Northern Technologies International Corporation (NTIC)

NTIC Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov 30, 2025	Aug 31, 2025	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021
Revenue	86.2	84.23	85.06	79.9	74.16	56.49
Revenue Growth (YoY)	-0.01%	-0.97%	6.45%	7.75%	31.27%	18.59%
Cost of Revenue	54.31	52.56	51.27	52.1	51.09	36.92
Gross Profit	31.9	31.68	33.79	27.8	23.07	19.57
Selling, General & Admin	33.01	32.61	30.59	28.46	23.64	20.28
Research & Development	4.92	5.04	4.8	4.97	4.78	4.4
Other Operating Expenses	-4.79	-5.01	-5.25	-5.19	-5.77	-5.96
Operating Expenses	33.13	32.65	30.14	28.24	22.65	18.72
Operating Income	-1.23	-0.97	3.65	-0.43	0.42	0.86
Interest Expense	-0.68	-0.6	-0.34	-0.46	-0.09	-0.02
Interest & Investment Income	0.32	0.31	0.12	0.03	0.05	0.15
Earnings From Equity Investments	3.63	3.54	4.22	6.45	4.73	7.47
Other Non Operating Income (Expenses)	0.75	0.75	-	-	-	-
EBT Excluding Unusual Items	2.79	3.03	7.65	5.59	5.11	8.46
Gain (Loss) on Sale of Investments	-	-	-	-	3.95	-
Pretax Income	2.79	3.03	7.65	5.59	9.06	8.46
Income Tax Expense	2.09	2.05	1.33	1.35	1.87	1.46
Earnings From Continuing Operations	0.7	0.99	6.32	4.24	7.19	7
Minority Interest in Earnings	-1	-0.97	-0.91	-1.33	-0.86	-0.72
Net Income	-0.31	0.02	5.41	2.91	6.32	6.28
Net Income to Common	-0.31	0.02	5.41	2.91	6.32	6.28
Net Income Growth	-	-99.67%	85.73%	-53.95%	0.69%	-
Shares Outstanding (Basic)	9	9	9	9	9	9
Shares Outstanding (Diluted)	9	10	10	10	10	10
Shares Change (YoY)	-3.72%	-1.97%	1.44%	0.61%	-2.42%	8.54%
EPS (Basic)	-0.03	0.00	0.57	0.31	0.69	0.69
EPS (Diluted)	-0.03	0.00	0.55	0.30	0.66	0.64
EPS Growth	-	-99.67%	83.33%	-54.55%	3.13%	-
Free Cash Flow	-0.74	0.92	3.97	2.29	-0.35	-2.64
Free Cash Flow Per Share	-0.08	0.10	0.40	0.24	-0.04	-0.27
Dividend Per Share	0.100	0.160	0.280	0.280	0.280	0.195
Dividend Growth	-64.29%	-42.86%	-	-	43.59%	50.00%
Gross Margin	37.00%	37.60%	39.72%	34.80%	31.11%	34.65%
Operating Margin	-1.43%	-1.15%	4.29%	-0.54%	0.57%	1.52%
Profit Margin	-0.36%	0.02%	6.36%	3.65%	8.53%	11.12%
Free Cash Flow Margin	-0.86%	1.09%	4.66%	2.87%	-0.47%	-4.67%
EBITDA	0.59	0.79	5.4	1.2	1.99	1.97
EBITDA Margin	0.68%	0.94%	6.35%	1.50%	2.68%	3.48%
D&A For EBITDA	1.82	1.76	1.75	1.63	1.57	1.11
EBIT	-1.23	-0.97	3.65	-0.43	0.42	0.86
EBIT Margin	-1.43%	-1.15%	4.29%	-0.54%	0.57%	1.52%
Effective Tax Rate	74.98%	67.46%	17.34%	24.15%	20.68%	17.28%
Revenue as Reported	-	-	-	-	-	56.49

Updated Jan 8, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q