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Side-by-side financial comparison of Serve Robotics Inc. (SERV) and TMC the metals Co Inc. (TMC). Click either name above to swap in a different company.
TMC the metals Co Inc. is the larger business by last-quarter revenue ($1.3M vs $881.5K, roughly 1.5× Serve Robotics Inc.). TMC the metals Co Inc. runs the higher net margin — -3136.5% vs -3888.1%, a 751.6% gap on every dollar of revenue. On growth, TMC the metals Co Inc. posted the faster year-over-year revenue change (2425.5% vs 400.1%). TMC the metals Co Inc. produced more free cash flow last quarter ($-11.5M vs $-46.1M). Over the past eight quarters, TMC the metals Co Inc.'s revenue compounded faster (159.0% CAGR vs -3.5%).
Ecovacs Robotics is a Chinese technology company. It is best known for developing in-home robotic appliances. The company was founded in 1998 by Qian Dongqi and is headquartered in Suzhou, China. According to Global Asia, Ecovacs Robotics had more than 60% of the Chinese market for robots by 2013. In 2023, Nikkei Asia had reported that the market capitalisation of Ecovacs Robotics has grown to near $6.38 billion, which is "roughly 5 times" that of the market capitalisation of rivalling US bas...
The Metals Company, formerly DeepGreen Metals, is a Canadian deep sea mining exploration company. The company focuses on the mining of polymetallic nodules in the Clarion Clipperton Zone of the Pacific.
SERV vs TMC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $881.5K | $1.3M |
| Net Profit | $-34.3M | $-40.4M |
| Gross Margin | -757.3% | — |
| Operating Margin | -4572.1% | -3470.9% |
| Net Margin | -3888.1% | -3136.5% |
| Revenue YoY | 400.1% | 2425.5% |
| Net Profit YoY | -161.3% | -151.5% |
| EPS (diluted) | $-0.50 | $0.11 |
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 | $881.5K | $1.3M | ||
| Q3 25 | $687.0K | $1.3M | ||
| Q2 25 | $642.0K | — | ||
| Q1 25 | $440.5K | — | ||
| Q4 24 | $176.3K | — | ||
| Q3 24 | $222.0K | — | ||
| Q2 24 | $468.0K | — | ||
| Q1 24 | $946.7K | — |
| Q4 25 | $-34.3M | $-40.4M | ||
| Q3 25 | $-33.0M | $-184.5M | ||
| Q2 25 | $-20.9M | — | ||
| Q1 25 | $-13.2M | — | ||
| Q4 24 | $-13.1M | — | ||
| Q3 24 | $-8.0M | — | ||
| Q2 24 | $-9.0M | — | ||
| Q1 24 | $-9.0M | — |
| Q4 25 | -757.3% | — | ||
| Q3 25 | -637.4% | — | ||
| Q2 25 | -445.3% | — | ||
| Q1 25 | -333.4% | — | ||
| Q4 24 | -371.7% | — | ||
| Q3 24 | -70.3% | — | ||
| Q2 24 | 30.3% | — | ||
| Q1 24 | 62.8% | — |
| Q4 25 | -4572.1% | -3470.9% | ||
| Q3 25 | -5067.8% | -4134.4% | ||
| Q2 25 | -3527.1% | — | ||
| Q1 25 | -3406.6% | — | ||
| Q4 24 | -7701.3% | — | ||
| Q3 24 | -3804.1% | — | ||
| Q2 24 | -1828.2% | — | ||
| Q1 24 | -814.6% | — |
| Q4 25 | -3888.1% | -3136.5% | ||
| Q3 25 | -4806.4% | -13780.2% | ||
| Q2 25 | -3247.7% | — | ||
| Q1 25 | -3000.5% | — | ||
| Q4 24 | -7441.8% | — | ||
| Q3 24 | -3601.8% | — | ||
| Q2 24 | -1931.2% | — | ||
| Q1 24 | -954.7% | — |
| Q4 25 | $-0.50 | $0.11 | ||
| Q3 25 | $-0.54 | $0.46 | ||
| Q2 25 | $-0.36 | — | ||
| Q1 25 | $-0.23 | — | ||
| Q4 24 | $-0.23 | — | ||
| Q3 24 | $-0.20 | — | ||
| Q2 24 | $-0.27 | — | ||
| Q1 24 | $-0.37 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $106.2M | $117.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $350.7M | $-33.4M |
| Total Assets | $367.8M | $181.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $106.2M | $117.6M | ||
| Q3 25 | $116.8M | $115.6M | ||
| Q2 25 | $116.7M | — | ||
| Q1 25 | $197.8M | — | ||
| Q4 24 | $123.3M | — | ||
| Q3 24 | $50.9M | — | ||
| Q2 24 | $28.8M | — | ||
| Q1 24 | — | — |
| Q4 25 | $350.7M | $-33.4M | ||
| Q3 25 | $283.9M | $-40.6M | ||
| Q2 25 | $207.2M | — | ||
| Q1 25 | $210.2M | — | ||
| Q4 24 | $131.7M | — | ||
| Q3 24 | $56.2M | — | ||
| Q2 24 | $28.5M | — | ||
| Q1 24 | $-8.8M | — |
| Q4 25 | $367.8M | $181.6M | ||
| Q3 25 | $299.1M | $175.6M | ||
| Q2 25 | $214.3M | — | ||
| Q1 25 | $216.6M | — | ||
| Q4 24 | $139.6M | — | ||
| Q3 24 | $61.5M | — | ||
| Q2 24 | $32.8M | — | ||
| Q1 24 | $4.2M | — |
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 | $-29.6M | $-11.4M |
| Free Cash FlowOCF − Capex | $-46.1M | $-11.5M |
| FCF MarginFCF / Revenue | -5234.4% | -889.8% |
| Capex IntensityCapex / Revenue | 1872.1% | 8.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-117.6M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-29.6M | $-11.4M | ||
| Q3 25 | $-25.2M | $-11.5M | ||
| Q2 25 | $-16.0M | — | ||
| Q1 25 | $-9.5M | — | ||
| Q4 24 | $-6.3M | — | ||
| Q3 24 | $-5.5M | — | ||
| Q2 24 | $-5.7M | — | ||
| Q1 24 | $-4.1M | — |
| Q4 25 | $-46.1M | $-11.5M | ||
| Q3 25 | $-36.5M | $-11.5M | ||
| Q2 25 | $-22.0M | — | ||
| Q1 25 | $-12.9M | — | ||
| Q4 24 | $-11.1M | — | ||
| Q3 24 | $-10.1M | — | ||
| Q2 24 | $-6.5M | — | ||
| Q1 24 | $-4.1M | — |
| Q4 25 | -5234.4% | -889.8% | ||
| Q3 25 | -5314.1% | -859.4% | ||
| Q2 25 | -3426.8% | — | ||
| Q1 25 | -2934.1% | — | ||
| Q4 24 | -6307.8% | — | ||
| Q3 24 | -4529.7% | — | ||
| Q2 24 | -1396.6% | — | ||
| Q1 24 | -431.1% | — |
| Q4 25 | 1872.1% | 8.2% | ||
| Q3 25 | 1649.6% | 1.5% | ||
| Q2 25 | 940.4% | — | ||
| Q1 25 | 785.7% | — | ||
| Q4 24 | 2755.1% | — | ||
| Q3 24 | 2070.7% | — | ||
| Q2 24 | 169.8% | — | ||
| Q1 24 | 0.4% | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.