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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

Bigger by revenue
NREF
NREF
1.8× larger
NREF
$11.1M
$6.3M
ROLR
Growing faster (revenue YoY)
ROLR
ROLR
+32.4% gap
ROLR
-16.4%
-48.8%
NREF
Higher net margin
NREF
NREF
158.2% more per $
NREF
216.6%
58.4%
ROLR

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
NREF
NREF
ROLR
ROLR
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.

Revenue
NREF
NREF
ROLR
ROLR
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
Net Profit
NREF
NREF
ROLR
ROLR
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
Operating Margin
NREF
NREF
ROLR
ROLR
Q4 25
Q3 25
1.3%
Q2 25
-7.2%
Q1 25
-47.4%
Q4 24
Q3 24
-6.3%
Q2 24
Q1 24
Net Margin
NREF
NREF
ROLR
ROLR
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%
EPS (diluted)
NREF
NREF
ROLR
ROLR
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
NREF
NREF
ROLR
ROLR
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.

Cash + ST Investments
NREF
NREF
ROLR
ROLR
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
Total Debt
NREF
NREF
ROLR
ROLR
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
NREF
NREF
ROLR
ROLR
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
Total Assets
NREF
NREF
ROLR
ROLR
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
Debt / Equity
NREF
NREF
ROLR
ROLR
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
NREF
NREF
ROLR
ROLR
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.

Operating Cash Flow
NREF
NREF
ROLR
ROLR
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
Free Cash Flow
NREF
NREF
ROLR
ROLR
Q4 25
Q3 25
$-90.0K
Q2 25
$-845.0K
Q1 25
$-3.6M
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
NREF
NREF
ROLR
ROLR
Q4 25
Q3 25
-1.4%
Q2 25
-12.2%
Q1 25
-53.5%
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
NREF
NREF
ROLR
ROLR
Q4 25
Q3 25
0.2%
Q2 25
0.1%
Q1 25
0.2%
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
NREF
NREF
ROLR
ROLR
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
NREF

Segment breakdown not available.

ROLR
ROLR

Net Gaming Revenue$4.9M77%
Net Revenue Noncore Services$1.4M23%

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