Company profile

Ticker
NTIC
Exchange
Website
CEO
Gregory Patrick Lynch
Employees
Incorporated
Location
Fiscal year end
SEC CIK
IRS number
410857886

NTIC stock data

(
)

Calendar

8 Jan 21
22 Jan 21
31 Aug 21

News

Quarter (USD) Nov 20 May 20 Feb 20 Nov 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Aug 20 Aug 19 Aug 18 Aug 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
1 Sep 20 Koh Soo Keong Stock Option Common Stock Grant Aquire A No 8.24 16,026 132.05K 16,026
1 Sep 20 Falkenhausen Konstantin von Stock Option Common Stock Grant Aquire A No 8.24 16,026 132.05K 16,026
1 Sep 20 Ramani Narayan Stock Option Common Stock Grant Aquire A No 8.24 16,026 132.05K 16,026
1 Sep 20 Calderon Nancy E. Stock Option Common Stock Grant Aquire A No 8.24 16,026 132.05K 16,026
1 Sep 20 Sarah E. Kemp Stock Option Common Stock Grant Aquire A No 8.24 16,026 132.05K 16,026
35.6% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 33 34 -2.9%
Opened positions 2 3 -33.3%
Closed positions 3 6 -50.0%
Increased positions 5 11 -54.5%
Reduced positions 12 6 +100.0%
13F shares
Current Prev Q Change
Total value 127.95M 124.9M +2.4%
Total shares 3.24M 3.48M -7.0%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
Punch & Associates Investment Management 377.02K $3.13M +4.4%
Dimensional Fund Advisors 360.93K $3M -1.7%
22NW 342.86K $2.85M +6.9%
Vanguard 342.16K $2.84M 0.0%
Rutabaga Capital Management 341.93K $2.84M 0.0%
Perritt Capital Management 324.24K $2.69M -6.8%
Ballast Advisors 271K $2.25M 0.0%
Acuitas Investments 199.16K $1.65M -1.1%
Renaissance Technologies 134.18K $1.11M +0.5%
Cove Street Capital 102.52K $851K -24.3%
Largest transactions
Shares Bought/sold Change
Quantum Capital Management 0 -171.4K EXIT
Westwood Management 41.54K -40K -49.1%
Cove Street Capital 102.52K -32.88K -24.3%
Perritt Capital Management 324.24K -23.48K -6.8%
22NW 342.86K +22.22K +6.9%
White Pine Capital 45.45K +20.5K +82.1%
Punch & Associates Investment Management 377.02K +15.8K +4.4%
Creative Planning 0 -13.05K EXIT
NTRS Northern Trust 11.85K +11.85K NEW
RY Royal Bank Of Canada 0 -10.07K EXIT

Financial report summary

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Management Discussion
  • Net Sales. NTIC’s consolidated net sales decreased 14.5% to $47,638,691 during fiscal 2020 compared to $55,750,137 during fiscal 2019. NTIC’s consolidated net sales to unaffiliated customers excluding NTIC’s joint ventures decreased 14.1% to $45,666,045 during fiscal 2020 compared to $53,142,583 during fiscal 2019. Net sales to joint ventures decreased 24.3% to $1,972,646 in fiscal 2020 compared to fiscal 2019. These decreases were primarily a result of reduced demand globally as a result of the COVID-19 pandemic. NTIC anticipates that the COVID-19 pandemic will continue to significantly adversely affect sales of ZERUST® products and services during fiscal 2021.
  • During fiscal 2020, 72.4% of NTIC’s consolidated net sales were derived from sales of ZERUST® products and services, which decreased 9.7% to $34,474,535 compared to $38,174,712 during fiscal 2019. NTIC has strategically focused its sales efforts for ZERUST® products and services on customers with sizeable corrosion problems in industry sectors that offer sizable growth opportunities, including the oil and gas sector. Overall, demand for ZERUST® products and services depends heavily on the overall health of the market segments to which NTIC sells its products, including the automotive, oil and gas, agriculture, and mining markets in particular. This decrease was primarily a result of reduced demand globally as a result of the COVID-19 pandemic. NTIC anticipates that the COVID-19 pandemic will continue to significantly adversely affect sales of ZERUST® products and services during fiscal 2021.
  • NTIC’s total ZERUST® net sales decreased during fiscal 2020 compared to fiscal 2019 primarily due to overall decreased demand for ZERUST® industrial products and services in North America, partially offset by increased demand for ZERUST® oil and gas products and services. NTIC’s sales of ZERUST® industrial products and services for fiscal 2020 were adversely affected by reduced demand globally as a result of the COVID-19 pandemic.
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