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Paysign, Inc.（PAYS）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
REDWOOD TRUST INC的季度营收约是Paysign, Inc.的1.1倍（$25.9M vs $22.8M），REDWOOD TRUST INC净利率更高（77.2% vs 6.0%，领先71.2%），Paysign, Inc.同比增速更快（45.8% vs -6.1%），过去两年Paysign, Inc.的营收复合增速更高（31.3% vs -41.0%）
Paysign, Inc.是一家专业支付解决方案提供商，主打定制化预付卡项目、端到端支付处理服务及数字发放工具，核心服务领域覆盖医疗保健、企业激励与大众消费市场，主要业务和客户群体分布于北美地区。
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。
PAYS vs RWT — 直观对比
营收规模更大
RWT
是对方的1.1倍
$22.8M
营收增速更快
PAYS
高出51.9%
-6.1%
净利率更高
RWT
高出71.2%
6.0%
两年增速更快
PAYS
近两年复合增速
-41.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $22.8M | $25.9M |
| 净利润 | $1.4M | $20.0M |
| 毛利率 | 57.7% | — |
| 营业利润率 | 8.1% | — |
| 净利率 | 6.0% | 77.2% |
| 营收同比 | 45.8% | -6.1% |
| 净利润同比 | -0.7% | 402.6% |
| 每股收益（稀释后） | $0.02 | $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PAYSRWT
| Q4 25 | $22.8M | $25.9M | ||
| Q3 25 | $21.6M | $15.0M | ||
| Q2 25 | $19.1M | $13.8M | ||
| Q1 25 | $18.6M | $27.9M | ||
| Q4 24 | $15.6M | $27.6M | ||
| Q3 24 | $15.3M | $25.5M | ||
| Q2 24 | $14.3M | $67.4M | ||
| Q1 24 | $13.2M | $74.5M |
净利润PAYSRWT
| Q4 25 | $1.4M | $20.0M | ||
| Q3 25 | $2.2M | $-7.7M | ||
| Q2 25 | $1.4M | $-98.5M | ||
| Q1 25 | $2.6M | $16.1M | ||
| Q4 24 | $1.4M | $-6.6M | ||
| Q3 24 | $1.4M | $14.8M | ||
| Q2 24 | $697.1K | $15.5M | ||
| Q1 24 | $309.1K | $30.3M |
毛利率PAYSRWT
| Q4 25 | 57.7% | — | ||
| Q3 25 | 56.3% | — | ||
| Q2 25 | 61.6% | — | ||
| Q1 25 | 62.9% | — | ||
| Q4 24 | 58.9% | — | ||
| Q3 24 | 55.5% | — | ||
| Q2 24 | 52.9% | — | ||
| Q1 24 | 52.6% | — |
营业利润率PAYSRWT
| Q4 25 | 8.1% | — | ||
| Q3 25 | 7.3% | -9.0% | ||
| Q2 25 | 7.5% | -679.0% | ||
| Q1 25 | 13.4% | 80.2% | ||
| Q4 24 | 3.0% | -1.3% | ||
| Q3 24 | 4.5% | 86.1% | ||
| Q2 24 | 0.9% | 30.3% | ||
| Q1 24 | -2.0% | 41.3% |
净利率PAYSRWT
| Q4 25 | 6.0% | 77.2% | ||
| Q3 25 | 10.3% | -51.4% | ||
| Q2 25 | 7.3% | -712.0% | ||
| Q1 25 | 13.9% | 57.8% | ||
| Q4 24 | 8.8% | -24.0% | ||
| Q3 24 | 9.4% | 58.1% | ||
| Q2 24 | 4.9% | 23.0% | ||
| Q1 24 | 2.3% | 40.6% |
每股收益（稀释后）PAYSRWT
| Q4 25 | $0.02 | $0.11 | ||
| Q3 25 | $0.04 | $-0.08 | ||
| Q2 25 | $0.02 | $-0.76 | ||
| Q1 25 | $0.05 | $0.10 | ||
| Q4 24 | $0.02 | $-0.08 | ||
| Q3 24 | $0.03 | $0.09 | ||
| Q2 24 | $0.01 | $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 | — | $255.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $48.5M | $982.6M |
| 总资产 | $276.3M | $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PAYSRWT
| Q4 25 | — | $255.7M | ||
| Q3 25 | — | $226.3M | ||
| Q2 25 | — | $302.0M | ||
| Q1 25 | — | $259.9M | ||
| Q4 24 | — | $245.2M | ||
| Q3 24 | — | $253.7M | ||
| Q2 24 | — | $275.6M | ||
| Q1 24 | — | $275.4M |
总债务PAYSRWT
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $1.7B |
股东权益PAYSRWT
| Q4 25 | $48.5M | $982.6M | ||
| Q3 25 | $45.8M | $999.0M | ||
| Q2 25 | $42.2M | $1.1B | ||
| Q1 25 | $39.3M | $1.2B | ||
| Q4 24 | $30.4M | $1.2B | ||
| Q3 24 | $28.5M | $1.2B | ||
| Q2 24 | $26.9M | $1.2B | ||
| Q1 24 | $25.5M | $1.2B |
总资产PAYSRWT
| Q4 25 | $276.3M | $23.7B | ||
| Q3 25 | $209.5M | $22.6B | ||
| Q2 25 | $193.9M | $21.3B | ||
| Q1 25 | $205.1M | $19.9B | ||
| Q4 24 | $179.0M | $18.3B | ||
| Q3 24 | $167.0M | $18.4B | ||
| Q2 24 | $182.3M | $16.5B | ||
| Q1 24 | $173.0M | $15.1B |
负债/权益比PAYSRWT
| 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 | $48.1M | $-10.1B |
| 自由现金流经营现金流 - 资本支出 | $47.5M | — |
| 自由现金流率自由现金流/营收 | 208.7% | — |
| 资本支出强度资本支出/营收 | 2.6% | — |
| 现金转化率经营现金流/净利润 | 35.29× | -504.15× |
| 过去12个月自由现金流最近4个季度 | $51.2M | — |
8季度趋势，按日历期对齐
经营现金流PAYSRWT
| Q4 25 | $48.1M | $-10.1B | ||
| Q3 25 | $6.8M | $-2.7B | ||
| Q2 25 | $3.6M | $-2.1B | ||
| Q1 25 | $-6.0M | $-2.0B | ||
| Q4 24 | $14.3M | $-5.9B | ||
| Q3 24 | $-20.2M | $-2.1B | ||
| Q2 24 | $20.6M | $-2.0B | ||
| Q1 24 | $8.2M | $-954.2M |
自由现金流PAYSRWT
| Q4 25 | $47.5M | — | ||
| Q3 25 | $6.3M | — | ||
| Q2 25 | $3.6M | — | ||
| Q1 25 | $-6.1M | — | ||
| Q4 24 | $14.2M | — | ||
| Q3 24 | $-20.3M | — | ||
| Q2 24 | $20.4M | — | ||
| Q1 24 | $8.2M | — |
自由现金流率PAYSRWT
| Q4 25 | 208.7% | — | ||
| Q3 25 | 29.2% | — | ||
| Q2 25 | 18.6% | — | ||
| Q1 25 | -32.9% | — | ||
| Q4 24 | 91.0% | — | ||
| Q3 24 | -133.0% | — | ||
| Q2 24 | 142.4% | — | ||
| Q1 24 | 62.1% | — |
资本支出强度PAYSRWT
| Q4 25 | 2.6% | — | ||
| Q3 25 | 2.1% | — | ||
| Q2 25 | 0.5% | — | ||
| Q1 25 | 0.4% | — | ||
| Q4 24 | 0.7% | — | ||
| Q3 24 | 0.8% | — | ||
| Q2 24 | 1.0% | — | ||
| Q1 24 | 0.4% | — |
现金转化率PAYSRWT
| Q4 25 | 35.29× | -504.15× | ||
| Q3 25 | 3.05× | — | ||
| Q2 25 | 2.62× | — | ||
| Q1 25 | -2.33× | -120.92× | ||
| Q4 24 | 10.43× | — | ||
| Q3 24 | -14.03× | -140.86× | ||
| Q2 24 | 29.48× | -126.56× | ||
| Q1 24 | 26.67× | -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
PAYS
| Plasma Industry | $12.6M | 55% |
| Pharma Industry | $9.6M | 42% |
| Other | $558.4K | 2% |
RWT
暂无分部数据
