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Cambium Networks Corp（CMBM）与READING INTERNATIONAL INC（RDI）财务数据对比。点击上方公司名可切换其他公司
READING INTERNATIONAL INC的季度营收约是Cambium Networks Corp的1.2倍（$50.3M vs $40.3M），READING INTERNATIONAL INC净利率更高（-5.1% vs -17.9%，领先12.8%），READING INTERNATIONAL INC同比增速更快（-14.2% vs -23.2%），READING INTERNATIONAL INC自由现金流更多（$4.1M vs $-10.8M），过去两年READING INTERNATIONAL INC的营收复合增速更高（5.6% vs -27.2%）
坎布里姆网络公司是美国的无线通信设备制造商，主营企业WiFi、网络交换设备、物联网相关产品，以及面向企业的固定无线宽带、WiFi接入产品。该公司于2011年10月从摩托罗拉分拆，目前在纳斯达克上市。
雷丁公司是总部位于美国费城的铁路企业，1924年起在宾夕法尼亚州东部及周边各州提供客运与货运运输服务，直至1976年被联合铁路公司收购。
CMBM vs RDI — 直观对比
营收规模更大
RDI
是对方的1.2倍
$40.3M
营收增速更快
RDI
高出9.0%
-23.2%
净利率更高
RDI
高出12.8%
-17.9%
自由现金流更多
RDI
多$14.9M
$-10.8M
两年增速更快
RDI
近两年复合增速
-27.2%
损益表 — Q4 FY2024 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $40.3M | $50.3M |
| 净利润 | $-7.2M | $-2.6M |
| 毛利率 | 36.6% | — |
| 营业利润率 | -28.4% | -1.9% |
| 净利率 | -17.9% | -5.1% |
| 营收同比 | -23.2% | -14.2% |
| 净利润同比 | 71.0% | -14.5% |
| 每股收益（稀释后） | $-0.26 | $-0.11 |
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CMBMRDI
| Q4 25 | — | $50.3M | ||
| Q3 25 | — | $52.2M | ||
| Q2 25 | — | $60.4M | ||
| Q1 25 | — | $40.2M | ||
| Q4 24 | $40.3M | $58.6M | ||
| Q3 24 | $44.7M | $60.1M | ||
| Q2 24 | $45.2M | $46.8M | ||
| Q1 24 | $47.1M | $45.1M |
净利润CMBMRDI
| Q4 25 | — | $-2.6M | ||
| Q3 25 | — | $-4.2M | ||
| Q2 25 | — | $-2.7M | ||
| Q1 25 | — | $-4.8M | ||
| Q4 24 | $-7.2M | $-2.2M | ||
| Q3 24 | $-34.5M | $-7.0M | ||
| Q2 24 | $-14.2M | $-12.8M | ||
| Q1 24 | $-18.4M | $-13.2M |
毛利率CMBMRDI
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 36.6% | — | ||
| Q3 24 | 43.6% | — | ||
| Q2 24 | 32.5% | — | ||
| Q1 24 | 29.8% | — |
营业利润率CMBMRDI
| Q4 25 | — | -1.9% | ||
| Q3 25 | — | -0.6% | ||
| Q2 25 | — | 4.8% | ||
| Q1 25 | — | -17.2% | ||
| Q4 24 | -28.4% | 2.6% | ||
| Q3 24 | -69.6% | -0.6% | ||
| Q2 24 | -27.2% | -16.4% | ||
| Q1 24 | -33.1% | -16.7% |
净利率CMBMRDI
| Q4 25 | — | -5.1% | ||
| Q3 25 | — | -8.0% | ||
| Q2 25 | — | -4.4% | ||
| Q1 25 | — | -11.8% | ||
| Q4 24 | -17.9% | -3.8% | ||
| Q3 24 | -77.3% | -11.7% | ||
| Q2 24 | -31.5% | -27.4% | ||
| Q1 24 | -39.2% | -29.4% |
每股收益（稀释后）CMBMRDI
| Q4 25 | — | $-0.11 | ||
| Q3 25 | — | $-0.18 | ||
| Q2 25 | — | $-0.12 | ||
| Q1 25 | — | $-0.21 | ||
| Q4 24 | $-0.26 | $-0.11 | ||
| Q3 24 | $-1.22 | $-0.31 | ||
| Q2 24 | $-0.51 | $-0.57 | ||
| Q1 24 | $-0.66 | $-0.59 |
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 | — | $10.5M |
| 总债务越低越好 | $67.6M | $185.1M |
| 股东权益账面价值 | $-3.2M | $-18.2M |
| 总资产 | $173.7M | $434.9M |
| 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CMBMRDI
| Q4 25 | — | $10.5M | ||
| Q3 25 | — | $8.1M | ||
| Q2 25 | — | $9.1M | ||
| Q1 25 | — | $5.9M | ||
| Q4 24 | — | $12.4M | ||
| Q3 24 | — | $10.1M | ||
| Q2 24 | — | $9.3M | ||
| Q1 24 | — | $7.5M |
总债务CMBMRDI
| Q4 25 | — | $185.1M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $67.6M | $202.7M | ||
| Q3 24 | $67.6M | — | ||
| Q2 24 | $68.9M | — | ||
| Q1 24 | $63.8M | — |
股东权益CMBMRDI
| Q4 25 | — | $-18.2M | ||
| Q3 25 | — | $-12.1M | ||
| Q2 25 | — | $-7.7M | ||
| Q1 25 | — | $-8.1M | ||
| Q4 24 | $-3.2M | $-4.4M | ||
| Q3 24 | $1.9M | $1.6M | ||
| Q2 24 | $34.1M | $6.5M | ||
| Q1 24 | $45.0M | $18.0M |
总资产CMBMRDI
| Q4 25 | — | $434.9M | ||
| Q3 25 | — | $435.2M | ||
| Q2 25 | — | $438.1M | ||
| Q1 25 | — | $441.0M | ||
| Q4 24 | $173.7M | $471.0M | ||
| Q3 24 | $194.3M | $495.7M | ||
| Q2 24 | $221.1M | $494.9M | ||
| Q1 24 | $219.8M | $494.9M |
负债/权益比CMBMRDI
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 36.12× | — | ||
| Q2 24 | 2.02× | — | ||
| Q1 24 | 1.42× | — |
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 | $-10.4M | $4.3M |
| 自由现金流经营现金流 - 资本支出 | $-10.8M | $4.1M |
| 自由现金流率自由现金流/营收 | -26.8% | 8.2% |
| 资本支出强度资本支出/营收 | 1.1% | 0.3% |
| 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 | $-21.4M | $-2.9M |
8季度趋势，按日历期对齐
经营现金流CMBMRDI
| Q4 25 | — | $4.3M | ||
| Q3 25 | — | $295.0K | ||
| Q2 25 | — | $1.6M | ||
| Q1 25 | — | $-7.7M | ||
| Q4 24 | $-10.4M | $8.0M | ||
| Q3 24 | $8.9M | $1.3M | ||
| Q2 24 | $2.4M | $-10.4M | ||
| Q1 24 | $-15.9M | $-2.8M |
自由现金流CMBMRDI
| Q4 25 | — | $4.1M | ||
| Q3 25 | — | $-246.0K | ||
| Q2 25 | — | $1.2M | ||
| Q1 25 | — | $-8.0M | ||
| Q4 24 | $-10.8M | $7.0M | ||
| Q3 24 | $6.8M | $-1.1M | ||
| Q2 24 | $87.0K | $-10.6M | ||
| Q1 24 | $-17.4M | $-4.7M |
自由现金流率CMBMRDI
| Q4 25 | — | 8.2% | ||
| Q3 25 | — | -0.5% | ||
| Q2 25 | — | 1.9% | ||
| Q1 25 | — | -19.8% | ||
| Q4 24 | -26.8% | 12.0% | ||
| Q3 24 | 15.2% | -1.8% | ||
| Q2 24 | 0.2% | -22.7% | ||
| Q1 24 | -37.0% | -10.4% |
资本支出强度CMBMRDI
| Q4 25 | — | 0.3% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | — | 0.6% | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | 1.1% | 1.7% | ||
| Q3 24 | 4.8% | 4.0% | ||
| Q2 24 | 5.1% | 0.5% | ||
| Q1 24 | 3.3% | 4.3% |
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
CMBM
| Enterprise | $16.6M | 41% |
| Point To Multi Point | $16.4M | 41% |
| Other | $5.8M | 14% |
RDI
| Cinema Exhibition Segment | $46.9M | 93% |
| Real Estate Revenue | $3.4M | 7% |
