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Digimarc CORP（DMRC）与PERMA FIX ENVIRONMENTAL SERVICES INC（PESI）财务数据对比。点击上方公司名可切换其他公司
PERMA FIX ENVIRONMENTAL SERVICES INC的季度营收约是Digimarc CORP的1.8倍（$15.7M vs $8.9M），PERMA FIX ENVIRONMENTAL SERVICES INC净利率更高（-36.0% vs -47.2%，领先11.2%），PERMA FIX ENVIRONMENTAL SERVICES INC同比增速更快（6.9% vs 2.9%），Digimarc CORP自由现金流更多（$895.0K vs $-4.2M），过去两年PERMA FIX ENVIRONMENTAL SERVICES INC的营收复合增速更高（7.4% 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。
Perma-Fix环境服务公司是专业环境管理服务商，主打危险废物、放射性废物及混合废弃物的处理、加工与处置服务，客户覆盖美国联邦政府机构、核设施运营商及能源、制造、国防领域的工业客户。
DMRC vs PESI — 直观对比
营收规模更大
PESI
是对方的1.8倍
$8.9M
营收增速更快
PESI
高出4.0%
2.9%
净利率更高
PESI
高出11.2%
-47.2%
自由现金流更多
DMRC
多$5.1M
$-4.2M
两年增速更快
PESI
近两年复合增速
-5.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $8.9M | $15.7M |
| 净利润 | $-4.2M | $-5.7M |
| 毛利率 | 63.5% | 7.7% |
| 营业利润率 | -48.2% | -20.6% |
| 净利率 | -47.2% | -36.0% |
| 营收同比 | 2.9% | 6.9% |
| 净利润同比 | 51.4% | -62.2% |
| 每股收益（稀释后） | $-0.18 | $-0.31 |
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DMRCPESI
| Q4 25 | $8.9M | $15.7M | ||
| Q3 25 | $7.6M | $17.5M | ||
| Q2 25 | $8.0M | $14.6M | ||
| Q1 25 | $9.4M | $13.9M | ||
| Q4 24 | $8.7M | $14.7M | ||
| Q3 24 | $9.4M | $16.8M | ||
| Q2 24 | $10.4M | $14.0M | ||
| Q1 24 | $9.9M | $13.6M |
净利润DMRCPESI
| Q4 25 | $-4.2M | $-5.7M | ||
| Q3 25 | $-8.2M | $-1.8M | ||
| Q2 25 | $-8.2M | $-2.7M | ||
| Q1 25 | $-11.7M | $-3.6M | ||
| Q4 24 | $-8.6M | $-3.5M | ||
| Q3 24 | $-10.8M | $-9.0M | ||
| Q2 24 | $-9.3M | $-4.0M | ||
| Q1 24 | $-10.3M | $-3.6M |
毛利率DMRCPESI
| Q4 25 | 63.5% | 7.7% | ||
| Q3 25 | 58.3% | 14.6% | ||
| Q2 25 | 58.8% | 10.6% | ||
| Q1 25 | 65.0% | 4.7% | ||
| Q4 24 | 60.8% | 4.0% | ||
| Q3 24 | 62.4% | 7.9% | ||
| Q2 24 | 66.1% | -9.3% | ||
| Q1 24 | 62.5% | -4.6% |
营业利润率DMRCPESI
| Q4 25 | -48.2% | -20.6% | ||
| Q3 25 | -109.7% | -10.7% | ||
| Q2 25 | -105.2% | -19.8% | ||
| Q1 25 | -128.9% | -26.8% | ||
| Q4 24 | -105.1% | -24.4% | ||
| Q3 24 | -120.4% | -15.5% | ||
| Q2 24 | -96.2% | -36.0% | ||
| Q1 24 | -109.2% | -32.8% |
净利率DMRCPESI
| Q4 25 | -47.2% | -36.0% | ||
| Q3 25 | -106.9% | -10.5% | ||
| Q2 25 | -102.6% | -18.6% | ||
| Q1 25 | -125.2% | -25.7% | ||
| Q4 24 | -99.9% | -23.7% | ||
| Q3 24 | -113.9% | -53.4% | ||
| Q2 24 | -89.3% | -28.2% | ||
| Q1 24 | -104.0% | -26.1% |
每股收益（稀释后）DMRCPESI
| Q4 25 | $-0.18 | $-0.31 | ||
| Q3 25 | $-0.38 | $-0.10 | ||
| Q2 25 | $-0.38 | $-0.15 | ||
| Q1 25 | $-0.55 | $-0.19 | ||
| Q4 24 | $-0.40 | $-0.23 | ||
| Q3 24 | $-0.50 | $-0.57 | ||
| Q2 24 | $-0.43 | $-0.27 | ||
| Q1 24 | $-0.50 | $-0.26 |
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 | — | $1.9M |
| 股东权益账面价值 | $40.2M | $50.1M |
| 总资产 | $53.0M | $88.0M |
| 负债/权益比越低杠杆越低 | — | 0.04× |
8季度趋势，按日历期对齐
现金及短期投资DMRCPESI
| 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 | — |
总债务DMRCPESI
| Q4 25 | — | $1.9M | ||
| Q3 25 | — | $1.9M | ||
| Q2 25 | — | $2.0M | ||
| Q1 25 | — | $2.2M | ||
| Q4 24 | — | $2.3M | ||
| Q3 24 | — | $2.5M | ||
| Q2 24 | — | $2.2M | ||
| Q1 24 | — | $2.5M |
股东权益DMRCPESI
| Q4 25 | $40.2M | $50.1M | ||
| Q3 25 | $41.4M | $55.4M | ||
| Q2 25 | $46.5M | $56.8M | ||
| Q1 25 | $50.0M | $59.2M | ||
| Q4 24 | $61.4M | $62.4M | ||
| Q3 24 | $70.2M | $42.4M | ||
| Q2 24 | $77.2M | $51.0M | ||
| Q1 24 | $84.5M | $36.2M |
总资产DMRCPESI
| Q4 25 | $53.0M | $88.0M | ||
| Q3 25 | $55.4M | $91.2M | ||
| Q2 25 | $60.7M | $90.2M | ||
| Q1 25 | $66.5M | $92.9M | ||
| Q4 24 | $75.8M | $97.2M | ||
| Q3 24 | $85.0M | $78.2M | ||
| Q2 24 | $93.4M | $87.0M | ||
| Q1 24 | $99.7M | $74.0M |
负债/权益比DMRCPESI
| Q4 25 | — | 0.04× | ||
| Q3 25 | — | 0.03× | ||
| Q2 25 | — | 0.04× | ||
| Q1 25 | — | 0.04× | ||
| Q4 24 | — | 0.04× | ||
| Q3 24 | — | 0.06× | ||
| Q2 24 | — | 0.04× | ||
| Q1 24 | — | 0.07× |
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 | $-2.1M |
| 自由现金流经营现金流 - 资本支出 | $895.0K | $-4.2M |
| 自由现金流率自由现金流/营收 | 10.0% | -26.9% |
| 资本支出强度资本支出/营收 | 1.1% | 13.4% |
| 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 | $-12.3M | $-15.5M |
8季度趋势，按日历期对齐
经营现金流DMRCPESI
| Q4 25 | $991.0K | $-2.1M | ||
| Q3 25 | $-2.6M | $-4.6M | ||
| Q2 25 | $-4.7M | $-1.9M | ||
| Q1 25 | $-5.5M | $-2.1M | ||
| Q4 24 | $-4.2M | $-3.3M | ||
| Q3 24 | $-7.1M | $-5.6M | ||
| Q2 24 | $-6.8M | $-1.3M | ||
| Q1 24 | $-8.4M | $-4.5M |
自由现金流DMRCPESI
| Q4 25 | $895.0K | $-4.2M | ||
| Q3 25 | $-2.8M | $-5.8M | ||
| Q2 25 | $-4.9M | $-2.8M | ||
| Q1 25 | $-5.5M | $-2.6M | ||
| Q4 24 | $-4.2M | $-4.5M | ||
| Q3 24 | $-7.2M | $-7.0M | ||
| Q2 24 | $-6.9M | $-1.9M | ||
| Q1 24 | $-8.5M | $-4.8M |
自由现金流率DMRCPESI
| Q4 25 | 10.0% | -26.9% | ||
| Q3 25 | -36.9% | -33.3% | ||
| Q2 25 | -61.0% | -19.2% | ||
| Q1 25 | -59.1% | -18.9% | ||
| Q4 24 | -49.1% | -30.5% | ||
| Q3 24 | -75.7% | -41.7% | ||
| Q2 24 | -66.1% | -13.5% | ||
| Q1 24 | -85.8% | -35.0% |
资本支出强度DMRCPESI
| Q4 25 | 1.1% | 13.4% | ||
| Q3 25 | 2.9% | 6.7% | ||
| Q2 25 | 2.5% | 6.2% | ||
| Q1 25 | 0.6% | 3.8% | ||
| Q4 24 | 0.2% | 8.0% | ||
| Q3 24 | 0.7% | 8.2% | ||
| Q2 24 | 0.3% | 4.3% | ||
| Q1 24 | 1.1% | 1.8% |
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% |
PESI
| Fixed Price | $11.4M | 73% |
| Services | $4.3M | 27% |
