vs
biote Corp.（BTMD）与Rumble Inc.（RUM）财务数据对比。点击上方公司名可切换其他公司
biote Corp.的季度营收约是Rumble Inc.的1.7倍（$46.4M vs $27.1M），biote Corp.净利率更高（4.2% vs -120.8%，领先125.0%），biote Corp.同比增速更快（-6.9% vs -10.5%），biote Corp.自由现金流更多（$6.5M vs $-31.7M），过去两年Rumble Inc.的营收复合增速更高（15.2% vs -0.4%）
biote Corp是一家专注于个性化生物同质性激素替代疗法的医疗企业，主要面向美国市场运营，为持牌医疗从业者提供相关培训课程，同时推出配套健康补剂与诊断服务，以提升患者诊疗效果。
Rumble Inc.是一家加美跨国企业，主营在线视频平台、网络托管及云服务，总部位于加拿大多伦多，美国总部设在佛罗里达州朗博特基。公司由加拿大科技创业者克里斯·帕夫洛夫斯基于2013年创立，云服务板块为Truth Social提供托管支持，其视频平台在美国保守派及极右翼用户群体中广受欢迎，属于“另类科技”阵营。
BTMD vs RUM — 直观对比
营收规模更大
BTMD
是对方的1.7倍
$27.1M
营收增速更快
BTMD
高出3.6%
-10.5%
净利率更高
BTMD
高出125.0%
-120.8%
自由现金流更多
BTMD
多$38.2M
$-31.7M
两年增速更快
RUM
近两年复合增速
-0.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $46.4M | $27.1M |
| 净利润 | $2.0M | $-32.7M |
| 毛利率 | — | 5.5% |
| 营业利润率 | 14.7% | -131.1% |
| 净利率 | 4.2% | -120.8% |
| 营收同比 | -6.9% | -10.5% |
| 净利润同比 | -47.2% | 86.2% |
| 每股收益（稀释后） | $0.05 | $-0.13 |
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BTMDRUM
| Q4 25 | $46.4M | $27.1M | ||
| Q3 25 | $48.0M | $24.8M | ||
| Q2 25 | $48.9M | — | ||
| Q1 25 | $49.0M | $23.7M | ||
| Q4 24 | $49.8M | $30.2M | ||
| Q3 24 | $51.4M | $25.1M | ||
| Q2 24 | $49.2M | $22.5M | ||
| Q1 24 | $46.8M | $17.7M |
净利润BTMDRUM
| Q4 25 | $2.0M | $-32.7M | ||
| Q3 25 | $8.2M | $-16.3M | ||
| Q2 25 | $3.2M | — | ||
| Q1 25 | $13.7M | $-2.7M | ||
| Q4 24 | $3.7M | $-236.8M | ||
| Q3 24 | $10.7M | $-31.5M | ||
| Q2 24 | $-7.1M | $-26.8M | ||
| Q1 24 | $-4.2M | $-43.3M |
毛利率BTMDRUM
| Q4 25 | — | 5.5% | ||
| Q3 25 | — | -1.8% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -26.7% | ||
| Q4 24 | — | -14.2% | ||
| Q3 24 | — | -45.4% | ||
| Q2 24 | — | -58.8% | ||
| Q1 24 | — | -79.5% |
营业利润率BTMDRUM
| Q4 25 | 14.7% | -131.1% | ||
| Q3 25 | 17.2% | -113.6% | ||
| Q2 25 | 22.0% | — | ||
| Q1 25 | 19.8% | -153.5% | ||
| Q4 24 | 5.6% | -80.1% | ||
| Q3 24 | 23.7% | -131.0% | ||
| Q2 24 | 12.7% | -172.7% | ||
| Q1 24 | 22.3% | -197.4% |
净利率BTMDRUM
| Q4 25 | 4.2% | -120.8% | ||
| Q3 25 | 17.1% | -65.7% | ||
| Q2 25 | 6.5% | — | ||
| Q1 25 | 28.0% | -11.2% | ||
| Q4 24 | 7.4% | -783.2% | ||
| Q3 24 | 20.8% | -125.9% | ||
| Q2 24 | -14.4% | -119.2% | ||
| Q1 24 | -8.9% | -244.1% |
每股收益（稀释后）BTMDRUM
| Q4 25 | $0.05 | $-0.13 | ||
| Q3 25 | $0.22 | $-0.06 | ||
| Q2 25 | $0.10 | — | ||
| Q1 25 | $0.37 | $-0.01 | ||
| Q4 24 | $0.09 | $-1.17 | ||
| Q3 24 | $0.33 | $-0.15 | ||
| Q2 24 | $-0.21 | $-0.13 | ||
| Q1 24 | $-0.12 | $-0.21 |
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 | $24.1M | $237.9M |
| 总债务越低越好 | $103.1M | — |
| 股东权益账面价值 | $-58.5M | $274.8M |
| 总资产 | $107.6M | $336.8M |
| 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BTMDRUM
| Q4 25 | $24.1M | $237.9M | ||
| Q3 25 | $28.0M | $269.8M | ||
| Q2 25 | $19.6M | — | ||
| Q1 25 | $41.7M | $301.3M | ||
| Q4 24 | $39.3M | $114.0M | ||
| Q3 24 | $38.2M | $132.0M | ||
| Q2 24 | $26.4M | $154.2M | ||
| Q1 24 | $78.8M | $183.8M |
总债务BTMDRUM
| Q4 25 | $103.1M | — | ||
| Q3 25 | $104.7M | — | ||
| Q2 25 | $106.3M | — | ||
| Q1 25 | $107.8M | — | ||
| Q4 24 | $109.4M | — | ||
| Q3 24 | $110.9M | — | ||
| Q2 24 | $112.5M | — | ||
| Q1 24 | $114.1M | — |
股东权益BTMDRUM
| Q4 25 | $-58.5M | $274.8M | ||
| Q3 25 | $-72.8M | $302.2M | ||
| Q2 25 | $-85.1M | — | ||
| Q1 25 | $-90.0M | $339.6M | ||
| Q4 24 | $-105.9M | $-63.1M | ||
| Q3 24 | $-130.3M | $166.1M | ||
| Q2 24 | $-143.2M | $192.7M | ||
| Q1 24 | $-36.0M | $210.7M |
总资产BTMDRUM
| Q4 25 | $107.6M | $336.8M | ||
| Q3 25 | $111.3M | $367.2M | ||
| Q2 25 | $104.8M | — | ||
| Q1 25 | $123.4M | $391.1M | ||
| Q4 24 | $122.4M | $195.3M | ||
| Q3 24 | $101.3M | $217.2M | ||
| Q2 24 | $92.9M | $243.2M | ||
| Q1 24 | $160.1M | $263.0M |
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 | $7.6M | $-29.4M |
| 自由现金流经营现金流 - 资本支出 | $6.5M | $-31.7M |
| 自由现金流率自由现金流/营收 | 14.0% | -117.2% |
| 资本支出强度资本支出/营收 | 2.3% | 8.5% |
| 现金转化率经营现金流/净利润 | 3.87× | — |
| 过去12个月自由现金流最近4个季度 | $30.2M | $-70.8M |
8季度趋势，按日历期对齐
经营现金流BTMDRUM
| Q4 25 | $7.6M | $-29.4M | ||
| Q3 25 | $14.1M | $-10.6M | ||
| Q2 25 | $7.1M | — | ||
| Q1 25 | $6.5M | $-14.5M | ||
| Q4 24 | $12.4M | $-12.4M | ||
| Q3 24 | $15.6M | $-19.1M | ||
| Q2 24 | $9.9M | $-21.7M | ||
| Q1 24 | $7.4M | $-33.9M |
自由现金流BTMDRUM
| Q4 25 | $6.5M | $-31.7M | ||
| Q3 25 | $13.6M | $-12.0M | ||
| Q2 25 | $5.3M | — | ||
| Q1 25 | $4.8M | $-14.6M | ||
| Q4 24 | $10.7M | $-12.4M | ||
| Q3 24 | $14.0M | $-19.9M | ||
| Q2 24 | $7.4M | $-23.1M | ||
| Q1 24 | $6.7M | $-34.3M |
自由现金流率BTMDRUM
| Q4 25 | 14.0% | -117.2% | ||
| Q3 25 | 28.3% | -48.6% | ||
| Q2 25 | 10.8% | — | ||
| Q1 25 | 9.9% | -61.7% | ||
| Q4 24 | 21.5% | -40.9% | ||
| Q3 24 | 27.3% | -79.5% | ||
| Q2 24 | 15.1% | -102.8% | ||
| Q1 24 | 14.2% | -193.3% |
资本支出强度BTMDRUM
| Q4 25 | 2.3% | 8.5% | ||
| Q3 25 | 1.0% | 5.7% | ||
| Q2 25 | 3.7% | — | ||
| Q1 25 | 3.3% | 0.6% | ||
| Q4 24 | 3.4% | 0.1% | ||
| Q3 24 | 3.0% | 3.4% | ||
| Q2 24 | 5.1% | 6.1% | ||
| Q1 24 | 1.5% | 2.4% |
现金转化率BTMDRUM
| Q4 25 | 3.87× | — | ||
| Q3 25 | 1.72× | — | ||
| Q2 25 | 2.22× | — | ||
| Q1 25 | 0.47× | — | ||
| Q4 24 | 3.34× | — | ||
| Q3 24 | 1.45× | — | ||
| 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
BTMD
| Product Revenue | $45.3M | 98% |
| Disposable Trocars Product Revenue | $1.2M | 3% |
RUM
| Audience Monetization | $23.8M | 88% |
| Other Initiatives | $3.3M | 12% |
