NexPoint Real Estate Finance (NREF)
Channels NexPoint's real-estate credit platform into loans, preferred equity, and CMBS investments.
$15.93
vs last close−0.46 (−2.81%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | −11 | 27 | 18 | 20 | 34 | 38 | 41 | 48 | 32 | 34 | 34 | 34 |
| Cost of revenue | 0 | 3 | 1 | 0 | 2 | 3 | 14 | 16 | 3 | 4 | 5 | 6 |
| Gross profit | −11 | 24 | −4 | 21 | 32 | 35 | 27 | 32 | 29 | 30 | 28 | 28 |
| −11 | 3 | 5 | 4 | 3 | 4 | 1 | 9 | −31 | −3 | −3 | 1 | |
| 3 | 3 | 5 | 4 | 3 | 4 | 3 | 4 | 5 | 3 | 3 | 3 | |
| Selling & marketing | 0 | 1 | 2 | 1 | 1 | 1 | 0 | 0 | 2 | 0 | 0 | 0 |
| General & administrative | 3 | 2 | 3 | 3 | 2 | 3 | 3 | 4 | 4 | 3 | 3 | 3 |
| Other expenses | −13 | 1 | −15 | 6 | −4 | −9 | −2 | 5 | −36 | −6 | −7 | −1 |
| Operating income | 0 | 31 | 12 | 11 | 36 | 26 | 26 | 22 | 60 | 33 | 32 | 27 |
| −17 | −13 | −27 | 1 | −12 | −11 | 0 | 0 | −9 | −9 | −9 | −10 | |
| Interest income | 18 | 17 | −2 | 18 | 24 | 32 | 22 | 23 | 34 | 11 | 37 | 25 |
| Interest expense | 13 | 13 | 11 | 11 | 11 | 11 | 11 | 11 | 10 | 11 | 9 | 9 |
| Other non-operating income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −2 | −2 | 0 | 1 |
| Income before tax | −17 | 18 | −15 | 12 | 23 | 15 | 26 | 22 | 51 | 24 | 23 | 17 |
| Net income from continuing operations | −17 | 18 | −15 | 12 | 23 | 15 | 26 | 22 | 51 | 24 | 23 | 17 |
| Net income | −15 | 15 | −13 | 10 | 19 | 13 | 22 | 19 | 43 | 21 | 20 | 16 |
| EPS, basic | −$0.90 | $0.79 | −$0.83 | $0.43 | $1.11 | $0.48 | $0.94 | $0.69 | $1.98 | $0.77 | $0.54 | $0.29 |
| EPS, diluted | −$0.90 | $0.79 | −$0.83 | $0.40 | $0.64 | $0.25 | $0.70 | $0.54 | $1.14 | $0.48 | $0.42 | $0.29 |
| Weighted average shares, basic | 17 | 17 | 17 | 17 | 17 | 17 | 18 | 18 | 18 | 18 | 19 | 19 |
| Weighted average shares, diluted | 17 | 17 | 17 | 28 | 30 | 34 | 36 | 39 | 44 | 49 | 51 | 54 |
| EBITDA | 0 | 32 | 14 | 26 | 37 | 27 | 27 | 23 | 62 | 36 | 33 | 28 |
| Depreciation & amortization | 0 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 |
| EBIT | 0 | 31 | 12 | 25 | 36 | 26 | 26 | 22 | 61 | 35 | 32 | 26 |