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i3 Verticals, Inc.（IIIV）与RE/MAX Holdings, Inc.（RMAX）财务数据对比。点击上方公司名可切换其他公司
RE/MAX Holdings, Inc.的季度营收约是i3 Verticals, Inc.的1.4倍（$71.1M vs $52.7M），RE/MAX Holdings, Inc.净利率更高（2.0% vs 0.9%，领先1.1%），RE/MAX Holdings, Inc.同比增速更快（-1.8% vs -14.6%），RE/MAX Holdings, Inc.自由现金流更多（$33.5M vs $13.8M），过去两年RE/MAX Holdings, Inc.的营收复合增速更高（-4.7% vs -4.7%）
Prusa i3是捷克Prusa Research公司生产的熔融沉积成型3D打印机系列，以Original Prusa i3为注册商标推出，同时也是RepRap项目的组成部分。2016年该系列就被评为全球使用率最高的3D打印机，最早由Josef Průša在2012年完成设计，2015年正式推出商用套件版本，目前最新型号同时提供散件套件和原厂组装版本，具备性价比高、易操作的优势。
RE/MAX是全球知名的房地产特许经营机构，业务遍布全球一百多个国家和地区，旗下拥有数千家门店，总计超过十万名房产经纪人，在国际房产中介领域拥有极高的品牌知名度与市场影响力。
IIIV vs RMAX — 直观对比
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $52.7M | $71.1M |
| 净利润 | $484.0K | $1.4M |
| 毛利率 | — | — |
| 营业利润率 | 3.1% | 13.1% |
| 净利率 | 0.9% | 2.0% |
| 营收同比 | -14.6% | -1.8% |
| 净利润同比 | -76.5% | -75.2% |
| 每股收益（稀释后） | $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
| Q4 25 | $52.7M | $71.1M | ||
| Q3 25 | $46.0M | $73.2M | ||
| Q2 25 | $51.9M | $72.8M | ||
| Q1 25 | $63.1M | $74.5M | ||
| Q4 24 | $52.2M | $72.5M | ||
| Q3 24 | $32.0M | $78.5M | ||
| Q2 24 | $46.2M | $78.5M | ||
| Q1 24 | $58.0M | $78.3M |
| Q4 25 | $484.0K | $1.4M | ||
| Q3 25 | $3.1M | $4.0M | ||
| Q2 25 | $12.9M | $4.7M | ||
| Q1 25 | $-154.0K | $-2.0M | ||
| Q4 24 | $2.1M | $5.8M | ||
| Q3 24 | $117.9M | $966.0K | ||
| Q2 24 | $-7.5M | $3.7M | ||
| Q1 24 | $1.9M | $-3.4M |
| Q4 25 | 3.1% | 13.1% | ||
| Q3 25 | 3.2% | 25.0% | ||
| Q2 25 | -9.3% | 19.3% | ||
| Q1 25 | 8.0% | 7.2% | ||
| Q4 24 | 3.9% | 5.9% | ||
| Q3 24 | 10.6% | 19.4% | ||
| Q2 24 | -2.8% | 20.6% | ||
| Q1 24 | 3.4% | 5.8% |
| Q4 25 | 0.9% | 2.0% | ||
| Q3 25 | 6.7% | 5.4% | ||
| Q2 25 | 24.8% | 6.4% | ||
| Q1 25 | -0.2% | -2.6% | ||
| Q4 24 | 3.9% | 8.0% | ||
| Q3 24 | 368.2% | 1.2% | ||
| Q2 24 | -16.3% | 4.7% | ||
| Q1 24 | 3.2% | -4.3% |
| Q4 25 | $0.02 | — | ||
| Q3 25 | $0.14 | — | ||
| Q2 25 | $0.50 | — | ||
| Q1 25 | $0.00 | — | ||
| Q4 24 | $0.08 | — | ||
| Q3 24 | $4.93 | — | ||
| Q2 24 | $-0.32 | — | ||
| Q1 24 | $0.08 | — |
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 | $37.5M | $118.7M |
| 总债务越低越好 | — | $432.2M |
| 股东权益账面价值 | $358.5M | $452.4M |
| 总资产 | $595.9M | $582.5M |
| 负债/权益比越低杠杆越低 | — | 0.96× |
8季度趋势，按日历期对齐
| Q4 25 | $37.5M | $118.7M | ||
| Q3 25 | $66.7M | $107.5M | ||
| Q2 25 | $55.5M | $94.3M | ||
| Q1 25 | $7.7M | $89.1M | ||
| Q4 24 | $85.6M | $96.6M | ||
| Q3 24 | $86.5M | $83.8M | ||
| Q2 24 | $9.7M | $66.1M | ||
| Q1 24 | $3.1M | $82.1M |
| Q4 25 | — | $432.2M | ||
| Q3 25 | $0 | $433.3M | ||
| Q2 25 | $0 | $434.4M | ||
| Q1 25 | $12.0M | $435.3M | ||
| Q4 24 | $26.2M | $436.2M | ||
| Q3 24 | $26.2M | $437.2M | ||
| Q2 24 | $374.1M | $438.1M | ||
| Q1 24 | $369.6M | $439.0M |
| Q4 25 | $358.5M | $452.4M | ||
| Q3 25 | $389.6M | $448.1M | ||
| Q2 25 | $383.3M | $442.4M | ||
| Q1 25 | $385.2M | $433.5M | ||
| Q4 24 | $375.0M | $429.5M | ||
| Q3 24 | $379.7M | $423.1M | ||
| Q2 24 | $249.7M | $418.4M | ||
| Q1 24 | $249.3M | $412.0M |
| Q4 25 | $595.9M | $582.5M | ||
| Q3 25 | $638.4M | $582.2M | ||
| Q2 25 | $623.3M | $574.8M | ||
| Q1 25 | $646.4M | $571.4M | ||
| Q4 24 | $726.2M | $581.6M | ||
| Q3 24 | $730.7M | $578.6M | ||
| Q2 24 | $861.7M | $571.4M | ||
| Q1 24 | $625.8M | $566.7M |
| Q4 25 | — | 0.96× | ||
| Q3 25 | 0.00× | 0.97× | ||
| Q2 25 | 0.00× | 0.98× | ||
| Q1 25 | 0.03× | 1.00× | ||
| Q4 24 | 0.07× | 1.02× | ||
| Q3 24 | 0.07× | 1.03× | ||
| Q2 24 | 1.50× | 1.05× | ||
| Q1 24 | 1.48× | 1.07× |
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 | $14.1M | $40.9M |
| 自由现金流经营现金流 - 资本支出 | $13.8M | $33.5M |
| 自由现金流率自由现金流/营收 | 26.2% | 47.1% |
| 资本支出强度资本支出/营收 | 0.6% | 10.4% |
| 现金转化率经营现金流/净利润 | 29.18× | 28.39× |
| 过去12个月自由现金流最近4个季度 | $6.5M | $56.8M |
8季度趋势，按日历期对齐
| Q4 25 | $14.1M | $40.9M | ||
| Q3 25 | $14.0M | $17.7M | ||
| Q2 25 | $7.4M | $4.6M | ||
| Q1 25 | $-27.1M | $5.7M | ||
| Q4 24 | $11.5M | $59.7M | ||
| Q3 24 | $15.1M | $17.6M | ||
| Q2 24 | $8.1M | $15.9M | ||
| Q1 24 | $10.7M | $9.4M |
| Q4 25 | $13.8M | $33.5M | ||
| Q3 25 | $13.5M | $16.4M | ||
| Q2 25 | $6.8M | $2.9M | ||
| Q1 25 | $-27.6M | $4.0M | ||
| Q4 24 | $11.0M | $53.0M | ||
| Q3 24 | $14.6M | $16.3M | ||
| Q2 24 | $7.2M | $14.0M | ||
| Q1 24 | $9.9M | $6.8M |
| Q4 25 | 26.2% | 47.1% | ||
| Q3 25 | 29.5% | 22.4% | ||
| Q2 25 | 13.1% | 4.0% | ||
| Q1 25 | -43.8% | 5.3% | ||
| Q4 24 | 21.1% | 73.2% | ||
| Q3 24 | 45.6% | 20.8% | ||
| Q2 24 | 15.6% | 17.8% | ||
| Q1 24 | 17.1% | 8.6% |
| Q4 25 | 0.6% | 10.4% | ||
| Q3 25 | 0.9% | 1.8% | ||
| Q2 25 | 1.0% | 2.2% | ||
| Q1 25 | 0.8% | 2.3% | ||
| Q4 24 | 0.9% | 9.1% | ||
| Q3 24 | 1.7% | 1.7% | ||
| Q2 24 | 1.9% | 2.4% | ||
| Q1 24 | 1.4% | 3.3% |
| Q4 25 | 29.18× | 28.39× | ||
| Q3 25 | 4.52× | 4.45× | ||
| Q2 25 | 0.57× | 0.97× | ||
| Q1 25 | — | — | ||
| Q4 24 | 5.59× | 10.28× | ||
| Q3 24 | 0.13× | 18.22× | ||
| Q2 24 | — | 4.29× | ||
| Q1 24 | 5.72× | — |
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
IIIV
| License And Service | $35.7M | 68% |
| Proprietary Payments Revenue | $14.5M | 27% |
| Other Revenue | $2.5M | 5% |
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
