NXPL - NextPlat Corp Stock Analysis | Stock Taper
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NextPlat Corp

NXPL

NextPlat Corp NASDAQ
$5.43 3.63% (+0.19)

Market Cap $13.87 M
52w High $11.10
52w Low $3.40
P/E -1.23
Volume 12.67K
Outstanding Shares 2.70M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q4-2025 $12.8M $5.28M $-6.39M -49.94% $-2.5 $-5.41M
Q3-2025 $13.75M $1.9M $-2.19M -15.89% $-0.84 $-1.95M
Q2-2025 $13.24M $4.71M $-1.79M -13.51% $-0.69 $-1.48M
Q1-2025 $14.53M $4.95M $-1.34M -9.25% $-0.52 $-1.02M
Q4-2024 $15.63M $4.98M $-3.02M -19.3% $-1.2 $-2.73M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2025 $13.71M $27.46M $10.04M $17.31M
Q3-2025 $13.93M $30.01M $8.47M $21.43M
Q2-2025 $16.64M $31.03M $7.42M $23.49M
Q1-2025 $17.74M $35.2M $9.75M $25.34M
Q4-2024 $19.96M $36.48M $9.68M $26.68M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2025 $-5.15M $-302K $-37K $133K $-217K $-339K
Q3-2025 $-2.19M $-2.73M $102K $-97K $-2.71M $-2.73M
Q2-2025 $-1.79M $-1.04M $120K $-127K $-1.1M $-1.05M
Q1-2025 $-1.34M $-2.06M $-22K $-134K $-2.22M $-2.08M
Q4-2024 $-3.02M $-476K $28K $22K $-400K $-444K

Revenue by Products

Product Q2-2024Q4-2024Q2-2025Q3-2025
Product
Product
$10.00M $30.00M $10.00M $10.00M
Service
Service
$0 $0 $0 $0

Revenue by Geography

Region Q4-2019
Africa
Africa
$0
Europe
Europe
$0
North America
North America
$0
South America
South America
$0

Q3 2025 Earnings Call Summary

Read Call Summary

5-Year Trend Analysis

A comprehensive look at NextPlat Corp's financial evolution and strategic trajectory over the past five years.

+ Strengths

The company benefits from a strong liquidity position, low leverage, and a relatively clean balance sheet, giving it breathing room despite current losses. It has a diversified, technology‑enabled business model spanning healthcare, pharmacy, e‑commerce, and connectivity, supported by strategic partnerships and acquisitions that provide access to broader markets and capabilities.

! Risks

The main risks are sustained unprofitability, negative cash flow from operations, and a history of accumulated losses. The small scale of operations compared with the ambition of its platform, intense competition in all key markets, and the complexity of integrating multiple businesses and partnerships add significant execution risk. If cash burn persists and revenue does not scale meaningfully, the balance sheet strength could gradually erode.

Outlook

Looking ahead, the company appears to be in a transition phase: financially stressed on the income statement and cash flow side, but with enough balance sheet strength and a pipeline of initiatives to attempt a turnaround. The outlook will depend on its ability to grow higher‑margin healthcare and service revenues, improve cost efficiency, and successfully commercialize its analytics and IoT offerings. For now, the story combines genuine strategic opportunity with elevated financial and execution uncertainty.