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ALTISOURCE PORTFOLIO SOLUTIONS S.A.（ASPS）与TELOS CORP（TLS）财务数据对比。点击上方公司名可切换其他公司
TELOS CORP的季度营收约是ALTISOURCE PORTFOLIO SOLUTIONS S.A.的1.1倍（$46.8M vs $42.3M），ALTISOURCE PORTFOLIO SOLUTIONS S.A.净利率更高（-16.8% vs -34.9%，领先18.0%），TELOS CORP同比增速更快（77.4% vs 3.2%），TELOS CORP自由现金流更多（$8.0M vs $-525.0K），过去两年TELOS CORP的营收复合增速更高（25.7% 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。
泰洛斯公司（Telos Corporation）是一家信息技术与网络安全企业，总部位于美国弗吉尼亚州阿什本。公司主要服务对象为政府与企业客户，业务合同大部分来自美国国防部，核心客户涵盖美国军方、情报机构、民政部门以及北约盟友机构。
ASPS vs TLS — 直观对比
营收规模更大
TLS
是对方的1.1倍
$42.3M
营收增速更快
TLS
高出74.1%
3.2%
净利率更高
ASPS
高出18.0%
-34.9%
自由现金流更多
TLS
多$8.5M
$-525.0K
两年增速更快
TLS
近两年复合增速
3.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $42.3M | $46.8M |
| 净利润 | $-7.1M | $-16.3M |
| 毛利率 | 26.5% | 35.0% |
| 营业利润率 | -15.5% | -39.6% |
| 净利率 | -16.8% | -34.9% |
| 营收同比 | 3.2% | 77.4% |
| 净利润同比 | 18.2% | -74.8% |
| 每股收益（稀释后） | $-1.02 | $-0.22 |
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ASPSTLS
| Q4 25 | $42.3M | $46.8M | ||
| Q3 25 | $41.9M | $51.4M | ||
| Q2 25 | $43.3M | $36.0M | ||
| Q1 25 | $43.4M | $30.6M | ||
| Q4 24 | $41.0M | $26.4M | ||
| Q3 24 | $40.5M | $23.8M | ||
| Q2 24 | $39.1M | $28.5M | ||
| Q1 24 | $39.5M | $29.6M |
净利润ASPSTLS
| Q4 25 | $-7.1M | $-16.3M | ||
| Q3 25 | $-2.3M | $-2.1M | ||
| Q2 25 | $16.7M | $-9.5M | ||
| Q1 25 | $-5.3M | $-8.6M | ||
| Q4 24 | $-8.7M | $-9.3M | ||
| Q3 24 | $-9.3M | $-28.1M | ||
| Q2 24 | $-8.3M | $-7.8M | ||
| Q1 24 | $-9.2M | $-7.4M |
毛利率ASPSTLS
| Q4 25 | 26.5% | 35.0% | ||
| Q3 25 | 27.1% | 39.9% | ||
| Q2 25 | 30.1% | 33.2% | ||
| Q1 25 | 30.7% | 39.8% | ||
| Q4 24 | 30.3% | 40.3% | ||
| Q3 24 | 29.8% | 13.2% | ||
| Q2 24 | 32.5% | 34.1% | ||
| Q1 24 | 31.2% | 37.0% |
营业利润率ASPSTLS
| Q4 25 | -15.5% | -39.6% | ||
| Q3 25 | 1.2% | -4.8% | ||
| Q2 25 | 7.5% | -27.5% | ||
| Q1 25 | 7.5% | -29.5% | ||
| Q4 24 | 1.4% | -37.6% | ||
| Q3 24 | 2.7% | -121.4% | ||
| Q2 24 | 5.3% | -30.3% | ||
| Q1 24 | -1.4% | -28.5% |
净利率ASPSTLS
| Q4 25 | -16.8% | -34.9% | ||
| Q3 25 | -5.5% | -4.1% | ||
| Q2 25 | 38.5% | -26.5% | ||
| Q1 25 | -12.1% | -28.1% | ||
| Q4 24 | -21.3% | -35.4% | ||
| Q3 24 | -23.0% | -118.0% | ||
| Q2 24 | -21.1% | -27.2% | ||
| Q1 24 | -23.2% | -24.9% |
每股收益（稀释后）ASPSTLS
| Q4 25 | $-1.02 | $-0.22 | ||
| Q3 25 | $-0.22 | $-0.03 | ||
| Q2 25 | $1.48 | $-0.13 | ||
| Q1 25 | $-0.09 | $-0.12 | ||
| Q4 24 | $-4.72 | $-0.13 | ||
| Q3 24 | $-2.61 | $-0.39 | ||
| Q2 24 | $-2.33 | $-0.11 | ||
| Q1 24 | $-0.33 | $-0.10 |
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 | $53.2M |
| 总债务越低越好 | $191.1M | — |
| 股东权益账面价值 | $-110.2M | $96.0M |
| 总资产 | $139.8M | $139.9M |
| 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ASPSTLS
| Q4 25 | $26.6M | $53.2M | ||
| Q3 25 | $28.6M | $59.0M | ||
| Q2 25 | $30.0M | $57.0M | ||
| Q1 25 | $30.8M | $57.8M | ||
| Q4 24 | $29.8M | $54.6M | ||
| Q3 24 | $28.3M | $69.8M | ||
| Q2 24 | $29.7M | $80.1M | ||
| Q1 24 | $29.6M | $93.9M |
总债务ASPSTLS
| Q4 25 | $191.1M | — | ||
| Q3 25 | $192.5M | — | ||
| Q2 25 | $193.9M | — | ||
| Q1 25 | $195.0M | — | ||
| Q4 24 | $230.5M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ASPSTLS
| Q4 25 | $-110.2M | $96.0M | ||
| Q3 25 | $-104.2M | $119.7M | ||
| Q2 25 | $-102.7M | $118.4M | ||
| Q1 25 | $-119.8M | $126.1M | ||
| Q4 24 | $-157.4M | $127.1M | ||
| Q3 24 | $-149.4M | $129.5M | ||
| Q2 24 | $-140.8M | $149.1M | ||
| Q1 24 | $-133.3M | $154.4M |
总资产ASPSTLS
| Q4 25 | $139.8M | $139.9M | ||
| Q3 25 | $139.9M | $164.3M | ||
| Q2 25 | $142.9M | $165.0M | ||
| Q1 25 | $145.7M | $158.1M | ||
| Q4 24 | $143.6M | $158.2M | ||
| Q3 24 | $144.5M | $166.3M | ||
| Q2 24 | $146.6M | $182.4M | ||
| Q1 24 | $148.9M | $195.4M |
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 | $8.0M |
| 自由现金流经营现金流 - 资本支出 | $-525.0K | $8.0M |
| 自由现金流率自由现金流/营收 | -1.2% | 17.0% |
| 资本支出强度资本支出/营收 | 0.0% | 0.1% |
| 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 | $29.4M |
8季度趋势，按日历期对齐
经营现金流ASPSTLS
| Q4 25 | $-505.0K | $8.0M | ||
| Q3 25 | $718.0K | $9.1M | ||
| Q2 25 | $-306.0K | $7.0M | ||
| Q1 25 | $-5.0M | $6.1M | ||
| Q4 24 | $-1.4M | $-10.5M | ||
| Q3 24 | $-1.6M | $-7.1M | ||
| Q2 24 | $180.0K | $-8.0M | ||
| Q1 24 | $-2.2M | $-350.0K |
自由现金流ASPSTLS
| Q4 25 | $-525.0K | $8.0M | ||
| Q3 25 | $697.0K | $8.7M | ||
| Q2 25 | $-309.0K | $6.8M | ||
| Q1 25 | $-5.0M | $6.0M | ||
| Q4 24 | $-1.4M | $-12.4M | ||
| Q3 24 | — | $-7.1M | ||
| Q2 24 | — | $-8.2M | ||
| Q1 24 | — | $-447.0K |
自由现金流率ASPSTLS
| Q4 25 | -1.2% | 17.0% | ||
| Q3 25 | 1.7% | 16.9% | ||
| Q2 25 | -0.7% | 19.0% | ||
| Q1 25 | -11.5% | 19.5% | ||
| Q4 24 | -3.4% | -47.0% | ||
| Q3 24 | — | -30.0% | ||
| Q2 24 | — | -28.9% | ||
| Q1 24 | — | -1.5% |
资本支出强度ASPSTLS
| Q4 25 | 0.0% | 0.1% | ||
| Q3 25 | 0.1% | 0.9% | ||
| Q2 25 | 0.0% | 0.4% | ||
| Q1 25 | 0.1% | 0.4% | ||
| Q4 24 | 0.0% | 7.1% | ||
| Q3 24 | 0.0% | 0.2% | ||
| Q2 24 | 0.0% | 0.8% | ||
| Q1 24 | 0.0% | 0.3% |
现金转化率ASPSTLS
| 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% |
TLS
| Security Solutions Segment | $44.8M | 96% |
| Secure Networks Segment | $1.9M | 4% |
