NTICNasdaqCoating, Engraving & Allied ServicesUS GAAP · USD

Northern Technologies International Corporation

Northern Technologies International Corp. develops and markets proprietary corrosion prevention and sustainable materials products through a global network of subsidiaries, joint ventures, distributors, and agents. Its core businesses are ZERUST® rust and corrosion inhibiting solutions and Natur-Tec® bio-based and compostable polymer compounds and finished products, sold across North America, Europe, Asia, and other international markets.

Liikevaihto84,2milj. USD
−1,0 %v/v
Liikevoitto (EBIT)2,6milj. USD
−67,3 %v/v
EBIT-marginaali3,1%
−6,2 %-yks.v/v
Nettotulos0,0milj. USD
−99,7 %v/v
Vapaa kassavirta0,9milj. USD
−64,5 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

020406080100milj. USD2020: 48 milj. USD2020: EBIT 1,6 milj. USD20202021: 56 milj. USD2021: EBIT 8,3 milj. USD20212022: 74 milj. USD2022: EBIT 5,1 milj. USD20222023: 80 milj. USD2023: EBIT 6,0 milj. USD20232024: 85 milj. USD2024: EBIT 7,9 milj. USD20242025: 84 milj. USD2025: EBIT 2,6 milj. USD2025842,6
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
ZERUST® corrosion prevention solutions70 %

Plastic and paper packaging, liquids, coatings, rust removers, cleaners, diffusers, and engineered systems that prevent corrosion.

Natur-Tec® sustainable materials20 %

Bio-based and certified compostable resin compounds and finished products used in packaging and related applications.

Technical consulting and services5 %

On-site corrosion prevention consulting and technical support provided to end users and joint ventures.

Joint venture service fees5 %

Fees for marketing, technical, legal, insurance, and other support services provided to foreign joint ventures.

Asiakkaat

NTIC sells to industrial end users that need corrosion protection for metal parts, equipment, and supply chains, especially in automotive, general industrial, mechanical, mining, agricultural, and oil and gas markets. It also serves customers seeking compostable and bio-based packaging materials, including businesses that want lower environmental impact packaging and disposal options.

Industrial corrosion prevention customers

Automotive, industrial, mechanical, mining, agricultural, and oil and gas users buy ZERUST® products to protect metal parts and equipment from rust and corrosion.

Packaging and materials customers

Customers buy Natur-Tec® resin compounds and finished products for compostable and bio-based packaging applications.

Joint venture end users

Local customers in foreign markets buy through NTIC-affiliated joint ventures that manufacture and distribute products in their territories.

Distributors and agents

Channel partners buy or place NTIC products into local markets and extend reach where direct sales are limited.

Strategia

NTIC is focused on expanding ZERUST® corrosion prevention into additional industrial end markets, including oil and gas, while extending Natur-Tec® through global sourcing and distribution channels. It also emphasizes local market access through joint ventures, direct sales resources, and technical support that help convert customers with long qualification cycles.

Expand corrosion prevention in oil and gasKeskipitkä aikaväli

Oil and gas customers require long qualification cycles, but the segment can deepen NTIC's industrial footprint.

Grow Natur-Tec® sustainable materialsKeskipitkä aikaväli

The business broadens NTIC beyond corrosion prevention into compostable and bio-based materials.

Localize production and sourcingLyhyt aikaväli

Reducing tariff and supply-chain exposure supports competitiveness and customer pricing.

Use joint ventures to extend market reachPitkä aikaväli

Local partners help NTIC access foreign markets, manage regulations, and scale distribution.

Maantiede

NTIC operates in over 65 countries through subsidiaries, joint ventures, independent distributors, and agents, with active joint ventures in North America, Europe, and Asia. The U.S. is an important direct-sales market, while international territories are often served through local partners that manufacture and market products within assigned regions.

Riskit

NTIC depends on international markets, third-party manufacturers, and joint venture partners, so trade policy, local economic conditions, and execution at partner level can materially affect results. Its product mix also exposes it to long sales cycles in oil and gas, competitive pressure in Natur-Tec®, and cybersecurity and warranty risks tied to operating systems and outsourced production.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Tariffs and trade restrictions1Reliance on third-party manufacturers and contractors2International political and economic instability3Slow commercialization in oil and gas4Competitive pressure in Natur-Tec®5Cybersecurity threats6
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Tariffs and trade restrictionsVaikutus: KorkeaTodennäköisyys: Korkea

    Global sourcing and cross-border sales can increase costs and disrupt supply chains.

    Kohdistuu: Natur-Tec® and international operations

  2. Reliance on third-party manufacturers and contractorsVaikutus: KorkeaTodennäköisyys: Kohtalainen

    NTIC outsources much of its production and logistics, creating quality and warranty exposure.

    Kohdistuu: Product manufacturing and fulfillment

  3. International political and economic instabilityVaikutus: KeskitasoTodennäköisyys: Korkea

    Sales and joint ventures operate in multiple foreign jurisdictions with local regulatory and macro risk.

    KohdistuuNorth AmericaEuropeAsiaEmerging markets
  4. Slow commercialization in oil and gasVaikutus: KeskitasoTodennäköisyys: Korkea

    Customer qualification can take years, delaying revenue conversion and scaling.

    Kohdistuu: ZERUST® oil and gas applications

  5. Competitive pressure in Natur-Tec®Vaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Larger competitors have stronger distribution, brand recognition, and resources.

    Kohdistuu: Bio-based resin compounds and compostable products

  6. Cybersecurity threatsVaikutus: KeskitasoTodennäköisyys: Matala

    Business systems store proprietary and sensitive information and could be disrupted by attacks.

    Kohdistuu: Information systems and financial reporting

Kysy Clarifolta: Northern Technologies International Corporation

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition on shipment

Timing of shipment drives when product sales are recorded and can affect quarterly comparability.

Vaikutus: Product sales and reported growth

Joint venture fee income

Service fees are tied to JV net sales, so partner performance directly affects NTIC's revenue.

Vaikutus: Service revenue and margin mix

Warranty and product defect reserves

Outsourced manufacturing can create obligations if products fail or require remediation.

Vaikutus: Cost of goods sold and liabilities

Investment and joint venture valuation

Ownership interests and new subsidiaries may require judgment on carrying values and consolidation.

Vaikutus: Balance sheet carrying values and earnings

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026