Northern Technologies International (NTIC) Financial Statements

Price: $10.42
Market Cap: $98.68M
Avg Volume: 19.16K
Country: US
Industry: Chemicals - Specialty
Sector: Basic Materials
Beta: 0.527
52W Range: $10.4-19.63
Website: Northern Technologies International

Overview of Financial Statements

Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:

  • Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
  • Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
  • Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.

This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Northern Technologies International.


Income Statement

Revenue
Cost of Revenue
Revenue and Costs$100.00M$100.00M$80.00M$80.00M$60.00M$60.00M$40.00M$40.00M$20.00M$20.00M$0.00$0.00201620162017201720182018201920192020202020212021202220222023202320242024
Operating Expenses
Operating Income
Operating Expenses & Income$35.00M$35.00M$28.00M$28.00M$21.00M$21.00M$14.00M$14.00M$7.00M$7.00M$0.00$0.00201620162017201720182018201920192020202020212021202220222023202320242024
Breakdown August 31, 2024 August 31, 2023 August 31, 2022 August 31, 2021 August 31, 2020 August 31, 2019 August 31, 2018 August 31, 2017 August 31, 2016 August 31, 2015
Revenue $85.06M $79.90M $74.16M $56.49M $47.64M $55.75M $51.42M $39.57M $32.93M $30.32M
Cost of Revenue $51.27M $52.10M $51.09M $36.92M $31.61M $37.97M $34.17M $26.32M $22.32M $20.56M
Gross Profit $33.79M $27.80M $23.07M $19.57M $16.03M $17.78M $17.26M $13.25M $10.61M $9.77M
Gross Profit Ratio 39.72% 34.80% 31.11% 34.60% 33.65% 31.89% 33.56% 33.49% 32.23% 32.21%
Research and Development Expenses $4.80M $4.97M $4.78M $4.40M $3.98M $3.82M $3.52M $2.91M $4.72M $4.05M
General and Administrative Expenses $14.18M $13.17M $10.60M $8.26M $8.69M $9.35M $8.50M $7.81M $7.23M $6.53M
Selling and Marketing Expenses $16.41M $15.29M $13.04M $12.02M $10.66M $10.97M $10.89M $9.28M $6.26M $5.82M
Selling General and Administrative Expenses $30.59M $28.46M $23.64M $20.28M $19.34M $20.32M $19.39M $17.09M $13.49M $12.35M
Other Expenses $-9.48M $-11.64M $- $- $- $- $- $- $1.00M $515
Operating Expenses $25.92M $21.78M $28.41M $24.68M $23.32M $24.14M $22.91M $20.00M $19.21M $18.27M
Cost and Expenses $77.19M $73.88M $79.50M $61.60M $54.93M $62.11M $57.08M $46.32M $41.53M $38.82M
Interest Income $118.83K $28.49K $49.24K $151.88K $167.73K $78.26K $99.46K $43.54K $42.12K $34.84K
Interest Expense $340.13K $461.81K $89.10K $16.09K $16.03K $13.57K $17.96K $20.38K $13.26K $20.96K
Depreciation and Amortization $1.75M $1.63M $1.57M $1.11M $1.07M $1.10M $1.11M $906.14K $779.04K $618.11K
EBITDA $9.74M $1.20M $1.99M $1.97M $-1.61M $470.21K $1.60M $-391.82K $220.12K $-2.17M
EBITDA Ratio 11.45% 1.50% 7.01% 15.00% 3.69% 11.97% 15.78% 11.74% 4.02% 10.51%
Operating Income $7.87M $6.02M $3.63M $8.32M $687.68K $6.59M $8.02M $4.60M $1.28M $3.15M
Operating Income Ratio 9.25% 7.53% 4.89% 14.73% 1.44% 11.83% 15.59% 11.63% 3.89% 10.39%
Total Other Income Expenses Net $-221.30K $-433.31K $3.91M $135.79K $151.70K $64.69K $81.50K $23.16K $-1.85M $14.39K
Income Before Tax $7.65M $5.59M $9.06M $8.46M $1.74M $6.66M $8.10M $4.62M $-572.18K $3.17M
Income Before Tax Ratio 8.99% 6.99% 12.22% 14.97% 3.65% 11.94% 15.75% 11.69% -1.74% 10.44%
Income Tax Expense $1.33M $1.35M $1.87M $1.46M $2.67M $841.84K $876.10K $699.52K $626.12K $648.67K
Net Income $5.41B $2.91M $6.32M $6.28M $-934.76K $5.21M $6.70M $3.42M $-867.51K $1.79M
Net Income Ratio 6359.17% 3.64% 8.53% 11.12% -1.96% 9.34% 13.03% 8.65% -2.63% 5.90%
EPS $0.55 $0.31 $0.69 $0.69 $-0.10 $0.57 $0.74 $0.38 $-0.10 $0.20
EPS Diluted $0.55 $0.30 $0.66 $0.64 $-0.10 $0.55 $0.72 $0.38 $-0.10 $0.19
Weighted Average Shares Outstanding 9.83M 9.36M 9.22M 9.12M 9.10M 9.09M 9.08M 9.06M 9.08M 9.04M
Weighted Average Shares Outstanding Diluted 9.83M 9.69M 9.64M 9.87M 9.10M 9.42M 9.37M 9.15M 9.08M 9.30M
SEC Filing Source Source Source Source Source Source Source Source Source Source

Balance Sheet

Total Assets
Total Liabilities
Total Assets and Liabilities$100.00M$100.00M$80.00M$80.00M$60.00M$60.00M$40.00M$40.00M$20.00M$20.00M$0.00$0.00201620162017201720182018201920192020202020212021202220222023202320242024
Equity$80.00M$80.00M$60.00M$60.00M$40.00M$40.00M$20.00M$20.00M$0.00$0.0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Breakdown August 31, 2024 August 31, 2023 August 31, 2022 August 31, 2021 August 31, 2020 August 31, 2019 August 31, 2018 August 31, 2017 August 31, 2016 August 31, 2015
Cash and Cash Equivalents $4.95M $5.41M $5.33M $7.68M $6.40M $5.86M $4.16M $6.36M $3.40M $2.62M
Short Term Investments $- $23.68B $5.59K $4.63K $5.54M $3.57M $3.30M $3.77M $2.24M $2.03M
Cash and Short Term Investments $4.95M $5.41M $5.34M $7.69M $11.95M $9.42M $7.46M $10.13M $5.64M $4.65M
Net Receivables $20.42M $19.15M $16.60M $13.65M $9.50M $12.33M $12.31M $8.04M $7.17M $6.32M
Inventory $14.39M $13.10M $16.34M $11.11M $10.96M $10.49M $9.13M $7.46M $7.71M $7.47M
Other Current Assets $1.81M $2.02M $1.95M $1.30M $797.50K $1.06M $1.66M $439.30K $422.03K $835.58K
Total Current Assets $41.58M $39.67M $40.23M $33.75M $33.20M $33.30M $30.57M $26.07M $20.94M $19.28M
Property Plant Equipment Net $16.69M $14.49M $12.73M $12.20M $7.77M $7.36M $7.17M $7.36M $7.28M $7.29M
Goodwill $4.78M $4.78M $4.78M $- $- $- $- $- $- $-
Intangible Assets $5.68M $6.16M $6.63M $709.57K $802.01K $1.01M $1.16M $1.32M $1.28M $1.26M
Goodwill and Intangible Assets $10.47M $10.94M $11.42M $709.57K $802.01K $1.01M $1.16M $1.32M $1.28M $1.26M
Long Term Investments $25.40M $23.71M $21.81M $27.62M $24.09M $24.21M $22.95M $20.04M $19.84M $22.43M
Tax Assets $- $530.94K $1.70B $92.55K $209.73K $1.63M $1.55M $1.76M $1.64M $1.18M
Other Non-Current Assets $544.46K $- $-1.70B $- $- $- $153.85K $71.69K $92.87K $130.74K
Total Non-Current Assets $53.10M $49.67M $45.96M $40.62M $32.87M $34.21M $32.98M $30.55M $30.13M $32.29M
Other Assets $- $- $- $- $- $- $- $- $- $-
Total Assets $94.68M $89.34M $86.19M $74.37M $66.07M $67.51M $63.55M $56.61M $51.07M $51.57M
Account Payables $6.39M $6.06M $7.80M $4.29M $3.21M $4.51M $3.91M $2.68M $2.75M $2.10M
Short Term Debt $7.44M $6.70M $6.27M $272.34K $386.35K $- $- $- $- $-
Tax Payables $327.78K $13.05K $30.74K $178.92K $310.92K $6.76K $70.89K $137.26K $215.91K $198.46K
Deferred Revenue $- $- $- $- $1.63M $- $- $- $- $-
Other Current Liabilities $3.74M $3.95M $2.96M $3.77M $2.20M $3.33M $3.75M $2.08M $1.02M $1.37M
Total Current Liabilities $17.90M $16.72M $17.07M $8.52M $6.10M $7.84M $7.73M $4.89M $3.99M $3.67M
Long Term Debt $99.44K $88.08K $184.24K $104.10K $272.44K $- $- $- $- $-
Deferred Revenue Non-Current $- $- $-1.88B $- $- $- $- $- $- $-
Deferred Tax Liabilities Non-Current $- $1.84M $1.70M $- $- $- $- $- $- $-
Other Non-Current Liabilities $1.60B $- $- $- $- $- $- $- $- $-
Total Non-Current Liabilities $1.60B $1.92M $1.88M $104.10K $272.44K $- $- $- $- $-
Other Liabilities $-1.60B $- $- $- $- $- $- $- $- $-
Total Liabilities $19.50M $18.65M $18.95M $8.62M $6.37M $7.84M $7.73M $4.89M $3.99M $3.67M
Preferred Stock $- $- $- $- $- $- $- $- $- $-
Common Stock $189.34K $188.48K $184.65K $183.70K $182.00K $181.74K $90.83K $90.70K $90.67K $90.78K
Retained Earnings $53.77M $51.00M $50.72M $46.97M $42.47M $44.99M $41.96M $37.08M $33.66M $34.52M
Accumulated Other Comprehensive Income Loss $-6.38M $-6.82M $-7.25M $-3.53M $-3.41M $-4.59M $-3.60M $-2.47M $-3.01M $-3.18M
Other Total Stockholders Equity $23.62M $21.99M $19.94M $18.74M $17.42M $16.01M $14.62M $14.16M $13.80M $13.44M
Total Stockholders Equity $71.19M $66.36M $63.60M $62.37M $56.66M $56.59M $53.08M $48.86M $44.53M $44.87M
Total Equity $75.18M $70.70M $67.24M $65.75M $59.70M $59.67M $55.82M $51.72M $47.08M $47.89M
Total Liabilities and Stockholders Equity $94.68M $89.34M $86.19M $74.37M $66.07M $67.51M $63.55M $56.61M $51.07M $51.57M
Minority Interest $3.98M $4.34M $3.65M $3.38M $3.05M $3.07M $2.74M $2.86M $2.54M $3.02M
Total Liabilities and Total Equity $94.68M $89.34M $86.19M $74.37M $66.07M $67.51M $63.55M $56.61M $51.07M $51.57M
Total Investments $25.40M $23.71M $21.82M $27.63M $29.64M $27.77M $26.25M $23.80M $22.08M $24.46M
Total Debt $7.54M $6.79M $6.46M $376.44K $658.79K $- $- $- $- $-
Net Debt $2.58M $1.38M $1.12M $-7.30M $-5.74M $-5.86M $-4.16M $-6.36M $-3.40M $-2.62M

Cash Flow Statement

Operating Cash Flow
Investing Cash Flow
Operating and Investing Cash Flow$6.00M$6.00M$3.00M$3.00M$0.00$0.00-$3.00M-$3.00M-$6.00M-$6.00M-$9.00M-$9.00M201620162017201720182018201920192020202020212021202220222023202320242024
Financing Cash Flow$4.00M$4.00M$2.00M$2.00M$0.00$0.00-$2.00M-$2.00M-$4.00M-$4.00M20162016201720172018201820192019202020202021202120222022202320232024202420252025
Breakdown August 31, 2024 August 31, 2023 August 31, 2022 August 31, 2021 August 31, 2020 August 31, 2019 August 31, 2018 August 31, 2017 August 31, 2016 August 31, 2015
Net Income $6.32M $4.24M $7.19M $7.00M $-934.76K $5.82M $7.22M $3.92M $-1.20M $2.52M
Depreciation and Amortization $1.75M $1.63M $1.57M $1.11M $1.07M $1.10M $1.11M $906.14K $779.04K $618.11K
Deferred Income Tax $-336.25K $-395.00K $-81.50K $114.62K $1.42M $-89.64K $186.81K $-117.30K $-47.00K $131.78K
Stock Based Compensation $1.38M $1.34M $931.53K $664.17K $1.34M $1.43M $413.01K $391.66K $427.44K $495.68K
Change in Working Capital $-1.78M $-542.15K $-5.56M $-2.45M $415.72K $-561.27K $-4.48M $102.46K $-548.72K $-1.62M
Accounts Receivables $- $-1.45M $-2.16M $-3.18M $2.03M $-113.28K $-4.44M $-992.04K $-870.32K $-393.18K
Inventory $-1.33B $3.03M $-4.82M $58.31K $-435.71K $-1.49M $-1.91M $305.27K $-257.83K $-1.68M
Accounts Payables $449.01M $-1.51M $3.01M $866.60K $-1.23M $682.79K $1.64M $-129.37K $641.63K $127.91K
Other Working Capital $883.17M $-617.30K $-1.59M $-198.48K $51.76K $356.06K $231.25K $918.60K $-62.20K $327.28K
Other Non Cash Items $5.88B $-728.05K $-2.90M $-3.54M $1.60M $-2.22M $-3.84M $528.15K $2.64M $-2.90M
Net Cash Provided by Operating Activities $5.88B $5.54M $1.15M $2.89M $4.91M $5.48M $608.69K $5.74M $2.06M $-755.54K
Investments in Property Plant and Equipment $-3.30M $-3.25M $-1.70M $-5.64M $-807.41K $-1.07M $-766.98K $-1.08M $-778.82K $-1.59M
Acquisitions Net $- $- $-5.40M $110.65K $96.00K $114.44K $86.48K $162.53K $- $-
Purchases of Investments $- $- $-956 $-800.00K $-4.00M $-3.37M $-1.52M $-3.00M $-216.42K $-
Sales Maturities of Investments $- $5.59K $5.61M $6.34M $2.02M $3.10M $1.99M $1.48M $- $3.49M
Other Investing Activities $-120.16K $-101.06K $-5.61M $-110.65K $-93.81K $-114.44K $-86.48K $-162.53K $-351.83K $3.34M
Net Cash Used for Investing Activities $-3.42M $-3.34M $-7.11M $-103.32K $-2.78M $-1.34M $-300.11K $-2.61M $-995.24K $1.90M
Debt Repayment $691.61K $512.50K $- $- $- $- $- $- $- $-
Common Stock Issued $- $713.73K $272.29K $658.75K $64.19K $52.55K $43.38K $- $- $-
Common Stock Repurchased $- $- $-6.17M $- $- $- $- $-196.22K $-138.88K $-24.35K
Dividends Paid $-2.64M $-2.62M $-2.58M $-1.78M $-1.18M $-2.18M $-1.82M $- $- $-
Other Financing Activities $-1.01M $58.16K $5.77M $258.75K $-335.81K $-213.42K $-556.62K $-30.46K $-131.37K $-850.30K
Net Cash Used Provided by Financing Activities $-2.96M $-2.05M $3.19M $-1.52M $-1.52M $-2.39M $-2.37M $-226.69K $-270.25K $-874.65K
Effect of Forex Changes on Cash $38.33K $-72.01K $426.97K $10.19K $-63.11K $-49.70K $-133.63K $63.84K $-18.83K $-124.06K
Net Change in Cash $-453.99K $72.28K $-2.35M $1.28M $546.27K $1.69M $-2.20M $2.96M $771.29K $146.96K
Cash at End of Period $4.95M $5.41M $5.33M $7.68M $6.40M $5.86M $4.16M $6.36M $3.40M $2.62M
Cash at Beginning of Period $5.41M $5.33M $7.68M $6.40M $5.86M $4.16M $6.36M $3.40M $2.62M $2.48M
Operating Cash Flow $5.88M $5.54M $1.15M $2.89M $4.91M $5.48M $608.69K $5.74M $2.06M $-755.54K
Capital Expenditure $-3.42M $-3.36M $-1.70M $-5.64M $-807.41K $-1.07M $-766.98K $-1.08M $-778.82K $-1.59M
Free Cash Flow $2.46M $2.18M $-557.75K $-2.75M $4.10M $4.40M $-158.30K $4.65M $1.28M $-2.35M