NXT Energy Solutions Inc. (NSFDF)

NXT Energy Solutions Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	2.15	0	3.13	0.14	11.98
Revenue Growth (YoY)	-	-	2195.04%	-98.86%	-
Cost of Revenue	1.76	2.95	3	2.87	4.39
Gross Profit	0.39	-2.95	0.13	-2.74	7.58
Selling, General & Admin	5.67	3.74	3.19	3.34	3.54
Research & Development	0.09	0	0.05	0	0
Other Operating Expenses	-0.02	-0.03	-0.02	-0.01	-0.06
Operating Expenses	5.67	3.74	3.19	3.34	3.54
Operating Income	-5.28	-6.7	-3.05	-6.15	4.28
Interest Income	0	0	0	0.01	0.02
Interest Expense	0.16	0.03	0.04	0	0
Other Expense / Income	0.01	0	0.04	-0.14	0.31
Pretax Income	-5.45	-6.73	-3.12	-6	3.77
Income Tax	-0	0.03	0.05	-0.09	0.21
Net Income	-5.45	-6.77	-3.17	-5.91	3.77
Shares Outstanding (Basic)	78	66	65	65	69
Shares Outstanding (Diluted)	78	66	65	65	69
Shares Change	17.55%	1.46%	0.39%	-5.50%	4.13%
EPS (Basic)	-0.07	-0.10	-0.05	-0.09	0.06
EPS (Diluted)	-0.07	-0.10	-0.05	-0.09	0.06
Free Cash Flow	-4.87	-2.93	-1.1	-3.45	3.86
Free Cash Flow Per Share	-0.06	-0.04	-0.02	-0.05	0.06
Gross Margin	18.00%	-	4.26%	-2003.30%	63.32%
Operating Margin	-246.21%	-	-97.24%	-4505.42%	35.70%
Profit Margin	-254.05%	-	-101.15%	-4329.12%	31.50%
Free Cash Flow Margin	-226.85%	-	-35.05%	-2528.39%	32.25%
Effective Tax Rate	-	-	-	-	5.63%
EBITDA	-3.52	-4.93	-1.27	-4.37	6.06
EBITDA Margin	-164.21%	-	-40.56%	-3201.43%	50.57%
Depreciation & Amortization	1.76	1.77	1.78	1.78	1.78
EBIT	-5.28	-6.7	-3.05	-6.15	4.28
EBIT Margin	-246.21%	-	-97.24%	-4505.42%	35.70%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.