Real Messenger vs Virnetx Holding
Virnetx Holding is the larger business, with $162,000 of revenue in fiscal 2025 against $29,472 for Real Messenger (5.5 times as much). Virnetx Holding kept more of each dollar of sales as profit: a net margin of -11250.0% against -13885.8%. Real Messenger carries less debt relative to equity (0.0% against 0.0%).
| Latest fiscal year | Real MessengerRMSG, 2026 | Virnetx HoldingVHC, 2025 |
|---|---|---|
| Revenue | $29,472 | $162,000 |
| Revenue growth | — | 3140.0% |
| Net income | −$4.1m | −$18.2m |
| Operating margin | -14023.1% | -12000.0% |
| Net margin | -13885.8% | -11250.0% |
| Return on equity | — | -58.7% |
| Free cash flow | −$3.6m | −$15.7m |
| Cash | $321,965 | $15.5m |
| Total debt | $0 | $0 |
| Debt to equity | 0.0% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | — | — |
| Market value | $1.6m | $38.8m |
| Price vs our value range | — | — |
| Moat score | — | 0 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 13 sales |