Northern Technologies International Corporation (NTIC) Q4 2024 Earnings Call Transcript Summary
Northern Technologies International Corporation (NTIC) Q4 2024 Earnings Call Transcript Summary
Net income for fiscal 2024 fourth quarter was $1.8 million, up from $939,000 in the fiscal 2023 fourth quarter. Non-GAAP adjusted net income for fiscal 2024 was $5.8 million.The following is a summary of the Northern Technologies International Corporation (NTIC) Q4 2024 Earnings Call Transcript:
以下是北方科技國際公司（NTIC）2024年第四季度業績會議記錄摘要：
Financial Performance:
財務表現：
NTIC reported a strong fiscal 2024 with robust sales growth, particularly in the ZERUST Oil and Gas and Natur-Tec businesses.
Gross profit increased by nearly $6 million or 21.5% year-over-year due to higher sales of ZERUST Oil and Gas and Natur-Tec products and gross profit margin expanded to 43.8% in Q4 from 36.5% in the prior year.
Net income for fiscal 2024 fourth quarter was $1.8 million, up from $939,000 in the fiscal 2023 fourth quarter. Non-GAAP adjusted net income for fiscal 2024 was $5.8 million.
NTIC報告稱，在2024財年，ZERUSt石油和天然-Tec業務銷售強勁增長，尤其突出。
毛利潤在去年同比增長近600萬美元，增長率達21.5％，主要是由於ZERUSt石油和天然-Tec產品銷售增加，第四季度毛利潤率從上一年的36.5％增至43.8％。
2024財年第四季度淨利潤爲180萬美元，較2023財年第四季度的93.9萬美元增長。2024財年非GAAP調整後的淨利潤爲580萬美元。
Business Progress:
業務進展：
NTIC is focused on strategic investments to support growth, including consolidating Natur-Tec warehouses in India and adding a new facility in Brazil.
The company is optimistic about demand improvement in China and has made investments to enhance operations and profitability in the region.
NTIC專注於戰略投資以支持增長，包括在印度 conslidating Natur-Tec 倉庫，並在巴西增設新設施。
公司對中國需求改善持樂觀態度，並已進行投資以增強該地區的運營和盈利能力。
Opportunities:
機會：
NTIC sees significant growth potential in the ZERUST Oil and Gas sector, particularly through new customer acquisitions and geographic expansion.
The demand for Natur-Tec bioplastics is strong, driven by new customer wins and expanding relationships.
北方科技國際在ZERUSt石油和燃料幣業務領域看到了巨大的增長潛力，特別是通過新客戶的獲取和地域擴張。
Natur-Tec生物塑料的需求強勁，得益於新客戶的贏得和擴大關係。
Risks:
風險：
Joint venture operating income saw a reduction due to challenging market conditions in Europe and higher energy prices impacting sales and profitability.
由於歐洲市場條件的挑戰和更高的能源價格影響銷售和盈利能力，聯合創業公司經營收入出現下降。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
