NextTrip, Inc. (NTRP) Stock

NextTrip, Inc. (NTRP) is a Industrials stock trading at $1.25 (as of 2026-08-24), with a market capitalization of $18.65M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

NextTrip, Inc., through its subsidiaries, engages in the provision of travel technology solutions in the United States. The company offers NXT2.0, a booking engine technology platform, which provides travel distributors access to an inventory. It is also involved in the provision of online leisure travel agency services for booking hotels, flights, and curated vacations. The company was formerly known as Sigma Additive Solutions, Inc. and changed its name to NextTrip, Inc. in March 2024. NextTrip, Inc. is based in Sunrise, Florida.

Understand NextTrip, Inc.: how it makes money

NextTrip, Inc. provides travel technology solutions, including the NXT2.0 booking engine platform for travel distributors, and it also runs an online leisure travel agency that books hotels, flights, and curated vacations.

Its profit model depends on connecting travel demand to inventory through the NXT2.0 booking engine for distributors and its own online leisure travel agency bookings.

Business quality (Weak): Key operating metrics and reportable segments were not provided, so the engine line can only be inferred from business descriptions, while the latest profitability snapshot shows a large operating loss.

Bull case

  • Two ways to participate in travel bookings: NextTrip combines a booking engine platform (NXT2.0) for distributors with its own online leisure travel agency services for hotels, flights, and curated vacations.
  • Distributor access to inventory is a core product feature: Its NXT2.0 platform provides travel distributors access to an inventory, which is central to how it connects supply and bookings.

Bear case

  • Operating losses are large in the latest reported period: For the period ended 2025-11-30, operating margin was -257.0%, indicating substantial operating losses.
  • Limited disclosed operating detail in the provided dataset: No operational KPI labels and no segment revenue breakdown were provided, which makes it harder to assess performance drivers beyond the headline profitability figures.
Valuation — source: SEC EDGAR (first-party)
Price$1.25
Market Cap$18.65M
Price / Book5.04
Price / Sales3.71
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$3.72M
Net Margin-428.3%
Revenue Growth (YoY)945.7%
EPS Growth (YoY)-67.6%
Financial Health — source: SEC EDGAR
Altman Z-Score-7.92 (distress)
Valuation vs Sector & Industry
Sector P/E (Industrials)26.0
Industry P/E (Transportation)17.0
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderARMISTICE CAPITAL, LLC ($2.19M)
Institutional Holders Tracked10
Company
SectorIndustrials
IndustryTransportation
CEOWilliam Kerby
Employees14
CountryUS
IPO Date2010-10-14

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NTRP earnings history · NTRP institutional & insider holders · NTRP KPIs & operating metrics · NTRP financials · NTRP investor presentations & press releases · NTRP SEC filings · NTRP peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-24.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.