Nextplat Overview

  • Year Founded
  • 1997

Year Founded

  • Status
  • Public

  • Employees
  • 180

Employees

  • Stock Symbol
  • NXPL

Stock Symbol

  • Investments
  • 4

  • Share Price
  • $0.80
  • (As of Tuesday Closing)

Nextplat General Information

Description

NextPlat Corp is an e-commerce and healthcare company. Its e-commerce venues form an effective network serving thousands of consumers, enterprises, and governments. Its healthcare business is focused on improving the lives of patients with complex chronic diseases through patient and provider engagement and their partnerships with payors, pharmaceutical manufacturers, and distributors, offering a broad range of solutions to address the dispensing, delivery, dosing, and reimbursement of clinically intensive, high-cost drugs. The company operates in two segments: e-Commerce Operations involves acquiring and leasing an e-commerce platform; and Healthcare Operations provides TPA, data management, COVID-19 related diagnostics and vaccinations, prescription pharmaceuticals, and Others.

Contact Information

Website
www.nextplat.com
Formerly Known As
Orbital Tracking Corp., Eclips Energy Technologies, Silver Horn Mining, World Energy Solutions, Orbsat Corp, Swifty Carwash & Quick Lube, Swifty Carwash & Quick Lube Inc, Orbsat, Eclips Media Technologies, Inc., Advanced 3-D Ultrasound Services Inc, Eclips Energy Technologies, Inc., Swifty Carwash & Quik Lube Inc, Silver Horn Mining Ltd., Yseek Inc, Great West Resources, Inc.
Ownership Status
Publicly Held
Financing Status
Corporation
Corporate Office
  • 3250 Mary Street
  • Suite 410
  • Coconut Grove, FL 33133
  • United States
+1 (305)
Primary Industry
Wireless Communications Equipment
Stock Exchange
NAS
Vertical(s)
Manufacturing, Industrials, TMT, FinTech
Corporate Office
  • 3250 Mary Street
  • Suite 410
  • Coconut Grove, FL 33133
  • United States
+1 (305)

Nextplat Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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Nextplat Stock Performance

As of 15-Jul-2025, Nextplat’s stock price is $0.80. Its current market cap is $20.7M with 26M shares.

(As of Tuesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$0.80 $0.73 $0.43 - $2.30 $20.7M 26M 63.3K -$0.65

Nextplat Financials Summary

As of 31-Mar-2025, Nextplat has a trailing 12-month revenue of $62.5M.

In Thousands,
USD 		TTM 31-Mar-2025 FY 2024 31-Dec-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022
EV 3,983 17,495 23,644 6,525
Revenue 62,515 65,483 37,756 11,710
EBITDA (21,177) (21,195) (20,695) (6,736)
Net Income (13,887) (14,025) (3,778) (9,161)
Total Assets 35,204 36,478 64,469 28,644
Total Debt 2,026 2,259 3,007 1,075
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Nextplat Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Nextplat Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
NextPlat Corp is an e-commerce and healthcare company. Its e-commerce venues form an effective network serving thousands
Wireless Communications Equipment
Coconut Grove, FL
180 As of 2024

Carlsbad, CA
 

Covington, LA
 
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Nextplat Competitors (4)

One of Nextplat’s 4 competitors is ViaSat, a Corporation company based in Carlsbad, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
ViaSat Corporation Carlsbad, CA
Globalstar Formerly PE-Backed Covington, LA
Iridium Communications Corporate Backed or Acquired McLean, VA
Thuraya Telecommunications Formerly PE-Backed Dubai, United Arab Emirates
To view Nextplat’s complete competitors history, request access »

Nextplat Patents

  • 4

    Total Documents Applications and Grants

  • Total Patents Families

  • 3

    Granted

  • Pending

  • Expiring in next 12 mo

Nextplat Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
FR-2987295-B1 Welding torch inducing fusion welding of material Inactive 29-Feb-2012
FR-2987295-A1 Welding torch, useful as e.g. plasma type welding torch, comprises deflecting unit arranged to guide and deflect flow of active gas from second opening and to guide flow of active gas so that active gas converges at base of first opening Active 29-Feb-2012
FR-2966757-A1 Plasma and laser welding torch useful in welding assembly for inducing welding of material by fusion, comprises nozzle having opening for passage of flow of energy inducing fusion of material, energy flow generation system, and torch body Active 02-Nov-2010
FR-2966757-B1 Welding torch inducing fusion welding of material Active 02-Nov-2010 B23K9/167

Nextplat Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Nextplat Investments & Acquisitions (4)

Nextplat’s most recent deal was a Secondary Transaction - Private with Progressive Care. The deal was made on 01-Oct-2024.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Progressive Care 01-Oct-2024 Secondary Transaction - Private Practice Management (Healthcare)
Outfitter Satellite 01-Apr-2024 Merger/Acquisition Wireless Communications Equipment
Progressive Care 09-May-2023 PIPE Practice Management (Healthcare)
H-Hybrid Technologies 29-Sep-2008 Merger/Acquisition Alternative Energy Equipment
To view Nextplat’s complete investments and acquisitions history, request access »

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Nextplat Affiliates

Subsidiaries (2)

Name Industry Location Year Founded
Outfitter Satellite Nashville, TN 1995
Progressive Care Hallandale Beach, FL 1988

Nextplat FAQs

  • When was Nextplat founded?

    Nextplat was founded in 1997.

  • Where is Nextplat headquartered?

    Nextplat is headquartered in Coconut Grove, FL.

  • What is the size of Nextplat?

    Nextplat has 180 total employees.

  • What industry is Nextplat in?

    Nextplat’s primary industry is Wireless Communications Equipment.

  • Is Nextplat a private or public company?

    Nextplat is a Public company.

  • What is Nextplat’s stock symbol?

    The ticker symbol for Nextplat is NXPL.

  • What is the current stock price of Nextplat?

    As of 15-Jul-2025 the stock price of Nextplat is $0.80.

  • What is the current market cap of Nextplat?

    The current market capitalization of Nextplat is $20.7M.

  • What is Nextplat’s current revenue?

    The trailing twelve month revenue for Nextplat is $62.5M.

  • Who are Nextplat’s competitors?

    ViaSat, Globalstar, Iridium Communications, and Thuraya Telecommunications are competitors of Nextplat.

  • What is Nextplat’s annual earnings per share (EPS)?

    Nextplat’s EPS for 12 months was -$0.65.

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