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AMERICAN SHARED HOSPITAL SERVICES（AMS）与Digimarc CORP（DMRC）财务数据对比。点击上方公司名可切换其他公司
Digimarc CORP的季度营收约是AMERICAN SHARED HOSPITAL SERVICES的1.2倍（$8.9M vs $7.7M），AMERICAN SHARED HOSPITAL SERVICES净利率更高（-8.2% vs -47.2%，领先39.1%），Digimarc CORP同比增速更快（2.9% vs -14.8%），Digimarc CORP自由现金流更多（$895.0K vs $-2.7M），过去两年AMERICAN SHARED HOSPITAL SERVICES的营收复合增速更高（21.7% vs -5.3%）
美国共享医院服务公司为医疗机构提供放射治疗、立体定向放射外科及诊断成像设备的整体外包解决方案，免除医院高昂的前期资本投入，主要业务覆盖北美，同时服务拉美及部分亚太地区的公立、私立医院客户。
迪吉马克公司是一家企业软件与服务提供商，其主打产品包含带数字标识符的软件，主要用于解决防伪问题、验证产品真伪、提升回收准确性以及实现供应链可追溯，产品可广泛应用于服装、快消品、美妆健康、汽车等多个行业领域。
AMS vs DMRC — 直观对比
营收规模更大
DMRC
是对方的1.2倍
$7.7M
营收增速更快
DMRC
高出17.7%
-14.8%
净利率更高
AMS
高出39.1%
-47.2%
自由现金流更多
DMRC
多$3.6M
$-2.7M
两年增速更快
AMS
近两年复合增速
-5.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $7.7M | $8.9M |
| 净利润 | $-631.0K | $-4.2M |
| 毛利率 | 11.7% | 63.5% |
| 营业利润率 | -18.1% | -48.2% |
| 净利率 | -8.2% | -47.2% |
| 营收同比 | -14.8% | 2.9% |
| 净利润同比 | 52.5% | 51.4% |
| 每股收益（稀释后） | $-0.09 | $-0.18 |
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AMSDMRC
| Q4 25 | $7.7M | $8.9M | ||
| Q3 25 | $7.2M | $7.6M | ||
| Q2 25 | $7.1M | $8.0M | ||
| Q1 25 | $6.1M | $9.4M | ||
| Q4 24 | $9.1M | $8.7M | ||
| Q3 24 | $7.0M | $9.4M | ||
| Q2 24 | $7.1M | $10.4M | ||
| Q1 24 | $5.2M | $9.9M |
净利润AMSDMRC
| Q4 25 | $-631.0K | $-4.2M | ||
| Q3 25 | $-17.0K | $-8.2M | ||
| Q2 25 | $-280.0K | $-8.2M | ||
| Q1 25 | $-625.0K | $-11.7M | ||
| Q4 24 | $-1.3M | $-8.6M | ||
| Q3 24 | $-207.0K | $-10.8M | ||
| Q2 24 | $3.6M | $-9.3M | ||
| Q1 24 | $119.0K | $-10.3M |
毛利率AMSDMRC
| Q4 25 | 11.7% | 63.5% | ||
| Q3 25 | 22.1% | 58.3% | ||
| Q2 25 | 23.1% | 58.8% | ||
| Q1 25 | 15.4% | 65.0% | ||
| Q4 24 | 35.3% | 60.8% | ||
| Q3 24 | 19.6% | 62.4% | ||
| Q2 24 | 35.0% | 66.1% | ||
| Q1 24 | 41.1% | 62.5% |
营业利润率AMSDMRC
| Q4 25 | -18.1% | -48.2% | ||
| Q3 25 | -4.8% | -109.7% | ||
| Q2 25 | -7.7% | -105.2% | ||
| Q1 25 | -21.3% | -128.9% | ||
| Q4 24 | -20.2% | -105.1% | ||
| Q3 24 | -12.7% | -120.4% | ||
| Q2 24 | -0.0% | -96.2% | ||
| Q1 24 | -1.6% | -109.2% |
净利率AMSDMRC
| Q4 25 | -8.2% | -47.2% | ||
| Q3 25 | -0.2% | -106.9% | ||
| Q2 25 | -4.0% | -102.6% | ||
| Q1 25 | -10.2% | -125.2% | ||
| Q4 24 | -14.6% | -99.9% | ||
| Q3 24 | -3.0% | -113.9% | ||
| Q2 24 | 51.0% | -89.3% | ||
| Q1 24 | 2.3% | -104.0% |
每股收益（稀释后）AMSDMRC
| Q4 25 | $-0.09 | $-0.18 | ||
| Q3 25 | $0.00 | $-0.38 | ||
| Q2 25 | $-0.04 | $-0.38 | ||
| Q1 25 | $-0.10 | $-0.55 | ||
| Q4 24 | $-0.21 | $-0.40 | ||
| Q3 24 | $-0.03 | $-0.50 | ||
| Q2 24 | $0.55 | $-0.43 | ||
| Q1 24 | $0.02 | $-0.50 |
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 | $3.5M | $12.9M |
| 总债务越低越好 | $17.4M | — |
| 股东权益账面价值 | $24.0M | $40.2M |
| 总资产 | $55.5M | $53.0M |
| 负债/权益比越低杠杆越低 | 0.72× | — |
8季度趋势，按日历期对齐
现金及短期投资AMSDMRC
| Q4 25 | $3.5M | $12.9M | ||
| Q3 25 | $5.1M | $12.6M | ||
| Q2 25 | $11.1M | $16.1M | ||
| Q1 25 | $11.2M | $21.6M | ||
| Q4 24 | $11.0M | $28.7M | ||
| Q3 24 | $13.8M | $33.7M | ||
| Q2 24 | $14.2M | $41.5M | ||
| Q1 24 | $12.8M | $48.9M |
总债务AMSDMRC
| Q4 25 | $17.4M | — | ||
| Q3 25 | $18.2M | — | ||
| Q2 25 | $19.1M | — | ||
| Q1 25 | $19.9M | — | ||
| Q4 24 | $20.4M | — | ||
| Q3 24 | $14.4M | — | ||
| Q2 24 | $15.1M | — | ||
| Q1 24 | $15.6M | — |
股东权益AMSDMRC
| Q4 25 | $24.0M | $40.2M | ||
| Q3 25 | $24.6M | $41.4M | ||
| Q2 25 | $24.5M | $46.5M | ||
| Q1 25 | $24.6M | $50.0M | ||
| Q4 24 | $25.2M | $61.4M | ||
| Q3 24 | $26.4M | $70.2M | ||
| Q2 24 | $26.5M | $77.2M | ||
| Q1 24 | $22.8M | $84.5M |
总资产AMSDMRC
| Q4 25 | $55.5M | $53.0M | ||
| Q3 25 | $59.6M | $55.4M | ||
| Q2 25 | $63.5M | $60.7M | ||
| Q1 25 | $63.3M | $66.5M | ||
| Q4 24 | $60.2M | $75.8M | ||
| Q3 24 | $63.3M | $85.0M | ||
| Q2 24 | $60.8M | $93.4M | ||
| Q1 24 | $50.1M | $99.7M |
负债/权益比AMSDMRC
| Q4 25 | 0.72× | — | ||
| Q3 25 | 0.74× | — | ||
| Q2 25 | 0.78× | — | ||
| Q1 25 | 0.81× | — | ||
| Q4 24 | 0.81× | — | ||
| Q3 24 | 0.54× | — | ||
| Q2 24 | 0.57× | — | ||
| Q1 24 | 0.68× | — |
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 | $-704.0K | $991.0K |
| 自由现金流经营现金流 - 资本支出 | $-2.7M | $895.0K |
| 自由现金流率自由现金流/营收 | -34.8% | 10.0% |
| 资本支出强度资本支出/营收 | 25.7% | 1.1% |
| 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 | $-8.5M | $-12.3M |
8季度趋势，按日历期对齐
经营现金流AMSDMRC
| Q4 25 | $-704.0K | $991.0K | ||
| Q3 25 | $1.7M | $-2.6M | ||
| Q2 25 | $-372.0K | $-4.7M | ||
| Q1 25 | $2.5M | $-5.5M | ||
| Q4 24 | $274.0K | $-4.2M | ||
| Q3 24 | $472.0K | $-7.1M | ||
| Q2 24 | $1.3M | $-6.8M | ||
| Q1 24 | $-1.9M | $-8.4M |
自由现金流AMSDMRC
| Q4 25 | $-2.7M | $895.0K | ||
| Q3 25 | $-2.0M | $-2.8M | ||
| Q2 25 | $-2.3M | $-4.9M | ||
| Q1 25 | $-1.5M | $-5.5M | ||
| Q4 24 | $-4.4M | $-4.2M | ||
| Q3 24 | $-407.0K | $-7.2M | ||
| Q2 24 | $70.0K | $-6.9M | ||
| Q1 24 | $-3.0M | $-8.5M |
自由现金流率AMSDMRC
| Q4 25 | -34.8% | 10.0% | ||
| Q3 25 | -28.3% | -36.9% | ||
| Q2 25 | -32.1% | -61.0% | ||
| Q1 25 | -24.7% | -59.1% | ||
| Q4 24 | -48.4% | -49.1% | ||
| Q3 24 | -5.8% | -75.7% | ||
| Q2 24 | 1.0% | -66.1% | ||
| Q1 24 | -58.4% | -85.8% |
资本支出强度AMSDMRC
| Q4 25 | 25.7% | 1.1% | ||
| Q3 25 | 51.6% | 2.9% | ||
| Q2 25 | 26.9% | 2.5% | ||
| Q1 25 | 65.7% | 0.6% | ||
| Q4 24 | 51.4% | 0.2% | ||
| Q3 24 | 12.6% | 0.7% | ||
| Q2 24 | 17.2% | 0.3% | ||
| Q1 24 | 22.7% | 1.1% |
现金转化率AMSDMRC
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.36× | — | ||
| Q1 24 | -15.67× | — |
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
AMS
| Direct Patient Services | $4.0M | 51% |
| Rental Income From Medical Services | $2.7M | 35% |
| Pbrt Services | $1.2M | 15% |
DMRC
| Subscription | $5.3M | 60% |
| The Government | $3.6M | 41% |
