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ACRES Commercial Realty Corp.（ACR）与FiscalNote Holdings, Inc.（NOTE）财务数据对比。点击上方公司名可切换其他公司
FiscalNote Holdings, Inc.的季度营收约是ACRES Commercial Realty Corp.的1.1倍（$22.2M vs $20.0M），ACRES Commercial Realty Corp.同比增速更快（-6.5% vs -24.7%），过去两年ACRES Commercial Realty Corp.的营收复合增速更高（3.3% vs -16.8%）
皮拉马尔地产是一家印度房地产企业，2012年成立，总部位于印度孟买，隶属于皮拉马尔集团。公司专注于住宅及商业地产开发，目前在手开发项目总规模约达1500万平方英尺，知名项目包括Piramal Aranya、Piramal Mahalaxmi等。
FiscalNote Holdings, Inc.（常称FiscalNote）是一家上市的软件数据与传媒企业，总部位于美国华盛顿特区，2013年由三位创始人创立。核心业务为通过政府关系管理服务FiscalNote GRM提供软件工具、平台、数据服务与资讯，同时依托人工智能平台分析美国待审议法案相关内容。
ACR vs NOTE — 直观对比
营收规模更大
NOTE
是对方的1.1倍
$20.0M
营收增速更快
ACR
高出18.1%
-24.7%
两年增速更快
ACR
近两年复合增速
-16.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $20.0M | $22.2M |
| 净利润 | $6.3M | — |
| 毛利率 | — | — |
| 营业利润率 | 30.8% | -83.7% |
| 净利率 | 31.6% | — |
| 营收同比 | -6.5% | -24.7% |
| 净利润同比 | -32.0% | — |
| 每股收益（稀释后） | $-0.41 | $-2.81 |
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ACRNOTE
| Q4 25 | $20.0M | $22.2M | ||
| Q3 25 | $21.0M | $22.4M | ||
| Q2 25 | $21.9M | $23.3M | ||
| Q1 25 | $17.0M | $27.5M | ||
| Q4 24 | $21.4M | $29.5M | ||
| Q3 24 | $22.4M | $29.4M | ||
| Q2 24 | $20.9M | $29.2M | ||
| Q1 24 | $18.8M | $32.1M |
净利润ACRNOTE
| Q4 25 | $6.3M | — | ||
| Q3 25 | $18.0M | $-24.9M | ||
| Q2 25 | $4.3M | $-13.3M | ||
| Q1 25 | $-730.0K | $-4.3M | ||
| Q4 24 | $9.3M | — | ||
| Q3 24 | $8.1M | $-14.9M | ||
| Q2 24 | $6.4M | $-12.8M | ||
| Q1 24 | $4.9M | $50.6M |
营业利润率ACRNOTE
| Q4 25 | 30.8% | -83.7% | ||
| Q3 25 | 85.8% | -43.4% | ||
| Q2 25 | 19.8% | -31.9% | ||
| Q1 25 | -3.8% | -50.0% | ||
| Q4 24 | 43.4% | -19.4% | ||
| Q3 24 | 36.4% | -23.1% | ||
| Q2 24 | 30.8% | -27.2% | ||
| Q1 24 | 26.2% | -35.6% |
净利率ACRNOTE
| Q4 25 | 31.6% | — | ||
| Q3 25 | 85.8% | -110.8% | ||
| Q2 25 | 19.8% | -57.0% | ||
| Q1 25 | -4.3% | -15.4% | ||
| Q4 24 | 43.5% | — | ||
| Q3 24 | 36.0% | -50.7% | ||
| Q2 24 | 30.6% | -43.6% | ||
| Q1 24 | 26.2% | 157.6% |
每股收益（稀释后）ACRNOTE
| Q4 25 | $-0.41 | $-2.81 | ||
| Q3 25 | $1.34 | $-1.73 | ||
| Q2 25 | $-0.10 | $-0.08 | ||
| Q1 25 | $-0.80 | $-0.03 | ||
| Q4 24 | $0.51 | $1.88 | ||
| Q3 24 | $0.36 | $-1.33 | ||
| Q2 24 | $0.21 | $-0.09 | ||
| Q1 24 | $0.07 | $0.37 |
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 | $83.8M | $26.3M |
| 总债务越低越好 | $1.6B | $128.4M |
| 股东权益账面价值 | $420.8M | $62.0M |
| 总资产 | $2.2B | $255.1M |
| 负债/权益比越低杠杆越低 | 3.68× | 2.07× |
8季度趋势，按日历期对齐
现金及短期投资ACRNOTE
| Q4 25 | $83.8M | $26.3M | ||
| Q3 25 | $40.9M | $31.2M | ||
| Q2 25 | $42.7M | $38.5M | ||
| Q1 25 | $66.0M | $46.3M | ||
| Q4 24 | $56.7M | $34.6M | ||
| Q3 24 | $70.1M | $32.7M | ||
| Q2 24 | $89.6M | $37.7M | ||
| Q1 24 | $84.6M | $43.6M |
总债务ACRNOTE
| Q4 25 | $1.6B | $128.4M | ||
| Q3 25 | $1.2B | $131.5M | ||
| Q2 25 | $1.3B | $116.7M | ||
| Q1 25 | $1.3B | $118.0M | ||
| Q4 24 | $1.4B | $147.1M | ||
| Q3 24 | $1.5B | $152.2M | ||
| Q2 24 | $1.6B | $145.9M | ||
| Q1 24 | $1.6B | $153.0M |
股东权益ACRNOTE
| Q4 25 | $420.8M | $62.0M | ||
| Q3 25 | $432.9M | $75.5M | ||
| Q2 25 | $425.3M | $95.1M | ||
| Q1 25 | $430.1M | $98.7M | ||
| Q4 24 | $439.1M | $97.8M | ||
| Q3 24 | $436.3M | $98.5M | ||
| Q2 24 | $434.0M | $106.9M | ||
| Q1 24 | $432.8M | $106.1M |
总资产ACRNOTE
| Q4 25 | $2.2B | $255.1M | ||
| Q3 25 | $1.7B | $273.9M | ||
| Q2 25 | $1.8B | $288.3M | ||
| Q1 25 | $1.8B | $299.7M | ||
| Q4 24 | $1.9B | $326.2M | ||
| Q3 24 | $2.0B | $337.9M | ||
| Q2 24 | $2.1B | $346.3M | ||
| Q1 24 | $2.1B | $357.8M |
负债/权益比ACRNOTE
| Q4 25 | 3.68× | 2.07× | ||
| Q3 25 | 2.76× | 1.74× | ||
| Q2 25 | 3.10× | 1.23× | ||
| Q1 25 | 2.97× | 1.20× | ||
| Q4 24 | 3.12× | 1.50× | ||
| Q3 24 | 3.43× | 1.54× | ||
| Q2 24 | 3.67× | 1.36× | ||
| Q1 24 | 3.79× | 1.44× |
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 | $4.1M | $-279.0K |
| 自由现金流经营现金流 - 资本支出 | — | $-1.9M |
| 自由现金流率自由现金流/营收 | — | -8.7% |
| 资本支出强度资本支出/营收 | — | 7.4% |
| 现金转化率经营现金流/净利润 | 0.65× | — |
| 过去12个月自由现金流最近4个季度 | — | $-18.6M |
8季度趋势，按日历期对齐
经营现金流ACRNOTE
| Q4 25 | $4.1M | $-279.0K | ||
| Q3 25 | $-9.4M | $-8.3M | ||
| Q2 25 | $11.8M | $-6.2M | ||
| Q1 25 | $-4.6M | $3.3M | ||
| Q4 24 | $19.4M | $-1.3M | ||
| Q3 24 | $8.4M | $-3.0M | ||
| Q2 24 | $6.9M | $-3.7M | ||
| Q1 24 | $3.3M | $2.7M |
自由现金流ACRNOTE
| Q4 25 | — | $-1.9M | ||
| Q3 25 | — | $-10.4M | ||
| Q2 25 | — | $-7.7M | ||
| Q1 25 | — | $1.3M | ||
| Q4 24 | — | $-3.4M | ||
| Q3 24 | — | $-5.4M | ||
| Q2 24 | — | $-6.5M | ||
| Q1 24 | — | $1.0M |
自由现金流率ACRNOTE
| Q4 25 | — | -8.7% | ||
| Q3 25 | — | -46.2% | ||
| Q2 25 | — | -33.0% | ||
| Q1 25 | — | 4.7% | ||
| Q4 24 | — | -11.4% | ||
| Q3 24 | — | -18.4% | ||
| Q2 24 | — | -22.1% | ||
| Q1 24 | — | 3.3% |
资本支出强度ACRNOTE
| Q4 25 | — | 7.4% | ||
| Q3 25 | — | 9.3% | ||
| Q2 25 | — | 6.4% | ||
| Q1 25 | — | 7.2% | ||
| Q4 24 | — | 6.8% | ||
| Q3 24 | — | 8.3% | ||
| Q2 24 | — | 9.4% | ||
| Q1 24 | — | 5.3% |
现金转化率ACRNOTE
| Q4 25 | 0.65× | — | ||
| Q3 25 | -0.52× | — | ||
| Q2 25 | 2.72× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.08× | — | ||
| Q3 24 | 1.05× | — | ||
| Q2 24 | 1.07× | — | ||
| Q1 24 | 0.68× | 0.05× |
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
ACR
| Other | $10.8M | 54% |
| Pacmulti JVLLC | $5.2M | 26% |
| Mccallum Jv Llc | $2.5M | 12% |
| Office Complex | $1.5M | 7% |
NOTE
| Subscription | $21.2M | 95% |
| Advisory Advertising And Other | $1.0M | 5% |
