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Business Summary: NextPlat Corp is a consumer products and services company providing healthcare and technology solutions through e-Commerce and retail channels worldwide. It is operating in the e-Commerce and Healthcare sectors. Through acquisitions, joint ventures, and collaborations, the Company seeks to assist businesses in selling their goods online, domestically, and internationally. The Company operates an e-Commerce communications division offering voice, data, tracking, and Internet of Things (IoT) products and services worldwide as well as pharmacy and healthcare data management services in the United States through its subsidiary, Progressive Care Inc. Additionally, the Company provides a comprehensive array of Satellite Industry communication services and related equipment sales. It also utilizes an artificial-intelligence (AI)-powered digital advertising platform service enabling it to reach consumers across social media channels.
Financial Summary: BRIEF: For the nine months ended 30 September 2025, NextPlat Corp revenues decreased 17% to $41.5M. Net loss decreased 52% to $5.3M. Revenues reflect Healthcare Operations segment decrease of 23% to $30.7M, Africa segment decrease of 48% to $274K, South America segment decrease of 25% to $30K. Lower net loss reflects Healthcare Operations segment loss decrease of 84% to $2.6M, e Commerce Operations segment loss decrease of 48% to $2.7M.