Oct 15, 2026, 4:07 PM ETIndustrials

NextTrip — Fiscal Second Quarter 2027 Earnings Summary

NTRPNEXTTRIP INC

Financial Performance

Second-quarter revenue was $546,687, a decrease of approximately 28% from $757,648 in the prior-year quarter.
Six-month revenue increased approximately 122% to $1,998,422 from $896,475 in the comparable prior-year period.
Deferred revenue totaled approximately $1.2 million at quarter-end, supported by continued cruise-booking activity.
Operating expenses, net loss, loss per share, and cash/liquidity information are not disclosed in this release and will be included in the upcoming Form 10-Q.

Management expects operating activity to strengthen and ramp during the second half of fiscal 2027 as the company transitions from platform integration to commercialization.
Projected calendar-year 2026 Samsung U.S. programmatic advertising revenue is expected to nearly double versus calendar-year 2025.
Future priorities include launching the initial commercial offering of NextTrip Pro, expanding JOURNY TV advertising and sponsorship monetization, deploying JOURNYGO across additional platforms, growing cruise and group travel bookings, and beginning contributions from YADA Commerce and NextTrip LIVE initiatives.
The timing and level of contribution from these initiatives depend on commercial launch schedules, customer adoption, advertising demand, and event execution.

Completed the consolidation of JOURNY TV and GoUSA TV into a unified brand, operating platform, and technology stack, with integration initiatives substantially completed after quarter-end.
Advanced NextTrip Pro toward its initial commercial rollout following product enhancements designed to strengthen the travel agency and advisor offering; initial commercial rollout and advisor onboarding are expected in the third quarter.
JOURNY TV generated more than 307 million viewing minutes from January through August 2026, averaging approximately 38 million minutes per month, with on-screen viewing time exceeding 30 minutes.
JOURNYGO completed its beta phase as a content-to-commerce tool; broader deployments across additional shows and distribution platforms are planned for the third quarter.
Cruise bookings continued to grow, contributing to the deferred-revenue balance; the platform provides access to over 10,000 sailings across more than 35 cruise lines.
NextTrip expects its controlling interest in YADA Commerce and the launch of the first YADA and NextTrip LIVE event and concert initiatives to begin contributing during the third quarter.

JOURNY TV distribution spans more than a dozen major platforms in approximately 100 countries, with estimated potential global reach exceeding 250 million viewers.
Recent distribution expansions include YouTube, international LG Channels, and JOURNY Español across Spanish-language markets.
Following a July 2026 transition to a new advertising operations partner, average monthly Samsung U.S. programmatic advertising revenue increased approximately 668% in the post-transition reporting period compared with the January–June 2026 monthly average.
Average cost per thousand advertising impressions (CPM) for Samsung U.S. programmatic advertising increased nearly sixfold following the transition.
The Company has built a pipeline of more than $5 million in potential new media advertising, sponsorship, and strategic partnership opportunities over the four months covered by the previous metrics update.
Elemental TV estimates indicate approximately 56% of JOURNY TV viewers are age 45 or older, and approximately 36% are in households earning $200,000 or more.

Second-quarter revenue was below expectations as the company prioritized platform enhancements and consolidation over maximizing near-term revenue.
Deferred revenue is generally recognized when travel or service is fulfilled and is not necessarily indicative of revenue to be recognized in any particular future period.
The projected full-year 2026 Samsung U.S. programmatic advertising revenue is a projection covering January–December and is separate from the Company's fiscal-year reporting; it relates exclusively to Samsung U.S. programmatic advertising and does not represent total consolidated revenue.
The $5 million advertising pipeline consists of opportunities under discussion and does not represent contracted commitments or guaranteed revenue.
Viewing metrics and audience estimates provide a baseline for engagement rather than a direct measure of financial performance or a direct census of viewers.

CEO Bill Kerby stated that second-quarter revenue was below expectations due to a conscious decision to build a stronger foundation for future growth by prioritizing NextTrip Pro enhancements and JOURNY TV/GoUSA TV consolidation.
Management believes these initiatives position the business for more sustainable growth as it moves into broader commercialization.
The tone indicates confidence in the consolidated media platform's ability to support advertising and sponsorship commercialization, citing the Samsung U.S. advertising improvements as a measurable example of progress.
Management expects the second half of fiscal 2027 to focus on advisor adoption, advertising and sponsorship sales, broader JOURNYGO deployment, and initial YADA and NextTrip LIVE initiatives.

The Company is a technology-forward travel and media company operating under the ticker NASDAQ: NTRP.
The JOURNY TV integration brought branding, programming, content licensing, technology, and advertising operations onto a unified platform.
NextTrip Pro is a single-sign-on platform designed to support customer acquisition, relationship management, group operations, attribution, and travel booking by bringing together NextTrip Connect, NextTrip Groups, and NextTrip Ownership Rewards.
NextTrip Groups is intended to support reservations, attendee travel, and event logistics for future events and entertainment categories.
Complete financial results including operating expenses and net loss will be filed in the Company's Quarterly Report on Form 10-Q.