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Side-by-side financial comparison of FRANKLIN STREET PROPERTIES CORP (FSP) and Venus Concept Inc. (VERO). Click either name above to swap in a different company.

FRANKLIN STREET PROPERTIES CORP is the larger business by last-quarter revenue ($26.0M vs $13.8M, roughly 1.9× Venus Concept Inc.). FRANKLIN STREET PROPERTIES CORP runs the higher net margin — -28.1% vs -163.8%, a 135.7% gap on every dollar of revenue. On growth, Venus Concept Inc. posted the faster year-over-year revenue change (-8.2% vs -8.2%). Venus Concept Inc. produced more free cash flow last quarter ($-4.9M vs $-12.7M). Over the past eight quarters, FRANKLIN STREET PROPERTIES CORP's revenue compounded faster (-8.7% CAGR vs -12.8%).

Franklin Street Properties Corp is a Massachusetts-based real estate investment trust (REIT) in the United States. It primarily invests in, owns, and operates high-quality office properties across major U.S. metropolitan markets, serving corporate tenants across various industry segments, and delivers stable long-term returns via rental income and strategic asset management.

Venus Concept Inc is a global medical technology firm specializing in the development, manufacturing, and distribution of non-invasive and minimally invasive aesthetic medical devices. Its product portfolio covers hair removal, skin rejuvenation, body contouring, and anti-aging solutions, serving dermatology clinics, plastic surgery centers, and medical spas across North America, Europe, and Asia Pacific markets.

FSP vs VERO — Head-to-Head

Bigger by revenue
FSP
FSP
1.9× larger
FSP
$26.0M
$13.8M
VERO
Growing faster (revenue YoY)
VERO
VERO
+0.0% gap
VERO
-8.2%
-8.2%
FSP
Higher net margin
FSP
FSP
135.7% more per $
FSP
-28.1%
-163.8%
VERO
More free cash flow
VERO
VERO
$7.8M more FCF
VERO
$-4.9M
$-12.7M
FSP
Faster 2-yr revenue CAGR
FSP
FSP
Annualised
FSP
-8.7%
-12.8%
VERO

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
FSP
FSP
VERO
VERO
Revenue
$26.0M
$13.8M
Net Profit
$-7.3M
$-22.6M
Gross Margin
59.4%
64.0%
Operating Margin
-27.9%
-68.9%
Net Margin
-28.1%
-163.8%
Revenue YoY
-8.2%
-8.2%
Net Profit YoY
14.1%
-143.0%
EPS (diluted)
$-0.06
$-12.14

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
FSP
FSP
VERO
VERO
Q4 25
$26.0M
Q3 25
$27.3M
$13.8M
Q2 25
$26.7M
$15.7M
Q1 25
$27.1M
$13.6M
Q4 24
$28.4M
$15.8M
Q3 24
$29.7M
$15.0M
Q2 24
$30.8M
$16.6M
Q1 24
$31.2M
$17.5M
Net Profit
FSP
FSP
VERO
VERO
Q4 25
$-7.3M
Q3 25
$-8.3M
$-22.6M
Q2 25
$-7.9M
$-11.7M
Q1 25
$-21.4M
$-12.4M
Q4 24
$-8.5M
$-8.0M
Q3 24
$-15.6M
$-9.3M
Q2 24
$-21.0M
$-20.0M
Q1 24
$-7.6M
$-9.8M
Gross Margin
FSP
FSP
VERO
VERO
Q4 25
59.4%
Q3 25
60.9%
64.0%
Q2 25
59.9%
60.1%
Q1 25
62.8%
64.2%
Q4 24
59.7%
69.1%
Q3 24
61.0%
66.1%
Q2 24
64.2%
71.5%
Q1 24
64.7%
66.6%
Operating Margin
FSP
FSP
VERO
VERO
Q4 25
-27.9%
Q3 25
-30.5%
-68.9%
Q2 25
-29.2%
-57.6%
Q1 25
-78.9%
-69.8%
Q4 24
-29.9%
-42.3%
Q3 24
-52.4%
-47.7%
Q2 24
-68.0%
-33.7%
Q1 24
-24.0%
-44.4%
Net Margin
FSP
FSP
VERO
VERO
Q4 25
-28.1%
Q3 25
-30.5%
-163.8%
Q2 25
-29.5%
-74.7%
Q1 25
-79.1%
-90.6%
Q4 24
-30.0%
-50.5%
Q3 24
-52.6%
-61.9%
Q2 24
-68.2%
-120.3%
Q1 24
-24.2%
-56.0%
EPS (diluted)
FSP
FSP
VERO
VERO
Q4 25
$-0.06
Q3 25
$-0.08
$-12.14
Q2 25
$-0.08
$-8.03
Q1 25
$-0.21
$-17.44
Q4 24
$-0.09
$-10.26
Q3 24
$-0.15
$-13.10
Q2 24
$-0.20
$-30.93
Q1 24
$-0.07
$-16.92

Balance Sheet & Financial Strength

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

Metric
FSP
FSP
VERO
VERO
Cash + ST InvestmentsLiquidity on hand
$30.6M
$4.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$607.0M
$2.7M
Total Assets
$892.9M
$61.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FSP
FSP
VERO
VERO
Q4 25
$30.6M
Q3 25
$31.4M
$4.3M
Q2 25
$29.4M
$3.9M
Q1 25
$30.2M
$3.2M
Q4 24
$41.1M
$4.3M
Q3 24
$40.9M
$4.5M
Q2 24
$30.2M
$5.7M
Q1 24
$34.2M
$5.1M
Stockholders' Equity
FSP
FSP
VERO
VERO
Q4 25
$607.0M
Q3 25
$615.3M
$2.7M
Q2 25
$624.7M
$2.3M
Q1 25
$633.4M
$2.3M
Q4 24
$655.9M
$2.4M
Q3 24
$665.4M
$10.1M
Q2 24
$682.1M
$3.7M
Q1 24
$703.9M
$-22.5M
Total Assets
FSP
FSP
VERO
VERO
Q4 25
$892.9M
Q3 25
$901.0M
$61.6M
Q2 25
$903.2M
$63.1M
Q1 25
$916.4M
$63.5M
Q4 24
$946.9M
$68.2M
Q3 24
$981.5M
$72.3M
Q2 24
$1.0B
$79.8M
Q1 24
$1.0B
$85.1M

Cash Flow & Capital Efficiency

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

Metric
FSP
FSP
VERO
VERO
Operating Cash FlowLast quarter
$3.8M
$-4.9M
Free Cash FlowOCF − Capex
$-12.7M
$-4.9M
FCF MarginFCF / Revenue
-48.6%
-35.6%
Capex IntensityCapex / Revenue
63.0%
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-25.3M
$-20.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FSP
FSP
VERO
VERO
Q4 25
$3.8M
Q3 25
$8.3M
$-4.9M
Q2 25
$-2.9M
$-5.4M
Q1 25
$-5.5M
$-6.3M
Q4 24
$9.0M
$-3.8M
Q3 24
$14.5M
$-3.0M
Q2 24
$-648.0K
$-1.3M
Q1 24
$-7.1M
$-2.9M
Free Cash Flow
FSP
FSP
VERO
VERO
Q4 25
$-12.7M
Q3 25
$3.0M
$-4.9M
Q2 25
$-5.7M
$-5.6M
Q1 25
$-9.9M
$-6.3M
Q4 24
$-16.2M
$-3.9M
Q3 24
$8.6M
$-3.1M
Q2 24
$-5.1M
$-1.4M
Q1 24
$-15.8M
$-2.9M
FCF Margin
FSP
FSP
VERO
VERO
Q4 25
-48.6%
Q3 25
11.0%
-35.6%
Q2 25
-21.5%
-35.8%
Q1 25
-36.7%
-46.5%
Q4 24
-57.2%
-24.7%
Q3 24
29.1%
-20.3%
Q2 24
-16.7%
-8.2%
Q1 24
-50.8%
-16.6%
Capex Intensity
FSP
FSP
VERO
VERO
Q4 25
63.0%
Q3 25
19.4%
0.1%
Q2 25
10.7%
1.0%
Q1 25
16.4%
0.3%
Q4 24
88.9%
0.5%
Q3 24
19.6%
0.0%
Q2 24
14.6%
0.1%
Q1 24
28.1%
0.1%

Financial Flow Comparison

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

Revenue Breakdown by Segment

FSP
FSP

Segment breakdown not available.

VERO
VERO

Products And Services$10.8M79%
Leases$2.9M21%

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