NTRP Research | Milton Maxwell

NTRP

NextTrip, Inc.

3.1000

+0.1000+3.33%

Dec 16, 4:00:00 PM EST

Upcoming Earnings

Report date

≈ -/-

Earnings Call Transcripts

This Quarter (Q4 '25)

No earnings call transcript available yet

Last Quarter (Q3 '25)

No earnings call transcript available

Key Stats

Market Cap

39.16M

P/E (TTM)

Basic EPS (TTM)

-0.62

Dividend Yield

Recent Filings

8-K

12/4/25Dec 4, 2025

8-K

11/28/25Nov 28, 2025

8-K

11/19/25Nov 19, 2025

8-K

Q2 revenue surges 446%

10/15/25Oct 15, 2025

NextTrip reported Q2 fiscal 2026 revenues of $757,648, up 446% from Q1's $138,827 and exceeding the prior full-year total, fueled by acquisitions like TA Pipeline and media expansions including JOURNY's VOD launch and Travel Magazine 2.0. Non-cash fees from reverse takeover and board changes weighed on results but built a growth foundation. Momentum builds.

10-Q

Q2 FY2026 results

10/15/25Oct 15, 2025

NextTrip's Q2 FY2026 revenue jumped 390% y/y to $757.6K, fueled by group travel and Five Star Alliance commissions, while gross margin swung to 21.9% from a slim loss. Yet operating expenses ballooned 129% y/y to $3.4M, driven by $1.4M in professional fees and $470K organizational costs, yielding a $3.2M operating loss—wider than last year's $1.5M. Acquisitions like TA Pipeline (closed Aug 2025 for $443K cash/$387K stock, recognizing $287K goodwill and $910K intangibles) and FSA Travel bolstered inventory but spiked amortization. Cash rose to $1.8M on $3M related-party line drawdown, though $2.8M debt and $564K interest (derived) signal liquidity strain. Non-GAAP metrics not disclosed in the 10-Q. Competition from OTAs could squeeze margins further.

About

NextTrip, Inc., a technology-driven travel company, develops an integrated travel booking and media platform to connect leisure, group, and business travelers in the United States and internationally. The company offers NXT2.0, a booking engine platform that enables to book customized travel options. Its product portfolio consists of NextTrip Leisure, a booking engine for customized vacation packages, flights, hotels, tours, wellness vacations, cruise, and group travel options; NextTrip Luxury and Business, a platform that provides access to hotels; NextTrip Cruises, an integrated cruise booking engine; NextTrip Solutions, a travel agent platform; and NextTrip Media, a travel content platform. The company also markets its travel services through various brands, including NextTrip Vacations for direct-to-consumer leisure travel; Five Star Alliance for luxury and cruise bookings; NextTrip Business for small-to-mid-sized corporate travel; and PayDlay, a delayed payment booking option. In addition, its booking engine includes media properties, which consists of Journy.tv, Compass.tv, and Travel Magazine. The company was formerly known as Sigma Additive Solutions, Inc. and changed its name to NextTrip, Inc. in March 2024. NextTrip, Inc. is based in Santa Fe, New Mexico.

CEO

Mr. William Kerby

IPO

10/14/2010

Website

https://www.nexttrip.com

Employees

Sector

Consumer Cyclical

Industry

Travel Services