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Side-by-side financial comparison of Infobird Co., Ltd (IFBD) and VSEE HEALTH, INC. (VSEE). Click either name above to swap in a different company.

VSEE HEALTH, INC. is the larger business by last-quarter revenue ($3.9M vs $3.4M, roughly 1.1× Infobird Co., Ltd). Infobird Co., Ltd runs the higher net margin — -46.7% vs -200.0%, a 153.3% gap on every dollar of revenue. On growth, Infobird Co., Ltd posted the faster year-over-year revenue change (17118.0% vs 5.1%).

Infobird Co., Ltd. is a China-based technology firm specializing in AI-powered customer engagement and smart customer service solutions. It serves clients across e-commerce, finance, telecommunications, and internet service sectors, offering cloud-based SaaS tools, intelligent call center systems, and customized digital operation support to help enterprises boost service efficiency and customer satisfaction.

VSEE HEALTH, INC. is a US-based telehealth technology firm offering HIPAA-compliant virtual care platforms, remote consultation tools, and chronic disease management solutions. It primarily serves healthcare providers, enterprise clients and nonprofits across North America and select global markets.

IFBD vs VSEE — Head-to-Head

Bigger by revenue
VSEE
VSEE
1.1× larger
VSEE
$3.9M
$3.4M
IFBD
Growing faster (revenue YoY)
IFBD
IFBD
+17112.8% gap
IFBD
17118.0%
5.1%
VSEE
Higher net margin
IFBD
IFBD
153.3% more per $
IFBD
-46.7%
-200.0%
VSEE

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
IFBD
IFBD
VSEE
VSEE
Revenue
$3.4M
$3.9M
Net Profit
$-1.6M
$-7.9M
Gross Margin
37.2%
46.7%
Operating Margin
-31.8%
-87.6%
Net Margin
-46.7%
-200.0%
Revenue YoY
17118.0%
5.1%
Net Profit YoY
-98.1%
-144.7%
EPS (diluted)
$-0.41
$-0.31

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
IFBD
IFBD
VSEE
VSEE
Q4 25
$3.9M
Q3 25
$4.0M
Q2 25
$3.4M
$3.4M
Q1 25
$3.3M
Q4 24
$3.7M
Q3 24
$3.4M
Q2 24
$1.7M
Q1 24
$1.6M
Net Profit
IFBD
IFBD
VSEE
VSEE
Q4 25
$-7.9M
Q3 25
$-289.7K
Q2 25
$-1.6M
$-2.6M
Q1 25
$-4.0M
Q4 24
$-3.2M
Q3 24
$-53.9M
Q2 24
$-634.1K
Q1 24
$62.8K
Gross Margin
IFBD
IFBD
VSEE
VSEE
Q4 25
46.7%
Q3 25
52.1%
Q2 25
37.2%
46.9%
Q1 25
56.0%
Q4 24
63.8%
Q3 24
83.0%
Q2 24
45.4%
Q1 24
76.2%
Operating Margin
IFBD
IFBD
VSEE
VSEE
Q4 25
-87.6%
Q3 25
-51.7%
Q2 25
-31.8%
-66.5%
Q1 25
-55.1%
Q4 24
-81.1%
Q3 24
-1737.8%
Q2 24
-54.5%
Q1 24
6.4%
Net Margin
IFBD
IFBD
VSEE
VSEE
Q4 25
-200.0%
Q3 25
-7.3%
Q2 25
-46.7%
-77.1%
Q1 25
-119.2%
Q4 24
-85.9%
Q3 24
-1607.5%
Q2 24
-37.0%
Q1 24
3.9%
EPS (diluted)
IFBD
IFBD
VSEE
VSEE
Q4 25
$-0.31
Q3 25
$-0.02
Q2 25
$-0.41
$-0.16
Q1 25
$-0.24
Q4 24
$-1.96
Q3 24
$-3.58
Q2 24
$-0.12
Q1 24
$0.01

Balance Sheet & Financial Strength

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

Metric
IFBD
IFBD
VSEE
VSEE
Cash + ST InvestmentsLiquidity on hand
$698.0K
$5.3M
Total DebtLower is stronger
$2.7M
Stockholders' EquityBook value
$66.7M
$5.5M
Total Assets
$72.4M
$22.4M
Debt / EquityLower = less leverage
0.50×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IFBD
IFBD
VSEE
VSEE
Q4 25
$5.3M
Q3 25
$472.8K
Q2 25
$698.0K
$291.6K
Q1 25
$410.1K
Q4 24
$326.1K
Q3 24
$2.3M
Q2 24
$1.1M
Q1 24
$724
Total Debt
IFBD
IFBD
VSEE
VSEE
Q4 25
$2.7M
Q3 25
$3.4M
Q2 25
$3.0M
Q1 25
$2.6M
Q4 24
$1.9M
Q3 24
$1.9M
Q2 24
$2.4M
Q1 24
Stockholders' Equity
IFBD
IFBD
VSEE
VSEE
Q4 25
$5.5M
Q3 25
$-5.6M
Q2 25
$66.7M
$-5.7M
Q1 25
$-3.5M
Q4 24
$-18.5K
Q3 24
$933.1K
Q2 24
$53.1M
Q1 24
$-13.2M
Total Assets
IFBD
IFBD
VSEE
VSEE
Q4 25
$22.4M
Q3 25
$18.7M
Q2 25
$72.4M
$18.2M
Q1 25
$19.4M
Q4 24
$20.0M
Q3 24
$22.3M
Q2 24
$78.6M
Q1 24
$1.4M
Debt / Equity
IFBD
IFBD
VSEE
VSEE
Q4 25
0.50×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
2.08×
Q2 24
0.05×
Q1 24

Cash Flow & Capital Efficiency

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

Metric
IFBD
IFBD
VSEE
VSEE
Operating Cash FlowLast quarter
$1.1M
$-1.9M
Free Cash FlowOCF − Capex
$-1.9M
FCF MarginFCF / Revenue
-49.2%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-3.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IFBD
IFBD
VSEE
VSEE
Q4 25
$-1.9M
Q3 25
$-754.5K
Q2 25
$1.1M
$-324.6K
Q1 25
$-440.5K
Q4 24
$-3.0M
Q3 24
$-221.0K
Q2 24
$-3.2M
Q1 24
$579.3K
Free Cash Flow
IFBD
IFBD
VSEE
VSEE
Q4 25
$-1.9M
Q3 25
$-761.8K
Q2 25
$-328.2K
Q1 25
$-452.4K
Q4 24
$-3.0M
Q3 24
$-226.0K
Q2 24
$-3.2M
Q1 24
$570.5K
FCF Margin
IFBD
IFBD
VSEE
VSEE
Q4 25
-49.2%
Q3 25
-19.1%
Q2 25
-9.7%
Q1 25
-13.6%
Q4 24
-79.8%
Q3 24
-6.7%
Q2 24
-187.6%
Q1 24
35.2%
Capex Intensity
IFBD
IFBD
VSEE
VSEE
Q4 25
0.2%
Q3 25
0.2%
Q2 25
0.1%
Q1 25
0.4%
Q4 24
0.1%
Q3 24
0.1%
Q2 24
2.1%
Q1 24
0.5%
Cash Conversion
IFBD
IFBD
VSEE
VSEE
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
9.23×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IFBD
IFBD

Segment breakdown not available.

VSEE
VSEE

Professional Services And Other Fees$3.1M79%
Other$823.2K21%

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