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Side-by-side financial comparison of SELLAS Life Sciences Group, Inc. (SLS) and Virax Biolabs Group Ltd (VRAX). Click either name above to swap in a different company.

SELLAS Life Sciences Group, Inc. is the larger business by last-quarter revenue ($79.0K vs $76.5K, roughly 1.0× Virax Biolabs Group Ltd). Virax Biolabs Group Ltd runs the higher net margin — -3809.4% vs -12108.9%, a 8299.4% gap on every dollar of revenue.

SELLAS Life Sciences Group, Inc. is a late-stage clinical biopharmaceutical company focused on developing innovative cancer immunotherapies for patients with unmet medical needs. Its core pipeline targets both hematological malignancies and solid tumors, with lead product candidates addressing indications like acute myeloid leukemia, primarily serving markets across North America.

Virax Biolabs Group Ltd is a global biotechnology company specializing in the development, production and distribution of in vitro diagnostic test kits. Its core product portfolio covers testing solutions for infectious diseases and immunological conditions, serving clinical institutions, research laboratories and commercial partners across multiple global regions.

SLS vs VRAX — Head-to-Head

Bigger by revenue
SLS
SLS
1.0× larger
SLS
$79.0K
$76.5K
VRAX
Higher net margin
VRAX
VRAX
8299.4% more per $
VRAX
-3809.4%
-12108.9%
SLS

Income Statement — Q1 FY2024 vs Q2 FY2025

Metric
SLS
SLS
VRAX
VRAX
Revenue
$79.0K
$76.5K
Net Profit
$-9.6M
$-2.9M
Gross Margin
13.7%
Operating Margin
-12208.9%
-3537.5%
Net Margin
-12108.9%
-3809.4%
Revenue YoY
Net Profit YoY
13.8%
EPS (diluted)
$-0.21

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
SLS
SLS
VRAX
VRAX
Cash + ST InvestmentsLiquidity on hand
$18.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$9.7M
Total Assets
$24.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SLS
SLS
VRAX
VRAX
Q3 24
Q1 24
$18.4M
Stockholders' Equity
SLS
SLS
VRAX
VRAX
Q3 24
Q1 24
$9.7M
Total Assets
SLS
SLS
VRAX
VRAX
Q3 24
Q1 24
$24.4M

Cash Flow & Capital Efficiency

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

Metric
SLS
SLS
VRAX
VRAX
Operating Cash FlowLast quarter
$-10.8M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SLS
SLS
VRAX
VRAX
Q3 24
Q1 24
$-10.8M

Financial Flow Comparison

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

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