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DT Cloud Star Acquisition Corp（DTSQ）与Inspirato Inc（ISPO）财务数据对比。点击上方公司名可切换其他公司
Inspirato Inc的季度营收约是DT Cloud Star Acquisition Corp的122.8倍（$55.5M vs $452.4K）。DT Cloud Star Acquisition Corp净利率更高（63.7% vs -8.1%，领先71.8%）
DT Cloud Star Acquisition Corp是一家特殊目的收购公司，主要面向亚太地区布局，聚焦云计算、企业软件及数字服务赛道，寻求与具备高成长性、创新技术优势的相关企业达成商业合作。
Inspirato Inc是一家高端旅行及酒店订阅服务供应商，主要面向北美高净值人群，提供精选豪华别墅租赁、专属度假村权益、定制化行程规划服务，同时也为企业客户提供高端员工差旅激励解决方案。
DTSQ vs ISPO — 直观对比
营收规模更大
ISPO
是对方的122.8倍
$452.4K
净利率更高
DTSQ
高出71.8%
-8.1%
损益表 — Q4 2025 vs Q3 2025
| 指标 | | |
|---|---|---|
| 营收 | $452.4K | $55.5M |
| 净利润 | $288.0K | $-4.5M |
| 毛利率 | — | 31.4% |
| 营业利润率 | -36.4% | -8.0% |
| 净利率 | 63.7% | -8.1% |
| 营收同比 | — | -19.6% |
| 净利润同比 | — | -204.4% |
| 每股收益（稀释后） | — | $-0.36 |
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DTSQISPO
| Q4 25 | $452.4K | — | ||
| Q3 25 | $751.5K | $55.5M | ||
| Q2 25 | $742.2K | $63.1M | ||
| Q1 25 | $737.7K | $65.9M | ||
| Q4 24 | — | $63.1M | ||
| Q3 24 | — | $69.1M | ||
| Q2 24 | — | $67.4M | ||
| Q1 24 | — | $80.2M |
净利润DTSQISPO
| Q4 25 | $288.0K | — | ||
| Q3 25 | $583.0K | $-4.5M | ||
| Q2 25 | $631.5K | $-5.3M | ||
| Q1 25 | $630.3K | $1.6M | ||
| Q4 24 | — | $-2.3M | ||
| Q3 24 | — | $4.3M | ||
| Q2 24 | — | $-8.7M | ||
| Q1 24 | — | $1.3M |
毛利率DTSQISPO
| Q4 25 | — | — | ||
| Q3 25 | — | 31.4% | ||
| Q2 25 | — | 27.5% | ||
| Q1 25 | — | 38.8% | ||
| Q4 24 | — | 34.7% | ||
| Q3 24 | — | 71.5% | ||
| Q2 24 | — | 24.0% | ||
| Q1 24 | — | 39.5% |
营业利润率DTSQISPO
| Q4 25 | -36.4% | — | ||
| Q3 25 | -22.5% | -8.0% | ||
| Q2 25 | -15.2% | -8.3% | ||
| Q1 25 | -15.0% | 2.5% | ||
| Q4 24 | — | -3.2% | ||
| Q3 24 | — | 9.8% | ||
| Q2 24 | — | -22.8% | ||
| Q1 24 | — | 3.0% |
净利率DTSQISPO
| Q4 25 | 63.7% | — | ||
| Q3 25 | 77.6% | -8.1% | ||
| Q2 25 | 85.1% | -8.4% | ||
| Q1 25 | 85.4% | 2.5% | ||
| Q4 24 | — | -3.6% | ||
| Q3 24 | — | 6.3% | ||
| Q2 24 | — | -12.9% | ||
| Q1 24 | — | 1.6% |
每股收益（稀释后）DTSQISPO
| Q4 25 | — | — | ||
| Q3 25 | — | $-0.36 | ||
| Q2 25 | — | $-0.42 | ||
| Q1 25 | — | $0.12 | ||
| Q4 24 | — | $0.98 | ||
| Q3 24 | — | $0.62 | ||
| Q2 24 | — | $-2.33 | ||
| Q1 24 | — | $-0.18 |
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 | $461 | $13.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $-1.1M | $-134.0M |
| 总资产 | $18.0M | $228.3M |
| 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DTSQISPO
| Q4 25 | $461 | — | ||
| Q3 25 | $20.1K | $13.7M | ||
| Q2 25 | $126.1K | $16.7M | ||
| Q1 25 | $271.5K | $16.4M | ||
| Q4 24 | — | $21.8M | ||
| Q3 24 | — | $13.5M | ||
| Q2 24 | — | $18.8M | ||
| Q1 24 | — | $22.6M |
股东权益DTSQISPO
| Q4 25 | $-1.1M | — | ||
| Q3 25 | $-736.8K | $-134.0M | ||
| Q2 25 | $-568.4K | $-129.7M | ||
| Q1 25 | $-457.7K | $-125.2M | ||
| Q4 24 | — | $-129.9M | ||
| Q3 24 | — | $-134.6M | ||
| Q2 24 | — | $-35.2M | ||
| Q1 24 | — | $-27.5M |
总资产DTSQISPO
| Q4 25 | $18.0M | — | ||
| Q3 25 | $72.7M | $228.3M | ||
| Q2 25 | $72.1M | $252.6M | ||
| Q1 25 | $71.6M | $270.1M | ||
| Q4 24 | — | $273.9M | ||
| Q3 24 | — | $273.3M | ||
| Q2 24 | — | $301.7M | ||
| Q1 24 | — | $313.0M |
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 | $-19.7K | $-2.2M |
| 自由现金流经营现金流 - 资本支出 | — | $-3.0M |
| 自由现金流率自由现金流/营收 | — | -5.4% |
| 资本支出强度资本支出/营收 | — | 1.4% |
| 现金转化率经营现金流/净利润 | -0.07× | — |
| 过去12个月自由现金流最近4个季度 | — | $-4.2M |
8季度趋势，按日历期对齐
经营现金流DTSQISPO
| Q4 25 | $-19.7K | — | ||
| Q3 25 | $-105.9K | $-2.2M | ||
| Q2 25 | $-145.5K | $1.1M | ||
| Q1 25 | $-139.9K | $-6.6M | ||
| Q4 24 | — | $6.9M | ||
| Q3 24 | — | $-13.7M | ||
| Q2 24 | — | $-1.8M | ||
| Q1 24 | — | $-7.2M |
自由现金流DTSQISPO
| Q4 25 | — | — | ||
| Q3 25 | — | $-3.0M | ||
| Q2 25 | — | $468.0K | ||
| Q1 25 | — | $-7.5M | ||
| Q4 24 | — | $5.8M | ||
| Q3 24 | — | $-14.8M | ||
| Q2 24 | — | $-3.7M | ||
| Q1 24 | — | $-8.5M |
自由现金流率DTSQISPO
| Q4 25 | — | — | ||
| Q3 25 | — | -5.4% | ||
| Q2 25 | — | 0.7% | ||
| Q1 25 | — | -11.4% | ||
| Q4 24 | — | 9.1% | ||
| Q3 24 | — | -21.5% | ||
| Q2 24 | — | -5.5% | ||
| Q1 24 | — | -10.6% |
资本支出强度DTSQISPO
| Q4 25 | — | — | ||
| Q3 25 | — | 1.4% | ||
| Q2 25 | — | 1.0% | ||
| Q1 25 | — | 1.3% | ||
| Q4 24 | — | 1.8% | ||
| Q3 24 | — | 1.6% | ||
| Q2 24 | — | 2.8% | ||
| Q1 24 | — | 1.6% |
现金转化率DTSQISPO
| Q4 25 | -0.07× | — | ||
| Q3 25 | -0.18× | — | ||
| Q2 25 | -0.23× | — | ||
| Q1 25 | -0.22× | -4.09× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -3.16× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -5.70× |
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
DTSQ
暂无分部数据
ISPO
| Residence And Hotel Travel | $25.9M | 47% |
| Subscription | $19.4M | 35% |
| Experiences And Bespoke Travel | $8.0M | 14% |
| Rewards And Other Revenue | $2.3M | 4% |
