TTENK/calls
The BriefMarketsAll StocksNewsScreenerFeedback

Get the Brief in your inbox

A daily, SEC-grounded read on the market — movers, earnings, and our boldest calls. Free.

TTENK/calls

SEC-grounded equity research — opinionated calls reasoned over real filings.

Research

  • The Brief
  • Markets
  • All Stocks
  • Screener
  • Discover
  • Research
  • The Flip Side
  • Track record

Tools

  • Compare
  • Congress trades
  • Events
  • Filing search
  • Options calculator
  • Leaderboards
  • Insider trades
  • 13F funds
  • Groups
  • Trending
  • News

More

  • Pricing
  • Feedback
  • Newsletter
  • Developers / API
  • Account
DisclosuresTermsPrivacy

Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

EDGAR® is a registered trademark of the U.S. Securities and Exchange Commission. TENK/calls is an independent service and is not affiliated with, endorsed by, or approved by the U.S. Securities and Exchange Commission.

TTENK/calls
The BriefMarketsAll StocksNewsScreenerFeedback

Pulling SEC filings + quote and writing the call…

TTENK/calls
The BriefMarketsAll StocksNewsScreenerFeedback
Home›NCL›Financials
Annual statements · SEC XBRL · FY2022 – FY2024

Northann Corp. (NCL) financials

Income statement

Northann Corp. (NCL) income statement, annual, from SEC filings
Fiscal yearFY2022FY2023FY2024
Revenue$21.0M$14.0M$15.3M
Revenue growth—-33.3%9.9%
Gross profit$5.75M$1.21M$3.98M
Gross margin27.5%8.7%25.9%
Operating income$2.08M-$4.76M-$1.67M
Operating margin9.9%-34.1%-10.9%
Net income$929K-$7.13M-$4.38M
Net margin4.4%-51.1%-28.5%
EPS (diluted)$0.05-$0.35-$0.17

Cash flow

Northann Corp. (NCL) cash flow, annual, from SEC filings
Fiscal yearFY2022FY2023FY2024
Operating cash flow-$3.43M-$4.68M-$1.23M

Balance sheet

Northann Corp. (NCL) balance sheet, annual, from SEC filings
Fiscal yearFY2022FY2023FY2024
Cash & equivalents$255K$1.11M$245K
Total assets$14.4M$13.6M$13.9M
Total liabilities$12.4M$13.0M$11.3M
Shareholders' equity$1.97M$583K$2.60M
Retained earnings$1.82M-$5.31M-$9.69M
Shares (wtd avg diluted)20.4M20.3M26.3M

Every figure is extracted from Northann Corp.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Northann Corp.'s annual revenue?
Northann Corp. (NCL) reported $15.3M of revenue for fiscal year 2024 — up 9.9% from $14.0M in FY2023, per its annual report filed with the SEC.
Is Northann Corp. profitable?
Not in FY2024 — NCL reported a net loss of $4.38M, per SEC filings.
Does NCL pay a dividend?
Northann Corp. reported no cash dividends paid in FY2024, per its SEC cash-flow statement.
Full NCL analysis — verdict, score & filings →Is NCL a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.