1.30
0.00%
Close of 29 Oct 2026, in USD
About Next Generation Management
Its shares trade under the ticker NGMC. It has been listed since 7 June 2001. In the fiscal year to 31 December 2025, it reported revenue of $2.5m and a net loss of $30,384. At that date it held total assets of $451,968 and shareholders' equity of −$48,792.
Next Generation Management Corp. engages in the provision of turnkey cannabis consulting. The company is headquartered in Ashburn, Virginia. The company went IPO on 2001-06-07. The firm would focus on providing turnkey facilities including management, accounting and security services. In addition, the Company's wholly owned subsidiary, NextGen Cannabis Consulting LLC, entered into a lease for a new medical marijuana dispensary in Hollywood, California. The company has 1,220 acres of mineral leases containing 10 shut-in well sin Knox County, Kentucky.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Consumer Staples
- Industry
- Food & Staples Retailing
- Listed since
- 7 Jun 2001
- Employees
- 3
- Website
- nextgenmanagementcorp.com ↗
Leadership
Pay as last reported
- Darryl ReedChairman of the Board, Chief Executive Officer, since 2001$150,000
- Paul KnopickIR Contact Officer
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Next Generation Management Corp possesses several key strengths that contribute to its success in the market. Firstly, the company has a highly talented and experienced management team, which brings extensive industry knowledge and expertise to the table. This enables them to make informed decisions and effectively lead the organization.
- Secondly, Next Generation Management Corp has developed strong relationships with its clients, ensuring a loyal customer base and repeat business. The company's dedication to providing exceptional customer service has resulted in positive word-of-mouth referrals and a positive reputation within the industry.
- Additionally, Next Generation Management Corp has embraced technological advancements and integrated innovative solutions into its operations. This allows for improved efficiency, streamlined processes, and better decision-making, ultimately leading to a competitive advantage in the market.
Weaknesses
- Despite its strengths, Next Generation Management Corp also faces certain weaknesses that need to be addressed. One significant weakness is the company's heavy reliance on a few key clients for a large portion of its revenue. This dependency creates a risk if these clients were to reduce their business or choose to work with competitors.
- Moreover, Next Generation Management Corp could benefit from enhancing its marketing efforts. The company currently lacks a strong brand presence and struggles with visibility, limiting its ability to attract new clients and expand its market share.
- Lastly, the company's geographic footprint is currently limited to a specific region, limiting its potential for growth and exposure to new markets. Expanding into new territories could be beneficial for Next Generation Management Corp's long-term success.
Opportunities
- Next Generation Management Corp has several opportunities that can be leveraged to its advantage. Firstly, there is a growing demand for its services within the industry, presenting an opportunity for the company to capture additional market share and increase its revenue.
- Additionally, Next Generation Management Corp can explore strategic partnerships and collaborations with other organizations to extend its reach and offer complementary services. This would allow the company to attract new clients and diversify its service portfolio.
- Moreover, advancements in technology provide an opportunity for Next Generation Management Corp to further improve its operations and efficiency. Embracing automation, data analytics, and other emerging technologies can enhance the company's competitive position in the market.
Threats
- Next Generation Management Corp faces various threats that could potentially hinder its growth and success. One major threat is the increasing competition within the industry. As new players enter the market and existing competitors strengthen their positions, Next Generation Management Corp needs to ensure its differentiation and value proposition to retain clients and acquire new ones.
- Furthermore, economic downturns or market fluctuations can impact the company's revenue and profitability. Next Generation Management Corp should develop strategies to mitigate these risks and ensure financial stability even in challenging times.
- Lastly, regulatory changes and compliance requirements pose a threat to Next Generation Management Corp's operations. The company needs to stay updated on industry regulations and adapt its processes accordingly to avoid penalties and maintain legal compliance.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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