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Lifeway Foods, Inc.（LWAY）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Lifeway Foods, Inc.的1.4倍（$78.6M vs $55.4M），Lifeway Foods, Inc.净利率更高（4.6% vs -178.3%，领先182.9%），Lifeway Foods, Inc.同比增速更快（18.0% vs 0.4%），Repay Holdings Corp自由现金流更多（$23.2M vs $-17.4M），过去两年Lifeway Foods, Inc.的营收复合增速更高（11.4% vs -1.3%）
来福威食品公司是一家总部位于美国伊利诺伊州的健康食品企业，成立于1986年，是美国业内领先的开菲尔发酵益生菌产品供应商，这类产品主要用于调节人体微生物群平衡。
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。
LWAY vs RPAY — 直观对比
营收规模更大
RPAY
是对方的1.4倍
$55.4M
营收增速更快
LWAY
高出17.6%
0.4%
净利率更高
LWAY
高出182.9%
-178.3%
自由现金流更多
RPAY
多$40.6M
$-17.4M
两年增速更快
LWAY
近两年复合增速
-1.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $55.4M | $78.6M |
| 净利润 | $2.5M | $-140.1M |
| 毛利率 | 27.8% | 74.2% |
| 营业利润率 | 6.8% | -182.2% |
| 净利率 | 4.6% | -178.3% |
| 营收同比 | 18.0% | 0.4% |
| 净利润同比 | 1688.1% | -3304.1% |
| 每股收益（稀释后） | $0.15 | $-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
营收LWAYRPAY
| Q4 25 | $55.4M | $78.6M | ||
| Q3 25 | $57.1M | $77.7M | ||
| Q2 25 | $53.9M | $75.6M | ||
| Q1 25 | $46.1M | $77.3M | ||
| Q4 24 | $46.9M | $78.3M | ||
| Q3 24 | $46.1M | $79.1M | ||
| Q2 24 | $49.2M | $74.9M | ||
| Q1 24 | $44.6M | $80.7M |
净利润LWAYRPAY
| Q4 25 | $2.5M | $-140.1M | ||
| Q3 25 | $3.5M | $-6.4M | ||
| Q2 25 | $4.2M | $-102.3M | ||
| Q1 25 | $3.5M | $-7.9M | ||
| Q4 24 | $-160.0K | $-4.1M | ||
| Q3 24 | $3.0M | $3.2M | ||
| Q2 24 | $3.8M | $-4.1M | ||
| Q1 24 | $2.4M | $-5.2M |
毛利率LWAYRPAY
| Q4 25 | 27.8% | 74.2% | ||
| Q3 25 | 28.7% | 74.4% | ||
| Q2 25 | 28.6% | 75.7% | ||
| Q1 25 | 23.9% | 75.9% | ||
| Q4 24 | 25.3% | 76.3% | ||
| Q3 24 | 25.7% | 77.8% | ||
| Q2 24 | 27.0% | 78.2% | ||
| Q1 24 | 25.8% | 76.2% |
营业利润率LWAYRPAY
| Q4 25 | 6.8% | -182.2% | ||
| Q3 25 | 8.8% | -3.9% | ||
| Q2 25 | 10.8% | -138.7% | ||
| Q1 25 | 3.4% | -4.7% | ||
| Q4 24 | 1.5% | -1.5% | ||
| Q3 24 | 9.1% | -0.9% | ||
| Q2 24 | 11.0% | -4.6% | ||
| Q1 24 | 8.0% | -3.1% |
净利率LWAYRPAY
| Q4 25 | 4.6% | -178.3% | ||
| Q3 25 | 6.2% | -8.3% | ||
| Q2 25 | 7.9% | -135.2% | ||
| Q1 25 | 7.7% | -10.3% | ||
| Q4 24 | -0.3% | -5.3% | ||
| Q3 24 | 6.5% | 4.1% | ||
| Q2 24 | 7.7% | -5.4% | ||
| Q1 24 | 5.4% | -6.5% |
每股收益（稀释后）LWAYRPAY
| Q4 25 | $0.15 | $-1.68 | ||
| Q3 25 | $0.23 | $-0.08 | ||
| Q2 25 | $0.28 | $-1.15 | ||
| Q1 25 | $0.23 | $-0.09 | ||
| Q4 24 | $0.00 | $-0.04 | ||
| Q3 24 | $0.19 | $0.03 | ||
| Q2 24 | $0.25 | $-0.04 | ||
| Q1 24 | $0.16 | $-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 | $5.6M | $115.7M |
| 总债务越低越好 | — | $280.1M |
| 股东权益账面价值 | $85.8M | $484.4M |
| 总资产 | $105.6M | $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
现金及短期投资LWAYRPAY
| Q4 25 | $5.6M | $115.7M | ||
| Q3 25 | $23.0M | $95.7M | ||
| Q2 25 | $21.2M | $162.6M | ||
| Q1 25 | $19.4M | $165.5M | ||
| Q4 24 | $16.7M | $189.5M | ||
| Q3 24 | $20.6M | $168.7M | ||
| Q2 24 | $14.6M | $147.1M | ||
| Q1 24 | $12.0M | $128.3M |
总债务LWAYRPAY
| Q4 25 | — | $280.1M | ||
| Q3 25 | — | $279.5M | ||
| Q2 25 | — | $279.0M | ||
| Q1 25 | — | $497.6M | ||
| Q4 24 | — | $496.8M | ||
| Q3 24 | — | $496.2M | ||
| Q2 24 | — | $435.6M | ||
| Q1 24 | $2.5M | $434.9M |
股东权益LWAYRPAY
| Q4 25 | $85.8M | $484.4M | ||
| Q3 25 | $82.8M | $616.9M | ||
| Q2 25 | $78.7M | $633.7M | ||
| Q1 25 | $74.2M | $755.7M | ||
| Q4 24 | $71.9M | $761.3M | ||
| Q3 24 | $71.5M | $754.7M | ||
| Q2 24 | $68.0M | $815.4M | ||
| Q1 24 | $63.5M | $813.8M |
总资产LWAYRPAY
| Q4 25 | $105.6M | $1.2B | ||
| Q3 25 | $109.5M | $1.3B | ||
| Q2 25 | $98.3M | $1.4B | ||
| Q1 25 | $93.7M | $1.5B | ||
| Q4 24 | $90.5M | $1.6B | ||
| Q3 24 | $91.3M | $1.6B | ||
| Q2 24 | $84.9M | $1.5B | ||
| Q1 24 | $82.8M | $1.5B |
负债/权益比LWAYRPAY
| Q4 25 | — | 0.58× | ||
| Q3 25 | — | 0.45× | ||
| Q2 25 | — | 0.44× | ||
| Q1 25 | — | 0.66× | ||
| Q4 24 | — | 0.65× | ||
| Q3 24 | — | 0.66× | ||
| Q2 24 | — | 0.53× | ||
| Q1 24 | 0.04× | 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 | $267.0K | $23.3M |
| 自由现金流经营现金流 - 资本支出 | $-17.4M | $23.2M |
| 自由现金流率自由现金流/营收 | -31.5% | 29.6% |
| 资本支出强度资本支出/营收 | 31.9% | 0.1% |
| 现金转化率经营现金流/净利润 | 0.11× | — |
| 过去12个月自由现金流最近4个季度 | $-16.4M | $90.7M |
8季度趋势，按日历期对齐
经营现金流LWAYRPAY
| Q4 25 | $267.0K | $23.3M | ||
| Q3 25 | $6.9M | $32.2M | ||
| Q2 25 | $3.9M | $33.1M | ||
| Q1 25 | $-150.0K | $2.5M | ||
| Q4 24 | $-2.6M | $34.3M | ||
| Q3 24 | $7.5M | $60.1M | ||
| Q2 24 | $6.5M | $31.0M | ||
| Q1 24 | $1.5M | $24.8M |
自由现金流LWAYRPAY
| Q4 25 | $-17.4M | $23.2M | ||
| Q3 25 | $1.8M | $32.1M | ||
| Q2 25 | $1.6M | $33.0M | ||
| Q1 25 | $-2.4M | $2.4M | ||
| Q4 24 | $-3.8M | $34.0M | ||
| Q3 24 | $5.9M | $59.8M | ||
| Q2 24 | $5.1M | $30.5M | ||
| Q1 24 | $-923.0K | $24.7M |
自由现金流率LWAYRPAY
| Q4 25 | -31.5% | 29.6% | ||
| Q3 25 | 3.1% | 41.3% | ||
| Q2 25 | 3.0% | 43.6% | ||
| Q1 25 | -5.1% | 3.0% | ||
| Q4 24 | -8.2% | 43.5% | ||
| Q3 24 | 12.8% | 75.6% | ||
| Q2 24 | 10.4% | 40.7% | ||
| Q1 24 | -2.1% | 30.6% |
资本支出强度LWAYRPAY
| Q4 25 | 31.9% | 0.1% | ||
| Q3 25 | 9.0% | 0.2% | ||
| Q2 25 | 4.3% | 0.1% | ||
| Q1 25 | 4.8% | 0.2% | ||
| Q4 24 | 2.7% | 0.3% | ||
| Q3 24 | 3.3% | 0.3% | ||
| Q2 24 | 2.9% | 0.6% | ||
| Q1 24 | 5.5% | 0.1% |
现金转化率LWAYRPAY
| Q4 25 | 0.11× | — | ||
| Q3 25 | 1.96× | — | ||
| Q2 25 | 0.92× | — | ||
| Q1 25 | -0.04× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.50× | 18.52× | ||
| Q2 24 | 1.73× | — | ||
| Q1 24 | 0.64× | — |
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
LWAY
| Drinkable Kefirotherthan Pro Bugs | $47.8M | 86% |
| Cheese | $4.7M | 8% |
| Cream And Other | $1.7M | 3% |
| Other | $1.2M | 2% |
RPAY
| Sales Channel Directly To Consumer | $69.4M | 88% |
| Other | $6.8M | 9% |
| Sales Channel Through Intermediary | $2.3M | 3% |
