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Side-by-side financial comparison of Fiverr International Ltd. (FVRR) and PicoCELA Inc. (PCLA). Click either name above to swap in a different company.

Fiverr International Ltd. is the larger business by last-quarter revenue ($287.8M vs $252.6M, roughly 1.1× PicoCELA Inc.). Fiverr International Ltd. runs the higher net margin — 1.9% vs -125.2%, a 127.1% gap on every dollar of revenue. Fiverr International Ltd. produced more free cash flow last quarter ($52.1M vs $-256.6M).

Fiverr International Ltd. operates a global online freelance services marketplace connecting businesses and independent creators across over 160 countries. It offers services covering digital marketing, graphic design, programming, writing, video editing, and other professional fields, catering to SMEs, startups, and enterprise clients needing flexible on-demand talent solutions.

PicoCELA Inc. is a global technology company specializing in low-power, high-reliability wireless connectivity solutions, including Wi-Fi HaLow modules and edge network infrastructure. It caters to industrial IoT, smart city, retail, and smart home segments, with a primary operational footprint across Asia, North America, and European markets.

FVRR vs PCLA — Head-to-Head

Bigger by revenue
FVRR
FVRR
1.1× larger
FVRR
$287.8M
$252.6M
PCLA
Higher net margin
FVRR
FVRR
127.1% more per $
FVRR
1.9%
-125.2%
PCLA
More free cash flow
FVRR
FVRR
$308.6M more FCF
FVRR
$52.1M
$-256.6M
PCLA

Income Statement — Q3 FY2025 vs Q2 FY2025

Metric
FVRR
FVRR
PCLA
PCLA
Revenue
$287.8M
$252.6M
Net Profit
$5.4M
$-316.2M
Gross Margin
82.5%
Operating Margin
-3.5%
-114.8%
Net Margin
1.9%
-125.2%
Revenue YoY
Net Profit YoY
EPS (diluted)

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
FVRR
FVRR
PCLA
PCLA
Q3 25
$287.8M
Q2 25
$188.2M
Q1 25
$93.5M
$252.6M
Q3 24
$269.9M
Q2 24
$177.3M
Q1 24
$88.0M
Q3 23
$254.2M
Q2 23
$171.7M
Net Profit
FVRR
FVRR
PCLA
PCLA
Q3 25
$5.4M
Q2 25
$4.1M
Q1 25
$788.0K
$-316.2M
Q3 24
$-1.0M
Q2 24
$-4.0M
Q1 24
$-4.3M
Q3 23
$-70.2M
Q2 23
$-58.8M
Gross Margin
FVRR
FVRR
PCLA
PCLA
Q3 25
82.5%
Q2 25
83.3%
Q1 25
83.5%
Q3 24
82.8%
Q2 24
82.4%
Q1 24
82.2%
Q3 23
80.3%
Q2 23
79.9%
Operating Margin
FVRR
FVRR
PCLA
PCLA
Q3 25
-3.5%
Q2 25
-3.4%
Q1 25
-4.4%
-114.8%
Q3 24
-5.0%
Q2 24
-6.3%
Q1 24
-8.1%
Q3 23
-28.4%
Q2 23
-34.9%
Net Margin
FVRR
FVRR
PCLA
PCLA
Q3 25
1.9%
Q2 25
2.2%
Q1 25
0.8%
-125.2%
Q3 24
-0.4%
Q2 24
-2.3%
Q1 24
-4.9%
Q3 23
-27.6%
Q2 23
-34.3%

Balance Sheet & Financial Strength

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

Metric
FVRR
FVRR
PCLA
PCLA
Cash + ST InvestmentsLiquidity on hand
$133.5M
$456.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$362.6M
$354.8M
Total Assets
$1.1B
$1.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FVRR
FVRR
PCLA
PCLA
Q3 25
$133.5M
Q2 25
$578.4M
Q1 25
$133.5M
$456.8M
Q3 24
$183.7M
Q2 24
$183.7M
Q1 24
$183.7M
Q3 23
$86.8M
Q2 23
$86.8M
Stockholders' Equity
FVRR
FVRR
PCLA
PCLA
Q3 25
$362.6M
Q2 25
$404.9M
Q1 25
$362.6M
$354.8M
Q3 24
$355.8M
Q2 24
$355.8M
Q1 24
$355.8M
Q3 23
$265.7M
Q2 23
$265.7M
Total Assets
FVRR
FVRR
PCLA
PCLA
Q3 25
$1.1B
Q2 25
$1.1B
Q1 25
$1.1B
$1.2B
Q3 24
$1.0B
Q2 24
$1.0B
Q1 24
$1.0B
Q3 23
$923.8M
Q2 23
$923.8M

Cash Flow & Capital Efficiency

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

Metric
FVRR
FVRR
PCLA
PCLA
Operating Cash FlowLast quarter
$53.0M
$-245.6M
Free Cash FlowOCF − Capex
$52.1M
$-256.6M
FCF MarginFCF / Revenue
18.1%
-101.6%
Capex IntensityCapex / Revenue
0.3%
4.3%
Cash ConversionOCF / Net Profit
9.81×
TTM Free Cash FlowTrailing 4 quarters
$124.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FVRR
FVRR
PCLA
PCLA
Q3 25
$53.0M
Q2 25
$42.2M
Q1 25
$21.2M
$-245.6M
Q3 24
$10.9M
Q2 24
$32.2M
Q1 24
$21.2M
Q3 23
$20.5M
Q2 23
$14.8M
Free Cash Flow
FVRR
FVRR
PCLA
PCLA
Q3 25
$52.1M
Q2 25
$41.5M
Q1 25
$20.8M
$-256.6M
Q3 24
$10.6M
Q2 24
$31.5M
Q1 24
$20.8M
Q3 23
$19.4M
Q2 23
$14.0M
FCF Margin
FVRR
FVRR
PCLA
PCLA
Q3 25
18.1%
Q2 25
22.0%
Q1 25
22.3%
-101.6%
Q3 24
3.9%
Q2 24
17.8%
Q1 24
23.7%
Q3 23
7.6%
Q2 23
8.1%
Capex Intensity
FVRR
FVRR
PCLA
PCLA
Q3 25
0.3%
Q2 25
0.4%
Q1 25
0.4%
4.3%
Q3 24
0.1%
Q2 24
0.4%
Q1 24
0.4%
Q3 23
0.4%
Q2 23
0.5%
Cash Conversion
FVRR
FVRR
PCLA
PCLA
Q3 25
9.81×
Q2 25
10.40×
Q1 25
26.90×
Q3 24
Q2 24
Q1 24
Q3 23
Q2 23

Financial Flow Comparison

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

Revenue Breakdown by Segment

FVRR
FVRR

Segment breakdown not available.

PCLA
PCLA

Revenue from product$179.1M71%
Revenue from SaaS, Maintenance and others$42.4M17%
Revenue from product – related party$31.0M12%

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