NextTrip, Inc. announced on November 19 2025 that it has signed a Letter of Intent and entered exclusive discussions to acquire GoUSA TV, a free, ad‑supported streaming platform that showcases American travel destinations through documentaries and series. The deal would add GoUSA TV’s content library and related assets to NextTrip’s existing media properties, including Journy.tv and Travel Magazine, and is intended to broaden the company’s global media footprint and enhance distribution for its core booking engine, NXT2.0.
The acquisition is part of NextTrip’s “content‑to‑commerce” strategy, which seeks to convert inspirational travel content into bookings and advertising revenue. By relaunching GoUSA TV under a “Powered by NextTrip” brand, the company aims to leverage the platform’s audience to drive traffic into its booking funnel and monetize through targeted advertising. Management believes the move will create cross‑sell opportunities across its media and technology ecosystem.
While the Letter of Intent does not disclose financial terms, NextTrip expects the definitive agreement and closing to occur before year‑end 2025. The company has not yet announced a purchase price or financing structure, but the deal is expected to be financed through a combination of cash on hand and potential debt issuance, given the company’s current liquidity profile.
NextTrip’s financial health remains a concern. Over the past three fiscal years, revenue growth has declined by 54.9%, and the company posted a net margin of –1,323.32% and an Altman Z‑Score of –4.92, indicating a high bankruptcy risk. The current ratio stands at 0.7 and debt‑to‑equity at 0.63. Despite these challenges, the company reported a 446% quarter‑over‑quarter revenue increase from Q1 to Q2 fiscal 2026, driven by a surge in bookings through its NXT2.0 engine. The acquisition is therefore seen as a strategic attempt to diversify revenue streams and strengthen the company’s competitive position.
The announcement was met with a modest positive reaction from investors, reflecting optimism about the potential for increased bookings and advertising revenue while also acknowledging the company’s ongoing financial difficulties and the lack of disclosed deal terms.
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