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Side-by-side financial comparison of GCL Global Holdings Ltd (GCL) and Viridian Therapeutics, Inc.\DE (VRDN). Click either name above to swap in a different company.

GCL Global Holdings Ltd is the larger business by last-quarter revenue ($98.7M vs $70.6M, roughly 1.4× Viridian Therapeutics, Inc.\DE). GCL Global Holdings Ltd runs the higher net margin — -5.2% vs -49.0%, a 43.9% gap on every dollar of revenue. GCL Global Holdings Ltd produced more free cash flow last quarter ($-5.2M vs $-84.7M).

GCL Global Holdings Ltd is a leading clean energy enterprise focusing on R&D, production and operation of photovoltaic products, energy storage systems and low-carbon energy solutions. Its main markets cover Asia, Europe, North America, serving utility, commercial and residential distributed energy users across the globe.

Viridian Therapeutics is a clinical-stage biotechnology firm developing novel disease-modifying therapies for rare, serious autoimmune and inflammatory diseases. Its lead pipeline candidate targets thyroid eye disease, a debilitating orbital disorder, with primary market focus on North America and Europe.

GCL vs VRDN — Head-to-Head

Bigger by revenue
GCL
GCL
1.4× larger
GCL
$98.7M
$70.6M
VRDN
Higher net margin
GCL
GCL
43.9% more per $
GCL
-5.2%
-49.0%
VRDN
More free cash flow
GCL
GCL
$79.5M more FCF
GCL
$-5.2M
$-84.7M
VRDN

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
GCL
GCL
VRDN
VRDN
Revenue
$98.7M
$70.6M
Net Profit
$-5.1M
$-34.6M
Gross Margin
11.0%
Operating Margin
-6.7%
-56.7%
Net Margin
-5.2%
-49.0%
Revenue YoY
81958.1%
Net Profit YoY
54.9%
EPS (diluted)
$-0.04

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
GCL
GCL
VRDN
VRDN
Q3 25
$98.7M
$70.6M
Q2 25
$142.1M
Q3 24
$36.1M
Net Profit
GCL
GCL
VRDN
VRDN
Q3 25
$-5.1M
$-34.6M
Q2 25
$5.6M
Q3 24
$-1.9M
Gross Margin
GCL
GCL
VRDN
VRDN
Q3 25
11.0%
Q2 25
15.0%
Q3 24
16.2%
Operating Margin
GCL
GCL
VRDN
VRDN
Q3 25
-6.7%
-56.7%
Q2 25
2.3%
Q3 24
-5.6%
Net Margin
GCL
GCL
VRDN
VRDN
Q3 25
-5.2%
-49.0%
Q2 25
3.9%
Q3 24
-5.2%
EPS (diluted)
GCL
GCL
VRDN
VRDN
Q3 25
$-0.04
Q2 25
$0.05
Q3 24

Balance Sheet & Financial Strength

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

Metric
GCL
GCL
VRDN
VRDN
Cash + ST InvestmentsLiquidity on hand
$16.6M
$490.9M
Total DebtLower is stronger
$52.0M
Stockholders' EquityBook value
$33.1M
$503.0M
Total Assets
$159.9M
$577.1M
Debt / EquityLower = less leverage
1.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GCL
GCL
VRDN
VRDN
Q3 25
$16.6M
$490.9M
Q2 25
$18.2M
Q3 24
$2.7M
Total Debt
GCL
GCL
VRDN
VRDN
Q3 25
$52.0M
Q2 25
$11.9M
Q3 24
Stockholders' Equity
GCL
GCL
VRDN
VRDN
Q3 25
$33.1M
$503.0M
Q2 25
$35.9M
Q3 24
$15.9M
Total Assets
GCL
GCL
VRDN
VRDN
Q3 25
$159.9M
$577.1M
Q2 25
$101.6M
Q3 24
$49.6M
Debt / Equity
GCL
GCL
VRDN
VRDN
Q3 25
1.57×
Q2 25
0.33×
Q3 24

Cash Flow & Capital Efficiency

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

Metric
GCL
GCL
VRDN
VRDN
Operating Cash FlowLast quarter
$-4.8M
$-84.6M
Free Cash FlowOCF − Capex
$-5.2M
$-84.7M
FCF MarginFCF / Revenue
-5.3%
-120.1%
Capex IntensityCapex / Revenue
0.4%
0.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GCL
GCL
VRDN
VRDN
Q3 25
$-4.8M
$-84.6M
Q2 25
$-10.3M
Q3 24
$6.1M
Free Cash Flow
GCL
GCL
VRDN
VRDN
Q3 25
$-5.2M
$-84.7M
Q2 25
$-10.5M
Q3 24
FCF Margin
GCL
GCL
VRDN
VRDN
Q3 25
-5.3%
-120.1%
Q2 25
-7.4%
Q3 24
Capex Intensity
GCL
GCL
VRDN
VRDN
Q3 25
0.4%
0.2%
Q2 25
0.1%
Q3 24
Cash Conversion
GCL
GCL
VRDN
VRDN
Q3 25
Q2 25
-1.84×
Q3 24

Financial Flow Comparison

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

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