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Side-by-side financial comparison of PicoCELA Inc. (PCLA) and SILVERCORP METALS INC (SVM). Click either name above to swap in a different company.

PicoCELA Inc. is the larger business by last-quarter revenue ($252.6M vs $223.8M, roughly 1.1× SILVERCORP METALS INC). SILVERCORP METALS INC runs the higher net margin — -1.3% vs -125.2%, a 123.9% 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.

Silvercorp Metals Inc. (Silvercorp) is a Canadian-based, China-focused precious metals company engaged in the acquisition, exploration, and development of silver-containing properties.

PCLA vs SVM — Head-to-Head

Bigger by revenue
PCLA
PCLA
1.1× larger
PCLA
$252.6M
$223.8M
SVM
Higher net margin
SVM
SVM
123.9% more per $
SVM
-1.3%
-125.2%
PCLA

Income Statement — Q2 FY2025 vs Q3 FY2026

Metric
PCLA
PCLA
SVM
SVM
Revenue
$252.6M
$223.8M
Net Profit
$-316.2M
$-2.9M
Gross Margin
Operating Margin
-114.8%
Net Margin
-125.2%
-1.3%
Revenue YoY
Net Profit YoY
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
SVM
SVM
Q4 25
$223.8M
Q2 25
$72.2M
Q1 25
$252.6M
Q4 24
$172.5M
Q3 24
$114.0M
Q2 24
$60.0M
Q4 23
$174.0M
Q3 23
$115.3M
Net Profit
PCLA
PCLA
SVM
SVM
Q4 25
$-2.9M
Q2 25
$28.1M
Q1 25
$-316.2M
Q4 24
$42.1M
Q3 24
$28.0M
Q2 24
$13.2M
Q4 23
$18.8M
Q3 23
$3.9M
Operating Margin
PCLA
PCLA
SVM
SVM
Q4 25
Q2 25
Q1 25
-114.8%
Q4 24
30.5%
Q3 24
30.7%
Q2 24
30.0%
Q4 23
16.8%
Q3 23
10.4%
Net Margin
PCLA
PCLA
SVM
SVM
Q4 25
-1.3%
Q2 25
39.0%
Q1 25
-125.2%
Q4 24
24.4%
Q3 24
24.5%
Q2 24
22.0%
Q4 23
10.8%
Q3 23
3.4%
EPS (diluted)
PCLA
PCLA
SVM
SVM
Q4 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q4 23
$0.11
Q3 23

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PCLA
PCLA
SVM
SVM
Q4 25
Q2 25
Q1 25
$456.8M
Q4 24
Q3 24
Q2 24
Q4 23
Q3 23
Stockholders' Equity
PCLA
PCLA
SVM
SVM
Q4 25
Q2 25
Q1 25
$354.8M
Q4 24
Q3 24
Q2 24
Q4 23
Q3 23
Total Assets
PCLA
PCLA
SVM
SVM
Q4 25
Q2 25
Q1 25
$1.2B
Q4 24
Q3 24
Q2 24
Q4 23
Q3 23

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
SVM
SVM
Operating Cash FlowLast quarter
$-245.6M
$107.9M
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.

Operating Cash Flow
PCLA
PCLA
SVM
SVM
Q4 25
$107.9M
Q2 25
$40.0M
Q1 25
$-245.6M
Q4 24
$81.3M
Q3 24
$57.7M
Q2 24
$28.9M
Q4 23
$79.9M
Q3 23
$54.2M
Free Cash Flow
PCLA
PCLA
SVM
SVM
Q4 25
Q2 25
Q1 25
$-256.6M
Q4 24
Q3 24
$33.8M
Q2 24
$17.0M
Q4 23
$45.7M
Q3 23
$31.5M
FCF Margin
PCLA
PCLA
SVM
SVM
Q4 25
Q2 25
Q1 25
-101.6%
Q4 24
Q3 24
29.6%
Q2 24
28.3%
Q4 23
26.2%
Q3 23
27.3%
Capex Intensity
PCLA
PCLA
SVM
SVM
Q4 25
Q2 25
Q1 25
4.3%
Q4 24
Q3 24
21.0%
Q2 24
19.8%
Q4 23
19.7%
Q3 23
19.7%
Cash Conversion
PCLA
PCLA
SVM
SVM
Q4 25
Q2 25
1.42×
Q1 25
Q4 24
1.93×
Q3 24
2.06×
Q2 24
2.19×
Q4 23
4.25×
Q3 23
13.97×

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%

SVM
SVM

Segment breakdown not available.

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