vs

Side-by-side financial comparison of AVINO SILVER & GOLD MINES LTD (ASM) and NexPoint Real Estate Finance, Inc. (NREF). Click either name above to swap in a different company.

AVINO SILVER & GOLD MINES LTD is the larger business by last-quarter revenue ($21.0M vs $11.1M, roughly 1.9× NexPoint Real Estate Finance, Inc.). NexPoint Real Estate Finance, Inc. runs the higher net margin — 216.6% vs 36.6%, a 180.0% gap on every dollar of revenue. On growth, AVINO SILVER & GOLD MINES LTD posted the faster year-over-year revenue change (44.0% vs -48.8%).

Avino Silver & Gold Mines Ltd is a Canada-based mining company engaged in the exploration, development, and production of precious and base metals, primarily silver, gold, and copper. It operates its flagship Avino Mine property in Durango, Mexico, with its metal products supplied to global industrial and commodity markets.

NexPoint Real Estate Finance, Inc. is a US-based commercial real estate finance firm that offers structured financing solutions for multifamily, office, industrial, and hospitality properties. It focuses on originating, managing and servicing a diversified portfolio of mortgage loans and real estate-related investments to deliver stable risk-adjusted returns to stakeholders.

ASM vs NREF — Head-to-Head

Bigger by revenue
ASM
ASM
1.9× larger
ASM
$21.0M
$11.1M
NREF
Growing faster (revenue YoY)
ASM
ASM
+92.8% gap
ASM
44.0%
-48.8%
NREF
Higher net margin
NREF
NREF
180.0% more per $
NREF
216.6%
36.6%
ASM

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
ASM
ASM
NREF
NREF
Revenue
$21.0M
$11.1M
Net Profit
$7.7M
$24.0M
Gross Margin
47.1%
Operating Margin
Net Margin
36.6%
216.6%
Revenue YoY
44.0%
-48.8%
Net Profit YoY
558.9%
58.7%
EPS (diluted)
$0.05
$0.47

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ASM
ASM
NREF
NREF
Q4 25
$11.1M
Q3 25
$21.0M
$12.5M
Q2 25
$21.8M
$12.1M
Q1 25
$18.8M
$11.5M
Q4 24
$21.7M
Q3 24
$14.6M
$12.5M
Q2 24
$14.8M
$6.7M
Q1 24
$12.4M
$-12.8M
Net Profit
ASM
ASM
NREF
NREF
Q4 25
$24.0M
Q3 25
$7.7M
$50.9M
Q2 25
$2.9M
$22.3M
Q1 25
$5.6M
$26.0M
Q4 24
$15.2M
Q3 24
$1.2M
$23.3M
Q2 24
$1.2M
$12.1M
Q1 24
$599.0K
$-14.6M
Gross Margin
ASM
ASM
NREF
NREF
Q4 25
Q3 25
47.1%
Q2 25
46.9%
Q1 25
56.1%
Q4 24
Q3 24
39.1%
Q2 24
31.8%
Q1 24
18.9%
Net Margin
ASM
ASM
NREF
NREF
Q4 25
216.6%
Q3 25
36.6%
407.0%
Q2 25
13.1%
184.5%
Q1 25
29.8%
225.6%
Q4 24
69.9%
Q3 24
8.0%
186.4%
Q2 24
8.4%
179.7%
Q1 24
4.8%
114.3%
EPS (diluted)
ASM
ASM
NREF
NREF
Q4 25
$0.47
Q3 25
$0.05
$1.14
Q2 25
$0.02
$0.54
Q1 25
$0.04
$0.70
Q4 24
$0.71
Q3 24
$0.01
$0.74
Q2 24
$0.01
$0.40
Q1 24
$0.00
$-0.83

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ASM
ASM
NREF
NREF
Cash + ST InvestmentsLiquidity on hand
$57.3M
$31.1M
Total DebtLower is stronger
$771.2M
Stockholders' EquityBook value
$182.1M
$388.0M
Total Assets
$221.9M
$5.3B
Debt / EquityLower = less leverage
1.99×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASM
ASM
NREF
NREF
Q4 25
$31.1M
Q3 25
$57.3M
$17.9M
Q2 25
$37.3M
$9.1M
Q1 25
$26.6M
$19.2M
Q4 24
$3.9M
Q3 24
$7.8M
$34.7M
Q2 24
$5.3M
$4.3M
Q1 24
$3.5M
$13.5M
Total Debt
ASM
ASM
NREF
NREF
Q4 25
$771.2M
Q3 25
$720.9M
Q2 25
$815.6M
Q1 25
$831.5M
Q4 24
$799.3M
Q3 24
$815.5M
Q2 24
$861.0M
Q1 24
$843.3M
Stockholders' Equity
ASM
ASM
NREF
NREF
Q4 25
$388.0M
Q3 25
$182.1M
$375.4M
Q2 25
$144.8M
$348.2M
Q1 25
$132.3M
$343.7M
Q4 24
$336.5M
Q3 24
$114.5M
$335.8M
Q2 24
$112.2M
$327.5M
Q1 24
$107.8M
$327.1M
Total Assets
ASM
ASM
NREF
NREF
Q4 25
$5.3B
Q3 25
$221.9M
$5.3B
Q2 25
$174.7M
$5.4B
Q1 25
$157.7M
$5.4B
Q4 24
$5.4B
Q3 24
$135.4M
$5.7B
Q2 24
$133.7M
$6.6B
Q1 24
$128.6M
$7.1B
Debt / Equity
ASM
ASM
NREF
NREF
Q4 25
1.99×
Q3 25
1.92×
Q2 25
2.34×
Q1 25
2.42×
Q4 24
2.38×
Q3 24
2.43×
Q2 24
2.63×
Q1 24
2.58×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ASM
ASM
NREF
NREF
Operating Cash FlowLast quarter
$8.3M
$-4.5M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.08×
-0.19×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASM
ASM
NREF
NREF
Q4 25
$-4.5M
Q3 25
$8.3M
$8.1M
Q2 25
$8.3M
$3.3M
Q1 25
$758.0K
$16.0M
Q4 24
$4.4M
Q3 24
$4.1M
$14.7M
Q2 24
$1.1M
$-7.5M
Q1 24
$2.3M
$17.7M
Cash Conversion
ASM
ASM
NREF
NREF
Q4 25
-0.19×
Q3 25
1.08×
0.16×
Q2 25
2.92×
0.15×
Q1 25
0.13×
0.62×
Q4 24
0.29×
Q3 24
3.55×
0.63×
Q2 24
0.87×
-0.62×
Q1 24
3.92×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons