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CREATIVE REALITIES, INC.（CREX）与STEM, INC.（STEM）财务数据对比。点击上方公司名可切换其他公司
STEM, INC.的季度营收约是CREATIVE REALITIES, INC.的2.0倍（$47.1M vs $23.9M），CREATIVE REALITIES, INC.净利率更高（-8.2% vs -33.9%，领先25.7%），CREATIVE REALITIES, INC.同比增速更快（117.2% vs -15.6%），过去两年CREATIVE REALITIES, INC.的营收复合增速更高（39.5% vs 36.1%）
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。
该公司是一家公开上市的生物制药企业，总部位于加利福尼亚州纽瓦克，专注研发纯化人类神经干细胞，旨在治疗中枢神经系统疾病与瘫痪，其所研发的神经干细胞可分化为中枢神经系统的神经元、星形胶质细胞与少突胶质细胞这三大主要细胞类型。
CREX vs STEM — 直观对比
营收规模更大
STEM
是对方的2.0倍
$23.9M
营收增速更快
CREX
高出132.8%
-15.6%
净利率更高
CREX
高出25.7%
-33.9%
两年增速更快
CREX
近两年复合增速
36.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $23.9M | $47.1M |
| 净利润 | $-2.0M | $-16.0M |
| 毛利率 | 47.9% | 48.9% |
| 营业利润率 | 1.9% | -17.7% |
| 净利率 | -8.2% | -33.9% |
| 营收同比 | 117.2% | -15.6% |
| 净利润同比 | 30.8% | 68.8% |
| 每股收益（稀释后） | — | $-4.40 |
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CREXSTEM
| Q4 25 | $23.9M | $47.1M | ||
| Q3 25 | $10.5M | $38.2M | ||
| Q2 25 | $13.0M | $38.4M | ||
| Q1 25 | $9.7M | $32.5M | ||
| Q4 24 | $11.0M | $55.8M | ||
| Q3 24 | $14.4M | $29.3M | ||
| Q2 24 | $13.1M | $34.0M | ||
| Q1 24 | $12.3M | $25.5M |
净利润CREXSTEM
| Q4 25 | $-2.0M | $-16.0M | ||
| Q3 25 | $-7.9M | $-23.8M | ||
| Q2 25 | $-1.8M | $202.5M | ||
| Q1 25 | $3.4M | $-25.0M | ||
| Q4 24 | $-2.8M | $-51.1M | ||
| Q3 24 | $54.0K | $-148.3M | ||
| Q2 24 | $-615.0K | $-582.3M | ||
| Q1 24 | $-109.0K | $-72.3M |
毛利率CREXSTEM
| Q4 25 | 47.9% | 48.9% | ||
| Q3 25 | 45.3% | 35.5% | ||
| Q2 25 | 38.5% | 33.4% | ||
| Q1 25 | 45.7% | 32.4% | ||
| Q4 24 | 44.2% | -4.4% | ||
| Q3 24 | 45.6% | 21.2% | ||
| Q2 24 | 51.8% | 27.6% | ||
| Q1 24 | 46.9% | -95.0% |
营业利润率CREXSTEM
| Q4 25 | 1.9% | -17.7% | ||
| Q3 25 | -68.9% | -33.6% | ||
| Q2 25 | -10.2% | -34.8% | ||
| Q1 25 | -7.4% | -65.0% | ||
| Q4 24 | -6.5% | -84.4% | ||
| Q3 24 | 7.9% | -493.2% | ||
| Q2 24 | 4.5% | -1705.5% | ||
| Q1 24 | -0.6% | -267.0% |
净利率CREXSTEM
| Q4 25 | -8.2% | -33.9% | ||
| Q3 25 | -74.5% | -62.2% | ||
| Q2 25 | -13.9% | 527.8% | ||
| Q1 25 | 34.6% | -76.9% | ||
| Q4 24 | -25.8% | -91.6% | ||
| Q3 24 | 0.4% | -506.3% | ||
| Q2 24 | -4.7% | -1712.6% | ||
| Q1 24 | -0.9% | -283.9% |
每股收益（稀释后）CREXSTEM
| Q4 25 | — | $-4.40 | ||
| Q3 25 | $-0.75 | $-2.84 | ||
| Q2 25 | $-0.17 | $-1.79 | ||
| Q1 25 | $0.32 | $-0.15 | ||
| Q4 24 | $-0.28 | $-15.29 | ||
| Q3 24 | $0.01 | $-18.24 | ||
| Q2 24 | $-0.06 | $-71.81 | ||
| Q1 24 | $-0.01 | $-0.46 |
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 | $1.6M | $48.9M |
| 总债务越低越好 | $44.0M | — |
| 股东权益账面价值 | $21.5M | $-249.4M |
| 总资产 | $151.0M | $308.9M |
| 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CREXSTEM
| Q4 25 | $1.6M | $48.9M | ||
| Q3 25 | $314.0K | $43.1M | ||
| Q2 25 | $569.0K | $40.8M | ||
| Q1 25 | $1.1M | $58.6M | ||
| Q4 24 | $1.0M | $56.3M | ||
| Q3 24 | $868.0K | $75.4M | ||
| Q2 24 | $4.1M | $89.6M | ||
| Q1 24 | $2.9M | $112.8M |
总债务CREXSTEM
| 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CREXSTEM
| Q4 25 | $21.5M | $-249.4M | ||
| Q3 25 | $21.9M | $-235.7M | ||
| Q2 25 | $29.4M | $-214.1M | ||
| Q1 25 | $29.9M | $-417.5M | ||
| Q4 24 | $25.5M | $-398.4M | ||
| Q3 24 | $28.3M | $-344.1M | ||
| Q2 24 | $28.2M | $-203.2M | ||
| Q1 24 | $28.8M | $371.6M |
总资产CREXSTEM
| Q4 25 | $151.0M | $308.9M | ||
| Q3 25 | $61.3M | $362.6M | ||
| Q2 25 | $63.7M | $379.2M | ||
| Q1 25 | $67.0M | $405.1M | ||
| Q4 24 | $65.2M | $437.4M | ||
| Q3 24 | $67.6M | $537.8M | ||
| Q2 24 | $69.6M | $691.5M | ||
| Q1 24 | $68.2M | $1.3B |
负债/权益比CREXSTEM
| 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 | $-4.5M | $8.2M |
| 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CREXSTEM
| Q4 25 | $-4.5M | $8.2M | ||
| Q3 25 | $-1.6M | $11.4M | ||
| Q2 25 | $773.0K | $-21.3M | ||
| Q1 25 | $-2.4M | $8.5M | ||
| Q4 24 | $-1.4M | $-14.7M | ||
| Q3 24 | $544.0K | $-9.4M | ||
| Q2 24 | $2.3M | $-11.9M | ||
| Q1 24 | $1.9M | $-621.0K |
自由现金流CREXSTEM
| Q4 25 | $-4.6M | — | ||
| Q3 25 | $-1.7M | — | ||
| Q2 25 | $672.0K | — | ||
| Q1 25 | $-2.5M | — | ||
| Q4 24 | $-1.4M | — | ||
| Q3 24 | $543.0K | — | ||
| Q2 24 | $2.3M | — | ||
| Q1 24 | $1.9M | — |
自由现金流率CREXSTEM
| Q4 25 | -19.1% | — | ||
| Q3 25 | -16.2% | — | ||
| Q2 25 | 5.2% | — | ||
| Q1 25 | -25.2% | — | ||
| Q4 24 | -12.5% | — | ||
| Q3 24 | 3.8% | — | ||
| Q2 24 | 17.3% | — | ||
| Q1 24 | 15.7% | — |
资本支出强度CREXSTEM
| Q4 25 | 0.4% | — | ||
| Q3 25 | 1.0% | — | ||
| Q2 25 | 0.8% | — | ||
| Q1 25 | 0.1% | — | ||
| Q4 24 | 0.0% | — | ||
| Q3 24 | 0.0% | — | ||
| Q2 24 | 0.0% | — | ||
| Q1 24 | 0.0% | — |
现金转化率CREXSTEM
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | -0.11× | ||
| 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
CREX
| Service And Other | $17.3M | 72% |
| Managed Services | $4.7M | 20% |
| Installation Services | $1.7M | 7% |
STEM
暂无分部数据
