Home / Going-concern warnings / NextTrip, Inc.

4/5NextTrip, Inc. (NTRP): Going-concern doubt

Filed 2026-05-29 路 Form 10-K 路 Accession 0001493152-26-026334 nano

Market data

Price before filing: $2.13 (2026-05-28 close, split/dividend-adjusted)
Market cap at flag: $31.2M (2026-05-29) 路 Latest: $20.2M (2026-10-16)

What happened next

WindowNTRPSPYvs SPY
30 days-3.8%-1.5%-2.2%2026-06-29
90 days-35.7%+2.5%-38.1%2026-08-27
180 dayspendingpendinguntil 2026-11-25

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Verified excerpt

"Due to uncertainties regarding our ability to meet our current and future operating and capital expenses, there is substantial doubt about our ability to continue as a going concern for 12 months from the date of filing of this Annual Report on Form 10-K for the fiscal year ended February 28, 2026."

Quoted from the filing. Source

What this means

The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.

Source: management disclosure in Form 10-K (period 2026-02-28)

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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