Highest-materiality recent filing
NTIC Q3 net loss of $263K vs prior-year profit; sales up 12.6% to record $24.2M
Net loss attributable to NTIC of $263K ($0.03 diluted) vs net income of $122K ($0.01) a year ago.
NTIC suspends quarterly dividend starting Q3 FY2026 to focus on debt reduction
Quarterly cash dividend suspended beginning Q3 fiscal 2026; previously reduced to $0.01/share in Q3 FY2025.
NTIC Q2 FY2026 net sales up 15.3% to record $22.0M; swing to operating profit of $383K
ZERUST oil & gas sales jumped 72.1% to $2.67M (record Q2); ZERUST industrial up 11.2%.
NTIC Q1 fiscal 2026 EPS $0.03 down from $0.06; net sales up 9.2% to record $23.3M
Net sales record $23.3M +9.2% YoY; ZERUST oil & gas up 58.1% to $2.4M.
NTIC reports Q4 net loss $1.1M, FY2025 EPS $0.00 vs $0.55; sales down 1%
FY2025 net sales $84.2M (-1% YoY); net income $18K vs $5.4M; diluted EPS $0.00 vs $0.55.
NTIC Q3 fiscal 2025 net income falls 87.5% to $122k; sales up 4% to $21.5M
Net income attributable to NTIC was $122k ($0.01 per diluted share) vs $977k ($0.10) a year ago.
NTIC Q2 fiscal 2025: net sales down 8.5%, EPS $0.04 vs $0.17; dividend cut to $0.01
Consolidated net sales decreased 8.5% to $19.07M; diluted EPS $0.04 vs $0.17 in prior-year quarter.
NTIC Q1 record sales of $21.3M (+5.7%); EPS falls to $0.06 from $0.09
Record consolidated net sales $21,338,000, up 5.7% YoY; Natur-Tec sales up 22.8% to record $5,863,000.
NTIC reports record FY2024 sales $85.1M; net income up 86% to $5.4M
Full-year net sales $85,060,000 (+6.5% YoY); net income $5,409,000 ($0.55 diluted) vs $2,912,000 ($0.30) prior year.
NTIC reports record Q2 sales $20.8M; EPS jumps 325% to $0.17
Net sales up 14.1% to $20.8M (record Q2); diluted EPS $0.17 vs $0.04 YoY (+325%).
NTIC Q1 fiscal 2024 net income up 78%, record sales $20.2M
Consolidated net sales rose 1.1% to a first-quarter record of $20.18M.
NTIC to restate Q2 and Q3 FY2023 results; net income lowered by ~$474k and $466k
Prior financials for Feb 28, 2023 and May 31, 2023 should no longer be relied upon; amendments to 10-Qs will be filed.
FY23 net sales record $79.9M, up 7.7% YoY; ZERUST oil & gas sales up 69.3% to $7.8M.
NTIC Q3 FY2023 net sales up 10.6% to record $20.97M; net income +52.5%
Consolidated net sales rose 10.6% YoY to a quarterly record $20.97M.
NTIC Q2 fiscal 2023 revenue up 9.1% to $18.3M record; net income rises to $0.09/share
Consolidated net sales increased 9.1% to a second quarter record $18,271,000.
Consolidated net sales rose 9.7% to a first-quarter record $19.95M, driven by ZERUST Oil & Gas (+66.9%) and Natur-Tec (+21.6%).
NTIC reports FY2022 net sales $74.2M, up 31.3% YoY; GAAP EPS $0.32
FY2022 total net sales $74.2M (up 31.3% vs FY2021), driven by recovery from pandemic and higher demand globally.
Record annual net sales $74.2M (+31.3% YoY); net income $6.3M ($0.66) vs $6.3M ($0.64) prior year.
NTIC Q3 FY2022: net sales record $18.97M (+23%), net income $1.0M ($0.11 EPS), down 51%
Consolidated net sales $18.965M (+23.0% YoY), a quarterly record.
NTIC Q2 fiscal 2022 record sales $16.75M but net income drops to $183k from $1.3M YoY
Consolidated net sales record $16.75M, up 31% YoY, driven by higher demand and Zerust India acquisition.
NTIC Q1 fiscal 2022 sales record $18.2M (+42%), adjusted EPS falls to $0.08 from $0.13
Consolidated net sales $18.19M, up 42.4% YoY; record first quarter.
NTIC reports record FY2021 net sales $56.5M (+18.6% YoY); EPS $0.64 vs loss $0.15
Record FY2021 net sales $56.49M, up 18.6%; net income $6.28M vs loss $1.34M; diluted EPS $0.64 vs loss $0.15.
NTIC acquires remaining 50% of Indian JV for $6.25M; expects $0.10 EPS boost in FY2022
Acquired remaining 50% of HARITA-NTI LTD. (Zerust India) for $6.25M cash, funded via cash on hand and expanded credit line.
NTIC Q3 FY2021 net sales hit record $15.4M; net income of $2.1M vs loss year ago
Consolidated net sales up 58.2% YoY to $15.4M; net income of $2.1M ($0.21 diluted EPS) vs net loss of $965,000 ($0.11 loss per share).
On August 10, 2021, Soo-Keong Koh, a member of the Board of Directors (the “Board”) of Northern Technologies International Corporation (the “Company”), resigned as a Board member, effective immediately.
Max materiality 0.85 · Median 0.65 · Most common event earnings