NXBNYSEShip & Boat Building & RepairingUS GAAP · USD

NextBoat Inc.

NextBoat Inc. is a United States-based ship and boat builder and repairer serving marine customers through vessel construction, refurbishment, and maintenance services. The company operates in the marine equipment and services value chain, with activity centered on building, servicing, and supporting boats and related marine assets.

Liikevaihto120milj. USD
Liikevoitto (EBIT)0,5milj. USD
EBIT-marginaali0,4%
Nettotulos−1,9milj. USD
Vapaa kassavirta−1,3milj. USD

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2025–2025

0255075100125milj. USD2025: 120 milj. USD2025: EBIT 0,46 milj. USD20251200,46
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Boat and ship building45 %

Construction of new boats and marine vessels for commercial and recreational use.

Repair and refurbishment30 %

Work to restore, upgrade, and extend the useful life of existing vessels.

Maintenance and service15 %

Ongoing servicing, inspection, and support for marine assets.

Marine sales and brokerage10 %

Sales-related services tied to buying and selling boats and marine equipment.

Tuotteet

Raportoitu · osuus liikevaihdosta
84,9%12,1%FY2025100 %
  • Pre Owned Boat Sales84,9 %
  • New Boats Sales12,1 %
  • Finance Income2,2 %
  • Service Parts and Other Sales0,8 %

Lähde: 10-K FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

NextBoat sells to owners and operators of boats and marine vessels who need new construction, repairs, or ongoing service support. Its customer base likely includes recreational boat buyers, marine operators, and commercial or specialty users that require customized vessel work and aftermarket support.

Recreational boat owners

Buy boats, upgrades, and service work for personal marine use.

Commercial marine operators

Buy construction, repair, and maintenance services for operating fleets.

Marine brokerage customers

Use sales and brokerage support to buy or sell vessels.

Service and refurbishment clients

Bring existing vessels for repair, refurbishment, and lifecycle support.

Strategia

The filings indicate a growth strategy built around acquisitions, including completed and pending marine business combinations. This suggests a focus on expanding service capacity, adding customer relationships, and broadening the company’s marine platform through roll-up activity and integration of acquired businesses.

Acquire and integrate marine businessesLyhyt aikaväli

Acquisitions can expand market reach and service breadth faster than organic growth.

Build a broader marine platformKeskipitkä aikaväli

A wider platform can cross-sell building, repair, and sales services to the same customer base.

Maantiede

NextBoat is based in the United States, and its business is anchored in the domestic marine market. The available filings do not disclose a broader geographic revenue split, so the company should be viewed primarily as a U.S.-focused operator with exposure to local marine demand, labor availability, and regional boating activity.

Riskit

The company faces execution risk from acquisitions, including financing needs, integration challenges, and the possibility that expected synergies do not materialize. It also faces ordinary marine-industry risks such as demand cyclicality, labor and supply constraints, and litigation exposure tied to operating and acquiring businesses.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Acquisition integration failure1Financing risk for acquisitions2Litigation and contingent liabilities3
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Acquisition integration failureVaikutus: KorkeaTodennäköisyys: Kohtalainen

    The company is pursuing and completing acquisitions, which can disrupt operations and dilute expected benefits.

    KohdistuuBellhart Marine GroupLLC; Apex Marine SalesLLCAffiliates
  2. Financing risk for acquisitionsVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Transactions may require additional capital and could strain funding flexibility if terms are unfavorable.

  3. Litigation and contingent liabilitiesVaikutus: KeskitasoTodennäköisyys: Matala

    Legal proceedings can produce cash costs, management distraction, and unpredictable outcomes.

  4. Marine demand cyclicalityVaikutus: Keskitaso

    Boat building and repair demand can weaken when consumer or commercial marine spending slows.

Kirjanpito

Harkinnanvaraiset erät
Business combination accounting

Acquisitions require fair-value allocation of purchase price and can create goodwill and intangibles.

Vaikutus: Affects reported assets, future amortization, and impairment risk

Goodwill impairment

Acquired businesses may not deliver expected performance, triggering non-cash write-downs.

Vaikutus: Can materially reduce earnings and equity

Contingencies and legal reserves

Litigation and assumed liabilities require judgment in estimating probable losses.

Vaikutus: Can affect expenses, liabilities, and cash flow presentation

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026