NextPlat is a global e-commerce platform company created to capitalize on multiple high-growth sectors and markets for physical and digital assets. The Company intends to collaborate with businesses, optimizing their ability to sell their goods online, domestically, and internationally, and enabling customers and partners to optimize their e-commerce presence and revenue. NextPlat currently operates an e-commerce communications services division through its Global Telesat Communications Ltd and Orbital Satcom Corp business units that offer voice, data, tracking, and IoT services to customers worldwide through multiple global storefronts.
Company profile
Ticker
NXPL
Exchange
Website
CEO
David Phipps
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
ADVANCED 3-D ULTRASOUND SERVICES INC, ECLIPS ENERGY TECHNOLOGIES, INC., ECLIPS MEDIA TECHNOLOGIES, INC., Great West Resources, Inc., Orbital Tracking Corp., ORBSAT CORP, SILVER HORN MINING LTD., SWIFTY CARWASH & QUIK LUBE INC, WORLD ENERGY SOLUTIONS, INC., YSEEK INC
SEC CIK
Corporate docs
Subsidiaries
Orbital Satcom Corp. • Global Telesat Communications Limited • NextPlat B.V. • Progressive Care Inc. • Pharmco, LLC • Touchpoint RX, LLC • Family Physicians RX, Inc. • ClearMetrX, Inc. ...
IRS number
650783722
NXPL stock data
Latest filings (excl ownership)
425
Business combination disclosure
17 Apr 24
8-K
Transaction Expected to Provide Revenue Synergies and Significant Initial Annual Operating Cost Reductions
17 Apr 24
8-K
NextPlat Reports Consolidated Year-End 2023 Results with Increased Revenues of $37.8 Million, Record Annual Margins of 30% and $26.3 Million in Cash
11 Apr 24
10-K
2023 FY
Annual report
11 Apr 24
8-K
Entry into a Material Definitive Agreement
29 Mar 24
8-K
NextPlat Reports Consolidated Third Quarter 2023 Results with Increased Revenues of $15.3 Million, Margins Improve to 30% and $2.7 Million Net Income
14 Nov 23
10-Q
2023 Q3
Quarterly report
13 Nov 23
8-K
Entry into a Material Definitive Agreement
18 Oct 23
8-K
Regulation FD Disclosure
12 Oct 23
8-K
Completion of Acquisition or Disposition of Assets
11 Sep 23
Latest ownership filings
5
Maria Cristina Fernandez
23 Apr 24
5
Charles M. Fernandez
23 Apr 24
5
Kendall W. Carpenter
23 Apr 24
5
John Edward Miller
23 Apr 24
5
Hector Delgado
23 Apr 24
5
Louis Cusimano
23 Apr 24
4
Robert Phillip Jr. Bedwell
9 Jun 23
4
Cecile Munnik
9 Jun 23
SC 13D/A
Progressive Care Inc.
4 May 23
SC 13G/A
Sixth Borough Capital Fund LP
24 Apr 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 26.35 mm | 26.35 mm | 26.35 mm | 26.35 mm | 26.35 mm | 26.35 mm |
Cash burn (monthly) | (no burn) | (no burn) | 1.16 mm | 895.07 k | 316.05 k | 426.56 k |
Cash used (since last report) | n/a | n/a | 7.91 mm | 6.11 mm | 2.16 mm | 2.91 mm |
Cash remaining | n/a | n/a | 18.43 mm | 20.24 mm | 24.19 mm | 23.43 mm |
Runway (months of cash) | n/a | n/a | 15.9 | 22.6 | 76.5 | 54.9 |
Institutional ownership, Q2 2023
25.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 13 |
Opened positions | 8 |
Closed positions | 2 |
Increased positions | 0 |
Reduced positions | 2 |
13F shares | Current |
---|---|
Total value | 918.45 mm |
Total shares | 4.80 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Phillip MD Frost Et Al | 3.43 mm | $7.30 mm |
Palmer Roland Elton | 679.01 k | $0.00 |
Joe Don Setina Family | 320.98 k | $0.00 |
Geode Capital Management | 121.68 k | $330.97 mm |
Warberg Asset Management | 71.31 k | $65.84 mm |
Cresset Asset Management | 70.00 k | $190.33 mm |
Omnia Family Wealth | 64.93 k | $225.99 mm |
Citadel Advisors | 17.11 k | $15.60 mm |
STT State Street | 15.96 k | $43.40 mm |
BLK Blackrock | 10.63 k | $28.90 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
25 Apr 23 | Maria Cristina Fernandez | Stock Option Common Stock, par value $0.0001 per share | Grant | Acquire A | No | No | 0 | 20,000 | 0.00 | 40,000 |
25 Apr 23 | Kendall W. Carpenter | Stock Option Common Stock, par value $0.0001 per share | Grant | Acquire A | No | No | 0 | 20,000 | 0.00 | 20,000 |
25 Apr 23 | John Edward Miller | Stock Option Common Stock, par value $0.0001 per share | Grant | Acquire A | No | No | 0 | 20,000 | 0.00 | 20,000 |
25 Apr 23 | Hector Delgado | Stock Option Common Stock, par value $0.0001 per share | Grant | Acquire A | No | No | 0 | 20,000 | 0.00 | 20,000 |
14 Apr 23 | Charles M. Fernandez | Stock Option Common Stock, par value $0.0001 per share | Grant | Acquire A | Yes | No | 0 | 200,000 | 0.00 | 370,000 |
7 Apr 23 | Charles M. Fernandez | Common Stock | Grant | Acquire A | Yes | No | 0 | 25,000 | 0.00 | 3,677,667 |
7 Apr 23 | Charles M. Fernandez | Stock Option Common Stock, par value $0.0001 per share | Grant | Acquire A | Yes | No | 0 | 25,000 | 0.00 | 370,000 |
3 Apr 23 | Charles M. Fernandez | Common Stock | Grant | Acquire A | No | No | 0 | 325,000 | 0.00 | 3,677,667 |
28 Feb 23 | Charles M. Fernandez | Common Stock | Grant | Acquire A | No | No | 0 | 39,000 | 0.00 | 3,677,667 |
News
Why Ultragenyx Pharmaceutical Shares Are Trading Lower By Around 9%? Here Are Other Stocks Moving In Monday's Mid-Day Session
15 Apr 24
12 Communication Services Stocks Moving In Monday's Pre-Market Session
15 Apr 24
Why Medical Properties Trust Shares Are Trading Higher By Around 13%; Here Are 20 Stocks Moving Premarket
15 Apr 24
Nasdaq Down 300 Points; BlackRock Posts Upbeat Earnings
12 Apr 24
Why JPMorgan Shares Are Trading Lower By Around 5%? Here Are Other Stocks Moving In Friday's Mid-Day Session
12 Apr 24
Press releases
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates IP, WIRE, MCBC, NXPL
18 Apr 24
NEXTPLAT INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of NextPlat Corp - NXPL
17 Apr 24
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates IP, NXPL, NS, RXMD
17 Apr 24
Kuehn Law Encourages NS, NXPL, IP, and RXMD Investors to Contact Law Firm
17 Apr 24
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates MGRC, ALPN, NXPL
16 Apr 24