Skip to content

NextTrip, Inc.: 10-Q filed 2022-08-05

What NextTrip, Inc. reported in its quarterly report filed 2022-08-05 (fiscal Q2 2022): 38 published measures, 111 facts as tagged in accession 0001493152-22-021416.

This filing

Form
10-Q (quarterly report)
Filed
2022-08-05
Fiscal period
fiscal Q2 2022
Accession
0001493152-22-021416 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All NextTrip, Inc. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2022-06-309,435,391USD
At 2021-12-3113,840,990USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2022-06-30624,858USD
At 2021-12-31981,239USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2022-06-308,810,533USD
At 2022-03-3110,856,766USD
At 2021-12-3112,859,751USD
At 2021-06-3016,392,156USD
At 2021-03-3113,419,732USD
At 2020-12-315,163,732USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2022-06-306,933,499USD
At 2021-12-3111,447,047USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2022-04-01 to 2022-06-30-2,247,170USD91
2022-01-01 to 2022-06-30-4,454,565USD181
2021-04-01 to 2021-06-30-1,845,547USD91
2021-01-01 to 2021-06-30-2,496,207USD181

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2022-01-01 to 2022-06-30-4,314,503USD181
2021-01-01 to 2021-06-30-3,266,620USD181

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2022-01-01 to 2022-06-3083,848USD181
2021-01-01 to 2021-06-3052,931USD181

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

PeriodValueUnitDays
2022-04-01 to 2022-06-30236,660USD91
2022-01-01 to 2022-06-30288,504USD181
2021-04-01 to 2021-06-30144,148USD91
2021-01-01 to 2021-06-30602,288USD181

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2021-01-01 to 2021-06-3014,404,942USD181

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2022-01-01 to 2022-06-30-199,045USD181
2021-01-01 to 2021-06-30-108,021USD181

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2022-06-30-45,076,185USD
At 2021-12-31-40,593,180USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2022-04-01 to 2022-06-3010,498,802shares91
2022-01-01 to 2022-06-3010,498,802shares181
2021-04-01 to 2021-06-3010,493,598shares91
2021-01-01 to 2021-06-309,149,328shares181

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2022-04-01 to 2022-06-30-0.22USD/shares91
2022-01-01 to 2022-06-30-0.43USD/shares181
2021-04-01 to 2021-06-30-0.18USD/shares91
2021-01-01 to 2021-06-30-0.28USD/shares181

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2022-06-30265,678USD
At 2021-12-31232,282USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2022-04-01 to 2022-06-30167,439USD91
2022-01-01 to 2022-06-30338,415USD181
2021-04-01 to 2021-06-30116,441USD91
2021-01-01 to 2021-06-30233,919USD181

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2022-04-01 to 2022-06-30-2,235,840USD91
2022-01-01 to 2022-06-30-4,519,785USD181
2021-04-01 to 2021-06-30-2,140,900USD91
2021-01-01 to 2021-06-30-3,592,497USD181

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2022-06-308,140,398USD
At 2021-12-3112,683,597USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2022-04-01 to 2022-06-302,070USD91
2022-01-01 to 2022-06-303,389USD181
2021-04-01 to 2021-06-302,029USD91
2021-01-01 to 2021-06-303,382USD181

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2022-06-30624,858USD
At 2021-12-31981,239USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2022-06-30240,400USD
At 2021-12-31206,442USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

PeriodValueUnitDays
At 2022-06-301,029,315USD
At 2021-12-31925,111USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2022-06-30291,758USD
At 2021-12-31412,192USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2022-04-01 to 2022-06-302,279,425USD91
2022-01-01 to 2022-06-304,575,123USD181
2021-04-01 to 2021-06-302,168,651USD91
2021-01-01 to 2021-06-303,950,057USD181

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2022-06-30783,666USD
At 2021-12-31710,080USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2022-04-01 to 2022-06-3043,585USD91
2022-01-01 to 2022-06-3055,338USD181
2021-04-01 to 2021-06-3027,751USD91
2021-01-01 to 2021-06-30357,560USD181

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

PeriodValueUnitDays
2022-04-01 to 2022-06-30193,075USD91
2022-01-01 to 2022-06-30233,166USD181
2021-04-01 to 2021-06-30116,397USD91
2021-01-01 to 2021-06-30244,728USD181

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

PeriodValueUnitDays
2022-04-01 to 2022-06-30146,885USD91
2022-01-01 to 2022-06-30290,303USD181
2021-04-01 to 2021-06-30280,700USD91
2021-01-01 to 2021-06-30477,040USD181

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2022-06-3010,498,802shares
At 2021-12-3110,498,802shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2022-06-3053,876,218USD
At 2021-12-3153,442,431USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

PeriodValueUnitDays
At 2022-06-30253,754USD
At 2021-12-31625,942USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2022-04-01 to 2022-06-30-2,247,170USD91
2022-01-01 to 2022-06-30-4,454,565USD181
2021-04-01 to 2021-06-30-1,845,547USD91
2021-01-01 to 2021-06-30-2,496,207USD181

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

PeriodValueUnitDays
2022-04-01 to 2022-06-30-2,261,390USD91
2022-01-01 to 2022-06-30-4,483,005USD181
2021-04-01 to 2021-06-30-1,859,767USD91
2021-01-01 to 2021-06-30-2,571,334USD181

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2022-04-01 to 2022-06-30303,600USD91
2022-01-01 to 2022-06-30509,032USD181
2021-04-01 to 2021-06-30151,871USD91
2021-01-01 to 2021-06-30300,096USD181

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

PeriodValueUnitDays
2022-04-01 to 2022-06-3029,861USD91
2022-01-01 to 2022-06-3061,445USD181
2021-04-01 to 2021-06-3025,783USD91
2021-01-01 to 2021-06-3048,814USD181

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2022-04-01 to 2022-06-30-11,330USD91
2022-01-01 to 2022-06-3065,220USD181
2021-04-01 to 2021-06-30295,353USD91
2021-01-01 to 2021-06-301,096,290USD181

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2022-01-01 to 2022-06-303,389USD181
2021-01-01 to 2021-06-303,382USD181

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2022-01-01 to 2022-06-30-120,434USD181
2021-01-01 to 2021-06-3057,888USD181

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

PeriodValueUnitDays
2022-01-01 to 2022-06-3073,586USD181
2021-01-01 to 2021-06-30187,348USD181

Inspect the source

Entity
NextTrip, Inc. / CIK 0000788611
Captured
2026-09-19T15:03:59.498Z
SEC response SHA-256
23a6c7ec8e3039b5a61dd48b0dc5ab39318a8131c4cc59c702201a710f500292

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.

Research methodology · Execution and cost assumptions · Check backtest overfitting

Build with the open-source tools

Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0000788611.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))