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Side-by-side financial comparison of FB Financial Corp (FBK) and PicoCELA Inc. (PCLA). Click either name above to swap in a different company.

PicoCELA Inc. is the larger business by last-quarter revenue ($252.6M vs $178.6M, roughly 1.4× FB Financial Corp). FB Financial Corp runs the higher net margin — 31.9% vs -125.2%, a 157.1% gap on every dollar of revenue. FB Financial Corp produced more free cash flow last quarter ($147.0M vs $-256.6M).

Fubon Financial Holding Co., Ltd. is a financial investment holding company consists of the following key subsidiaries: Fubon Asset Management, Fubon Insurance Co. Ltd., Fubon Securities, Fubon Bank, Fubon Life, Fubon Bank (China) and Fubon Bank Limited. The holding company was setup on 19 December 2001.

PicoCELA Inc. is a global technology company specializing in low-power, high-reliability wireless connectivity solutions, including Wi-Fi HaLow modules and edge network infrastructure. It caters to industrial IoT, smart city, retail, and smart home segments, with a primary operational footprint across Asia, North America, and European markets.

FBK vs PCLA — Head-to-Head

Bigger by revenue
PCLA
PCLA
1.4× larger
PCLA
$252.6M
$178.6M
FBK
Higher net margin
FBK
FBK
157.1% more per $
FBK
31.9%
-125.2%
PCLA
More free cash flow
FBK
FBK
$403.6M more FCF
FBK
$147.0M
$-256.6M
PCLA

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
FBK
FBK
PCLA
PCLA
Revenue
$178.6M
$252.6M
Net Profit
$57.0M
$-316.2M
Gross Margin
Operating Margin
39.1%
-114.8%
Net Margin
31.9%
-125.2%
Revenue YoY
37.0%
Net Profit YoY
50.4%
EPS (diluted)
$1.12

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
FBK
FBK
PCLA
PCLA
Q4 25
$178.6M
Q3 25
$173.9M
Q2 25
$76.9M
Q1 25
$130.7M
$252.6M
Q4 24
$130.4M
Q3 24
$89.5M
Q2 24
$128.2M
Q1 24
$107.5M
Net Profit
FBK
FBK
PCLA
PCLA
Q4 25
$57.0M
Q3 25
$23.4M
Q2 25
$2.9M
Q1 25
$39.4M
$-316.2M
Q4 24
$37.9M
Q3 24
$10.2M
Q2 24
$40.0M
Q1 24
$27.9M
Operating Margin
FBK
FBK
PCLA
PCLA
Q4 25
39.1%
Q3 25
17.0%
Q2 25
-12.7%
Q1 25
37.4%
-114.8%
Q4 24
38.4%
Q3 24
12.7%
Q2 24
39.7%
Q1 24
31.9%
Net Margin
FBK
FBK
PCLA
PCLA
Q4 25
31.9%
Q3 25
13.4%
Q2 25
3.8%
Q1 25
30.1%
-125.2%
Q4 24
29.1%
Q3 24
11.4%
Q2 24
31.2%
Q1 24
26.0%
EPS (diluted)
FBK
FBK
PCLA
PCLA
Q4 25
$1.12
Q3 25
$0.43
Q2 25
$0.06
Q1 25
$0.84
Q4 24
$0.82
Q3 24
$0.22
Q2 24
$0.85
Q1 24
$0.59

Balance Sheet & Financial Strength

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

Metric
FBK
FBK
PCLA
PCLA
Cash + ST InvestmentsLiquidity on hand
$1.2B
$456.8M
Total DebtLower is stronger
$212.8M
Stockholders' EquityBook value
$1.9B
$354.8M
Total Assets
$16.3B
$1.2B
Debt / EquityLower = less leverage
0.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FBK
FBK
PCLA
PCLA
Q4 25
$1.2B
Q3 25
$1.3B
Q2 25
$1.2B
Q1 25
$794.7M
$456.8M
Q4 24
$1.0B
Q3 24
$951.8M
Q2 24
$800.9M
Q1 24
$870.7M
Total Debt
FBK
FBK
PCLA
PCLA
Q4 25
$212.8M
Q3 25
$213.6M
Q2 25
Q1 25
Q4 24
$176.8M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
FBK
FBK
PCLA
PCLA
Q4 25
$1.9B
Q3 25
$2.0B
Q2 25
$1.6B
Q1 25
$1.6B
$354.8M
Q4 24
$1.6B
Q3 24
$1.6B
Q2 24
$1.5B
Q1 24
$1.5B
Total Assets
FBK
FBK
PCLA
PCLA
Q4 25
$16.3B
Q3 25
$16.2B
Q2 25
$13.4B
Q1 25
$13.1B
$1.2B
Q4 24
$13.2B
Q3 24
$12.9B
Q2 24
$12.5B
Q1 24
$12.5B
Debt / Equity
FBK
FBK
PCLA
PCLA
Q4 25
0.11×
Q3 25
0.11×
Q2 25
Q1 25
Q4 24
0.11×
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
FBK
FBK
PCLA
PCLA
Operating Cash FlowLast quarter
$155.9M
$-245.6M
Free Cash FlowOCF − Capex
$147.0M
$-256.6M
FCF MarginFCF / Revenue
82.3%
-101.6%
Capex IntensityCapex / Revenue
5.0%
4.3%
Cash ConversionOCF / Net Profit
2.74×
TTM Free Cash FlowTrailing 4 quarters
$242.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FBK
FBK
PCLA
PCLA
Q4 25
$155.9M
Q3 25
$47.7M
Q2 25
$71.8M
Q1 25
$-16.5M
$-245.6M
Q4 24
$138.8M
Q3 24
$57.8M
Q2 24
$30.6M
Q1 24
$36.3M
Free Cash Flow
FBK
FBK
PCLA
PCLA
Q4 25
$147.0M
Q3 25
$45.6M
Q2 25
$68.4M
Q1 25
$-18.1M
$-256.6M
Q4 24
$132.3M
Q3 24
$56.7M
Q2 24
$28.4M
Q1 24
$34.6M
FCF Margin
FBK
FBK
PCLA
PCLA
Q4 25
82.3%
Q3 25
26.2%
Q2 25
89.0%
Q1 25
-13.9%
-101.6%
Q4 24
101.4%
Q3 24
63.3%
Q2 24
22.1%
Q1 24
32.2%
Capex Intensity
FBK
FBK
PCLA
PCLA
Q4 25
5.0%
Q3 25
1.2%
Q2 25
4.4%
Q1 25
1.3%
4.3%
Q4 24
5.0%
Q3 24
1.2%
Q2 24
1.7%
Q1 24
1.5%
Cash Conversion
FBK
FBK
PCLA
PCLA
Q4 25
2.74×
Q3 25
2.04×
Q2 25
24.68×
Q1 25
-0.42×
Q4 24
3.66×
Q3 24
5.65×
Q2 24
0.77×
Q1 24
1.30×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FBK
FBK

Segment breakdown not available.

PCLA
PCLA

Revenue from product$179.1M71%
Revenue from SaaS, Maintenance and others$42.4M17%
Revenue from product – related party$31.0M12%

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