Nextnav Acquisition Corp

Company Profile

Nextnav Acquisition Corp had its IPO on 2021-10-28 under the ticker symbol NN.

The company operates in the Technology sector and Software-Infrastructure industry. Nextnav Acquisition Corp has a staff strength of 106 employees.

Stock update

Shares of Nextnav Acquisition Corp opened at $4.68 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $4.62 - $5.29, and closed at $5.07.

This is a +12.92% increase from the previous day's closing price.

A total volume of 1,828,903 shares were traded at the close of the day’s session.

In the last one week, shares of Nextnav Acquisition Corp have increased by +14.19%.

Nextnav Acquisition Corp's Key Ratios

Nextnav Acquisition Corp has a market cap of $480.49 million, indicating a price to book ratio of 3.1533 and a price to sales ratio of 99.8514.

In the last 12-months Nextnav Acquisition Corp’s revenue was $2.94 million with a gross profit of $-7880000 and an EBITDA of $-56681000. The EBITDA ratio measures Nextnav Acquisition Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Nextnav Acquisition Corp’s operating margin was -2062.4% while its return on assets stood at -26.52% with a return of equity of -63.47%.

In Q2, Nextnav Acquisition Corp’s quarterly earnings growth was a positive 0% while revenue growth was a negative 43.7%.

Nextnav Acquisition Corp’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.63 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Nextnav Acquisition Corp’s profitability.

Nextnav Acquisition Corp stock is trading at a EV to sales ratio of 72.5716 and a EV to EBITDA ratio of -1.5609. Its price to sales ratio in the trailing 12-months stood at 99.8514.

Nextnav Acquisition Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$161.47 million

Total Liabilities

$9.68 million

Operating Cash Flow

$-30675000.00

Capital Expenditure

$1.64 million

Dividend Payout Ratio

0%

Nextnav Acquisition Corp ended 2024 with $161.47 million in total assets and $0 in total liabilities. Its intangible assets were valued at $161.47 million while shareholder equity stood at $91.23 million.

Nextnav Acquisition Corp ended 2024 with $7.26 million in deferred long-term liabilities, $9.68 million in other current liabilities, 12000.00 in common stock, $-720611000.00 in retained earnings and $17.74 million in goodwill. Its cash balance stood at $52.78 million and cash and short-term investments were $85.01 million. The company’s total short-term debt was $2,757,000 while long-term debt stood at $34.04 million.

Nextnav Acquisition Corp’s total current assets stands at $89.78 million while long-term investments were $0 and short-term investments were $32.23 million. Its net receivables were $1.83 million compared to accounts payable of $879000.00 and inventory worth $0.

In 2024, Nextnav Acquisition Corp's operating cash flow was $-30675000.00 while its capital expenditure stood at $1.64 million.

Comparatively, Nextnav Acquisition Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$5.07

52-Week High

$5.29

52-Week Low

$1.59

Analyst Target Price

$9

Nextnav Acquisition Corp stock is currently trading at $5.07 per share. It touched a 52-week high of $5.29 and a 52-week low of $5.29. Analysts tracking the stock have a 12-month average target price of $9.

Its 50-day moving average was $3.66 and 200-day moving average was $2.88 The short ratio stood at 11.15 indicating a short percent outstanding of 0%.

Around 4309.7% of the company’s stock are held by insiders while 5127.3% are held by institutions.