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Atlanta Braves Holdings, Inc.（BATRA）与Repay Holdings Corp（RPAY）财务数据对比。点击上方公司名可切换其他公司
Repay Holdings Corp的季度营收约是Atlanta Braves Holdings, Inc.的1.3倍（$78.6M vs $61.3M），Atlanta Braves Holdings, Inc.净利率更高（-67.6% vs -178.3%，领先110.7%），Atlanta Braves Holdings, Inc.同比增速更快（17.6% vs 0.4%），过去两年Repay Holdings Corp的营收复合增速更高（-1.3% vs -52.5%）
亚特兰大勇士控股有限公司是一家体育娱乐类控股企业，核心持有并运营美国职业棒球大联盟旗下的亚特兰大勇士队，同时开展场馆周边商住开发、活动承办、周边商品销售及传媒业务，服务美国东南部及全球棒球迷。
Repay Holdings Corp是一家聚焦北美市场的支付技术服务商，为零售、医疗、汽车服务、电商等领域的企业提供整合支付处理方案，涵盖银行卡收单、ACH转账、POS系统集成等数字化支付工具，助力客户简化交易流程、提升运营效率。
BATRA vs RPAY — 直观对比
营收规模更大
RPAY
是对方的1.3倍
$61.3M
营收增速更快
BATRA
高出17.2%
0.4%
净利率更高
BATRA
高出110.7%
-178.3%
两年增速更快
RPAY
近两年复合增速
-52.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $61.3M | $78.6M |
| 净利润 | $-41.4M | $-140.1M |
| 毛利率 | — | 74.2% |
| 营业利润率 | -81.2% | -182.2% |
| 净利率 | -67.6% | -178.3% |
| 营收同比 | 17.6% | 0.4% |
| 净利润同比 | -116.7% | -3304.1% |
| 每股收益（稀释后） | $-0.64 | $-1.68 |
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BATRARPAY
| Q4 25 | $61.3M | $78.6M | ||
| Q3 25 | $311.5M | $77.7M | ||
| Q2 25 | $312.4M | $75.6M | ||
| Q1 25 | $47.2M | $77.3M | ||
| Q4 24 | $52.1M | $78.3M | ||
| Q3 24 | $290.7M | $79.1M | ||
| Q2 24 | $282.9M | $74.9M | ||
| Q1 24 | — | $80.7M |
净利润BATRARPAY
| Q4 25 | $-41.4M | $-140.1M | ||
| Q3 25 | $30.0M | $-6.4M | ||
| Q2 25 | $29.5M | $-102.3M | ||
| Q1 25 | $-41.4M | $-7.9M | ||
| Q4 24 | $-19.1M | $-4.1M | ||
| Q3 24 | $10.0M | $3.2M | ||
| Q2 24 | $29.1M | $-4.1M | ||
| Q1 24 | — | $-5.2M |
毛利率BATRARPAY
| Q4 25 | — | 74.2% | ||
| Q3 25 | — | 74.4% | ||
| Q2 25 | — | 75.7% | ||
| Q1 25 | — | 75.9% | ||
| Q4 24 | — | 76.3% | ||
| Q3 24 | — | 77.8% | ||
| Q2 24 | — | 78.2% | ||
| Q1 24 | — | 76.2% |
营业利润率BATRARPAY
| Q4 25 | -81.2% | -182.2% | ||
| Q3 25 | 12.5% | -3.9% | ||
| Q2 25 | 13.4% | -138.7% | ||
| Q1 25 | -94.2% | -4.7% | ||
| Q4 24 | -35.8% | -1.5% | ||
| Q3 24 | 2.2% | -0.9% | ||
| Q2 24 | 8.8% | -4.6% | ||
| Q1 24 | — | -3.1% |
净利率BATRARPAY
| Q4 25 | -67.6% | -178.3% | ||
| Q3 25 | 9.6% | -8.3% | ||
| Q2 25 | 9.4% | -135.2% | ||
| Q1 25 | -87.7% | -10.3% | ||
| Q4 24 | -36.7% | -5.3% | ||
| Q3 24 | 3.4% | 4.1% | ||
| Q2 24 | 10.3% | -5.4% | ||
| Q1 24 | — | -6.5% |
每股收益（稀释后）BATRARPAY
| Q4 25 | $-0.64 | $-1.68 | ||
| Q3 25 | $0.47 | $-0.08 | ||
| Q2 25 | $0.46 | $-1.15 | ||
| Q1 25 | $-0.66 | $-0.09 | ||
| Q4 24 | $-0.29 | $-0.04 | ||
| Q3 24 | $0.16 | $0.03 | ||
| Q2 24 | $0.46 | $-0.04 | ||
| Q1 24 | — | $-0.06 |
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 | $99.9M | $115.7M |
| 总债务越低越好 | $738.6M | $280.1M |
| 股东权益账面价值 | $526.0M | $484.4M |
| 总资产 | $1.6B | $1.2B |
| 负债/权益比越低杠杆越低 | 1.40× | 0.58× |
8季度趋势，按日历期对齐
现金及短期投资BATRARPAY
| Q4 25 | $99.9M | $115.7M | ||
| Q3 25 | $82.2M | $95.7M | ||
| Q2 25 | $96.2M | $162.6M | ||
| Q1 25 | $244.7M | $165.5M | ||
| Q4 24 | $110.1M | $189.5M | ||
| Q3 24 | $100.9M | $168.7M | ||
| Q2 24 | $121.2M | $147.1M | ||
| Q1 24 | — | $128.3M |
总债务BATRARPAY
| Q4 25 | $738.6M | $280.1M | ||
| Q3 25 | $759.9M | $279.5M | ||
| Q2 25 | $703.1M | $279.0M | ||
| Q1 25 | $699.5M | $497.6M | ||
| Q4 24 | $617.1M | $496.8M | ||
| Q3 24 | $640.1M | $496.2M | ||
| Q2 24 | $600.0M | $435.6M | ||
| Q1 24 | — | $434.9M |
股东权益BATRARPAY
| Q4 25 | $526.0M | $484.4M | ||
| Q3 25 | $560.3M | $616.9M | ||
| Q2 25 | $522.8M | $633.7M | ||
| Q1 25 | $486.1M | $755.7M | ||
| Q4 24 | $524.2M | $761.3M | ||
| Q3 24 | $530.4M | $754.7M | ||
| Q2 24 | $512.7M | $815.4M | ||
| Q1 24 | — | $813.8M |
总资产BATRARPAY
| Q4 25 | $1.6B | $1.2B | ||
| Q3 25 | $1.7B | $1.3B | ||
| Q2 25 | $1.7B | $1.4B | ||
| Q1 25 | $1.7B | $1.5B | ||
| Q4 24 | $1.5B | $1.6B | ||
| Q3 24 | $1.6B | $1.6B | ||
| Q2 24 | $1.6B | $1.5B | ||
| Q1 24 | — | $1.5B |
负债/权益比BATRARPAY
| Q4 25 | 1.40× | 0.58× | ||
| Q3 25 | 1.36× | 0.45× | ||
| Q2 25 | 1.34× | 0.44× | ||
| Q1 25 | 1.44× | 0.66× | ||
| Q4 24 | 1.18× | 0.65× | ||
| Q3 24 | 1.21× | 0.66× | ||
| Q2 24 | 1.17× | 0.53× | ||
| Q1 24 | — | 0.53× |
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 | $26.4M | $23.3M |
| 自由现金流经营现金流 - 资本支出 | — | $23.2M |
| 自由现金流率自由现金流/营收 | — | 29.6% |
| 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 | — | $90.7M |
8季度趋势，按日历期对齐
经营现金流BATRARPAY
| Q4 25 | $26.4M | $23.3M | ||
| Q3 25 | $-88.8M | $32.2M | ||
| Q2 25 | $-8.1M | $33.1M | ||
| Q1 25 | $95.8M | $2.5M | ||
| Q4 24 | $28.9M | $34.3M | ||
| Q3 24 | $-69.0M | $60.1M | ||
| Q2 24 | $-34.3M | $31.0M | ||
| Q1 24 | — | $24.8M |
自由现金流BATRARPAY
| Q4 25 | — | $23.2M | ||
| Q3 25 | — | $32.1M | ||
| Q2 25 | $-82.3M | $33.0M | ||
| Q1 25 | $76.3M | $2.4M | ||
| Q4 24 | $16.8M | $34.0M | ||
| Q3 24 | $-85.5M | $59.8M | ||
| Q2 24 | $-64.1M | $30.5M | ||
| Q1 24 | — | $24.7M |
自由现金流率BATRARPAY
| Q4 25 | — | 29.6% | ||
| Q3 25 | — | 41.3% | ||
| Q2 25 | -26.3% | 43.6% | ||
| Q1 25 | 161.5% | 3.0% | ||
| Q4 24 | 32.3% | 43.5% | ||
| Q3 24 | -29.4% | 75.6% | ||
| Q2 24 | -22.7% | 40.7% | ||
| Q1 24 | — | 30.6% |
资本支出强度BATRARPAY
| Q4 25 | 0.0% | 0.1% | ||
| Q3 25 | 0.0% | 0.2% | ||
| Q2 25 | 23.7% | 0.1% | ||
| Q1 25 | 41.3% | 0.2% | ||
| Q4 24 | 23.2% | 0.3% | ||
| Q3 24 | 5.7% | 0.3% | ||
| Q2 24 | 10.5% | 0.6% | ||
| Q1 24 | — | 0.1% |
现金转化率BATRARPAY
| Q4 25 | — | — | ||
| Q3 25 | -2.96× | — | ||
| Q2 25 | -0.28× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -6.89× | 18.52× | ||
| Q2 24 | -1.18× | — | ||
| 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
BATRA
| Baseball | $34.8M | 57% |
| Mixed Use Development Segment | $26.5M | 43% |
RPAY
| Sales Channel Directly To Consumer | $69.4M | 88% |
| Other | $6.8M | 9% |
| Sales Channel Through Intermediary | $2.3M | 3% |
