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NextNav Inc. (NN) 10-Year Financial Performance & Capital Metrics

NN • • Industrial / General
Communication ServicesInternet ServicesDigital Advertising & Marketing TechnologyAnalytics & Measurement Tools
AboutNextNav Inc. provides next generation global positioning system (GPS) and 3D geolocation services. The company delivers next generation positioning, navigation, and timing solutions through its network-based Pinnacle and TerraPoiNT solutions. Its Pinnacle 3D geolocation service is commercially available in approximately 4,400 cities and towns in the United States; and its TerraPoiNT terrestrial-based encrypted network has deployments in 51 total markets nationally. The company sells its solutions directly to customers or through partners. The company was founded in 2007 and is headquartered in McLean, Virginia.Show more
  • Revenue $6M +46.8%
  • EBITDA -$55M +6.0%
  • Net Income -$102M -42.0%
  • EPS (Diluted) -0.84 -27.3%
  • Gross Margin -90.1% +60.8%
  • EBITDA Margin -978.73% +36.0%
  • Operating Margin -1060.12% +35.6%
  • Net Margin -1797.12% +3.2%
  • ROE -156.48% -100.6%
  • ROIC -61.51% +16.9%
  • Debt/Equity 1.43 +72.7%
  • Interest Coverage -6.39 +63.1%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong 5Y sales CAGR of 103.1%

✗Weaknesses

  • ✗Weak Piotroski F-Score: 3/9
  • ✗Negative free cash flow
  • ✗Low quality earnings: Net income not backed by cash flow
  • ✗Shares diluted 12.5% in last year
  • ✗Expensive at 36.2x book value
  • ✗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-
5Y103.11%
3Y95.13%
TTM11.61%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-78.55%

EPS CAGR

10Y-
5Y-
3Y-
TTM-76%

ROCE

10Y Avg-55.4%
5Y Avg-54.85%
3Y Avg-46.95%
Latest-39.81%

Peer Comparison

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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
SCORcomScore, Inc.43.24M8.62-0.56-4.12%-2.75%-5.46%39.99%
LCFYLocafy Limited5.63M3.13-1.30-22.85%-71.77%-68.17%0.16
NNNextNav Inc.2.01B14.93-17.7746.79%-27.72%-156.48%1.43
SMWBSimilarweb Ltd.542.71M6.29-44.9314.63%-11.2%-123.37%5.06%1.44

Profit & Loss

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+164K569K763K3.93M3.86M5.67M
Revenue Growth %-2.47%0.34%4.15%-0.02%0.47%
Cost of Goods Sold+5.69M7.77M18.39M11.81M12.74M10.78M
COGS % of Revenue34.68%13.66%24.1%3.01%3.3%1.9%
Gross Profit+-5.52M-7.2M-17.63M-7.88M-8.88M-5.11M
Gross Margin %-33.68%-12.66%-23.1%-2.01%-2.3%-0.9%
Gross Profit Growth %--0.3%-1.45%0.55%-0.13%0.42%
Operating Expenses+11.76M22.27M24.8M57.66M54.65M54.99M
OpEx % of Revenue71.7%39.14%32.51%14.69%14.15%9.7%
Selling, General & Admin013.26M13.55M000
SG&A % of Revenue-23.3%17.77%---
Research & Development6.62M8.78M9.46M17.06M19.5M16.24M
R&D % of Revenue40.34%15.43%12.4%4.35%5.05%2.87%
Other Operating Expenses5.14M235K1.78M40.6M35.15M38.75M
Operating Income+-17.28M-29.47M-42.43M-65.54M-63.53M-60.1M
Operating Margin %-105.37%-51.79%-55.61%-16.69%-16.45%-10.6%
Operating Income Growth %--0.71%-0.44%-0.54%0.03%0.05%
EBITDA+-17.17M-29.23M-40.65M-62.21M-59.04M-55.48M
EBITDA Margin %-104.67%-51.38%-53.27%-15.85%-15.29%-9.79%
EBITDA Growth %--0.7%-0.39%-0.53%0.05%0.06%
D&A (Non-Cash Add-back)115K235K1.78M3.33M4.49M4.61M
EBIT-17.28M-127.26M-42.43M-64.64M-63.53M-60.1M
Net Interest Income+2.96M-10.04M-17.84M0-3.66M-9.4M
Interest Income2.96M00000
Interest Expense010.04M17.84M03.66M9.4M
Other Income/Expense-1M-107.83M-102.19M25.39M-7.99M-41.61M
Pretax Income+-18.28M-137.3M-144.61M-40.14M-71.51M-101.71M
Pretax Margin %-111.48%-241.3%-189.53%-10.23%-18.52%-17.94%
Income Tax+19K38K52K-28K221K173K
Effective Tax Rate %5.4%1%1%1%1%1%
Net Income+-98.77M-137.34M-144.67M-40.12M-71.73M-101.88M
Net Margin %-602.26%-241.36%-189.6%-10.22%-18.57%-17.97%
Net Income Growth %--0.39%-0.05%0.72%-0.79%-0.42%
Net Income (Continuing)-18.3M-137.34M-144.67M-40.12M-71.73M-101.88M
Discontinued Operations000000
Minority Interest0003.85M1.36M0
EPS (Diluted)+-6.27-5.49-1.47-0.40-0.66-0.84
EPS Growth %-0.12%0.73%0.73%-0.65%-0.27%
EPS (Basic)-6.27-5.49-1.47-0.40-0.66-0.84
Diluted Shares Outstanding15.74M25M98.17M101.03M107.97M121.5M
Basic Shares Outstanding15.74M25M98.17M101.03M107.97M121.5M
Dividend Payout Ratio------

Balance Sheet

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+19.19M18.07M106.33M61.19M91.22M86.05M
Cash & Short-Term Investments14.48M8.67M100.08M55.45M85.83M80.11M
Cash Only14.48M8.67M100.08M47.23M81.88M39.33M
Short-Term Investments0008.22M3.95M40.78M
Accounts Receivable077K1.74M2.17M2.33M3.3M
Days Sales Outstanding-49.39832.37201.56220.4212.54
Inventory000000
Days Inventory Outstanding------
Other Current Assets4.71M9.32M4.52M3.58M3.06M2.63M
Total Non-Current Assets+20.1M26.83M30.49M62.6M70.94M75.69M
Property, Plant & Equipment45K5.71M21.76M32.9M40.83M35.34M
Fixed Asset Turnover3.64x0.10x0.04x0.12x0.09x0.16x
Goodwill00017.49M17.98M16.97M
Intangible Assets3.47M4.14M4.09M10.4M10.63M9.59M
Long-Term Investments000000
Other Non-Current Assets16.59M16.98M4.64M1.81M1.51M13.8M
Total Assets+39.29M44.9M136.82M123.79M162.16M161.74M
Asset Turnover0.00x0.01x0.01x0.03x0.02x0.04x
Asset Growth %-0.14%2.05%-0.1%0.31%-0%
Total Current Liabilities+9.58M4.24M6.68M8.89M9.8M12.14M
Accounts Payable837K680K448K1.02M391K858K
Days Payables Outstanding53.7231.948.8931.511.229.06
Short-Term Debt000000
Deferred Revenue (Current)001000K95K297K288K
Other Current Liabilities8.74M02.18M02.68M0
Current Ratio2.00x4.26x15.92x6.89x9.31x7.09x
Quick Ratio2.00x4.26x15.92x6.89x9.31x7.09x
Cash Conversion Cycle------
Total Non-Current Liabilities+20.54M531.04M30.19M11.04M72.26M99.47M
Long-Term Debt15.83M58.87M0048.45M54.62M
Capital Lease Obligations0005.29M15.14M14.35M
Deferred Tax Liabilities000000
Other Non-Current Liabilities4.71M472.17M30.19M5.75M8.67M30.5M
Total Liabilities30.12M535.28M36.87M19.92M82.06M111.62M
Total Debt+15.83M58.87M07.82M66.11M71.44M
Net Debt1.35M50.2M-100.08M-39.41M-15.76M32.1M
Debt / Equity1.73x--0.08x0.83x1.43x
Debt / EBITDA------
Net Debt / EBITDA------
Interest Coverage--2.94x-2.38x--17.34x-6.39x
Total Equity+9.18M-490.38M99.96M103.86M80.1M50.12M
Equity Growth %--54.44%1.2%0.04%-0.23%-0.37%
Book Value per Share0.58-19.621.021.030.740.41
Total Shareholders' Equity9.18M-490.38M99.96M100.02M78.73M50.12M
Common Stock1K2K11K12K12K14K
Retained Earnings-327.27M-490.28M-647.86M-688.49M-760.23M-862.11M
Treasury Stock000-4K-665K-693K
Accumulated OCI-84K-96K-121K1.37M2.2M665K
Minority Interest0003.85M1.36M0

Cash Flow

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-15.52M-28.41M-47.93M-37.09M-35.44M-38.01M
Operating CF Margin %-94.6%-49.92%-62.82%-9.45%-9.18%-6.7%
Operating CF Growth %--0.83%-0.69%0.23%0.04%-0.07%
Net Income-98.77M-137.34M-144.67M-40.12M-71.73M-101.88M
Depreciation & Amortization115K235K1.78M3.67M4.82M5.24M
Stock-Based Compensation70K7.36M1.68M26.5M013.86M
Deferred Taxes0093.45M000
Other Non-Cash Items81.87M102.24M14.21M-24.46M28.8M37.75M
Working Capital Changes1.2M-903K-14.38M-2.69M2.67M7.03M
Change in Receivables0-860K-5.3M-428K-164K-969K
Change in Inventory000000
Change in Payables0-157K-7.02M486K-627K467K
Cash from Investing+-59K-7.18M-1.28M-15.74M1.07M-39.47M
Capital Expenditures-59K-7.18M-1.28M-3.58M-3.73M-350K
CapEx % of Revenue0.36%12.62%1.68%0.91%0.97%0.06%
Acquisitions------
Investments------
Other Investing00-207.87M00-3.17M
Cash from Financing+24M34.77M135.64M43K68.98M35.1M
Debt Issued (Net)------
Equity Issued (Net)------
Dividends Paid000000
Share Repurchases------
Other Financing24M-5.54M207.87M57K00
Net Change in Cash------
Free Cash Flow+-15.57M-35.58M-49.21M-40.67M-38.19M-38.36M
FCF Margin %-94.96%-62.54%-64.5%-10.36%-9.89%-6.77%
FCF Growth %--1.28%-0.38%0.17%0.06%-0%
FCF per Share-0.99-1.42-0.50-0.40-0.35-0.32
FCF Conversion (FCF/Net Income)0.16x0.21x0.33x0.92x0.49x0.37x
Interest Paid000000
Taxes Paid000000

Key Ratios

Metric201920202021202220232024
Return on Equity (ROE)-1076.28%--144.73%-39.36%-77.99%-156.48%
Return on Invested Capital (ROIC)-123.11%---152.8%-73.99%-61.51%
Gross Margin-3367.68%-1265.55%-2310.22%-200.71%-229.96%-90.1%
Net Margin-60225.61%-24136.38%-18960.16%-1021.8%-1857.46%-1797.12%
Debt / Equity1.73x--0.08x0.83x1.43x
Interest Coverage--2.94x-2.38x--17.34x-6.39x
FCF Conversion0.16x0.21x0.33x0.92x0.49x0.37x
Revenue Growth-246.95%34.09%414.55%-1.63%46.79%

Revenue by Segment

202220232024
Commercial Services3.5M3.77M4.6M
Commercial Services Growth-7.60%22.15%
Equipment Sales395K77K2K
Equipment Sales Growth--80.51%-97.40%

Frequently Asked Questions

Growth & Financials

NextNav Inc. (NN) reported $5.5M in revenue for fiscal year 2024. This represents a 3277% increase from $0.2M in 2019.

NextNav Inc. (NN) grew revenue by 46.8% over the past year. This is strong growth.

NextNav Inc. (NN) reported a net loss of $153.6M for fiscal year 2024.

Dividend & Returns

NextNav Inc. (NN) has a return on equity (ROE) of -156.5%. Negative ROE indicates the company is unprofitable.

NextNav Inc. (NN) had negative free cash flow of $47.1M in fiscal year 2024, likely due to heavy capital investments.

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