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Maison Solutions Inc.（MSS）与FiscalNote Holdings, Inc.（NOTE）财务数据对比。点击上方公司名可切换其他公司
Maison Solutions Inc.的季度营收约是FiscalNote Holdings, Inc.的1.2倍（$27.6M vs $22.2M），Maison Solutions Inc.同比增速更快（-10.9% vs -24.7%），过去两年Maison Solutions Inc.的营收复合增速更高（42.5% vs -16.8%）
Maison Solutions Inc.是一家专注于家居零售的企业，主要运营市场位于中国粤港澳大湾区，面向大众消费者提供高性价比的时尚家具、家居装饰用品及日常家用百货，同时布局线下实体门店与线上电商销售渠道。
FiscalNote Holdings, Inc.（常称FiscalNote）是一家上市的软件数据与传媒企业，总部位于美国华盛顿特区，2013年由三位创始人创立。核心业务为通过政府关系管理服务FiscalNote GRM提供软件工具、平台、数据服务与资讯，同时依托人工智能平台分析美国待审议法案相关内容。
MSS vs NOTE — 直观对比
营收规模更大
MSS
是对方的1.2倍
$22.2M
营收增速更快
MSS
高出13.7%
-24.7%
两年增速更快
MSS
近两年复合增速
-16.8%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $27.6M | $22.2M |
| 净利润 | $-5.0M | — |
| 毛利率 | 23.4% | — |
| 营业利润率 | -4.9% | -83.7% |
| 净利率 | -18.0% | — |
| 营收同比 | -10.9% | -24.7% |
| 净利润同比 | -1840.5% | — |
| 每股收益（稀释后） | $-0.23 | $-2.81 |
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MSSNOTE
| Q4 25 | $27.6M | $22.2M | ||
| Q3 25 | $27.2M | $22.4M | ||
| Q2 25 | $34.4M | $23.3M | ||
| Q1 25 | $32.3M | $27.5M | ||
| Q4 24 | $29.4M | $29.5M | ||
| Q3 24 | $28.2M | $29.4M | ||
| Q2 24 | $16.9M | $29.2M | ||
| Q1 24 | $13.6M | $32.1M |
净利润MSSNOTE
| Q4 25 | $-5.0M | — | ||
| Q3 25 | $-1.5M | $-24.9M | ||
| Q2 25 | $-287.4K | $-13.3M | ||
| Q1 25 | $1.0M | $-4.3M | ||
| Q4 24 | $-256.0K | — | ||
| Q3 24 | $700.9K | $-14.9M | ||
| Q2 24 | $-2.8M | $-12.8M | ||
| Q1 24 | $-549.0K | $50.6M |
毛利率MSSNOTE
| Q4 25 | 23.4% | — | ||
| Q3 25 | 24.1% | — | ||
| Q2 25 | 9.5% | — | ||
| Q1 25 | 21.8% | — | ||
| Q4 24 | 26.9% | — | ||
| Q3 24 | 28.9% | — | ||
| Q2 24 | 13.0% | — | ||
| Q1 24 | 23.4% | — |
营业利润率MSSNOTE
| Q4 25 | -4.9% | -83.7% | ||
| Q3 25 | 0.7% | -43.4% | ||
| Q2 25 | -15.9% | -31.9% | ||
| Q1 25 | 3.7% | -50.0% | ||
| Q4 24 | 3.2% | -19.4% | ||
| Q3 24 | 7.3% | -23.1% | ||
| Q2 24 | -14.4% | -27.2% | ||
| Q1 24 | -2.3% | -35.6% |
净利率MSSNOTE
| Q4 25 | -18.0% | — | ||
| Q3 25 | -5.7% | -110.8% | ||
| Q2 25 | -0.8% | -57.0% | ||
| Q1 25 | 3.1% | -15.4% | ||
| Q4 24 | -0.9% | — | ||
| Q3 24 | 2.5% | -50.7% | ||
| Q2 24 | -16.4% | -43.6% | ||
| Q1 24 | -4.0% | 157.6% |
每股收益（稀释后）MSSNOTE
| Q4 25 | $-0.23 | $-2.81 | ||
| Q3 25 | $-0.08 | $-1.73 | ||
| Q2 25 | $-0.02 | $-0.08 | ||
| Q1 25 | $0.06 | $-0.03 | ||
| Q4 24 | $-0.01 | $1.88 | ||
| Q3 24 | $0.04 | $-1.33 | ||
| Q2 24 | $-0.16 | $-0.09 | ||
| Q1 24 | $-0.03 | $0.37 |
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 | — | $26.3M |
| 总债务越低越好 | $2.6M | $128.4M |
| 股东权益账面价值 | $11.6M | $62.0M |
| 总资产 | $75.4M | $255.1M |
| 负债/权益比越低杠杆越低 | 0.22× | 2.07× |
8季度趋势，按日历期对齐
现金及短期投资MSSNOTE
| Q4 25 | — | $26.3M | ||
| Q3 25 | $1.1M | $31.2M | ||
| Q2 25 | $775.4K | $38.5M | ||
| Q1 25 | $445.4K | $46.3M | ||
| Q4 24 | $355.7K | $34.6M | ||
| Q3 24 | $588.9K | $32.7M | ||
| Q2 24 | $2.1M | $37.7M | ||
| Q1 24 | $9.4M | $43.6M |
总债务MSSNOTE
| Q4 25 | $2.6M | $128.4M | ||
| Q3 25 | $2.6M | $131.5M | ||
| Q2 25 | $2.6M | $116.7M | ||
| Q1 25 | — | $118.0M | ||
| Q4 24 | — | $147.1M | ||
| Q3 24 | $2.5M | $152.2M | ||
| Q2 24 | $2.6M | $145.9M | ||
| Q1 24 | $2.6M | $153.0M |
股东权益MSSNOTE
| Q4 25 | $11.6M | $62.0M | ||
| Q3 25 | $10.1M | $75.5M | ||
| Q2 25 | $11.7M | $95.1M | ||
| Q1 25 | $12.0M | $98.7M | ||
| Q4 24 | $10.9M | $97.8M | ||
| Q3 24 | $11.2M | $98.5M | ||
| Q2 24 | $10.5M | $106.9M | ||
| Q1 24 | $13.3M | $106.1M |
总资产MSSNOTE
| Q4 25 | $75.4M | $255.1M | ||
| Q3 25 | $73.3M | $273.9M | ||
| Q2 25 | $77.4M | $288.3M | ||
| Q1 25 | $82.7M | $299.7M | ||
| Q4 24 | $82.7M | $326.2M | ||
| Q3 24 | $82.1M | $337.9M | ||
| Q2 24 | $82.4M | $346.3M | ||
| Q1 24 | $44.2M | $357.8M |
负债/权益比MSSNOTE
| Q4 25 | 0.22× | 2.07× | ||
| Q3 25 | 0.26× | 1.74× | ||
| Q2 25 | 0.22× | 1.23× | ||
| Q1 25 | — | 1.20× | ||
| Q4 24 | — | 1.50× | ||
| Q3 24 | 0.23× | 1.54× | ||
| Q2 24 | 0.24× | 1.36× | ||
| Q1 24 | 0.19× | 1.44× |
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 | $-1.7M | $-279.0K |
| 自由现金流经营现金流 - 资本支出 | — | $-1.9M |
| 自由现金流率自由现金流/营收 | — | -8.7% |
| 资本支出强度资本支出/营收 | — | 7.4% |
| 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 | — | $-18.6M |
8季度趋势，按日历期对齐
经营现金流MSSNOTE
| Q4 25 | $-1.7M | $-279.0K | ||
| Q3 25 | $1.1M | $-8.3M | ||
| Q2 25 | $-1.6M | $-6.2M | ||
| Q1 25 | $1.7M | $3.3M | ||
| Q4 24 | $1.1M | $-1.3M | ||
| Q3 24 | $3.6M | $-3.0M | ||
| Q2 24 | $-2.6M | $-3.7M | ||
| Q1 24 | $-1.4M | $2.7M |
自由现金流MSSNOTE
| Q4 25 | — | $-1.9M | ||
| Q3 25 | — | $-10.4M | ||
| Q2 25 | — | $-7.7M | ||
| Q1 25 | — | $1.3M | ||
| Q4 24 | — | $-3.4M | ||
| Q3 24 | — | $-5.4M | ||
| Q2 24 | — | $-6.5M | ||
| Q1 24 | — | $1.0M |
自由现金流率MSSNOTE
| Q4 25 | — | -8.7% | ||
| Q3 25 | — | -46.2% | ||
| Q2 25 | — | -33.0% | ||
| Q1 25 | — | 4.7% | ||
| Q4 24 | — | -11.4% | ||
| Q3 24 | — | -18.4% | ||
| Q2 24 | — | -22.1% | ||
| Q1 24 | — | 3.3% |
资本支出强度MSSNOTE
| Q4 25 | — | 7.4% | ||
| Q3 25 | — | 9.3% | ||
| Q2 25 | — | 6.4% | ||
| Q1 25 | — | 7.2% | ||
| Q4 24 | — | 6.8% | ||
| Q3 24 | — | 8.3% | ||
| Q2 24 | — | 9.4% | ||
| Q1 24 | — | 5.3% |
现金转化率MSSNOTE
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 1.66× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 5.12× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.05× |
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
MSS
| Perishables | $14.4M | 52% |
| Nonperishables | $13.2M | 48% |
NOTE
| Subscription | $21.2M | 95% |
| Advisory Advertising And Other | $1.0M | 5% |
