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Side-by-side financial comparison of HEALTHY CHOICE WELLNESS CORP. (HCWC) and TriSalus Life Sciences, Inc. (TLSI). Click either name above to swap in a different company.
HEALTHY CHOICE WELLNESS CORP. is the larger business by last-quarter revenue ($18.7M vs $13.2M, roughly 1.4× TriSalus Life Sciences, Inc.). HEALTHY CHOICE WELLNESS CORP. runs the higher net margin — -8.9% vs -73.9%, a 65.0% gap on every dollar of revenue. HEALTHY CHOICE WELLNESS CORP. produced more free cash flow last quarter ($-927.1K vs $-2.5M).
TriSalus Life Sciences, Inc. is a clinical-stage biotechnology company focused on advancing immuno-oncology and interventional oncology solutions. It develops proprietary targeted drug delivery technologies designed to improve treatment efficacy for patients with liver, pancreatic and other hard-to-treat solid tumors, primarily operating in North American markets via partnerships with clinical care and research institutions.
HCWC vs TLSI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $18.7M | $13.2M |
| Net Profit | $-1.7M | $-9.8M |
| Gross Margin | 39.1% | 86.7% |
| Operating Margin | -7.6% | -24.8% |
| Net Margin | -8.9% | -73.9% |
| Revenue YoY | — | 59.8% |
| Net Profit YoY | — | 3.5% |
| EPS (diluted) | $-0.05 | $-0.22 |
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.
| Q4 25 | $18.7M | $13.2M | ||
| Q3 25 | $19.0M | $11.6M | ||
| Q2 25 | $20.2M | $11.2M | ||
| Q1 25 | $20.3M | $9.2M | ||
| Q4 24 | — | $8.3M | ||
| Q3 24 | $18.2M | $7.3M | ||
| Q2 24 | — | $7.4M | ||
| Q1 24 | — | $6.5M |
| Q4 25 | $-1.7M | $-9.8M | ||
| Q3 25 | $-1.2M | $-10.8M | ||
| Q2 25 | $-339.4K | $-8.3M | ||
| Q1 25 | $-712.4K | $-10.4M | ||
| Q4 24 | — | $-10.1M | ||
| Q3 24 | $-2.7M | $-2.4M | ||
| Q2 24 | — | $-4.3M | ||
| Q1 24 | — | $-13.2M |
| Q4 25 | 39.1% | 86.7% | ||
| Q3 25 | 38.8% | 83.5% | ||
| Q2 25 | 40.1% | 83.9% | ||
| Q1 25 | 38.8% | 83.7% | ||
| Q4 24 | — | 85.3% | ||
| Q3 24 | 38.4% | 86.3% | ||
| Q2 24 | — | 87.6% | ||
| Q1 24 | — | 85.0% |
| Q4 25 | -7.6% | -24.8% | ||
| Q3 25 | -3.2% | -77.9% | ||
| Q2 25 | -0.2% | -65.4% | ||
| Q1 25 | -2.0% | -79.9% | ||
| Q4 24 | — | -91.8% | ||
| Q3 24 | -2.0% | -118.9% | ||
| Q2 24 | — | -111.0% | ||
| Q1 24 | — | -180.8% |
| Q4 25 | -8.9% | -73.9% | ||
| Q3 25 | -6.4% | -93.5% | ||
| Q2 25 | -1.7% | -73.9% | ||
| Q1 25 | -3.5% | -113.2% | ||
| Q4 24 | — | -122.4% | ||
| Q3 24 | -14.6% | -32.6% | ||
| Q2 24 | — | -58.8% | ||
| Q1 24 | — | -204.5% |
| Q4 25 | $-0.05 | $-0.22 | ||
| Q3 25 | $-0.09 | $-0.96 | ||
| Q2 25 | $-0.03 | $-0.27 | ||
| Q1 25 | $-0.07 | $-0.39 | ||
| Q4 24 | — | $-0.38 | ||
| Q3 24 | $-0.29 | $-0.12 | ||
| Q2 24 | — | $-0.21 | ||
| Q1 24 | — | $-0.60 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $3.0M | $20.4M |
| Total DebtLower is stronger | $7.3M | — |
| Stockholders' EquityBook value | $7.3M | $-33.9M |
| Total Assets | $33.5M | $35.3M |
| Debt / EquityLower = less leverage | 1.00× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.0M | $20.4M | ||
| Q3 25 | $3.0M | $22.7M | ||
| Q2 25 | $4.7M | $26.5M | ||
| Q1 25 | $1.8M | $13.0M | ||
| Q4 24 | — | $8.5M | ||
| Q3 24 | $1.8M | $11.3M | ||
| Q2 24 | — | $16.5M | ||
| Q1 24 | — | $4.0M |
| Q4 25 | $7.3M | — | ||
| Q3 25 | $8.5M | — | ||
| Q2 25 | $9.7M | — | ||
| Q1 25 | $10.6M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $11.6M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $7.3M | $-33.9M | ||
| Q3 25 | $5.9M | $-26.7M | ||
| Q2 25 | $5.8M | $-19.4M | ||
| Q1 25 | $2.1M | $-34.4M | ||
| Q4 24 | — | $-25.9M | ||
| Q3 24 | $2.9M | $-20.4M | ||
| Q2 24 | — | $-25.3M | ||
| Q1 24 | — | $-36.0M |
| Q4 25 | $33.5M | $35.3M | ||
| Q3 25 | $33.7M | $36.5M | ||
| Q2 25 | $36.4M | $41.3M | ||
| Q1 25 | $34.1M | $28.6M | ||
| Q4 24 | — | $24.0M | ||
| Q3 24 | $33.2M | $27.5M | ||
| Q2 24 | — | $32.4M | ||
| Q1 24 | — | $17.9M |
| Q4 25 | 1.00× | — | ||
| Q3 25 | 1.43× | — | ||
| Q2 25 | 1.69× | — | ||
| Q1 25 | 5.01× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.95× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-855.1K | $-2.5M |
| Free Cash FlowOCF − Capex | $-927.1K | $-2.5M |
| FCF MarginFCF / Revenue | -5.0% | -19.1% |
| Capex IntensityCapex / Revenue | 0.4% | 0.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $675.4K | $-19.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-855.1K | $-2.5M | ||
| Q3 25 | $-308.7K | $-3.7M | ||
| Q2 25 | $1.1M | $-7.3M | ||
| Q1 25 | $1.1M | $-4.5M | ||
| Q4 24 | — | $-5.7M | ||
| Q3 24 | — | $-10.8M | ||
| Q2 24 | — | $-13.4M | ||
| Q1 24 | — | $-10.9M |
| Q4 25 | $-927.1K | $-2.5M | ||
| Q3 25 | $-351.3K | $-3.9M | ||
| Q2 25 | $988.6K | $-7.4M | ||
| Q1 25 | $965.3K | $-5.3M | ||
| Q4 24 | — | $-5.8M | ||
| Q3 24 | — | $-11.0M | ||
| Q2 24 | — | $-13.5M | ||
| Q1 24 | — | $-10.9M |
| Q4 25 | -5.0% | -19.1% | ||
| Q3 25 | -1.8% | -33.9% | ||
| Q2 25 | 4.9% | -66.1% | ||
| Q1 25 | 4.8% | -57.3% | ||
| Q4 24 | — | -69.7% | ||
| Q3 24 | — | -149.9% | ||
| Q2 24 | — | -183.1% | ||
| Q1 24 | — | -169.3% |
| Q4 25 | 0.4% | 0.3% | ||
| Q3 25 | 0.2% | 1.9% | ||
| Q2 25 | 0.4% | 0.8% | ||
| Q1 25 | 0.6% | 8.2% | ||
| Q4 24 | — | 0.6% | ||
| Q3 24 | — | 2.3% | ||
| Q2 24 | — | 0.8% | ||
| Q1 24 | — | 1.0% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HCWC
| Retail Grocery | $17.1M | 91% |
| Food Service Restaurant | $1.7M | 9% |
TLSI
Segment breakdown not available.
