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Next Group Holdings Inc. (NXGHD)

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Last Post: 8/17/2018 12:49:28 PM - Followers: 441 - Board type: Free - Posts Today: 0

NXGH

Next Group Holdings, Inc.



Next Group Holdings, Inc. (OTCQB: NXGH), a FinTech service provider delivering mobile banking, prepaid debit and credit and telecommunications services to underbanked and underserved communities, announced record revenue for fiscal year (FY) 2017 reaching more than $53.8 million, a more than 52-fold increase over revenue for FY2016. The gross profit for FY2017 was $2.4 million, versus a gross loss of $31,000 for FY 2016. The results for FY2017, which ended December 31, 2017, were posted in the company's most recent Form 10-K. The Company's 2018-Q1 Report on Form-10Q has also been submitted and shows revenues of $20.0 million compared to 2017-Q1 revenue of $0.5 million. Net Income before non-controlling interest for the three months ended March 31, 2018 was $1.5 million compared to a loss of $1.7 million for the same period in 2016.

The company is expecting to reach 1 million customers during 2019 which would bring the total revenue for the group to $200 Million dollars.

 
An application has been submitted to FINRA to issue a new symbol along with a reverse share split to allow NXGH to meet the requirement to up list to NASDAQ.

Net income 2018 1Q  $1,523,753
 
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#26024  Sticky Note Please stay on topic. The only topic to IH Dan (Retired) 07/01/14 05:47:34 PM
#107077   Revolut was valued at $1.4b with 1.7m users. LevG 08/17/18 12:49:27 PM
#107076   That is the risk they are running...... LevG 08/17/18 08:52:12 AM
#107075   The acquisition further provides that LimeCom must achieve Arthur 08/16/18 12:16:56 PM
#107074   Has anyone found the $2m payment from NXGHD LevG 08/16/18 11:18:21 AM
#107073   They filed NT 10-Q to say they're late LevG 08/16/18 11:05:36 AM
#107072   They ought to file their 10-Q within 5 Arthur 08/16/18 10:44:43 AM
#107071   Holly smokes....it just keeps on getting worse...read this link Wright or wrong 08/16/18 08:45:15 AM
#107070   Why is there 25,733,125 shares outstanding? LevG 08/15/18 10:51:33 AM
#107069   Maybe Arik Maimon should resign as President. LevG 08/14/18 12:25:40 PM
#107068   More PR rubbish from the guys: LevG 08/14/18 12:24:10 PM
#107067   So what's happened to NXGH today? LevG 08/13/18 12:31:32 PM
#107066   wow, wow and wow...read this link folks.. Wright or wrong 08/13/18 08:40:00 AM
#107065   This is ugly folks read due diligence Wright or wrong 08/12/18 09:57:33 PM
#107064   I think we saw some short covering today.. bransteff 08/10/18 07:36:01 PM
#107063   1:300 R/S Monday, per FINRA: http://otce.finra.org/DailyList davidsson10 08/10/18 11:43:37 AM
#107062   LMAO SCAM-RS ANNOUNCED with AS REMAINING SAME. vp_007_99 08/09/18 01:09:45 PM
#107061   EXPOSED!!!! WARNING WARNING WARNING ..WHAT IM FINDING WHILE DOING Wright or wrong 08/09/18 03:24:22 AM
#107060   Shorters are betting on that http://volumebot.com/?s=nxgh Femto99 08/06/18 04:10:33 PM
#107059   At this rate they will need the full 300x1 bransteff 08/06/18 04:08:08 PM
#107058   I thought the new shares are for acquisition, Femto99 08/06/18 03:44:53 PM
#107057   I agree, only problem is that with the bransteff 08/06/18 03:39:05 PM
#107056   If the company is doing what they said Femto99 08/06/18 03:32:49 PM
#107055   Seems to me all the filings are up Femto99 08/06/18 03:27:06 PM
#107054   Interesting. Femto99 08/06/18 03:12:46 PM
#107053   http://www.hotstocked.com/article/91613/investors-haven-t-forgotten-santo-mining Wright or wrong 08/05/18 09:26:48 PM
#107052   lol...wonder how this is going... suppose they quit Wright or wrong 08/05/18 09:18:57 PM
#107051   Read this article folks...it's .....low and behold cigars.....business Wright or wrong 08/05/18 09:17:15 PM
#107050   [more failed business info..link!!! Wright or wrong 08/05/18 09:10:50 PM
#107049   TA gagged still no weekly updates...Financials still not Wright or wrong 08/05/18 09:05:43 PM
#107048   [MORE DUE DILIGENCE FOLKS...SCARY STUFF GOING ON Wright or wrong 08/05/18 09:04:28 PM
#107047   seems like every business entity involved there's a Wright or wrong 08/05/18 09:02:54 PM
#107046   "Florida Bank of Fraud" seems wrong, ought to Arthur 08/03/18 10:47:59 AM
#107045   The Cuentas card is a NextCala card. The DrContango 08/03/18 10:32:50 AM
#107044   Really folks....lol...anyone tell me how much revenue has Wright or wrong 08/03/18 12:47:13 AM
#107043   Another press release on how the revenue is Wright or wrong 08/03/18 12:45:15 AM
#107042   Let see...60,000 wallets at a retail of $59... Wright or wrong 08/03/18 12:38:23 AM
#107041   Tell me again folks... When is the attorney Wright or wrong 08/03/18 12:35:58 AM
#107040   look what else I found folks.... Wright or wrong 08/03/18 12:28:18 AM
#107039   The Cuentas card is a NextCala card. The Arthur 08/02/18 04:53:33 PM
#107038   Not sure if the Cuentas prepaid card is Arthur 08/02/18 04:33:29 PM
#107037   I added it . Arthur 08/02/18 04:30:16 PM
#107036   Just checked again...the red line is not in vp_007_99 08/02/18 04:21:28 PM
#107035   Interesting that that red line was not in vp_007_99 08/02/18 04:18:32 PM
#107034   To orchestrate the new phase of growth and Arthur 08/02/18 04:09:35 PM
#107033   LOL, from the PR... vp_007_99 08/02/18 10:30:44 AM
#107032   Got rid of my shares. At least I DCALongRun 07/25/18 06:58:06 PM
#107031   Back to .009 jindra 07/25/18 11:49:24 AM
#107030   NXGH has been issuing shares for debt for Arthur 07/23/18 11:17:46 AM
#107029   Who's dumping stock so low? There seems to LevG 07/23/18 11:11:27 AM
#107028   a reverse split of Common Stock ranging between Arthur 07/17/18 11:19:57 PM
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