Flagship explainer

How NextPlat Corp makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$54.3M · 100%Cost of revenue$43.4M · 80%Gross profit$10.9M · 20%Operating income−$9M · −17%Income before tax−$10.5M · −19%Income tax$0 · 0%Net income−$10.5M · −19%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$54.3M100%
Cost of revenue$43.4M80%
$10.9M20%
−$9M−17%
Income before tax−$10.5M−19%
Income tax$00%
−$10.5M−19%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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