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Side-by-side financial comparison of Protalix BioTherapeutics, Inc. (PLX) and SurgePays, Inc. (SURG). Click either name above to swap in a different company.
SurgePays, Inc. is the larger business by last-quarter revenue ($16.2M vs $9.1M, roughly 1.8× Protalix BioTherapeutics, Inc.). Protalix BioTherapeutics, Inc. runs the higher net margin — -60.3% vs -85.6%, a 25.3% gap on every dollar of revenue. On growth, SurgePays, Inc. posted the faster year-over-year revenue change (68.7% vs -49.9%). Over the past eight quarters, Protalix BioTherapeutics, Inc.'s revenue compounded faster (-6.7% CAGR vs -28.2%).
Protalix BioTherapeutics is an Israeli pharmaceutical company that manufactures a plant-based enzyme, taliglucerase alfa, which has received U.S. Food and Drug Administration approval for the treatment of Gaucher disease.
SurgePays, Inc. is a U.S.-headquartered fintech and telecommunications company focused on serving underbanked and low-income communities across the country. It offers prepaid wireless plans, reloadable debit cards, digital banking solutions, and daily consumer products through a nationwide network of independent local retail partners such as convenience stores.
PLX vs SURG — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $9.1M | $16.2M |
| Net Profit | $-5.5M | $-13.9M |
| Gross Margin | 49.4% | -14.8% |
| Operating Margin | -51.1% | -79.1% |
| Net Margin | -60.3% | -85.6% |
| Revenue YoY | -49.9% | 68.7% |
| Net Profit YoY | -184.8% | 30.0% |
| EPS (diluted) | $-0.06 | $-0.68 |
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 | $9.1M | $16.2M | ||
| Q3 25 | $17.9M | $18.7M | ||
| Q2 25 | $15.7M | $11.5M | ||
| Q1 25 | $10.1M | $10.6M | ||
| Q4 24 | $18.2M | $9.6M | ||
| Q3 24 | $18.0M | $4.8M | ||
| Q2 24 | $13.5M | $15.1M | ||
| Q1 24 | — | $31.4M |
| Q4 25 | $-5.5M | $-13.9M | ||
| Q3 25 | $2.4M | $-7.5M | ||
| Q2 25 | $164.0K | $-7.1M | ||
| Q1 25 | $-3.6M | $-7.6M | ||
| Q4 24 | $6.5M | $-19.8M | ||
| Q3 24 | $3.2M | $-14.3M | ||
| Q2 24 | $-2.2M | $-12.9M | ||
| Q1 24 | — | $1.2M |
| Q4 25 | 49.4% | -14.8% | ||
| Q3 25 | 53.4% | -13.9% | ||
| Q2 25 | 62.5% | -23.0% | ||
| Q1 25 | 19.1% | -27.8% | ||
| Q4 24 | 78.7% | -117.0% | ||
| Q3 24 | 53.4% | -164.2% | ||
| Q2 24 | 29.8% | -22.8% | ||
| Q1 24 | — | 26.0% |
| Q4 25 | -51.1% | -79.1% | ||
| Q3 25 | 11.9% | -37.2% | ||
| Q2 25 | 7.5% | -59.1% | ||
| Q1 25 | -41.0% | -71.7% | ||
| Q4 24 | 39.6% | -209.0% | ||
| Q3 24 | 22.2% | -299.4% | ||
| Q2 24 | -18.0% | -72.1% | ||
| Q1 24 | — | 5.6% |
| Q4 25 | -60.3% | -85.6% | ||
| Q3 25 | 13.2% | -40.1% | ||
| Q2 25 | 1.0% | -61.5% | ||
| Q1 25 | -35.8% | -72.2% | ||
| Q4 24 | 35.6% | -206.5% | ||
| Q3 24 | 18.0% | -299.3% | ||
| Q2 24 | -16.4% | -85.3% | ||
| Q1 24 | — | 3.9% |
| Q4 25 | $-0.06 | $-0.68 | ||
| Q3 25 | $0.03 | $-0.38 | ||
| Q2 25 | $0.00 | $-0.36 | ||
| Q1 25 | $-0.05 | $-0.38 | ||
| Q4 24 | $0.10 | $-1.07 | ||
| Q3 24 | $0.03 | $-0.73 | ||
| Q2 24 | $-0.03 | $-0.66 | ||
| Q1 24 | — | $0.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $14.7M | $1.7M |
| Total DebtLower is stronger | — | $13.3M |
| Stockholders' EquityBook value | $48.2M | $-15.3M |
| Total Assets | $82.3M | $8.5M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $14.7M | $1.7M | ||
| Q3 25 | $13.6M | $2.5M | ||
| Q2 25 | $17.9M | $4.4M | ||
| Q1 25 | $19.5M | $5.4M | ||
| Q4 24 | $19.8M | $11.8M | ||
| Q3 24 | $27.4M | $23.7M | ||
| Q2 24 | $23.4M | — | ||
| Q1 24 | — | — |
| Q4 25 | — | $13.3M | ||
| Q3 25 | — | $12.0M | ||
| Q2 25 | — | $9.6M | ||
| Q1 25 | — | $3.6M | ||
| Q4 24 | — | $4.0M | ||
| Q3 24 | — | $4.4M | ||
| Q2 24 | — | $4.8M | ||
| Q1 24 | — | $5.2M |
| Q4 25 | $48.2M | $-15.3M | ||
| Q3 25 | $52.9M | $-6.4M | ||
| Q2 25 | $49.9M | $116.1K | ||
| Q1 25 | $45.2M | $7.8M | ||
| Q4 24 | $43.2M | $15.3M | ||
| Q3 24 | $32.4M | $33.2M | ||
| Q2 24 | $28.6M | $46.2M | ||
| Q1 24 | — | $56.0M |
| Q4 25 | $82.3M | $8.5M | ||
| Q3 25 | $82.3M | $14.5M | ||
| Q2 25 | $78.5M | $15.2M | ||
| Q1 25 | $73.9M | $15.7M | ||
| Q4 24 | $73.4M | $24.0M | ||
| Q3 24 | $61.6M | $41.5M | ||
| Q2 24 | $91.5M | $56.4M | ||
| Q1 24 | — | $69.6M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 82.67× | ||
| Q1 25 | — | 0.46× | ||
| Q4 24 | — | 0.26× | ||
| Q3 24 | — | 0.13× | ||
| Q2 24 | — | 0.10× | ||
| Q1 24 | — | 0.09× |
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 | $2.0M | $-3.6M |
| Free Cash FlowOCF − Capex | $1.6M | — |
| FCF MarginFCF / Revenue | 17.8% | — |
| Capex IntensityCapex / Revenue | 4.4% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-13.6M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.0M | $-3.6M | ||
| Q3 25 | $-3.7M | $-4.6M | ||
| Q2 25 | $-5.2M | $-6.1M | ||
| Q1 25 | $-5.1M | $-7.0M | ||
| Q4 24 | $4.0M | $-7.9M | ||
| Q3 24 | $4.1M | $-13.3M | ||
| Q2 24 | $-3.6M | $-4.1M | ||
| Q1 24 | — | $4.0M |
| Q4 25 | $1.6M | — | ||
| Q3 25 | $-4.2M | — | ||
| Q2 25 | $-5.7M | — | ||
| Q1 25 | $-5.4M | — | ||
| Q4 24 | $3.6M | — | ||
| Q3 24 | $4.0M | — | ||
| Q2 24 | $-3.8M | — | ||
| Q1 24 | — | — |
| Q4 25 | 17.8% | — | ||
| Q3 25 | -23.7% | — | ||
| Q2 25 | -36.2% | — | ||
| Q1 25 | -53.0% | — | ||
| Q4 24 | 19.6% | — | ||
| Q3 24 | 22.4% | — | ||
| Q2 24 | -28.1% | — | ||
| Q1 24 | — | — |
| Q4 25 | 4.4% | — | ||
| Q3 25 | 2.8% | — | ||
| Q2 25 | 2.8% | — | ||
| Q1 25 | 3.0% | — | ||
| Q4 24 | 2.3% | — | ||
| Q3 24 | 0.5% | — | ||
| Q2 24 | 1.3% | — | ||
| Q1 24 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | -1.58× | — | ||
| Q2 25 | -31.91× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.61× | — | ||
| Q3 24 | 1.27× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 3.30× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PLX
| Products | $8.7M | 95% |
| Other | $428.0K | 5% |
SURG
Segment breakdown not available.
