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Side-by-side financial comparison of NexPoint Real Estate Finance, Inc. (NREF) and High Roller Technologies, Inc. (ROLR). Click either name above to swap in a different company.
NexPoint Real Estate Finance, Inc. is the larger business by last-quarter revenue ($11.1M vs $6.3M, roughly 1.8× High Roller Technologies, Inc.). NexPoint Real Estate Finance, Inc. runs the higher net margin — 216.6% vs 58.4%, a 158.2% gap on every dollar of revenue. On growth, High Roller Technologies, Inc. posted the faster year-over-year revenue change (-16.4% vs -48.8%).
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.
S&S – Sansei Technologies is an American company known for its pneumatically powered amusement rides and roller coaster designing.
NREF vs ROLR — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | ||
|---|---|---|
| Revenue | $11.1M | $6.3M |
| Net Profit | $24.0M | $3.7M |
| Gross Margin | — | — |
| Operating Margin | — | 1.3% |
| Net Margin | 216.6% | 58.4% |
| Revenue YoY | -48.8% | -16.4% |
| Net Profit YoY | 58.7% | 831.9% |
| EPS (diluted) | $0.47 | $0.39 |
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 | $11.1M | — | ||
| Q3 25 | $12.5M | $6.3M | ||
| Q2 25 | $12.1M | $6.9M | ||
| Q1 25 | $11.5M | $6.8M | ||
| Q4 24 | $21.7M | — | ||
| Q3 24 | $12.5M | $7.5M | ||
| Q2 24 | $6.7M | — | ||
| Q1 24 | $-12.8M | — |
| Q4 25 | $24.0M | — | ||
| Q3 25 | $50.9M | $3.7M | ||
| Q2 25 | $22.3M | $-592.0K | ||
| Q1 25 | $26.0M | $-3.3M | ||
| Q4 24 | $15.2M | — | ||
| Q3 24 | $23.3M | $-501.0K | ||
| Q2 24 | $12.1M | — | ||
| Q1 24 | $-14.6M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | 1.3% | ||
| Q2 25 | — | -7.2% | ||
| Q1 25 | — | -47.4% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -6.3% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | 216.6% | — | ||
| Q3 25 | 407.0% | 58.4% | ||
| Q2 25 | 184.5% | -8.5% | ||
| Q1 25 | 225.6% | -48.4% | ||
| Q4 24 | 69.9% | — | ||
| Q3 24 | 186.4% | -6.7% | ||
| Q2 24 | 179.7% | — | ||
| Q1 24 | 114.3% | — |
| Q4 25 | $0.47 | — | ||
| Q3 25 | $1.14 | $0.39 | ||
| Q2 25 | $0.54 | $-0.07 | ||
| Q1 25 | $0.70 | $-0.39 | ||
| Q4 24 | $0.71 | — | ||
| Q3 24 | $0.74 | $-0.07 | ||
| Q2 24 | $0.40 | — | ||
| Q1 24 | $-0.83 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $31.1M | $2.7M |
| Total DebtLower is stronger | $771.2M | — |
| Stockholders' EquityBook value | $388.0M | $6.6M |
| Total Assets | $5.3B | $16.0M |
| Debt / EquityLower = less leverage | 1.99× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $31.1M | — | ||
| Q3 25 | $17.9M | $2.7M | ||
| Q2 25 | $9.1M | $2.7M | ||
| Q1 25 | $19.2M | $3.5M | ||
| Q4 24 | $3.9M | — | ||
| Q3 24 | $34.7M | $1.3M | ||
| Q2 24 | $4.3M | — | ||
| Q1 24 | $13.5M | — |
| 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 | — |
| Q4 25 | $388.0M | — | ||
| Q3 25 | $375.4M | $6.6M | ||
| Q2 25 | $348.2M | $2.6M | ||
| Q1 25 | $343.7M | $2.8M | ||
| Q4 24 | $336.5M | — | ||
| Q3 24 | $335.8M | $-779.0K | ||
| Q2 24 | $327.5M | — | ||
| Q1 24 | $327.1M | — |
| Q4 25 | $5.3B | — | ||
| Q3 25 | $5.3B | $16.0M | ||
| Q2 25 | $5.4B | $12.3M | ||
| Q1 25 | $5.4B | $12.8M | ||
| Q4 24 | $5.4B | — | ||
| Q3 24 | $5.7B | $12.9M | ||
| Q2 24 | $6.6B | — | ||
| Q1 24 | $7.1B | — |
| 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 | ||
|---|---|---|
| Operating Cash FlowLast quarter | $-4.5M | $-78.0K |
| Free Cash FlowOCF − Capex | — | $-90.0K |
| FCF MarginFCF / Revenue | — | -1.4% |
| Capex IntensityCapex / Revenue | — | 0.2% |
| Cash ConversionOCF / Net Profit | -0.19× | -0.02× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-4.5M | — | ||
| Q3 25 | $8.1M | $-78.0K | ||
| Q2 25 | $3.3M | $-840.0K | ||
| Q1 25 | $16.0M | $-3.6M | ||
| Q4 24 | $4.4M | — | ||
| Q3 24 | $14.7M | — | ||
| Q2 24 | $-7.5M | — | ||
| Q1 24 | $17.7M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | $-90.0K | ||
| Q2 25 | — | $-845.0K | ||
| Q1 25 | — | $-3.6M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | — | -1.4% | ||
| Q2 25 | — | -12.2% | ||
| Q1 25 | — | -53.5% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.2% | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | -0.19× | — | ||
| Q3 25 | 0.16× | -0.02× | ||
| Q2 25 | 0.15× | — | ||
| Q1 25 | 0.62× | — | ||
| Q4 24 | 0.29× | — | ||
| Q3 24 | 0.63× | — | ||
| Q2 24 | -0.62× | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NREF
Segment breakdown not available.
ROLR
| Net Gaming Revenue | $4.9M | 77% |
| Net Revenue Noncore Services | $1.4M | 23% |