SequelSEC

NextBoat Inc. NXB

Ship & Boat Building & Repairing · CIK 0002067767 · Fiscal year ends 1231

Revenue
$119.87M
Fiscal year ended 2025-12-31
Operating income
$462.91K
Fiscal year ended 2025-12-31
Free cash flow
-$1.27M
Fiscal year ended 2025-12-31

NextBoat Inc. (NXB) reported revenue of $119.87M and net income of -$1.87M for the fiscal year ended 2025-12-31. This page shows 2 annual periods of income statement, balance sheet and cash flow figures normalized from NextBoat Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Ship & Boat Building & Repairing.

Income

NextBoat Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-31
Revenue$119.87M$99.00M
Cost of revenue$108.40M$90.21M
Gross profit$11.47M$8.78M
Operating income$462.91K$2.68M
Net income-$1.87M$991.68K
Research & developmentUnavailableUnavailable
Weighted-average diluted sharesshares 20.51Mshares 20.00M
Pretax income-$2.00M$991.68K
Income tax expense-$131.96KUnavailable
Diluted EPS$-0.09$0.05
Selling, general & administrative$2.43M$1.75M
General & administrativeUnavailableUnavailable
Selling & marketing$1.16M$489.01K

Balance

NextBoat Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-31
Cash & equivalents$12.43M$2.93M
Total assets$48.42M$31.64M
Current assets$39.88M$28.86M
Total liabilities$36.58M$30.67M
Current liabilities$30.87M$29.30M
Total equity incl. NCI$11.84M$967.39K
Temporary (mezzanine) equityUnavailableUnavailable
Inventory$26.04M$22.59M
Accounts receivable$269.94K$104.32K
Goodwill$570.00K$570.00K
Long-term debt$62.00K$229.30K
Accounts payable$1.47M$962.72K

Cash flow

NextBoat Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-31
Operating cash flow-$697.39K-$7.11M
Capital expenditures$577.46K$25.01K
Investing cash flow-$749.89K-$25.01K
Financing cash flow$10.95M$8.41M
Net change in cash$9.50M$1.27M
Stock-based compensation$1.80MUnavailable
Common dividends paidUnavailableUnavailable
Common share repurchasesUnavailableUnavailable
Depreciation & amortization$310.87K$255.24K

Derived

NextBoat Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-31
Free cash flow-$1.27M-$7.13M
Gross margin9.6%8.9%
Operating margin0.4%2.7%
FCF margin-1.1%-7.2%
SBC / revenue1.5%Unavailable
Current ratio1.29x0.98x
Revenue YoY growth21.1%Unavailable
Net margin-1.6%1.0%
R&D / revenueUnavailableUnavailable
CapEx / revenue0.5%0.0%
Long-term debt / equity0.01xUnavailable
Effective tax rateUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open NXB in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-13View SEC filing
10-Q · Filed 2026-05-14View SEC filing
10-K · Filed 2026-03-31View SEC filing
10-Q · Filed 2025-12-15View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.