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Side-by-side financial comparison of Envirotech Vehicles, Inc. (EVTV) and INVO Fertility, Inc. (IVF). Click either name above to swap in a different company.

Envirotech Vehicles, Inc. is the larger business by last-quarter revenue ($2.5M vs $1.8M, roughly 1.4× INVO Fertility, Inc.). INVO Fertility, Inc. runs the higher net margin — -150.5% vs -545.9%, a 395.4% gap on every dollar of revenue. On growth, Envirotech Vehicles, Inc. posted the faster year-over-year revenue change (908.5% vs 22.6%). Over the past eight quarters, Envirotech Vehicles, Inc.'s revenue compounded faster (75.2% CAGR vs 12.8%).

Envirotech Vehicles, Inc. is a provider of zero-emission commercial electric vehicles, with product lines covering light-duty delivery vans, medium-duty work trucks, and purpose-built special electric vehicles. It mainly serves North American logistics, municipal services, and last-mile delivery segments, supporting custom vehicle configuration to match clients' specific operational requirements.

INVO Fertility, Inc. is a specialized healthcare company focused on delivering accessible assisted reproductive technology solutions. It develops, manufactures and markets the patented INVOcell intravaginal culture system for in vitro fertilization procedures, serving fertility clinics and patients across North America, Europe and other global regions, with a mission to reduce barriers to high-quality fertility care.

EVTV vs IVF — Head-to-Head

Bigger by revenue
EVTV
EVTV
1.4× larger
EVTV
$2.5M
$1.8M
IVF
Growing faster (revenue YoY)
EVTV
EVTV
+885.9% gap
EVTV
908.5%
22.6%
IVF
Higher net margin
IVF
IVF
395.4% more per $
IVF
-150.5%
-545.9%
EVTV
Faster 2-yr revenue CAGR
EVTV
EVTV
Annualised
EVTV
75.2%
12.8%
IVF

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
EVTV
EVTV
IVF
IVF
Revenue
$2.5M
$1.8M
Net Profit
$-13.6M
$-2.6M
Gross Margin
-479.8%
Operating Margin
-566.0%
-93.1%
Net Margin
-545.9%
-150.5%
Revenue YoY
908.5%
22.6%
Net Profit YoY
-484.0%
-62.2%
EPS (diluted)
$-0.77

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
EVTV
EVTV
IVF
IVF
Q4 25
$2.5M
Q3 25
$1.8M
$1.8M
Q2 25
$1.0M
$1.9M
Q1 25
$590.6K
$1.6M
Q4 24
$246.8K
$1.7M
Q3 24
$0
$1.4M
Q2 24
$812.8K
$1.8M
Q1 24
$810.5K
$1.6M
Net Profit
EVTV
EVTV
IVF
IVF
Q4 25
$-13.6M
Q3 25
$-6.4M
$-2.6M
Q2 25
$-5.1M
$-5.3M
Q1 25
$-14.0M
$-17.4M
Q4 24
$-3.6M
Q3 24
$-1.2M
$-1.6M
Q2 24
$-755.1K
$-2.2M
Q1 24
$-4.5M
$-1.6M
Gross Margin
EVTV
EVTV
IVF
IVF
Q4 25
-479.8%
Q3 25
4.5%
Q2 25
-139.2%
Q1 25
20.2%
35.2%
Q4 24
44.9%
41.4%
Q3 24
31.0%
Q2 24
25.1%
53.1%
Q1 24
38.0%
45.3%
Operating Margin
EVTV
EVTV
IVF
IVF
Q4 25
-566.0%
Q3 25
-334.5%
-93.1%
Q2 25
-458.4%
-160.4%
Q1 25
-2325.2%
-1042.1%
Q4 24
-202.0%
Q3 24
-90.7%
Q2 24
-163.0%
-100.9%
Q1 24
-364.8%
-95.7%
Net Margin
EVTV
EVTV
IVF
IVF
Q4 25
-545.9%
Q3 25
-350.8%
-150.5%
Q2 25
-491.6%
-283.6%
Q1 25
-2376.8%
-1060.1%
Q4 24
-211.3%
Q3 24
-113.8%
Q2 24
-92.9%
-122.2%
Q1 24
-559.2%
-101.3%
EPS (diluted)
EVTV
EVTV
IVF
IVF
Q4 25
Q3 25
$-0.77
Q2 25
$-13.30
Q1 25
$-12.53
Q4 24
$14.86
Q3 24
$-15.11
Q2 24
$-22.39
Q1 24
$-7.55

Balance Sheet & Financial Strength

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

Metric
EVTV
EVTV
IVF
IVF
Cash + ST InvestmentsLiquidity on hand
$359.0K
Total DebtLower is stronger
$485.8K
$2.0M
Stockholders' EquityBook value
$-8.9M
$5.8M
Total Assets
$4.7M
$18.8M
Debt / EquityLower = less leverage
0.34×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EVTV
EVTV
IVF
IVF
Q4 25
$359.0K
Q3 25
$77.6K
Q2 25
$942.2K
Q1 25
$211.3K
Q4 24
$1.9M
Q3 24
$682.7K
Q2 24
$437.1K
Q1 24
$1.0M
Total Debt
EVTV
EVTV
IVF
IVF
Q4 25
$485.8K
Q3 25
$2.9M
$2.0M
Q2 25
$4.9M
$4.8M
Q1 25
$4.6M
Q4 24
$3.4M
$7.5M
Q3 24
$918.1K
Q2 24
$1.3M
Q1 24
$1.1M
Stockholders' Equity
EVTV
EVTV
IVF
IVF
Q4 25
$-8.9M
Q3 25
$1.9M
$5.8M
Q2 25
$5.9M
$2.6M
Q1 25
$9.2M
$3.3M
Q4 24
$20.9M
$12.7M
Q3 24
$19.0M
$-23.3K
Q2 24
$18.1M
$1.4M
Q1 24
$18.5M
$10.2K
Total Assets
EVTV
EVTV
IVF
IVF
Q4 25
$4.7M
Q3 25
$18.2M
$18.8M
Q2 25
$22.7M
$19.3M
Q1 25
$24.8M
$31.7M
Q4 24
$32.7M
$46.4M
Q3 24
$22.8M
$17.0M
Q2 24
$22.5M
$17.8M
Q1 24
$23.2M
$17.3M
Debt / Equity
EVTV
EVTV
IVF
IVF
Q4 25
Q3 25
1.54×
0.34×
Q2 25
0.84×
1.83×
Q1 25
0.50×
Q4 24
0.16×
0.59×
Q3 24
0.05×
Q2 24
0.07×
Q1 24
0.06×

Cash Flow & Capital Efficiency

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

Metric
EVTV
EVTV
IVF
IVF
Operating Cash FlowLast quarter
$708.3K
$-1.8M
Free Cash FlowOCF − Capex
$-1.8M
FCF MarginFCF / Revenue
-101.6%
Capex IntensityCapex / Revenue
0.0%
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-7.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EVTV
EVTV
IVF
IVF
Q4 25
$708.3K
Q3 25
$-910.4K
$-1.8M
Q2 25
$-1.2M
$-1.7M
Q1 25
$-4.2M
$-3.5M
Q4 24
$-3.5M
$-617.4K
Q3 24
$-1.1M
$-640.8K
Q2 24
$-965.0K
$-1.5M
Q1 24
$-735.6K
$-260.6K
Free Cash Flow
EVTV
EVTV
IVF
IVF
Q4 25
Q3 25
$-1.8M
Q2 25
$-1.7M
Q1 25
$-4.4M
$-3.6M
Q4 24
$-3.9M
$-696.3K
Q3 24
$-1.2M
Q2 24
$-1.1M
$-1.5M
Q1 24
$-310.3K
FCF Margin
EVTV
EVTV
IVF
IVF
Q4 25
Q3 25
-101.6%
Q2 25
-92.6%
Q1 25
-744.1%
-216.9%
Q4 24
-1594.4%
-40.6%
Q3 24
Q2 24
-135.4%
-82.3%
Q1 24
-19.7%
Capex Intensity
EVTV
EVTV
IVF
IVF
Q4 25
0.0%
Q3 25
0.0%
0.5%
Q2 25
0.0%
0.5%
Q1 25
29.9%
0.9%
Q4 24
174.4%
4.6%
Q3 24
0.0%
Q2 24
16.6%
3.0%
Q1 24
0.0%
3.2%

Financial Flow Comparison

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

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