| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Revenue | 3,545,412 | 1,706,221 | 3,437,727 | 2,557,585 |
| Cost of revenue | 4,986,401 | 2,620,029 | 3,047,069 | 929,002 |
| Gross profit | -1,440,989 | -913,808 | 390,658 | 1,628,583 |
| Selling | 6,362,313 | 243,479 | 1,021,999 | 159,368 |
| General and administrative | 662,331 | 780,428 | 1,481,255 | 575,678 |
| Research and development | 289,545 | 256,176 | 462,062 | 340,072 |
| Total operating expenses | 7,314,189 | 1,280,083 | 2,965,315 | 1,075,118 |
| Income (loss) from operations | -8,755,178 | -2,193,891 | -2,574,658 | 553,465 |
| Other nonoperating expense | - | - | - | 3,426 |
| Interest income | 4 | 11 | - | - |
| Interest expense | 45,988 | 67,678 | 56,056 | 53,476 |
| Other income | 1,849 | 0 | - | - |
| Other expenses | 0 | 0 | 15 | - |
| Total other income (expense) | -44,135 | -67,667 | -56,070 | -56,902 |
| Income (loss) before taxes | -8,799,313 | -2,261,558 | -2,630,729 | 496,563 |
| Income tax expense | 0 | 0 | 0 | -2 |
| Net income (loss) | -8,799,313 | -2,261,558 | -2,630,729 | 496,565 |
| Foreign currency translation adjustment | -80,186 | 1,522,347 | - | -97,305 |
| Total comprehensive income (loss) | -8,879,499 | -739,211 | - | 399,260 |
| Earnings per share, basic | -0.07 | -0.02 | -0.028 | 0.02 |
| Earnings per share, diluted | -0.07 | -0.02 | -0.028 | 0.02 |
| Weighted average number of shares outstanding, basic | 122,826,901 | 95,464,000 | 95,464,000 | 24,275,972 |
| Weighted average number of shares outstanding, diluted | 122,826,901 | 95,464,000 | 95,464,000 | 24,275,972 |
Northann Corp. (NCL)
Northann Corp. (NCL)