One-glance verdict
Not enough data
Fair value unavailable
Not enough cash-flow history to value this one with our method.
Fundamentals snapshot
NextTrip, Inc.
NTRP · NCM · Consumer Cyclical · Travel Services
Current price
$1.27
52-week range
$0.90 - $4.80
Market cap
$19.16M
Balance sheet
Distressed
-327.05x Concerning
Net debt $2.56M. Interest coverage shows how many times profit covers the interest bill.
What stands out
1 Reward
1 Risk
1 rewards · 1 risks
- Reward Revenue grew 29.7% last year.
- Risk Return on equity was -296.7% last year — the company lost money on shareholders' equity.
What this company does
NextTrip, Inc.
NextTrip, Inc. is a travel company that makes it easy for people to book trips and find travel ideas online. They make money by selling travel bookings through their booking engine and also by showing ads and content on their travel websites and media channels. This matters because it shows how they are trying to grow both by selling more trips and by attracting more people to their travel content.
How the company got here
NextTrip, Inc. wasn't always focused on travel. It used to be known as Sigma Additive Solutions, Inc., and its business was quite different. In March 2024, the company underwent a significant transformation, changing its name to NextTrip, Inc. This rebranding signaled a strategic pivot towards becoming a technology-driven travel company, aiming to integrate booking services with engaging travel content. The company is headquartered in Santa Fe, New Mexico.
What it actually does
NextTrip operates a platform designed to make travel planning and booking easier for everyone, from individuals planning a vacation to groups organizing events. They offer a digital space where people can research destinations, get advice, and book flights, hotels, and other travel arrangements. Think of it as a one-stop shop for all your travel needs, combining booking tools with inspiring travel stories and tips.
Travel
The Travel segment is the core of NextTrip's business, focusing on the actual booking of travel. This includes their main booking engine, NXT2.0, which handles everything from individual leisure trips to complex business travel and group events. They also have specialized platforms like Five Star Alliance for luxury and cruise bookings, and TA Pipeline, which is a dedicated system for managing group travel like conferences and destination weddings. JournyGO is their AI-powered tool to help consumers engage and book their trips, making the process smoother and more personalized.
Media
The Media segment is all about inspiring and informing travelers. It includes JOURNY.tv, which is a network of travel-related video content, and TravelMagazine.com, an online publication. This part of the business provides articles, guides, and recommendations to help people discover new places and plan their adventures. It also serves as a platform to connect with travelers and potentially drive them to book through the company's travel services.
What management is betting on now
NextTrip's strategy revolves around creating a seamless experience by merging travel booking with engaging media content. They are investing in technology, like their AI-powered JournyGO system, to make booking easier and more personalized for consumers. By integrating a robust booking engine with inspiring travel media, they aim to capture travelers at every stage of their journey, from initial inspiration to final booking, ultimately driving growth across both their Travel and Media segments.
Price history
How the share price has moved
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Earnings history
Last 8 quarters — what happened
Click any quarter to read the call summary and what the numbers say.
Revenue
$546.69K
Net income
$-3.72M
Diluted EPS
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Operating cash flow
$-2.46M
Free cash flow
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Sources
Revenue
$1.45M
Net income
$-3.13M
Diluted EPS
-0.22
Operating cash flow
$-2.34M
Free cash flow
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Sources
Revenue
$1.62M
Net income
$-5.28M
Diluted EPS
-0.38
Operating cash flow
$-2.11M
Free cash flow
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Revenue
$1.20M
Net income
$-3.28M
Diluted EPS
-0.37
Operating cash flow
$-1.98M
Free cash flow
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Sources
Revenue
$757.65K
Net income
$-2.90M
Diluted EPS
-0.39
Operating cash flow
$572.38K
Free cash flow
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Sources
Revenue
$138.83K
Net income
$-4.46M
Diluted EPS
-0.68
Operating cash flow
$-1.04M
Free cash flow
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Sources
Revenue
$83.50K
Net income
$-4.60M
Diluted EPS
0.81
Operating cash flow
$-1.94M
Free cash flow
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Sources
Revenue
$74.64K
Net income
$-2.01M
Diluted EPS
-0.35
Operating cash flow
$-1.18M
Free cash flow
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Sources
Is it cheap or expensive?
Fair value — vs current price $1.27
We couldn't calculate a fair value right now.
Is it drowning in debt?
Distressed
Net debt $2.6M. Interest coverage -327.1x.
Net debt
$2.56M
Interest coverage
-327.05x
NextTrip, Inc.'s profit covers its interest bill about 0.0 times over. which is weaker than most peers shown here and 1 peers sit below 1x, which is the danger zone where profit does not fully cover the interest bill.
Distressed
Worse cushion
Baseline
Better cushion
NTRP
BASELINE
NextTrip, Inc.
Total debt $3.70M Interest coverage -327.05x This is the baseline the peer rows are being compared against.
Total debt $16.12M Interest coverage -0.99x Neither company has much profit cushion over interest right now.
Total debt $693.88K Interest coverage 5.56x This peer still has a real interest-payment cushion, while NTRP does not.
Total debt $893.90M Interest coverage 1.95x This peer still has a real interest-payment cushion, while NTRP does not.
Total debt $1.63B Interest coverage 1.92x This peer still has a real interest-payment cushion, while NTRP does not.
What you should know
The case for and against NTRP
1 Reward
1 Risk
Rewards
-
Revenue grew 29.7% last year.
Risks
-
Return on equity was -296.7% last year — the company lost money on shareholders' equity.
The numbers
All the key metrics, grouped by purpose
Tap any ? icon to learn what it means.
Valuation
How expensive the stock looks
P/E (TTM)
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Forward P/E
-1.51x
P/B
3.97x
P/S
3.98x
EV/EBITDA
-1.69x
PEG ratio
—
Profitability
How much profit each dollar creates
Gross margin
17.3%
Operating margin
-606.8%
Net margin
0.0%
ROE
-296.7%
ROA
-66.8%
Health
Liquidity and balance-sheet strength
Debt / equity
0.77x
Current ratio
0.48x
Quick ratio
0.21x
Total debt
$3.70M
Total cash
$1.15M
Growth
How the business has been compounding
Revenue TTM
$4.82M
Revenue 5Y CAGR
22.5%
EPS TTM
-1.27
EPS 5Y CAGR
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Cash flow
How much cash the business throws off
Operating CF TTM
$-8.89M
Free CF TTM
$-5.09M
FCF margin
-105.6%
Dividend
Shareholder payout
Yield
0.0%
Payout ratio
0.0%
Last ex-div date
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