NNNEXTNAV INC.
Search, Detection, Navigation, Guidance, Aeronautical Sys
- Revenue
- $5M
- 19% YoY
- Operating margin
- -1535.8%
- 45% YoY
- EBITDA
- −$62M
- 14% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- $189M net debt
- AI in 10-K
- —
Red flags 1 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCFired364% of revenueOver 10% of revenue
- Payouts exceed cash flowClear-0% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear5% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $763K | $4M | $4M | $6M | $5M | 19% |
| Operating income | −$42M | −$66M | −$64M | −$60M | −$70M | 17% |
| Net income | −$145M | −$40M | −$72M | −$102M | −$189M | 86% |
| Operating cash flow | −$48M | −$37M | −$35M | −$38M | −$51M | 34% |
| Capex | $1M | $3M | $3M | $350K | $50K | 86% |
| Stock-based comp | — | — | — | $14M | $17M | 20% |
| Buybacks | — | $4K | — | — | — |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $9M · 11
- Net
- −$9M
Pay vs performance
No pay-versus-performance disclosure yet.