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ALTISOURCE PORTFOLIO SOLUTIONS S.A.（ASPS）与RE/MAX Holdings, Inc.（RMAX）财务数据对比。点击上方公司名可切换其他公司
RE/MAX Holdings, Inc.的季度营收约是ALTISOURCE PORTFOLIO SOLUTIONS S.A.的1.7倍（$71.1M vs $42.3M），RE/MAX Holdings, Inc.净利率更高（2.0% vs -16.8%，领先18.9%），ALTISOURCE PORTFOLIO SOLUTIONS S.A.同比增速更快（3.2% vs -1.8%），RE/MAX Holdings, Inc.自由现金流更多（$33.5M vs $-525.0K），过去两年ALTISOURCE PORTFOLIO SOLUTIONS S.A.的营收复合增速更高（3.6% vs -4.7%）
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。
RE/MAX是全球知名的房地产特许经营机构，业务遍布全球一百多个国家和地区，旗下拥有数千家门店，总计超过十万名房产经纪人，在国际房产中介领域拥有极高的品牌知名度与市场影响力。
ASPS vs RMAX — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $42.3M | $71.1M |
| 净利润 | $-7.1M | $1.4M |
| 毛利率 | 26.5% | — |
| 营业利润率 | -15.5% | 13.1% |
| 净利率 | -16.8% | 2.0% |
| 营收同比 | 3.2% | -1.8% |
| 净利润同比 | 18.2% | -75.2% |
| 每股收益（稀释后） | $-1.02 | — |
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
| Q4 25 | $42.3M | $71.1M | ||
| Q3 25 | $41.9M | $73.2M | ||
| Q2 25 | $43.3M | $72.8M | ||
| Q1 25 | $43.4M | $74.5M | ||
| Q4 24 | $41.0M | $72.5M | ||
| Q3 24 | $40.5M | $78.5M | ||
| Q2 24 | $39.1M | $78.5M | ||
| Q1 24 | $39.5M | $78.3M |
| Q4 25 | $-7.1M | $1.4M | ||
| Q3 25 | $-2.3M | $4.0M | ||
| Q2 25 | $16.7M | $4.7M | ||
| Q1 25 | $-5.3M | $-2.0M | ||
| Q4 24 | $-8.7M | $5.8M | ||
| Q3 24 | $-9.3M | $966.0K | ||
| Q2 24 | $-8.3M | $3.7M | ||
| Q1 24 | $-9.2M | $-3.4M |
| 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% | — | ||
| Q1 24 | 31.2% | — |
| Q4 25 | -15.5% | 13.1% | ||
| Q3 25 | 1.2% | 25.0% | ||
| Q2 25 | 7.5% | 19.3% | ||
| Q1 25 | 7.5% | 7.2% | ||
| Q4 24 | 1.4% | 5.9% | ||
| Q3 24 | 2.7% | 19.4% | ||
| Q2 24 | 5.3% | 20.6% | ||
| Q1 24 | -1.4% | 5.8% |
| Q4 25 | -16.8% | 2.0% | ||
| Q3 25 | -5.5% | 5.4% | ||
| Q2 25 | 38.5% | 6.4% | ||
| Q1 25 | -12.1% | -2.6% | ||
| Q4 24 | -21.3% | 8.0% | ||
| Q3 24 | -23.0% | 1.2% | ||
| Q2 24 | -21.1% | 4.7% | ||
| Q1 24 | -23.2% | -4.3% |
| Q4 25 | $-1.02 | — | ||
| Q3 25 | $-0.22 | — | ||
| Q2 25 | $1.48 | — | ||
| Q1 25 | $-0.09 | — | ||
| Q4 24 | $-4.72 | — | ||
| Q3 24 | $-2.61 | — | ||
| Q2 24 | $-2.33 | — | ||
| Q1 24 | $-0.33 | — |
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 | $118.7M |
| 总债务越低越好 | $191.1M | $432.2M |
| 股东权益账面价值 | $-110.2M | $452.4M |
| 总资产 | $139.8M | $582.5M |
| 负债/权益比越低杠杆越低 | — | 0.96× |
8季度趋势，按日历期对齐
| Q4 25 | $26.6M | $118.7M | ||
| Q3 25 | $28.6M | $107.5M | ||
| Q2 25 | $30.0M | $94.3M | ||
| Q1 25 | $30.8M | $89.1M | ||
| Q4 24 | $29.8M | $96.6M | ||
| Q3 24 | $28.3M | $83.8M | ||
| Q2 24 | $29.7M | $66.1M | ||
| Q1 24 | $29.6M | $82.1M |
| Q4 25 | $191.1M | $432.2M | ||
| Q3 25 | $192.5M | $433.3M | ||
| Q2 25 | $193.9M | $434.4M | ||
| Q1 25 | $195.0M | $435.3M | ||
| Q4 24 | $230.5M | $436.2M | ||
| Q3 24 | — | $437.2M | ||
| Q2 24 | — | $438.1M | ||
| Q1 24 | — | $439.0M |
| Q4 25 | $-110.2M | $452.4M | ||
| Q3 25 | $-104.2M | $448.1M | ||
| Q2 25 | $-102.7M | $442.4M | ||
| Q1 25 | $-119.8M | $433.5M | ||
| Q4 24 | $-157.4M | $429.5M | ||
| Q3 24 | $-149.4M | $423.1M | ||
| Q2 24 | $-140.8M | $418.4M | ||
| Q1 24 | $-133.3M | $412.0M |
| Q4 25 | $139.8M | $582.5M | ||
| Q3 25 | $139.9M | $582.2M | ||
| Q2 25 | $142.9M | $574.8M | ||
| Q1 25 | $145.7M | $571.4M | ||
| Q4 24 | $143.6M | $581.6M | ||
| Q3 24 | $144.5M | $578.6M | ||
| Q2 24 | $146.6M | $571.4M | ||
| Q1 24 | $148.9M | $566.7M |
| Q4 25 | — | 0.96× | ||
| Q3 25 | — | 0.97× | ||
| Q2 25 | — | 0.98× | ||
| Q1 25 | — | 1.00× | ||
| Q4 24 | — | 1.02× | ||
| Q3 24 | — | 1.03× | ||
| Q2 24 | — | 1.05× | ||
| Q1 24 | — | 1.07× |
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 | $40.9M |
| 自由现金流经营现金流 - 资本支出 | $-525.0K | $33.5M |
| 自由现金流率自由现金流/营收 | -1.2% | 47.1% |
| 资本支出强度资本支出/营收 | 0.0% | 10.4% |
| 现金转化率经营现金流/净利润 | — | 28.39× |
| 过去12个月自由现金流最近4个季度 | $-5.1M | $56.8M |
8季度趋势，按日历期对齐
| Q4 25 | $-505.0K | $40.9M | ||
| Q3 25 | $718.0K | $17.7M | ||
| Q2 25 | $-306.0K | $4.6M | ||
| Q1 25 | $-5.0M | $5.7M | ||
| Q4 24 | $-1.4M | $59.7M | ||
| Q3 24 | $-1.6M | $17.6M | ||
| Q2 24 | $180.0K | $15.9M | ||
| Q1 24 | $-2.2M | $9.4M |
| Q4 25 | $-525.0K | $33.5M | ||
| Q3 25 | $697.0K | $16.4M | ||
| Q2 25 | $-309.0K | $2.9M | ||
| Q1 25 | $-5.0M | $4.0M | ||
| Q4 24 | $-1.4M | $53.0M | ||
| Q3 24 | — | $16.3M | ||
| Q2 24 | — | $14.0M | ||
| Q1 24 | — | $6.8M |
| Q4 25 | -1.2% | 47.1% | ||
| Q3 25 | 1.7% | 22.4% | ||
| Q2 25 | -0.7% | 4.0% | ||
| Q1 25 | -11.5% | 5.3% | ||
| Q4 24 | -3.4% | 73.2% | ||
| Q3 24 | — | 20.8% | ||
| Q2 24 | — | 17.8% | ||
| Q1 24 | — | 8.6% |
| Q4 25 | 0.0% | 10.4% | ||
| Q3 25 | 0.1% | 1.8% | ||
| Q2 25 | 0.0% | 2.2% | ||
| Q1 25 | 0.1% | 2.3% | ||
| Q4 24 | 0.0% | 9.1% | ||
| Q3 24 | 0.0% | 1.7% | ||
| Q2 24 | 0.0% | 2.4% | ||
| Q1 24 | 0.0% | 3.3% |
| Q4 25 | — | 28.39× | ||
| Q3 25 | — | 4.45× | ||
| Q2 25 | -0.02× | 0.97× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 10.28× | ||
| Q3 24 | — | 18.22× | ||
| Q2 24 | — | 4.29× | ||
| 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% |
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
