NTRP earnings analysis
What we found in NTRP's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
NextTrip, Inc. reported Q4 revenue of $2 million, showing significant growth compared to the prior year's revenue of $83,497. However, the company recorded a diluted EPS of -0.43, missing analyst expectations, reflecting ongoing operational challenges amidst rising operational costs. Management continues to express concerns over the company's liquidity, with substantial financing needed to support operations moving forward.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Revenue Surges 946% YoY
- Total revenue reached $1,451,735, up from $138,827 for the same quarter last year.
- Operating Loss Reduced
- Operating loss decreased to $2,913,753 from $4,639,737 in the prior year, a reduction of 37%.
- Media Segment Growth
- Media segment revenue was recorded at $40,952, marking a significant contribution to overall growth.
- Improved Operating Cash Flow
- Operating cash outflow rose to $2,343,339 from $1,042,658, reflecting increased operational expenditures.
- Cash Position
- As of May 31, 2026, cash on hand was $803,490, down from $1,696,090 from the previous quarter.
- Capital Raising Efforts
- Financing activities yielded $1,688,300, an increase of 21% from the prior period's $1,392,700.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Liquidity Challenges Persist
- The company has a working capital deficit of $1,599,429, highlighting ongoing liquidity issues.
- Operational Losses Continue
- Despite revenue increases, net losses remain high at $3,125,469 for the period.
- Going Concern Doubts
- Management noted substantial doubt regarding the company's ability to continue as a going concern within the next 12 months.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $-0.43
- Gross margin
- 14.0%
- Segment
- Travel: $1,410,783
- Segment
- Media: $40,952
What they said about what is next.
Management expects significant funding needs to support ongoing operations.
The filing reads worse than the one before it.
What came before.
- 10-K · May 29, 2026
- NextTrip, Inc. reported significant revenue growth driven by acquisitions and increased bookings, achieving a total revenue of $3.7 million for the fiscal year ending February 28, 2026, up from $501,423 in the previous…
- 10-Q · July 15, 2025
- NextTrip reported revenue of $138,827 for the three months ended May 31, 2025, down from $188,793 a year earlier, while gross margin expanded to 28.0% from 8.1% and loss per share improved to $(0.68) from $(1.55). The…
- 10-Q · October 15, 2024
- NextTrip reported quarterly revenue of $154,498 (up from $27,663 year‑ago) but remains unprofitable with a three‑month net loss of $1,534,650 and a basic/diluted loss per share of $1.14. The company consumed operating…
- 10-Q · August 14, 2023
- Sigma Additive Solutions reported Q2 revenue of $97,043 (down from $236,660 in Q2 2022) and a net loss of $(1,308,094) for the quarter (net loss per share $(0.12)). Gross profit improved to $60,552 for the quarter and…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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