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Direct Digital Holdings, Inc.（DRCT）与null（TZOO）财务数据对比。点击上方公司名可切换其他公司
null的季度营收约是Direct Digital Holdings, Inc.的2.7倍（$22.5M vs $8.4M）。null净利率更高（-0.1% vs -138.7%，领先138.6%）。null同比增速更快（8.7% vs -7.4%）。过去两年null的营收复合增速更高（1.1% vs -38.6%）
Devolver Digital是一家总部位于美国得克萨斯州奥斯汀的电子游戏发行商，专注于独立游戏发行业务。公司由奈杰尔·劳里等五名曾就职于知名游戏发行公司Gathering of Developers和Gamecock Media Group的高管，于2009年6月创立，以对开发者友好的合作模式著称。
Travelzoo是一家互联网旅游服务企业，整合全球超2000家旅行、娱乐及本地商户（包括餐饮、spa场馆等）的特惠信息，目前在北美、欧洲及亚太地区共拥有2800万会员，在全球设有25个办事处。
DRCT vs TZOO — 直观对比
营收规模更大
TZOO
是对方的2.7倍
$8.4M
营收增速更快
TZOO
高出16.1%
-7.4%
净利率更高
TZOO
高出138.6%
-138.7%
两年增速更快
TZOO
近两年复合增速
-38.6%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $8.4M | $22.5M |
| 净利润 | $-11.7M | $-20.0K |
| 毛利率 | 26.8% | 81.2% |
| 营业利润率 | -53.4% | 2.5% |
| 净利率 | -138.7% | -0.1% |
| 营收同比 | -7.4% | 8.7% |
| 净利润同比 | -434.7% | -100.6% |
| 每股收益（稀释后） | $-74.97 | $0.02 |
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DRCTTZOO
| Q4 25 | $8.4M | $22.5M | ||
| Q3 25 | $8.0M | $22.2M | ||
| Q2 25 | $10.1M | $23.9M | ||
| Q1 25 | $8.2M | $23.1M | ||
| Q4 24 | $9.1M | $20.7M | ||
| Q3 24 | $9.1M | $20.1M | ||
| Q2 24 | $21.9M | $21.1M | ||
| Q1 24 | $22.3M | $22.0M |
净利润DRCTTZOO
| Q4 25 | $-11.7M | $-20.0K | ||
| Q3 25 | $-2.7M | $150.0K | ||
| Q2 25 | $-2.2M | $1.4M | ||
| Q1 25 | $-2.4M | $3.2M | ||
| Q4 24 | $-2.2M | $3.2M | ||
| Q3 24 | $-2.7M | $3.2M | ||
| Q2 24 | $-590.0K | $2.9M | ||
| Q1 24 | $-775.0K | $4.2M |
毛利率DRCTTZOO
| Q4 25 | 26.8% | 81.2% | ||
| Q3 25 | 27.7% | 79.6% | ||
| Q2 25 | 35.1% | 78.4% | ||
| Q1 25 | 29.3% | 82.0% | ||
| Q4 24 | 32.5% | 86.6% | ||
| Q3 24 | 38.7% | 87.3% | ||
| Q2 24 | 27.1% | 88.1% | ||
| Q1 24 | 22.4% | 88.0% |
营业利润率DRCTTZOO
| Q4 25 | -53.4% | 2.5% | ||
| Q3 25 | -49.0% | 2.2% | ||
| Q2 25 | -23.9% | 8.6% | ||
| Q1 25 | -48.1% | 16.4% | ||
| Q4 24 | -51.8% | 23.5% | ||
| Q3 24 | -40.3% | 20.1% | ||
| Q2 24 | -9.4% | 19.0% | ||
| Q1 24 | -12.6% | 25.4% |
净利率DRCTTZOO
| Q4 25 | -138.7% | -0.1% | ||
| Q3 25 | -33.6% | 0.7% | ||
| Q2 25 | -22.2% | 5.9% | ||
| Q1 25 | -28.9% | 13.7% | ||
| Q4 24 | -24.0% | 15.6% | ||
| Q3 24 | -29.6% | 15.8% | ||
| Q2 24 | -2.7% | 13.8% | ||
| Q1 24 | -3.5% | 19.3% |
每股收益（稀释后）DRCTTZOO
| Q4 25 | $-74.97 | $0.02 | ||
| Q3 25 | $-0.24 | $0.01 | ||
| Q2 25 | $-0.23 | $0.12 | ||
| Q1 25 | $-0.35 | $0.26 | ||
| Q4 24 | $-90.17 | $0.26 | ||
| Q3 24 | $-0.71 | $0.26 | ||
| Q2 24 | $-0.16 | $0.23 | ||
| Q1 24 | $-0.22 | $0.31 |
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 | $728.0K | $10.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $-7.0M | $-7.5M |
| 总资产 | $20.2M | $45.2M |
| 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DRCTTZOO
| Q4 25 | $728.0K | $10.0M | ||
| Q3 25 | $871.0K | $8.5M | ||
| Q2 25 | $1.6M | $10.4M | ||
| Q1 25 | $1.8M | $11.5M | ||
| Q4 24 | $1.4M | $17.1M | ||
| Q3 24 | $4.1M | $11.4M | ||
| Q2 24 | $1.1M | $12.6M | ||
| Q1 24 | $3.3M | $16.2M |
总债务DRCTTZOO
| Q4 25 | — | — | ||
| Q3 25 | $10.8M | — | ||
| Q2 25 | $33.5M | — | ||
| Q1 25 | $32.9M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $150.0K | — | ||
| Q2 24 | $34.8M | — | ||
| Q1 24 | $32.4M | — |
股东权益DRCTTZOO
| Q4 25 | $-7.0M | $-7.5M | ||
| Q3 25 | $-6.7M | $-8.1M | ||
| Q2 25 | $-24.6M | $-7.1M | ||
| Q1 25 | $-23.3M | $-6.1M | ||
| Q4 24 | $-19.7M | $-462.0K | ||
| Q3 24 | $-16.7M | $-2.2M | ||
| Q2 24 | $-10.5M | $966.0K | ||
| Q1 24 | $-7.5M | $4.1M |
总资产DRCTTZOO
| Q4 25 | $20.2M | $45.2M | ||
| Q3 25 | $22.5M | $46.2M | ||
| Q2 25 | $23.3M | $46.7M | ||
| Q1 25 | $23.8M | $49.2M | ||
| Q4 24 | $26.0M | $54.7M | ||
| Q3 24 | $31.3M | $50.5M | ||
| Q2 24 | $48.5M | $51.5M | ||
| Q1 24 | $52.8M | $54.7M |
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 | $-1.9M | $1.5M |
| 自由现金流经营现金流 - 资本支出 | — | $1.4M |
| 自由现金流率自由现金流/营收 | — | 6.4% |
| 资本支出强度资本支出/营收 | — | 0.1% |
| 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 | — | $5.6M |
8季度趋势，按日历期对齐
经营现金流DRCTTZOO
| Q4 25 | $-1.9M | $1.5M | ||
| Q3 25 | $-1.6M | $-373.0K | ||
| Q2 25 | $-2.7M | $1.3M | ||
| Q1 25 | $-2.7M | $3.3M | ||
| Q4 24 | $-1.6M | $7.8M | ||
| Q3 24 | $3.0M | $5.3M | ||
| Q2 24 | $-4.4M | $3.3M | ||
| Q1 24 | $-5.7M | $4.6M |
自由现金流DRCTTZOO
| Q4 25 | — | $1.4M | ||
| Q3 25 | — | $-388.0K | ||
| Q2 25 | — | $1.3M | ||
| Q1 25 | — | $3.3M | ||
| Q4 24 | — | $7.8M | ||
| Q3 24 | — | $5.3M | ||
| Q2 24 | — | $3.3M | ||
| Q1 24 | — | $4.6M |
自由现金流率DRCTTZOO
| Q4 25 | — | 6.4% | ||
| Q3 25 | — | -1.7% | ||
| Q2 25 | — | 5.4% | ||
| Q1 25 | — | 14.1% | ||
| Q4 24 | — | 37.7% | ||
| Q3 24 | — | 26.3% | ||
| Q2 24 | — | 15.4% | ||
| Q1 24 | — | 20.9% |
资本支出强度DRCTTZOO
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 0.1% | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | 0.2% | ||
| Q2 24 | — | 0.2% | ||
| Q1 24 | — | 0.2% |
现金转化率DRCTTZOO
| Q4 25 | — | — | ||
| Q3 25 | — | -2.49× | ||
| Q2 25 | — | 0.93× | ||
| Q1 25 | — | 1.04× | ||
| Q4 24 | — | 2.44× | ||
| Q3 24 | — | 1.67× | ||
| Q2 24 | — | 1.13× | ||
| Q1 24 | — | 1.09× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
