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NextTrip, Inc. (NTRP) 10-Year Financial Performance & Capital Metrics

NTRP • • Industrial / General
Consumer CyclicalTravel ServicesTravel Technology & B2B SolutionsTravel Technology Platforms
AboutNextTrip, Inc., through its subsidiaries, engages in the provision of travel technology solutions in the United States. The company offers NXT2.0, a booking engine technology platform, which provides travel distributors access to an inventory. It is also involved in the provision of online leisure travel agency services for booking hotels, flights, and curated vacations. The company was formerly known as Sigma Additive Solutions, Inc. and changed its name to NextTrip, Inc. in March 2024. NextTrip, Inc. is based in Sunrise, Florida.Show more
  • Revenue $501K +9.3%
  • EBITDA -$7M -59.1%
  • Net Income -$10M -38.0%
  • EPS (Diluted) -2.23 +93.1%
  • Gross Margin 0.66% -95.1%
  • EBITDA Margin -1336.24% -45.6%
  • Operating Margin -1478.48% -19.4%
  • Net Margin -2018.28% -26.3%
  • ROE -192.89% -7.9%
  • ROIC -105.88% +27.2%
  • Debt/Equity 0.08 -70.9%
  • Interest Coverage -12.59 +89.2%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Company is almost debt free

✗Weaknesses

  • ✗Negative free cash flow
  • ✗Shares diluted 100.0% in last year
  • ✗Trading more than 30% below 52-week high
  • ✗Low asset turnover indicates capital-intensive operations

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-0.9%
5Y4.5%
3Y-32.79%
TTM66.72%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-48.23%

EPS CAGR

10Y-
5Y-
3Y-
TTM80.05%

ROCE

10Y Avg-79.06%
5Y Avg-132.82%
3Y Avg-125.78%
Latest-141.3%

Peer Comparison

Travel Technology Platforms
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Size & Scale
Valuation
Per Share
Growth
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Quality & Returns
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TTM Growth
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Momentum & Returns
Total Return (DRIP)
Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
NTRPNextTrip, Inc.38.95M2.87-1.299.3%-13.24%-233.54%0.08
SABRSabre Corporation501.5M1.27-1.744.19%-8.56%

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Feb 2025
Sales/Revenue+1.23M966.42K641.05K388.57K402.45K807.49K1.65M630.43K458.75K501.42K
Revenue Growth %1.25%-0.22%-0.34%-0.39%0.04%1.01%1.05%-0.62%-0.27%0.09%
Cost of Goods Sold+1.32M1.6M2.7M3.66M3.92M3.92M6.01M6M397.53K498.12K
COGS % of Revenue1.07%1.65%4.21%9.43%9.74%4.85%3.64%9.52%0.87%0.99%
Gross Profit+-83.34K-630.88K-2.06M-3.28M-3.52M-3.11M-4.36M-5.37M61.22K3.3K
Gross Margin %-0.07%-0.65%-3.21%-8.43%-8.74%-3.85%-2.64%-8.52%0.13%0.01%
Gross Profit Growth %0.86%-6.57%-2.26%-0.59%-0.07%0.12%-0.4%-0.23%1.01%-0.95%
Operating Expenses+1.61M1.88M1.84M2.29M2.87M2.59M4.12M3.38M5.74M7.42M
OpEx % of Revenue1.31%1.95%2.87%5.9%7.13%3.21%2.5%5.36%12.51%14.79%
Selling, General & Admin1.28M1.79M1.54M1.8M2.22M2.24M3.23M2.73M4.12M6.39M
SG&A % of Revenue1.04%1.85%2.4%4.63%5.52%2.77%1.96%4.32%8.97%12.74%
Research & Development330.55K92.99K302.04K493.41K647.99K351.4K890.55K653.19K00
R&D % of Revenue0.27%0.1%0.47%1.27%1.61%0.44%0.54%1.04%--
Other Operating Expenses000000001.63M1.03M
Operating Income+-1.7M-2.51M-3.9M-5.57M-6.39M-5.7M-8.48M-8.75M-5.68M-7.41M
Operating Margin %-1.37%-2.6%-6.08%-14.33%-15.87%-7.06%-5.13%-13.88%-12.38%-14.78%
Operating Income Growth %0.46%-0.48%-0.55%-0.43%-0.15%0.11%-0.49%-0.03%0.35%-0.31%
EBITDA+-1.53M-2.34M-3.7M-5.38M-6.19M-5.59M-8.39M-8.63M-4.21M-6.7M
EBITDA Margin %-1.24%-2.42%-5.77%-13.84%-15.39%-6.93%-5.08%-13.69%-9.18%-13.36%
EBITDA Growth %0.51%-0.53%-0.59%-0.45%-0.15%0.1%-0.5%-0.03%0.51%-0.59%
D&A (Non-Cash Add-back)169.05K178.84K196.94K192.37K192.57K105.17K94.11K116.17K1.47M713.24K
EBIT-1.7M-2.11M-3.9M-5.57M-6.31M-5.19M-7.37M-8.69M-6.61M-9.53M
Net Interest Income+00000-12.85K2.6K-3.86K-48.62K-589.04K
Interest Income000001.06K13.87K3.49K00
Interest Expense0000013.91K11.26K7.34K48.62K589.04K
Other Income/Expense562317.13K-525.53K-5.36K65.34K498.63K1.09M56.58K-977.48K-2.71M
Pretax Income+-1.7M-2.2M-4.42M-5.57M-6.32M-5.2M-7.38M-8.69M-6.66M-10.13M
Pretax Margin %-1.37%-2.27%-6.9%-14.35%-15.71%-6.44%-4.47%-13.79%-14.51%-20.2%
Income Tax+0000000000
Effective Tax Rate %1%1%1%1%1%1%1%1%1.1%1%
Net Income+-1.7M-2.2M-4.42M-5.57M-6.32M-5.2M-7.38M-8.69M-7.33M-10.12M
Net Margin %-1.37%-2.27%-6.9%-14.35%-15.71%-6.44%-4.47%-13.79%-15.98%-20.18%
Net Income Growth %0.46%-0.3%-1.01%-0.26%-0.13%0.18%-0.42%-0.18%0.16%-0.38%
Net Income (Continuing)-1.7M-2.2M-4.42M-5.57M-6.32M-5.2M-7.38M-8.69M-6.66M-10.13M
Discontinued Operations00000000-675.31K8.34K
Minority Interest0000000000
EPS (Diluted)+-108.00-140.00-200.95-162.05-107.47-36.61-15.24-16.67-32.15-2.23
EPS Growth %0.73%-0.3%-0.44%0.19%0.34%0.66%0.58%-0.09%-0.93%0.93%
EPS (Basic)-108.00-140.00-200.95-162.05-107.47-36.61-15.24-16.67-32.15-2.23
Diluted Shares Outstanding15.57K15.63K22.02K34.49K58.81K191.49K491.43K524.94K228.27K4.57M
Basic Shares Outstanding15.57K15.63K22.02K34.49K58.81K191.49K491.43K524.94K228.27K4.57M
Dividend Payout Ratio----------

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Feb 2025
Total Current Assets+12.72M25.91M16.42M29.46M940.9K4.78M12.68M4.27M1.7M2.47M
Cash & Short-Term Investments11.23M25.77M16.11M28.85M86.92K3.7M11.45M2.85M323.81K1.06M
Cash Only11.23M25.77M16.11M28.85M86.92K3.7M11.45M2.85M323.81K1.06M
Short-Term Investments0000000000
Accounts Receivable2.76K00055.54K331.56K412.19K371.62K1.03M22.57K
Days Sales Outstanding0.82---50.37149.8791.08215.16822.7516.43
Inventory0000598.72K659.65K710.08K950.94K00
Days Inventory Outstanding----55.7761.4843.1557.85--
Other Current Assets1.49M138.71K310.44K603.32K090.73K114.28K105.23K01.38M
Total Non-Current Assets+59.17K55.2K20.66K20.84K750.56K917.75K1.16M1.43M3.39M7.47M
Property, Plant & Equipment59.17K55.2K20.66K20.84K128.72K138.63K232.28K304.9K6.64K4.12K
Fixed Asset Turnover20.87x17.51x31.04x18.64x3.13x5.82x7.11x2.07x69.07x121.73x
Goodwill000000001.17M1.17M
Intangible Assets0000569.34K753.12K925.11K1.13M2.17M2.13M
Long-Term Investments000050000003.41M
Other Non-Current Assets000052K26K0042.17K763.74K
Total Assets+12.78M25.97M16.44M29.48M1.69M5.7M13.84M5.7M5.09M9.94M
Asset Turnover0.10x0.04x0.04x0.01x0.24x0.14x0.12x0.11x0.09x0.05x
Asset Growth %0.57%1.03%-0.37%0.79%-0.94%2.37%1.43%-0.59%-0.11%0.95%
Total Current Liabilities+990.97K2.36M1.56M2.96M1.04M450.71K981.24K629.2K1.96M2.57M
Accounts Payable38.39K112.17K100.88K217.49K727.11K128.94K206.44K277.49K531.85K1.18M
Days Payables Outstanding10.6325.6313.6421.6667.7312.0212.5416.88488.32867.88
Short-Term Debt000050K000828.28K567.53K
Deferred Revenue (Current)0000139.45K77.96K148.85K120.07K139.92K97.77K
Other Current Liabilities541.09K195.35K318.25K58.49K0243.81K625.94K231.63K00
Current Ratio12.84x10.97x10.54x9.96x0.91x10.61x12.93x6.79x0.87x0.96x
Quick Ratio12.84x10.97x10.54x9.96x0.33x9.15x12.20x5.28x0.87x0.96x
Cash Conversion Cycle----38.41199.34121.69256.13--
Total Non-Current Liabilities+0000086.07K0000
Long-Term Debt0000000000
Capital Lease Obligations0000000000
Deferred Tax Liabilities0000037.73K0000
Other Non-Current Liabilities0000048.34K0000
Total Liabilities990.97K2.36M1.56M2.96M1.04M536.78K981.24K629.2K1.96M2.57M
Total Debt+10.51K00050K000828.28K567.53K
Net Debt-11.22M-25.77M-16.11M-28.85M-36.92K-3.7M-11.45M-2.85M504.47K-494.84K
Debt / Equity0.00x---0.08x---0.26x0.08x
Debt / EBITDA----------
Net Debt / EBITDA----------
Interest Coverage------409.75x-752.79x-1191.15x-116.81x-12.59x
Total Equity+11.79M23.6M14.89M26.52M652.25K5.16M12.86M5.07M3.13M7.37M
Equity Growth %0.72%1%-0.37%0.78%-0.98%6.92%1.49%-0.61%-0.38%1.35%
Book Value per Share757.271510.70676.11768.9611.0926.9726.179.6713.701.61
Total Shareholders' Equity11.79M23.6M14.89M26.52M652.25K5.16M12.86M5.07M3.13M7.37M
Common Stock4.92K6767901.29K1.31K6K10.5K10.5K9361.66K
Retained Earnings-27.72M-50.04M-62.66M-73.68M-26.1M-33.11M-40.59M-49.34M-24.15M-34.35M
Treasury Stock--------00
Accumulated OCI-7.59K-14.52K00000000
Minority Interest0000000000

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Feb 2025
Cash from Operations+-10.32M-7.38M-10.99M-7.7M-5.51M-4.81M-6.3M-8.21M-5.73M-5.08M
Operating CF Margin %-8.35%-7.63%-17.14%-19.81%-13.7%-5.96%-3.81%-13.03%-12.49%-10.13%
Operating CF Growth %-0.44%0.28%-0.49%0.3%0.28%0.13%-0.31%-0.3%0.3%0.11%
Net Income-9.44M-12.92M-12.62M-11.02M-15.13M-5.2M-7.38M-8.69M-6.66M-10.13M
Depreciation & Amortization6.27K6.92K3.85K3K4.38K105.17K94.11K116.17K1.47M713.24K
Stock-Based Compensation722.93K2.8M2.44M2.22M4.18M939.5K1.77M907.38K116.51K67.87K
Deferred Taxes0000000000
Other Non-Cash Items100K0155.92K07.8M0-1.09M0740.18K2.73M
Working Capital Changes-1.7M2.74M-976.21K1.11M-2.37M-654.4K315.86K-543.28K-1.4M1.54M
Change in Receivables00000-276.02K-80.63K40.57K-662.94K11.52K
Change in Inventory00000-60.93K-50.43K-240.86K00
Change in Payables-528.88K1.72M-927.38K1.66M-2.49M-598.18K77.5K71.05K01.4M
Cash from Investing+-11.83K-2.95K-3.58K-3.19K-85.8K-298.36K-359.75K-388.96K980.93K-1.03M
Capital Expenditures-11.83K-2.95K-3.58K-3.19K-5.21K-298.86K-359.75K-388.96K-9.25K-534.75K
CapEx % of Revenue0.01%0%0.01%0.01%0.01%0.37%0.22%0.62%0.02%1.07%
Acquisitions----------
Investments----------
Other Investing11.83K2.95K3.58K3.19K-80.58K000-1.02M1K
Cash from Financing+-18.39K21.75M020.44M4.41M8.72M14.4M04.79M6.85M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid0000000000
Share Repurchases----------
Other Financing18.39K-21.75M0-20.44M0000547.28K2.12M
Net Change in Cash----------
Free Cash Flow+-10.33M-7.38M-10.99M-7.7M-5.55M-5.11M-6.66M-8.6M-6.76M-5.61M
FCF Margin %-8.36%-7.64%-17.15%-19.82%-13.79%-6.33%-4.03%-13.64%-14.73%-11.2%
FCF Growth %-0.43%0.29%-0.49%0.3%0.28%0.08%-0.3%-0.29%0.21%0.17%
FCF per Share-663.31-472.29-499.23-223.25-94.34-26.68-13.55-16.38-29.60-1.23
FCF Conversion (FCF/Net Income)6.08x3.36x2.48x1.38x0.87x0.92x0.85x0.94x0.78x0.50x
Interest Paid--------4.38K91.68K
Taxes Paid--------00

Key Ratios

Metric2016201720182019202020212022202320242025
Return on Equity (ROE)-18.18%-12.41%-22.99%-26.92%-46.52%-178.82%-81.94%-96.94%-178.77%-192.89%
Return on Invested Capital (ROIC)------411.32%-442.31%-360.39%-145.34%-105.88%
Gross Margin-6.75%-65.28%-320.99%-843.09%-873.66%-384.98%-263.67%-851.7%13.34%0.66%
Net Margin-137.37%-227.32%-690.2%-1434.52%-1570.61%-643.99%-447.07%-1378.81%-1598.28%-2018.28%
Debt / Equity0.00x---0.08x---0.26x0.08x
Interest Coverage------409.75x-752.79x-1191.15x-116.81x-12.59x
FCF Conversion6.08x3.36x2.48x1.38x0.87x0.92x0.85x0.94x0.78x0.50x
Revenue Growth125.03%-21.74%-33.67%-39.38%3.57%100.65%104.56%-61.83%-27.23%9.3%

Frequently Asked Questions

Growth & Financials

NextTrip, Inc. (NTRP) reported $1.1M in revenue for fiscal year 2025. This represents a 32% increase from $0.8M in 2012.

NextTrip, Inc. (NTRP) grew revenue by 9.3% over the past year. This is steady growth.

NextTrip, Inc. (NTRP) reported a net loss of $14.0M for fiscal year 2025.

Dividend & Returns

NextTrip, Inc. (NTRP) has a return on equity (ROE) of -192.9%. Negative ROE indicates the company is unprofitable.

NextTrip, Inc. (NTRP) had negative free cash flow of $3.4M in fiscal year 2025, likely due to heavy capital investments.

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