NXPL
NextPlat Corp0.6013
-0.0147-2.39%
Dec 16, 4:00:01 PM EST
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
15.82MP/E (TTM)
-Basic EPS (TTM)
-0.30Dividend Yield
0%Recent Filings
8-K
8-K
Nasdaq grants extension
NextPlat Corp secured a second 180-day extension from Nasdaq until April 27, 2026, to lift its common stock bid price above $1.00 for 10 consecutive business days, after failing the initial compliance period ending October 27, 2025. The extension hinges on meeting other listing standards and plans for a potential reverse stock split. Shares remain listed on the Nasdaq Capital Market. Delisting looms if unsuccessful.
8-K
NextPlat appoints new CFO internally
NextPlat Corp announced on October 13, 2025, that CFO Cecile Munnik is stepping down, with a transition period extending through the filing of the Q3 2025 quarterly report. The board immediately appointed Amanda L. Ferrio, 37, as her replacement, boosting her base salary to $225,000 annually. Ferrio, with over 15 years in accounting and finance including her recent role as VP at subsidiary Progressive Care, brings deep internal knowledge to support the company's refocusing efforts. This internal promotion signals continuity amid operational shifts.
8-K
NextPlat appoints permanent CEO, Chairman
NextPlat solidified leadership stability by appointing interim figures Rodney Barreto as permanent Chairman and David Phipps as CEO on September 3, 2025, following the May passing of prior executive Charles M. Fernandez. This move supports ongoing refocusing efforts, including healthcare segment growth via new 340B clinic contracts and a government subcontract, plus cost cuts like terminating a lease for $240,000 annual savings starting 2026. Leadership changes drive efficiency. Forward-looking plans hinge on execution amid market risks.
10-Q
Q2 FY2025 results
NextPlat's Q2 revenue dipped 22% year-over-year to $13.2M, with healthcare prescriptions and 340B contracts falling sharply while e-commerce grew 17% on hardware and airtime sales; gross margins contracted to 21.8% from 34.5%, hit by drug pricing pressures and expired contracts. Operating expenses plunged 72% to $4.7M, erasing last year's $9.8M impairment, yielding a narrower $1.8M net loss versus $10.7M prior. Cash burned $3.1M in operations, leaving $16.6M on hand against $1.2M debt; the April 2024 Outfitter buy added satellite services with $473K intangibles amortized over years. Yet U.S.-China tariffs threaten e-commerce margins in key markets.
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