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AlTi Global, Inc.（ALTI）与RCI HOSPITALITY HOLDINGS, INC.（RICK）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RCI HOSPITALITY HOLDINGS, INC.的1.2倍（$86.6M vs $70.9M），RCI HOSPITALITY HOLDINGS, INC.净利率更高（-7.8% vs -15.1%，领先7.4%），AlTi Global, Inc.同比增速更快（87.0% vs -3.1%），RCI HOSPITALITY HOLDINGS, INC.自由现金流更多（$11.5M vs $-52.2M），过去两年AlTi Global, Inc.的营收复合增速更高（30.6% vs -2.0%）
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。
RCI Hospitality控股通过子公司经营脱衣舞俱乐部、夜总会、运动酒吧与餐厅，同时还运营一家为成人俱乐部行业提供服务的传媒会展企业。公司于1995年完成首次公开募股上市，目前在纳斯达克全球市场挂牌交易。
ALTI vs RICK — 直观对比
营收规模更大
ALTI
是对方的1.2倍
$70.9M
营收增速更快
ALTI
高出90.2%
-3.1%
净利率更高
RICK
高出7.4%
-15.1%
自由现金流更多
RICK
多$63.7M
$-52.2M
两年增速更快
ALTI
近两年复合增速
-2.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $86.6M | $70.9M |
| 净利润 | $-13.1M | $-5.5M |
| 毛利率 | — | — |
| 营业利润率 | -2.1% | -0.7% |
| 净利率 | -15.1% | -7.8% |
| 营收同比 | 87.0% | -3.1% |
| 净利润同比 | 75.6% | -2354.9% |
| 每股收益（稀释后） | — | $-0.60 |
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ALTIRICK
| Q4 25 | $86.6M | — | ||
| Q3 25 | $57.2M | $70.9M | ||
| Q2 25 | $53.1M | $71.1M | ||
| Q1 25 | $58.0M | $65.9M | ||
| Q4 24 | $46.3M | $71.5M | ||
| Q3 24 | $51.8M | $73.2M | ||
| Q2 24 | $49.5M | $76.2M | ||
| Q1 24 | $50.8M | $72.3M |
净利润ALTIRICK
| Q4 25 | $-13.1M | — | ||
| Q3 25 | $-84.1M | $-5.5M | ||
| Q2 25 | $-24.4M | $4.1M | ||
| Q1 25 | $1.9M | $3.2M | ||
| Q4 24 | $-53.8M | $9.0M | ||
| Q3 24 | $-72.5M | $244.0K | ||
| Q2 24 | $-6.4M | $-5.2M | ||
| Q1 24 | $29.7M | $774.0K |
营业利润率ALTIRICK
| Q4 25 | -2.1% | — | ||
| Q3 25 | -49.8% | -0.7% | ||
| Q2 25 | -56.7% | 12.2% | ||
| Q1 25 | -23.3% | 12.4% | ||
| Q4 24 | -42.7% | 19.5% | ||
| Q3 24 | -18.4% | 4.8% | ||
| Q2 24 | -30.2% | -3.3% | ||
| Q1 24 | -28.9% | 6.4% |
净利率ALTIRICK
| Q4 25 | -15.1% | — | ||
| Q3 25 | -147.0% | -7.8% | ||
| Q2 25 | -45.9% | 5.7% | ||
| Q1 25 | 3.3% | 4.9% | ||
| Q4 24 | -116.1% | 12.6% | ||
| Q3 24 | -140.0% | 0.3% | ||
| Q2 24 | -12.9% | -6.9% | ||
| Q1 24 | 58.4% | 1.1% |
每股收益（稀释后）ALTIRICK
| Q4 25 | — | — | ||
| Q3 25 | — | $-0.60 | ||
| Q2 25 | $-0.33 | $0.46 | ||
| Q1 25 | $-0.04 | $0.36 | ||
| Q4 24 | $-0.71 | $1.01 | ||
| Q3 24 | $-0.88 | $0.04 | ||
| Q2 24 | $-0.18 | $-0.56 | ||
| Q1 24 | $0.18 | $0.08 |
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 | $41.2M | $33.7M |
| 总债务越低越好 | $883.0K | $238.2M |
| 股东权益账面价值 | $600.1M | $261.1M |
| 总资产 | $1.2B | $596.9M |
| 负债/权益比越低杠杆越低 | 0.00× | 0.91× |
8季度趋势，按日历期对齐
现金及短期投资ALTIRICK
| Q4 25 | $41.2M | — | ||
| Q3 25 | $35.8M | $33.7M | ||
| Q2 25 | $42.4M | $29.3M | ||
| Q1 25 | $52.8M | $32.7M | ||
| Q4 24 | $64.4M | $34.7M | ||
| Q3 24 | $220.6M | $32.4M | ||
| Q2 24 | $60.0M | $34.9M | ||
| Q1 24 | $134.2M | $20.0M |
总债务ALTIRICK
| Q4 25 | $883.0K | — | ||
| Q3 25 | $586.0K | $238.2M | ||
| Q2 25 | $673.0K | $243.8M | ||
| Q1 25 | — | $244.1M | ||
| Q4 24 | $0 | — | ||
| Q3 24 | $128.4M | $241.1M | ||
| Q2 24 | $164.0M | — | ||
| Q1 24 | $183.7M | — |
股东权益ALTIRICK
| Q4 25 | $600.1M | — | ||
| Q3 25 | $607.2M | $261.1M | ||
| Q2 25 | $685.4M | $269.5M | ||
| Q1 25 | $665.2M | $268.8M | ||
| Q4 24 | $658.4M | $269.0M | ||
| Q3 24 | $707.0M | $263.4M | ||
| Q2 24 | $540.2M | $271.2M | ||
| Q1 24 | $510.9M | $285.8M |
总资产ALTIRICK
| Q4 25 | $1.2B | — | ||
| Q3 25 | $1.2B | $596.9M | ||
| Q2 25 | $1.2B | $597.4M | ||
| Q1 25 | $1.2B | $589.8M | ||
| Q4 24 | $1.3B | $586.2M | ||
| Q3 24 | $1.4B | $584.4M | ||
| Q2 24 | $1.3B | $601.0M | ||
| Q1 24 | $1.3B | $609.9M |
负债/权益比ALTIRICK
| Q4 25 | 0.00× | — | ||
| Q3 25 | 0.00× | 0.91× | ||
| Q2 25 | 0.00× | 0.90× | ||
| Q1 25 | — | 0.91× | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | 0.18× | 0.92× | ||
| 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 | $-51.4M | $13.7M |
| 自由现金流经营现金流 - 资本支出 | $-52.2M | $11.5M |
| 自由现金流率自由现金流/营收 | -60.3% | 16.2% |
| 资本支出强度资本支出/营收 | 0.9% | 3.2% |
| 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 | — | $34.9M |
8季度趋势，按日历期对齐
经营现金流ALTIRICK
| Q4 25 | $-51.4M | — | ||
| Q3 25 | $-53.5M | $13.7M | ||
| Q2 25 | $-19.9M | $13.8M | ||
| Q1 25 | $-30.2M | $8.5M | ||
| Q4 24 | $-50.7M | $13.3M | ||
| Q3 24 | $-4.9M | $15.7M | ||
| Q2 24 | $-30.2M | $15.8M | ||
| Q1 24 | $-15.5M | $10.8M |
自由现金流ALTIRICK
| Q4 25 | $-52.2M | — | ||
| Q3 25 | — | $11.5M | ||
| Q2 25 | $-20.0M | $10.1M | ||
| Q1 25 | $-31.0M | $5.7M | ||
| Q4 24 | $-58.2M | $7.6M | ||
| Q3 24 | $-9.4M | $10.3M | ||
| Q2 24 | $-31.2M | $9.3M | ||
| Q1 24 | $-15.7M | $3.2M |
自由现金流率ALTIRICK
| Q4 25 | -60.3% | — | ||
| Q3 25 | — | 16.2% | ||
| Q2 25 | -37.6% | 14.2% | ||
| Q1 25 | -53.4% | 8.6% | ||
| Q4 24 | -125.7% | 10.6% | ||
| Q3 24 | -18.2% | 14.0% | ||
| Q2 24 | -63.2% | 12.3% | ||
| Q1 24 | -30.9% | 4.4% |
资本支出强度ALTIRICK
| Q4 25 | 0.9% | — | ||
| Q3 25 | 0.0% | 3.2% | ||
| Q2 25 | 0.0% | 5.2% | ||
| Q1 25 | 1.3% | 4.3% | ||
| Q4 24 | 16.3% | 8.0% | ||
| Q3 24 | 8.7% | 7.3% | ||
| Q2 24 | 2.2% | 8.4% | ||
| Q1 24 | 0.4% | 10.6% |
现金转化率ALTIRICK
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 3.40× | ||
| Q1 25 | -15.80× | 2.65× | ||
| Q4 24 | — | 1.48× | ||
| Q3 24 | — | 64.14× | ||
| Q2 24 | — | — | ||
| Q1 24 | -0.52× | 14.00× |
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
ALTI
| Management Advisory Fees | $51.1M | 59% |
| Other | $32.7M | 38% |
| Distributions From Investments | $2.9M | 3% |
RICK
| Transferred At Point In Time | $60.8M | 86% |
| Food And Merchandise | $10.4M | 15% |
