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Side-by-side financial comparison of INSPIRE VETERINARY PARTNERS, INC. (IVP) and Medalist Diversified REIT, Inc. (MDRR). Click either name above to swap in a different company.

INSPIRE VETERINARY PARTNERS, INC. is the larger business by last-quarter revenue ($4.3M vs $2.8M, roughly 1.5× Medalist Diversified REIT, Inc.). Medalist Diversified REIT, Inc. runs the higher net margin — -18.8% vs -58.5%, a 39.8% gap on every dollar of revenue. On growth, Medalist Diversified REIT, Inc. posted the faster year-over-year revenue change (11.8% vs 6.6%). Medalist Diversified REIT, Inc. produced more free cash flow last quarter ($77.0K vs $-1.3M). Over the past eight quarters, Medalist Diversified REIT, Inc.'s revenue compounded faster (4.8% CAGR vs 2.4%).

Inspire Veterinary Partners, Inc. is a U.S.-based operator of companion animal veterinary clinics. It delivers full-spectrum pet healthcare services including preventive care, diagnostic testing, surgery, dental care, and emergency treatment for dogs, cats and other small pets, serving communities across multiple U.S. states.

Medalist Diversified REIT, Inc. is a publicly traded real estate investment trust focused on owning, operating, and acquiring income-generating multi-family residential properties. Its portfolio is concentrated in high-growth US Southeast and Mid-Atlantic markets, targeting stable long-term returns for shareholders via rental income and property appreciation.

IVP vs MDRR — Head-to-Head

Bigger by revenue
IVP
IVP
1.5× larger
IVP
$4.3M
$2.8M
MDRR
Growing faster (revenue YoY)
MDRR
MDRR
+5.2% gap
MDRR
11.8%
6.6%
IVP
Higher net margin
MDRR
MDRR
39.8% more per $
MDRR
-18.8%
-58.5%
IVP
More free cash flow
MDRR
MDRR
$1.4M more FCF
MDRR
$77.0K
$-1.3M
IVP
Faster 2-yr revenue CAGR
MDRR
MDRR
Annualised
MDRR
4.8%
2.4%
IVP

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
IVP
IVP
MDRR
MDRR
Revenue
$4.3M
$2.8M
Net Profit
$-2.5M
$-529.6K
Gross Margin
Operating Margin
-45.6%
14.8%
Net Margin
-58.5%
-18.8%
Revenue YoY
6.6%
11.8%
Net Profit YoY
27.6%
-88.4%
EPS (diluted)
$-0.49

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
IVP
IVP
MDRR
MDRR
Q4 25
$2.8M
Q3 25
$4.3M
$2.8M
Q2 25
$4.3M
$2.5M
Q1 25
$3.6M
$2.3M
Q4 24
$3.3M
$2.5M
Q3 24
$4.0M
$2.3M
Q2 24
$4.4M
$2.3M
Q1 24
$4.8M
$2.6M
Net Profit
IVP
IVP
MDRR
MDRR
Q4 25
$-529.6K
Q3 25
$-2.5M
$-395.9K
Q2 25
$-3.0M
$-456.4K
Q1 25
$-2.4M
$-1.0M
Q4 24
$-4.0M
$-281.2K
Q3 24
$-3.5M
$-527.0K
Q2 24
$-3.4M
$-521.7K
Q1 24
$-3.4M
$1.4M
Operating Margin
IVP
IVP
MDRR
MDRR
Q4 25
14.8%
Q3 25
-45.6%
15.8%
Q2 25
-61.1%
9.8%
Q1 25
-55.2%
-23.8%
Q4 24
-46.2%
17.7%
Q3 24
-55.2%
13.0%
Q2 24
-54.5%
9.4%
Q1 24
-59.2%
Net Margin
IVP
IVP
MDRR
MDRR
Q4 25
-18.8%
Q3 25
-58.5%
-14.2%
Q2 25
-70.8%
-18.5%
Q1 25
-66.4%
-43.4%
Q4 24
-119.4%
-11.1%
Q3 24
-86.2%
-22.6%
Q2 24
-77.1%
-22.7%
Q1 24
-70.8%
52.8%
EPS (diluted)
IVP
IVP
MDRR
MDRR
Q4 25
$-0.49
Q3 25
$-0.33
Q2 25
$-0.34
Q1 25
$-0.74
Q4 24
$-0.24
Q3 24
$-0.47
Q2 24
$-0.47
Q1 24
$1.21

Balance Sheet & Financial Strength

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

Metric
IVP
IVP
MDRR
MDRR
Cash + ST InvestmentsLiquidity on hand
$2.6M
Total DebtLower is stronger
$11.8M
$51.4M
Stockholders' EquityBook value
$4.2M
$9.4M
Total Assets
$24.0M
$77.7M
Debt / EquityLower = less leverage
2.82×
5.45×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IVP
IVP
MDRR
MDRR
Q4 25
$2.6M
Q3 25
$1.9M
Q2 25
$2.0M
Q1 25
$2.7M
Q4 24
$523.7K
$4.8M
Q3 24
$681.2K
$3.1M
Q2 24
$7.7K
$3.8M
Q1 24
$69.1K
$3.6M
Total Debt
IVP
IVP
MDRR
MDRR
Q4 25
$51.4M
Q3 25
$11.8M
$63.6M
Q2 25
$12.0M
$49.6M
Q1 25
$11.5M
Q4 24
$12.0M
Q3 24
$12.4M
Q2 24
$14.6M
Q1 24
Stockholders' Equity
IVP
IVP
MDRR
MDRR
Q4 25
$9.4M
Q3 25
$4.2M
$10.4M
Q2 25
$446.3K
$13.4M
Q1 25
$3.0M
$14.0M
Q4 24
$1.6M
$15.0M
Q3 24
$3.0M
$12.6M
Q2 24
$-3.1M
$13.2M
Q1 24
$269.9K
$13.7M
Total Assets
IVP
IVP
MDRR
MDRR
Q4 25
$77.7M
Q3 25
$24.0M
$92.1M
Q2 25
$20.8M
$77.7M
Q1 25
$20.7M
$78.2M
Q4 24
$20.2M
$75.1M
Q3 24
$22.4M
$74.6M
Q2 24
$21.9M
$75.2M
Q1 24
$23.4M
$76.0M
Debt / Equity
IVP
IVP
MDRR
MDRR
Q4 25
5.45×
Q3 25
2.82×
6.13×
Q2 25
26.96×
3.70×
Q1 25
3.84×
Q4 24
7.67×
Q3 24
4.10×
Q2 24
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
IVP
IVP
MDRR
MDRR
Operating Cash FlowLast quarter
$-1.3M
$1.5M
Free Cash FlowOCF − Capex
$-1.3M
$77.0K
FCF MarginFCF / Revenue
-30.7%
2.7%
Capex IntensityCapex / Revenue
1.0%
51.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-4.3M
$1.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IVP
IVP
MDRR
MDRR
Q4 25
$1.5M
Q3 25
$-1.3M
$1.6M
Q2 25
$-898.3K
$244.1K
Q1 25
$-1.4M
$460.0K
Q4 24
$-677.5K
$1.8M
Q3 24
$-6.3M
$139.9K
Q2 24
$149.7K
$778.6K
Q1 24
$-3.2M
$492.4K
Free Cash Flow
IVP
IVP
MDRR
MDRR
Q4 25
$77.0K
Q3 25
$-1.3M
$1000.0K
Q2 25
$-910.9K
$-181.5K
Q1 25
$-1.4M
$322.4K
Q4 24
$-709.4K
$893.7K
Q3 24
$-6.3M
$-164.7K
Q2 24
$126.0K
$645.6K
Q1 24
$-3.3M
$265.8K
FCF Margin
IVP
IVP
MDRR
MDRR
Q4 25
2.7%
Q3 25
-30.7%
35.9%
Q2 25
-21.3%
-7.4%
Q1 25
-38.3%
13.9%
Q4 24
-21.4%
35.4%
Q3 24
-156.4%
-7.0%
Q2 24
2.9%
28.1%
Q1 24
-68.8%
10.3%
Capex Intensity
IVP
IVP
MDRR
MDRR
Q4 25
51.5%
Q3 25
1.0%
20.4%
Q2 25
0.3%
17.3%
Q1 25
0.6%
5.9%
Q4 24
1.0%
35.7%
Q3 24
0.6%
13.0%
Q2 24
0.5%
5.8%
Q1 24
3.2%
8.8%
Cash Conversion
IVP
IVP
MDRR
MDRR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
0.36×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IVP
IVP

Services$3.1M73%
Products$1.2M27%

MDRR
MDRR

Retail Center Properties$1.6M58%
Other$1.2M42%

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