Northern Technologies International Corporation (NTIC)

NTIC Income Statement

Financials in millions USD. Fiscal year is September - August.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Nov 30, 2024	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021	Aug 31, 2020
Revenue	86.22	85.06	79.9	74.16	56.49	47.64
Revenue Growth (YoY)	7.59%	6.45%	7.75%	31.27%	18.59%	-14.55%
Cost of Revenue	51.6	51.27	52.1	51.09	36.92	31.61
Gross Profit	34.62	33.79	27.8	23.07	19.57	16.03
Selling, General & Admin	31.51	30.59	28.46	23.64	20.28	19.34
Research & Development	5.04	4.8	4.97	4.78	4.4	3.98
Other Operating Expenses	-5.29	-5.25	-5.19	-5.77	-5.96	-4.61
Operating Expenses	31.27	30.14	28.24	22.65	18.72	18.71
Operating Income	3.35	3.65	-0.43	0.42	0.86	-2.68
Interest Expense	-0.35	-0.34	-0.46	-0.09	-0.02	-0.02
Interest & Investment Income	0.1	0.12	0.03	0.05	0.15	0.17
Earnings From Equity Investments	4.25	4.22	6.45	4.73	7.47	4.27
EBT Excluding Unusual Items	7.35	7.65	5.59	5.11	8.46	1.74
Gain (Loss) on Sale of Investments	-	-	-	3.95	-	-
Pretax Income	7.35	7.65	5.59	9.06	8.46	1.74
Income Tax Expense	1.32	1.33	1.35	1.87	1.46	2.67
Earnings From Continuing Operations	6.03	6.32	4.24	7.19	7	-0.93
Minority Interest in Earnings	-0.96	-0.91	-1.33	-0.86	-0.72	-0.4
Net Income	5.07	5.41	2.91	6.32	6.28	-1.34
Net Income to Common	5.07	5.41	2.91	6.32	6.28	-1.34
Net Income Growth	53.52%	85.73%	-53.95%	0.69%	-	-
Shares Outstanding (Basic)	9	9	9	9	9	9
Shares Outstanding (Diluted)	10	10	10	10	10	9
Shares Change (YoY)	1.60%	1.44%	0.61%	-2.42%	8.54%	-3.39%
EPS (Basic)	0.54	0.57	0.31	0.69	0.69	-0.15
EPS (Diluted)	0.52	0.55	0.30	0.66	0.64	-0.15
EPS Growth	52.91%	83.33%	-54.55%	3.13%	-	-
Free Cash Flow	1.07	2.59	2.29	-0.35	-2.64	4.2
Free Cash Flow Per Share	0.11	0.26	0.24	-0.04	-0.27	0.46
Dividend Per Share	0.280	0.280	0.280	0.280	0.195	0.130
Dividend Growth	-	-	-	43.59%	50.00%	-45.83%
Gross Margin	40.15%	39.72%	34.80%	31.11%	34.65%	33.65%
Operating Margin	3.88%	4.29%	-0.54%	0.57%	1.52%	-5.63%
Profit Margin	5.89%	6.36%	3.65%	8.53%	11.12%	-2.81%
Free Cash Flow Margin	1.25%	3.04%	2.87%	-0.47%	-4.67%	8.82%
EBITDA	5.06	5.4	1.2	1.99	1.97	-1.61
EBITDA Margin	5.87%	6.35%	1.50%	2.68%	3.48%	-3.39%
D&A For EBITDA	1.71	1.75	1.63	1.57	1.11	1.07
EBIT	3.35	3.65	-0.43	0.42	0.86	-2.68
EBIT Margin	3.88%	4.29%	-0.54%	0.57%	1.52%	-5.63%
Effective Tax Rate	17.92%	17.34%	24.15%	20.68%	17.28%	153.73%
Revenue as Reported	-	-	-	-	56.49	47.64

Updated Jan 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q