Sells satellite phones and tracking devices to businesses and governments.
Jun 2026Revenue $48.3M/yrExpenses $55.2M/yr
No trendCash runway ≈ 2.6 years from Jun 2026
Figures by year
When will NextPlat be profitable?
Its figures don’t show a steady enough trend to project a date. In the 12 months to Jun 2026, revenue was $48.3M and expenses $55.2M.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $54.3M | $63.3M | −$9.00M |
| Dec 2024 | $66.1M | $89.1M | −$23.0M |
| Dec 2023 | $37.8M | $61.0M | −$23.2M |
| Dec 2022 | $11.7M | $18.9M | −$7.20M |
| Dec 2021 | $7.74M | $14.4M | −$6.62M |
| Dec 2020 | $5.69M | $7.72M | −$2.03M |
| Dec 2019 | $5.87M | $6.98M | −$1.11M |
| Dec 2018 | $5.73M | $6.86M | −$1.13M |
| Dec 2017 | $6.00M | $7.58M | −$1.58M |
| Dec 2016 | $4.70M | $6.33M | −$1.63M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.