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Fathom Holdings Inc.（FTHM）与REGIS CORP（RGS）财务数据对比。点击上方公司名可切换其他公司
Fathom Holdings Inc.的季度营收约是REGIS CORP的1.6倍（$90.6M vs $57.1M），REGIS CORP净利率更高（0.8% vs -7.4%，领先8.2%），REGIS CORP同比增速更快（22.3% vs -1.2%），REGIS CORP自由现金流更多（$891.0K vs $-20.7M），过去两年Fathom Holdings Inc.的营收复合增速更高（13.4% vs 7.8%）
Fathom Holdings Inc.是一家总部位于美国的房地产科技与服务企业，为房产经纪人、经纪机构和消费者提供数字交易管理、按揭服务、产权保险、住宅经纪等一站式解决方案，业务覆盖美国大部分区域市场。
瑞吉斯公司是一家美国美发沙龙运营商，总部位于明尼苏达州明尼阿波利斯市。截至2021年8月，该集团旗下拥有5563家加盟沙龙以及276家直营门店，是北美地区规模领先的美发沙龙连锁经营企业。
FTHM vs RGS — 直观对比
营收规模更大
FTHM
是对方的1.6倍
$57.1M
营收增速更快
RGS
高出23.5%
-1.2%
净利率更高
RGS
高出8.2%
-7.4%
自由现金流更多
RGS
多$21.5M
$-20.7M
两年增速更快
FTHM
近两年复合增速
7.8%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $90.6M | $57.1M |
| 净利润 | $-6.7M | $456.0K |
| 毛利率 | — | — |
| 营业利润率 | -5.2% | 10.8% |
| 净利率 | -7.4% | 0.8% |
| 营收同比 | -1.2% | 22.3% |
| 净利润同比 | -7.7% | -94.0% |
| 每股收益（稀释后） | $-0.20 | $0.16 |
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FTHMRGS
| Q4 25 | $90.6M | $57.1M | ||
| Q3 25 | $115.3M | $59.0M | ||
| Q2 25 | $121.4M | $60.4M | ||
| Q1 25 | $93.1M | $57.0M | ||
| Q4 24 | $91.7M | $46.7M | ||
| Q3 24 | $83.7M | $46.1M | ||
| Q2 24 | $89.2M | $49.4M | ||
| Q1 24 | $70.5M | $49.2M |
净利润FTHMRGS
| Q4 25 | $-6.7M | $456.0K | ||
| Q3 25 | $-4.4M | $1.4M | ||
| Q2 25 | $-3.6M | $116.5M | ||
| Q1 25 | $-5.6M | $250.0K | ||
| Q4 24 | $-6.2M | $7.6M | ||
| Q3 24 | $-8.1M | $-853.0K | ||
| Q2 24 | $-1.3M | $91.2M | ||
| Q1 24 | $-5.9M | $-2.3M |
营业利润率FTHMRGS
| Q4 25 | -5.2% | 10.8% | ||
| Q3 25 | -3.5% | 10.0% | ||
| Q2 25 | -2.0% | 12.1% | ||
| Q1 25 | -4.8% | 8.8% | ||
| Q4 24 | -7.0% | 11.8% | ||
| Q3 24 | -9.3% | 4.6% | ||
| Q2 24 | -4.1% | — | ||
| Q1 24 | -8.0% | 8.3% |
净利率FTHMRGS
| Q4 25 | -7.4% | 0.8% | ||
| Q3 25 | -3.8% | 2.3% | ||
| Q2 25 | -3.0% | 192.9% | ||
| Q1 25 | -6.1% | 0.4% | ||
| Q4 24 | -6.8% | 16.4% | ||
| Q3 24 | -9.7% | -1.9% | ||
| Q2 24 | -1.5% | 184.7% | ||
| Q1 24 | -8.4% | -4.7% |
每股收益（稀释后）FTHMRGS
| Q4 25 | $-0.20 | $0.16 | ||
| Q3 25 | $-0.15 | $0.49 | ||
| Q2 25 | $-0.13 | $43.67 | ||
| Q1 25 | $-0.24 | $0.08 | ||
| Q4 24 | $-0.29 | $2.71 | ||
| Q3 24 | $-0.40 | $-0.36 | ||
| Q2 24 | $-0.07 | $38.40 | ||
| Q1 24 | $-0.31 | $-1.00 |
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 | $5.8M | $18.4M |
| 总债务越低越好 | $5.6M | $113.3M |
| 股东权益账面价值 | $37.4M | $188.7M |
| 总资产 | $78.0M | $588.3M |
| 负债/权益比越低杠杆越低 | 0.15× | 0.60× |
8季度趋势，按日历期对齐
现金及短期投资FTHMRGS
| Q4 25 | $5.8M | $18.4M | ||
| Q3 25 | $9.8M | $16.6M | ||
| Q2 25 | $4.9M | $17.0M | ||
| Q1 25 | $8.0M | $13.3M | ||
| Q4 24 | $7.1M | $10.2M | ||
| Q3 24 | $13.1M | $6.3M | ||
| Q2 24 | $10.4M | $10.1M | ||
| Q1 24 | $5.7M | $5.9M |
总债务FTHMRGS
| Q4 25 | $5.6M | $113.3M | ||
| Q3 25 | $5.1M | $111.3M | ||
| Q2 25 | $5.1M | $110.8M | ||
| Q1 25 | $5.1M | $112.0M | ||
| Q4 24 | $9.5M | $111.5M | ||
| Q3 24 | $8.8M | $95.2M | ||
| Q2 24 | $3.6M | $99.5M | ||
| Q1 24 | $3.7M | $179.7M |
股东权益FTHMRGS
| Q4 25 | $37.4M | $188.7M | ||
| Q3 25 | $43.4M | $187.6M | ||
| Q2 25 | $40.7M | $185.6M | ||
| Q1 25 | $43.4M | $68.6M | ||
| Q4 24 | $44.7M | $66.7M | ||
| Q3 24 | $47.1M | $56.4M | ||
| Q2 24 | $53.1M | $56.8M | ||
| Q1 24 | $51.9M | $-35.8M |
总资产FTHMRGS
| Q4 25 | $78.0M | $588.3M | ||
| Q3 25 | $83.2M | $592.1M | ||
| Q2 25 | $80.4M | $599.0M | ||
| Q1 25 | $81.0M | $511.2M | ||
| Q4 24 | $75.4M | $530.1M | ||
| Q3 24 | $80.9M | $508.9M | ||
| Q2 24 | $80.2M | $530.5M | ||
| Q1 24 | $78.2M | $543.7M |
负债/权益比FTHMRGS
| Q4 25 | 0.15× | 0.60× | ||
| Q3 25 | 0.12× | 0.59× | ||
| Q2 25 | 0.12× | 0.60× | ||
| Q1 25 | 0.12× | 1.63× | ||
| Q4 24 | 0.21× | 1.67× | ||
| Q3 24 | 0.19× | 1.69× | ||
| Q2 24 | 0.07× | 1.75× | ||
| Q1 24 | 0.07× | — |
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 | $-20.5M | $1.7M |
| 自由现金流经营现金流 - 资本支出 | $-20.7M | $891.0K |
| 自由现金流率自由现金流/营收 | -22.8% | 1.6% |
| 资本支出强度资本支出/营收 | 0.1% | 1.4% |
| 现金转化率经营现金流/净利润 | — | 3.65× |
| 过去12个月自由现金流最近4个季度 | $-29.4M | $14.9M |
8季度趋势，按日历期对齐
经营现金流FTHMRGS
| Q4 25 | $-20.5M | $1.7M | ||
| Q3 25 | $3.0M | $2.3M | ||
| Q2 25 | $-5.9M | $6.8M | ||
| Q1 25 | $-5.7M | $6.2M | ||
| Q4 24 | $-4.7M | $2.1M | ||
| Q3 24 | $-330.0K | $-1.3M | ||
| Q2 24 | $-3.1M | $5.1M | ||
| Q1 24 | $-947.0K | $-277.0K |
自由现金流FTHMRGS
| Q4 25 | $-20.7M | $891.0K | ||
| Q3 25 | $3.0M | $1.9M | ||
| Q2 25 | $-6.0M | $6.2M | ||
| Q1 25 | $-5.8M | $5.9M | ||
| Q4 24 | $-4.7M | $1.7M | ||
| Q3 24 | $-364.0K | $-1.4M | ||
| Q2 24 | $-3.1M | $5.1M | ||
| Q1 24 | $-948.0K | $-326.0K |
自由现金流率FTHMRGS
| Q4 25 | -22.8% | 1.6% | ||
| Q3 25 | 2.6% | 3.2% | ||
| Q2 25 | -4.9% | 10.3% | ||
| Q1 25 | -6.2% | 10.3% | ||
| Q4 24 | -5.2% | 3.6% | ||
| Q3 24 | -0.4% | -3.0% | ||
| Q2 24 | -3.5% | 10.3% | ||
| Q1 24 | -1.3% | -0.7% |
资本支出强度FTHMRGS
| Q4 25 | 0.1% | 1.4% | ||
| Q3 25 | 0.0% | 0.7% | ||
| Q2 25 | 0.0% | 0.9% | ||
| Q1 25 | 0.0% | 0.6% | ||
| Q4 24 | 0.1% | 0.9% | ||
| Q3 24 | 0.0% | 0.0% | ||
| Q2 24 | 0.0% | 0.0% | ||
| Q1 24 | 0.0% | 0.1% |
现金转化率FTHMRGS
| Q4 25 | — | 3.65× | ||
| Q3 25 | — | 1.68× | ||
| Q2 25 | — | 0.06× | ||
| Q1 25 | — | 24.80× | ||
| Q4 24 | — | 0.28× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.06× | ||
| Q1 24 | — | — |
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
FTHM
| Real Estate Brokerage | $84.9M | 94% |
| Mortgage Segment | $3.4M | 4% |
| Other | $2.3M | 3% |
RGS
| Franchise Segment | $37.9M | 66% |
| Royalty | $13.6M | 24% |
| Other | $2.8M | 5% |
| Fees | $1.8M | 3% |
| Franchise Fees | $1.0M | 2% |
