vs
ATN International, Inc.（ATNI）与BRC Group Holdings, Inc.（RILY）财务数据对比。点击上方公司名可切换其他公司
BRC Group Holdings, Inc.的季度营收约是ATN International, Inc.的1.1倍（$188.3M vs $169.1M），BRC Group Holdings, Inc.净利率更高（47.9% vs -4.0%，领先52.0%），ATN International, Inc.同比增速更快（1.2% vs -21.9%），过去两年ATN International, Inc.的营收复合增速更高（-1.1% vs -15.4%）
ATN International是一家上市电信企业，总部位于美国马萨诸塞州贝弗利，前身为大西洋电信网络公司。该公司运营数字无线、固线通信网络，以及地面和海底光纤网络，服务于地理分散、地形复杂的市场，覆盖美国的平原、沙漠与山区等区域。
ATNI vs RILY — 直观对比
营收规模更大
RILY
是对方的1.1倍
$169.1M
营收增速更快
ATNI
高出23.0%
-21.9%
净利率更高
RILY
高出52.0%
-4.0%
两年增速更快
ATNI
近两年复合增速
-15.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $169.1M | $188.3M |
| 净利润 | $-6.8M | $90.3M |
| 毛利率 | — | 79.5% |
| 营业利润率 | 9.3% | 32.3% |
| 净利率 | -4.0% | 47.9% |
| 营收同比 | 1.2% | -21.9% |
| 净利润同比 | -261.7% | 1710.8% |
| 每股收益（稀释后） | $-0.31 | $2.78 |
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ATNIRILY
| Q4 25 | $169.1M | $188.3M | ||
| Q3 25 | $166.9M | $215.3M | ||
| Q2 25 | $166.5M | $188.2M | ||
| Q1 25 | $164.6M | $197.2M | ||
| Q4 24 | $167.1M | $241.0M | ||
| Q3 24 | $164.6M | $225.5M | ||
| Q2 24 | $169.4M | $256.0M | ||
| Q1 24 | $172.9M | $263.4M |
净利润ATNIRILY
| Q4 25 | $-6.8M | $90.3M | ||
| Q3 25 | $3.9M | $91.1M | ||
| Q2 25 | $-9.3M | $139.5M | ||
| Q1 25 | $-11.4M | $-10.0M | ||
| Q4 24 | $4.2M | $-5.6M | ||
| Q3 24 | $-39.5M | $-284.4M | ||
| Q2 24 | $11.3M | $-433.6M | ||
| Q1 24 | $-7.9M | $-49.2M |
毛利率ATNIRILY
| Q4 25 | — | 79.5% | ||
| Q3 25 | — | 83.7% | ||
| Q2 25 | — | 81.3% | ||
| Q1 25 | — | 81.4% | ||
| Q4 24 | — | 79.8% | ||
| Q3 24 | — | 82.1% | ||
| Q2 24 | — | 84.5% | ||
| Q1 24 | — | 85.3% |
营业利润率ATNIRILY
| Q4 25 | 9.3% | 32.3% | ||
| Q3 25 | 5.9% | 30.4% | ||
| Q2 25 | 0.1% | 5.7% | ||
| Q1 25 | 1.6% | -31.2% | ||
| Q4 24 | 5.2% | -69.2% | ||
| Q3 24 | -23.3% | -36.4% | ||
| Q2 24 | 14.4% | -90.8% | ||
| Q1 24 | 2.6% | -6.1% |
净利率ATNIRILY
| Q4 25 | -4.0% | 47.9% | ||
| Q3 25 | 2.4% | 42.3% | ||
| Q2 25 | -5.6% | 74.1% | ||
| Q1 25 | -6.9% | -5.1% | ||
| Q4 24 | 2.5% | -2.3% | ||
| Q3 24 | -24.0% | -126.1% | ||
| Q2 24 | 6.7% | -169.4% | ||
| Q1 24 | -4.6% | -18.7% |
每股收益（稀释后）ATNIRILY
| Q4 25 | $-0.31 | $2.78 | ||
| Q3 25 | $0.18 | $2.91 | ||
| Q2 25 | $-0.56 | $4.50 | ||
| Q1 25 | $-0.69 | $-0.39 | ||
| Q4 24 | $0.16 | $-0.01 | ||
| Q3 24 | $-2.26 | $-9.39 | ||
| Q2 24 | $0.50 | $-14.35 | ||
| Q1 24 | $-0.50 | $-1.71 |
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 | $102.9M | $226.6M |
| 总债务越低越好 | $565.2M | $1.4B |
| 股东权益账面价值 | $444.3M | $-171.5M |
| 总资产 | $1.7B | $1.7B |
| 负债/权益比越低杠杆越低 | 1.27× | — |
8季度趋势，按日历期对齐
现金及短期投资ATNIRILY
| Q4 25 | $102.9M | $226.6M | ||
| Q3 25 | $106.6M | $184.2M | ||
| Q2 25 | $99.4M | $267.4M | ||
| Q1 25 | $83.8M | $138.3M | ||
| Q4 24 | $73.7M | $146.9M | ||
| Q3 24 | $101.0M | $159.2M | ||
| Q2 24 | $59.2M | $236.9M | ||
| Q1 24 | $56.8M | $190.7M |
总债务ATNIRILY
| Q4 25 | $565.2M | $1.4B | ||
| Q3 25 | $579.6M | $1.3B | ||
| Q2 25 | $583.4M | $1.3B | ||
| Q1 25 | $562.4M | $1.4B | ||
| Q4 24 | $557.4M | $1.5B | ||
| Q3 24 | $568.9M | — | ||
| Q2 24 | $540.8M | — | ||
| Q1 24 | $541.3M | — |
股东权益ATNIRILY
| Q4 25 | $444.3M | $-171.5M | ||
| Q3 25 | $452.3M | $-260.5M | ||
| Q2 25 | $458.7M | $-351.7M | ||
| Q1 25 | $473.3M | $-496.8M | ||
| Q4 24 | $489.5M | $-488.2M | ||
| Q3 24 | $490.8M | $-497.6M | ||
| Q2 24 | $526.8M | $-218.3M | ||
| Q1 24 | $530.0M | $228.4M |
总资产ATNIRILY
| Q4 25 | $1.7B | $1.7B | ||
| Q3 25 | $1.7B | $1.7B | ||
| Q2 25 | $1.7B | $1.5B | ||
| Q1 25 | $1.7B | $1.5B | ||
| Q4 24 | $1.7B | $1.8B | ||
| Q3 24 | $1.8B | $2.2B | ||
| Q2 24 | $1.8B | $3.2B | ||
| Q1 24 | $1.8B | $5.0B |
负债/权益比ATNIRILY
| Q4 25 | 1.27× | — | ||
| Q3 25 | 1.28× | — | ||
| Q2 25 | 1.27× | — | ||
| Q1 25 | 1.19× | — | ||
| Q4 24 | 1.14× | — | ||
| Q3 24 | 1.16× | — | ||
| Q2 24 | 1.03× | — | ||
| Q1 24 | 1.02× | — |
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 | $36.2M | $26.2M |
| 自由现金流经营现金流 - 资本支出 | $7.1M | — |
| 自由现金流率自由现金流/营收 | 4.2% | — |
| 资本支出强度资本支出/营收 | 17.2% | — |
| 现金转化率经营现金流/净利润 | — | 0.29× |
| 过去12个月自由现金流最近4个季度 | $43.9M | — |
8季度趋势，按日历期对齐
经营现金流ATNIRILY
| Q4 25 | $36.2M | $26.2M | ||
| Q3 25 | $37.8M | $-60.6M | ||
| Q2 25 | $23.9M | $-25.6M | ||
| Q1 25 | $35.9M | $184.0K | ||
| Q4 24 | $30.5M | $-2.7M | ||
| Q3 24 | $39.0M | $19.5M | ||
| Q2 24 | $35.2M | $111.5M | ||
| Q1 24 | $23.2M | $135.4M |
自由现金流ATNIRILY
| Q4 25 | $7.1M | — | ||
| Q3 25 | $18.9M | — | ||
| Q2 25 | $2.8M | — | ||
| Q1 25 | $15.1M | — | ||
| Q4 24 | $5.8M | — | ||
| Q3 24 | $15.2M | — | ||
| Q2 24 | $9.4M | — | ||
| Q1 24 | $-12.8M | — |
自由现金流率ATNIRILY
| Q4 25 | 4.2% | — | ||
| Q3 25 | 11.3% | — | ||
| Q2 25 | 1.7% | — | ||
| Q1 25 | 9.2% | — | ||
| Q4 24 | 3.5% | — | ||
| Q3 24 | 9.2% | — | ||
| Q2 24 | 5.6% | — | ||
| Q1 24 | -7.4% | — |
资本支出强度ATNIRILY
| Q4 25 | 17.2% | — | ||
| Q3 25 | 11.3% | — | ||
| Q2 25 | 12.7% | — | ||
| Q1 25 | 12.7% | — | ||
| Q4 24 | 14.8% | — | ||
| Q3 24 | 14.5% | — | ||
| Q2 24 | 15.2% | — | ||
| Q1 24 | 20.8% | — |
现金转化率ATNIRILY
| Q4 25 | — | 0.29× | ||
| Q3 25 | 9.62× | -0.66× | ||
| Q2 25 | — | -0.18× | ||
| Q1 25 | — | — | ||
| Q4 24 | 7.24× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 3.11× | — | ||
| 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
ATNI
| Us Telecommunications | $86.9M | 51% |
| Fixed Consumer | $42.8M | 25% |
| Fixed Business | $18.5M | 11% |
| Transferred At Point In Time | $7.2M | 4% |
| Mobility Business | $5.3M | 3% |
| Other Revenue | $4.2M | 2% |
| Other Communication Services | $3.2M | 2% |
| Managed Services | $1.2M | 1% |
| Construction Services | $448.0K | 0% |
RILY
| Transferred At Point In Time | $101.4M | 54% |
| Wealth Management Segment | $30.7M | 16% |
| Corporate Finance Consulting And Investment Banking Fees | $27.1M | 14% |
| Services And Fees | $24.8M | 13% |
| Commissions Fees And Reimbursed Expenses | $4.8M | 3% |
