undamentalytics Newsletter

Envoy Medical vs Nexalin Technology

Nexalin Technology is the larger business, with $301,647 of revenue in fiscal 2025 against $241,000 for Envoy Medical (1.3 times as much). Nexalin Technology grew faster (78.8% against 7.1%). Nexalin Technology kept more of each dollar of sales as profit: a net margin of -2725.8% against -9857.3%.

Latest fiscal yearEnvoy MedicalCOCH, 2025Nexalin TechnologyNXL, 2025
Revenue $241,000 $301,647
Revenue growth 7.1% 78.8%
Net income −$23.8m −$8.2m
Operating margin -9240.7% —
Net margin -9857.3% -2725.8%
Return on equity — —
Free cash flow −$18.4m —
Cash $3.7m $654,783
Total debt $0 $0
Debt to equity — —
Dividend per share — —
Dividend yield 0.3% —
Share buybacks — —
Employees 43 8
Market value $712m $32.7m
Price vs our value range — —
Moat score — —
Insider trades, 12 months 6 buys, 0 sales 0 buys, 0 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

Go deeper

Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.