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companies tracked
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cumulative enterprise value
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median EV/NTM revenue multiple
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median NTM/LTM revenue growth
This chart shows the weighted market cap evolution over time, indexed to 0% at the beginning of the period
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Data as of November 17, 2025. Index data powered by FactSet and Morningstar, S&P 500 data sourced from Yahoo Finance.
This chart shows the weighted median evolution over time of key valuation metrics
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This chart shows the regression relationship between valuation metrics across companies in the index
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Data as of November 17, 2025. Companies with EV multiples above 50x and y-axis values above 300% are considered non-meaningful and excluded from calculation.
This chart shows company rankings by selected metric within the index
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Data as of November 17, 2025. Companies with EV multiples above 50x are considered non-meaningful and excluded from calculation.
Compare key metrics between companies in the index
| Comp 1 | Comp 2 | Comp 3 |
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Data as of November 17, 2025.
This chart shows the cumulative sum of selected metrics across all companies in the index over time
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Similar to NASDAQ 100 Index, 🩺 Multiples Digital Health Index employs a modified market capitalization weighting scheme.
The weight process uses company-level weightss, which are derived using company enterprise value.
Company weights are evaluated based on two rules:
No company’s weight may exceed 24%.
The aggregate weight of the companies whose weights exceed 4.5% may not exceed 48%.
If neither rule is 'violated', then no adjustments are made. Only in cases where either or both of the rules are 'violated', weight adjustments are made according to a two-stage adjustment process.
If no company’s initial weight exceeds 24% of the Index, initial weights are used as Rule 1 weights without adjustment. Otherwise, initial weights are adjusted such that no company’s weight may exceed 20% of the Index.
If the aggregate weight of the companies whose Rule 1 weights exceeds 4.5% and does not exceed 48%, Rule 1 weights are used as the final weights. Otherwise, Rule 1 weights are adjusted such that:
If the two-stage rule process results in a 'violation' of the weighting rules as previously detailed, then the process is repeated until the company weights meet the rule system.
| Company | HQ | Stock Price | 1Y Perf. | Market Cap | EV/Revenue (LTM) | EV/Revenue (NTM) | Revenue Growth NTM/LTM | Gross Margin (NTM) | EBITDA Margin (NTM) | FCF Margin (NTM) | Rule of 40 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| IQVIA | United States of America | USD 221 | +5.2% | $37569.883M | 3.2x | 3.0x | 5% | 34% | 23% | 13% | 29% |
| Veeva | United States of America | USD 293 | +39.4% | $48084.054693M | 13.6x | 12.1x | 12% | 78% | 45% | 43% | 56% |
| JD Health | Hong Kong | HKD 69 | +118.3% | $28306.315045745476M | 2.2x | 1.9x | 17% | 25% | 6% | 9% | 23% |
| Tempus AI | United States of America | USD 68 | +101.4% | $12183.089095M | 10.7x | 8.3x | 29% | 63% | 5% | 2% | 29% |
| M3 Inc. | Japan | JPY 2737 | +36.8% | $12079.843154399498M | 5.2x | 4.4x | 16% | 52% | 25% | 10% | 42% |
| Alibaba Health | Hong Kong | HKD 6 | +47.6% | $12231.535532071715M | 2.4x | 2.1x | 14% | 24% | 8% | 9% | 21% |
| HealthEquity | United States of America | USD 102 | +10.9% | $8769.853237M | 7.4x | 6.8x | 8% | 71% | 44% | 29% | 50% |
| Hims & Hers Health | United States of America | USD 37 | +141.4% | $8418.442047M | 4.0x | 3.3x | 22% | 74% | 14% | 6% | 35% |
| Doximity | United States of America | USD 50 | +58.1% | $9342.020366M | 13.7x | 12.3x | 12% | 91% | 55% | 51% | 64% |
| Waystar | United States of America | USD 35 | +29.7% | $6757.301711M | 7.1x | 6.0x | 17% | 68% | 41% | 25% | 59% |
| XtalPi | Hong Kong | HKD 11 | +16.0% | $6225.532082699096M | 55.8x | 42.8x | 30% | 69% | 1% | NaN% | 21% |
| Claritev | United States of America | USD 43 | +626.3% | $714.899359M | 5.6x | 5.4x | 4% | 75% | 63% | 2% | 66% |
| Lemonade | United States of America | USD 70 | +152.8% | $5267.790093M | 7.2x | 4.6x | 57% | 45% | -6% | 0% | 39% |
| Hebei Yangyuan Zhihui | China | CNY 28 | +36.0% | $4890.58709030519M | 5.1x | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Nomad Foods | United States of America | USD 12 | -36.2% | $1789.082603M | 1.1x | 1.1x | 3% | 28% | 17% | 8% | 20% |
| GeneDx | United States of America | USD 128 | +67.6% | $3704.990346M | 8.9x | 7.1x | 25% | 72% | 4% | NaN% | 34% |
| CorVel | United States of America | USD 74 | -25.5% | $3800.986207M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Benefit Systems | Poland | PLN 3000 | +30.4% | $2683.948941799261M | 3.0x | 2.3x | 29% | NaN% | 22% | NaN% | 56% |
| TietoEVRY | Finland | EUR 18 | +8.8% | $2479.1017113648M | 1.4x | 1.4x | -5% | 78% | 16% | 9% | 10% |
| Ping An Healthcare | Hong Kong | HKD 15 | +19.1% | $4178.963853284291M | 4.1x | 3.6x | 15% | 34% | 5% | 10% | 18% |
| Hapvida | Brazil | BRL 18 | -40.8% | $1645.625543437789M | 0.5x | 0.5x | 8% | 26% | 12% | 6% | 19% |
| Alignment Healthcare | United States of America | USD 17 | +36.0% | $3305.515577M | 0.8x | 0.6x | 29% | 12% | 3% | 3% | 32% |
| Premier Inc. | United States of America | USD 28 | +39.6% | $2330.87425M | 2.6x | 2.6x | -1% | 73% | 24% | 18% | 23% |
| Oscar Health | United States of America | USD 14 | +7.1% | $3996.845644M | 0.2x | 0.2x | 3% | NaN% | 1% | 2% | 2% |
| Privia Health | United States of America | USD 23 | +32.5% | $2884.385855M | 1.2x | 1.1x | 11% | 26% | 6% | 5% | 17% |
| Rasan | Saudi Arabia | SAR 108 | +49.9% | $2224.0083299889898M | 13.0x | 9.5x | 37% | 69% | 38% | NaN% | 75% |
| JMDC | Japan | JPY 4380 | +13.9% | $1865.8605103585119M | 6.3x | 5.3x | 20% | 59% | 29% | 10% | 48% |
| EverCommerce | United States of America | USD 8 | +11.1% | $1517.448026M | 3.2x | 3.1x | 3% | 78% | 31% | 19% | 33% |
| Progyny | United States of America | USD 25 | +17.0% | $2117.358222M | 1.4x | 1.3x | 9% | 24% | 17% | 13% | 26% |
| Beyond Meat | United States of America | USD 1 | -72.8% | $489.855795M | 6.0x | 6.2x | -4% | 13% | -25% | -29% | -42% |
| Omnicell | United States of America | USD 35 | -31.0% | $1577.409748M | 1.4x | 1.3x | 4% | 43% | 13% | NaN% | 16% |
| Vitec Software | Sweden | SEK 319 | -28.6% | $1331.3574871132669M | 4.2x | 3.9x | 7% | 71% | 38% | 14% | 44% |
| Teladoc | United States of America | USD 7 | -4.1% | $1228.115962M | 0.6x | 0.6x | 1% | 70% | 12% | 7% | 12% |
| Certara | United States of America | USD 8 | +14.0% | $1326.747147M | 3.5x | 3.3x | 7% | 62% | 32% | 19% | 39% |
| Evolent Health | United States of America | USD 4 | -71.4% | $466.491578M | 0.7x | 0.6x | 21% | 19% | 7% | 2% | 29% |
| Hangzhou Pinming Software | China | CNY 129 | +391.2% | $1426.0068527349028M | NaNx | 19.0x | NaN% | 76% | NaN% | NaN% | n/a |
| Trupanion | United States of America | USD 38 | -27.0% | $1630.298709M | 1.0x | 0.9x | 10% | 22% | 5% | NaN% | 15% |
| Suzhou Sepax Technologies | China | CNY 23 | NaN% | $1326.583253505741M | NaNx | 20.0x | NaN% | 73% | 38% | NaN% | NaN% |
| GoodRx | United States of America | USD 3 | -44.9% | $1008.116066M | 1.6x | 1.6x | 3% | 93% | 35% | 18% | 37% |
| iFLYHealth | Hong Kong | HKD 84 | NaN% | $1307.3883246438422M | 9.7x | 7.4x | 30% | 55% | 5% | NaN% | 29% |
| Indegene | India | INR 510 | -13.9% | $1380.7431939037647M | 3.5x | 3.0x | 17% | 25% | 19% | 4% | 37% |
| Phreesia | United States of America | USD 22 | +23.8% | $1304.338077M | 2.6x | 2.3x | 12% | 84% | 21% | 13% | 30% |
| B-Soft Co. | China | CNY 5 | -15.6% | $1127.0158990104128M | 5.4x | 5.0x | 7% | 48% | 7% | NaN% | 4% |
| Schrödinger | United States of America | USD 18 | +19.6% | $1300.182007M | 4.1x | 3.6x | 16% | 62% | -42% | NaN% | -44% |
| Pluxee | France | EUR 14 | -12.6% | $2330.5325952192M | 0.6x | 0.6x | 7% | NaN% | 37% | 28% | 44% |
| Craneware | United Kingdom of Great Britain and Northern Ireland | GBP 21 | +13.6% | $979.1206694913001M | 4.6x | 4.1x | 12% | 86% | 31% | 18% | 42% |
| Clover Health | United States of America | USD 2 | -14.3% | $1278.778185M | 0.5x | 0.4x | 38% | NaN% | 2% | 4% | 39% |
| SelectQuote | United States of America | USD 1 | +4.0% | $262.197898M | 0.6x | 0.5x | 10% | 51% | 7% | NaN% | 18% |
| Oatly | United States of America | USD 13 | -3.4% | $402.131445M | 1.1x | 1.0x | 4% | 33% | 3% | -1% | 5% |
| GPI Group | Italy | EUR 15 | +41.7% | $508.6257524928M | 1.4x | 1.3x | 6% | NaN% | 21% | 6% | 27% |
| Nutex Health | United States of America | USD 107 | +468.4% | $595.008474M | 1.0x | 0.9x | 10% | NaN% | 31% | NaN% | 41% |
| Root Inc. | United States of America | USD 82 | +17.9% | $1269.253368M | 0.6x | 0.5x | 8% | NaN% | 7% | 9% | 16% |
| Equasens | France | EUR 42 | -21.8% | $725.96250696M | 2.7x | 2.5x | 8% | NaN% | 29% | 20% | 35% |
| GoHealth | United States of America | USD 3 | -65.1% | $40.64112M | 0.9x | 1.0x | -5% | 80% | 19% | -7% | 13% |
| CareDx | United States of America | USD 16 | -32.2% | $819.579102M | 1.8x | 1.6x | 12% | 69% | 12% | NaN% | 22% |
| HealthStream | United States of America | USD 24 | -15.9% | $726.275993M | 2.2x | 2.1x | 5% | 66% | 24% | 12% | 28% |
| Guiyang Longmaster | China | CNY 14 | -5.0% | $679.6703522593717M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Hippo Insurance | United States of America | USD 31 | +65.9% | $795.017917M | 1.3x | 1.1x | 22% | NaN% | 3% | 19% | 18% |
| Local Bounti | United States of America | USD 2 | +3.3% | $53.980144M | 10.6x | 6.0x | 78% | 22% | 6% | NaN% | 37% |
| Fangzhou | Hong Kong | HKD 3 | -49.3% | $561.913642424612M | NaNx | 0.9x | NaN% | 18% | 1% | NaN% | NaN% |
| eHealth | United States of America | USD 4 | +3.2% | $117.521478M | 0.9x | 0.9x | 2% | 100% | 12% | 4% | 14% |
| weSure | Israel | ILS 12 | +144.9% | $480.73046052189227M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Medley Inc. | Japan | JPY 2277 | -44.1% | $465.0414232654798M | 2.1x | 1.7x | 23% | 66% | 15% | 5% | 37% |
| Heren Health | China | CNY 14 | -4.4% | $518.475243512057M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| TruBridge | United States of America | USD 20 | +49.8% | $305.733044M | 1.3x | 1.3x | 4% | 54% | 20% | 9% | 23% |
| Weave Communications | United States of America | USD 6 | -47.1% | $477.517632M | 1.9x | 1.7x | 15% | 73% | 4% | 6% | 19% |
| Talkspace | United States of America | USD 3 | +5.1% | $538.382403M | 2.0x | 1.6x | 22% | 42% | 11% | 9% | 29% |
| YSB | Hong Kong | HKD 8 | +29.6% | $679.2655550606136M | 0.2x | 0.1x | 14% | 11% | 2% | NaN% | 15% |
| Software Service | Japan | JPY 14520 | +7.0% | $495.010398918585M | 1.6x | 1.4x | 14% | 27% | 15% | NaN% | 30% |
| National Research | United States of America | USD 15 | -26.3% | $345.185808M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| DocMorris | Switzerland | CHF 5 | -67.0% | $307.5242622522206M | 0.3x | 0.3x | 16% | 22% | -2% | -5% | 12% |
| Beijing Sunwayworld | China | CNY 35 | +1.5% | $383.26821245556476M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Value HR | Japan | JPY 1858 | -2.4% | $323.0972449123036M | 6.2x | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Vitalhub | Canada | CAD 9 | +7.5% | $410.9831459325946M | 4.4x | 3.6x | 23% | 82% | 26% | 22% | 47% |
| Simulations Plus | United States of America | USD 17 | -36.9% | $348.802816M | 4.1x | 4.0x | 2% | 62% | 29% | NaN% | 30% |
| EM Systems Co. | Japan | JPY 812 | +52.3% | $366.0462035624821M | 2.0x | 2.1x | -2% | 53% | 19% | NaN% | 16% |
| Qualicorp | Brazil | BRL 2 | +19.4% | $121.13039291771429M | 1.1x | 1.1x | -3% | 85% | 35% | 26% | 32% |
| OptimizeRx | United States of America | USD 15 | +291.1% | $282.965097M | 2.8x | 2.4x | 13% | 63% | 17% | 10% | 30% |
| Yidu Tech | Hong Kong | HKD 5 | +58.5% | $733.3402464759968M | 2.9x | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Sophia Genetics | United States of America | USD 4 | +39.7% | $292.420819M | 3.7x | 3.2x | 15% | 69% | -43% | NaN% | -42% |
| Spok | United States of America | USD 14 | -8.2% | $286.726512M | 1.9x | 1.9x | 3% | 79% | 23% | NaN% | 24% |
| eWeLL Co | Japan | JPY 2890 | +73.0% | $285.10531155891204M | 12.8x | 10.0x | 28% | 78% | 49% | 31% | 76% |
| Definitive Healthcare | United States of America | USD 3 | -33.3% | $282.534763M | 1.1x | 1.2x | -3% | 81% | 28% | 17% | 26% |
| Cogstate | Australia | AUD 3 | +179.2% | $305.1458992071M | 4.9x | 4.5x | 9% | 61% | 29% | 20% | 39% |
| Kneat | Canada | CAD 4 | +14.7% | $280.1807364873941M | 5.9x | 4.6x | 27% | 76% | 17% | -1% | 41% |
| CareNet | Japan | JPY 1122 | +66.5% | $302.58020752091056M | 3.5x | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Nordhealth | Norway | NOK 36 | -2.7% | $279.1878445767516M | 4.3x | 3.8x | 13% | 83% | 7% | -1% | 16% |
| Vanfund Urban Investment | China | CNY 5 | +28.0% | $237.90997832792388M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Health Catalyst | United States of America | USD 2 | -58.4% | $160.205452M | 0.8x | 0.8x | -2% | 51% | 16% | 6% | 11% |
| AdvancedAdvT | United Kingdom of Great Britain and Northern Ireland | GBP 2 | +47.3% | $332.1170323296M | 3.5x | 3.2x | 9% | 68% | 26% | 22% | 35% |
| LifeMD | United States of America | USD 5 | +40.6% | $219.542529M | 0.8x | 0.7x | 18% | 88% | 13% | NaN% | 30% |
| Kusurinomadoguchi | Japan | JPY 2909 | +140.9% | $212.60372225245231M | 2.7x | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Sphere | South Korea | KRW 7850 | +146.3% | $191.84047563740668M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Carasent | Sweden | SEK 28 | +42.0% | $204.12376114138138M | 5.4x | 4.6x | 17% | 85% | 28% | 13% | 39% |
| MTI Ltd. | Japan | JPY 797 | -29.7% | $288.2751478301388M | 0.9x | 0.9x | 6% | 74% | 17% | NaN% | 25% |
| FitLife Brands | United States of America | USD 18 | +20.8% | $170.447956M | 2.2x | 1.5x | 47% | 39% | 17% | 4% | 64% |
| Ever Fortune.AI | Taiwan | TWD 65 | -21.9% | $199.166630199162M | 16.4x | 12.7x | 29% | 65% | NaN% | 16% | n/a |
| Kanamic Network | Japan | JPY 533 | -12.2% | $164.72217757341548M | 4.1x | 3.4x | 21% | 63% | 32% | NaN% | 54% |
| AMJ Global Technology | United States of America | USD 1 | +15.8% | $140.544171M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| CareCloud | United States of America | USD 3 | +27.7% | $132.702732M | 1.2x | 1.1x | 10% | 47% | 24% | NaN% | 34% |
| Omda | Norway | NOK 47 | +41.9% | $94.84292176559664M | 2.9x | 2.7x | 6% | 94% | 29% | 9% | 31% |
| Sinohealth Holdings | Hong Kong | HKD 4 | -12.9% | $228.62464796264987M | 2.4x | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Oneview Healthcare | Australia | AUD 0 | -40.9% | $138.337122168M | 9.2x | 7.2x | 28% | 68% | -49% | -46% | -52% |
| Findex | Japan | JPY 901 | -5.2% | $143.99910314205354M | 3.2x | 2.9x | 11% | 64% | 32% | NaN% | 42% |
| BlueMTec | South Korea | KRW 4920 | -18.3% | $113.71298216945928M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Nightingale Health | Finland | EUR 2 | -35.8% | $171.7709727696M | 17.1x | 12.3x | 39% | NaN% | -126% | NaN% | -128% |
| EUDA Health | United States of America | USD 3 | -50.6% | $113.34135M | NaNx | 3.0x | NaN% | 40% | NaN% | NaN% | n/a |
| MARX Biotech | Taiwan | TWD 5 | -57.1% | $91.09890589615031M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Medical Data Vision | Japan | JPY 429 | -15.0% | $105.76033920889223M | 2.1x | 1.8x | 16% | 73% | 13% | 5% | 25% |
| DarioHealth | United States of America | USD 12 | -27.1% | $81.624299M | 3.9x | 2.8x | 40% | 63% | -49% | -168% | -61% |
| CE Holdings | Japan | JPY 1008 | +147.6% | $103.3287758830278M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Champions Oncology | United States of America | USD 7 | +74.9% | $93.761262M | 1.5x | 1.4x | 9% | 47% | 3% | NaN% | 15% |
| Talea Group | Italy | EUR 5 | -3.8% | $47.124349905600006M | 0.6x | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Health In Tech | United States of America | USD 2 | NaN% | $90.332988M | 2.7x | 2.0x | 36% | 76% | 12% | NaN% | 48% |
| Echo IQ | Australia | AUD 0 | +3.9% | $90.72391400730001M | 1199.9x | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Alcidion Group | Australia | AUD 0 | +72.3% | $85.4013162996M | 2.9x | 2.8x | 1% | 87% | 13% | 7% | 15% |
| ezCaretech | South Korea | KRW 16020 | -6.8% | $74.25962916693015M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| NetraMark | Canada | CAD 1 | +320.7% | $70.25343769758992M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Data Horizon | Japan | JPY 550 | +49.5% | $45.45554062639563M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Acer Medical | Taiwan | TWD 119 | -24.4% | $58.18609558371M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Maps | Italy | EUR 3 | +21.3% | $48.51042072480001M | 1.3x | 1.2x | 14% | NaN% | 26% | 7% | 36% |
| PharmX Technologies | Australia | AUD 0 | +229.5% | $52.5176936424M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| DocCheck | Germany | EUR 12 | +35.5% | $67.4979890112M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| SOFTMAX | Japan | JPY 374 | +83.0% | $58.5724816848479M | 1.3x | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Kooth | United Kingdom of Great Britain and Northern Ireland | GBP 1 | -25.0% | $59.945494209100005M | 0.5x | 0.4x | 4% | 72% | 16% | 6% | 18% |
| Forian | United States of America | USD 2 | +8.7% | $66.580347M | 1.3x | 1.2x | 13% | 57% | 5% | NaN% | 16% |
| Sleep Cycle | Sweden | SEK 23 | -43.6% | $48.43044922469634M | 1.4x | 1.3x | 6% | 80% | 30% | 34% | 35% |
| Waqoo | Japan | JPY 1766 | +11.0% | $40.51179370933538M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Zhibao Technology | United States of America | USD 1 | -71.7% | $34.364459M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Beamtree | Australia | AUD 0 | -4.1% | $37.713699424800005M | 2.1x | 1.7x | 21% | NaN% | 3% | -5% | 20% |
| Doctor Care Anywhere | Australia | AUD 0 | +117.4% | $30.931370019900005M | 0.7x | 0.6x | 13% | NaN% | 10% | 6% | 24% |
| CareView Communications | United States of America | USD 0 | -16.0% | $13.429257M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| BIT Computer | South Korea | KRW 4810 | -3.7% | $52.09393263356216M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Sat Kartar Shopping | India | INR 178 | NaN% | $31.623490445429926M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Physitrack | Sweden | SEK 15 | +25.5% | $26.11883289765152M | 1.8x | 1.7x | 11% | NaN% | 38% | NaN% | 45% |
| Proteomics International | Australia | AUD 0 | -53.1% | $36.112473135900004M | 11.8x | 9.1x | 29% | 90% | -142% | -163% | -300% |
| Moolec Science | United States of America | USD 1 | -92.4% | $6.262762M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| E8ight | South Korea | KRW 2170 | -77.7% | $21.699524361050695M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| VSee Health | United States of America | USD 1 | -39.8% | $12.625729M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Pilulka Lekarny | Czechia | CZK 178 | +28.3% | $22.959264409445066M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Towa Hi System | Japan | JPY 2352 | +28.8% | $34.1239725476664M | 1.5x | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Farmacosmo | Italy | EUR 0 | -29.5% | $19.440272712000002M | 0.3x | 0.3x | 2% | 51% | 2% | 1% | 1% |
| Lantern Pharma | United States of America | USD 3 | +28.6% | $36.502029M | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Firefly Neuroscience | United States of America | USD 1 | -38.6% | $19.769806M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Welby | Japan | JPY 357 | -29.4% | $19.239203247625202M | 5.0x | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| MedAdvisor | Australia | AUD 0 | -88.2% | $10.2935253582M | 0.4x | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Carelabs Co | South Korea | KRW 3905 | +32.7% | $52.24975088483008M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Ludwig Enterprises | United States of America | USD 0 | -52.4% | $12.192735M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Induct | Norway | NOK 4 | +46.6% | $11.522118630217163M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Natural Health Trends | United States of America | USD 4 | -27.2% | $41.44707M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| MedApp | Poland | PLN 0 | -14.7% | $11.066960466291734M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| UniDoc Health | Canada | CAD 0 | -63.0% | $11.409320429388107M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| MRSO | Japan | JPY 980 | -5.0% | $22.390651370979498M | 1.2x | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Media Lab | France | EUR 4 | +150.0% | $10.418140800000002M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Bullfrog AI | United States of America | USD 1 | -43.9% | $11.398124M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Pharmena | Poland | PLN 3 | -37.5% | $10.159855747009892M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Movano | United States of America | USD 11 | -82.9% | $8.933515M | 7.1x | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| 7FIT | Poland | PLN 12 | +25.0% | $5.9725844743712155M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Vidavo | Greece | EUR 5 | +128.0% | $6.4776091824M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Brainscan | Poland | PLN 20 | -17.6% | $6.550356267385474M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Kontigo Care | Sweden | SEK 2 | -50.0% | $7.142583435692315M | 1.8x | 1.3x | 35% | 90% | 24% | NaN% | 54% |
| Stem Cells Spin | Poland | PLN 0 | +62.3% | $4.380349195986928M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Aino Health | Sweden | SEK 0 | +38.8% | $3.672463439471723M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| NextPlat | United States of America | USD 1 | -19.6% | $17.759479M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Telemedycyna Polska | Poland | PLN 1 | -57.6% | $1.9254196524538485M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Monsenso | Denmark | DKK 0 | -69.8% | $1.8896084714174501M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Mobile-Health Network Solutions | United States of America | USD 2 | -85.3% | $2.530719M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Brain+ | Denmark | DKK 0 | -73.8% | $1.857073070886267M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| CodeLab Capital | Norway | NOK 3 | -3.3% | $3.373665856609815M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| AIX Inc. | United States of America | USD 4 | NaN% | $53.614786M | NaNx | NaNx | NaN% | NaN% | NaN% | NaN% | n/a |
| Seer | United States of America | USD 2 | +16.4% | $111.854626M | -3.8x | -2.9x | 29% | 51% | NaN% | NaN% | n/a |
| American Well | United States of America | USD 4 | -43.0% | $66.303544M | -0.5x | -0.5x | -2% | 53% | -12% | -12% | -20% |
Stock prices as of November 17, 2025. Rule of 40 and revenue per FTE data is based on the last fiscal year. Financial data powered by Morningstar and FactSet.
Tracks world's biggest and most impactful publicly listed tech companies
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Explore indexTracks medical device manufacturers with market cap above $1B, across all device categories
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