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WM TECHNOLOGY, INC.（MAPS）与REGIS CORP（RGS）财务数据对比。点击上方公司名可切换其他公司
REGIS CORP的季度营收约是WM TECHNOLOGY, INC.的1.3倍（$57.1M vs $43.1M），REGIS CORP净利率更高（0.8% vs -8.3%，领先9.1%），REGIS CORP同比增速更快（22.3% vs -9.7%），REGIS CORP自由现金流更多（$891.0K vs $-280.0K），过去两年REGIS CORP的营收复合增速更高（7.8% vs -1.5%）
WM娱乐是韩国一家娱乐经纪公司，由前歌手李元敏创立于2008年，核心业务为艺人经纪管理，知名女团Oh My Girl便由该公司运营管理，2021年4月7日，WM娱乐被RBW公司收购。
瑞吉斯公司是一家美国美发沙龙运营商，总部位于明尼苏达州明尼阿波利斯市。截至2021年8月，该集团旗下拥有5563家加盟沙龙以及276家直营门店，是北美地区规模领先的美发沙龙连锁经营企业。
MAPS vs RGS — 直观对比
营收规模更大
RGS
是对方的1.3倍
$43.1M
营收增速更快
RGS
高出31.9%
-9.7%
净利率更高
RGS
高出9.1%
-8.3%
自由现金流更多
RGS
多$1.2M
$-280.0K
两年增速更快
RGS
近两年复合增速
-1.5%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $43.1M | $57.1M |
| 净利润 | $-3.6M | $456.0K |
| 毛利率 | 94.9% | — |
| 营业利润率 | -13.5% | 10.8% |
| 净利率 | -8.3% | 0.8% |
| 营收同比 | -9.7% | 22.3% |
| 净利润同比 | -251.9% | -94.0% |
| 每股收益（稀释后） | — | $0.16 |
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MAPSRGS
| Q4 25 | $43.1M | $57.1M | ||
| Q3 25 | $42.2M | $59.0M | ||
| Q2 25 | $44.8M | $60.4M | ||
| Q1 25 | $44.6M | $57.0M | ||
| Q4 24 | $47.7M | $46.7M | ||
| Q3 24 | $46.6M | $46.1M | ||
| Q2 24 | $45.9M | $49.4M | ||
| Q1 24 | $44.4M | $49.2M |
净利润MAPSRGS
| Q4 25 | $-3.6M | $456.0K | ||
| Q3 25 | $2.5M | $1.4M | ||
| Q2 25 | $1.4M | $116.5M | ||
| Q1 25 | $1.6M | $250.0K | ||
| Q4 24 | $2.4M | $7.6M | ||
| Q3 24 | $3.3M | $-853.0K | ||
| Q2 24 | $716.0K | $91.2M | ||
| Q1 24 | $1.2M | $-2.3M |
毛利率MAPSRGS
| Q4 25 | 94.9% | — | ||
| Q3 25 | 95.0% | — | ||
| Q2 25 | 94.9% | — | ||
| Q1 25 | 95.0% | — | ||
| Q4 24 | 95.2% | — | ||
| Q3 24 | 95.3% | — | ||
| Q2 24 | 95.1% | — | ||
| Q1 24 | 94.8% | — |
营业利润率MAPSRGS
| Q4 25 | -13.5% | 10.8% | ||
| Q3 25 | 4.6% | 10.0% | ||
| Q2 25 | 4.4% | 12.1% | ||
| Q1 25 | 5.9% | 8.8% | ||
| Q4 24 | 9.6% | 11.8% | ||
| Q3 24 | 11.2% | 4.6% | ||
| Q2 24 | 2.7% | — | ||
| Q1 24 | 8.5% | 8.3% |
净利率MAPSRGS
| Q4 25 | -8.3% | 0.8% | ||
| Q3 25 | 5.8% | 2.3% | ||
| Q2 25 | 3.2% | 192.9% | ||
| Q1 25 | 3.7% | 0.4% | ||
| Q4 24 | 4.9% | 16.4% | ||
| Q3 24 | 7.2% | -1.9% | ||
| Q2 24 | 1.6% | 184.7% | ||
| Q1 24 | 2.8% | -4.7% |
每股收益（稀释后）MAPSRGS
| Q4 25 | — | $0.16 | ||
| Q3 25 | — | $0.49 | ||
| Q2 25 | — | $43.67 | ||
| Q1 25 | $0.02 | $0.08 | ||
| Q4 24 | — | $2.71 | ||
| Q3 24 | — | $-0.36 | ||
| Q2 24 | — | $38.40 | ||
| Q1 24 | $0.01 | $-1.00 |
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 | $62.4M | $18.4M |
| 总债务越低越好 | — | $113.3M |
| 股东权益账面价值 | $57.2M | $188.7M |
| 总资产 | $190.7M | $588.3M |
| 负债/权益比越低杠杆越低 | — | 0.60× |
8季度趋势，按日历期对齐
现金及短期投资MAPSRGS
| Q4 25 | $62.4M | $18.4M | ||
| Q3 25 | — | $16.6M | ||
| Q2 25 | — | $17.0M | ||
| Q1 25 | — | $13.3M | ||
| Q4 24 | $52.0M | $10.2M | ||
| Q3 24 | — | $6.3M | ||
| Q2 24 | — | $10.1M | ||
| Q1 24 | — | $5.9M |
总债务MAPSRGS
| Q4 25 | — | $113.3M | ||
| Q3 25 | — | $111.3M | ||
| Q2 25 | — | $110.8M | ||
| Q1 25 | — | $112.0M | ||
| Q4 24 | — | $111.5M | ||
| Q3 24 | — | $95.2M | ||
| Q2 24 | — | $99.5M | ||
| Q1 24 | — | $179.7M |
股东权益MAPSRGS
| Q4 25 | $57.2M | $188.7M | ||
| Q3 25 | $56.9M | $187.6M | ||
| Q2 25 | $52.7M | $185.6M | ||
| Q1 25 | $48.5M | $68.6M | ||
| Q4 24 | $36.1M | $66.7M | ||
| Q3 24 | $29.5M | $56.4M | ||
| Q2 24 | $24.5M | $56.8M | ||
| Q1 24 | $20.8M | $-35.8M |
总资产MAPSRGS
| Q4 25 | $190.7M | $588.3M | ||
| Q3 25 | $192.9M | $592.1M | ||
| Q2 25 | $188.1M | $599.0M | ||
| Q1 25 | $183.8M | $511.2M | ||
| Q4 24 | $181.9M | $530.1M | ||
| Q3 24 | $173.6M | $508.9M | ||
| Q2 24 | $168.0M | $530.5M | ||
| Q1 24 | $165.8M | $543.7M |
负债/权益比MAPSRGS
| Q4 25 | — | 0.60× | ||
| Q3 25 | — | 0.59× | ||
| Q2 25 | — | 0.60× | ||
| Q1 25 | — | 1.63× | ||
| Q4 24 | — | 1.67× | ||
| Q3 24 | — | 1.69× | ||
| Q2 24 | — | 1.75× | ||
| 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 | $3.0M | $1.7M |
| 自由现金流经营现金流 - 资本支出 | $-280.0K | $891.0K |
| 自由现金流率自由现金流/营收 | -0.7% | 1.6% |
| 资本支出强度资本支出/营收 | 7.7% | 1.4% |
| 现金转化率经营现金流/净利润 | — | 3.65× |
| 过去12个月自由现金流最近4个季度 | $13.5M | $14.9M |
8季度趋势，按日历期对齐
经营现金流MAPSRGS
| Q4 25 | $3.0M | $1.7M | ||
| Q3 25 | $6.4M | $2.3M | ||
| Q2 25 | $11.1M | $6.8M | ||
| Q1 25 | $5.7M | $6.2M | ||
| Q4 24 | $9.4M | $2.1M | ||
| Q3 24 | $7.2M | $-1.3M | ||
| Q2 24 | $12.7M | $5.1M | ||
| Q1 24 | $7.4M | $-277.0K |
自由现金流MAPSRGS
| Q4 25 | $-280.0K | $891.0K | ||
| Q3 25 | $3.6M | $1.9M | ||
| Q2 25 | $8.2M | $6.2M | ||
| Q1 25 | $2.0M | $5.9M | ||
| Q4 24 | $7.3M | $1.7M | ||
| Q3 24 | $4.9M | $-1.4M | ||
| Q2 24 | $10.1M | $5.1M | ||
| Q1 24 | $2.9M | $-326.0K |
自由现金流率MAPSRGS
| Q4 25 | -0.7% | 1.6% | ||
| Q3 25 | 8.4% | 3.2% | ||
| Q2 25 | 18.3% | 10.3% | ||
| Q1 25 | 4.5% | 10.3% | ||
| Q4 24 | 15.2% | 3.6% | ||
| Q3 24 | 10.4% | -3.0% | ||
| Q2 24 | 21.9% | 10.3% | ||
| Q1 24 | 6.4% | -0.7% |
资本支出强度MAPSRGS
| Q4 25 | 7.7% | 1.4% | ||
| Q3 25 | 6.8% | 0.7% | ||
| Q2 25 | 6.3% | 0.9% | ||
| Q1 25 | 8.2% | 0.6% | ||
| Q4 24 | 4.5% | 0.9% | ||
| Q3 24 | 5.1% | 0.0% | ||
| Q2 24 | 5.7% | 0.0% | ||
| Q1 24 | 10.2% | 0.1% |
现金转化率MAPSRGS
| Q4 25 | — | 3.65× | ||
| Q3 25 | 2.61× | 1.68× | ||
| Q2 25 | 7.75× | 0.06× | ||
| Q1 25 | 3.44× | 24.80× | ||
| Q4 24 | 4.00× | 0.28× | ||
| Q3 24 | 2.17× | — | ||
| Q2 24 | 17.67× | 0.06× | ||
| Q1 24 | 5.97× | — |
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
MAPS
| Services | $39.5M | 92% |
| Other | $3.6M | 8% |
RGS
| Franchise Segment | $37.9M | 66% |
| Royalty | $13.6M | 24% |
| Other | $2.8M | 5% |
| Fees | $1.8M | 3% |
| Franchise Fees | $1.0M | 2% |
