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Digimarc CORP（DMRC）与SS Innovations International, Inc.（SSII）财务数据对比。点击上方公司名可切换其他公司
SS Innovations International, Inc.的季度营收约是Digimarc CORP的1.6倍（$14.5M vs $8.9M），SS Innovations International, Inc.净利率更高（-17.0% vs -47.2%，领先30.2%），SS Innovations International, Inc.同比增速更快（79.1% vs 2.9%），Digimarc CORP自由现金流更多（$895.0K vs $-3.2M），过去两年SS Innovations International, Inc.的营收复合增速更高（99.9% 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。
SS Innovations International, Inc.是一家全球化医疗科技企业，专注于研发、生产创新型外科手术机器人系统，为多地区医疗机构提供高精度、易获取的微创手术机器人平台，致力于提升手术效果、减轻手术操作负担。
DMRC vs SSII — 直观对比
营收规模更大
SSII
是对方的1.6倍
$8.9M
营收增速更快
SSII
高出76.2%
2.9%
净利率更高
SSII
高出30.2%
-47.2%
自由现金流更多
DMRC
多$4.1M
$-3.2M
两年增速更快
SSII
近两年复合增速
-5.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $8.9M | $14.5M |
| 净利润 | $-4.2M | $-2.5M |
| 毛利率 | 63.5% | 43.9% |
| 营业利润率 | -48.2% | -3.7% |
| 净利率 | -47.2% | -17.0% |
| 营收同比 | 2.9% | 79.1% |
| 净利润同比 | 51.4% | -28.5% |
| 每股收益（稀释后） | $-0.18 | $-0.01 |
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DMRCSSII
| Q4 25 | $8.9M | $14.5M | ||
| Q3 25 | $7.6M | $12.8M | ||
| Q2 25 | $8.0M | $10.0M | ||
| Q1 25 | $9.4M | $5.1M | ||
| Q4 24 | $8.7M | $8.1M | ||
| Q3 24 | $9.4M | $4.4M | ||
| Q2 24 | $10.4M | $4.5M | ||
| Q1 24 | $9.9M | $3.6M |
净利润DMRCSSII
| Q4 25 | $-4.2M | $-2.5M | ||
| Q3 25 | $-8.2M | $-3.7M | ||
| Q2 25 | $-8.2M | $-256.7K | ||
| Q1 25 | $-11.7M | $-5.7M | ||
| Q4 24 | $-8.6M | $-1.9M | ||
| Q3 24 | $-10.8M | $-3.2M | ||
| Q2 24 | $-9.3M | $-4.1M | ||
| Q1 24 | $-10.3M | $-9.8M |
毛利率DMRCSSII
| Q4 25 | 63.5% | 43.9% | ||
| Q3 25 | 58.3% | 48.1% | ||
| Q2 25 | 58.8% | 59.1% | ||
| Q1 25 | 65.0% | 21.2% | ||
| Q4 24 | 60.8% | 48.9% | ||
| Q3 24 | 62.4% | 52.8% | ||
| Q2 24 | 66.1% | 31.9% | ||
| Q1 24 | 62.5% | 20.0% |
营业利润率DMRCSSII
| Q4 25 | -48.2% | -3.7% | ||
| Q3 25 | -109.7% | -14.3% | ||
| Q2 25 | -105.2% | 1.0% | ||
| Q1 25 | -128.9% | -115.6% | ||
| Q4 24 | -105.1% | -22.7% | ||
| Q3 24 | -120.4% | -73.1% | ||
| Q2 24 | -96.2% | -90.9% | ||
| Q1 24 | -109.2% | -270.3% |
净利率DMRCSSII
| Q4 25 | -47.2% | -17.0% | ||
| Q3 25 | -106.9% | -29.0% | ||
| Q2 25 | -102.6% | -2.6% | ||
| Q1 25 | -125.2% | -111.0% | ||
| Q4 24 | -99.9% | -23.7% | ||
| Q3 24 | -113.9% | -74.0% | ||
| Q2 24 | -89.3% | -91.8% | ||
| Q1 24 | -104.0% | -270.5% |
每股收益（稀释后）DMRCSSII
| Q4 25 | $-0.18 | $-0.01 | ||
| Q3 25 | $-0.38 | $-0.02 | ||
| Q2 25 | $-0.38 | $0.00 | ||
| Q1 25 | $-0.55 | $-0.03 | ||
| Q4 24 | $-0.40 | $-0.01 | ||
| Q3 24 | $-0.50 | $-0.02 | ||
| Q2 24 | $-0.43 | $-0.02 | ||
| Q1 24 | $-0.50 | $-0.06 |
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 | $3.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $40.2M | $38.2M |
| 总资产 | $53.0M | $74.2M |
| 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DMRCSSII
| Q4 25 | $12.9M | $3.2M | ||
| Q3 25 | $12.6M | $5.7M | ||
| Q2 25 | $16.1M | $11.4M | ||
| Q1 25 | $21.6M | $15.9M | ||
| Q4 24 | $28.7M | $466.5K | ||
| Q3 24 | $33.7M | $220.4K | ||
| Q2 24 | $41.5M | $608.2K | ||
| Q1 24 | $48.9M | $948.1K |
股东权益DMRCSSII
| Q4 25 | $40.2M | $38.2M | ||
| Q3 25 | $41.4M | $39.6M | ||
| Q2 25 | $46.5M | $42.0M | ||
| Q1 25 | $50.0M | $40.6M | ||
| Q4 24 | $61.4M | $13.5M | ||
| Q3 24 | $70.2M | $13.7M | ||
| Q2 24 | $77.2M | $14.8M | ||
| Q1 24 | $84.5M | $16.7M |
总资产DMRCSSII
| Q4 25 | $53.0M | $74.2M | ||
| Q3 25 | $55.4M | $69.6M | ||
| Q2 25 | $60.7M | $70.0M | ||
| Q1 25 | $66.5M | $63.5M | ||
| Q4 24 | $75.8M | $42.4M | ||
| Q3 24 | $85.0M | $39.0M | ||
| Q2 24 | $93.4M | $35.7M | ||
| Q1 24 | $99.7M | $35.2M |
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 | $-1.5M |
| 自由现金流经营现金流 - 资本支出 | $895.0K | $-3.2M |
| 自由现金流率自由现金流/营收 | 10.0% | -22.3% |
| 资本支出强度资本支出/营收 | 1.1% | 11.8% |
| 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 | $-22.2M |
8季度趋势，按日历期对齐
经营现金流DMRCSSII
| Q4 25 | $991.0K | $-1.5M | ||
| Q3 25 | $-2.6M | $-7.5M | ||
| Q2 25 | $-4.7M | $-3.5M | ||
| Q1 25 | $-5.5M | $-6.1M | ||
| Q4 24 | $-4.2M | $-3.3M | ||
| Q3 24 | $-7.1M | $-2.5M | ||
| Q2 24 | $-6.8M | $-1.0M | ||
| Q1 24 | $-8.4M | $-2.7M |
自由现金流DMRCSSII
| Q4 25 | $895.0K | $-3.2M | ||
| Q3 25 | $-2.8M | $-8.2M | ||
| Q2 25 | $-4.9M | $-3.8M | ||
| Q1 25 | $-5.5M | $-7.0M | ||
| Q4 24 | $-4.2M | $-3.4M | ||
| Q3 24 | $-7.2M | $-4.2M | ||
| Q2 24 | $-6.9M | $-3.1M | ||
| Q1 24 | $-8.5M | $-2.8M |
自由现金流率DMRCSSII
| Q4 25 | 10.0% | -22.3% | ||
| Q3 25 | -36.9% | -64.1% | ||
| Q2 25 | -61.0% | -37.7% | ||
| Q1 25 | -59.1% | -136.2% | ||
| Q4 24 | -49.1% | -41.7% | ||
| Q3 24 | -75.7% | -96.9% | ||
| Q2 24 | -66.1% | -69.5% | ||
| Q1 24 | -85.8% | -76.9% |
资本支出强度DMRCSSII
| Q4 25 | 1.1% | 11.8% | ||
| Q3 25 | 2.9% | 5.9% | ||
| Q2 25 | 2.5% | 3.2% | ||
| Q1 25 | 0.6% | 17.0% | ||
| Q4 24 | 0.2% | 1.5% | ||
| Q3 24 | 0.7% | 38.8% | ||
| Q2 24 | 0.3% | 46.8% | ||
| Q1 24 | 1.1% | 3.5% |
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% |
SSII
| System Sales | $13.4M | 92% |
| Other | $1.2M | 8% |
