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Side-by-side financial comparison of Immunovant, Inc. (IMVT) and MIND CTI LTD (MNDO). Click either name above to swap in a different company.

Immunovant, Inc. is the larger business by last-quarter revenue ($8.4M vs $4.9M, roughly 1.7× MIND CTI LTD). MIND CTI LTD runs the higher net margin — 19.4% vs -899.0%, a 918.5% gap on every dollar of revenue. MIND CTI LTD produced more free cash flow last quarter ($4.0M vs $-59.8M).

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.

MIND CTI Ltd. is a global provider of billing and customer care solutions and messaging services for voice, data, video and content services. Headquartered in Yokneam, Israel; the company also has offices in the United States of America, Iaşi in Romania and in Germany.

IMVT vs MNDO — Head-to-Head

Bigger by revenue
IMVT
IMVT
1.7× larger
IMVT
$8.4M
$4.9M
MNDO
Higher net margin
MNDO
MNDO
918.5% more per $
MNDO
19.4%
-899.0%
IMVT
More free cash flow
MNDO
MNDO
$63.8M more FCF
MNDO
$4.0M
$-59.8M
IMVT

Income Statement — Q4 FY2024 vs Q4 FY2025

Metric
IMVT
IMVT
MNDO
MNDO
Revenue
$8.4M
$4.9M
Net Profit
$-75.3M
$950.0K
Gross Margin
55.4%
Operating Margin
-896.2%
16.5%
Net Margin
-899.0%
19.4%
Revenue YoY
140.7%
Net Profit YoY
-26.7%
EPS (diluted)
$-0.50
$0.05

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
MNDO
MNDO
Q4 25
$4.9M
Q3 25
$16.2M
Q2 25
$11.0M
Q4 24
$5.2M
Q3 24
$16.0M
Q2 24
$10.7M
Q1 24
$8.4M
Q4 23
$8.9M
$5.6M
Net Profit
IMVT
IMVT
MNDO
MNDO
Q4 25
$950.0K
Q3 25
$3.4M
Q2 25
$2.5M
Q4 24
$1.2M
Q3 24
$3.7M
Q2 24
$2.5M
Q1 24
$-75.3M
Q4 23
$-51.4M
$1.4M
Gross Margin
IMVT
IMVT
MNDO
MNDO
Q4 25
55.4%
Q3 25
48.3%
Q2 25
50.6%
Q4 24
55.6%
Q3 24
50.6%
Q2 24
50.4%
Q1 24
Q4 23
49.5%
Operating Margin
IMVT
IMVT
MNDO
MNDO
Q4 25
16.5%
Q3 25
18.8%
Q2 25
21.0%
Q4 24
25.4%
Q3 24
22.5%
Q2 24
22.2%
Q1 24
-896.2%
Q4 23
-576.8%
20.6%
Net Margin
IMVT
IMVT
MNDO
MNDO
Q4 25
19.4%
Q3 25
20.9%
Q2 25
22.3%
Q4 24
23.8%
Q3 24
23.3%
Q2 24
23.1%
Q1 24
-899.0%
Q4 23
-575.6%
25.6%
EPS (diluted)
IMVT
IMVT
MNDO
MNDO
Q4 25
$0.05
Q3 25
$0.16
Q2 25
$0.12
Q4 24
$0.06
Q3 24
$0.18
Q2 24
$0.12
Q1 24
$-0.50
Q4 23
$-0.36
$0.06

Balance Sheet & Financial Strength

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

Metric
IMVT
IMVT
MNDO
MNDO
Cash + ST InvestmentsLiquidity on hand
$635.4M
$8.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$617.8M
$23.0M
Total Assets
$666.4M
$30.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IMVT
IMVT
MNDO
MNDO
Q4 25
$8.3M
Q3 25
$4.5M
Q2 25
$4.5M
Q4 24
$4.6M
Q3 24
$3.0M
Q2 24
$3.0M
Q1 24
$635.4M
Q4 23
$690.9M
$16.4M
Stockholders' Equity
IMVT
IMVT
MNDO
MNDO
Q4 25
$23.0M
Q3 25
$24.3M
Q2 25
$24.3M
Q4 24
$24.3M
Q3 24
$24.5M
Q2 24
$24.5M
Q1 24
$617.8M
Q4 23
$679.3M
$24.5M
Total Assets
IMVT
IMVT
MNDO
MNDO
Q4 25
$30.2M
Q3 25
$30.7M
Q2 25
$30.7M
Q4 24
$30.7M
Q3 24
$31.6M
Q2 24
$31.6M
Q1 24
$666.4M
Q4 23
$711.4M
$31.6M

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
MNDO
MNDO
Operating Cash FlowLast quarter
$-59.7M
$4.0M
Free Cash FlowOCF − Capex
$-59.8M
$4.0M
FCF MarginFCF / Revenue
-714.4%
81.0%
Capex IntensityCapex / Revenue
1.8%
0.6%
Cash ConversionOCF / Net Profit
4.20×
TTM Free Cash FlowTrailing 4 quarters
$-214.6M
$14.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IMVT
IMVT
MNDO
MNDO
Q4 25
$4.0M
Q3 25
$3.8M
Q2 25
$2.9M
Q4 24
$4.1M
Q3 24
$3.4M
Q2 24
$2.4M
Q1 24
$-59.7M
Q4 23
$-47.1M
$4.1M
Free Cash Flow
IMVT
IMVT
MNDO
MNDO
Q4 25
$4.0M
Q3 25
$3.8M
Q2 25
$2.9M
Q4 24
$4.1M
Q3 24
$3.3M
Q2 24
$2.4M
Q1 24
$-59.8M
Q4 23
$-47.2M
$4.0M
FCF Margin
IMVT
IMVT
MNDO
MNDO
Q4 25
81.0%
Q3 25
23.4%
Q2 25
25.8%
Q4 24
78.9%
Q3 24
20.8%
Q2 24
22.1%
Q1 24
-714.4%
Q4 23
-528.7%
72.0%
Capex Intensity
IMVT
IMVT
MNDO
MNDO
Q4 25
0.6%
Q3 25
0.0%
Q2 25
0.0%
Q4 24
0.2%
Q3 24
0.3%
Q2 24
0.4%
Q1 24
1.8%
Q4 23
1.5%
1.1%
Cash Conversion
IMVT
IMVT
MNDO
MNDO
Q4 25
4.20×
Q3 25
1.12×
Q2 25
1.16×
Q4 24
3.32×
Q3 24
0.91×
Q2 24
0.97×
Q1 24
Q4 23
2.86×

Financial Flow Comparison

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

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