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Digimarc CORP（DMRC）与Kartoon Studios, Inc.（TOON）财务数据对比。点击上方公司名可切换其他公司
Kartoon Studios, Inc.的季度营收约是Digimarc CORP的1.1倍（$9.7M vs $8.9M），Digimarc CORP净利率更高（-47.2% vs -54.4%，领先7.2%），Digimarc CORP同比增速更快（2.9% vs 2.9%），Digimarc CORP自由现金流更多（$895.0K vs $346.0K），过去两年Kartoon Studios, Inc.的营收复合增速更高（26.3% 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。
Kartoon Studios是一家成立于2010年的娱乐公司，由安迪·海沃德执掌，最初由Genius Brands International与A Squared Entertainment合并组建，成立时曾用名为Genius Brands International。
DMRC vs TOON — 直观对比
营收规模更大
TOON
是对方的1.1倍
$8.9M
营收增速更快
DMRC
高出0.0%
2.9%
净利率更高
DMRC
高出7.2%
-54.4%
自由现金流更多
DMRC
多$549.0K
$346.0K
两年增速更快
TOON
近两年复合增速
-5.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $8.9M | $9.7M |
| 净利润 | $-4.2M | $-5.3M |
| 毛利率 | 63.5% | — |
| 营业利润率 | -48.2% | -38.4% |
| 净利率 | -47.2% | -54.4% |
| 营收同比 | 2.9% | 2.9% |
| 净利润同比 | 51.4% | 8.5% |
| 每股收益（稀释后） | $-0.18 | $-0.08 |
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DMRCTOON
| Q4 25 | $8.9M | $9.7M | ||
| Q3 25 | $7.6M | $9.9M | ||
| Q2 25 | $8.0M | $10.3M | ||
| Q1 25 | $9.4M | $9.5M | ||
| Q4 24 | $8.7M | $9.4M | ||
| Q3 24 | $9.4M | $8.7M | ||
| Q2 24 | $10.4M | $8.4M | ||
| Q1 24 | $9.9M | $6.1M |
净利润DMRCTOON
| Q4 25 | $-4.2M | $-5.3M | ||
| Q3 25 | $-8.2M | $-6.6M | ||
| Q2 25 | $-8.2M | $-6.2M | ||
| Q1 25 | $-11.7M | $-6.5M | ||
| Q4 24 | $-8.6M | $-5.8M | ||
| Q3 24 | $-10.8M | $-2.1M | ||
| Q2 24 | $-9.3M | $-5.9M | ||
| Q1 24 | $-10.3M | $-7.0M |
毛利率DMRCTOON
| 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DMRCTOON
| Q4 25 | -48.2% | -38.4% | ||
| Q3 25 | -109.7% | -29.3% | ||
| Q2 25 | -105.2% | -31.3% | ||
| Q1 25 | -128.9% | -32.4% | ||
| Q4 24 | -105.1% | -37.1% | ||
| Q3 24 | -120.4% | -29.2% | ||
| Q2 24 | -96.2% | -55.6% | ||
| Q1 24 | -109.2% | -103.6% |
净利率DMRCTOON
| Q4 25 | -47.2% | -54.4% | ||
| Q3 25 | -106.9% | -66.5% | ||
| Q2 25 | -102.6% | -60.0% | ||
| Q1 25 | -125.2% | -68.7% | ||
| Q4 24 | -99.9% | -61.2% | ||
| Q3 24 | -113.9% | -23.6% | ||
| Q2 24 | -89.3% | -70.1% | ||
| Q1 24 | -104.0% | -115.9% |
每股收益（稀释后）DMRCTOON
| Q4 25 | $-0.18 | $-0.08 | ||
| Q3 25 | $-0.38 | $-0.14 | ||
| Q2 25 | $-0.38 | $-0.13 | ||
| Q1 25 | $-0.55 | $-0.14 | ||
| Q4 24 | $-0.40 | $-0.14 | ||
| Q3 24 | $-0.50 | $-0.05 | ||
| Q2 24 | $-0.43 | $-0.15 | ||
| Q1 24 | $-0.50 | $-0.20 |
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 | $26.2M |
| 总资产 | $53.0M | $70.9M |
| 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DMRCTOON
| Q4 25 | $12.9M | — | ||
| Q3 25 | $12.6M | — | ||
| Q2 25 | $16.1M | — | ||
| Q1 25 | $21.6M | — | ||
| Q4 24 | $28.7M | $100.0K | ||
| Q3 24 | $33.7M | — | ||
| Q2 24 | $41.5M | — | ||
| Q1 24 | $48.9M | — |
股东权益DMRCTOON
| Q4 25 | $40.2M | $26.2M | ||
| Q3 25 | $41.4M | $22.6M | ||
| Q2 25 | $46.5M | $28.4M | ||
| Q1 25 | $50.0M | $28.6M | ||
| Q4 24 | $61.4M | $35.0M | ||
| Q3 24 | $70.2M | $41.2M | ||
| Q2 24 | $77.2M | $42.7M | ||
| Q1 24 | $84.5M | $44.8M |
总资产DMRCTOON
| Q4 25 | $53.0M | $70.9M | ||
| Q3 25 | $55.4M | $66.7M | ||
| Q2 25 | $60.7M | $70.0M | ||
| Q1 25 | $66.5M | $71.7M | ||
| Q4 24 | $75.8M | $85.5M | ||
| Q3 24 | $85.0M | $87.3M | ||
| Q2 24 | $93.4M | $89.0M | ||
| Q1 24 | $99.7M | $93.3M |
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 | $381.0K |
| 自由现金流经营现金流 - 资本支出 | $895.0K | $346.0K |
| 自由现金流率自由现金流/营收 | 10.0% | 3.6% |
| 资本支出强度资本支出/营收 | 1.1% | 0.4% |
| 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 | $-11.6M |
8季度趋势，按日历期对齐
经营现金流DMRCTOON
| Q4 25 | $991.0K | $381.0K | ||
| Q3 25 | $-2.6M | $-5.5M | ||
| Q2 25 | $-4.7M | $-4.5M | ||
| Q1 25 | $-5.5M | $-1.8M | ||
| Q4 24 | $-4.2M | $-2.4M | ||
| Q3 24 | $-7.1M | $1.5M | ||
| Q2 24 | $-6.8M | $-6.5M | ||
| Q1 24 | $-8.4M | $3.8M |
自由现金流DMRCTOON
| Q4 25 | $895.0K | $346.0K | ||
| Q3 25 | $-2.8M | $-5.5M | ||
| Q2 25 | $-4.9M | $-4.5M | ||
| Q1 25 | $-5.5M | $-1.8M | ||
| Q4 24 | $-4.2M | $-2.4M | ||
| Q3 24 | $-7.2M | $1.5M | ||
| Q2 24 | $-6.9M | — | ||
| Q1 24 | $-8.5M | $3.8M |
自由现金流率DMRCTOON
| Q4 25 | 10.0% | 3.6% | ||
| Q3 25 | -36.9% | -56.0% | ||
| Q2 25 | -61.0% | -44.1% | ||
| Q1 25 | -59.1% | -19.4% | ||
| Q4 24 | -49.1% | -25.6% | ||
| Q3 24 | -75.7% | 17.1% | ||
| Q2 24 | -66.1% | — | ||
| Q1 24 | -85.8% | 62.7% |
资本支出强度DMRCTOON
| Q4 25 | 1.1% | 0.4% | ||
| Q3 25 | 2.9% | 0.4% | ||
| Q2 25 | 2.5% | 0.6% | ||
| Q1 25 | 0.6% | 0.2% | ||
| Q4 24 | 0.2% | 0.5% | ||
| Q3 24 | 0.7% | 0.4% | ||
| Q2 24 | 0.3% | 0.0% | ||
| Q1 24 | 1.1% | 0.6% |
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% |
TOON
| Other | $4.6M | 48% |
| CA | $2.8M | 29% |
| Content Distribution | $2.2M | 23% |
