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Side-by-side financial comparison of Hafnia Ltd (HAFN) and VivoSim Labs, INC. (VIVS). Click either name above to swap in a different company.

Hafnia Ltd is the larger business by last-quarter revenue ($31.0K vs $26.0K, roughly 1.2× VivoSim Labs, INC.).

Hafnia Ltd is a leading global shipping firm focused on operating product and chemical tanker fleets. It transports diverse bulk liquid cargoes including refined petroleum products, specialty chemicals, and edible oils, catering to clients across the energy, chemical manufacturing, and agricultural commodity industries worldwide.

VivoSim Labs, Inc. is a preclinical biotechnology company that develops advanced human organ and tissue simulation platforms. Its products are used by pharmaceutical firms, contract research organizations, and academic institutions to evaluate drug safety, efficacy, and toxicity, reducing reliance on traditional animal testing in global life sciences research segments.

HAFN vs VIVS — Head-to-Head

Bigger by revenue
HAFN
HAFN
1.2× larger
HAFN
$31.0K
$26.0K
VIVS

Income Statement — Q1 FY2024 vs Q3 FY2026

Metric
HAFN
HAFN
VIVS
VIVS
Revenue
$31.0K
$26.0K
Net Profit
$-2.7M
Gross Margin
Operating Margin
-10576.9%
Net Margin
-10350.0%
Revenue YoY
8.3%
Net Profit YoY
21.9%
EPS (diluted)
$-1.03

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
HAFN
HAFN
VIVS
VIVS
Q4 25
$26.0K
Q3 25
$28.0K
Q2 25
$37.0K
Q1 25
$51.0K
Q4 24
$24.0K
Q3 24
$30.0K
Q2 24
$39.0K
Q1 24
$31.0K
$29.0K
Net Profit
HAFN
HAFN
VIVS
VIVS
Q4 25
$-2.7M
Q3 25
$-2.5M
Q2 25
$-2.8M
Q1 25
$6.9M
Q4 24
$-3.4M
Q3 24
$-2.5M
Q2 24
$-3.3M
Q1 24
$-3.0M
Gross Margin
HAFN
HAFN
VIVS
VIVS
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
91.7%
Q3 24
96.7%
Q2 24
94.9%
Q1 24
Operating Margin
HAFN
HAFN
VIVS
VIVS
Q4 25
-10576.9%
Q3 25
-9410.7%
Q2 25
-7878.4%
Q1 25
-6184.3%
Q4 24
-14450.0%
Q3 24
-8693.3%
Q2 24
-8682.1%
Q1 24
-10675.9%
Net Margin
HAFN
HAFN
VIVS
VIVS
Q4 25
-10350.0%
Q3 25
-9089.3%
Q2 25
-7683.8%
Q1 25
13435.3%
Q4 24
-14362.5%
Q3 24
-8496.7%
Q2 24
-8574.4%
Q1 24
-10500.0%
EPS (diluted)
HAFN
HAFN
VIVS
VIVS
Q4 25
$-1.03
Q3 25
$-0.98
Q2 25
$-1.14
Q1 25
$5.00
Q4 24
$-2.28
Q3 24
$-1.68
Q2 24
$-2.74
Q1 24
$-17.93

Balance Sheet & Financial Strength

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

Metric
HAFN
HAFN
VIVS
VIVS
Cash + ST InvestmentsLiquidity on hand
$4.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$4.4M
Total Assets
$7.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HAFN
HAFN
VIVS
VIVS
Q4 25
$4.3M
Q3 25
$6.7M
Q2 25
$9.1M
Q1 25
$11.3M
Q4 24
$1.2M
Q3 24
$3.2M
Q2 24
$6.2M
Q1 24
$2.9M
Stockholders' Equity
HAFN
HAFN
VIVS
VIVS
Q4 25
$4.4M
Q3 25
$7.1M
Q2 25
$9.5M
Q1 25
$10.5M
Q4 24
$364.0K
Q3 24
$3.7M
Q2 24
$6.7M
Q1 24
$3.6M
Total Assets
HAFN
HAFN
VIVS
VIVS
Q4 25
$7.0M
Q3 25
$9.7M
Q2 25
$12.0M
Q1 25
$14.7M
Q4 24
$3.8M
Q3 24
$6.8M
Q2 24
$9.5M
Q1 24
$6.3M

Cash Flow & Capital Efficiency

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

Metric
HAFN
HAFN
VIVS
VIVS
Operating Cash FlowLast quarter
$-2.3M
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
HAFN
HAFN
VIVS
VIVS
Q4 25
$-2.3M
Q3 25
$-2.4M
Q2 25
$-3.9M
Q1 25
$-2.0M
Q4 24
$-1.8M
Q3 24
$-2.6M
Q2 24
$-3.0M
Q1 24
$-2.7M
Free Cash Flow
HAFN
HAFN
VIVS
VIVS
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$-2.7M
Q2 24
Q1 24
FCF Margin
HAFN
HAFN
VIVS
VIVS
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
-8850.0%
Q2 24
Q1 24
Capex Intensity
HAFN
HAFN
VIVS
VIVS
Q4 25
0.0%
Q3 25
Q2 25
Q1 25
0.0%
Q4 24
0.0%
Q3 24
43.3%
Q2 24
0.0%
Q1 24
0.0%
Cash Conversion
HAFN
HAFN
VIVS
VIVS
Q4 25
Q3 25
Q2 25
Q1 25
-0.30×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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