LogicMark, Inc. (LGMK) vs VSee Health, Inc. (VSEED)

LogicMark, Inc. and VSee Health, Inc. are both Health Information Services companies. VSee Health, Inc. is the larger, with a market value of $2.8M against $1.7M — 1.6× the size. VSee Health, Inc. grew revenue faster over the last twelve months: 30.5% against 20.6%. LogicMark, Inc. has the higher net margin (−52.0% vs −66.1%) and the higher return on invested capital (−61.9% vs −93.7%). Across the 17 metrics below, LogicMark, Inc. leads on 12 and VSee Health, Inc. on 5.

Valuation

Metric LGMK VSEED Health Information Services median
P/E n/m n/m 39.52
P/S 0.08 14.42 2.65
P/B 0.07 28.41 2.32
Price to free cash flow n/m n/m 16.77
EV/EBITDA 1.33 n/m 12.35
EV/Sales (0.44) 14.44 3.06
Earnings yield (709.26%) (18.41%) (1.68%)
Free cash flow yield (1,994.37%) (2.95%) 0.54%

Profitability

Metric LGMK VSEED Health Information Services median
Gross margin 69.06% 42.00% 63.38%
Operating margin (51.84%) (79.31%) (8.35%)
Net margin (52.03%) (66.11%) (14.70%)
Free cash flow margin (43.42%) (42.15%) 0.58%
Return on equity (40.45%) (1,065.78%) (6.82%)
Return on assets (32.24%) (56.62%) (6.02%)
Return on invested capital (61.94%) (93.65%) 0.00%

Growth

Metric LGMK VSEED Health Information Services median
Revenue growth (TTM) 20.62% 30.51% 8.62%
EPS growth (last fiscal year) 99.88% 87.08% —
Revenue growth, 5-year CAGR 2.66% — 12.36%
Net income growth, 5-year CAGR 0.00% — 0.00%

Health

Metric LGMK VSEED Health Information Services median
Debt to equity 0.00 0.10 0.01
Current ratio 4.88 0.40 2.37
Net debt to EBITDA 1.64 0.67 0.50

Dividend

Metric LGMK VSEED Health Information Services median
Dividend yield — — 0.85%
Payout ratio 0.00 0.00 0.00

Size

Metric LGMK VSEED Health Information Services median
Market cap 1.74m 2.80m 352.86m

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