NextPlat Corp (NXPL)

NASDAQ: NXPL · IEX Real-Time Price · USD
2.52
+0.13 (5.44%)
Jun 8, 2023, 3:59 PM EDT - Market closed
5.44%
Market Cap 46.41M
Revenue (ttm) 11.01M
Net Income (ttm) -9.50M
Shares Out 18.49M
EPS (ttm) -0.93
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 33,233
Open 2.36
Previous Close 2.39
Day's Range 2.36 - 2.72
52-Week Range 1.21 - 4.26
Beta 1.75
Analysts n/a
Price Target n/a
Earnings Date May 15, 2023

About NXPL

NextPlat Corp, together with its subsidiaries, provides mobile satellite services (MSS) solutions for satellite-enabled voice, data, personnel and asset tracking, machine-to-machine, and Internet of Things (IoT) connectivity services in the United States and internationally. It offers satellite communications products, which enable users to make voice calls, send and receive text messages and emails, and transmit GPS location coordinates virtually; GPS enabled emergency locator distress beacons that enables essential communication between custo... [Read more]

Sector Technology
Founded 1997
Employees 18
Stock Exchange NASDAQ
Ticker Symbol NXPL
Full Company Profile

Financial Performance

In 2022, NextPlat's revenue was $11.71 million, an increase of 51.30% compared to the previous year's $7.74 million. Losses were -$9.16 million, 13.0% more than in 2021.

Financial Statements

News

NextPlat Announces First Quarter 2023 Results

New Offerings Including Healthcare and Alibaba Tmall Global Partnership for Sales in China to Drive Future Growth COCONUT GROVE, FL / ACCESSWIRE / May 15, 2023 / NextPlat Corp (NASDAQ:NXPL, NXPLW) ("N...

3 weeks ago - Accesswire

NextPlat Strengthens Ties to Progressive Care Inc. Investing an additional $1 Million; and Explores the Possible Spinoff of its Global Telesat and Orbital Satcom Business Units

COCONUT GROVE, FL / ACCESSWIRE / May 11, 2023 / NextPlat Corp (NASDAQ:NXPL)( NASDAQ:NXPLW) ("NextPlat" or the "Company"), a global e-commerce provider today announced that it has completed an addition...

1 month ago - Accesswire

NextPlat Signs Merchant Sourcing Agreement with Alibaba Group Launches New E-Commerce Program to Provide American Businesses Easy Access to Chinese Consumer Market

Program to Leverage NextPlat's Global Capabilities and Partnership and Feature Alibaba's Tmall Global to Help Businesses Reach Millions of New Potential International Customers in China COCONUT GROVE,...

1 month ago - Accesswire
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NextPlat Announces Completion of $6.0M Private Offering of Common Stock Priced Above Market

COCONUT GROVE, FL / ACCESSWIRE / April 13, 2023 / NextPlat Corp (NASDAQ:NXPL)(NASDAQ:NXPLW) ("NextPlat" or the "Company"), a global e-commerce provider today announced that on April 11, 2023, the Comp...

2 months ago - Accesswire

NextPlat Announces $6.0M Private Offering of Common Stock Priced At Market

COCONUT GROVE, FL / ACCESSWIRE / April 6, 2023 / NextPlat Corp (NASDAQ:NXPL)(NASDAQ:NXPLW) ("NextPlat" or the "Company"), a global e-commerce provider today announced that it executed a binding Securi...

2 months ago - Accesswire

NextPlat Launches New E-Commerce Development Program Enabling Florida-Based Businesses to Quickly Access Global International Markets in Asia

Program to Leverage NextPlat's Global Capabilities and Partnerships to Help Businesses Reach Millions of New Potential International Customers COCONUT GROVE, FL / ACCESSWIRE / April 4, 2023 / NextPlat...

2 months ago - Accesswire

NextPlat Announces Record Full Year 2022 Revenue as Sales Increase Over 51%

Company Makes Strategic Investment into High-Growth Healthcare Markets Supported by Expanded Management Team and Technology Infrastructure COCONUT GROVE, FL / ACCESSWIRE / March 31, 2023 / NextPlat Co...

2 months ago - Accesswire

NextPlat Announces 2023 Annual Meeting to be Held on Wednesday, May 31, 2023

COCONUT GROVE, FL / ACCESSWIRE / January 27, 2023 / NextPlat Corp (NASDAQ:NXPL, NXPLW) ("NextPlat" or the "Company"), a global e-commerce provider today announced that its 2023 Annual Meeting of Stock...

4 months ago - Accesswire
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NextPlat Announces Completion of $8.0M Private Offering of Common Stock and Warrants Priced Above Market

COCONUT GROVE, FL / ACCESSWIRE / December 14, 2022 / NextPlat Corp (NASDAQ:NXPL)(NXPLW) ("NextPlat" or the "Company"), a global e-commerce provider today announced that on December 14, 2022, the Compa...

6 months ago - Accesswire

NextPlat Announces $8.0M Private Offering of Common Stock and Warrants Priced Above Market

COCONUT GROVE, FL / ACCESSWIRE / December 12, 2022 / NextPlat Corp (NASDAQ:NXPL, NXPLW) ("NextPlat" or the "Company"), a global e-commerce provider today announced that it executed a binding Securitie...

6 months ago - Accesswire

NextPlat Expands Executive Leadership Team with the Hiring of Cecile Munnik, CPA/CA, as Chief Financial Officer and Robert Bedwell as Chief Compliance Officer

COCONUT GROVE, FL / ACCESSWIRE / December 5, 2022 / NextPlat Corp (NASDAQ:NXPL, NXPLW) ("NextPlat" or the "Company"), a global e-commerce provider today announced that it has expanded its executive le...

6 months ago - Accesswire

NextPlat Announces Record Third Quarter 2022 Revenue, Sixth Consecutive Quarter of Record Revenue

Strategic Investment into Progressive Care Expands NextPlat's Future Global E-Commerce Offerings into Healthcare Markets COCONUT GROVE, FL / ACCESSWIRE / November 14, 2022 / NextPlat Corp (NASDAQ:NXPL...

7 months ago - Accesswire

NextPlat Invests $7 Million in Recapitalization of Progressive Care Inc.

Investment to Accelerate Progressive's Digital Healthcare Transformation and Launch of Global E-Commerce Platform for New Healthcare Products for Domestic and International Markets COCONUT GROVE, FL /...

10 months ago - Accesswire
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NextPlat Announces Record Second Quarter 2022 Revenue Driven by Global E-commerce Demand

Company Prepares for New Global E-Commerce Infrastructure with Upgraded Websites, Global Marketplace Expansion and Development of NextPlat Digital NFT Platform COCONUT GROVE, FL / ACCESSWIRE / August ...

10 months ago - Accesswire

Why NextPlat Are Trading Higher After Hours

NextPlat Corp (NASDAQ: NXLP) reported a first-quarter net sales increase of 144% year-over-year to $3.58 million, driven by continued strong global demand for satellite-based connectivity and communic...

1 year ago - Benzinga

NextPlat Announces 144% Increase in First Quarter 2022 Revenue as E-Commerce Demand Surges; Cash Balances Increase to Approximately $22M or $2.36 Per Share

Company Expands E-Commerce Footprint with Alibaba.com Storefront as Demand for Essential Communications Equipment and Airtime Services Drives Record Revenues COCONUT GROVE, FL / ACCESSWIRE / May 16, 2...

Other symbols: BABA
1 year ago - Accesswire

NextPlat Announces Record Full Year 2021 Revenue Driven by Demand for Satellite Connectivity and Services and Ends Year with $17.3M or $2.45 Per Share in Cash

E-Commerce Sales Reflect All-Time High Demand for Critical Communications Products and Services as Company Transitions to its Next Generation Digital Platform COCONUT GROVE, FL / ACCESSWIRE / March 31...

1 year ago - Accesswire

Orbsat Corp Initiates Transition to NextPlat Effective January 21, 2022

Corporate Name Change Reflects Strategic Focus on Launch of New and Expanded Global eCommerce Platforms for Digital and Physical Assets MIAMI, FL / ACCESSWIRE / January 20, 2022 / Orbsat Corp (NASDAQ:...

1 year ago - Accesswire

Orbsat Appoints Rodney Barreto to Board of Directors

Barreto Brings Decades of Public Affairs, Consulting, and Business Development Expertise to Orbsat as it Accelerates its Transition into NextPlat, a Global E-Commerce Platform Company AVENTURA, FL / A...

1 year ago - Accesswire

Orbsat Announces $7.2M Private Offering of Common Stock & Initial Transition to NextPlat

Over 73% of Financing Secured From Senior Management, Board Members and Existing Shareholders AVENTURA, FL / ACCESSWIRE / January 3, 2022 / Orbsat Corp (NASDAQ:OSAT, OSATW) ("Orbsat" or the "Company")...

1 year ago - Accesswire

Orbsat Corp Reports Record Third Quarter 2021 Financial Results

Company Reports Second Consecutive Quarter of Record Revenues Driven by 52.2% Increase in Net Sales AVENTURA, FL / ACCESSWIRE / November 15, 2021 / Orbsat Corp (NASDAQ:OSAT, OSATW) ("Orbsat" or the "C...

1 year ago - Accesswire

Orbsat Corp Expands the Role of its Executive Vice President, Paul R. Thomson, with Appointment as Chief Financial Officer

Company Names Andrew Cohen as New Senior Vice President of Operations to Support E-Commerce Expansion Program AVENTURA, FL / ACCESSWIRE / October 7, 2021 / Orbsat Corp (NASDAQ:OSAT, OSATW) ("Orbsat" o...

1 year ago - Accesswire

Orbsat Corp Expands Focus on E-Commerce with Appointments of Douglas S. Ellenoff as Vice Chairman and Chief Business Development Strategist and Paul R.

Latest Additions to the Management Team Bring Extensive Banking, Finance, and M&A Experience to the Company AVENTURA, FL / ACCESSWIRE / August 25, 2021 / Orbsat Corp (NASDAQ:OSAT, OSATW) ("Orbsat" or ...

1 year ago - Accesswire

Orbsat Clocks 60% Revenue Growth In Q2, Expands Margin

Orbsat Corp (NASDAQ: OSAT) reported second-quarter FY21 net sales growth of 60% year-on-year to $1.96 million. An overall global increase in e-commerce demand for satellite-based communications, recur...

1 year ago - Benzinga

Orbsat Corp Reports Record Second Quarter 2021 Financial Results

Strong Global E-Commerce Growth Drives Quarterly Net Sales Increase of 60% to Record Levels AVENTURA, FL / ACCESSWIRE / August 17, 2021 / Orbsat Corp (NASDAQ:OSAT, OSATW) ("Orbsat" or the "Company"), ...

1 year ago - Accesswire