Trade NextPlay Technologies, Inc. - NXTP CFD

About Nextplay Technologies Inc

NextPlay Technologies, Inc., formerly Monaker Group, Inc., is a technology solutions company. The Company is offering gaming, in-game advertising, crypto-banking, connected television (TV) and travel booking services to consumers and corporations within digital ecosystem. The Company’s engaging products and services utilize advertising technology (AdTech), artificial intelligence (AI) and financial technology (Fintech) solutions to leverage the strengths and channels of its existing and acquired technologies.

Financial summary

BRIEF: For the nine months ended 30 November 2021, Nextplay Technologies Inc revenues increased from $48K to $6.8M. Net loss increased from $7.1M to $18.3M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects General and administrative increase from $2.3M to $7M (expense), Salaries and benefits increase from $1.7M to $5M (expense).

Equity composition

Common Stock $0.00001 Par, 11/10, 200M auth., 45,281,388 issd., less 11,500shs. in Treas. @ $100K. Insiders own 5.30%. Series A Preferred Stock $.01Par, 11/10, 3M auth., 663,243 issd. Series B Preferred Stock $1 Par, 3M auth., 0 issd. Series C Preferred Stock $.01 Par, 1,750K auth. 0 issd. 05/12, 1-For-500 Reverse Stock Split.