NextTrip, Inc. reported results for the first quarter ended May 31, 2026, with revenue of $1.452M and a net loss applicable to common stockholders of $3.145M; basic and diluted loss per share was $(0.22). Revenue rose sharply versus the year‑ago quarter as the company expanded group travel and cruise bookings, while losses narrowed year over year.
Financial Highlights
- Revenue: $1.452M for Q1 2027 (three months ended May 31, 2026), up from $138.8K in the year‑ago quarter; YoY change ~946%.
- Net income: Net loss applicable to common stockholders $3.145M for Q1 2027, improved from a net loss of $4.522M in the year‑ago quarter.
- Diluted EPS: Basic and diluted loss per common share $(0.22) for Q1 2027 vs. $(0.68) in the year‑ago quarter.
Business Highlights
- Revenue Growth: Revenue surge driven by increased group travel and cruise bookings, reflecting expanding commercial traction.
- Channel Shift: A move from higher‑margin agent commission bookings to merchant‑of‑record bookings reduced gross margin to 14%.
- Brand Momentum: Integration of media and travel assets — including JOURNY.tv, GoUSA TV, Five Star Alliance and TA Pipeline — to strengthen the audience‑to‑booking funnel.
- Product & Platform: Launched JournyGO, Travel Magazine Pro, Promethean overlay and NXT2.0 upgrades to enable Watch‑Scan‑Book commerce.
- Operational Expansion: Completed multiple acquisitions and a joint venture (YADA, FSA, TA Pipeline, KC Global Media) and scaled global content distribution.
Original SEC Filing:
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