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Side-by-side financial comparison of Evommune, Inc. (EVMN) and FIRST CAPITAL INC (FCAP). Click either name above to swap in a different company.

FIRST CAPITAL INC is the larger business by last-quarter revenue ($13.5M vs $10.0M, roughly 1.3× Evommune, Inc.). FIRST CAPITAL INC runs the higher net margin — 36.2% vs -124.8%, a 160.9% gap on every dollar of revenue. FIRST CAPITAL INC produced more free cash flow last quarter ($19.9M vs $-59.9M).

Evommune, Inc. is a clinical-stage biotechnology company focused on developing innovative therapies for chronic inflammatory and immunological diseases. Its pipeline includes novel candidates targeting unmet medical needs for conditions such as atopic dermatitis, psoriasis, and other immune-mediated disorders, primarily serving global healthcare markets.

Capital First Ltd, formerly known as Future Capital Holdings, was an Indian non-bank financial institution which provided debt financing. In December 2018, it was merged into IDFC Bank to form IDFC First Bank. The company was listed on the NSE and BSE prior to the merger.

EVMN vs FCAP — Head-to-Head

Bigger by revenue
FCAP
FCAP
1.3× larger
FCAP
$13.5M
$10.0M
EVMN
Higher net margin
FCAP
FCAP
160.9% more per $
FCAP
36.2%
-124.8%
EVMN
More free cash flow
FCAP
FCAP
$79.8M more FCF
FCAP
$19.9M
$-59.9M
EVMN

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
EVMN
EVMN
FCAP
FCAP
Revenue
$10.0M
$13.5M
Net Profit
$-12.5M
$4.9M
Gross Margin
Operating Margin
-133.3%
Net Margin
-124.8%
36.2%
Revenue YoY
19.0%
Net Profit YoY
49.6%
EPS (diluted)
$-8.07
$1.45

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
EVMN
EVMN
FCAP
FCAP
Q4 25
$13.5M
Q3 25
$10.0M
$13.3M
Q2 25
$12.4M
Q1 25
$11.4M
Q4 24
$11.3M
Q3 24
$10.9M
Q2 24
$10.7M
Q1 24
$10.5M
Net Profit
EVMN
EVMN
FCAP
FCAP
Q4 25
$4.9M
Q3 25
$-12.5M
$4.5M
Q2 25
$3.8M
Q1 25
$3.2M
Q4 24
$3.3M
Q3 24
$2.9M
Q2 24
$2.8M
Q1 24
$3.0M
Operating Margin
EVMN
EVMN
FCAP
FCAP
Q4 25
Q3 25
-133.3%
41.8%
Q2 25
37.2%
Q1 25
34.2%
Q4 24
34.8%
Q3 24
31.5%
Q2 24
31.1%
Q1 24
33.0%
Net Margin
EVMN
EVMN
FCAP
FCAP
Q4 25
36.2%
Q3 25
-124.8%
33.8%
Q2 25
30.4%
Q1 25
28.3%
Q4 24
28.8%
Q3 24
26.5%
Q2 24
26.5%
Q1 24
28.1%
EPS (diluted)
EVMN
EVMN
FCAP
FCAP
Q4 25
$1.45
Q3 25
$-8.07
$1.34
Q2 25
$1.13
Q1 25
$0.97
Q4 24
$0.97
Q3 24
$0.87
Q2 24
$0.85
Q1 24
$0.88

Balance Sheet & Financial Strength

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

Metric
EVMN
EVMN
FCAP
FCAP
Cash + ST InvestmentsLiquidity on hand
$76.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$-183.1M
$137.8M
Total Assets
$84.5M
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EVMN
EVMN
FCAP
FCAP
Q4 25
Q3 25
$76.1M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
EVMN
EVMN
FCAP
FCAP
Q4 25
$137.8M
Q3 25
$-183.1M
$132.4M
Q2 25
$123.2M
Q1 25
$120.1M
Q4 24
$114.6M
Q3 24
$116.8M
Q2 24
$107.8M
Q1 24
$105.7M
Total Assets
EVMN
EVMN
FCAP
FCAP
Q4 25
$1.3B
Q3 25
$84.5M
$1.2B
Q2 25
$1.2B
Q1 25
$1.2B
Q4 24
$1.2B
Q3 24
$1.2B
Q2 24
$1.2B
Q1 24
$1.2B

Cash Flow & Capital Efficiency

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

Metric
EVMN
EVMN
FCAP
FCAP
Operating Cash FlowLast quarter
$-59.7M
$21.3M
Free Cash FlowOCF − Capex
$-59.9M
$19.9M
FCF MarginFCF / Revenue
-598.7%
147.7%
Capex IntensityCapex / Revenue
1.3%
10.0%
Cash ConversionOCF / Net Profit
4.36×
TTM Free Cash FlowTrailing 4 quarters
$35.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EVMN
EVMN
FCAP
FCAP
Q4 25
$21.3M
Q3 25
$-59.7M
$7.9M
Q2 25
$3.7M
Q1 25
$4.4M
Q4 24
$22.3M
Q3 24
$7.6M
Q2 24
$3.5M
Q1 24
$7.2M
Free Cash Flow
EVMN
EVMN
FCAP
FCAP
Q4 25
$19.9M
Q3 25
$-59.9M
$7.8M
Q2 25
$3.5M
Q1 25
$4.2M
Q4 24
$21.6M
Q3 24
$7.5M
Q2 24
$3.3M
Q1 24
$7.1M
FCF Margin
EVMN
EVMN
FCAP
FCAP
Q4 25
147.7%
Q3 25
-598.7%
58.6%
Q2 25
27.8%
Q1 25
36.5%
Q4 24
190.7%
Q3 24
68.6%
Q2 24
31.2%
Q1 24
67.2%
Capex Intensity
EVMN
EVMN
FCAP
FCAP
Q4 25
10.0%
Q3 25
1.3%
1.2%
Q2 25
2.2%
Q1 25
1.9%
Q4 24
6.3%
Q3 24
0.8%
Q2 24
1.4%
Q1 24
1.5%
Cash Conversion
EVMN
EVMN
FCAP
FCAP
Q4 25
4.36×
Q3 25
1.77×
Q2 25
0.99×
Q1 25
1.36×
Q4 24
6.84×
Q3 24
2.62×
Q2 24
1.23×
Q1 24
2.45×

Financial Flow Comparison

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

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