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Side-by-side financial comparison of Velocity Financial, Inc. (VEL) and VIEMED HEALTHCARE, INC. (VMD). Click either name above to swap in a different company.
VIEMED HEALTHCARE, INC. is the larger business by last-quarter revenue ($76.2M vs $51.6M, roughly 1.5× Velocity Financial, Inc.). Velocity Financial, Inc. runs the higher net margin — 67.3% vs 7.4%, a 59.9% gap on every dollar of revenue. On growth, Velocity Financial, Inc. posted the faster year-over-year revenue change (32.8% vs 25.5%). Velocity Financial, Inc. produced more free cash flow last quarter ($17.9M vs $9.7M). Over the past eight quarters, Velocity Financial, Inc.'s revenue compounded faster (32.3% CAGR vs 22.7%).
Velocity Financial, Inc. is a U.S.-headquartered real estate finance company that offers specialized mortgage loan solutions primarily for residential investment properties. It partners with independent mortgage brokers nationwide, providing real estate investors with short-term bridge loans and long-term rental property financing options tailored to their operational needs.
Viemed Healthcare, Inc. is a medical technology firm specializing in respiratory care solutions. It develops, manufactures and distributes portable ventilators, respiratory therapy devices and related support services, catering to acute care, post-acute care and home care segments across North America, Europe and key Asia-Pacific markets for patients with respiratory conditions.
VEL vs VMD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $51.6M | $76.2M |
| Net Profit | $34.8M | $5.6M |
| Gross Margin | — | 57.9% |
| Operating Margin | 97.0% | 11.0% |
| Net Margin | 67.3% | 7.4% |
| Revenue YoY | 32.8% | 25.5% |
| Net Profit YoY | 67.0% | 30.7% |
| EPS (diluted) | $0.90 | $0.14 |
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.
| Q4 25 | $51.6M | $76.2M | ||
| Q3 25 | $49.1M | $71.9M | ||
| Q2 25 | $47.6M | $63.1M | ||
| Q1 25 | $37.5M | $59.1M | ||
| Q4 24 | $38.9M | $60.7M | ||
| Q3 24 | $35.1M | $58.0M | ||
| Q2 24 | $32.4M | $55.0M | ||
| Q1 24 | $29.5M | $50.6M |
| Q4 25 | $34.8M | $5.6M | ||
| Q3 25 | $25.4M | $3.5M | ||
| Q2 25 | $26.0M | $3.2M | ||
| Q1 25 | $18.9M | $2.6M | ||
| Q4 24 | $20.8M | $4.3M | ||
| Q3 24 | $15.8M | $3.9M | ||
| Q2 24 | $14.8M | $1.5M | ||
| Q1 24 | $17.3M | $1.6M |
| Q4 25 | — | 57.9% | ||
| Q3 25 | — | 57.5% | ||
| Q2 25 | — | 58.3% | ||
| Q1 25 | — | 56.3% | ||
| Q4 24 | — | 59.5% | ||
| Q3 24 | — | 59.3% | ||
| Q2 24 | — | 59.8% | ||
| Q1 24 | — | 58.9% |
| Q4 25 | 97.0% | 11.0% | ||
| Q3 25 | 72.1% | 7.8% | ||
| Q2 25 | 71.3% | 8.1% | ||
| Q1 25 | 71.7% | 6.5% | ||
| Q4 24 | 82.5% | 10.6% | ||
| Q3 24 | 60.6% | 9.7% | ||
| Q2 24 | 61.3% | 6.6% | ||
| Q1 24 | 78.8% | 4.4% |
| Q4 25 | 67.3% | 7.4% | ||
| Q3 25 | 51.7% | 4.9% | ||
| Q2 25 | 54.6% | 5.0% | ||
| Q1 25 | 50.4% | 4.4% | ||
| Q4 24 | 53.5% | 7.1% | ||
| Q3 24 | 45.1% | 6.7% | ||
| Q2 24 | 45.6% | 2.7% | ||
| Q1 24 | 58.5% | 3.2% |
| Q4 25 | $0.90 | $0.14 | ||
| Q3 25 | $0.65 | $0.09 | ||
| Q2 25 | $0.69 | $0.08 | ||
| Q1 25 | $0.51 | $0.06 | ||
| Q4 24 | $0.56 | $0.10 | ||
| Q3 24 | $0.44 | $0.10 | ||
| Q2 24 | $0.42 | $0.04 | ||
| Q1 24 | $0.49 | $0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $92.1M | $13.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $672.5M | $141.5M |
| Total Assets | $7.4B | $199.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $92.1M | $13.5M | ||
| Q3 25 | $99.0M | $11.1M | ||
| Q2 25 | $79.6M | $20.0M | ||
| Q1 25 | $51.7M | $10.2M | ||
| Q4 24 | $49.9M | $17.5M | ||
| Q3 24 | $44.1M | $11.3M | ||
| Q2 24 | $47.4M | $8.8M | ||
| Q1 24 | $34.8M | $7.3M |
| Q4 25 | $672.5M | $141.5M | ||
| Q3 25 | $634.3M | $133.6M | ||
| Q2 25 | $597.9M | $139.7M | ||
| Q1 25 | $563.2M | $134.8M | ||
| Q4 24 | $516.9M | $131.4M | ||
| Q3 24 | $484.6M | $125.0M | ||
| Q2 24 | $471.3M | $119.4M | ||
| Q1 24 | $452.9M | $116.3M |
| Q4 25 | $7.4B | $199.2M | ||
| Q3 25 | $7.0B | $202.4M | ||
| Q2 25 | $6.5B | $184.6M | ||
| Q1 25 | $6.0B | $178.1M | ||
| Q4 24 | $5.5B | $177.1M | ||
| Q3 24 | $5.2B | $169.5M | ||
| Q2 24 | $4.9B | $163.9M | ||
| Q1 24 | $4.6B | $154.9M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $18.2M | $18.4M |
| Free Cash FlowOCF − Capex | $17.9M | $9.7M |
| FCF MarginFCF / Revenue | 34.6% | 12.7% |
| Capex IntensityCapex / Revenue | 0.5% | 11.5% |
| Cash ConversionOCF / Net Profit | 0.52× | 3.27× |
| TTM Free Cash FlowTrailing 4 quarters | $40.3M | $11.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $18.2M | $18.4M | ||
| Q3 25 | $11.5M | $18.4M | ||
| Q2 25 | $7.7M | $12.3M | ||
| Q1 25 | $3.5M | $2.9M | ||
| Q4 24 | $37.8M | $15.0M | ||
| Q3 24 | $-17.6M | $12.7M | ||
| Q2 24 | $11.5M | $10.2M | ||
| Q1 24 | $10.6M | $1.2M |
| Q4 25 | $17.9M | $9.7M | ||
| Q3 25 | $11.4M | $10.7M | ||
| Q2 25 | $7.6M | $4.1M | ||
| Q1 25 | $3.5M | $-12.6M | ||
| Q4 24 | $37.5M | $3.2M | ||
| Q3 24 | $-17.6M | $1.7M | ||
| Q2 24 | $11.4M | $1.2M | ||
| Q1 24 | $10.5M | $-4.8M |
| Q4 25 | 34.6% | 12.7% | ||
| Q3 25 | 23.2% | 14.9% | ||
| Q2 25 | 15.9% | 6.5% | ||
| Q1 25 | 9.2% | -21.4% | ||
| Q4 24 | 96.4% | 5.2% | ||
| Q3 24 | -50.3% | 3.0% | ||
| Q2 24 | 35.1% | 2.3% | ||
| Q1 24 | 35.8% | -9.5% |
| Q4 25 | 0.5% | 11.5% | ||
| Q3 25 | 0.1% | 10.6% | ||
| Q2 25 | 0.2% | 12.9% | ||
| Q1 25 | 0.2% | 26.2% | ||
| Q4 24 | 0.7% | 19.5% | ||
| Q3 24 | 0.2% | 19.0% | ||
| Q2 24 | 0.3% | 16.3% | ||
| Q1 24 | 0.1% | 11.9% |
| Q4 25 | 0.52× | 3.27× | ||
| Q3 25 | 0.45× | 5.23× | ||
| Q2 25 | 0.29× | 3.88× | ||
| Q1 25 | 0.19× | 1.09× | ||
| Q4 24 | 1.81× | 3.47× | ||
| Q3 24 | -1.11× | 3.29× | ||
| Q2 24 | 0.78× | 6.94× | ||
| Q1 24 | 0.61× | 0.73× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
VEL
| Related Party | $19.3M | 37% |
| Nonrelated Party | $16.9M | 33% |
| Other | $15.4M | 30% |
VMD
Segment breakdown not available.
