← BackNextPlat Corp · TelecomNXPL
High riskNext report: Around Nov 12 (est.)
The short versionA company still losing money with shrinking sales, with elevated risk.
Watch out for
- Share count growing 40.4% a year (dilution)
- Losing money
- Revenue down 17.8% from the year before
Money moves
- No insider buying or selling in the last 30 days
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$8.61-2.6% that day
- Company value
- $23M
- Share price times all shares
- Price vs sales
- 0.43x
- No profit over the last year, so this compares value with sales instead
- Cash vs value
- 51%
- A big cushion: cash is a large part of what the company is worth
- Debt vs value
- 6%
- Debt as a share of company value
From NXPL's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sep '23Tap a barJun '26
Last 12 months: $1.9M, down 39% from the 12 months before.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- MissReturn on equity 15%+Earns a lot on the money owners have in the business.0.0%
- PassDebt under half of equityNot relying on borrowed money.0.07x equity
- MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.0.0%
- MissProfitable every yearSteady profits, not one good year.0 of 10 years
- MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$6.2M
- MissShare count not growingNot diluting owners. Falling means buybacks.+176.6% in 3 years
- MissGross margin 40%+Pricing power: sells for well above what it costs to make.20.1%
- Revenue
- $54.3M
- -17.8% vs prior year
- 5-year growth
- +57.0%/yr
- revenue, per year
- Total debt
- $1.3M
- 0.07x equity
- Current ratio
- 2.65x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026- Free cash flow
- $1.1M
- Share count
- +943.1%
- vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trendNo trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
- This week
- 0
- Normal week
- 0.7
- vs normal
- 0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■SteadyThe share count changed with a stock split this quarter, so the change in holdings isn't comparable until next quarter.
Shares held by institutions140K
Sep '24Jun '26
Share count growthYearly rate, last 3 years
+13.2%Cash runwayAt last year's cash burn
23 monthsDebt to equityLatest balance sheet: debt compared with what owners have
0.1x · $1.0M debtShares outstandingLatest reported
3MWhy high risk- Losing money
- About 23 months of cash left at its current burn
- Share count growing 13.2% a year (dilution)
- Revenue down 17.8% from the year before
- 4 offering filings in 6 months (may sell new shares)
- Exchange listing notice (a delisting warning or a move to another exchange)
Next reportAround Nov 12 (est.)Estimated from the same quarter last year
- Results filedAug 13
- Results filedMay 14
- Results filedMar 31
- Results filedNov 13, 2025
- Results filedAug 14, 2025
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.
Latest filings
Straight from SEC EDGAR
Stock awardAnthony ArmasDirector
661 shares
- +5% of holdings
- Now owns 12,935 shares
- Held by Apollo Two MSO, LLC
- Filed 16 days after trade
Stock awardDavid PhippsChief Executive Officer, Director
6,000 shares
- +9% of holdings
- Now owns 73,178 shares
- Filed 2 days after trade
Stock awardAmanda FerrioChief Financial Officer
3,000 shares
- +80% of holdings
- Now owns 6,750 shares
- Filed 2 days after trade
Stock awardRobert Phillip Jr. BedwellChief Compliance Officer
1,250 shares
- +50% of holdings
- Now owns 3,753 shares
- Filed 2 days after trade
Stock awardDouglas EllenoffDirector
1,323 shares
- +6% of holdings
- Now owns 22,259 shares
- Filed 15 days after trade
Stock awardRodney BarretoDirector
1,323 shares
- +3% of holdings
- Now owns 50,199 shares
- Filed 15 days after trade