vs

Side-by-side financial comparison of PicoCELA Inc. (PCLA) and Regency Centers (REG). Click either name above to swap in a different company.

Regency Centers is the larger business by last-quarter revenue ($404.2M vs $252.6M, roughly 1.6× PicoCELA Inc.). Regency Centers runs the higher net margin — 50.1% vs -125.2%, a 175.3% gap on every dollar of revenue.

PicoCELA Inc. is a global technology company specializing in low-power, high-reliability wireless connectivity solutions, including Wi-Fi HaLow modules and edge network infrastructure. It caters to industrial IoT, smart city, retail, and smart home segments, with a primary operational footprint across Asia, North America, and European markets.

Regency Centers Corporation is a real estate investment trust based in Jacksonville, Florida, and is one of the largest operators of shopping centers with grocery stores as anchor tenants. As of October 21, 2020, the company owned 415 properties comprising 56-million-square feet of space. Notable properties owned by the company include Serramonte Center and a 30% interest in Village District.

PCLA vs REG — Head-to-Head

Bigger by revenue
REG
REG
1.6× larger
REG
$404.2M
$252.6M
PCLA
Higher net margin
REG
REG
175.3% more per $
REG
50.1%
-125.2%
PCLA

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
PCLA
PCLA
REG
REG
Revenue
$252.6M
$404.2M
Net Profit
$-316.2M
$202.5M
Gross Margin
Operating Margin
-114.8%
71.0%
Net Margin
-125.2%
50.1%
Revenue YoY
8.5%
Net Profit YoY
134.1%
EPS (diluted)

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
PCLA
PCLA
REG
REG
Q4 25
$404.2M
Q3 25
$387.6M
Q2 25
$380.8M
Q1 25
$252.6M
$380.9M
Q4 24
$372.5M
Q3 24
$360.3M
Q2 24
$357.3M
Q1 24
$363.9M
Net Profit
PCLA
PCLA
REG
REG
Q4 25
$202.5M
Q3 25
$109.4M
Q2 25
$106.0M
Q1 25
$-316.2M
$109.6M
Q4 24
$86.5M
Q3 24
$101.5M
Q2 24
$102.7M
Q1 24
$109.8M
Operating Margin
PCLA
PCLA
REG
REG
Q4 25
71.0%
Q3 25
72.7%
Q2 25
73.8%
Q1 25
-114.8%
71.8%
Q4 24
71.1%
Q3 24
72.5%
Q2 24
72.3%
Q1 24
72.3%
Net Margin
PCLA
PCLA
REG
REG
Q4 25
50.1%
Q3 25
28.2%
Q2 25
27.8%
Q1 25
-125.2%
28.8%
Q4 24
23.2%
Q3 24
28.2%
Q2 24
28.7%
Q1 24
30.2%

Balance Sheet & Financial Strength

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

Metric
PCLA
PCLA
REG
REG
Cash + ST InvestmentsLiquidity on hand
$456.8M
Total DebtLower is stronger
$4.7B
Stockholders' EquityBook value
$354.8M
$6.9B
Total Assets
$1.2B
$13.0B
Debt / EquityLower = less leverage
0.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PCLA
PCLA
REG
REG
Q4 25
Q3 25
Q2 25
Q1 25
$456.8M
Q4 24
Q3 24
Q2 24
Q1 24
Total Debt
PCLA
PCLA
REG
REG
Q4 25
$4.7B
Q3 25
$4.9B
Q2 25
$4.8B
Q1 25
$4.6B
Q4 24
$4.4B
Q3 24
$4.4B
Q2 24
$4.4B
Q1 24
$4.4B
Stockholders' Equity
PCLA
PCLA
REG
REG
Q4 25
$6.9B
Q3 25
$6.8B
Q2 25
$6.7B
Q1 25
$354.8M
$6.7B
Q4 24
$6.7B
Q3 24
$6.8B
Q2 24
$6.8B
Q1 24
$7.0B
Total Assets
PCLA
PCLA
REG
REG
Q4 25
$13.0B
Q3 25
$13.1B
Q2 25
$12.7B
Q1 25
$1.2B
$12.6B
Q4 24
$12.4B
Q3 24
$12.4B
Q2 24
$12.4B
Q1 24
$12.7B
Debt / Equity
PCLA
PCLA
REG
REG
Q4 25
0.69×
Q3 25
0.72×
Q2 25
0.72×
Q1 25
0.69×
Q4 24
0.66×
Q3 24
0.65×
Q2 24
0.64×
Q1 24
0.63×

Cash Flow & Capital Efficiency

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

Metric
PCLA
PCLA
REG
REG
Operating Cash FlowLast quarter
$-245.6M
$203.9M
Free Cash FlowOCF − Capex
$-256.6M
FCF MarginFCF / Revenue
-101.6%
Capex IntensityCapex / Revenue
4.3%
Cash ConversionOCF / Net Profit
1.01×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PCLA
PCLA
REG
REG
Q4 25
$203.9M
Q3 25
$218.7M
Q2 25
$244.0M
Q1 25
$-245.6M
$161.0M
Q4 24
$191.4M
Q3 24
$227.6M
Q2 24
$203.5M
Q1 24
$167.8M
Free Cash Flow
PCLA
PCLA
REG
REG
Q4 25
Q3 25
Q2 25
Q1 25
$-256.6M
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
PCLA
PCLA
REG
REG
Q4 25
Q3 25
Q2 25
Q1 25
-101.6%
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
PCLA
PCLA
REG
REG
Q4 25
Q3 25
Q2 25
Q1 25
4.3%
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
PCLA
PCLA
REG
REG
Q4 25
1.01×
Q3 25
2.00×
Q2 25
2.30×
Q1 25
1.47×
Q4 24
2.21×
Q3 24
2.24×
Q2 24
1.98×
Q1 24
1.53×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PCLA
PCLA

Revenue from product$179.1M71%
Revenue from SaaS, Maintenance and others$42.4M17%
Revenue from product – related party$31.0M12%

REG
REG

Shopping Centers$418.0M103%
Propertymanagementservices$4.1M1%
Assetmanagementservices$1.7M0%

Related Comparisons