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Side-by-side financial comparison of Terra Property Trust, Inc. (TPTA) and Venus Concept Inc. (VERO). Click either name above to swap in a different company.

Venus Concept Inc. is the larger business by last-quarter revenue ($13.8M vs $7.1M, roughly 1.9× Terra Property Trust, Inc.). Terra Property Trust, Inc. runs the higher net margin — -150.2% vs -163.8%, a 13.6% gap on every dollar of revenue. On growth, Venus Concept Inc. posted the faster year-over-year revenue change (-8.2% vs -37.4%). Over the past eight quarters, Venus Concept Inc.'s revenue compounded faster (-12.8% CAGR vs -31.3%).

The National Savings and Trust Company is a historic bank building located at the corner of New York Avenue and 15th Street, NW in Downtown Washington, D.C. It has also been known as the National Safe Deposit Company and the National Safe Deposit Savings and Trust Company.

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.

TPTA vs VERO — Head-to-Head

Bigger by revenue
VERO
VERO
1.9× larger
VERO
$13.8M
$7.1M
TPTA
Growing faster (revenue YoY)
VERO
VERO
+29.2% gap
VERO
-8.2%
-37.4%
TPTA
Higher net margin
TPTA
TPTA
13.6% more per $
TPTA
-150.2%
-163.8%
VERO
Faster 2-yr revenue CAGR
VERO
VERO
Annualised
VERO
-12.8%
-31.3%
TPTA

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
TPTA
TPTA
VERO
VERO
Revenue
$7.1M
$13.8M
Net Profit
$-10.6M
$-22.6M
Gross Margin
64.0%
Operating Margin
-48.8%
-68.9%
Net Margin
-150.2%
-163.8%
Revenue YoY
-37.4%
-8.2%
Net Profit YoY
32.0%
-143.0%
EPS (diluted)
$-0.43
$-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
TPTA
TPTA
VERO
VERO
Q4 25
$7.1M
Q3 25
$7.3M
$13.8M
Q2 25
$8.6M
$15.7M
Q1 25
$12.5M
$13.6M
Q4 24
$11.3M
$15.8M
Q3 24
$12.2M
$15.0M
Q2 24
$11.2M
$16.6M
Q1 24
$15.0M
$17.5M
Net Profit
TPTA
TPTA
VERO
VERO
Q4 25
$-10.6M
Q3 25
$-6.7M
$-22.6M
Q2 25
$-9.2M
$-11.7M
Q1 25
$-1.3M
$-12.4M
Q4 24
$-15.6M
$-8.0M
Q3 24
$-7.8M
$-9.3M
Q2 24
$-7.5M
$-20.0M
Q1 24
$-6.2M
$-9.8M
Gross Margin
TPTA
TPTA
VERO
VERO
Q4 25
Q3 25
64.0%
Q2 25
60.1%
Q1 25
64.2%
Q4 24
69.1%
Q3 24
66.1%
Q2 24
71.5%
Q1 24
66.6%
Operating Margin
TPTA
TPTA
VERO
VERO
Q4 25
-48.8%
Q3 25
6.7%
-68.9%
Q2 25
-28.4%
-57.6%
Q1 25
32.8%
-69.8%
Q4 24
-72.3%
-42.3%
Q3 24
54.1%
-47.7%
Q2 24
6.3%
-33.7%
Q1 24
32.0%
-44.4%
Net Margin
TPTA
TPTA
VERO
VERO
Q4 25
-150.2%
Q3 25
-92.4%
-163.8%
Q2 25
-106.5%
-74.7%
Q1 25
-10.3%
-90.6%
Q4 24
-138.3%
-50.5%
Q3 24
-63.9%
-61.9%
Q2 24
-67.5%
-120.3%
Q1 24
-41.2%
-56.0%
EPS (diluted)
TPTA
TPTA
VERO
VERO
Q4 25
$-0.43
Q3 25
$-0.28
$-12.14
Q2 25
$-0.38
$-8.03
Q1 25
$-0.05
$-17.44
Q4 24
$-0.65
$-10.26
Q3 24
$-0.32
$-13.10
Q2 24
$-0.31
$-30.93
Q1 24
$-0.25
$-16.92

Balance Sheet & Financial Strength

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

Metric
TPTA
TPTA
VERO
VERO
Cash + ST InvestmentsLiquidity on hand
$33.2M
$4.3M
Total DebtLower is stronger
$178.9M
Stockholders' EquityBook value
$146.5M
$2.7M
Total Assets
$351.5M
$61.6M
Debt / EquityLower = less leverage
1.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TPTA
TPTA
VERO
VERO
Q4 25
$33.2M
Q3 25
$17.4M
$4.3M
Q2 25
$5.9M
$3.9M
Q1 25
$11.9M
$3.2M
Q4 24
$8.6M
$4.3M
Q3 24
$21.2M
$4.5M
Q2 24
$18.9M
$5.7M
Q1 24
$17.9M
$5.1M
Total Debt
TPTA
TPTA
VERO
VERO
Q4 25
$178.9M
Q3 25
$211.9M
Q2 25
$260.2M
Q1 25
$286.7M
Q4 24
$326.1M
Q3 24
$312.9M
Q2 24
$383.8M
Q1 24
$377.6M
Stockholders' Equity
TPTA
TPTA
VERO
VERO
Q4 25
$146.5M
Q3 25
$159.7M
$2.7M
Q2 25
$168.5M
$2.3M
Q1 25
$179.9M
$2.3M
Q4 24
$185.7M
$2.4M
Q3 24
$206.2M
$10.1M
Q2 24
$218.6M
$3.7M
Q1 24
$230.5M
$-22.5M
Total Assets
TPTA
TPTA
VERO
VERO
Q4 25
$351.5M
Q3 25
$398.1M
$61.6M
Q2 25
$459.3M
$63.1M
Q1 25
$495.2M
$63.5M
Q4 24
$542.8M
$68.2M
Q3 24
$546.8M
$72.3M
Q2 24
$634.4M
$79.8M
Q1 24
$640.2M
$85.1M
Debt / Equity
TPTA
TPTA
VERO
VERO
Q4 25
1.22×
Q3 25
1.33×
Q2 25
1.54×
Q1 25
1.59×
Q4 24
1.76×
Q3 24
1.52×
Q2 24
1.76×
Q1 24
1.64×

Cash Flow & Capital Efficiency

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

Metric
TPTA
TPTA
VERO
VERO
Operating Cash FlowLast quarter
$1.9M
$-4.9M
Free Cash FlowOCF − Capex
$-4.9M
FCF MarginFCF / Revenue
-35.6%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-20.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TPTA
TPTA
VERO
VERO
Q4 25
$1.9M
Q3 25
$-4.3M
$-4.9M
Q2 25
$1.2M
$-5.4M
Q1 25
$861.6K
$-6.3M
Q4 24
$-3.3M
$-3.8M
Q3 24
$1.7M
$-3.0M
Q2 24
$-3.1M
$-1.3M
Q1 24
$-4.2M
$-2.9M
Free Cash Flow
TPTA
TPTA
VERO
VERO
Q4 25
Q3 25
$-4.9M
Q2 25
$-5.6M
Q1 25
$-6.3M
Q4 24
$-3.9M
Q3 24
$-3.1M
Q2 24
$-1.4M
Q1 24
$-2.9M
FCF Margin
TPTA
TPTA
VERO
VERO
Q4 25
Q3 25
-35.6%
Q2 25
-35.8%
Q1 25
-46.5%
Q4 24
-24.7%
Q3 24
-20.3%
Q2 24
-8.2%
Q1 24
-16.6%
Capex Intensity
TPTA
TPTA
VERO
VERO
Q4 25
Q3 25
0.1%
Q2 25
1.0%
Q1 25
0.3%
Q4 24
0.0%
0.5%
Q3 24
0.0%
Q2 24
0.1%
Q1 24
0.1%

Financial Flow Comparison

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

Revenue Breakdown by Segment

TPTA
TPTA

Segment breakdown not available.

VERO
VERO

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

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