Next Technology Holding Inc. NXTT
conducting through subsidiaries in Republic of China ("PRC") engaging in the business of providing technical services and
solution to corporate and individual users. In the third quarter of 2024, we terminated all operations in the PRC to shift our software
development services to overseas markets and commenced business strategy of acquiring and holding bitcoin. As of December 31, 2025, the
Company pursue two corporate strategies: (1) providing AI-enabled software development services, and (2) acquiring and holding Bitcoin.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $11.6M | $1.8M | $2.5M | $11.7M | $14.4M | $6.3M | — | — |
| Cost of revenue | $9.9M | $730.0K | $1.1M | $9.7M | $2.7M | $615.6K | — | — |
| Gross profit | $1.8M | $1.1M | $1.4M | $2.0M | $11.7M | $5.7M | — | — |
| R&D | $14.5M | — | — | — | — | — | — | — |
| SG&A | $66.7M | $1.1M | $2.7M | $6.8M | $5.7M | $1.9M | $417.4K | — |
| Total operating expenses | $82.0M | $1.1M | $2.7M | — | — | — | $417.4K | — |
| Operating income | -$80.2M | -$16.8K | -$1.2M | -$6.8M | $6.0M | $3.8M | — | — |
| Pre-tax income | $199.5M | $29.8M | $3.2M | -$6.8M | $6.3M | $3.8M | — | — |
| Income tax | $56.4M | $8.2M | $130.4K | $82.7K | $1.1M | $1.2M | — | — |
| Net income | $143.2M | $21.5M | -$9.9M | -$9.2M | $5.2M | $2.7M | -$417.4K | — |
| EPS, basic | — | — | 1.90 | -5.60 | 0.02 | 0.01 | — | — |
| EPS, diluted | — | — | 2.10 | -5.60 | — | 0.01 | 0.00 | — |
| Shares, diluted (wtd. avg.) | $2.3M | $28.9K | $1.5M | $1.2M | $305.5M | $304.2M | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $5.6M | $668.4K | $668.4K | $22.9K | $616.6K | $4.6M | $6.6M | $0 |
| Receivables | $354.8K | $1.8M | $1.0M | $6.8M | $5.6M | $2.6M | $0 | — |
| Total current assets | $524.1M | $92.9M | $48.9M | $46.5M | $16.4M | $10.4M | $6.6M | — |
| Property, plant and equipment | — | — | — | $992.4K | $395.4K | $0 | — | — |
| Other intangibles | — | — | — | $23.2K | $37.8K | $49.0K | $0 | — |
| Total assets | $524.1M | $92.9M | $48.9M | $46.5M | $19.5M | $13.5M | $6.6M | — |
| Accounts payable | $751.3K | $730.0K | $800.0K | $143.9K | $7.7K | $8.2K | $0 | — |
| Total current liabilities | $3.9M | $3.1M | $4.2M | $4.8M | $3.0M | $2.2M | $1.8M | — |
| Total liabilities | $68.6M | $11.3M | $4.2M | $4.8M | $4.9M | $4.6M | $1.8M | — |
| Retained earnings | $152.3M | $9.9M | -$11.6M | -$1.7M | $7.4M | $2.3M | -$417.4K | — |
| Total equity | $455.6M | $81.6M | $44.7M | $41.7M | $14.5M | $8.9M | $4.8M | — |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$3.1M | — | $20.2M | -$37.8M | -$3.8M | $1.2M | — | — |
| Depreciation and amortisation | — | — | — | $263.3K | $23.4K | — | — | — |
| Stock-based compensation | $76.8M | — | — | — | — | — | — | — |
| Capital expenditure | — | — | — | $693.6K | $417.1K | $0 | — | — |
| Investing cash flow | — | — | -$32.6M | $494.0K | -$1.0M | $0 | — | — |
| Financing cash flow | $8.0M | — | $13.1M | $39.5M | $689.0K | -$3.7M | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001213900-26-037199.
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