NREF-PA

Value Q3, 24Q4, 24Q1, 25Q2, 25Q3, 25 TTM Total common shares outstanding 17.46 M17.64 M17.71 M17.72 M17.72 M — Enterprise value ————— — Price to earnings ratio 21.4722.949.388.587.8 48.69 Price to sales ratio 15.9514.5936.439.58158.44 249.01 Price to cash flow ratio 21.5213.9126.3218.2824.99 83.49 Price to book ratio 0.371.050.40.410.46 2.33 Enterprise value to EBITDA ratio ————— — Return on assets % 0-0000.01 0.01 Return on equity % 0.06-0.040.060.050.11 0.19 Return on invested capital % ————— — Gross margin % 97.6100.0854.2823.551 582.04 1 759.96 Operating margin % 34.31335.7-50.18-110.582 371.46 2 546.39 EBITDA margin % 43.18306.46-36.57-101.692 312.85 2 481.04 Net margin % 156.46335.62274.93272.48-4 071.83 -3 188.81 Quick ratio ————— — Current ratio 0.40.250.270.190.17 0.88 Inventory turnover ————— — Asset turnover 0-000-0 0 Debt to assets ratio 0.190.190.20.20.19 0.78 Debt to equity ratio 2.732.692.812.762.5 10.76 Long term debt to total assets ratio 0.140.150.150.150.14 0.59 Long term debt to total equity ratio 2.112.062.142.091.84 8.14 Operating cash flow per share 0.480.250.440.080.18 0.96 EBIT per share 0.14-0.73-0.11-0.19-0.57 -1.61 EBITDA per share 0.18-0.67-0.08-0.18-0.56 -1.49 Total debt per share 34.6159.9230.2427.2822.31 139.75 Cash per share 3.213.522.091.521.58 8.71 Net current asset value per share 3.173.441.951.260.99 7.64 Tangible book value per share 12.6922.310.769.878.92 51.85 Working capital per share -4.68-10.55-5.23-5.36-4.88 -26.01 Book value per share 12.6922.310.769.878.92 51.85