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Side-by-side financial comparison of Lument Finance Trust, Inc. (LFT) and TH International Ltd (THCH). Click either name above to swap in a different company.

TH International Ltd is the larger business by last-quarter revenue ($6.6M vs $5.4M, roughly 1.2× Lument Finance Trust, Inc.). TH International Ltd runs the higher net margin — -41.2% vs -144.5%, a 103.4% gap on every dollar of revenue.

Lument Finance Trust, Inc. is a US-based real estate finance firm that primarily invests in, manages, and operates credit assets tied to multifamily residential and commercial real estate. Its core offerings include bridge loans, permanent financing solutions, and structured real estate debt products for property owners and operators across the United States.

TH International Ltd is the exclusive operator of the Tim Hortons coffee brand in mainland China. It offers freshly brewed coffee, artisanal baked goods, light meals and branded peripheral products, operating physical offline stores and third-party delivery channels, targeting young urban consumers across tier 1, tier 2 and tier 3 cities in China.

LFT vs THCH — Head-to-Head

Bigger by revenue
THCH
THCH
1.2× larger
THCH
$6.6M
$5.4M
LFT
Higher net margin
THCH
THCH
103.4% more per $
THCH
-41.2%
-144.5%
LFT

Income Statement — Q4 FY2025 vs Q1 FY2024

Metric
LFT
LFT
THCH
THCH
Revenue
$5.4M
$6.6M
Net Profit
$-7.8M
$-2.7M
Gross Margin
Operating Margin
-37.3%
Net Margin
-144.5%
-41.2%
Revenue YoY
-42.6%
Net Profit YoY
-262.0%
EPS (diluted)
$-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
LFT
LFT
THCH
THCH
Q4 25
$5.4M
Q3 25
$5.1M
Q2 25
$7.0M
Q1 25
$7.7M
Q4 24
$9.4M
Q3 24
$9.5M
Q2 24
$9.5M
Q1 24
$13.0M
$6.6M
Net Profit
LFT
LFT
THCH
THCH
Q4 25
$-7.8M
Q3 25
$1.8M
Q2 25
$3.7M
Q1 25
$-522.6K
Q4 24
$4.8M
Q3 24
$6.3M
Q2 24
$4.6M
Q1 24
$7.0M
$-2.7M
Operating Margin
LFT
LFT
THCH
THCH
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
-37.3%
Net Margin
LFT
LFT
THCH
THCH
Q4 25
-144.5%
Q3 25
36.5%
Q2 25
53.0%
Q1 25
-6.8%
Q4 24
51.2%
Q3 24
66.2%
Q2 24
48.3%
Q1 24
53.7%
-41.2%
EPS (diluted)
LFT
LFT
THCH
THCH
Q4 25
$-0.17
Q3 25
$0.01
Q2 25
$0.05
Q1 25
$-0.03
Q4 24
$0.06
Q3 24
$0.10
Q2 24
$0.07
Q1 24
$0.11

Balance Sheet & Financial Strength

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

Metric
LFT
LFT
THCH
THCH
Cash + ST InvestmentsLiquidity on hand
$23.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$219.0M
Total Assets
$1.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LFT
LFT
THCH
THCH
Q4 25
$23.1M
Q3 25
$56.0M
Q2 25
$59.4M
Q1 25
$63.5M
Q4 24
$69.2M
Q3 24
$45.6M
Q2 24
$65.1M
Q1 24
$64.6M
Stockholders' Equity
LFT
LFT
THCH
THCH
Q4 25
$219.0M
Q3 25
$230.0M
Q2 25
$231.4M
Q1 25
$231.9M
Q4 24
$237.8M
Q3 24
$243.0M
Q2 24
$242.1M
Q1 24
$242.8M
Total Assets
LFT
LFT
THCH
THCH
Q4 25
$1.2B
Q3 25
$955.7M
Q2 25
$998.4M
Q1 25
$1.1B
Q4 24
$1.1B
Q3 24
$1.3B
Q2 24
$1.3B
Q1 24
$1.4B

Cash Flow & Capital Efficiency

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

Metric
LFT
LFT
THCH
THCH
Operating Cash FlowLast quarter
$10.1M
$-511
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
LFT
LFT
THCH
THCH
Q4 25
$10.1M
Q3 25
$1.1M
Q2 25
$3.6M
Q1 25
$4.1M
Q4 24
$27.1M
Q3 24
$6.2M
Q2 24
$5.5M
Q1 24
$9.1M
$-511
Cash Conversion
LFT
LFT
THCH
THCH
Q4 25
Q3 25
0.62×
Q2 25
0.98×
Q1 25
Q4 24
5.66×
Q3 24
0.99×
Q2 24
1.19×
Q1 24
1.30×

Financial Flow Comparison

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

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