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Side-by-side financial comparison of Cherry Hill Mortgage Investment Corp (CHMI) and FENNEC PHARMACEUTICALS INC. (FENC). Click either name above to swap in a different company.

FENNEC PHARMACEUTICALS INC. is the larger business by last-quarter revenue ($13.8M vs $11.8M, roughly 1.2× Cherry Hill Mortgage Investment Corp). On growth, FENNEC PHARMACEUTICALS INC. posted the faster year-over-year revenue change (73.8% vs -37.2%). Over the past eight quarters, Cherry Hill Mortgage Investment Corp's revenue compounded faster (-15.2% CAGR vs -26.3%).

Cherry Hill Mortgage Investment Corp is a U.S.-headquartered real estate finance firm focused on acquiring, investing in and managing residential mortgage-related assets. Its core holdings include agency mortgage-backed securities, residential loans and mortgage servicing rights, operating primarily in the U.S. domestic housing finance market.

Fennec Pharmaceuticals Inc. is a biopharmaceutical firm focused on developing and commercializing therapies to reduce treatment-related side effects in pediatric cancer patients. Its lead product targets chemotherapy-induced ototoxicity, with core North American markets serving oncology providers and vulnerable pediatric patient groups.

CHMI vs FENC — Head-to-Head

Bigger by revenue
FENC
FENC
1.2× larger
FENC
$13.8M
$11.8M
CHMI
Growing faster (revenue YoY)
FENC
FENC
+111.0% gap
FENC
73.8%
-37.2%
CHMI
Faster 2-yr revenue CAGR
CHMI
CHMI
Annualised
CHMI
-15.2%
-26.3%
FENC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CHMI
CHMI
FENC
FENC
Revenue
$11.8M
$13.8M
Net Profit
$-4.8M
Gross Margin
78.9%
Operating Margin
72.1%
-18.5%
Net Margin
-34.7%
Revenue YoY
-37.2%
73.8%
Net Profit YoY
-141.1%
EPS (diluted)
$0.18
$-0.17

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
CHMI
CHMI
FENC
FENC
Q4 25
$11.8M
$13.8M
Q3 25
$8.6M
$12.5M
Q2 25
$6.0M
$9.7M
Q1 25
$-3.0M
$8.8M
Q4 24
$18.7M
$7.9M
Q3 24
$-7.1M
$7.0M
Q2 24
$6.6M
$7.3M
Q1 24
$16.3M
$25.4M
Net Profit
CHMI
CHMI
FENC
FENC
Q4 25
$-4.8M
Q3 25
$4.5M
$-638.0K
Q2 25
$1.6M
$-3.2M
Q1 25
$-7.0M
$-1.2M
Q4 24
$-2.0M
Q3 24
$-12.4M
$-5.7M
Q2 24
$784.0K
$-5.6M
Q1 24
$12.1M
$12.8M
Gross Margin
CHMI
CHMI
FENC
FENC
Q4 25
78.9%
Q3 25
73.2%
Q2 25
67.7%
Q1 25
183.4%
Q4 24
83.3%
Q3 24
145.3%
Q2 24
47.5%
Q1 24
83.9%
Operating Margin
CHMI
CHMI
FENC
FENC
Q4 25
72.1%
-18.5%
Q3 25
56.0%
-1.5%
Q2 25
44.4%
-28.3%
Q1 25
223.6%
-9.2%
Q4 24
76.2%
-11.8%
Q3 24
171.8%
-74.6%
Q2 24
22.0%
-69.4%
Q1 24
78.0%
54.2%
Net Margin
CHMI
CHMI
FENC
FENC
Q4 25
-34.7%
Q3 25
52.7%
-5.1%
Q2 25
25.9%
-32.7%
Q1 25
229.2%
-13.3%
Q4 24
-25.0%
Q3 24
175.8%
-82.2%
Q2 24
11.9%
-76.5%
Q1 24
73.7%
50.6%
EPS (diluted)
CHMI
CHMI
FENC
FENC
Q4 25
$0.18
$-0.17
Q3 25
$0.05
$-0.02
Q2 25
$-0.03
$-0.11
Q1 25
$-0.29
$-0.04
Q4 24
$0.30
$-0.02
Q3 24
$-0.49
$-0.21
Q2 24
$-0.06
$-0.20
Q1 24
$0.32
$0.41

Balance Sheet & Financial Strength

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

Metric
CHMI
CHMI
FENC
FENC
Cash + ST InvestmentsLiquidity on hand
$54.9M
$36.8M
Total DebtLower is stronger
$146.3M
Stockholders' EquityBook value
$236.0M
$35.5M
Total Assets
$1.5B
$70.6M
Debt / EquityLower = less leverage
0.62×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CHMI
CHMI
FENC
FENC
Q4 25
$54.9M
$36.8M
Q3 25
$55.4M
$21.9M
Q2 25
$58.0M
$18.7M
Q1 25
$47.3M
$22.7M
Q4 24
$46.3M
$26.6M
Q3 24
$50.2M
$40.3M
Q2 24
$52.4M
$43.1M
Q1 24
$47.5M
$51.2M
Total Debt
CHMI
CHMI
FENC
FENC
Q4 25
$146.3M
Q3 25
$148.0M
$19.4M
Q2 25
$150.1M
$19.4M
Q1 25
$150.1M
$19.4M
Q4 24
$152.1M
$19.3M
Q3 24
$151.8M
$32.1M
Q2 24
$160.5M
$31.8M
Q1 24
$167.5M
$31.3M
Stockholders' Equity
CHMI
CHMI
FENC
FENC
Q4 25
$236.0M
$35.5M
Q3 25
$233.1M
$-4.5M
Q2 25
$229.9M
$-7.5M
Q1 25
$226.6M
$-5.9M
Q4 24
$230.3M
$-5.9M
Q3 24
$236.7M
$-5.2M
Q2 24
$234.5M
$-1.4M
Q1 24
$247.0M
$3.0M
Total Assets
CHMI
CHMI
FENC
FENC
Q4 25
$1.5B
$70.6M
Q3 25
$1.5B
$49.3M
Q2 25
$1.5B
$44.9M
Q1 25
$1.4B
$46.4M
Q4 24
$1.5B
$44.9M
Q3 24
$1.6B
$58.9M
Q2 24
$1.4B
$63.2M
Q1 24
$1.4B
$69.2M
Debt / Equity
CHMI
CHMI
FENC
FENC
Q4 25
0.62×
Q3 25
0.63×
Q2 25
0.65×
Q1 25
0.66×
Q4 24
0.66×
Q3 24
0.64×
Q2 24
0.68×
Q1 24
0.68×
10.40×

Cash Flow & Capital Efficiency

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

Metric
CHMI
CHMI
FENC
FENC
Operating Cash FlowLast quarter
$19.1M
$-6.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CHMI
CHMI
FENC
FENC
Q4 25
$19.1M
$-6.0M
Q3 25
$-2.4M
$1.5M
Q2 25
$12.5M
$-3.7M
Q1 25
$682.0K
$-4.3M
Q4 24
$-4.7M
$-1.5M
Q3 24
$4.4M
$-2.2M
Q2 24
$4.1M
$-8.4M
Q1 24
$-19.1M
$39.0M
Cash Conversion
CHMI
CHMI
FENC
FENC
Q4 25
Q3 25
-0.53×
Q2 25
7.98×
Q1 25
Q4 24
Q3 24
Q2 24
5.18×
Q1 24
-1.58×
3.04×

Financial Flow Comparison

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

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