NXT Energy Solutions's earnings have been declining at an average annual rate of -29.8%, while the Energy Services industry saw earnings growing at 52.7% annually. Revenues have been declining at an average rate of 47.5% per year.
Key information
-29.8%
Earnings growth rate
-26.5%
EPS growth rate
Energy Services Industry Growth
23.7%
Revenue growth rate
-47.5%
Return on equity
-276.0%
Net Margin
-243.9%
Last Earnings Update
30 Sep 2024
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How NXT Energy Solutions makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
OTCPK:NSFD.F Revenue, expenses and earnings (CAD Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
30 Sep 24
3
-7
4
0
30 Jun 24
3
-7
4
0
31 Mar 24
3
-6
4
0
31 Dec 23
2
-5
3
0
30 Sep 23
0
-6
3
0
30 Jun 23
0
-6
4
0
31 Mar 23
0
-7
4
0
31 Dec 22
0
-7
4
0
30 Sep 22
0
-7
4
0
30 Jun 22
0
-7
4
0
31 Mar 22
3
-3
4
0
31 Dec 21
3
-3
4
0
30 Sep 21
3
-3
3
0
30 Jun 21
3
-3
4
0
31 Mar 21
0
-6
4
0
31 Dec 20
0
-6
4
0
30 Sep 20
0
-6
3
0
30 Jun 20
1
-5
4
0
31 Mar 20
12
4
4
0
31 Dec 19
12
4
4
0
30 Sep 19
12
4
3
0
30 Jun 19
11
3
4
0
31 Mar 19
0
-7
4
0
31 Dec 18
0
-7
4
0
30 Sep 18
0
-8
5
0
30 Jun 18
0
-8
5
0
31 Mar 18
0
-9
5
0
31 Dec 17
0
-9
6
0
30 Sep 17
0
-9
6
0
30 Jun 17
0
-9
6
0
31 Mar 17
0
-9
7
0
31 Dec 16
1
-9
6
0
30 Sep 16
19
9
7
0
30 Jun 16
19
9
7
0
31 Mar 16
19
10
6
0
31 Dec 15
17
11
6
0
30 Sep 15
0
-7
5
0
30 Jun 15
0
-6
5
0
31 Mar 15
0
-6
5
0
31 Dec 14
4
-2
5
0
30 Sep 14
4
-2
5
0
30 Jun 14
4
-3
5
0
31 Mar 14
4
-3
5
0
31 Dec 13
3
-5
5
0
Quality Earnings: NSFD.F is currently unprofitable.
Growing Profit Margin: NSFD.F is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NSFD.F is unprofitable, and losses have increased over the past 5 years at a rate of 29.8% per year.
Accelerating Growth: Unable to compare NSFD.F's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NSFD.F is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (8.9%).
Return on Equity
High ROE: NSFD.F has a negative Return on Equity (-275.96%), as it is currently unprofitable.