vs
三得利全球烈酒（BEEM）与Digimarc CORP（DMRC）财务数据对比。点击上方公司名可切换其他公司
三得利全球烈酒的季度营收约是Digimarc CORP的1.0倍（$9.0M vs $8.9M），三得利全球烈酒净利率更高（-25.8% vs -47.2%，领先21.5%），三得利全球烈酒同比增速更快（6.7% vs 2.9%），Digimarc CORP自由现金流更多（$895.0K vs $-3.8M），过去两年Digimarc CORP的营收复合增速更高（-5.3% vs -21.2%）
三得利全球烈酒公司（原金宾三得利）是一家美国饮品企业，隶属于日本跨国饮品集团三得利控股，主营业务为各类酒精饮品的生产销售，在全球烈酒市场拥有较高的行业知名度。
迪吉马克公司是一家企业软件与服务提供商，其主打产品包含带数字标识符的软件，主要用于解决防伪问题、验证产品真伪、提升回收准确性以及实现供应链可追溯，产品可广泛应用于服装、快消品、美妆健康、汽车等多个行业领域。
BEEM vs DMRC — 直观对比
营收规模更大
BEEM
是对方的1.0倍
$8.9M
营收增速更快
BEEM
高出3.8%
2.9%
净利率更高
BEEM
高出21.5%
-47.2%
自由现金流更多
DMRC
多$4.7M
$-3.8M
两年增速更快
DMRC
近两年复合增速
-21.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $9.0M | $8.9M |
| 净利润 | $-2.3M | $-4.2M |
| 毛利率 | 17.8% | 63.5% |
| 营业利润率 | -29.3% | -48.2% |
| 净利率 | -25.8% | -47.2% |
| 营收同比 | 6.7% | 2.9% |
| 净利润同比 | 49.6% | 51.4% |
| 每股收益（稀释后） | — | $-0.18 |
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BEEMDMRC
| Q4 25 | $9.0M | $8.9M | ||
| Q3 25 | $5.8M | $7.6M | ||
| Q2 25 | $7.1M | $8.0M | ||
| Q1 25 | $6.3M | $9.4M | ||
| Q4 24 | $8.5M | $8.7M | ||
| Q3 24 | $11.5M | $9.4M | ||
| Q2 24 | $14.8M | $10.4M | ||
| Q1 24 | $14.6M | $9.9M |
净利润BEEMDMRC
| Q4 25 | $-2.3M | $-4.2M | ||
| Q3 25 | $-4.9M | $-8.2M | ||
| Q2 25 | $-4.3M | $-8.2M | ||
| Q1 25 | $-15.5M | $-11.7M | ||
| Q4 24 | $-4.6M | $-8.6M | ||
| Q3 24 | $1.3M | $-10.8M | ||
| Q2 24 | $-4.9M | $-9.3M | ||
| Q1 24 | $-3.0M | $-10.3M |
毛利率BEEMDMRC
| Q4 25 | 17.8% | 63.5% | ||
| Q3 25 | -0.5% | 58.3% | ||
| Q2 25 | 20.3% | 58.8% | ||
| Q1 25 | 7.9% | 65.0% | ||
| Q4 24 | 26.3% | 60.8% | ||
| Q3 24 | 10.7% | 62.4% | ||
| Q2 24 | 15.9% | 66.1% | ||
| Q1 24 | 10.2% | 62.5% |
营业利润率BEEMDMRC
| Q4 25 | -29.3% | -48.2% | ||
| Q3 25 | -84.2% | -109.7% | ||
| Q2 25 | -63.1% | -105.2% | ||
| Q1 25 | -245.8% | -128.9% | ||
| Q4 24 | -60.1% | -105.1% | ||
| Q3 24 | 11.2% | -120.4% | ||
| Q2 24 | -32.3% | -96.2% | ||
| Q1 24 | -20.9% | -109.2% |
净利率BEEMDMRC
| Q4 25 | -25.8% | -47.2% | ||
| Q3 25 | -84.1% | -106.9% | ||
| Q2 25 | -60.5% | -102.6% | ||
| Q1 25 | -245.5% | -125.2% | ||
| Q4 24 | -54.5% | -99.9% | ||
| Q3 24 | 11.3% | -113.9% | ||
| Q2 24 | -33.2% | -89.3% | ||
| Q1 24 | -20.9% | -104.0% |
每股收益（稀释后）BEEMDMRC
| Q4 25 | — | $-0.18 | ||
| Q3 25 | $-0.28 | $-0.38 | ||
| Q2 25 | $-0.28 | $-0.38 | ||
| Q1 25 | $-1.04 | $-0.55 | ||
| Q4 24 | $-0.31 | $-0.40 | ||
| Q3 24 | $0.09 | $-0.50 | ||
| Q2 24 | $-0.34 | $-0.43 | ||
| Q1 24 | $-0.21 | $-0.50 |
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 | $969.0K | $12.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $24.8M | $40.2M |
| 总资产 | $42.7M | $53.0M |
| 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BEEMDMRC
| Q4 25 | $969.0K | $12.9M | ||
| Q3 25 | $3.3M | $12.6M | ||
| Q2 25 | — | $16.1M | ||
| Q1 25 | — | $21.6M | ||
| Q4 24 | $4.6M | $28.7M | ||
| Q3 24 | — | $33.7M | ||
| Q2 24 | — | $41.5M | ||
| Q1 24 | — | $48.9M |
股东权益BEEMDMRC
| Q4 25 | $24.8M | $40.2M | ||
| Q3 25 | $26.5M | $41.4M | ||
| Q2 25 | $26.9M | $46.5M | ||
| Q1 25 | $26.7M | $50.0M | ||
| Q4 24 | $41.3M | $61.4M | ||
| Q3 24 | $46.4M | $70.2M | ||
| Q2 24 | $43.4M | $77.2M | ||
| Q1 24 | $46.9M | $84.5M |
总资产BEEMDMRC
| Q4 25 | $42.7M | $53.0M | ||
| Q3 25 | $44.6M | $55.4M | ||
| Q2 25 | $46.7M | $60.7M | ||
| Q1 25 | $46.8M | $66.5M | ||
| Q4 24 | $61.5M | $75.8M | ||
| Q3 24 | $67.3M | $85.0M | ||
| Q2 24 | $71.9M | $93.4M | ||
| Q1 24 | $75.7M | $99.7M |
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 | $-3.8M | $991.0K |
| 自由现金流经营现金流 - 资本支出 | $-3.8M | $895.0K |
| 自由现金流率自由现金流/营收 | -42.3% | 10.0% |
| 资本支出强度资本支出/营收 | 0.6% | 1.1% |
| 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 | $-11.8M | $-12.3M |
8季度趋势，按日历期对齐
经营现金流BEEMDMRC
| Q4 25 | $-3.8M | $991.0K | ||
| Q3 25 | $-4.6M | $-2.6M | ||
| Q2 25 | $-318.0K | $-4.7M | ||
| Q1 25 | $-1.8M | $-5.5M | ||
| Q4 24 | $859.0K | $-4.2M | ||
| Q3 24 | $-3.0M | $-7.1M | ||
| Q2 24 | $2.9M | $-6.8M | ||
| Q1 24 | $-3.0M | $-8.4M |
自由现金流BEEMDMRC
| Q4 25 | $-3.8M | $895.0K | ||
| Q3 25 | $-5.1M | $-2.8M | ||
| Q2 25 | $-1.1M | $-4.9M | ||
| Q1 25 | $-1.8M | $-5.5M | ||
| Q4 24 | $462.0K | $-4.2M | ||
| Q3 24 | $-3.1M | $-7.2M | ||
| Q2 24 | $2.8M | $-6.9M | ||
| Q1 24 | $-3.1M | $-8.5M |
自由现金流率BEEMDMRC
| Q4 25 | -42.3% | 10.0% | ||
| Q3 25 | -87.9% | -36.9% | ||
| Q2 25 | -15.2% | -61.0% | ||
| Q1 25 | -28.7% | -59.1% | ||
| Q4 24 | 5.4% | -49.1% | ||
| Q3 24 | -27.4% | -75.7% | ||
| Q2 24 | 18.9% | -66.1% | ||
| Q1 24 | -21.5% | -85.8% |
资本支出强度BEEMDMRC
| Q4 25 | 0.6% | 1.1% | ||
| Q3 25 | 7.8% | 2.9% | ||
| Q2 25 | 10.7% | 2.5% | ||
| Q1 25 | 0.9% | 0.6% | ||
| Q4 24 | 4.7% | 0.2% | ||
| Q3 24 | 1.7% | 0.7% | ||
| Q2 24 | 0.9% | 0.3% | ||
| Q1 24 | 0.7% | 1.1% |
现金转化率BEEMDMRC
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -2.28× | — | ||
| 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
BEEM
| Products | $7.0M | 77% |
| Other | $2.0M | 23% |
DMRC
| Subscription | $5.3M | 60% |
| The Government | $3.6M | 41% |
