Company Analysis

Northern Technologies International Corporation (NTIC)

Nasdaq: NTIC · Coating, Engraving & Allied Services · Circle Pines, MN · filing with the SEC since 1996
Grade5.1
◀ Past 5.3● Present 5.6▶ Future 4.4

Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in August.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingAug 31, 2025Aug 31, 2024Aug 31, 2023Aug 31, 2022Aug 31, 2021Aug 31, 2020Aug 31, 2019Aug 31, 2018Aug 31, 2017Aug 31, 2016
Report filedNov 20, 2025Nov 19, 2024Nov 21, 2023Nov 15, 2022Nov 19, 2021Nov 13, 2020Nov 13, 2019Nov 13, 2018Nov 21, 2017·
Revenue84,234,47485,059,51779,902,95274,158,89056,493,81947,638,69155,750,13751,424,82139,569,12332,933,565
Cost of revenue52,557,91951,273,15552,099,12151,090,29836,920,81431,609,27437,970,24434,165,44026,316,51122,320,156
Gross profit31,676,55533,786,36227,803,83123,068,59219,573,00516,029,41717,779,89317,259,38113,252,61210,613,409
Research and development5,038,2814,802,7914,967,9224,775,3344,400,4793,979,4553,822,0703,524,9532,912,3934,724,596
General and administrative14,792,98814,176,49413,166,27010,600,6038,262,1738,688,3099,349,5598,500,4907,807,5638,232,369r
Total operating expenses37,651,46535,392,95733,425,08928,414,11724,679,62623,324,45324,140,22122,911,45420,003,26619,212,318
Operating income2,570,2977,868,4836,020,6465,148,0758,322,8531,588,1766,592,7698,017,4494,600,9411,282,632
Interest expense599,927340,129461,80589,09616,08616,03413,56717,96220,38213,261
Interest and investment income308,054118,82728,49049,241151,875167,73378,25799,46343,53942,115
Share of profit of equity-method investments3,539,0564,223,2966,452,7194,725,9187,465,2144,270,3277,225,5187,527,3835,898,9084,743,831
Income tax expense2,045,0021,325,7971,349,6001,873,8361,461,9052,674,635841,837876,103699,519626,120
Net income including non-controlling interests986,3936,321,3844,237,7317,185,9346,996,737-934,7605,815,6227,222,8473,924,579-1,198,302
Net income to non-controlling interests968,774912,3021,325,455861,234715,499402,949606,000521,481502,453-330,788
Net income17,6195,409,0822,912,2766,324,7006,281,238-1,337,7095,209,6226,701,3663,422,126-867,514
Earnings per share, basic0.000.570.310.690.69-0.150.570.74r0.38b-0.095b
Earnings per share, diluted0.000.550.300.660.64-0.150.550.72r0.375b-0.095b
Weighted average shares, basic9,476,0859,434,0209,359,5049,216,2169,116,4729,096,9819,085,5849,077,676r9,057,222b9,075,008b
Weighted average shares, diluted9,639,6769,833,4509,693,4829,635,0289,874,1399,096,9819,415,9749,370,404r9,154,718b9,075,008b
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 2-for-1 split of Jun 2019.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
us-gaap:SalesRevenueNet
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold
us-gaap:CostOfGoodsSold
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeNet
us-gaap:InvestmentIncomeInterest
Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton NTIC · research, not advice