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LiveWire Group, Inc.（LVWR）与High Roller Technologies, Inc.（ROLR）财务数据对比。点击上方公司名可切换其他公司
LiveWire Group, Inc.的季度营收约是High Roller Technologies, Inc.的1.8倍（$11.4M vs $6.3M），High Roller Technologies, Inc.净利率更高（58.4% vs -155.2%，领先213.6%），LiveWire Group, Inc.同比增速更快（5.5% vs -16.4%），High Roller Technologies, Inc.自由现金流更多（$-90.0K vs $-8.9M）
LiveWire集团是美国的电动摩托车制造商，该品牌最初于2021年7月作为哈雷戴维森旗下专属电动出行部门推出，2022年9月27日通过与特殊目的收购公司合并完成分拆，从母公司独立后上市，是美国第一家上市的电动摩托车企业。
该企业主营游乐设施业务，凭借气动驱动技术打造各类游乐设备，专业从事过山车设计研发，在游乐设施设计制造领域拥有相关技术积累与行业经验。
LVWR vs ROLR — 直观对比
营收规模更大
LVWR
是对方的1.8倍
$6.3M
营收增速更快
LVWR
高出22.0%
-16.4%
净利率更高
ROLR
高出213.6%
-155.2%
自由现金流更多
ROLR
多$8.8M
$-8.9M
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $11.4M | $6.3M |
| 净利润 | $-17.6M | $3.7M |
| 毛利率 | 0.8% | — |
| 营业利润率 | -156.2% | 1.3% |
| 净利率 | -155.2% | 58.4% |
| 营收同比 | 5.5% | -16.4% |
| 净利润同比 | 22.6% | 831.9% |
| 每股收益（稀释后） | $-0.09 | $0.39 |
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LVWRROLR
| Q4 25 | $11.4M | — | ||
| Q3 25 | $5.7M | $6.3M | ||
| Q2 25 | $5.9M | $6.9M | ||
| Q1 25 | $2.7M | $6.8M | ||
| Q4 24 | $10.8M | — | ||
| Q3 24 | $4.4M | $7.5M | ||
| Q2 24 | $6.4M | — | ||
| Q1 24 | $5.0M | — |
净利润LVWRROLR
| Q4 25 | $-17.6M | — | ||
| Q3 25 | $-19.4M | $3.7M | ||
| Q2 25 | $-18.8M | $-592.0K | ||
| Q1 25 | $-19.3M | $-3.3M | ||
| Q4 24 | $-22.8M | — | ||
| Q3 24 | $-22.7M | $-501.0K | ||
| Q2 24 | $-24.8M | — | ||
| Q1 24 | $-23.6M | — |
毛利率LVWRROLR
| Q4 25 | 0.8% | — | ||
| Q3 25 | -50.9% | — | ||
| Q2 25 | 9.3% | — | ||
| Q1 25 | -79.0% | — | ||
| Q4 24 | -49.8% | — | ||
| Q3 24 | -34.2% | — | ||
| Q2 24 | -27.6% | — | ||
| Q1 24 | -82.9% | — |
营业利润率LVWRROLR
| Q4 25 | -156.2% | — | ||
| Q3 25 | -330.0% | 1.3% | ||
| Q2 25 | -311.0% | -7.2% | ||
| Q1 25 | -753.4% | -47.4% | ||
| Q4 24 | -234.6% | — | ||
| Q3 24 | -596.7% | -6.3% | ||
| Q2 24 | -436.7% | — | ||
| Q1 24 | -611.1% | — |
净利率LVWRROLR
| Q4 25 | -155.2% | — | ||
| Q3 25 | -340.2% | 58.4% | ||
| Q2 25 | -320.6% | -8.5% | ||
| Q1 25 | -702.6% | -48.4% | ||
| Q4 24 | -211.7% | — | ||
| Q3 24 | -510.6% | -6.7% | ||
| Q2 24 | -384.6% | — | ||
| Q1 24 | -475.0% | — |
每股收益（稀释后）LVWRROLR
| Q4 25 | $-0.09 | — | ||
| Q3 25 | $-0.10 | $0.39 | ||
| Q2 25 | $-0.09 | $-0.07 | ||
| Q1 25 | $-0.09 | $-0.39 | ||
| Q4 24 | $-0.11 | — | ||
| Q3 24 | $-0.11 | $-0.07 | ||
| Q2 24 | $-0.12 | — | ||
| Q1 24 | $-0.12 | — |
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 | $82.8M | $2.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $46.0M | $6.6M |
| 总资产 | $146.4M | $16.0M |
| 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LVWRROLR
| Q4 25 | $82.8M | — | ||
| Q3 25 | $16.3M | $2.7M | ||
| Q2 25 | $29.3M | $2.7M | ||
| Q1 25 | $46.2M | $3.5M | ||
| Q4 24 | $64.4M | — | ||
| Q3 24 | $88.4M | $1.3M | ||
| Q2 24 | $113.0M | — | ||
| Q1 24 | $141.0M | — |
股东权益LVWRROLR
| Q4 25 | $46.0M | — | ||
| Q3 25 | $61.8M | $6.6M | ||
| Q2 25 | $79.7M | $2.6M | ||
| Q1 25 | $97.2M | $2.8M | ||
| Q4 24 | $115.1M | — | ||
| Q3 24 | $137.7M | $-779.0K | ||
| Q2 24 | $159.0M | — | ||
| Q1 24 | $183.8M | — |
总资产LVWRROLR
| Q4 25 | $146.4M | — | ||
| Q3 25 | $89.2M | $16.0M | ||
| Q2 25 | $109.8M | $12.3M | ||
| Q1 25 | $128.3M | $12.8M | ||
| Q4 24 | $148.0M | — | ||
| Q3 24 | $178.3M | $12.9M | ||
| Q2 24 | $204.9M | — | ||
| Q1 24 | $237.1M | — |
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 | $-7.9M | $-78.0K |
| 自由现金流经营现金流 - 资本支出 | $-8.9M | $-90.0K |
| 自由现金流率自由现金流/营收 | -78.7% | -1.4% |
| 资本支出强度资本支出/营收 | 9.1% | 0.2% |
| 现金转化率经营现金流/净利润 | — | -0.02× |
| 过去12个月自由现金流最近4个季度 | $-57.4M | — |
8季度趋势，按日历期对齐
经营现金流LVWRROLR
| Q4 25 | $-7.9M | — | ||
| Q3 25 | $-13.3M | $-78.0K | ||
| Q2 25 | $-14.9M | $-840.0K | ||
| Q1 25 | $-17.5M | $-3.6M | ||
| Q4 24 | $-21.9M | — | ||
| Q3 24 | $-23.1M | — | ||
| Q2 24 | $-26.0M | — | ||
| Q1 24 | $-22.9M | — |
自由现金流LVWRROLR
| Q4 25 | $-8.9M | — | ||
| Q3 25 | $-14.0M | $-90.0K | ||
| Q2 25 | $-16.3M | $-845.0K | ||
| Q1 25 | $-18.1M | $-3.6M | ||
| Q4 24 | $-23.3M | — | ||
| Q3 24 | $-24.7M | — | ||
| Q2 24 | $-27.8M | — | ||
| Q1 24 | $-26.2M | — |
自由现金流率LVWRROLR
| Q4 25 | -78.7% | — | ||
| Q3 25 | -245.9% | -1.4% | ||
| Q2 25 | -277.7% | -12.2% | ||
| Q1 25 | -660.0% | -53.5% | ||
| Q4 24 | -216.3% | — | ||
| Q3 24 | -555.3% | — | ||
| Q2 24 | -431.1% | — | ||
| Q1 24 | -525.6% | — |
资本支出强度LVWRROLR
| Q4 25 | 9.1% | — | ||
| Q3 25 | 12.9% | 0.2% | ||
| Q2 25 | 24.3% | 0.1% | ||
| Q1 25 | 22.3% | 0.2% | ||
| Q4 24 | 13.1% | — | ||
| Q3 24 | 35.6% | — | ||
| Q2 24 | 28.5% | — | ||
| Q1 24 | 65.1% | — |
现金转化率LVWRROLR
| 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
LVWR
| STACYC Segment | $7.5M | 66% |
| Other | $3.8M | 34% |
ROLR
| Net Gaming Revenue | $4.9M | 77% |
| Net Revenue Noncore Services | $1.4M | 23% |
