vs
Heritage Distilling Holding Company, Inc.（IPST）与Vivos Therapeutics, Inc.（VVOS）财务数据对比。点击上方公司名可切换其他公司
Heritage Distilling Holding Company, Inc.的季度营收约是Vivos Therapeutics, Inc.的1.2倍（$4.7M vs $3.8M），Vivos Therapeutics, Inc.净利率更高（-180.3% vs -6862.0%，领先6681.7%）
纽波特工艺酿酒蒸馏公司位于美国罗德岛州纽波特，1999年以滨海极限酿酒公司之名成立，是纽波特首家精酿微酿酒厂，2006年新增蒸馏业务，2018年改用现名以体现综合生产定位，目前生产多种啤酒与烈酒产品，分销网络覆盖美国东北部地区。
Beam Therapeutics是一家总部位于美国马萨诸塞州剑桥市的美国生物技术企业，专注于基因疗法与基因编辑领域的研发工作。公司依托CRISPR碱基编辑和引导编辑技术开发疗法，可在不产生DNA双链断裂的情况下，对DNA序列中的单个核苷酸进行酶修饰。
IPST vs VVOS — 直观对比
营收规模更大
IPST
是对方的1.2倍
$3.8M
净利率更高
VVOS
高出6681.7%
-6862.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.7M | $3.8M |
| 净利润 | $-323.7M | $-6.9M |
| 毛利率 | 68.5% | 78.1% |
| 营业利润率 | -2622.6% | -166.8% |
| 净利率 | -6862.0% | -180.3% |
| 营收同比 | — | 3.4% |
| 净利润同比 | — | -143.8% |
| 每股收益（稀释后） | $-31.89 | $-0.58 |
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IPSTVVOS
| Q4 25 | $4.7M | $3.8M | ||
| Q3 25 | $3.0M | $6.8M | ||
| Q2 25 | $1.3M | $3.8M | ||
| Q1 25 | $1.1M | $3.0M | ||
| Q4 24 | — | $3.7M | ||
| Q3 24 | $1.8M | $3.9M | ||
| Q2 24 | — | $4.1M | ||
| Q1 24 | — | $3.4M |
净利润IPSTVVOS
| Q4 25 | $-323.7M | $-6.9M | ||
| Q3 25 | $196.3M | $-5.4M | ||
| Q2 25 | $-7.3M | $-5.0M | ||
| Q1 25 | $-3.0M | $-3.9M | ||
| Q4 24 | — | $-2.8M | ||
| Q3 24 | $-3.4M | $-2.6M | ||
| Q2 24 | — | $-1.9M | ||
| Q1 24 | — | $-3.8M |
毛利率IPSTVVOS
| Q4 25 | 68.5% | 78.1% | ||
| Q3 25 | 61.3% | 58.0% | ||
| Q2 25 | 17.2% | 55.2% | ||
| Q1 25 | 24.9% | 50.0% | ||
| Q4 24 | — | 56.7% | ||
| Q3 24 | 35.8% | 60.5% | ||
| Q2 24 | — | 65.4% | ||
| Q1 24 | — | 56.7% |
营业利润率IPSTVVOS
| Q4 25 | -2622.6% | -166.8% | ||
| Q3 25 | -38.4% | -69.8% | ||
| Q2 25 | -503.0% | -127.4% | ||
| Q1 25 | -224.5% | -129.9% | ||
| Q4 24 | — | -75.9% | ||
| Q3 24 | -118.1% | -68.5% | ||
| Q2 24 | — | -47.8% | ||
| Q1 24 | — | -110.7% |
净利率IPSTVVOS
| Q4 25 | -6862.0% | -180.3% | ||
| Q3 25 | 6566.2% | -79.6% | ||
| Q2 25 | -551.9% | -131.2% | ||
| Q1 25 | -277.8% | -128.1% | ||
| Q4 24 | — | -76.4% | ||
| Q3 24 | -194.9% | -67.8% | ||
| Q2 24 | — | -47.6% | ||
| Q1 24 | — | -110.1% |
每股收益（稀释后）IPSTVVOS
| Q4 25 | $-31.89 | $-0.58 | ||
| Q3 25 | $16.97 | $-0.49 | ||
| Q2 25 | $-0.77 | $-0.55 | ||
| Q1 25 | $-0.34 | $-0.45 | ||
| Q4 24 | — | $0.41 | ||
| Q3 24 | $-160.41 | $-0.40 | ||
| Q2 24 | — | $-0.60 | ||
| Q1 24 | — | $-1.63 |
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 | — | $2.0M |
| 总债务越低越好 | $2.6M | $2.9M |
| 股东权益账面价值 | $98.2M | $-1.5M |
| 总资产 | $108.8M | $25.2M |
| 负债/权益比越低杠杆越低 | 0.03× | — |
8季度趋势，按日历期对齐
现金及短期投资IPSTVVOS
| Q4 25 | — | $2.0M | ||
| Q3 25 | — | $3.1M | ||
| Q2 25 | — | $4.4M | ||
| Q1 25 | — | $2.3M | ||
| Q4 24 | — | $6.3M | ||
| Q3 24 | — | $6.3M | ||
| Q2 24 | — | $6.9M | ||
| Q1 24 | — | $2.6M |
总债务IPSTVVOS
| Q4 25 | $2.6M | $2.9M | ||
| Q3 25 | $2.6M | — | ||
| Q2 25 | $13.0M | — | ||
| Q1 25 | $13.0M | — | ||
| Q4 24 | — | $1.2M | ||
| Q3 24 | $15.0M | $1.2M | ||
| Q2 24 | — | $1.2M | ||
| Q1 24 | — | — |
股东权益IPSTVVOS
| Q4 25 | $98.2M | $-1.5M | ||
| Q3 25 | $420.4M | $2.5M | ||
| Q2 25 | $-2.9M | $4.6M | ||
| Q1 25 | $-329.0K | $4.4M | ||
| Q4 24 | — | $8.0M | ||
| Q3 24 | $-34.0M | $7.7M | ||
| Q2 24 | — | $6.3M | ||
| Q1 24 | — | $582.0K |
总资产IPSTVVOS
| Q4 25 | $108.8M | $25.2M | ||
| Q3 25 | $482.8M | $25.6M | ||
| Q2 25 | $26.5M | $26.0M | ||
| Q1 25 | $27.1M | $11.3M | ||
| Q4 24 | — | $15.3M | ||
| Q3 24 | $31.1M | $15.3M | ||
| Q2 24 | — | $15.8M | ||
| Q1 24 | — | $11.8M |
负债/权益比IPSTVVOS
| Q4 25 | 0.03× | — | ||
| Q3 25 | 0.01× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.15× | ||
| Q3 24 | — | 0.16× | ||
| Q2 24 | — | 0.19× | ||
| Q1 24 | — | — |
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 | $-7.5M | $-3.8M |
| 自由现金流经营现金流 - 资本支出 | — | $-5.3M |
| 自由现金流率自由现金流/营收 | — | -139.7% |
| 资本支出强度资本支出/营收 | 0.0% | 40.0% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $-17.8M |
8季度趋势，按日历期对齐
经营现金流IPSTVVOS
| Q4 25 | $-7.5M | $-3.8M | ||
| Q3 25 | $-4.3M | $-4.2M | ||
| Q2 25 | $-1.5M | $-3.5M | ||
| Q1 25 | $-2.0M | $-3.8M | ||
| Q4 24 | — | $-2.9M | ||
| Q3 24 | — | $-4.2M | ||
| Q2 24 | — | $-3.0M | ||
| Q1 24 | — | $-2.5M |
自由现金流IPSTVVOS
| Q4 25 | — | $-5.3M | ||
| Q3 25 | $-4.3M | $-4.2M | ||
| Q2 25 | $-1.5M | $-4.3M | ||
| Q1 25 | $-2.0M | $-3.9M | ||
| Q4 24 | — | $-3.1M | ||
| Q3 24 | — | $-4.4M | ||
| Q2 24 | — | $-3.1M | ||
| Q1 24 | — | $-2.7M |
自由现金流率IPSTVVOS
| Q4 25 | — | -139.7% | ||
| Q3 25 | -144.7% | -62.6% | ||
| Q2 25 | -115.3% | -111.6% | ||
| Q1 25 | -187.6% | -129.9% | ||
| Q4 24 | — | -84.0% | ||
| Q3 24 | — | -113.4% | ||
| Q2 24 | — | -76.7% | ||
| Q1 24 | — | -78.0% |
资本支出强度IPSTVVOS
| Q4 25 | 0.0% | 40.0% | ||
| Q3 25 | 1.5% | 1.2% | ||
| Q2 25 | 0.9% | 20.2% | ||
| Q1 25 | 1.6% | 4.0% | ||
| Q4 24 | — | 4.5% | ||
| Q3 24 | — | 5.0% | ||
| Q2 24 | — | 1.5% | ||
| Q1 24 | — | 4.4% |
现金转化率IPSTVVOS
| Q4 25 | — | — | ||
| Q3 25 | -0.02× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| 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
IPST
| Direct To Consumer | $3.0M | 63% |
| Wholesale | $1.2M | 26% |
| Other | $517.7K | 11% |
VVOS
| Services | $3.2M | 84% |
| Products | $594.0K | 16% |
