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Side-by-side financial comparison of FIRST UNITED CORP (FUNC) and Spero Therapeutics, Inc. (SPRO). Click either name above to swap in a different company.

FIRST UNITED CORP is the larger business by last-quarter revenue ($23.2M vs $12.6M, roughly 1.8× Spero Therapeutics, Inc.). Spero Therapeutics, Inc. runs the higher net margin — 250.7% vs 24.9%, a 225.8% gap on every dollar of revenue. On growth, Spero Therapeutics, Inc. posted the faster year-over-year revenue change (24080.8% vs 11.9%). Over the past eight quarters, Spero Therapeutics, Inc.'s revenue compounded faster (847.7% CAGR vs 11.5%).

United Breweries Holdings Limited (UBHL), also called UB Group, is the Indian subsidiary of Heineken N.V.. It is headquartered in UB City, Bangalore, Karnataka. Its core business includes beverages and investments in various sectors. The company markets beer under the Kingfisher brand, and owns various other brands of alcoholic beverages. United Breweries is India's largest producer of beer.

FUNC vs SPRO — Head-to-Head

Bigger by revenue
FUNC
FUNC
1.8× larger
FUNC
$23.2M
$12.6M
SPRO
Growing faster (revenue YoY)
SPRO
SPRO
+24068.9% gap
SPRO
24080.8%
11.9%
FUNC
Higher net margin
SPRO
SPRO
225.8% more per $
SPRO
250.7%
24.9%
FUNC
Faster 2-yr revenue CAGR
SPRO
SPRO
Annualised
SPRO
847.7%
11.5%
FUNC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FUNC
FUNC
SPRO
SPRO
Revenue
$23.2M
$12.6M
Net Profit
$5.8M
$31.5M
Gross Margin
Operating Margin
32.9%
Net Margin
24.9%
250.7%
Revenue YoY
11.9%
24080.8%
Net Profit YoY
-6.6%
250.9%
EPS (diluted)
$0.89
$0.56

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
FUNC
FUNC
SPRO
SPRO
Q4 25
$23.2M
$12.6M
Q3 25
$22.7M
$0
Q2 25
$21.8M
$0
Q1 25
$20.9M
$12.0K
Q4 24
$20.8M
$52.0K
Q3 24
$20.3M
$65.0K
Q2 24
$20.1M
$114.0K
Q1 24
$18.7M
$140.0K
Net Profit
FUNC
FUNC
SPRO
SPRO
Q4 25
$5.8M
$31.5M
Q3 25
$6.9M
$-7.4M
Q2 25
$6.0M
$-1.7M
Q1 25
$5.8M
$-13.9M
Q4 24
$6.2M
Q3 24
$5.8M
$-17.1M
Q2 24
$4.9M
$-17.9M
Q1 24
$3.7M
$-12.7M
Operating Margin
FUNC
FUNC
SPRO
SPRO
Q4 25
32.9%
Q3 25
40.6%
Q2 25
36.5%
Q1 25
36.8%
-122758.3%
Q4 24
39.2%
Q3 24
38.0%
-28604.6%
Q2 24
32.5%
-16720.2%
Q1 24
26.0%
-9987.1%
Net Margin
FUNC
FUNC
SPRO
SPRO
Q4 25
24.9%
250.7%
Q3 25
30.6%
Q2 25
27.5%
Q1 25
27.7%
-115550.0%
Q4 24
29.8%
Q3 24
28.5%
-26380.0%
Q2 24
24.5%
-15668.4%
Q1 24
19.8%
-9049.3%
EPS (diluted)
FUNC
FUNC
SPRO
SPRO
Q4 25
$0.89
$0.56
Q3 25
$1.07
$-0.13
Q2 25
$0.92
$-0.03
Q1 25
$0.89
$-0.25
Q4 24
$0.95
Q3 24
$0.89
$-0.32
Q2 24
$0.75
$-0.33
Q1 24
$0.56
$-0.24

Balance Sheet & Financial Strength

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

Metric
FUNC
FUNC
SPRO
SPRO
Cash + ST InvestmentsLiquidity on hand
$131.6M
$40.3M
Total DebtLower is stronger
$95.9M
Stockholders' EquityBook value
$203.6M
$59.0M
Total Assets
$2.1B
$68.9M
Debt / EquityLower = less leverage
0.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FUNC
FUNC
SPRO
SPRO
Q4 25
$131.6M
$40.3M
Q3 25
$95.2M
$48.6M
Q2 25
$79.1M
$31.2M
Q1 25
$84.4M
$48.9M
Q4 24
$78.3M
$52.9M
Q3 24
$62.4M
$76.3M
Q2 24
$45.1M
$63.5M
Q1 24
$86.9M
$82.3M
Total Debt
FUNC
FUNC
SPRO
SPRO
Q4 25
$95.9M
Q3 25
$95.9M
Q2 25
$120.9M
Q1 25
$120.9M
Q4 24
$120.9M
Q3 24
$120.9M
Q2 24
$70.9M
Q1 24
$70.9M
Stockholders' Equity
FUNC
FUNC
SPRO
SPRO
Q4 25
$203.6M
$59.0M
Q3 25
$199.1M
$26.5M
Q2 25
$191.1M
$32.8M
Q1 25
$183.7M
$33.8M
Q4 24
$179.3M
$46.1M
Q3 24
$174.0M
$65.5M
Q2 24
$164.2M
$80.5M
Q1 24
$165.5M
$96.2M
Total Assets
FUNC
FUNC
SPRO
SPRO
Q4 25
$2.1B
$68.9M
Q3 25
$2.0B
$54.2M
Q2 25
$2.0B
$62.1M
Q1 25
$2.0B
$77.7M
Q4 24
$2.0B
$110.5M
Q3 24
$1.9B
$135.2M
Q2 24
$1.9B
$149.9M
Q1 24
$1.9B
$167.7M
Debt / Equity
FUNC
FUNC
SPRO
SPRO
Q4 25
0.47×
Q3 25
0.48×
Q2 25
0.63×
Q1 25
0.66×
Q4 24
0.67×
Q3 24
0.70×
Q2 24
0.43×
Q1 24
0.43×

Cash Flow & Capital Efficiency

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

Metric
FUNC
FUNC
SPRO
SPRO
Operating Cash FlowLast quarter
$19.4M
$-8.4M
Free Cash FlowOCF − Capex
$15.4M
FCF MarginFCF / Revenue
66.3%
Capex IntensityCapex / Revenue
17.1%
Cash ConversionOCF / Net Profit
3.35×
-0.26×
TTM Free Cash FlowTrailing 4 quarters
$22.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FUNC
FUNC
SPRO
SPRO
Q4 25
$19.4M
$-8.4M
Q3 25
$1.5M
$17.4M
Q2 25
$995.0K
$-17.7M
Q1 25
$7.0M
$-4.0M
Q4 24
$22.3M
$-23.4M
Q3 24
$2.3M
$12.8M
Q2 24
$7.2M
$-18.7M
Q1 24
$3.6M
$5.9M
Free Cash Flow
FUNC
FUNC
SPRO
SPRO
Q4 25
$15.4M
Q3 25
$168.0K
Q2 25
$706.0K
Q1 25
$6.4M
Q4 24
$20.4M
Q3 24
$588.0K
Q2 24
$7.0M
Q1 24
$3.5M
FCF Margin
FUNC
FUNC
SPRO
SPRO
Q4 25
66.3%
Q3 25
0.7%
Q2 25
3.2%
Q1 25
30.5%
Q4 24
98.1%
Q3 24
2.9%
Q2 24
35.1%
Q1 24
18.9%
Capex Intensity
FUNC
FUNC
SPRO
SPRO
Q4 25
17.1%
Q3 25
5.9%
Q2 25
1.3%
Q1 25
2.8%
Q4 24
9.3%
Q3 24
8.4%
Q2 24
0.6%
Q1 24
0.3%
Cash Conversion
FUNC
FUNC
SPRO
SPRO
Q4 25
3.35×
-0.26×
Q3 25
0.22×
Q2 25
0.17×
Q1 25
1.20×
Q4 24
3.60×
Q3 24
0.40×
Q2 24
1.46×
Q1 24
0.97×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FUNC
FUNC

Trust Department$9.8M42%
Other$5.6M24%
Debit Card Income$4.1M17%
Service Charges$2.3M10%
Brokerage Commissions$1.4M6%

SPRO
SPRO

Segment breakdown not available.

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