Earnings summaries and quarterly performance for NORTHERN TECHNOLOGIES INTERNATIONAL.
Research analysts who have asked questions during NORTHERN TECHNOLOGIES INTERNATIONAL earnings calls.
Gus Richard
Northland Capital Markets
3 questions for NTIC
Zach Liggett
Desmond Liggett Wealth Advisors
2 questions for NTIC
Auguste Richard
Northland Capital Markets
1 question for NTIC
Gregory Weaver
Invicta Capital Management
1 question for NTIC
Joe Vidich
Manalapan Oracle Capital Management LLC
1 question for NTIC
Joseph Vidich
Manalapan Oracle Capital Management
1 question for NTIC
Tim Clarkson
Van Clemens
1 question for NTIC
Timothy Clarkson
Van Clemens Capital
1 question for NTIC
Recent press releases and 8-K filings for NTIC.
- NTIC reported a 4.4% decrease in consolidated net sales to $22.3 million for Q4 2025 and a 1.0% decrease for the full fiscal year 2025, resulting in a net loss of $1.1 million ($0.11 per diluted share) for Q4 2025 and net income of $18,000 ($0.00 per diluted share) for the full fiscal year.
- Performance varied across segments, with Zerust oil and gas net sales decreasing 29.4% in Q4 2025 and NatureTech net sales decreasing 10%, while Zerust industrial net sales increased 5.8% and NTIC China sales increased 12%. Joint venture sales increased 4.7% in Q4 2025 to $24.4 million.
- The company secured a three-year contract for a major offshore project in Brazil for its Zerust oil and gas business, valued at approximately BRL 70 million (or $13 million), which is expected to ramp up in fiscal 2026 and continue through calendar 2028.
- NTIC anticipates re-accelerated growth and improved profitability in fiscal 2026, driven by strategic investments, expected significant growth in Zerust oil and gas and NatureTech, and a focus on maintaining operating expenses at fiscal 2025 levels.
- The company also aims to pay down its $9.3 million outstanding debt under its revolving line of credit in fiscal 2026, as capital expenditures in North America are expected to be minimal.
- NTIC reported a net loss of $1.1 million or $0.11 per diluted share for Q4 fiscal 2025, with full-year fiscal 2025 net income at $18,000 or $0.00 per diluted share. Consolidated net sales for Q4 fiscal 2025 decreased 4.4% to $22.3 million, and 1.0% for the full fiscal year.
- Gross profit margin declined to 37.9% in Q4 fiscal 2025 and 37.6% for the full fiscal year, attributed to a less profitable sales mix. Operating expenses increased 2.2% in Q4 fiscal 2025, reaching 43.5% of net sales, due to strategic investments.
- Segment performance in Q4 fiscal 2025 saw Zerust oil and gas net sales decrease 29.4% and Natur-Tec net sales decrease 10%. In contrast, NTIC China sales increased 12% to $4 million for the quarter and 14% to $16.2 million for the full fiscal year.
- For fiscal 2026, NTIC anticipates re-accelerated growth and improved profitability, supported by strategic investments and new contracts, such as Zirus Brazil's $13 million (BRL 70 million) three-year offshore project. The company aims to maintain operating expenses and reduce its outstanding debt.
- Northern Technologies International Corporation reported a 1.0% decrease in consolidated net sales for fiscal year 2025, reaching $84,234,000, and a 4.4% decrease for the fourth quarter to $22,315,000.
- Net income attributable to NTIC for fiscal year 2025 was $18,000, or $0.00 per diluted share, a significant decline from $5,409,000, or $0.55 per diluted share, in the prior year.
- The company recorded a net loss attributable to NTIC of $(1,100,000), or $(0.12) per diluted share, for the fourth quarter of fiscal 2025.
- Operating income for fiscal year 2025 decreased 67.3% to $2,570,000, with gross profit as a percentage of net sales declining by 210 basis points to 37.6%.
- Management attributed the performance to challenging market conditions, shifting order timing, and increased operating expenses from strategic investments, but anticipates renewed growth and improved profitability in fiscal 2026.
- Northern Technologies International Corporation's (NTIC) 85%-owned subsidiary, Zerust Brazil, secured a three-year contract with a leading global engineering, procurement, and construction (EPC) company.
- This agreement, which will ramp during fiscal 2026 and run through calendar 2028, is for providing advanced corrosion protection solutions for floating production storage and offloading (FPSO) units.
- The contract has an estimated total value of approximately R$70 million (US$13 million), comprising R$40 million (US$7.4 million) for materials and R$30 million (US$5.6 million) for engineering and field services.
- Revenue will be recognized by Zerust Brazil over the duration of the agreement as products are delivered and services are performed.
Quarterly earnings call transcripts for NORTHERN TECHNOLOGIES INTERNATIONAL.
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