vs

Side-by-side financial comparison of Americas Gold & Silver Corp (USAS) and X4 Pharmaceuticals, Inc (XFOR). Click either name above to swap in a different company.

X4 Pharmaceuticals, Inc is the larger business by last-quarter revenue ($28.8M vs $19.1M, roughly 1.5× Americas Gold & Silver Corp). X4 Pharmaceuticals, Inc runs the higher net margin — 1.0% vs -82.3%, a 83.3% gap on every dollar of revenue.

Pan American Silver Corporation is a mining company based in Canada with operations in Latin America. The company has mines and other projects in Mexico, Peru, Bolivia, and Argentina.

X4 Pharmaceuticals, Inc. is a clinical-stage biotechnology company focused on developing novel targeted therapies for rare immunological diseases and oncology indications with high unmet medical needs. It operates primarily across the U.S. and European markets, with a lead pipeline candidate for WHIM syndrome and multiple other preclinical and clinical assets for immune disorders and cancer.

USAS vs XFOR — Head-to-Head

Bigger by revenue
XFOR
XFOR
1.5× larger
XFOR
$28.8M
$19.1M
USAS
Higher net margin
XFOR
XFOR
83.3% more per $
XFOR
1.0%
-82.3%
USAS

Income Statement — Q3 FY2025 vs Q1 FY2025

Metric
USAS
USAS
XFOR
XFOR
Revenue
$19.1M
$28.8M
Net Profit
$-15.7M
$282.0K
Gross Margin
34.2%
83.6%
Operating Margin
-32.8%
Net Margin
-82.3%
1.0%
Revenue YoY
-28.0%
Net Profit YoY
2.8%
100.5%
EPS (diluted)
$0.04

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
USAS
USAS
XFOR
XFOR
Q3 25
$19.1M
Q1 25
$28.8M
Q3 24
$26.5M
Q1 24
$0
Q3 23
$0
Q2 23
$0
Net Profit
USAS
USAS
XFOR
XFOR
Q3 25
$-15.7M
Q1 25
$282.0K
Q3 24
$-16.2M
Q1 24
$-51.8M
Q3 23
$-2.3M
Q2 23
$-55.7M
Gross Margin
USAS
USAS
XFOR
XFOR
Q3 25
34.2%
Q1 25
83.6%
Q3 24
23.6%
Q1 24
Q3 23
Q2 23
Operating Margin
USAS
USAS
XFOR
XFOR
Q3 25
Q1 25
-32.8%
Q3 24
Q1 24
Q3 23
Q2 23
Net Margin
USAS
USAS
XFOR
XFOR
Q3 25
-82.3%
Q1 25
1.0%
Q3 24
-60.9%
Q1 24
Q3 23
Q2 23
EPS (diluted)
USAS
USAS
XFOR
XFOR
Q3 25
Q1 25
$0.04
Q3 24
Q1 24
$-7.77
Q3 23
$-0.01
Q2 23
$-0.33

Balance Sheet & Financial Strength

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

Metric
USAS
USAS
XFOR
XFOR
Cash + ST InvestmentsLiquidity on hand
$39.1M
$40.3M
Total DebtLower is stronger
$75.0M
Stockholders' EquityBook value
$50.2M
$22.9M
Total Assets
$234.7M
$130.0M
Debt / EquityLower = less leverage
3.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
USAS
USAS
XFOR
XFOR
Q3 25
$39.1M
Q1 25
$40.3M
Q3 24
Q1 24
$60.5M
Q3 23
$131.6M
Q2 23
$136.4M
Total Debt
USAS
USAS
XFOR
XFOR
Q3 25
Q1 25
$75.0M
Q3 24
Q1 24
$55.0M
Q3 23
$55.0M
Q2 23
$32.5M
Stockholders' Equity
USAS
USAS
XFOR
XFOR
Q3 25
$50.2M
Q1 25
$22.9M
Q3 24
$53.1M
Q1 24
$1.0M
Q3 23
$67.6M
Q2 23
$67.5M
Total Assets
USAS
USAS
XFOR
XFOR
Q3 25
$234.7M
Q1 25
$130.0M
Q3 24
Q1 24
$112.2M
Q3 23
$173.3M
Q2 23
$173.4M
Debt / Equity
USAS
USAS
XFOR
XFOR
Q3 25
Q1 25
3.27×
Q3 24
Q1 24
53.09×
Q3 23
0.81×
Q2 23
0.48×

Cash Flow & Capital Efficiency

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

Metric
USAS
USAS
XFOR
XFOR
Operating Cash FlowLast quarter
$-12.5M
$-12.4M
Free Cash FlowOCF − Capex
$-41.3M
FCF MarginFCF / Revenue
-216.5%
Capex IntensityCapex / Revenue
150.8%
0.0%
Cash ConversionOCF / Net Profit
-43.86×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
USAS
USAS
XFOR
XFOR
Q3 25
$-12.5M
Q1 25
$-12.4M
Q3 24
$2.4M
Q1 24
$-33.6M
Q3 23
$-68.8M
Q2 23
$-47.9M
Free Cash Flow
USAS
USAS
XFOR
XFOR
Q3 25
$-41.3M
Q1 25
Q3 24
$-11.2M
Q1 24
$-33.7M
Q3 23
$-68.8M
Q2 23
$-47.9M
FCF Margin
USAS
USAS
XFOR
XFOR
Q3 25
-216.5%
Q1 25
Q3 24
-42.2%
Q1 24
Q3 23
Q2 23
Capex Intensity
USAS
USAS
XFOR
XFOR
Q3 25
150.8%
Q1 25
0.0%
Q3 24
51.2%
Q1 24
Q3 23
Q2 23
Cash Conversion
USAS
USAS
XFOR
XFOR
Q3 25
Q1 25
-43.86×
Q3 24
Q1 24
Q3 23
Q2 23

Financial Flow Comparison

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

Related Comparisons