vs
i3 Verticals, Inc.（IIIV）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
Repay Holdings Corp的季度营收约是i3 Verticals, Inc.的1.5倍（$78.6M vs $52.7M），i3 Verticals, Inc.净利率更高（0.9% vs -178.3%，领先179.2%），Repay Holdings Corp同比增速更快（0.4% vs -14.6%），Repay Holdings Corp自由现金流更多（$23.2M vs $13.8M），过去两年Repay Holdings Corp的营收复合增速更高（-1.3% 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。
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。
IIIV vs RPAY — 直观对比
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $52.7M | $78.6M |
| 净利润 | $484.0K | $-140.1M |
| 毛利率 | — | 74.2% |
| 营业利润率 | 3.1% | -182.2% |
| 净利率 | 0.9% | -178.3% |
| 营收同比 | -14.6% | 0.4% |
| 净利润同比 | -76.5% | -3304.1% |
| 每股收益（稀释后） | $0.02 | $-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
| Q4 25 | $52.7M | $78.6M | ||
| Q3 25 | $46.0M | $77.7M | ||
| Q2 25 | $51.9M | $75.6M | ||
| Q1 25 | $63.1M | $77.3M | ||
| Q4 24 | $52.2M | $78.3M | ||
| Q3 24 | $32.0M | $79.1M | ||
| Q2 24 | $46.2M | $74.9M | ||
| Q1 24 | $58.0M | $80.7M |
| Q4 25 | $484.0K | $-140.1M | ||
| Q3 25 | $3.1M | $-6.4M | ||
| Q2 25 | $12.9M | $-102.3M | ||
| Q1 25 | $-154.0K | $-7.9M | ||
| Q4 24 | $2.1M | $-4.1M | ||
| Q3 24 | $117.9M | $3.2M | ||
| Q2 24 | $-7.5M | $-4.1M | ||
| Q1 24 | $1.9M | $-5.2M |
| 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% |
| Q4 25 | 3.1% | -182.2% | ||
| Q3 25 | 3.2% | -3.9% | ||
| Q2 25 | -9.3% | -138.7% | ||
| Q1 25 | 8.0% | -4.7% | ||
| Q4 24 | 3.9% | -1.5% | ||
| Q3 24 | 10.6% | -0.9% | ||
| Q2 24 | -2.8% | -4.6% | ||
| Q1 24 | 3.4% | -3.1% |
| Q4 25 | 0.9% | -178.3% | ||
| Q3 25 | 6.7% | -8.3% | ||
| Q2 25 | 24.8% | -135.2% | ||
| Q1 25 | -0.2% | -10.3% | ||
| Q4 24 | 3.9% | -5.3% | ||
| Q3 24 | 368.2% | 4.1% | ||
| Q2 24 | -16.3% | -5.4% | ||
| Q1 24 | 3.2% | -6.5% |
| Q4 25 | $0.02 | $-1.68 | ||
| Q3 25 | $0.14 | $-0.08 | ||
| Q2 25 | $0.50 | $-1.15 | ||
| Q1 25 | $0.00 | $-0.09 | ||
| Q4 24 | $0.08 | $-0.04 | ||
| Q3 24 | $4.93 | $0.03 | ||
| Q2 24 | $-0.32 | $-0.04 | ||
| Q1 24 | $0.08 | $-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 | $37.5M | $115.7M |
| 总债务越低越好 | — | $280.1M |
| 股东权益账面价值 | $358.5M | $484.4M |
| 总资产 | $595.9M | $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
| Q4 25 | $37.5M | $115.7M | ||
| Q3 25 | $66.7M | $95.7M | ||
| Q2 25 | $55.5M | $162.6M | ||
| Q1 25 | $7.7M | $165.5M | ||
| Q4 24 | $85.6M | $189.5M | ||
| Q3 24 | $86.5M | $168.7M | ||
| Q2 24 | $9.7M | $147.1M | ||
| Q1 24 | $3.1M | $128.3M |
| Q4 25 | — | $280.1M | ||
| Q3 25 | $0 | $279.5M | ||
| Q2 25 | $0 | $279.0M | ||
| Q1 25 | $12.0M | $497.6M | ||
| Q4 24 | $26.2M | $496.8M | ||
| Q3 24 | $26.2M | $496.2M | ||
| Q2 24 | $374.1M | $435.6M | ||
| Q1 24 | $369.6M | $434.9M |
| Q4 25 | $358.5M | $484.4M | ||
| Q3 25 | $389.6M | $616.9M | ||
| Q2 25 | $383.3M | $633.7M | ||
| Q1 25 | $385.2M | $755.7M | ||
| Q4 24 | $375.0M | $761.3M | ||
| Q3 24 | $379.7M | $754.7M | ||
| Q2 24 | $249.7M | $815.4M | ||
| Q1 24 | $249.3M | $813.8M |
| Q4 25 | $595.9M | $1.2B | ||
| Q3 25 | $638.4M | $1.3B | ||
| Q2 25 | $623.3M | $1.4B | ||
| Q1 25 | $646.4M | $1.5B | ||
| Q4 24 | $726.2M | $1.6B | ||
| Q3 24 | $730.7M | $1.6B | ||
| Q2 24 | $861.7M | $1.5B | ||
| Q1 24 | $625.8M | $1.5B |
| Q4 25 | — | 0.58× | ||
| Q3 25 | 0.00× | 0.45× | ||
| Q2 25 | 0.00× | 0.44× | ||
| Q1 25 | 0.03× | 0.66× | ||
| Q4 24 | 0.07× | 0.65× | ||
| Q3 24 | 0.07× | 0.66× | ||
| Q2 24 | 1.50× | 0.53× | ||
| Q1 24 | 1.48× | 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 | $14.1M | $23.3M |
| 自由现金流经营现金流 - 资本支出 | $13.8M | $23.2M |
| 自由现金流率自由现金流/营收 | 26.2% | 29.6% |
| 资本支出强度资本支出/营收 | 0.6% | 0.1% |
| 现金转化率经营现金流/净利润 | 29.18× | — |
| 过去12个月自由现金流最近4个季度 | $6.5M | $90.7M |
8季度趋势，按日历期对齐
| Q4 25 | $14.1M | $23.3M | ||
| Q3 25 | $14.0M | $32.2M | ||
| Q2 25 | $7.4M | $33.1M | ||
| Q1 25 | $-27.1M | $2.5M | ||
| Q4 24 | $11.5M | $34.3M | ||
| Q3 24 | $15.1M | $60.1M | ||
| Q2 24 | $8.1M | $31.0M | ||
| Q1 24 | $10.7M | $24.8M |
| Q4 25 | $13.8M | $23.2M | ||
| Q3 25 | $13.5M | $32.1M | ||
| Q2 25 | $6.8M | $33.0M | ||
| Q1 25 | $-27.6M | $2.4M | ||
| Q4 24 | $11.0M | $34.0M | ||
| Q3 24 | $14.6M | $59.8M | ||
| Q2 24 | $7.2M | $30.5M | ||
| Q1 24 | $9.9M | $24.7M |
| Q4 25 | 26.2% | 29.6% | ||
| Q3 25 | 29.5% | 41.3% | ||
| Q2 25 | 13.1% | 43.6% | ||
| Q1 25 | -43.8% | 3.0% | ||
| Q4 24 | 21.1% | 43.5% | ||
| Q3 24 | 45.6% | 75.6% | ||
| Q2 24 | 15.6% | 40.7% | ||
| Q1 24 | 17.1% | 30.6% |
| Q4 25 | 0.6% | 0.1% | ||
| Q3 25 | 0.9% | 0.2% | ||
| Q2 25 | 1.0% | 0.1% | ||
| Q1 25 | 0.8% | 0.2% | ||
| Q4 24 | 0.9% | 0.3% | ||
| Q3 24 | 1.7% | 0.3% | ||
| Q2 24 | 1.9% | 0.6% | ||
| Q1 24 | 1.4% | 0.1% |
| Q4 25 | 29.18× | — | ||
| Q3 25 | 4.52× | — | ||
| Q2 25 | 0.57× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 5.59× | — | ||
| Q3 24 | 0.13× | 18.52× | ||
| Q2 24 | — | — | ||
| 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% |
RPAY
| Sales Channel Directly To Consumer | $69.4M | 88% |
| Other | $6.8M | 9% |
| Sales Channel Through Intermediary | $2.3M | 3% |
