Northern Technologies International Corporation (NTIC)

Name: Northern Technologies International Corporation Financial Statements
Creator: Quarter Results

Basic Materials | Chemicals Specialty

Latest reporting period: 2025-11-30

Latest Quarter

2025-11-30

Revenue

$23.3M

Net Income

$238K

Operating Margin

4.0%

Free Cash Flow

-$1.5M

Debt / Assets

25.3%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for Northern Technologies International Corporation (NTIC).
Income Statement (Quarterly)	2025-11-30	2025-02-28	2024-11-30	2024-08-31
Revenue	23,308,881	19,072,066	21,338,393	23,349,107
Cost of Revenue	14,925,255	12,276,482	13,175,440	13,129,277
Gross Profit	8,383,626	6,795,584	8,162,953	10,219,830
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	8,520,455	7,530,611	8,126,597	8,282,361
Operating Expenses	7,449,994	7,128,517	7,056,282	7,457,968
Operating Income	933,632	-332,933	1,106,671	2,761,862
Interest Expense	199,966	139,155	120,220	91,294
Income Before Tax	770,908	877,824	1,012,018	2,690,000
Income Tax Expense	265,029	275,197	217,871	477,406
Net Income	237,819	434,319	561,091	1,835,788
Per Share
EPS	0.03	0.05	0.06	0.19
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Northern Technologies International Corporation (NTIC).
Income Statement (Annual)	2025-08-31	2024-08-31	2023-08-31	2022-08-31	2021-08-31
Revenue	84,234,474	85,059,517	79,902,952	74,158,890	56,493,819
Cost of Revenue	52,557,919	51,273,155	52,099,121	51,090,298	36,920,814
Gross Profit	31,676,555	33,786,362	27,803,831	23,068,592	19,573,005
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	32,613,183	30,590,166	28,457,167	23,638,783	20,279,147
Operating Expenses	37,651,465	25,917,879	21,783,185	28,414,117	24,679,626
Operating Income	-5,974,910	7,868,483	6,020,646	3,628,984	8,322,853
Interest Expense	599,927	340,129	461,805	89,096	16,086
Income Before Tax	3,031,395	7,647,181	5,587,331	9,059,770	8,458,642
Income Tax Expense	2,045,000	1,325,797	1,349,600	1,873,836	1,461,905
Net Income	17,619	5,409,082	2,912,276	6,324,700	6,281,238
Per Share
EPS	0.00	0.57	0.31	0.69	0.69
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Northern Technologies International Corporation (NTIC).
Balance Sheet (Quarterly)	2025-08-31	2024-08-31	2023-08-31	2022-08-31
Assets
Cash and Cash Equivalents	7,250,523	4,952,184	5,406,173	5,333,890
Short Term Investments	0	0	23,682,008,286	5,590
Net Receivables	19,860,784	20,814,388	19,149,865	16,599,908
Inventory	15,525,230	14,390,844	13,096,489	16,341,729
Total Current Assets	44,342,816	41,579,219	39,671,556	40,234,881
Property Plant Equipment	15,676,968	16,690,211	14,494,228	12,728,064
Goodwill and Intangibles	13,610,144	10,465,321	10,941,861	11,416,254
Total Assets	102,745,280	94,676,502	89,344,303	86,193,953
Liabilities
Account Payables	8,044,195	6,393,355	6,056,329	7,796,494
Short Term Debt	12,534,016	7,437,559	6,697,975	6,273,330
Total Current Liabilities	23,904,094	17,896,943	16,721,372	17,065,401
Long Term Debt	615,295	99,442	88,075	184,241
Total Liabilities	26,032,555	19,501,181	18,645,506	18,949,657
Shareholders Equity
Retained Earnings	52,273,469	53,771,211	51,004,427	50,716,613
Total Shareholders Equity	72,148,754	71,193,991	66,356,273	63,595,262

Balance sheet annual history for Northern Technologies International Corporation (NTIC).
Balance Sheet (Annual)	2025-08-31	2024-08-31	2023-08-31	2022-08-31	2021-08-31
Assets
Cash and Cash Equivalents	7,250,523	4,952,184	5,406,173	5,333,890	7,680,641
Short Term Investments	0	0	23,682,008,286	5,590	4,634
Net Receivables	19,860,784	20,814,388	19,149,865	16,599,908	13,645,314
Inventory	15,525,230	14,390,844	13,096,489	16,341,729	11,114,207
Total Current Assets	44,342,816	41,579,219	39,671,556	40,234,881	33,747,089
Property Plant Equipment	15,676,968	16,690,211	14,494,228	12,728,064	12,197,896
Goodwill and Intangibles	13,610,144	10,465,321	10,941,861	11,416,254	709,572
Total Assets	102,745,280	94,676,502	89,344,303	86,193,953	74,370,879
Liabilities
Account Payables	8,044,195	6,393,355	6,056,329	7,796,494	4,290,972
Short Term Debt	12,534,016	7,437,559	6,697,975	6,273,330	272,336
Total Current Liabilities	23,904,094	17,896,943	16,721,372	17,065,401	8,516,196
Long Term Debt	615,295	99,442	88,075	184,241	104,102
Total Liabilities	26,032,555	19,501,181	18,645,506	18,949,657	8,620,298
Shareholders Equity
Retained Earnings	52,273,469	53,771,211	51,004,427	50,716,613	46,973,092
Total Shareholders Equity	72,148,754	71,193,991	66,356,273	63,595,262	62,368,026

Cash flow quarterly history for Northern Technologies International Corporation (NTIC).
Cash Flow Statement (Quarterly)	2025-08-31	2024-08-31	2023-08-31	2022-08-31
Operating Activities
Net Income	986,393	5,409,082	4,237,731	7,185,934
Depreciation & Amortization	1,757,270	1,753,064	1,630,959	1,568,332
Stock Based Compensation	1,360,086	1,381,169	1,337,734	931,532
Change in Working Capital	257,347	-1,776,501	-542,149	-5,560,958
Operating Cash Flow	2,442,955	5,883,193	5,541,219	1,146,078
Investing Activities
Capital Expenditure	-3,950,323	-3,418,228	-3,361,714	-1,703,823
Investments	-1,526,437	-3,298,067	-3,361,714	-1,703,823
Investing Cash Flow	-3,930,323	-3,418,228	-3,343,124	-7,108,174
Financing Activities
Debt Repayment	5,575,503	691,608	-512,503	-5,900,000
Common Stock Issued/Repurchased	81,496	0	713,734	-5,900,000
Dividends Paid	-1,515,361	-2,642,298	-2,624,462	-2,581,179
Financing Cash Flow	3,861,638	-2,957,280	-2,053,798	3,188,377
Summary
Free Cash Flow	-1,507,368	2,464,965	2,179,505	-557,745
Net Change in Cash	2,298,339	-453,989	72,283	-2,346,751

Cash flow annual history for Northern Technologies International Corporation (NTIC).
Cash Flow Statement (Annual)	2025-08-31	2024-08-31	2023-08-31	2022-08-31	2021-08-31
Operating Activities
Net Income	986,393	5,409,082	4,237,731	7,185,934	6,996,737
Depreciation & Amortization	1,757,270	1,753,064	1,630,959	1,568,332	1,108,387
Stock Based Compensation	1,360,086	1,381,169	1,337,734	931,532	664,174
Change in Working Capital	257,347	-1,776,501	-542,149	-5,560,958	-2,453,129
Operating Cash Flow	2,442,955	5,883,193	5,541,219	1,146,078	2,892,940
Investing Activities
Capital Expenditure	-3,950,323	-3,418,228	-3,361,714	-1,703,823	-5,643,404
Investments	-1,526,437	-3,298,067	-3,361,714	-1,703,823	-5,532,750
Investing Cash Flow	-3,930,323	-3,418,228	-3,343,124	-7,108,174	-103,316
Financing Activities
Debt Repayment	5,575,503	691,608	-512,503	-5,900,000	0
Common Stock Issued/Repurchased	81,496	0	713,734	-5,900,000	0
Dividends Paid	-1,515,361	-2,642,298	-2,624,462	-2,581,179	-1,780,956
Financing Cash Flow	3,861,638	-2,957,280	-2,053,798	3,188,377	-1,522,209
Summary
Free Cash Flow	-1,507,368	2,464,965	2,179,505	-557,745	-2,750,464
Net Change in Cash	2,298,339	-453,989	72,283	-2,346,751	1,277,609