$160.4 M

NTIC Mkt cap, 22-Jun-2018

$11.5 M

Northern Technologies International Corporation Revenue Q1, 2018
Northern Technologies International Corporation Gross profit (Q1, 2018)3.7 M
Northern Technologies International Corporation Gross profit margin (Q1, 2018), %31.7%
Northern Technologies International Corporation Net income (Q1, 2018)1.2 M
Northern Technologies International Corporation EBIT (Q1, 2018)1.3 M
Northern Technologies International Corporation Cash, 30-Nov-20174.6 M

Northern Technologies International Corporation Financials

Northern Technologies International Corporation Income Statement

Annual

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

Revenue

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

Revenue growth, %

19%13%9%

Cost of goods sold

15.5 m17.8 m20.6 m22.3 m26.3 m

Gross profit

7 m9 m9.8 m10.6 m13.3 m

Gross profit Margin, %

31%34%32%32%33%

Sales and marketing expense

6.3 m9.3 m

R&D expense

4.7 m2.9 m

General and administrative expense

7.2 m7.8 m

Operating expense total

18.2 m20 m

Depreciation and amortization

787.1 k

EBIT

5 m6.7 m3.2 m1.3 m4.6 m

EBIT margin, %

22%25%10%4%12%

Interest expense

52.2 k47.3 k21 k13.3 k20.4 k

Interest income

34.6 k11.6 k34.8 k42.1 k43.5 k

Pre tax profit

5.6 m6.7 m3.2 m(572.2 k)

Income tax expense

864 k1.1 m648.7 k626.1 k699.5 k

Net Income

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

Quarterly

USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

6.3 m6.2 m6.9 m7.2 m6.7 m8.3 m7 m7.7 m8.7 m9.7 m8.7 m10.2 m11.5 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 m7.9 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 m3.7 m

Gross profit Margin, %

34%35%33%33%31%32%31%32%33%32%33%34%32%

Sales and marketing expense

1.3 m1.3 m1.3 m1.4 m1.3 m1.4 m1.5 m1.5 m1.5 m2 m2.2 m2.4 m2.6 m

R&D expense

1.1 m1.1 m1.1 m1 m854.3 k1.1 m1 m1.1 m1.2 m642.5 k742 k733.7 k798.7 k

General and administrative expense

1.4 m1.2 m1.3 m1.5 m1.6 m1.7 m1.9 m1.5 m1.7 m2.5 m1.8 m1.7 m2.2 m

Operating expense total

4.2 m4 m4.1 m4.5 m4.4 m4.5 m4.7 m4.4 m4.7 m5.2 m4.8 m4.8 m5.6 m

EBIT

1.5 m1.7 m1.8 m1.6 m137.8 k1.2 m(85.6 k)(35.1 k)1.2 m525.5 k608.8 k1.7 m1.3 m

EBIT margin, %

24%27%26%23%2%14%(1%)0%14%5%7%17%11%

Interest expense

13.7 k12 k7.1 k5 k3.2 k6 k4.7 k10.8 k15.5 k4.6 k3.5 k7.4 k5.1 k

Interest income

1.8 k2.6 k1.4 k15.1 k2.4 k7.9 k14.2 k14.4 k29.9 k3.6 k4.5 k11 k24.1 k

Pre tax profit

1.5 m1.6 m1.8 m1.6 m139.1 k1.2 m(76.1 k)(30.5 k)1.2 m1.7 m1.3 m

Income tax expense

198 k259.8 k361.3 k183.7 k197.6 k114.2 k(3.5 k)40.5 k225.4 k117.7 k124.9 k237.8 k105 k

Net Income

1.3 m1.4 m1.4 m1.5 m(58.5 k)1.1 m(72.6 k)(71 k)1 m406.7 k485 k1.5 m1.2 m

Northern Technologies International Corporation Balance Sheet

Annual

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

Cash

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

Accounts Receivable

Inventories

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

Current Assets

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

PP&E

5.3 m6.5 m7.3 m7.4 m

Total Assets

49.1 m54.1 m51.6 m51.1 m56.6 m

Accounts Payable

1.8 m2.2 m2.1 m2.8 m2.7 m

Short-term debt

76.1 k

Current Liabilities

3.7 m4.5 m3.7 m4 m4.9 m

Long-term debt

Additional Paid-in Capital

11.7 m12.7 m13.4 m13.8 m14.2 m

Retained Earnings

28.6 m32.7 m34.5 m33.7 m37.1 m

Total Equity

44.5 m49.6 m47.9 m47.1 m51.7 m

Financial Leverage

1.1 x1.1 x1.1 x1.1 x1.1 x

Quarterly

USDQ3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

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

Inventories

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

Current Assets

20.8 m18.3 m20.2 m22.3 m20 m20.3 m24.6 m26.2 m

PP&E

7.1 m7.4 m7.3 m7.3 m7.2 m7.5 m7.5 m7.2 m

Total Assets

51.9 m50.6 m50 m52.8 m50.2 m51.8 m54 m58.2 m

Accounts Payable

2.1 m2.3 m1.9 m2.8 m3 m3.6 m3.6 m3.8 m

Current Liabilities

3.5 m3.5 m2.7 m4 m4.1 m5 m4.8 m5.8 m

Additional Paid-in Capital

13.2 m13.6 m13.6 m13.7 m13.9 m13.9 m14 m14.3 m

Retained Earnings

34.5 m34.3 m34.2 m35.1 m34 m34.3 m35.7 m37.7 m

Total Equity

48.3 m47.1 m47.3 m48.8 m46.1 m46.8 m49.2 m52.4 m

Financial Leverage

1.1 x1.1 x1.1 x1.1 x1.1 x1.1 x1.1 x1.1 x

Northern Technologies International Corporation Cash Flow

Annual

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

Accounts Receivable

Inventories

(1 m)(825.2 k)(1.7 m)(257.8 k)305.3 k

Accounts Payable

78.6 k365.8 k127.9 k641.6 k(129.4 k)

Cash From Operating Activities

(1.2 m)(8.4 k)(755.5 k)2.1 m5.7 m

Purchases of PP&E

(1.5 m)(1.6 m)(1.4 m)(643.4 k)(922.3 k)

Cash From Investing Activities

3 m(26.1 k)1.9 m(995.2 k)(2.6 m)

Cash From Financing Activities

(1.6 m)(1.8 m)(874.7 k)(270.2 k)(226.7 k)

Income Taxes Paid

(98.4 k)150.8 k(258.3 k)(40.9 k)90.9 k

Quarterly

USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

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 m1.2 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 k208.5 k

Inventories

(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)(530.4 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 k1.3 m

Cash From Operating Activities

(207.7 k)(1.5 m)(607 k)(469.8 k)392 k36.2 k(750.2 k)1.2 m3.1 m(924.4 k)(823.4 k)2.8 m(1.4 m)

Purchases of PP&E

(166.3 k)(325.1 k)(428.5 k)(470.7 k)(897.6 k)(1.1 m)(264.2 k)(346.9 k)(490.5 k)(112.6 k)(599.1 k)(760.8 k)(87.3 k)

Cash From Investing Activities

(212.4 k)5 m6.8 m1.1 m990.5 k1.8 m1.2 m(1.1 m)(794.7 k)327.1 k810.6 k(2.4 m)(121.9 k)

Cash From Financing Activities

9.9 k(873.6 k)(2 m)(437.9 k)(437.9 k)(402.6 k)(12.7 k)(235.6 k)(228.8 k)(238.8 k)(315.2 k)(308.7 k)(172.1 k)

Income Taxes Paid

52.8 k(209.8 k)(155.3 k)(154.9 k)(300.7 k)(217.1 k)(133.7 k)(355.2 k)(314 k)84.9 k(16.5 k)(154.2 k)(101.9 k)

Northern Technologies International Corporation Ratios

USDY, 2017

Revenue/Employee

153.9 k

Financial Leverage

1.1 x
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