Nextplat announces 144% increase in first quarter 2022 revenue as e-commerce demand surges; cash balances increase to approximately $22m or $2.36 per share

Company expands e-commerce footprint with alibaba.com storefront as demand for essential communications equipment and airtime services drives record revenues coconut grove, fl / accesswire / may 16, 2022 / nextplat corp (nasdaq:nxpl)(nasdaq:nxplw) ("nextplat" or the "company"), a global e-commerce provider, today announced financial results for the first quarter ended march 31, 2022. financial highlights of the quarter ended march 31, 2022 included: net sales for the first quarter reached a record of $3,577,778, an increase of over 144% from the $1,461,428 reported in the comparable period in 2021.
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