secwatch.observer — SEC 8-K summary
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Issuer:     NextTrip, Inc. (NTRP)
CIK:        0000788611
Form:       8-K
Filed at:   2026-10-15T20:07:35+00:00
Accession:  0001493152-26-047229
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

NextTrip Q2 revenue falls 28% to $547K; six-month revenue up 122% to $2.0M
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- Q2 (ended Aug 31, 2026) revenue $546,687, down ~28% YoY from $757,648; six-month revenue $1,998,422, up ~122% from $896,475.
- Deferred revenue ~$1.2M at quarter-end on continued cruise bookings; cruise platform offers 10,000+ sailings across 35+ cruise lines.
- JOURNY TV logged 307M+ viewing minutes Jan-Aug 2026 (~38M/month); 12+ distribution platforms in ~100 countries, potential reach >250M viewers.
- After July 2026 ad-ops switch, average monthly Samsung U.S. programmatic revenue rose ~668% vs Jan-Jun average; CPM up nearly 6x; CY2026 projected ~2x CY2025.
- NextTrip Pro rollout/advisor onboarding set for Q3; YADA Commerce stake and first NextTrip LIVE concert in November; >$5M direct-sales pipeline is uncontracted.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/788611/000149315226047229/0001493152-26-047229-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/788611/000149315226047229/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-047229

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer