NXT Energy Solutions Inc. (NSFDF)

NXT Energy Solutions Income Statement

Financials in millions CAD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	14.16	0.64	2.15	-	3.13	0.14
Revenue Growth (YoY)	415.42%	-69.97%	-	-	2195.04%	-98.86%
Cost of Revenue	4.64	2.02	2.25	1.18	1.22	1.11
Gross Profit	9.53	-1.38	-0.1	-1.18	1.91	-0.97
Selling, General & Admin	4.38	4.05	3.42	3.74	3.66	3.69
Other Operating Expenses	-	-	-	-	0.02	0.01
Operating Expenses	6.3	5.93	5.18	5.51	5.45	5.48
Operating Income	3.23	-7.31	-5.28	-6.68	-3.54	-6.46
Interest Expense	-0.89	-0.75	-0.16	-0.04	-0.04	-
Interest & Investment Income	-	-	-	-	-	0.01
Currency Exchange Gain (Loss)	-0.3	-0.57	0.01	0.02	-0.01	0.06
Other Non Operating Income (Expenses)	-5.61	-0.31	-0.02	-0.03	-	-
EBT Excluding Unusual Items	-3.58	-8.94	-5.45	-6.73	-3.59	-6.38
Gain (Loss) on Sale of Assets	0.03	-0.1	-	-	-	-
Other Unusual Items	-0.03	-0.03	-	-	0.47	0.35
Pretax Income	-3.58	-9.08	-5.45	-6.73	-3.12	-6.03
Net Income	-3.58	-9.08	-5.45	-6.73	-3.12	-6.03
Net Income to Common	-3.58	-9.08	-5.45	-6.73	-3.12	-6.03
Shares Outstanding (Basic)	74	78	78	66	65	64
Shares Outstanding (Diluted)	74	78	78	66	65	64
Shares Change (YoY)	-4.99%	0.80%	18.36%	1.46%	0.39%	-5.50%
EPS (Basic)	-0.05	-0.12	-0.07	-0.10	-0.05	-0.09
EPS (Diluted)	-0.05	-0.12	-0.07	-0.10	-0.05	-0.09
Free Cash Flow	-0.94	-4	-4.86	-2.93	-1.03	-3.41
Free Cash Flow Per Share	-0.01	-0.05	-0.06	-0.04	-0.02	-0.05
Gross Margin	67.26%	-213.80%	-4.82%	-	60.94%	-
Operating Margin	22.78%	-1134.62%	-246.21%	-	-113.04%	-4728.42%
Profit Margin	-25.25%	-1408.95%	-254.05%	-	-99.67%	-4414.15%
Free Cash Flow Margin	-6.64%	-620.31%	-226.70%	-	-32.96%	-2494.84%
EBITDA	5.15	-5.42	-3.52	-4.91	-1.76	-4.67
EBITDA Margin	36.34%	-	-164.12%	-	-56.29%	-
D&A For EBITDA	1.92	1.89	1.76	1.77	1.78	1.78
EBIT	3.23	-7.31	-5.28	-6.68	-3.54	-6.46
EBIT Margin	22.78%	-	-246.21%	-	-113.04%	-

Updated Nov 7, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.