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Companies $NXTS
$0.55 -$0.03 (5.0%) After hours
Nexentis Technologies Inc logo

Nexentis Technologies Inc

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What Do They Do?

Develops cancer and inflammatory-disease drug candidates, and solar projects that it sells to third parties.

How Do They Make Money?

FY2024 revenue

Who Are Their Customers?

Solterra sells renewable energy projects to third parties at various stages of development.

Do Revenues Turn Into Profits?

No. It lost $5.2M in FY2024.

Operating income, FY2024
−1563% of revenue
▼ −57% (Loss) vs FY2023 (−$7.6M, −2877%)
Net income, FY2024
−2473% of revenue
▼ −20% (Loss) vs FY2023 (−$6.5M, −2476%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Net income
▲ +147% (Loss)
vs −$4.5M in Q2 FY2025
  • Sep 3, 2026 Nasdaq cited an equity shortfall under its continued-listing rules The company plans to submit a compliance plan; Nasdaq's notice did not immediately affect its listing.
  • Aug 6, 2026 The company replaced its independent auditor The board dismissed KPMG Israel and appointed Deloitte Israel to audit the 2026 financial statements.

Shrinking. Revenue fell 10% in 4 years, from $232.3K in FY2020 to $210K in FY2024, about 2% a year.

Oncology drug discovery The older report centers on treatments for fresh produce; the latest describes MitoCareX developing cancer therapeutics through drug discovery.

Solar project development The latest report also describes Solterra developing solar projects for sale to third parties, alongside the earlier focus on food-industry treatments.

Who Do They Compete With?

Competes with Relay Therapeutics, Daiichi Sankyo, and Scorpion Therapeutics

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