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NEXE Innovations
(OTC:NEXE)
NEXE Innovations (NEXE) vs. S&P 500 (SPY)
NEXE Innovations Business Overview & Revenue Model
NEXE Innovations Financial Statement Overview
| Breakdown | |||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 101.73K | 149.26K | 49.76K | 26.99K | 0.00 | 0.00 | Gross Profit |
| -628.50K | -206.63K | -162.19K | -29.34K | -299.03K | 0.00 | EBIT |
| -6.46M | -7.03M | -6.95M | -8.18M | -12.38M | -1.67M | EBITDA |
| -285.37K | -4.64M | -4.89M | -7.36M | -11.82M | -1.26M | Net Income Common Stockholders |
| -2.23M | -6.53M | -6.14M | -8.34M | -17.18M | -2.19M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 14.51M | 11.09M | 15.61M | 28.46M | 50.53M | 3.33M | Total Assets |
| 37.22M | 36.49M | 43.36M | 49.17M | 57.68M | 8.64M | Total Debt |
| 479.26K | 665.95K | 985.41K | 1.77M | 2.80M | 1.46M | Net Debt |
| -14.00M | -7.38M | -14.62M | -13.74M | -47.72M | -1.85M | Total Liabilities |
| 2.82M | 2.89M | 3.87M | 4.38M | 5.34M | 2.14M | Stockholders Equity |
| 34.40M | 33.60M | 39.49M | 44.79M | 52.34M | 6.50M |
| Cash Flow | Free Cash Flow | ||||
| -1.24M | -3.27M | -7.17M | -16.98M | -12.06M | -2.27M | Operating Cash Flow |
| -4.05M | -2.44M | -3.91M | -8.22M | -10.44M | -1.75M | Investing Cash Flow |
| 10.71M | -4.62M | 4.67M | -25.60M | -1.01M | -522.79K | Financing Cash Flow |
| -500.00K | -500.00K | -650.00K | -1.20M | 58.67M | 5.58M |
NEXE Innovations Technical Analysis
NEXE Innovations Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
85 Outperform | C$168.22M | 5.09 | 52.53% | ― | ― | 461.89% | |
66 Neutral | C$13.33M | ― | -5.60% | ― | -10.37% | 95.22% | |
61 Neutral | C$104.58M | 11.79 | 138.78% | ― | -47.80% | ― | |
60 Neutral | $7.23B | 11.55 | 3.67% | 4.04% | 2.96% | -13.54% | |
58 Neutral | C$239.97M | ― | -3.37% | ― | 48.80% | 50.70% | |
35 Underperform | $21.40M | ― | -6.42% | ― | -24.66% | 70.26% |
NEXE Innovations Corporate Events
NEXE Innovations has completed its fifth delivery to EKOCUPS, a U.S.-based company known for selling coffee products online, particularly through Amazon. This repeat order highlights the durability and recurring nature of NEXE’s revenues and reflects the market’s shift towards sustainable coffee solutions. NEXE’s BPI-certified compostable coffee pods are positioned as a competitive, eco-friendly alternative, offering a superior coffee experience through advanced extraction technology. The collaboration with EKOCUPS also involves developing new blends to expand product offerings for environmentally conscious consumers.
NEXE Innovations has completed its fourth delivery of over 500,000 compostable coffee pods to EKOCUPS, a major U.S.-based coffee seller. This development underscores NEXE’s growing traction in the U.S. market, with plans to expand its presence through strategic partnerships and potentially licensing its technology, aiming to capture a significant share of the rapidly growing single-serve coffee market.
NEXE Innovations has announced its fourth partnership with a North American distributor specializing in retail, office coffee services, and hospitality sectors. This collaboration marks a significant milestone for NEXE, reflecting a growing demand for sustainable single-serve coffee solutions. The partnership involves an initial order of over 150,000 compostable coffee pods across six SKUs and three brands, to be delivered in Canada and the U.S. This strategic relationship is expected to bolster NEXE’s position in the sustainable coffee market, as the company continues to refine product development and ramp up commercialization efforts.
NEXE Innovations announced its third delivery to Bridgehead Coffee, reinforcing their partnership under a two-year master manufacturing agreement. NEXE provides Bridgehead with compostable coffee pods, enhancing Bridgehead’s product offerings and supporting NEXE’s strategy to strengthen its coffee segment. This delivery positions NEXE in alignment with sustainable market trends and expands Bridgehead’s distribution, including retail locations like Farm Boy.
NEXE Innovations has announced the delivery of two new SKUs to U.S.-based EKOCUPS, aimed at expanding EKOCUPS’ premium organic coffee line. This initiative highlights NEXE’s innovative compostable coffee pods designed for premium coffee with higher volume requirements, thus reinforcing NEXE’s position in the sustainable single-serve coffee industry. The development is part of NEXE’s strategy to gain traction in the U.S. market and showcases its commitment to sustainability without compromising coffee quality.
NEXE Innovations announced its participation in the Small Cap Growth Virtual Investor Conference, showcasing its commitment to sustainability and innovation in the compostable materials industry. The company has been expanding its market presence through strategic partnerships with brands like Bridgehead Coffee and EKOCUPS, and is working on new products that target the larger Nespresso market. With a strong financial position and minimal debt, NEXE is well-positioned to grow its footprint beyond the coffee industry, leveraging its proprietary resin technology to provide cost-competitive and environmentally friendly solutions.
NEXE Innovations reported a milestone quarter with increased market demand driven by three new partnerships in the coffee industry, resulting in repeat orders and expanding market penetration. The company achieved a partial month revenue of $70,754 and anticipates higher annual revenues for 2025, despite a net loss of $1,645,655. NEXE is leveraging its proprietary compostable resin for potential expansion beyond coffee, maintaining a strong cash position and minimal debt to support growth and innovation.
NEXE Innovations has received another purchase order from U.S.-based EKOCUPS for its compostable coffee pods, indicating a growing demand for sustainable coffee solutions in the U.S. market. The company aims to strengthen its market position by offering eco-friendly products that compete on price and performance, and it sees the partnership with EKOCUPS as crucial for expanding its presence in the U.S.
NEXE Innovations announced the successful commercialization of its K-Cup compatible pods, marking a significant achievement in their sustainable product line. Despite challenges in developing these pods, NEXE’s breakthrough in proprietary resin positions them as an industry innovator, with potential impacts across various sectors seeking sustainable materials.
NEXE Innovations has received its third purchase order from Bridgehead Coffee in less than two months, emphasizing the growing demand for its BPI-certified compostable coffee pods. The collaboration under a two-year agreement with Bridgehead, a Canadian-owned coffee company, involves supplying fully compostable pods for popular coffee blends available at select retail locations and online. This partnership reflects the increasing market traction for sustainable coffee solutions and supports NEXE’s efforts to expand its operations and scale in 2025.