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AvePoint（AVPT）与RMR GROUP INC.（RMR）财务数据对比。点击上方公司名可切换其他公司
AvePoint的季度营收约是RMR GROUP INC.的1.7倍（$114.7M vs $66.7M），RMR GROUP INC.净利率更高（18.3% vs 13.6%，领先4.6%），RMR GROUP INC.同比增速更快（40.8% vs 28.6%）
AvePoint是一家总部位于美国新泽西州泽西市的企业，成立于2001年，2020年在纳斯达克上市。公司专注于开发软件产品，为Microsoft 365、谷歌、Salesforce等主流平台提供功能拓展与安全增强解决方案，服务全球各行业客户的数字化协作与数据治理需求。
RMR集团是总部位于美国的另类资产管理企业，核心业务聚焦不动产及相关投资，覆盖商业地产、住宅物业、基础设施等赛道，服务全球核心市场的机构投资者、高净值人士及零售客户。
AVPT vs RMR — 直观对比
营收规模更大
AVPT
是对方的1.7倍
$66.7M
营收增速更快
RMR
高出12.2%
28.6%
净利率更高
RMR
高出4.6%
13.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $114.7M | $66.7M |
| 净利润 | $15.6M | $12.2M |
| 毛利率 | 73.6% | — |
| 营业利润率 | 12.7% | 48.1% |
| 净利率 | 13.6% | 18.3% |
| 营收同比 | 28.6% | 40.8% |
| 净利润同比 | 191.1% | 91.1% |
| 每股收益（稀释后） | $0.06 | $0.71 |
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AVPTRMR
| Q4 25 | $114.7M | $66.7M | ||
| Q3 25 | $109.7M | — | ||
| Q2 25 | $102.0M | — | ||
| Q1 25 | $93.1M | — | ||
| Q4 24 | $89.2M | — | ||
| Q3 24 | $88.8M | — | ||
| Q2 24 | $78.0M | — | ||
| Q1 24 | $74.5M | — |
净利润AVPTRMR
| Q4 25 | $15.6M | $12.2M | ||
| Q3 25 | $13.0M | — | ||
| Q2 25 | $2.9M | — | ||
| Q1 25 | $3.6M | — | ||
| Q4 24 | $-17.2M | — | ||
| Q3 24 | $2.6M | — | ||
| Q2 24 | $-12.9M | — | ||
| Q1 24 | $-2.0M | — |
毛利率AVPTRMR
| Q4 25 | 73.6% | — | ||
| Q3 25 | 74.4% | — | ||
| Q2 25 | 74.0% | — | ||
| Q1 25 | 74.3% | — | ||
| Q4 24 | 75.4% | — | ||
| Q3 24 | 76.1% | — | ||
| Q2 24 | 75.7% | — | ||
| Q1 24 | 72.6% | — |
营业利润率AVPTRMR
| Q4 25 | 12.7% | 48.1% | ||
| Q3 25 | 7.4% | — | ||
| Q2 25 | 7.0% | — | ||
| Q1 25 | 3.5% | — | ||
| Q4 24 | 5.4% | — | ||
| Q3 24 | 8.6% | — | ||
| Q2 24 | -2.7% | — | ||
| Q1 24 | -4.3% | — |
净利率AVPTRMR
| Q4 25 | 13.6% | 18.3% | ||
| Q3 25 | 11.9% | — | ||
| Q2 25 | 2.8% | — | ||
| Q1 25 | 3.8% | — | ||
| Q4 24 | -19.3% | — | ||
| Q3 24 | 3.0% | — | ||
| Q2 24 | -16.6% | — | ||
| Q1 24 | -2.6% | — |
每股收益（稀释后）AVPTRMR
| Q4 25 | $0.06 | $0.71 | ||
| Q3 25 | $0.06 | — | ||
| Q2 25 | $0.01 | — | ||
| Q1 25 | $0.02 | — | ||
| Q4 24 | $-0.09 | — | ||
| Q3 24 | $0.01 | — | ||
| Q2 24 | $-0.07 | — | ||
| Q1 24 | $-0.01 | — |
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 | $481.1M | $49.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $478.7M | $232.7M |
| 总资产 | $789.2M | $687.1M |
| 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AVPTRMR
| Q4 25 | $481.1M | $49.3M | ||
| Q3 25 | $471.6M | — | ||
| Q2 25 | $430.1M | — | ||
| Q1 25 | $351.8M | — | ||
| Q4 24 | $290.9M | — | ||
| Q3 24 | $250.0M | — | ||
| Q2 24 | $230.8M | — | ||
| Q1 24 | $219.3M | — |
股东权益AVPTRMR
| Q4 25 | $478.7M | $232.7M | ||
| Q3 25 | $466.8M | — | ||
| Q2 25 | $443.1M | — | ||
| Q1 25 | $361.5M | — | ||
| Q4 24 | $270.9M | — | ||
| Q3 24 | $215.7M | — | ||
| Q2 24 | $207.4M | — | ||
| Q1 24 | $212.7M | — |
总资产AVPTRMR
| Q4 25 | $789.2M | $687.1M | ||
| Q3 25 | $743.5M | — | ||
| Q2 25 | $700.1M | — | ||
| Q1 25 | $598.8M | — | ||
| Q4 24 | $519.1M | — | ||
| Q3 24 | $463.0M | — | ||
| Q2 24 | $427.3M | — | ||
| Q1 24 | $413.8M | — |
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 | $29.7M | $10.7M |
| 自由现金流经营现金流 - 资本支出 | $29.0M | — |
| 自由现金流率自由现金流/营收 | 25.3% | — |
| 资本支出强度资本支出/营收 | 0.6% | — |
| 现金转化率经营现金流/净利润 | 1.90× | 0.88× |
| 过去12个月自由现金流最近4个季度 | $81.6M | — |
8季度趋势，按日历期对齐
经营现金流AVPTRMR
| Q4 25 | $29.7M | $10.7M | ||
| Q3 25 | $34.8M | — | ||
| Q2 25 | $20.3M | — | ||
| Q1 25 | $495.0K | — | ||
| Q4 24 | $32.8M | — | ||
| Q3 24 | $32.2M | — | ||
| Q2 24 | $16.2M | — | ||
| Q1 24 | $7.8M | — |
自由现金流AVPTRMR
| Q4 25 | $29.0M | — | ||
| Q3 25 | $34.3M | — | ||
| Q2 25 | $19.3M | — | ||
| Q1 25 | $-1.0M | — | ||
| Q4 24 | $32.0M | — | ||
| Q3 24 | $30.8M | — | ||
| Q2 24 | $15.8M | — | ||
| Q1 24 | $7.3M | — |
自由现金流率AVPTRMR
| Q4 25 | 25.3% | — | ||
| Q3 25 | 31.3% | — | ||
| Q2 25 | 18.9% | — | ||
| Q1 25 | -1.1% | — | ||
| Q4 24 | 35.9% | — | ||
| Q3 24 | 34.7% | — | ||
| Q2 24 | 20.2% | — | ||
| Q1 24 | 9.7% | — |
资本支出强度AVPTRMR
| Q4 25 | 0.6% | — | ||
| Q3 25 | 0.5% | — | ||
| Q2 25 | 0.9% | — | ||
| Q1 25 | 1.6% | — | ||
| Q4 24 | 0.8% | — | ||
| Q3 24 | 1.6% | — | ||
| Q2 24 | 0.5% | — | ||
| Q1 24 | 0.7% | — |
现金转化率AVPTRMR
| Q4 25 | 1.90× | 0.88× | ||
| Q3 25 | 2.68× | — | ||
| Q2 25 | 7.01× | — | ||
| Q1 25 | 0.14× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 12.30× | — | ||
| 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
AVPT
| SAAS | $88.9M | 78% |
| Services | $14.7M | 13% |
| Termed License And Support | $10.1M | 9% |
RMR
| Management Service Incentive | $23.6M | 35% |
| Industrial Logistics Properties Trust | $15.1M | 23% |
| Managed Private Real Estate Capital | $11.1M | 17% |
| Office Properties Income Trust | $5.6M | 8% |
| Other Private Entities | $5.3M | 8% |
| RMR Residential | $3.4M | 5% |
| Sonesta International Hotels Corporation | $2.1M | 3% |
| Investment Advisory Management And Administrative Service | $1.2M | 2% |
