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NextTrip, Inc.: 10-Q filed 2025-10-15

What NextTrip, Inc. reported in its quarterly report filed 2025-10-15 (fiscal Q2 2026): 41 published measures, 115 facts as tagged in accession 0001493152-25-018172.

This filing

Form
10-Q (quarterly report)
Filed
2025-10-15
Fiscal period
fiscal Q2 2026
Accession
0001493152-25-018172 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 2025-08-3113,909,033USD
At 2025-02-289,936,153USD

Total liabilities

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

PeriodValueUnitDays
At 2025-08-317,930,497USD
At 2025-02-282,571,086USD

Stockholders equity

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

PeriodValueUnitDays
At 2025-08-315,591,536USD
At 2025-05-316,669,918USD
At 2025-02-287,365,067USD
At 2024-08-31-134,103USD
At 2024-05-311,165,706USD
At 2024-02-293,128,029USD

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 2025-08-311,837,654USD
At 2025-02-281,062,367USD

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
2025-06-01 to 2025-08-31-2,898,155USD92
2025-03-01 to 2025-08-31-7,355,388USD184
2024-06-01 to 2024-08-31-1,534,650USD92
2024-03-01 to 2024-08-31-3,513,367USD184

Operating cash flow

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

PeriodValueUnitDays
2025-03-01 to 2025-08-31-470,283USD184
2024-03-01 to 2024-08-31-1,952,548USD184

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
2025-06-01 to 2025-08-31757,648USD92
2025-03-01 to 2025-08-31896,475USD184
2024-06-01 to 2024-08-31154,498USD92
2024-03-01 to 2024-08-31343,291USD184

Financing cash flow

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

PeriodValueUnitDays
2025-03-01 to 2025-08-312,997,738USD184
2024-03-01 to 2024-08-312,120,317USD184

Investing cash flow

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

PeriodValueUnitDays
2025-03-01 to 2025-08-31-1,752,168USD184
2024-03-01 to 2024-08-31-389,568USD184

Retained earnings or deficit

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

PeriodValueUnitDays
At 2025-08-31-41,952,936USD
At 2025-02-28-34,349,823USD

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
2025-06-01 to 2025-08-317,925,763shares92
2025-03-01 to 2025-08-317,255,480shares184
2024-06-01 to 2024-08-311,359,126shares92
2024-03-01 to 2024-08-311,319,146shares184

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2025-06-01 to 2025-08-317,925,763shares92
2025-03-01 to 2025-08-317,255,480shares184
2024-06-01 to 2024-08-311,359,126shares92
2024-03-01 to 2024-08-311,319,146shares184

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
2025-06-01 to 2025-08-31-0.39USD/shares92
2025-03-01 to 2025-08-31-1.05USD/shares184
2024-06-01 to 2024-08-31-1.14USD/shares92
2024-03-01 to 2024-08-31-2.68USD/shares184

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2025-06-01 to 2025-08-31-0.39USD/shares92
2025-03-01 to 2025-08-31-1.05USD/shares184
2024-06-01 to 2024-08-31-1.14USD/shares92
2024-03-01 to 2024-08-31-2.68USD/shares184

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 2025-08-312,861USD
At 2025-02-284,119USD

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
2025-03-01 to 2025-08-31138,325USD184
2024-06-01 to 2024-08-3113,841USD92
2024-03-01 to 2024-08-3130,235USD184

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
2025-06-01 to 2025-08-31-3,202,877USD92
2025-03-01 to 2025-08-31-7,842,614USD184
2024-06-01 to 2024-08-31-1,469,292USD92
2024-03-01 to 2024-08-31-3,421,693USD184

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 2025-08-313,522,743USD
At 2025-02-282,465,509USD

Current liabilities

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

PeriodValueUnitDays
At 2025-08-315,000,390USD
At 2025-02-282,571,086USD

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 2025-08-311,377,016USD
At 2025-02-281,184,404USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

PeriodValueUnitDays
At 2025-08-313,123,684USD
At 2025-02-281,167,805USD

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 2025-08-313,507,868USD

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 2025-08-31266,916USD
At 2025-02-2822,567USD

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
2025-06-01 to 2025-08-313,368,452USD92
2025-03-01 to 2025-08-318,047,095USD184
2024-06-01 to 2024-08-311,468,335USD92
2024-03-01 to 2024-08-313,435,948USD184

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
2025-06-01 to 2025-08-31165,575USD92
2025-03-01 to 2025-08-31204,481USD184
2024-06-01 to 2024-08-31-957USD92
2024-03-01 to 2024-08-3114,255USD184

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
2025-06-01 to 2025-08-31592,073USD92
2025-03-01 to 2025-08-31691,994USD184
2024-06-01 to 2024-08-31155,455USD92
2024-03-01 to 2024-08-31329,036USD184

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 2025-08-318,117,979shares
At 2025-02-281,656,738shares

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 2025-08-3147,532,965USD
At 2025-02-2841,710,126USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

PeriodValueUnitDays
At 2025-08-314,081,003USD
At 2025-02-282,127,368USD

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 2025-08-31653,548USD
At 2025-02-28721,382USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

PeriodValueUnitDays
At 2025-08-311,418,173USD
At 2025-02-281,380,575USD

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
2025-06-01 to 2025-08-31-2,898,155USD92
2025-03-01 to 2025-08-31-7,344,081USD184
2024-06-01 to 2024-08-31-1,533,519USD92
2024-03-01 to 2024-08-31-3,521,145USD184

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
2025-06-01 to 2025-08-31-3,081,418USD92
2025-03-01 to 2025-08-31-7,603,113USD184
2024-06-01 to 2024-08-31-1,545,338USD92
2024-03-01 to 2024-08-31-3,534,743USD184

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
2025-06-01 to 2025-08-3131,736USD92
2025-03-01 to 2025-08-3162,324USD184
2024-06-01 to 2024-08-3121,677USD92
2024-03-01 to 2024-08-3149,231USD184

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
2025-06-01 to 2025-08-31216,625USD92
2025-03-01 to 2025-08-31423,274USD184
2024-06-01 to 2024-08-3195,414USD92
2024-03-01 to 2024-08-31383,000USD184

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

PeriodValueUnitDays
2025-03-01 to 2025-08-31422,016USD184
2024-03-01 to 2024-08-31383,061USD184

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

PeriodValueUnitDays
2025-06-01 to 2025-08-31583,000USD92
2025-03-01 to 2025-08-311,123,245USD184

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
2025-06-01 to 2025-08-31304,722USD92
2025-03-01 to 2025-08-31498,533USD184
2024-06-01 to 2024-08-31-64,227USD92
2024-03-01 to 2024-08-31-99,452USD184

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
2025-03-01 to 2025-08-3190,383USD184
2024-03-01 to 2024-08-318,620USD184

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

PeriodValueUnitDays
2025-03-01 to 2025-08-31486,500USD184

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
2025-03-01 to 2025-08-31244,349USD184
2024-03-01 to 2024-08-31-22,881USD184

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.

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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"])))