Friday 6 November 2026 Export NTRP’s income statement to Excel — free account

NextTrip, Inc.

NTRP Consumer Cyclical Travel Services

NextTrip, Inc.’s revenue for fiscal 2026 (year ended February 2026) was $3.7 million, up 641.0% from fiscal 2025.

Revenue: −27.8%
EPS: +35.9%
Free cash flow: −546.7%
Total debt: +910.7%

Quarter to August 2026, against a year earlier

1.07 0.12 −10.08%

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Market cap: $16.5M
P/E: 0.0×
Fwd P/E: −2.1×
Dividend yield: —
F-score: 3/9
Altman Z: −7.23
Beneish M: −1.51
Dividend safety: n/a

Overview

Insider Decisions last twelve months

Bought, $m 0.20

Sold, $m 0.16

Trades a month
	Jan 26			Apr 26			Jul 26			Oct 26
Buy	—	—	—	—	—	1	1	—	—	1	—	—
Sell	—	—	—	—	—	—	—	—	—	—	1	—

Insider Ownership 52.88%

Capital & Financial Ratios $m

Size

Market Cap 16.45

Revenue ttm 4.82

Net income ttm (15.41)

Free cash flow ttm (10.05)

Net debt Q (0.15)

Valuation

P/E 0.00

Forward P/E (2.10)

Price / sales 3.29

Forward P/S Powerpack

Price / FCF 0.00

Price / book 3.31

Financial health

Current ratio Q 0.49

Debt / equity Q 0.21

Interest coverage Q (11.58)

Growth

Revenue growth Q −27.84%

Operating income growth Q −3.57%

EPS, this year +49.04%

EPS, next year A +98.31%

Revenue, next year A +123.36%

EPS, past 5 yrs —

EPS, next 5 yrs A +81.97%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 6.41%

10-year low 10-year high

P/B against its own 10 years 58.20%

10-year low 10-year high

EV/Sales against its own 10 years 11.49%

10-year low 10-year high

Dividends

Yield: —
Annual rate: —
Payout ratio: —

Assets vs Liabilities $m

	2024	2025	2026	Q'26
Cash	0	1	2	1
Receivables	0	0	0	0
Inventory	—	—	—	—
Other	—	—	—	—
	2	2	3	3

	2024	2025	2026	Q'26
Payables	1	1	1	1
ST’ Debt	—	—	—	—
Other	—	—	0	0
	2	3	4	6

Compound Annual Growth %

	10y	5y	3y
Sales	14.42%	17.60%	113.31%
Cash Flow	0.00%	0.00%	0.00%
Earnings	0.00%	0.00%	0.00%
Book Value	19.42%	(14.84%)	128.31%

Earnings Trends EPS, adjusted, against the consensus

Q2 FY27 Estimate −0.24 Actual −0.25

−0.43 −0.34 −0.25 −0.17 −0.08

Q3 FY25 Miss −0.01

Q4 FY26 Miss −0.27

Q1 FY27 Met 0.00

Q2 FY27 Miss −0.01

Q3 FY27 — Jan 13

Earnings per share against the consensus, by quarter
Quarter	Estimate	Reported	Result
Q3 FY25	−0.34	−0.35	Miss by 0.01
Q4 FY26	−0.12	−0.39	Miss by 0.27
Q1 FY27	−0.22	−0.22	Met by 0.00
Q2 FY27	−0.24	−0.25	Miss by 0.01
Q3 FY27	−0.22	—	Reports 13 January 2027

EPS $

	May	Aug	Nov	Feb	Year
’26	(0.22)	(0.25)	—	—	—
’26	(0.68)	(0.39)	(0.37)	(0.43)	(1.82)
’25	(1.55)	(1.14)	(0.35)	(0.47)	(2.23)
’24	(13.14)	(13.92)	(15.69)	(15.00)	(32.12)
’23	—	—	—	(3.40)	(70.32)
’22	—	—	—	—	(16.56)
’21	—	—	—	—	(15.03)

Fiscal quarters ending in the months shown.

Revenue $m

	May	Aug	Nov	Feb	Year
’26	1	1	—	—	—
’26	0	1	1	2	4
’25	0	0	0	0	1
’24	0	0	0	0	0
’23	—	—	—	0	0
’22	—	—	—	—	1
’21	—	—	—	—	2

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	May	Aug	Nov	Feb	Year
’26	(2)	(2)	—	—	—
’26	(1)	1	(2)	(2)	(5)
’25	(1)	(1)	(1)	(2)	(5)
’24	(1)	0	0	(3)	(6)
’23	—	—	—	3	(4)
’22	—	—	—	—	(8)
’21	—	—	—	—	(6)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	May	Aug	Nov	Feb	Year
’26	(3)	(2)	—	—	—
’26	(1)	1	(2)	(3)	(6)
’25	(1)	(1)	(1)	(2)	(6)
’24	(1)	0	0	(4)	(7)
’23	—	—	—	0	(6)
’22	—	—	—	—	(9)
’21	—	—	—	—	(7)

Fiscal quarters ending in the months shown.

Group	Line	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026	TTM Aug ’26	Trend	10 yrs	2027e	2028e	2029e	Next 3/yr
													Ten-year view		Analyst estimates Powerpack
Income, $m
Income, $m	Revenue	1	0	0	1	2	1	0	0	1	4	5		+21.6%	8	17	68	+163.5%
	Gross margin, %	57.52	30.49	(42.72)	26.69	66.10	44.50	7.29	13.34	0.66	17.56	17.27		(40.0) pt	Powerpack NextTrip, Inc.’s next three years, line by line Analysts expect revenue to grow 163.5% a year to 2029 — faster than the 21.6% of the last 9 years. See the consensus for every other line: earnings, margins, cash flow, valuation and returns. Unlock estimates Try Powerpack free for 7 days, then $99 / year ($8.25 a month). Cancel any time. Also in Powerpack: every quarter, Excel exports, API & MCP access. Compare plans
	EBT	(4)	(6)	(6)	(5)	(7)	(9)	(5)	(7)	(10)	(16)	(15)		+15.3%
	EBT margin, %	(690.25)	(1,434.43)	(1,570.78)	(643.98)	(447.06)	(1,378.87)	(1,314.92)	(1,450.92)	(2,018.55)	(427.95)	(319.06)		+262.3 pt
	Net income	(4)	(6)	(6)	(5)	(7)	(9)	(5)	(7)	(10)	(16)	(15)		+15.3%
Per share, $
Per share, $	Revenue	29.14	11.26	6.84	4.22	3.36	1.20	5.35	2.01	0.11	0.42	0.32		(37.6%)
	Earnings	(200.95)	(161.57)	(107.50)	(36.61)	(15.03)	(16.56)	(70.32)	(32.12)	(2.23)	(1.82)	(1.27)		(40.7%)
	Cash flow	(119.93)	(109.07)	(93.79)	(25.12)	(12.82)	(15.65)	(52.97)	(25.10)	(1.11)	(0.51)	(0.60)		(45.5%)
	Capex	(6.39)	(6.62)	(3.53)	(1.56)	(0.73)	(0.74)	(32.92)	(4.49)	(0.12)	(0.15)	(0.08)		(34.0%)
	Free cash flow	(126.31)	(115.70)	(97.32)	(26.68)	(13.55)	(16.39)	(85.89)	(29.60)	(1.23)	(0.66)	(0.68)		(44.2%)
	Book value	136.90	50.30	11.09	26.96	26.17	9.67	6.76	13.70	1.61	0.65	0.32		(44.9%)
	Shares, m	0	0	0	0	0	1	0	0	5	9	12		+94.9%
Valuation, ×
Valuation, ×	P/E	0.00	0.00	0.00	2.53	4.92	0.00	0.00	0.00	0.00	0.00	0.00		0.7
	P/S	21.37	43.82	33.88	11.00	7.81	0.00	0.00	1.47	36.25	6.99	3.29		16.3
	P/B	3.42	5.96	17.71	2.51	1.41	0.89	1.76	0.22	2.47	4.51	3.31		4.1
	EV/Sales	18.22	38.40	33.62	7.86	2.87	(8.54)	(1.67)	0.77	34.13	6.56	3.26		13.2
	EV/FCF	(3.16)	(2.27)	(2.00)	(1.81)	(1.00)	(0.19)	(0.09)	(0.07)	(2.95)	(3.99)	(1.53)		(1.8)
Cash, $m
Cash, $m	Operating cash flow	(3)	(4)	(6)	(5)	(6)	(8)	(4)	(6)	(5)	(5)	(9)		+6.3%
	Capex	0	0	0	0	0	0	(2)	(1)	(1)	(1)	(1)		+28.6%
	Free cash flow	(3)	(4)	(6)	(5)	(7)	(9)	(6)	(7)	(6)	(6)	(10)		+8.8%
Balance, $m
Balance, $m	Working capital	2	1	0	4	12	4	(2)	0	0	(1)	(3)		n/m
	Net debt	(2)	(1)	0	(4)	(11)	(3)	0	0	(1)	(2)	0		+0.6%
	Shareholders’ equity	3	2	1	5	13	5	0	3	7	6	5		+7.5%
Returns, %
Returns, %	ROA	(168.10)	(191.87)	(306.63)	(189.65)	(76.64)	(89.53)	(86.87)	(133.77)	(135.76)	(141.20)	(116.33)		+26.9 pt
	ROIC	(162.87)	(763.94)	(705.79)	(243.47)	(375.14)	(245.34)	(1,535.19)	(126.58)	(73.51)	(245.66)	(198.62)		(82.8) pt
	ROE	(221.84)	(235.47)	(529.47)	(241.04)	(83.09)	(97.57)	(181.10)	(406.42)	(194.45)	(247.61)	(288.69)		(25.8) pt
People
People	Employees	12	16	21	20	33	25	—	27	22	41	—		+14.6%
	Revenue/emp, $m	0.05	0.02	0.02	0.04	0.05	0.03	0.00	0.02	0.02	0.09	—		+6.0%

Negative figures in brackets.

estimates

All 10 years →

Fiscal years to Feb 2026 · latest quarter Aug 2026 · fundamentals updated 2 Nov 2026

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
MMYT MakeMyTrip Limited	$4.8B	120×	123×	+2.54% (above 0%: growing)	n/m	+3.81% (above 0%: growing)	82.57%	15.59%	Compare
TNL Travel + Leisure Co.	$4.5B	19.7×	10.4×	+5.46% (above 0%: growing)	+4.12% (above 0%: growing)	−18.38% (below 0%: shrinking)	50.32%	17.71%	Compare
LIND Lindblad Expeditions	$2.1B	728×	172×	+12.07% (above 0%: growing)	n/m	−109.52% (below 0%: shrinking)	49.50%	15.88%	Compare
PRSU Pursuit Attractions and Hospitality, Inc.	$1.5B	39.9×	29.9×	+14.35% (above 0%: growing)	+175.00% (above 0%: growing)	−139.39% (below 0%: shrinking)	92.82%	18.59%	Compare
TRIP TripAdvisor, Inc.	$864.9M	— (loss-making)	40.7×	−21.08% (below 0%: shrinking)	n/m	−158.86% (below 0%: shrinking)	0.00%	0.00%	Compare
YTRA Yatra Online, Inc.	$52.7M	— (loss-making)	9.7×	−18.88% (below 0%: shrinking)	−32.00% (below 0%: shrinking)	−145.70% (below 0%: shrinking)	100.00%	2.98%	Compare
TOUR Tuniu Corporation	$45.5M	16.3×	28.5×	+8.76% (above 0%: growing)	−94.19% (below 0%: shrinking)	+56.08% (above 0%: growing)	55.03%	(4.38%)	Compare
AHMA Ambitions Enterprise Management Co. L.L.C	$33.9M	—	—	—	—	—	—	—	Compare
NTRP NextTrip, Inc.	$16.5M	— (loss-making)	— (loss-making)	−27.84% (below 0%: shrinking)	n/m	−546.71% (below 0%: shrinking)	32.19%	(606.77%)
Median of peers	$1.2B	39.9×	29.9×	+5.46%	−13.94%	−109.52%	55.03%	15.59%

All 17 Travel Services stocks →

Pay and ownership Proxy statement filed 21 August 2026

Ownership

Directors and executive officers, together 40.00%

Donald P. Monaco 15.20%

William Kerby 11.00%

David Jiang 11.00%

Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

NextTrip, Inc. (NTRP) Latest News

21 Oct

Impact 4 · 8:31 AM · ACCESS Newswire

NextTrip Announces Canadian Travel Joint Venture with The Travel Agent Next Door

15 Oct

Impact 4 · 4:07 PM · ACCESS Newswire

NextTrip Reports Fiscal Second Quarter 2027 Results and Completes Key Platform Integration Initiatives

Impact 3 · 4:45 PM · Zacks

NextTrip, Inc. (NTRP) Reports Q2 Loss, Lags Revenue Estimates

8 Oct

Impact 4 · 8:01 AM · ACCESS Newswire

NextTrip Reports More Than 307 Million JOURNY TV Viewing Minutes and Strong Advertising Monetization Gains

6 Oct

Impact 3 · 8:31 AM · ACCESS Newswire

NextTrip to Present at Planet MicroCap Toronto 2026

24 Sep

Impact 4 · 8:01 AM · ACCESS Newswire

NextTrip Launches "NextTrip LIVE" Destination Entertainment Platform with First Music Experience Scheduled for November in Riviera Cancún

9 Sep

Impact 4 · 8:01 AM

NextTrip Expands JOURNY TV to LG Smart TVs Across 20 International Markets, Further Scaling Global Content-to-Commerce Platform

1 Sep

Impact 3 · 8:01 AM

NextTrip Chairman Converts Approximately $3.5 Million of Company Debt into Long-Term Equity

20 Aug

Impact 4 · 8:01 AM

NextTrip Launches NextTrip Pro, Integrated B2B Travel Platform Designed to Expand Advisor Distribution, Bookings and Recurring Revenue

6 Aug

Impact 4 · 8:01 AM

NextTrip Advances Global Expansion of JOURNY TV Through GoUSA TV Integration and KC Global Media Partnership

22 Jul

Impact 4 · 9:20 AM

NextTrip Secures $4.6 Million Strategic Growth Capital to Accelerate Expansion and Strengthen Capital Structure

15 Jul

Impact 4 · 4:10 PM

NextTrip Reports First Quarter Fiscal 2027 Results Highlighted by More Than 900% Revenue Growth and Expanding Higher-Margin Media & Travel Initiatives

7 Jul

Impact 3 · 9:01 AM

NextTrip Expands Global Advertising Sales Organization with Four Senior Industry Executives to Accelerate Media Monetization Strategy

11 Jun

Impact 4 · 8:01 AM

NextTrip Acquires Controlling Interest in Fully Licensed TikTok Partner Agency YADA, Accelerating Vision to Build a Global Creator, Entertainment and Travel Commerce Ecosystem

21 May

Impact 4 · 9:01 AM · ACCESS Newswire

NextTrip Reports Preliminary Fiscal Year 2026 Results, Signaling Emergence of a New Category at the Intersection of Media and Travel

12 May

Impact 4 · 9:01 AM · ACCESS Newswire

NextTrip Appoints Travel Technology Veteran Brad Buice as Chief Technology Officer and Expands Global Media Sales Force to Power Next Phase of Global Media-to-Commerce Growth

31 Mar

Impact 4 · 7:30 AM · ACCESS Newswire

NextTrip Unveils Next-Generation Agentic AI-Powered Consumer Engagement Tools Across Global JOURNY Streaming Platforms

19 Mar

Impact 4 · 9:01 AM · ACCESS Newswire

NextTrip Strengthens Global Media Leadership as JOURNY Streaming Network Expands

9 Mar

Impact 4 · 8:00 AM · ACCESS Newswire

Vanderbilt Report: NextTrip Holdings Bets on Integrated Travel Commerce as $1.5 Trillion Market Shifts Away from Legacy Booking Giants

6 Mar

Impact 4 · 8:10 AM · ACCESS Newswire

NextTrip Signs Agreement with J. Bradley Hilton's Hilton Advisory Group to Accelerate Premium Wellness Travel Products Across JOURNY.tv and Five Star Alliance

10 Feb

Impact 4 · 9:01 AM · ACCESS Newswire

NextTrip Updates Shareholders on KC Global Media Joint Venture, JOURNY International Expansion, and GoUSA Channel Integration

4 Feb

Impact 4 · 4:00 AM · ACCESS Newswire

Vanderbilt Report: NextTrip's 'Watch It, Book It' Model Gains Momentum as Revenue Surges and Company Acquires 200M-Viewer Travel Platform

3 Feb

Impact 4 · 9:01 AM

NextTrip Closes Acquisition of GoUSA TV Assets, Expanding Strategic Media Footprint and Strengthening the "Media-to-Travel" Ecosystem

14 Jan

Impact 4 · 4:30 PM · ACCESS Newswire

NextTrip, Inc. Reports Third Quarter 2026 Financial Results

22 Dec

Impact 3 · 9:00 AM · ACCESS Newswire

NextTrip Announces Pricing of Private Placement Financing of $3 Million

10 Dec

Impact 4 · 10:15 AM

NextTrip Tackles Travel's Biggest Frustration: Why Finding a Hotel Takes Longer Than the Flight There

4 Dec

Impact 4 · 9:01 AM · ACCESS Newswire

NextTrip's JOURNY Expands Global Reach with Launch on Apple iOS, Roku, and Android

20 Nov

Impact 4 · 8:07 AM · ACCESS Newswire

Vanderbilt Report: How Gaming Veterans are Fixing Travel's $8 Billion Conversion Problem

19 Nov

Impact 4 · 9:01 AM · ACCESS NewswireMotley FoolMotley FoolGuruFocus.comGuruFocus.comGuruFocus.comGuruFocus.com

NextTrip Signs Letter of Intent and Enters Exclusive Discussions to Acquire GoUSA TV Platform

11 Nov

Impact 4 · 8:07 AM

Vanderbilt Report: NextTrip Bets Big On Group Travel Technology

Insider Decisions last twelve months

Capital & Financial Ratios $m

Valuation vs history

Dividends

Assets vs Liabilities $m

Compound Annual Growth %

Earnings Trends EPS, adjusted, against the consensus

EPS $

Revenue $m

Operating Cash Flow $m

Free Cash Flow $m

Target Price Range

Recommendation Rating

Ten years at a glance Fiscal years to February

NextTrip, Inc. vs peers in Travel Services (Q) = latest quarter vs a year earlier

Pay and ownership Proxy statement filed 21 August 2026

Ownership

NextTrip, Inc. (NTRP) Latest News

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9 Sep

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22 Jul

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21 May

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31 Mar

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