📊 NTRP Key Takeaways
Is NextTrip, Inc. (NTRP) a Good Investment?
NextTrip is a deeply unprofitable company burning cash rapidly despite claiming 641% revenue growth. With -$16.4M operating loss on $3.7M revenue, negative operating cash flow of -$4.6M, and liquidity ratios below 1.0, the company faces imminent solvency concerns. The business model is fundamentally broken—massive topline growth is not converting to profitability and the firm is destroying shareholder value at an accelerating rate.
NextTrip is deeply unprofitable with operating and net margins worse than -500%, weak liquidity (current ratio <1), and cash that roughly matches its current burn, implying near‑term financing risk. While revenue grew modestly and the company carries no long‑term debt with minimal capex needs, the 20% gross margin leaves little room to achieve operating leverage. Without rapid margin expansion and cost discipline, dilution or strategic restructuring appears likely.
NextTrip, Inc. Key Strengths (NTRP)
- Exceptional revenue growth of 641% YoY indicates strong market demand or expansion activity
- Zero long-term debt provides flexibility and avoids leverage risk
- Minimal capital requirements ($9.3K CapEx) suggest asset-light operations
- No long-term debt (Debt/Equity 0.0x), no interest burden
- Asset-light model with minimal capex
- Modest YoY revenue growth (+9.3%)
NTRP Stock Risks: NextTrip, Inc. Investment Risks
- Operating margin of -440.5% indicates business model is unsustainable at current scale
- Current ratio of 0.81x and quick ratio of 0.61x signal imminent liquidity crisis
- Operating cash flow of -$4.6M combined with $1.7M cash position means runway of ~4-5 months at current burn rate
- Gross margin of only 17.6% leaves insufficient buffer to cover bloated operating expenses
- ROE of -296.1% and ROA of -121.7% demonstrate severe shareholder value destruction
- Net losses of -$15.9M exceed total equity of $5.4M, indicating potential insolvency trajectory
- Liquidity shortfall and near-term funding need (current ratio 0.85x; quick 0.70x)
- Sustained heavy losses and cash burn (OCF -$2.45M; FCF margin -117%)
- Low gross margin (20%) limits path to profitability
Key Metrics to Watch
- Operating cash flow trend—critical to determine if burn rate accelerates or stabilizes
- Gross margin sustainability—can the company improve unit economics or reduce COGS?
- Path to profitability timeline—any guidance on when operating losses will narrow?
- Cash balance depletion rate—company has ~4-5 months of runway at current burn
- Revenue per-unit economics—is growth masking deteriorating unit-level profitability?
- Gross margin (%) and trend
- Operating cash flow (burn) and cash runway
NextTrip, Inc. (NTRP) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
NTRP Profit Margin, ROE & Profitability Analysis
NTRP vs Transportation Sector: How NextTrip, Inc. Compares
How NextTrip, Inc. compares to Transportation sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is NextTrip, Inc. Stock Overvalued? NTRP Valuation Analysis 2026
Based on fundamental analysis, NextTrip, Inc. has mixed fundamental signals relative to the Transportation sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
NextTrip, Inc. Balance Sheet: NTRP Debt, Cash & Liquidity
NTRP Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: NextTrip, Inc.'s revenue has grown significantly by 125% over the 5-year period, indicating strong business expansion. The most recent EPS of $-2.23 indicates the company is currently unprofitable.
NTRP Revenue Growth, EPS Growth & YoY Performance
NTRP Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2026 | $74.6K | -$2.0M | $-0.35 |
| Q2 2026 | $154.5K | -$1.5M | $-0.39 |
| Q1 2026 | $138.8K | -$2.0M | $-0.68 |
| Q3 2025 | $74.6K | -$1.3M | $-0.35 |
| Q2 2025 | $27.7K | -$1.2M | $-1.14 |
| Q1 2025 | $19.6K | -$1.1M | $-1.55 |
| Q3 2023 | $142.0K | -$871.7K | $-1.57 |
| Q2 2023 | $97.0K | -$1.3M | $-0.12 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
NextTrip, Inc. Dividends, Buybacks & Capital Allocation
NTRP SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for NextTrip, Inc. (CIK: 0000788611)
📋 Recent SEC Filings
❓ Frequently Asked Questions about NTRP
What is the AI rating for NTRP?
NextTrip, Inc. (NTRP) has a Combined AI Grade of D from Claude (D) and ChatGPT (D) with 85% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are NTRP's key strengths?
Claude: Exceptional revenue growth of 641% YoY indicates strong market demand or expansion activity. Zero long-term debt provides flexibility and avoids leverage risk. ChatGPT: No long-term debt (Debt/Equity 0.0x), no interest burden. Asset-light model with minimal capex.
What are the risks of investing in NTRP?
Claude: Operating margin of -440.5% indicates business model is unsustainable at current scale. Current ratio of 0.81x and quick ratio of 0.61x signal imminent liquidity crisis. ChatGPT: Liquidity shortfall and near-term funding need (current ratio 0.85x; quick 0.70x). Sustained heavy losses and cash burn (OCF -$2.45M; FCF margin -117%).
What is NTRP's revenue and growth?
NextTrip, Inc. reported revenue of $3.7M.
Does NTRP pay dividends?
NextTrip, Inc. does not currently pay dividends.
Where can I find NTRP SEC filings?
Official SEC filings for NextTrip, Inc. (CIK: 0000788611) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is NTRP's EPS?
NextTrip, Inc. has a diluted EPS of $-1.82.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is NTRP's fundamental grade?
Based on our AI fundamental analysis in June 2026, NextTrip, Inc. has a D grade with 85% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is NTRP stock overvalued or undervalued?
Valuation metrics for NTRP: ROE of -296.1% (sector avg: 18%), net margin of -428.3% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.
What is NTRP's AI grade for 2026?
Our dual AI analysis gives NextTrip, Inc. a combined D grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is NTRP's free cash flow?
NextTrip, Inc.'s operating cash flow is $-4.6M, with capital expenditures of $9.3K. FCF margin is -123.0%.
How does NTRP compare to other Transportation stocks?
Vs Transportation sector averages: Net margin -428.3% (avg: 10%), ROE -296.1% (avg: 18%), current ratio 0.81 (avg: 1).