NYSEAMERICAN : NXB
NextBoat Inc. — Financial statements
Consumer Discretionary · Auto & Truck Dealerships · United States
Last price 1.48 USD (Oct 30, 2026, 10:08 AM EDT) · Market cap 37.21M
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Financial statements
NextBoat Inc. (NXB) reported revenue of 150.19M 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 | |
|---|---|---|---|---|
| Revenue | 150.19M | 119.87M | 99.00M | 91.84M |
| Cost of Revenue | 133.11M | 108.40M | 90.21M | 82.69M |
| Gross Profit | 17.07M | 11.47M | 8.78M | 9.15M |
| Selling, General & Admin | 21.94M | 10.69M | 5.84M | 5.89M |
| Operating Expenses | 22.45M | 11.00M | 6.10M | 6.11M |
| Operating Income | -5.37M | 462.91K | 2.68M | 3.04M |
| Interest Expense | -2.87M | -2.26M | -1.62M | -1.67M |
| Other Non Operating Income (Expenses) | -140.33K | -205.42K | -69.78K | -67.84K |
| Pretax Income | -8.38M | -2.00M | 991.68K | 1.30M |
| Income Tax Expense | -130.81K | -131.96K | ||
| Net Income | -8.05M | -1.87M | 991.68K | 1.30M |
| Net Income to Common | -8.05M | -1.87M | 991.68K | 1.30M |
| Shares Outstanding (Basic) | 22.79M | 20.51M | 20.00M | 20.00M |
| Shares Outstanding (Diluted) | 22.79M | 20.51M | 20.00M | 20.00M |
| EPS (Basic) | -0.35 | -0.09 | 0.05 | 0.06 |
| EPS (Diluted) | -0.35 | -0.09 | 0.05 | 0.06 |
| Free Cash Flow | -22.09M | -1.27M | -7.13M | -4.47M |
| Free Cash Flow Per Share | -0.97 | -0.06 | -0.36 | -0.22 |
| Gross Margin | 11.37% | 9.57% | 8.87% | 9.96% |
| Operating Margin | -3.58% | 0.39% | 2.71% | 3.31% |
| Profit Margin | -5.36% | -1.56% | 1.00% | 1.41% |
| Free Cash Flow Margin | -14.71% | -1.06% | -7.21% | -4.87% |
| EBITDA | -4.86M | 773.78K | 2.94M | 3.26M |
| EBITDA Margin | -3.24% | 0.65% | 2.97% | 3.55% |
| D&A For EBITDA | 509.50K | 310.87K | 255.24K | 217.06K |
| EBIT | -5.37M | 462.91K | 2.68M | 3.04M |
| EBIT Margin | -3.58% | 0.39% | 2.71% | 3.31% |
| Advertising Expenses | 1.16M | 489.01K | 540.06K |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Cash & Equivalents | 7.74M | 12.43M | 2.93M | 1.65M |
| Cash & Short-Term Investments | 7.74M | 12.43M | 2.93M | 1.65M |
| Accounts Receivable | 1.33M | 269.94K | 104.32K | 179.12K |
| Other Receivables | 4.94K | 994.03K | ||
| Receivables | 1.33M | 269.94K | 109.26K | 1.17M |
| Inventory | 60.39M | 26.04M | 22.59M | 12.56M |
| Prepaid Expenses | 1.40M | 706.26K | 2.39M | 2.39M |
| Other Current Assets | 569.05K | 434.58K | 840.40K | 272.13K |
| Total Current Assets | 71.43M | 39.88M | 28.86M | 18.05M |
| Property, Plant & Equipment | 22.92M | 7.34M | 1.97M | 941.07K |
| Goodwill | 5.50M | 570.00K | 570.00K | 570.00K |
| Other Intangible Assets | 572.83K | 560.41K | ||
| Other Long-Term Assets | 69.91K | 72.11K | 239.06K | 740.92K |
| Total Assets | 100.49M | 48.42M | 31.64M | 20.30M |
| Accounts Payable | 2.32M | 1.47M | 962.73K | 349.96K |
| Accrued Expenses | 1.95M | 790.80K | 507.28K | 302.56K |
| Short-Term Debt | 54.05M | 25.63M | 24.85M | 16.40M |
| Current Portion of Long-Term Debt | 1.97M | 32.45K | 137.47K | 123.11K |
| Current Portion of Leases | 2.55M | 963.73K | 382.73K | 129.20K |
| Other Current Liabilities | 5.64M | 1.98M | 2.46M | 2.78M |
| Total Current Liabilities | 68.48M | 30.87M | 29.30M | 20.08M |
| Long-Term Debt | 3.26M | 62.00K | 229.29K | 323.42K |
| Long-Term Leases | 16.69M | 5.65M | 1.14M | 147.21K |
| Total Liabilities | 88.44M | 36.58M | 30.67M | 20.55M |
| Common Stock | 25.08K | 24.02K | 20.00K | 20.00K |
| Additional Paid-In Capital | 23.72M | 17.96M | 2.77M | 1.81M |
| Retained Earnings | -11.84M | -6.50M | -1.83M | -2.08M |
| Comprehensive Income & Other | 350.00K | 350.00K | ||
| Shareholders' Equity | 12.06M | 11.84M | 967.39K | -249.72K |
| Total Liabilities & Equity | 100.49M | 48.42M | 31.64M | 20.30M |
| Total Debt | 78.52M | 32.34M | 26.74M | 17.12M |
| Net Cash (Debt) | -70.78M | -19.91M | -23.81M | -15.47M |
| Net Cash Per Share | -3.11 | -0.97 | -1.19 | -0.77 |
| Filing Date Shares Outstanding | 25.14M | 24.32M | 20.00M | 20.00M |
| Total Common Shares Outstanding | 25.08M | 24.02M | 20.00M | 20.00M |
| Working Capital | 2.95M | 9.01M | -443.44K | -2.03M |
| Book Value Per Share | 0.49 | 0.49 | 0.05 | -0.01 |
| Tangible Book Value | 6.19M | 10.70M | 397.39K | -819.72K |
| Tangible Book Value Per Share | 0.25 | 0.45 | 0.02 | -0.04 |
| Buildings | 2.49M | 63.60K | 63.60K | 63.60K |
| Machinery | 2.17M | 556.34K | 358.50K | 336.29K |
| Leasehold Improvements | 587.71K | 1.04M | 661.56K | 636.54K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Net Income | -8.05M | -1.87M | 991.68K | 1.30M |
| Depreciation & Amortization | 509.50K | 310.87K | 255.24K | 217.06K |
| Stock-Based Compensation | 5.73M | 1.80M | ||
| Other Operating Activities | -249.41K | -48.80K | 49.05K | 43.23K |
| Change in Accounts Receivable | -1.07M | -165.62K | 74.80K | -47.77K |
| Change in Inventory | -19.41M | -3.44M | -10.04M | 1.42M |
| Change in Accounts Payable | 1.62M | 508.47K | 740.54K | -230.19K |
| Change in Other Net Operating Assets | 2.36M | 2.21M | 817.06K | -6.64M |
| Operating Cash Flow | -18.57M | -697.39K | -7.11M | -3.94M |
| Capital Expenditures | -3.52M | -577.46K | -25.01K | -536.40K |
| Sale (Purchase) of Intangibles | -98.15K | -172.43K | ||
| Investing Cash Flow | -4.46M | -749.89K | -25.01K | -536.40K |
| Short-Term Debt Issued | 78.65M | 54.42M | 53.33M | |
| Long-Term Debt Issued | 59.43K | 2.82K | 12.72K | |
| Total Debt Issued | 106.22M | 78.71M | 54.43M | 53.34M |
| Short-Term Debt Repaid | -78.02M | -45.97M | -54.43M | |
| Long-Term Debt Repaid | -331.74K | -232.57K | -102.07K | |
| Total Debt Repaid | -90.58M | -78.35M | -46.21M | -54.53M |
| Net Debt Issued (Repaid) | 15.64M | 360.27K | 8.22M | -1.19M |
| Issuance of Common Stock | 13.39M | 13.39M | 920.97K | 1.77M |
| Common Dividends Paid | -1.39M | -2.80M | -736.29K | -286.06K |
| Financing Cash Flow | 27.65M | 10.95M | 8.41M | 288.99K |
| Net Cash Flow | 4.61M | 9.50M | 1.27M | -4.18M |
| Free Cash Flow | -22.09M | -1.27M | -7.13M | -4.47M |
| Free Cash Flow Margin | -14.71% | -1.06% | -7.21% | -4.87% |
| Free Cash Flow Per Share | -0.97 | -0.06 | -0.36 | -0.22 |
| Levered Free Cash Flow | -33.26M | -961.34K | -8.14M | |
| Unlevered Free Cash Flow | -31.47M | 451.94K | -7.13M | |
| Cash Interest Paid | 2.42M | 2.04M | 1.67M | 1.70M |
| Change in Working Capital | -16.51M | -888.57K | -8.40M | -5.49M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Market Capitalization | 38.97M | 49.64M | ||
| Enterprise Value | 109.75M | 77.19M | ||
| Last Close Price | 1.55 | 2.09 | ||
| PS Ratio | 0.26 | 0.41 | ||
| PB Ratio | 3.17 | 4.19 | ||
| P/TBV Ratio | 6.30 | 4.64 | ||
| EV/Sales Ratio | 0.73 | 0.64 | ||
| EV/EBITDA Ratio | 99.76 | |||
| EV/EBIT Ratio | 166.76 | |||
| Debt / Equity Ratio | 6.51 | 2.73 | 27.64 | -68.57 |
| Debt / EBITDA Ratio | 19.69 | 7.83 | 4.73 | |
| Net Debt / Equity Ratio | 5.87 | 1.68 | 24.61 | -61.95 |
| Net Debt / EBITDA Ratio | -14.56 | 25.73 | 8.10 | 4.75 |
| Net Debt / FCF Ratio | -3.21 | -15.62 | -3.34 | -3.46 |
| Asset Turnover | 2.23 | 3.00 | 3.81 | |
| Inventory Turnover | 3.13 | 4.46 | 5.13 | |
| Quick Ratio | 0.13 | 0.41 | 0.10 | 0.14 |
| Current Ratio | 1.04 | 1.29 | 0.98 | 0.90 |
| Return on Equity (ROE) | -132.56% | -29.24% | 276.36% | |
| Return on Assets (ROA) | -4.99% | 0.72% | 6.46% | |
| Return on Capital Employed (ROCE) | -16.80% | 2.60% | 115.00% | 1,375.40% |
| Earnings Yield | -22.80% | -3.77% | ||
| FCF Yield | -56.68% | -2.57% | ||
| Payout Ratio | 74.25% | 22.08% | ||
| Buyback Yield / Dilution | -13.93% | -2.55% |