vs
ALTISOURCE PORTFOLIO SOLUTIONS S.A.（ASPS）与ASURE SOFTWARE INC（ASUR）财务数据对比。点击上方公司名可切换其他公司
ALTISOURCE PORTFOLIO SOLUTIONS S.A.的季度营收约是ASURE SOFTWARE INC的1.2倍（$42.3M vs $36.3M），ASURE SOFTWARE INC净利率更高（-14.8% vs -16.8%，领先2.1%），ASURE SOFTWARE INC同比增速更快（23.7% vs 3.2%），ASURE SOFTWARE INC自由现金流更多（$5.7M vs $-525.0K），过去两年ASURE SOFTWARE INC的营收复合增速更高（11.2% vs 3.6%）
Altisource Portfolio Solutions S.A.是面向抵押贷款、房地产及消费金融领域的全球服务商，为贷款机构、服务商、投资者等市场参与者提供技术、数据与运营解决方案，优化资产管理、房产交易等业务流程，提升客户运营效率。
Asure Software是一家软件企业，其前身为Forgent Networks，2007年9月完成品牌更名后，业务逐渐拓展至人力资本管理领域，为客户提供薪资发放、考勤管理、人才管理、人力资源管理、福利管理以及保险相关服务等解决方案。
ASPS vs ASUR — 直观对比
营收规模更大
ASPS
是对方的1.2倍
$36.3M
营收增速更快
ASUR
高出20.5%
3.2%
净利率更高
ASUR
高出2.1%
-16.8%
自由现金流更多
ASUR
多$6.2M
$-525.0K
两年增速更快
ASUR
近两年复合增速
3.6%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $42.3M | $36.3M |
| 净利润 | $-7.1M | $-5.4M |
| 毛利率 | 26.5% | 63.8% |
| 营业利润率 | -15.5% | -9.7% |
| 净利率 | -16.8% | -14.8% |
| 营收同比 | 3.2% | 23.7% |
| 净利润同比 | 18.2% | -37.5% |
| 每股收益（稀释后） | $-1.02 | $-0.19 |
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ASPSASUR
| Q4 25 | $42.3M | — | ||
| Q3 25 | $41.9M | $36.3M | ||
| Q2 25 | $43.3M | $30.1M | ||
| Q1 25 | $43.4M | $34.9M | ||
| Q4 24 | $41.0M | — | ||
| Q3 24 | $40.5M | $29.3M | ||
| Q2 24 | $39.1M | $28.0M | ||
| Q1 24 | $39.5M | $31.7M |
净利润ASPSASUR
| Q4 25 | $-7.1M | — | ||
| Q3 25 | $-2.3M | $-5.4M | ||
| Q2 25 | $16.7M | $-6.1M | ||
| Q1 25 | $-5.3M | $-2.4M | ||
| Q4 24 | $-8.7M | — | ||
| Q3 24 | $-9.3M | $-3.9M | ||
| Q2 24 | $-8.3M | $-4.4M | ||
| Q1 24 | $-9.2M | $-308.0K |
毛利率ASPSASUR
| Q4 25 | 26.5% | — | ||
| Q3 25 | 27.1% | 63.8% | ||
| Q2 25 | 30.1% | 66.1% | ||
| Q1 25 | 30.7% | 70.6% | ||
| Q4 24 | 30.3% | — | ||
| Q3 24 | 29.8% | 67.2% | ||
| Q2 24 | 32.5% | 67.3% | ||
| Q1 24 | 31.2% | 71.4% |
营业利润率ASPSASUR
| Q4 25 | -15.5% | — | ||
| Q3 25 | 1.2% | -9.7% | ||
| Q2 25 | 7.5% | -15.4% | ||
| Q1 25 | 7.5% | -5.8% | ||
| Q4 24 | 1.4% | — | ||
| Q3 24 | 2.7% | -12.4% | ||
| Q2 24 | 5.3% | -14.9% | ||
| Q1 24 | -1.4% | -1.4% |
净利率ASPSASUR
| Q4 25 | -16.8% | — | ||
| Q3 25 | -5.5% | -14.8% | ||
| Q2 25 | 38.5% | -20.3% | ||
| Q1 25 | -12.1% | -6.9% | ||
| Q4 24 | -21.3% | — | ||
| Q3 24 | -23.0% | -13.3% | ||
| Q2 24 | -21.1% | -15.5% | ||
| Q1 24 | -23.2% | -1.0% |
每股收益（稀释后）ASPSASUR
| Q4 25 | $-1.02 | — | ||
| Q3 25 | $-0.22 | $-0.19 | ||
| Q2 25 | $1.48 | $-0.22 | ||
| Q1 25 | $-0.09 | $-0.09 | ||
| Q4 24 | $-4.72 | — | ||
| Q3 24 | $-2.61 | $-0.15 | ||
| Q2 24 | $-2.33 | $-0.17 | ||
| Q1 24 | $-0.33 | $-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 | $26.6M | $21.5M |
| 总债务越低越好 | $191.1M | $70.4M |
| 股东权益账面价值 | $-110.2M | $193.1M |
| 总资产 | $139.8M | $447.1M |
| 负债/权益比越低杠杆越低 | — | 0.36× |
8季度趋势，按日历期对齐
现金及短期投资ASPSASUR
| Q4 25 | $26.6M | — | ||
| Q3 25 | $28.6M | $21.5M | ||
| Q2 25 | $30.0M | $66.0M | ||
| Q1 25 | $30.8M | $14.1M | ||
| Q4 24 | $29.8M | — | ||
| Q3 24 | $28.3M | $11.2M | ||
| Q2 24 | $29.7M | $20.7M | ||
| Q1 24 | $29.6M | $23.2M |
总债务ASPSASUR
| Q4 25 | $191.1M | — | ||
| Q3 25 | $192.5M | $70.4M | ||
| Q2 25 | $193.9M | $67.4M | ||
| Q1 25 | $195.0M | $14.1M | ||
| Q4 24 | $230.5M | — | ||
| Q3 24 | — | $7.5M | ||
| Q2 24 | — | $6.0M | ||
| Q1 24 | — | $5.3M |
股东权益ASPSASUR
| Q4 25 | $-110.2M | — | ||
| Q3 25 | $-104.2M | $193.1M | ||
| Q2 25 | $-102.7M | $194.3M | ||
| Q1 25 | $-119.8M | $197.7M | ||
| Q4 24 | $-157.4M | — | ||
| Q3 24 | $-149.4M | $199.2M | ||
| Q2 24 | $-140.8M | $195.5M | ||
| Q1 24 | $-133.3M | $197.7M |
总资产ASPSASUR
| Q4 25 | $139.8M | — | ||
| Q3 25 | $139.9M | $447.1M | ||
| Q2 25 | $142.9M | $505.6M | ||
| Q1 25 | $145.7M | $498.9M | ||
| Q4 24 | $143.6M | — | ||
| Q3 24 | $144.5M | $428.1M | ||
| Q2 24 | $146.6M | $420.1M | ||
| Q1 24 | $148.9M | $469.3M |
负债/权益比ASPSASUR
| Q4 25 | — | — | ||
| Q3 25 | — | 0.36× | ||
| Q2 25 | — | 0.35× | ||
| Q1 25 | — | 0.07× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.04× | ||
| Q2 24 | — | 0.03× | ||
| Q1 24 | — | 0.03× |
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 | $-505.0K | $5.8M |
| 自由现金流经营现金流 - 资本支出 | $-525.0K | $5.7M |
| 自由现金流率自由现金流/营收 | -1.2% | 15.6% |
| 资本支出强度资本支出/营收 | 0.0% | 0.3% |
| 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 | $-5.1M | $11.6M |
8季度趋势，按日历期对齐
经营现金流ASPSASUR
| Q4 25 | $-505.0K | — | ||
| Q3 25 | $718.0K | $5.8M | ||
| Q2 25 | $-306.0K | $3.2M | ||
| Q1 25 | $-5.0M | $2.0M | ||
| Q4 24 | $-1.4M | — | ||
| Q3 24 | $-1.6M | $1.3M | ||
| Q2 24 | $180.0K | $2.2M | ||
| Q1 24 | $-2.2M | $-3.9M |
自由现金流ASPSASUR
| Q4 25 | $-525.0K | — | ||
| Q3 25 | $697.0K | $5.7M | ||
| Q2 25 | $-309.0K | $3.0M | ||
| Q1 25 | $-5.0M | $1.8M | ||
| Q4 24 | $-1.4M | — | ||
| Q3 24 | — | $1.2M | ||
| Q2 24 | — | $2.1M | ||
| Q1 24 | — | $-4.2M |
自由现金流率ASPSASUR
| Q4 25 | -1.2% | — | ||
| Q3 25 | 1.7% | 15.6% | ||
| Q2 25 | -0.7% | 9.8% | ||
| Q1 25 | -11.5% | 5.2% | ||
| Q4 24 | -3.4% | — | ||
| Q3 24 | — | 3.9% | ||
| Q2 24 | — | 7.5% | ||
| Q1 24 | — | -13.2% |
资本支出强度ASPSASUR
| Q4 25 | 0.0% | — | ||
| Q3 25 | 0.1% | 0.3% | ||
| Q2 25 | 0.0% | 0.7% | ||
| Q1 25 | 0.1% | 0.6% | ||
| Q4 24 | 0.0% | — | ||
| Q3 24 | 0.0% | 0.6% | ||
| Q2 24 | 0.0% | 0.5% | ||
| Q1 24 | 0.0% | 0.8% |
现金转化率ASPSASUR
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -0.02× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| 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
ASPS
| Services | $39.9M | 94% |
| Revenue Relatedto Technology Platformsand Professional Services | $2.4M | 6% |
ASUR
| Recurring | $31.8M | 88% |
| Lathem Time | $4.6M | 13% |
