Nxt-ID, Inc. Income Statement 2020-2011 | NXTD

Brief overview of financial results at Nxt-ID, Inc.

The conclusions below are based on five years of reported results. Revenue at Nxt-ID, Inc. moved from 617 thousand dollars in 2015 to 11.4 million dollars in 2020. The five-year change reached +1755%, while CAGR stood at 79.3%. The annual growth rate indicates an exceptionally strong top-line trend.

Gross profit changed from −1.2 million dollars to 8.2 million dollars (+779.4%). Comparing the endpoints gives gross margins of −195.7% and 71.7%. A wider margin shows that the economics of the core business improved.

EBITDA changed from −10.7 million dollars to −520 thousand dollars (+95.2%). Changes in revenue did not translate into comparable EBITDA performance. EBITDA margin moved from −1741.3% to −4.5%. The increased EBITDA share is a positive sign.

Comparing the endpoints shows a move from −$13.1 million to −$2.9 million. Losses became smaller, but the business remains unprofitable.

Over the period, capitalization shifted from 23.9 million dollars to 40.7 million dollars (+70.7%). Higher capitalization indicates improving investor confidence.

Summary assessment

The figures do not all move in the same direction. Key strengths include an improving EBITDA margin, net-income growth and better sales economics. The overall view is constrained by limited operating profitability. Investors should continue to monitor margins, costs, and earnings quality.