NTIC
Northern Technologies International Corporation7.81
+0.25+3.31%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
74.04MP/E (TTM)
-Basic EPS (TTM)
0.00Dividend Yield
0.02%Recent Filings
10-K
8-K
10-Q
Q3 FY2025 results
Northern Technologies International Corporation posted steady Q3 FY2025 results, with net sales climbing 4.0% year-over-year to $21.5M, fueled by stronger ZERUST industrial demand that offset softer oil and gas sales, while gross margins held firm at 38.4%. Operating income dipped to $0.9M from $1.5M a year ago, pressured by higher selling and administrative costs tied to oil and gas expansion efforts, yet joint venture equity income contributed $1.0M despite a 30.5% y/y drop. Diluted EPS of $0.01 aligns with 9.5M weighted shares, reflecting anti-dilution from unexercised options. Cash swelled to $6.8M on $3.8M operating flows, supporting $7.4M line of credit draws and $2.8M China term loans at low rates, with full covenant compliance. The one-time $1.1M Employee Retention Credit boosted nine-month net income to $1.1M. Tariffs pose a persistent drag on margins.
8-K
Q3 sales rise 4%, profit slips
Northern Technologies International Corporation reported third-quarter fiscal 2025 net sales up 4.0% to $21.5 million, driven by 7.1% growth in ZERUST industrial products to $14.4 million, though oil and gas sales dipped 5.3% to $1.3 million and Natur-Tec fell 1.2% to $5.8 million. Gross margin edged up to 38.4%, but joint venture income dropped 12.9% to $2.3 million and operating expenses rose 7.6% to $9.7 million, yielding net income of $122,000 or $0.01 per share—down sharply from $977,000 last year. Sales grew despite global tensions. Management eyes sequential oil and gas recovery in Q4 and fiscal 2026 upside from European stimulus.
8-K
Q2 sales fall 8.5%
Northern Technologies International Corporation reported Q2 fiscal 2025 net sales down 8.5% to $19.1 million, hit by 28.5% drop in ZERUST oil and gas and 11.8% in Natur-Tec, while industrial ZERUST dipped 3.7%. Gross margin slipped 440 basis points to 35.6%, operating expenses rose 2.4% to $8.8 million, yielding net income of $434,000 or $0.04 per share—versus $1.7 million last year. A $1.14 million ERC payment cushioned the blow. Headwinds intensify, yet rebound eyed in H2. Dividend trimmed to $0.01 per share.
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