For the quarter ending 2026-02-28, NTIC made $21,996,785 in revenue. -$35,323 in net income. Net profit margin of -0.16%.
| Income Statement | 2026-02-28 | 2025-08-31 | 2025-05-31 | 2025-02-28 |
|---|---|---|---|---|
| Net sales | 21,996,785 | 22,315,452 | 21,508,563 | 19,072,066 |
| Cost of goods sold | 14,138,899 | 13,856,874 | 13,249,123 | 12,276,482 |
| Gross profit | 7,857,886 | 8,458,578 | 8,259,440 | 6,795,584 |
| Equity in income from joint ventures | 1,100,670 | 818,419 | 970,314 | 620,730 |
| Fees for services provided to joint ventures | 925,899 | 1,349,171 | 1,302,598 | 1,070,263 |
| Total joint venture operations | 2,026,569 | 2,167,590 | 2,272,912 | 1,690,993 |
| Selling expenses | 4,713,772 | 5,304,558 | 4,375,956 | 3,872,028 |
| General and administrative expenses | 3,612,707 | 3,124,496 | 4,150,966 | 3,658,583 |
| Research and development expenses | 1,175,202 | 1,267,742 | 1,138,243 | 1,288,899 |
| Total operating expenses | 9,501,681 | 9,696,796 | 9,665,165 | 8,819,510 |
| Operating income (loss) | 382,774 | 929,372 | 867,187 | -332,933 |
| Other income | - | - | 0 | 1,139,756 |
| Interest income | 65,568 | 34,510 | 37,821 | 210,156 |
| Interest expense | 196,651 | 113,639* | 162,096 | - |
| Other income | 0 | -354,905.75* | - | - |
| Interest expense | - | - | - | 139,155 |
| Other expense | - | 96,696.25* | - | - |
| Income before income tax expense | 251,691 | 398,641 | 742,912 | 877,824 |
| Income tax expense | 75,490 | 1,141,473 | 410,461 | 275,197 |
| Net income | 176,201 | -742,832 | 332,451 | 602,627 |
| Net income attributable to non-controlling interests | 211,524 | 356,734 | 210,676 | 168,308 |
| Net (gain) income attributable to ntic | -35,323 | -1,099,566 | 121,775 | 434,319 |
| Basic EPS | 0 | -0.116 | 0.01 | 0.05 |
| Diluted EPS | 0 | -0.116 | 0.01 | 0.04 |
| Basic Average Shares | 9,489,332 | 9,488,963 | 9,474,363 | 9,470,507 |
| Diluted Average Shares | 9,489,332 | 9,511,292 | 9,539,766 | 9,753,437 |
NORTHERN TECHNOLOGIES INTERNATIONAL CORP (NTIC)
NORTHERN TECHNOLOGIES INTERNATIONAL CORP (NTIC)