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NextPlat (NXPL)
NASDAQ:NXPL
Earnings Data
Report Date
May 19, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-0.08Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 24, 2025
|% Change Since: -50.00%
|Next Earnings Date:May 19, 2025
Earnings Call Sentiment|Positive
The earnings call highlights a successful year with significant achievements in mergers, acquisitions, and revenue growth, particularly in the e-Commerce segment. However, challenges remain in the healthcare segment, with decreased gross profit margins and delays in China. The overall sentiment is positive given the strong revenue performance and strategic growth initiatives.Company Guidance
During the NextPlat Corp 2024 earnings conference call, the company provided several forward-looking statements and key metrics highlighting their performance and future guidance. The company reported total revenue of approximately $65.5 million, exceeding previous estimates, largely due to the healthcare segment's outperformance in prescription fulfillment. Despite industry-wide challenges with medication price increases and payer reimbursement rates, the healthcare segment's gross profit margin decreased from 32% in 2023 to 25% in 2024. In the e-Commerce segment, gross profit slightly decreased to 25%, attributed to rising inventory costs and competitive price pressures. The company completed a merger with Progressive Care and an acquisition of Outfitter Satellite, bolstering revenues. They achieved a 66% increase in revenue from recurring revenue airtime contracts, thanks to partnerships with companies like Starlink and Iridium. Cash flow management remains a focus, with the aim to reach cash neutrality by 2026. The company ended 2024 with approximately $20 million in cash, partly reduced due to non-recurring expenses from the merger and acquisition activities. Looking forward, NextPlat aims to continue supporting organic growth across its segments and is not currently pursuing additional acquisitions. The company is optimistic about reducing operating losses in its healthcare segment by 2025 and achieving breakeven by 2026.Merger and Acquisition Success
Completed merger with Progressive Care and acquired Outfitter Satellite, expanding sales of satellite-related products in North America.
Record Revenue Achievement
Total revenue for the year was approximately $65.5 million, exceeding earlier sales guidance, primarily due to the healthcare segment's outperformance.
E-Commerce Segment Growth
66% increase in revenue from recurring airtime contracts; secured agreements with Starlink and Iridium, as well as major contracts with state governments and other organizations.
Successful Expansion in China
OPKO human healthcare products launched on JD.com, China's largest online retailer, leading to strong sales.
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NXPL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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NXPL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 24, 2025 | $1.02 | $0.93 | -8.82% |
| Nov 14, 2024 | $1.17 | $0.85 | -27.35% |
| Aug 14, 2024 | $1.00 | $0.98 | -2.00% |
| May 15, 2024 | $1.33 | $1.28 | -3.76% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does NextPlat (NXPL) report earnings?
NextPlat (NXPL) is schdueled to report earning on May 19, 2025, TBA Not Confirmed.
What is NextPlat (NXPL) earnings time?
NextPlat (NXPL) earnings time is at May 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NXPL EPS forecast?
Currently, no data Available
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