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Side-by-side financial comparison of POET TECHNOLOGIES INC. (POET) and SciSparc Ltd. (SPRC). Click either name above to swap in a different company.

SciSparc Ltd. is the larger business by last-quarter revenue ($461.0K vs $298.4K, roughly 1.5× POET TECHNOLOGIES INC.). SciSparc Ltd. runs the higher net margin — -2041.6% vs -3139.6%, a 1098.0% gap on every dollar of revenue.

POET Technologies designs and develops photonic integrated circuits based on its proprietary Optical Interposer platform. Headquartered in Toronto with operations in Singapore, the company supplies optical engines and transceivers used in AI data centers, high-speed networking, and sensing applications.

SciSparc Ltd. is a clinical-stage biopharmaceutical company focused on developing novel therapies for unmet medical needs in the neurological, psychiatric, and gastrointestinal disorder segments. It operates across global biotech markets, leveraging proprietary cannabinoid-based formulation technologies to advance its pipeline of therapeutic candidates.

POET vs SPRC — Head-to-Head

Bigger by revenue
SPRC
SPRC
1.5× larger
SPRC
$461.0K
$298.4K
POET
Higher net margin
SPRC
SPRC
1098.0% more per $
SPRC
-2041.6%
-3139.6%
POET

Income Statement — Q3 FY2025 vs Q2 FY2025

Metric
POET
POET
SPRC
SPRC
Revenue
$298.4K
$461.0K
Net Profit
$-9.4M
$-9.4M
Gross Margin
78.1%
Operating Margin
-3201.6%
-588.5%
Net Margin
-3139.6%
-2041.6%
Revenue YoY
-45.1%
Net Profit YoY
-155.8%
EPS (diluted)
$17.92

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
POET
POET
SPRC
SPRC
Q4 25
$298.4K
Q3 25
$268.5K
Q2 25
$166.8K
$461.0K
Q4 24
$466.0K
Q3 24
$177.4K
Q2 24
$840.0K
Q4 23
$232.9K
Q3 23
$177.4K
Net Profit
POET
POET
SPRC
SPRC
Q4 25
$-9.4M
Q3 25
$-17.3M
Q2 25
$6.3M
$-9.4M
Q4 24
$-3.8M
Q3 24
$-8.0M
Q2 24
$-3.7M
Q4 23
$-5.1M
Q3 23
$-4.4M
Gross Margin
POET
POET
SPRC
SPRC
Q4 25
Q3 25
Q2 25
78.1%
Q4 24
6.9%
Q3 24
Q2 24
56.4%
Q4 23
Q3 23
Operating Margin
POET
POET
SPRC
SPRC
Q4 25
-3201.6%
Q3 25
-3261.9%
Q2 25
-5718.6%
-588.5%
Q4 24
-813.1%
Q3 24
-3809.2%
Q2 24
-419.9%
Q4 23
-2209.7%
Q3 23
-2498.9%
Net Margin
POET
POET
SPRC
SPRC
Q4 25
-3139.6%
Q3 25
-6430.3%
Q2 25
3802.8%
-2041.6%
Q4 24
-813.9%
Q3 24
-4498.5%
Q2 24
-438.0%
Q4 23
-2205.2%
Q3 23
-2472.9%
EPS (diluted)
POET
POET
SPRC
SPRC
Q4 25
Q3 25
Q2 25
$-0.12
$17.92
Q4 24
$-8.82
Q3 24
Q2 24
$35.70
Q4 23
Q3 23

Balance Sheet & Financial Strength

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

Metric
POET
POET
SPRC
SPRC
Cash + ST InvestmentsLiquidity on hand
$1.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$-81.0K
Total Assets
$5.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
POET
POET
SPRC
SPRC
Q4 25
Q3 25
Q2 25
$1.5M
Q4 24
$1.5M
Q3 24
Q2 24
$252.0K
Q4 23
Q3 23
Stockholders' Equity
POET
POET
SPRC
SPRC
Q4 25
Q3 25
Q2 25
$-81.0K
Q4 24
$8.9M
Q3 24
Q2 24
$8.7M
Q4 23
Q3 23
Total Assets
POET
POET
SPRC
SPRC
Q4 25
Q3 25
Q2 25
$5.1M
Q4 24
$10.3M
Q3 24
Q2 24
$10.5M
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
POET
POET
SPRC
SPRC
Operating Cash FlowLast quarter
$-14.6M
$-1.9M
Free Cash FlowOCF − Capex
$-17.5M
FCF MarginFCF / Revenue
-5851.0%
Capex IntensityCapex / Revenue
958.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-46.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
POET
POET
SPRC
SPRC
Q4 25
$-14.6M
Q3 25
$-9.1M
Q2 25
$-9.0M
$-1.9M
Q4 24
$-2.9M
Q3 24
$-8.4M
Q2 24
$-2.2M
Q4 23
$-9.6M
Q3 23
$-7.0M
Free Cash Flow
POET
POET
SPRC
SPRC
Q4 25
$-17.5M
Q3 25
$-11.0M
Q2 25
$-9.5M
Q4 24
Q3 24
$-8.5M
Q2 24
$-2.2M
Q4 23
$-11.0M
Q3 23
$-7.9M
FCF Margin
POET
POET
SPRC
SPRC
Q4 25
-5851.0%
Q3 25
-4101.6%
Q2 25
-5698.0%
Q4 24
Q3 24
-4802.5%
Q2 24
-261.7%
Q4 23
-4703.1%
Q3 23
-4463.0%
Capex Intensity
POET
POET
SPRC
SPRC
Q4 25
958.2%
Q3 25
712.3%
Q2 25
313.3%
Q4 24
Q3 24
68.8%
Q2 24
0.1%
Q4 23
586.4%
Q3 23
492.2%
Cash Conversion
POET
POET
SPRC
SPRC
Q4 25
Q3 25
Q2 25
-1.42×
Q4 24
Q3 24
Q2 24
Q4 23
Q3 23

Financial Flow Comparison

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

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