2 25 | $-14.1M | $-5.6M | ||
| Q1 25 | $-11.7M | $-6.3M | ||
| Q4 24 | — | $-3.9M | ||
| Q3 24 | — | $-3.1M | ||
| Q2 24 | — | $-1.4M | ||
| Q1 24 | — | $-2.9M |
| Q4 25 | 57.8% | — | ||
| Q3 25 | -296.6% | -35.6% | ||
| Q2 25 | -385.2% | -35.8% | ||
| Q1 25 | -64.1% | -46.5% | ||
| Q4 24 | — | -24.7% | ||
| Q3 24 | — | -20.3% | ||
| Q2 24 | — | -8.2% | ||
| Q1 24 | — | -16.6% |
| Q4 25 | 46.7% | — | ||
| Q3 25 | 68.0% | 0.1% | ||
| Q2 25 | 115.1% | 1.0% | ||
| Q1 25 | 21.7% | 0.3% | ||
| Q4 24 | — | 0.5% | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | 0.1% | ||
| Q1 24 | — | 0.1% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EU
Segment breakdown not available.
VERO
| Products And Services | $10.8M | 79% |
| Leases | $2.9M | 21% |