MARKETS / NASDAQ / NTIC

NASDAQ · COATING, ENGRAVING & ALLIED SERVICES · SMALL CAP

Northern Technologies International Corp. NTIC

15 fiscal years on record · USD · FY2025 reported · SEC filings only

Revenue

$84.2M

▼ 1.0% YoY

Net income

$17,619

▼ 99.7% YoY

Free cash flow

$916,518

▼ 76.9% YoY

In brief

What this company does

Northern Technologies International Corporation (NTIC) develops and markets proprietary, environmentally beneficial products and services in over 65 countries, either directly or via a network of subsidiaries, joint ventures, independent distributors, and agents. NTIC's primary business is corrosion prevention, marketed mainly under the ZERUST brand, and it also markets a portfolio of proprietary bio-based and certified compostable polymer resin compounds and finished products under the Natur-Tec brand. NTIC derives revenues from two reportable business segments: ZERUST corrosion prevention solutions and Natur-Tec resin compounds and finished products. In fiscal 2025, 74.2% of NTIC's consolidated net sales were derived from developing, manufacturing and marketing ZERUST rust and corrosion inhibiting products and services, which totaled $62,488,397. NTIC manufactures select ZERUST rust and corrosion inhibiting products at its corporate headquarters location in Circle Pines, Minnesota. As of August 31, 2025, NTIC had a total of 94 employees, with 91 full-time employees and 3 part-time employees, located in North America.

Written from the business description in NORTHERN TECHNOLOGIES INTERNATIONAL CORP's annual report to the U.S. Securities and Exchange Commission, filed 20 November 2025. Every sentence was checked against that document before publication.

Growth

USD 84.2M

Revenue, FY2025 · full 15-year series below

Revenue $M Net income $M

FY2025 · Revenue 84.2 · Net income 0.0

Compound annual growth

Revenue

+4.3%

+12.1%

+10.8%

Net income

−85.9%

−37.0%

Dividend / share

−17.0%

+4.2%

Returned to shareholders

−16.3%

+5.1%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at +12.1% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

1 cents

of every revenue dollar became profit

Operating margin Net margin

FY2025 · Operating 3.1% · Net 1.2%

ROE

FY2025 · ROE 0.0%

Gross margin37.6%

Operating margin3.1%

Net margin1.2%

Return on assets1.0%

EBITDAUSD 3.6M

Each USD of equity produced 0 cents of profit this year.

Cash & shareholders

USD 1.5M

returned in FY2025 · dividends + net buybacks

Free cash flow $M

FY2025 · FCF 0.9

Net buybacks $M Dividends $M

FY2025 · Dividends 1.5 · Net buybacks —

Dividends paidUSD 1.5M

Net buybacks—

Share of profit8600.7%

Consecutive raises—

USD 1.5M in dividends — 8601% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 102.7M

EquityUSD 72.1M

CashUSD 7.3M

Current ratio1.86×

Equity funds 70% of total assets.

The 15-year record

15 fiscal years

Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Revenue $B	0.1	0.1	0.1	0.1	0.1	0.0	0.1	0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Operating income $B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
EBITDA $B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Income tax $B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net income $B	0.0	0.0	0.0	0.0	0.0	−0.0	0.0	0.0	0.0	−0.0	0.0	0.0	0.0	0.0	0.0
Free cash flow $B	0.0	0.0	0.0	−0.0	−0.0	0.0	0.0	−0.0	0.0	0.0	−0.0	0.0	0.0	−0.0	−0.0
EPS, diluted $	0.00	0.55	0.30	0.66	0.64	−0.15	0.55	0.72	0.75	−0.19	0.38	0.90	0.75	0.78	0.89
Dividend / sh $	0.16	0.28	0.28	0.28	0.20	0.13	0.24	0.20	0.00	·	·	·	·	·	·
Payout %	8601	49	90	41	28	−88	42	27	·	·	·	·	·	·	·
ROE %	0.0	7.9	4.5	10.0	10.6	−2.4	9.5	13.1	7.3	−1.9	3.9	9.5	8.7	9.7	11.3
Shares out B	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance

Company facts, as filed

How we verify · 0 failures in 74 reconciliationsAUDITED

Reconciled in 15 of 19 fiscal years. 21 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures

ActivityCoating, Engraving & Allied Services

Listed onNASDAQ

Incorporated inDelaware

Fiscal year endsAugust 31

SEC categorysmaller reporting company

Data on record since2011