NXT-ID, Inc.'s innovative 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 innovative 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 your wallet, no smart phone required. Wocket was recognized as one of the top technology products at CES 2015 by multiple media outlets including Wired.com. The Wocket works anywhere credit cards are accepted and only works with your biometric stamp of approval. NXT-ID’ wholly owned subsidiary, 3D-ID LLC, is engaged in biometric identification and has 22 licensed patents in the field of 3D facial recognition.
Company Growth (employees)
Type
Public
HQ
Oxford, US
Founded
2012
Size (employees)
16 (est)
Website
nxt-id.com
NXT-ID was founded in 2012 and is headquartered in Oxford, US

NXT-ID Office Locations

NXT-ID has offices in Oxford, Palm Bay and Melbourne
Oxford, US (HQ)
288 Christian St
Melbourne, US
285 North Dr
Palm Bay, US
3255 Bayside Lakes Blvd Se

NXT-ID Data and Metrics

NXT-ID Financial Metrics

NXT-ID's revenue was reported to be $616.9 k in FY, 2015
Numbers are in $, USD

Revenue (FY, 2015)

616.9 k

Gross profit (FY, 2015)

(1.2 m)

Gross profit margin (FY, 2015), %

(196%)

Net income (FY, 2015)

(13.1 m)

EBIT (FY, 2015)

(10.9 m)

Market capitalization (26-May-2017)

14.4 m

Closing share price (26-May-2017)

1.7

Cash (31-Dec-2015)

419 k
NXT-ID's current market capitalization is $14.4 m.
Numbers are in $, USDFY, 2013FY, 2014FY, 2015

Revenue

616.9 k

Cost of goods sold

1.8 m

Gross profit

(1.2 m)

Gross profit Margin, %

(196%)

Operating expense total

1.4 m5.2 m9.7 m

EBIT

(1.4 m)(5.2 m)(10.9 m)

EBIT margin, %

(1771%)

Interest expense

(35.5 k)(30.7 k)(1.2 m)

Interest income

1.2 k727

Pre tax profit

(7.1 m)(13.1 m)

Income tax expense

(843)(4.3 k)

Net Income

(1.5 m)(7.1 m)(13.1 m)
Numbers are in $, USDFY, 2013FY, 2014FY, 2015

Cash

303.6 k2.2 m419 k

Accounts Receivable

Inventories

6.5 k918.2 k1 m

Current Assets

313.5 k3.5 m4.8 m

Total Assets

321.2 k3.7 m5.1 m

Accounts Payable

244.1 k535.2 k1.3 m

Current Liabilities

2.2 m928.4 k4.3 m

Additional Paid-in Capital

(80.2 k)11.6 m22.8 m

Retained Earnings

(1.8 m)(8.8 m)(21.9 m)

Total Equity

(1.8 m)2.7 m881.3 k

Financial Leverage

-0.2 x1.3 x5.8 x
Numbers are in $, USDFY, 2013FY, 2014FY, 2015

Net Income

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

Depreciation and Amortization

585183.2 k

Accounts Receivable

Inventories

(6.5 k)918.2 k400.5 k

Accounts Payable

244.1 k535.2 k1.4 m

Cash From Operating Activities

(840.5 k)(8.6 m)

Purchases of PP&E

(6.4 k)(381.8 k)

Cash From Investing Activities

(6.4 k)(1.9 m)

Cash From Financing Activities

1 m8.7 m

Interest Paid

Income Taxes Paid

1 k
Numbers are in $, USDY, 2015

Revenue/Employee

38.6 k

Financial Leverage

5.8 x

NXT-ID Market Value History

NXT-ID Online and Social Media Presence

NXT-ID Company Life and Culture

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