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LiveOne, Inc.（LVO）与Rumble Inc.（RUM）财务数据对比。点击上方公司名可切换其他公司
Rumble Inc.的季度营收约是LiveOne, Inc.的1.3倍（$27.1M vs $20.3M），LiveOne, Inc.净利率更高（-20.1% vs -120.8%，领先100.7%），Rumble Inc.同比增速更快（-10.5% vs -31.2%），LiveOne, Inc.自由现金流更多（$-2.9M vs $-31.7M），过去两年Rumble Inc.的营收复合增速更高（15.2% vs -19.0%）
Live Nation Entertainment是一家美国跨国娱乐企业，2010年由原Live Nation与Ticketmaster合并成立。目前两大品牌仍作为子品牌独立运营，业务覆盖全球现场娱乐演出推广与票务销售，同时自营多座娱乐场馆，也提供艺人经纪管理服务。
Rumble Inc.是一家加美跨国企业，主营在线视频平台、网络托管及云服务，总部位于加拿大多伦多，美国总部设在佛罗里达州朗博特基。公司由加拿大科技创业者克里斯·帕夫洛夫斯基于2013年创立，云服务板块为Truth Social提供托管支持，其视频平台在美国保守派及极右翼用户群体中广受欢迎，属于“另类科技”阵营。
LVO vs RUM — 直观对比
营收规模更大
RUM
是对方的1.3倍
$20.3M
营收增速更快
RUM
高出20.8%
-31.2%
净利率更高
LVO
高出100.7%
-120.8%
自由现金流更多
LVO
多$28.8M
$-31.7M
两年增速更快
RUM
近两年复合增速
-19.0%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $20.3M | $27.1M |
| 净利润 | $-4.1M | $-32.7M |
| 毛利率 | 18.8% | 5.5% |
| 营业利润率 | -9.6% | -131.1% |
| 净利率 | -20.1% | -120.8% |
| 营收同比 | -31.2% | -10.5% |
| 净利润同比 | 22.3% | 86.2% |
| 每股收益（稀释后） | — | $-0.13 |
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LVORUM
| Q4 25 | $20.3M | $27.1M | ||
| Q3 25 | $18.8M | $24.8M | ||
| Q2 25 | $19.2M | — | ||
| Q1 25 | $19.3M | $23.7M | ||
| Q4 24 | $29.4M | $30.2M | ||
| Q3 24 | $32.6M | $25.1M | ||
| Q2 24 | $33.1M | $22.5M | ||
| Q1 24 | $30.9M | $17.7M |
净利润LVORUM
| Q4 25 | $-4.1M | $-32.7M | ||
| Q3 25 | $-5.5M | $-16.3M | ||
| Q2 25 | $-3.6M | — | ||
| Q1 25 | $-10.4M | $-2.7M | ||
| Q4 24 | $-5.2M | $-236.8M | ||
| Q3 24 | $-1.9M | $-31.5M | ||
| Q2 24 | $-1.2M | $-26.8M | ||
| Q1 24 | $-2.3M | $-43.3M |
毛利率LVORUM
| Q4 25 | 18.8% | 5.5% | ||
| Q3 25 | 13.8% | -1.8% | ||
| Q2 25 | 12.4% | — | ||
| Q1 25 | 30.8% | -26.7% | ||
| Q4 24 | 24.3% | -14.2% | ||
| Q3 24 | 24.8% | -45.4% | ||
| Q2 24 | 24.2% | -58.8% | ||
| Q1 24 | 25.5% | -79.5% |
营业利润率LVORUM
| Q4 25 | -9.6% | -131.1% | ||
| Q3 25 | -24.4% | -113.6% | ||
| Q2 25 | -21.0% | — | ||
| Q1 25 | -55.8% | -153.5% | ||
| Q4 24 | -17.4% | -80.1% | ||
| Q3 24 | -4.3% | -131.0% | ||
| Q2 24 | -2.4% | -172.7% | ||
| Q1 24 | -3.7% | -197.4% |
净利率LVORUM
| Q4 25 | -20.1% | -120.8% | ||
| Q3 25 | -29.5% | -65.7% | ||
| Q2 25 | -18.7% | — | ||
| Q1 25 | -54.2% | -11.2% | ||
| Q4 24 | -17.8% | -783.2% | ||
| Q3 24 | -5.7% | -125.9% | ||
| Q2 24 | -3.5% | -119.2% | ||
| Q1 24 | -7.4% | -244.1% |
每股收益（稀释后）LVORUM
| Q4 25 | — | $-0.13 | ||
| Q3 25 | — | $-0.06 | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $-0.01 | ||
| Q4 24 | — | $-1.17 | ||
| Q3 24 | — | $-0.15 | ||
| Q2 24 | — | $-0.13 | ||
| Q1 24 | — | $-0.21 |
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 | $8.6M | $237.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $-19.0M | $274.8M |
| 总资产 | $52.3M | $336.8M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资LVORUM
| Q4 25 | $8.6M | $237.9M | ||
| Q3 25 | $11.7M | $269.8M | ||
| Q2 25 | $11.9M | — | ||
| Q1 25 | $4.1M | $301.3M | ||
| Q4 24 | $10.9M | $114.0M | ||
| Q3 24 | $11.1M | $132.0M | ||
| Q2 24 | $6.2M | $154.2M | ||
| Q1 24 | $7.0M | $183.8M |
股东权益LVORUM
| Q4 25 | $-19.0M | $274.8M | ||
| Q3 25 | $-16.2M | $302.2M | ||
| Q2 25 | $-20.8M | — | ||
| Q1 25 | $-17.8M | $339.6M | ||
| Q4 24 | $-8.4M | $-63.1M | ||
| Q3 24 | $-4.7M | $166.1M | ||
| Q2 24 | $-3.8M | $192.7M | ||
| Q1 24 | $-8.7M | $210.7M |
总资产LVORUM
| Q4 25 | $52.3M | $336.8M | ||
| Q3 25 | $53.8M | $367.2M | ||
| Q2 25 | $48.9M | — | ||
| Q1 25 | $40.5M | $391.1M | ||
| Q4 24 | $56.2M | $195.3M | ||
| Q3 24 | $67.2M | $217.2M | ||
| Q2 24 | $64.6M | $243.2M | ||
| Q1 24 | $63.9M | $263.0M |
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 | $-2.3M | $-29.4M |
| 自由现金流经营现金流 - 资本支出 | $-2.9M | $-31.7M |
| 自由现金流率自由现金流/营收 | -14.4% | -117.2% |
| 资本支出强度资本支出/营收 | 3.2% | 8.5% |
| 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 | $-16.2M | $-70.8M |
8季度趋势，按日历期对齐
经营现金流LVORUM
| Q4 25 | $-2.3M | $-29.4M | ||
| Q3 25 | $-3.2M | $-10.6M | ||
| Q2 25 | $-3.0M | — | ||
| Q1 25 | $-4.3M | $-14.5M | ||
| Q4 24 | $3.5M | $-12.4M | ||
| Q3 24 | $5.8M | $-19.1M | ||
| Q2 24 | $1.3M | $-21.7M | ||
| Q1 24 | $3.0M | $-33.9M |
自由现金流LVORUM
| Q4 25 | $-2.9M | $-31.7M | ||
| Q3 25 | $-4.0M | $-12.0M | ||
| Q2 25 | $-4.1M | — | ||
| Q1 25 | $-5.2M | $-14.6M | ||
| Q4 24 | $2.7M | $-12.4M | ||
| Q3 24 | $5.2M | $-19.9M | ||
| Q2 24 | $606.0K | $-23.1M | ||
| Q1 24 | $2.1M | $-34.3M |
自由现金流率LVORUM
| Q4 25 | -14.4% | -117.2% | ||
| Q3 25 | -21.5% | -48.6% | ||
| Q2 25 | -21.2% | — | ||
| Q1 25 | -26.9% | -61.7% | ||
| Q4 24 | 9.2% | -40.9% | ||
| Q3 24 | 15.9% | -79.5% | ||
| Q2 24 | 1.8% | -102.8% | ||
| Q1 24 | 6.8% | -193.3% |
资本支出强度LVORUM
| Q4 25 | 3.2% | 8.5% | ||
| Q3 25 | 4.4% | 5.7% | ||
| Q2 25 | 5.3% | — | ||
| Q1 25 | 4.8% | 0.6% | ||
| Q4 24 | 2.7% | 0.1% | ||
| Q3 24 | 1.8% | 3.4% | ||
| Q2 24 | 2.2% | 6.1% | ||
| Q1 24 | 3.1% | 2.4% |
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
LVO
| Advertising | $15.8M | 78% |
| Membership Services | $2.9M | 14% |
| Merchandising Revenue | $1.6M | 8% |
RUM
| Audience Monetization | $23.8M | 88% |
| Other Initiatives | $3.3M | 12% |
