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Side-by-side financial comparison of FENNEC PHARMACEUTICALS INC. (FENC) and YORK WATER CO (YORW). Click either name above to swap in a different company.

YORK WATER CO is the larger business by last-quarter revenue ($19.4M vs $13.8M, roughly 1.4× FENNEC PHARMACEUTICALS INC.). YORK WATER CO runs the higher net margin — 26.7% vs -34.7%, a 61.4% gap on every dollar of revenue. On growth, FENNEC PHARMACEUTICALS INC. posted the faster year-over-year revenue change (73.8% vs 3.2%). Over the past eight quarters, YORK WATER CO's revenue compounded faster (5.1% 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.

The York Water Company is an investor-owned, public utility company based in York, Pennsylvania and operating throughout Pennsylvania. The company was founded in 1816 by a group of local businessmen concerned about fire protection.

FENC vs YORW — Head-to-Head

Bigger by revenue
YORW
YORW
1.4× larger
YORW
$19.4M
$13.8M
FENC
Growing faster (revenue YoY)
FENC
FENC
+70.7% gap
FENC
73.8%
3.2%
YORW
Higher net margin
YORW
YORW
61.4% more per $
YORW
26.7%
-34.7%
FENC
Faster 2-yr revenue CAGR
YORW
YORW
Annualised
YORW
5.1%
-26.3%
FENC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FENC
FENC
YORW
YORW
Revenue
$13.8M
$19.4M
Net Profit
$-4.8M
$5.2M
Gross Margin
Operating Margin
-18.5%
33.2%
Net Margin
-34.7%
26.7%
Revenue YoY
73.8%
3.2%
Net Profit YoY
-141.1%
0.5%
EPS (diluted)
$-0.17
$0.36

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
YORW
YORW
Q4 25
$13.8M
$19.4M
Q3 25
$12.5M
$20.2M
Q2 25
$9.7M
$19.1M
Q1 25
$8.8M
$18.3M
Q4 24
$7.9M
$18.8M
Q3 24
$7.0M
$19.6M
Q2 24
$7.3M
$18.6M
Q1 24
$25.4M
$17.5M
Net Profit
FENC
FENC
YORW
YORW
Q4 25
$-4.8M
$5.2M
Q3 25
$-638.0K
$6.2M
Q2 25
$-3.2M
$5.1M
Q1 25
$-1.2M
$3.6M
Q4 24
$-2.0M
$5.1M
Q3 24
$-5.7M
$5.9M
Q2 24
$-5.6M
$5.0M
Q1 24
$12.8M
$4.3M
Operating Margin
FENC
FENC
YORW
YORW
Q4 25
-18.5%
33.2%
Q3 25
-1.5%
39.1%
Q2 25
-28.3%
37.1%
Q1 25
-9.2%
34.3%
Q4 24
-11.8%
35.8%
Q3 24
-74.6%
41.1%
Q2 24
-69.4%
37.9%
Q1 24
54.2%
35.5%
Net Margin
FENC
FENC
YORW
YORW
Q4 25
-34.7%
26.7%
Q3 25
-5.1%
30.6%
Q2 25
-32.7%
26.5%
Q1 25
-13.3%
19.8%
Q4 24
-25.0%
27.4%
Q3 24
-82.2%
29.9%
Q2 24
-76.5%
26.8%
Q1 24
50.6%
24.7%
EPS (diluted)
FENC
FENC
YORW
YORW
Q4 25
$-0.17
$0.36
Q3 25
$-0.02
$0.43
Q2 25
$-0.11
$0.35
Q1 25
$-0.04
$0.25
Q4 24
$-0.02
$0.36
Q3 24
$-0.21
$0.41
Q2 24
$-0.20
$0.35
Q1 24
$0.41
$0.30

Balance Sheet & Financial Strength

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

Metric
FENC
FENC
YORW
YORW
Cash + ST InvestmentsLiquidity on hand
$36.8M
$1.0K
Total DebtLower is stronger
Stockholders' EquityBook value
$35.5M
$240.3M
Total Assets
$70.6M
$680.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FENC
FENC
YORW
YORW
Q4 25
$36.8M
$1.0K
Q3 25
$21.9M
$1.0K
Q2 25
$18.7M
$1.0K
Q1 25
$22.7M
$1.0K
Q4 24
$26.6M
$1.0K
Q3 24
$40.3M
$1.0K
Q2 24
$43.1M
$1.0K
Q1 24
$51.2M
$3.3M
Total Debt
FENC
FENC
YORW
YORW
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
YORW
YORW
Q4 25
$35.5M
$240.3M
Q3 25
$-4.5M
$238.0M
Q2 25
$-7.5M
$234.6M
Q1 25
$-5.9M
$232.1M
Q4 24
$-5.9M
$231.2M
Q3 24
$-5.2M
$228.7M
Q2 24
$-1.4M
$225.4M
Q1 24
$3.0M
$222.9M
Total Assets
FENC
FENC
YORW
YORW
Q4 25
$70.6M
$680.9M
Q3 25
$49.3M
$667.1M
Q2 25
$44.9M
$653.7M
Q1 25
$46.4M
$641.8M
Q4 24
$44.9M
$633.5M
Q3 24
$58.9M
$621.4M
Q2 24
$63.2M
$610.4M
Q1 24
$69.2M
$602.3M
Debt / Equity
FENC
FENC
YORW
YORW
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
YORW
YORW
Operating Cash FlowLast quarter
$-6.0M
$8.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.63×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FENC
FENC
YORW
YORW
Q4 25
$-6.0M
$8.4M
Q3 25
$1.5M
$7.8M
Q2 25
$-3.7M
$7.6M
Q1 25
$-4.3M
$6.0M
Q4 24
$-1.5M
$10.2M
Q3 24
$-2.2M
$7.5M
Q2 24
$-8.4M
$6.7M
Q1 24
$39.0M
$6.1M
Cash Conversion
FENC
FENC
YORW
YORW
Q4 25
1.63×
Q3 25
1.26×
Q2 25
1.50×
Q1 25
1.65×
Q4 24
1.98×
Q3 24
1.29×
Q2 24
1.34×
Q1 24
3.04×
1.42×

Financial Flow Comparison

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

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