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NextTrip
NextTrip (NTRP) investor relations material
NextTrip Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary14 Jan, 2026
Executive summary
Revenue for the quarter ended November 30, 2025, increased 1,508% year-over-year to $1.2 million, with nine-month revenue up 402% to $2.1 million, driven by group travel, consortia payments, and Five Star Alliance bookings.
Deferred revenue of $1.7 million signals strong contracted business for future periods.
Operating loss for the quarter was $3.08 million, up 74% from the prior year, reflecting increased professional services, technology, and depreciation expenses.
The company completed key acquisitions (TA Pipeline, Five Star Alliance, JOURNY.tv) and launched new travel and media products, expanding its integrated travel and media ecosystem.
Strategic focus on scaling revenue, integrating acquisitions, and expanding media and travel platforms.
Financial highlights
Quarterly revenue: $1.2 million (up from $74,635 year-over-year); nine-month revenue: $2.1 million (up from $417,926 year-over-year).
Gross margin improved to 18% from -3% year-over-year, with gross profit for the quarter at $217,478.
Operating expenses for the quarter: $3.3 million (up 86% year-over-year); nine-month operating expenses: $11.3 million (up 118%).
Non-cash expenses of $2.4 million related to stock options for outgoing directors are not expected to recur.
Cash and cash equivalents as of November 30, 2025: $2.4 million; working capital deficit: $750,124.
Outlook and guidance
Management expects continued net losses and negative cash flows as investments in technology, supplier relationships, and marketing continue.
The company estimates a minimum of $5.5 million in additional funding is required to continue operations for the next twelve months.
Fiscal 2027 (starting March 1, 2026) is expected to be a pivotal expansion year, with scaled media distribution, advertising, and commerce integrations.
Management anticipates accelerating revenue growth and margin expansion as new initiatives mature.
There is substantial doubt about the company's ability to continue as a going concern without additional financing.
How will current investments drive FY27 margin expansion
Explain GOUSA's for-profit advertising model
Describe JOURNY VOD's content monetization strategy
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Next NextTrip earnings date
Q4 202529 May, 2026
NextTrip
Next NextTrip earnings date
Q4 202529 May, 2026
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