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Abacus Global Management, Inc.（ABX）与AlTi Global, Inc.（ALTI）财务数据对比。点击上方公司名可切换其他公司
AlTi Global, Inc.的季度营收约是Abacus Global Management, Inc.的1.2倍（$86.6M vs $71.9M）。Abacus Global Management, Inc.净利率更高（10.1% vs -15.1%，领先25.2%）。Abacus Global Management, Inc.同比增速更快（116.5% vs 87.0%）。过去两年Abacus Global Management, Inc.的营收复合增速更高（82.9% vs 30.6%）
Abacus集团是澳大利亚ASX 200指数成分公众上市公司，专注投资澳大利亚房地产投资信托，投资组合集中在写字楼与自助仓储领域，同时管理房地产开发的legacy投资项目。该公司原名为Abacus地产集团，2023年8月拆分出了自助仓储业务Abacus Storage King。
该公司原名Cristal Global，是全球第二大二氧化钛生产商，同时也是钛化学品的龙头供应商，由原国家二氧化钛有限公司与 Millennium Chemicals 合并组建而成，总部设于沙特阿拉伯吉达。该公司是全球第五大二氧化钛原料生产商Bemax的重要股东。
ABX vs ALTI — 直观对比
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $71.9M | $86.6M |
| 净利润 | $7.2M | $-13.1M |
| 毛利率 | 88.8% | — |
| 营业利润率 | 31.7% | -2.1% |
| 净利率 | 10.1% | -15.1% |
| 营收同比 | 116.5% | 87.0% |
| 净利润同比 | 139.6% | 75.6% |
| 每股收益（稀释后） | $0.06 | — |
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
| Q4 25 | $71.9M | $86.6M | ||
| Q3 25 | $63.0M | $57.2M | ||
| Q2 25 | $56.2M | $53.1M | ||
| Q1 25 | $44.1M | $58.0M | ||
| Q4 24 | $33.2M | $46.3M | ||
| Q3 24 | $28.1M | $51.8M | ||
| Q2 24 | $29.1M | $49.5M | ||
| Q1 24 | $21.5M | $50.8M |
| Q4 25 | $7.2M | $-13.1M | ||
| Q3 25 | $7.1M | $-84.1M | ||
| Q2 25 | $17.6M | $-24.4M | ||
| Q1 25 | $4.6M | $1.9M | ||
| Q4 24 | $-18.3M | $-53.8M | ||
| Q3 24 | $-5.1M | $-72.5M | ||
| Q2 24 | $770.0K | $-6.4M | ||
| Q1 24 | $-1.3M | $29.7M |
| Q4 25 | 88.8% | — | ||
| Q3 25 | 87.8% | — | ||
| Q2 25 | 89.2% | — | ||
| Q1 25 | 83.9% | — | ||
| Q4 24 | 88.8% | — | ||
| Q3 24 | 92.2% | — | ||
| Q2 24 | 90.6% | — | ||
| Q1 24 | 87.3% | — |
| Q4 25 | 31.7% | -2.1% | ||
| Q3 25 | 35.6% | -49.8% | ||
| Q2 25 | 40.1% | -56.7% | ||
| Q1 25 | 47.6% | -23.3% | ||
| Q4 24 | -50.5% | -42.7% | ||
| Q3 24 | 24.3% | -18.4% | ||
| Q2 24 | 23.3% | -30.2% | ||
| Q1 24 | 10.5% | -28.9% |
| Q4 25 | 10.1% | -15.1% | ||
| Q3 25 | 11.2% | -147.0% | ||
| Q2 25 | 31.3% | -45.9% | ||
| Q1 25 | 10.5% | 3.3% | ||
| Q4 24 | -55.0% | -116.1% | ||
| Q3 24 | -18.2% | -140.0% | ||
| Q2 24 | 2.6% | -12.9% | ||
| Q1 24 | -6.3% | 58.4% |
| Q4 25 | $0.06 | — | ||
| Q3 25 | $0.07 | — | ||
| Q2 25 | $0.18 | $-0.33 | ||
| Q1 25 | $0.05 | $-0.04 | ||
| Q4 24 | $-0.26 | $-0.71 | ||
| Q3 24 | $-0.07 | $-0.88 | ||
| Q2 24 | $0.01 | $-0.18 | ||
| Q1 24 | $-0.02 | $0.18 |
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 | $38.1M | $41.2M |
| 总债务越低越好 | $405.8M | $883.0K |
| 股东权益账面价值 | $418.5M | $600.1M |
| 总资产 | $902.2M | $1.2B |
| 负债/权益比越低杠杆越低 | 0.97× | 0.00× |
8季度趋势，按日历期对齐
| Q4 25 | $38.1M | $41.2M | ||
| Q3 25 | $86.4M | $35.8M | ||
| Q2 25 | $74.8M | $42.4M | ||
| Q1 25 | $43.8M | $52.8M | ||
| Q4 24 | $131.9M | $64.4M | ||
| Q3 24 | $19.4M | $220.6M | ||
| Q2 24 | $91.3M | $60.0M | ||
| Q1 24 | $65.4M | $134.2M |
| Q4 25 | $405.8M | $883.0K | ||
| Q3 25 | $409.3M | $586.0K | ||
| Q2 25 | — | $673.0K | ||
| Q1 25 | — | — | ||
| Q4 24 | $380.8M | $0 | ||
| Q3 24 | — | $128.4M | ||
| Q2 24 | — | $164.0M | ||
| Q1 24 | — | $183.7M |
| Q4 25 | $418.5M | $600.1M | ||
| Q3 25 | $434.6M | $607.2M | ||
| Q2 25 | $416.5M | $685.4M | ||
| Q1 25 | $430.6M | $665.2M | ||
| Q4 24 | $423.3M | $658.4M | ||
| Q3 24 | $257.9M | $707.0M | ||
| Q2 24 | $256.8M | $540.2M | ||
| Q1 24 | $165.3M | $510.9M |
| Q4 25 | $902.2M | $1.2B | ||
| Q3 25 | $918.9M | $1.2B | ||
| Q2 25 | $848.4M | $1.2B | ||
| Q1 25 | $856.5M | $1.2B | ||
| Q4 24 | $874.2M | $1.3B | ||
| Q3 24 | $477.3M | $1.4B | ||
| Q2 24 | $483.9M | $1.3B | ||
| Q1 24 | $376.7M | $1.3B |
| Q4 25 | 0.97× | 0.00× | ||
| Q3 25 | 0.94× | 0.00× | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.90× | 0.00× | ||
| Q3 24 | — | 0.18× | ||
| Q2 24 | — | 0.30× | ||
| Q1 24 | — | 0.36× |
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 | $-7.4M | — |
| 自由现金流经营现金流 - 资本支出 | $-7.6M | — |
| 自由现金流率自由现金流/营收 | -10.5% | — |
| 资本支出强度资本支出/营收 | 0.2% | 0.0% |
| 现金转化率经营现金流/净利润 | -1.03× | — |
| 过去12个月自由现金流最近4个季度 | $-26.6M | — |
8季度趋势，按日历期对齐
| Q4 25 | $-7.4M | — | ||
| Q3 25 | $-32.8M | — | ||
| Q2 25 | $76.1M | $-19.9M | ||
| Q1 25 | $-61.6M | $-30.2M | ||
| Q4 24 | $-92.0M | $-56.0K | ||
| Q3 24 | $-52.3M | $-4.9M | ||
| Q2 24 | $-67.1M | $-30.2M | ||
| Q1 24 | $2.5M | $-15.5M |
| Q4 25 | $-7.6M | — | ||
| Q3 25 | $-32.9M | — | ||
| Q2 25 | $75.7M | $-20.0M | ||
| Q1 25 | $-61.8M | $-31.0M | ||
| Q4 24 | $-92.2M | $-1.8M | ||
| Q3 24 | $-52.5M | $-9.4M | ||
| Q2 24 | $-67.2M | $-31.2M | ||
| Q1 24 | $2.4M | $-15.7M |
| Q4 25 | -10.5% | — | ||
| Q3 25 | -52.3% | — | ||
| Q2 25 | 134.6% | -37.6% | ||
| Q1 25 | -140.0% | -53.4% | ||
| Q4 24 | -277.5% | -4.0% | ||
| Q3 24 | -186.6% | -18.2% | ||
| Q2 24 | -231.3% | -63.2% | ||
| Q1 24 | 10.9% | -30.9% |
| Q4 25 | 0.2% | 0.0% | ||
| Q3 25 | 0.3% | 0.0% | ||
| Q2 25 | 0.8% | 0.0% | ||
| Q1 25 | 0.5% | 1.3% | ||
| Q4 24 | 0.6% | 3.9% | ||
| Q3 24 | 0.9% | 8.7% | ||
| Q2 24 | 0.7% | 2.2% | ||
| Q1 24 | 0.8% | 0.4% |
| Q4 25 | -1.03× | — | ||
| Q3 25 | -4.63× | — | ||
| Q2 25 | 4.33× | — | ||
| Q1 25 | -13.28× | -15.80× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -87.09× | — | ||
| Q1 24 | — | -0.52× |
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
ABX
| Life Solutions Segment | $63.0M | 88% |
| Asset Management Segment | $8.7M | 12% |
ALTI
| Management Advisory Fees | $51.1M | 59% |
| Other | $32.7M | 38% |
| Distributions From Investments | $2.9M | 3% |
