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Digimarc CORP（DMRC）与Stabilis Solutions, Inc.（SLNG）财务数据对比。点击上方公司名可切换其他公司
Stabilis Solutions, Inc.的季度营收约是Digimarc CORP的1.5倍（$13.3M vs $8.9M），Stabilis Solutions, Inc.净利率更高（-2.0% vs -47.2%，领先45.3%），Digimarc CORP同比增速更快（2.9% vs -23.3%），Digimarc CORP自由现金流更多（$895.0K vs $-2.5M），过去两年Digimarc CORP的营收复合增速更高（-5.3% vs -18.1%）
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。
Stabilis Solutions是北美领先的小型液化天然气（LNG）生产及分销企业，为美国、加拿大的工业、远程供电、交通运输及商业客户提供LNG燃料、低温服务和全周期能源解决方案，助力低排放能源转型推进。
DMRC vs SLNG — 直观对比
营收规模更大
SLNG
是对方的1.5倍
$8.9M
营收增速更快
DMRC
高出26.2%
-23.3%
净利率更高
SLNG
高出45.3%
-47.2%
自由现金流更多
DMRC
多$3.4M
$-2.5M
两年增速更快
DMRC
近两年复合增速
-18.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $8.9M | $13.3M |
| 净利润 | $-4.2M | $-262.0K |
| 毛利率 | 63.5% | 24.7% |
| 营业利润率 | -48.2% | -2.4% |
| 净利率 | -47.2% | -2.0% |
| 营收同比 | 2.9% | -23.3% |
| 净利润同比 | 51.4% | -112.4% |
| 每股收益（稀释后） | $-0.18 | — |
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DMRCSLNG
| Q4 25 | $8.9M | $13.3M | ||
| Q3 25 | $7.6M | $20.3M | ||
| Q2 25 | $8.0M | $17.3M | ||
| Q1 25 | $9.4M | $17.3M | ||
| Q4 24 | $8.7M | $17.3M | ||
| Q3 24 | $9.4M | $17.6M | ||
| Q2 24 | $10.4M | $18.6M | ||
| Q1 24 | $9.9M | $19.8M |
净利润DMRCSLNG
| Q4 25 | $-4.2M | $-262.0K | ||
| Q3 25 | $-8.2M | $1.1M | ||
| Q2 25 | $-8.2M | $-613.0K | ||
| Q1 25 | $-11.7M | $-1.6M | ||
| Q4 24 | $-8.6M | $2.1M | ||
| Q3 24 | $-10.8M | $997.0K | ||
| Q2 24 | $-9.3M | $27.0K | ||
| Q1 24 | $-10.3M | $1.5M |
毛利率DMRCSLNG
| Q4 25 | 63.5% | 24.7% | ||
| Q3 25 | 58.3% | 27.6% | ||
| Q2 25 | 58.8% | 26.5% | ||
| Q1 25 | 65.0% | 26.2% | ||
| Q4 24 | 60.8% | 28.5% | ||
| Q3 24 | 62.4% | 28.3% | ||
| Q2 24 | 66.1% | 27.1% | ||
| Q1 24 | 62.5% | 31.6% |
营业利润率DMRCSLNG
| Q4 25 | -48.2% | -2.4% | ||
| Q3 25 | -109.7% | 5.5% | ||
| Q2 25 | -105.2% | -2.4% | ||
| Q1 25 | -128.9% | -9.7% | ||
| Q4 24 | -105.1% | 12.8% | ||
| Q3 24 | -120.4% | 5.0% | ||
| Q2 24 | -96.2% | 2.4% | ||
| Q1 24 | -109.2% | 7.8% |
净利率DMRCSLNG
| Q4 25 | -47.2% | -2.0% | ||
| Q3 25 | -106.9% | 5.5% | ||
| Q2 25 | -102.6% | -3.5% | ||
| Q1 25 | -125.2% | -9.2% | ||
| Q4 24 | -99.9% | 12.2% | ||
| Q3 24 | -113.9% | 5.7% | ||
| Q2 24 | -89.3% | 0.1% | ||
| Q1 24 | -104.0% | 7.4% |
每股收益（稀释后）DMRCSLNG
| Q4 25 | $-0.18 | — | ||
| Q3 25 | $-0.38 | $0.06 | ||
| Q2 25 | $-0.38 | $-0.03 | ||
| Q1 25 | $-0.55 | $-0.09 | ||
| Q4 24 | $-0.40 | $0.12 | ||
| Q3 24 | $-0.50 | $0.05 | ||
| Q2 24 | $-0.43 | $0.00 | ||
| Q1 24 | $-0.50 | $0.08 |
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 | $7.5M |
| 总债务越低越好 | — | $7.9M |
| 股东权益账面价值 | $40.2M | $66.7M |
| 总资产 | $53.0M | $83.1M |
| 负债/权益比越低杠杆越低 | — | 0.12× |
8季度趋势，按日历期对齐
现金及短期投资DMRCSLNG
| Q4 25 | $12.9M | $7.5M | ||
| Q3 25 | $12.6M | $10.3M | ||
| Q2 25 | $16.1M | $12.2M | ||
| Q1 25 | $21.6M | $9.0M | ||
| Q4 24 | $28.7M | $9.0M | ||
| Q3 24 | $33.7M | $12.4M | ||
| Q2 24 | $41.5M | $11.5M | ||
| Q1 24 | $48.9M | $8.3M |
总债务DMRCSLNG
| Q4 25 | — | $7.9M | ||
| Q3 25 | — | $8.3M | ||
| Q2 25 | — | $7.6M | ||
| Q1 25 | — | $8.3M | ||
| Q4 24 | — | $8.9M | ||
| Q3 24 | — | $9.3M | ||
| Q2 24 | — | $8.6M | ||
| Q1 24 | — | $9.1M |
股东权益DMRCSLNG
| Q4 25 | $40.2M | $66.7M | ||
| Q3 25 | $41.4M | $66.7M | ||
| Q2 25 | $46.5M | $65.5M | ||
| Q1 25 | $50.0M | $65.9M | ||
| Q4 24 | $61.4M | $67.0M | ||
| Q3 24 | $70.2M | $65.4M | ||
| Q2 24 | $77.2M | $63.7M | ||
| Q1 24 | $84.5M | $63.2M |
总资产DMRCSLNG
| Q4 25 | $53.0M | $83.1M | ||
| Q3 25 | $55.4M | $87.1M | ||
| Q2 25 | $60.7M | $83.2M | ||
| Q1 25 | $66.5M | $83.1M | ||
| Q4 24 | $75.8M | $85.6M | ||
| Q3 24 | $85.0M | $89.3M | ||
| Q2 24 | $93.4M | $82.6M | ||
| Q1 24 | $99.7M | $80.6M |
负债/权益比DMRCSLNG
| Q4 25 | — | 0.12× | ||
| Q3 25 | — | 0.12× | ||
| Q2 25 | — | 0.12× | ||
| Q1 25 | — | 0.13× | ||
| Q4 24 | — | 0.13× | ||
| Q3 24 | — | 0.14× | ||
| Q2 24 | — | 0.13× | ||
| Q1 24 | — | 0.14× |
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 | $669.0K |
| 自由现金流经营现金流 - 资本支出 | $895.0K | $-2.5M |
| 自由现金流率自由现金流/营收 | 10.0% | -18.6% |
| 资本支出强度资本支出/营收 | 1.1% | 23.7% |
| 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 | $462.0K |
8季度趋势，按日历期对齐
经营现金流DMRCSLNG
| Q4 25 | $991.0K | $669.0K | ||
| Q3 25 | $-2.6M | $2.4M | ||
| Q2 25 | $-4.7M | $4.5M | ||
| Q1 25 | $-5.5M | $1.0M | ||
| Q4 24 | $-4.2M | $2.2M | ||
| Q3 24 | $-7.1M | $2.6M | ||
| Q2 24 | $-6.8M | $5.0M | ||
| Q1 24 | $-8.4M | $3.9M |
自由现金流DMRCSLNG
| Q4 25 | $895.0K | $-2.5M | ||
| Q3 25 | $-2.8M | $-1.5M | ||
| Q2 25 | $-4.9M | $3.9M | ||
| Q1 25 | $-5.5M | $538.0K | ||
| Q4 24 | $-4.2M | $-3.4M | ||
| Q3 24 | $-7.2M | $1.2M | ||
| Q2 24 | $-6.9M | $3.7M | ||
| Q1 24 | $-8.5M | $3.1M |
自由现金流率DMRCSLNG
| Q4 25 | 10.0% | -18.6% | ||
| Q3 25 | -36.9% | -7.3% | ||
| Q2 25 | -61.0% | 22.4% | ||
| Q1 25 | -59.1% | 3.1% | ||
| Q4 24 | -49.1% | -19.7% | ||
| Q3 24 | -75.7% | 7.1% | ||
| Q2 24 | -66.1% | 19.7% | ||
| Q1 24 | -85.8% | 15.5% |
资本支出强度DMRCSLNG
| Q4 25 | 1.1% | 23.7% | ||
| Q3 25 | 2.9% | 19.1% | ||
| Q2 25 | 2.5% | 3.7% | ||
| Q1 25 | 0.6% | 2.8% | ||
| Q4 24 | 0.2% | 32.3% | ||
| Q3 24 | 0.7% | 7.4% | ||
| Q2 24 | 0.3% | 7.4% | ||
| Q1 24 | 1.1% | 4.4% |
现金转化率DMRCSLNG
| Q4 25 | — | — | ||
| Q3 25 | — | 2.14× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.03× | ||
| Q3 24 | — | 2.56× | ||
| Q2 24 | — | 186.59× | ||
| Q1 24 | — | 2.67× |
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% |
SLNG
| Natural Gas Gathering Transportation Marketing And Processing | $11.1M | 84% |
| Other | $1.3M | 10% |
| Services | $897.0K | 7% |
