News Archives - Web3MediaWire

ThursdayMay 15, 2025 9:00 am

Web3MediaBreaks – NextPlat Corp (NASDAQ: NXPL) Reports Q1 Revenue of $14.5M, Expands Airtime Business Despite Healthcare Headwinds

NextPlat (NASDAQ: NXPL, NXPLW) reported Q1 2025 revenue of $14.5 million, down from $17.5 million in the prior year, driven by changes in 340B pharmacy agreements and prescription volume. Gross margin declined to 23.8%, while operating expenses fell 26% to $4.9 million due to reduced legal and non-recurring costs. Net loss narrowed to $1.3 million, or ($0.05) per share. The company ended the quarter with $17.7 million in cash and expanded its e-Commerce reach, including a 51% increase in recurring airtime revenue and growing OPKO product sales in China. Management remains focused on high-margin services and strategic healthcare growth. To view…

TuesdayMay 06, 2025 10:20 am

Web3MediaBreaks – NextPlat Corp (NASDAQ: NXPL) to Announce Q1 2025 Results on May 15, Hosts Investor Call at 8:30 a.m.

NextPlat (NASDAQ: NXPL, NXPLW), a global e-commerce provider, will release its financial results for the quarter ended March 31, 2025, before market open on May 15. Management will host a conference call at 8:30 a.m. EDT the same day, led by Executive Chairman and CEO Charles M. Fernandez, CFO Cecile Munnik, and President and CEO of Global Operations David Phipps. To view the full press release, visit: https://ibn.fm/jV8HE 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…

TuesdayApr 29, 2025 9:10 am

Web3MediaBreaks – NextPlat Corp (NASDAQ: NXPL) Receives Nasdaq Notice for Minimum Bid Price Noncompliance

NextPlat (NASDAQ: NXPL, NXPLW) announced it has received a written notice from Nasdaq Stock Market LLC stating that the company is not in compliance with Nasdaq Listing Rule 5550(a)(2), as its closing bid price has remained below $1.00 per share for 30 consecutive business days. NextPlat has been granted a 180-calendar day period, until Oct. 27, 2025, to regain compliance by maintaining a minimum $1.00 closing bid price for at least 10 consecutive business days. The company may qualify for an additional 180-day extension if it meets other listing requirements. NextPlat stated it is actively pursuing strategies to improve business efficiency…

TuesdayApr 15, 2025 8:30 am

Web3MediaBreaks – NextPlat Corp (NASDAQ: NXPL) Secures Military Contract Extension for Iridium PTT Services

NextPlat (NASDAQ: NXPL, NXPLW), a global e-commerce provider, announced that its subsidiary, Global Telesat Communications Ltd., received a one-year contract extension from an African military customer for wireless connectivity services. The renewal builds on a 2024 deal for Iridium Push-To-Talk (PTT) hardware and airtime services, which marked the largest such contract in company history. The extension includes options for additional hardware and annual service renewals and is not impacted by recent U.S. tariffs. The Iridium Extreme PTT devices are favored for their secure, global communication capabilities in high-demand government, military and enterprise applications. To view the full press release, visit:…

MondayApr 14, 2025 9:20 am

Web3MediaBreaks – NextPlat Corp (NASDAQ: NXPL) Halts Some U.S. Product Plans in China Over Tariff Escalation

NextPlat (NASDAQ: NXPL, NXPLW), a global e-commerce provider, announced it will pause select initiatives within its e-commerce development program due to China’s recent tariff hikes on U.S.-produced goods. The affected efforts include the planned launch of the Florida Sunshine brand of vitamins and supplements, which would face high import costs and diminished competitiveness in the Chinese market. The company launched its cross-border program in April 2023 to help U.S. businesses reach Chinese consumers via platforms like Alibaba’s Tmall. Despite the setback, NextPlat will continue offering OPKO Health Europe’s (NASDAQ: OPK) non-U.S.-made products in China, including nutraceuticals, supplements and upcoming pet…

FridayMar 28, 2025 2:05 pm

Web3MediaBreaks – Upstream Enhances KYC Process to Streamline User Experience

Upstream published a blog today that discussed ongoing efforts to enhance the trading experience via its innovative platform. The latest upgrade to Upstream’s KYC (Know Your Customer) identity verification process makes it more intuitive and seamless for users. The redesigned interface ensures a smoother experience while maintaining quick and secure verification, which is essential for preventing fraud and illicit activity. Users are prompted to complete KYC once their account balance reaches $500 or when withdrawing funds, though they can initiate verification at any time through the profile settings. Verification can take as little as 15 minutes or up to two…

ThursdayMar 06, 2025 10:10 am

Web3MediaBreaks – NextPlat Corp (NASDAQ: NXPL) to Release Full-Year 2024 Financial Results on March 17

NextPlat (NASDAQ: NXPL, NXPLW), a global e-commerce provider, announced it will release its financial results for the full-year ended Dec. 31, 2024, before market open on March 17, 2025. Executive Chairman and CEO Charles M. Fernandez, CFO Cecile Munnik, and President and CEO of Global Operations David Phipps will host a conference call at 8:30 a.m. Eastern to discuss the results and recent developments. To view the full press release, visit: https://ibn.fm/jkQF4 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…

FridayFeb 28, 2025 11:55 am

Web3MediaBreaks – Upstream Delves into Growing Trend of RWA Tokenization

Upstream published a blog that explores the digitization of real-world assets (“RWAs”), describing another example of tokenization that is happening today. RWAs refer to tangible assets such as real estate, fine art, as well as commodities like gold. With the use of blockchain technology, these assets can be divided into fractions and represented as pieces or “shares” to be sold at a fractional cost of the present-day market value. The blog reads, “Real-world assets are positioned to become one of the most impactful use cases for tokenization, bringing liquidity, accessibility, and efficiency to traditionally illiquid markets like real estate, commodities,…

ThursdayFeb 27, 2025 12:55 pm

Web3MediaBreaks – Fat Dogs Mint is Live: Get Your All-Access Pass to WAGMI’s Next Chapter

From the backrooms of early crypto to some of the largest gatherings on the planet, Fat Dogs are carrying a well-established legacy into its next decade of blockchain innovation. The NFT mint is spearheaded by crypto conference pioneer Moe Levin. His events have drawn 50K+ attendees, fueled $500M+ in value, and hosted the greatest minds in the space. Now, with the official Fat Dogs mint, you can secure your place in this storied community and enjoy exclusive access. Minting a Fat Dog isn’t just about owning a piece of digital art—it’s a VIP pass to WAGMI-hosted events worldwide. Whether you’re…

FridayFeb 21, 2025 1:50 pm

Web3MediaBreaks – Upstream Unveils Exciting Glimpse into the Future of Trading

Upstream published a blog today that explores the future of global securities trading. The digitization of traditional securities is transforming the global financial landscape, making investing more efficient, inclusive and accessible. Powered by blockchain technology, tokenization is unlocking next-generation capabilities such as fractional ownership, instant settlement and global accessibility. Platforms like Upstream, part of MERJ Exchange, are leading the way in tokenized security trading. The blog reads, “Upstream is live with issuers dual-listed from major exchanges like Nasdaq, NYSE and CSE, giving investors (non-U.S.) of all levels access to stocks they might otherwise struggle to trade. By leveraging tokenization behind…

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