Northann Corp. (NCL)
NYSEAMERICAN: NCL · Real-Time Price · USD
0.382
-0.028 (-6.87%)
Dec 5, 2025, 4:00 PM EST - Market closed
Northann Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
| Revenue | 13 | 15.35 | 13.97 | 20.96 | 34.53 | 13.09 |
| Revenue Growth (YoY) | -16.56% | 9.86% | -33.34% | -39.30% | 163.67% | - |
| Cost of Revenue | 15.05 | 11.37 | 12.74 | 15.2 | 28.69 | 8.57 |
| Gross Profit | -2.06 | 3.98 | 1.23 | 5.75 | 5.83 | 4.52 |
| Selling, General & Admin | 12.25 | 4.79 | 3.99 | 2.12 | 2.24 | 2 |
| Research & Development | 0.52 | 0.78 | 1.9 | 1.47 | 2.33 | 1.87 |
| Other Operating Expenses | 0.08 | 0.08 | 0.08 | 0.09 | 0.11 | 0.1 |
| Operating Expenses | 12.85 | 5.65 | 5.98 | 3.68 | 4.69 | 3.97 |
| Operating Income | -14.91 | -1.67 | -4.75 | 2.08 | 1.15 | 0.55 |
| Interest Expense | -0.24 | -0.47 | -2.36 | -0.68 | -0.01 | -0 |
| Interest & Investment Income | 0 | 0 | - | - | - | - |
| Currency Exchange Gain (Loss) | - | - | - | - | -0.31 | -0.27 |
| Other Non Operating Income (Expenses) | 0.28 | 0.27 | -0.01 | -0.34 | 0.05 | 0.12 |
| EBT Excluding Unusual Items | -14.87 | -1.87 | -7.12 | 1.06 | 0.88 | 0.4 |
| Impairment of Goodwill | -2.51 | -2.51 | - | - | - | - |
| Pretax Income | -17.63 | -4.38 | -7.12 | 1.06 | 0.88 | 0.4 |
| Income Tax Expense | -0 | 0 | 0.01 | 0.13 | 0.56 | -0.04 |
| Net Income | -17.63 | -4.38 | -7.13 | 0.93 | 0.32 | 0.44 |
| Net Income to Common | -17.63 | -4.38 | -7.13 | 0.93 | 0.32 | 0.44 |
| Net Income Growth | - | - | - | 187.92% | -27.34% | - |
| Shares Outstanding (Basic) | 10 | 3 | 3 | 3 | 3 | 3 |
| Shares Outstanding (Diluted) | 10 | 3 | 3 | 3 | 3 | 3 |
| Shares Change (YoY) | 247.20% | 29.54% | -0.46% | 1.86% | - | - |
| EPS (Basic) | -1.81 | -1.33 | -2.81 | 0.37 | 0.13 | 0.18 |
| EPS (Diluted) | -1.82 | -1.36 | -2.81 | 0.37 | 0.13 | 0.16 |
| EPS Growth | - | - | - | 187.92% | -19.33% | - |
| Free Cash Flow | -6.39 | -1.53 | -4.68 | -3.92 | 3.29 | -1.5 |
| Free Cash Flow Per Share | -0.66 | -0.47 | -1.85 | -1.54 | 1.31 | -0.60 |
| Gross Margin | -15.83% | 25.93% | 8.78% | 27.46% | 16.89% | 34.52% |
| Operating Margin | -114.73% | -10.90% | -34.00% | 9.91% | 3.32% | 4.20% |
| Profit Margin | -135.65% | -28.53% | -51.05% | 4.43% | 0.94% | 3.39% |
| Free Cash Flow Margin | -49.17% | -9.97% | -33.49% | -18.69% | 9.52% | -11.42% |
| EBITDA | -14.27 | -1.03 | -4.07 | 2.68 | 1.96 | 1.41 |
| EBITDA Margin | -109.82% | -6.70% | -29.13% | 12.77% | 5.68% | 10.79% |
| D&A For EBITDA | 0.64 | 0.65 | 0.68 | 0.6 | 0.82 | 0.86 |
| EBIT | -14.91 | -1.67 | -4.75 | 2.08 | 1.15 | 0.55 |
| EBIT Margin | -114.73% | -10.90% | -34.00% | 9.91% | 3.32% | 4.20% |
| Effective Tax Rate | - | - | - | 12.02% | 63.30% | - |
| Advertising Expenses | - | 0.27 | 0.27 | 0.12 | 0.02 | 0.08 |
Source: S&P Capital IQ. Standard template. Financial Sources.