NextPlat approves $2M buyback; expects record 2024 revenue >$63M (70%+ YoY growth)

NextPlat Corp

Board approved up to $2M share repurchase program; runs through Dec 16, 2025, unless extended.
Expects record 2024 annual revenue >$63M, representing over 70% growth vs fiscal 2023.
Growth driven by satellite connectivity products, high-margin recurring airtime, and healthcare.
Company targets positive operating cash flow in late 2025, citing strong balance sheet and sizable cash.
Repurchases may occur via open market or private transactions; no obligation to buy any specific amount.

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