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Side-by-side financial comparison of INSPIRE VETERINARY PARTNERS, INC. (IVP) and MIND CTI LTD (MNDO). Click either name above to swap in a different company.

MIND CTI LTD is the larger business by last-quarter revenue ($4.9M vs $4.3M, roughly 1.1× INSPIRE VETERINARY PARTNERS, INC.). MIND CTI LTD runs the higher net margin — 19.4% vs -58.5%, a 78.0% gap on every dollar of revenue. MIND CTI LTD produced more free cash flow last quarter ($4.0M vs $-1.3M). Over the past eight quarters, INSPIRE VETERINARY PARTNERS, INC.'s revenue compounded faster (2.4% CAGR vs -45.1%).

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.

MIND CTI Ltd. is a global provider of billing and customer care solutions and messaging services for voice, data, video and content services. Headquartered in Yokneam, Israel; the company also has offices in the United States of America, Iaşi in Romania and in Germany.

IVP vs MNDO — Head-to-Head

Bigger by revenue
MNDO
MNDO
1.1× larger
MNDO
$4.9M
$4.3M
IVP
Higher net margin
MNDO
MNDO
78.0% more per $
MNDO
19.4%
-58.5%
IVP
More free cash flow
MNDO
MNDO
$5.3M more FCF
MNDO
$4.0M
$-1.3M
IVP
Faster 2-yr revenue CAGR
IVP
IVP
Annualised
IVP
2.4%
-45.1%
MNDO

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
IVP
IVP
MNDO
MNDO
Revenue
$4.3M
$4.9M
Net Profit
$-2.5M
$950.0K
Gross Margin
55.4%
Operating Margin
-45.6%
16.5%
Net Margin
-58.5%
19.4%
Revenue YoY
6.6%
Net Profit YoY
27.6%
EPS (diluted)
$0.05

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
MNDO
MNDO
Q4 25
$4.9M
Q3 25
$4.3M
$16.2M
Q2 25
$4.3M
$11.0M
Q1 25
$3.6M
Q4 24
$3.3M
$5.2M
Q3 24
$4.0M
$16.0M
Q2 24
$4.4M
$10.7M
Q1 24
$4.8M
Net Profit
IVP
IVP
MNDO
MNDO
Q4 25
$950.0K
Q3 25
$-2.5M
$3.4M
Q2 25
$-3.0M
$2.5M
Q1 25
$-2.4M
Q4 24
$-4.0M
$1.2M
Q3 24
$-3.5M
$3.7M
Q2 24
$-3.4M
$2.5M
Q1 24
$-3.4M
Gross Margin
IVP
IVP
MNDO
MNDO
Q4 25
55.4%
Q3 25
48.3%
Q2 25
50.6%
Q1 25
Q4 24
55.6%
Q3 24
50.6%
Q2 24
50.4%
Q1 24
Operating Margin
IVP
IVP
MNDO
MNDO
Q4 25
16.5%
Q3 25
-45.6%
18.8%
Q2 25
-61.1%
21.0%
Q1 25
-55.2%
Q4 24
-46.2%
25.4%
Q3 24
-55.2%
22.5%
Q2 24
-54.5%
22.2%
Q1 24
-59.2%
Net Margin
IVP
IVP
MNDO
MNDO
Q4 25
19.4%
Q3 25
-58.5%
20.9%
Q2 25
-70.8%
22.3%
Q1 25
-66.4%
Q4 24
-119.4%
23.8%
Q3 24
-86.2%
23.3%
Q2 24
-77.1%
23.1%
Q1 24
-70.8%
EPS (diluted)
IVP
IVP
MNDO
MNDO
Q4 25
$0.05
Q3 25
$0.16
Q2 25
$0.12
Q1 25
Q4 24
$0.06
Q3 24
$0.18
Q2 24
$0.12
Q1 24

Balance Sheet & Financial Strength

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

Metric
IVP
IVP
MNDO
MNDO
Cash + ST InvestmentsLiquidity on hand
$8.3M
Total DebtLower is stronger
$11.8M
Stockholders' EquityBook value
$4.2M
$23.0M
Total Assets
$24.0M
$30.2M
Debt / EquityLower = less leverage
2.82×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IVP
IVP
MNDO
MNDO
Q4 25
$8.3M
Q3 25
$4.5M
Q2 25
$4.5M
Q1 25
Q4 24
$523.7K
$4.6M
Q3 24
$681.2K
$3.0M
Q2 24
$7.7K
$3.0M
Q1 24
$69.1K
Total Debt
IVP
IVP
MNDO
MNDO
Q4 25
Q3 25
$11.8M
Q2 25
$12.0M
Q1 25
$11.5M
Q4 24
$12.0M
Q3 24
$12.4M
Q2 24
$14.6M
Q1 24
Stockholders' Equity
IVP
IVP
MNDO
MNDO
Q4 25
$23.0M
Q3 25
$4.2M
$24.3M
Q2 25
$446.3K
$24.3M
Q1 25
$3.0M
Q4 24
$1.6M
$24.3M
Q3 24
$3.0M
$24.5M
Q2 24
$-3.1M
$24.5M
Q1 24
$269.9K
Total Assets
IVP
IVP
MNDO
MNDO
Q4 25
$30.2M
Q3 25
$24.0M
$30.7M
Q2 25
$20.8M
$30.7M
Q1 25
$20.7M
Q4 24
$20.2M
$30.7M
Q3 24
$22.4M
$31.6M
Q2 24
$21.9M
$31.6M
Q1 24
$23.4M
Debt / Equity
IVP
IVP
MNDO
MNDO
Q4 25
Q3 25
2.82×
Q2 25
26.96×
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
MNDO
MNDO
Operating Cash FlowLast quarter
$-1.3M
$4.0M
Free Cash FlowOCF − Capex
$-1.3M
$4.0M
FCF MarginFCF / Revenue
-30.7%
81.0%
Capex IntensityCapex / Revenue
1.0%
0.6%
Cash ConversionOCF / Net Profit
4.20×
TTM Free Cash FlowTrailing 4 quarters
$-4.3M
$14.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IVP
IVP
MNDO
MNDO
Q4 25
$4.0M
Q3 25
$-1.3M
$3.8M
Q2 25
$-898.3K
$2.9M
Q1 25
$-1.4M
Q4 24
$-677.5K
$4.1M
Q3 24
$-6.3M
$3.4M
Q2 24
$149.7K
$2.4M
Q1 24
$-3.2M
Free Cash Flow
IVP
IVP
MNDO
MNDO
Q4 25
$4.0M
Q3 25
$-1.3M
$3.8M
Q2 25
$-910.9K
$2.9M
Q1 25
$-1.4M
Q4 24
$-709.4K
$4.1M
Q3 24
$-6.3M
$3.3M
Q2 24
$126.0K
$2.4M
Q1 24
$-3.3M
FCF Margin
IVP
IVP
MNDO
MNDO
Q4 25
81.0%
Q3 25
-30.7%
23.4%
Q2 25
-21.3%
25.8%
Q1 25
-38.3%
Q4 24
-21.4%
78.9%
Q3 24
-156.4%
20.8%
Q2 24
2.9%
22.1%
Q1 24
-68.8%
Capex Intensity
IVP
IVP
MNDO
MNDO
Q4 25
0.6%
Q3 25
1.0%
0.0%
Q2 25
0.3%
0.0%
Q1 25
0.6%
Q4 24
1.0%
0.2%
Q3 24
0.6%
0.3%
Q2 24
0.5%
0.4%
Q1 24
3.2%
Cash Conversion
IVP
IVP
MNDO
MNDO
Q4 25
4.20×
Q3 25
1.12×
Q2 25
1.16×
Q1 25
Q4 24
3.32×
Q3 24
0.91×
Q2 24
0.97×
Q1 24

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%

MNDO
MNDO

Segment breakdown not available.

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