Northern Technologies International
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Northern Technologies International's past years’ income statements indicate that its last revenue has increased compared to the previous period by 6% to $85,059,517. The net income raised on $5,409,082,000 and profit margin reached 6359%. Total operating expenses were $25,917,879.
Profit Margin
| 2015 | 30.32M | 1.78M | 5.9% |
|---|---|---|---|
| 2016 | 32.93M | -867.51K | -2.63% |
| 2017 | 39.56M | 3.42M | 8.65% |
| 2018 | 51.42M | 6.70M | 13.03% |
| 2019 | 55.75M | 5.20M | 9.34% |
| 2020 | 47.63M | -934.76K | -1.96% |
| 2021 | 56.49M | 6.28M | 11.12% |
| 2022 | 74.15M | 6.32M | 8.53% |
| 2023 | 79.90M | 2.91M | 3.64% |
| 2024 | 85.05M | 5.40B | 6359.17% |
NTIC Income Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 85.05M | 79.90M | 74.15M | 56.49M | 47.63M | 55.75M | 51.42M | 39.56M | 32.93M | 30.32M |
Cost of revenue | 51.27M | 52.09M | 51.09M | 36.92M | 31.60M | 37.97M | 34.16M | 26.31M | 22.32M | 20.55M |
Gross profit | 33.78M | 27.80M | 23.06M | 19.57M | 16.02M | 17.77M | 17.25M | 13.25M | 10.61M | 9.76M |
Operating exp. | ||||||||||
Research and development | 4.80M | 4.96M | 4.77M | 4.40M | 3.97M | 3.82M | 3.52M | 2.91M | 4.72M | 4.04M |
Selling and marketing | 16.41M | 15.29M | 13.03M | 12.01M | 10.65M | 10.96M | 10.88M | 9.28M | 6.25M | 5.82M |
Total operating expenses | 25.91M | 21.78M | 28.41M | 24.67M | 23.32M | 24.14M | 22.91M | 20.00M | 19.21M | 18.26M |
Operating income | 7.86M | 6.02M | 3.62M | 8.32M | 687.68K | 6.59M | 8.01M | 4.60M | 1.28M | 3.15M |
Other income (expenses), net | -221.30K | -433.31K | 5.43M | 135.78K | 151.69K | 64.69K | 13.66M | 23.15K | 7.99M | 14.39K |
Income before tax | 7.64M | 5.58M | 9.05M | 8.45M | 1.73M | 6.65M | 8.09M | 4.62M | -572.18K | 3.16M |
Income tax expense | 1.32M | 1.34M | 1.87M | 1.46M | 2.67M | 841.83K | 876.10K | 699.51K | 626.12K | 648.67K |
Net income | 5.40B | 2.91M | 6.32M | 6.28M | -934.76K | 5.20M | 6.70M | 3.42M | -867.51K | 1.78M |
Earnings per share | ||||||||||
Basic EPS | 0.57 | 0.31 | 0.69 | 0.69 | -0.1 | 0.57 | 0.74 | 0.38 | -0.09 | 0.2 |
Diluted EPS | 0.55 | 0.3 | 0.66 | 0.64 | -0.1 | 0.55 | 0.72 | 0.38 | -0.09 | 0.19 |
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