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Side-by-side financial comparison of FENNEC PHARMACEUTICALS INC. (FENC) and Legacy Housing Corp (LEGH). Click either name above to swap in a different company.

Legacy Housing Corp is the larger business by last-quarter revenue ($25.5M vs $13.8M, roughly 1.8× FENNEC PHARMACEUTICALS INC.). Legacy Housing Corp runs the higher net margin — 32.2% vs -34.7%, a 66.9% gap on every dollar of revenue. On growth, FENNEC PHARMACEUTICALS INC. posted the faster year-over-year revenue change (73.8% vs -30.6%). Over the past eight quarters, Legacy Housing Corp's revenue compounded faster (-9.1% CAGR vs -26.3%).

Fennec Pharmaceuticals Inc. is a biopharmaceutical firm focused on developing and commercializing therapies to reduce treatment-related side effects in pediatric cancer patients. Its lead product targets chemotherapy-induced ototoxicity, with core North American markets serving oncology providers and vulnerable pediatric patient groups.

Legacy Housing Corp is a prominent U.S.-based manufacturer of affordable manufactured homes, tiny homes, and accessory dwelling units. It mainly caters to low- and middle-income consumers across North America, providing customizable residential solutions, supporting construction materials, and after-sales services for individual and community development clients.

FENC vs LEGH — Head-to-Head

Bigger by revenue
LEGH
LEGH
1.8× larger
LEGH
$25.5M
$13.8M
FENC
Growing faster (revenue YoY)
FENC
FENC
+104.4% gap
FENC
73.8%
-30.6%
LEGH
Higher net margin
LEGH
LEGH
66.9% more per $
LEGH
32.2%
-34.7%
FENC
Faster 2-yr revenue CAGR
LEGH
LEGH
Annualised
LEGH
-9.1%
-26.3%
FENC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FENC
FENC
LEGH
LEGH
Revenue
$13.8M
$25.5M
Net Profit
$-4.8M
$8.2M
Gross Margin
26.4%
Operating Margin
-18.5%
40.4%
Net Margin
-34.7%
32.2%
Revenue YoY
73.8%
-30.6%
Net Profit YoY
-141.1%
-43.5%
EPS (diluted)
$-0.17
$0.38

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
FENC
FENC
LEGH
LEGH
Q4 25
$13.8M
$25.5M
Q3 25
$12.5M
$28.8M
Q2 25
$9.7M
$38.4M
Q1 25
$8.8M
$24.3M
Q4 24
$7.9M
$36.7M
Q3 24
$7.0M
$30.2M
Q2 24
$7.3M
$31.7M
Q1 24
$25.4M
$30.8M
Net Profit
FENC
FENC
LEGH
LEGH
Q4 25
$-4.8M
$8.2M
Q3 25
$-638.0K
$8.6M
Q2 25
$-3.2M
$14.7M
Q1 25
$-1.2M
$10.3M
Q4 24
$-2.0M
$14.5M
Q3 24
$-5.7M
$15.8M
Q2 24
$-5.6M
$16.2M
Q1 24
$12.8M
$15.1M
Gross Margin
FENC
FENC
LEGH
LEGH
Q4 25
26.4%
Q3 25
20.2%
Q2 25
32.4%
Q1 25
29.2%
Q4 24
27.3%
Q3 24
29.2%
Q2 24
31.9%
Q1 24
33.6%
Operating Margin
FENC
FENC
LEGH
LEGH
Q4 25
-18.5%
40.4%
Q3 25
-1.5%
33.7%
Q2 25
-28.3%
43.8%
Q1 25
-9.2%
47.7%
Q4 24
-11.8%
42.3%
Q3 24
-74.6%
50.8%
Q2 24
-69.4%
50.6%
Q1 24
54.2%
54.3%
Net Margin
FENC
FENC
LEGH
LEGH
Q4 25
-34.7%
32.2%
Q3 25
-5.1%
30.0%
Q2 25
-32.7%
38.3%
Q1 25
-13.3%
42.3%
Q4 24
-25.0%
39.5%
Q3 24
-82.2%
52.4%
Q2 24
-76.5%
51.1%
Q1 24
50.6%
49.1%
EPS (diluted)
FENC
FENC
LEGH
LEGH
Q4 25
$-0.17
$0.38
Q3 25
$-0.02
$0.35
Q2 25
$-0.11
$0.60
Q1 25
$-0.04
$0.41
Q4 24
$-0.02
$0.59
Q3 24
$-0.21
$0.64
Q2 24
$-0.20
$0.65
Q1 24
$0.41
$0.60

Balance Sheet & Financial Strength

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

Metric
FENC
FENC
LEGH
LEGH
Cash + ST InvestmentsLiquidity on hand
$36.8M
$8.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$35.5M
$528.6M
Total Assets
$70.6M
$580.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FENC
FENC
LEGH
LEGH
Q4 25
$36.8M
$8.5M
Q3 25
$21.9M
$13.6M
Q2 25
$18.7M
$2.6M
Q1 25
$22.7M
$3.4M
Q4 24
$26.6M
$1.1M
Q3 24
$40.3M
$570.0K
Q2 24
$43.1M
$60.0K
Q1 24
$51.2M
$621.0K
Total Debt
FENC
FENC
LEGH
LEGH
Q4 25
Q3 25
$19.4M
Q2 25
$19.4M
Q1 25
$19.4M
Q4 24
$19.3M
Q3 24
$32.1M
Q2 24
$31.8M
Q1 24
$31.3M
Stockholders' Equity
FENC
FENC
LEGH
LEGH
Q4 25
$35.5M
$528.6M
Q3 25
$-4.5M
$521.6M
Q2 25
$-7.5M
$512.8M
Q1 25
$-5.9M
$503.7M
Q4 24
$-5.9M
$494.0M
Q3 24
$-5.2M
$479.3M
Q2 24
$-1.4M
$463.2M
Q1 24
$3.0M
$450.4M
Total Assets
FENC
FENC
LEGH
LEGH
Q4 25
$70.6M
$580.3M
Q3 25
$49.3M
$557.9M
Q2 25
$44.9M
$552.0M
Q1 25
$46.4M
$544.6M
Q4 24
$44.9M
$534.2M
Q3 24
$58.9M
$521.4M
Q2 24
$63.2M
$514.9M
Q1 24
$69.2M
$510.0M
Debt / Equity
FENC
FENC
LEGH
LEGH
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
10.40×

Cash Flow & Capital Efficiency

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

Metric
FENC
FENC
LEGH
LEGH
Operating Cash FlowLast quarter
$-6.0M
$19.0M
Free Cash FlowOCF − Capex
$15.7M
FCF MarginFCF / Revenue
61.6%
Capex IntensityCapex / Revenue
13.1%
Cash ConversionOCF / Net Profit
2.32×
TTM Free Cash FlowTrailing 4 quarters
$28.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FENC
FENC
LEGH
LEGH
Q4 25
$-6.0M
$19.0M
Q3 25
$1.5M
$7.2M
Q2 25
$-3.7M
$6.1M
Q1 25
$-4.3M
$4.9M
Q4 24
$-1.5M
$7.9M
Q3 24
$-2.2M
$13.8M
Q2 24
$-8.4M
$3.5M
Q1 24
$39.0M
$10.8M
Free Cash Flow
FENC
FENC
LEGH
LEGH
Q4 25
$15.7M
Q3 25
$5.1M
Q2 25
$3.7M
Q1 25
$3.6M
Q4 24
$6.0M
Q3 24
$9.1M
Q2 24
$1.7M
Q1 24
$9.9M
FCF Margin
FENC
FENC
LEGH
LEGH
Q4 25
61.6%
Q3 25
17.8%
Q2 25
9.6%
Q1 25
15.0%
Q4 24
16.4%
Q3 24
30.2%
Q2 24
5.4%
Q1 24
32.2%
Capex Intensity
FENC
FENC
LEGH
LEGH
Q4 25
13.1%
Q3 25
7.1%
Q2 25
6.2%
Q1 25
5.2%
Q4 24
5.1%
Q3 24
15.6%
Q2 24
5.5%
Q1 24
2.8%
Cash Conversion
FENC
FENC
LEGH
LEGH
Q4 25
2.32×
Q3 25
0.83×
Q2 25
0.41×
Q1 25
0.48×
Q4 24
0.54×
Q3 24
0.88×
Q2 24
0.21×
Q1 24
3.04×
0.71×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FENC
FENC

Segment breakdown not available.

LEGH
LEGH

Commercial Sales$8.6M34%
Retail Store Sales$6.0M24%
Inventory Finance Sales$5.0M20%
Direct Sales$4.4M17%
Other$1.5M6%

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