NextTrip, Inc.
Financial highlights
| Metric | FY 02/28/26 | FY 02/28/25 | FY 02/29/24 | FY 02/28/23 | FY 12/31/22 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $3.7M | $501,423 | $458,752 | $382,832 | $630,428 |
| Cost of revenue | $3.1M | $498,121 | $397,532 | $354,921 | $349,930 |
| Gross profit | $652,486 | $3,302 | $61,220 | $27,911 | $280,498 |
| Research and development | — | — | — | — | $404,720 |
| Operating expenses | $17.0M | $7.4M | $5.7M | $5.0M | $9.0M |
| Operating income | -$16.4M | -$7.4M | -$5.7M | -$5.0M | -$8.7M |
| Interest expense | — | — | — | — | $7,345 |
| Pretax income | -$15.9M | -$10.1M | -$6.7M | -$5.0M | -$8.7M |
| Net income | -$15.9M | -$10.1M | -$7.3M | -$5.0M | -$8.7M |
| Balance Sheet | |||||
| Cash and equivalents | $1.7M | $1.1M | $323,805 | $282,475 | $2.8M |
| Current assets | $3.2M | $2.5M | $1.7M | $2.2M | $4.3M |
| Total assets | $13.1M | $9.9M | $5.1M | $5.9M | $5.7M |
| Current liabilities | $3.9M | $2.6M | $2.0M | $4.5M | $629,198 |
| Total liabilities | $7.3M | $2.6M | $2.0M | $5.4M | $629,198 |
| Stockholders' equity | $5.4M | $7.4M | $3.1M | $484,110 | $5.1M |
| Cash Flow Statement | |||||
| Cash from operations | -$4.6M | -$5.1M | -$5.7M | -$3.8M | -$8.2M |
| Depreciation and amortization | $1.1M | $713,236 | $1.5M | $707,238 | $116,167 |
| Stock-based compensation | $193,125 | $67,874 | $116,512 | — | $793,251 |
| Capital expenditure | — | — | $9,253 | $2,928 | $164,622 |
| Free cash flow | — | — | -$5.7M | -$3.8M | -$8.4M |
| Impairments | $463,860 | — | — | — | — |
Shares outstanding 13.7M · Free float 73.5%
Annual filing data through FY ended February 28, 2026; float as of July 3, 2026.