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Side-by-side financial comparison of Silence Therapeutics plc (SLN) and VisionWave Holdings, Inc. (VWAV). Click either name above to swap in a different company.

Silence Therapeutics plc is the larger business by last-quarter revenue ($15.7M vs $10.0M, roughly 1.6× VisionWave Holdings, Inc.). Silence Therapeutics plc runs the higher net margin — -14.7% vs -69.4%, a 54.6% gap on every dollar of revenue.

Silence Therapeutics is a London-based pharmaceutical company formed in 1994. The company has pioneered the development of short-interfering ribonucleic acid (siRNA) therapeutics for the treatment of rare diseases. Silence Therapeutics has offices in London, New Jersey, and Berlin, with its corporate headquarters located in Hammersmith, London.

CoMix Wave Films, Inc. is a Japanese independent animation film studio and distribution company based in Chiyoda, Tokyo, Japan. The studio is known for its anime feature films, short films, and television commercials, particularly those made by director Makoto Shinkai. It was founded in March 2007 when it split from CoMix Wave Inc., which was initially formed in 1998 from Itochu Corporation, ASATSU, and other companies. On 15 October 2024, Toho announced that they'd acquired 45 shares or 6.0...

SLN vs VWAV — Head-to-Head

Bigger by revenue
SLN
SLN
1.6× larger
SLN
$15.7M
$10.0M
VWAV
Higher net margin
SLN
SLN
54.6% more per $
SLN
-14.7%
-69.4%
VWAV

Income Statement — Q1 FY2024 vs Q1 FY2026

Metric
SLN
SLN
VWAV
VWAV
Revenue
$15.7M
$10.0M
Net Profit
$-2.3M
$-6.9M
Gross Margin
82.2%
Operating Margin
-35.6%
-65.7%
Net Margin
-14.7%
-69.4%
Revenue YoY
Net Profit YoY
-1522.6%
EPS (diluted)
$-0.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

Balance Sheet & Financial Strength

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

Metric
SLN
SLN
VWAV
VWAV
Cash + ST InvestmentsLiquidity on hand
$15.7K
Total DebtLower is stronger
Stockholders' EquityBook value
$156.8M
$3.1M
Total Assets
$18.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SLN
SLN
VWAV
VWAV
Q4 25
$15.7K
Q1 24
Stockholders' Equity
SLN
SLN
VWAV
VWAV
Q4 25
$3.1M
Q1 24
$156.8M
Total Assets
SLN
SLN
VWAV
VWAV
Q4 25
$18.4M
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SLN
SLN
VWAV
VWAV
Operating Cash FlowLast quarter
$-9.1M
$-5.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SLN
SLN
VWAV
VWAV
Q4 25
$-5.4M
Q1 24
$-9.1M
Capex Intensity
SLN
SLN
VWAV
VWAV
Q4 25
Q1 24
0.0%

Financial Flow Comparison

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

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