NASDAQ : NTRP
NextTrip, Inc. — Financial statements
Consumer Discretionary · Travel Services · United States
Last price 1.26 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 19.19M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
NextTrip, Inc. (NTRP) reported revenue of 4.82M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year March - February; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 4.82M | 3.72M | 501.42K | 458.75K | 382.83K | 176.00K |
| Cost of Revenue | 3.99M | 3.06M | 498.12K | 397.53K | 354.92K | 155.19K |
| Gross Profit | 832.08K | 652.49K | 3.30K | 61.22K | 27.91K | 20.81K |
| Selling, General & Admin | 12.92M | 14.63M | 6.32M | 4.00M | 4.21M | 4.31M |
| Other Operating Expenses | 339.36K | 312.55K | 317.06K | 156.52K | ||
| Operating Expenses | 15.12M | 16.55M | 7.42M | 5.74M | 4.92M | 5.37M |
| Operating Income | -14.29M | -15.90M | -7.41M | -5.68M | -4.89M | -5.35M |
| Interest Expense | -1.44M | -1.11M | -589.04K | -48.62K | -71.87K | |
| Interest & Investment Income | 8.00 | |||||
| Earnings From Equity Investments | -35.20K | -11.31K | -7.39K | |||
| Currency Exchange Gain (Loss) | 1.00 | |||||
| Other Non Operating Income (Expenses) | 853.28K | 1.67M | 16.10K | 486.63K | -74.45K | 1.13M |
| EBT Excluding Unusual Items | -14.92M | -15.35M | -7.99M | -5.24M | -5.03M | -4.22M |
| Gain (Loss) on Sale of Assets | -90.00 | -14.72K | ||||
| Asset Writedown | -463.86K | -463.86K | -1.22M | |||
| Other Unusual Items | -25.50K | -95.60K | -2.13M | -1.40M | ||
| Pretax Income | -15.41M | -15.91M | -10.13M | -6.66M | -5.03M | -5.44M |
| Earnings From Continuing Operations | -15.41M | -15.91M | -10.13M | -6.66M | -5.03M | -5.44M |
| Earnings From Discontinued Operations | 8.34K | -675.31K | ||||
| Net Income | -15.41M | -15.91M | -10.12M | -7.33M | -5.03M | -5.44M |
| Preferred Dividends & Other Adjustments | 135.94K | 335.66K | 78.60K | 7.12K | ||
| Net Income to Common | -15.54M | -16.25M | -10.20M | -7.34M | -5.03M | -5.44M |
| Shares Outstanding (Basic) | 12.57M | 8.93M | 4.57M | 228.27K | 71.58K | |
| Shares Outstanding (Diluted) | 12.57M | 8.93M | 4.57M | 228.27K | 71.58K | |
| EPS (Basic) | -1.24 | -1.82 | -2.23 | -32.15 | -70.32 | |
| EPS (Diluted) | -1.24 | -1.82 | -2.23 | -32.15 | -70.32 | |
| Free Cash Flow | -9.84M | -5.81M | -5.08M | -5.74M | -3.80M | -3.13M |
| Free Cash Flow Per Share | -0.78 | -0.65 | -1.11 | -25.15 | -53.02 | |
| Gross Margin | 17.27% | 17.56% | 0.66% | 13.35% | 7.29% | 11.82% |
| Operating Margin | -296.62% | -427.97% | -1,478.48% | -1,238.00% | -1,276.58% | -3,040.66% |
| Profit Margin | -322.61% | -437.29% | -2,033.95% | -1,599.84% | -1,314.81% | -3,089.67% |
| Free Cash Flow Margin | -204.25% | -156.27% | -1,013.15% | -1,251.37% | -991.43% | -1,780.79% |
| EBITDA | -12.94M | -14.80M | -6.70M | -4.21M | -4.86M | -5.31M |
| D&A For EBITDA | 1.35M | 1.10M | 713.24K | 1.47M | 30.39K | 39.61K |
| EBIT | -14.29M | -15.90M | -7.41M | -5.68M | -4.89M | -5.35M |
Balance sheet
Fiscal year March - February; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.15M | 1.70M | 1.06M | 323.81K | 282.48K | 231.05K |
| Cash & Short-Term Investments | 1.15M | 1.70M | 1.06M | 323.81K | 282.48K | 231.05K |
| Accounts Receivable | 185.81K | 119.17K | 22.57K | 34.08K | 5.05K | |
| Receivables | 185.81K | 119.17K | 22.57K | 1.03M | 1.93M | 5.05K |
| Prepaid Expenses | 1.68M | 1.34M | 1.28M | 340.92K | 8.61K | 57.41K |
| Other Current Assets | 100.00K | |||||
| Total Current Assets | 3.01M | 3.15M | 2.47M | 1.70M | 2.22M | 293.51K |
| Property, Plant & Equipment | 344.00 | 1.60K | 4.12K | 6.64K | 1.04M | 43.99K |
| Long-Term Investments | 2.58M | 2.50M | 3.41M | |||
| Goodwill | 3.12M | 3.12M | 1.17M | 1.17M | ||
| Other Intangible Assets | 4.06M | 4.26M | 2.13M | 2.17M | 2.61M | 1.19M |
| Other Long-Term Assets | 40.17K | 40.17K | 763.74K | 42.17K | 15.00K | 15.00K |
| Total Assets | 12.81M | 13.08M | 9.94M | 5.09M | 5.88M | 1.54M |
| Accounts Payable | 998.30K | 725.54K | 1.18M | 531.85K | 519.14K | 302.06K |
| Accrued Expenses | 1.12M | 748.10K | 721.38K | 460.77K | 329.92K | 13.81K |
| Short-Term Debt | 2.71M | 386.07K | 567.53K | 828.28K | 3.51M | 12.68M |
| Current Portion of Leases | 149.34K | |||||
| Current Unearned Revenue | 1.18M | 1.66M | 97.77K | 139.92K | 22.75K | 69.61K |
| Other Current Liabilities | 204.12K | 396.58K | ||||
| Total Current Liabilities | 6.21M | 3.91M | 2.57M | 1.96M | 4.54M | 13.06M |
| Long-Term Debt | 995.53K | 3.10M | ||||
| Long-Term Leases | 864.58K | |||||
| Other Long-Term Liabilities | 815.48K | 692.09K | ||||
| Total Liabilities | 8.02M | 7.70M | 2.57M | 1.96M | 5.40M | 13.06M |
| Common Stock | 14.99K | 13.98K | 1.66K | 936.00 | 83.00 | 100.00 |
| Additional Paid-In Capital | 62.27M | 55.96M | 41.71M | 27.28M | 17.30M | |
| Retained Earnings | -57.49M | -50.60M | -34.35M | -24.15M | -16.81M | -11.52M |
| Total Common Equity | 4.79M | 5.37M | 7.36M | 3.13M | 484.11K | -11.52M |
| Shareholders' Equity | 4.79M | 5.37M | 7.37M | 3.13M | 484.11K | -11.52M |
| Total Liabilities & Equity | 12.81M | 13.08M | 9.94M | 5.09M | 5.88M | 1.54M |
| Total Debt | 3.70M | 3.48M | 567.53K | 828.28K | 4.53M | 12.68M |
| Net Cash (Debt) | -2.56M | -1.79M | 494.84K | -504.47K | -4.25M | -12.44M |
| Net Cash Per Share | -0.20 | -0.20 | 0.11 | -2.21 | -59.32 | |
| Filing Date Shares Outstanding | 15.23M | 14.49M | 7.65M | 1.39M | 915.00K | |
| Total Common Shares Outstanding | 14.99M | 13.98M | 1.66M | 936.43K | 915.00K | |
| Working Capital | -3.20M | -761.00K | -105.58K | -262.00K | -2.31M | -12.77M |
| Book Value Per Share | 0.32 | 0.38 | 4.44 | 3.34 | 0.53 | |
| Tangible Book Value | -2.39M | -2.01M | 4.07M | -213.67K | -2.12M | -12.71M |
| Tangible Book Value Per Share | -0.16 | -0.14 | 2.45 | -0.23 | -2.32 | |
| Machinery | 7.24K | 97.80K | 99.51K | 90.26K | 87.64K |
Cash flow statement
Fiscal year March - February; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | -15.41M | -15.91M | -10.12M | -7.33M | -5.03M | -5.44M |
| Depreciation & Amortization | 1.35M | 1.10M | 713.24K | 1.47M | 42.55K | 39.61K |
| Other Amortization | 795.39K | 687.04K | 342.94K | 676.85K | 1.02M | |
| Loss (Gain) From Sale of Assets | 90.00 | 14.72K | ||||
| Asset Writedown & Restructuring Costs | 463.86K | 463.86K | 1.22M | |||
| Loss (Gain) on Equity Investments | 46.51K | 11.31K | 7.39K | |||
| Stock-Based Compensation | 29.20K | 2.55M | 67.87K | 116.51K | ||
| Provision & Write-off of Bad Debts | 469.83K | 315.50K | ||||
| Other Operating Activities | 4.53M | 4.94M | 1.36M | 508.42K | ||
| Change in Accounts Receivable | 81.11K | -96.60K | 11.52K | -662.94K | 5.05K | |
| Change in Accounts Payable | -212.97K | -432.14K | 1.40M | -531.37K | 533.19K | -14.79K |
| Change in Unearned Revenue | -922.03K | 1.56M | -42.15K | 102.95K | -46.85K | 13.17K |
| Change in Other Net Operating Assets | -113.34K | 258.90K | 171.34K | -308.67K | 30.10K | 55.80K |
| Operating Cash Flow | -8.89M | -4.56M | -5.08M | -5.73M | -3.79M | -3.11M |
| Capital Expenditures | -944.80K | -1.24M | -9.25K | -2.93K | -26.77K | |
| Sale of Property, Plant & Equipment | 1.00K | |||||
| Cash Acquisitions | -1.34M | 417.12K | ||||
| Sale (Purchase) of Intangibles | -211.32K | -109.00K | -534.75K | -1.02M | -2.35M | -1.72M |
| Investment in Securities | -25.00K | -25.00K | -500.00K | |||
| Other Investing Activities | 1.59M | -1.93M | ||||
| Investing Cash Flow | -1.18M | -2.72M | -1.03M | 980.93K | -4.29M | -1.74M |
| Short-Term Debt Issued | 1.97M | 1.28M | 8.13M | 6.99M | ||
| Long-Term Debt Issued | 2.71M | 2.12M | ||||
| Total Debt Issued | 4.69M | 2.71M | 4.09M | 1.28M | 8.13M | 6.99M |
| Short-Term Debt Repaid | -363.00K | |||||
| Total Debt Repaid | -329.24K | -363.00K | ||||
| Net Debt Issued (Repaid) | 4.36M | 2.35M | 4.09M | 1.28M | 8.13M | 6.99M |
| Issuance of Common Stock | 5.04M | 5.30M | 316.99K | 1.91M | ||
| Other Financing Activities | -1.74M | -295.07K | -2.09M | |||
| Financing Cash Flow | 9.38M | 7.92M | 6.85M | 4.79M | 8.13M | 4.91M |
| Net Cash Flow | -692.52K | 633.72K | 738.56K | 41.33K | 51.42K | 54.45K |
| Free Cash Flow | -9.84M | -5.81M | -5.08M | -5.74M | -3.80M | -3.13M |
| Free Cash Flow Margin | -204.25% | -156.27% | -1,013.15% | -1,251.37% | -991.43% | -1,780.79% |
| Free Cash Flow Per Share | -0.78 | -0.65 | -1.11 | -25.15 | -53.02 | |
| Levered Free Cash Flow | -9.93M | -6.18M | -3.57M | -2.19M | -6.13M | |
| Unlevered Free Cash Flow | -9.84M | -6.17M | -3.54M | -2.16M | -6.09M | |
| Cash Interest Paid | 643.76K | 376.52K | 91.68K | 4.38K | 1.77K | 8.00 |
| Change in Working Capital | -1.17M | 1.29M | 1.54M | -1.40M | 521.49K | 54.18K |
Ratios
Fiscal year March - February; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 17.82M | 39.22M | 6.34M | 2.80M | ||
| Enterprise Value | 20.37M | 40.90M | 10.12M | 13.74M | ||
| Last Close Price | 1.26 | 2.87 | 3.98 | 2.99 | ||
| Forward PE | 205.00 | |||||
| PS Ratio | 3.98 | 10.56 | 12.64 | 6.10 | ||
| PB Ratio | 3.94 | 7.30 | 0.86 | 0.90 | ||
| P/TBV Ratio | 1.56 | |||||
| EV/Sales Ratio | 4.51 | 11.01 | 20.18 | 29.96 | ||
| Debt / Equity Ratio | 0.77 | 0.65 | 0.08 | 0.27 | 9.35 | -1.10 |
| Net Debt / Equity Ratio | 0.53 | 0.33 | -0.07 | 0.16 | 8.77 | -1.08 |
| Net Debt / EBITDA Ratio | -0.20 | -0.12 | 0.07 | -0.12 | -0.87 | -2.34 |
| Net Debt / FCF Ratio | -0.26 | -0.31 | 0.10 | -0.09 | -1.12 | -3.97 |
| Asset Turnover | 0.36 | 0.32 | 0.07 | 0.08 | 0.10 | |
| Quick Ratio | 0.21 | 0.46 | 0.42 | 0.18 | 0.06 | 0.02 |
| Current Ratio | 0.48 | 0.81 | 0.96 | 0.87 | 0.49 | 0.02 |
| Return on Equity (ROE) | -296.73% | -249.81% | -193.05% | -368.58% | ||
| Return on Assets (ROA) | -66.85% | -86.37% | -61.68% | -64.70% | -82.25% | |
| Return on Capital Employed (ROCE) | -216.40% | -173.50% | -100.70% | -181.60% | -362.40% | 46.50% |
| Earnings Yield | -105.71% | -40.57% | -159.65% | -261.87% | ||
| FCF Yield | -51.28% | -14.80% | -80.14% | -205.03% | ||
| Buyback Yield / Dilution | -66.77% | -95.55% | -1,900.57% | -218.90% |