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Side-by-side financial comparison of Galiano Gold Inc. (GAU) and Zai Lab Ltd (ZLAB). Click either name above to swap in a different company.

Galiano Gold Inc. is the larger business by last-quarter revenue ($166.8M vs $127.1M, roughly 1.3× Zai Lab Ltd). Over the past eight quarters, Zai Lab Ltd's revenue compounded faster (20.8% 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.

Zai Lab Ltd is a global biopharmaceutical company focused on developing, manufacturing and commercializing innovative therapies for oncology, autoimmune disorders, infectious diseases and other unmet medical needs. It operates primarily in the Greater China region and partners with leading global biotech firms to expand access to life-saving treatments for underserved patient populations.

GAU vs ZLAB — Head-to-Head

Bigger by revenue
GAU
GAU
1.3× larger
GAU
$166.8M
$127.1M
ZLAB
Faster 2-yr revenue CAGR
ZLAB
ZLAB
Annualised
ZLAB
20.8%
1.3%
GAU

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
GAU
GAU
ZLAB
ZLAB
Revenue
$166.8M
$127.1M
Net Profit
Gross Margin
51.0%
Operating Margin
24.3%
-54.6%
Net Margin
Revenue YoY
17.1%
Net Profit YoY
EPS (diluted)
$-0.05

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
ZLAB
ZLAB
Q4 25
$127.1M
Q3 25
$166.8M
$115.4M
Q2 25
$95.7M
$109.1M
Q1 25
$31.7M
$105.7M
Q4 24
$108.5M
Q3 24
$71.1M
$101.8M
Q2 24
$64.0M
$100.1M
Q1 24
$31.7M
$87.1M
Net Profit
GAU
GAU
ZLAB
ZLAB
Q4 25
Q3 25
$-36.0M
Q2 25
$4.1M
$-40.7M
Q1 25
$-3.2M
$-48.4M
Q4 24
Q3 24
$1.1M
$-41.7M
Q2 24
$8.8M
$-80.3M
Q1 24
$-53.5M
Gross Margin
GAU
GAU
ZLAB
ZLAB
Q4 25
51.0%
Q3 25
59.5%
Q2 25
60.6%
Q1 25
63.6%
Q4 24
61.5%
Q3 24
64.1%
Q2 24
64.9%
Q1 24
61.4%
Operating Margin
GAU
GAU
ZLAB
ZLAB
Q4 25
-54.6%
Q3 25
24.3%
-42.3%
Q2 25
18.4%
-50.3%
Q1 25
8.2%
-53.3%
Q4 24
-62.6%
Q3 24
-66.6%
Q2 24
-76.0%
Q1 24
17.2%
-80.7%
Net Margin
GAU
GAU
ZLAB
ZLAB
Q4 25
Q3 25
-31.2%
Q2 25
4.3%
-37.3%
Q1 25
-10.1%
-45.8%
Q4 24
Q3 24
1.5%
-40.9%
Q2 24
13.8%
-80.2%
Q1 24
-61.4%
EPS (diluted)
GAU
GAU
ZLAB
ZLAB
Q4 25
$-0.05
Q3 25
$-0.03
Q2 25
$-0.04
Q1 25
$-0.04
Q4 24
$-0.09
Q3 24
$-0.04
Q2 24
$-0.08
Q1 24
$-0.05

Balance Sheet & Financial Strength

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

Metric
GAU
GAU
ZLAB
ZLAB
Cash + ST InvestmentsLiquidity on hand
$689.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$715.5M
Total Assets
$1.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GAU
GAU
ZLAB
ZLAB
Q4 25
$689.6M
Q3 25
$717.2M
Q2 25
$732.2M
Q1 25
$757.3M
Q4 24
$779.7M
Q3 24
$616.1M
Q2 24
$630.0M
Q1 24
$650.8M
Stockholders' Equity
GAU
GAU
ZLAB
ZLAB
Q4 25
$715.5M
Q3 25
$759.9M
Q2 25
$791.7M
Q1 25
$810.8M
Q4 24
$840.9M
Q3 24
$667.7M
Q2 24
$704.2M
Q1 24
$762.2M
Total Assets
GAU
GAU
ZLAB
ZLAB
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.2B
Q4 24
$1.2B
Q3 24
$985.3M
Q2 24
$987.4M
Q1 24
$988.4M

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
ZLAB
ZLAB
Operating Cash FlowLast quarter
$41.9M
$-26.0M
Free Cash FlowOCF − Capex
$-26.7M
FCF MarginFCF / Revenue
-21.0%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-158.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GAU
GAU
ZLAB
ZLAB
Q4 25
$-26.0M
Q3 25
$41.9M
$-32.0M
Q2 25
$17.5M
$-31.0M
Q1 25
$13.0M
$-61.7M
Q4 24
$-55.8M
Q3 24
$28.6M
$-26.8M
Q2 24
$9.2M
$-42.2M
Q1 24
$-90.1M
Free Cash Flow
GAU
GAU
ZLAB
ZLAB
Q4 25
$-26.7M
Q3 25
$-35.0M
Q2 25
$-33.9M
Q1 25
$-63.2M
Q4 24
$-58.4M
Q3 24
$-28.2M
Q2 24
$-42.9M
Q1 24
$-91.1M
FCF Margin
GAU
GAU
ZLAB
ZLAB
Q4 25
-21.0%
Q3 25
-30.4%
Q2 25
-31.1%
Q1 25
-59.9%
Q4 24
-53.8%
Q3 24
-27.7%
Q2 24
-42.9%
Q1 24
-104.5%
Capex Intensity
GAU
GAU
ZLAB
ZLAB
Q4 25
0.5%
Q3 25
2.6%
Q2 25
2.6%
Q1 25
1.5%
Q4 24
2.4%
Q3 24
1.3%
Q2 24
0.7%
Q1 24
1.1%
Cash Conversion
GAU
GAU
ZLAB
ZLAB
Q4 25
Q3 25
Q2 25
4.30×
Q1 25
Q4 24
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.

ZLAB
ZLAB

Zejula$56.0M44%
Other$21.9M17%
Nuzyra$16.0M13%
Optune$11.9M9%
XACDURO$10.7M8%
Qinlock$9.7M8%
AUGTYRO$836.0K1%

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