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SAGA COMMUNICATIONS INC（SGA）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SAGA COMMUNICATIONS INC的1.8倍（$47.1M vs $26.5M），SAGA COMMUNICATIONS INC净利率更高（-26.1% vs -33.9%，领先7.8%），SAGA COMMUNICATIONS INC同比增速更快（-9.3% vs -15.6%），过去两年STEM, INC.的营收复合增速更高（36.1% vs 2.4%）
Saga集团是一家专注服务50岁及以上人群的英国企业，最初由创始人持有，后被私募股权收购，最终在伦敦证券交易所上市，目前拥有270万客户，是富时250指数成分股，在英国肯特郡与萨塞克斯郡海岸运营恩布鲁克公园与普里奥里广场项目。
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。
SGA vs STEM — 直观对比
营收规模更大
STEM
是对方的1.8倍
$26.5M
营收增速更快
SGA
高出6.3%
-15.6%
净利率更高
SGA
高出7.8%
-33.9%
两年增速更快
STEM
近两年复合增速
2.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $26.5M | $47.1M |
| 净利润 | $-6.9M | $-16.0M |
| 毛利率 | — | 48.9% |
| 营业利润率 | -36.0% | -17.7% |
| 净利率 | -26.1% | -33.9% |
| 营收同比 | -9.3% | -15.6% |
| 净利润同比 | -645.3% | 68.8% |
| 每股收益（稀释后） | $-1.07 | $-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SGASTEM
| Q4 25 | $26.5M | $47.1M | ||
| Q3 25 | $28.2M | $38.2M | ||
| Q2 25 | $28.2M | $38.4M | ||
| Q1 25 | $24.2M | $32.5M | ||
| Q4 24 | $29.2M | $55.8M | ||
| Q3 24 | $28.7M | $29.3M | ||
| Q2 24 | $29.7M | $34.0M | ||
| Q1 24 | $25.3M | $25.5M |
净利润SGASTEM
| Q4 25 | $-6.9M | $-16.0M | ||
| Q3 25 | $-532.0K | $-23.8M | ||
| Q2 25 | $1.1M | $202.5M | ||
| Q1 25 | $-1.6M | $-25.0M | ||
| Q4 24 | $1.3M | $-51.1M | ||
| Q3 24 | $1.3M | $-148.3M | ||
| Q2 24 | $2.5M | $-582.3M | ||
| Q1 24 | $-1.6M | $-72.3M |
毛利率SGASTEM
| 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SGASTEM
| Q4 25 | -36.0% | -17.7% | ||
| Q3 25 | -2.2% | -33.6% | ||
| Q2 25 | 5.0% | -34.8% | ||
| Q1 25 | -9.5% | -65.0% | ||
| Q4 24 | 3.4% | -84.4% | ||
| Q3 24 | 5.7% | -493.2% | ||
| Q2 24 | 7.2% | -1705.5% | ||
| Q1 24 | -9.6% | -267.0% |
净利率SGASTEM
| Q4 25 | -26.1% | -33.9% | ||
| Q3 25 | -1.9% | -62.2% | ||
| Q2 25 | 4.0% | 527.8% | ||
| Q1 25 | -6.5% | -76.9% | ||
| Q4 24 | 4.3% | -91.6% | ||
| Q3 24 | 4.4% | -506.3% | ||
| Q2 24 | 8.4% | -1712.6% | ||
| Q1 24 | -6.2% | -283.9% |
每股收益（稀释后）SGASTEM
| Q4 25 | $-1.07 | $-4.40 | ||
| Q3 25 | $-0.08 | $-2.84 | ||
| Q2 25 | $0.18 | $-1.79 | ||
| Q1 25 | $-0.25 | $-0.15 | ||
| Q4 24 | $0.20 | $-15.29 | ||
| Q3 24 | $0.20 | $-18.24 | ||
| Q2 24 | $0.40 | $-71.81 | ||
| Q1 24 | $-0.25 | $-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 | $31.8M | $48.9M |
| 总债务越低越好 | $5.0M | — |
| 股东权益账面价值 | $151.5M | $-249.4M |
| 总资产 | $201.3M | $308.9M |
| 负债/权益比越低杠杆越低 | 0.03× | — |
8季度趋势，按日历期对齐
现金及短期投资SGASTEM
| Q4 25 | $31.8M | $48.9M | ||
| Q3 25 | $26.3M | $43.1M | ||
| Q2 25 | $24.9M | $40.8M | ||
| Q1 25 | $27.0M | $58.6M | ||
| Q4 24 | $27.8M | $56.3M | ||
| Q3 24 | $28.7M | $75.4M | ||
| Q2 24 | $24.1M | $89.6M | ||
| Q1 24 | $28.8M | $112.8M |
总债务SGASTEM
| Q4 25 | $5.0M | — | ||
| Q3 25 | $5.0M | — | ||
| Q2 25 | $5.0M | — | ||
| Q1 25 | $5.0M | — | ||
| Q4 24 | $5.0M | — | ||
| Q3 24 | $5.0M | — | ||
| Q2 24 | $5.0M | — | ||
| Q1 24 | $0 | — |
股东权益SGASTEM
| Q4 25 | $151.5M | $-249.4M | ||
| Q3 25 | $162.1M | $-235.7M | ||
| Q2 25 | $163.7M | $-214.1M | ||
| Q1 25 | $163.6M | $-417.5M | ||
| Q4 24 | $165.9M | $-398.4M | ||
| Q3 24 | $166.0M | $-344.1M | ||
| Q2 24 | $165.8M | $-203.2M | ||
| Q1 24 | $164.4M | $371.6M |
总资产SGASTEM
| Q4 25 | $201.3M | $308.9M | ||
| Q3 25 | $218.4M | $362.6M | ||
| Q2 25 | $218.9M | $379.2M | ||
| Q1 25 | $219.3M | $405.1M | ||
| Q4 24 | $221.7M | $437.4M | ||
| Q3 24 | $223.2M | $537.8M | ||
| Q2 24 | $221.6M | $691.5M | ||
| Q1 24 | $218.0M | $1.3B |
负债/权益比SGASTEM
| Q4 25 | 0.03× | — | ||
| Q3 25 | 0.03× | — | ||
| Q2 25 | 0.03× | — | ||
| Q1 25 | 0.03× | — | ||
| Q4 24 | 0.03× | — | ||
| Q3 24 | 0.03× | — | ||
| Q2 24 | 0.03× | — | ||
| Q1 24 | 0.00× | — |
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 | $-18.0K | $8.2M |
| 自由现金流经营现金流 - 资本支出 | $-459.0K | — |
| 自由现金流率自由现金流/营收 | -1.7% | — |
| 资本支出强度资本支出/营收 | 1.7% | — |
| 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 | $2.4M | — |
8季度趋势，按日历期对齐
经营现金流SGASTEM
| Q4 25 | $-18.0K | $8.2M | ||
| Q3 25 | $3.4M | $11.4M | ||
| Q2 25 | $755.0K | $-21.3M | ||
| Q1 25 | $1.4M | $8.5M | ||
| Q4 24 | $3.6M | $-14.7M | ||
| Q3 24 | $5.1M | $-9.4M | ||
| Q2 24 | $1.2M | $-11.9M | ||
| Q1 24 | $3.8M | $-621.0K |
自由现金流SGASTEM
| Q4 25 | $-459.0K | — | ||
| Q3 25 | $2.8M | — | ||
| Q2 25 | $-559.0K | — | ||
| Q1 25 | $668.0K | — | ||
| Q4 24 | $3.1M | — | ||
| Q3 24 | $4.5M | — | ||
| Q2 24 | $-280.0K | — | ||
| Q1 24 | $2.8M | — |
自由现金流率SGASTEM
| Q4 25 | -1.7% | — | ||
| Q3 25 | 9.8% | — | ||
| Q2 25 | -2.0% | — | ||
| Q1 25 | 2.8% | — | ||
| Q4 24 | 10.5% | — | ||
| Q3 24 | 15.6% | — | ||
| Q2 24 | -0.9% | — | ||
| Q1 24 | 10.9% | — |
资本支出强度SGASTEM
| Q4 25 | 1.7% | — | ||
| Q3 25 | 2.1% | — | ||
| Q2 25 | 4.7% | — | ||
| Q1 25 | 2.9% | — | ||
| Q4 24 | 1.9% | — | ||
| Q3 24 | 2.2% | — | ||
| Q2 24 | 5.1% | — | ||
| Q1 24 | 4.2% | — |
现金转化率SGASTEM
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.67× | -0.11× | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.86× | — | ||
| Q3 24 | 4.02× | — | ||
| Q2 24 | 0.50× | — | ||
| Q1 24 | — | — |
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
SGA
| Broadcast Advertising Revenue Net | $20.2M | 76% |
| Digital Advertising Revenue | $4.3M | 16% |
| Other Revenue | $1.9M | 7% |
STEM
暂无分部数据
