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Side-by-side financial comparison of IM Cannabis Corp. (IMCC) and TH International Ltd (THCH). Click either name above to swap in a different company.

IM Cannabis Corp. is the larger business by last-quarter revenue ($9.3M vs $6.6M, roughly 1.4× TH International Ltd). IM Cannabis Corp. runs the higher net margin — -1.5% vs -41.2%, a 39.7% 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.

TH International Ltd is the exclusive operator of the Tim Hortons coffee brand in mainland China. It offers freshly brewed coffee, artisanal baked goods, light meals and branded peripheral products, operating physical offline stores and third-party delivery channels, targeting young urban consumers across tier 1, tier 2 and tier 3 cities in China.

IMCC vs THCH — Head-to-Head

Bigger by revenue
IMCC
IMCC
1.4× larger
IMCC
$9.3M
$6.6M
THCH
Higher net margin
IMCC
IMCC
39.7% more per $
IMCC
-1.5%
-41.2%
THCH

Income Statement — Q2 FY2025 vs Q1 FY2024

Metric
IMCC
IMCC
THCH
THCH
Revenue
$9.3M
$6.6M
Net Profit
$-141.6K
$-2.7M
Gross Margin
27.0%
Operating Margin
-2.8%
-37.3%
Net Margin
-1.5%
-41.2%
Revenue YoY
-13.9%
Net Profit YoY
94.4%
EPS (diluted)

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
THCH
THCH
Q2 25
$9.3M
Q2 24
$10.8M
Q1 24
$6.6M
Net Profit
IMCC
IMCC
THCH
THCH
Q2 25
$-141.6K
Q2 24
$-2.5M
Q1 24
$-2.7M
Gross Margin
IMCC
IMCC
THCH
THCH
Q2 25
27.0%
Q2 24
5.7%
Q1 24
Operating Margin
IMCC
IMCC
THCH
THCH
Q2 25
-2.8%
Q2 24
-19.5%
Q1 24
-37.3%
Net Margin
IMCC
IMCC
THCH
THCH
Q2 25
-1.5%
Q2 24
-23.4%
Q1 24
-41.2%

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IMCC
IMCC
THCH
THCH
Q2 25
$579.6K
Q2 24
$511.0K
Q1 24
Stockholders' Equity
IMCC
IMCC
THCH
THCH
Q2 25
$3.0M
Q2 24
$4.0M
Q1 24
Total Assets
IMCC
IMCC
THCH
THCH
Q2 25
$30.0M
Q2 24
$29.4M
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
IMCC
IMCC
THCH
THCH
Operating Cash FlowLast quarter
$-511
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.

Operating Cash Flow
IMCC
IMCC
THCH
THCH
Q2 25
Q2 24
Q1 24
$-511

Financial Flow Comparison

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

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