earnings
confidence high
sentiment neutral
materiality 0.65
NextPlat Q3 revenue $13.8M, net loss narrows 48% YoY; sees Q4 improvement
NextPlat Corp
- Revenue $13.8M down from $15.4M YoY; gross margin 19.9% vs 23.2%.
- Net loss to common $2.2M ($0.08/sh) vs $4.2M ($0.22); cash $13.9M.
- OpEx cut to $4.7M from $7.8M; annual overhead reduced >$2M via headcount cuts.
- Healthcare added 3,000+ high-margin prescriptions/month; expanded government subcontract.
- e-Commerce: GTC exclusive Nordic distributor; OPKO China sell-through high; FL Sunshine in UK/EU.
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