vs

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

Immunovant, Inc. is the larger business by last-quarter revenue ($8.4M vs $6.6M, roughly 1.3× TH International Ltd). TH International Ltd runs the higher net margin — -41.2% vs -899.0%, a 857.8% 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.

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.

IMVT vs THCH — Head-to-Head

Bigger by revenue
IMVT
IMVT
1.3× larger
IMVT
$8.4M
$6.6M
THCH
Higher net margin
THCH
THCH
857.8% more per $
THCH
-41.2%
-899.0%
IMVT

Income Statement — Q4 FY2024 vs Q1 FY2024

Metric
IMVT
IMVT
THCH
THCH
Revenue
$8.4M
$6.6M
Net Profit
$-75.3M
$-2.7M
Gross Margin
Operating Margin
-896.2%
-37.3%
Net Margin
-899.0%
-41.2%
Revenue YoY
140.7%
Net Profit YoY
-26.7%
EPS (diluted)
$-0.50

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
THCH
THCH
Q1 24
$8.4M
$6.6M
Q4 23
$8.9M
Q3 23
$3.6M
Q2 23
$4.1M
Q1 23
$3.5M
Q4 22
$2.9M
Q3 22
$1.2M
Q2 22
$0
Net Profit
IMVT
IMVT
THCH
THCH
Q1 24
$-75.3M
$-2.7M
Q4 23
$-51.4M
Q3 23
$-58.7M
Q2 23
$-73.9M
Q1 23
$-59.4M
Q4 22
$-63.2M
Q3 22
$-47.9M
Q2 22
$-40.4M
Operating Margin
IMVT
IMVT
THCH
THCH
Q1 24
-896.2%
-37.3%
Q4 23
-576.8%
Q3 23
-1629.6%
Q2 23
-1819.1%
Q1 23
-1736.3%
Q4 22
-2134.5%
Q3 22
-4130.6%
Q2 22
Net Margin
IMVT
IMVT
THCH
THCH
Q1 24
-899.0%
-41.2%
Q4 23
-575.6%
Q3 23
-1642.3%
Q2 23
-1818.9%
Q1 23
-1707.8%
Q4 22
-2147.7%
Q3 22
-4153.2%
Q2 22
EPS (diluted)
IMVT
IMVT
THCH
THCH
Q1 24
$-0.50
Q4 23
$-0.36
Q3 23
$-0.45
Q2 23
$-0.57
Q1 23
$-0.46
Q4 22
$-0.49
Q3 22
$-0.41
Q2 22
$-0.35

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IMVT
IMVT
THCH
THCH
Q1 24
$635.4M
Q4 23
$690.9M
Q3 23
$269.9M
Q2 23
$330.0M
Q1 23
$376.5M
Q4 22
$432.6M
Q3 22
$405.8M
Q2 22
$427.2M
Stockholders' Equity
IMVT
IMVT
THCH
THCH
Q1 24
$617.8M
Q4 23
$679.3M
Q3 23
$251.8M
Q2 23
$299.9M
Q1 23
$362.5M
Q4 22
$414.7M
Q3 22
$395.7M
Q2 22
$436.5M
Total Assets
IMVT
IMVT
THCH
THCH
Q1 24
$666.4M
Q4 23
$711.4M
Q3 23
$292.1M
Q2 23
$351.2M
Q1 23
$405.8M
Q4 22
$456.2M
Q3 22
$428.1M
Q2 22
$458.7M

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
THCH
THCH
Operating Cash FlowLast quarter
$-59.7M
$-511
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
THCH
THCH
Q1 24
$-59.7M
$-511
Q4 23
$-47.1M
Q3 23
$-60.1M
Q2 23
$-47.4M
Q1 23
$-55.8M
Q4 22
$-46.4M
Q3 22
$-20.2M
Q2 22
$-65.8M
Free Cash Flow
IMVT
IMVT
THCH
THCH
Q1 24
$-59.8M
Q4 23
$-47.2M
Q3 23
$-60.1M
Q2 23
$-47.4M
Q1 23
$-55.8M
Q4 22
$-46.5M
Q3 22
$-20.2M
Q2 22
$-65.9M
FCF Margin
IMVT
IMVT
THCH
THCH
Q1 24
-714.4%
Q4 23
-528.7%
Q3 23
-1682.4%
Q2 23
-1166.4%
Q1 23
-1604.0%
Q4 22
-1579.2%
Q3 22
-1751.9%
Q2 22
Capex Intensity
IMVT
IMVT
THCH
THCH
Q1 24
1.8%
Q4 23
1.5%
Q3 23
1.0%
Q2 23
1.1%
Q1 23
0.7%
Q4 22
3.3%
Q3 22
2.7%
Q2 22

Financial Flow Comparison

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

Related Comparisons