Friday 6 November 2026 Export VSEE’s income statement to Excel — free account

VSee Health, Inc.

VSEE Healthcare Health Information Services

VSee Health, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $14.6 million, up 40.3% from fiscal 2024.

Revenue: −53.9%
EPS: +109.9%
Free cash flow: −257.6%
Total debt: +31.6%

Quarter to June 2026, against a year earlier

1.15 0.00 0.00%

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Market cap: $2.8M
P/E: 0.0×
Fwd P/E: −2.2×
Dividend yield: —
F-score: 4/9
Altman Z: −6.06
Beneish M: −4.22
Dividend safety: n/a

Overview

	Older periods	Sep '25	Dec '25	Mar '26	Jun '26
Piotroski F-Score Full definition →	+8 more TTM periods Free account	—	—	4	4
ROE Full definition →		2,466.75%	(541.52%)	(945.70%)	(1,065.78%)
ROA Full definition →		(46.05%)	(69.39%)	(69.53%)	(56.62%)
ROIC Full definition →		0.00%	(602.00%)	(116.45%)	(93.65%)
Return on Tangible Assets Full definition →		52.22%	193.99%	199.66%	209.77%
Average Days of Receivables Full definition →		65.24	55.96	67.44	64.48
Free Cash Flow per Share Full definition →		(21.93)	(13.86)	(9.21)	(9.40)
Free Cash Flow Full definition →		(4.54)	(3.49)	(5.52)	(6.31)
Capital Expenditures Full definition →		(0.04)	(0.05)	(0.06)	—
Other line items
Cash ROIC Full definition →		100.53%	(31.46%)	(65.31%)	(71.43%)
Accounts Receivable Turnover Full definition →		5.56	7.39	6.39	6.56
Accounts Payable Turnover Full definition →		0.52	0.78	0.86	1.08
Inventory Turnover Full definition →		0.00	0.00	0.00	0.00
Average Days of Payables Full definition →		828.44	468.95	401.06	269.01
Days of Inventory on Hand Full definition →		0.00	0.00	0.00	0.00
Tax Rate Full definition →		0.00	0.22	0.00	(0.01)
Research and Development Expense of Revenue Full definition →		0.00%	0.00%	0.00%	0.00%
Selling, General and Administrative Expense of Revenue Full definition →		106.19%	115.87%	120.50%	143.74%
Share Based Compensation of Revenue Full definition →		8.02%	7.69%	8.12%	7.95%
Interest Coverage Full definition →		(5.83)	(3.41)	(4.89)	(5.78)
Operating CF/Net income Full definition →		0.45	0.23	0.41	0.64
Depreciation/Fixed assets Full definition →		6.48	9.00	9.94	23.09
Capex/Depreciation Full definition →		(0.02)	(0.02)	(0.02)	0.00
Revenue per Share Full definition →		69.73	58.06	24.14	18.83
Operating CF per Share Full definition →		(21.72)	(13.68)	(9.11)	(9.40)
Capex per Share Full definition →		(0.21)	(0.18)	(0.10)	0.00
Capex to Sales Full definition →		0.00	0.00	0.00	0.00

Fold the line items

Columns are period end dates · fundamentals updated 2 Nov 2026

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