vs

Side-by-side financial comparison of NexPoint Real Estate Finance, Inc. (NREF) and Silence Therapeutics plc (SLN). Click either name above to swap in a different company.

Silence Therapeutics plc is the larger business by last-quarter revenue ($15.7M vs $11.1M, roughly 1.4× NexPoint Real Estate Finance, Inc.). NexPoint Real Estate Finance, Inc. runs the higher net margin — 216.6% vs -14.7%, a 231.4% gap on every dollar of revenue.

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.

Silence Therapeutics is a London-based pharmaceutical company formed in 1994. The company has pioneered the development of short-interfering ribonucleic acid (siRNA) therapeutics for the treatment of rare diseases. Silence Therapeutics has offices in London, New Jersey, and Berlin, with its corporate headquarters located in Hammersmith, London.

NREF vs SLN — Head-to-Head

Bigger by revenue
SLN
SLN
1.4× larger
SLN
$15.7M
$11.1M
NREF
Higher net margin
NREF
NREF
231.4% more per $
NREF
216.6%
-14.7%
SLN

Income Statement — Q4 FY2025 vs Q1 FY2024

Metric
NREF
NREF
SLN
SLN
Revenue
$11.1M
$15.7M
Net Profit
$24.0M
$-2.3M
Gross Margin
82.2%
Operating Margin
-35.6%
Net Margin
216.6%
-14.7%
Revenue YoY
-48.8%
Net Profit YoY
58.7%
EPS (diluted)
$0.47
$-0.02

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
SLN
SLN
Q4 25
$11.1M
Q3 25
$12.5M
Q2 25
$12.1M
Q1 25
$11.5M
Q4 24
$21.7M
Q3 24
$12.5M
Q2 24
$6.7M
Q1 24
$-12.8M
$15.7M
Net Profit
NREF
NREF
SLN
SLN
Q4 25
$24.0M
Q3 25
$50.9M
Q2 25
$22.3M
Q1 25
$26.0M
Q4 24
$15.2M
Q3 24
$23.3M
Q2 24
$12.1M
Q1 24
$-14.6M
$-2.3M
Gross Margin
NREF
NREF
SLN
SLN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
82.2%
Operating Margin
NREF
NREF
SLN
SLN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
-35.6%
Net Margin
NREF
NREF
SLN
SLN
Q4 25
216.6%
Q3 25
407.0%
Q2 25
184.5%
Q1 25
225.6%
Q4 24
69.9%
Q3 24
186.4%
Q2 24
179.7%
Q1 24
114.3%
-14.7%
EPS (diluted)
NREF
NREF
SLN
SLN
Q4 25
$0.47
Q3 25
$1.14
Q2 25
$0.54
Q1 25
$0.70
Q4 24
$0.71
Q3 24
$0.74
Q2 24
$0.40
Q1 24
$-0.83
$-0.02

Balance Sheet & Financial Strength

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

Metric
NREF
NREF
SLN
SLN
Cash + ST InvestmentsLiquidity on hand
$31.1M
Total DebtLower is stronger
$771.2M
Stockholders' EquityBook value
$388.0M
$156.8M
Total Assets
$5.3B
Debt / EquityLower = less leverage
1.99×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NREF
NREF
SLN
SLN
Q4 25
$31.1M
Q3 25
$17.9M
Q2 25
$9.1M
Q1 25
$19.2M
Q4 24
$3.9M
Q3 24
$34.7M
Q2 24
$4.3M
Q1 24
$13.5M
Total Debt
NREF
NREF
SLN
SLN
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
SLN
SLN
Q4 25
$388.0M
Q3 25
$375.4M
Q2 25
$348.2M
Q1 25
$343.7M
Q4 24
$336.5M
Q3 24
$335.8M
Q2 24
$327.5M
Q1 24
$327.1M
$156.8M
Total Assets
NREF
NREF
SLN
SLN
Q4 25
$5.3B
Q3 25
$5.3B
Q2 25
$5.4B
Q1 25
$5.4B
Q4 24
$5.4B
Q3 24
$5.7B
Q2 24
$6.6B
Q1 24
$7.1B
Debt / Equity
NREF
NREF
SLN
SLN
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
SLN
SLN
Operating Cash FlowLast quarter
$-4.5M
$-9.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
-0.19×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NREF
NREF
SLN
SLN
Q4 25
$-4.5M
Q3 25
$8.1M
Q2 25
$3.3M
Q1 25
$16.0M
Q4 24
$4.4M
Q3 24
$14.7M
Q2 24
$-7.5M
Q1 24
$17.7M
$-9.1M
Capex Intensity
NREF
NREF
SLN
SLN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
0.0%
Cash Conversion
NREF
NREF
SLN
SLN
Q4 25
-0.19×
Q3 25
0.16×
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.

Related Comparisons