# NEXT TECHNOLOGY HOLDING INC (NXTT) · Edgar & Edgarette company card

> Next Technology Holding (NXTT) grew revenue 545% in FY2025 to $12 million, operating margin -690% against a 7.7% median for computer processing & data preparation, equity 86.9% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1784970 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/NXTT) · [JSON](https://www.pops4.com/boards/company/NXTT.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $12M |
| Revenue growth, 1 year | 545.3% |
| Revenue growth per year | -5.2% |
| Operating margin | -690.5% (prior year -0.9%) |
| Net margin | 1232.6% |
| Operating cash flow | −$3M |
| Capital spending | — |
| Free cash flow | — |
| Cash | $6M |
| Long-term debt | — |
| Total assets | $524M |
| Total equity | $456M |
| Equity ÷ assets | 86.9% |
| Return on equity | 31.4% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: 13.41 (safe zone)
- Piotroski F: 5 of 9 (middling)
- Health Harbor boat: Rotting at the dock · four or more warning signs · filed auditor change in the last 12 months; slow and jumpy: growing slower than its size class, with revenue that swings more; operating cash flow was negative; operating loss: a margin of -690.5% in FY2025; revenue is hard to predict: its 80% range is ±73%
- Cash Compass: In between · no clear cash pattern yet

## Edgarette's reading

Exposure: revenue $11.6M (FY2025). Experience: revenue up 545.3% on the year, down 5.2% a year over 4 years; operating margin -690.5%, down from -0.9%. Soundness: equity 86.9% of assets, return on equity 31.4%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $16.9M and $108.0M next year (method v4.1: its own 3-year record of growth weighed at 40% against under $50M filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $14.9M to $123.2M. A statistical range, not company guidance. Against peers (35 filers, $50M+ revenue, services-computer processing & data preparation): operating margin -690.5% against a 7.7% median; growth 545.3% against 10.2%.

Range logged 2026-11-01, receipt 7bc330c5fcc18b81, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 4.01 Auditor change: 1, latest 2026-01-23 ([filing](https://www.sec.gov/Archives/edgar/data/1784970/000121390026007151/0001213900-26-007151-index.htm))
- Item 5.02 Director or officer change: 3, latest 2026-11-12 ([filing](https://www.sec.gov/Archives/edgar/data/1784970/000121390026118848/0001213900-26-118848-index.htm))

## Recent filings

- 8-K · filed 2026-11-12 · 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1784970/000121390026118848/0001213900-26-118848-index.htm)
- 10-Q · filed 2026-11-06 · [filing](https://www.sec.gov/Archives/edgar/data/1784970/000121390026116604/0001213900-26-116604-index.htm)
- 8-K · filed 2026-08-05 · 3.03 Material Modifications to Rights of Security Holders; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1784970/000121390026085658/0001213900-26-085658-index.htm)
- 10-Q · filed 2026-07-24 · [filing](https://www.sec.gov/Archives/edgar/data/1784970/000121390026081419/0001213900-26-081419-index.htm)
- 10-Q · filed 2026-04-29 · [filing](https://www.sec.gov/Archives/edgar/data/1784970/000121390026048836/0001213900-26-048836-index.htm)
- 10-K · filed 2026-03-31 · [filing](https://www.sec.gov/Archives/edgar/data/1784970/000121390026037199/0001213900-26-037199-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001784970.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1784970

## Cite

POPS4, Edgar & Edgarette: NEXT TECHNOLOGY HOLDING INC (NXTT) company card, from the company's own SEC filings, accessed 2026-11-13, https://www.pops4.com/boards/company/NXTT. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.