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

enCore Energy Corp. is the larger business by last-quarter revenue ($12.4M vs $7.6M, roughly 1.6× Zedge, Inc.). Zedge, Inc. runs the higher net margin — 10.4% vs -173.9%, a 184.3% gap on every dollar of revenue. enCore Energy Corp. produced more free cash flow last quarter ($7.2M vs $808.0K).

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.

Zedge is a content distribution platform that provides consumers with a way to personalize their mobile devices. It has offices in Trondheim, Vilnius, and New York City.

EU vs ZDGE — Head-to-Head

Bigger by revenue
EU
EU
1.6× larger
EU
$12.4M
$7.6M
ZDGE
Higher net margin
ZDGE
ZDGE
184.3% more per $
ZDGE
10.4%
-173.9%
EU
More free cash flow
EU
EU
$6.3M more FCF
EU
$7.2M
$808.0K
ZDGE

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
EU
EU
ZDGE
ZDGE
Revenue
$12.4M
$7.6M
Net Profit
$-21.5M
$788.0K
Gross Margin
37.9%
Operating Margin
-135.9%
12.0%
Net Margin
-173.9%
10.4%
Revenue YoY
5.8%
Net Profit YoY
332.4%
EPS (diluted)
$-0.11
$0.06

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
ZDGE
ZDGE
Q4 25
$12.4M
$7.6M
Q3 25
$8.9M
$7.5M
Q2 25
$3.7M
$7.8M
Q1 25
$18.2M
$7.0M
Q4 24
$7.2M
Q3 24
$7.6M
Q2 24
$7.7M
Q1 24
$7.8M
Net Profit
EU
EU
ZDGE
ZDGE
Q4 25
$-21.5M
$788.0K
Q3 25
$-4.8M
$-559.0K
Q2 25
$-6.3M
$185.0K
Q1 25
$-24.2M
$-1.7M
Q4 24
$-339.0K
Q3 24
$-39.0K
Q2 24
$113.0K
Q1 24
$-9.2M
Gross Margin
EU
EU
ZDGE
ZDGE
Q4 25
37.9%
Q3 25
43.8%
Q2 25
30.8%
Q1 25
-0.1%
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
EU
EU
ZDGE
ZDGE
Q4 25
-135.9%
12.0%
Q3 25
-158.2%
-9.6%
Q2 25
-526.1%
2.1%
Q1 25
-85.7%
-31.8%
Q4 24
-6.4%
Q3 24
-0.8%
Q2 24
-1.7%
Q1 24
-153.5%
Net Margin
EU
EU
ZDGE
ZDGE
Q4 25
-173.9%
10.4%
Q3 25
-53.7%
-7.5%
Q2 25
-172.7%
2.4%
Q1 25
-132.9%
-24.1%
Q4 24
-4.7%
Q3 24
-0.5%
Q2 24
1.5%
Q1 24
-118.8%
EPS (diluted)
EU
EU
ZDGE
ZDGE
Q4 25
$-0.11
$0.06
Q3 25
$-0.03
$-0.04
Q2 25
$-0.03
$0.01
Q1 25
$-0.13
$-0.12
Q4 24
$-0.02
Q3 24
$0.00
Q2 24
$0.01
Q1 24
$-0.66

Balance Sheet & Financial Strength

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

Metric
EU
EU
ZDGE
ZDGE
Cash + ST InvestmentsLiquidity on hand
$52.4M
$18.5M
Total DebtLower is stronger
$110.0M
Stockholders' EquityBook value
$229.2M
$25.9M
Total Assets
$430.4M
$36.0M
Debt / EquityLower = less leverage
0.48×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EU
EU
ZDGE
ZDGE
Q4 25
$52.4M
$18.5M
Q3 25
$91.9M
$18.6M
Q2 25
$26.9M
$20.4M
Q1 25
$29.7M
$20.1M
Q4 24
$20.2M
Q3 24
$20.0M
Q2 24
$19.9M
Q1 24
$18.1M
Total Debt
EU
EU
ZDGE
ZDGE
Q4 25
$110.0M
Q3 25
$109.3M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
EU
EU
ZDGE
ZDGE
Q4 25
$229.2M
$25.9M
Q3 25
$248.6M
$25.9M
Q2 25
$264.7M
$28.6M
Q1 25
$267.9M
$28.2M
Q4 24
$30.1M
Q3 24
$30.9M
Q2 24
$30.9M
Q1 24
$30.7M
Total Assets
EU
EU
ZDGE
ZDGE
Q4 25
$430.4M
$36.0M
Q3 25
$441.9M
$35.7M
Q2 25
$359.4M
$37.8M
Q1 25
$362.6M
$37.1M
Q4 24
$38.2M
Q3 24
$38.2M
Q2 24
$38.1M
Q1 24
$37.1M
Debt / Equity
EU
EU
ZDGE
ZDGE
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
EU
EU
ZDGE
ZDGE
Operating Cash FlowLast quarter
$12.9M
$825.0K
Free Cash FlowOCF − Capex
$7.2M
$808.0K
FCF MarginFCF / Revenue
57.8%
10.6%
Capex IntensityCapex / Revenue
46.7%
0.2%
Cash ConversionOCF / Net Profit
1.05×
TTM Free Cash FlowTrailing 4 quarters
$-45.0M
$3.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EU
EU
ZDGE
ZDGE
Q4 25
$12.9M
$825.0K
Q3 25
$-20.3M
$674.0K
Q2 25
$-9.9M
$870.0K
Q1 25
$-7.7M
$708.0K
Q4 24
$1.2M
Q3 24
$695.0K
Q2 24
$2.3M
Q1 24
$1.6M
Free Cash Flow
EU
EU
ZDGE
ZDGE
Q4 25
$7.2M
$808.0K
Q3 25
$-26.3M
$640.0K
Q2 25
$-14.1M
$851.0K
Q1 25
$-11.7M
$689.0K
Q4 24
$1.2M
Q3 24
$683.0K
Q2 24
$2.3M
Q1 24
$1.6M
FCF Margin
EU
EU
ZDGE
ZDGE
Q4 25
57.8%
10.6%
Q3 25
-296.6%
8.6%
Q2 25
-385.2%
11.0%
Q1 25
-64.1%
9.9%
Q4 24
16.1%
Q3 24
9.0%
Q2 24
30.4%
Q1 24
20.0%
Capex Intensity
EU
EU
ZDGE
ZDGE
Q4 25
46.7%
0.2%
Q3 25
68.0%
0.5%
Q2 25
115.1%
0.2%
Q1 25
21.7%
0.3%
Q4 24
0.2%
Q3 24
0.2%
Q2 24
0.2%
Q1 24
0.0%
Cash Conversion
EU
EU
ZDGE
ZDGE
Q4 25
1.05×
Q3 25
Q2 25
4.70×
Q1 25
Q4 24
Q3 24
Q2 24
20.73×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

EU
EU

Segment breakdown not available.

ZDGE
ZDGE

Zedge Marketplace$7.1M94%
Other$468.0K6%

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