Professional
Added to YB: 2023-12-07
Pitch date: 2023-12-07
NN [bearish]
NextNav Inc.
-316.5%
current return
Author Info
No bio for this author
Company Info
NextNav Inc. provides positioning, navigation, and timing (PNT) solutions in the United States. The company offers Pinnacle, an accurate altitude service for public safety applications, including enhanced 911 for Verizon and national cellular network providers.
Market Cap
$1.7B
Pitch Price
$3.94
Price Target
N/A
Dividend
N/A
EV/EBITDA
-31.69
P/E
-10.73
EV/Sales
322.23
Sector
Software
Category
turnaround
NextNav (NN): Geolocation Data Firm Navigating Into Choppy Waters
$NN: GPS disruptor nearly bankrupt in '21 w/ $0.5M rev, $21M loss. $400M SPAC saved it but pivots to metaverse, AVs, eVTOLs struggling. '23 sales $2.7M vs $75M est. Pinnacle emergency network lags tech giants, TerraPoint needs $1B. Debt up, interest>rev, grim future vs. rivals.
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