NTIC · XBRL financial data

Northern Technologies International financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (NTIC's year ends in late August)

In thousands of dollars	FY 2020Aug 31, 2020	FY 2021Aug 31, 2021	FY 2022Aug 31, 2022	FY 2023Aug 31, 2023	FY 2024Aug 31, 2024	FY 2025Aug 31, 2025
Revenue	47,639	56,494	74,159	79,903	85,060	84,234
Cost of goods and services sold	31,609	36,921	51,090	52,099	51,273	52,558
Gross profit	16,029	19,573	23,069	27,804	33,786	31,677
Research and development	3,979	4,400	4,775	4,968	4,803	5,038
General and administrative	8,688	8,262	10,601	13,166	14,176	14,793
Total operating expenses	23,324	24,680	28,414	33,425	35,393	37,651
Operating income (loss)	1,588	8,323	5,148	6,021	7,868	2,570
Interest income	168	—	—	—	—	—
Interest expense	16	16	89	462	340	600
Income tax expense (benefit)	2,675	1,462	1,874	1,350	1,326	2,045
Net income (loss)	(1,338)	6,281	6,325	2,912	5,409	18
Earnings per share, basic USD per share	(0.15)	0.69	0.69	0.31	0.57	0.00
Earnings per share, diluted USD per share	(0.15)	0.64	0.66	0.30	0.55	0.00
Weighted average shares, basic thousands of shares	9,097	9,116	9,216	9,360	9,434	9,476
Weighted average shares, diluted thousands of shares	9,097	9,874	9,635	9,693	9,833	9,640

Fiscal years (NTIC's year ends in late August)

In thousands of dollars	FY 2020Aug 31, 2020	FY 2021Aug 31, 2021	FY 2022Aug 31, 2022	FY 2023Aug 31, 2023	FY 2024Aug 31, 2024	FY 2025Aug 31, 2025
Cash and cash equivalents	6,403	7,681	5,334	5,406	4,952	7,251
Marketable securities	5,545	5	6	0	—	—
Inventory	10,962	11,114	16,342	13,096	14,391	15,525
Total current assets	33,202	33,747	40,235	39,672	41,579	44,343
Property and equipment, net	7,111	11,821	12,170	14,065	16,266	15,184
Right-of-use asset	659	376	558	429	425	493
Goodwill	—	0	4,782	4,782	4,782	4,782
Total assets	66,074	74,371	86,194	89,344	94,677	102,745
Accounts payable	3,205	4,291	7,796	6,056	6,393	8,044
Total current liabilities	6,098	8,516	17,065	16,721	17,897	23,904
Lease liability, non-current	272	104	184	88	99	148
Retained earnings	42,473	46,973	50,717	51,004	53,771	52,273
Total stockholders' equity	56,659	62,368	63,595	66,356	71,194	72,149
Total liabilities and equity	66,074	74,371	86,194	89,344	94,677	102,745
Common shares outstanding (cover page) thousands of shares	9,105	9,187	9,366	9,428	9,471	9,481

Fiscal years (NTIC's year ends in late August)

In thousands of dollars	FY 2020Aug 31, 2020	FY 2021Aug 31, 2021	FY 2022Aug 31, 2022	FY 2023Aug 31, 2023	FY 2024Aug 31, 2024	FY 2025Aug 31, 2025
Net income (loss)	(1,338)	6,281	6,325	2,912	5,409	18
Stock-based compensation	1,338	664	932	1,338	1,381	1,360
Net cash from operating activities	4,912	2,893	1,146	5,541	5,883	2,443
Purchases of property and equipment	711	5,533	1,497	3,248	3,298	1,526
Net cash from investing activities	(2,785)	(103)	(7,108)	(3,343)	(3,418)	(3,930)
Dividends paid	1,182	1,781	2,581	2,624	2,642	1,515
Proceeds from long-term debt	—	—	—	—	0	538
Net cash from financing activities	(1,518)	(1,522)	3,188	(2,054)	(2,957)	3,862
Net change in cash	546	1,278	(2,347)	72	(454)	2,298

SIC 3470 and related industry codes, similar size; rows marked “added: same SIC” fill a short list. Each row is the latest quarter reported.

How peers are chosen

SIC 3470 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Fewer than three companies fall in that range, so the list adds same-SIC (3470) companies nearest in public float, each marked “added: same SIC”.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.
A cell reading “year only” links to a 10-K that gives only the full year: without all three earlier quarters there is no fourth quarter to work out, and the year total is never shown as a quarter.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Northern Technologies International	7,276	24,216	623*	9.5M	—	Q3 FY26 10-QMay 31, 2026
XPELadded: same SIC	40,675	143,053	30,789*	27.6M	—	Q2 FY26 10-QJun 30, 2026
Azzadded: same SIC	1,953	not reported	not reported	29.9M	—	Q2 FY27 10-Q/AAug 31, 2026
APEX Global Solutionsadded: same SIC	1,132	year only	year only	not reported	—	Q4 FY25 20-FDec 31, 2025
Nano Magicadded: same SIC	39	640	(642)*	14.4M	0.1 quarters	Q3 FY24 10-QSep 30, 2024
Quad Globaladded: same SIC	not reported	not reported	not reported	not reported	—	—

Not investment advice. Not affiliated with the U.S. SEC.