NXT-ID, Inc.'s MobileBio solution mitigates consumer risks associated with mobile computing, m-commerce, and smart OS-enabled devices. The Company is focused on the growing m-commerce market, launching its MobileBio suite of biometric solutions that secure consumers' mobile platforms led by Wocket; a next generation smart wallet designed to replace all the cards in the wallet, no smart phone required. Wocket works anywhere credit cards are accepted and only works with a biometric stamp of approval. NXT-ID’ wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification and has licensed patents in the field of 3D facial recognition.

Type
Public
HQ
Melbourne, US
Founded
2012
Size (employees)
16 (est)
Website
nxt-id.com
NXT-ID was founded in 2012 and is headquartered in Melbourne, US
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NXT-ID Office Locations

NXT-ID has an office in Palm Bay, Oxford and Melbourne
Melbourne, US (HQ)
285 North Dr
Oxford, US
288 Christian St
Palm Bay, US
3255 Bayside Lakes Blvd SE
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NXT-ID Financials and Metrics

NXT-ID Financials

NXT-ID's revenue was reported to be $7.74 m in FY, 2016 which is a 1154.2% increase from the previous period.
USD

Revenue (Q3, 2017)

4.5 m

Gross profit (Q3, 2017)

2.8 m

Gross profit margin (Q3, 2017), %

62.3%

Net income (Q3, 2017)

(4 m)

EBIT (Q3, 2017)

(1.7 m)

Market capitalization (5-Feb-2018)

5.9 m

Cash (4-Feb-2018)

514.6 k

EV

6.1 m
NXT-ID's current market capitalization is $5.9 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

616.9 k7.7 m

Revenue growth, %

1154%

Cost of goods sold

1.8 m4.4 m

Gross profit

(1.2 m)3.3 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

2.3 k113.1 k418.1 k42.3 k38.5 k3.1 m6.7 m7.7 m4.5 m

Cost of goods sold

2 k133.9 k565.6 k75.2 k64 k1.7 m3.2 m3.9 m1.7 m

Gross profit

280 (20.7 k)(147.5 k)(32.9 k)(25.5 k)1.3 m3.5 m3.8 m2.8 m

Gross profit Margin, %

12%(18%)(35%)(78%)(66%)44%53%50%62%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

303.6 k2.2 m419 k3.3 m

Accounts Receivable

1.2 m

Inventories

6.5 k918.2 k1 m5.3 m

Current Assets

313.5 k3.5 m4.8 m11.2 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

26.3 k338.2 k588.2 k4.8 m324.2 k153.7 k147.4 k121.5 k977.5 k1.6 m2.5 m1.3 m514.6 k

Accounts Receivable

151.5 k869.9 k2 m2.4 m2.5 m

Inventories

4.1 k29.5 k30.2 k32.6 k566.1 k1.1 m1.4 m1.9 m2.2 m4.7 m5.2 m5.3 m4.9 m

Current Assets

30.4 k371 k716.9 k5 m1.7 m1.9 m2.6 m3.1 m3.9 m8.5 m11.9 m10.6 m10.1 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(1.5 m)(7.1 m)(13.1 m)(12.8 m)

Depreciation and Amortization

585 183.2 k579.2 k

Inventories

(6.5 k)918.2 k400.5 k(1.1 m)

Accounts Payable

244.1 k535.2 k1.4 m120 k
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(474 k)(1.6 m)(2.2 m)(2.7 m)(2 m)(3.5 m)(3.5 m)(5.4 m)(2.5 m)(2.4 m)(730.2 k)

Inventories

30.2 k32.6 k566.1 k1.1 m1.4 m1.9 m2.2 m4.7 m

Accounts Payable

92.8 k297 k375.1 k645.3 k879 k1.4 m1.1 m2.1 m2.3 m
USDY, 2017

EV/EBIT

-3.6 x

Debt/Equity

0.1 x

Financial Leverage

6.8 x
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