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Side-by-side financial comparison of FENNEC PHARMACEUTICALS INC. (FENC) and NorthEast Community Bancorp, Inc. (NECB). Click either name above to swap in a different company.

NorthEast Community Bancorp, Inc. is the larger business by last-quarter revenue ($26.4M vs $13.8M, roughly 1.9× FENNEC PHARMACEUTICALS INC.). NorthEast Community Bancorp, Inc. runs the higher net margin — 40.9% vs -34.7%, a 75.6% gap on every dollar of revenue. On growth, FENNEC PHARMACEUTICALS INC. posted the faster year-over-year revenue change (73.8% vs 3.9%). Over the past eight quarters, NorthEast Community Bancorp, Inc.'s revenue compounded faster (1.8% 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.

NorthEast Community Bancorp, Inc. (MD) is a U.S.-based bank holding company operating primarily in the Mid-Atlantic region. It provides a comprehensive suite of consumer and commercial banking services, including deposit products, mortgage loans, small business financing, and wealth management solutions to individual and local enterprise clients.

FENC vs NECB — Head-to-Head

Bigger by revenue
NECB
NECB
1.9× larger
NECB
$26.4M
$13.8M
FENC
Growing faster (revenue YoY)
FENC
FENC
+69.9% gap
FENC
73.8%
3.9%
NECB
Higher net margin
NECB
NECB
75.6% more per $
NECB
40.9%
-34.7%
FENC
Faster 2-yr revenue CAGR
NECB
NECB
Annualised
NECB
1.8%
-26.3%
FENC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FENC
FENC
NECB
NECB
Revenue
$13.8M
$26.4M
Net Profit
$-4.8M
$10.8M
Gross Margin
Operating Margin
-18.5%
59.0%
Net Margin
-34.7%
40.9%
Revenue YoY
73.8%
3.9%
Net Profit YoY
-141.1%
5.8%
EPS (diluted)
$-0.17
$0.78

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
NECB
NECB
Q4 25
$13.8M
$26.4M
Q3 25
$12.5M
$27.0M
Q2 25
$9.7M
$25.9M
Q1 25
$8.8M
$25.5M
Q4 24
$7.9M
$25.4M
Q3 24
$7.0M
$27.6M
Q2 24
$7.3M
$27.0M
Q1 24
$25.4M
$25.5M
Net Profit
FENC
FENC
NECB
NECB
Q4 25
$-4.8M
$10.8M
Q3 25
$-638.0K
$11.9M
Q2 25
$-3.2M
$11.2M
Q1 25
$-1.2M
$10.6M
Q4 24
$-2.0M
$10.2M
Q3 24
$-5.7M
$12.7M
Q2 24
$-5.6M
$12.8M
Q1 24
$12.8M
$11.4M
Operating Margin
FENC
FENC
NECB
NECB
Q4 25
-18.5%
59.0%
Q3 25
-1.5%
61.6%
Q2 25
-28.3%
59.5%
Q1 25
-9.2%
57.4%
Q4 24
-11.8%
57.0%
Q3 24
-74.6%
63.6%
Q2 24
-69.4%
65.6%
Q1 24
54.2%
62.7%
Net Margin
FENC
FENC
NECB
NECB
Q4 25
-34.7%
40.9%
Q3 25
-5.1%
44.0%
Q2 25
-32.7%
43.1%
Q1 25
-13.3%
41.4%
Q4 24
-25.0%
40.1%
Q3 24
-82.2%
45.9%
Q2 24
-76.5%
47.5%
Q1 24
50.6%
44.5%
EPS (diluted)
FENC
FENC
NECB
NECB
Q4 25
$-0.17
$0.78
Q3 25
$-0.02
$0.87
Q2 25
$-0.11
$0.82
Q1 25
$-0.04
$0.78
Q4 24
$-0.02
$0.74
Q3 24
$-0.21
$0.95
Q2 24
$-0.20
$0.97
Q1 24
$0.41
$0.86

Balance Sheet & Financial Strength

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

Metric
FENC
FENC
NECB
NECB
Cash + ST InvestmentsLiquidity on hand
$36.8M
$81.2M
Total DebtLower is stronger
$70.0M
Stockholders' EquityBook value
$35.5M
$351.7M
Total Assets
$70.6M
$2.1B
Debt / EquityLower = less leverage
0.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FENC
FENC
NECB
NECB
Q4 25
$36.8M
$81.2M
Q3 25
$21.9M
$64.3M
Q2 25
$18.7M
$59.4M
Q1 25
$22.7M
$89.5M
Q4 24
$26.6M
$78.3M
Q3 24
$40.3M
$97.8M
Q2 24
$43.1M
$113.9M
Q1 24
$51.2M
$107.4M
Total Debt
FENC
FENC
NECB
NECB
Q4 25
$70.0M
Q3 25
$19.4M
$170.0M
Q2 25
$19.4M
$135.0M
Q1 25
$19.4M
Q4 24
$19.3M
Q3 24
$32.1M
$7.0M
Q2 24
$31.8M
$47.0M
Q1 24
$31.3M
$47.0M
Stockholders' Equity
FENC
FENC
NECB
NECB
Q4 25
$35.5M
$351.7M
Q3 25
$-4.5M
$344.0M
Q2 25
$-7.5M
$336.7M
Q1 25
$-5.9M
$327.2M
Q4 24
$-5.9M
$318.3M
Q3 24
$-5.2M
$309.6M
Q2 24
$-1.4M
$300.0M
Q1 24
$3.0M
$288.9M
Total Assets
FENC
FENC
NECB
NECB
Q4 25
$70.6M
$2.1B
Q3 25
$49.3M
$2.1B
Q2 25
$44.9M
$2.0B
Q1 25
$46.4M
$1.9B
Q4 24
$44.9M
$2.0B
Q3 24
$58.9M
$2.0B
Q2 24
$63.2M
$1.9B
Q1 24
$69.2M
$1.9B
Debt / Equity
FENC
FENC
NECB
NECB
Q4 25
0.20×
Q3 25
0.49×
Q2 25
0.40×
Q1 25
Q4 24
Q3 24
0.02×
Q2 24
0.16×
Q1 24
10.40×
0.16×

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
NECB
NECB
Operating Cash FlowLast quarter
$-6.0M
$52.6M
Free Cash FlowOCF − Capex
$50.8M
FCF MarginFCF / Revenue
192.3%
Capex IntensityCapex / Revenue
6.6%
Cash ConversionOCF / Net Profit
4.86×
TTM Free Cash FlowTrailing 4 quarters
$89.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FENC
FENC
NECB
NECB
Q4 25
$-6.0M
$52.6M
Q3 25
$1.5M
$14.1M
Q2 25
$-3.7M
$15.6M
Q1 25
$-4.3M
$10.9M
Q4 24
$-1.5M
$48.7M
Q3 24
$-2.2M
$14.4M
Q2 24
$-8.4M
$11.1M
Q1 24
$39.0M
$12.9M
Free Cash Flow
FENC
FENC
NECB
NECB
Q4 25
$50.8M
Q3 25
$13.6M
Q2 25
$14.9M
Q1 25
$10.6M
Q4 24
$48.2M
Q3 24
$14.2M
Q2 24
$11.0M
Q1 24
$12.8M
FCF Margin
FENC
FENC
NECB
NECB
Q4 25
192.3%
Q3 25
50.5%
Q2 25
57.3%
Q1 25
41.4%
Q4 24
189.3%
Q3 24
51.5%
Q2 24
40.8%
Q1 24
50.3%
Capex Intensity
FENC
FENC
NECB
NECB
Q4 25
6.6%
Q3 25
1.6%
Q2 25
2.9%
Q1 25
1.5%
Q4 24
2.0%
Q3 24
0.6%
Q2 24
0.5%
Q1 24
0.3%
Cash Conversion
FENC
FENC
NECB
NECB
Q4 25
4.86×
Q3 25
1.18×
Q2 25
1.40×
Q1 25
1.04×
Q4 24
4.77×
Q3 24
1.14×
Q2 24
0.87×
Q1 24
3.04×
1.13×

Financial Flow Comparison

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

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