The earnings call reflected both positive developments, such as revenue generation from the Turkish SFD Survey and strategic alliances, as well as challenges including ongoing net losses, negative working capital, and lower than expected margins. Improvements in G&A expenses and working capital suggest cost management is improving, but there are concerns regarding the company's public image and ability to capture growth opportunities. The sentiment leans towards balanced given the mix of progress and challenges.

Company Guidance -

Q2 2025

During the NXT Energy Solutions Q4 2023 earnings call, the company provided several key financial metrics and forward-looking statements. Revenue from the Turkish SFD survey was approximately $2.15 million for work completed by December 31, 2023, while cash stood at $0.4 million and net working capital was a negative $1.86 million, improving from a negative $3.47 million in the previous quarter. NXT recorded a net loss of approximately $0.43 million, or $0.01 per share, with 78 million weighted average common shares outstanding, a slight improvement from the previous year's loss of $1.47 million. General and administrative expenses decreased by 5% in the quarter compared to 2022. The company also highlighted its strategic initiatives for 2024, including a focus on diversifying its client base and geographic reach, improving cost efficiency, and enhancing shareholder value through increased revenues.

Turkish SFD Survey Revenue

Recorded SFD-related revenues of approximately $2.15 million for work completed up to December 31, 2023.

Improvement in Net Working Capital

Net working capital improved to negative $1.86 million from approximately negative $3.47 million at September 30, 2023.

Strategic Partnership and Awards

Announced a strategic alliance with Synergy E&P Technologies Ltd. and was a finalist for Best Exploration Technology at the World Oil 2023 Gulf Energy Excellence Awards.

Reduced G&A Expenses

G&A expenses decreased by $316,000 or 8% in 2023 compared to 2022 due to reductions in salaries, professional fees, and business development costs.

NXT Energy Solutn (TSE:SFD) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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TSE:SFD Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 08, 2025	2025 (Q2)	- / -	-0.038	―	―	―
May 08, 2025	2025 (Q1)	- / 0.08	-0.023	434.78% (+0.10)	―	―
Mar 28, 2025	2024 (Q4)	- / -0.04	-0.006	-500.00% (-0.03)	―	―
Nov 07, 2024	2024 (Q3)	- / -0.02	-0.022	13.64% (<+0.01)	―	―
Aug 14, 2024	2024 (Q2)	- / -0.04	-0.022	-72.73% (-0.02)	―	―
May 14, 2024	2024 (Q1)	- / -0.02	-0.025	8.00% (<+0.01)	―	―
Mar 27, 2024	2023 (Q4)	- / >-0.01	-0.021	71.43% (+0.02)	―	―
Nov 14, 2023	2023 (Q3)	- / -0.02	-0.025	12.00% (<+0.01)	―	―
Aug 11, 2023	2023 (Q2)	- / -0.02	-0.027	18.52% (<+0.01)	―	―
May 16, 2023	2023 (Q1)	- / -	-0.028	―	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

TSE:SFD Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 08, 2025	C$0.31	C$0.33	+6.45%
Mar 28, 2025	C$0.24	C$0.26	+8.33%
Nov 07, 2024	C$0.20	C$0.18	-10.00%
Aug 14, 2024	C$0.20	C$0.22	+10.00%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does NXT Energy Solutn J (TSE:SFD) report earnings?

NXT Energy Solutn J (TSE:SFD) is schdueled to report earning on Aug 08, 2025, Before Open (Confirmed).

What is NXT Energy Solutn J (TSE:SFD) earnings time?

NXT Energy Solutn J (TSE:SFD) earnings time is at Aug 08, 2025, Before Open (Confirmed).

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