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Side-by-side financial comparison of HeartSciences Inc. (HSCS) and Scienture Holdings, Inc. (SCNX). Click either name above to swap in a different company.
Scienture Holdings, Inc. runs the higher net margin — 16668.9% vs -97179.4%, a 113848.3% gap on every dollar of revenue.
Meril Life Sciences is an Indian multinational medical device company, with headquarters in Vapi, Gujarat, India. It was founded in 2006 and is a part of the Bilakhia Group. The company is engaged in the manufacturing of vascular intervention devices, orthopedic implants, robotics, endosurgery, ENT products and in-vitro diagnostics. Meril Life Sciences operates in over 150 countries and has employed 10000 people, as of 2024.
HSCS vs SCNX — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.4K | $-168.7K |
| Net Profit | $-2.4M | $-28.1M |
| Gross Margin | 58.3% | 144.5% |
| Operating Margin | -85713.2% | 17487.0% |
| Net Margin | -97179.4% | 16668.9% |
| Revenue YoY | — | — |
| Net Profit YoY | -12.9% | -292.6% |
| EPS (diluted) | $-0.85 | $-1.70 |
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 | $2.4K | $-168.7K | ||
| Q3 25 | $1.9K | $590.0K | ||
| Q2 25 | — | $0 | ||
| Q1 25 | $0 | $10.3K | ||
| Q3 24 | — | $64.9K | ||
| Q2 24 | — | $18.7K | ||
| Q1 24 | $14.7K | — | ||
| Q4 23 | $3.9K | $111.7K |
| Q4 25 | $-2.4M | $-28.1M | ||
| Q3 25 | $-2.1M | $-3.6M | ||
| Q2 25 | — | $-6.7M | ||
| Q1 25 | $-2.5M | $-3.1M | ||
| Q3 24 | — | $-3.2M | ||
| Q2 24 | — | $-1.8M | ||
| Q1 24 | $-1.6M | — | ||
| Q4 23 | $-1.7M | — |
| Q4 25 | 58.3% | 144.5% | ||
| Q3 25 | 60.0% | 97.4% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 6.6% | ||
| Q3 24 | — | 6.0% | ||
| Q2 24 | — | — | ||
| Q1 24 | 69.0% | — | ||
| Q4 23 | 61.0% | — |
| Q4 25 | -85713.2% | 17487.0% | ||
| Q3 25 | -98637.8% | -739.1% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -34814.9% | ||
| Q3 24 | — | -5392.7% | ||
| Q2 24 | — | -7998.8% | ||
| Q1 24 | -10376.7% | — | ||
| Q4 23 | -40254.9% | — |
| Q4 25 | -97179.4% | 16668.9% | ||
| Q3 25 | -108157.6% | -611.4% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -29869.3% | ||
| Q3 24 | — | -4908.3% | ||
| Q2 24 | — | -9807.5% | ||
| Q1 24 | -11182.4% | — | ||
| Q4 23 | -44830.2% | — |
| Q4 25 | $-0.85 | $-1.70 | ||
| Q3 25 | $-1.58 | $-0.19 | ||
| Q2 25 | — | $-0.48 | ||
| Q1 25 | $-2.57 | $-0.33 | ||
| Q3 24 | — | $-1.34 | ||
| Q2 24 | — | $-1.30 | ||
| Q1 24 | $-3.01 | — | ||
| Q4 23 | $-15.92 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.0M | $6.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $4.2M | $70.1M |
| Total Assets | $6.0M | $84.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.0M | $6.7M | ||
| Q3 25 | $2.8M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $2.6M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $7.1M | — | ||
| Q4 23 | $100.1K | $361 |
| Q4 25 | — | — | ||
| Q3 25 | — | $2.0M | ||
| Q2 25 | — | $3.6M | ||
| Q1 25 | — | $3.1M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — |
| Q4 25 | $4.2M | $70.1M | ||
| Q3 25 | $3.1M | $82.7M | ||
| Q2 25 | — | $77.9M | ||
| Q1 25 | $1.8M | $81.2M | ||
| Q3 24 | — | $85.1M | ||
| Q2 24 | — | $11.8M | ||
| Q1 24 | $8.6M | — | ||
| Q4 23 | $-1.6M | $542.4K |
| Q4 25 | $6.0M | $84.2M | ||
| Q3 25 | $6.4M | $104.8M | ||
| Q2 25 | — | $104.3M | ||
| Q1 25 | $5.7M | $106.4M | ||
| Q3 24 | — | $94.3M | ||
| Q2 24 | — | $14.8M | ||
| Q1 24 | $10.8M | — | ||
| Q4 23 | $2.4M | $12.5M |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.02× | ||
| Q2 25 | — | 0.05× | ||
| Q1 25 | — | 0.04× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — |
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 | $-2.3M | $-5.2M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-2.3M | $-5.2M | ||
| Q3 25 | $-2.0M | $-3.2M | ||
| Q2 25 | — | $-2.0M | ||
| Q1 25 | $-1.6M | $-3.0M | ||
| Q3 24 | — | $-5.4M | ||
| Q2 24 | — | $4.2M | ||
| Q1 24 | $-2.1M | — | ||
| Q4 23 | $-988.2K | $-2.2M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | $-5.4M | ||
| Q2 24 | — | — | ||
| Q1 24 | $-2.1M | — | ||
| Q4 23 | $-990.1K | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | -8325.7% | ||
| Q2 24 | — | — | ||
| Q1 24 | -14352.1% | — | ||
| Q4 23 | -25388.2% | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | 18.5% | ||
| Q2 24 | — | — | ||
| Q1 24 | 59.8% | — | ||
| Q4 23 | 50.1% | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
