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INTELLIGENT PROTECTION MANAGEMENT CORP.（IPM）与NexPoint Real Estate Finance, Inc.（NREF）财务数据对比。点击上方公司名可切换其他公司
NexPoint Real Estate Finance, Inc.的季度营收约是INTELLIGENT PROTECTION MANAGEMENT CORP.的1.8倍（$11.1M vs $6.1M），INTELLIGENT PROTECTION MANAGEMENT CORP.同比增速更快（2091.6% vs -48.8%）
智能防护管理公司是一家总部位于英国格洛斯特郡的控股母公司，于2008年5月21日完成注册。公司为旗下四家子公司提供集团管理架构，其前身是专精于情报搜集、反间谍与反窃听检测业务的国际情报有限公司。
NexPoint Real Estate Finance, Inc.是一家总部位于美国的商业地产金融企业，主要为多户住宅、写字楼、工业及酒店物业提供结构化融资方案，运营并管理抵押贷款及其他地产相关投资组合，为利益相关方提供经风险调整的稳定回报。
IPM vs NREF — 直观对比
营收规模更大
NREF
是对方的1.8倍
$6.1M
营收增速更快
IPM
高出2140.4%
-48.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $6.1M | $11.1M |
| 净利润 | — | $24.0M |
| 毛利率 | 53.1% | — |
| 营业利润率 | -13.4% | — |
| 净利率 | — | 216.6% |
| 营收同比 | 2091.6% | -48.8% |
| 净利润同比 | — | 58.7% |
| 每股收益（稀释后） | $-0.05 | $0.47 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收IPMNREF
| Q4 25 | $6.1M | $11.1M | ||
| Q3 25 | $6.2M | $12.5M | ||
| Q2 25 | $5.7M | $12.1M | ||
| Q1 25 | $5.5M | $11.5M | ||
| Q4 24 | — | $21.7M | ||
| Q3 24 | — | $12.5M | ||
| Q2 24 | — | $6.7M | ||
| Q1 24 | — | $-12.8M |
净利润IPMNREF
| Q4 25 | — | $24.0M | ||
| Q3 25 | $-1.1M | $50.9M | ||
| Q2 25 | $-1.1M | $22.3M | ||
| Q1 25 | $808.5K | $26.0M | ||
| Q4 24 | — | $15.2M | ||
| Q3 24 | — | $23.3M | ||
| Q2 24 | — | $12.1M | ||
| Q1 24 | — | $-14.6M |
毛利率IPMNREF
| Q4 25 | 53.1% | — | ||
| Q3 25 | 50.7% | — | ||
| Q2 25 | 50.1% | — | ||
| Q1 25 | 55.3% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
营业利润率IPMNREF
| Q4 25 | -13.4% | — | ||
| Q3 25 | -23.0% | — | ||
| Q2 25 | -19.7% | — | ||
| Q1 25 | -24.2% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
净利率IPMNREF
| Q4 25 | — | 216.6% | ||
| Q3 25 | -17.4% | 407.0% | ||
| Q2 25 | -18.3% | 184.5% | ||
| Q1 25 | 14.7% | 225.6% | ||
| Q4 24 | — | 69.9% | ||
| Q3 24 | — | 186.4% | ||
| Q2 24 | — | 179.7% | ||
| Q1 24 | — | 114.3% |
每股收益（稀释后）IPMNREF
| Q4 25 | $-0.05 | $0.47 | ||
| Q3 25 | $-0.08 | $1.14 | ||
| Q2 25 | $-0.08 | $0.54 | ||
| Q1 25 | $0.06 | $0.70 | ||
| Q4 24 | — | $0.71 | ||
| Q3 24 | — | $0.74 | ||
| Q2 24 | — | $0.40 | ||
| Q1 24 | — | $-0.83 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $5.6M | $31.1M |
| 总债务越低越好 | — | $771.2M |
| 股东权益账面价值 | $18.2M | $388.0M |
| 总资产 | $26.0M | $5.3B |
| 负债/权益比越低杠杆越低 | — | 1.99× |
8季度趋势，按日历期对齐
现金及短期投资IPMNREF
| Q4 25 | $5.6M | $31.1M | ||
| Q3 25 | $7.3M | $17.9M | ||
| Q2 25 | $7.3M | $9.1M | ||
| Q1 25 | $9.7M | $19.2M | ||
| Q4 24 | — | $3.9M | ||
| Q3 24 | — | $34.7M | ||
| Q2 24 | — | $4.3M | ||
| Q1 24 | — | $13.5M |
总债务IPMNREF
| 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 |
股东权益IPMNREF
| Q4 25 | $18.2M | $388.0M | ||
| Q3 25 | $18.8M | $375.4M | ||
| Q2 25 | $19.9M | $348.2M | ||
| Q1 25 | $21.1M | $343.7M | ||
| Q4 24 | — | $336.5M | ||
| Q3 24 | — | $335.8M | ||
| Q2 24 | — | $327.5M | ||
| Q1 24 | — | $327.1M |
总资产IPMNREF
| Q4 25 | $26.0M | $5.3B | ||
| Q3 25 | $27.2M | $5.3B | ||
| Q2 25 | $29.8M | $5.4B | ||
| Q1 25 | $31.1M | $5.4B | ||
| Q4 24 | — | $5.4B | ||
| Q3 24 | — | $5.7B | ||
| Q2 24 | — | $6.6B | ||
| Q1 24 | — | $7.1B |
负债/权益比IPMNREF
| 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× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $87.6K | $-4.5M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | -0.19× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流IPMNREF
| Q4 25 | $87.6K | $-4.5M | ||
| Q3 25 | $133.0K | $8.1M | ||
| Q2 25 | $-888.7K | $3.3M | ||
| Q1 25 | $1.7M | $16.0M | ||
| Q4 24 | — | $4.4M | ||
| Q3 24 | — | $14.7M | ||
| Q2 24 | — | $-7.5M | ||
| Q1 24 | — | $17.7M |
资本支出强度IPMNREF
| Q4 25 | — | — | ||
| Q3 25 | 0.0% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金转化率IPMNREF
| Q4 25 | — | -0.19× | ||
| Q3 25 | — | 0.16× | ||
| Q2 25 | — | 0.15× | ||
| Q1 25 | 2.16× | 0.62× | ||
| Q4 24 | — | 0.29× | ||
| Q3 24 | — | 0.63× | ||
| Q2 24 | — | -0.62× | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
IPM
| Procurement Revenue | $5.4M | 88% |
| Other | $743.9K | 12% |
NREF
暂无分部数据
