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ADAMAS TRUST, INC.（ADAM）与BGSF, INC.（BGSF）财务数据对比。点击上方公司名可切换其他公司
ADAMAS TRUST, INC.的季度营收约是BGSF, INC.的2.0倍（$43.2M vs $22.0M），ADAMAS TRUST, INC.净利率更高（124.0% vs -5.3%，领先129.3%），ADAMAS TRUST, INC.同比增速更快（61.6% vs -9.4%），ADAMAS TRUST, INC.自由现金流更多（$125.9M vs $1.7M），过去两年ADAMAS TRUST, INC.的营收复合增速更高（55.5% vs -5.3%）
BGSF Inc.是一家总部位于美国的领先人力资源解决方案提供商，提供定制化人员派遣、人才招聘和全流程劳动力管理服务，覆盖信息技术、医疗健康、专业行政、轻工业、创意产业等核心领域，服务北美各规模的企业客户。
ADAM vs BGSF — 直观对比
营收规模更大
ADAM
是对方的2.0倍
$22.0M
营收增速更快
ADAM
高出71.0%
-9.4%
净利率更高
ADAM
高出129.3%
-5.3%
自由现金流更多
ADAM
多$124.2M
$1.7M
两年增速更快
ADAM
近两年复合增速
-5.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $43.2M | $22.0M |
| 净利润 | $53.5M | $-1.2M |
| 毛利率 | — | 35.0% |
| 营业利润率 | — | -17.6% |
| 净利率 | 124.0% | -5.3% |
| 营收同比 | 61.6% | -9.4% |
| 净利润同比 | 270.5% | -18.2% |
| 每股收益（稀释后） | $0.45 | $-0.12 |
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ADAMBGSF
| Q4 25 | $43.2M | $22.0M | ||
| Q3 25 | $36.6M | $26.9M | ||
| Q2 25 | $36.4M | $23.5M | ||
| Q1 25 | $33.1M | $20.9M | ||
| Q4 24 | $26.7M | $24.3M | ||
| Q3 24 | $20.2M | $29.8M | ||
| Q2 24 | $19.0M | $25.7M | ||
| Q1 24 | $17.9M | $24.5M |
净利润ADAMBGSF
| Q4 25 | $53.5M | $-1.2M | ||
| Q3 25 | $44.8M | $-5.8M | ||
| Q2 25 | $8.5M | $-3.7M | ||
| Q1 25 | $42.2M | $-722.0K | ||
| Q4 24 | $-31.4M | $-981.0K | ||
| Q3 24 | $42.8M | $-804.0K | ||
| Q2 24 | $-15.6M | $-761.0K | ||
| Q1 24 | $-57.9M | $-792.0K |
毛利率ADAMBGSF
| Q4 25 | — | 35.0% | ||
| Q3 25 | — | 35.9% | ||
| Q2 25 | — | 35.8% | ||
| Q1 25 | — | 36.2% | ||
| Q4 24 | — | 35.9% | ||
| Q3 24 | — | 35.9% | ||
| Q2 24 | — | 37.3% | ||
| Q1 24 | — | 38.1% |
营业利润率ADAMBGSF
| Q4 25 | — | -17.6% | ||
| Q3 25 | — | -3.5% | ||
| Q2 25 | 11.7% | -18.8% | ||
| Q1 25 | — | 1.6% | ||
| Q4 24 | -119.0% | -15.7% | ||
| Q3 24 | — | -3.4% | ||
| Q2 24 | -124.7% | -5.7% | ||
| Q1 24 | -448.8% | 1.7% |
净利率ADAMBGSF
| Q4 25 | 124.0% | -5.3% | ||
| Q3 25 | 122.5% | -21.6% | ||
| Q2 25 | 23.4% | -15.9% | ||
| Q1 25 | 127.4% | -3.5% | ||
| Q4 24 | -117.5% | -4.0% | ||
| Q3 24 | 211.7% | -2.7% | ||
| Q2 24 | -81.9% | -3.0% | ||
| Q1 24 | -324.1% | -3.2% |
每股收益（稀释后）ADAMBGSF
| Q4 25 | $0.45 | $-0.12 | ||
| Q3 25 | $0.36 | $-0.52 | ||
| Q2 25 | $-0.04 | $-0.34 | ||
| Q1 25 | $0.33 | $-0.06 | ||
| Q4 24 | $-0.46 | — | ||
| Q3 24 | $0.36 | $-0.07 | ||
| Q2 24 | $-0.29 | $-0.07 | ||
| Q1 24 | $-0.75 | — |
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 | $210.3M | — |
| 总债务越低越好 | $735.8M | — |
| 股东权益账面价值 | $1.4B | $48.1M |
| 总资产 | $12.6B | $57.8M |
| 负债/权益比越低杠杆越低 | 0.52× | — |
8季度趋势，按日历期对齐
现金及短期投资ADAMBGSF
| Q4 25 | $210.3M | — | ||
| Q3 25 | $185.3M | $41.2M | ||
| Q2 25 | $160.4M | $2.8M | ||
| Q1 25 | $177.1M | $2.0M | ||
| Q4 24 | $167.4M | $32.0K | ||
| Q3 24 | $195.1M | $262 | ||
| Q2 24 | $235.5M | $226 | ||
| Q1 24 | $226.9M | $50 |
总债务ADAMBGSF
| Q4 25 | $735.8M | — | ||
| Q3 25 | $766.6M | — | ||
| Q2 25 | $653.0M | — | ||
| Q1 25 | $654.4M | — | ||
| Q4 24 | $573.2M | — | ||
| Q3 24 | $699.4M | — | ||
| Q2 24 | $800.7M | — | ||
| Q1 24 | $1.0B | — |
股东权益ADAMBGSF
| Q4 25 | $1.4B | $48.1M | ||
| Q3 25 | $1.4B | $50.7M | ||
| Q2 25 | $1.4B | $78.3M | ||
| Q1 25 | $1.4B | $81.8M | ||
| Q4 24 | $1.4B | $82.3M | ||
| Q3 24 | $1.4B | $82.9M | ||
| Q2 24 | $1.4B | $83.2M | ||
| Q1 24 | $1.5B | $83.6M |
总资产ADAMBGSF
| Q4 25 | $12.6B | $57.8M | ||
| Q3 25 | $12.4B | $83.6M | ||
| Q2 25 | $10.6B | $149.7M | ||
| Q1 25 | $10.0B | $152.3M | ||
| Q4 24 | $9.2B | $150.1M | ||
| Q3 24 | $8.9B | $157.3K | ||
| Q2 24 | $8.2B | $159.8K | ||
| Q1 24 | $7.4B | $170.6K |
负债/权益比ADAMBGSF
| Q4 25 | 0.52× | — | ||
| Q3 25 | 0.55× | — | ||
| Q2 25 | 0.47× | — | ||
| Q1 25 | 0.47× | — | ||
| Q4 24 | 0.41× | — | ||
| Q3 24 | 0.48× | — | ||
| Q2 24 | 0.56× | — | ||
| Q1 24 | 0.67× | — |
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 | $134.0M | $1.7M |
| 自由现金流经营现金流 - 资本支出 | $125.9M | $1.7M |
| 自由现金流率自由现金流/营收 | 291.6% | 7.6% |
| 资本支出强度资本支出/营收 | 18.9% | 0.1% |
| 现金转化率经营现金流/净利润 | 2.50× | — |
| 过去12个月自由现金流最近4个季度 | — | $-16.0K |
8季度趋势，按日历期对齐
经营现金流ADAMBGSF
| Q4 25 | $134.0M | $1.7M | ||
| Q3 25 | $6.9M | $-4.8M | ||
| Q2 25 | $39.2M | $2.2M | ||
| Q1 25 | $25.8M | $1.1M | ||
| Q4 24 | $14.1M | $3.2M | ||
| Q3 24 | $-922.0K | $6.5M | ||
| Q2 24 | $-993.0K | $7.3M | ||
| Q1 24 | $-13.1M | $7.4M |
自由现金流ADAMBGSF
| Q4 25 | $125.9M | $1.7M | ||
| Q3 25 | — | $-4.9M | ||
| Q2 25 | — | $2.1M | ||
| Q1 25 | — | $1.0M | ||
| Q4 24 | $-10.6M | $2.5M | ||
| Q3 24 | $-8.6M | $6.5M | ||
| Q2 24 | $-8.6M | $7.3M | ||
| Q1 24 | $-19.1M | $6.9M |
自由现金流率ADAMBGSF
| Q4 25 | 291.6% | 7.6% | ||
| Q3 25 | — | -18.1% | ||
| Q2 25 | — | 9.1% | ||
| Q1 25 | — | 5.0% | ||
| Q4 24 | -39.6% | 10.2% | ||
| Q3 24 | -42.3% | 21.7% | ||
| Q2 24 | -44.9% | 28.5% | ||
| Q1 24 | -107.0% | 28.1% |
资本支出强度ADAMBGSF
| Q4 25 | 18.9% | 0.1% | ||
| Q3 25 | — | 0.4% | ||
| Q2 25 | — | 0.0% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | 92.3% | 3.0% | ||
| Q3 24 | 37.7% | 0.0% | ||
| Q2 24 | 39.7% | 0.0% | ||
| Q1 24 | 33.5% | 2.0% |
现金转化率ADAMBGSF
| Q4 25 | 2.50× | — | ||
| Q3 25 | 0.15× | — | ||
| Q2 25 | 4.59× | — | ||
| Q1 25 | 0.61× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -0.02× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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
ADAM
| Other | $19.6M | 45% |
| Constructive Loans LLC | $14.4M | 33% |
| Multifamily | $9.1M | 21% |
BGSF
| Contract Field Talent | $21.4M | 97% |
| Other | $595.0K | 3% |
