NSFDF
NXT Energy Solutions Inc.
Price Chart
Latest Quote
$0.32
| Previous Close | $0.32 |
| Open | $0.29 |
| Day High | $0.29 |
| Day Low | $0.29 |
| Volume | 2,500 |
Stock Information
| 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 |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $38.54M |
| Sales | $2.82M |
| Income | $-8.77M |
| Book/sh | $0.08 |
| Cash/sh | $0.02 |
| Employees | 12 |
Financial Ratios
| Quick Ratio | 2.16 |
| Current Ratio | 2.34 |
| Debt/Eq | 15.21 |
Returns & Margins
| ROA | -21.60% |
| ROE | -120.41% |
| Gross Margin | 3.94% |
| Operating Margin | -2315.44% |
Ownership
| Insider Ownership | 39.52% |
| Institutional Ownership | 31.44% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| P/S | 9.57 |
| P/B | 4.16 |
Analyst Data
| Recommendation | none |
Technical Indicators
| SMA20 | $0.29 |
| SMA50 | $0.29 |
| SMA200 | $0.29 |
| RSI | 57.89 |
| ATR | 0.0150 |
| Shares Float | 51.76M |
| Volatility | 1.31 |
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% |
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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.
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 |
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 |
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 |