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Complete financial analysis of NXT Energy Solutions Inc. (NSFDF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of NXT Energy Solutions Inc., a leading company in the Oil & Gas Equipment & Services industry within the Energy sector.
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NXT Energy Solutions Inc. (NSFDF)
About NXT Energy Solutions Inc.
NXT Energy Solutions Inc., a technology company, provides services to the oil and gas industry through its proprietary stress field detection (SFD) technology worldwide. Its SFD technology, a remote sensing airborne survey system utilizes quantum-scale sensors to detect gravity field perturbations in an airborne survey method which can be used onshore and offshore to remotely identify traps and reservoirs with hydrocarbon and geothermal exploration potential. The company was formerly known as Energy Exploration Technologies Inc. and changed its name to NXT Energy Solutions Inc. in September 2008. NXT Energy Solutions Inc. was incorporated in 1994 and is headquartered in Calgary, Canada.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.15M | 0.00 | 3.13M | 136.57K | 11.98M | 0.00 | 470.98K | 1.45M | 17.42M | 3.91M | 2.68M | 10.94M | 144.65K | 443.01K | 3.68M | 2.96M | 5.33M | 1.11M | 56.54K | 57.74K | 0.00 | 833.72K | 1.59 | 1.50 | 1.45 | 0.00 |
| Cost of Revenue | 2.25M | 2.95M | 3.00M | 2.87M | 4.39M | 2.89M | 1.29M | 1.16M | 5.10M | 431.52K | 1.63M | 3.63M | 46.71K | 466.43K | 8.35K | 215.20K | 781.69K | 5.54K | 5.49K | 6.89K | 0.00 | 243.11K | 2.57M | 749.50K | -134.71K | 0.00 |
| Gross Profit | -103.41K | -2.95M | 133.60K | -2.74M | 7.58M | -2.89M | -818.45K | 290.08K | 12.33M | 3.48M | 1.05M | 7.30M | 97.94K | -23.42K | 3.68M | 2.74M | 4.54M | 1.11M | 51.05K | 50.84K | 0.00 | 590.60K | -2.57M | -749.49K | 134.72K | 0.00 |
| Gross Profit Ratio | -4.82% | 0.00% | 4.26% | -2,003.30% | 63.32% | 0.00% | -173.77% | 20.04% | 70.75% | 88.97% | 39.19% | 66.78% | 67.71% | -5.29% | 99.77% | 92.72% | 85.32% | 99.50% | 90.29% | 88.06% | 0.00% | 70.84% | -161,658,589.18% | -49,982,894.33% | 9,301,500.00% | 0.00% |
| Research & Development | 0.00 | 0.00 | 47.79K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.48M | 0.00 | 0.00 | 240.65K | 666.12K | 552.19K | 394.65K | 387.11K |
| General & Administrative | 3.33M | 3.74M | 3.19M | 3.34M | 3.54M | 4.39M | 5.54M | 6.44M | 6.13M | 4.79M | 4.60M | 4.77M | 3.56M | 4.26M | 4.24M | 3.68M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 195.81 | 47.79 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 369.09K | 0.00 | 0.00 | 464.26 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 3.33M | 3.74M | 3.19M | 3.34M | 3.54M | 4.39M | 5.54M | 6.44M | 6.13M | 4.79M | 4.60M | 4.77M | 3.56M | 4.26M | 4.24M | 3.68M | 3.78M | 2.89M | 3.19M | 2.85M | 2.48M | 2.79M | 3.11M | 2.70M | 2.10M | 1.51M |
| Other Expenses | -5.28M | -28.86K | -20.99K | -10.40K | -56.83K | 43.43K | -91.37K | 2.10M | 704.94K | 67.16K | 85.48K | 125.02K | 160.48K | -4.09K | 175.90K | 175.99K | 3.99M | 4.18M | 3.97M | 3.68M | 2.55M | 8.89M | 3.65M | 3.22M | 2.48M | 1.66M |
| Operating Expenses | -1.86M | 3.74M | 3.19M | 3.34M | 3.54M | 4.39M | 7.44M | 8.54M | 6.84M | 4.86M | 4.69M | 4.90M | 3.72M | 4.42M | 6.00M | 3.85M | 3.99M | 4.18M | 7.45M | 3.68M | 2.55M | 9.13M | 4.31M | 3.77M | 2.88M | 2.05M |
| Cost & Expenses | 5.67M | 6.68M | 6.19M | 6.21M | 7.93M | 7.28M | 8.73M | 9.70M | 11.93M | 5.29M | 6.32M | 8.53M | 3.77M | 4.89M | 6.01M | 4.07M | 4.77M | 4.18M | 7.46M | 3.69M | 2.55M | 9.38M | 6.89M | 4.52M | 2.74M | 2.05M |
| Interest Income | 0.00 | 36.22 | 37.96 | 14.06K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 16.35K | 9.92K | 80.63K | 234.01K | 103.14K | 4.53K | -0.73 | 0.00 | 2.84K | 31.70K | 176.87K | 536.05K | 0.00 | 322.98K |
| Interest Expense | 160.26K | 34.40K | 37.96K | 0.00 | 0.00 | 0.00 | 4.49K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 75.32K | 1.33M | 1.72M | 638.34 | 0.00 | 111.74K | 243.53K | 28.90K | 0.00 | 22.00K |
| Depreciation & Amortization | 1.76M | 1.77M | 1.78M | 1.78M | 1.78M | 1.79M | 1.90M | 2.10M | 704.94K | 67.16K | 85.48K | 125.02K | 160.48K | 164.07K | 175.90K | 175.99K | 206.43K | 1.28M | 747.67K | 69.64K | 73.48K | 377.47K | 536.38K | 514.67K | 383.09K | 204.94K |
| EBITDA | -3.53M | -4.93M | -1.31M | -4.25M | 6.06M | -5.18M | -6.99M | -6.15M | 6.20M | -1.66M | -3.66M | 2.53M | -3.47M | -4.28M | -2.15M | -938.94K | 666.88K | -1.78M | -6.65M | -3.86M | 126.09K | -2.59M | -6.29M | -4.00M | -2.36M | -1.88M |
| EBITDA Ratio | -164.58% | 0.00% | -40.56% | -3,201.43% | 50.57% | 0.00% | -1,435.74% | -390.69% | 34.51% | -27.33% | -82.85% | 23.93% | -2,378.48% | -962.01% | -54.14% | -22.96% | 18.79% | -160.13% | -11,695.33% | -4,043.80% | 0.00% | -212.46% | -395,043,100.00% | -268,784,100.00% | -162,867,400.00% | 0.00% |
| Operating Income | -3.52M | -6.70M | -3.05M | -6.15M | 4.28M | -7.48M | -8.73M | -8.25M | 5.49M | -1.38M | -3.64M | 2.41M | -3.63M | -4.44M | -2.33M | -1.11M | 555.15K | -3.07M | -7.40M | -3.87M | -3.86M | -8.90M | -6.92M | -4.52M | -2.74M | -2.05M |
| Operating Income Ratio | -164.21% | 0.00% | -97.24% | -4,505.42% | 35.70% | 0.00% | -1,853.43% | -570.09% | 31.52% | -35.15% | -135.55% | 21.99% | -2,506.38% | -1,003.16% | -63.19% | -37.73% | 10.42% | -275.47% | -13,087.65% | -6,694.51% | 0.00% | -1,067.52% | -434,483,500.00% | -301,354,400.00% | -189,435,800.00% | 0.00% |
| Total Other Income/Expenses | -1.93M | -34.40K | -1.38M | -1.36M | -205.61K | 516.46K | -2.06M | -474.31K | 197.31K | -187.94K | -1.30M | 150.71K | 44.56K | -8.33K | -76.94K | -26.37K | -211.67K | -1.32M | -1.72M | -319.67K | -2.61M | 8.90M | -62.00K | 26.27K | -1.70K | 29.59K |
| Income Before Tax | -5.45M | -6.73M | -3.12M | -6.00M | 3.77M | -6.97M | -8.89M | -8.73M | 5.69M | -1.56M | -4.94M | 2.49M | -3.58M | -4.46M | -2.49M | -1.38M | 343.48K | -4.39M | -9.12M | -5.09M | -6.47M | -15.29M | -6.98M | -4.49M | -2.75M | -2.02M |
| Income Before Tax Ratio | -254.05% | 0.00% | -99.67% | -4,393.24% | 31.50% | 0.00% | -1,888.58% | -602.86% | 32.65% | -39.95% | -184.12% | 22.76% | -2,478.12% | -1,007.28% | -67.47% | -46.54% | 6.45% | -394.13% | -16,131.41% | -8,822.94% | 0.00% | -1,834.49% | -438,378,200.00% | -299,602,200.00% | -189,553,400.00% | 0.00% |
| Income Tax Expense | 0.00 | 34.40K | 46.55K | -87.56K | 212.55K | -516.46K | 75.55K | 374.51K | -4.85M | 187.94K | 399.55K | 426.42K | -40.88K | 8.33K | 76.94K | 26.37K | 211.67K | 1.32M | -19.90K | 192.29K | 1.09M | 392.92K | 99.16K | -533.42K | -521.17K | -330.57K |
| Net Income | -5.45M | -6.77M | -3.17M | -5.91M | 3.77M | -6.45M | -8.97M | -9.10M | 10.54M | -1.56M | -5.34M | 2.06M | -3.58M | -4.45M | -2.41M | -1.14M | 343.48K | -4.39M | -9.10M | -3.83M | -3.65M | -8.94M | -6.99M | -3.99M | -2.22M | -1.72M |
| Net Income Ratio | -254.05% | 0.00% | -101.15% | -4,329.12% | 31.50% | 0.00% | -1,904.62% | -628.74% | 60.50% | -39.95% | -199.01% | 18.86% | -2,478.12% | -1,005.04% | -65.28% | -38.62% | 6.45% | -394.13% | -16,096.22% | -6,625.88% | 0.00% | -1,071.83% | -438,859,000.00% | -265,781,400.00% | -153,451,300.00% | 0.00% |
| EPS | -0.07 | -0.10 | -0.05 | -0.09 | 0.06 | -0.10 | -0.16 | -0.17 | 0.22 | -0.04 | -0.13 | 0.05 | -0.10 | -0.14 | -0.08 | -0.04 | 0.01 | -0.17 | -0.42 | -0.19 | -0.21 | -0.52 | -0.49 | -0.30 | -0.17 | -0.14 |
| EPS Diluted | -0.07 | -0.10 | -0.05 | -0.09 | 0.06 | -0.10 | -0.16 | -0.17 | 0.21 | -0.04 | -0.13 | 0.04 | -0.10 | -0.14 | -0.08 | -0.04 | 0.01 | -0.17 | -0.42 | -0.19 | -0.21 | -0.52 | -0.49 | -0.30 | -0.17 | -0.14 |
| Weighted Avg Shares Out | 77.65M | 66.05M | 65.10M | 64.85M | 68.63M | 65.91M | 54.90M | 53.93M | 48.11M | 44.68M | 41.95M | 49.13M | 35.94M | 30.99M | 30.90M | 30.58M | 28.03M | 25.29M | 21.42M | 20.27M | 17.72M | 17.09M | 14.32M | 13.08M | 12.77M | 12.48M |
| Weighted Avg Shares Out (Dil) | 77.65M | 66.05M | 65.10M | 64.85M | 68.63M | 65.91M | 54.90M | 53.93M | 49.38M | 44.68M | 41.95M | 49.13M | 35.94M | 30.99M | 30.90M | 30.58M | 28.03M | 25.29M | 21.42M | 20.27M | 17.72M | 17.09M | 14.32M | 13.08M | 12.77M | 12.48M |
NXT Energy Solutions to Present at the Sidoti August Micro-Cap Virtual Conference
CALGARY, Alberta, Aug. 10, 2022 (GLOBE NEWSWIRE) -- NXT Energy Solutions Inc. (“NXT” or the "Company") (TSX:SFD; OTCQB:NSFDF) today announced that it will be presenting at the Sidoti August Micro-Cap Virtual Conference on Wednesday, August 17, 2022 at 12:15 pm...
NXT Energy Solutions Announces Release Date for Its Second Quarter 2022 Results and Conference Call
CALGARY, Alberta, Aug. 08, 2022 (GLOBE NEWSWIRE) -- NXT Energy Solutions Inc. (“NXT” or the "Company") (TSX:SFD; OTC QB:NSFDF) announces it will release its second quarter 2022 financial and operating results for the quarter ended June 30, 2022, on Thursday,...
NXT Energy Solutions' (NSFDF) CEO George Liszicasz on Q1 2022 Results - Earnings Call Transcript
NXT Energy Solutions Inc. (OTCQB:NSFDF) Q1 2022 Earnings Conference Call May 16, 2022 4:30 PM ET Company Participants George Liszicasz – President and Chief Executive Officer Eugene Woychyshyn – Vice President of Finance and Chief Financial Officer Conference Call Participants...
NXT Energy Solutions Announces Release Date for Its First Quarter 2022 Results and Conference Call
CALGARY, Alberta, May 10, 2022 (GLOBE NEWSWIRE) -- NXT Energy Solutions Inc. (“NXT” or the "Company") (TSX:SFD; OTC QB:NSFDF) announces it will release its first quarter 2022 financial and operating results for the quarter ended March 31, 2022, on Thursday,...
NXT Energy Solutions Inc. (NSFDF) CEO George Liszicasz on Q4 2021 Results - Earnings Call Transcript
NXT Energy Solutions Inc. (NSFDF) CEO George Liszicasz on Q4 2021 Results - Earnings Call Transcript
NXT Energy Solutions Announces Revised Release Date for Its 2021 Year-end Results and Conference Call
CALGARY, Alberta, March 22, 2022 (GLOBE NEWSWIRE) -- NXT Energy Solutions Inc. (“NXT” or the "Company") (TSX:SFD; OTC QB:NSFDF) announces it will release its 2021 financial and operating results for the year ended December 31, 2021, on Tuesday, March 29,...
NXT Energy Solutions Announces Release Date for Its 2021 Year-End Results and Conference Call
CALGARY, Alberta, March 17, 2022 (GLOBE NEWSWIRE) -- NXT Energy Solutions Inc. (“NXT” or the "Company") (TSX:SFD; OTC QB:NSFDF) announces it will release its 2021 financial and operating results for the year ended December 31, 2021, on Wednesday, March 23,...
NXT Energy Solutions Inc. (NSFDF) CEO George Liszicasz on Q3 2021 Results - Earnings Call Transcript
NXT Energy Solutions Inc. (NSFDF) CEO George Liszicasz on Q3 2021 Results - Earnings Call Transcript
NXT Energy Solutions Announces Release Date for its Third Quarter 2021 Results and Conference Call
CALGARY, Alberta, Nov. 08, 2021 (GLOBE NEWSWIRE) -- NXT Energy Solutions Inc. (“NXT” or the "Company") (TSX:SFD; OTC QB:NSFDF) announces it will release its third quarter 2021 financial and operating results for the quarter ended September 30, 2021, on Monday,...
NXT Energy Solutions Provides Operational Update
CALGARY, Alberta, Sept. 16, 2021 (GLOBE NEWSWIRE) -- NXT Energy Solutions Inc. ("NXT" or the "Company") (TSX: SFD; OTC QB: NSFDF) today announced an update on the Company's recent research and development programs.
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