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NextTrip Valuation Multiples
Discover revenue and EBITDA valuation multiples for NextTrip and similar public comparables like SPTuris, VELTRA, Inspirato, Unlimited Travel Group and more.
NextTrip Overview
About NextTrip
NextTrip Inc is an early-stage, technology-driven travel company developing an integrated travel booking and media platform designed to connect leisure, group and business travelers to the world. Its travel booking platform is powered by proprietary NXT2.0 booking engine, which offers extensive inventory, supporting both travelers and distributors with a platform for curating personalized experiences and efficient trip planning and booking. The Company has one reportable segment, Travel Products and Services.
Founded
1985
HQ
Employees
22
Website
Sectors
Financials (LTM)
EV
$44M
NextTrip Financials
NextTrip reported last 12-month revenue of $4M and negative EBITDA of ($8M).
In the same LTM period, NextTrip generated $2M in gross profit, ($8M) in EBITDA losses, and had net loss of ($12M).
Revenue (LTM)
NextTrip P&L
In the most recent fiscal year, NextTrip reported revenue of $501K and EBITDA of ($7M).
NextTrip expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $4M | XXX | $501K | XXX | XXX | XXX |
| Gross Profit | $2M | XXX | $3K | XXX | XXX | XXX |
| Gross Margin | 43% | XXX | 1% | XXX | XXX | XXX |
| EBITDA | ($8M) | XXX | ($7M) | XXX | XXX | XXX |
| EBITDA Margin | (179%) | XXX | (1322%) | XXX | XXX | XXX |
| EBIT Margin | (268%) | XXX | (1478%) | XXX | XXX | XXX |
| Net Profit | ($12M) | XXX | ($10M) | XXX | XXX | XXX |
| Net Margin | (270%) | XXX | (2018%) | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
NextTrip Stock Performance
NextTrip has current market cap of $43M, and enterprise value of $44M.
Market Cap Evolution
NextTrip's stock price is $3.14.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $44M | $43M | -11.5% | XXX | XXX | XXX | $-0.75 |
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Start Free TrialNextTrip Valuation Multiples
NextTrip trades at 10.1x EV/Revenue multiple, and (5.6x) EV/EBITDA.
EV / Revenue (LTM)
NextTrip Financial Valuation Multiples
As of April 11, 2026, NextTrip has market cap of $43M and EV of $44M.
Equity research analysts estimate NextTrip's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
NextTrip has a P/E ratio of (3.6x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $43M | XXX | $43M | XXX | XXX | XXX |
| EV (current) | $44M | XXX | $44M | XXX | XXX | XXX |
| EV/Revenue | 10.1x | XXX | 88.3x | XXX | XXX | XXX |
| EV/EBITDA | (5.6x) | XXX | (6.7x) | XXX | XXX | XXX |
| EV/EBIT | (3.8x) | XXX | (6.0x) | XXX | XXX | XXX |
| EV/Gross Profit | 23.4x | XXX | 13411.4x | XXX | XXX | XXX |
| P/E | (3.6x) | XXX | (4.2x) | XXX | XXX | XXX |
| EV/FCF | — | XXX | (7.9x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified NextTrip Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
NextTrip Margins & Growth Rates
NextTrip's revenue in the last 12 month grew by 157%.
NextTrip's revenue per employee in the last FY averaged $0.0M, while opex per employee averaged $0.4M for the same period.
NextTrip's rule of 40 is 197% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
NextTrip's rule of X is 544% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
NextTrip Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 157% | XXX | 599% | XXX | XXX | XXX |
| EBITDA Margin | (179%) | XXX | (1322%) | XXX | XXX | XXX |
| EBITDA Growth | (70%) | XXX | 29% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 197% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 544% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.0M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.4M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 8% | XXX | 61% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 4% | XXX | 1002% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 24% | XXX | 168% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 1679% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
NextTrip Public Comps
See public comps and valuation multiples for other Travel Services comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| SPTuris | XXX | XXX | XXX | XXX | XXX | XXX |
| VELTRA | XXX | XXX | XXX | XXX | XXX | XXX |
| Inspirato | XXX | XXX | XXX | XXX | XXX | XXX |
| Unlimited Travel Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Hanatour Japan | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
NextTrip M&A Activity
NextTrip acquired XXX companies to date.
Last acquisition by NextTrip was on XXXXXXXX, XXXXX. NextTrip acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by NextTrip
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialNextTrip Investment Activity
NextTrip invested in XXX companies to date.
NextTrip made its latest investment on XXXXXXXX, XXXXX. NextTrip invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by NextTrip
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout NextTrip
| When was NextTrip founded? | NextTrip was founded in 1985. |
| Where is NextTrip headquartered? | NextTrip is headquartered in United States. |
| How many employees does NextTrip have? | As of today, NextTrip has over 22 employees. |
| Who is the CEO of NextTrip? | NextTrip's CEO is William Kerby. |
| Is NextTrip publicly listed? | Yes, NextTrip is a public company listed on Nasdaq. |
| What is the stock symbol of NextTrip? | NextTrip trades under NTRP ticker. |
| When did NextTrip go public? | NextTrip went public in 2017. |
| Who are competitors of NextTrip? | NextTrip main competitors are SPTuris, VELTRA, Inspirato, Unlimited Travel Group. |
| What is the current market cap of NextTrip? | NextTrip's current market cap is $43M. |
| What is the current revenue of NextTrip? | NextTrip's last 12 months revenue is $4M. |
| What is the current revenue growth of NextTrip? | NextTrip revenue growth (NTM/LTM) is 157%. |
| What is the current EV/Revenue multiple of NextTrip? | Current revenue multiple of NextTrip is 10.1x. |
| Is NextTrip profitable? | No, NextTrip is not profitable. |
| What is the current EBITDA of NextTrip? | NextTrip has negative EBITDA and is not profitable. |
| What is NextTrip's EBITDA margin? | NextTrip's last 12 months EBITDA margin is (179%). |
| What is the current EV/EBITDA multiple of NextTrip? | Current EBITDA multiple of NextTrip is (5.6x). |
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