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Envela Corp（ELA）与Repay Holdings Corp（RPAY）财务数据对比。点击上方公司名可切换其他公司
Envela Corp的季度营收约是Repay Holdings Corp的1.0倍（$80.5M vs $78.6M），Envela Corp净利率更高（7.4% vs -178.3%，领先185.7%），Envela Corp同比增速更快（66.6% vs 0.4%），Repay Holdings Corp自由现金流更多（$23.2M vs $-3.7M），过去两年Envela Corp的营收复合增速更高（42.1% vs -1.3%）
Envela Corp是一家总部位于美国的企业，核心开展再流通业务，致力于延长产品生命周期、减少资源消耗。公司业务主要分为两大板块，分别面向个人消费者端与企业商业端，通过盘活二手资源实现可持续的商业价值。
Repay Holdings Corp是一家聚焦北美市场的支付技术服务商，为零售、医疗、汽车服务、电商等领域的企业提供整合支付处理方案，涵盖银行卡收单、ACH转账、POS系统集成等数字化支付工具，助力客户简化交易流程、提升运营效率。
ELA vs RPAY — 直观对比
营收规模更大
ELA
是对方的1.0倍
$78.6M
营收增速更快
ELA
高出66.2%
0.4%
净利率更高
ELA
高出185.7%
-178.3%
自由现金流更多
RPAY
多$26.9M
$-3.7M
两年增速更快
ELA
近两年复合增速
-1.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $80.5M | $78.6M |
| 净利润 | $6.0M | $-140.1M |
| 毛利率 | 20.5% | 74.2% |
| 营业利润率 | 9.4% | -182.2% |
| 净利率 | 7.4% | -178.3% |
| 营收同比 | 66.6% | 0.4% |
| 净利润同比 | 274.6% | -3304.1% |
| 每股收益（稀释后） | $0.22 | $-1.68 |
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ELARPAY
| Q4 25 | $80.5M | $78.6M | ||
| Q3 25 | $57.4M | $77.7M | ||
| Q2 25 | $54.9M | $75.6M | ||
| Q1 25 | $48.3M | $77.3M | ||
| Q4 24 | $48.3M | $78.3M | ||
| Q3 24 | $46.9M | $79.1M | ||
| Q2 24 | $45.3M | $74.9M | ||
| Q1 24 | $39.9M | $80.7M |
净利润ELARPAY
| Q4 25 | $6.0M | $-140.1M | ||
| Q3 25 | $3.4M | $-6.4M | ||
| Q2 25 | $2.8M | $-102.3M | ||
| Q1 25 | $2.5M | $-7.9M | ||
| Q4 24 | $1.6M | $-4.1M | ||
| Q3 24 | $1.7M | $3.2M | ||
| Q2 24 | $1.6M | $-4.1M | ||
| Q1 24 | $1.9M | $-5.2M |
毛利率ELARPAY
| Q4 25 | 20.5% | 74.2% | ||
| Q3 25 | 22.8% | 74.4% | ||
| Q2 25 | 22.6% | 75.7% | ||
| Q1 25 | 24.8% | 75.9% | ||
| Q4 24 | 23.1% | 76.3% | ||
| Q3 24 | 24.4% | 77.8% | ||
| Q2 24 | 25.1% | 78.2% | ||
| Q1 24 | 25.9% | 76.2% |
营业利润率ELARPAY
| Q4 25 | 9.4% | -182.2% | ||
| Q3 25 | 7.3% | -3.9% | ||
| Q2 25 | 5.9% | -138.7% | ||
| Q1 25 | 6.5% | -4.7% | ||
| Q4 24 | 3.9% | -1.5% | ||
| Q3 24 | 4.3% | -0.9% | ||
| Q2 24 | 4.2% | -4.6% | ||
| Q1 24 | 5.9% | -3.1% |
净利率ELARPAY
| Q4 25 | 7.4% | -178.3% | ||
| Q3 25 | 5.8% | -8.3% | ||
| Q2 25 | 5.0% | -135.2% | ||
| Q1 25 | 5.2% | -10.3% | ||
| Q4 24 | 3.3% | -5.3% | ||
| Q3 24 | 3.6% | 4.1% | ||
| Q2 24 | 3.5% | -5.4% | ||
| Q1 24 | 4.8% | -6.5% |
每股收益（稀释后）ELARPAY
| Q4 25 | $0.22 | $-1.68 | ||
| Q3 25 | $0.13 | $-0.08 | ||
| Q2 25 | $0.11 | $-1.15 | ||
| Q1 25 | $0.10 | $-0.09 | ||
| Q4 24 | $0.07 | $-0.04 | ||
| Q3 24 | $0.06 | $0.03 | ||
| Q2 24 | $0.06 | $-0.04 | ||
| Q1 24 | $0.07 | $-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 | — | $115.7M |
| 总债务越低越好 | $9.9M | $280.1M |
| 股东权益账面价值 | $67.1M | $484.4M |
| 总资产 | $96.0M | $1.2B |
| 负债/权益比越低杠杆越低 | 0.15× | 0.58× |
8季度趋势，按日历期对齐
现金及短期投资ELARPAY
| Q4 25 | — | $115.7M | ||
| Q3 25 | — | $95.7M | ||
| Q2 25 | — | $162.6M | ||
| Q1 25 | — | $165.5M | ||
| Q4 24 | — | $189.5M | ||
| Q3 24 | — | $168.7M | ||
| Q2 24 | — | $147.1M | ||
| Q1 24 | $19.8M | $128.3M |
总债务ELARPAY
| Q4 25 | $9.9M | $280.1M | ||
| Q3 25 | $12.5M | $279.5M | ||
| Q2 25 | $13.0M | $279.0M | ||
| Q1 25 | $13.2M | $497.6M | ||
| Q4 24 | $13.5M | $496.8M | ||
| Q3 24 | $13.8M | $496.2M | ||
| Q2 24 | $14.3M | $435.6M | ||
| Q1 24 | $14.6M | $434.9M |
股东权益ELARPAY
| Q4 25 | $67.1M | $484.4M | ||
| Q3 25 | $61.1M | $616.9M | ||
| Q2 25 | $57.8M | $633.7M | ||
| Q1 25 | $55.1M | $755.7M | ||
| Q4 24 | $52.7M | $761.3M | ||
| Q3 24 | $51.1M | $754.7M | ||
| Q2 24 | $50.2M | $815.4M | ||
| Q1 24 | $49.3M | $813.8M |
总资产ELARPAY
| Q4 25 | $96.0M | $1.2B | ||
| Q3 25 | $90.9M | $1.3B | ||
| Q2 25 | $82.7M | $1.4B | ||
| Q1 25 | $79.7M | $1.5B | ||
| Q4 24 | $77.9M | $1.6B | ||
| Q3 24 | $77.4M | $1.6B | ||
| Q2 24 | $73.8M | $1.5B | ||
| Q1 24 | $74.7M | $1.5B |
负债/权益比ELARPAY
| Q4 25 | 0.15× | 0.58× | ||
| Q3 25 | 0.20× | 0.45× | ||
| Q2 25 | 0.23× | 0.44× | ||
| Q1 25 | 0.24× | 0.66× | ||
| Q4 24 | 0.26× | 0.65× | ||
| Q3 24 | 0.27× | 0.66× | ||
| Q2 24 | 0.29× | 0.53× | ||
| Q1 24 | 0.30× | 0.53× |
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 | $-3.5M | $23.3M |
| 自由现金流经营现金流 - 资本支出 | $-3.7M | $23.2M |
| 自由现金流率自由现金流/营收 | -4.6% | 29.6% |
| 资本支出强度资本支出/营收 | 0.2% | 0.1% |
| 现金转化率经营现金流/净利润 | -0.59× | — |
| 过去12个月自由现金流最近4个季度 | $1.4M | $90.7M |
8季度趋势，按日历期对齐
经营现金流ELARPAY
| Q4 25 | $-3.5M | $23.3M | ||
| Q3 25 | $2.4M | $32.2M | ||
| Q2 25 | $2.6M | $33.1M | ||
| Q1 25 | $1.1M | $2.5M | ||
| Q4 24 | $3.7M | $34.3M | ||
| Q3 24 | $3.4M | $60.1M | ||
| Q2 24 | $-789.5K | $31.0M | ||
| Q1 24 | $3.8M | $24.8M |
自由现金流ELARPAY
| Q4 25 | $-3.7M | $23.2M | ||
| Q3 25 | $2.2M | $32.1M | ||
| Q2 25 | $2.1M | $33.0M | ||
| Q1 25 | $746.6K | $2.4M | ||
| Q4 24 | $3.2M | $34.0M | ||
| Q3 24 | $1.5M | $59.8M | ||
| Q2 24 | $-1.3M | $30.5M | ||
| Q1 24 | $3.3M | $24.7M |
自由现金流率ELARPAY
| Q4 25 | -4.6% | 29.6% | ||
| Q3 25 | 3.8% | 41.3% | ||
| Q2 25 | 3.9% | 43.6% | ||
| Q1 25 | 1.5% | 3.0% | ||
| Q4 24 | 6.7% | 43.5% | ||
| Q3 24 | 3.1% | 75.6% | ||
| Q2 24 | -2.9% | 40.7% | ||
| Q1 24 | 8.4% | 30.6% |
资本支出强度ELARPAY
| Q4 25 | 0.2% | 0.1% | ||
| Q3 25 | 0.4% | 0.2% | ||
| Q2 25 | 0.8% | 0.1% | ||
| Q1 25 | 0.8% | 0.2% | ||
| Q4 24 | 1.0% | 0.3% | ||
| Q3 24 | 4.2% | 0.3% | ||
| Q2 24 | 1.1% | 0.6% | ||
| Q1 24 | 1.1% | 0.1% |
现金转化率ELARPAY
| Q4 25 | -0.59× | — | ||
| Q3 25 | 0.72× | — | ||
| Q2 25 | 0.94× | — | ||
| Q1 25 | 0.45× | — | ||
| Q4 24 | 2.34× | — | ||
| Q3 24 | 2.05× | 18.52× | ||
| Q2 24 | -0.50× | — | ||
| Q1 24 | 1.99× | — |
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
ELA
| Consumer Segment | $67.7M | 84% |
| Commercial Segment | $12.8M | 16% |
RPAY
| Sales Channel Directly To Consumer | $69.4M | 88% |
| Other | $6.8M | 9% |
| Sales Channel Through Intermediary | $2.3M | 3% |
