NXDTNEXPOINT DIVERSIFIED REAL ESTATE TRUST
Real Estate Investment Trusts
- Revenue
- $86M
- 3.3% YoY
- Operating margin
- -1.6%
- 68% YoY
- EBITDA
- $16M
- 43% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCClear5% of revenueOver 10% of revenue
- Payouts exceed cash flowClear86% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear—Over 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|
| Revenue | — | $63M | $83M | $86M | 3.3% |
| Operating income | — | $12M | −$4M | −$1M | 67% |
| Net income | $245M | −$117M | −$57M | −$127M | 125% |
| Operating cash flow | $38M | −$24M | −$12M | $9M | 179% |
| Stock-based comp | — | $1M | $3M | $5M | 56% |
| Buybacks | — | — | $0 | $2M | |
| Dividends | $20M | $13M | $5M | $6M | 22% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $1M | $475K | 47 | — |
| FY2024 | $2M | $1M | 64 | — |
| FY2023 | $2M | $1M | 75 | — |