Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data Next Meats Holdings, 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
FY2021
FY2022
FY2023
Revenue
0.4
6.95
1.4
Cost of revenue
0.3
5.71
1.33
Gross profit
0.1
1.24
0.07
General and administrative
0.03
6.59
2.79
Operating expenses
0.03
6.65
2.83
Income tax
0
0.09
0
Income from continuing operations
-1.07
-5.4
-2.76
Net income
0.04
-5.8
-4.83
EPS, basic
-0.01
-0.01
-0.01
EPS, diluted
0.00
-0.01
-0.01
Shares, basic (weighted)
152
501
502
Shares, diluted (weighted)
152
501
502
Balance sheet
FY2021
FY2022
FY2023
Cash and equivalents
0
0.62
0.29
Receivables
0.26
1.29
0.34
Inventory
0.25
0.6
0.13
Total current assets
7.76
3.84
0.96
Property, plant and equipment
0.21
0.17
0.12
Total assets
8.49
5.73
1.22
Accrued liabilities
0.01
0.56
0.34
Total current liabilities
0.01
0.58
0.82
Total liabilities
0.01
0.85
1.18
Paid-in capital
-0.47
12.5
12.7
Retained earnings
-0.04
-6.88
-11.7
Shareholders' equity
-0.01
4.87
0.05
Minority interests
0.05
Total equity
-0.01
4.87
0.05
Total liabilities and equity
8.49
5.73
1.22
Shares outstanding
500
502
503
Cash flow statement
FY2021
FY2022
FY2023
Net income
0.04
-5.8
-4.83
Depreciation and amortization
0
0.05
0.04
Stock-based compensation
5,881
Change in receivables
0.27
1.03
-0.94
Change in payables
0
-0
0.01
Cash from operations
-1.15
-8.45
-1.66
Cash from investing
-0.7
-1.09
1.21
Cash from financing
9.13
4.08
0.45
Interest paid
0
0
0.01
Income taxes paid
0.04
0.02
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to January 31, 2024; growth uses fiscal years. Valuation uses the share price of $0.02 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
15.7%
Gross profit / revenue.
Net margin
-424.9%
Net income / revenue.
Operating cash flow margin
-119.1%
Cash from operations / revenue.
Return on assets (ROA)
-624.5%
Net income / average total assets.
D&A / revenue
3.0%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
-79.9%
Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y
-94.3%
Gross profit vs the same period a year earlier. Only from a positive base.
Book value growth, 1y
-99.0%
Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
-78.6%
Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y
0.4%
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
0.38x
Current assets / current liabilities.
Quick ratio
0.24x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.04x
(Cash + short-term investments) / current liabilities.
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.
Revenue per share
$0.00
Revenue / diluted weighted shares.
Operating cash flow per share
-$0.00
Cash from operations / diluted weighted shares.
Book value per share
-$0.00
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/S
8.85x
Market cap / revenue.
EV/Sales
8.81x
Enterprise value / revenue.
Earnings yield
-48.0%
Net income / market cap (the inverse of P/E).
What was Next Meats Holdings, Inc.'s revenue in fiscal 2023?
Next Meats Holdings, Inc. reported revenue of $1.4M for fiscal 2023, 79.9% lower than the year before.
Was Next Meats Holdings, Inc. profitable in fiscal 2023?
No. It reported a net loss of $4.8M.
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.