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Financial statements

NEXTNRG, INC. financial statements

Income statement, balance sheet and cash flow statement for the last 6 fiscal years, taken from the XBRL data NEXTNRG, 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

FY2021FY2021FY2022FY2023FY2024FY2025
Revenue3.597.231523.227.881.8
Cost of revenue3.547.0315.221.82674.9
Gross profit0.040.21-0.171.371.796.91
Selling and marketing1.360.140.160.35
General and administrative15.58.81265.9
Operating income-6.93-8.77-17.5-8.53-11.7-70.2
Interest expense0.320.780.11.729.3717.3
Interest income0.080.030.280
Other non-operating income-0.02-1.94-9.69-18
Pre-tax income-7.25-9.38-17.5
Income tax00
Net income to minority interests-2.44
Net income-7.25-9.38-17.5-10.5-21.4-85.7
EBITDA-6.48-7.9-15.7-7.43-10.2-67.8
EPS, basic-2.31-1.47-16.99-8.94-5.97-0.72
EPS, diluted-2.31-1.47-16.99-8.94-5.97-0.72
Shares, basic (weighted)3.166.31.031.173.59122
Shares, diluted (weighted)3.166.31.031.173.59122

Balance sheet

FY2021FY2021FY2022FY2023FY2024FY2025
Cash and equivalents0.8813.62.070.231.610.38
Short-term investments3.362.12
Receivables0.190.10.771.191.612.04
Inventory0.040.050.150.130.130.61
Other current assets0.190.330.220.040.15
Total current assets1.2817.35.431.773.43.19
Property, plant and equipment0.432.294.593.317.546.83
Lease right-of-use assets0.52
Goodwill0.110.11
Intangible assets0.993.215.05
Other non-current assets0.040.05
Total assets2.8122.910.65.7222.411.1
Accounts payable0.220.490.99
Accrued liabilities0.070.01
Total current liabilities3.740.763.36.9834.728.3
Long-term debt0.320.31.20.350.150.81
Lease liabilities0.32
Total liabilities4.291.064.817.6235.133.2
Total debt0.482.016.19.23
Paid-in capital6.4739.240.743.454.8134
Retained earnings-7.96-17.3-34.8-45.3-67.5-154
Other comprehensive income-0.01-0.04
Shareholders' equity-1.4821.95.79-1.91-12.7-19.7
Minority interests-2.44
Total equity-1.4821.95.79-2.39-12.7-22.1
Total liabilities and equity2.8122.910.65.7222.411.1
Shares outstanding5.378.191.041.41107142

Cash flow statement

FY2021FY2021FY2022FY2023FY2024FY2025
Net income-7.25-9.38-17.5-10.5-21.4-88.2
Depreciation and amortization0.450.871.771.111.552.39
Stock-based compensation4.621.91.410.290.270.02
Deferred income tax-1.85-2.54-4.15-2.59-3.19-19.2
Change in receivables-0.170.08-0.69-0.51-0.43-0.42
Change in inventory-0-0.01-0.10.020.01-0.48
Change in payables-0.080.460.68
Cash from operations-1.61-6.31-11.6-6.64-6.26-14.5
Capital expenditures-0.02-2-3.26-3.93
Acquisitions-0.32
Sales and maturities of investments1.152.13
Cash from investing-0.02-5.39-2.432.17-11.7
Debt issued1.151.442.19
Debt repaid-0.01-2.14-0.66
Stock issued1.550.12015.2
Cash from financing2.4824.42.532.6318.513.3
Net change in cash0.8512.7-11.5-1.840.59-1.23
Free cash flow-1.63-8.3-14.9-10.2
Interest paid0.040.460.10.180.190.91

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 $0.85 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin9.0%Gross profit / revenue.
Operating margin-50.9%Operating income / revenue.
EBITDA margin-48.3%EBITDA (operating income + depreciation and amortization) / revenue.
Net margin-61.5%Net income / revenue.
Operating cash flow margin-13.4%Cash from operations / revenue.
Return on assets (ROA)-471.1%Net income / average total assets.
Stock-based pay / revenue3.5%Stock-based compensation (from the cash flow statement) / revenue.
D&A / revenue2.6%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y194.7%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y75.9%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y86.9%Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y286.5%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 5y177.2%Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y-50.6%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y1.4%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y31.6%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y3,305.0%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y391.2%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y107.7%Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio0.18xCurrent assets / current liabilities.
Quick ratio0.12x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.03x(Cash + short-term investments) / current liabilities.
Liabilities / assets272.6%Total liabilities / total assets.
Interest coverage-3.71xOperating income / interest expense.
Working capital-$25.6MCurrent assets - current liabilities.
Tangible book value-$18.8MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover7.67xRevenue / average total assets.
Fixed asset turnover17.5xRevenue / average property, plant and equipment.
Inventory turnover114xCost of revenue / average inventory.
Days inventory3 days365 x average inventory / cost of revenue.
Receivables turnover32.5xRevenue / average receivables.
Days sales outstanding11 days365 x average receivables / revenue.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.36Net 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$0.59Revenue / diluted weighted shares.
Operating cash flow per share-$0.08Cash from operations / diluted weighted shares.
Book value per share-$0.11Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share-$0.11Tangible book value / shares outstanding.
Cash per share$0.01(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$143.1MShare price x shares outstanding.
Enterprise value$142.3MMarket cap + total debt - cash - short-term investments.
P/S1.51xMarket cap / revenue.
EV/Sales1.50xEnterprise value / revenue.
Earnings yield-40.6%Net income / market cap (the inverse of P/E).
What was NEXTNRG, INC.'s revenue in fiscal 2025?

NEXTNRG, INC. reported revenue of $81.8M for fiscal 2025, 194.7% higher than the year before.

Was NEXTNRG, INC. profitable in fiscal 2025?

No. It reported a net loss of $85.7M.

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.

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