vs
American Bitcoin Corp.（ABTC）与Repay Holdings Corp（RPAY）财务数据对比。点击上方公司名可切换其他公司
American Bitcoin Corp.的季度营收约是Repay Holdings Corp的1.5倍（$118.0M vs $78.6M），American Bitcoin Corp.同比增速更快（151.5% vs 0.4%），过去两年American Bitcoin Corp.的营收复合增速更高（296.9% vs -1.3%）
美国比特币公司专注于比特币相关业务领域。比特币是首个去中心化加密货币，由化名为中本聪的匿名人士于2008年发布白皮书后诞生，2009年随着开源代码上线正式投入使用，问世以来对全球金融与数字货币领域都产生了极为深远的影响。
Repay Holdings Corp是一家聚焦北美市场的支付技术服务商，为零售、医疗、汽车服务、电商等领域的企业提供整合支付处理方案，涵盖银行卡收单、ACH转账、POS系统集成等数字化支付工具，助力客户简化交易流程、提升运营效率。
ABTC vs RPAY — 直观对比
营收规模更大
ABTC
是对方的1.5倍
$78.6M
营收增速更快
ABTC
高出151.1%
0.4%
两年增速更快
ABTC
近两年复合增速
-1.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $118.0M | $78.6M |
| 净利润 | — | $-140.1M |
| 毛利率 | 49.1% | 74.2% |
| 营业利润率 | -192.8% | -182.2% |
| 净利率 | — | -178.3% |
| 营收同比 | 151.5% | 0.4% |
| 净利润同比 | — | -3304.1% |
| 每股收益（稀释后） | $-0.07 | $-1.68 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收ABTCRPAY
| Q4 25 | $118.0M | $78.6M | ||
| Q3 25 | $64.2M | $77.7M | ||
| Q2 25 | $1.4M | $75.6M | ||
| Q1 25 | $1.6M | $77.3M | ||
| Q4 24 | $46.9M | $78.3M | ||
| Q3 24 | $11.6M | $79.1M | ||
| Q2 24 | $5.5M | $74.9M | ||
| Q1 24 | $7.5M | $80.7M |
净利润ABTCRPAY
| Q4 25 | — | $-140.1M | ||
| Q3 25 | $3.5M | $-6.4M | ||
| Q2 25 | $3.4M | $-102.3M | ||
| Q1 25 | $-100.6M | $-7.9M | ||
| Q4 24 | — | $-4.1M | ||
| Q3 24 | $-576.0K | $3.2M | ||
| Q2 24 | $-61.1M | $-4.1M | ||
| Q1 24 | $230.4M | $-5.2M |
毛利率ABTCRPAY
| Q4 25 | 49.1% | 74.2% | ||
| Q3 25 | 56.0% | 74.4% | ||
| Q2 25 | — | 75.7% | ||
| Q1 25 | — | 75.9% | ||
| Q4 24 | 57.9% | 76.3% | ||
| Q3 24 | 4.2% | 77.8% | ||
| Q2 24 | 31.0% | 78.2% | ||
| Q1 24 | 35.4% | 76.2% |
营业利润率ABTCRPAY
| Q4 25 | -192.8% | -182.2% | ||
| Q3 25 | 11.2% | -3.9% | ||
| Q2 25 | -162.1% | -138.7% | ||
| Q1 25 | -350.8% | -4.7% | ||
| Q4 24 | — | -1.5% | ||
| Q3 24 | -87.8% | -0.9% | ||
| Q2 24 | -106.4% | -4.6% | ||
| Q1 24 | -20.8% | -3.1% |
净利率ABTCRPAY
| Q4 25 | — | -178.3% | ||
| Q3 25 | 5.4% | -8.3% | ||
| Q2 25 | 249.2% | -135.2% | ||
| Q1 25 | -6458.5% | -10.3% | ||
| Q4 24 | — | -5.3% | ||
| Q3 24 | -5.0% | 4.1% | ||
| Q2 24 | -1107.2% | -5.4% | ||
| Q1 24 | 3076.2% | -6.5% |
每股收益（稀释后）ABTCRPAY
| Q4 25 | $-0.07 | $-1.68 | ||
| Q3 25 | $0.06 | $-0.08 | ||
| Q2 25 | $-0.07 | $-1.15 | ||
| Q1 25 | $-0.09 | $-0.09 | ||
| Q4 24 | $1.10 | $-0.04 | ||
| Q3 24 | $-0.15 | $0.03 | ||
| Q2 24 | $-0.10 | $-0.04 | ||
| Q1 24 | $-0.36 | $-0.06 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | — | $115.7M |
| 总债务越低越好 | — | $280.1M |
| 股东权益账面价值 | $665.8M | $484.4M |
| 总资产 | $1.2B | $1.2B |
| 负债/权益比越低杠杆越低 | — | 0.58× |
8季度趋势，按日历期对齐
现金及短期投资ABTCRPAY
| Q4 25 | — | $115.7M | ||
| Q3 25 | — | $95.7M | ||
| Q2 25 | $750.0K | $162.6M | ||
| Q1 25 | $367.0K | $165.5M | ||
| Q4 24 | $850.0K | $189.5M | ||
| Q3 24 | $478.0K | $168.7M | ||
| Q2 24 | $1.4M | $147.1M | ||
| Q1 24 | $1.9M | $128.3M |
总债务ABTCRPAY
| Q4 25 | — | $280.1M | ||
| Q3 25 | — | $279.5M | ||
| Q2 25 | — | $279.0M | ||
| Q1 25 | — | $497.6M | ||
| Q4 24 | — | $496.8M | ||
| Q3 24 | — | $496.2M | ||
| Q2 24 | — | $435.6M | ||
| Q1 24 | — | $434.9M |
股东权益ABTCRPAY
| Q4 25 | $665.8M | $484.4M | ||
| Q3 25 | $575.5M | $616.9M | ||
| Q2 25 | $339.7M | $633.7M | ||
| Q1 25 | $115.8M | $755.7M | ||
| Q4 24 | $1.0B | $761.3M | ||
| Q3 24 | $697.5M | $754.7M | ||
| Q2 24 | $614.3M | $815.4M | ||
| Q1 24 | $696.8M | $813.8M |
总资产ABTCRPAY
| Q4 25 | $1.2B | $1.2B | ||
| Q3 25 | $1.2B | $1.3B | ||
| Q2 25 | $6.2M | $1.4B | ||
| Q1 25 | $9.0M | $1.5B | ||
| Q4 24 | $1.1B | $1.6B | ||
| Q3 24 | $7.5M | $1.6B | ||
| Q2 24 | $11.4M | $1.5B | ||
| Q1 24 | $17.8M | $1.5B |
负债/权益比ABTCRPAY
| Q4 25 | — | 0.58× | ||
| Q3 25 | — | 0.45× | ||
| Q2 25 | — | 0.44× | ||
| Q1 25 | — | 0.66× | ||
| Q4 24 | — | 0.65× | ||
| Q3 24 | — | 0.66× | ||
| Q2 24 | — | 0.53× | ||
| Q1 24 | — | 0.53× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-79.6M | $23.3M |
| 自由现金流经营现金流 - 资本支出 | — | $23.2M |
| 自由现金流率自由现金流/营收 | — | 29.6% |
| 资本支出强度资本支出/营收 | — | 0.1% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $90.7M |
8季度趋势，按日历期对齐
经营现金流ABTCRPAY
| Q4 25 | $-79.6M | $23.3M | ||
| Q3 25 | $-39.0M | $32.2M | ||
| Q2 25 | $-879.0K | $33.1M | ||
| Q1 25 | $-3.2M | $2.5M | ||
| Q4 24 | $-54.0M | $34.3M | ||
| Q3 24 | $-76.8M | $60.1M | ||
| Q2 24 | $201.0K | $31.0M | ||
| Q1 24 | $-983.0K | $24.8M |
自由现金流ABTCRPAY
| Q4 25 | — | $23.2M | ||
| Q3 25 | — | $32.1M | ||
| Q2 25 | $-1.4M | $33.0M | ||
| Q1 25 | — | $2.4M | ||
| Q4 24 | $-60.6M | $34.0M | ||
| Q3 24 | $-79.3M | $59.8M | ||
| Q2 24 | $-874.0K | $30.5M | ||
| Q1 24 | — | $24.7M |
自由现金流率ABTCRPAY
| Q4 25 | — | 29.6% | ||
| Q3 25 | — | 41.3% | ||
| Q2 25 | -104.4% | 43.6% | ||
| Q1 25 | — | 3.0% | ||
| Q4 24 | -129.2% | 43.5% | ||
| Q3 24 | -683.2% | 75.6% | ||
| Q2 24 | -15.8% | 40.7% | ||
| Q1 24 | — | 30.6% |
资本支出强度ABTCRPAY
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 0.2% | ||
| Q2 25 | 40.5% | 0.1% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | 14.1% | 0.3% | ||
| Q3 24 | 21.6% | 0.3% | ||
| Q2 24 | 19.5% | 0.6% | ||
| Q1 24 | — | 0.1% |
现金转化率ABTCRPAY
| Q4 25 | — | — | ||
| Q3 25 | -11.21× | — | ||
| Q2 25 | -0.26× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 18.52× | ||
| Q2 24 | — | — | ||
| Q1 24 | -0.00× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
ABTC
暂无分部数据
RPAY
| Sales Channel Directly To Consumer | $69.4M | 88% |
| Other | $6.8M | 9% |
| Sales Channel Through Intermediary | $2.3M | 3% |
