vs
ACACIA RESEARCH CORP（ACTG）与Royalty Management Holding Corp（RMCO）财务数据对比。点击上方公司名可切换其他公司
ACACIA RESEARCH CORP的季度营收约是Royalty Management Holding Corp的35.9倍（$50.1M vs $1.4M）。ACACIA RESEARCH CORP净利率更高（6.8% vs -29.3%，领先36.1%）。Royalty Management Holding Corp同比增速更快（469.8% vs 2.6%）。过去两年Royalty Management Holding Corp的营收复合增速更高（193.5% vs 43.6%）
槐亚研究公司是一家总部位于纽约市的美国上市企业，在科技、能源以及工业制造领域开展业务收购与运营工作。该公司与控股股东斯塔博德价值投资合伙企业保持战略伙伴关系，这家企业在业内常被归类为专利流氓。
本公司旗下的Royalties是总部位于法国巴黎的品牌管理机构，该机构最早于2008年由阳狮环球与欧睿集团咨询联合创立，最初名为阳狮Royalties，如今由两位创始合伙人独立持有，在法国和中国均设有办公点。
ACTG vs RMCO — 直观对比
营收规模更大
ACTG
是对方的35.9倍
$1.4M
营收增速更快
RMCO
高出467.1%
2.6%
净利率更高
ACTG
高出36.1%
-29.3%
两年增速更快
RMCO
近两年复合增速
43.6%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $50.1M | $1.4M |
| 净利润 | $3.4M | $-409.5K |
| 毛利率 | 12.8% | 12.9% |
| 营业利润率 | -26.1% | -2.6% |
| 净利率 | 6.8% | -29.3% |
| 营收同比 | 2.6% | 469.8% |
| 净利润同比 | 125.5% | -1216.7% |
| 每股收益（稀释后） | $0.03 | $-0.04 |
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ACTGRMCO
| Q4 25 | $50.1M | $1.4M | ||
| Q3 25 | $59.4M | $1.3M | ||
| Q2 25 | $51.2M | $1.3M | ||
| Q1 25 | $124.4M | $923.2K | ||
| Q4 24 | $48.8M | $245.1K | ||
| Q3 24 | $23.3M | $145.6K | ||
| Q2 24 | $25.8M | $254.2K | ||
| Q1 24 | $24.3M | $162.1K |
净利润ACTGRMCO
| Q4 25 | $3.4M | $-409.5K | ||
| Q3 25 | $-2.7M | $-209.1K | ||
| Q2 25 | $-3.3M | $-49.5K | ||
| Q1 25 | $24.3M | $-58.8K | ||
| Q4 24 | $-13.4M | $-31.1K | ||
| Q3 24 | $-14.0M | $-119.2K | ||
| Q2 24 | $-8.4M | $-117.8K | ||
| Q1 24 | $-186.0K | $153.8K |
毛利率ACTGRMCO
| Q4 25 | 12.8% | 12.9% | ||
| Q3 25 | 21.2% | 11.2% | ||
| Q2 25 | 12.8% | 17.0% | ||
| Q1 25 | 47.4% | 27.4% | ||
| Q4 24 | 17.6% | 99.5% | ||
| Q3 24 | 10.1% | 96.3% | ||
| Q2 24 | 26.2% | 94.7% | ||
| Q1 24 | 49.2% | 98.3% |
营业利润率ACTGRMCO
| Q4 25 | -26.1% | -2.6% | ||
| Q3 25 | -10.8% | -7.6% | ||
| Q2 25 | -24.2% | -3.6% | ||
| Q1 25 | 30.8% | -12.0% | ||
| Q4 24 | -32.4% | -8.9% | ||
| Q3 24 | -44.1% | -116.4% | ||
| Q2 24 | -18.4% | -53.1% | ||
| Q1 24 | -8.6% | 8.5% |
净利率ACTGRMCO
| Q4 25 | 6.8% | -29.3% | ||
| Q3 25 | -4.6% | -16.0% | ||
| Q2 25 | -6.4% | -3.7% | ||
| Q1 25 | 19.5% | -6.4% | ||
| Q4 24 | -27.5% | -12.7% | ||
| Q3 24 | -60.0% | -81.8% | ||
| Q2 24 | -32.7% | -46.3% | ||
| Q1 24 | -0.8% | 94.9% |
每股收益（稀释后）ACTGRMCO
| Q4 25 | $0.03 | $-0.04 | ||
| Q3 25 | $-0.03 | $-0.01 | ||
| Q2 25 | $-0.03 | $0.00 | ||
| Q1 25 | $0.25 | $0.00 | ||
| Q4 24 | $-0.14 | $0.00 | ||
| Q3 24 | $-0.14 | $-0.01 | ||
| Q2 24 | $-0.08 | $-0.01 | ||
| Q1 24 | $0.00 | $0.01 |
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 | $306.7M | $133.1K |
| 总债务越低越好 | $91.9M | — |
| 股东权益账面价值 | $543.5M | $13.7M |
| 总资产 | $771.0M | $16.7M |
| 负债/权益比越低杠杆越低 | 0.17× | — |
8季度趋势，按日历期对齐
现金及短期投资ACTGRMCO
| Q4 25 | $306.7M | $133.1K | ||
| Q3 25 | $301.8M | $173.2K | ||
| Q2 25 | $316.7M | $146.7K | ||
| Q1 25 | $272.0M | $132.5K | ||
| Q4 24 | $273.9M | $114.1K | ||
| Q3 24 | $410.9M | $145.4K | ||
| Q2 24 | $441.9M | $39.1K | ||
| Q1 24 | $498.4M | — |
总债务ACTGRMCO
| Q4 25 | $91.9M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $250.0K | ||
| Q1 25 | — | $250.0K | ||
| Q4 24 | — | $250.0K | ||
| Q3 24 | — | $252.0K | ||
| Q2 24 | — | $1.6M | ||
| Q1 24 | — | $2.2M |
股东权益ACTGRMCO
| Q4 25 | $543.5M | $13.7M | ||
| Q3 25 | $537.6M | $14.1M | ||
| Q2 25 | $538.6M | $13.9M | ||
| Q1 25 | $540.2M | $14.0M | ||
| Q4 24 | $514.8M | $13.6M | ||
| Q3 24 | $540.2M | $13.5M | ||
| Q2 24 | $560.7M | $12.2M | ||
| Q1 24 | $568.3M | $11.6M |
总资产ACTGRMCO
| Q4 25 | $771.0M | $16.7M | ||
| Q3 25 | $768.9M | $18.0M | ||
| Q2 25 | $775.5M | $16.9M | ||
| Q1 25 | $801.6M | $15.7M | ||
| Q4 24 | $756.4M | $15.0M | ||
| Q3 24 | $707.6M | $15.4M | ||
| Q2 24 | $753.6M | $15.2M | ||
| Q1 24 | $631.7M | $15.1M |
负债/权益比ACTGRMCO
| Q4 25 | 0.17× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 0.02× | ||
| Q1 25 | — | 0.02× | ||
| Q4 24 | — | 0.02× | ||
| Q3 24 | — | 0.02× | ||
| Q2 24 | — | 0.13× | ||
| Q1 24 | — | 0.19× |
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 | $13.2M | $46.0K |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 3.85× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流ACTGRMCO
| Q4 25 | $13.2M | $46.0K | ||
| Q3 25 | $9.5M | $21.9K | ||
| Q2 25 | $50.1M | $250.2K | ||
| Q1 25 | $2.4M | $-327.1K | ||
| Q4 24 | $-20.3M | $898.9K | ||
| Q3 24 | $-593.0K | $439.8K | ||
| Q2 24 | $16.1M | $-407.1K | ||
| Q1 24 | $54.8M | $-285.3K |
自由现金流ACTGRMCO
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $335.0K | — | ||
| Q4 24 | $-23.6M | — | ||
| Q3 24 | $-2.8M | — | ||
| Q2 24 | $-126.7M | — | ||
| Q1 24 | $54.6M | — |
自由现金流率ACTGRMCO
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.3% | — | ||
| Q4 24 | -48.2% | — | ||
| Q3 24 | -12.1% | — | ||
| Q2 24 | -490.5% | — | ||
| Q1 24 | 224.4% | — |
资本支出强度ACTGRMCO
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 1.7% | — | ||
| Q4 24 | 6.7% | — | ||
| Q3 24 | 9.6% | — | ||
| Q2 24 | 553.0% | — | ||
| Q1 24 | 1.1% | — |
现金转化率ACTGRMCO
| Q4 25 | 3.85× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.10× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -1.86× |
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
ACTG
| Energy Operations | $16.0M | 32% |
| Transportation Safety | $10.4M | 21% |
| Office Storage And Display Solutions | $8.4M | 17% |
| Printers Consumables And Parts | $6.5M | 13% |
| Natural Gas Reserves | $5.1M | 10% |
| Natural Gas Liquids Reserves | $3.3M | 7% |
RMCO
暂无分部数据
