Free Trial
→ Ticker Revealed: Pre-IPO Access to 'Next Elon Musk' Company (From Banyan Hill Publishing) (Ad)tc pixel Free NXTT Stock Alerts

Next Technology (NXTT) Financials

Next Technology logo
$1.56 +0.01 (+0.65%)
As of 12:33 PM Eastern
This is a fair market value price provided by Massive. Learn more.
Compare
Annual Income Statements for Next Technology

Annual Income Statements for Next Technology

This table shows Next Technology's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2019 2020 2021 2022 2023 2024
Period end date 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders		 -0.42 2.68 5.18 -9.16 -9.93 35
Consolidated Net Income / (Loss)		 -0.42 2.68 5.18 -9.16 -9.93 35
Net Income / (Loss) Continuing Operations		 -0.42 2.68 5.18 -6.79 3.02 22
Total Pre-Tax Income 		-0.42 3.84 6.30 -6.79 3.15 30
Total Operating Income		 -0.42 3.75 5.99 -6.79 -1.24 -0.02
Total Gross Profit		 0.00 5.66 12 0.00 1.43 1.07
Total Revenue		 0.00 6.27 14 0.00 2.50 1.80
Operating Revenue		 0.00 6.27 14 0.00 2.50 1.80
Total Cost of Revenue		 0.00 0.62 2.68 0.00 1.07 0.73
Operating Cost of Revenue		 - 0.62 2.68 0.00 1.07 0.73
Total Operating Expenses		 0.42 1.90 5.71 6.79 2.67 1.09
Selling, General & Admin Expense		 0.42 1.90 5.71 6.79 2.67 1.09
Total Other Income / (Expense), net		 0.00 0.08 0.30 0.00 4.39 43
Other Income / (Expense), net		 - 0.08 0.30 0.00 4.39 43
Income Tax Expense		 0.00 1.16 1.12 0.00 0.13 8.23
Net Income / (Loss) Discontinued Operations		 - - - -2.37 -13 0.01
Basic Earnings per Share		 $0.00 $0.01 $0.02 ($7.50) - $3.70
Weighted Average Basic Shares Outstanding		 101.74M 304.17M 305.45M 1.21M 1.54M 5.78M
Weighted Average Diluted Shares Outstanding		 101.74M 304.17M - - 1.54M 5.78M
Weighted Average Basic & Diluted Shares Outstanding		 100.02M 304.17M - - - 436.27M

Quarterly Income Statements for Next Technology

This table shows Next Technology's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 -6.29 -1.50 -0.94 -1.21 -13 5.34 20 -6.93 1.38 21 193
Consolidated Net Income / (Loss)		 -6.29 -1.50 -0.17 -0.14 -13 3.49 20 -6.93 1.38 21 193
Net Income / (Loss) Continuing Operations		 -6.29 -0.64 -0.17 -0.14 -13 17 20 -6.93 1.37 7.55 193
Total Pre-Tax Income 		-6.29 -0.77 -0.17 -0.14 -13 17 24 -8.77 1.74 13 245
Total Operating Income		 -6.32 -0.68 -0.17 -0.14 0.99 -1.93 -0.33 -0.34 -0.57 1.23 -0.45
Total Gross Profit		 0.00 -2.82 0.00 0.00 1.23 0.20 0.00 0.00 0.00 1.07 0.00
Total Revenue		 0.00 -3.59 0.00 0.00 1.50 1.00 0.00 0.00 0.00 1.80 0.00
Operating Revenue		 0.00 -3.59 0.00 0.00 1.50 1.00 0.00 - 0.00 - 0.00
Total Cost of Revenue		 0.00 -0.77 0.00 0.00 0.27 0.80 0.00 0.00 0.00 0.73 0.00
Operating Cost of Revenue		 0.00 -0.77 0.00 0.00 0.27 0.80 0.00 0.00 0.00 0.73 0.00
Total Operating Expenses		 6.32 -2.14 0.17 0.14 0.23 2.13 0.33 0.34 0.57 -0.16 0.90
Selling, General & Admin Expense		 6.32 -2.14 0.17 0.14 0.23 2.13 0.33 0.34 0.57 -0.16 0.45
Other Operating Expenses / (Income)		 - - - - - - - - - - 0.45
Total Other Income / (Expense), net		 0.02 -0.09 0.00 0.00 -14 19 24 -8.42 2.30 25 245
Other Income / (Expense), net		 0.02 -0.09 0.00 0.00 -14 19 24 -8.42 2.30 25 245
Income Tax Expense		 0.00 -0.13 0.00 0.00 0.00 0.13 4.14 -1.84 0.36 5.57 51
Net Income / (Loss) Discontinued Operations		 0.00 -0.86 - - 0.30 - 0.00 - 0.01 - 0.00
Basic Earnings per Share		 ($0.04) ($1.24) - - - $3.46 - ($0.99) - $3.63 $1.98
Weighted Average Basic Shares Outstanding		 192.77M 1.21M 1.05M 1.05M 1.42M 1.54M 2.63M 6.98M 6.98M 5.78M 97.60M
Diluted Earnings per Share		 ($0.04) ($1.24) - - - $3.46 $0.00 - - $3.63 $1.98
Weighted Average Diluted Shares Outstanding		 192.77M 0.00 1.05M 1.05M 1.42M 1.54M 2.63M 6.98M 6.98M 5.78M 97.60M
Weighted Average Basic & Diluted Shares Outstanding		 192.77M 0.00 - 1.05M 2.63M 0.00 - 6.98M 6.98M 436.27M 436.27M

Annual Cash Flow Statements for Next Technology

This table details how cash moves in and out of Next Technology's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2020 2021 2022 2023 2024
Period end date 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Change in Cash & Equivalents		 -1.95 11 10 0.65 0.00
Net Cash From Operating Activities		 1.16 -3.75 -38 20 0.00
Net Cash From Continuing Operating Activities		 7.25 14 -8.80 -13 0.00
Net Income / (Loss) Continuing Operations		 2.68 5.18 0.00 3.02 22
Non-Cash Adjustments To Reconcile Net Income		 0.25 -0.42 0.00 -17 -30
Changes in Operating Assets and Liabilities, net		 4.31 8.99 -0.04 1.53 8.07
Net Cash From Discontinued Operating Activities		 - - -29 33 0.00
Net Cash From Investing Activities		 0.00 -1.03 0.00 -33 0.00
Net Cash From Continuing Investing Activities		 0.00 0.19 0.00 -37 0.00
Acquisitions		 - - 0.00 -25 0.00
Other Investing Activities, net		 - 0.61 - -12 0.00
Net Cash From Discontinued Investing Activities		 - - 0.00 4.50 0.00
Net Cash From Financing Activities		 -3.68 0.69 40 13 0.00
Net Cash From Continuing Financing Activities		 -3.68 -3.33 40 13 0.00
Repayment of Debt		 -1.56 0.69 - 0.44 0.00
Issuance of Common Equity		 0.84 0.00 39 13 0.00
Net Cash From Discontinued Financing Activities		 - - 0.00 0.00 0.00
Cash Interest Paid		 0.00 0.00 0.00 0.00 0.00
Cash Income Taxes Paid		 1.16 0.48 0.00 0.00 0.00

Quarterly Cash Flow Statements for Next Technology

This table details how cash moves in and out of Next Technology's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025
Net Change in Cash & Equivalents		 -5.96 11 -0.02 -0.00 1.41 -0.75 0.00 - - - 0.00
Net Cash From Operating Activities		 -46 3.00 -0.51 -0.14 22 -0.79 0.00 0.00 -0.08 0.08 0.00
Net Cash From Continuing Operating Activities		 -46 32 -0.94 -1.21 -9.73 -0.82 0.00 0.00 -0.08 0.08 0.00
Net Income / (Loss) Continuing Operations		 -6.94 6.80 -0.94 -1.21 -12 17 20 -6.93 1.37 7.55 193
Consolidated Net Income / (Loss)		 -6.94 - -0.17 -0.14 -13 - 20 -6.93 1.37 - 193
Net Income / (Loss) Discontinued Operations		 - - 0.78 1.08 - - 0.00 - - - 0.00
Non-Cash Adjustments To Reconcile Net Income		 -33 34 0.00 - 1.51 -19 -24 8.47 -2.29 -12 -246
Changes in Operating Assets and Liabilities, net		 -6.04 0.01 0.00 - 0.32 1.21 4.43 -1.54 0.83 4.34 53
Net Cash From Discontinued Operating Activities		 - - - - - 0.03 0.00 - - - 0.00
Net Cash From Investing Activities		 0.47 -0.43 0.00 - -37 4.50 0.00 - - - 0.00
Net Cash From Continuing Investing Activities		 0.47 -0.43 0.00 - -37 - 0.00 - - - 0.00
Net Cash From Discontinued Investing Activities		 - - - - - - 0.00 - - - 0.00
Net Cash From Financing Activities		 41 -1.74 0.19 0.13 17 -4.15 0.00 -0.00 0.08 -0.08 0.00
Net Cash From Continuing Financing Activities		 41 -1.74 0.19 0.13 12 0.35 0.00 -0.00 0.08 -0.08 0.00
Net Cash From Discontinued Financing Activities		 - - - - - -4.50 0.00 - - - 0.00
Cash Interest Paid		 - - 0.00 - - - 0.00 - - - 0.00
Cash Income Taxes Paid		 - - 0.00 - - - 0.00 - - - 0.00

Annual Balance Sheets for Next Technology

This table presents Next Technology's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2019 2020 2021 2022 2023 2024
Period end date 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Total Assets		 6.59 14 19 47 49 93
Total Current Assets		 6.59 10 16 47 49 93
Cash & Equivalents		 6.59 4.64 0.62 0.02 0.67 0.67
Accounts Receivable		 0.00 2.62 5.66 5.81 1.00 1.80
Prepaid Expenses		 0.00 0.06 2.76 0.05 12 12
Other Current Assets		 - 3.10 7.40 - 35 78
Plant, Property, & Equipment, net		 0.00 0.00 0.40 0.00 0.00 0.00
Total Noncurrent Assets		 0.00 3.13 2.64 0.00 0.00 0.00
Long-Term Investments		 - - - - 0.00 0.00
Total Liabilities & Shareholders' Equity		 6.59 14 19 47 49 93
Total Liabilities		 1.79 4.65 4.94 4.82 4.22 11
Total Current Liabilities		 1.79 2.18 3.00 4.82 4.22 3.05
Short-Term Debt		 - - - - 1.60 1.22
Accounts Payable		 1.75 0.42 0.06 0.00 0.80 0.73
Current Deferred & Payable Income Tax Liabilities		 - - 0.71 0.00 0.13 0.13
Other Current Liabilities		 0.00 1.49 2.01 1.27 1.69 0.97
Total Noncurrent Liabilities		 0.00 2.47 1.94 0.00 0.00 8.23
Noncurrent Deferred & Payable Income Tax Liabilities		 - - - - 0.00 8.23
Total Equity & Noncontrolling Interests		 4.80 8.89 15 42 45 82
Total Preferred & Common Equity		 4.80 8.89 15 42 45 82
Total Common Equity		 4.80 8.89 15 42 45 82
Common Stock		 0.22 6.06 6.20 44 56 72
Retained Earnings		 -0.42 2.26 7.43 -1.71 -12 9.91

Quarterly Balance Sheets for Next Technology

This table presents Next Technology's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q2 2022 Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025
Period end date 6/30/2022 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025
Total Assets		 19 46 43 42 41 73 78 79 484
Total Current Assets		 16 45 31 31 41 73 65 66 484
Cash & Equivalents		 7.15 20 20 20 1.42 0.67 0.67 0.67 0.67
Accounts Receivable		 1.22 4.99 6.72 0.29 0.13 1.13 1.13 0.21 1.44
Prepaid Expenses		 4.19 15 3.14 2.48 12 12 12 12 0.00
Other Current Assets		 0.06 2.58 0.36 0.98 28 - 51 53 482
Plant, Property, & Equipment, net		 1.00 1.14 0.84 0.74 0.00 0.00 0.00 0.00 0.00
Total Noncurrent Assets		 2.22 0.27 11 11 0.00 59 13 13 0.00
Long-Term Investments		 - - - - - - 13 13 0.00
Total Liabilities & Shareholders' Equity		 19 46 43 42 41 73 78 79 484
Total Liabilities		 4.92 4.04 3.68 3.54 2.12 8.82 5.35 5.36 63
Total Current Liabilities		 3.42 4.04 3.68 3.54 2.12 4.68 3.05 2.69 3.14
Short-Term Debt		 - - - - - - - - 2.06
Accounts Payable		 1.57 2.26 0.23 0.21 0.12 0.92 0.92 1.08 0.73
Current Deferred & Payable Income Tax Liabilities		 - 0.18 0.09 - - 0.13 0.13 0.13 0.13
Other Current Liabilities		 1.74 1.48 2.99 3.07 1.72 3.62 2.36 1.48 0.22
Total Noncurrent Liabilities		 1.50 0.00 0.00 0.00 0.00 4.14 0.00 2.67 60
Noncurrent Deferred & Payable Income Tax Liabilities		 - - - - - 4.14 - 2.67 60
Total Equity & Noncontrolling Interests		 14 42 40 39 39 64 73 74 421
Total Preferred & Common Equity		 14 42 40 39 39 64 73 74 421
Total Common Equity		 14 42 40 39 39 64 73 74 421
Common Stock		 6.20 44 44 44 56 56 72 72 218
Retained Earnings		 7.55 -1.11 -3.94 -3.92 -17 7.91 0.98 2.36 203

Annual Metrics And Ratios for Next Technology

This table displays calculated financial ratios and metrics derived from Next Technology's official financial filings.

Metric 2019 2020 2021 2022 2023 2024
Period end date 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Growth Metrics		 - - - - - -
Revenue Growth		 0.00% 0.00% 129.31% -100.00% 0.00% -28.00%
EBITDA Growth		 0.00% 1,022.19% 64.55% -207.26% 146.38% 1,270.22%
EBIT Growth		 0.00% 1,019.39% 64.11% -207.87% 146.38% 1,270.22%
NOPAT Growth		 0.00% 995.74% 88.22% -196.54% 75.06% 98.97%
Net Income Growth		 0.00% 740.87% 93.48% -276.97% -8.36% 452.08%
EPS Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Growth		 0.00% 0.00% -422.92% -907.18% 153.45% -100.00%
Free Cash Flow Firm Growth		 0.00% 0.00% -40.93% 271.51% -664.02% 20.17%
Invested Capital Growth		 0.00% 346.92% 227.11% -92.53% 4,291.69% 80.06%
Revenue Q/Q Growth		 0.00% 0.00% -1.80% -100.00% 219.59% 58.83%
EBITDA Q/Q Growth		 0.00% 0.00% -2.00% -65.52% 121.75% -1.15%
EBIT Q/Q Growth		 0.00% 0.00% -2.26% -65.52% 121.75% -1.15%
NOPAT Q/Q Growth		 0.00% 0.00% -6.06% -60.05% -14,370.05% -100.19%
Net Income Q/Q Growth		 0.00% 0.00% -22.51% -17.48% 33.45% 99.79%
EPS Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 29.05% 0.00%
Operating Cash Flow Q/Q Growth		 0.00% 0.00% -1,425.06% 10.21% -15.78% 100.00%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 0.00% 161.38% -184.80% -132.25%
Invested Capital Q/Q Growth		 0.00% 0.00% 20.63% -95.23% 20.51% 36.94%
Profitability Metrics		 - - - - - -
Gross Margin		 0.00% 90.18% 81.35% 0.00% 57.17% 59.44%
EBITDA Margin		 0.00% 61.38% 44.04% 0.00% 126.04% 2,398.54%
Operating Margin		 0.00% 59.87% 41.68% 0.00% -49.48% -0.93%
EBIT Margin		 0.00% 61.19% 43.79% 0.00% 126.04% 2,398.54%
Profit (Net Income) Margin		 0.00% 42.65% 35.99% 0.00% -397.02% 1,941.42%
Tax Burden Percent		 100.00% 69.71% 82.18% 134.82% -315.01% 117.35%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 68.97%
Effective Tax Rate		 0.00% 30.29% 17.82% 0.00% 4.14% 27.65%
Return on Invested Capital (ROIC)		 0.00% 206.83% 54.23% 0.00% -5.08% -0.02%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 205.80% 44.74% 0.00% 38.91% 4,709.48%
Return on Net Nonoperating Assets (RNNOA)		 0.00% -167.78% -10.04% 0.00% -17.89% 55.34%
Return on Equity (ROE)		 -8.69% 39.06% 44.19% -32.57% -22.97% 55.32%
Cash Return on Invested Capital (CROIC)		 0.00% -78.96% -52.11% 108.59% -196.18% -57.19%
Operating Return on Assets (OROA)		 0.00% 38.12% 38.15% 0.00% 6.60% 60.87%
Return on Assets (ROA)		 0.00% 26.57% 31.36% 0.00% -20.80% 49.27%
Return on Common Equity (ROCE)		 -8.69% 39.06% 44.19% -32.57% -22.97% 55.32%
Return on Equity Simple (ROE_SIMPLE)		 -8.69% 30.08% 35.62% -21.96% -22.20% 42.81%
Net Operating Profit after Tax (NOPAT)		 -0.29 2.62 4.93 -4.76 -1.19 -0.01
NOPAT Margin		 0.00% 41.73% 34.25% 0.00% -47.44% -0.68%
Net Nonoperating Expense Percent (NNEP)		 -1.92% 1.04% 9.49% -21.33% -43.99% -4,709.49%
Return On Investment Capital (ROIC_SIMPLE)		 -6.08% - - - -2.56% -0.01%
Cost of Revenue to Revenue		 0.00% 9.82% 18.65% 0.00% 42.83% 40.56%
SG&A Expenses to Revenue		 0.00% 30.32% 39.67% 0.00% 106.65% 60.38%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 0.00% 30.32% 39.67% 0.00% 106.65% 60.38%
Earnings before Interest and Taxes (EBIT)		 -0.42 3.84 6.30 -6.79 3.15 43
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -0.42 3.85 6.33 -6.79 3.15 43
Valuation Ratios		 - - - - - -
Price to Book Value (P/BV)		 0.00 0.00 0.00 0.00 0.13 0.17
Price to Tangible Book Value (P/TBV)		 0.00 0.00 0.00 0.00 0.13 0.17
Price to Revenue (P/Rev)		 0.00 0.00 0.00 0.00 2.37 7.83
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00 0.00 0.40
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 247.97%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.00 0.00 0.00 0.15 0.18
Enterprise Value to Revenue (EV/Rev)		 0.00 0.00 0.00 0.00 2.75 8.14
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 0.00 2.18 0.34
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 2.18 0.34
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00 0.00 0.34 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - -
Debt to Equity		 0.00 0.00 0.00 0.00 0.04 0.02
Long-Term Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage		 -1.36 -0.82 -0.22 -0.73 -0.46 0.01
Leverage Ratio		 1.37 1.47 1.41 1.17 1.10 1.12
Compound Leverage Factor		 1.37 1.47 1.41 1.17 1.10 0.77
Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 3.46% 1.47%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 3.46% 1.47%
Long-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 100.00% 100.00% 100.00% 100.00% 96.54% 98.53%
Debt to EBITDA		 0.00 0.00 0.00 0.00 0.51 0.03
Net Debt to EBITDA		 0.00 0.00 0.00 0.00 0.30 0.01
Long-Term Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT		 0.00 0.00 0.00 0.00 -1.35 -100.46
Net Debt to NOPAT		 0.00 0.00 0.00 0.00 -0.79 -45.48
Long-Term Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00
Altman Z-Score		 0.00 0.00 0.00 0.00 1.87 3.61
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - -
Current Ratio		 3.69 4.78 5.48 9.66 11.59 30.43
Quick Ratio		 3.69 3.33 2.09 1.21 0.40 0.81
Cash Flow Metrics		 - - - - - -
Free Cash Flow to Firm (FCFF)		 0.00 -3.36 -4.73 8.12 -46 -37
Operating Cash Flow to CapEx		 0.00% 0.00% -899.85% 0.00% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios		 - - - - - -
Asset Turnover		 0.00 0.62 0.87 0.00 0.05 0.03
Accounts Receivable Turnover		 0.00 0.00 3.48 0.00 0.73 1.29
Inventory Turnover		 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover		 0.00 0.00 0.00 0.00 0.00 0.00
Accounts Payable Turnover		 0.00 0.57 11.02 0.00 0.00 0.95
Days Sales Outstanding (DSO)		 0.00 0.00 104.98 0.00 496.80 283.89
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 0.00 646.05 33.13 0.00 0.00 382.50
Cash Conversion Cycle (CCC)		 0.00 -646.05 71.86 0.00 496.80 -98.61
Capital & Investment Metrics		 - - - - - -
Invested Capital		 -1.72 4.25 14 1.04 46 82
Invested Capital Turnover		 0.00 4.96 1.58 0.00 0.11 0.03
Increase / (Decrease) in Invested Capital		 0.00 5.98 9.66 -13 45 37
Enterprise Value (EV)		 0.00 0.00 0.00 0.00 6.87 15
Market Capitalization		 0.00 0.00 0.00 0.00 5.94 14
Book Value per Share		 $0.05 $0.03 $0.05 $0.21 $17.03 $14.13
Tangible Book Value per Share		 $0.05 $0.03 $0.05 $0.21 $17.03 $14.13
Total Capital		 4.80 8.89 15 42 46 83
Total Debt		 0.00 0.00 0.00 0.00 1.60 1.22
Total Long-Term Debt		 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt		 -6.59 -4.64 -0.62 -0.02 0.93 0.55
Capital Expenditures (CapEx)		 0.00 0.00 0.42 0.00 0.00 0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -1.79 3.60 13 42 46 90
Debt-free Net Working Capital (DFNWC)		 4.80 8.24 13 42 46 91
Net Working Capital (NWC)		 4.80 8.24 13 42 45 90
Net Nonoperating Expense (NNE)		 0.13 -0.06 -0.25 4.40 8.74 -35
Net Nonoperating Obligations (NNO)		 -6.53 -4.64 -0.62 -41 0.93 0.55
Total Depreciation and Amortization (D&A)		 0.00 0.01 0.04 0.00 0.00 0.00
Debt-free, Cash-free Net Working Capital to Revenue		 0.00% 57.37% 89.15% 0.00% 1,825.60% 5,023.08%
Debt-free Net Working Capital to Revenue		 0.00% 131.36% 93.44% 0.00% 1,852.34% 5,060.22%
Net Working Capital to Revenue		 0.00% 131.36% 93.44% 0.00% 1,788.34% 4,992.36%
Earnings Adjustments		 - - - - - -
Adjusted Basic Earnings per Share		 $0.00 $1.85 $3.70 ($0.04) $0.00 $3.70
Adjusted Weighted Average Basic Shares Outstanding		 101.74M 1.65M 1.65M 223.26M 0.00 5.78M
Adjusted Diluted Earnings per Share		 $0.00 $1.85 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Diluted Shares Outstanding		 101.74M 1.65M 0.00 0.00 0.00 5.78M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $1.85 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 100.02M 1.64M 0.00 0.00 0.00 436.27M
Normalized Net Operating Profit after Tax (NOPAT)		 -0.29 2.62 4.93 -4.76 -1.19 -0.01
Normalized NOPAT Margin		 0.00% 41.73% 34.25% 0.00% -47.44% -0.68%
Pre Tax Income Margin		 0.00% 61.19% 43.79% 0.00% 126.04% 1,654.32%
Debt Service Ratios		 - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios		 - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Quarterly Metrics And Ratios for Next Technology

This table displays calculated financial ratios and metrics derived from Next Technology's official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -100.00% -215.12% -100.00% -100.00% 0.00% 127.85% 0.00% 0.00% -100.00% 80.00% 0.00%
EBITDA Growth		 -515.18% -139.87% -122.58% 68.52% -113.09% 2,277.38% 14,345.32% -6,324.84% 112.95% 57.22% 933.64%
EBIT Growth		 -515.62% -140.46% -123.03% 69.49% -113.09% 2,277.38% 14,345.32% -6,324.84% 112.95% 57.22% 933.64%
NOPAT Growth		 -384.74% -146.37% -121.06% 71.08% 115.74% -302.23% -134.02% -152.78% -164.35% 136.85% -30.46%
Net Income Growth		 -323.15% -980.36% 77.64% 77.99% -108.30% 332.30% 11,854.11% -4,975.62% 110.51% 500.57% 889.64%
EPS Growth		 -323.15% 0.00% 0.00% 0.00% 0.00% 379.03% 0.00% 0.00% 0.00% 4.91% 0.00%
Operating Cash Flow Growth		 -2,316.95% 330.19% -108.24% 84.20% 146.90% -126.29% 100.00% 100.00% -100.37% 110.32% 0.00%
Free Cash Flow Firm Growth		 -52.29% 243.60% -6,451.57% -1,130.09% -4.86% -475.19% -272.12% -244.15% -46.77% 22.96% -707.64%
Invested Capital Growth		 88.92% -92.53% 156.63% 178.21% 73.82% 4,291.69% 227.94% 220.91% 58.46% 80.06% 564.27%
Revenue Q/Q Growth		 -100.00% 0.00% 100.00% 0.00% 0.00% -33.33% -100.00% 0.00% 0.00% 0.00% -100.00%
EBITDA Q/Q Growth		 -1,351.66% 87.69% 78.53% 17.93% -9,727.13% 225.75% 40.46% -137.02% 119.81% 1,426.73% 823.44%
EBIT Q/Q Growth		 -1,307.20% 87.69% 78.53% 17.93% -9,727.13% 225.75% 40.46% -137.02% 119.81% 1,426.73% 823.44%
NOPAT Q/Q Growth		 -1,238.33% 89.24% 75.53% 17.93% 828.56% -374.95% 85.77% 11.35% -85.47% 257.46% -150.39%
Net Income Q/Q Growth		 -915.01% 76.14% 88.92% 17.93% -9,506.29% 126.60% 460.39% -135.44% 119.90% 1,419.76% 823.44%
EPS Q/Q Growth		 0.00% 76.14% 0.00% 0.00% 0.00% 0.00% -100.00% 0.00% 0.00% 0.00% -45.45%
Operating Cash Flow Q/Q Growth		 -5,241.15% 106.50% -117.07% 73.33% 15,957.77% -103.64% 100.00% 100.19% -8,080,400.00% 200.65% -100.00%
Free Cash Flow Firm Q/Q Growth		 -1,340.59% 184.48% -196.40% -1.96% -26.29% -202.26% 4.39% 5.70% 46.14% -58.66% -902.31%
Invested Capital Q/Q Growth		 221.15% -95.23% 1,765.91% -2.66% 100.66% 20.51% 39.33% -4.75% -0.92% 36.94% 414.01%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 0.00% 0.00% 0.00% 0.00% 81.94% 20.00% 0.00% 0.00% 0.00% 59.44% 0.00%
EBITDA Margin		 0.00% 0.00% 0.00% 0.00% -894.14% 1,686.57% 0.00% 0.00% 0.00% 1,473.13% 0.00%
Operating Margin		 0.00% 0.00% 0.00% 0.00% 66.29% -192.87% 0.00% 0.00% 0.00% 68.07% 0.00%
EBIT Margin		 0.00% 0.00% 0.00% 0.00% -894.14% 1,686.57% 0.00% 0.00% 0.00% 1,473.13% 0.00%
Profit (Net Income) Margin		 0.00% 0.00% 0.00% 0.00% -874.04% 348.80% 0.00% 0.00% 0.00% 1,163.77% 0.00%
Tax Burden Percent		 100.00% 193.84% 100.00% 100.00% 97.75% 20.68% 82.51% 79.00% 79.36% 159.66% 79.00%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 49.48% 100.00%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00% 0.00% 0.77% 17.49% 0.00% 21.00% 42.44% 21.00%
Return on Invested Capital (ROIC)		 0.00% 0.00% 0.00% 0.00% 0.00% -20.50% 0.00% 0.00% 0.00% 1.10% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% -47.69% 0.00% 0.00% 0.00% 2,728.18% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 0.00% 0.00% 0.00% 0.00% 0.00% 21.93% 0.00% 0.00% 0.00% 32.06% 0.00%
Return on Equity (ROE)		 0.00% -32.57% -31.41% -30.67% -36.67% 1.43% 0.00% 0.00% 0.00% 33.16% 0.00%
Cash Return on Invested Capital (CROIC)		 -79.39% 108.59% -127.50% -134.06% -53.89% -196.18% -109.37% -86.31% -32.16% -57.19% -147.71%
Operating Return on Assets (OROA)		 0.00% 0.00% 0.00% 0.00% 0.00% 88.34% 0.00% 0.00% 0.00% 37.39% 0.00%
Return on Assets (ROA)		 0.00% 0.00% 0.00% 0.00% 0.00% 18.27% 0.00% 0.00% 0.00% 29.54% 0.00%
Return on Common Equity (ROCE)		 0.00% -32.57% -31.41% -30.67% -36.67% 1.43% 0.00% 0.00% 0.00% 33.16% 0.00%
Return on Equity Simple (ROE_SIMPLE)		 -18.54% 0.00% -21.72% -20.83% -37.96% 0.00% 15.23% 4.13% 23.61% 0.00% 49.60%
Net Operating Profit after Tax (NOPAT)		 -4.42 -0.48 -0.12 -0.10 0.70 -1.91 -0.27 -0.24 -0.45 0.71 -0.36
NOPAT Margin		 0.00% 0.00% 0.00% 0.00% 46.40% -191.38% 0.00% 0.00% 0.00% 39.18% 0.00%
Net Nonoperating Expense Percent (NNEP)		 -17.30% -4.97% -0.36% -0.30% -127.38% 27.19% 190.62% -41.61% 23.59% -2,727.08% -53,429.89%
Return On Investment Capital (ROIC_SIMPLE)		 - - -0.29% -0.25% 1.77% -4.13% -0.42% -0.33% -0.60% 0.85% -0.08%
Cost of Revenue to Revenue		 0.00% 0.00% 0.00% 0.00% 18.06% 80.00% 0.00% 0.00% 0.00% 40.56% 0.00%
SG&A Expenses to Revenue		 0.00% 0.00% 0.00% 0.00% 15.65% 212.87% 0.00% 0.00% 0.00% -8.63% 0.00%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 0.00% 0.00% 0.00% 0.00% 15.65% 212.87% 0.00% 0.00% 0.00% -8.63% 0.00%
Earnings before Interest and Taxes (EBIT)		 -6.29 -0.77 -0.17 -0.14 -13 17 24 -8.77 1.74 27 245
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -6.29 -0.77 -0.17 -0.14 -13 17 24 -8.77 1.74 27 245
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 686.95 0.00 1.27 0.25 0.48 0.13 0.20 0.44 0.11 0.17 0.07
Price to Tangible Book Value (P/TBV)		 687.42 0.00 1.27 0.25 0.48 0.13 0.20 0.44 0.11 0.17 0.07
Price to Revenue (P/Rev)		 4,305.48 0.00 0.00 0.00 0.00 2.37 5.04 12.03 7.51 7.83 16.74
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00 0.00 0.00 1.19 6.53 0.44 0.40 0.14
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 83.83% 15.33% 227.29% 247.97% 693.12%
Enterprise Value to Invested Capital (EV/IC)		 1,324.86 0.00 1.55 0.00 0.47 0.15 0.19 0.29 0.00 0.18 0.07
Enterprise Value to Revenue (EV/Rev)		 4,302.46 0.00 0.00 0.00 0.00 2.75 4.77 6.69 0.00 8.14 17.51
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 0.00 0.00 0.00 2.18 0.44 0.62 0.00 0.34 0.12
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 0.00 2.18 0.44 0.62 0.00 0.34 0.12
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 2,119.14 0.00 0.00 2.38 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00 0.00 0.73 0.34 0.58 0.86 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.04 0.00 0.00 0.00 0.02 0.00
Long-Term Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage		 -0.39 -0.73 -0.51 -0.51 -0.27 -0.46 -0.20 -0.29 -0.14 0.01 0.00
Leverage Ratio		 1.16 1.17 1.16 1.16 1.08 1.10 1.12 1.08 1.07 1.12 1.15
Compound Leverage Factor		 1.16 1.17 1.16 1.16 1.08 1.10 1.12 1.08 1.07 0.56 1.15
Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 3.46% 0.00% 0.00% 0.00% 1.47% 0.49%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 3.46% 0.00% 0.00% 0.00% 1.47% 0.49%
Long-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 100.00% 100.00% 100.00% 100.00% 100.00% 96.54% 100.00% 100.00% 100.00% 98.53% 99.51%
Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.51 0.00 0.00 0.00 0.03 0.01
Net Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.30 0.00 0.00 0.00 0.01 0.01
Long-Term Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 -1.35 0.00 0.00 0.00 -100.46 -19.40
Net Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 -0.79 0.00 0.00 0.00 -45.48 -13.11
Long-Term Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Altman Z-Score		 4,286.42 0.00 8.74 2.20 4.83 2.80 3.24 4.18 2.04 3.02 3.74
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 11.05 9.66 8.50 8.68 19.55 11.59 15.62 21.21 24.54 30.43 153.91
Quick Ratio		 6.70 1.21 7.55 7.77 0.73 0.40 0.38 0.59 0.33 0.81 0.67
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -15 12 -12 -12 -15 -47 -44 -42 -23 -36 -359
Operating Cash Flow to CapEx		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.21 0.00 0.00 0.00 0.00 0.05 0.04 0.04 0.02 0.03 0.01
Accounts Receivable Turnover		 2.67 0.00 0.00 0.00 0.00 0.73 0.64 3.71 6.74 1.29 1.40
Inventory Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover		 10.54 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Accounts Payable Turnover		 0.64 0.00 0.00 0.00 0.00 0.00 1.86 2.11 1.54 0.95 0.88
Days Sales Outstanding (DSO)		 136.82 0.00 0.00 0.00 0.00 496.80 572.90 98.27 54.19 283.89 260.64
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 570.29 0.00 0.00 0.00 0.00 0.00 196.65 173.24 237.34 382.50 413.53
Cash Conversion Cycle (CCC)		 -433.46 0.00 0.00 0.00 0.00 496.80 376.25 -74.97 -183.15 -98.61 -152.90
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 22 1.04 19 19 38 46 64 61 60 82 422
Invested Capital Turnover		 0.40 0.00 0.00 0.00 0.00 0.11 0.06 0.07 0.02 0.03 0.01
Increase / (Decrease) in Invested Capital		 10 -13 12 12 16 45 44 42 22 37 359
Enterprise Value (EV)		 28,866 0.00 30 -10 18 6.87 12 18 -5.55 15 32
Market Capitalization		 28,886 0.00 50 9.80 19 5.94 13 32 8.51 14 30
Book Value per Share		 $0.22 $0.21 $0.20 $0.20 $37.26 $17.03 $24.48 $10.42 $10.62 $14.13 $4.31
Tangible Book Value per Share		 $0.22 $0.21 $0.20 $0.20 $37.26 $17.03 $24.48 $10.42 $10.62 $14.13 $4.31
Total Capital		 42 42 40 39 39 46 64 73 74 83 423
Total Debt		 0.00 0.00 0.00 0.00 0.00 1.60 0.00 0.00 0.00 1.22 2.06
Total Long-Term Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt		 -20 -0.02 -20 -20 -1.42 0.93 -0.67 -14 -14 0.55 1.39
Capital Expenditures (CapEx)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 20 42 7.51 7.19 38 46 68 61 63 90 482
Debt-free Net Working Capital (DFNWC)		 41 42 28 27 39 46 68 62 63 91 483
Net Working Capital (NWC)		 41 42 28 27 39 45 68 62 63 90 481
Net Nonoperating Expense (NNE)		 1.87 1.03 0.05 0.04 14 -5.40 -20 6.69 -1.83 -20 -194
Net Nonoperating Obligations (NNO)		 -20 -41 -20 -20 -1.42 0.93 -0.67 -12 -14 0.55 1.39
Total Depreciation and Amortization (D&A)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt-free, Cash-free Net Working Capital to Revenue		 303.78% 0.00% 0.00% 0.00% 0.00% 1,825.60% 2,709.39% 2,314.21% 5,530.52% 5,023.08% 26,781.99%
Debt-free Net Working Capital to Revenue		 605.78% 0.00% 0.00% 0.00% 0.00% 1,852.34% 2,736.13% 2,339.60% 5,589.50% 5,060.22% 26,819.12%
Net Working Capital to Revenue		 605.78% 0.00% 0.00% 0.00% 0.00% 1,788.34% 2,736.13% 2,339.60% 5,589.50% 4,992.36% 26,704.56%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 ($9.25) ($1.24) ($0.01) $0.00 $0.00 $3.46 $0.00 ($0.99) $0.00 $3.63 $1.98
Adjusted Weighted Average Basic Shares Outstanding		 1.05M 1.21M 195.06M 149.77M 0.00 1.54M 0.00 6.98M 6.98M 5.78M 97.60M
Adjusted Diluted Earnings per Share		 ($9.25) ($1.24) $0.00 $0.00 $0.00 $3.46 $0.00 $0.00 $0.00 $3.63 $1.98
Adjusted Weighted Average Diluted Shares Outstanding		 1.05M 0.00 0.00 1.05M 0.00 1.54M 0.00 6.98M 6.98M 5.78M 97.60M
Adjusted Basic & Diluted Earnings per Share		 ($9.25) ($1.24) $0.00 $0.00 $0.00 $3.46 $0.00 $0.00 $0.00 $3.63 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 1.04M 0.00 0.00 1.05M 0.00 0.00 0.00 6.98M 6.98M 436.27M 436.27M
Normalized Net Operating Profit after Tax (NOPAT)		 -4.42 -0.48 -0.12 -0.10 0.70 -1.91 -0.27 -0.24 -0.45 0.71 -0.36
Normalized NOPAT Margin		 0.00% 0.00% 0.00% 0.00% 46.40% -191.38% 0.00% 0.00% 0.00% 39.18% 0.00%
Pre Tax Income Margin		 0.00% 0.00% 0.00% 0.00% -894.14% 1,686.57% 0.00% 0.00% 0.00% 728.91% 0.00%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Financials Breakdown Chart

Key Financial Trends

Next Technology Holding Inc. (NASDAQ: NXTT) shows a very unusual financial profile over the last several years. The company has moved from a smaller, loss-making business in 2022–2023 to reporting very large profits in 2024–2025, but most of the recent earnings appear to be driven by other income rather than core operations. Revenue has also been inconsistent, with several quarters showing no revenue at all.

From a balance sheet standpoint, NXTT ended Q1 2025 with $483.8 million in total assets and $421.0 million in equity, versus just $62.8 million in liabilities. That looks strong on paper, but the asset mix is important: the company reported $481.7 million in other current assets, which is overwhelmingly the main asset line and suggests the balance sheet may be heavily concentrated in one non-cash category.

  • Equity remains very large: Total common equity was $421.0 million in Q1 2025, leaving the company with a large accounting cushion over liabilities.
  • Recent quarters turned profitable: NXTT reported net income of $193.4 million in Q1 2025 and $20.9 million in Q4 2024, a dramatic improvement from prior loss-making periods.
  • Losses were far smaller in 2024 than in 2022–2023: The company went from multi-million-dollar quarterly losses in 2022–2023 to positive earnings in late 2024 and early 2025.
  • Debt levels are relatively modest: Total liabilities were $62.8 million in Q1 2025, which is low compared with the company’s equity base and total assets.
  • Operating cash flow was positive in Q1 2025 on a reconciliation basis: Net income was supported by working-capital changes, even though the cash flow statement presentation itself was sparse.
  • Revenue remains inconsistent: The company reported zero revenue in Q1 2025 and Q1 2024, while Q4 2024 showed $1.8 million and Q3 2023 showed $1.5 million. That makes the operating model hard to predict.
  • Earnings are dominated by non-operating items: In Q1 2025, other income was $245.3 million versus operating loss of $449,858. This suggests the bottom line is not being driven by recurring business activity.
  • Cash is limited: Cash and equivalents were only $668,387 in Q1 2025, which is small relative to the size of the balance sheet.
  • Share count data has been highly irregular: The reported weighted-average share counts vary sharply across periods, which can make per-share trend analysis less reliable.
  • Core operations are still weak: Q1 2025 operating income was a loss of $449,858, and multiple recent quarters have shown no revenue at all.
  • Profitability appears dependent on one-time or non-core gains: The jump to $193.4 million in Q1 2025 net income came mostly from other income, not from sales growth or margin improvement.
  • Balance sheet quality may be a concern: Nearly all current assets in Q1 2025 were classified as other current assets, which may be less liquid and less transparent than cash or receivables.
  • Operating cash flow has been volatile historically: NXTT has posted several quarters of negative or near-zero operating cash flow, including Q3 2024 and several 2023 periods.

Bottom line: NXTT’s recent financial statements look much better on the surface, but the improvement appears to be driven primarily by non-operating income and balance sheet items rather than stable business growth. For retail investors, the key question is whether the company can convert its large reported profits into recurring revenue and sustainable operating cash flow. Until that happens, the stock likely remains highly speculative.

06/09/26 12:37 PM ETAI Generated. May Contain Errors.

Next Technology Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Next Technology's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

Next Technology's net income appears to be on an upward trend, with a most recent value of $34.95 million in 2024, falling from -$417.41 thousand in 2019. The previous period was -$9.93 million in 2023. See Next Technology's forecast for analyst expectations on what's next for the company.

Next Technology's total operating income in 2024 was -$16.80 thousand, based on the following breakdown:
  • Total Gross Profit: $1.07 million
  • Total Operating Expenses: $1.09 million

Over the last 5 years, Next Technology's total revenue changed from $0.00 in 2019 to $1.80 million in 2024, a change of 180,000,000.0%.

Next Technology's total liabilities were at $11.29 million at the end of 2024, a 167.3% increase from 2023, and a 531.9% increase since 2019.

In the past 5 years, Next Technology's cash and equivalents has ranged from $22.93 thousand in 2022 to $6.59 million in 2019, and is currently $668.39 thousand as of their latest financial filing in 2024.

Over the last 5 years, Next Technology's book value per share changed from 0.05 in 2019 to 14.13 in 2024, a change of 29,344.0%.


Related Companies

Financial statements for NASDAQ:NXTT last updated on 6/20/2025 by MarketBeat.com Staff. New filings and market data are monitored continuously.
From Our Partners
June 12: $100 Turns Into $100,000?
The SpaceX IPO is scheduled for June 12, and former tech executive Jeff Brown - who identified Bitcoin, Tesla,...
Brownstone Research | Sponsoredtc pixel
$30 stock to buy before Starlink goes public (WATCH NOW!)
In the next 3 minutes… James Altucher – legendary investor and venture capitalist… And someone who’s kno...
Paradigm Press | Sponsoredtc pixel
Louis Navellier: My #1 AI stock for 2026 (name & ticker inside)
Louis Navellier's Stock Grader system helped him flag Nvidia before its 82,000% run and has identified the top...
InvestorPlace | Sponsoredtc pixel
Your book attached
Your Download Link (Expiring) If you still haven't downloaded the free Simple Options Trading For Beginners...
Profits Run | Sponsoredtc pixel
SpaceX just filed. The clock is ticking.
Reuters reports Elon Musk filed secretly. Barron's says it's being finalized behind closed doors. CNBC just re...
The Oxford Club | Sponsoredtc pixel
My feud with Zohran Mamdani
Emmy-winning analyst releases his next big story Whitney Tilson shocked the nation on 60 Minutes when he ac...
Stansberry Research | Sponsoredtc pixel
SpaceX will mint billionaires. You won't be one of them.
By the time a company goes public, 95% of profits have already been made. Insiders bought SpaceX at $20 billio...
Behind the Markets | Sponsoredtc pixel
Hey, it's Jon Najarian. The SpaceX IPO is right around the corner. But I discovered Elon may have something BIGGER planned. Check this out before June 9th...
After being invited to the SpaceX launch headquarters in Cape Canaveral from one of Elon's top lobbyists… Hall...
Banyan Hill Publishing | Sponsoredtc pixel