NextPlat (NASDAQ: NXPL, NXPLW) reported full-year 2025 revenue of approximately $54.3 million, down 18% year over year, reflecting declines in healthcare prescription volumes partially offset by growth in e-commerce sales and higher-margin services. The company highlighted significant cost reductions, including a 50% decrease in operating expenses, improved balance sheet strength with $13.7 million in cash and no meaningful unsecured debt, and a strategic shift toward higher-margin healthcare services and expanding global e-commerce operations, positioning the business for anticipated growth and improved profitability in 2026.
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About NextPlat Corp.
NextPlat is a global consumer products and services company providing healthcare and technology solutions through e-Commerce and retail channels worldwide. Through acquisitions, joint ventures, and collaborations, the Company seeks to assist businesses in selling their goods online, domestically, and internationally, allowing customers and partners to optimize their e-Commerce presence and revenue. NextPlat currently operates an e-Commerce communications division offering voice, data, tracking, and IoT products and services worldwide as well as pharmacy and healthcare data management services in the United States through its subsidiary, Progressive Care.
NOTE TO INVESTORS: The latest news and updates relating to NXPL are available in the company’s newsroom at https://ibn.fm/NXPL
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