Top Page
VSee Health
(NASDAQ:VSEE)
VSee Health (VSEE) vs. S&P 500 (SPY)
VSee Health Business Overview & Revenue Model
VSee Health Financial Statement Overview
| Breakdown | ||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 8.06M | 5.84M | 6.38M | 7.34M | 6.80M | Gross Profit |
| 5.85M | 3.91M | 4.84M | 5.92M | 5.46M | EBIT |
| -58.87M | -1.47M | -3.59M | -282.67K | 404.50K | EBITDA |
| -55.26M | -2.24M | -1.59M | -282.67K | -45.03K | Net Income Common Stockholders |
| -55.91M | -3.45M | -3.24M | -280.70K | 258.88K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 230.66K | 118.73K | 107.00K | 760.01K | 775.24K | Total Assets |
| 2.61M | 830.79K | 7.63M | 117.94M | 2.73M | Total Debt |
| 517.13K | 543.00K | 642.80K | 0.00 | 133.08K | Net Debt |
| 286.47K | 424.27K | 535.80K | -760.01K | -642.16K | Total Liabilities |
| 2.61M | 4.24M | 7.67M | 4.55M | 2.11M | Stockholders Equity |
| 360.72K | -3.09M | -31.25K | 113.39M | 614.49K |
| Cash Flow | Free Cash Flow | |||
| -2.27M | -636.93K | -1.45M | -600.11K | 789.12K | Operating Cash Flow |
| -2.21M | -632.60K | -1.45M | -600.11K | 789.12K | Investing Cash Flow |
| 6.78M | 6.52M | 110.12M | -116.73M | 0.00 | Financing Cash Flow |
| -1.45M | -5.66M | -109.32M | 118.09M | -83.67K |
VSee Health Technical Analysis
VSee Health Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | $9.68B | 52.76 | 21.24% | ― | 17.47% | 49.87% | |
71 Outperform | $5.96B | 50.92 | 30.71% | ― | 69.33% | ― | |
67 Neutral | $1.66B | 103.76 | 2.21% | ― | 5.61% | ― | |
64 Neutral | $13.37B | 9.30 | 9.39% | 4.85% | 16.11% | -8.85% | |
46 Neutral | $17.07M | ― | -3190.66% | ― | ― | -806.84% | |
45 Neutral | $1.27B | ― | -52.46% | ― | -1.26% | -338.56% | |
43 Neutral | $110.21M | ― | -54.13% | ― | -1.81% | 70.88% |
VSee Health Corporate Events
On January 27, 2025, VSee Health announced a contract renewal worth approximately $870,000 with a nationwide mental and behavioral healthcare provider. This renewal highlights VSee’s strong client retention and the value of its platform in delivering high-quality mental healthcare solutions. As the digital mental health market is expected to grow significantly, VSee is well-positioned to capitalize on this opportunity with its innovative telehealth technology.
On January 21, 2025, VSee Health announced contracts worth approximately $935,000 with several medical technology solution companies. These contracts highlight VSee’s role in addressing critical challenges in the medtech industry by providing remote support and operational capabilities that enhance customer ROI. VSee is positioned to capitalize on the medtech industry’s growth, utilizing its scalable platform to improve customer experiences and drive adoption of advanced medical technologies.
On January 10, 2025, VSee Health announced a notable contract with a leading health system in Florida valued at $160,000, with potential for further growth if deployment expands. This agreement emphasizes the company’s dedication to healthcare innovation through its advanced telehealth solutions. Additionally, on January 13, 2025, VSee Health reported securing a multi-year government contract with $6 million allocated for the first year, reinforcing its growing influence in the digital health sector and positioning it to meet the increasing demand for telehealth solutions, thereby enhancing patient care and delivering long-term value for stakeholders.
VSee Health has secured a national group purchasing agreement for teleradiology services with Premier, Inc., and a teleradiology contract with a major U.S. post-acute care hospital system, highlighting its strategic positioning in the telehealth industry. These agreements enable VSee to expand access to its telehealth solutions amid growing demand for remote imaging services, aligning with industry trends and enhancing its market presence in the expanding global radiology sector.
VSee Health announced a partnership with Tele911 to create the first virtual emergency department, combining telehealth innovation with emergency care solutions to address ER overcrowding and EMS staffing challenges. This collaboration aims to extend Tele911’s reach, targeting over 10 million lives by the end of 2025, and involves onboarding over 300 new fire and EMS agencies, addressing systemic challenges in emergency healthcare while providing scalable, secure solutions to ensure emergency care availability.
VSee Health has announced a strategic partnership with AbundaBox to introduce AbundaLife™, an innovative health record management platform designed to consolidate personal health data, streamline healthcare management, and improve health outcomes by providing unified access to medical records. The collaboration aims to address inefficiencies in healthcare management and enhance the patient experience, with eight healthcare facilities already adopting the platform in its initial rollout, indicating potential for significant market adoption and revenue growth.
VSee Health and The TeleDentists have joined forces to launch the first virtual oral health compliance service on the PointClickCare Marketplace, aimed at revolutionizing senior care. This partnership offers telehealth solutions to improve oral health for seniors in long-term care facilities, addressing CMS regulations and enhancing care accessibility. By reducing the need for physical dentist visits, this integration promises better health outcomes, lower costs, and increased efficiency, especially for seniors with mobility challenges.
VSee Health, Health Tech Without Borders, and iDocta are expanding their Project VITAL Africa telehealth pilots to improve healthcare access in Cameroon. This initiative aims to provide sustainable training and innovative telehealth solutions in conflict-affected regions, addressing significant challenges such as high maternal mortality rates and inadequate healthcare access. By collaborating with local and international partners, the project emphasizes sustainability and equity, aiming to empower communities facing humanitarian and climate-related crises.