NXPL NASDAQ
Credit Risk of going bust: higher than 62% of companies Debt: 6.4% of company value Bonds: none of note held by US funds details ▾
If the stock fell to about $0.07 (down 99.1%), NextPlat Corp would be worth roughly what it owes.
Total debt $1.6M against a stock market value of $23.0M.
Distance to default 4.03 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $596K (short-term plus half of long-term), stock volatility 85.7%; Altman Z'' -4.34. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.
Hallandale Beach, FL 33009
US
NextPlat Corp, along with its subsidiaries, specializes in providing advanced mobile satellite services (MSS). These offerings encompass satellite-enabled voice and data communication, comprehensive personnel and asset tracking, machine-to-machine (M2M) solutions, and Internet of Things (IoT) connectivity, serving clients across the United States and internationally. Their product portfolio features satellite communication devices that empower users to make voice calls, exchange text messages and emails, and transmit GPS coordinates from virtually any location. Additionally, NextPlat offers GPS-enabled emergency locator distress beacons, facilitating vital communication between individuals and search and rescue organizations during emergencies, while pinpointing precise locational information. Another innovative product is SolarTrack, a solar-powered IoT tracking device designed for monitoring mobile or remote outdoor assets. The company also provides GTCTrack, a subscription-based mapping and tracking portal that allows managers to efficiently monitor, command, and control their assets in near real-time. NextPlat's solutions cater to a diverse clientele, including businesses, governmental bodies, military organizations, humanitarian groups, and individual users. Distribution channels include direct sales to end-users, established reseller networks, company-operated e-commerce websites offering a broad spectrum of MSS products, and various third-party e-commerce storefronts for portable satellite voice, data, and tracking solutions. Formerly known as Orbsat Corp, the company adopted its current name, NextPlat Corp, in January 2022. Its corporate headquarters are situated in Coconut Grove, Florida.
Recent Insider Trades
| Name | Type | Shares | Price | Date |
|---|---|---|---|---|
| Phipps David | A-Award | 6,000 | — | 2026-10-14 |
| Bedwell Robert Phill | A-Award | 1,250 | — | 2026-10-14 |
| Ferrio Amanda | A-Award | 3,000 | — | 2026-10-14 |
| Armas Anthony | A-Award | 661 | — | 2026-09-30 |
| Barreto Rodney | A-Award | 1,323 | — | 2026-09-30 |