NTIC
Income statement / Annual
Last year (2024), Northern Technologies International Corporation's total revenue was $85.06 M,
an increase of 6.45% from the previous year.
In 2024, Northern Technologies International Corporation's net income was $5.41 B.
See Northern Technologies International Corporation,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
08/31/2024 |
08/31/2023 |
08/31/2022 |
08/31/2021 |
08/31/2020 |
08/31/2019 |
08/31/2018 |
08/31/2017 |
08/31/2016 |
08/31/2015 |
| Operating Revenue |
$85.06 M |
$79.90 M |
$74.16 M |
$56.49 M |
$47.64 M |
$55.75 M |
$51.42 M |
$39.57 M |
$32.93 M |
$30.32 M |
| Cost of Revenue |
$51.27 M
|
$52.10 M
|
$51.09 M
|
$36.92 M
|
$31.61 M
|
$37.97 M
|
$34.17 M
|
$26.32 M
|
$22.32 M
|
$20.56 M
|
| Gross Profit |
$33.79 M
|
$27.80 M
|
$23.07 M
|
$19.57 M
|
$16.03 M
|
$17.78 M
|
$17.26 M
|
$13.25 M
|
$10.61 M
|
$9.77 M
|
| Gross Profit Ratio |
0.4
|
0.35
|
0.31
|
0.35
|
0.34
|
0.32
|
0.34
|
0.33
|
0.32
|
0.32
|
| Research and Development Expenses |
$4.80 M
|
$4.97 M
|
$4.78 M
|
$4.40 M
|
$3.98 M
|
$3.82 M
|
$3.52 M
|
$2.91 M
|
$4.72 M
|
$4.05 M
|
| General & Administrative Expenses |
$14.18 M
|
$13.17 M
|
$10.60 M
|
$8.26 M
|
$8.69 M
|
$9.35 M
|
$8.50 M
|
$7.81 M
|
$7.23 M
|
$6.53 M
|
| Selling & Marketing Expenses |
$16.41 M
|
$15.29 M
|
$13.04 M
|
$12.02 M
|
$10.66 M
|
$10.97 M
|
$10.89 M
|
$9.28 M
|
$6.26 M
|
$5.82 M
|
| Selling, General & Administrative Expenses |
$30.59 M
|
$28.46 M
|
$23.64 M
|
$20.28 M
|
$19.34 M
|
$20.32 M
|
$19.39 M
|
$17.09 M
|
$13.49 M
|
$12.35 M
|
| Other Expenses |
-$9.48 M
|
-$11.64 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$1.00 M
|
$515.00
|
| Operating Expenses |
$25.92 M
|
$21.78 M
|
$28.41 M
|
$24.68 M
|
$23.32 M
|
$24.14 M
|
$22.91 M
|
$20.00 M
|
$19.21 M
|
$18.27 M
|
| Cost And Expenses |
$77.19 M
|
$73.88 M
|
$79.50 M
|
$61.60 M
|
$54.93 M
|
$62.11 M
|
$57.08 M
|
$46.32 M
|
$41.53 M
|
$38.82 M
|
| Interest Income |
$118,827.00
|
$28,490.00
|
$49,241.00
|
$151,875.00
|
$167,733.00
|
$78,257.00
|
$99,463.00
|
$43,539.00
|
$42,115.00
|
$34,835.00
|
| Interest Expense |
$340,129.00
|
$461,805.00
|
$89,096.00
|
$16,086.00
|
$16,034.00
|
$13,567.00
|
$17,962.00
|
$20,382.00
|
$13,261.00
|
$20,960.00
|
| Depreciation & Amortization |
$1.75 M
|
$1.63 M
|
$1.57 M
|
$1.11 M
|
$1.07 M
|
$1.10 M
|
$1.11 M
|
$906,144.00
|
$779,040.00
|
$618,112.00
|
| EBITDA |
$9.74 M |
$1.20 M |
$1.99 M |
$1.97 M |
-$1.61 M |
$470,211.00 |
$1.60 M |
-$391,823.00 |
$220,118.00 |
-$2.17 M |
| EBITDA Ratio |
0.11
|
0.02
|
0.07
|
0.15
|
0.04
|
0.12
|
0.16
|
0.12
|
0.04
|
0.11
|
| Operating Income Ratio |
0.09
|
0.08
|
0.05
|
0.15
|
0.01
|
0.12
|
0.16
|
0.12
|
0.04
|
0.1
|
| Total Other Income/Expenses Net |
-$221,302.00
|
-$433,315.00
|
$3.91 M
|
$135,789.00
|
$151,699.00
|
$64,690.00
|
$81,502.00
|
$23,157.00
|
-$1.85 M
|
$14,390.00
|
| Income Before Tax |
$7.65 M
|
$5.59 M
|
$9.06 M
|
$8.46 M
|
$1.74 M
|
$6.66 M
|
$8.10 M
|
$4.62 M
|
-$572,182.00
|
$3.17 M
|
| Income Before Tax Ratio |
0.09
|
0.07
|
0.12
|
0.15
|
0.04
|
0.12
|
0.16
|
0.12
|
-0.02
|
0.1
|
| Income Tax Expense |
$1.33 M
|
$1.35 M
|
$1.87 M
|
$1.46 M
|
$2.67 M
|
$841,837.00
|
$876,103.00
|
$699,519.00
|
$626,120.00
|
$648,674.00
|
| Net Income |
$5.41 B
|
$2.91 M
|
$6.32 M
|
$6.28 M
|
-$934,760.00
|
$5.21 M
|
$6.70 M
|
$3.42 M
|
-$867,514.00
|
$1.79 M
|
| Net Income Ratio |
63.59
|
0.04
|
0.09
|
0.11
|
-0.02
|
0.09
|
0.13
|
0.09
|
-0.03
|
0.06
|
| EPS |
0.55 |
0.31 |
0.69 |
0.69 |
-0.1 |
0.57 |
0.74 |
0.38 |
-0.0956 |
0.2 |
| EPS Diluted |
0.55 |
0.3 |
0.66 |
0.64 |
-0.1 |
0.55 |
0.72 |
0.38 |
-0.0956 |
0.19 |
| Weighted Average Shares Out |
$9.83 M
|
$9.36 M
|
$9.22 M
|
$9.12 M
|
$9.10 M
|
$9.09 M
|
$9.08 M
|
$9.06 M
|
$9.08 M
|
$9.04 M
|
| Weighted Average Shares Out Diluted |
$9.83 M
|
$9.69 M
|
$9.64 M
|
$9.87 M
|
$9.10 M
|
$9.42 M
|
$9.37 M
|
$9.15 M
|
$9.08 M
|
$9.30 M
|
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