Nextplat Corp income statement
In fiscal 2025, Nextplat Corp reported revenue of $54.3m, down 17.8% on the year before, operating income of −$9.0m (a -16.6% margin) and net income of −$11.7m, or −$0.44 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4 | 5 | 6 | 6 | 6 | 6 | 8 | 12 | 38 | 66 | 54 | 48 |
| Cost of revenue | 3 | 4 | 5 | 5 | 5 | 4 | 6 | 9 | 26 | 49 | 43 | 36 |
| Gross profit | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 11 | 17 | 11 | 13 |
| Research and development | 0 | 0 | 0 | 0 | — | 0 | 0 | — | — | — | — | — |
| Selling, general and administrative | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 5 | 10 | 6 | 6 | 8 |
| Operating income | −2 | −2 | −2 | −1 | −1 | −2 | −7 | −7 | −23 | −23 | −9 | −7 |
| Interest expense | — | — | — | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | — |
| Net interest income | 0 | — | — | — | — | — | — | — | — | — | — | — |
| Income before tax | −2 | −3 | −4 | −1 | −1 | −3 | −8 | −9 | −12 | −22 | −10 | −9 |
| Income tax | — | — | 0 | 0 | 0 | — | — | 0 | 0 | 0 | 0 | 0 |
| Net income | −2 | −3 | −4 | −1 | −1 | −3 | −8 | −9 | −4 | −14 | −12 | −10 |
| Diluted EPS | −$731.25 | −$214.13 | −$303.75 | −$95.70 | −$65.00 | −$132.05 | −$1.98 | −$0.96 | −$0.22 | −$0.65 | −$0.44 | — |
| Diluted shares (average) | — | — | — | — | — | — | 4m | 10m | 17m | 21m | 27m | — |
| EBITDA | −2 | −1 | −1 | −1 | −1 | −2 | −6 | −7 | −21 | −22 | −8 | −7 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 15 | 16 | 14 | 13 | 14 | 13 | 10 | 12 |
| Cost of revenue | 12 | 14 | 11 | 10 | 11 | 11 | 6 | 7 |
| Gross profit | 4 | 3 | 3 | 3 | 3 | 2 | 3 | 5 |
| Selling, general and administrative | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Operating income | −8 | −2 | −2 | −2 | −2 | −4 | −1 | −0 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | — | — |
| Income before tax | −8 | −2 | −2 | −2 | −2 | −5 | −1 | −0 |
| Income tax | 0 | −0 | 0 | 0 | −0 | −0 | 0 | 0 |
| Net income | −4 | −3 | −2 | −2 | −2 | −6 | −1 | −0 |
| Diluted EPS | −$0.22 | −$0.07 | −$0.05 | — | — | — | — | — |
| EBITDA | −8 | −4 | −2 | −2 | −2 | −4 | −1 | −0 |
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