vs

Side-by-side financial comparison of Galiano Gold Inc. (GAU) and Vericel Corp (VCEL). Click either name above to swap in a different company.

Galiano Gold Inc. is the larger business by last-quarter revenue ($166.8M vs $92.9M, roughly 1.8× Vericel Corp). Over the past eight quarters, Vericel Corp's revenue compounded faster (34.6% CAGR vs 1.3%).

Galiano Gold Inc. is a Canada-based mineral exploration and production firm focused on gold assets. Its core operation is the Asanko Gold Mine in Ghana, West Africa. It extracts, processes and sells gold products to global precious metals markets, catering to both industrial clients and investment sector purchasers.

Vericel Corporation is a publicly traded American biopharmaceutical company which was known prior to October 2014 as Aastrom Bio. Aastrom Bio was formed in 1989 in Ann Arbor, Michigan.

GAU vs VCEL — Head-to-Head

Bigger by revenue
GAU
GAU
1.8× larger
GAU
$166.8M
$92.9M
VCEL
Faster 2-yr revenue CAGR
VCEL
VCEL
Annualised
VCEL
34.6%
1.3%
GAU

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
GAU
GAU
VCEL
VCEL
Revenue
$166.8M
$92.9M
Net Profit
$23.2M
Gross Margin
78.7%
Operating Margin
24.3%
24.1%
Net Margin
25.0%
Revenue YoY
23.3%
Net Profit YoY
17.3%
EPS (diluted)
$0.46

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
GAU
GAU
VCEL
VCEL
Q4 25
$92.9M
Q3 25
$166.8M
$67.5M
Q2 25
$95.7M
$63.2M
Q1 25
$31.7M
$52.6M
Q4 24
$75.4M
Q3 24
$71.1M
$57.9M
Q2 24
$64.0M
$52.7M
Q1 24
$31.7M
$51.3M
Net Profit
GAU
GAU
VCEL
VCEL
Q4 25
$23.2M
Q3 25
$5.1M
Q2 25
$4.1M
$-553.0K
Q1 25
$-3.2M
$-11.2M
Q4 24
$19.8M
Q3 24
$1.1M
$-901.0K
Q2 24
$8.8M
$-4.7M
Q1 24
$-3.9M
Gross Margin
GAU
GAU
VCEL
VCEL
Q4 25
78.7%
Q3 25
73.5%
Q2 25
73.7%
Q1 25
69.0%
Q4 24
77.6%
Q3 24
71.9%
Q2 24
69.5%
Q1 24
68.9%
Operating Margin
GAU
GAU
VCEL
VCEL
Q4 25
24.1%
Q3 25
24.3%
5.1%
Q2 25
18.4%
-3.2%
Q1 25
8.2%
-24.3%
Q4 24
24.5%
Q3 24
-4.3%
Q2 24
-11.5%
Q1 24
17.2%
-10.7%
Net Margin
GAU
GAU
VCEL
VCEL
Q4 25
25.0%
Q3 25
7.5%
Q2 25
4.3%
-0.9%
Q1 25
-10.1%
-21.4%
Q4 24
26.3%
Q3 24
1.5%
-1.6%
Q2 24
13.8%
-8.9%
Q1 24
-7.5%
EPS (diluted)
GAU
GAU
VCEL
VCEL
Q4 25
$0.46
Q3 25
$0.10
Q2 25
$-0.01
Q1 25
$-0.23
Q4 24
$0.40
Q3 24
$-0.02
Q2 24
$-0.10
Q1 24
$-0.08

Balance Sheet & Financial Strength

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

Metric
GAU
GAU
VCEL
VCEL
Cash + ST InvestmentsLiquidity on hand
$137.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$354.6M
Total Assets
$488.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GAU
GAU
VCEL
VCEL
Q4 25
$137.5M
Q3 25
$135.4M
Q2 25
$116.9M
Q1 25
$112.9M
Q4 24
$116.2M
Q3 24
$101.7M
Q2 24
$102.5M
Q1 24
$110.6M
Stockholders' Equity
GAU
GAU
VCEL
VCEL
Q4 25
$354.6M
Q3 25
$321.9M
Q2 25
$306.8M
Q1 25
$295.5M
Q4 24
$292.0M
Q3 24
$257.5M
Q2 24
$243.0M
Q1 24
$233.9M
Total Assets
GAU
GAU
VCEL
VCEL
Q4 25
$488.0M
Q3 25
$453.3M
Q2 25
$435.6M
Q1 25
$424.6M
Q4 24
$432.7M
Q3 24
$390.4M
Q2 24
$376.8M
Q1 24
$356.7M

Cash Flow & Capital Efficiency

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

Metric
GAU
GAU
VCEL
VCEL
Operating Cash FlowLast quarter
$41.9M
$15.0M
Free Cash FlowOCF − Capex
$12.8M
FCF MarginFCF / Revenue
13.8%
Capex IntensityCapex / Revenue
2.4%
Cash ConversionOCF / Net Profit
0.65×
TTM Free Cash FlowTrailing 4 quarters
$24.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GAU
GAU
VCEL
VCEL
Q4 25
$15.0M
Q3 25
$41.9M
$22.1M
Q2 25
$17.5M
$8.2M
Q1 25
$13.0M
$6.6M
Q4 24
$22.2M
Q3 24
$28.6M
$10.2M
Q2 24
$9.2M
$18.5M
Q1 24
$7.2M
Free Cash Flow
GAU
GAU
VCEL
VCEL
Q4 25
$12.8M
Q3 25
$19.5M
Q2 25
$81.0K
Q1 25
$-7.6M
Q4 24
$8.5M
Q3 24
$-9.2M
Q2 24
$1.8M
Q1 24
$-6.8M
FCF Margin
GAU
GAU
VCEL
VCEL
Q4 25
13.8%
Q3 25
28.8%
Q2 25
0.1%
Q1 25
-14.5%
Q4 24
11.2%
Q3 24
-15.9%
Q2 24
3.4%
Q1 24
-13.3%
Capex Intensity
GAU
GAU
VCEL
VCEL
Q4 25
2.4%
Q3 25
3.9%
Q2 25
12.9%
Q1 25
27.0%
Q4 24
18.3%
Q3 24
33.5%
Q2 24
31.8%
Q1 24
27.3%
Cash Conversion
GAU
GAU
VCEL
VCEL
Q4 25
0.65×
Q3 25
4.35×
Q2 25
4.30×
Q1 25
Q4 24
1.12×
Q3 24
26.04×
Q2 24
1.05×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

GAU
GAU

Segment breakdown not available.

VCEL
VCEL

MACI Implants And Kits$84.1M90%
Other$8.8M10%

Related Comparisons