NextTrip, Inc. NTRP

Competitive advantage analysis · consumer-cyclical

Corporate Default
Overall moat score
9/100
Weak

About NextTrip, Inc.

NextTrip, Inc., a technology-driven travel company, develops an integrated travel booking and media platform to connect leisure, group, and business travelers in the United States and internationally. The company offers NXT2.0, a booking engine platform that enables to book customized travel options. Its product portfolio consists of NextTrip Leisure, a booking engine for customized vacation packages, flights, hotels, tours, wellness … Full NTRP analysis →

Competitive advantage assessment

Key risks

  • Commodity Pressure / Weak Differentiation Gross margin at 0th percentile with high volatility suggests weak pricing power or commoditized products.
  • Below-Peer Operating Efficiency Operating margin at 0th percentile indicates below-peer efficiency.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

Upgrade to unlock the signals and evidence behind each defense.

Premium access

Unlock full defense analysis

Get key signals, strengths, and risks for every moat dimension.

Upgrade to Premium Unlock all moat defenses and evidence.

Pricing Power

Weak
0

Where NTRP ranks in Travel Services

NextTrip, Inc. ranks #18 of 20 scored companies in Travel Services by moat score — the top 90%. The widest moat in the group is Booking Holdings Inc. Common St (BKNG) at 76/100.

Moat scores for companies ranked near NTRP in Travel Services
# Company Moat score Rating
12 Lindblad Expeditions Holdings I LIND 45/100 Developing
13 Tuniu Corporation TOUR 45/100 Developing
14 Yatra Online, Inc. YTRA 43/100 Developing
15 Norwegian Cruise Line Holdings NCLH 40/100 Developing
16 Inspirato Incorporated ISPO 33/100 Developing
17 Inspirato Incorporated ISPOW 29/100 Developing
18 NextTrip, Inc. NTRP 9/100 Weak
19 Despegar.com, Corp. DESP 0/100 Weak
20 Vacasa, Inc. VCSA 0/100 Weak

See every General Corporate company ranked by moat score →

How NTRP scores on the Corporate Default defenses

Pricing Power

Score 0 · 20% of the moat score

Pricing power is the ability to raise prices without losing volume.

Cost Advantage

Score 0 · 15% of the moat score

A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.

Customer Stickiness

Score 16 · 15% of the moat score

Stickiness is what makes revenue repeat without being re-won every year.

Capital Efficiency

Score 20 · 18% of the moat score

Capital efficiency asks what the company earns on the money tied up in the business.

Resilience

Score 16 · 17% of the moat score

Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.

Scale & Market Position

Score 0 · 15% of the moat score

Scale matters only when it converts into economics.

How each Corporate Default defense is measured, in full →

Understanding NTRP's moat

What is NextTrip, Inc.'s moat score?

NextTrip, Inc. (NTRP) scores 9 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as weak. It ranks #18 of 20 scored companies in Travel Services, the top 90%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 19 companies in Travel Services. Its strongest defense is Capital Efficiency (20/100) and its weakest is Pricing Power (0/100).

How does NextTrip, Inc. compare with other Travel Services companies?

NextTrip, Inc. ranks #18 of 20 scored companies in Travel Services by moat score. The widest moat in Travel Services is Booking Holdings Inc. Common St (BKNG) at 76/100. The companies ranked closest are Inspirato Incorporated (ISPOW) at 29 just above it and Despegar.com, Corp. (DESP) at 0 just below it.

How is the moat score calculated?

Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 19 companies in Travel Services. The defenses are then weighted to produce the overall score out of 100.

Why is NextTrip, Inc. scored with the Corporate Default template?

Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.

Which competitive defenses are measured for NextTrip, Inc.?

The Corporate Default template measures 6 defenses, and NTRP scores: Pricing Power (0), Cost Advantage (0), Customer Stickiness (16), Capital Efficiency (20), Resilience (16), Scale & Market Position (0). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.

Send Feedback
Please select a category.
0/1000