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Side-by-side financial comparison of Falcon's Beyond Global, Inc. (FBYD) and IM Cannabis Corp. (IMCC). Click either name above to swap in a different company.

IM Cannabis Corp. is the larger business by last-quarter revenue ($9.3M vs $6.6M, roughly 1.4× Falcon's Beyond Global, Inc.). IM Cannabis Corp. runs the higher net margin — -1.5% vs -4.5%, a 3.0% gap on every dollar of revenue. On growth, Falcon's Beyond Global, Inc. posted the faster year-over-year revenue change (383.5% vs -13.9%).

500 Global is an early-stage venture fund and seed accelerator founded in 2010 by Dave McClure and Christine Tsai. The fund admitted a first "class" of twelve startups to its incubator office in Mountain View, California in February 2011. They expanded to a second class of 21 in June 2011 and a third class of 34 in October 2011. 500 Global has $2.3 billion in assets under management (AUM) as of March 2024.

IM Cannabis Corp is a global cannabis enterprise focused on the cultivation, production, distribution and retail of medical and adult-use cannabis products. It runs business across core markets including North America, the European Union and Israel, offering branded cannabis goods, wellness derivatives and related consumer products to medical patients and recreational users.

FBYD vs IMCC — Head-to-Head

Bigger by revenue
IMCC
IMCC
1.4× larger
IMCC
$9.3M
$6.6M
FBYD
Growing faster (revenue YoY)
FBYD
FBYD
+397.4% gap
FBYD
383.5%
-13.9%
IMCC
Higher net margin
IMCC
IMCC
3.0% more per $
IMCC
-1.5%
-4.5%
FBYD

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
FBYD
FBYD
IMCC
IMCC
Revenue
$6.6M
$9.3M
Net Profit
$-296.0K
$-141.6K
Gross Margin
27.0%
Operating Margin
-30.9%
-2.8%
Net Margin
-4.5%
-1.5%
Revenue YoY
383.5%
-13.9%
Net Profit YoY
97.5%
94.4%
EPS (diluted)
$-0.01

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
FBYD
FBYD
IMCC
IMCC
Q4 25
$6.6M
Q3 25
$4.1M
Q2 25
$2.5M
$9.3M
Q1 25
$1.7M
Q4 24
$1.4M
Q3 24
$2.1M
Q2 24
$1.8M
$10.8M
Q1 24
$1.5M
Net Profit
FBYD
FBYD
IMCC
IMCC
Q4 25
$-296.0K
Q3 25
$-10.4M
Q2 25
$25.1M
$-141.6K
Q1 25
$-8.1M
Q4 24
$-11.9M
Q3 24
$39.3M
Q2 24
$8.0M
$-2.5M
Q1 24
$114.0M
Gross Margin
FBYD
FBYD
IMCC
IMCC
Q4 25
Q3 25
Q2 25
27.0%
Q1 25
Q4 24
Q3 24
Q2 24
5.7%
Q1 24
Operating Margin
FBYD
FBYD
IMCC
IMCC
Q4 25
-30.9%
Q3 25
-90.9%
Q2 25
-53.0%
-2.8%
Q1 25
-371.1%
Q4 24
-335.6%
Q3 24
-118.9%
Q2 24
-195.9%
-19.5%
Q1 24
-350.5%
Net Margin
FBYD
FBYD
IMCC
IMCC
Q4 25
-4.5%
Q3 25
-256.8%
Q2 25
985.2%
-1.5%
Q1 25
-473.8%
Q4 24
-871.7%
Q3 24
1899.5%
Q2 24
446.5%
-23.4%
Q1 24
7521.4%
EPS (diluted)
FBYD
FBYD
IMCC
IMCC
Q4 25
$-0.01
Q3 25
$-0.13
Q2 25
$0.30
Q1 25
$-0.13
Q4 24
$-0.25
Q3 24
$0.39
Q2 24
$0.00
Q1 24
$1.27

Balance Sheet & Financial Strength

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

Metric
FBYD
FBYD
IMCC
IMCC
Cash + ST InvestmentsLiquidity on hand
$1.9M
$579.6K
Total DebtLower is stronger
$15.6M
Stockholders' EquityBook value
$11.9M
$3.0M
Total Assets
$66.7M
$30.0M
Debt / EquityLower = less leverage
1.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FBYD
FBYD
IMCC
IMCC
Q4 25
$1.9M
Q3 25
$4.3M
Q2 25
$26.1M
$579.6K
Q1 25
$1.1M
Q4 24
$825.0K
Q3 24
$828.0K
Q2 24
$1.7M
$511.0K
Q1 24
$1.1M
Total Debt
FBYD
FBYD
IMCC
IMCC
Q4 25
$15.6M
Q3 25
Q2 25
Q1 25
Q4 24
$41.2M
Q3 24
$10.3M
Q2 24
$15.7M
Q1 24
$15.1M
Stockholders' Equity
FBYD
FBYD
IMCC
IMCC
Q4 25
$11.9M
Q3 25
$9.2M
Q2 25
$414.0K
$3.0M
Q1 25
$-11.6M
Q4 24
$-9.0M
Q3 24
$-1.4M
Q2 24
$-44.7M
$4.0M
Q1 24
$-61.7M
Total Assets
FBYD
FBYD
IMCC
IMCC
Q4 25
$66.7M
Q3 25
$66.8M
Q2 25
$89.2M
$30.0M
Q1 25
$56.7M
Q4 24
$61.2M
Q3 24
$66.5M
Q2 24
$65.9M
$29.4M
Q1 24
$67.8M
Debt / Equity
FBYD
FBYD
IMCC
IMCC
Q4 25
1.31×
Q3 25
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
FBYD
FBYD
IMCC
IMCC
Operating Cash FlowLast quarter
$-4.3M
Free Cash FlowOCF − Capex
$-4.3M
FCF MarginFCF / Revenue
-66.0%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FBYD
FBYD
IMCC
IMCC
Q4 25
$-4.3M
Q3 25
$-13.3M
Q2 25
$-7.9M
Q1 25
$945.0K
Q4 24
$-3.8M
Q3 24
$-2.4M
Q2 24
$-2.6M
Q1 24
$-3.8M
Free Cash Flow
FBYD
FBYD
IMCC
IMCC
Q4 25
$-4.3M
Q3 25
$-13.4M
Q2 25
Q1 25
$853.0K
Q4 24
$-3.8M
Q3 24
$-2.4M
Q2 24
$-2.6M
Q1 24
$-3.8M
FCF Margin
FBYD
FBYD
IMCC
IMCC
Q4 25
-66.0%
Q3 25
-329.6%
Q2 25
Q1 25
49.9%
Q4 24
-278.7%
Q3 24
-114.9%
Q2 24
-145.6%
Q1 24
-248.8%
Capex Intensity
FBYD
FBYD
IMCC
IMCC
Q4 25
0.3%
Q3 25
1.0%
Q2 25
0.0%
Q1 25
5.4%
Q4 24
0.1%
Q3 24
0.2%
Q2 24
0.1%
Q1 24
0.3%
Cash Conversion
FBYD
FBYD
IMCC
IMCC
Q4 25
Q3 25
Q2 25
-0.31×
Q1 25
Q4 24
Q3 24
-0.06×
Q2 24
-0.33×
Q1 24
-0.03×

Financial Flow Comparison

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

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