NextPlat Corp (NXPL) 10-Year Financial Performance & Capital Metrics

NXPL • • Industrial / General

TechnologyApplication SoftwareArtificial Intelligence & AnalyticsAI Analytics Platforms

AboutNextPlat Corp, together with its subsidiaries, provides mobile satellite services (MSS) solutions for satellite-enabled voice, data, personnel and asset tracking, machine-to-machine, and Internet of Things (IoT) connectivity services in the United States and internationally. It offers satellite communications products, which enable users to make voice calls, send and receive text messages and emails, and transmit GPS location coordinates virtually; GPS enabled emergency locator distress beacons that enables essential communication between customers, and search and rescue organizations during emergency situations and pinpoint locational information to search and rescue services; and SolarTrack, an IoT tracking device powered by the sun for tracking and monitoring anything that moves or remote asset used outdoors. The company also offers GTCTrack, a subscription-based mapping and tracking portal that allows managers to track, command, and control assets in near-real-time. The company provides its solutions for businesses, governments, military, humanitarian organizations, and individual users. It offers its products and services directly to end users and reseller networks; operates e-commerce websites that offer a range of MSS products and solutions; and offers portable satellite voice, data, and tracking solutions through various third-party e-commerce storefronts. The company was formerly known as Orbsat Corp. and changed its name to NextPlat Corp in January 2022. NextPlat Corp is headquartered in Coconut Grove, Florida.Show more

Revenue $65M +73.4%
EBITDA -$21M -0.5%
Net Income -$14M -271.2%
EPS (Diluted) -0.68 -209.1%
Gross Margin 24.78% -17.3%
EBITDA Margin -31.77% +42.1%
Operating Margin -36.08% +41.4%
Net Margin -21.42% -114.0%
ROE -37.46% -266.2%
ROIC -104.58% +1.7%
Debt/Equity 0.08 +34.8%
Interest Coverage -291.65 +0.8%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Strong 5Y sales CAGR of 62.0%
✓Trading at only 0.6x book value
✓Efficient asset utilization: 1.8x turnover

✗Weaknesses

✗Weak Piotroski F-Score: 3/9
✗Negative free cash flow
✗Low quality earnings: Net income not backed by cash flow
✗Shares diluted 17.8% in last year
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y144.98%

5Y62%

3Y103.77%

TTM-14.03%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM34.41%

EPS CAGR

10Y-

5Y-

3Y-

TTM51.52%

ROCE

10Y Avg-64.68%

5Y Avg-59.25%

3Y Avg-51.05%

Latest-60.19%

Peer Comparison

AI Analytics Platforms

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
LYFTLyft, Inc.	7.54B	18.88	342.65	31.39%	2.4%	26.3%	10.16%	1.64
DDOGDatadog, Inc.	39.33B	120.86	236.98	26.12%	3.32%	3.1%	2.13%	0.68
PEGAPegasystems Inc.	9B	53.00	96.36	4.51%	16.05%	46.57%	3.76%	0.94
SAPSAP SE	274.66B	235.84	89.00	9.51%	19.41%	13.94%	1.61%	0.23
TYLTyler Technologies, Inc.	19.2B	446.15	73.74	9.53%	13.72%	8.75%	3.15%	0.19
FICOFair Isaac Corporation	37.49B	1581.19	59.58	15.91%	32.75%		2.05%
DSGXThe Descartes Systems Group Inc.	7.62B	88.57	54.01	13.63%	22.1%	10%	2.79%	0.01
MANHManhattan Associates, Inc.	10.58B	175.57	50.02	12.23%	20.25%	69.86%	2.71%	0.16

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	3.95M	4.7M	6M	5.73M	5.87M	5.69M	7.74M	11.71M	37.76M	65.48M
Revenue Growth %	468.75%	0.19%	0.28%	-0.05%	0.02%	-0.03%	0.36%	0.51%	2.22%	0.73%
Cost of Goods Sold+	2.84M	3.62M	4.85M	4.69M	4.65M	4.46M	5.88M	9.22M	26.45M	49.25M
COGS % of Revenue	0.72%	0.77%	0.81%	0.82%	0.79%	0.78%	0.76%	0.79%	0.7%	0.75%
Gross Profit+	1.11M	1.08M	1.15M	1.03M	1.22M	1.23M	1.86M	2.49M	11.31M	16.23M
Gross Margin %	0.28%	0.23%	0.19%	0.18%	0.21%	0.22%	0.24%	0.21%	0.3%	0.25%
Gross Profit Growth %	134.49%	-0.03%	0.07%	-0.1%	0.18%	0%	0.52%	0.34%	3.54%	0.43%
Operating Expenses+	3.1M	2.71M	2.71M	2.16M	2.33M	3.26M	8.48M	9.69M	34.54M	39.85M
OpEx % of Revenue	0.79%	0.58%	0.45%	0.38%	0.4%	0.57%	1.1%	0.83%	0.91%	0.61%
Selling, General & Admin	2.81M	2.41M	2.42M	1.88M	2.06M	2.96M	8.16M	9.2M	18.53M	7.86M
SG&A % of Revenue	0.71%	0.51%	0.4%	0.33%	0.35%	0.52%	1.05%	0.79%	0.49%	0.12%
Research & Development	50K	0	0	0	0	0	0	0	0	0
R&D % of Revenue	0.01%	-	-	-	-	-	-	-	-	-
Other Operating Expenses	298.05K	-679.78K	-2.31M	-375.95K	275.33K	294.93K	317.1K	490K	16M	31.99M
Operating Income+	-1.99M	-1.63M	-1.58M	-1.13M	-1.11M	-2.03M	-6.62M	-7.2M	-23.23M	-23.62M
Operating Margin %	-0.5%	-0.35%	-0.26%	-0.2%	-0.19%	-0.36%	-0.86%	-0.62%	-0.62%	-0.36%
Operating Income Growth %	-3.76%	0.18%	0.03%	0.28%	0.02%	-0.83%	-2.26%	-0.09%	-2.22%	-0.02%
EBITDA+	-1.7M	-1.34M	-1.29M	-840.77K	-826.45K	-1.71M	-6.27M	-6.61M	-20.7M	-20.8M
EBITDA Margin %	-0.43%	-0.28%	-0.22%	-0.15%	-0.14%	-0.3%	-0.81%	-0.56%	-0.55%	-0.32%
EBITDA Growth %	-3.18%	0.21%	0.03%	0.35%	0.02%	-1.07%	-2.67%	-0.05%	-2.13%	-0%
D&A (Non-Cash Add-back)	293.99K	291.8K	284.39K	288.86K	284.88K	323K	350.06K	596K	2.53M	2.82M
EBIT	-2.06M	-1.99M	-3.92M	-1.19M	-1.09M	-1.74M	-6.64M	-7.31M	-22.21M	-22.97M
Net Interest Income+	-6.07K	-603.16K	-831	-110	-291.88K	-1.02M	-1.46M	-3K	541K	650K
Interest Income	0	0	0	0	1.62K	115	6.88K	21K	620K	731K
Interest Expense	6.07K	603.16K	831	110	293.5K	1.02M	1.47M	24K	79K	81K
Other Income/Expense	-72.89K	-959.4K	-2.34M	-56.54K	-267.68K	-729.5K	-1.49M	-1.87M	10.85M	570K
Pretax Income+	-2.06M	-2.59M	-3.92M	-1.19M	-1.38M	-2.76M	-8.11M	-9.07M	-12.38M	-23.05M
Pretax Margin %	-0.52%	-0.55%	-0.65%	-0.21%	-0.23%	-0.49%	-1.05%	-0.77%	-0.33%	-0.35%
Income Tax+	10.12K	0	23.46K	8.53K	747	0	0	87K	28K	71K
Effective Tax Rate %	1%	1%	1.01%	1.01%	1%	1%	1%	1.01%	0.31%	0.61%
Net Income+	-2.06M	-2.59M	-3.94M	-1.19M	-1.38M	-2.76M	-8.11M	-9.16M	-3.78M	-14.03M
Net Margin %	-0.52%	-0.55%	-0.66%	-0.21%	-0.24%	-0.49%	-1.05%	-0.78%	-0.1%	-0.21%
Net Income Growth %	-4.02%	-0.25%	-0.52%	0.7%	-0.15%	-1%	-1.93%	-0.13%	0.59%	-2.71%
Net Income (Continuing)	-2.06M	-2.59M	-3.94M	-1.19M	-1.38M	-2.76M	-8.11M	-9.16M	-12.41M	-23.13M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	15.9M	114K
EPS (Diluted)+	-1206.44	-508.43	-315.47	-95.68	-64.98	-14.23	-2.35	-0.77	-0.22	-0.68
EPS Growth %	-2.58%	0.58%	0.38%	0.7%	0.32%	0.78%	0.83%	0.67%	0.71%	-2.09%
EPS (Basic)	-1206.44	-508.43	-315.47	-95.68	-64.98	-14.23	-2.35	-0.77	-0.22	-0.68
Diluted Shares Outstanding	1.71K	5.09K	12.49K	12.49K	21.23K	267.91K	4.08M	9.63M	17.49M	20.61M
Basic Shares Outstanding	1.71K	5.09K	12.49K	12.49K	21.23K	267.91K	4.08M	9.63M	17.49M	20.61M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	1.63M	802.11K	1.08M	715.16K	877.45K	1.37M	19.37M	21.18M	43.64M	31.48M
Cash & Short-Term Investments	963.33K	114.73K	233.33K	142.89K	75.36K	728.76K	17.27M	18.89M	26.31M	19.96M
Cash Only	963.33K	114.73K	233.33K	142.89K	75.36K	728.76K	17.27M	18.89M	26.31M	19.96M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	182.48K	151.1K	384.01K	257.61K	320.4K	252.59K	450.26K	959K	11.56M	6.24M
Days Sales Outstanding	16.86	11.74	23.34	16.42	19.92	16.2	21.23	29.89	111.72	34.75
Inventory	251.52K	335.27K	332.89K	269.02K	366.3K	361.42K	1.02M	1.29M	5.13M	4.88M
Days Inventory Outstanding	32.34	33.77	25.03	20.93	28.78	29.55	63.3	50.94	70.87	36.17
Other Current Assets	43.34K	29.84K	48.21K	43.71K	96.79K	27.91K	539.96K	0	0	0
Total Non-Current Assets+	2.68M	2.23M	1.98M	1.72M	2.51M	3.29M	1.19M	7.46M	20.83M	5M
Property, Plant & Equipment	2.22M	1.98M	1.76M	1.52M	1.42M	1.16M	1.07M	2.1M	5.58M	4.22M
Fixed Asset Turnover	1.78x	2.38x	3.42x	3.77x	4.12x	4.90x	7.26x	5.57x	6.77x	15.50x
Goodwill	0	0	0	0	0	0	0	0	731K	156K
Intangible Assets	275K	250K	225K	200K	125K	100K	75K	50K	14.42M	524K
Long-Term Investments	0	0	0	0	0	0	0	5.26M	0	0
Other Non-Current Assets	189.97K	0	0	0	0	0	49.87K	49K	100K	94K
Total Assets+	4.32M	3.03M	3.06M	2.44M	3.39M	4.67M	20.57M	28.64M	64.47M	36.48M
Asset Turnover	0.92x	1.55x	1.96x	2.35x	1.73x	1.22x	0.38x	0.41x	0.59x	1.80x
Asset Growth %	0.69%	-0.3%	0.01%	-0.21%	0.39%	0.38%	3.41%	0.39%	1.25%	-0.43%
Total Current Liabilities+	1.13M	720.62K	1.2M	1.06M	1.44M	1.52M	2.78M	2.06M	14.24M	8.21M
Accounts Payable	410K	373.29K	659.28K	625.16K	901.24K	747.48K	846.38K	1.2M	12.14M	6.6M
Days Payables Outstanding	52.72	37.6	49.57	48.63	70.8	61.11	52.54	47.5	167.59	48.88
Short-Term Debt	2.49K	67.45K	7K	39.03K	53.72K	193.8K	91.7K	60K	312K	380K
Deferred Revenue (Current)	16.66K	2.62K	243.78K	56.8K	41.21K	36.7K	0	36K	42K	89K
Other Current Liabilities	680.87K	270.57K	292.9K	346.9K	424.48K	517.67K	1.76M	112K	0	144K
Current Ratio	1.45x	1.11x	0.90x	0.68x	0.61x	0.91x	6.97x	10.27x	3.07x	3.83x
Quick Ratio	1.23x	0.65x	0.62x	0.42x	0.35x	0.67x	6.60x	9.65x	2.70x	3.24x
Cash Conversion Cycle	-3.52	7.91	-1.2	-11.29	-22.1	-15.36	31.99	33.34	15	22.04
Total Non-Current Liabilities+	307.02K	0	0	0	1.31M	2.58M	253.76K	806K	2.15M	1.47M
Long-Term Debt	0	0	0	0	291.51K	529.95K	253.76K	156K	1.21M	1.03M
Capital Lease Obligations	0	0	0	0	51.62K	22.57K	0	650K	934K	438K
Deferred Tax Liabilities	0	0	0	0	962.91K	2.03M	0	0	0	0
Other Non-Current Liabilities	307.02K	0	0	0	0	0	0	0	0	0
Total Liabilities	1.43M	720.62K	1.2M	1.06M	2.75M	4.1M	3.03M	2.87M	16.38M	9.68M
Total Debt+	2.49K	67.45K	7K	39.03K	396.86K	746.33K	365.22K	1.07M	3.01M	2.26M
Net Debt	-960.84K	-47.28K	-226.33K	-103.86K	321.49K	17.57K	-16.9M	-17.82M	-23.3M	-17.7M
Debt / Equity	0.00x	0.03x	0.00x	0.03x	0.62x	1.32x	0.02x	0.04x	0.06x	0.08x
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Interest Coverage	-328.11x	-2.70x	-1898.44x	-10269.42x	-3.79x	-1.99x	-4.51x	-300.13x	-294.03x	-291.65x
Total Equity+	2.88M	2.31M	1.86M	1.38M	639.71K	565.19K	17.53M	25.78M	48.09M	26.8M
Equity Growth %	0.55%	-0.2%	-0.19%	-0.26%	-0.54%	-0.12%	30.02%	0.47%	0.87%	-0.44%
Book Value per Share	1684.27	453.44	148.92	110.42	30.13	2.11	4.30	2.68	2.75	1.30
Total Shareholders' Equity	2.88M	2.31M	1.86M	1.38M	639.71K	565.19K	17.53M	25.78M	32.18M	26.68M
Common Stock	1.93K	5.73K	94	93	12	408	705	1K	2K	3K
Retained Earnings	-2.01M	-4.6M	-8.54M	-9.74M	-11.12M	-13.88M	-21.99M	-31.15M	-34.92M	-48.95M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-12.26K	-32.94K	-400	-6.17K	-2.15K	-42.83K	3.24K	-41K	-63K	-66K
Minority Interest	0	0	0	0	0	0	0	0	15.9M	114K

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-620.94K	-1.04M	-315.25K	-590.18K	-659.2K	-836.98K	-4.09M	-3.6M	-3.6M	-5.46M
Operating CF Margin %	-0.16%	-0.22%	-0.05%	-0.1%	-0.11%	-0.15%	-0.53%	-0.31%	-0.1%	-0.08%
Operating CF Growth %	-1.96%	-0.68%	0.7%	-0.87%	-0.12%	-0.27%	-3.89%	0.12%	0%	-0.52%
Net Income	-2.06M	-2.59M	-3.94M	-1.19M	-1.38M	-2.76M	-8.11M	-9.16M	-12.41M	-23.13M
Depreciation & Amortization	293.99K	291.8K	284.39K	288.86K	284.88K	323K	350.06K	596K	2.53M	2.82M
Stock-Based Compensation	1.07M	190K	600K	219.52K	0	904.9K	3.76M	2.97M	5.38M	1.63M
Deferred Taxes	63.45K	-426.09K	-1.24K	0	0	0	0	0	0	0
Other Non-Cash Items	138.96K	1.55M	2.47M	110	355.44K	687.29K	1.4M	1.78M	3.95M	13.92M
Working Capital Changes	-125.64K	-55.75K	269.94K	96.03K	80.23K	11.2K	-1.5M	207K	-3.04M	-711K
Change in Receivables	853	19.96K	-197.74K	123.97K	-73.83K	67.82K	-689.09K	-16K	-3.66M	5.27M
Change in Inventory	-27.58K	-83.75K	2.37K	63.87K	-97.27K	4.88K	-658.27K	-267K	-2.22M	12K
Change in Payables	16.36K	-50.83K	365.48K	18.78K	289.75K	0	0	453K	3.23M	-6.04M
Cash from Investing+	-559.91K	-26.45K	-33.19K	-30.33K	-70.19K	-34.9K	-229.31K	-7.72M	5.2M	-953K
Capital Expenditures	-215.85K	-26.45K	-33.19K	-30.33K	-70.19K	-34.9K	-229.31K	-716K	-647K	-189K
CapEx % of Revenue	0.05%	0.01%	0.01%	0.01%	0.01%	0.01%	0.03%	0.06%	0.02%	0%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-375K	0	0	0	0	0	0	0	0	94K
Cash from Financing+	2.09M	242.57K	439.55K	532.03K	659.33K	1.57M	20.82M	13.01M	5.86M	72K
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-107.79K	-6.6K	-60.45K	32.03K	12.04K	50.99K	6.56M	-754K	184K	207K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-836.79K	-1.07M	-348.44K	-620.52K	-729.4K	-871.88K	-4.32M	-4.32M	-4.24M	-5.65M
FCF Margin %	-0.21%	-0.23%	-0.06%	-0.11%	-0.12%	-0.15%	-0.56%	-0.37%	-0.11%	-0.09%
FCF Growth %	-0.82%	-0.28%	0.67%	-0.78%	-0.18%	-0.2%	-3.96%	0%	0.02%	-0.33%
FCF per Share	-489.07	-210.15	-27.90	-49.70	-34.35	-3.25	-1.06	-0.45	-0.24	-0.27
FCF Conversion (FCF/Net Income)	0.30x	0.40x	0.08x	0.49x	0.48x	0.30x	0.50x	0.39x	0.95x	0.39x
Interest Paid	0	0	0	0	0	0	143.23K	11K	531K	0
Taxes Paid	0	3.9K	6.41K	5.1K	0	0	38.62K	10K	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-87.1%	-99.77%	-188.96%	-73.79%	-136.72%	-458.69%	-89.61%	-42.31%	-10.23%	-37.46%
Return on Invested Capital (ROIC)	-79.41%	-58.46%	-60.74%	-58.27%	-74.55%	-197.6%	-820.4%	-125.81%	-106.4%	-104.58%
Gross Margin	28.15%	22.88%	19.16%	18.07%	20.84%	21.54%	24.03%	21.26%	29.96%	24.78%
Net Margin	-52.25%	-55.12%	-65.6%	-20.86%	-23.51%	-48.57%	-104.75%	-78.23%	-10.01%	-21.42%
Debt / Equity	0.00x	0.03x	0.00x	0.03x	0.62x	1.32x	0.02x	0.04x	0.06x	0.08x
Interest Coverage	-328.11x	-2.70x	-1898.44x	-10269.42x	-3.79x	-1.99x	-4.51x	-300.13x	-294.03x	-291.65x
FCF Conversion	0.30x	0.40x	0.08x	0.49x	0.48x	0.30x	0.50x	0.39x	0.95x	0.39x
Revenue Growth	46875.04%	18.93%	27.8%	-4.64%	2.5%	-3.06%	36.03%	51.29%	222.43%	73.44%

Revenue by Segment

	2019	2023	2024
Product	-	32.39M	54.94M
Product Growth	-	-	69.63%
Service	-	5.37M	10.54M
Service Growth	-	-	96.42%

Revenue by Geography

	2019	2023	2024
Europe	4.15M	-	-
Europe Growth	-	-	-
North America	1.16M	-	-
North America Growth	-	-	-
Asia and Pacific	414.73K	-	-
Asia and Pacific Growth	-	-	-
Africa	46.78K	-	-
Africa Growth	-	-	-
South America	42.21K	-	-
South America Growth	-	-	-

Frequently Asked Questions

Growth & Financials

NextPlat Corp (NXPL) reported $57.2M in revenue for fiscal year 2024.

NextPlat Corp (NXPL) grew revenue by 73.4% over the past year. This is strong growth.

NextPlat Corp (NXPL) reported a net loss of $8.3M for fiscal year 2024.

Dividend & Returns

NextPlat Corp (NXPL) has a return on equity (ROE) of -37.5%. Negative ROE indicates the company is unprofitable.

NextPlat Corp (NXPL) had negative free cash flow of $6.3M in fiscal year 2024, likely due to heavy capital investments.

US Stock Screener

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NextPlat Corp (NXPL) 10-Year Financial Performance & Capital Metrics

NXPL • • Industrial / General

TechnologyApplication SoftwareArtificial Intelligence & AnalyticsAI Analytics Platforms

Revenue $65M +73.4%
EBITDA -$21M -0.5%
Net Income -$14M -271.2%
EPS (Diluted) -0.68 -209.1%
Gross Margin 24.78% -17.3%
EBITDA Margin -31.77% +42.1%
Operating Margin -36.08% +41.4%
Net Margin -21.42% -114.0%
ROE -37.46% -266.2%
ROIC -104.58% +1.7%
Debt/Equity 0.08 +34.8%
Interest Coverage -291.65 +0.8%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Strong 5Y sales CAGR of 62.0%
✓Trading at only 0.6x book value
✓Efficient asset utilization: 1.8x turnover

✗Weaknesses

✗Weak Piotroski F-Score: 3/9
✗Negative free cash flow
✗Low quality earnings: Net income not backed by cash flow
✗Shares diluted 17.8% in last year
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y144.98%

5Y62%

3Y103.77%

TTM-14.03%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM34.41%

EPS CAGR

10Y-

5Y-

3Y-

TTM51.52%

ROCE

10Y Avg-64.68%

5Y Avg-59.25%

3Y Avg-51.05%

Latest-60.19%

Peer Comparison

AI Analytics Platforms

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
LYFTLyft, Inc.	7.54B	18.88	342.65	31.39%	2.4%	26.3%	10.16%	1.64
DDOGDatadog, Inc.	39.33B	120.86	236.98	26.12%	3.32%	3.1%	2.13%	0.68
PEGAPegasystems Inc.	9B	53.00	96.36	4.51%	16.05%	46.57%	3.76%	0.94
SAPSAP SE	274.66B	235.84	89.00	9.51%	19.41%	13.94%	1.61%	0.23
TYLTyler Technologies, Inc.	19.2B	446.15	73.74	9.53%	13.72%	8.75%	3.15%	0.19
FICOFair Isaac Corporation	37.49B	1581.19	59.58	15.91%	32.75%		2.05%
DSGXThe Descartes Systems Group Inc.	7.62B	88.57	54.01	13.63%	22.1%	10%	2.79%	0.01
MANHManhattan Associates, Inc.	10.58B	175.57	50.02	12.23%	20.25%	69.86%	2.71%	0.16

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	3.95M	4.7M	6M	5.73M	5.87M	5.69M	7.74M	11.71M	37.76M	65.48M
Revenue Growth %	468.75%	0.19%	0.28%	-0.05%	0.02%	-0.03%	0.36%	0.51%	2.22%	0.73%
Cost of Goods Sold+	2.84M	3.62M	4.85M	4.69M	4.65M	4.46M	5.88M	9.22M	26.45M	49.25M
COGS % of Revenue	0.72%	0.77%	0.81%	0.82%	0.79%	0.78%	0.76%	0.79%	0.7%	0.75%
Gross Profit+	1.11M	1.08M	1.15M	1.03M	1.22M	1.23M	1.86M	2.49M	11.31M	16.23M
Gross Margin %	0.28%	0.23%	0.19%	0.18%	0.21%	0.22%	0.24%	0.21%	0.3%	0.25%
Gross Profit Growth %	134.49%	-0.03%	0.07%	-0.1%	0.18%	0%	0.52%	0.34%	3.54%	0.43%
Operating Expenses+	3.1M	2.71M	2.71M	2.16M	2.33M	3.26M	8.48M	9.69M	34.54M	39.85M
OpEx % of Revenue	0.79%	0.58%	0.45%	0.38%	0.4%	0.57%	1.1%	0.83%	0.91%	0.61%
Selling, General & Admin	2.81M	2.41M	2.42M	1.88M	2.06M	2.96M	8.16M	9.2M	18.53M	7.86M
SG&A % of Revenue	0.71%	0.51%	0.4%	0.33%	0.35%	0.52%	1.05%	0.79%	0.49%	0.12%
Research & Development	50K	0	0	0	0	0	0	0	0	0
R&D % of Revenue	0.01%	-	-	-	-	-	-	-	-	-
Other Operating Expenses	298.05K	-679.78K	-2.31M	-375.95K	275.33K	294.93K	317.1K	490K	16M	31.99M
Operating Income+	-1.99M	-1.63M	-1.58M	-1.13M	-1.11M	-2.03M	-6.62M	-7.2M	-23.23M	-23.62M
Operating Margin %	-0.5%	-0.35%	-0.26%	-0.2%	-0.19%	-0.36%	-0.86%	-0.62%	-0.62%	-0.36%
Operating Income Growth %	-3.76%	0.18%	0.03%	0.28%	0.02%	-0.83%	-2.26%	-0.09%	-2.22%	-0.02%
EBITDA+	-1.7M	-1.34M	-1.29M	-840.77K	-826.45K	-1.71M	-6.27M	-6.61M	-20.7M	-20.8M
EBITDA Margin %	-0.43%	-0.28%	-0.22%	-0.15%	-0.14%	-0.3%	-0.81%	-0.56%	-0.55%	-0.32%
EBITDA Growth %	-3.18%	0.21%	0.03%	0.35%	0.02%	-1.07%	-2.67%	-0.05%	-2.13%	-0%
D&A (Non-Cash Add-back)	293.99K	291.8K	284.39K	288.86K	284.88K	323K	350.06K	596K	2.53M	2.82M
EBIT	-2.06M	-1.99M	-3.92M	-1.19M	-1.09M	-1.74M	-6.64M	-7.31M	-22.21M	-22.97M
Net Interest Income+	-6.07K	-603.16K	-831	-110	-291.88K	-1.02M	-1.46M	-3K	541K	650K
Interest Income	0	0	0	0	1.62K	115	6.88K	21K	620K	731K
Interest Expense	6.07K	603.16K	831	110	293.5K	1.02M	1.47M	24K	79K	81K
Other Income/Expense	-72.89K	-959.4K	-2.34M	-56.54K	-267.68K	-729.5K	-1.49M	-1.87M	10.85M	570K
Pretax Income+	-2.06M	-2.59M	-3.92M	-1.19M	-1.38M	-2.76M	-8.11M	-9.07M	-12.38M	-23.05M
Pretax Margin %	-0.52%	-0.55%	-0.65%	-0.21%	-0.23%	-0.49%	-1.05%	-0.77%	-0.33%	-0.35%
Income Tax+	10.12K	0	23.46K	8.53K	747	0	0	87K	28K	71K
Effective Tax Rate %	1%	1%	1.01%	1.01%	1%	1%	1%	1.01%	0.31%	0.61%
Net Income+	-2.06M	-2.59M	-3.94M	-1.19M	-1.38M	-2.76M	-8.11M	-9.16M	-3.78M	-14.03M
Net Margin %	-0.52%	-0.55%	-0.66%	-0.21%	-0.24%	-0.49%	-1.05%	-0.78%	-0.1%	-0.21%
Net Income Growth %	-4.02%	-0.25%	-0.52%	0.7%	-0.15%	-1%	-1.93%	-0.13%	0.59%	-2.71%
Net Income (Continuing)	-2.06M	-2.59M	-3.94M	-1.19M	-1.38M	-2.76M	-8.11M	-9.16M	-12.41M	-23.13M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	15.9M	114K
EPS (Diluted)+	-1206.44	-508.43	-315.47	-95.68	-64.98	-14.23	-2.35	-0.77	-0.22	-0.68
EPS Growth %	-2.58%	0.58%	0.38%	0.7%	0.32%	0.78%	0.83%	0.67%	0.71%	-2.09%
EPS (Basic)	-1206.44	-508.43	-315.47	-95.68	-64.98	-14.23	-2.35	-0.77	-0.22	-0.68
Diluted Shares Outstanding	1.71K	5.09K	12.49K	12.49K	21.23K	267.91K	4.08M	9.63M	17.49M	20.61M
Basic Shares Outstanding	1.71K	5.09K	12.49K	12.49K	21.23K	267.91K	4.08M	9.63M	17.49M	20.61M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	1.63M	802.11K	1.08M	715.16K	877.45K	1.37M	19.37M	21.18M	43.64M	31.48M
Cash & Short-Term Investments	963.33K	114.73K	233.33K	142.89K	75.36K	728.76K	17.27M	18.89M	26.31M	19.96M
Cash Only	963.33K	114.73K	233.33K	142.89K	75.36K	728.76K	17.27M	18.89M	26.31M	19.96M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	182.48K	151.1K	384.01K	257.61K	320.4K	252.59K	450.26K	959K	11.56M	6.24M
Days Sales Outstanding	16.86	11.74	23.34	16.42	19.92	16.2	21.23	29.89	111.72	34.75
Inventory	251.52K	335.27K	332.89K	269.02K	366.3K	361.42K	1.02M	1.29M	5.13M	4.88M
Days Inventory Outstanding	32.34	33.77	25.03	20.93	28.78	29.55	63.3	50.94	70.87	36.17
Other Current Assets	43.34K	29.84K	48.21K	43.71K	96.79K	27.91K	539.96K	0	0	0
Total Non-Current Assets+	2.68M	2.23M	1.98M	1.72M	2.51M	3.29M	1.19M	7.46M	20.83M	5M
Property, Plant & Equipment	2.22M	1.98M	1.76M	1.52M	1.42M	1.16M	1.07M	2.1M	5.58M	4.22M
Fixed Asset Turnover	1.78x	2.38x	3.42x	3.77x	4.12x	4.90x	7.26x	5.57x	6.77x	15.50x
Goodwill	0	0	0	0	0	0	0	0	731K	156K
Intangible Assets	275K	250K	225K	200K	125K	100K	75K	50K	14.42M	524K
Long-Term Investments	0	0	0	0	0	0	0	5.26M	0	0
Other Non-Current Assets	189.97K	0	0	0	0	0	49.87K	49K	100K	94K
Total Assets+	4.32M	3.03M	3.06M	2.44M	3.39M	4.67M	20.57M	28.64M	64.47M	36.48M
Asset Turnover	0.92x	1.55x	1.96x	2.35x	1.73x	1.22x	0.38x	0.41x	0.59x	1.80x
Asset Growth %	0.69%	-0.3%	0.01%	-0.21%	0.39%	0.38%	3.41%	0.39%	1.25%	-0.43%
Total Current Liabilities+	1.13M	720.62K	1.2M	1.06M	1.44M	1.52M	2.78M	2.06M	14.24M	8.21M
Accounts Payable	410K	373.29K	659.28K	625.16K	901.24K	747.48K	846.38K	1.2M	12.14M	6.6M
Days Payables Outstanding	52.72	37.6	49.57	48.63	70.8	61.11	52.54	47.5	167.59	48.88
Short-Term Debt	2.49K	67.45K	7K	39.03K	53.72K	193.8K	91.7K	60K	312K	380K
Deferred Revenue (Current)	16.66K	2.62K	243.78K	56.8K	41.21K	36.7K	0	36K	42K	89K
Other Current Liabilities	680.87K	270.57K	292.9K	346.9K	424.48K	517.67K	1.76M	112K	0	144K
Current Ratio	1.45x	1.11x	0.90x	0.68x	0.61x	0.91x	6.97x	10.27x	3.07x	3.83x
Quick Ratio	1.23x	0.65x	0.62x	0.42x	0.35x	0.67x	6.60x	9.65x	2.70x	3.24x
Cash Conversion Cycle	-3.52	7.91	-1.2	-11.29	-22.1	-15.36	31.99	33.34	15	22.04
Total Non-Current Liabilities+	307.02K	0	0	0	1.31M	2.58M	253.76K	806K	2.15M	1.47M
Long-Term Debt	0	0	0	0	291.51K	529.95K	253.76K	156K	1.21M	1.03M
Capital Lease Obligations	0	0	0	0	51.62K	22.57K	0	650K	934K	438K
Deferred Tax Liabilities	0	0	0	0	962.91K	2.03M	0	0	0	0
Other Non-Current Liabilities	307.02K	0	0	0	0	0	0	0	0	0
Total Liabilities	1.43M	720.62K	1.2M	1.06M	2.75M	4.1M	3.03M	2.87M	16.38M	9.68M
Total Debt+	2.49K	67.45K	7K	39.03K	396.86K	746.33K	365.22K	1.07M	3.01M	2.26M
Net Debt	-960.84K	-47.28K	-226.33K	-103.86K	321.49K	17.57K	-16.9M	-17.82M	-23.3M	-17.7M
Debt / Equity	0.00x	0.03x	0.00x	0.03x	0.62x	1.32x	0.02x	0.04x	0.06x	0.08x
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Interest Coverage	-328.11x	-2.70x	-1898.44x	-10269.42x	-3.79x	-1.99x	-4.51x	-300.13x	-294.03x	-291.65x
Total Equity+	2.88M	2.31M	1.86M	1.38M	639.71K	565.19K	17.53M	25.78M	48.09M	26.8M
Equity Growth %	0.55%	-0.2%	-0.19%	-0.26%	-0.54%	-0.12%	30.02%	0.47%	0.87%	-0.44%
Book Value per Share	1684.27	453.44	148.92	110.42	30.13	2.11	4.30	2.68	2.75	1.30
Total Shareholders' Equity	2.88M	2.31M	1.86M	1.38M	639.71K	565.19K	17.53M	25.78M	32.18M	26.68M
Common Stock	1.93K	5.73K	94	93	12	408	705	1K	2K	3K
Retained Earnings	-2.01M	-4.6M	-8.54M	-9.74M	-11.12M	-13.88M	-21.99M	-31.15M	-34.92M	-48.95M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-12.26K	-32.94K	-400	-6.17K	-2.15K	-42.83K	3.24K	-41K	-63K	-66K
Minority Interest	0	0	0	0	0	0	0	0	15.9M	114K

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-620.94K	-1.04M	-315.25K	-590.18K	-659.2K	-836.98K	-4.09M	-3.6M	-3.6M	-5.46M
Operating CF Margin %	-0.16%	-0.22%	-0.05%	-0.1%	-0.11%	-0.15%	-0.53%	-0.31%	-0.1%	-0.08%
Operating CF Growth %	-1.96%	-0.68%	0.7%	-0.87%	-0.12%	-0.27%	-3.89%	0.12%	0%	-0.52%
Net Income	-2.06M	-2.59M	-3.94M	-1.19M	-1.38M	-2.76M	-8.11M	-9.16M	-12.41M	-23.13M
Depreciation & Amortization	293.99K	291.8K	284.39K	288.86K	284.88K	323K	350.06K	596K	2.53M	2.82M
Stock-Based Compensation	1.07M	190K	600K	219.52K	0	904.9K	3.76M	2.97M	5.38M	1.63M
Deferred Taxes	63.45K	-426.09K	-1.24K	0	0	0	0	0	0	0
Other Non-Cash Items	138.96K	1.55M	2.47M	110	355.44K	687.29K	1.4M	1.78M	3.95M	13.92M
Working Capital Changes	-125.64K	-55.75K	269.94K	96.03K	80.23K	11.2K	-1.5M	207K	-3.04M	-711K
Change in Receivables	853	19.96K	-197.74K	123.97K	-73.83K	67.82K	-689.09K	-16K	-3.66M	5.27M
Change in Inventory	-27.58K	-83.75K	2.37K	63.87K	-97.27K	4.88K	-658.27K	-267K	-2.22M	12K
Change in Payables	16.36K	-50.83K	365.48K	18.78K	289.75K	0	0	453K	3.23M	-6.04M
Cash from Investing+	-559.91K	-26.45K	-33.19K	-30.33K	-70.19K	-34.9K	-229.31K	-7.72M	5.2M	-953K
Capital Expenditures	-215.85K	-26.45K	-33.19K	-30.33K	-70.19K	-34.9K	-229.31K	-716K	-647K	-189K
CapEx % of Revenue	0.05%	0.01%	0.01%	0.01%	0.01%	0.01%	0.03%	0.06%	0.02%	0%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-375K	0	0	0	0	0	0	0	0	94K
Cash from Financing+	2.09M	242.57K	439.55K	532.03K	659.33K	1.57M	20.82M	13.01M	5.86M	72K
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-107.79K	-6.6K	-60.45K	32.03K	12.04K	50.99K	6.56M	-754K	184K	207K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-836.79K	-1.07M	-348.44K	-620.52K	-729.4K	-871.88K	-4.32M	-4.32M	-4.24M	-5.65M
FCF Margin %	-0.21%	-0.23%	-0.06%	-0.11%	-0.12%	-0.15%	-0.56%	-0.37%	-0.11%	-0.09%
FCF Growth %	-0.82%	-0.28%	0.67%	-0.78%	-0.18%	-0.2%	-3.96%	0%	0.02%	-0.33%
FCF per Share	-489.07	-210.15	-27.90	-49.70	-34.35	-3.25	-1.06	-0.45	-0.24	-0.27
FCF Conversion (FCF/Net Income)	0.30x	0.40x	0.08x	0.49x	0.48x	0.30x	0.50x	0.39x	0.95x	0.39x
Interest Paid	0	0	0	0	0	0	143.23K	11K	531K	0
Taxes Paid	0	3.9K	6.41K	5.1K	0	0	38.62K	10K	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-87.1%	-99.77%	-188.96%	-73.79%	-136.72%	-458.69%	-89.61%	-42.31%	-10.23%	-37.46%
Return on Invested Capital (ROIC)	-79.41%	-58.46%	-60.74%	-58.27%	-74.55%	-197.6%	-820.4%	-125.81%	-106.4%	-104.58%
Gross Margin	28.15%	22.88%	19.16%	18.07%	20.84%	21.54%	24.03%	21.26%	29.96%	24.78%
Net Margin	-52.25%	-55.12%	-65.6%	-20.86%	-23.51%	-48.57%	-104.75%	-78.23%	-10.01%	-21.42%
Debt / Equity	0.00x	0.03x	0.00x	0.03x	0.62x	1.32x	0.02x	0.04x	0.06x	0.08x
Interest Coverage	-328.11x	-2.70x	-1898.44x	-10269.42x	-3.79x	-1.99x	-4.51x	-300.13x	-294.03x	-291.65x
FCF Conversion	0.30x	0.40x	0.08x	0.49x	0.48x	0.30x	0.50x	0.39x	0.95x	0.39x
Revenue Growth	46875.04%	18.93%	27.8%	-4.64%	2.5%	-3.06%	36.03%	51.29%	222.43%	73.44%

Revenue by Segment

	2019	2023	2024
Product	-	32.39M	54.94M
Product Growth	-	-	69.63%
Service	-	5.37M	10.54M
Service Growth	-	-	96.42%

Revenue by Geography

	2019	2023	2024
Europe	4.15M	-	-
Europe Growth	-	-	-
North America	1.16M	-	-
North America Growth	-	-	-
Asia and Pacific	414.73K	-	-
Asia and Pacific Growth	-	-	-
Africa	46.78K	-	-
Africa Growth	-	-	-
South America	42.21K	-	-
South America Growth	-	-	-

Frequently Asked Questions

Growth & Financials

NextPlat Corp (NXPL) reported $57.2M in revenue for fiscal year 2024.

NextPlat Corp (NXPL) grew revenue by 73.4% over the past year. This is strong growth.

NextPlat Corp (NXPL) reported a net loss of $8.3M for fiscal year 2024.

Dividend & Returns

NextPlat Corp (NXPL) has a return on equity (ROE) of -37.5%. Negative ROE indicates the company is unprofitable.

NextPlat Corp (NXPL) had negative free cash flow of $6.3M in fiscal year 2024, likely due to heavy capital investments.