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永明金融（TOP）与VSEE HEALTH, INC.（VSEE）财务数据对比。点击上方公司名可切换其他公司
VSEE HEALTH, INC.的季度营收约是永明金融的1.4倍（$3.9M vs $2.9M），永明金融净利率更高（6.6% vs -200.0%，领先206.6%）
永明金融是一家总部位于加拿大安大略省多伦多的金融服务公司，创立于1865年，业务遍及全球，主营人寿保险、财富管理与资产管理。截至2024年，该公司管理资产规模超过1.3万亿加元，服务覆盖加拿大、美国、亚洲及多个其他市场。
VSEE HEALTH, INC.是一家总部位于美国的远程医疗科技企业，提供符合HIPAA标准的虚拟诊疗平台、远程问诊工具及慢性病管理解决方案，主要服务北美地区的医疗机构、企业客户及非营利组织。
TOP vs VSEE — 直观对比
营收规模更大
VSEE
是对方的1.4倍
$2.9M
净利率更高
TOP
高出206.6%
-200.0%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.9M | $3.9M |
| 净利润 | $190.5K | $-7.9M |
| 毛利率 | — | 46.7% |
| 营业利润率 | — | -87.6% |
| 净利率 | 6.6% | -200.0% |
| 营收同比 | — | 5.1% |
| 净利润同比 | — | -144.7% |
| 每股收益（稀释后） | — | $-0.31 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收TOPVSEE
| Q4 25 | — | $3.9M | ||
| Q3 25 | $2.9M | $4.0M | ||
| Q2 25 | — | $3.4M | ||
| Q1 25 | — | $3.3M | ||
| Q4 24 | — | $3.7M | ||
| Q3 24 | — | $3.4M | ||
| Q2 24 | — | $1.7M | ||
| Q1 24 | — | $1.6M |
净利润TOPVSEE
| Q4 25 | — | $-7.9M | ||
| Q3 25 | $190.5K | $-289.7K | ||
| Q2 25 | — | $-2.6M | ||
| Q1 25 | — | $-4.0M | ||
| Q4 24 | — | $-3.2M | ||
| Q3 24 | — | $-53.9M | ||
| Q2 24 | — | $-634.1K | ||
| Q1 24 | — | $62.8K |
毛利率TOPVSEE
| 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% | ||
| Q1 24 | — | 76.2% |
营业利润率TOPVSEE
| Q4 25 | — | -87.6% | ||
| Q3 25 | — | -51.7% | ||
| Q2 25 | — | -66.5% | ||
| Q1 25 | — | -55.1% | ||
| Q4 24 | — | -81.1% | ||
| Q3 24 | — | -1737.8% | ||
| Q2 24 | — | -54.5% | ||
| Q1 24 | — | 6.4% |
净利率TOPVSEE
| Q4 25 | — | -200.0% | ||
| Q3 25 | 6.6% | -7.3% | ||
| Q2 25 | — | -77.1% | ||
| Q1 25 | — | -119.2% | ||
| Q4 24 | — | -85.9% | ||
| Q3 24 | — | -1607.5% | ||
| Q2 24 | — | -37.0% | ||
| Q1 24 | — | 3.9% |
每股收益（稀释后）TOPVSEE
| Q4 25 | — | $-0.31 | ||
| Q3 25 | — | $-0.02 | ||
| Q2 25 | — | $-0.16 | ||
| Q1 25 | — | $-0.24 | ||
| Q4 24 | — | $-1.96 | ||
| Q3 24 | — | $-3.58 | ||
| Q2 24 | — | $-0.12 | ||
| Q1 24 | — | $0.01 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $14.8M | $5.3M |
| 总债务越低越好 | — | $2.7M |
| 股东权益账面价值 | $35.0M | $5.5M |
| 总资产 | $64.1M | $22.4M |
| 负债/权益比越低杠杆越低 | — | 0.50× |
8季度趋势，按日历期对齐
现金及短期投资TOPVSEE
| Q4 25 | — | $5.3M | ||
| Q3 25 | $14.8M | $472.8K | ||
| Q2 25 | — | $291.6K | ||
| Q1 25 | — | $410.1K | ||
| Q4 24 | — | $326.1K | ||
| Q3 24 | — | $2.3M | ||
| Q2 24 | — | $1.1M | ||
| Q1 24 | — | $724 |
总债务TOPVSEE
| 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 | ||
| Q1 24 | — | — |
股东权益TOPVSEE
| Q4 25 | — | $5.5M | ||
| Q3 25 | $35.0M | $-5.6M | ||
| Q2 25 | — | $-5.7M | ||
| Q1 25 | — | $-3.5M | ||
| Q4 24 | — | $-18.5K | ||
| Q3 24 | — | $933.1K | ||
| Q2 24 | — | $53.1M | ||
| Q1 24 | — | $-13.2M |
总资产TOPVSEE
| Q4 25 | — | $22.4M | ||
| Q3 25 | $64.1M | $18.7M | ||
| Q2 25 | — | $18.2M | ||
| Q1 25 | — | $19.4M | ||
| Q4 24 | — | $20.0M | ||
| Q3 24 | — | $22.3M | ||
| Q2 24 | — | $78.6M | ||
| Q1 24 | — | $1.4M |
负债/权益比TOPVSEE
| Q4 25 | — | 0.50× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.08× | ||
| Q2 24 | — | 0.05× | ||
| Q1 24 | — | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | — | $-1.9M |
| 自由现金流经营现金流 - 资本支出 | — | $-1.9M |
| 自由现金流率自由现金流/营收 | — | -49.2% |
| 资本支出强度资本支出/营收 | — | 0.2% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $-3.5M |
8季度趋势，按日历期对齐
经营现金流TOPVSEE
| Q4 25 | — | $-1.9M | ||
| Q3 25 | — | $-754.5K | ||
| Q2 25 | — | $-324.6K | ||
| Q1 25 | — | $-440.5K | ||
| Q4 24 | — | $-3.0M | ||
| Q3 24 | — | $-221.0K | ||
| Q2 24 | — | $-3.2M | ||
| Q1 24 | — | $579.3K |
自由现金流TOPVSEE
| Q4 25 | — | $-1.9M | ||
| Q3 25 | — | $-761.8K | ||
| Q2 25 | — | $-328.2K | ||
| Q1 25 | — | $-452.4K | ||
| Q4 24 | — | $-3.0M | ||
| Q3 24 | — | $-226.0K | ||
| Q2 24 | — | $-3.2M | ||
| Q1 24 | — | $570.5K |
自由现金流率TOPVSEE
| Q4 25 | — | -49.2% | ||
| Q3 25 | — | -19.1% | ||
| Q2 25 | — | -9.7% | ||
| Q1 25 | — | -13.6% | ||
| Q4 24 | — | -79.8% | ||
| Q3 24 | — | -6.7% | ||
| Q2 24 | — | -187.6% | ||
| Q1 24 | — | 35.2% |
资本支出强度TOPVSEE
| Q4 25 | — | 0.2% | ||
| Q3 25 | — | 0.2% | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | — | 0.4% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 2.1% | ||
| Q1 24 | — | 0.5% |
现金转化率TOPVSEE
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 9.23× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
TOP
暂无分部数据
VSEE
| Professional Services And Other Fees | $3.1M | 79% |
| Other | $823.2K | 21% |
