5 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 20.3% per year over the past 4 years.
Operating margin has expanded, at -2781.7% in the latest year.
Financial health
Operating income covered interest expense 1018× in the latest year, up from -73.1× 4 years ago.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$301647
-$8M
79.7%
-2781.7%
—
—
$654783
2024
$168721
-$8M
78.3%
-4596.1%
—
—
$574485
2023
$110748
-$5M
76.8%
-5143.5%
—
—
$580230
2022
$1M
-$2M
72.5%
-138.7%
—
—
$162743
2021
$144065
-$6M
85.1%
-4177.7%
—
—
$661778
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$14950
-$2M
87.8%
-14179.9%
—
—
$1M
Dec '25
$171895
-$2M
87.8%
-1403.9%
—
—
$654783
Sep '25
$18149
-$2M
78.2%
-12924.3%
—
—
$590075
Jun '25
$70588
-$2M
67.6%
-2296.2%
—
—
$431320
Mar '25
$41015
-$2M
66.9%
-4903.6%
—
—
$622029
Dec '24
$27179
-$3M
72.4%
-10579.5%
—
—
$574485
Sep '24
$36031
-$2M
64.8%
-6962.1%
—
—
$81421
Jun '24
$26840
-$1M
73.0%
-4832.4%
—
—
$848796
Mar '24
$78671
-$1M
88.4%
-1364.8%
—
—
$546255
Dec '23
$20536
-$780669
74.5%
-7910.4%
—
—
$580230
Sep '23
$24113
-$2M
83.5%
-10017.6%
—
—
$361397
Jun '23
$35540
-$822437
73.6%
-2467.2%
—
—
$231722
Mar '23
$30560
-$748414
76.7%
-2550.5%
—
—
$174961
Dec '22
$38424
-$729677
82.1%
-1872.8%
—
—
$162743
Sep '22
$545323
-$135401
65.7%
-53.8%
—
—
$8M
Jun '22
$414288
-$439489
70.3%
-107.4%
—
—
—
Mar '22
$323322
-$393249
85.8%
-116.0%
—
—
—
Dec '21
$23999
-$595928
104.2%
-2406.3%
—
—
$661778
Sep '21
$55970
-$2M
83.4%
-3207.9%
—
—
—
Valuation over time
How the market has priced NXL against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-sales ratio has risen from 12.4× (Mar '23) to 26.6× (Jun '26).
Price / sales (P/S)
P/S
Frequently asked questions
Is NXL growing its revenue and profit?
Over the past 4 years, Nexalin Technology, Inc.'s revenue has grown 20.3% per year. These are computed facts, not advice.
How much debt does NXL have?
As of FY2025, Nexalin Technology, Inc. reported — of total debt against $654783 of cash; operating income covered interest expense 1018×.
What is NXL's profit margin?
In FY2025, gross margin was 79.7%, operating margin -2781.7%, and net margin -2725.8%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.