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Global Indemnity Group, LLC（GBLI）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
Global Indemnity Group, LLC的季度营收约是Repay Holdings Corp的1.5倍（$116.7M vs $78.6M），Global Indemnity Group, LLC净利率更高（5.5% vs -178.3%，领先183.8%），Global Indemnity Group, LLC同比增速更快（7.6% vs 0.4%），过去两年Global Indemnity Group, LLC的营收复合增速更高（2.0% vs -1.3%）
Global Indemnity Group LLC是一家专业保险控股企业，提供定制化商业及个人财产意外险产品、保证保险与再保险解决方案，主要服务美国境内中小微企业及小众个人保险客群，聚焦传统保险覆盖不足的特殊风险领域。
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。
GBLI vs RPAY — 直观对比
营收规模更大
GBLI
是对方的1.5倍
$78.6M
营收增速更快
GBLI
高出7.2%
0.4%
净利率更高
GBLI
高出183.8%
-178.3%
两年增速更快
GBLI
近两年复合增速
-1.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $116.7M | $78.6M |
| 净利润 | $6.5M | $-140.1M |
| 毛利率 | — | 74.2% |
| 营业利润率 | 7.9% | -182.2% |
| 净利率 | 5.5% | -178.3% |
| 营收同比 | 7.6% | 0.4% |
| 净利润同比 | -28.5% | -3304.1% |
| 每股收益（稀释后） | $0.48 | $-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GBLIRPAY
| Q4 25 | $116.7M | $78.6M | ||
| Q3 25 | $114.2M | $77.7M | ||
| Q2 25 | $110.5M | $75.6M | ||
| Q1 25 | $108.7M | $77.3M | ||
| Q4 24 | $108.4M | $78.3M | ||
| Q3 24 | $111.8M | $79.1M | ||
| Q2 24 | $108.7M | $74.9M | ||
| Q1 24 | $112.3M | $80.7M |
净利润GBLIRPAY
| Q4 25 | $6.5M | $-140.1M | ||
| Q3 25 | $12.5M | $-6.4M | ||
| Q2 25 | $10.3M | $-102.3M | ||
| Q1 25 | $-4.0M | $-7.9M | ||
| Q4 24 | $9.0M | $-4.1M | ||
| Q3 24 | $12.8M | $3.2M | ||
| Q2 24 | $10.1M | $-4.1M | ||
| Q1 24 | $11.4M | $-5.2M |
毛利率GBLIRPAY
| Q4 25 | — | 74.2% | ||
| Q3 25 | — | 74.4% | ||
| Q2 25 | — | 75.7% | ||
| Q1 25 | — | 75.9% | ||
| Q4 24 | — | 76.3% | ||
| Q3 24 | — | 77.8% | ||
| Q2 24 | — | 78.2% | ||
| Q1 24 | — | 76.2% |
营业利润率GBLIRPAY
| Q4 25 | 7.9% | -182.2% | ||
| Q3 25 | 14.1% | -3.9% | ||
| Q2 25 | 11.9% | -138.7% | ||
| Q1 25 | -4.7% | -4.7% | ||
| Q4 24 | 11.2% | -1.5% | ||
| Q3 24 | 14.2% | -0.9% | ||
| Q2 24 | 11.7% | -4.6% | ||
| Q1 24 | 12.7% | -3.1% |
净利率GBLIRPAY
| Q4 25 | 5.5% | -178.3% | ||
| Q3 25 | 11.0% | -8.3% | ||
| Q2 25 | 9.4% | -135.2% | ||
| Q1 25 | -3.7% | -10.3% | ||
| Q4 24 | 8.3% | -5.3% | ||
| Q3 24 | 11.4% | 4.1% | ||
| Q2 24 | 9.3% | -5.4% | ||
| Q1 24 | 10.1% | -6.5% |
每股收益（稀释后）GBLIRPAY
| Q4 25 | $0.48 | $-1.68 | ||
| Q3 25 | $0.86 | $-0.08 | ||
| Q2 25 | $0.71 | $-1.15 | ||
| Q1 25 | $-0.30 | $-0.09 | ||
| Q4 24 | $0.65 | $-0.04 | ||
| Q3 24 | $0.92 | $0.03 | ||
| Q2 24 | $0.73 | $-0.04 | ||
| Q1 24 | $0.82 | $-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 | $65.5M | $115.7M |
| 总债务越低越好 | — | $280.1M |
| 股东权益账面价值 | $706.6M | $484.4M |
| 总资产 | $1.7B | $1.2B |
| 负债/权益比越低杠杆越低 | — | 0.58× |
8季度趋势，按日历期对齐
现金及短期投资GBLIRPAY
| Q4 25 | $65.5M | $115.7M | ||
| Q3 25 | $75.4M | $95.7M | ||
| Q2 25 | $67.3M | $162.6M | ||
| Q1 25 | $81.1M | $165.5M | ||
| Q4 24 | $17.0M | $189.5M | ||
| Q3 24 | $31.0M | $168.7M | ||
| Q2 24 | $46.7M | $147.1M | ||
| Q1 24 | $38.9M | $128.3M |
总债务GBLIRPAY
| Q4 25 | — | $280.1M | ||
| Q3 25 | — | $279.5M | ||
| Q2 25 | — | $279.0M | ||
| Q1 25 | — | $497.6M | ||
| Q4 24 | — | $496.8M | ||
| Q3 24 | — | $496.2M | ||
| Q2 24 | — | $435.6M | ||
| Q1 24 | — | $434.9M |
股东权益GBLIRPAY
| Q4 25 | $706.6M | $484.4M | ||
| Q3 25 | $704.1M | $616.9M | ||
| Q2 25 | $695.3M | $633.7M | ||
| Q1 25 | $687.1M | $755.7M | ||
| Q4 24 | $689.1M | $761.3M | ||
| Q3 24 | $686.7M | $754.7M | ||
| Q2 24 | $667.5M | $815.4M | ||
| Q1 24 | $659.5M | $813.8M |
总资产GBLIRPAY
| Q4 25 | $1.7B | $1.2B | ||
| Q3 25 | $1.7B | $1.3B | ||
| Q2 25 | $1.7B | $1.4B | ||
| Q1 25 | $1.7B | $1.5B | ||
| Q4 24 | $1.7B | $1.6B | ||
| Q3 24 | $1.8B | $1.6B | ||
| Q2 24 | $1.7B | $1.5B | ||
| Q1 24 | $1.7B | $1.5B |
负债/权益比GBLIRPAY
| Q4 25 | — | 0.58× | ||
| Q3 25 | — | 0.45× | ||
| Q2 25 | — | 0.44× | ||
| Q1 25 | — | 0.66× | ||
| Q4 24 | — | 0.65× | ||
| Q3 24 | — | 0.66× | ||
| Q2 24 | — | 0.53× | ||
| Q1 24 | — | 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 | $9.1M | $23.3M |
| 自由现金流经营现金流 - 资本支出 | — | $23.2M |
| 自由现金流率自由现金流/营收 | — | 29.6% |
| 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 | 1.40× | — |
| 过去12个月自由现金流最近4个季度 | — | $90.7M |
8季度趋势，按日历期对齐
经营现金流GBLIRPAY
| Q4 25 | $9.1M | $23.3M | ||
| Q3 25 | $5.7M | $32.2M | ||
| Q2 25 | $7.0M | $33.1M | ||
| Q1 25 | $2.4M | $2.5M | ||
| Q4 24 | $38.8M | $34.3M | ||
| Q3 24 | $15.3M | $60.1M | ||
| Q2 24 | $14.3M | $31.0M | ||
| Q1 24 | $22.7M | $24.8M |
自由现金流GBLIRPAY
| Q4 25 | — | $23.2M | ||
| Q3 25 | — | $32.1M | ||
| Q2 25 | — | $33.0M | ||
| Q1 25 | — | $2.4M | ||
| Q4 24 | — | $34.0M | ||
| Q3 24 | — | $59.8M | ||
| Q2 24 | — | $30.5M | ||
| Q1 24 | — | $24.7M |
自由现金流率GBLIRPAY
| Q4 25 | — | 29.6% | ||
| Q3 25 | — | 41.3% | ||
| Q2 25 | — | 43.6% | ||
| Q1 25 | — | 3.0% | ||
| Q4 24 | — | 43.5% | ||
| Q3 24 | — | 75.6% | ||
| Q2 24 | — | 40.7% | ||
| Q1 24 | — | 30.6% |
资本支出强度GBLIRPAY
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 0.2% | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 0.3% | ||
| Q2 24 | — | 0.6% | ||
| Q1 24 | — | 0.1% |
现金转化率GBLIRPAY
| Q4 25 | 1.40× | — | ||
| Q3 25 | 0.45× | — | ||
| Q2 25 | 0.68× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 4.30× | — | ||
| Q3 24 | 1.20× | 18.52× | ||
| Q2 24 | 1.41× | — | ||
| Q1 24 | 2.00× | — |
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
GBLI
| Belmont Core | $99.2M | 85% |
| Agency And Insurance Services | $13.8M | 12% |
| Other | $3.7M | 3% |
RPAY
| Sales Channel Directly To Consumer | $69.4M | 88% |
| Other | $6.8M | 9% |
| Sales Channel Through Intermediary | $2.3M | 3% |
