vs
Cronos Group Inc.（CRON）与Rumble Inc.（RUM）财务数据对比。点击上方公司名可切换其他公司
Cronos Group Inc.的季度营收约是Rumble Inc.的1.6倍（$44.5M vs $27.1M），Cronos Group Inc.净利率更高（-4.1% vs -120.8%，领先116.7%），Cronos Group Inc.同比增速更快（47.0% vs -10.5%），Cronos Group Inc.自由现金流更多（$9.7M vs $-31.7M），过去两年Cronos Group Inc.的营收复合增速更高（32.7% vs 15.2%）
Cronos集团是全球性大麻素企业，主营大麻种植、加工及相关衍生产品的分销业务，产品线覆盖健康补充剂、快消品及医用大麻品类，主要服务北美、欧洲、亚太地区的合规娱乐与医用消费市场，严格遵循各地监管要求保障产品品质。
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。
CRON vs RUM — 直观对比
营收规模更大
CRON
是对方的1.6倍
$27.1M
营收增速更快
CRON
高出57.4%
-10.5%
净利率更高
CRON
高出116.7%
-120.8%
自由现金流更多
CRON
多$41.4M
$-31.7M
两年增速更快
CRON
近两年复合增速
15.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $44.5M | $27.1M |
| 净利润 | $-1.8M | $-32.7M |
| 毛利率 | 36.4% | 5.5% |
| 营业利润率 | -16.8% | -131.1% |
| 净利率 | -4.1% | -120.8% |
| 营收同比 | 47.0% | -10.5% |
| 净利润同比 | -104.2% | 86.2% |
| 每股收益（稀释后） | $-0.01 | $-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CRONRUM
| Q4 25 | $44.5M | $27.1M | ||
| Q3 25 | $36.3M | $24.8M | ||
| Q2 25 | $33.5M | — | ||
| Q1 25 | $32.3M | $23.7M | ||
| Q4 24 | $30.3M | $30.2M | ||
| Q3 24 | $34.3M | $25.1M | ||
| Q2 24 | $27.8M | $22.5M | ||
| Q1 24 | $25.3M | $17.7M |
净利润CRONRUM
| Q4 25 | $-1.8M | $-32.7M | ||
| Q3 25 | $26.0M | $-16.3M | ||
| Q2 25 | $-39.7M | — | ||
| Q1 25 | $6.1M | $-2.7M | ||
| Q4 24 | $43.7M | $-236.8M | ||
| Q3 24 | $8.3M | $-31.5M | ||
| Q2 24 | $-8.8M | $-26.8M | ||
| Q1 24 | $-2.2M | $-43.3M |
毛利率CRONRUM
| Q4 25 | 36.4% | 5.5% | ||
| Q3 25 | 50.4% | -1.8% | ||
| Q2 25 | 43.4% | — | ||
| Q1 25 | 42.6% | -26.7% | ||
| Q4 24 | 35.7% | -14.2% | ||
| Q3 24 | 10.5% | -45.4% | ||
| Q2 24 | 22.7% | -58.8% | ||
| Q1 24 | 17.7% | -79.5% |
营业利润率CRONRUM
| Q4 25 | -16.8% | -131.1% | ||
| Q3 25 | -1.4% | -113.6% | ||
| Q2 25 | -15.9% | — | ||
| Q1 25 | -12.6% | -153.5% | ||
| Q4 24 | -37.5% | -80.1% | ||
| Q3 24 | -98.2% | -131.0% | ||
| Q2 24 | -56.1% | -172.7% | ||
| Q1 24 | -63.1% | -197.4% |
净利率CRONRUM
| Q4 25 | -4.1% | -120.8% | ||
| Q3 25 | 71.4% | -65.7% | ||
| Q2 25 | -118.7% | — | ||
| Q1 25 | 19.0% | -11.2% | ||
| Q4 24 | 144.3% | -783.2% | ||
| Q3 24 | 24.4% | -125.9% | ||
| Q2 24 | -31.5% | -119.2% | ||
| Q1 24 | -8.9% | -244.1% |
每股收益（稀释后）CRONRUM
| Q4 25 | $-0.01 | $-0.13 | ||
| Q3 25 | $0.07 | $-0.06 | ||
| Q2 25 | $-0.10 | — | ||
| Q1 25 | $0.02 | $-0.01 | ||
| Q4 24 | $0.12 | $-1.17 | ||
| Q3 24 | $0.02 | $-0.15 | ||
| Q2 24 | $-0.02 | $-0.13 | ||
| Q1 24 | $-0.01 | $-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 | $831.8M | $237.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.1B | $274.8M |
| 总资产 | $1.2B | $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CRONRUM
| Q4 25 | $831.8M | $237.9M | ||
| Q3 25 | $824.2M | $269.8M | ||
| Q2 25 | $834.4M | — | ||
| Q1 25 | $837.8M | $301.3M | ||
| Q4 24 | $858.8M | $114.0M | ||
| Q3 24 | $862.0M | $132.0M | ||
| Q2 24 | $848.2M | $154.2M | ||
| Q1 24 | $855.1M | $183.8M |
股东权益CRONRUM
| Q4 25 | $1.1B | $274.8M | ||
| Q3 25 | $1.1B | $302.2M | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | $1.1B | $339.6M | ||
| Q4 24 | $1.1B | $-63.1M | ||
| Q3 24 | $1.1B | $166.1M | ||
| Q2 24 | $1.1B | $192.7M | ||
| Q1 24 | $1.1B | $210.7M |
总资产CRONRUM
| Q4 25 | $1.2B | $336.8M | ||
| Q3 25 | $1.2B | $367.2M | ||
| Q2 25 | $1.2B | — | ||
| Q1 25 | $1.2B | $391.1M | ||
| Q4 24 | $1.2B | $195.3M | ||
| Q3 24 | $1.2B | $217.2M | ||
| Q2 24 | $1.1B | $243.2M | ||
| Q1 24 | $1.1B | $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 | $11.8M | $-29.4M |
| 自由现金流经营现金流 - 资本支出 | $9.7M | $-31.7M |
| 自由现金流率自由现金流/营收 | 21.8% | -117.2% |
| 资本支出强度资本支出/营收 | 4.8% | 8.5% |
| 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 | $149.0K | $-70.8M |
8季度趋势，按日历期对齐
经营现金流CRONRUM
| Q4 25 | $11.8M | $-29.4M | ||
| Q3 25 | $13.3M | $-10.6M | ||
| Q2 25 | $2.8M | — | ||
| Q1 25 | $-2.1M | $-14.5M | ||
| Q4 24 | $7.7M | $-12.4M | ||
| Q3 24 | $11.6M | $-19.1M | ||
| Q2 24 | $1.7M | $-21.7M | ||
| Q1 24 | $-2.2M | $-33.9M |
自由现金流CRONRUM
| Q4 25 | $9.7M | $-31.7M | ||
| Q3 25 | $8.8M | $-12.0M | ||
| Q2 25 | $-1.0M | — | ||
| Q1 25 | $-17.4M | $-14.6M | ||
| Q4 24 | $4.2M | $-12.4M | ||
| Q3 24 | $5.2M | $-19.9M | ||
| Q2 24 | $1.0M | $-23.1M | ||
| Q1 24 | $-3.9M | $-34.3M |
自由现金流率CRONRUM
| Q4 25 | 21.8% | -117.2% | ||
| Q3 25 | 24.3% | -48.6% | ||
| Q2 25 | -3.0% | — | ||
| Q1 25 | -53.8% | -61.7% | ||
| Q4 24 | 13.8% | -40.9% | ||
| Q3 24 | 15.1% | -79.5% | ||
| Q2 24 | 3.7% | -102.8% | ||
| Q1 24 | -15.5% | -193.3% |
资本支出强度CRONRUM
| Q4 25 | 4.8% | 8.5% | ||
| Q3 25 | 12.3% | 5.7% | ||
| Q2 25 | 11.5% | — | ||
| Q1 25 | 47.3% | 0.6% | ||
| Q4 24 | 11.7% | 0.1% | ||
| Q3 24 | 18.7% | 3.4% | ||
| Q2 24 | 2.6% | 6.1% | ||
| Q1 24 | 6.8% | 2.4% |
现金转化率CRONRUM
| Q4 25 | — | — | ||
| Q3 25 | 0.51× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -0.34× | — | ||
| Q4 24 | 0.18× | — | ||
| Q3 24 | 1.39× | — | ||
| 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
CRON
| Cannabis Flower | $33.7M | 76% |
| Cannabis Extracts | $10.8M | 24% |
RUM
| Audience Monetization | $23.8M | 88% |
| Other Initiatives | $3.3M | 12% |
