NextPlat Board of Directors Approves $2,000,000 Share Buyback Program
NextPlat Board of Directors Approves $2,000,000 Share Buyback Program
The Company recently announced that it expects to report record 2024 annual revenue in excess of Revenue Growth and Expected Operational Cost-Cutting and Efficiencies to Support Goal of Positive Cash Flow in Late 2025
營業收入增長和預計的運營成本削減以及效率提升，以支持在2025年底實現正現金流的目標
COCONUT GROVE, Fla., Dec. 17, 2024 /PRNewswire/ -- NextPlat Corp (NASDAQ: NXPL, NXPLW) ("NextPlat" or the "Company"), a global e-Commerce provider, today announced that its Board of Directors has approved a share repurchase program authorizing the Company to repurchase up to $2,000,000 of the Company's outstanding shares of common stock.
佛羅里達州椰子 Grove，2024年12月17日 /PRNewswire/ -- NextPlat Corp (納斯達克: NXPL, NXPLW)（「NextPlat」或「公司」），作爲全球電子商務提供商，今天宣佈其董事會已批准一項股份回購計劃，授權公司回購高達2,000,000美元的公司已發行普通股。
The timing, manner, price, and amount of any repurchases under the share repurchase program will be determined by the Company at its discretion. Purchases may be effected through open market transactions, privately negotiated transactions, transactions structured through investment banking institutions, or other means. The Company is not obligated to repurchase any specific number of shares and the program may be modified, suspended, or discontinued at any time.
股份回購計劃的時間、方式、價格和任何回購的數量將由公司自行決定。購買可以通過公開市場交易、私人談判交易、通過投資銀行機構結構化的交易或其他方式進行。公司沒有義務回購任何特定數量的股票，且該計劃可能在任何時候進行修改、暫停或中止。
The Company recently announced that it expects to report record 2024 annual revenue in excess of $63 million representing growth of over 70% compared to fiscal 2023. Results are driven by continued growth in satellite connectivity products, increases in high margin recurring airtime revenue and contributions from the healthcare business.
公司最近宣佈預計2024年年營業收入將超過6300萬美元，與2023財年相比增長超過70%。業績得益於衛星連接產品的持續增長、高利潤率的重複空中時間收入的增加以及醫療保健業務的貢獻。
"Over the past year, our team has made significant investments into the future of NextPlat, expanding our global e-Commerce and domestic healthcare businesses, positioning it to deliver continued double-digit revenue growth in 2025," said Charles M. Fernandez, Executive Chairman and CEO of NextPlat. "Expected growth and our focus on generating positive operating cashflows in 2025, supported by a strong balance sheet with a sizable cash position, provides confidence in the opportunities ahead of us and through this buyback program, we hope to capture the unrecognized intrinsic value present in our common stock."
「在過去一年中，我們的團隊對NextPlat的未來進行了重大投資，擴展了我們的全球電子商務和國內醫療保健業務，旨在在2025年實現持續的兩位數營業收入增長，」 NextPlat的執行董事長兼首席執行官查爾斯·M·費爾南德斯說。「預計的增長和我們在2025年實現正經營現金流的關注，以及強勁的資產負債表和大量現金儲備，使我們對未來的機遇充滿信心，通過這項回購計劃，我們希望捕捉到我們普通股中未被充分認識的內在價值。」
Purchases under this program may be funded from NextPlat's existing cash and cash equivalents and/or future cash flows.
本計劃下的購買可能由NextPlat現有的現金及現金等價物和/或未來現金流資助。
About NextPlat Corp
NextPlat is a global e-commerce platform company created to capitalize on multiple high-growth sectors and markets including technology and healthcare. Through acquisitions, joint ventures and collaborations, the Company intends to assist businesses in selling their goods online, domestically, and internationally, allowing customers and partners to optimize their e-Commerce presence and revenue. NextPlat currently operates an e-Commerce communications division offering voice, data, tracking, and IoT products and services worldwide as well as pharmacy and healthcare data management services in the United States through its subsidiary, Progressive Care LLC.
關於NextPlat CORP
NextPlat是一家全球電子商務平台公司，旨在利用包括科技和醫療保健在內的多個高增長領域和市場。通過收購、合資企業和合作，公司計劃幫助企業在線上、國內和國際銷售商品，使客戶和合作夥伴能夠優化他們的電子商務存在和營業收入。NextPlat目前運營着一家電子商務通信部門，提供語音、數據、追蹤和物聯網產品及服務，此外還通過其子公司Progressive Care LLC在美國提供藥品和醫療保健數據管理服務。
Forward-Looking Statements
Certain statements in this release constitute forward-looking statements. These statements include the capabilities and success of the Company's business and any of its products, services, or solutions. The words "believe," "forecast," "project," "intend," "expect," "plan," "should," "would," and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors, including the Company's ability to launch new data-driven tools and services and its ability to grow and expand as intended, any of which could cause the Company to not achieve some or all of its goals or the Company's previously reported actual results, performance (finance or operating), including those expressed or implied by such forward-looking statements. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the Securities and Exchange Commission (the "SEC"), copies of which may be obtained from the SEC's website at www.sec.gov. The Company assumes no, and hereby disclaims any, obligation to update the forward-looking statements contained in this press release.
前瞻性聲明
本發佈中的某些陳述構成前瞻性陳述。這些陳述包括公司的業務及其任何產品、服務或解決方案的能力和成功。詞語「相信」、「預測」、「項目」、「打算」、「期待」、「計劃」、「應該」、「會」，以及類似的表達和所有不屬於歷史事實的陳述，旨在識別前瞻性陳述。這些前瞻性陳述涉及並受已知和未知的風險、不確定性和其他因素的影響，包括公司推出新的數據驅動工具和服務的能力，以及如預期那樣增長和擴展的能力，這些都可能導致公司未能實現其部分或全部目標，或公司先前報告的實際結果、表現（財務或運營），包括這些前瞻性陳述所表達或暗示的結果。有關公司和可能影響前瞻性陳述實現的風險因素的更詳細信息已在公司向證券交易委員會（「SEC」）提交的文件中闡明，副本可從SEC的官方網站www.sec.gov獲得。公司對此發佈中包含的前瞻性陳述不承擔任何義務，並特此聲明不承諾進行更新。
Media and Investor Contact for NextPlat Corp:
NextPlat Corp的媒體及投資者聯繫信息：
Michael Glickman
MWGCO, Inc.
917-397-2272
[email protected]
邁克爾·格里克曼
MWGCO, Inc.
917-397-2272
[email protected]
SOURCE NextPlat Corp.
來源：NextPlat Corp。
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