Brand Engagement Network vs Virnetx Holding
Brand Engagement Network is the larger business, with $275,120 of revenue in fiscal 2025 against $162,000 for Virnetx Holding (1.7 times as much). Virnetx Holding grew faster (3140.0% against 175.7%). Brand Engagement Network kept more of each dollar of sales as profit: a net margin of -3135.2% against -11250.0%. Virnetx Holding carries less debt relative to equity (0.0% against 38.8%).
| Latest fiscal year | Brand Engagement NetworkBNAI, 2025 | Virnetx HoldingVHC, 2025 |
|---|---|---|
| Revenue | $275,120 | $162,000 |
| Revenue growth | 175.7% | 3140.0% |
| Net income | −$8.6m | −$18.2m |
| Operating margin | -4589.3% | -12000.0% |
| Net margin | -3135.2% | -11250.0% |
| Return on equity | — | -58.7% |
| Free cash flow | −$5.1m | −$15.7m |
| Cash | $172,124 | $15.5m |
| Total debt | $1.3m | $0 |
| Debt to equity | 38.8% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 29 | — |
| Market value | $31.7m | $39.4m |
| Price vs our value range | — | — |
| Moat score | — | 0 (Weak) |
| Insider trades, 12 months | 0 buys, 2 sales | 0 buys, 13 sales |