NXPL Nasdaq Telephone Communications (No Radiotelephone) Financials FY2016βFY2025
NextPlat Corp had $54.3M of revenue in fiscal 2025, down 17.8% on the year before. Over five years, revenue changed +57.0% a year on average.
Last close Β· Oct 23, 2026
$8.50
1.7%Hi! I read NextPlat Corpβs latest annual report (fiscal 2025). Here is what stands out:
Good So-so Weak
Are sales growing?
β17.8%
No. Sales fell 17.8% last year.
Does it make a profit?
β19.3%
No. It lost money last year.
Does profit turn into cash?
β11.4%
No. It spent more cash than it brought in.
How healthy are the accounts?
2 / 9
Weak. It passes 2 of 9 health tests.
How is the share priced?
β
No P/E: it made no profit over the last four quarters.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Is it selling more, and how much does it keep?
In plain words: Every quarter, companies publish how much they sold and earned. These are the days NextPlat Corp did it, and the next one. Share prices often move a lot on those days.
Next results
November 11, 2026
Wednesday Β· in 17 days
No past results dates on file yet.
KIRA Β· NextPlat Corp had $54.3M of revenue in fiscal 2025, down 17.8% on the year before. Over five years, revenue changed +57.0% a year on average. Its operating margin was β16.6%, up 18.3Β pts: of every 100 in sales, about β17 is left after running the business.
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
KIRA Β· NextPlat Corp lost $10.5M in fiscal 2025.
Loss periods are shown in red.
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
How much cash comes in, and where does it go?
KIRA Β· Free cash flow was β$6.2M in fiscal 2025, β11.4% of revenue.
Cash from operations minus capital spending.
In plain words: Profit on paper is not the same as cash in the bank. Free cash flow is the cash left after paying to run and maintain the business: the money it can hand back to shareholders, save or invest.
KIRA Β· NextPlat Corp returned $0.1M to shareholders in fiscal 2025. The diluted share count rose 28.7%.
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
KIRA Β· No open-market insider trades in the last 12 months.
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
β
$0.0M
No open-market insider trades in the last 12 months.
Can it carry its debts, and how well does it use its money?
KIRA Β· NextPlat Corp has $12.4M more cash than debt.
Cash, debt and the ratios that show how comfortably NextPlat Corp can carry it.
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $17.3M | $18.9M | $26.3M | $20.0M | $13.7M |
| Debt incl. finance leases | $0.0M | β | $1.5M | $1.4M | $1.3M |
| Debt / equity | 0.0x | β | 0.0x | 0.1x | 0.1x |
| Interest coverage | β4.5x | β300.1x | β294.0x | β284.3x | β140.6x |
| Current ratio | 7.0x | 10.3x | 3.1x | 3.9x | 2.6x |
| Quick ratio | 6.6x | 9.6x | 2.7x | 3.3x | 2.3x |
| Total assets | $20.6M | $28.6M | $64.5M | $37.1M | $27.5M |
| Total liabilities | $3.0M | $2.9M | $16.4M | $9.7M | $10.0M |
| Shareholders' equity | $17.5M | $25.8M | $32.2M | $27.3M | $17.3M |
| Net debt (β = net cash) | β$17.2M | β | β$24.8M | β$18.5M | β$12.4M |
KIRA Β· Its return on capital was β145.4%: every 100 invested in the business earned about β145 in a year.
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
In plain words: How much profit the business makes on the money put into it. A higher percentage means each dollar invested works harder.
KIRA Β· NextPlat Corp passes 2 of 9 financial health tests (Piotroski F-score).
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
In plain words: Nine yes/no tests of financial health, one point each. A green tick is a pass: 7 to 9 points is solid, 0 to 3 is weak.
| Test | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | β | β | β | β | β | β | β | β | β | β |
| Cash from operations is positive | β | β | β | β | β | β | β | β | β | β |
| Return on assets rose | β | β | β | β | β | β | β | β | β | β |
| Cash from operations exceeds net income | β | β | β | β | β | β | β | β | β | β |
| Debt fell relative to assets | β | β | β | β | β | β | β | β | β | β |
| Current ratio rose | β | β | β | β | β | β | β | β | β | β |
| Share count didn't rise | β | β | β | β | β | β | β | β | β | β |
| Gross margin rose | β | β | β | β | β | β | β | β | β | β |
| Revenue rose relative to assets | β | β | β | β | β | β | β | β | β | β |
| F-score | β / 3 | 2 / 8 | 4 / 8 | 3 / 8 | 4 / 8 | 4 / 9 | 4 / 8 | 4 / 8 | 3 / 9 | 2 / 9 |
| Accruals ratio | β51.0% | β109.3% | β20.0% | β29.6% | β76.1% | β34.6% | β22.6% | β0.4% | β16.9% | β13.4% |
| Altman Z'' | β5.02 | β9.27 | β15.70 | β19.16 | β22.44 | 5.71 | 8.58 | 0.87 | β1.24 | β3.93 |
Every number, year by year.
Amounts in USD. Hover a ratioβs name for its definition.
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $4.7M | $6.0M | $5.7M | $5.9M | $5.7M | $7.7M | $11.7M | $37.8M | $66.1M | $54.3M |
| Gross profit | $1.1M | $1.2M | $1.0M | $1.2M | $1.2M | $1.9M | $2.5M | $11.3M | $17.0M | $10.9M |
| Research and development | $0.0M | $0.0M | $0.0M | β | $0.0M | $0.0M | β | β | β | β |
| Operating income | β$1.6M | β$1.6M | β$1.1M | β$1.1M | β$2.0M | β$6.6M | β$7.2M | β$23.2M | β$23.0M | β$9.0M |
| Interest expense | β | β | $0.0M | $0.0M | $0.0M | $1.5M | $0.0M | $0.1M | $0.1M | $0.1M |
| Pretax income | β$2.6M | β$3.9M | β$1.2M | β$1.4M | β$2.8M | β$8.1M | β$9.1M | β$12.4M | β$22.5M | β$10.5M |
| Income tax | β | $0.0M | $0.0M | $0.0M | β | β | $0.1M | $0.0M | $0.1M | $0.0M |
| Net income | β$2.6M | β$3.9M | β$1.2M | β$1.4M | β$2.8M | β$8.1M | β$9.2M | β$3.8M | β$14.0M | β$10.5M |
| Net income to common | β$2.6M | β$3.9M | β | β$1.2M | β$2.8M | β | β$9.2M | β$3.8M | β$13.4M | β$11.7M |
| Diluted EPS | β$11.42 | β$8.10 | β$19.14 | β$13.00 | β$132.05 | β$1.98 | β$0.96 | β$0.22 | β$0.65 | β$0.44 |
| Diluted shares | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.00B | 0.01B | 0.02B | 0.02B | 0.03B |
| Cash flow | ||||||||||
| Cash from operations | β$1.0M | β$0.3M | β$0.6M | β$0.7M | β$0.8M | β$4.1M | β$3.6M | β$3.6M | β$5.5M | β$6.1M |
| Capital expenditure | $0.0M | $0.0M | $0.0M | $0.1M | $0.0M | $0.2M | $0.7M | $0.6M | $0.2M | $0.1M |
| Free cash flow | β$1.1M | β$0.3M | β$0.6M | β$0.7M | β$0.9M | β$4.3M | β$4.3M | β$4.2M | β$5.7M | β$6.2M |
| Depreciation and amortization | $0.3M | $0.3M | $0.3M | $0.3M | $0.3M | $0.3M | $0.5M | $2.1M | $0.8M | $0.5M |
| Stock-based compensation | $0.2M | $0.6M | $0.0M | $0.2M | $0.9M | $3.8M | $3.0M | $5.4M | $1.6M | $0.6M |
| Share buybacks | β | β | β | β | β | β | β | β | $0.0M | $0.1M |
| Dividends and buybacks | β | β | β | β | β | β | β | β | $0.0M | $0.1M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $0.1M | $0.2M | $0.1M | $0.1M | $0.7M | $17.3M | $18.9M | $26.3M | $20.0M | $13.7M |
| Total debt | β | β | β | β | $0.0M | $0.0M | β | $1.5M | $1.4M | $1.3M |
| Finance lease liabilities | β | β | β | β | β | β | $0.0M | $0.0M | $0.0M | $0.0M |
| Current assets | $0.8M | $1.1M | $0.7M | $0.9M | $1.4M | $19.4M | $21.2M | $43.6M | $32.1M | $24.2M |
| Current liabilities | $0.7M | $1.2M | $1.1M | $1.4M | $1.5M | $2.8M | $2.1M | $14.2M | $8.2M | $9.1M |
| Inventory | $0.3M | $0.3M | $0.3M | $0.4M | $0.4M | $1.0M | $1.3M | $5.1M | $4.9M | $3.4M |
| Property and equipment, net | $2.0M | $1.8M | $1.5M | $1.3M | $1.1M | $1.0M | $1.2M | $4.0M | $3.4M | $2.5M |
| Goodwill | β | β | β | β | β | $0.0M | $0.0M | $0.7M | $0.2M | $0.2M |
| Intangible assets | $0.3M | $0.2M | $0.2M | $0.1M | $0.1M | $0.1M | $0.1M | $14.4M | $0.5M | $0.4M |
| Total assets | $3.0M | $3.6M | $2.4M | $2.4M | $2.6M | $20.6M | $28.6M | $64.5M | $37.1M | $27.5M |
| Total liabilities | $0.7M | $1.2M | $1.1M | $1.8M | $2.1M | $3.0M | $2.9M | $16.4M | $9.7M | $10.0M |
| Preferred stock | β | β | β | β | β | β | $0.0M | $0.0M | $0.0M | $0.0M |
| Shareholders' equity | $2.3M | $1.9M | $1.4M | $0.6M | $0.6M | $17.5M | $25.8M | $32.2M | $27.3M | $17.3M |
| Margins | ||||||||||
| Gross margin | 22.9% | 19.2% | 18.1% | 20.8% | 21.5% | 24.0% | 21.3% | 30.0% | 25.7% | 20.1% |
| Operating margin | β34.7% | β26.3% | β19.7% | β18.9% | β35.7% | β85.6% | β61.5% | β61.5% | β34.8% | β16.6% |
| EBITDA margin | β29.0% | β22.0% | β15.1% | β14.2% | β30.6% | β81.5% | β57.3% | β55.9% | β33.7% | β15.6% |
| Net margin | β55.1% | β65.6% | β20.9% | β23.5% | β48.6% | β104.8% | β78.2% | β10.0% | β21.2% | β19.3% |
| FCF margin | β22.8% | β5.8% | β10.8% | β12.4% | β15.3% | β55.8% | β36.9% | β11.2% | β8.6% | β11.4% |
| Returns | ||||||||||
| Return on capital | β | β | β | β | β | β1,851.2% | β | β248.0% | β208.2% | β145.4% |
| Return on capital employed | β70.6% | β65.7% | β81.9% | β113.1% | β182.0% | β37.2% | β27.1% | β46.2% | β79.8% | β49.1% |
| Return on equity | β112.1% | β189.0% | β73.8% | β136.7% | β458.7% | β89.6% | β42.3% | β13.0% | β47.2% | β46.9% |
| Return on assets | β85.5% | β118.8% | β39.6% | β56.8% | β109.2% | β69.9% | β37.2% | β8.1% | β27.6% | β32.4% |
| Return on tangible equity | β126.7% | β239.0% | β101.4% | β228.8% | β594.0% | β46.4% | β35.6% | β22.2% | β50.5% | β70.0% |
| Growth | ||||||||||
| Revenue growth | β | 27.8% | β4.6% | 2.5% | β3.1% | 36.0% | 51.3% | 222.4% | 75.0% | β17.8% |
| Share count change | β | 111.2% | β87.1% | 70.2% | β80.0% | 19,149.1% | 135.1% | 82.4% | 17.8% | 28.7% |
| Financial health | ||||||||||
| Debt / equity | β | β | β | β | 0.0x | 0.0x | β | 0.0x | 0.1x | 0.1x |
| Interest coverage | β | β | β | β226.8x | β415.1x | β4.5x | β300.1x | β294.0x | β284.3x | β140.6x |
| Current ratio | 1.1x | 0.9x | 0.7x | 0.6x | 0.9x | 7.0x | 10.3x | 3.1x | 3.9x | 2.6x |
| Quick ratio | 0.6x | 0.6x | 0.4x | 0.4x | 0.7x | 6.6x | 9.6x | 2.7x | 3.3x | 2.3x |
| Capital allocation | ||||||||||
| Capex / revenue | 0.6% | 0.6% | 0.5% | 1.2% | 0.6% | 3.0% | 6.1% | 1.7% | 0.3% | 0.1% |
| Stock comp / revenue | 4.0% | 10.0% | 0.0% | 3.7% | 15.9% | 48.6% | 25.6% | 14.3% | 2.4% | 1.1% |
| Quality scores | ||||||||||
| Piotroski F-score | β | 2.0 | 4.0 | 3.0 | 4.0 | 4.0 | 4.0 | 4.0 | 3.0 | 2.0 |
| Altman Z'' | β5.0 | β9.3 | β15.7 | β19.2 | β22.4 | 5.7 | 8.6 | 0.9 | β1.2 | β3.9 |
| Accruals ratio | β51.0% | β109.3% | β20.0% | β29.6% | β76.1% | β34.6% | β22.6% | β0.4% | β16.9% | β13.4% |
Source: SEC EDGAR XBRL filings (CIK 0001058307). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.
