Next Meats Hldgs Inc (NXMH) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 8, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q3 FY2024, filed Mar 25, 2024. Each column of the statement tables below links to the filing it was taken from.
Next Meats Hldgs Inc (NXMH) reported $904K in revenue over the twelve months to Jan 31, 2024. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 3 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Sharp volume contraction revealed a rigid cost base, while balance-sheet erosion materially reduced the company’s financing flexibility.
Revenue fell79.9% in FY2023, yet the company still recorded a net loss of-$4.8M ; that mismatch points to a cost base that does not flex quickly when sales volume retreats. Operating cash flow remained negative as gross margin compressed to5.1% , so the smaller cash outflow reflects a smaller business, not evidence that the underlying model reached break-even.
Assets shrank
Operating cash flow improved from
Financial Health Signals
Next Meats Hldgs Inc does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Next Meats Hldgs Inc passes 1 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
Next Meats Hldgs Inc reported a net loss of $4.8M while operations used $1.7M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Next Meats Hldgs Inc generated $204K in revenue in Q3 2024. This represents a decrease of 7.9% from the same quarter a year earlier. Against the prior quarter it is up 3.5%.
Next Meats Hldgs Inc's EBITDA was $271K in Q3 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 15.8% from the same quarter a year earlier. Against the prior quarter it is up 10.9%.
Next Meats Hldgs Inc reported -$166K in net income in Q3 2024. This represents a decrease of 85.2% from the same quarter a year earlier. Against the prior quarter it is up 48.8%.
Not reported for Q3 2024.
Cash & Balance Sheet
Next Meats Hldgs Inc held $40K in cash as of Q3 2024; long-term debt is not reported for that period.
Not reported for Q3 2024.
Not reported for Q3 2024.
Margins & Returns
Next Meats Hldgs Inc's gross margin was 25.3% in Q3 2024, indicating the percentage of revenue retained after direct costs. This is up 20.0 percentage points from the same quarter a year earlier. Against the prior quarter it is down 3.1 percentage points.
Next Meats Hldgs Inc's net profit margin was -81.1% in Q3 2024, showing the share of revenue converted to profit. This is down 40.8 percentage points from the same quarter a year earlier.
Not shown for Q3 2024: the reported ratio is above 100.0% of revenue, so it does not read as a share of revenue.
Not reported for Q3 2024.
Capital Allocation
None of these metrics is reported for Q3 2024.
NXMH Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-Q | Q3'2310-Q | Q2'2310-Q | Q1'2310-Q | Q4'2210-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $204K-7.9% | $197K-57.6% | $197K-51.5% | $305K | $222K-80.0% | $466K | $405K-70.4% | N/A |
| Cost of Revenue | $98K-53.1% | $52K-87.6% | $41K-88.0% | $350K | $210K-70.2% | $423K | $345K-72.8% | N/A |
| Gross Profit | $52K+340.3% | $56K+29.7% | $79K+30.1% | -$44K | $12K-97.1% | $43K+321.6% | $61K-38.6% | N/A |
| SG&A Expenses | $228K-27.6% | $288K-63.1% | $433K-54.5% | $746K | $315K-80.4% | $781K-32.7% | $951K+7644.4% | N/A |
| Operating Income | $265K+19.4% | $239K-48.8% | N/A | N/A | $222K | $466K | N/A | N/A |
| EBITDA | $271K+15.8% | $244K-48.4% | N/A | N/A | $234K | $474K | N/A | N/A |
| Interest Expense | -$2K-40.2% | -$2K+27.6% | -$2K-74.2% | -$4K | -$2K+7.1% | -$3K-160.4% | -$1K-127.6% | N/A |
| Income Tax | N/A | N/A | N/A | N/A | -$341+89.6% | $341+243.9% | N/A | N/A |
| Net Income | -$166K-85.2% | -$324K+58.9% | -$337K+64.3% | -$3.0M | -$89K+92.6% | -$787K+32.5% | -$942K-7571.9% | N/A |
| EPS (Basic) | $0.00 | $0.00 | $0.00 | -$0.01 | $0.00 | $0.00 | $0.00 | $0.00-100.0% |
Not reported in any period shown, so not listed: R&D Expenses, EPS (Diluted), Diluted Shares (Avg).
NXMH Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-Q | Q3'2310-Q | Q2'2310-Q | Q1'2310-Q | Q4'2210-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $615K-84.9% | $601K-81.8% | $840K-82.0% | $1.2M-78.6% | $4.1M-47.6% | $3.3M+1168.0% | $4.7M+2383.8% | $5.7M-32.5% |
| Current Assets | $397K-84.2% | $379K-80.5% | $598K-80.3% | $962K-75.0% | $2.5M-53.0% | $1.9M+2574.8% | $3.0M | $3.8M-50.5% |
| Cash & Equivalents | $40K-31.2% | $27K-53.8% | $168K+100.4% | $292K-52.9% | $58K-91.5% | $58K | $84K | $620K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $82K-81.7% | $141K-71.9% | $144K-68.6% | $135K-77.5% | $449K+7.8% | $502K+8150.6% | $459K | $598K+139.8% |
| Accounts Receivable | $214K-59.9% | $152K-86.3% | $125K-89.8% | $339K-73.7% | $534K-69.9% | $1.1M | $1.2M | $1.3M+389.1% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $1.5M+82.7% | $1.3M+113.8% | $1.2M+36.5% | $1.2M+38.0% | $824K-37.2% | $620K+5335.8% | $903K+15462.1% | $854K-89.9% |
| Current Liabilities | $1.0M+48.0% | $1.1M+189.3% | $855K+32.6% | $817K+40.3% | $700K-30.6% | $394K+3351.7% | $645K+11023.6% | $582K+5902.1% |
| Non-Current Liabilities | $469K+279.5% | $187K-17.4% | $377K+46.3% | $361K+33.0% | $124K-59.3% | $226K | $257K | $272K-96.8% |
| Total Equity | -$891K-127.9% | -$724K-127.0% | -$392K-110.4% | $46K-99.0% | $3.2M-50.6% | $2.7M+977.0% | $3.8M+1966.3% | $4.9M+50355.5% |
| Retained Earnings | -$12.5M+99.8% | -$12.4M+99.8% | -$12.0M+99.8% | -$11.7M-70.2% | -$5.9B-0.1% | -$5.9B-0.1% | -$5.9B | -$6.9M-16029.9% |
Not reported in any period shown, so not listed: Goodwill, Long-Term Debt.
NXMH Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-Q | Q3'2310-Q | Q2'2310-Q | Q1'2310-Q | Q4'2210-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$3K+99.0% | -$189K-306.7% | -$44K+92.0% | -$840K+37.7% | -$357K+84.2% | $91K | -$554K-3320.4% | -$1.3M-55.6% |
| Depreciation & Amortization | $6K-48.3% | $6K-25.1% | $7K-33.5% | $8K-44.7% | $13K-10.7% | $8K-39.7% | $10K-13.4% | $15K+248.7% |
| Investing Cash Flow | N/A | N/A | N/A | $909K+39.9% | -$144K-519.5% | $234K | $214K+214.0% | $649K+281.0% |
| Financing Cash Flow | $566-99.5% | $68K+360.4% | $131K+1464.3% | $334K-76.4% | $108K-72.5% | $15K | -$10K-104.7% | $1.4M-79.9% |
Not reported in any period shown, so not listed: Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
NXMH Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-Q | Q3'2310-Q | Q2'2310-Q | Q1'2310-Q | Q4'2210-K |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 25.3%+20.0pp | 28.4%+19.1pp | 40.0%+25.1pp | -14.5% | 5.3%-31.4pp | 9.3% | 14.9%+7.7pp | N/A |
| Operating Margin | 129.6% | 120.9% | N/A | N/A | 100.0% | 100.0% | N/A | N/A |
| Net Margin | -81.1%-40.8pp | -163.9% | -171.0% | -987.2% | -40.4% | -168.9% | -232.5% | N/A |
| Return on Equity | N/A | N/A | N/A | -6485.4% | -2.8%+15.9pp | -29.3%+438.8pp | -25.1%-18.3pp | N/A |
| Return on Assets | -27.0%-24.8pp | -53.8%-30.0pp | -40.0%-19.8pp | -246.1% | -2.2%+13.4pp | -23.8%+423.8pp | -20.2%-13.7pp | N/A |
| Current Ratio | 0.38-3.2x | 0.33-4.6x | 0.70-4.0x | 1.18-5.4x | 3.59-1.7x | 4.95-1.4x | 4.69 | 6.60-793.6x |
| Debt-to-Equity | N/A | N/A | N/A | 25.36+25.2x | 0.26+0.1x | 0.23+0.2x | 0.24+0.2x | 0.18 |
| Asset Turnover | 0.33+0.3x | 0.33+0.2x | 0.23+0.1x | 0.25 | 0.05-0.1x | 0.14 | 0.09-7.2x | N/A |
Not reported in any period shown, so not listed: FCF Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Next Meats Hldgs Inc NXMH | FY2023 | $1.4M | -$4.8M | N/A | $38.8M | — |
| Umeworld UMEWF | FY2025 | $2K | -$258K | N/A | $47.1M | — |
| Limitless X LIMX | FY2025 | $947K | N/A | N/A | $11.9M | — |
| Citrine Global Corp CTGL | FY2025 | N/A | -$1.9M | N/A | $9.8M | — |
| Starco Brands Inc STCB | FY2025 | N/A | -$20.9M | N/A | $25.3M | — |
Where Next Meats Hldgs Inc Ranks
Frequently Asked Questions
What is Next Meats Hldgs Inc's annual revenue?
Next Meats Hldgs Inc (NXMH) reported $1.4M in total revenue for fiscal year 2023. This represents a -79.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Next Meats Hldgs Inc's revenue growing?
Next Meats Hldgs Inc (NXMH) revenue declined by 79.9% year-over-year, from $7.0M to $1.4M in fiscal year 2023.
Is Next Meats Hldgs Inc profitable?
No, Next Meats Hldgs Inc (NXMH) reported a net income of -$4.8M in fiscal year 2023.
What is Next Meats Hldgs Inc's gross margin?
Next Meats Hldgs Inc (NXMH) had a gross margin of 5.1% in fiscal year 2023, indicating the percentage of revenue retained after direct costs of goods sold.
What is Next Meats Hldgs Inc's return on equity (ROE)?
Next Meats Hldgs Inc (NXMH) has a return on equity of -10399.5% for fiscal year 2023, measuring how efficiently the company generates profit from shareholder equity.
What is Next Meats Hldgs Inc's operating cash flow?
Next Meats Hldgs Inc (NXMH) recorded an outflow of $1.7M in operating cash flow during fiscal year 2023, representing cash used by core business activities.
What are Next Meats Hldgs Inc's total assets?
Next Meats Hldgs Inc (NXMH) had $1.2M in total assets as of fiscal year 2023, including both current and long-term assets.
What is Next Meats Hldgs Inc's current ratio?
Next Meats Hldgs Inc (NXMH) had a current ratio of 1.18 as of fiscal year 2023, which is considered adequate.
What is Next Meats Hldgs Inc's debt-to-equity ratio?
Next Meats Hldgs Inc (NXMH) had a debt-to-equity ratio of 25.36 as of fiscal year 2023, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Next Meats Hldgs Inc's return on assets (ROA)?
Next Meats Hldgs Inc (NXMH) had a return on assets of -394.6% for fiscal year 2023, measuring how efficiently the company uses its assets to generate profit.
What is Next Meats Hldgs Inc's P/E ratio?
Next Meats Hldgs Inc (NXMH) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to January 31, 2024). The market capitalization is $38.8M as of Sep 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Next Meats Hldgs Inc's price-to-sales ratio?
Next Meats Hldgs Inc (NXMH) trades at 43.0x sales, its market capitalization divided by revenue of $904K revenue, trailing 12 months to January 31, 2024. The market capitalization is $38.8M as of Sep 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does Next Meats Hldgs Inc's liquidity compare with its operating cash outflow?
At the end of fiscal year 2023, Next Meats Hldgs Inc (NXMH) held $292K in cash, cash equivalents and investments, and reported an operating cash outflow of $1.7M over that year. Dividing the one by the other, the reported balance equals about 2 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is Next Meats Hldgs Inc's Piotroski F-Score?
Next Meats Hldgs Inc (NXMH) has a Piotroski F-Score of 1 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Next Meats Hldgs Inc's earnings high quality?
Next Meats Hldgs Inc (NXMH) reported a net loss of $4.8M while operations used $1.7M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.