Earnings release
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Exhibit 99.1 NextTrip NextTrip Reports Fiscal Second Quarter 2027 Results and Completes Key Platform Integration Initiatives Six - Month Revenue More Than Doubles to Approximately $ 2.0 Million ; JOURNY TV Audience Engagement and Advertising Gains Support Second- Half Commercialization Strategy Sunrise , FL - October 15 , 2026 - NextTrip , Inc. ( NASDAQ : NTRP ) ( “ NextTrip , ” the “ Company , ” “ we , ” “ our , ” or “ us ” ) , a technology - forward travel and media company defining the intersection of media , travel , and the creator economy , today announced preliminary financial results and provided a business update for its fiscal second quarter and six months ended August 31 , 2026 . Second Quarter and Subsequent Operating Highlights • • • • Six - month revenue increased approximately 122 % to approximately $ 2.0 million , compared with approximately $ 0.9 million in the prior - year period . Deferred revenue totaled approximately $ 1.2 million at quarter - end , supported in part by continued cruise - booking activity . Completed the consolidation of JOURNY TV and GoUSA TV into a unified brand , operating platform and technology stack , with related integration initiatives substantially completed after quarter - end . Advanced NextTrip Pro toward its initial commercial rollout following product enhancements designed to strengthen the travel agency and advisor offering . Reported more than 307 million JOURNY TV viewing minutes for January - August 2026 and significant Samsung U.S. programmatic advertising gains following the July advertising operations transition , providing an initial operating baseline for the consolidated media platform . Preliminary Financial Results Revenue context Second - quarter revenue was $ 546,687 , a decrease of approximately 28 % from $ 757,648 in the prior - year quarter . For the six - month period , revenue increased approximately 122 % to $ 1,998,422 from $ 896,475 in the comparable prior - year period . Deferred revenue was approximately $ 1.2 million at quarter - end , supported in part by continued growth in cruise bookings . Deferred revenue is generally recognized when the related travel or service is fulfilled and is not necessarily indicative of revenue to be recognized in any particular future period . Management commentary " Second - quarter revenue was below our expectations as we made a conscious decision to take the time needed to build a stronger foundation for future growth , prioritizing enhancements to NextTrip Pro and the consolidation of JOURNY TV and GoUSA TV over maximizing near - term revenue from our existing offerings , " said Bill Kerby , Chief Executive Officer of NextTrip . " We believe this work positions the business for more sustainable growth as we move into broader commercialization .