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Side-by-side financial comparison of Ambow Education Holding Ltd. (AMBO) and Spectral AI, Inc. (MDAI). Click either name above to swap in a different company.

Spectral AI, Inc. is the larger business by last-quarter revenue ($4.1M vs $2.8M, roughly 1.5× Ambow Education Holding Ltd.). Ambow Education Holding Ltd. runs the higher net margin — 64.2% vs 25.7%, a 38.4% gap on every dollar of revenue. On growth, Ambow Education Holding Ltd. posted the faster year-over-year revenue change (15.3% vs -46.3%).

Ambow Education Holding Ltd. is a China-focused education service provider that offers personalized learning solutions, professional career training programs, and K-12 after-school tutoring services. It partners with educational institutions and enterprises to deliver technology-integrated learning resources for learners of all age groups across mainland China.

Spectral AI, Inc. is a medical technology firm specializing in AI-powered diagnostic imaging solutions primarily for burn and wound care. It develops non-invasive imaging tools that enable healthcare providers to deliver faster, more accurate treatment assessments, serving clinical and healthcare partner networks across North America and European markets.

AMBO vs MDAI — Head-to-Head

Bigger by revenue
MDAI
MDAI
1.5× larger
MDAI
$4.1M
$2.8M
AMBO
Growing faster (revenue YoY)
AMBO
AMBO
+61.6% gap
AMBO
15.3%
-46.3%
MDAI
Higher net margin
AMBO
AMBO
38.4% more per $
AMBO
64.2%
25.7%
MDAI

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
AMBO
AMBO
MDAI
MDAI
Revenue
$2.8M
$4.1M
Net Profit
$1.8M
$1.1M
Gross Margin
53.3%
45.2%
Operating Margin
11.9%
-54.9%
Net Margin
64.2%
25.7%
Revenue YoY
15.3%
-46.3%
Net Profit YoY
1343.1%
113.9%
EPS (diluted)
$0.03
$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
AMBO
AMBO
MDAI
MDAI
Q4 25
$4.1M
Q3 25
$3.8M
Q2 25
$2.8M
$5.1M
Q1 25
$6.7M
Q4 24
$7.6M
Q3 24
$8.2M
Q2 24
$2.4M
$7.5M
Q1 24
$6.3M
Net Profit
AMBO
AMBO
MDAI
MDAI
Q4 25
$1.1M
Q3 25
$-3.6M
Q2 25
$1.8M
$-8.0M
Q1 25
$2.9M
Q4 24
$-7.6M
Q3 24
$-1.5M
Q2 24
$123.0K
$-2.9M
Q1 24
$-3.2M
Gross Margin
AMBO
AMBO
MDAI
MDAI
Q4 25
45.2%
Q3 25
42.7%
Q2 25
53.3%
45.2%
Q1 25
47.2%
Q4 24
44.0%
Q3 24
44.9%
Q2 24
55.6%
44.3%
Q1 24
46.6%
Operating Margin
AMBO
AMBO
MDAI
MDAI
Q4 25
-54.9%
Q3 25
-88.1%
Q2 25
11.9%
-41.9%
Q1 25
-13.4%
Q4 24
-14.6%
Q3 24
-10.8%
Q2 24
2.7%
-32.7%
Q1 24
-33.9%
Net Margin
AMBO
AMBO
MDAI
MDAI
Q4 25
25.7%
Q3 25
-93.7%
Q2 25
64.2%
-157.3%
Q1 25
43.2%
Q4 24
-99.8%
Q3 24
-18.4%
Q2 24
5.1%
-38.3%
Q1 24
-50.7%
EPS (diluted)
AMBO
AMBO
MDAI
MDAI
Q4 25
$0.04
Q3 25
$-0.13
Q2 25
$0.03
$-0.31
Q1 25
$0.11
Q4 24
$-0.42
Q3 24
$-0.08
Q2 24
$0.00
$-0.16
Q1 24
$-0.19

Balance Sheet & Financial Strength

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

Metric
AMBO
AMBO
MDAI
MDAI
Cash + ST InvestmentsLiquidity on hand
$4.1M
$15.4M
Total DebtLower is stronger
$9.3M
Stockholders' EquityBook value
$8.6M
$-5.7M
Total Assets
$23.2M
$21.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMBO
AMBO
MDAI
MDAI
Q4 25
$15.4M
Q3 25
$10.5M
Q2 25
$4.1M
$10.5M
Q1 25
$14.1M
Q4 24
$5.2M
Q3 24
$3.7M
Q2 24
$1.6M
$6.9M
Q1 24
$10.2M
Total Debt
AMBO
AMBO
MDAI
MDAI
Q4 25
$9.3M
Q3 25
Q2 25
Q1 25
$7.8M
Q4 24
$2.8M
Q3 24
$1.0M
Q2 24
Q1 24
Stockholders' Equity
AMBO
AMBO
MDAI
MDAI
Q4 25
$-5.7M
Q3 25
$-8.2M
Q2 25
$8.6M
$-9.2M
Q1 25
$-1.6M
Q4 24
$-7.3M
Q3 24
$-4.8M
Q2 24
$6.6M
$-4.7M
Q1 24
$-2.5M
Total Assets
AMBO
AMBO
MDAI
MDAI
Q4 25
$21.4M
Q3 25
$15.3M
Q2 25
$23.2M
$16.0M
Q1 25
$20.7M
Q4 24
$12.1M
Q3 24
$11.6M
Q2 24
$17.6M
$13.9M
Q1 24
$15.5M

Cash Flow & Capital Efficiency

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

Metric
AMBO
AMBO
MDAI
MDAI
Operating Cash FlowLast quarter
$-2.6M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-2.43×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMBO
AMBO
MDAI
MDAI
Q4 25
$-2.6M
Q3 25
$-2.5M
Q2 25
$-3.4M
Q1 25
$-1.5M
Q4 24
$469.0K
Q3 24
$-1.6M
Q2 24
$-5.4M
Q1 24
$-2.7M
Cash Conversion
AMBO
AMBO
MDAI
MDAI
Q4 25
-2.43×
Q3 25
Q2 25
Q1 25
-0.52×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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