NextTrip, Inc.
NTRPNasdaqIndustrials · Transportation Services · NV · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | |
|---|---|---|---|---|---|---|
| Revenue | $3.7M | $501,423 | $458,752 | $382,832 | $630,428 | $1.7M |
| Operating income | −$16.4M | −$7.4M | −$5.7M | −$5.0M | −$8.7M | −$8.5M |
| Net income | −$15.9M | −$10.1M | −$7.3M | −$5.0M | −$8.7M | −$7.4M |
| Total assets | $13.1M | $9.9M | $5.1M | $5.9M | $5.7M | $13.8M |
| Total liabilities | $7.3M | $2.6M | $2.0M | $5.4M | $629,198 | $981,239 |
| Equity | $5.4M | $7.4M | $3.1M | $484,110 | −$11.8M | $12.9M |
| EPS (diluted) | $-1.82 | $-2.23 | $-32.12 | $-70.32 | $-0.83 | $-0.76 |
| Shares out. | 14.5M | 7.7M | 1.4M | 10.8M | 10.5M | 8.3M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2026- Operating margin
- −440.5%
- Net margin
- −428.3%
- Return on equity
- −296.1%
- Return on assets
- −121.7%
- Return on capital (ROCE)
- −178.6%
- Liabilities / assets
- 55.9%
- Debt / equity
- 1.36×
- Book value / share
- $0.37
- Revenue growth (YoY)
- 641.0%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2026- Altman Z″ (distress)
- -20.63distress
- Accruals / assets
- −86.8%clean
- Beneish M-Score
- -1.85normal
- Piotroski F-Score
- 3/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 severe● 3 warning● 2 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Negative operating cash flow
- Revenue is growing year-over-year
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗May 31, 2024
- NT 10-Kmissed a reporting deadline ↗Apr 2, 2018
- NT 10-Kmissed a reporting deadline ↗Apr 2, 2013
- NT 10-Kmissed a reporting deadline ↗Mar 30, 2012
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2011
- NT 10-Qmissed a reporting deadline ↗Nov 16, 2010
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Jiang David TActivist (13D)Nov 12, 2025
- Monaco Donald PActivist (13D)Nov 12, 2025
- Kerby WilliamActivist (13D)Nov 12, 2025
- Alumni Capital LpPassive (13G)Sep 18, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 58,671 | 1.5 | -11.9% |
| Apr 30, 2026 | 66,607 | 1.0 | -20.3% |
| Apr 15, 2026 | 83,614 | 1.0 | -35.6% |
| Mar 31, 2026 | 129,800 | 1.0 | +583.6% |
| Mar 13, 2026 | 18,987 | 1.0 | +131.5% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Entered a material agreement · Unregistered equity sale · Amended charter or bylawsMay 8, 2026
- Regulation FD disclosureMar 19, 2026
- Director / officer changeMar 13, 2026
- Regulation FD disclosureMar 6, 2026
- Regulation FD disclosureFeb 19, 2026
- Regulation FD disclosureFeb 10, 2026
- Entered a material agreement · Completed an acquisition or disposition · Unregistered equity sale · Regulation FD disclosureFeb 3, 2026
- Regulation FD disclosureJan 14, 2026
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
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