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Side-by-side financial comparison of PicoCELA Inc. (PCLA) and Sezzle Inc. (SEZL). Click either name above to swap in a different company.
PicoCELA Inc. is the larger business by last-quarter revenue ($252.6M vs $135.5M, roughly 1.9× Sezzle Inc.). Sezzle Inc. runs the higher net margin — 37.9% vs -125.2%, a 163.0% 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.
Sezzle is a publicly traded financial technology company headquartered in Minneapolis, U.S, with operations in the United States and Canada. The company provides an alternative payment platform offering interest-free installment plans at selected online stores. As of June 2021, the Sezzle platform had over 10 million user sign-ups and over 48,000 participating merchants.
PCLA vs SEZL — Head-to-Head
Income Statement — Q2 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $252.6M | $135.5M |
| Net Profit | $-316.2M | $51.3M |
| Gross Margin | — | — |
| Operating Margin | -114.8% | 50.9% |
| Net Margin | -125.2% | 37.9% |
| Revenue YoY | — | 29.2% |
| Net Profit YoY | — | 41.9% |
| 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.
| Q1 26 | — | $135.5M | ||
| Q4 25 | — | $78.2M | ||
| Q3 25 | — | $57.5M | ||
| Q2 25 | — | $52.0M | ||
| Q1 25 | $252.6M | $48.2M | ||
| Q4 24 | — | $48.4M | ||
| Q3 24 | — | $35.6M | ||
| Q2 24 | — | $30.2M |
| Q1 26 | — | $51.3M | ||
| Q4 25 | — | $42.7M | ||
| Q3 25 | — | $26.7M | ||
| Q2 25 | — | $27.6M | ||
| Q1 25 | $-316.2M | $36.2M | ||
| Q4 24 | — | $25.4M | ||
| Q3 24 | — | $15.4M | ||
| Q2 24 | — | $29.7M |
| Q1 26 | — | 50.9% | ||
| Q4 25 | — | 70.6% | ||
| Q3 25 | — | 61.9% | ||
| Q2 25 | — | 69.4% | ||
| Q1 25 | -114.8% | — | ||
| Q4 24 | — | 63.8% | ||
| Q3 24 | — | 58.6% | ||
| Q2 24 | — | 55.3% |
| Q1 26 | — | 37.9% | ||
| Q4 25 | — | 54.6% | ||
| Q3 25 | — | 46.4% | ||
| Q2 25 | — | 53.1% | ||
| Q1 25 | -125.2% | 75.1% | ||
| Q4 24 | — | 52.4% | ||
| Q3 24 | — | 43.4% | ||
| Q2 24 | — | 98.4% |
| Q1 26 | — | — | ||
| Q4 25 | — | $1.19 | ||
| Q3 25 | — | $0.75 | ||
| Q2 25 | — | $0.78 | ||
| Q1 25 | — | $1.00 | ||
| Q4 24 | — | $0.71 | ||
| Q3 24 | — | $0.44 | ||
| Q2 24 | — | $0.82 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $456.8M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $354.8M | $196.7M |
| Total Assets | $1.2B | $454.3M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $64.1M | ||
| Q3 25 | — | $104.1M | ||
| Q2 25 | — | $88.9M | ||
| Q1 25 | $456.8M | $88.9M | ||
| Q4 24 | — | $73.2M | ||
| Q3 24 | — | $80.1M | ||
| Q2 24 | — | $58.0M |
| Q1 26 | — | $196.7M | ||
| Q4 25 | — | $169.8M | ||
| Q3 25 | — | $155.3M | ||
| Q2 25 | — | $130.4M | ||
| Q1 25 | $354.8M | $125.8M | ||
| Q4 24 | — | $87.8M | ||
| Q3 24 | — | $61.1M | ||
| Q2 24 | — | $50.3M |
| Q1 26 | — | $454.3M | ||
| Q4 25 | — | $400.2M | ||
| Q3 25 | — | $367.0M | ||
| Q2 25 | — | $350.6M | ||
| Q1 25 | $1.2B | $298.1M | ||
| Q4 24 | — | $298.4M | ||
| Q3 24 | — | $252.9M | ||
| Q2 24 | — | $212.1M |
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 | $-245.6M | — |
| Free Cash FlowOCF − Capex | $-256.6M | — |
| FCF MarginFCF / Revenue | -101.6% | — |
| Capex IntensityCapex / Revenue | 4.3% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $70.6M | ||
| Q3 25 | — | $63.7M | ||
| Q2 25 | — | $23.1M | ||
| Q1 25 | $-245.6M | $52.5M | ||
| Q4 24 | — | $57.4M | ||
| Q3 24 | — | $35.1M | ||
| Q2 24 | — | $22.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | $70.6M | ||
| Q3 25 | — | $63.6M | ||
| Q2 25 | — | $22.7M | ||
| Q1 25 | $-256.6M | $52.5M | ||
| Q4 24 | — | $57.4M | ||
| Q3 24 | — | $35.1M | ||
| Q2 24 | — | $22.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | 90.2% | ||
| Q3 25 | — | 110.6% | ||
| Q2 25 | — | 43.6% | ||
| Q1 25 | -101.6% | 108.9% | ||
| Q4 24 | — | 118.5% | ||
| Q3 24 | — | 98.6% | ||
| Q2 24 | — | 73.4% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | 0.8% | ||
| Q1 25 | 4.3% | 0.1% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | 0.1% |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.65× | ||
| Q3 25 | — | 2.39× | ||
| Q2 25 | — | 0.84× | ||
| Q1 25 | — | 1.45× | ||
| Q4 24 | — | 2.26× | ||
| Q3 24 | — | 2.27× | ||
| Q2 24 | — | 0.75× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PCLA
| Revenue from product | $179.1M | 71% |
| Revenue from SaaS, Maintenance and others | $42.4M | 17% |
| Revenue from product – related party | $31.0M | 12% |
SEZL
Segment breakdown not available.
