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Side-by-side financial comparison of NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP (NEN) and NextPlat Corp (NXPL). Click either name above to swap in a different company.
NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP is the larger business by last-quarter revenue ($23.6M vs $12.8M, roughly 1.8× NextPlat Corp). NextPlat Corp runs the higher net margin — -40.2% vs -677.3%, a 637.1% gap on every dollar of revenue. On growth, NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP posted the faster year-over-year revenue change (15.7% vs -21.1%). Over the past eight quarters, NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP's revenue compounded faster (8.9% CAGR vs -14.4%).
New England Realty Associates Limited Partnership is a real estate investment entity that owns, operates and manages residential and commercial properties primarily across the U.S. New England region. Its core assets include multifamily apartments, mixed-use properties and small commercial spaces, serving tenants across Massachusetts, New Hampshire and adjacent states, delivering steady returns to unitholders via rental income and property value growth.
NEN vs NXPL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $23.6M | $12.8M |
| Net Profit | $-1.4M | $-5.1M |
| Gross Margin | — | 14.3% |
| Operating Margin | 14.0% | -28.9% |
| Net Margin | -677.3% | -40.2% |
| Revenue YoY | 15.7% | -21.1% |
| Net Profit YoY | -133.0% | -70.6% |
| EPS (diluted) | — | — |
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.
| Q4 25 | $23.6M | $12.8M | ||
| Q3 25 | $23.7M | $13.8M | ||
| Q2 25 | $21.2M | $13.2M | ||
| Q1 25 | $20.7M | $14.5M | ||
| Q4 24 | $20.4M | $16.2M | ||
| Q3 24 | $20.2M | $15.4M | ||
| Q2 24 | $20.1M | $17.0M | ||
| Q1 24 | $19.9M | $17.5M |
| Q4 25 | $-1.4M | $-5.1M | ||
| Q3 25 | $-521.8K | $-2.2M | ||
| Q2 25 | $4.1M | $-1.8M | ||
| Q1 25 | $3.8M | $-1.3M | ||
| Q4 24 | $4.2M | $-3.0M | ||
| Q3 24 | $3.9M | $-4.2M | ||
| Q2 24 | $4.1M | $-5.3M | ||
| Q1 24 | $3.5M | $-1.5M |
| Q4 25 | — | 14.3% | ||
| Q3 25 | — | 19.9% | ||
| Q2 25 | — | 21.8% | ||
| Q1 25 | — | 23.8% | ||
| Q4 24 | — | 16.8% | ||
| Q3 24 | — | 23.2% | ||
| Q2 24 | — | 34.5% | ||
| Q1 24 | — | 27.8% |
| Q4 25 | 14.0% | -28.9% | ||
| Q3 25 | 20.0% | -14.5% | ||
| Q2 25 | 33.3% | -13.8% | ||
| Q1 25 | 30.1% | -10.2% | ||
| Q4 24 | 32.4% | -14.1% | ||
| Q3 24 | 32.0% | -52.1% | ||
| Q2 24 | 32.6% | -64.1% | ||
| Q1 24 | 28.9% | -10.5% |
| Q4 25 | -677.3% | -40.2% | ||
| Q3 25 | -2.2% | -15.9% | ||
| Q2 25 | 19.5% | -13.5% | ||
| Q1 25 | 18.3% | -9.2% | ||
| Q4 24 | 20.7% | -18.6% | ||
| Q3 24 | 19.3% | -27.4% | ||
| Q2 24 | 20.3% | -31.3% | ||
| Q1 24 | 17.4% | -8.5% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $-0.05 | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-0.22 | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $-0.08 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $26.7M | $13.7M |
| Total DebtLower is stronger | $531.0M | $1.3M |
| Stockholders' EquityBook value | — | $17.3M |
| Total Assets | $505.3M | $27.5M |
| Debt / EquityLower = less leverage | — | 0.07× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $26.7M | $13.7M | ||
| Q3 25 | $13.4M | $13.9M | ||
| Q2 25 | $16.7M | $16.6M | ||
| Q1 25 | $30.9M | $17.7M | ||
| Q4 24 | $17.6M | $20.0M | ||
| Q3 24 | $15.1M | $20.4M | ||
| Q2 24 | $13.5M | $24.9M | ||
| Q1 24 | $28.8M | $23.5M |
| Q4 25 | $531.0M | $1.3M | ||
| Q3 25 | $514.2M | $1.2M | ||
| Q2 25 | $514.3M | $1.2M | ||
| Q1 25 | $407.8M | $1.3M | ||
| Q4 24 | $408.6M | $1.4M | ||
| Q3 24 | $409.3M | $1.5M | ||
| Q2 24 | $410.0M | $1.3M | ||
| Q1 24 | $410.7M | $1.4M |
| Q4 25 | — | $17.3M | ||
| Q3 25 | — | $21.4M | ||
| Q2 25 | — | $23.5M | ||
| Q1 25 | — | $25.3M | ||
| Q4 24 | — | $27.3M | ||
| Q3 24 | — | $22.5M | ||
| Q2 24 | — | $26.5M | ||
| Q1 24 | — | $31.2M |
| Q4 25 | $505.3M | $27.5M | ||
| Q3 25 | $492.9M | $30.0M | ||
| Q2 25 | $494.8M | $31.0M | ||
| Q1 25 | $385.2M | $35.2M | ||
| Q4 24 | $393.5M | $37.1M | ||
| Q3 24 | $387.4M | $41.1M | ||
| Q2 24 | $383.7M | $51.5M | ||
| Q1 24 | $381.2M | $65.1M |
| Q4 25 | — | 0.07× | ||
| Q3 25 | — | 0.05× | ||
| Q2 25 | — | 0.05× | ||
| Q1 25 | — | 0.05× | ||
| Q4 24 | — | 0.05× | ||
| Q3 24 | — | 0.07× | ||
| Q2 24 | — | 0.05× | ||
| Q1 24 | — | 0.04× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $27.7M | $-302.0K |
| Free Cash FlowOCF − Capex | — | $-339.0K |
| FCF MarginFCF / Revenue | — | -2.6% |
| Capex IntensityCapex / Revenue | — | 0.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $27.7M | $-302.0K | ||
| Q3 25 | $2.3M | $-2.7M | ||
| Q2 25 | $12.5M | $-1.0M | ||
| Q1 25 | $5.5M | $-2.1M | ||
| Q4 24 | $31.9M | $-476.0K | ||
| Q3 24 | $8.5M | $-4.6M | ||
| Q2 24 | $5.4M | $2.3M | ||
| Q1 24 | $6.1M | $-2.7M |
| Q4 25 | — | $-339.0K | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $-1.1M | ||
| Q1 25 | — | $-2.1M | ||
| Q4 24 | — | $-508.0K | ||
| Q3 24 | — | $-4.7M | ||
| Q2 24 | — | $2.2M | ||
| Q1 24 | — | $-2.7M |
| Q4 25 | — | -2.6% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | -8.0% | ||
| Q1 25 | — | -14.3% | ||
| Q4 24 | — | -3.1% | ||
| Q3 24 | — | -30.6% | ||
| Q2 24 | — | 13.2% | ||
| Q1 24 | — | -15.7% |
| Q4 25 | — | 0.3% | ||
| Q3 25 | — | 0.0% | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | 0.6% | ||
| Q2 24 | — | 0.4% | ||
| Q1 24 | — | 0.4% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 3.02× | — | ||
| Q1 25 | 1.44× | — | ||
| Q4 24 | 7.57× | — | ||
| Q3 24 | 2.17× | — | ||
| Q2 24 | 1.32× | — | ||
| Q1 24 | 1.77× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NEN
Segment breakdown not available.
NXPL
| Healthcare Operations | $9.0M | 70% |
| Ecommerce Revenue | $3.8M | 30% |
