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Side-by-side financial comparison of Lucas GC Ltd (LGCL) and QT IMAGING HOLDINGS, INC. (QTI). Click either name above to swap in a different company.
QT IMAGING HOLDINGS, INC. is the larger business by last-quarter revenue ($8.3M vs $7.5M, roughly 1.1× Lucas GC Ltd). Lucas GC Ltd runs the higher net margin — 5.6% vs -16.8%, a 22.3% gap on every dollar of revenue.
QT Imaging Holdings, Inc. is a medical technology company that designs, manufactures and commercializes non-invasive medical imaging systems primarily for breast health diagnostics. It serves healthcare providers, clinics and medical institutions across key markets including North America, Europe and Asia-Pacific, focusing on improving the accuracy and accessibility of diagnostic imaging for patients.
LGCL vs QTI — Head-to-Head
Income Statement — Q2 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $7.5M | $8.3M |
| Net Profit | $414.1K | $-1.4M |
| Gross Margin | 33.7% | 38.0% |
| Operating Margin | 4.0% | -8.5% |
| Net Margin | 5.6% | -16.8% |
| Revenue YoY | — | 877.2% |
| Net Profit YoY | — | 60.2% |
| EPS (diluted) | $0.20 | $-1.00 |
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.
| Q4 25 | — | $8.3M | ||
| Q3 25 | — | $4.2M | ||
| Q2 25 | $7.5M | $3.7M | ||
| Q1 25 | — | $2.8M | ||
| Q2 24 | $11.5M | $1.7M | ||
| Q1 24 | — | $1.4M |
| Q4 25 | — | $-1.4M | ||
| Q3 25 | — | $-4.6M | ||
| Q2 25 | $414.1K | $-4.0M | ||
| Q1 25 | — | $-11.1M | ||
| Q2 24 | $1.0M | $-1.2M | ||
| Q1 24 | — | $-628.6K |
| Q4 25 | — | 38.0% | ||
| Q3 25 | — | 43.0% | ||
| Q2 25 | 33.7% | 49.9% | ||
| Q1 25 | — | 64.7% | ||
| Q2 24 | 33.5% | 51.0% | ||
| Q1 24 | — | 55.8% |
| Q4 25 | — | -8.5% | ||
| Q3 25 | — | -39.4% | ||
| Q2 25 | 4.0% | -28.5% | ||
| Q1 25 | — | -37.2% | ||
| Q2 24 | 8.8% | -129.5% | ||
| Q1 24 | — | -409.5% |
| Q4 25 | — | -16.8% | ||
| Q3 25 | — | -108.7% | ||
| Q2 25 | 5.6% | -109.3% | ||
| Q1 25 | — | -397.9% | ||
| Q2 24 | 8.9% | -72.9% | ||
| Q1 24 | — | -46.1% |
| Q4 25 | — | $-1.00 | ||
| Q3 25 | — | $-0.47 | ||
| Q2 25 | $0.20 | $-0.14 | ||
| Q1 25 | — | $-0.40 | ||
| Q2 24 | $0.01 | $-0.30 | ||
| Q1 24 | — | $-0.05 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $606.9K | $10.4M |
| Total DebtLower is stronger | — | $10.1M |
| Stockholders' EquityBook value | $6.3M | $6.4M |
| Total Assets | $8.8M | $23.0M |
| Debt / EquityLower = less leverage | — | 1.57× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $10.4M | ||
| Q3 25 | — | — | ||
| Q2 25 | $606.9K | — | ||
| Q1 25 | — | — | ||
| Q2 24 | $978.1K | — | ||
| Q1 24 | — | — |
| Q4 25 | — | $10.1M | ||
| Q3 25 | — | $15.1M | ||
| Q2 25 | — | $10.1M | ||
| Q1 25 | — | $10.2M | ||
| Q2 24 | — | $11.7M | ||
| Q1 24 | — | $11.7M |
| Q4 25 | — | $6.4M | ||
| Q3 25 | — | $-9.1M | ||
| Q2 25 | $6.3M | $-324.3K | ||
| Q1 25 | — | $-20.2M | ||
| Q2 24 | $5.3M | $-6.2M | ||
| Q1 24 | — | $-4.9M |
| Q4 25 | — | $23.0M | ||
| Q3 25 | — | $12.1M | ||
| Q2 25 | $8.8M | $11.6M | ||
| Q1 25 | — | $10.9M | ||
| Q2 24 | $7.8M | $10.8M | ||
| Q1 24 | — | $12.9M |
| Q4 25 | — | 1.57× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q2 24 | — | — | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $-3.1M |
| 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.
| Q4 25 | — | $-3.1M | ||
| Q3 25 | — | $-878.8K | ||
| Q2 25 | — | $-1.4M | ||
| Q1 25 | — | $-3.5M | ||
| Q2 24 | — | $-979.6K | ||
| Q1 24 | — | $-6.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.0% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LGCL
| Recruitment service | $4.4M | 60% |
| Others | $2.9M | 39% |
QTI
Segment breakdown not available.
