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Side-by-side financial comparison of IM Cannabis Corp. (IMCC) and Satellogic Inc. (SATL). Click either name above to swap in a different company.

IM Cannabis Corp. is the larger business by last-quarter revenue ($9.3M vs $6.2M, roughly 1.5× Satellogic Inc.). Satellogic Inc. runs the higher net margin — 488.0% vs -1.5%, a 489.5% gap on every dollar of revenue.

IM Cannabis Corp is a global cannabis enterprise focused on the cultivation, production, distribution and retail of medical and adult-use cannabis products. It runs business across core markets including North America, the European Union and Israel, offering branded cannabis goods, wellness derivatives and related consumer products to medical patients and recreational users.

Satellogic Inc. is an American company specializing in Earth-observation satellites, founded in 2010 by Emiliano Kargieman and Gerardo Richarte.

IMCC vs SATL — Head-to-Head

Bigger by revenue
IMCC
IMCC
1.5× larger
IMCC
$9.3M
$6.2M
SATL
Higher net margin
SATL
SATL
489.5% more per $
SATL
488.0%
-1.5%
IMCC

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
IMCC
IMCC
SATL
SATL
Revenue
$9.3M
$6.2M
Net Profit
$-141.6K
$30.5M
Gross Margin
27.0%
Operating Margin
-2.8%
-114.2%
Net Margin
-1.5%
488.0%
Revenue YoY
-13.9%
Net Profit YoY
94.4%
EPS (diluted)
$0.24

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
IMCC
IMCC
SATL
SATL
Q4 25
$6.2M
Q3 25
$3.6M
Q2 25
$9.3M
$4.4M
Q1 25
$3.4M
Q2 24
$10.8M
$3.5M
Net Profit
IMCC
IMCC
SATL
SATL
Q4 25
$30.5M
Q3 25
$4.0M
Q2 25
$-141.6K
$-6.7M
Q1 25
$-32.6M
Q2 24
$-2.5M
$-18.1M
Gross Margin
IMCC
IMCC
SATL
SATL
Q4 25
Q3 25
Q2 25
27.0%
Q1 25
Q2 24
5.7%
Operating Margin
IMCC
IMCC
SATL
SATL
Q4 25
-114.2%
Q3 25
-222.5%
Q2 25
-2.8%
-141.6%
Q1 25
-280.9%
Q2 24
-19.5%
-419.2%
Net Margin
IMCC
IMCC
SATL
SATL
Q4 25
488.0%
Q3 25
109.2%
Q2 25
-1.5%
-149.8%
Q1 25
-961.9%
Q2 24
-23.4%
-517.0%
EPS (diluted)
IMCC
IMCC
SATL
SATL
Q4 25
$0.24
Q3 25
$-0.02
Q2 25
$-0.06
Q1 25
$-0.34
Q2 24
$-0.20

Balance Sheet & Financial Strength

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

Metric
IMCC
IMCC
SATL
SATL
Cash + ST InvestmentsLiquidity on hand
$579.6K
$94.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.0M
$60.5M
Total Assets
$30.0M
$151.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IMCC
IMCC
SATL
SATL
Q4 25
$94.4M
Q3 25
$28.3M
Q2 25
$579.6K
$32.6M
Q1 25
$17.7M
Q2 24
$511.0K
$25.6M
Stockholders' Equity
IMCC
IMCC
SATL
SATL
Q4 25
$60.5M
Q3 25
$-56.9M
Q2 25
$3.0M
$-68.1M
Q1 25
$-83.1M
Q2 24
$4.0M
$19.1M
Total Assets
IMCC
IMCC
SATL
SATL
Q4 25
$151.3M
Q3 25
$70.9M
Q2 25
$30.0M
$73.8M
Q1 25
$61.4M
Q2 24
$29.4M
$76.6M

Cash Flow & Capital Efficiency

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

Metric
IMCC
IMCC
SATL
SATL
Operating Cash FlowLast quarter
$-9.5M
Free Cash FlowOCF − Capex
$-12.8M
FCF MarginFCF / Revenue
-204.9%
Capex IntensityCapex / Revenue
53.6%
Cash ConversionOCF / Net Profit
-0.31×
TTM Free Cash FlowTrailing 4 quarters
$-34.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IMCC
IMCC
SATL
SATL
Q4 25
$-9.5M
Q3 25
$-8.4M
Q2 25
$-4.3M
Q1 25
$-4.7M
Q2 24
Free Cash Flow
IMCC
IMCC
SATL
SATL
Q4 25
$-12.8M
Q3 25
$-9.7M
Q2 25
$-5.1M
Q1 25
$-6.6M
Q2 24
FCF Margin
IMCC
IMCC
SATL
SATL
Q4 25
-204.9%
Q3 25
-267.2%
Q2 25
-115.3%
Q1 25
-195.9%
Q2 24
Capex Intensity
IMCC
IMCC
SATL
SATL
Q4 25
53.6%
Q3 25
36.8%
Q2 25
17.5%
Q1 25
56.5%
Q2 24
Cash Conversion
IMCC
IMCC
SATL
SATL
Q4 25
-0.31×
Q3 25
-2.11×
Q2 25
Q1 25
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

IMCC
IMCC

Segment breakdown not available.

SATL
SATL

Transferred At Point In Time$5.7M91%
Other$547.0K9%

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