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ALTISOURCE PORTFOLIO SOLUTIONS S.A.（ASPS）与花花公子（PLBY）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.的季度营收约是花花公子的1.2倍（$42.3M vs $34.9M），花花公子净利率更高（10.3% vs -16.8%，领先27.1%），花花公子同比增速更快（4.2% vs 3.2%），花花公子自由现金流更多（$1.1M vs $-525.0K），过去两年花花公子的营收复合增速更高（11.0% 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。
花花公子集团（Playboy, Inc.）起源于1953年由休·海夫纳联合合伙人在美国芝加哥创立，初始部分资金来自海夫纳母亲提供的1000美元贷款，是美国知名生活方式与娱乐内容品牌，旗下核心《花花公子》杂志同时发行电子版与纸质版。
ASPS vs PLBY — 直观对比
营收规模更大
ASPS
是对方的1.2倍
$34.9M
营收增速更快
PLBY
高出1.0%
3.2%
净利率更高
PLBY
高出27.1%
-16.8%
自由现金流更多
PLBY
多$1.6M
$-525.0K
两年增速更快
PLBY
近两年复合增速
3.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $42.3M | $34.9M |
| 净利润 | $-7.1M | $3.6M |
| 毛利率 | 26.5% | 73.3% |
| 营业利润率 | -15.5% | 7.9% |
| 净利率 | -16.8% | 10.3% |
| 营收同比 | 3.2% | 4.2% |
| 净利润同比 | 18.2% | 128.6% |
| 每股收益（稀释后） | $-1.02 | $0.05 |
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ASPSPLBY
| Q4 25 | $42.3M | $34.9M | ||
| Q3 25 | $41.9M | $29.0M | ||
| Q2 25 | $43.3M | $28.1M | ||
| Q1 25 | $43.4M | $28.9M | ||
| Q4 24 | $41.0M | $33.5M | ||
| Q3 24 | $40.5M | $29.4M | ||
| Q2 24 | $39.1M | $24.9M | ||
| Q1 24 | $39.5M | $28.3M |
净利润ASPSPLBY
| Q4 25 | $-7.1M | $3.6M | ||
| Q3 25 | $-2.3M | $460.0K | ||
| Q2 25 | $16.7M | $-7.7M | ||
| Q1 25 | $-5.3M | $-9.0M | ||
| Q4 24 | $-8.7M | $-12.5M | ||
| Q3 24 | $-9.3M | $-33.8M | ||
| Q2 24 | $-8.3M | $-16.7M | ||
| Q1 24 | $-9.2M | $-16.4M |
毛利率ASPSPLBY
| Q4 25 | 26.5% | 73.3% | ||
| Q3 25 | 27.1% | 76.0% | ||
| Q2 25 | 30.1% | 65.4% | ||
| Q1 25 | 30.7% | 68.6% | ||
| Q4 24 | 30.3% | 70.8% | ||
| Q3 24 | 29.8% | 61.0% | ||
| Q2 24 | 32.5% | 67.8% | ||
| Q1 24 | 31.2% | 55.8% |
营业利润率ASPSPLBY
| Q4 25 | -15.5% | 7.9% | ||
| Q3 25 | 1.2% | 4.7% | ||
| Q2 25 | 7.5% | -20.9% | ||
| Q1 25 | 7.5% | -21.7% | ||
| Q4 24 | 1.4% | -13.3% | ||
| Q3 24 | 2.7% | -96.0% | ||
| Q2 24 | 5.3% | -37.0% | ||
| Q1 24 | -1.4% | -31.5% |
净利率ASPSPLBY
| Q4 25 | -16.8% | 10.3% | ||
| Q3 25 | -5.5% | 1.6% | ||
| Q2 25 | 38.5% | -27.3% | ||
| Q1 25 | -12.1% | -31.3% | ||
| Q4 24 | -21.3% | -37.4% | ||
| Q3 24 | -23.0% | -114.7% | ||
| Q2 24 | -21.1% | -66.9% | ||
| Q1 24 | -23.2% | -58.1% |
每股收益（稀释后）ASPSPLBY
| Q4 25 | $-1.02 | $0.05 | ||
| Q3 25 | $-0.22 | $0.00 | ||
| Q2 25 | $1.48 | $-0.08 | ||
| Q1 25 | $-0.09 | $-0.10 | ||
| Q4 24 | $-4.72 | $-0.13 | ||
| Q3 24 | $-2.61 | $-0.45 | ||
| Q2 24 | $-2.33 | $-0.23 | ||
| Q1 24 | $-0.33 | $-0.23 |
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 | $37.8M |
| 总债务越低越好 | $191.1M | $174.2M |
| 股东权益账面价值 | $-110.2M | $18.4M |
| 总资产 | $139.8M | $292.4M |
| 负债/权益比越低杠杆越低 | — | 9.48× |
8季度趋势，按日历期对齐
现金及短期投资ASPSPLBY
| Q4 25 | $26.6M | $37.8M | ||
| Q3 25 | $28.6M | $27.5M | ||
| Q2 25 | $30.0M | $19.6M | ||
| Q1 25 | $30.8M | $23.7M | ||
| Q4 24 | $29.8M | $30.9M | ||
| Q3 24 | $28.3M | $9.5M | ||
| Q2 24 | $29.7M | $16.9M | ||
| Q1 24 | $29.6M | $19.0M |
总债务ASPSPLBY
| Q4 25 | $191.1M | $174.2M | ||
| Q3 25 | $192.5M | $176.8M | ||
| Q2 25 | $193.9M | $177.5M | ||
| Q1 25 | $195.0M | $176.3M | ||
| Q4 24 | $230.5M | $176.6M | ||
| Q3 24 | — | $200.0M | ||
| Q2 24 | — | $196.3M | ||
| Q1 24 | — | $193.4M |
股东权益ASPSPLBY
| Q4 25 | $-110.2M | $18.4M | ||
| Q3 25 | $-104.2M | $3.8M | ||
| Q2 25 | $-102.7M | $-17.5M | ||
| Q1 25 | $-119.8M | $-11.4M | ||
| Q4 24 | $-157.4M | $-7.7M | ||
| Q3 24 | $-149.4M | $-15.7M | ||
| Q2 24 | $-140.8M | $15.7M | ||
| Q1 24 | $-133.3M | $29.5M |
总资产ASPSPLBY
| Q4 25 | $139.8M | $292.4M | ||
| Q3 25 | $139.9M | $278.3M | ||
| Q2 25 | $142.9M | $264.1M | ||
| Q1 25 | $145.7M | $270.6M | ||
| Q4 24 | $143.6M | $284.7M | ||
| Q3 24 | $144.5M | $271.5M | ||
| Q2 24 | $146.6M | $301.8M | ||
| Q1 24 | $148.9M | $309.1M |
负债/权益比ASPSPLBY
| Q4 25 | — | 9.48× | ||
| Q3 25 | — | 46.86× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 12.51× | ||
| Q1 24 | — | 6.54× |
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 | $1.4M |
| 自由现金流经营现金流 - 资本支出 | $-525.0K | $1.1M |
| 自由现金流率自由现金流/营收 | -1.2% | 3.2% |
| 资本支出强度资本支出/营收 | 0.0% | 0.8% |
| 现金转化率经营现金流/净利润 | — | 0.39× |
| 过去12个月自由现金流最近4个季度 | $-5.1M | $-1.0M |
8季度趋势，按日历期对齐
经营现金流ASPSPLBY
| Q4 25 | $-505.0K | $1.4M | ||
| Q3 25 | $718.0K | $10.1M | ||
| Q2 25 | $-306.0K | $-3.9M | ||
| Q1 25 | $-5.0M | $-7.6M | ||
| Q4 24 | $-1.4M | $161.0K | ||
| Q3 24 | $-1.6M | $-6.5M | ||
| Q2 24 | $180.0K | $-3.0M | ||
| Q1 24 | $-2.2M | $-9.8M |
自由现金流ASPSPLBY
| Q4 25 | $-525.0K | $1.1M | ||
| Q3 25 | $697.0K | $9.8M | ||
| Q2 25 | $-309.0K | $-4.3M | ||
| Q1 25 | $-5.0M | $-7.7M | ||
| Q4 24 | $-1.4M | $-401.0K | ||
| Q3 24 | — | $-7.0M | ||
| Q2 24 | — | $-3.7M | ||
| Q1 24 | — | $-10.3M |
自由现金流率ASPSPLBY
| Q4 25 | -1.2% | 3.2% | ||
| Q3 25 | 1.7% | 33.8% | ||
| Q2 25 | -0.7% | -15.2% | ||
| Q1 25 | -11.5% | -26.5% | ||
| Q4 24 | -3.4% | -1.2% | ||
| Q3 24 | — | -23.7% | ||
| Q2 24 | — | -14.8% | ||
| Q1 24 | — | -36.5% |
资本支出强度ASPSPLBY
| Q4 25 | 0.0% | 0.8% | ||
| Q3 25 | 0.1% | 1.1% | ||
| Q2 25 | 0.0% | 1.4% | ||
| Q1 25 | 0.1% | 0.1% | ||
| Q4 24 | 0.0% | 1.7% | ||
| Q3 24 | 0.0% | 1.5% | ||
| Q2 24 | 0.0% | 2.6% | ||
| Q1 24 | 0.0% | 2.1% |
现金转化率ASPSPLBY
| Q4 25 | — | 0.39× | ||
| Q3 25 | — | 22.02× | ||
| 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% |
PLBY
| Transferred At Point In Time | $22.2M | 64% |
| Trademark Licensing | $6.5M | 19% |
| Related Party | $5.0M | 14% |
| Other | $1.1M | 3% |
