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Side-by-side financial comparison of Ivanhoe Electric Inc. (IE) and Functional Brands Inc. (MEHA). Click either name above to swap in a different company.

Functional Brands Inc. is the larger business by last-quarter revenue ($1.7M vs $896.0K, roughly 1.9× Ivanhoe Electric Inc.). Functional Brands Inc. runs the higher net margin — 15.3% vs -4500.4%, a 4515.7% gap on every dollar of revenue. Functional Brands Inc. produced more free cash flow last quarter ($1.5M vs $-25.7M).

Ivanhoe Electric Inc. is a critical minerals exploration and development firm focused on metals for global electrification. It targets high-grade copper, gold, silver and strategic deposits, with primary North American operations, supplying raw materials to renewable energy, EV and power grid infrastructure supply chains worldwide.

Fortune Brands Innovations, Inc. is an American manufacturer of home and security products, headquartered in Deerfield, Illinois. Its portfolio of businesses and brands includes Moen and the House of Rohl; outdoor living and security products from Therma-Tru, Larson, Fiberon, Master Lock and SentrySafe; and MasterBrand Cabinets. Fortune Brands is a Fortune 500 company and part of the S&P 400 Index. As of December 31, 2021, the company reported employing approximately 28,000 associates and pos...

IE vs MEHA — Head-to-Head

Bigger by revenue
MEHA
MEHA
1.9× larger
MEHA
$1.7M
$896.0K
IE
Higher net margin
MEHA
MEHA
4515.7% more per $
MEHA
15.3%
-4500.4%
IE
More free cash flow
MEHA
MEHA
$27.2M more FCF
MEHA
$1.5M
$-25.7M
IE

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
IE
IE
MEHA
MEHA
Revenue
$896.0K
$1.7M
Net Profit
$-40.3M
$259.0K
Gross Margin
69.5%
57.7%
Operating Margin
-4167.7%
-4.6%
Net Margin
-4500.4%
15.3%
Revenue YoY
-32.7%
Net Profit YoY
-318.3%
EPS (diluted)
$0.24
$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
IE
IE
MEHA
MEHA
Q4 25
$896.0K
Q3 25
$545.0K
$1.7M
Q2 25
$1.1M
Q1 25
$735.0K
Q4 24
$1.3M
Q3 24
$671.0K
Q2 24
$538.0K
Q1 24
$360.0K
Net Profit
IE
IE
MEHA
MEHA
Q4 25
$-40.3M
Q3 25
$-17.5M
$259.0K
Q2 25
$-23.9M
Q1 25
$-34.1M
Q4 24
$18.5M
Q3 24
$-43.2M
Q2 24
$-46.8M
Q1 24
$-60.1M
Gross Margin
IE
IE
MEHA
MEHA
Q4 25
69.5%
Q3 25
51.2%
57.7%
Q2 25
72.5%
Q1 25
60.1%
Q4 24
64.7%
Q3 24
61.8%
Q2 24
64.3%
Q1 24
72.2%
Operating Margin
IE
IE
MEHA
MEHA
Q4 25
-4167.7%
Q3 25
-4328.3%
-4.6%
Q2 25
-2400.3%
Q1 25
-3674.0%
Q4 24
-2229.4%
Q3 24
-6233.8%
Q2 24
-9023.4%
Q1 24
-15800.3%
Net Margin
IE
IE
MEHA
MEHA
Q4 25
-4500.4%
Q3 25
-3214.9%
15.3%
Q2 25
-2233.2%
Q1 25
-4645.0%
Q4 24
1386.6%
Q3 24
-6443.5%
Q2 24
-8695.7%
Q1 24
-16693.1%
EPS (diluted)
IE
IE
MEHA
MEHA
Q4 25
$0.24
Q3 25
$0.13
$0.04
Q2 25
$0.18
Q1 25
$0.24
Q4 24
$-0.14
Q3 24
$0.36
Q2 24
$0.39
Q1 24
$0.46

Balance Sheet & Financial Strength

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

Metric
IE
IE
MEHA
MEHA
Cash + ST InvestmentsLiquidity on hand
$173.3M
$1.0M
Total DebtLower is stronger
$141.3K
Stockholders' EquityBook value
$416.1M
$604.7K
Total Assets
$483.3M
$8.2M
Debt / EquityLower = less leverage
0.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IE
IE
MEHA
MEHA
Q4 25
$173.3M
Q3 25
$69.5M
$1.0M
Q2 25
$88.0M
Q1 25
$98.2M
Q4 24
$41.0M
Q3 24
$81.1M
Q2 24
$133.8M
Q1 24
$179.4M
Total Debt
IE
IE
MEHA
MEHA
Q4 25
Q3 25
$141.3K
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
IE
IE
MEHA
MEHA
Q4 25
$416.1M
Q3 25
$280.1M
$604.7K
Q2 25
$293.3M
Q1 25
$307.0M
Q4 24
$268.6M
Q3 24
$250.1M
Q2 24
$289.2M
Q1 24
$331.5M
Total Assets
IE
IE
MEHA
MEHA
Q4 25
$483.3M
Q3 25
$386.2M
$8.2M
Q2 25
$400.5M
Q1 25
$414.4M
Q4 24
$374.9M
Q3 24
$375.4M
Q2 24
$416.3M
Q1 24
$461.2M
Debt / Equity
IE
IE
MEHA
MEHA
Q4 25
Q3 25
0.23×
Q2 25
Q1 25
Q4 24
Q3 24
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
IE
IE
MEHA
MEHA
Operating Cash FlowLast quarter
$-25.7M
$1.5M
Free Cash FlowOCF − Capex
$-25.7M
$1.5M
FCF MarginFCF / Revenue
-2872.8%
86.8%
Capex IntensityCapex / Revenue
4.1%
0.5%
Cash ConversionOCF / Net Profit
5.71×
TTM Free Cash FlowTrailing 4 quarters
$-90.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IE
IE
MEHA
MEHA
Q4 25
$-25.7M
Q3 25
$-27.7M
$1.5M
Q2 25
$-20.0M
Q1 25
$-15.8M
Q4 24
$-30.7M
Q3 24
$-36.9M
Q2 24
$-44.5M
Q1 24
$-50.0M
Free Cash Flow
IE
IE
MEHA
MEHA
Q4 25
$-25.7M
Q3 25
$-27.8M
$1.5M
Q2 25
$-21.3M
Q1 25
$-15.8M
Q4 24
$-32.4M
Q3 24
$-36.9M
Q2 24
$-45.0M
Q1 24
$-50.6M
FCF Margin
IE
IE
MEHA
MEHA
Q4 25
-2872.8%
Q3 25
-5103.9%
86.8%
Q2 25
-1990.1%
Q1 25
-2146.5%
Q4 24
-2432.4%
Q3 24
-5506.6%
Q2 24
-8372.9%
Q1 24
-14064.2%
Capex Intensity
IE
IE
MEHA
MEHA
Q4 25
4.1%
Q3 25
16.9%
0.5%
Q2 25
117.6%
Q1 25
0.3%
Q4 24
127.3%
Q3 24
8.8%
Q2 24
93.7%
Q1 24
186.7%
Cash Conversion
IE
IE
MEHA
MEHA
Q4 25
Q3 25
5.71×
Q2 25
Q1 25
Q4 24
-1.66×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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