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BARFRESH FOOD GROUP INC.（BRFH）与Digimarc CORP（DMRC）财务数据对比。点击上方公司名可切换其他公司
Digimarc CORP的季度营收约是BARFRESH FOOD GROUP INC.的1.6倍（$8.9M vs $5.4M），BARFRESH FOOD GROUP INC.净利率更高（-14.1% vs -47.2%，领先33.2%），BARFRESH FOOD GROUP INC.同比增速更快（94.5% vs 2.9%），Digimarc CORP自由现金流更多（$895.0K vs $426.0K），过去两年BARFRESH FOOD GROUP INC.的营收复合增速更高（38.4% vs -5.3%）
Barfresh食品集团是一家研发、生产和销售冷冻即调冰沙、冰沙奶昔等饮品的食品饮料企业，核心客户覆盖北美地区的快餐连锁店、中小学、医疗机构及酒店运营商，提供分量可控、简化备餐流程的便捷饮品解决方案。
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。
BRFH vs DMRC — 直观对比
营收规模更大
DMRC
是对方的1.6倍
$5.4M
营收增速更快
BRFH
高出91.7%
2.9%
净利率更高
BRFH
高出33.2%
-47.2%
自由现金流更多
DMRC
多$469.0K
$426.0K
两年增速更快
BRFH
近两年复合增速
-5.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $5.4M | $8.9M |
| 净利润 | $-763.0K | $-4.2M |
| 毛利率 | 2.9% | 63.5% |
| 营业利润率 | -28.9% | -48.2% |
| 净利率 | -14.1% | -47.2% |
| 营收同比 | 94.5% | 2.9% |
| 净利润同比 | 10.4% | 51.4% |
| 每股收益（稀释后） | $-0.04 | $-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BRFHDMRC
| Q4 25 | $5.4M | $8.9M | ||
| Q3 25 | $4.2M | $7.6M | ||
| Q2 25 | $1.6M | $8.0M | ||
| Q1 25 | $2.9M | $9.4M | ||
| Q4 24 | $2.8M | $8.7M | ||
| Q3 24 | $3.6M | $9.4M | ||
| Q2 24 | $1.5M | $10.4M | ||
| Q1 24 | $2.8M | $9.9M |
净利润BRFHDMRC
| Q4 25 | $-763.0K | $-4.2M | ||
| Q3 25 | $-290.0K | $-8.2M | ||
| Q2 25 | $-880.0K | $-8.2M | ||
| Q1 25 | $-761.0K | $-11.7M | ||
| Q4 24 | $-852.0K | $-8.6M | ||
| Q3 24 | $-513.0K | $-10.8M | ||
| Q2 24 | $-1.0M | $-9.3M | ||
| Q1 24 | $-449.0K | $-10.3M |
毛利率BRFHDMRC
| Q4 25 | 2.9% | 63.5% | ||
| Q3 25 | 36.7% | 58.3% | ||
| Q2 25 | 31.1% | 58.8% | ||
| Q1 25 | 30.7% | 65.0% | ||
| Q4 24 | 26.2% | 60.8% | ||
| Q3 24 | 34.6% | 62.4% | ||
| Q2 24 | 34.8% | 66.1% | ||
| Q1 24 | 41.4% | 62.5% |
营业利润率BRFHDMRC
| Q4 25 | -28.9% | -48.2% | ||
| Q3 25 | -6.1% | -109.7% | ||
| Q2 25 | -53.4% | -105.2% | ||
| Q1 25 | -25.2% | -128.9% | ||
| Q4 24 | -29.5% | -105.1% | ||
| Q3 24 | -13.7% | -120.4% | ||
| Q2 24 | -68.6% | -96.2% | ||
| Q1 24 | -15.8% | -109.2% |
净利率BRFHDMRC
| Q4 25 | -14.1% | -47.2% | ||
| Q3 25 | -6.9% | -106.9% | ||
| Q2 25 | -54.2% | -102.6% | ||
| Q1 25 | -26.0% | -125.2% | ||
| Q4 24 | -30.6% | -99.9% | ||
| Q3 24 | -14.1% | -113.9% | ||
| Q2 24 | -69.1% | -89.3% | ||
| Q1 24 | -15.9% | -104.0% |
每股收益（稀释后）BRFHDMRC
| Q4 25 | $-0.04 | $-0.18 | ||
| Q3 25 | $-0.02 | $-0.38 | ||
| Q2 25 | $-0.06 | $-0.38 | ||
| Q1 25 | $-0.05 | $-0.55 | ||
| Q4 24 | $-0.06 | $-0.40 | ||
| Q3 24 | $-0.03 | $-0.50 | ||
| Q2 24 | $-0.07 | $-0.43 | ||
| Q1 24 | $-0.03 | $-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 | — | $12.9M |
| 总债务越低越好 | $766.0K | — |
| 股东权益账面价值 | $1.3M | $40.2M |
| 总资产 | $12.8M | $53.0M |
| 负债/权益比越低杠杆越低 | 0.58× | — |
8季度趋势，按日历期对齐
现金及短期投资BRFHDMRC
| Q4 25 | — | $12.9M | ||
| Q3 25 | — | $12.6M | ||
| Q2 25 | — | $16.1M | ||
| Q1 25 | — | $21.6M | ||
| Q4 24 | — | $28.7M | ||
| Q3 24 | — | $33.7M | ||
| Q2 24 | — | $41.5M | ||
| Q1 24 | $1.2M | $48.9M |
总债务BRFHDMRC
| Q4 25 | $766.0K | — | ||
| Q3 25 | $596.0K | — | ||
| Q2 25 | $176.0K | — | ||
| Q1 25 | $200.0K | — | ||
| Q4 24 | $223.0K | — | ||
| Q3 24 | $246.0K | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益BRFHDMRC
| Q4 25 | $1.3M | $40.2M | ||
| Q3 25 | $1.9M | $41.4M | ||
| Q2 25 | $2.0M | $46.5M | ||
| Q1 25 | $2.8M | $50.0M | ||
| Q4 24 | $578.0K | $61.4M | ||
| Q3 24 | $1.4M | $70.2M | ||
| Q2 24 | $1.7M | $77.2M | ||
| Q1 24 | $2.5M | $84.5M |
总资产BRFHDMRC
| Q4 25 | $12.8M | $53.0M | ||
| Q3 25 | $6.8M | $55.4M | ||
| Q2 25 | $3.8M | $60.7M | ||
| Q1 25 | $5.3M | $66.5M | ||
| Q4 24 | $3.3M | $75.8M | ||
| Q3 24 | $3.8M | $85.0M | ||
| Q2 24 | $3.3M | $93.4M | ||
| Q1 24 | $4.7M | $99.7M |
负债/权益比BRFHDMRC
| Q4 25 | 0.58× | — | ||
| Q3 25 | 0.31× | — | ||
| Q2 25 | 0.09× | — | ||
| Q1 25 | 0.07× | — | ||
| Q4 24 | 0.39× | — | ||
| Q3 24 | 0.18× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $507.0K | $991.0K |
| 自由现金流经营现金流 - 资本支出 | $426.0K | $895.0K |
| 自由现金流率自由现金流/营收 | 7.9% | 10.0% |
| 资本支出强度资本支出/营收 | 1.5% | 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 | $-1.9M | $-12.3M |
8季度趋势，按日历期对齐
经营现金流BRFHDMRC
| Q4 25 | $507.0K | $991.0K | ||
| Q3 25 | $-598.0K | $-2.6M | ||
| Q2 25 | $-1.1M | $-4.7M | ||
| Q1 25 | $-506.0K | $-5.5M | ||
| Q4 24 | $-685.0K | $-4.2M | ||
| Q3 24 | $5.0K | $-7.1M | ||
| Q2 24 | $-780.0K | $-6.8M | ||
| Q1 24 | $-769.0K | $-8.4M |
自由现金流BRFHDMRC
| Q4 25 | $426.0K | $895.0K | ||
| Q3 25 | $-650.0K | $-2.8M | ||
| Q2 25 | $-1.1M | $-4.9M | ||
| Q1 25 | $-534.0K | $-5.5M | ||
| Q4 24 | — | $-4.2M | ||
| Q3 24 | $-52.0K | $-7.2M | ||
| Q2 24 | — | $-6.9M | ||
| Q1 24 | — | $-8.5M |
自由现金流率BRFHDMRC
| Q4 25 | 7.9% | 10.0% | ||
| Q3 25 | -15.4% | -36.9% | ||
| Q2 25 | -69.8% | -61.0% | ||
| Q1 25 | -18.2% | -59.1% | ||
| Q4 24 | — | -49.1% | ||
| Q3 24 | -1.4% | -75.7% | ||
| Q2 24 | — | -66.1% | ||
| Q1 24 | — | -85.8% |
资本支出强度BRFHDMRC
| Q4 25 | 1.5% | 1.1% | ||
| Q3 25 | 1.2% | 2.9% | ||
| Q2 25 | 4.1% | 2.5% | ||
| Q1 25 | 1.0% | 0.6% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | 1.6% | 0.7% | ||
| Q2 24 | — | 0.3% | ||
| Q1 24 | — | 1.1% |
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
BRFH
| Raw And Processed Milk | $2.7M | 51% |
| Other | $2.7M | 49% |
DMRC
| Subscription | $5.3M | 60% |
| The Government | $3.6M | 41% |
