NXTT (NXTT) financial statements
NXTT reported revenue of $12M in fiscal 2025, up 13.1% a year over 5 years.
Net income was $143M.
The diluted share count fell 99% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from NXTT's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | — | $6M | $14M | $12M | $2M | $2M | $12M |
| Cost of revenue | — | $615,595 | $3M | $10M | $1M | $730,000 | $10M |
| Gross profit | — | $6M | $12M | $2M | $1M | $1M | $2M |
| Research and development | — | — | — | — | — | — | $14M |
| Selling, general and admin | $417,407 | $2M | $6M | $7M | $3M | $1M | $67M |
| Operating income | — | $4M | $6M | -$7M | -$1M | -$16,804 | -$80M |
| Pre-tax income | -$417,407 | $4M | $6M | -$7M | $3M | $30M | $200M |
| Income tax | — | $1M | $1M | -$82,654 | $130,415 | $8M | $56M |
| Net income | -$417,407 | $3M | $5M | -$9M | -$10M | $22M | $143M |
| EPS (diluted) | $0.00 | $0.01 | $0.02 | -$0.04 | $2.10 | — | — |
| Diluted shares | 300M | 304M | 305M | 1M | 2M | 0M | 2M |
| Gross margin | — | 90.2% | 81.4% | 16.9% | 57.2% | 59.4% | 15.1% |
| Operating margin | — | 59.9% | 41.7% | -58.2% | -49.5% | -0.9% | -690.5% |
| Net margin | — | 42.7% | 36.0% | -78.5% | -396.8% | 1196.8% | 1232.6% |
Balance sheet
Fiscal years, from NXTT's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $7M | $5M | $616,593 | $22,926 | $668,387 | $668,387 | $6M |
| Receivables | $0 | $3M | $6M | $6M | $1M | $2M | $354,772 |
| Total current assets | $7M | $10M | $16M | $47M | $49M | $93M | $524M |
| Property, plant and equipment | — | $0 | $395,353 | $921,952 | — | — | — |
| Total assets | $7M | $14M | $19M | $47M | $49M | $93M | $524M |
| Total current liabilities | $2M | $2M | $3M | $5M | $4M | $3M | $4M |
| Total liabilities | $2M | $5M | $5M | $5M | $4M | $11M | $69M |
| Shareholders' equity | $5M | $9M | $15M | $42M | $45M | $82M | $456M |
| Net debt | -$7M | -$5M | -$616,593 | -$22,926 | -$668,387 | -$668,387 | -$6M |
Cash flow
Fiscal years, from NXTT's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | — | $1M | -$4M | -$38M | $20M | — | -$3M |
| Capital spending | — | $0 | $417,112 | $693,560 | — | — | — |
| Free cash flow | — | $1M | -$4M | -$38M | — | — | — |
| Stock-based compensation | — | — | — | — | — | — | $77M |
| Net borrowing | — | -$3M | -$611,210 | — | — | — | — |
| Free cash flow margin | — | 18.5% | -29.0% | -329.8% | — | — | — |
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What was NXTT's revenue in 2025?
$12M in fiscal 2025, from its 10-K filing.
From NXTT's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.