NextPlat

Miami, United States Founded: 2014 • Age: 12 yrs
NextPlat is engaged in global e-commerce, healthcare, and communications solutions.
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About NextPlat

NextPlat is a company based in Miami (United States) founded in 2014. It operates as a Direct-to-Consumer (D2C), and B2B2C. The company has 180 employees as of December 31, 2024. NextPlat has completed 1 acquisition, including Outfitter Satellite. NextPlat offers products and services including Digital Healthcare Services, Innovative Connectivity Solutions, and E-commerce Solutions. NextPlat operates in a competitive market with competitors including Hotmart, SamCart, FastSpring, Virtualness and Elopage, among others.

  • Headquarter Miami, United States
  • Employees 180 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Retail
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Nextplat Corp
Operational Areas
Retail → E-Commerce Technology & Services → →
Key Metrics
  • Annual Revenue
    $65.48 M
    73.44
    as on Dec 31, 2024
  • Net Profit
    $-14.03 M
    -271.23
    as on Dec 31, 2024
  • EBITDA
    $-7.15 M
    -5.02
    as on Dec 31, 2024
  • Latest Funding Round
    $6 M (USD), Post-IPO

    Apr 18, 2023

  • Investors
  • Employee Count
    180

    as on Dec 31, 2024

  • Investments & Acquisitions
    Outfitter Satellite

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IPO & Listings of NextPlat

NextPlat is a publicly listed company on the NASDAQ with ticker symbol NXPL in USA, operating in the Non-energy minerals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: NXPL . Sector: Non-energy minerals · USA

Products & Services of NextPlat

NextPlat offers a comprehensive portfolio of products and services, including Digital Healthcare Services, Innovative Connectivity Solutions, and E-commerce Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Digital healthcare solutions are provided for personalized care.

Satellite-enabled connectivity solutions are offered for global reach.

E-commerce platforms are supported for global market access.

Funding Insights of NextPlat

  • Total Funding
  • Total Rounds 1
  • Last Round Post-IPO — $6.0M
  • First Round

    (18 Apr 2023)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2023 Amount Post-IPO - NextPlat Valuation

investors
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Investments & Acquisitions by NextPlat

NextPlat has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Outfitter Satellite. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bento Cloud
Bionic investment advisor platform
2016
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
GrabKios by Kudo
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Outfitter Satellite
Satellite network telecommunication services are provided globally.
1995
Company Name Description Domain Location Founded Year Amount
OVO
OVO is recognized as a smart digital payment application.
2017
Bento Cloud
Bionic investment advisor platform
2016
GrabKios by Kudo
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
GrabKios by Kudo
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - NextPlat

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Nextplat Comparisons

Employees
+
Add Comparison
Available on Premium

Competitors of NextPlat

NextPlat operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Hotmart, SamCart, FastSpring, Virtualness and Elopage, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
Hotmart
domain founded_year HQ Location
Cloud-based eCommerce solution that enables merchants to sell digital products
SamCart
domain founded_year HQ Location
eCommerce solutions are provided for direct-to-consumer brands.
FastSpring
domain founded_year HQ Location
Cloud-based subscription management and tax collection solutions are provided.
Virtualness
domain founded_year HQ Location
E-commerce software suites are provided for digital product businesses.
Elopage
domain founded_year HQ Location
A SaaS platform enabling merchants to sell digital products securely and efficiently.
Company Name Domain Founded year HQ Location Description
inDrive
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
Bolt
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
Gojek
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
Dunzo
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Nextplat

Frequently Asked Questions about NextPlat

When was NextPlat founded?

NextPlat was founded in 2014 and raised its 1st funding round 9 years after it was founded.

Where is NextPlat located?

NextPlat is headquartered in Miami, United States. It is registered at Miami, Florida, United States.

How many employees does NextPlat have?

As of Dec 31, 2024, the latest employee count at NextPlat is 180.

What is the annual revenue of NextPlat?

Annual revenue of NextPlat is $65.48M as on Dec 31, 2024.

What does NextPlat do?

NextPlat is involved in providing global consumer products and services through e-commerce and retail channels. The company is focused on healthcare and communications technology solutions, operating across sectors like digital healthcare, satellite connectivity, and online marketplaces. Solutions are delivered through acquisitions, partnerships, and strategic collaborations to scale online product sales worldwide. Healthcare services are offered via personalized pharmacy solutions and distribution of products in markets like China. Communications solutions are provided through satellite-enabled voice, data, and IoT services for global connectivity.

Who are the top competitors of NextPlat?

NextPlat's top competitors include Hotmart, FastSpring and SamCart.

What products or services does NextPlat offer?

NextPlat offers Digital Healthcare Services, Innovative Connectivity Solutions, and E-commerce Solutions.

Is NextPlat publicly traded?

Yes, NextPlat is publicly traded on NASDAQ under the ticker symbol NXPL.

How many acquisitions has NextPlat made?

NextPlat has made 1 acquisition, including Outfitter Satellite.

What is NextPlat's ticker symbol?

The ticker symbol of NextPlat is NXPL on NASDAQ.

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