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NSFDF

NXT Energy Solutions Inc.

Price Chart
Latest Quote

$0.32

+0.00 (+0.00%)
Current Price
Previous Close $0.32
Open $0.29
Day High $0.29
Day Low $0.29
Volume 2,500
Fetched: 2026-06-20T15:28:28
Stock Information
Note: Financial values converted from CAD to USD
Shares Outstanding 119.51M
Total Debt $1.40M
Cash Equivalents $1.43M
Revenue $2.82M
Net Income $-8.77M
Sector Energy
Industry Oil & Gas Equipment & Services
Market Cap $38.24M
EPS (TTM) $-0.10
Exchange OQB
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📊 Comprehensive Analysis
Company Data
Enterprise Value$38.54M
Sales$2.82M
Income$-8.77M
Book/sh$0.08
Cash/sh$0.02
Employees12
Financial Ratios
Quick Ratio2.16
Current Ratio2.34
Debt/Eq15.21
Returns & Margins
ROA-21.60%
ROE-120.41%
Gross Margin3.94%
Operating Margin-2315.44%
Ownership
Insider Ownership39.52%
Institutional Ownership31.44%
Insider & Institutional transactions data not available
Valuation Ratios
P/S9.57
P/B4.16
Analyst Data
Recommendationnone
Technical Indicators
SMA20$0.29
SMA50$0.29
SMA200$0.29
RSI57.89
ATR0.0150
Shares Float51.76M
Volatility1.31
Performance History
Week+18.52%
Month-3.03%
Quarter+28.00%
6 Months+28.00%
YTD+23.08%
Year-20.00%
3 Years+77.78%
5 Years-3.03%
10 Years-71.17%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
Date Close Volume
2026-06-18 $0.32 0
2026-06-17 $0.32 30,000
2026-06-16 $0.29 39,500
2026-06-15 $0.25 76,300
2026-06-12 $0.31 37,600
2026-06-11 $0.27 0
2026-06-10 $0.27 0
2026-06-09 $0.27 51,500
2026-06-08 $0.27 0
2026-06-05 $0.27 2,500
2026-06-04 $0.28 7,500
2026-06-03 $0.28 13,000
2026-06-02 $0.29 0
2026-06-01 $0.29 0
2026-05-29 $0.29 5,000
2026-05-28 $0.30 0
2026-05-27 $0.30 0
2026-05-26 $0.30 0
2026-05-22 $0.30 52,500
2026-05-21 $0.33 9,400
2026-05-20 $0.33 14,200
2026-05-19 $0.33 2,000
About NXT Energy Solutions Inc.

NXT Energy Solutions Inc. operates as a technology company in Canada and internationally. The company offers geophysical services to the upstream oil and gas industry using its gravity-based Stress Field Detection (SFD) remote-sensing survey system. Its SFD technology also provides information on areas conducive to fluid entrapment in the sedimentary column; surveys for seismic programs; prospect leads in large, underexplored areas for pre-seismic applications; seismic prospects based on reservoir potentials for post-seismic applications; and onshore and offshore exploration. 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.

Period:
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Income Statement (Annual)
Metric 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenue
Reconciled Cost Of Revenue $3,908,781 $4,008,599 $2,946,910 $3,000,652
Cost Of Revenue $3,908,781 $4,008,599 $2,946,910 $3,000,652
Total Revenue $644,294 $2,145,716 $0 $3,134,250
Operating Revenue $644,294 $2,145,716 $0 $3,134,250
Expenses
Interest Expense $750,611 $160,262 $36,220 $37,955
Total Expenses $7,954,559 $7,428,742 $6,683,341 $6,190,509
Other Income Expense $-1,016,919 $-7,824 $-13,515 $-29,585
Other Non Operating Income Expenses $-296,534 $-15,852 $-28,855 $-20,988
Net Non Operating Interest Income Expense $-750,611 $-160,262 $-36,220 $-37,955
Interest Expense Non Operating $750,611 $160,262 $36,220 $37,955
Operating Expense $4,045,778 $3,420,143 $3,736,431 $3,189,857
General And Administrative Expense $3,742,232 $3,328,908 $3,540,620 $3,142,064
Rent Expense Supplemental - - $404,777 $23,229
Total Other Finance Cost - - $36,220 $37,955
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $-9,077,795 $-5,451,112 $-6,733,076 $-3,123,799
Net Interest Income $-750,611 $-160,262 $-36,220 $-37,955
Normalized Income $-8,357,410 $-5,443,288 $-6,719,561 $-3,115,202
Net Income From Continuing And Discontinued Operation $-9,077,795 $-5,451,112 $-6,733,076 $-3,123,799
Net Income Common Stockholders $-9,077,795 $-5,451,112 $-6,733,076 $-3,123,799
Net Income $-9,077,795 $-5,451,112 $-6,733,076 $-3,123,799
Net Income Including Noncontrolling Interests $-9,077,795 $-5,451,112 $-6,733,076 $-3,123,799
Net Income Continuous Operations $-9,077,795 $-5,451,112 $-6,733,076 $-3,123,799
Pretax Income $-9,077,795 $-5,451,112 $-6,733,076 $-3,123,799
Special Income Charges $-146,279 $-15,852 $-28,855 $0
Operating Income $-7,310,265 $-5,283,026 $-6,683,341 $-3,056,259
Gross Profit $-3,264,487 $-1,862,883 $-2,946,910 $133,598
Per Share
Diluted EPS $-0.12 $-0.07 $-0.10 $-0.05
Basic EPS $-0.12 $-0.07 $-0.10 $-0.05
Other
Tax Effect Of Unusual Items $0 $0 $0 $0
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $-5,719,786 $-3,523,553 $-4,914,614 $-1,300,763
Total Unusual Items $-720,385 $-7,824 $-13,515 $-8,597
Total Unusual Items Excluding Goodwill $-720,385 $-7,824 $-13,515 $-8,597
Reconciled Depreciation $1,887,013 $1,759,473 $1,768,727 $1,776,484
EBITDA (Bullshit earnings) $-6,440,171 $-3,531,377 $-4,928,129 $-1,309,360
EBIT $-8,327,184 $-5,290,850 $-6,696,856 $-3,085,844
Diluted Average Shares $78,271,095 $77,646,094 $65,602,875 $65,103,839
Basic Average Shares $78,271,095 $77,646,094 $65,602,875 $65,103,839
Diluted NI Availto Com Stockholders $-9,077,795 $-5,451,112 $-6,733,076 $-3,123,799
Tax Provision $0 $0 $0 $0
Gain On Sale Of Ppe $-146,279 $-15,852 $-28,855 $0
Gain On Sale Of Security $-574,106 $8,028 $15,340 $-8,597
Research And Development $303,546 $91,235 $195,811 $47,793
Selling General And Administration $3,742,232 $3,328,908 $3,540,620 $3,142,064
Other Gand A $782,218 $822,019 $818,987 $647,943
Salaries And Wages $2,960,014 $2,506,889 $2,721,633 $2,494,121
Fetched: 2026-02-02
Balance Sheet (Annual)
Metric 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets
Net Tangible Assets $-10,034,145 $-2,924,586 $-1,075,932 $3,291,782
Total Assets $14,026,301 $15,184,760 $15,575,295 $21,584,371
Total Non Current Assets $12,915,249 $12,900,851 $15,218,636 $17,669,513
Non Current Prepaid Assets $2,401 $8,164 $0 -
Goodwill And Other Intangible Assets $9,771,481 $11,469,995 $13,168,509 $14,867,023
Other Intangible Assets $9,771,481 $11,469,995 $13,168,509 $14,867,023
Current Assets $1,111,052 $2,283,909 $356,659 $3,914,858
Prepaid Assets $274,799 $53,673 $36,157 $265,436
Receivables $105,858 $1,828,523 $57,065 $841,567
Receivables Adjustments Allowances $0 $0 $0 $0
Other Receivables $83,648 $89,829 $57,065 $35,107
Accounts Receivable $22,210 $1,738,694 $0 $806,460
Cash Cash Equivalents And Short Term Investments $730,395 $401,713 $263,437 $2,807,855
Cash And Cash Equivalents $730,395 $401,713 $263,437 $2,257,855
Debt
Net Debt $9,046,414 $3,667,239 $560,637 -
Total Debt $12,189,462 $4,775,580 $2,181,908 $2,902,604
Long Term Debt And Capital Lease Obligation $6,469,496 $2,478,390 $1,420,482 $2,304,853
Long Term Debt $4,861,561 $2,226,386 $824,074 $935,185
Current Debt And Capital Lease Obligation $5,719,966 $2,297,190 $761,426 $597,751
Current Debt $4,915,248 $1,842,566 - -
Other Current Borrowings $4,915,248 $1,842,566 - -
Liabilities
Total Liabilities Net Minority Interest $14,288,965 $6,639,351 $3,482,718 $3,425,566
Total Non Current Liabilities Net Minority Interest $6,494,257 $2,505,420 $1,445,056 $2,327,190
Current Liabilities $7,794,708 $4,133,931 $2,037,662 $1,098,376
Current Deferred Liabilities $840,768 $0 - $0
Payables And Accrued Expenses $1,233,974 $1,836,741 $1,276,236 $500,625
Interest Payable $109,029 $38,222 $0 -
Payables $190,378 $819,624 $119,960 $114,813
Accounts Payable $190,378 $819,624 $119,960 $103,346
Equity
Common Stock Equity $-262,664 $8,545,409 $12,092,577 $18,158,805
Total Equity Gross Minority Interest $-262,664 $8,545,409 $12,092,577 $18,158,805
Stockholders Equity $-262,664 $8,545,409 $12,092,577 $18,158,805
Retained Earnings $-108,264,496 $-99,186,701 $-93,735,589 $-87,002,513
Other
Ordinary Shares Number $78,495,184 $78,025,237 $68,949,109 $65,700,249
Share Issued $78,495,184 $78,025,237 $68,949,109 $65,700,249
Tangible Book Value $-10,034,145 $-2,924,586 $-1,075,932 $3,291,782
Invested Capital $9,514,145 $12,614,361 $12,916,651 $19,093,990
Working Capital $-6,683,656 $-1,850,022 $-1,681,003 $2,816,482
Capital Lease Obligations $2,301,542 $595,517 $1,246,723 $1,902,604
Total Capitalization $4,598,897 $10,771,795 $12,916,651 $19,093,990
Additional Paid In Capital $9,739,322 $9,552,839 $9,404,518 $9,381,966
Capital Stock $98,262,510 $98,179,271 $96,423,648 $95,779,352
Common Stock $98,262,510 $98,179,271 $96,423,648 $95,779,352
Long Term Capital Lease Obligation $1,607,935 $252,004 $596,408 $1,369,668
Long Term Provisions $24,761 $27,030 $24,574 $22,337
Current Deferred Revenue $840,768 $0 - $0
Current Capital Lease Obligation $693,607 $343,513 $650,315 $532,936
Current Accrued Expenses $1,043,596 $1,017,117 $1,156,276 $385,812
Net PPE $3,141,367 $1,422,692 $2,050,127 $2,802,490
Accumulated Depreciation $-6,063,857 $-6,184,456 $-5,529,535 $-4,896,708
Gross PPE $9,205,224 $7,607,148 $7,579,662 $7,699,198
Leases $523,507 $1,064,225 $1,064,225 $1,084,573
Construction In Progress $259,084 $241,753 $246,589 $234,475
Other Properties $958,778 $934,675 $902,353 $910,431
Machinery Furniture Equipment $5,139,161 $3,641,081 $3,641,081 $3,664,272
Buildings And Improvements $2,324,694 $1,725,414 $1,725,414 $1,805,447
Dueto Related Parties Current - $228,199 $162,500 $11,467
Other Short Term Investments - - $0 $550,000
Fetched: 2026-02-02
Cash Flow Statement (Annual)
Metric 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Free Cash Flow
Free Cash Flow $-3,996,620 $-4,864,272 $-2,934,004 $-1,098,483
Operating Activities
Operating Cash Flow $-3,969,591 $-4,831,950 $-2,934,004 $-1,033,173
Cash Flow From Continuing Operating Activities $-3,969,591 $-4,831,950 $-2,934,004 $-1,033,173
Operating Gains Losses $794,712 $-25,451 $25,877 $157
Investing Activities
Capital Expenditure $-27,029 $-32,322 - $-65,310
Investing Cash Flow $-27,029 $-32,322 $550,000 $-274,049
Cash Flow From Continuing Investing Activities $-27,029 $-32,322 $550,000 $-274,049
Financing Activities
Issuance Of Capital Stock $0 $1,626,427 $432,244 $0
Financing Cash Flow $4,305,807 $5,009,117 $389,217 $875,428
Cash Flow From Continuing Financing Activities $4,305,807 $5,009,117 $389,217 $875,428
Net Common Stock Issuance $0 $1,626,427 $432,244 $0
Common Stock Issuance $0 $1,626,427 $432,244 $0
Repurchase Of Capital Stock - - - $0
Net Other Financing Charges - - - $-42,697
Other
Repayment Of Debt $-470,817 $-111,111 $-92,765 $-151,134
Issuance Of Debt $4,735,004 $3,457,555 $0 $1,000,000
Interest Paid Supplemental Data $548,756 $120,952 $35,779 $14,284
Income Tax Paid Supplemental Data $0 $0 $0 $0
End Cash Position $730,395 $401,713 $263,437 $2,257,855
Beginning Cash Position $401,713 $263,437 $2,257,855 $2,690,146
Effect Of Exchange Rate Changes $19,495 $-6,569 $369 $-497
Changes In Cash $309,187 $144,845 $-1,994,787 $-431,794
Proceeds From Stock Option Exercised $41,620 $36,246 $49,738 $69,259
Net Issuance Payments Of Debt $4,264,187 $3,346,444 $-92,765 $848,866
Net Long Term Debt Issuance $4,264,187 $3,346,444 $-92,765 $848,866
Long Term Debt Payments $-470,817 $-111,111 $-92,765 $-151,134
Long Term Debt Issuance $4,735,004 $3,457,555 $0 $1,000,000
Net Investment Purchase And Sale $0 $0 $550,000 $-208,739
Sale Of Investment $0 $0 $550,000 -
Net PPE Purchase And Sale $-27,029 $-32,322 $0 $0
Purchase Of PPE $-27,029 $-32,322 $0 $0
Change In Working Capital $1,868,996 $-1,294,087 $1,755,107 $13,717
Change In Other Working Capital $805,656 - - $-127,507
Change In Payables And Accrued Expense $-438,199 $559,351 $741,326 $14,375
Change In Prepaid Assets $-221,126 $-17,516 $229,279 $3,262
Change In Receivables $1,722,665 $-1,835,922 $784,502 $123,587
Changes In Account Receivables $1,722,665 $-1,835,922 $784,502 $123,587
Other Non Cash Items $-7,785 $-62,044 $34,077 $12,368
Stock Based Compensation $268,734 $241,271 $215,284 $287,900
Unrealized Gain Loss On Investment Securities $296,534 $0 $0 -
Depreciation Amortization Depletion $1,887,013 $1,759,473 $1,768,727 $1,776,484
Depreciation And Amortization $1,887,013 $1,759,473 $1,768,727 $1,776,484
Amortization Cash Flow $1,887,013 $1,759,473 $1,768,727 $1,776,484
Amortization Of Intangibles $1,887,013 $1,759,473 $1,768,727 $1,776,484
Net Foreign Currency Exchange Gain Loss $659,257 $-25,451 $13,956 $157
Net Income From Continuing Operations $-9,077,795 $-5,451,112 $-6,733,076 $-3,123,799
Net Intangibles Purchase And Sale - $0 $0 $-65,310
Purchase Of Intangibles - $0 $0 $-65,310
Common Stock Payments - - - $0
Fetched: 2026-02-02