/
Corporate History Next Meats Holdings, Inc., formerly known as Turnkey Solutions, Inc., was incorporated on April 15, 2020 in the State of Nevada. On April 15, 2020, Paul Moody was appointed Chief Executive Officer, Chief Financial Officer, and Director of the Company, at the time known as Turnkey Solutions, Inc.
The business is unprofitable at the operating level (-194.72% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 79.9% YoY. Margins deteriorated 117.7pp alongside, both lines moving the wrong way.
Operating margin contracted 117.7pp YoY, cost discipline may be slipping.
Profitability & Returns
Revenue (TTM)
$904K
▼ -79.9% YoY
Net Income (TTM)
-$4M
▲ +16.6% YoY
Op. Margin
-262.26%
▼ -117.7pp YoY
ROIC
-16117.04%
▲ +86.0pp YoY
Cash Flow & Balance Sheet
FCF
N/A
Op. Cash Flow (TTM)
-$1M
▲ +80.4% YoY
Net Debt
-$40K
Net Cash Position
Cash & Equiv.
$40K
Continue Research