vs

Side-by-side financial comparison of MOGU Inc. (MOGU) and Sol-Gel Technologies Ltd. (SLGL). Click either name above to swap in a different company.

MOGU Inc. is the larger business by last-quarter revenue ($19.5M vs $17.3M, roughly 1.1× Sol-Gel Technologies Ltd.). Sol-Gel Technologies Ltd. runs the higher net margin — 67.3% vs -44.3%, a 111.6% gap on every dollar of revenue. On growth, Sol-Gel Technologies Ltd. posted the faster year-over-year revenue change (217.7% vs -12.4%).

Mogu Mogu is a brand of fruit-flavoured drink with pieces of nata de coco, produced by Thailand-based Sappe Public Company Limited and exported to many international markets, especially South Korea, the Philippines, Indonesia and France.

Sol-Gel Technologies Ltd. is a specialty biopharmaceutical company focused on developing and commercializing innovative dermatology treatments. Leveraging its proprietary sol-gel delivery technology, it creates topical therapies for common skin conditions including acne, rosacea and atopic dermatitis, with primary markets across North America and Europe, partnering with established healthcare firms to expand product reach.

MOGU vs SLGL — Head-to-Head

Bigger by revenue
MOGU
MOGU
1.1× larger
MOGU
$19.5M
$17.3M
SLGL
Growing faster (revenue YoY)
SLGL
SLGL
+230.1% gap
SLGL
217.7%
-12.4%
MOGU
Higher net margin
SLGL
SLGL
111.6% more per $
SLGL
67.3%
-44.3%
MOGU

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
MOGU
MOGU
SLGL
SLGL
Revenue
$19.5M
$17.3M
Net Profit
$-8.6M
$11.6M
Gross Margin
0.0%
Operating Margin
-71.6%
65.1%
Net Margin
-44.3%
67.3%
Revenue YoY
-12.4%
217.7%
Net Profit YoY
-5.0%
487.6%
EPS (diluted)
$0.00
$4.17

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
MOGU
MOGU
SLGL
SLGL
Q2 25
$17.3M
Q1 25
$19.5M
Q2 24
$5.4M
Q1 24
$22.2M
Q2 23
$594.0K
Q2 22
$3.5M
Net Profit
MOGU
MOGU
SLGL
SLGL
Q2 25
$11.6M
Q1 25
$-8.6M
Q2 24
$2.0M
Q1 24
$-8.2M
Q2 23
$-6.0M
Q2 22
$-134.0K
Gross Margin
MOGU
MOGU
SLGL
SLGL
Q2 25
Q1 25
0.0%
Q2 24
Q1 24
0.0%
Q2 23
Q2 22
Operating Margin
MOGU
MOGU
SLGL
SLGL
Q2 25
65.1%
Q1 25
-71.6%
Q2 24
29.9%
Q1 24
-49.4%
Q2 23
-1098.8%
Q2 22
-13.2%
Net Margin
MOGU
MOGU
SLGL
SLGL
Q2 25
67.3%
Q1 25
-44.3%
Q2 24
36.4%
Q1 24
-37.0%
Q2 23
-1005.1%
Q2 22
-3.8%
EPS (diluted)
MOGU
MOGU
SLGL
SLGL
Q2 25
$4.17
Q1 25
$0.00
Q2 24
$0.71
Q1 24
$0.00
Q2 23
$-0.22
Q2 22
$0.01

Balance Sheet & Financial Strength

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

Metric
MOGU
MOGU
SLGL
SLGL
Cash + ST InvestmentsLiquidity on hand
$52.3M
$24.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$70.1M
$31.9M
Total Assets
$118.3M
$39.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MOGU
MOGU
SLGL
SLGL
Q2 25
$24.3M
Q1 25
$52.3M
Q2 24
$26.5M
Q1 24
$58.2M
Q2 23
$33.5M
Q2 22
$15.6M
Stockholders' Equity
MOGU
MOGU
SLGL
SLGL
Q2 25
$31.9M
Q1 25
$70.1M
Q2 24
$34.9M
Q1 24
$81.5M
Q2 23
$48.3M
Q2 22
$50.4M
Total Assets
MOGU
MOGU
SLGL
SLGL
Q2 25
$39.3M
Q1 25
$118.3M
Q2 24
$42.0M
Q1 24
$130.0M
Q2 23
$55.1M
Q2 22
$55.0M

Cash Flow & Capital Efficiency

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

Metric
MOGU
MOGU
SLGL
SLGL
Operating Cash FlowLast quarter
$-9.4M
Free Cash FlowOCF − Capex
$-10.7M
FCF MarginFCF / Revenue
-55.2%
Capex IntensityCapex / Revenue
7.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MOGU
MOGU
SLGL
SLGL
Q2 25
Q1 25
$-9.4M
Q2 24
Q1 24
$-5.6M
Q2 23
$-8.3M
Q2 22
Free Cash Flow
MOGU
MOGU
SLGL
SLGL
Q2 25
Q1 25
$-10.7M
Q2 24
Q1 24
$-18.6M
Q2 23
$-8.4M
Q2 22
FCF Margin
MOGU
MOGU
SLGL
SLGL
Q2 25
Q1 25
-55.2%
Q2 24
Q1 24
-84.0%
Q2 23
-1419.0%
Q2 22
Capex Intensity
MOGU
MOGU
SLGL
SLGL
Q2 25
Q1 25
7.1%
Q2 24
Q1 24
58.7%
Q2 23
15.8%
Q2 22

Financial Flow Comparison

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

Related Comparisons