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OSAT

NextPlat Corp

Investor Moves

NameValueActionChangePriceLast Price
Ken GriffinCitadel Advisors
$-35.7K
ExitQ1 2026
$36k
--
$3.75
Jim SimonsRenaissance Technologies
$15k41.4k shares
TrimQ1 2026
$1.5k
$0.372
$3.75
Ken GriffinCitadel Advisors
$-4.6K
TrimQ4 2025
$4.6k
--
$3.75
Jim SimonsRenaissance Technologies
$641
AddQ4 2025
$641
--
$3.75
Jim SimonsRenaissance Technologies
$2.1K
AddQ3 2025
$2.1k
--
$3.75
Ken GriffinCitadel Advisors
$-46.0K
ExitQ2 2025
$46k
--
$3.75
Trade OSAT

About NextPlat Corp

NextPlat Corp, operating through its subsidiaries, provides a comprehensive suite of mobile satellite services (MSS) solutions across both domestic and international markets. These sophisticated offerings enable satellite-powered voice and data communication, personnel and asset tracking, machine-to-machine (M2M) interactions, and Internet of Things (IoT) connectivity. The company's portfolio includes essential satellite communication systems, IoT tracking technologies, reliable internet access, and crucial emergency locator beacons. Beyond satellite, NextPlat also develops advanced tracking and monitoring systems that integrate automatic identification system (AIS), 2G-5G cellular networks, push-to-talk, and two-way radio technologies. Furthermore, it supplies a variety of equipment integral to mobile satellite services. A key proprietary offering is GTCTrack, a cloud-based, subscription-model mapping and tracking portal. This platform empowers managers with near-real-time data visualization and management capabilities, allowing for effective monitoring, command, and control of assets. NextPlat also offers equipment for short-term rental to accommodate temporary usage requirements. These versatile solutions cater to a diverse client base, including commercial enterprises, government agencies, military operations, humanitarian groups, and individual users. They facilitate vital functions such as reliable communication, remote internet access, tracking and monitoring of assets and isolated personnel, and critical SOS assistance via satellite. NextPlat reaches its customers through multiple channels: direct sales to end-users, an extensive network of resellers, dedicated e-commerce websites showcasing a broad range of MSS products, and the availability of portable satellite voice, data, and tracking solutions via various third-party online marketplaces. Established in Aventura, Florida, in 1997 as Orbital Tracking Corp., the company was later known as Orbsat Corp. following a name change in August 2019, before becoming NextPlat Corp.

CEO
David Phipps
IPO Date
Apr 6, 1999

Market Data

OpenThe first traded price for the current trading session.
$3.79
HighThe highest traded price in the current trading session.
$3.80
LowThe lowest traded price in the current trading session.
$3.71
VolumeTotal shares traded during the current trading session.
21K
Avg VolumeAverage number of shares traded per session, as reported by FMP.
69.8K
52W HighThe highest traded price over the past 52 weeks.
$21.75
52W LowThe lowest traded price over the past 52 weeks.
$3.05

Valuation

Market CapCompany equity value based on share price multiplied by shares outstanding.
$53.3M
Enterprise ValueMarket cap plus debt and other claims, less cash and equivalents.
$6.5M
Dividend YieldAnnualized dividend yield relative to the current share price.
0.00%

Financials

Free Cash FlowOperating cash flow minus capital expenditures from the latest annual cash flow statement.
-$6.2M
RevenueTotal sales from the latest annual income statement.
$54.3M
Net IncomeProfit after expenses and taxes from the latest annual income statement.
-$11.7M
CashCash and equivalents, or cash plus short-term investments, from the latest balance sheet.
$13.7M
DebtTotal debt from the latest balance sheet.
$1.5M

Events

EarningsMay 14

actual -0.42

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