📊 NTRP Key Takeaways
Is NTRP a Good Investment? Thesis Analysis
NextTrip is in severe financial distress with catastrophic profitability metrics, burning cash at an unsustainable rate, and deteriorating liquidity. The company operates at massive losses with negative operating cash flow of -2.5M and negative margins exceeding -500%, indicating a fundamentally broken business model that requires immediate restructuring or strategic intervention.
Why Buy NTRP? Key Strengths
- Positive revenue growth of 9.3% YoY demonstrates market demand for services
- Gross margin of 20.1% indicates the core product has economic viability at the unit level
- Maintains positive stockholders equity of 5.9M and no long-term debt, providing some balance sheet cushion
NTRP Investment Risks to Consider
- Operating income of -10.9M on 2.1M revenue indicates completely unsustainable cost structure with negative 521% operating margin
- Negative free cash flow of -2.5M and operating cash burn will deplete the 2.4M cash position within approximately one year at current rates
- Current ratio of 0.85x and quick ratio of 0.70x signal immediate liquidity crisis, with liabilities exceeding current assets
- Net loss of -10.6M on minimal revenue suggests serious operational inefficiencies or excessive overhead that cannot support growth
- Zero insider Form 4 filings in 90 days may indicate lack of confidence or inactivity in management
Key Metrics to Watch
- Quarterly operating cash flow trend and months of cash runway remaining
- Revenue growth sustainability and gross margin stability
- Operating expense reduction progress and path to positive EBITDA
NTRP Financial Metrics
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
NTRP Profitability Ratios
NTRP vs Default Sector
How NextTrip, Inc. compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is NTRP Overvalued or Undervalued?
Based on fundamental analysis, NextTrip, Inc. has mixed fundamental signals relative to the Default 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.
NTRP Balance Sheet & Liquidity
NTRP 5-Year Financial Trend & Growth Analysis
5-Year Trend Summary: NextTrip, Inc.'s revenue has declined by 38% over the 5-year period, indicating business contraction. The most recent EPS of $-32.12 indicates the company is currently unprofitable.
NTRP Growth Metrics (YoY)
NTRP Quarterly 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.
NTRP Capital Allocation
NTRP SEC 10-K & 10-Q Filing 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 an AI rating of STRONG SELL with 92% confidence, based on fundamental analysis of SEC EDGAR filings.
What are NTRP's key strengths?
Claude: Positive revenue growth of 9.3% YoY demonstrates market demand for services. Gross margin of 20.1% indicates the core product has economic viability at the unit level.
What are the risks of investing in NTRP?
Claude: Operating income of -10.9M on 2.1M revenue indicates completely unsustainable cost structure with negative 521% operating margin. Negative free cash flow of -2.5M and operating cash burn will deplete the 2.4M cash position within approximately one year at current rates.
What is NTRP's revenue and growth?
NextTrip, Inc. reported revenue of $2.1M.
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 $-1.39.
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 rating reflects both perspectives for balanced insights.
Is NTRP a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, NextTrip, Inc. has a STRONG SELL rating with 92% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is NTRP stock overvalued or undervalued?
Valuation metrics for NTRP: ROE of -180.5% (sector avg: 15%), net margin of -507.1% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
Should I buy NTRP stock in 2026?
Our dual AI analysis gives NextTrip, Inc. a combined STRONG SELL rating 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 $-2.5M, with capital expenditures of $9.3K. FCF margin is -117.3%.
How does NTRP compare to other Default stocks?
Vs Default sector averages: Net margin -507.1% (avg: 12%), ROE -180.5% (avg: 15%), current ratio 0.85 (avg: 1.8).