vs

Side-by-side financial comparison of Hafnia Ltd (HAFN) and NextTrip, Inc. (NTRP). Click either name above to swap in a different company.

NextTrip, Inc. is the larger business by last-quarter revenue ($1.2M vs $31.0K, roughly 38.8× Hafnia Ltd).

Hafnia Ltd is a leading global shipping firm focused on operating product and chemical tanker fleets. It transports diverse bulk liquid cargoes including refined petroleum products, specialty chemicals, and edible oils, catering to clients across the energy, chemical manufacturing, and agricultural commodity industries worldwide.

NeXT, Inc. was an American technology company headquartered in Redwood City, California, which specialized in computer workstations for higher education and business markets, and later developed the first dynamic web page software. It was founded in 1985 by Steve Jobs, the Apple Computer co-founder who had been removed from Apple that year. NeXT debuted with the NeXT Computer in 1988, and released the NeXTcube and smaller NeXTstation in 1990. The series had relatively limited sales, with only...

HAFN vs NTRP — Head-to-Head

Bigger by revenue
NTRP
NTRP
38.8× larger
NTRP
$1.2M
$31.0K
HAFN

Income Statement — Q1 2024 vs Q3 2026

Metric
HAFN
HAFN
NTRP
NTRP
Revenue
$31.0K
$1.2M
Net Profit
$-3.3M
Gross Margin
18.1%
Operating Margin
-257.0%
Net Margin
-272.9%
Revenue YoY
1508.0%
Net Profit YoY
-63.0%
EPS (diluted)
$-0.37

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HAFN
HAFN
NTRP
NTRP
Q4 25
$1.2M
Q3 25
$757.6K
Q2 25
$138.8K
Q1 25
$83.5K
Q4 24
$74.6K
Q3 24
$154.5K
Q2 24
$188.8K
Q1 24
$31.0K
$89.6K
Net Profit
HAFN
HAFN
NTRP
NTRP
Q4 25
$-3.3M
Q3 25
$-2.9M
Q2 25
$-4.5M
Q1 25
$-4.6M
Q4 24
$-2.0M
Q3 24
$-1.5M
Q2 24
$-2.0M
Q1 24
$-3.4M
Gross Margin
HAFN
HAFN
NTRP
NTRP
Q4 25
18.1%
Q3 25
21.9%
Q2 25
28.0%
Q1 25
-10.6%
Q4 24
-2.8%
Q3 24
-0.6%
Q2 24
8.1%
Q1 24
-35.4%
Operating Margin
HAFN
HAFN
NTRP
NTRP
Q4 25
-257.0%
Q3 25
-422.7%
Q2 25
-3342.1%
Q1 25
-2656.6%
Q4 24
-2376.3%
Q3 24
-951.0%
Q2 24
-1034.1%
Q1 24
-1890.7%
Net Margin
HAFN
HAFN
NTRP
NTRP
Q4 25
-272.9%
Q3 25
-382.5%
Q2 25
-3210.6%
Q1 25
-5506.1%
Q4 24
-2692.1%
Q3 24
-993.3%
Q2 24
-1048.1%
Q1 24
-3797.0%
EPS (diluted)
HAFN
HAFN
NTRP
NTRP
Q4 25
$-0.37
Q3 25
$-0.39
Q2 25
$-0.68
Q1 25
$0.81
Q4 24
$-0.35
Q3 24
$-1.14
Q2 24
$-1.55
Q1 24

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HAFN
HAFN
NTRP
NTRP
Cash + ST InvestmentsLiquidity on hand
$2.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$5.9M
Total Assets
$14.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HAFN
HAFN
NTRP
NTRP
Q4 25
$2.4M
Q3 25
$1.8M
Q2 25
$130.9K
Q1 25
$1.1M
Q4 24
$15.4K
Q3 24
$102.0K
Q2 24
$36.7K
Q1 24
$323.8K
Stockholders' Equity
HAFN
HAFN
NTRP
NTRP
Q4 25
$5.9M
Q3 25
$5.6M
Q2 25
$6.7M
Q1 25
$7.4M
Q4 24
$-1.4M
Q3 24
$-134.1K
Q2 24
$1.2M
Q1 24
$3.1M
Total Assets
HAFN
HAFN
NTRP
NTRP
Q4 25
$14.4M
Q3 25
$13.9M
Q2 25
$11.0M
Q1 25
$9.9M
Q4 24
$5.0M
Q3 24
$4.9M
Q2 24
$4.7M
Q1 24
$5.1M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HAFN
HAFN
NTRP
NTRP
Operating Cash FlowLast quarter
$-2.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HAFN
HAFN
NTRP
NTRP
Q4 25
$-2.0M
Q3 25
$572.4K
Q2 25
$-1.0M
Q1 25
$-1.9M
Q4 24
$-1.2M
Q3 24
$-810.2K
Q2 24
$-1.1M
Q1 24
$-3.1M

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons