NASDAQ : NXTT
Next Technology Holding Inc. — Financial statements
Technology · Software - Application · China
Last price 5.3 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 7.81M
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Financial statements
Next Technology Holding Inc. (NXTT) reported revenue of 12.92M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 12.92M | 11.61M | 1.80M | 2.50M | 14.38M | |
| Cost of Revenue | 10.73M | 9.86M | 730.00K | 1.07M | 2.68M | |
| Gross Profit | 2.19M | 1.76M | 1.07M | 1.43M | 11.70M | |
| Selling, General & Admin | 75.60M | 67.47M | 1.09M | 2.67M | 6.79M | 5.71M |
| Research & Development | 17.52M | 14.48M | ||||
| Operating Expenses | 93.13M | 81.96M | 1.09M | 2.67M | 6.79M | 5.71M |
| Operating Income | -90.94M | -80.20M | -16.80K | -1.24M | -6.79M | 5.99M |
| Other Non Operating Income (Expenses) | -280.56M | 279.75M | 43.19M | 4.39M | 303.67K | |
| EBT Excluding Unusual Items | -371.50M | 199.55M | 43.17M | 3.15M | -6.79M | 6.30M |
| Gain (Loss) on Sale of Investments | -13.40M | |||||
| Pretax Income | -371.50M | 199.55M | 29.78M | 3.15M | -6.79M | 6.30M |
| Income Tax Expense | -67.08M | 56.38M | 8.23M | 130.41K | 1.12M | |
| Earnings From Continuing Operations | -304.41M | 143.16M | 21.54M | 3.02M | -6.79M | 5.18M |
| Earnings From Discontinued Operations | 6.30K | -12.95M | -2.37M | |||
| Net Income | -304.41M | 143.16M | 21.55M | -9.93M | -9.16M | 5.18M |
| Net Income to Common | -304.41M | 143.16M | 21.55M | -9.93M | -9.16M | 5.18M |
| Shares Outstanding (Basic) | 424.02K | 23.18K | ||||
| Shares Outstanding (Diluted) | 424.02K | 23.18K | ||||
| EPS (Basic) | -717.92 | 6,177.03 | ||||
| EPS (Diluted) | -717.92 | 6,177.03 | ||||
| Free Cash Flow | -5.14M | -3.07M | 20.21M | -38.21M | -4.17M | |
| Free Cash Flow Per Share | -12.13 | -132.66 | ||||
| Gross Margin | 16.94% | 15.12% | 59.44% | 57.16% | 81.35% | |
| Operating Margin | -703.80% | -690.49% | -0.93% | -49.48% | 41.68% | |
| Profit Margin | -2,355.98% | 1,232.61% | 1,197.20% | -397.02% | 35.99% | |
| Free Cash Flow Margin | -39.81% | -26.47% | 808.25% | -29.00% | ||
| EBITDA | -973.84K | -6.53M | 6.02M | |||
| EBITDA Margin | -38.95% | 41.84% | ||||
| D&A For EBITDA | 263.26K | 263.26K | 23.35K | |||
| EBIT | -90.94M | -80.20M | -16.80K | -1.24M | -6.79M | 5.99M |
| EBIT Margin | -0.93% | -49.48% | 41.68% | |||
| Effective Tax Rate | 28.26% | 27.65% | 4.14% | 17.82% | ||
| Revenue as Reported | 14.38M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 159.04M | 5.62M | 668.39K | 668.39K | 22.93K | 616.59K |
| Cash & Short-Term Investments | 159.04M | 5.62M | 668.39K | 668.39K | 22.93K | 616.59K |
| Accounts Receivable | 127.50K | 354.77K | 1.80M | 1.00M | 9.23M | |
| Other Receivables | 5.81M | 10.85K | ||||
| Receivables | 127.50K | 354.77K | 1.80M | 1.00M | 5.81M | 13.04M |
| Prepaid Expenses | 1.68M | |||||
| Other Current Assets | 351.51M | 518.15M | 90.45M | 47.26M | 41.19M | 2.78M |
| Total Current Assets | 512.36M | 524.13M | 92.92M | 48.93M | 47.02M | 16.44M |
| Property, Plant & Equipment | 2.72M | |||||
| Other Intangible Assets | 37.77K | |||||
| Other Long-Term Assets | 272.06K | |||||
| Total Assets | 512.36M | 524.13M | 92.92M | 48.93M | 47.02M | 19.47M |
| Accounts Payable | 1.29M | 751.32K | 730.00K | 800.00K | 62.15K | |
| Accrued Expenses | 804.15K | 1.02M | 1.43M | 2.40M | 770.00K | 639.88K |
| Short-Term Debt | 580.39K | 2.04M | 760.35K | |||
| Current Portion of Leases | 596.10K | |||||
| Current Income Taxes Payable | 130.41K | 130.41K | 130.41K | 130.41K | 649.03K | |
| Other Current Liabilities | 888.67K | 4.05M | 1.05M | |||
| Total Current Liabilities | 2.92M | 3.94M | 3.05M | 4.22M | 4.82M | 3.00M |
| Long-Term Leases | 1.94M | |||||
| Long-Term Deferred Tax Liabilities | 24.09M | 64.62M | 8.23M | |||
| Total Liabilities | 27.01M | 68.55M | 11.29M | 4.22M | 4.82M | 4.94M |
| Common Stock | 56.35M | |||||
| Additional Paid-In Capital | 468.58M | 303.25M | 71.72M | 43.73M | 6.20M | |
| Retained Earnings | 16.77M | 152.33M | 9.91M | -11.64M | -1.22M | 7.43M |
| Comprehensive Income & Other | -310.58K | 898.50K | ||||
| Shareholders' Equity | 485.35M | 455.58M | 81.63M | 44.71M | 42.20M | 14.53M |
| Total Liabilities & Equity | 512.36M | 524.13M | 92.92M | 48.93M | 47.02M | 19.47M |
| Total Debt | 580.39K | 2.04M | 760.35K | 2.54M | ||
| Net Cash (Debt) | 158.46M | 3.59M | -91.97K | 668.39K | 22.93K | -1.92M |
| Net Cash Per Share | 373.71 | 154.71 | ||||
| Filing Date Shares Outstanding | 1.47M | 762.64K | 21.81K | |||
| Total Common Shares Outstanding | 1.47M | 48.83K | ||||
| Working Capital | 509.44M | 520.20M | 89.86M | 44.71M | 42.20M | 13.44M |
| Book Value Per Share | 329.51 | 9,330.67 | ||||
| Tangible Book Value | 485.35M | 455.58M | 81.63M | 44.71M | 42.20M | 14.49M |
| Tangible Book Value Per Share | 329.51 | 9,330.67 | ||||
| Machinery | 150.91K | |||||
| Leasehold Improvements | 267.79K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -304.41M | 143.16M | 21.55M | -9.93M | -9.16M | 5.18M |
| Depreciation & Amortization | 23.35K | |||||
| Other Amortization | 12.52K | |||||
| Loss (Gain) From Sale of Investments | 13.40M | |||||
| Stock-Based Compensation | 85.18M | 76.80M | ||||
| Other Operating Activities | 213.47M | -223.37M | -34.96M | -4.34M | 2.37M | 140.00K |
| Change in Accounts Receivable | 412.50K | 1.45M | -800.00K | -1.00M | -6.47M | |
| Change in Accounts Payable | 1.29M | 21.32K | -70.00K | 800.00K | 50.12K | |
| Change in Income Taxes | 130.41K | -177.84K | ||||
| Change in Other Net Operating Assets | -1.09M | -1.14M | 874.80K | 1.63M | -39.83K | -2.51M |
| Operating Cash Flow | -5.14M | -3.07M | 20.21M | -38.21M | -3.75M | |
| Capital Expenditures | -417.11K | |||||
| Other Investing Activities | -32.62M | |||||
| Investing Cash Flow | -32.62M | -1.03M | ||||
| Short-Term Debt Issued | 438.31K | 584.37K | 689.03K | |||
| Total Debt Issued | 438.31K | 584.37K | 689.03K | |||
| Total Debt Repaid | -1.46M | |||||
| Net Debt Issued (Repaid) | -1.46M | 438.31K | 584.37K | 689.03K | ||
| Issuance of Common Stock | 164.98M | 8.03M | 12.62M | 39.35M | ||
| Financing Cash Flow | 163.52M | 8.03M | 13.05M | 39.93M | 689.03K | |
| Foreign Exchange Rate Adjustments | -2.32M | 68.67K | ||||
| Net Cash Flow | 158.37M | 4.96M | 645.46K | -593.67K | -4.02M | |
| Free Cash Flow | -5.14M | -3.07M | 20.21M | -38.21M | -4.17M | |
| Free Cash Flow Margin | -39.81% | -26.47% | 808.25% | -29.00% | ||
| Free Cash Flow Per Share | -12.13 | -132.66 | ||||
| Levered Free Cash Flow | 309.17M | -399.98M | -45.93M | -2.64M | -33.01M | -5.74M |
| Unlevered Free Cash Flow | 309.17M | -399.98M | -45.93M | -2.64M | -33.01M | -5.74M |
| Cash Income Tax Paid | 1.90K | 1.90K | 480.53K | |||
| Change in Working Capital | 611.57K | 327.93K | 4.80K | 1.56M | -39.83K | -9.10M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 7.66M | 24.62M | 16.98M | 10.09M | 65.41M | 1.21B |
| Enterprise Value | -150.80M | 14.26M | 16.31M | 8.67M | 45.15M | 1.21B |
| Last Close Price | 5.30 | 603.00 | 48,800.00 | 77,000.00 | 1,257,862.00 | 14,798,372.00 |
| PE Ratio | 0.17 | 0.79 | 234.46 | |||
| PS Ratio | 0.60 | 2.12 | 9.44 | 4.04 | 84.38 | |
| PB Ratio | 0.02 | 0.05 | 0.21 | 0.23 | 1.55 | 83.52 |
| P/TBV Ratio | 0.02 | 0.05 | 0.21 | 0.23 | 1.55 | 83.74 |
| P/FCF Ratio | 0.50 | |||||
| P/OCF Ratio | 0.50 | |||||
| EV/Sales Ratio | 1.23 | 9.06 | 3.47 | 84.48 | ||
| EV/EBITDA Ratio | 201.88 | |||||
| EV/EBIT Ratio | 202.67 | |||||
| EV/FCF Ratio | 0.43 | |||||
| Debt / Equity Ratio | 0.00 | 0.00 | 0.01 | 0.17 | ||
| Debt / EBITDA Ratio | 0.38 | |||||
| Net Debt / Equity Ratio | -0.33 | -0.01 | 0.00 | -0.01 | -0.00 | 0.13 |
| Net Debt / EBITDA Ratio | 0.69 | 0.00 | 0.32 | |||
| Net Debt / FCF Ratio | 30.80 | 1.17 | -0.03 | 0.00 | -0.46 | |
| Asset Turnover | 0.02 | 0.04 | 0.03 | 0.05 | 0.87 | |
| Quick Ratio | 54.54 | 1.52 | 0.81 | 0.40 | 1.21 | 3.29 |
| Current Ratio | 175.57 | 133.18 | 30.43 | 11.59 | 9.76 | 5.48 |
| Return on Equity (ROE) | -59.40% | 53.30% | 34.11% | 6.95% | -23.95% | 44.19% |
| Return on Assets (ROA) | -9.92% | -16.25% | -0.01% | -1.61% | -12.77% | 22.70% |
| Return on Invested Capital (ROIC) | -26.80% | -21.56% | -0.02% | -2.75% | -23.18% | 41.25% |
| Return on Capital Employed (ROCE) | -17.90% | -15.40% | 0.00% | -2.80% | -16.10% | 36.40% |
| Earnings Yield | -13,806.21% | 581.56% | 126.89% | -98.40% | -14.00% | 0.43% |
| FCF Yield | -65.90% | -12.49% | 200.32% | -58.41% | -0.34% |