NASDAQ$LGMK

NXT-ID Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Reported a decrease in revenue and gross profit, but a slightly better operating loss compared to the same quarter last year. The company focused on securing capital and restructuring the company.

NXT-ID reported a decrease in revenue by 10% to $2.4 million, a decrease in gross profit to $1.3 million, and a net loss of $743,000 or $0.12 a share. The company focused on securing capital and restructuring the company. They raised $16.4 million of capital and ended the quarter with $16 million in cash.

  • Revenue was $2.4 million, a decrease of 10% from the same quarter last year.
  • Gross profit was $1.3 million, a decrease of $611,000 compared to the same quarter last year.
  • Operating loss for the quarter was $497,000, slightly better compared to the operating loss in the same quarter last year.
  • Net loss was $743,000 or $0.12 a share compared to a net loss of $1.1 million or $0.32 a share in the same quarter last year.

Headline financials

Total Revenue

$2.38M

Previous: $2.64M-9.7%
EPS (adj)

-$0.12

Previous: -$0.03-300.0%
Free Cash Flow

-$642K

Previous: -$1.08M+40.5%
Net Income

-$642K

Previous: -$1.08M+40.5%
Operating Income

-$497K

Previous: -$526K+5.6%
Gross Profit

$1.27M

Previous: $1.88M-32.5%
Cash & Equivalents

$16M

Previous: $2.24M+615.5%
Total Assets

$38.4M

Previous: $24.8M+54.6%
Stock-Based Comp

-$400K

No prior period

Revenue & EPS history

NXT-ID · Revenue · Quarterly

$2.38M

Q3 2021-9.7%vs Q3 2020
Beat estimate in 0 of 7 quarters(0%)
ActualEstimate

Revenue by segment

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

  • Product
    $2.95M
  • Subscription
    $260K

Forward guidance

N/A

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 Q3 2021

Historical avgQ3 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

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