Name | Value |
---|---|
Revenues | 17.0M |
Cost of Revenue | 11.2M |
Gross Profit | 5.8M |
Operating Expense | 16.7M |
Operating I/L | -10.9M |
Other Income/Expense | 0.2M |
Interest Income | 0.2M |
Pretax | -10.7M |
Income Tax Expense | 0.0M |
Net Income/Loss | -5.3M |
NextPlat Corp and its subsidiaries provide mobile satellite services (MSS) solutions for satellite-enabled voice, data, personnel and asset tracking, machine-to-machine, and Internet of Things (IoT) connectivity services globally. Their offerings include satellite communications products, GPS enabled emergency locator distress beacons, SolarTrack IoT tracking device, and GTCTrack subscription-based mapping and tracking portal. They cater to businesses, governments, military, humanitarian organizations, and individual users, selling directly and through reseller networks and e-commerce websites. NextPlat Corp generates revenue by offering a range of MSS products and solutions, including portable satellite voice, data, and tracking solutions through various third-party e-commerce storefronts.