Nextnav (NN) Minority Interest (2022 - 2024)
Nextnav's (NN) quarterly Minority Interest came in at $1.4 million in Q1 2024, down 64.6% on a YoY basis from $3.8 million in Q2 2023, and little changed quarter-over-quarter from $1.4 million in Q4 2023.
Analysis
Nextnav (NN) Minority Interest (2022 - 2024) Analysis & Trends
Nextnav (NN) has reported Minority Interest for 3 consecutive years, with $1.4 million the latest figure, recorded in Q1 2024.
- For the quarter ending Q1 2024, Minority Interest fell 64.6% year-over-year to $1.4 million; the trailing twelve-month figure through Mar 2024 stood at $1.4 million (down 64.6% YoY), and the FY2023 full-year result was $1.4 million, down 64.6% from the prior year.
- Minority Interest held at $1.4 million in Q1 2024 per NN's latest filing, from $1.4 million in the prior quarter.
- Across five years, Minority Interest topped out at $3.8 million in Q4 2022 and bottomed at $1.4 million in Q4 2023.
- Historically, Minority Interest has averaged $3.0 million across 3 years, with a median of $3.8 million in 2022.
- The widest YoY moves for Minority Interest: up 64.6% in 2023, down 64.6% in 2023.
- Over 3 years, Minority Interest stood at $3.8 million in 2022, then tumbled by 64.6% to $1.4 million in 2023, then changed by 0.0% to $1.4 million in 2024.
- According to Business Quant data, Minority Interest over the past three periods registered $1.4 million, $1.4 million, and $3.8 million for Q1 2024, Q4 2023, and Q3 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cisco Systems | 429.97 Bn | 414.05 Bn | 11.06 Bn |
| 2 | Ciena | 48.50 Bn | 45.87 Bn | 759.27 Mn |
| 3 | Ubiquiti | 35.16 Bn | 34.54 Bn | 429.25 Mn |
| 4 | Ericsson Lm Telephone | 33.51 Bn | 28.36 Bn | 2.58 Bn |
| 5 | Applied Optoelectronics | 9.11 Bn | 8.61 Bn | 53.21 Mn |
| 6 | Amdocs | 6.68 Bn | 6.47 Bn | 467.16 Mn |
| 7 | Extreme Networks | 2.88 Bn | 2.66 Bn | 210.49 Mn |
| 8 | Digi International | 2.63 Bn | 2.60 Bn | 89.93 Mn |
| 9 | Calix | 2.25 Bn | 2.06 Bn | 160.12 Mn |
| 10 | Nextnav | 2.14 Bn | 2.14 Bn | -905,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 1.36 Mn |
| Dec 31, 2023 | 1.36 Mn |
| Sep 30, 2023 | 3.85 Mn |
| Jun 30, 2023 | 3.85 Mn |
| Mar 31, 2023 | 3.85 Mn |
| Dec 31, 2022 | 3.85 Mn |