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WM TECHNOLOGY, INC.（MAPS）与REDWOOD TRUST INC（RWT）财务数据对比。点击上方公司名可切换其他公司
WM TECHNOLOGY, INC.的季度营收约是REDWOOD TRUST INC的1.7倍（$43.1M vs $25.9M），REDWOOD TRUST INC净利率更高（77.2% vs -8.3%，领先85.5%），REDWOOD TRUST INC同比增速更快（-6.1% vs -9.7%），过去两年WM TECHNOLOGY, INC.的营收复合增速更高（-1.5% vs -41.0%）
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。
Redwood Trust Inc是总部位于美国的专业房地产投资信托公司，主营住宅与商业抵押贷款、抵押贷款支持证券及房地产信贷类资产的投资管理，核心业务覆盖住宅抵押贷款发放、商业地产信贷和投资服务，客户以机构投资者和房地产市场参与者为主。
MAPS vs RWT — 直观对比
营收规模更大
MAPS
是对方的1.7倍
$25.9M
营收增速更快
RWT
高出3.6%
-9.7%
净利率更高
RWT
高出85.5%
-8.3%
两年增速更快
MAPS
近两年复合增速
-41.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $43.1M | $25.9M |
| 净利润 | $-3.6M | $20.0M |
| 毛利率 | 94.9% | — |
| 营业利润率 | -13.5% | — |
| 净利率 | -8.3% | 77.2% |
| 营收同比 | -9.7% | -6.1% |
| 净利润同比 | -251.9% | 402.6% |
| 每股收益（稀释后） | — | $0.11 |
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MAPSRWT
| Q4 25 | $43.1M | $25.9M | ||
| Q3 25 | $42.2M | $15.0M | ||
| Q2 25 | $44.8M | $13.8M | ||
| Q1 25 | $44.6M | $27.9M | ||
| Q4 24 | $47.7M | $27.6M | ||
| Q3 24 | $46.6M | $25.5M | ||
| Q2 24 | $45.9M | $67.4M | ||
| Q1 24 | $44.4M | $74.5M |
净利润MAPSRWT
| Q4 25 | $-3.6M | $20.0M | ||
| Q3 25 | $2.5M | $-7.7M | ||
| Q2 25 | $1.4M | $-98.5M | ||
| Q1 25 | $1.6M | $16.1M | ||
| Q4 24 | $2.4M | $-6.6M | ||
| Q3 24 | $3.3M | $14.8M | ||
| Q2 24 | $716.0K | $15.5M | ||
| Q1 24 | $1.2M | $30.3M |
毛利率MAPSRWT
| 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MAPSRWT
| Q4 25 | -13.5% | — | ||
| Q3 25 | 4.6% | -9.0% | ||
| Q2 25 | 4.4% | -679.0% | ||
| Q1 25 | 5.9% | 80.2% | ||
| Q4 24 | 9.6% | -1.3% | ||
| Q3 24 | 11.2% | 86.1% | ||
| Q2 24 | 2.7% | 30.3% | ||
| Q1 24 | 8.5% | 41.3% |
净利率MAPSRWT
| Q4 25 | -8.3% | 77.2% | ||
| Q3 25 | 5.8% | -51.4% | ||
| Q2 25 | 3.2% | -712.0% | ||
| Q1 25 | 3.7% | 57.8% | ||
| Q4 24 | 4.9% | -24.0% | ||
| Q3 24 | 7.2% | 58.1% | ||
| Q2 24 | 1.6% | 23.0% | ||
| Q1 24 | 2.8% | 40.6% |
每股收益（稀释后）MAPSRWT
| Q4 25 | — | $0.11 | ||
| Q3 25 | — | $-0.08 | ||
| Q2 25 | — | $-0.76 | ||
| Q1 25 | $0.02 | $0.10 | ||
| Q4 24 | — | $-0.08 | ||
| Q3 24 | — | $0.09 | ||
| Q2 24 | — | $0.10 | ||
| Q1 24 | $0.01 | $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 | $62.4M | $255.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $57.2M | $982.6M |
| 总资产 | $190.7M | $23.7B |
| 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MAPSRWT
| Q4 25 | $62.4M | $255.7M | ||
| Q3 25 | — | $226.3M | ||
| Q2 25 | — | $302.0M | ||
| Q1 25 | — | $259.9M | ||
| Q4 24 | $52.0M | $245.2M | ||
| Q3 24 | — | $253.7M | ||
| Q2 24 | — | $275.6M | ||
| Q1 24 | — | $275.4M |
总债务MAPSRWT
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $1.7B |
股东权益MAPSRWT
| Q4 25 | $57.2M | $982.6M | ||
| Q3 25 | $56.9M | $999.0M | ||
| Q2 25 | $52.7M | $1.1B | ||
| Q1 25 | $48.5M | $1.2B | ||
| Q4 24 | $36.1M | $1.2B | ||
| Q3 24 | $29.5M | $1.2B | ||
| Q2 24 | $24.5M | $1.2B | ||
| Q1 24 | $20.8M | $1.2B |
总资产MAPSRWT
| Q4 25 | $190.7M | $23.7B | ||
| Q3 25 | $192.9M | $22.6B | ||
| Q2 25 | $188.1M | $21.3B | ||
| Q1 25 | $183.8M | $19.9B | ||
| Q4 24 | $181.9M | $18.3B | ||
| Q3 24 | $173.6M | $18.4B | ||
| Q2 24 | $168.0M | $16.5B | ||
| Q1 24 | $165.8M | $15.1B |
负债/权益比MAPSRWT
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 1.39× |
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 | $-10.1B |
| 自由现金流经营现金流 - 资本支出 | $-280.0K | — |
| 自由现金流率自由现金流/营收 | -0.7% | — |
| 资本支出强度资本支出/营收 | 7.7% | — |
| 现金转化率经营现金流/净利润 | — | -504.15× |
| 过去12个月自由现金流最近4个季度 | $13.5M | — |
8季度趋势，按日历期对齐
经营现金流MAPSRWT
| Q4 25 | $3.0M | $-10.1B | ||
| Q3 25 | $6.4M | $-2.7B | ||
| Q2 25 | $11.1M | $-2.1B | ||
| Q1 25 | $5.7M | $-2.0B | ||
| Q4 24 | $9.4M | $-5.9B | ||
| Q3 24 | $7.2M | $-2.1B | ||
| Q2 24 | $12.7M | $-2.0B | ||
| Q1 24 | $7.4M | $-954.2M |
自由现金流MAPSRWT
| Q4 25 | $-280.0K | — | ||
| Q3 25 | $3.6M | — | ||
| Q2 25 | $8.2M | — | ||
| Q1 25 | $2.0M | — | ||
| Q4 24 | $7.3M | — | ||
| Q3 24 | $4.9M | — | ||
| Q2 24 | $10.1M | — | ||
| Q1 24 | $2.9M | — |
自由现金流率MAPSRWT
| Q4 25 | -0.7% | — | ||
| Q3 25 | 8.4% | — | ||
| Q2 25 | 18.3% | — | ||
| Q1 25 | 4.5% | — | ||
| Q4 24 | 15.2% | — | ||
| Q3 24 | 10.4% | — | ||
| Q2 24 | 21.9% | — | ||
| Q1 24 | 6.4% | — |
资本支出强度MAPSRWT
| Q4 25 | 7.7% | — | ||
| Q3 25 | 6.8% | — | ||
| Q2 25 | 6.3% | — | ||
| Q1 25 | 8.2% | — | ||
| Q4 24 | 4.5% | — | ||
| Q3 24 | 5.1% | — | ||
| Q2 24 | 5.7% | — | ||
| Q1 24 | 10.2% | — |
现金转化率MAPSRWT
| Q4 25 | — | -504.15× | ||
| Q3 25 | 2.61× | — | ||
| Q2 25 | 7.75× | — | ||
| Q1 25 | 3.44× | -120.92× | ||
| Q4 24 | 4.00× | — | ||
| Q3 24 | 2.17× | -140.86× | ||
| Q2 24 | 17.67× | -126.56× | ||
| Q1 24 | 5.97× | -31.53× |
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% |
RWT
暂无分部数据
