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Side-by-side financial comparison of Immunovant, Inc. (IMVT) and Lucas GC Ltd (LGCL). Click either name above to swap in a different company.

Immunovant, Inc. is the larger business by last-quarter revenue ($8.4M vs $7.5M, roughly 1.1× Lucas GC Ltd). Lucas GC Ltd runs the higher net margin — 5.6% vs -899.0%, a 904.6% gap on every dollar of revenue.

Immunovant, Inc. is a clinical-stage biopharmaceutical company focused on developing innovative monoclonal antibody therapies for patients with serious, rare autoimmune and inflammatory diseases. Its lead product candidate covers multiple autoimmune indications, with core U.S. operations and a global market expansion strategy.

IMVT vs LGCL — Head-to-Head

Bigger by revenue
IMVT
IMVT
1.1× larger
IMVT
$8.4M
$7.5M
LGCL
Higher net margin
LGCL
LGCL
904.6% more per $
LGCL
5.6%
-899.0%
IMVT

Income Statement — Q4 FY2024 vs Q2 FY2025

Metric
IMVT
IMVT
LGCL
LGCL
Revenue
$8.4M
$7.5M
Net Profit
$-75.3M
$414.1K
Gross Margin
33.7%
Operating Margin
-896.2%
4.0%
Net Margin
-899.0%
5.6%
Revenue YoY
140.7%
Net Profit YoY
-26.7%
EPS (diluted)
$-0.50
$0.20

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
IMVT
IMVT
LGCL
LGCL
Q2 25
$7.5M
Q2 24
$11.5M
Q1 24
$8.4M
Q4 23
$8.9M
Q3 23
$3.6M
Q2 23
$4.1M
Q1 23
$3.5M
Q4 22
$2.9M
Net Profit
IMVT
IMVT
LGCL
LGCL
Q2 25
$414.1K
Q2 24
$1.0M
Q1 24
$-75.3M
Q4 23
$-51.4M
Q3 23
$-58.7M
Q2 23
$-73.9M
Q1 23
$-59.4M
Q4 22
$-63.2M
Gross Margin
IMVT
IMVT
LGCL
LGCL
Q2 25
33.7%
Q2 24
33.5%
Q1 24
Q4 23
Q3 23
Q2 23
Q1 23
Q4 22
Operating Margin
IMVT
IMVT
LGCL
LGCL
Q2 25
4.0%
Q2 24
8.8%
Q1 24
-896.2%
Q4 23
-576.8%
Q3 23
-1629.6%
Q2 23
-1819.1%
Q1 23
-1736.3%
Q4 22
-2134.5%
Net Margin
IMVT
IMVT
LGCL
LGCL
Q2 25
5.6%
Q2 24
8.9%
Q1 24
-899.0%
Q4 23
-575.6%
Q3 23
-1642.3%
Q2 23
-1818.9%
Q1 23
-1707.8%
Q4 22
-2147.7%
EPS (diluted)
IMVT
IMVT
LGCL
LGCL
Q2 25
$0.20
Q2 24
$0.01
Q1 24
$-0.50
Q4 23
$-0.36
Q3 23
$-0.45
Q2 23
$-0.57
Q1 23
$-0.46
Q4 22
$-0.49

Balance Sheet & Financial Strength

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

Metric
IMVT
IMVT
LGCL
LGCL
Cash + ST InvestmentsLiquidity on hand
$635.4M
$606.9K
Total DebtLower is stronger
Stockholders' EquityBook value
$617.8M
$6.3M
Total Assets
$666.4M
$8.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IMVT
IMVT
LGCL
LGCL
Q2 25
$606.9K
Q2 24
$978.1K
Q1 24
$635.4M
Q4 23
$690.9M
Q3 23
$269.9M
Q2 23
$330.0M
Q1 23
$376.5M
Q4 22
$432.6M
Stockholders' Equity
IMVT
IMVT
LGCL
LGCL
Q2 25
$6.3M
Q2 24
$5.3M
Q1 24
$617.8M
Q4 23
$679.3M
Q3 23
$251.8M
Q2 23
$299.9M
Q1 23
$362.5M
Q4 22
$414.7M
Total Assets
IMVT
IMVT
LGCL
LGCL
Q2 25
$8.8M
Q2 24
$7.8M
Q1 24
$666.4M
Q4 23
$711.4M
Q3 23
$292.1M
Q2 23
$351.2M
Q1 23
$405.8M
Q4 22
$456.2M

Cash Flow & Capital Efficiency

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

Metric
IMVT
IMVT
LGCL
LGCL
Operating Cash FlowLast quarter
$-59.7M
Free Cash FlowOCF − Capex
$-59.8M
FCF MarginFCF / Revenue
-714.4%
Capex IntensityCapex / Revenue
1.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-214.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IMVT
IMVT
LGCL
LGCL
Q2 25
Q2 24
Q1 24
$-59.7M
Q4 23
$-47.1M
Q3 23
$-60.1M
Q2 23
$-47.4M
Q1 23
$-55.8M
Q4 22
$-46.4M
Free Cash Flow
IMVT
IMVT
LGCL
LGCL
Q2 25
Q2 24
Q1 24
$-59.8M
Q4 23
$-47.2M
Q3 23
$-60.1M
Q2 23
$-47.4M
Q1 23
$-55.8M
Q4 22
$-46.5M
FCF Margin
IMVT
IMVT
LGCL
LGCL
Q2 25
Q2 24
Q1 24
-714.4%
Q4 23
-528.7%
Q3 23
-1682.4%
Q2 23
-1166.4%
Q1 23
-1604.0%
Q4 22
-1579.2%
Capex Intensity
IMVT
IMVT
LGCL
LGCL
Q2 25
Q2 24
Q1 24
1.8%
Q4 23
1.5%
Q3 23
1.0%
Q2 23
1.1%
Q1 23
0.7%
Q4 22
3.3%

Financial Flow Comparison

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

Revenue Breakdown by Segment

IMVT
IMVT

Segment breakdown not available.

LGCL
LGCL

Recruitment service$4.4M60%
Others$2.9M39%

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