NASDAQ$LGMK

NXT-ID Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Nxt-ID Announces Investor Webcast to Discuss the Financial Results for the Three Months Ended March 31, 2021 and to Provide a General Corporate Update.

Nxt-ID, Inc. announced its financial results for the three months ended March 31, 2021, revealing a positive trend and rebound in markets as customers resumed pre-pandemic ordering levels. The company also made significant term debt repayments of approximately $8.8 million, expected to save approximately $1.1 million in annual cash interest expense.

  • First quarter 2021 operating results reflected a positive trend and rebound in markets.
  • Customers that had been reluctant to commit to larger purchases during the COVID-19 pandemic during 2020 began ordering at pre-pandemic levels.
  • The company made significant term debt repayments of approximately $8.8 million thus far in 2021.
  • The debt repayments will save the company approximately $1.1 million in cash interest expense on an annual basis.

Headline financials

Total Revenue

$2.44M

Previous: $3.74M-34.9%
EPS (adj)

-$0.12

Previous: $0.01-1300.0%
Free Cash Flow

-$4.22M

Previous: $438K-1063.8%
Net Income

-$4.22M

Previous: $438K-1063.8%
Operating Income

-$783K

Previous: $1.04M-175.3%
Gross Profit

$1.55M

Previous: $2.8M-44.5%
Cash & Equivalents

$8.52M

Previous: $1.44M+491.8%
Total Assets

$30.9M

Previous: $24.4M+26.5%
Stock-Based Comp

$40K

No prior period

Revenue & EPS history

NXT-ID · Revenue · Quarterly

$2.44M

Q1 2021-34.9%vs Q1 2020
Beat estimate in 0 of 5 quarters(0%)
ActualEstimate

Revenue by segment

NXT-ID · $3.21M total across 2 segments · Q1 2026

  • Product
    $2.95M
  • Subscription
    $260K

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

+1.6%

Avg return

Earnings day

-4.8%

Avg return

5 days after

+1226774.2%

Avg return

30 days after

61%

25 / 41 earnings

Positive

+29.1%

Q3 2020

Best reaction

-29.3%

Q4 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+23.5%
Q3 2025-12.0%-28.4%-41.5%
Q2 2025+0.0%+0.0%-25.0%
Q4 2024+0.0%-58.3%-66.7%
Q1 2025-23.6%-40.0%-32.0%
Q3 2024+5.1%-24.8%-47.1%
Q2 2024-17.4%-10.3%-1.1%
Q1 2024+0.7%+0.9%-15.5%
Q4 2023+6.0%+4.2%+0.0%
Q3 2023-4.6%-4.0%-34.9%
Q2 2023-8.9%-14.2%-13.8%
Q1 2023-3.9%-8.7%-12.9%
Q4 2022+28.3%-0.7%-26.3%
Q3 2022+0.7%+2.1%-20.3%
Q2 2022+13.1%+0.8%-13.1%
Q1 2022-4.2%+14.2%-3.3%
Q4 2021+2.3%-5.0%-34.7%
Q4 2025-4.5%-5.5%-18.2%
Q3 2021-3.3%-8.0%-26.4%
Q2 2021+4.2%+8.9%-31.8%
Q1 2021+9.5%+1.1%+45390961.5%
Q4 2020-29.3%-26.4%-30.1%
Q3 2020+29.1%+13.6%+192.4%
Q2 2020+4.0%-15.0%-35.0%
Q1 2020-2.2%-4.3%+3.0%
Q4 2019-0.6%-6.8%+30.7%
Q3 2019+7.4%+16.2%+20.9%
Q2 2019+3.0%+17.6%+42.4%
Q1 2019-9.0%-6.0%-19.3%
Q4 2018+18.1%+9.4%-15.5%
Q3 2018+5.1%+6.1%-20.2%
Q2 2018+1.9%+0.0%-2.5%
Q1 2018+0.5%-4.4%-20.0%
Q3 2017+5.2%+2.2%-8.1%
Q2 2017+3.8%+2.5%+58.0%
Q1 2017+2.3%-2.3%-17.9%
Q3 2016+5.9%-3.5%-12.1%
Q2 2016+0.7%-1.4%-16.4%
Q2 2014+4.2%
Q4 2013-0.5%
Q3 2013+5.8%
Q2 2013
Q1 2013
Q4 2012
Q3 2012
Q2 2012
Q1 2012

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro