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Side-by-side financial comparison of Rithm Property Trust Inc. (RPT) and Token Cat Ltd (TC). Click either name above to swap in a different company.

Rithm Property Trust Inc. is the larger business by last-quarter revenue ($3.4M vs $2.8M, roughly 1.2× Token Cat Ltd). Rithm Property Trust Inc. runs the higher net margin — 95.4% vs -3.4%, a 98.7% gap on every dollar of revenue. On growth, Token Cat Ltd posted the faster year-over-year revenue change (-37.9% vs -39.7%).

Rithm Capital Corp. (Rithm) is an American investment management company headquartered in New York that focuses on real estate and alternative investments.

RPT vs TC — Head-to-Head

Bigger by revenue
RPT
RPT
1.2× larger
RPT
$3.4M
$2.8M
TC
Growing faster (revenue YoY)
TC
TC
+1.8% gap
TC
-37.9%
-39.7%
RPT
Higher net margin
RPT
RPT
98.7% more per $
RPT
95.4%
-3.4%
TC

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
RPT
RPT
TC
TC
Revenue
$3.4M
$2.8M
Net Profit
$3.2M
$-93.0K
Gross Margin
79.0%
Operating Margin
99.6%
-206.9%
Net Margin
95.4%
-3.4%
Revenue YoY
-39.7%
-37.9%
Net Profit YoY
11.2%
98.3%
EPS (diluted)
$-0.26

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
RPT
RPT
TC
TC
Q4 25
$3.4M
Q3 25
$4.0M
Q2 25
$4.2M
$2.8M
Q1 25
$249.0K
Q2 24
$4.4M
Q3 23
$1.1M
Q2 23
$12.7M
Q1 23
$540.0K
Net Profit
RPT
RPT
TC
TC
Q4 25
$3.2M
Q3 25
$-273.0K
Q2 25
$1.9M
$-93.0K
Q1 25
$-3.4M
Q2 24
$-5.6M
Q3 23
$-5.5M
Q2 23
$-4.2M
Q1 23
$-7.4M
Gross Margin
RPT
RPT
TC
TC
Q4 25
Q3 25
Q2 25
79.0%
Q1 25
Q2 24
69.2%
Q3 23
Q2 23
63.4%
Q1 23
Operating Margin
RPT
RPT
TC
TC
Q4 25
99.6%
Q3 25
-6.2%
Q2 25
45.7%
-206.9%
Q1 25
-1416.5%
Q2 24
-146.9%
Q3 23
-533.4%
Q2 23
-59.9%
Q1 23
-1346.5%
Net Margin
RPT
RPT
TC
TC
Q4 25
95.4%
Q3 25
-6.8%
Q2 25
45.1%
-3.4%
Q1 25
-1363.1%
Q2 24
-125.9%
Q3 23
-526.3%
Q2 23
-33.3%
Q1 23
-1369.3%
EPS (diluted)
RPT
RPT
TC
TC
Q4 25
$-0.26
Q3 25
$-0.03
Q2 25
$0.01
Q1 25
$-0.08
Q2 24
Q3 23
$-0.25
Q2 23
Q1 23
$-0.34

Balance Sheet & Financial Strength

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

Metric
RPT
RPT
TC
TC
Cash + ST InvestmentsLiquidity on hand
$79.3M
$150.0K
Total DebtLower is stronger
$1.4M
Stockholders' EquityBook value
$291.6M
$4.6M
Total Assets
$1.0B
$28.4M
Debt / EquityLower = less leverage
0.30×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RPT
RPT
TC
TC
Q4 25
$79.3M
Q3 25
$81.4M
Q2 25
$98.6M
$150.0K
Q1 25
$97.4M
Q2 24
$689.0K
Q3 23
$63.9M
Q2 23
$3.0M
Q1 23
$49.4M
Total Debt
RPT
RPT
TC
TC
Q4 25
Q3 25
Q2 25
$1.4M
Q1 25
Q2 24
$1.8M
Q3 23
Q2 23
Q1 23
Stockholders' Equity
RPT
RPT
TC
TC
Q4 25
$291.6M
Q3 25
$291.7M
Q2 25
$294.7M
$4.6M
Q1 25
$296.1M
Q2 24
$-787.0K
Q3 23
$320.2M
Q2 23
$9.1M
Q1 23
$330.4M
Total Assets
RPT
RPT
TC
TC
Q4 25
$1.0B
Q3 25
$1.0B
Q2 25
$1.0B
$28.4M
Q1 25
$1.0B
Q2 24
$12.5M
Q3 23
$1.4B
Q2 23
$25.1M
Q1 23
$1.4B
Debt / Equity
RPT
RPT
TC
TC
Q4 25
Q3 25
Q2 25
0.30×
Q1 25
Q2 24
Q3 23
Q2 23
Q1 23

Cash Flow & Capital Efficiency

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

Metric
RPT
RPT
TC
TC
Operating Cash FlowLast quarter
$-8.3M
$-23.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-2.56×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RPT
RPT
TC
TC
Q4 25
$-8.3M
Q3 25
$-5.8M
Q2 25
$-25.0K
$-23.7M
Q1 25
$-1.6M
Q2 24
$-1.5M
Q3 23
$-10.7M
Q2 23
$-7.2M
Q1 23
$-16.8M
Free Cash Flow
RPT
RPT
TC
TC
Q4 25
Q3 25
Q2 25
Q1 25
Q2 24
$-1.5M
Q3 23
Q2 23
Q1 23
FCF Margin
RPT
RPT
TC
TC
Q4 25
Q3 25
Q2 25
Q1 25
Q2 24
-34.4%
Q3 23
Q2 23
Q1 23
Capex Intensity
RPT
RPT
TC
TC
Q4 25
Q3 25
Q2 25
Q1 25
Q2 24
0.0%
Q3 23
0.0%
Q2 23
Q1 23
Cash Conversion
RPT
RPT
TC
TC
Q4 25
-2.56×
Q3 25
Q2 25
-0.01×
Q1 25
Q2 24
Q3 23
Q2 23
Q1 23

Financial Flow Comparison

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

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