NextPlat Corp. (NXPL)

NASDAQ: NXPL · IEX Real-Time Price · USD
1.75
-0.11 (-5.91%)
May 18, 2022 4:00 PM EDT - Market closed
Market Cap16.26M
Revenue (ttm)9.86M
Net Income (ttm)-8.15M
Shares Out9.29M
EPS (ttm)-1.99
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume30,133
Open1.77
Previous Close1.86
Day's Range1.70 - 1.85
52-Week Range1.57 - 14.85
Beta2.12
Analystsn/a
Price Targetn/a
Earnings DateMay 16, 2022

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...

IndustrySoftware-Application
Founded1997
Employees3
Stock ExchangeNASDAQ
Ticker SymbolNXPL
Full Company Profile

Financial Performance

In 2021, NextPlat's revenue was $7.74 million, an increase of 36.03% compared to the previous year's $5.69 million. Losses were -$8.11 million, 193.4% more than in 2020.

Financial Statements

News

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 communicat...

2 days ago - Benzinga

NextPlat Announces 144% Increase in First Quarter 2022 Revenue as E-Commerce Demand Surges; Cash Balances Increase to...

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, 202...

Other symbols:BABA
2 days ago - Accesswire

NextPlat Announces Record Full Year 2021 Revenue Driven by Demand for Satellite Connectivity and Services and Ends Ye...

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 month 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:OS...

3 months 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 / ACC...

4 months 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"), ...

4 months 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 "Com...

6 months ago - Accesswire

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

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" or ...

7 months ago - Accesswire

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

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 "t...

8 months 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, recurri...

9 months 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"), a ...

9 months ago - Accesswire

OSAT Stock: What Are Retail Investors Saying About Orbsat Today as Shares Surge

Orbsat (OSAT) stock is surging higher on Tuesday as retail traders are hyping up the company on social media and we have all the details. The post OSAT Stock: What Are Retail Investors Saying About Orbs...

9 months ago - InvestorPlace

Why Shares Of Orbsat Are Trading Higher Today

Orbsat (NASDAQ:OSAT) shares are trading higher after the company announced its Global Telesat Communications unit was approved as a Gold-Supplier on Alibaba.com. Orbsat provides mobile satellite service...

10 months ago - Benzinga

OSAT Stock: The Big Partnership News Sending Orbsat Into Orbit

OSAT stock is seeing a huge lift today. The satellite comms company is inking a deal with Alibaba, putting it in front of many new customers.

10 months ago - InvestorPlace

Orbsat Expands Global E-Commerce Presence to 190 Countries with Launch on Alibaba.com, the World's Largest Business-t...

The Company's Global Telesat Communications Unit Approved as an Alibaba Gold Supplier as it Expands Global Sales Activities AVENTURA, FL / ACCESSWIRE / July 13, 2021 / Orbsat Corp (NASDAQ:OSAT)(NASDAQ:O...

10 months ago - Accesswire

Is Now The Time To Buy Into GameStop, Orbsat, Or Amazon?

The following three stocks are on the radar of retail investors and day traders early Wednesday. GameStop Corporation (NYSE:GME): The video games, consumer electronics, and merchandise retailer emerged ...

Other symbols:GMEAMZN
10 months ago - Benzinga

OSAT Stock: 7 Things to Know as Red-Hot Orbsat Rockets 80%

Today, OSAT stock is on the move in a big way, trading approximately 80% higher on heavy volume as retail investors pile into this trade. The post OSAT Stock: 7 Things to Know as Red-Hot Orbsat Rockets ...

10 months ago - InvestorPlace

Orbsat Corp Announces Closing of Underwriter's Over-Allotment Option

AVENTURA, FL / ACCESSWIRE / June 28, 2021 / Orbsat Corp (NASDAQ:OSAT)(NASDAQ:OSATW) ("Orbsat" or "the Company"), a global provider of communication solutions for connectivity to the world through next-g...

10 months ago - Accesswire

Orbsat Corp Appoints Charles M. Fernandez as Chief Executive Officer and Chairman; David Phipps to Serve as President...

Mr. Fernandez Brings Over 30 Years of Leadership Experience in Business, Finance, Technology and E-Commerce to Newly Expanded Board of Directors AVENTURA, FL / ACCESSWIRE / June 7, 2021 / Orbsat Corp (N...

11 months ago - Accesswire

Orbsat Corp Announces Closing of Upsized $14.4 Million Public Offering

AVENTURA, FL / ACCESSWIRE / June 2, 2021 / Orbsat Corp (NASDAQ:OSAT)(NASDAQ:OSATW) ("Orbsat" or "the Company"), a global provider of communication solutions for connectivity to the world through next-ge...

11 months ago - Accesswire

Orbsat Corp Announces Pricing of Upsized $14.4 Million Underwritten Public Offering and Uplisting to Nasdaq

AVENTURA, FL / ACCESSWIRE / May 28, 2021 / Orbsat Corp (OTCQB:OSAT) ("Orbsat" or the "Company"), a global provider of communication solutions for connectivity to the world through next-generation satell...

11 months ago - Accesswire