vs
Digimarc CORP（DMRC）与爱利金融（EFSI）财务数据对比。点击上方公司名可切换其他公司
爱利金融的季度营收约是Digimarc CORP的1.8倍（$16.4M vs $8.9M），爱利金融同比增速更快（21.3% vs 2.9%），爱利金融自由现金流更多（$24.3M vs $895.0K），过去两年爱利金融的营收复合增速更高（1.5% vs -5.3%）
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。
爱利金融公司是一家注册于特拉华州的美国银行控股公司，总部位于密歇根州底特律市的爱利底特律中心。该公司提供多种金融服务，涵盖汽车金融、直营银行线上银行服务、企业贷款、车辆保险、按揭贷款，以及分期销售、租赁协议等相关融资服务。
DMRC vs EFSI — 直观对比
营收规模更大
EFSI
是对方的1.8倍
$8.9M
营收增速更快
EFSI
高出18.5%
2.9%
自由现金流更多
EFSI
多$23.5M
$895.0K
两年增速更快
EFSI
近两年复合增速
-5.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $8.9M | $16.4M |
| 净利润 | $-4.2M | — |
| 毛利率 | 63.5% | — |
| 营业利润率 | -48.2% | 33.6% |
| 净利率 | -47.2% | — |
| 营收同比 | 2.9% | 21.3% |
| 净利润同比 | 51.4% | — |
| 每股收益（稀释后） | $-0.18 | $1.10 |
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DMRCEFSI
| Q4 25 | $8.9M | $16.4M | ||
| Q3 25 | $7.6M | $22.4M | ||
| Q2 25 | $8.0M | $20.6M | ||
| Q1 25 | $9.4M | $4.8M | ||
| Q4 24 | $8.7M | $22.0M | ||
| Q3 24 | $9.4M | $18.4M | ||
| Q2 24 | $10.4M | $16.5M | ||
| Q1 24 | $9.9M | $15.9M |
净利润DMRCEFSI
| Q4 25 | $-4.2M | — | ||
| Q3 25 | $-8.2M | $5.6M | ||
| Q2 25 | $-8.2M | $5.3M | ||
| Q1 25 | $-11.7M | $-7.0M | ||
| Q4 24 | $-8.6M | — | ||
| Q3 24 | $-10.8M | $3.4M | ||
| Q2 24 | $-9.3M | $3.2M | ||
| Q1 24 | $-10.3M | $2.5M |
毛利率DMRCEFSI
| Q4 25 | 63.5% | — | ||
| Q3 25 | 58.3% | — | ||
| Q2 25 | 58.8% | — | ||
| Q1 25 | 65.0% | — | ||
| Q4 24 | 60.8% | — | ||
| Q3 24 | 62.4% | — | ||
| Q2 24 | 66.1% | — | ||
| Q1 24 | 62.5% | — |
营业利润率DMRCEFSI
| Q4 25 | -48.2% | 33.6% | ||
| Q3 25 | -109.7% | 30.9% | ||
| Q2 25 | -105.2% | 31.8% | ||
| Q1 25 | -128.9% | -189.0% | ||
| Q4 24 | -105.1% | 36.8% | ||
| Q3 24 | -120.4% | 21.6% | ||
| Q2 24 | -96.2% | 22.9% | ||
| Q1 24 | -109.2% | 19.1% |
净利率DMRCEFSI
| Q4 25 | -47.2% | — | ||
| Q3 25 | -106.9% | 25.0% | ||
| Q2 25 | -102.6% | 25.6% | ||
| Q1 25 | -125.2% | -145.8% | ||
| Q4 24 | -99.9% | — | ||
| Q3 24 | -113.9% | 18.6% | ||
| Q2 24 | -89.3% | 19.3% | ||
| Q1 24 | -104.0% | 16.0% |
每股收益（稀释后）DMRCEFSI
| Q4 25 | $-0.18 | $1.10 | ||
| Q3 25 | $-0.38 | $1.04 | ||
| Q2 25 | $-0.38 | $0.98 | ||
| Q1 25 | $-0.55 | $-1.53 | ||
| Q4 24 | $-0.40 | $1.74 | ||
| Q3 24 | $-0.50 | $0.97 | ||
| Q2 24 | $-0.43 | $0.89 | ||
| Q1 24 | $-0.50 | $0.72 |
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 | — | — |
| 股东权益账面价值 | $40.2M | $188.8M |
| 总资产 | $53.0M | $1.9B |
| 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DMRCEFSI
| 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 | $48.9M | — |
股东权益DMRCEFSI
| Q4 25 | $40.2M | $188.8M | ||
| Q3 25 | $41.4M | $185.6M | ||
| Q2 25 | $46.5M | $179.6M | ||
| Q1 25 | $50.0M | $176.5M | ||
| Q4 24 | $61.4M | $119.0M | ||
| Q3 24 | $70.2M | $117.8M | ||
| Q2 24 | $77.2M | $111.1M | ||
| Q1 24 | $84.5M | $107.7M |
总资产DMRCEFSI
| Q4 25 | $53.0M | $1.9B | ||
| Q3 25 | $55.4M | $1.9B | ||
| Q2 25 | $60.7M | $2.0B | ||
| Q1 25 | $66.5M | $1.9B | ||
| Q4 24 | $75.8M | $1.9B | ||
| Q3 24 | $85.0M | $1.9B | ||
| Q2 24 | $93.4M | $1.8B | ||
| Q1 24 | $99.7M | $1.8B |
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 | $991.0K | $25.8M |
| 自由现金流经营现金流 - 资本支出 | $895.0K | $24.3M |
| 自由现金流率自由现金流/营收 | 10.0% | 148.6% |
| 资本支出强度资本支出/营收 | 1.1% | 8.6% |
| 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 | $-12.3M | $39.7M |
8季度趋势，按日历期对齐
经营现金流DMRCEFSI
| Q4 25 | $991.0K | $25.8M | ||
| Q3 25 | $-2.6M | $8.2M | ||
| Q2 25 | $-4.7M | $2.6M | ||
| Q1 25 | $-5.5M | $5.8M | ||
| Q4 24 | $-4.2M | $18.8M | ||
| Q3 24 | $-7.1M | $7.5M | ||
| Q2 24 | $-6.8M | $-1.8M | ||
| Q1 24 | $-8.4M | $6.8M |
自由现金流DMRCEFSI
| Q4 25 | $895.0K | $24.3M | ||
| Q3 25 | $-2.8M | $7.8M | ||
| Q2 25 | $-4.9M | $2.3M | ||
| Q1 25 | $-5.5M | $5.3M | ||
| Q4 24 | $-4.2M | $17.7M | ||
| Q3 24 | $-7.2M | $7.3M | ||
| Q2 24 | $-6.9M | $-2.2M | ||
| Q1 24 | $-8.5M | $6.7M |
自由现金流率DMRCEFSI
| Q4 25 | 10.0% | 148.6% | ||
| Q3 25 | -36.9% | 35.0% | ||
| Q2 25 | -61.0% | 11.2% | ||
| Q1 25 | -59.1% | 110.1% | ||
| Q4 24 | -49.1% | 80.6% | ||
| Q3 24 | -75.7% | 39.6% | ||
| Q2 24 | -66.1% | -13.6% | ||
| Q1 24 | -85.8% | 41.9% |
资本支出强度DMRCEFSI
| Q4 25 | 1.1% | 8.6% | ||
| Q3 25 | 2.9% | 1.7% | ||
| Q2 25 | 2.5% | 1.3% | ||
| Q1 25 | 0.6% | 11.2% | ||
| Q4 24 | 0.2% | 4.6% | ||
| Q3 24 | 0.7% | 1.3% | ||
| Q2 24 | 0.3% | 2.6% | ||
| Q1 24 | 1.1% | 0.6% |
现金转化率DMRCEFSI
| Q4 25 | — | — | ||
| Q3 25 | — | 1.47× | ||
| Q2 25 | — | 0.49× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.19× | ||
| Q2 24 | — | -0.57× | ||
| Q1 24 | — | 2.65× |
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
DMRC
| Subscription | $5.3M | 60% |
| The Government | $3.6M | 41% |
EFSI
| Asset Management | $6.0M | 37% |
| Other | $3.8M | 23% |
| Interchange Fees | $3.5M | 22% |
| Overdrawn Account Fees | $1.6M | 10% |
| Brokerage Commissions | $1.4M | 9% |
