NXMH · Next Meats Holdings, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q3 '24 | Q2 '24 | Q1 '24 | Q2 '23 | Q3 '23 | Q1 '23 | Q2 '22 | Q3 '22 | Q1 '22 | Q2 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $204.2K | $197.4K | $196.8K | $3.82M | $221.6K | $1.37M | - | $73.0K | - | - |
| Cost of Revenue | $98.4K | $52.5K | $41.3K | $422.6K | $209.8K | $344.9K | - | $703.5K | - | - |
| Gross Profit | $51.6K | $56.1K | $78.8K | $10.3K | $11.7K | $60.6K | - | $407.0K | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $228.3K | $288.3K | $432.8K | $781.5K | $315.2K | $951.4K | $18.6K | $1.61M | $12.3K | - |
| Total Operating Expenses | $234.8K | $294.2K | $439.5K | $789.4K | $327.7K | $961.5K | $2.4K | $1.62M | $1.9K | $2.4K |
| D&A | $6.5K | $5.9K | $6.7K | $7.9K | $12.5K | $10.1K | - | $14.0K | - | - |
| Operating Income | $221.6K | $465.9K | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | - | - | - | ($237) | ($341) | $45.4K | - | ($3.3K) | - | - |
| Net Income | ($165.7K) | ($323.5K) | ($336.5K) | ($786.7K) | ($89.4K) | ($942.5K) | ($18.6K) | ($1.21M) | ($12.3K) | ($2.4K) |
| EPS - Basic | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | - | $0.00 | - | - |
| EPS - Diluted | - | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Line item | Q3 '24 | Q2 '24 | Q1 '24 | Q2 '23 | Q3 '23 | Q1 '23 | Q2 '22 | Q3 '22 | Q1 '22 | Q2 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $40.0K | $26.8K | $292.5K | $58.1K | $62.2K | $83.9K | $620.3K | $680.9K | $0 | $0 |
| Accounts Receivable | $213.8K | $151.6K | $125.2K | $339.5K | $533.9K | $1.23M | $1.29M | $263.5K | - | - |
| Inventory | $82.1K | $141.2K | $144.2K | $134.6K | $449.0K | $459.0K | $598.0K | $416.6K | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | $396.9K | $379.0K | $597.5K | $962.4K | $2.52M | $3.03M | $3.84M | $7.76M | - | - |
| Total Assets | $614.8K | $601.0K | $840.4K | $1.22M | $4.07M | $4.66M | $5.73M | $8.49M | $187.5K | - |
| Current Liabilities | $1.04M | $1.14M | $855.4K | $817.0K | $700.2K | $645.2K | $582.2K | $1.01M | $5.8K | $9.7K |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $1.51M | $1.33M | $1.23M | $1.18M | $823.7K | $902.6K | $853.8K | $1.31M | $5.8K | $9.7K |
| Stockholders' Equity | ($890.6K) | ($724.3K) | ($391.7K) | $2.68M | $3.19M | $4.87M | $248.9K | $6.46M | $181.7K | ($9.7K) |
| Retained Earnings | ($12.54M) | ($12.37M) | ($12.05M) | ($11.71M) | ($5.89B) | ($5.89B) | ($5.89B) | ($5.89B) | - | ($5.88B) |
Cash Flow
| Line item | Q3 '24 | Q2 '24 | Q1 '24 | Q2 '23 | Q3 '23 | Q1 '23 | Q2 '22 | Q3 '22 | Q1 '22 | Q2 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | ($44.0K) | - | - | ($558.2K) | - | - | ($1.6K) | - |
| Investing Cash Flow | - | - | - | - | - | $213.8K | - | - | ($187.5K) | - |
| Financing Cash Flow | - | - | $130.5K | - | - | ($9.6K) | - | - | $203.7K | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q3 '24 | Q2 '24 | Q1 '24 | Q2 '23 | Q3 '23 | Q1 '23 | Q2 '22 | Q3 '22 | Q1 '22 | Q2 '21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 25.3% | 28.4% | 40.0% | 0.3% | 5.3% | 4.4% | - | 557.7% | - | - |
| Operating margin | 108.5% | 236.1% | - | - | - | - | - | - | - | - |
| EBITDA margin | 111.7% | 239.1% | - | - | - | - | - | - | - | - |
| Net margin | -81.1% | -163.9% | -171.0% | -20.6% | -40.4% | -68.9% | - | -1657.8% | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 111.8% | 146.1% | 219.9% | 20.5% | 142.2% | 69.5% | - | 2200.3% | - | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -26.9% | -53.8% | -40.0% | -64.2% | -2.2% | -20.2% | -0.3% | -14.3% | -6.6% | - |
| Return on equity | 18.6% | 44.7% | 85.9% | -29.4% | -2.8% | -19.3% | -7.5% | -18.7% | -6.8% | 24.2% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.38 | 0.33 | 0.70 | 1.18 | 3.59 | 4.69 | 6.60 | 7.69 | - | - |
| Quick ratio | 0.30 | 0.21 | 0.53 | 1.01 | 2.95 | 3.98 | 5.57 | 7.28 | - | - |
| Cash ratio | 0.04 | 0.02 | 0.34 | 0.07 | 0.09 | 0.13 | 1.07 | 0.67 | 0.00 | 0.00 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | -0.69 | -0.83 | -2.15 | 0.46 | 1.27 | 0.96 | 23.02 | 1.31 | 1.03 | - |
| Liabilities / Assets | 2.45 | 2.21 | 1.47 | 0.96 | 0.20 | 0.19 | 0.15 | 0.15 | 0.03 | - |
| Efficiency | ||||||||||
| Asset turnover | 0.33 | 0.33 | 0.23 | 3.12 | 0.05 | 0.29 | - | 0.01 | - | - |
| Inventory turnover | 1.20 | 0.37 | 0.29 | 3.14 | 0.47 | 0.75 | - | 1.69 | - | - |
| Days sales outstanding | 382d | 280d | 232d | 32d | 879d | 329d | - | 1318d | - | - |
| Days inventory outstanding | 305d | 983d | 1273d | 116d | 781d | 486d | - | 216d | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -7.9% | -94.8% | -85.6% | - | 203.6% | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 340.3% | 446.5% | 30.1% | - | -97.1% | - | - | - | - | - |
| Operating income growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Net income growth (YoY) | -85.2% | 58.9% | 64.3% | -4124.8% | 92.6% | -7571.9% | -692.4% | 100.0% | -564.1% | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | - | - | 977.0% | -50.6% | 2582.9% | - | - | - | -496.9% |
Peer comparison
Same SIC group: Food and Kindred Products
Comparing Next Meats Holdings against the 5 most active filers in the same SIC group.