Northern Technologies International Corporation

Northern Technologies International Corporation is in the business of converting unique environmentally beneficial material science into value added products and services for industrial and consumer applications. Our business model of commercializing clean and green technologies in niche markets depends heavily on the talents, perseverance and integrity of both our employees and our worldwide federation of joint venture partners. Northern Technologies International Corporation was founded in 1970 in Lino Lakes, Minnesota with its primary business in oil analyzer instruments (then known as Northern Instruments, Inc.). In 1993, Northern Instruments changed its corporate name by merging into a wholly owned subsidiary, Northern Technologies International Corporation. The company has since grown out of the oil analyzer instrument business and into a global provider of corrosion inhibiting products and corrosion control management services with sales and technical support reach in more than 50 countries. Our system conforms to the ISO 9001:2000 Standard and ISO 14001: Environmental Management Standards. Consistent with our desire to expand our offering of environmentally beneficial clean technologies to the public, we have recently, for example, developed patented biodegradable plastics and renewable resource engineering plastics to further reduce any negative impact on the environment. We believe that our responsibilities are first to our worldwide customers, then to our people, next to our communities and finally to our shareholders. Therefore, we must: 1. Exercise honor, humanity and disciplined management in our actions. 2. See a unified world through the global perspectives of our people. 3. Ensure that the environment becomes a better place because of what we do. 4. Invest continuously in our future. 
Company Growth (employees)
Circle Pines, US
Size (employees)
75 (est)
Northern Technologies International Corporation was founded in 1970 and is headquartered in Circle Pines, US

Northern Technologies International Corporation Office Locations

Northern Technologies International Corporation has offices in Circle Pines and Beachwood
Circle Pines, US (HQ)
4201 Woodland Rd P.O. Box 69
Beachwood, US
23900 Mercantile Rd

Northern Technologies International Corporation Financials and Metrics

Northern Technologies International Corporation Financials

Northern Technologies International Corporation's revenue was reported to be $39.6 m in FY, 2017

Revenue (FY, 2017)

39.6 m

Gross profit (FY, 2017)

37.7 m

Gross profit margin (FY, 2017), %


Net income (FY, 2017)

3.9 m

EBIT (FY, 2017)

4.6 m

Market capitalization (13-Dec-2017)

92.7 m

Cash (31-Aug-2017)

6.4 m
Northern Technologies International Corporation's current market capitalization is $92.7 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017


22.5 m26.8 m30.3 m32.9 m39.6 m

Revenue growth, %


Cost of goods sold

15.5 m17.8 m20.6 m22.3 m1.9 m

Gross profit

7 m9 m9.8 m10.6 m37.7 m
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017


6.3 m6.2 m6.9 m7.2 m6.7 m8.3 m7 m7.7 m8.7 m9.7 m8.7 m10.2 m

Cost of goods sold

4.2 m4.1 m4.7 m4.8 m4.7 m5.6 m4.9 m5.3 m5.8 m6.6 m5.9 m6.8 m

Gross profit

2.2 m2.2 m2.3 m2.4 m2.1 m2.7 m2.1 m2.4 m2.9 m3.1 m2.9 m3.4 m

Gross profit Margin, %

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017


4.3 m2.5 m2.6 m3.4 m6.4 m


5.1 m6 m7.5 m7.7 m7.5 m

Current Assets

16.9 m22.3 m19.3 m20.9 m26.1 m


5.3 m6.5 m7.3 m7.4 m
USDQ3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017


3.8 m3.1 m2.5 m4.6 m2.5 m3 m3.5 m


6.7 m7.6 m7.3 m7.4 m7.4 m8.1 m7.9 m

Current Assets

20.8 m18.3 m20.2 m22.3 m20 m20.3 m24.6 m


7.1 m7.4 m7.3 m7.3 m7.2 m7.5 m7.5 m
    USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

    Net Income

    4.8 m5.5 m2.5 m(1.2 m)3.9 m

    Depreciation and Amortization

    435.7 k454.9 k530.4 k660 k787.1 k


    (1 m)(825.2 k)(1.7 m)(257.8 k)7.5 m

    Accounts Payable

    78.6 k365.8 k127.9 k641.6 k2.7 m
    USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

    Net Income

    1.3 m2.7 m4.1 m1.5 m1.4 m2.5 m(72.6 k)(143.7 k)880.3 k406.7 k891.7 k2.4 m

    Depreciation and Amortization

    116.7 k217.6 k335.4 k117.7 k245.4 k385.1 k159 k321.4 k482.6 k193.9 k385.6 k581 k


    (309.1 k)(246.7 k)(397.1 k)276.3 k(102.4 k)(887.7 k)(180.2 k)111.1 k17.2 k274.4 k(349.6 k)(155 k)

    Accounts Payable

    546.6 k(578.1 k)(227.5 k)(18.1 k)(558 k)82.6 k258.8 k(174.6 k)692.7 k378.4 k915.5 k816.8 k
      USDY, 2017


      527.6 k

      Financial Leverage

      1.1 x
      Show all financial metrics

      Northern Technologies International Corporation Market Value History

      Northern Technologies International Corporation's Web-traffic and Trends

      Northern Technologies International Corporation Company Life and Culture

      You may also be interested in