vs
自由媒体集团（OLP）与STEM, INC.（STEM）财务数据对比。点击上方公司名可切换其他公司
STEM, INC.的季度营收约是自由媒体集团的1.9倍（$47.1M vs $24.7M），自由媒体集团净利率更高（9.7% vs -33.9%，领先43.6%），自由媒体集团同比增速更快（3.7% vs -15.6%），过去两年STEM, INC.的营收复合增速更高（36.1% vs 4.4%）
自由媒体集团是1991年由约翰·C·马龙创立的美国大众传媒企业，集团目前按不同追踪股票划分业务板块，持有一级方程式集团和Live Nation娱乐的股权，截至2025年，集团共拥有一级方程式、MotoGP以及世界超级摩托车锦标赛三大全球赛车运动业务。
该公司是一家公开上市的生物制药企业，总部位于加利福尼亚州纽瓦克，专注研发纯化人类神经干细胞，旨在治疗中枢神经系统疾病与瘫痪，其所研发的神经干细胞可分化为中枢神经系统的神经元、星形胶质细胞与少突胶质细胞这三大主要细胞类型。
OLP vs STEM — 直观对比
营收规模更大
STEM
是对方的1.9倍
$24.7M
营收增速更快
OLP
高出19.3%
-15.6%
净利率更高
OLP
高出43.6%
-33.9%
两年增速更快
STEM
近两年复合增速
4.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $24.7M | $47.1M |
| 净利润 | $2.4M | $-16.0M |
| 毛利率 | — | 48.9% |
| 营业利润率 | 28.6% | -17.7% |
| 净利率 | 9.7% | -33.9% |
| 营收同比 | 3.7% | -15.6% |
| 净利润同比 | -77.1% | 68.8% |
| 每股收益（稀释后） | $0.10 | $-4.40 |
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OLPSTEM
| Q4 25 | $24.7M | $47.1M | ||
| Q3 25 | $23.8M | $38.2M | ||
| Q2 25 | $24.5M | $38.4M | ||
| Q1 25 | $24.2M | $32.5M | ||
| Q4 24 | $23.9M | $55.8M | ||
| Q3 24 | $22.2M | $29.3M | ||
| Q2 24 | $21.8M | $34.0M | ||
| Q1 24 | $22.7M | $25.5M |
净利润OLPSTEM
| Q4 25 | $2.4M | $-16.0M | ||
| Q3 25 | $10.5M | $-23.8M | ||
| Q2 25 | $8.4M | $202.5M | ||
| Q1 25 | $4.2M | $-25.0M | ||
| Q4 24 | $10.6M | $-51.1M | ||
| Q3 24 | $5.2M | $-148.3M | ||
| Q2 24 | $9.6M | $-582.3M | ||
| Q1 24 | $5.2M | $-72.3M |
毛利率OLPSTEM
| Q4 25 | — | 48.9% | ||
| Q3 25 | — | 35.5% | ||
| Q2 25 | — | 33.4% | ||
| Q1 25 | — | 32.4% | ||
| Q4 24 | — | -4.4% | ||
| Q3 24 | — | 21.2% | ||
| Q2 24 | — | 27.6% | ||
| Q1 24 | — | -95.0% |
营业利润率OLPSTEM
| Q4 25 | 28.6% | -17.7% | ||
| Q3 25 | 66.7% | -33.6% | ||
| Q2 25 | 62.6% | -34.8% | ||
| Q1 25 | 39.8% | -65.0% | ||
| Q4 24 | 65.0% | -84.4% | ||
| Q3 24 | 45.0% | -493.2% | ||
| Q2 24 | 66.0% | -1705.5% | ||
| Q1 24 | 44.1% | -267.0% |
净利率OLPSTEM
| Q4 25 | 9.7% | -33.9% | ||
| Q3 25 | 44.1% | -62.2% | ||
| Q2 25 | 34.3% | 527.8% | ||
| Q1 25 | 17.2% | -76.9% | ||
| Q4 24 | 44.1% | -91.6% | ||
| Q3 24 | 23.3% | -506.3% | ||
| Q2 24 | 43.8% | -1712.6% | ||
| Q1 24 | 22.7% | -283.9% |
每股收益（稀释后）OLPSTEM
| Q4 25 | $0.10 | $-4.40 | ||
| Q3 25 | $0.48 | $-2.84 | ||
| Q2 25 | $0.39 | $-1.79 | ||
| Q1 25 | $0.18 | $-0.15 | ||
| Q4 24 | $0.49 | $-15.29 | ||
| Q3 24 | $0.23 | $-18.24 | ||
| Q2 24 | $0.45 | $-71.81 | ||
| Q1 24 | $0.23 | $-0.46 |
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 | $14.4M | $48.9M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $299.6M | $-249.4M |
| 总资产 | $857.6M | $308.9M |
| 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OLPSTEM
| Q4 25 | $14.4M | $48.9M | ||
| Q3 25 | $18.8M | $43.1M | ||
| Q2 25 | $19.0M | $40.8M | ||
| Q1 25 | $8.2M | $58.6M | ||
| Q4 24 | $42.3M | $56.3M | ||
| Q3 24 | $25.7M | $75.4M | ||
| Q2 24 | $35.0M | $89.6M | ||
| Q1 24 | $27.4M | $112.8M |
股东权益OLPSTEM
| Q4 25 | $299.6M | $-249.4M | ||
| Q3 25 | $305.6M | $-235.7M | ||
| Q2 25 | $303.4M | $-214.1M | ||
| Q1 25 | $303.2M | $-417.5M | ||
| Q4 24 | $307.4M | $-398.4M | ||
| Q3 24 | $304.2M | $-344.1M | ||
| Q2 24 | $307.3M | $-203.2M | ||
| Q1 24 | $304.8M | $371.6M |
总资产OLPSTEM
| Q4 25 | $857.6M | $308.9M | ||
| Q3 25 | $802.3M | $362.6M | ||
| Q2 25 | $795.6M | $379.2M | ||
| Q1 25 | $811.7M | $405.1M | ||
| Q4 24 | $767.0M | $437.4M | ||
| Q3 24 | $768.8M | $537.8M | ||
| Q2 24 | $759.2M | $691.5M | ||
| Q1 24 | $755.7M | $1.3B |
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 | $37.5M | $8.2M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 15.54× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流OLPSTEM
| Q4 25 | $37.5M | $8.2M | ||
| Q3 25 | $10.9M | $11.4M | ||
| Q2 25 | $11.2M | $-21.3M | ||
| Q1 25 | $11.0M | $8.5M | ||
| Q4 24 | $39.1M | $-14.7M | ||
| Q3 24 | $10.0M | $-9.4M | ||
| Q2 24 | $8.6M | $-11.9M | ||
| Q1 24 | $8.9M | $-621.0K |
现金转化率OLPSTEM
| Q4 25 | 15.54× | — | ||
| Q3 25 | 1.04× | — | ||
| Q2 25 | 1.33× | -0.11× | ||
| Q1 25 | 2.65× | — | ||
| Q4 24 | 3.70× | — | ||
| Q3 24 | 1.93× | — | ||
| Q2 24 | 0.90× | — | ||
| Q1 24 | 1.73× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
