vs

Side-by-side financial comparison of MANHATTAN BRIDGE CAPITAL, INC (LOAN) 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 $2.1M, roughly 1.9× MANHATTAN BRIDGE CAPITAL, INC). MANHATTAN BRIDGE CAPITAL, INC runs the higher net margin — 61.6% vs -200.0%, a 261.6% gap on every dollar of revenue. On growth, VSEE HEALTH, INC. posted the faster year-over-year revenue change (5.1% vs -9.1%). Over the past eight quarters, VSEE HEALTH, INC.'s revenue compounded faster (55.6% CAGR vs -8.0%).

Manhattan Bridge Capital, Inc. is a U.S.-based real estate finance firm that provides short-term asset-backed secured loans primarily to real estate investors. Its core offerings include bridge loans for residential and commercial property acquisitions, rehabilitation, and refinancing, serving clients across key U.S. real estate markets.

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.

LOAN vs VSEE — Head-to-Head

Bigger by revenue
VSEE
VSEE
1.9× larger
VSEE
$3.9M
$2.1M
LOAN
Growing faster (revenue YoY)
VSEE
VSEE
+14.2% gap
VSEE
5.1%
-9.1%
LOAN
Higher net margin
LOAN
LOAN
261.6% more per $
LOAN
61.6%
-200.0%
VSEE
Faster 2-yr revenue CAGR
VSEE
VSEE
Annualised
VSEE
55.6%
-8.0%
LOAN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
LOAN
LOAN
VSEE
VSEE
Revenue
$2.1M
$3.9M
Net Profit
$1.3M
$-7.9M
Gross Margin
46.7%
Operating Margin
61.4%
-87.6%
Net Margin
61.6%
-200.0%
Revenue YoY
-9.1%
5.1%
Net Profit YoY
-7.2%
-144.7%
EPS (diluted)
$0.11
$-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
LOAN
LOAN
VSEE
VSEE
Q1 26
$2.1M
Q4 25
$2.0M
$3.9M
Q3 25
$2.0M
$4.0M
Q2 25
$2.4M
$3.4M
Q1 25
$2.3M
$3.3M
Q4 24
$2.4M
$3.7M
Q3 24
$2.3M
$3.4M
Q2 24
$2.4M
$1.7M
Net Profit
LOAN
LOAN
VSEE
VSEE
Q1 26
$1.3M
Q4 25
$1.1M
$-7.9M
Q3 25
$1.2M
$-289.7K
Q2 25
$1.4M
$-2.6M
Q1 25
$1.4M
$-4.0M
Q4 24
$1.3M
$-3.2M
Q3 24
$1.4M
$-53.9M
Q2 24
$1.4M
$-634.1K
Gross Margin
LOAN
LOAN
VSEE
VSEE
Q1 26
Q4 25
46.7%
Q3 25
52.1%
Q2 25
46.9%
Q1 25
56.0%
Q4 24
63.8%
Q3 24
83.0%
Q2 24
45.4%
Operating Margin
LOAN
LOAN
VSEE
VSEE
Q1 26
61.4%
Q4 25
55.9%
-87.6%
Q3 25
58.8%
-51.7%
Q2 25
59.9%
-66.5%
Q1 25
60.2%
-55.1%
Q4 24
55.2%
-81.1%
Q3 24
60.3%
-1737.8%
Q2 24
57.5%
-54.5%
Net Margin
LOAN
LOAN
VSEE
VSEE
Q1 26
61.6%
Q4 25
56.1%
-200.0%
Q3 25
59.1%
-7.3%
Q2 25
60.0%
-77.1%
Q1 25
60.4%
-119.2%
Q4 24
55.4%
-85.9%
Q3 24
60.5%
-1607.5%
Q2 24
57.7%
-37.0%
EPS (diluted)
LOAN
LOAN
VSEE
VSEE
Q1 26
$0.11
Q4 25
$0.10
$-0.31
Q3 25
$0.11
$-0.02
Q2 25
$0.12
$-0.16
Q1 25
$0.12
$-0.24
Q4 24
$0.12
$-1.96
Q3 24
$0.12
$-3.58
Q2 24
$0.12
$-0.12

Balance Sheet & Financial Strength

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

Metric
LOAN
LOAN
VSEE
VSEE
Cash + ST InvestmentsLiquidity on hand
$5.3M
Total DebtLower is stronger
$2.7M
Stockholders' EquityBook value
$43.1M
$5.5M
Total Assets
$64.3M
$22.4M
Debt / EquityLower = less leverage
0.50×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LOAN
LOAN
VSEE
VSEE
Q1 26
Q4 25
$5.3M
Q3 25
$472.8K
Q2 25
$291.6K
Q1 25
$410.1K
Q4 24
$326.1K
Q3 24
$2.3M
Q2 24
$1.1M
Total Debt
LOAN
LOAN
VSEE
VSEE
Q1 26
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
Stockholders' Equity
LOAN
LOAN
VSEE
VSEE
Q1 26
$43.1M
Q4 25
$43.1M
$5.5M
Q3 25
$43.3M
$-5.6M
Q2 25
$43.4M
$-5.7M
Q1 25
$43.3M
$-3.5M
Q4 24
$43.3M
$-18.5K
Q3 24
$43.3M
$933.1K
Q2 24
$43.2M
$53.1M
Total Assets
LOAN
LOAN
VSEE
VSEE
Q1 26
$64.3M
Q4 25
$62.4M
$22.4M
Q3 25
$60.0M
$18.7M
Q2 25
$67.6M
$18.2M
Q1 25
$65.8M
$19.4M
Q4 24
$67.4M
$20.0M
Q3 24
$70.7M
$22.3M
Q2 24
$68.8M
$78.6M
Debt / Equity
LOAN
LOAN
VSEE
VSEE
Q1 26
Q4 25
0.50×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
2.08×
Q2 24
0.05×

Cash Flow & Capital Efficiency

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

Metric
LOAN
LOAN
VSEE
VSEE
Operating Cash FlowLast quarter
$1.3M
$-1.9M
Free Cash FlowOCF − Capex
$-1.9M
FCF MarginFCF / Revenue
-49.2%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
0.99×
TTM Free Cash FlowTrailing 4 quarters
$-3.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LOAN
LOAN
VSEE
VSEE
Q1 26
$1.3M
Q4 25
$4.9M
$-1.9M
Q3 25
$1.4M
$-754.5K
Q2 25
$1.2M
$-324.6K
Q1 25
$1.2M
$-440.5K
Q4 24
$4.9M
$-3.0M
Q3 24
$1.2M
$-221.0K
Q2 24
$1.3M
$-3.2M
Free Cash Flow
LOAN
LOAN
VSEE
VSEE
Q1 26
Q4 25
$4.9M
$-1.9M
Q3 25
$-761.8K
Q2 25
$-328.2K
Q1 25
$-452.4K
Q4 24
$4.9M
$-3.0M
Q3 24
$1.2M
$-226.0K
Q2 24
$-3.2M
FCF Margin
LOAN
LOAN
VSEE
VSEE
Q1 26
Q4 25
246.2%
-49.2%
Q3 25
-19.1%
Q2 25
-9.7%
Q1 25
-13.6%
Q4 24
208.9%
-79.8%
Q3 24
53.3%
-6.7%
Q2 24
-187.6%
Capex Intensity
LOAN
LOAN
VSEE
VSEE
Q1 26
Q4 25
0.0%
0.2%
Q3 25
0.0%
0.2%
Q2 25
0.1%
Q1 25
0.4%
Q4 24
0.2%
0.1%
Q3 24
0.1%
0.1%
Q2 24
2.1%
Cash Conversion
LOAN
LOAN
VSEE
VSEE
Q1 26
0.99×
Q4 25
4.39×
Q3 25
1.16×
Q2 25
0.87×
Q1 25
0.86×
Q4 24
3.78×
Q3 24
0.88×
Q2 24
0.91×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LOAN
LOAN

Segment breakdown not available.

VSEE
VSEE

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

Related Comparisons