Headquartered in Beijing, China, and established in 2019, Next Technology Holding Inc. delivers comprehensive technical services and innovative solutions, primarily through its ...
Next Technology Holding Inc. (NXTT) focuses on delivering software solutions that help small merchants and micro-enterprises operate and expand through technology-enabled customer acquisition, analytics, and internationalization. The company’s description emphasizes a social e-commerce orientation, where product and merchant expansion are supported by data-driven recommendation and multi-channel analytics. A central product ...Next Technology Holding Inc. (NXTT) focuses on delivering software solutions that help small merchants and micro-enterprises operate and expand through technology-enabled customer acquisition, analytics, and internationalization. The company’s description emphasizes a social e-commerce orientation, where product and merchant expansion are supported by data-driven recommendation and multi-channel analytics. A central product is YCloud, described as an intelligent cloud-based system engineered to support the internationalization needs of micro-enterprises. In practice, this suggests a platform approach that ties together: (1) data analytics based on big data insights and social recommendation patterns, (2) AI-powered tools intended to help users plan and execute expansion, and (3) administrative and operational systems for merchants.
YCloud also includes commerce enablement via widely used payment rails such as Alipay, WeChat Pay, and UnionPay, aiming to reduce friction for cross-channel transactions. Beyond the core platform, the company provides additional technology services including “ChatGPT technical services,” bespoke software development, and broader system support, indicating both product and services components. From a business model perspective, this can translate into revenue streams related to software/service subscriptions or deployments (for SaaS-like offerings) and project-based or managed services (for custom development and systems support).
Cost and product build considerations are not fully detailed in the provided data; however, the company’s stated employee base is relatively small (28 full-time employees as of Dec 31, 2025), which typically implies a lean operating structure where engineering and delivery may be complemented by partners or scalable platform tooling. The provided financial snapshot (TTM) indicates negative profitability metrics (e.g., negative operating/net profit margins) and negative free cash flow indicators, which may reflect investment cycles typical of early-stage platform development, integration costs, or ongoing R&D and commercialization efforts.
The company also appears to pursue a dual-engine strategy described in market coverage as “AI plus digital assets,” including bitcoin acquisition. This can affect financial presentation and cash/asset allocation decisions differently than a pure software-only company, potentially influencing balance-sheet risk, volatility, and related accounting impacts.
Leadership is identified as CEO Weihong Liu. The company is incorporated in 2019 and underwent a name change to Next Technology Holding Inc. in April 2024 (formerly WeTrade Group, Inc.), suggesting a rebranding/strategy refinement during that period. Overall, NXTT positions itself at the intersection of AI-enabled commerce technology (through YCloud and related integrations) and software development services, targeting merchant operators and small enterprises that benefit from analytics-driven tools and accessible payment ecosystems.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$11.6M
+545.3%
+80.8%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$143.2M
+564.4%
+71.9%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
+15.1%
-74.6%
+151.3%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
-690.5%
-73863.3%
+59.9%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
+1232.6%
+3.0%
+84.5%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$-3.1M
—
+50.5%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
-26.5%
—
+72.6%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
0.4%
-52.0%
-100.0%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
133.17x
+337.7%
-2.9%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.