NexPoint Real Estate Finance Inc — Financial Statements (NYSE:NREF)

Financials

Total revenue 17.67 M26.05 M37.58 M12.5 M27.9 M 9.97 M Gross profit 17.67 M26.05 M37.41 M8.2 M27.18 M -14.62 M Operating expenses 9.25 M13.85 M26.18 M23.35 M36.64 M 34.88 M Selling/general/admin expenses 3.38 M6.37 M7.24 M9.2 M12.81 M 12.94 M Research & development ————— — Operating income 8.42 M12.21 M11.23 M-15.15 M-9.46 M -49.5 M Non-Operating Income, Total 25.75 M71.26 M2.66 M25.29 M44.47 M 91.37 M Interest expense, net of interest capitalized 21.31 M29.77 M40.26 M51.56 M44.42 M 42.43 M Non-Operating Income, excl. Interest Expenses 4.44 M40.71 M-37.99 M-27.79 M-699 K 48.67 M Unusual income/expense —780 K399 K1.52 M748 K 264 K Pretax income 25.89 M67.7 M-6.98 M12.66 M39.4 M 45.16 M Equity in earnings ———2.56 M3.95 M 1.04 M Taxes ————— — Non-controlling/minority interest 21.32 M40.39 M2.5 M4.76 M6.77 M 14.04 M After tax other income/expense ————— — Net income before discontinued operations 12.85 M43.09 M11.71 M13.97 M29.19 M 70.93 M Discontinued operations ————— — Net income 12.85 M43.09 M11.71 M13.97 M29.19 M 70.93 M Dilution adjustment 21.32 M40.39 M04.68 M6.77 M 25.14 M Preferred dividends 1.75 M3.51 M3.51 M3.5 M3.5 M 16.34 M Diluted net income available to common stockholders 32.42 M79.96 M8.2 M15.16 M32.47 M 79.72 M Basic earnings per share (Basic EPS) 2.1360.220.61.02 4.13 Diluted earnings per share (Diluted EPS) 1.743.930.220.61.02 3.09 Average basic shares outstanding 5.21 M6.6 M14.69 M17.2 M17.4 M 70.35 M Diluted shares outstanding 18.65 M20.37 M14.69 M17.2 M17.4 M 136.76 M EBITDA ——14.13 M-12.69 M-3.85 M -46.08 M EBIT ——11.23 M-15.15 M-9.46 M -49.5 M Cost of revenue ——169 K4.3 M723 K 24.59 M Other cost of goods sold ————— — Depreciation & amortization (cash flow) 5.12 M6.57 M2.9 M2.46 M5.61 M 3.43 M