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Side-by-side financial comparison of Gossamer Bio, Inc. (GOSS) and Metalpha Technology Holding Ltd (MATH). Click either name above to swap in a different company.

Gossamer Bio, Inc. is the larger business by last-quarter revenue ($13.8M vs $12.0M, roughly 1.1× Metalpha Technology Holding Ltd). Metalpha Technology Holding Ltd runs the higher net margin — -24.0% vs -342.3%, a 318.3% gap on every dollar of revenue. On growth, Gossamer Bio, Inc. posted the faster year-over-year revenue change (47.1% vs -39.0%).

Gossamer Bio, Inc. is a clinical-stage biopharmaceutical company focused on discovering, developing and commercializing novel therapeutics for patients with serious immunology, inflammation and oncology conditions. It advances a pipeline of proprietary product candidates across multiple clinical phases, primarily serving healthcare markets in North America and other global regions.

Metalpha Technology Holding Ltd is a global fintech firm specializing in digital asset wealth management, institutional-grade crypto investment services, and Web3 ecosystem infrastructure support. It serves professional investors, financial institutions, and high-net-worth clients across Asia, North America and Europe, with core segments including structured digital asset products, risk management solutions and DeFi technology development.

GOSS vs MATH — Head-to-Head

Bigger by revenue
GOSS
GOSS
1.1× larger
GOSS
$13.8M
$12.0M
MATH
Growing faster (revenue YoY)
GOSS
GOSS
+86.2% gap
GOSS
47.1%
-39.0%
MATH
Higher net margin
MATH
MATH
318.3% more per $
MATH
-24.0%
-342.3%
GOSS

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
GOSS
GOSS
MATH
MATH
Revenue
$13.8M
$12.0M
Net Profit
$-47.2M
$-2.9M
Gross Margin
28.3%
Operating Margin
-333.6%
-24.2%
Net Margin
-342.3%
-24.0%
Revenue YoY
47.1%
-39.0%
Net Profit YoY
-43.0%
-147.7%
EPS (diluted)
$-0.21
$-0.07

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
GOSS
GOSS
MATH
MATH
Q4 25
$13.8M
Q3 25
$13.3M
$12.0M
Q1 25
$24.8M
Q3 24
$19.7M
Q2 24
$95.8M
Q1 24
$0
Q3 23
$0
Q2 23
$0
Net Profit
GOSS
GOSS
MATH
MATH
Q4 25
$-47.2M
Q3 25
$-48.2M
$-2.9M
Q1 25
$9.8M
Q3 24
$6.0M
Q2 24
$49.2M
Q1 24
$-41.9M
Q3 23
$-40.0M
Q2 23
$-42.5M
Gross Margin
GOSS
GOSS
MATH
MATH
Q4 25
Q3 25
28.3%
Q1 25
85.7%
Q3 24
49.5%
Q2 24
Q1 24
Q3 23
Q2 23
Operating Margin
GOSS
GOSS
MATH
MATH
Q4 25
-333.6%
Q3 25
-369.4%
-24.2%
Q1 25
39.3%
Q3 24
38.9%
Q2 24
54.3%
Q1 24
Q3 23
Q2 23
Net Margin
GOSS
GOSS
MATH
MATH
Q4 25
-342.3%
Q3 25
-362.7%
-24.0%
Q1 25
39.6%
Q3 24
30.7%
Q2 24
51.4%
Q1 24
Q3 23
Q2 23
EPS (diluted)
GOSS
GOSS
MATH
MATH
Q4 25
$-0.21
Q3 25
$-0.21
$-0.07
Q1 25
$0.25
Q3 24
$0.16
Q2 24
$0.22
Q1 24
$-0.19
Q3 23
$-0.21
Q2 23
$-0.45

Balance Sheet & Financial Strength

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

Metric
GOSS
GOSS
MATH
MATH
Cash + ST InvestmentsLiquidity on hand
$136.9M
$10.1M
Total DebtLower is stronger
$101.2K
Stockholders' EquityBook value
$-122.8M
$35.1M
Total Assets
$172.2M
$413.8M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GOSS
GOSS
MATH
MATH
Q4 25
$136.9M
Q3 25
$180.2M
$10.1M
Q1 25
$6.9M
Q3 24
$3.8M
Q2 24
$354.5M
Q1 24
$244.4M
Q3 23
$328.9M
Q2 23
$162.1M
Total Debt
GOSS
GOSS
MATH
MATH
Q4 25
Q3 25
$101.2K
Q1 25
$188.0K
Q3 24
$275.1K
Q2 24
Q1 24
Q3 23
Q2 23
Stockholders' Equity
GOSS
GOSS
MATH
MATH
Q4 25
$-122.8M
Q3 25
$-82.3M
$35.1M
Q1 25
$36.6M
Q3 24
$25.3M
Q2 24
$81.5M
Q1 24
$26.7M
Q3 23
$104.6M
Q2 23
$-62.8M
Total Assets
GOSS
GOSS
MATH
MATH
Q4 25
$172.2M
Q3 25
$208.8M
$413.8M
Q1 25
$246.8M
Q3 24
$237.2M
Q2 24
$373.4M
Q1 24
$259.4M
Q3 23
$347.9M
Q2 23
$181.7M
Debt / Equity
GOSS
GOSS
MATH
MATH
Q4 25
Q3 25
0.00×
Q1 25
0.01×
Q3 24
0.01×
Q2 24
Q1 24
Q3 23
Q2 23

Cash Flow & Capital Efficiency

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

Metric
GOSS
GOSS
MATH
MATH
Operating Cash FlowLast quarter
$-48.3M
$3.3M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GOSS
GOSS
MATH
MATH
Q4 25
$-48.3M
Q3 25
$-36.2M
$3.3M
Q1 25
$16.2M
Q3 24
$-16.1M
Q2 24
$116.3M
Q1 24
$-52.3M
Q3 23
$-34.5M
Q2 23
$-38.3M
Capex Intensity
GOSS
GOSS
MATH
MATH
Q4 25
0.0%
Q3 25
0.0%
Q1 25
Q3 24
Q2 24
0.0%
Q1 24
Q3 23
Q2 23
Cash Conversion
GOSS
GOSS
MATH
MATH
Q4 25
Q3 25
Q1 25
1.64×
Q3 24
-2.66×
Q2 24
2.36×
Q1 24
Q3 23
Q2 23

Financial Flow Comparison

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

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