Income statement, balance sheet and cash flow statement for the last 2 fiscal years, taken from the XBRL data NextBoat Inc. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2025
FY2025
Revenue
99
120
Cost of revenue
90.2
108
Gross profit
8.78
11.5
Selling, general and administrative
1.75
2.43
Selling and marketing
0.49
1.16
Operating expenses
6.1
11
Operating income
2.68
0.46
Interest expense
1.62
2.26
Other non-operating income
-1.69
-2.47
Pre-tax income
0.99
-2
Income tax
-0.13
Net income
0.99
-1.87
EBITDA
2.94
0.77
EPS, basic
0.05
-0.09
EPS, diluted
0.05
-0.09
Shares, basic (weighted)
20
20.5
Shares, diluted (weighted)
20
20.5
Balance sheet
FY2025
FY2025
Cash and equivalents
2.93
12.4
Receivables
0.1
0.27
Inventory
22.6
26
Other current assets
0.84
0.43
Total current assets
28.9
39.9
Property, plant and equipment
0.46
0.82
Lease right-of-use assets
1.51
6.52
Goodwill
0.57
0.57
Intangible assets
0.56
Total assets
31.6
48.4
Accounts payable
0.96
1.47
Accrued liabilities
0.51
0.79
Deferred revenue
2.35
1.21
Short-term debt
0.14
Total current liabilities
29.3
30.9
Long-term debt
0.23
0.06
Lease liabilities
1.14
5.65
Total liabilities
30.7
36.6
Total debt
0.37
0.09
Paid-in capital
2.77
18
Retained earnings
-1.83
-6.5
Shareholders' equity
0.97
11.8
Total equity
0.97
11.8
Total liabilities and equity
31.6
48.4
Shares outstanding
20
24
Cash flow statement
FY2025
FY2025
Net income
0.99
-1.87
Depreciation and amortization
0.26
0.31
Stock-based compensation
1.8
Change in receivables
0.07
-0.17
Change in inventory
-10
-3.44
Change in payables
0.74
0.51
Cash from operations
-7.11
-0.7
Capital expenditures
-0.03
-0.58
Cash from investing
-0.03
-0.75
Debt issued
0
0.06
Debt repaid
-0.23
-0.33
Cash from financing
8.41
10.9
Net change in cash
1.27
9.5
Free cash flow
-7.13
-1.27
Interest paid
1.67
2.04
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $2.02 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
11.1%
Gross profit / revenue.
Operating margin
-3.6%
Operating income / revenue.
EBITDA margin
-3.2%
EBITDA (operating income + depreciation and amortization) / revenue.
Net margin
-5.4%
Net income / revenue.
FCF margin
-14.7%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
-12.4%
Cash from operations / revenue.
Return on assets (ROA)
-8.0%
Net income / average total assets.
SG&A / revenue
2.9%
Selling, general and administrative expense / revenue.
Capex / revenue
2.3%
Capital expenditures / revenue.
D&A / revenue
0.3%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
21.1%
Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y
30.6%
Gross profit vs the same period a year earlier. Only from a positive base.
Operating income growth, 1y
-82.8%
Operating income vs the same period a year earlier. Only from a positive base.
EBITDA growth, 1y
-73.7%
EBITDA vs the same period a year earlier. Only from a positive base.
Net income growth, 1y
-288.7%
Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y
-280.0%
EPS vs the same period a year earlier. Only from a positive base.
Book value growth, 1y
1,123.0%
Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
53.0%
Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y
2.5%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
1.04x
Current assets / current liabilities.
Quick ratio
0.13x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.11x
(Cash + short-term investments) / current liabilities.
Debt / assets
5.2%
Total debt / total assets.
Liabilities / assets
88.0%
Total liabilities / total assets.
Net debt
-$2.5M
Total debt - cash - short-term investments. Negative means more cash than debt.
Interest coverage
-1.87x
Operating income / interest expense.
Working capital
$3.0M
Current assets - current liabilities.
Goodwill and intangibles / assets
6.0%
(Goodwill + intangible assets) / total assets.
Efficiency
Metric
Value
How it is calculated
Asset turnover
1.49x
Revenue / average total assets.
Fixed asset turnover
37.6x
Revenue / average property, plant and equipment.
Inventory turnover
2.18x
Cost of revenue / average inventory.
Days inventory
168 days
365 x average inventory / cost of revenue.
Receivables turnover
113x
Revenue / average receivables.
Days sales outstanding
3 days
365 x average receivables / revenue.
Days payables
6 days
365 x average accounts payable / cost of revenue.
Cash conversion cycle
165 days
Days inventory + days sales outstanding - days payables.
Per share
Metric
Value
How it is calculated
EPS, diluted
-$0.32
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Market cap + total debt - cash - short-term investments.
P/S
0.34x
Market cap / revenue.
EV/Sales
0.32x
Enterprise value / revenue.
FCF yield
-43.5%
Free cash flow / market cap.
Earnings yield
-15.9%
Net income / market cap (the inverse of P/E).
What was NextBoat Inc.'s revenue in fiscal 2025?
NextBoat Inc. reported revenue of $119.9M for fiscal 2025, 21.1% higher than the year before.
Was NextBoat Inc. profitable in fiscal 2025?
No. It reported a net loss of $1.9M.
How much free cash flow did NextBoat Inc. generate in fiscal 2025?
Cash from operations of $697.4K minus capital expenditures of $577.5K left free cash flow of -$1.3M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.