vs
ALTISOURCE PORTFOLIO SOLUTIONS S.A.（ASPS）与MERCANTILE BANK CORP（MBWM）财务数据对比。点击上方公司名可切换其他公司
MERCANTILE BANK CORP的季度营收约是ALTISOURCE PORTFOLIO SOLUTIONS S.A.的1.6倍（$67.6M vs $42.3M），MERCANTILE BANK CORP净利率更高（33.6% vs -16.8%，领先50.4%），过去两年MERCANTILE BANK CORP的营收复合增速更高（9.1% 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。
泰米尔纳德商业银行（TMB）是一家印度银行，总部位于泰米尔纳德邦杜蒂戈林。该行始建于1921年，最初名为纳达尔银行，1962年11月更名为泰米尔纳德商业银行，以拓展纳达尔社群以外的业务。目前该银行在印度全境拥有600家全功能网点、12个区域办事处及各类配套服务中心与自助设施。
ASPS vs MBWM — 直观对比
营收规模更大
MBWM
是对方的1.6倍
$42.3M
净利率更高
MBWM
高出50.4%
-16.8%
两年增速更快
MBWM
近两年复合增速
3.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $42.3M | $67.6M |
| 净利润 | $-7.1M | $22.7M |
| 毛利率 | 26.5% | — |
| 营业利润率 | -15.5% | — |
| 净利率 | -16.8% | 33.6% |
| 营收同比 | 3.2% | — |
| 净利润同比 | 18.2% | 16.1% |
| 每股收益（稀释后） | $-1.02 | $1.32 |
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ASPSMBWM
| Q1 26 | — | $67.6M | ||
| Q4 25 | $42.3M | $62.1M | ||
| Q3 25 | $41.9M | $62.4M | ||
| Q2 25 | $43.3M | $60.9M | ||
| Q1 25 | $43.4M | $57.3M | ||
| Q4 24 | $41.0M | $58.5M | ||
| Q3 24 | $40.5M | $58.0M | ||
| Q2 24 | $39.1M | $56.8M |
净利润ASPSMBWM
| Q1 26 | — | $22.7M | ||
| Q4 25 | $-7.1M | $22.8M | ||
| Q3 25 | $-2.3M | $23.8M | ||
| Q2 25 | $16.7M | $22.6M | ||
| Q1 25 | $-5.3M | $19.5M | ||
| Q4 24 | $-8.7M | $19.6M | ||
| Q3 24 | $-9.3M | $19.6M | ||
| Q2 24 | $-8.3M | $18.8M |
毛利率ASPSMBWM
| Q1 26 | — | — | ||
| Q4 25 | 26.5% | — | ||
| Q3 25 | 27.1% | — | ||
| Q2 25 | 30.1% | — | ||
| Q1 25 | 30.7% | — | ||
| Q4 24 | 30.3% | — | ||
| Q3 24 | 29.8% | — | ||
| Q2 24 | 32.5% | — |
营业利润率ASPSMBWM
| Q1 26 | — | — | ||
| Q4 25 | -15.5% | 42.0% | ||
| Q3 25 | 1.2% | 44.0% | ||
| Q2 25 | 7.5% | 42.6% | ||
| Q1 25 | 7.5% | 42.0% | ||
| Q4 24 | 1.4% | 39.7% | ||
| Q3 24 | 2.7% | 42.4% | ||
| Q2 24 | 5.3% | 41.4% |
净利率ASPSMBWM
| Q1 26 | — | 33.6% | ||
| Q4 25 | -16.8% | 36.8% | ||
| Q3 25 | -5.5% | 38.1% | ||
| Q2 25 | 38.5% | 37.1% | ||
| Q1 25 | -12.1% | 34.1% | ||
| Q4 24 | -21.3% | 33.5% | ||
| Q3 24 | -23.0% | 33.8% | ||
| Q2 24 | -21.1% | 33.1% |
每股收益（稀释后）ASPSMBWM
| Q1 26 | — | $1.32 | ||
| Q4 25 | $-1.02 | $1.41 | ||
| Q3 25 | $-0.22 | $1.46 | ||
| Q2 25 | $1.48 | $1.39 | ||
| Q1 25 | $-0.09 | $1.21 | ||
| Q4 24 | $-4.72 | $1.20 | ||
| Q3 24 | $-2.61 | $1.22 | ||
| Q2 24 | $-2.33 | $1.17 |
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 | — |
| 总债务越低越好 | $191.1M | $1.5M |
| 股东权益账面价值 | $-110.2M | $736.9M |
| 总资产 | $139.8M | $6.9B |
| 负债/权益比越低杠杆越低 | — | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资ASPSMBWM
| Q1 26 | — | — | ||
| Q4 25 | $26.6M | — | ||
| Q3 25 | $28.6M | — | ||
| Q2 25 | $30.0M | — | ||
| Q1 25 | $30.8M | — | ||
| Q4 24 | $29.8M | — | ||
| Q3 24 | $28.3M | — | ||
| Q2 24 | $29.7M | — |
总债务ASPSMBWM
| Q1 26 | — | $1.5M | ||
| Q4 25 | $191.1M | — | ||
| Q3 25 | $192.5M | — | ||
| Q2 25 | $193.9M | — | ||
| Q1 25 | $195.0M | — | ||
| Q4 24 | $230.5M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益ASPSMBWM
| Q1 26 | — | $736.9M | ||
| Q4 25 | $-110.2M | $724.9M | ||
| Q3 25 | $-104.2M | $657.6M | ||
| Q2 25 | $-102.7M | $631.5M | ||
| Q1 25 | $-119.8M | $608.3M | ||
| Q4 24 | $-157.4M | $584.5M | ||
| Q3 24 | $-149.4M | $583.3M | ||
| Q2 24 | $-140.8M | $551.2M |
总资产ASPSMBWM
| Q1 26 | — | $6.9B | ||
| Q4 25 | $139.8M | $6.8B | ||
| Q3 25 | $139.9M | $6.3B | ||
| Q2 25 | $142.9M | $6.2B | ||
| Q1 25 | $145.7M | $6.1B | ||
| Q4 24 | $143.6M | $6.1B | ||
| Q3 24 | $144.5M | $5.9B | ||
| Q2 24 | $146.6M | $5.6B |
负债/权益比ASPSMBWM
| Q1 26 | — | 0.00× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $-525.0K | — |
| 自由现金流率自由现金流/营收 | -1.2% | — |
| 资本支出强度资本支出/营收 | 0.0% | — |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流ASPSMBWM
| Q1 26 | — | — | ||
| Q4 25 | $-505.0K | $18.0M | ||
| Q3 25 | $718.0K | $23.1M | ||
| Q2 25 | $-306.0K | $-7.8M | ||
| Q1 25 | $-5.0M | $-3.0M | ||
| Q4 24 | $-1.4M | $101.1M | ||
| Q3 24 | $-1.6M | $-8.1M | ||
| Q2 24 | $180.0K | $9.1M |
自由现金流ASPSMBWM
| Q1 26 | — | — | ||
| Q4 25 | $-525.0K | — | ||
| Q3 25 | $697.0K | — | ||
| Q2 25 | $-309.0K | — | ||
| Q1 25 | $-5.0M | — | ||
| Q4 24 | $-1.4M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
自由现金流率ASPSMBWM
| Q1 26 | — | — | ||
| Q4 25 | -1.2% | — | ||
| Q3 25 | 1.7% | — | ||
| Q2 25 | -0.7% | — | ||
| Q1 25 | -11.5% | — | ||
| Q4 24 | -3.4% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
资本支出强度ASPSMBWM
| Q1 26 | — | — | ||
| Q4 25 | 0.0% | — | ||
| Q3 25 | 0.1% | — | ||
| Q2 25 | 0.0% | — | ||
| Q1 25 | 0.1% | — | ||
| Q4 24 | 0.0% | — | ||
| Q3 24 | 0.0% | — | ||
| Q2 24 | 0.0% | — |
现金转化率ASPSMBWM
| Q1 26 | — | — | ||
| Q4 25 | — | 0.79× | ||
| Q3 25 | — | 0.97× | ||
| Q2 25 | -0.02× | -0.35× | ||
| Q1 25 | — | -0.15× | ||
| Q4 24 | — | 5.15× | ||
| Q3 24 | — | -0.41× | ||
| Q2 24 | — | 0.49× |
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% |
MBWM
| Net Interest Income | $55.9M | 83% |
| Noninterest Income | $11.7M | 17% |
