vs

Side-by-side financial comparison of enCore Energy Corp. (EU) and VisionWave Holdings, Inc. (VWAV). Click either name above to swap in a different company.

enCore Energy Corp. is the larger business by last-quarter revenue ($12.4M vs $10.0M, roughly 1.2× VisionWave Holdings, Inc.). VisionWave Holdings, Inc. runs the higher net margin — -69.4% vs -173.9%, a 104.6% gap on every dollar of revenue.

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.

CoMix Wave Films, Inc. is a Japanese independent animation film studio and distribution company based in Chiyoda, Tokyo, Japan. The studio is known for its anime feature films, short films, and television commercials, particularly those made by director Makoto Shinkai. It was founded in March 2007 when it split from CoMix Wave Inc., which was initially formed in 1998 from Itochu Corporation, ASATSU, and other companies. On 15 October 2024, Toho announced that they'd acquired 45 shares or 6.0...

EU vs VWAV — Head-to-Head

Bigger by revenue
EU
EU
1.2× larger
EU
$12.4M
$10.0M
VWAV
Higher net margin
VWAV
VWAV
104.6% more per $
VWAV
-69.4%
-173.9%
EU

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
EU
EU
VWAV
VWAV
Revenue
$12.4M
$10.0M
Net Profit
$-21.5M
$-6.9M
Gross Margin
37.9%
Operating Margin
-135.9%
-65.7%
Net Margin
-173.9%
-69.4%
Revenue YoY
Net Profit YoY
-1522.6%
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.

Revenue
EU
EU
VWAV
VWAV
Q4 25
$12.4M
$10.0M
Q3 25
$8.9M
Q2 25
$3.7M
Q1 25
$18.2M
Net Profit
EU
EU
VWAV
VWAV
Q4 25
$-21.5M
$-6.9M
Q3 25
$-4.8M
Q2 25
$-6.3M
Q1 25
$-24.2M
Gross Margin
EU
EU
VWAV
VWAV
Q4 25
37.9%
Q3 25
43.8%
Q2 25
30.8%
Q1 25
-0.1%
Operating Margin
EU
EU
VWAV
VWAV
Q4 25
-135.9%
-65.7%
Q3 25
-158.2%
Q2 25
-526.1%
Q1 25
-85.7%
Net Margin
EU
EU
VWAV
VWAV
Q4 25
-173.9%
-69.4%
Q3 25
-53.7%
Q2 25
-172.7%
Q1 25
-132.9%
EPS (diluted)
EU
EU
VWAV
VWAV
Q4 25
$-0.11
Q3 25
$-0.03
Q2 25
$-0.03
Q1 25
$-0.13

Balance Sheet & Financial Strength

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

Metric
EU
EU
VWAV
VWAV
Cash + ST InvestmentsLiquidity on hand
$52.4M
$15.7K
Total DebtLower is stronger
$110.0M
Stockholders' EquityBook value
$229.2M
$3.1M
Total Assets
$430.4M
$18.4M
Debt / EquityLower = less leverage
0.48×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EU
EU
VWAV
VWAV
Q4 25
$52.4M
$15.7K
Q3 25
$91.9M
Q2 25
$26.9M
Q1 25
$29.7M
Total Debt
EU
EU
VWAV
VWAV
Q4 25
$110.0M
Q3 25
$109.3M
Q2 25
Q1 25
Stockholders' Equity
EU
EU
VWAV
VWAV
Q4 25
$229.2M
$3.1M
Q3 25
$248.6M
Q2 25
$264.7M
Q1 25
$267.9M
Total Assets
EU
EU
VWAV
VWAV
Q4 25
$430.4M
$18.4M
Q3 25
$441.9M
Q2 25
$359.4M
Q1 25
$362.6M
Debt / Equity
EU
EU
VWAV
VWAV
Q4 25
0.48×
Q3 25
0.44×
Q2 25
Q1 25

Cash Flow & Capital Efficiency

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

Metric
EU
EU
VWAV
VWAV
Operating Cash FlowLast quarter
$12.9M
$-5.4M
Free Cash FlowOCF − Capex
$7.2M
FCF MarginFCF / Revenue
57.8%
Capex IntensityCapex / Revenue
46.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-45.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EU
EU
VWAV
VWAV
Q4 25
$12.9M
$-5.4M
Q3 25
$-20.3M
Q2 25
$-9.9M
Q1 25
$-7.7M
Free Cash Flow
EU
EU
VWAV
VWAV
Q4 25
$7.2M
Q3 25
$-26.3M
Q2 25
$-14.1M
Q1 25
$-11.7M
FCF Margin
EU
EU
VWAV
VWAV
Q4 25
57.8%
Q3 25
-296.6%
Q2 25
-385.2%
Q1 25
-64.1%
Capex Intensity
EU
EU
VWAV
VWAV
Q4 25
46.7%
Q3 25
68.0%
Q2 25
115.1%
Q1 25
21.7%

Financial Flow Comparison

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

Related Comparisons