COMP <GO>

MNDR vs WCT // EV/EBITDA & P/E VALUATION

Mobile-health Network Solutions (Class A) (NASDAQ) VS. Wellchange Holdings Company Limited (Class A) (NASDAQ) • 15-METRIC TALLY: MNDR 3 — WCT 3

■ METRIC PARITY

MNDR — Mobile-health Network Solutions (Class A) ROARABLE E • RQD 30/100

LAST: $0.94 (-3.18%) • MKT CAP: $3.5M

DES <GO> FA <GO> 10-K RED <GO>

valuation

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WCT — Wellchange Holdings Company Limited (Class A) ROARABLE E • RQD 29/100

LAST: $0.31 (-2.17%) • MKT CAP: $3.3M

DES <GO> FA <GO> 10-K RED <GO>

valuation

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15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (MNDR VS. WCT) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	MNDR	WCT	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	16.70%	42.70%	-26.00	WCT	/gross-margins <GO>
Return on Invested Capital (ROIC)	-35.00%	-35.00%	0.00	TIE	/roic <GO>
EV/EBITDA & P/E Valuation ACTIVE	—	—	—	TIE	/valuation <GO>
Free Cash Flow Yield	—	—	—	TIE	/fcf-yield <GO>
Operating Margin	—	-60.00%	—	TIE	/operating-margins <GO>
Net Profit Margin	-44.30%	-60.00%	+15.70	MNDR	/net-margins <GO>
Revenue Growth (YoY)	-45.30%	-41.60%	-3.70	WCT	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	0.00%	0.00	TIE	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	—	0.20	—	TIE	/balance-sheet <GO>
Piotroski F-Score Quality	2/9	3/9	-1.00	WCT	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	46.4	18.9	+27.48	MNDR	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	—	—	—	TIE	/macro-sensitivity <GO>
Forward P/E Multiple	—	—	—	TIE	/forward-pe <GO>
Enterprise Scale & Market Cap	$3.5M	$3.3M	$112.5K	MNDR	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	MNDR REV	WCT REV	MNDR GROSS %	WCT GROSS %	MNDR FCF	WCT FCF
FY 2025	$7.6M	$1.3M	16.7%	42.7%	-$4.4M	-$6.3M
FY 2024	$14.0M	$2.3M	18.2%	70.0%	-$6.5M	-$316.1K
FY 2023	$7.9M	$2.5M	—	—	-$2.2M	$797.2K

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

MNDR // BETA —

WCT // BETA —