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Side-by-side financial comparison of EUDA Health Holdings Ltd (EUDA) and MultiSensor AI Holdings, Inc. (MSAI). Click either name above to swap in a different company.

EUDA Health Holdings Ltd is the larger business by last-quarter revenue ($1.7M vs $1.4M, roughly 1.2× MultiSensor AI Holdings, Inc.). EUDA Health Holdings Ltd runs the higher net margin — -142.1% vs -164.1%, a 22.0% gap on every dollar of revenue.

EUDA Health Holdings Ltd is a digital health enterprise focused on evidence-based mental wellness solutions. It offers AI-powered mental health assessment tools, therapy matching services, and personalized care programs, primarily serving consumer and corporate clients across the Asia-Pacific region with core segments including mental health screening, employee wellness programs and consumer mental support platforms.

Figure AI, Inc. is an American robotics company developing AI-powered humanoid robots. The company was founded in 2022 by Brett Adcock, also known for founding Archer Aviation and Vettery.

EUDA vs MSAI — Head-to-Head

Bigger by revenue
EUDA
EUDA
1.2× larger
EUDA
$1.7M
$1.4M
MSAI
Higher net margin
EUDA
EUDA
22.0% more per $
EUDA
-142.1%
-164.1%
MSAI

Income Statement — Q1 FY2023 vs Q4 FY2025

Metric
EUDA
EUDA
MSAI
MSAI
Revenue
$1.7M
$1.4M
Net Profit
$-2.4M
$-2.3M
Gross Margin
23.8%
Operating Margin
-116.4%
-171.6%
Net Margin
-142.1%
-164.1%
Revenue YoY
-0.9%
Net Profit YoY
-973.7%
23.7%
EPS (diluted)
$-0.12
$-0.02

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
EUDA
EUDA
MSAI
MSAI
Q4 25
$1.4M
Q3 25
$1.6M
Q2 25
$1.4M
Q1 25
$1.2M
Q4 24
$1.4M
Q3 24
$1.6M
Q2 24
$2.1M
Q1 24
$2.3M
Net Profit
EUDA
EUDA
MSAI
MSAI
Q4 25
$-2.3M
Q3 25
$-1.7M
Q2 25
$-3.3M
Q1 25
$-4.4M
Q4 24
$-3.0M
Q3 24
$-8.2M
Q2 24
$-6.4M
Q1 24
$-3.9M
Operating Margin
EUDA
EUDA
MSAI
MSAI
Q4 25
-171.6%
Q3 25
-107.6%
Q2 25
-233.8%
Q1 25
-394.6%
Q4 24
-199.6%
Q3 24
-541.5%
Q2 24
-228.1%
Q1 24
-112.7%
Net Margin
EUDA
EUDA
MSAI
MSAI
Q4 25
-164.1%
Q3 25
-106.5%
Q2 25
-234.1%
Q1 25
-379.1%
Q4 24
-213.2%
Q3 24
-511.5%
Q2 24
-300.8%
Q1 24
-172.4%
EPS (diluted)
EUDA
EUDA
MSAI
MSAI
Q4 25
$-0.02
Q3 25
$-0.05
Q2 25
$-0.10
Q1 25
$-0.14
Q4 24
$0.07
Q3 24
$-0.34
Q2 24
$-0.47
Q1 24
$-0.33

Balance Sheet & Financial Strength

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

Metric
EUDA
EUDA
MSAI
MSAI
Cash + ST InvestmentsLiquidity on hand
$837.3K
$24.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$-6.0M
$32.0M
Total Assets
$25.5M
$35.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EUDA
EUDA
MSAI
MSAI
Q4 25
$24.4M
Q3 25
$1.1M
Q2 25
$3.2M
Q1 25
$4.7M
Q4 24
$4.4M
Q3 24
$8.6M
Q2 24
$234.0K
Q1 24
$491.0K
Total Debt
EUDA
EUDA
MSAI
MSAI
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
$642.0K
Q1 24
$2.8M
Stockholders' Equity
EUDA
EUDA
MSAI
MSAI
Q4 25
$32.0M
Q3 25
$8.3M
Q2 25
$9.8M
Q1 25
$12.9M
Q4 24
$12.3M
Q3 24
$15.6M
Q2 24
$1.6M
Q1 24
$1.4M
Total Assets
EUDA
EUDA
MSAI
MSAI
Q4 25
$35.5M
Q3 25
$11.9M
Q2 25
$14.6M
Q1 25
$16.4M
Q4 24
$15.5M
Q3 24
$18.9M
Q2 24
$16.4M
Q1 24
$14.1M
Debt / Equity
EUDA
EUDA
MSAI
MSAI
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
0.41×
Q1 24
2.04×

Cash Flow & Capital Efficiency

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

Metric
EUDA
EUDA
MSAI
MSAI
Operating Cash FlowLast quarter
$-469.9K
$-2.2M
Free Cash FlowOCF − Capex
$-2.6M
FCF MarginFCF / Revenue
-187.3%
Capex IntensityCapex / Revenue
26.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-9.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EUDA
EUDA
MSAI
MSAI
Q4 25
$-2.2M
Q3 25
$-1.8M
Q2 25
$-804.0K
Q1 25
$-3.2M
Q4 24
$-3.1M
Q3 24
$-12.7M
Q2 24
$-303.0K
Q1 24
$492.0K
Free Cash Flow
EUDA
EUDA
MSAI
MSAI
Q4 25
$-2.6M
Q3 25
$-2.1M
Q2 25
$-1.3M
Q1 25
$-3.6M
Q4 24
$-4.1M
Q3 24
$-13.2M
Q2 24
$-844.0K
Q1 24
$-79.0K
FCF Margin
EUDA
EUDA
MSAI
MSAI
Q4 25
-187.3%
Q3 25
-136.1%
Q2 25
-91.5%
Q1 25
-308.6%
Q4 24
-294.6%
Q3 24
-823.2%
Q2 24
-39.7%
Q1 24
-3.5%
Capex Intensity
EUDA
EUDA
MSAI
MSAI
Q4 25
26.2%
Q3 25
21.5%
Q2 25
34.8%
Q1 25
37.2%
Q4 24
76.2%
Q3 24
30.5%
Q2 24
25.5%
Q1 24
25.1%

Financial Flow Comparison

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

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