Logo

NXTT

Next Technology Holding Inc.

NXTT

Next Technology Holding Inc. • NASDAQ
$8.48 ▲ 24.89% (+1.69)
Market Cap $24.30 M
52w High $960.00
52w Low $5.80
Dividend Yield 0%
P/E 0.02
Volume 1.36M
Outstanding Shares 2.87M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2025 $0 $255.962K ▼ $118.575M ▼ 0% $54 ▼ $-255.962K ▼
Q1-2025 $0 ▼ $449.858K ▲ $193.44M ▲ 0% ▼ $396 ▲ $0 ▼
Q4-2024 $1.8M ▲ $-155.324K ▼ $7.552M ▲ 419.549% ▲ $216 ▲ $1.225M ▲
Q3-2024 $0 $566.983K ▲ $1.378M ▲ 0% $40 ▲ $0
Q2-2024 $0 $344.999K $-6.927M 0% $-386 $0

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $632.736M ▲ $633.276M ▲ $93.675M ▲ $539.601M ▲
Q1-2025 $668.387K $483.826M ▲ $62.799M ▲ $421.027M ▲
Q4-2024 $668.387K $92.916M ▲ $11.288M ▲ $81.628M ▲
Q3-2024 $668.387K $79.434M ▲ $5.358M ▼ $74.076M ▲
Q2-2024 $668.387K $78.054M $5.934M $72.12M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $118.575M ▼ $150.043M ▲ $0 $0 $150.043M ▲ $150.043M ▲
Q1-2025 $193.44M ▲ $0 ▼ $0 $0 ▲ $0 $0 ▼
Q4-2024 $7.552M ▲ $81.332K ▲ $0 $-81.332K ▼ $0 $81.332K ▲
Q3-2024 $1.372M ▲ $-80.803K ▼ $0 $80.698K ▲ $0 $-80.803K ▼
Q2-2024 $-6.927M $0 $0 $-40K $0 $0

Five-Year Company Overview

Income Statement

Income Statement Income Statement: NXTT still looks more like an early‑stage platform than a mature software company. Reported revenue over the last few years is essentially negligible, with only a token level of sales in earlier years and none recently. Yet the company has swung between small profits and small losses, with the latest year showing a modest profit despite no operating revenue. That pattern strongly suggests earnings are being driven by non‑operating items, such as investment gains or one‑off factors, rather than by a solid, recurring software business. The extremely wild moves in earnings per share are mostly a function of reverse stock splits and a tiny equity base, not a sign of a suddenly booming underlying business. Overall, the income statement tells a story of a company still searching for consistent, scalable revenue, while headline profit figures may overstate the strength of the core operations.

Balance Sheet

Balance Sheet Balance Sheet: NXTT operates with a very small asset base, but it has gradually grown over the last few years. Equity has also increased, and there is no reported financial debt, which reduces balance‑sheet risk. At the same time, reported cash balances are basically zero, which raises questions about liquidity, funding sources, and the sustainability of operations without fresh capital or ongoing investment gains. The balance sheet is “lightweight”: not overburdened by borrowings, but also not cushioned by large reserves. This lean profile can be nimble in good times but leaves limited margin for error if the business faces setbacks or if its Bitcoin and other strategic bets move against it.

Cash Flow

Cash Flow Cash Flow: Cash flow mirrors the early‑stage nature of the business. Operating cash flow has bounced between slightly negative, neutral, and modestly positive, with no meaningful pattern of steady cash generation. Free cash flow follows the same path, helped by essentially no capital spending, which may also signal under‑investment in physical infrastructure. In practical terms, the company is not yet a reliable cash generator and appears to rely on external funding or financial gains rather than cash coming in from customers. This adds uncertainty around how future growth, research, and expansion will be financed.

Competitive Edge

Competitive Edge Competitive Position: NXTT’s main software asset is its YCloud platform, aimed at micro‑businesses in social e‑commerce. This is a focused niche where many large players are less tailored, giving the company some early‑mover advantage. The integrated nature of YCloud—combining e‑commerce tools, AI analytics, supply‑chain connections, and payments—can make the service sticky once adopted and can create network effects as more merchants join. The firm is also pushing its AI capabilities into other sectors like hospitality, smart infrastructure, and crypto mining, which broadens its potential market. However, the company is small, faces intense competition from bigger technology and platform firms, and operates in highly dynamic and regulated areas (Chinese tech, AI, and digital assets). Its moat is emerging but still fragile, highly dependent on execution, product quality, and the ability to retain and expand its niche user base.

Innovation and R&D

Innovation and R&D Innovation & R&D: Innovation is the clear strategic focus. NXTT leans heavily on AI, big‑data analytics, and conversational technologies (including ChatGPT‑style services) within its YCloud platform and newer industry solutions. Concepts like its “AI fission” growth mechanisms, AI‑enabled monitoring systems, and customized SaaS tools for different verticals show ambition to be more than a simple e‑commerce plug‑in. The company also follows a dual strategy of combining AI SaaS with Bitcoin exposure, positioning itself at the intersection of software and digital assets. This is unconventional and could provide upside funding for R&D if digital assets perform well, but it also introduces extra volatility and strategic risk. Given the firm’s small size and limited financial resources, the key question is whether it can sustain enough investment in talent, product development, and infrastructure to keep up with much larger AI and software competitors.

Summary

Summary: NXTT is an early‑stage, high‑risk technology story centered on AI‑enabled SaaS for micro‑businesses and a bold overlay of Bitcoin and digital‑asset exposure. Financially, it remains essentially pre‑revenue, with small profits and losses driven largely by non‑operating items rather than a mature, recurring software business model. The balance sheet is clean but thin—no debt, limited assets, and minimal reported cash—leaving little cushion if conditions turn adverse. Cash flows are inconsistent and not yet self‑funding. Strategically, the company is trying to build a differentiated niche in social e‑commerce and expand its AI services into other industries, supported by a platform that could benefit from data and network effects if adoption scales. At the same time, it competes in crowded, fast‑moving markets and has tied part of its future to the inherently volatile world of cryptocurrencies. Overall, NXTT’s profile combines meaningful technological ambition and potential upside with substantial execution, funding, and volatility risks, and its long‑term trajectory will depend on converting its innovation pipeline into stable, recurring customer revenue.

NEWS

September 11, 2025 · 6:55 PM UTC

Correction: Next Technology Holding Inc. Announces Reverse Stock Split

Read more

September 11, 2025 · 4:00 PM UTC

Next Technology Holding Inc. Announces Reverse Stock Split

Read more

September 3, 2025 · 5:00 PM UTC

Univest Securities, LLC Announces Closing of $9 Million Registered Direct Offering for its Client Next Technology Holding Inc. (NASDAQ: NXTT)

Read more

September 2, 2025 · 1:30 PM UTC

Next Technology Holding Inc. Announces $9 Million Registered Direct Offering

Read more