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黑鹰网络（BNAI）与CREATIVE REALITIES, INC.（CREX）财务数据对比。点击上方公司名可切换其他公司
CREATIVE REALITIES, INC.的季度营收约是黑鹰网络的397.9倍（$23.9M vs $60.1K）。CREATIVE REALITIES, INC.净利率更高（-8.2% vs -4128.4%，领先4120.2%）。CREATIVE REALITIES, INC.同比增速更快（117.2% vs 20.2%）
黑鹰网络控股是一家美国私营企业，主营预付卡、礼品卡与支付相关业务，在线上及全球零售网点渠道销售品牌实体与数字礼品、手机、预付借记卡及激励卡，业务覆盖线下门店、线上、移动端、激励方案等多个渠道，总部位于加州普莱森顿，2006年完成注册。
Creative Realities, Inc.是一家端到端沉浸式数字体验解决方案提供商，主营互动数字标牌、内容管理软件及定制体验设计服务，主要面向北美零售、酒店、医疗、企业办公及公共领域客户，助力品牌提升客户参与度与运营效率。
BNAI vs CREX — 直观对比
营收规模更大
CREX
是对方的397.9倍
$60.1K
营收增速更快
CREX
高出97.0%
20.2%
净利率更高
CREX
高出4120.2%
-4128.4%
损益表 — Q3 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $60.1K | $23.9M |
| 净利润 | $-2.5M | $-2.0M |
| 毛利率 | 100.0% | 47.9% |
| 营业利润率 | -3853.3% | 1.9% |
| 净利率 | -4128.4% | -8.2% |
| 营收同比 | 20.2% | 117.2% |
| 净利润同比 | 57.4% | 30.8% |
| 每股收益（稀释后） | $-0.06 | — |
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BNAICREX
| Q4 25 | — | $23.9M | ||
| Q3 25 | $60.1K | $10.5M | ||
| Q2 25 | $5.0K | $13.0M | ||
| Q1 25 | $10.0K | $9.7M | ||
| Q4 24 | $0 | $11.0M | ||
| Q3 24 | $50.0K | $14.4M | ||
| Q2 24 | $0 | $13.1M | ||
| Q1 24 | $49.8K | $12.3M |
净利润BNAICREX
| Q4 25 | — | $-2.0M | ||
| Q3 25 | $-2.5M | $-7.9M | ||
| Q2 25 | $905.1K | $-1.8M | ||
| Q1 25 | $-3.6M | $3.4M | ||
| Q4 24 | — | $-2.8M | ||
| Q3 24 | $-5.8M | $54.0K | ||
| Q2 24 | $-3.0M | $-615.0K | ||
| Q1 24 | $-6.9M | $-109.0K |
毛利率BNAICREX
| Q4 25 | — | 47.9% | ||
| Q3 25 | 100.0% | 45.3% | ||
| Q2 25 | 100.0% | 38.5% | ||
| Q1 25 | 100.0% | 45.7% | ||
| Q4 24 | — | 44.2% | ||
| Q3 24 | 100.0% | 45.6% | ||
| Q2 24 | — | 51.8% | ||
| Q1 24 | 100.0% | 46.9% |
营业利润率BNAICREX
| Q4 25 | — | 1.9% | ||
| Q3 25 | -3853.3% | -68.9% | ||
| Q2 25 | -56506.2% | -10.2% | ||
| Q1 25 | -41540.9% | -7.4% | ||
| Q4 24 | — | -6.5% | ||
| Q3 24 | -10559.0% | 7.9% | ||
| Q2 24 | — | 4.5% | ||
| Q1 24 | -13654.9% | -0.6% |
净利率BNAICREX
| Q4 25 | — | -8.2% | ||
| Q3 25 | -4128.4% | -74.5% | ||
| Q2 25 | 18101.6% | -13.9% | ||
| Q1 25 | -36102.3% | 34.6% | ||
| Q4 24 | — | -25.8% | ||
| Q3 24 | -11646.2% | 0.4% | ||
| Q2 24 | — | -4.7% | ||
| Q1 24 | -13826.9% | -0.9% |
每股收益（稀释后）BNAICREX
| Q4 25 | — | — | ||
| Q3 25 | $-0.06 | $-0.75 | ||
| Q2 25 | $0.02 | $-0.17 | ||
| Q1 25 | $-0.09 | $0.32 | ||
| Q4 24 | — | $-0.28 | ||
| Q3 24 | $-0.16 | $0.01 | ||
| Q2 24 | $-0.09 | $-0.06 | ||
| Q1 24 | $-0.27 | $-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 | $102.7K | $1.6M |
| 总债务越低越好 | — | $44.0M |
| 股东权益账面价值 | $3.5M | $21.5M |
| 总资产 | $16.4M | $151.0M |
| 负债/权益比越低杠杆越低 | — | 2.04× |
8季度趋势，按日历期对齐
现金及短期投资BNAICREX
| Q4 25 | — | $1.6M | ||
| Q3 25 | $102.7K | $314.0K | ||
| Q2 25 | $20.4K | $569.0K | ||
| Q1 25 | $236.2K | $1.1M | ||
| Q4 24 | $149.3K | $1.0M | ||
| Q3 24 | $72.9K | $868.0K | ||
| Q2 24 | $1.4M | $4.1M | ||
| Q1 24 | $3.3M | $2.9M |
总债务BNAICREX
| Q4 25 | — | $44.0M | ||
| Q3 25 | — | $22.0M | ||
| Q2 25 | — | $19.9M | ||
| Q1 25 | — | $23.0M | ||
| Q4 24 | — | $13.0M | ||
| Q3 24 | — | $10.7M | ||
| Q2 24 | — | $13.6M | ||
| Q1 24 | — | $12.8M |
股东权益BNAICREX
| Q4 25 | — | $21.5M | ||
| Q3 25 | $3.5M | $21.9M | ||
| Q2 25 | $5.7M | $29.4M | ||
| Q1 25 | $3.3M | $29.9M | ||
| Q4 24 | $2.6M | $25.5M | ||
| Q3 24 | $17.8M | $28.3M | ||
| Q2 24 | $20.6M | $28.2M | ||
| Q1 24 | $20.6M | $28.8M |
总资产BNAICREX
| Q4 25 | — | $151.0M | ||
| Q3 25 | $16.4M | $61.3M | ||
| Q2 25 | $17.0M | $63.7M | ||
| Q1 25 | $17.9M | $67.0M | ||
| Q4 24 | $18.1M | $65.2M | ||
| Q3 24 | $31.9M | $67.6M | ||
| Q2 24 | $34.1M | $69.6M | ||
| Q1 24 | $36.9M | $68.2M |
负债/权益比BNAICREX
| Q4 25 | — | 2.04× | ||
| Q3 25 | — | 1.00× | ||
| Q2 25 | — | 0.68× | ||
| Q1 25 | — | 0.77× | ||
| Q4 24 | — | 0.51× | ||
| Q3 24 | — | 0.38× | ||
| Q2 24 | — | 0.48× | ||
| Q1 24 | — | 0.44× |
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 | $-107.3K | $-4.5M |
| 自由现金流经营现金流 - 资本支出 | — | $-4.6M |
| 自由现金流率自由现金流/营收 | — | -19.1% |
| 资本支出强度资本支出/营收 | — | 0.4% |
| 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 | — | $-8.1M |
8季度趋势，按日历期对齐
经营现金流BNAICREX
| Q4 25 | — | $-4.5M | ||
| Q3 25 | $-107.3K | $-1.6M | ||
| Q2 25 | $-2.6M | $773.0K | ||
| Q1 25 | $-2.6M | $-2.4M | ||
| Q4 24 | $-14.0M | $-1.4M | ||
| Q3 24 | $-3.1M | $544.0K | ||
| Q2 24 | $-4.1M | $2.3M | ||
| Q1 24 | $-4.5M | $1.9M |
自由现金流BNAICREX
| Q4 25 | — | $-4.6M | ||
| Q3 25 | — | $-1.7M | ||
| Q2 25 | — | $672.0K | ||
| Q1 25 | — | $-2.5M | ||
| Q4 24 | $-14.1M | $-1.4M | ||
| Q3 24 | $-3.1M | $543.0K | ||
| Q2 24 | $-4.1M | $2.3M | ||
| Q1 24 | $-4.6M | $1.9M |
自由现金流率BNAICREX
| Q4 25 | — | -19.1% | ||
| Q3 25 | — | -16.2% | ||
| Q2 25 | — | 5.2% | ||
| Q1 25 | — | -25.2% | ||
| Q4 24 | — | -12.5% | ||
| Q3 24 | -6159.9% | 3.8% | ||
| Q2 24 | — | 17.3% | ||
| Q1 24 | -9164.4% | 15.7% |
资本支出强度BNAICREX
| Q4 25 | — | 0.4% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | — | 0.8% | ||
| Q1 25 | 0.0% | 0.1% | ||
| Q4 24 | — | 0.0% | ||
| Q3 24 | 53.4% | 0.0% | ||
| Q2 24 | — | 0.0% | ||
| Q1 24 | 26.2% | 0.0% |
现金转化率BNAICREX
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -2.88× | — | ||
| Q1 25 | — | -0.73× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 10.07× | ||
| 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
BNAI
暂无分部数据
CREX
| Service And Other | $17.3M | 72% |
| Managed Services | $4.7M | 20% |
| Installation Services | $1.7M | 7% |
