NextPlat Corp. (NXPL) vs VirTra, Inc. (VTSI)

NextPlat Corp. and VirTra, Inc. are both Software Application companies. VirTra, Inc. is the larger, with a market value of $32.8M against $24.6M — 1.3× the size. NextPlat Corp. grew revenue faster over the last twelve months: −16.8% against −35.4%. VirTra, Inc. has the higher net margin (−15.8% vs −18.9%) and the higher return on invested capital (−5.14% vs −73.7%). Across the 19 metrics below, NextPlat Corp. leads on 10 and VirTra, Inc. on 9.

Valuation

Metric NXPL VTSI Software Application median
P/E n/m n/m 24.79
P/S 0.50 1.85 2.67
P/B 1.48 0.73 3.01
Price to free cash flow n/m n/m 16.59
EV/EBITDA n/m n/m 14.40
EV/Sales 0.29 1.66 2.62
Earnings yield (40.73%) (8.44%) 0.00%
Free cash flow yield (17.89%) (26.00%) 1.91%

Profitability

Metric NXPL VTSI Software Application median
Gross margin 27.13% 61.39% 67.03%
Operating margin (12.92%) (19.20%) 0.00%
Net margin (18.90%) (15.83%) 0.00%
Free cash flow margin (9.26%) (48.04%) 4.32%
Return on equity (46.11%) (6.06%) 0.00%
Return on assets (30.96%) (4.15%) 0.00%
Return on invested capital (73.66%) (5.14%) 0.00%

Growth

Metric NXPL VTSI Software Application median
Revenue growth (TTM) (16.80%) (35.35%) 12.40%
EPS growth (last fiscal year) 35.29% (83.33%) —
Revenue growth, 5-year CAGR 57.03% 3.25% 13.72%
Net income growth, 5-year CAGR 0.00% (29.45%) 0.00%

Health

Metric NXPL VTSI Software Application median
Debt to equity 0.05 0.25 0.02
Current ratio 2.29 3.89 1.55
Net debt to EBITDA 1.61 (4.76) 0.06

Dividend

Metric NXPL VTSI Software Application median
Dividend yield — — 1.25%
Payout ratio 0.00 0.00 0.00

Size

Metric NXPL VTSI Software Application median
Market cap 24.55m 32.83m 396.11m

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