VSEE HEALTH, INC. VSEE
Nasdaq · XNAS · stock · Services-Health Services
Chart by TradingView
5/9
Piotroski F — financial health
-16.83
Altman Z″ — distress risk · distress
—
Dividend payout · no dividend
Financials & ratios (annual, from 10-K)
| Metric | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Financials | ||||
| Revenue | $14.6M | $10.4M | $5.8M | — |
| Gross profit | $7.4M | $7.2M | $3.8M | — |
| Operating income | -$9.6M | -$62.2M | -$1.9M | -$3.6M |
| Net income | -$14.7M | -$57.7M | -$3.8M | -$3.2M |
| Operating cash flow | -$3.4M | -$5.8M | -$632,595 | -$1.4M |
| Free cash flow | -$3.5M | -$5.8M | -$636,930 | — |
| Total assets | $22.4M | $20.0M | $805,791 | $7.6M |
| Total liabilities | $17.0M | $20.0M | $5.1M | $7.7M |
| Shareholders' equity | $5.5M | -$18,488 | -$4.3M | -$574,066 |
| Ratios | ||||
| Gross margin | 50.3% | 68.9% | 66.5% | — |
| Operating margin | -65.6% | -596.4% | -32.5% | — |
| Net margin | -100.6% | -553.7% | -65.3% | — |
| FCF margin | -23.8% | -56.1% | -11.0% | — |
| Return on assets | -65.6% | -288.6% | -467.0% | -42.5% |
| Return on equity | -269.8% | 312105.2% | 87.5% | 564.8% |
| Debt / equity | 0.11× | -32.13× | -0.05× | — |
| Current ratio | 0.51 | 0.16 | 0.16 | 0.03 |
| Revenue growth | 40.3% | 80.7% | — | — |
Why these scores methodology →
Piotroski F-score: 5/9
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″: -16.83 (distress)
- Working capital / assets -0.352
- Retained earnings / assets -3.677
- EBIT / assets -0.428
- Equity / liabilities 0.321
Sector peers
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Source: SEC EDGAR filings · CIK 0001864531 · as of 2025-12-31. Figures are facts from filings plus Stocktoria's own computed scores — not investment advice.