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Side-by-side financial comparison of 4D Molecular Therapeutics, Inc. (FDMT) and Galiano Gold Inc. (GAU). Click either name above to swap in a different company.

Galiano Gold Inc. is the larger business by last-quarter revenue ($166.8M vs $85.1M, roughly 2.0× 4D Molecular Therapeutics, Inc.). Over the past eight quarters, 4D Molecular Therapeutics, Inc.'s revenue compounded faster (5412.6% CAGR vs 1.3%).

4D Molecular Therapeutics is a clinical-stage biotechnology company specializing in the research and development of targeted adeno-associated virus (AAV) gene therapies. Its core product candidates address unmet medical needs in ophthalmology, cardiology, and pulmonary disease segments, serving global patient populations with rare and common hard-to-treat conditions.

Galiano Gold Inc. is a Canada-based mineral exploration and production firm focused on gold assets. Its core operation is the Asanko Gold Mine in Ghana, West Africa. It extracts, processes and sells gold products to global precious metals markets, catering to both industrial clients and investment sector purchasers.

FDMT vs GAU — Head-to-Head

Bigger by revenue
GAU
GAU
2.0× larger
GAU
$166.8M
$85.1M
FDMT
Faster 2-yr revenue CAGR
FDMT
FDMT
Annualised
FDMT
5412.6%
1.3%
GAU

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
FDMT
FDMT
GAU
GAU
Revenue
$85.1M
$166.8M
Net Profit
$19.4M
Gross Margin
Operating Margin
17.3%
24.3%
Net Margin
22.8%
Revenue YoY
8508900.0%
Net Profit YoY
139.1%
EPS (diluted)
$0.43

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
FDMT
FDMT
GAU
GAU
Q4 25
$85.1M
Q3 25
$90.0K
$166.8M
Q2 25
$15.0K
$95.7M
Q1 25
$14.0K
$31.7M
Q4 24
$1.0K
Q3 24
$3.0K
$71.1M
Q2 24
$5.0K
$64.0M
Q1 24
$28.0K
$31.7M
Net Profit
FDMT
FDMT
GAU
GAU
Q4 25
$19.4M
Q3 25
$-56.9M
Q2 25
$-54.7M
$4.1M
Q1 25
$-48.0M
$-3.2M
Q4 24
Q3 24
$-43.8M
$1.1M
Q2 24
$-35.0M
$8.8M
Q1 24
$-32.4M
Operating Margin
FDMT
FDMT
GAU
GAU
Q4 25
17.3%
Q3 25
-67983.3%
24.3%
Q2 25
-396373.3%
18.4%
Q1 25
-383007.1%
8.2%
Q4 24
Q3 24
-1704400.0%
Q2 24
-849120.0%
Q1 24
-136200.0%
17.2%
Net Margin
FDMT
FDMT
GAU
GAU
Q4 25
22.8%
Q3 25
-63195.6%
Q2 25
-364386.7%
4.3%
Q1 25
-342657.1%
-10.1%
Q4 24
Q3 24
-1461433.3%
1.5%
Q2 24
-699060.0%
13.8%
Q1 24
-115717.9%
EPS (diluted)
FDMT
FDMT
GAU
GAU
Q4 25
$0.43
Q3 25
$-1.01
Q2 25
$-0.98
Q1 25
$-0.86
Q4 24
Q3 24
$-0.79
Q2 24
$-0.63
Q1 24
$-0.66

Balance Sheet & Financial Strength

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

Metric
FDMT
FDMT
GAU
GAU
Cash + ST InvestmentsLiquidity on hand
$402.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$505.7M
Total Assets
$566.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FDMT
FDMT
GAU
GAU
Q4 25
$402.7M
Q3 25
$305.1M
Q2 25
$293.2M
Q1 25
$321.4M
Q4 24
$424.9M
Q3 24
$501.9M
Q2 24
$541.9M
Q1 24
$525.9M
Stockholders' Equity
FDMT
FDMT
GAU
GAU
Q4 25
$505.7M
Q3 25
$369.0M
Q2 25
$420.9M
Q1 25
$469.7M
Q4 24
$510.6M
Q3 24
$552.9M
Q2 24
$588.3M
Q1 24
$600.6M
Total Assets
FDMT
FDMT
GAU
GAU
Q4 25
$566.7M
Q3 25
$424.0M
Q2 25
$473.6M
Q1 25
$515.7M
Q4 24
$560.4M
Q3 24
$604.0M
Q2 24
$620.1M
Q1 24
$629.9M

Cash Flow & Capital Efficiency

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

Metric
FDMT
FDMT
GAU
GAU
Operating Cash FlowLast quarter
$28.6M
$41.9M
Free Cash FlowOCF − Capex
$28.5M
FCF MarginFCF / Revenue
33.5%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
1.47×
TTM Free Cash FlowTrailing 4 quarters
$-109.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FDMT
FDMT
GAU
GAU
Q4 25
$28.6M
Q3 25
$-46.5M
$41.9M
Q2 25
$-43.4M
$17.5M
Q1 25
$-47.8M
$13.0M
Q4 24
$-134.6M
Q3 24
$-29.4M
$28.6M
Q2 24
$-30.2M
$9.2M
Q1 24
$-29.1M
Free Cash Flow
FDMT
FDMT
GAU
GAU
Q4 25
$28.5M
Q3 25
$-46.6M
Q2 25
$-43.4M
Q1 25
$-48.4M
Q4 24
$-138.4M
Q3 24
$-31.2M
Q2 24
$-30.6M
Q1 24
$-29.8M
FCF Margin
FDMT
FDMT
GAU
GAU
Q4 25
33.5%
Q3 25
-51765.6%
Q2 25
-289620.0%
Q1 25
-345635.7%
Q4 24
-13837100.0%
Q3 24
-1038966.7%
Q2 24
-611840.0%
Q1 24
-106421.4%
Capex Intensity
FDMT
FDMT
GAU
GAU
Q4 25
0.1%
Q3 25
101.1%
Q2 25
440.0%
Q1 25
4507.1%
Q4 24
378600.0%
Q3 24
59266.7%
Q2 24
6980.0%
Q1 24
2535.7%
Cash Conversion
FDMT
FDMT
GAU
GAU
Q4 25
1.47×
Q3 25
Q2 25
4.30×
Q1 25
Q4 24
Q3 24
26.04×
Q2 24
1.05×
Q1 24

Financial Flow Comparison

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

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