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AEMETIS, INC（AMTX）与AST SpaceMobile, Inc.（ASTS）财务数据对比。点击上方公司名可切换其他公司
AST SpaceMobile, Inc.的季度营收约是AEMETIS, INC的1.3倍（$54.3M vs $43.3M），AST SpaceMobile, Inc.同比增速更快（2758.2% vs -7.9%），AEMETIS, INC自由现金流更多（$-10.8M vs $-330.7M）
Aemetis是一家可再生燃料与可持续生物化学品生产商，业务覆盖北美和印度市场，核心产品包括低碳乙醇、可再生天然气及生物柴油，主要服务交通、工业和农业领域，为商业客户提供脱碳解决方案。
AST SpaceMobile是总部位于美国得克萨斯州米德兰的上市卫星设计与制造企业，目前正搭建SpaceMobile卫星星座，打造可直接对接未改装普通智能手机的天基蜂窝宽带网络，面向全球偏远及通信服务薄弱地区提供4G、5G宽带覆盖服务。
AMTX vs ASTS — 直观对比
营收规模更大
ASTS
是对方的1.3倍
$43.3M
营收增速更快
ASTS
高出2766.0%
-7.9%
自由现金流更多
AMTX
多$319.9M
$-330.7M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $43.3M | $54.3M |
| 净利润 | — | $-74.0M |
| 毛利率 | 17.8% | — |
| 营业利润率 | -5.7% | -175.0% |
| 净利率 | — | -136.2% |
| 营收同比 | -7.9% | 2758.2% |
| 净利润同比 | — | -106.3% |
| 每股收益（稀释后） | $-0.03 | — |
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AMTXASTS
| Q4 25 | $43.3M | $54.3M | ||
| Q3 25 | $59.2M | $14.7M | ||
| Q2 25 | $52.2M | — | ||
| Q1 25 | $42.9M | — | ||
| Q4 24 | $47.0M | — | ||
| Q3 24 | $81.4M | — | ||
| Q2 24 | $66.6M | — | ||
| Q1 24 | $72.6M | — |
净利润AMTXASTS
| Q4 25 | — | $-74.0M | ||
| Q3 25 | $-23.7M | $-122.9M | ||
| Q2 25 | $-23.4M | — | ||
| Q1 25 | $-24.5M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $-17.9M | — | ||
| Q2 24 | $-29.2M | — | ||
| Q1 24 | $-24.2M | — |
毛利率AMTXASTS
| Q4 25 | 17.8% | — | ||
| Q3 25 | -0.1% | — | ||
| Q2 25 | -6.4% | — | ||
| Q1 25 | -11.8% | — | ||
| Q4 24 | -4.3% | — | ||
| Q3 24 | 4.8% | — | ||
| Q2 24 | -2.7% | — | ||
| Q1 24 | -0.8% | — |
营业利润率AMTXASTS
| Q4 25 | -5.7% | -175.0% | ||
| Q3 25 | -14.4% | -1109.0% | ||
| Q2 25 | -20.4% | — | ||
| Q1 25 | -36.3% | — | ||
| Q4 24 | -28.7% | — | ||
| Q3 24 | -4.8% | — | ||
| Q2 24 | -20.4% | — | ||
| Q1 24 | -13.0% | — |
净利率AMTXASTS
| Q4 25 | — | -136.2% | ||
| Q3 25 | -40.1% | -833.7% | ||
| Q2 25 | -44.8% | — | ||
| Q1 25 | -57.2% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -22.0% | — | ||
| Q2 24 | -43.8% | — | ||
| Q1 24 | -33.4% | — |
每股收益（稀释后）AMTXASTS
| Q4 25 | $-0.03 | — | ||
| Q3 25 | $-0.37 | — | ||
| Q2 25 | $-0.41 | — | ||
| Q1 25 | $-0.47 | — | ||
| Q4 24 | $-0.29 | — | ||
| Q3 24 | $-0.38 | — | ||
| Q2 24 | $-0.66 | — | ||
| Q1 24 | $-0.58 | — |
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 | $4.9M | $4.3B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $-306.8M | $2.4B |
| 总资产 | $259.8M | $5.0B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资AMTXASTS
| Q4 25 | $4.9M | $4.3B | ||
| Q3 25 | $5.6M | $2.4B | ||
| Q2 25 | $1.6M | — | ||
| Q1 25 | $499.0K | — | ||
| Q4 24 | $898.0K | — | ||
| Q3 24 | $296.0K | — | ||
| Q2 24 | $234.0K | — | ||
| Q1 24 | $1.6M | — |
总债务AMTXASTS
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $338.1M | — | ||
| Q3 24 | $322.2M | — | ||
| Q2 24 | $309.0M | — | ||
| Q1 24 | $307.2M | — |
股东权益AMTXASTS
| Q4 25 | $-306.8M | $2.4B | ||
| Q3 25 | $-304.9M | $1.6B | ||
| Q2 25 | $-289.3M | — | ||
| Q1 25 | $-280.7M | — | ||
| Q4 24 | $-263.9M | — | ||
| Q3 24 | $-258.9M | — | ||
| Q2 24 | $-249.0M | — | ||
| Q1 24 | $-232.1M | — |
总资产AMTXASTS
| Q4 25 | $259.8M | $5.0B | ||
| Q3 25 | $241.1M | $2.6B | ||
| Q2 25 | $240.0M | — | ||
| Q1 25 | $242.5M | — | ||
| Q4 24 | $259.3M | — | ||
| Q3 24 | $259.3M | — | ||
| Q2 24 | $259.3M | — | ||
| Q1 24 | $259.3M | — |
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 | $5.8M | $65.0M |
| 自由现金流经营现金流 - 资本支出 | $-10.8M | $-330.7M |
| 自由现金流率自由现金流/营收 | -24.9% | -609.0% |
| 资本支出强度资本支出/营收 | 38.2% | 728.7% |
| 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 | $-22.7M | $-790.4M |
8季度趋势，按日历期对齐
经营现金流AMTXASTS
| Q4 25 | $5.8M | $65.0M | ||
| Q3 25 | $3.1M | $-64.5M | ||
| Q2 25 | $-5.7M | — | ||
| Q1 25 | $160.0K | — | ||
| Q4 24 | $-12.6M | — | ||
| Q3 24 | $-5.0M | — | ||
| Q2 24 | $-5.1M | — | ||
| Q1 24 | $-10.3M | — |
自由现金流AMTXASTS
| Q4 25 | $-10.8M | $-330.7M | ||
| Q3 25 | $-1.0M | $-302.9M | ||
| Q2 25 | $-9.3M | — | ||
| Q1 25 | $-1.7M | — | ||
| Q4 24 | $-19.4M | — | ||
| Q3 24 | $-9.5M | — | ||
| Q2 24 | $-10.5M | — | ||
| Q1 24 | $-13.9M | — |
自由现金流率AMTXASTS
| Q4 25 | -24.9% | -609.0% | ||
| Q3 25 | -1.7% | -2055.0% | ||
| Q2 25 | -17.7% | — | ||
| Q1 25 | -3.9% | — | ||
| Q4 24 | -41.2% | — | ||
| Q3 24 | -11.6% | — | ||
| Q2 24 | -15.8% | — | ||
| Q1 24 | -19.1% | — |
资本支出强度AMTXASTS
| Q4 25 | 38.2% | 728.7% | ||
| Q3 25 | 6.9% | 1617.6% | ||
| Q2 25 | 6.7% | — | ||
| Q1 25 | 4.3% | — | ||
| Q4 24 | 14.4% | — | ||
| Q3 24 | 5.5% | — | ||
| Q2 24 | 8.1% | — | ||
| Q1 24 | 4.9% | — |
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
AMTX
| Ethanol Sales | $28.8M | 66% |
| Wet Distillers Grains | $6.8M | 16% |
| California Dairy Renewable Natural Gas | $5.2M | 12% |
| Other | $1.8M | 4% |
ASTS
| Products | $44.4M | 82% |
| Other | $7.8M | 14% |
| Sat Co | $2.1M | 4% |
