Saturday 17 October 2026 Export NTRP’s income statement to Excel — free account

NextTrip, Inc.

NextTrip, Inc.’s revenue for fiscal 2026 (year ended February 2026) was $3.7 million, up 641.0% from fiscal 2025. In the quarter to May 2026, revenue grew 945.9%, EPS grew 67.7%, free cash flow fell 81.2% and total debt was flat, each against the same quarter a year earlier. Revenue growth for three consecutive years; insiders bought in the last twelve months.

1.36 0.31 −18.56%

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Market cap: $25.2M
P/E: 0.0×
Fwd P/E: −5.9×
Dividend yield: —
F-score: 3/9
Altman Z: −7.23
Beneish M: −1.51
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.30

Total sells 0.16

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	1	—	—	—	—	—	1	1	—	—	1	—
Sell	—	—	—	—	—	—	—	—	—	—	—	1

Insider Ownership 52.22%

Capital & Financial Ratios $m

Market Cap 25.20

Revenue 5.03

Net Income (14.58)

Free Cash Flow (7.07)

Net Debt (0.71)

Current Ratio 0.61

Debt/Equity 0.02

P/E ratio 0.00

Fwd P/E (5.86)

P/S ratio 3.87

P/B ratio 3.98

Past 5Y EPS Growth —

This Y EPS Growth 67.12%

Next Y EPS Growth 98.31%

Next Y revenue growth 123.36%

Next 5Y EPS Growth 81.97%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 7.99%

10-year low 10-year high

P/B against its own 10 years 64.69%

10-year low 10-year high

EV/Sales against its own 10 years 13.69%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2018	Powerpack
2017	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

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

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

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%

Revenue $m

	May	Aug	Nov	Feb	Year
’26	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)	—	—	—	—
’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)	—	—	—	—
’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.

EPS $

	May	Aug	Nov	Feb	Year
’26	(0.22)	—	—	—	—
’26	(0.68)	(0.39)	(0.37)	(0.43)	(1.82)
’25	(1.55)	(1.14)	(0.35)	0.81	(2.23)
’24	(13.14)	(13.92)	(15.69)	(13.36)	(32.12)
’23	—	—	—	(3.40)	(70.32)
’22	—	—	—	—	(16.56)
’21	—	—	—	—	(15.03)

Fiscal quarters ending in the months shown.

Group	Line	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027e
Price, $
Price, $	Low	266.00	145.00	90.22	39.00	34.00	7.00	2.39	1.39	1.50	0.90	Analyst estimates 2027–2029 Powerpack
	High	1,840.00	600.00	492.00	220.00	195.00	50.40	14.20	7.99	8.50	4.09
People
People	Employees	12	16	21	20	33	25	—	27	22	41
	Revenue/emp, $m	0.05	0.02	0.02	0.04	0.05	0.03	0.00	0.02	0.02	0.09
Income, $m
Income, $m	Revenue	1	0	0	1	2	1	0	0	1	4
	Gross margin, %	57.52	30.49	(42.72)	26.69	66.10	44.50	7.29	13.34	0.66	17.56
	EBT	(4)	(6)	(6)	(5)	(7)	(9)	(5)	(7)	(10)	(16)
	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)
	Net income	(4)	(6)	(6)	(5)	(7)	(9)	(5)	(7)	(10)	(16)
	Depreciation	1	0	0	0	0	0	1	1	1	2
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
	Earnings	(200.95)	(161.57)	(107.50)	(27.16)	(15.03)	(16.56)	(70.32)	(32.12)	(2.23)	(1.82)
	Cash flow	(119.93)	(109.07)	(93.79)	(25.12)	(12.82)	(15.65)	(52.97)	(25.10)	(1.11)	(0.51)
	Capex	(6.39)	(6.62)	(3.53)	(1.56)	(0.73)	(0.74)	(32.92)	(4.49)	(0.12)	(0.15)
	Free cash flow	(126.31)	(115.70)	(97.32)	(26.68)	(13.55)	(16.39)	(85.89)	(29.60)	(1.23)	(0.66)
	Book value	136.90	50.30	11.09	26.96	26.17	9.67	6.76	13.70	1.61	0.65
	Shares, m	0	0	0	0	0	1	0	0	5	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
	P/S	21.37	43.82	33.88	11.00	7.81	0.00	0.00	1.47	36.25	6.99
	P/B	3.42	5.96	17.71	2.51	1.41	0.89	1.76	0.22	2.47	4.51
	EV/Sales	18.22	38.40	33.62	7.86	2.87	(8.54)	(1.67)	0.77	34.13	6.56
	EV/FCF	(3.16)	(2.27)	(2.00)	(1.81)	(1.00)	(0.19)	(0.09)	(0.07)	(2.95)	(3.99)
Cash, $m
Cash, $m	Operating cash flow	(3)	(4)	(6)	(5)	(6)	(8)	(4)	(6)	(5)	(5)
	Capex	0	0	0	0	0	0	(2)	(1)	(1)	(1)
	Free cash flow	(3)	(4)	(6)	(5)	(7)	(9)	(6)	(7)	(6)	(6)
Balance, $m
Balance, $m	Working capital	2	1	0	4	12	4	(2)	0	0	(1)
	Total debt	0	0	0	—	—	—	—	—	—	0
	Net debt	(2)	(1)	0	(4)	(11)	(3)	0	0	(1)	(2)
	Shareholders’ equity	3	2	1	5	13	5	0	3	7	6
Returns, %
Returns, %	ROA	(168.10)	(191.87)	(306.63)	(189.65)	(76.64)	(89.53)	(86.87)	(133.77)	(135.76)	(141.20)
	ROIC	(162.87)	(763.94)	(705.79)	(243.47)	(375.14)	(245.34)	(1,535.19)	(126.58)	(73.51)	(245.66)
	ROE	(221.84)	(235.47)	(529.47)	(241.04)	(83.09)	(97.57)	(181.10)	(406.42)	(194.45)	(247.61)

Negative figures in brackets.

All 10 years →

Fiscal years to Feb 2026 · latest quarter May 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
TNL Travel + Leisure Co.	$4.0B	17.2×	10.0×	+4.42% (above 0%: growing)	+7.36% (above 0%: growing)	0.00%	51.18%	19.76%	Compare
LIND Lindblad Expeditions	$2.3B	— (loss-making)	127×	+18.64% (above 0%: growing)	n/m	+279.01% (above 0%: growing)	48.50%	6.00%	Compare
PRSU Pursuit Attractions and Hospitality, Inc.	$1.5B	40.8×	26.9×	+14.35% (above 0%: growing)	+175.00% (above 0%: growing)	−139.39% (below 0%: shrinking)	92.82%	18.59%	Compare
TRIP TripAdvisor, Inc.	$1.1B	233×	21.2×	−7.16% (below 0%: shrinking)	−34.48% (below 0%: shrinking)	−26.17% (below 0%: shrinking)	92.98%	8.55%	Compare
YTRA Yatra Online, Inc.	$62.5M	— (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	$48.0M	14.5×	22.4×	+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	$36.9M	—	—	—	—	—	—	—	Compare
NTRP NextTrip, Inc.	$25.2M	— (loss-making)	— (loss-making)	+945.89% (above 0%: growing)	n/m	−81.22% (below 0%: shrinking)	14.33%	(200.72%)
MOND Mondee Holdings, Inc.	$13.7M	— (loss-making)	— (loss-making)	+2.74% (above 0%: growing)	n/m	−112.91% (below 0%: shrinking)	100.00%	(10.77%)	Compare
Median of peers	$581.3M	29.0×	21.8×	+4.42%	−32.00%	−26.17%	92.82%	6.00%

All 18 Travel Services stocks →

NextTrip, Inc. (NTRP) key facts

Strength: NextTrip, Inc.’s revenue for fiscal 2026 (year ended February 2026) was $3.7 million, up 641.0% from fiscal 2025.
NextTrip, Inc. (NTRP) is a Travel Services company in the Consumer Cyclical sector, listed on Nasdaq.
As of October 16, 2026, NTRP traded at $1.36, a market capitalization of $25.2 million.
Return on equity was −247.6% and debt-to-equity 0.02.
Its Piotroski F-score is 3 out of 9 and its Altman Z-score is −7.23 (distress zone) for fiscal 2026.

Source: company filings (standardised) and stockrow calculations.