NXT Energy Solutn J (TSE:SFD)
TSX:SFD
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NXT Energy Solutn
(TSX:SFD)
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Rating:44Neutral
Price Target:
C$0.30
▼(-16.39% Downside)
Action:ReiteratedDate:01/09/26
The score is held back primarily by ongoing net losses and persistent negative operating/free cash flow despite improved revenue and operating margins. Technicals also remain weak with the stock trading below key moving averages and negative MACD. Valuation offers limited support because earnings are negative and no dividend yield is available.
Positive Factors
Proprietary SFD technology
Ownership of a proprietary, non-invasive SFD® exploration technology creates a durable competitive advantage. It supports recurring project revenue, reduces client exploration costs, and can be licensed or deployed internationally, helping sustain differentiated demand across cycles.
Negative Factors
Persistent negative operating and free cash flow
Ongoing negative operating and free cash flow across multiple periods is a durable constraint: the business is not yet self-funding, increasing reliance on external financing. This elevates execution and dilution risk if positive cash generation isn’t achieved within months.
Read all positive and negative factors
Positive Factors
Negative Factors
Proprietary SFD technology
Ownership of a proprietary, non-invasive SFD® exploration technology creates a durable competitive advantage. It supports recurring project revenue, reduces client exploration costs, and can be licensed or deployed internationally, helping sustain differentiated demand across cycles.
Read all positive factors
NXT Energy Solutn (SFD) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$41.97M
Dividend YieldN/A
Average Volume (3M)10.01K
Price to Earnings (P/E)―
Beta (1Y)0.97
Revenue Growth418.77%
EPS Growth56.71%
CountryCA
Employees11
SectorEnergy
Sector Strength52
IndustryOil & Gas Equipment & Services
Share Statistics
EPS (TTM)-0.02
Shares Outstanding118,887,535
10 Day Avg. Volume4,458
30 Day Avg. Volume10,008
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)-44.64
Price to Sales (P/S)18.20
P/FCF Ratio-2.93
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
NXT Energy Solutn Business Overview & Revenue Model
Company Description
NXT Energy Solutions Inc., a technology company, provides services to the oil and gas industry through its proprietary stress field detection (SFD) technology worldwide. Its SFD technology, a remote sensing airborne survey system utilizes quantum-...
How the Company Makes Money
NXT Energy Solutions generates revenue primarily through the provision of its SFD® technology and related services to energy companies engaged in oil and gas exploration. The company earns fees for conducting surveys and analyses that help clients...
NXT Energy Solutn Earnings Call Summary
Earnings Call Date:Mar 27, 2024
(Q4-2023)
| % Change Since: |
Next Earnings Date:Mar 27, 2026
Earnings Call Sentiment Neutral
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.Positive Updates
Turkish SFD Survey Revenue
Recorded SFD-related revenues of approximately $2.15 million for work completed up to December 31, 2023.
Negative Updates
Negative Working Capital
Ended the quarter with negative working capital of $1.86 million despite improvement from previous quarter.
Read all updates
Q4-2023 Updates
Positive
Negative
Turkish SFD Survey Revenue
Recorded SFD-related revenues of approximately $2.15 million for work completed up to December 31, 2023.
Read all positive updates
Company Guidance
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.NXT Energy Solutn Financial Statement Overview
Summary
Income Statement
46
Neutral
Balance Sheet
54
Neutral
Cash Flow
28
Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Mar 2023 | Mar 2022 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 14.25M | 644.29K | 2.15M | 0.00 | 3.13M | 136.57K |
| Gross Profit | 7.34M | -3.26M | -1.86M | -1.77M | 133.60K | -2.74M |
| EBITDA | 4.24M | -6.44M | -3.53M | -4.93M | -1.31M | -4.25M |
| Net Income | -3.88M | -9.08M | -5.45M | -6.77M | -3.12M | -6.03M |
Balance Sheet | ||||||
| Total Assets | 18.06M | 14.03M | 15.18M | 15.58M | 21.58M | 24.01M |
| Cash, Cash Equivalents and Short-Term Investments | 946.38K | 730.39K | 401.71K | 263.44K | 2.81M | 3.03M |
| Total Debt | 3.58M | 12.19M | 4.78M | 2.18M | 2.90M | 2.09M |
| Total Liabilities | 5.56M | 14.29M | 6.64M | 3.48M | 3.43M | 3.26M |
| Stockholders Equity | 12.50M | -262.66K | 8.55M | 12.09M | 18.16M | 20.75M |
Cash Flow | ||||||
| Free Cash Flow | -752.18K | -4.00M | -4.86M | -2.93M | -1.10M | -3.45M |
| Operating Cash Flow | -662.74K | -3.98M | -4.83M | -2.93M | -1.03M | -3.45M |
| Investing Cash Flow | -21.03K | -27.03K | -32.32K | 550.00K | -274.05K | 3.44M |
| Financing Cash Flow | 740.16K | 4.31M | 5.01M | 389.22K | 875.43K | -173.62K |
NXT Energy Solutn Technical Analysis
Positive
0.36
Price Trends
0.34
Positive
0.34
Positive
0.49
Negative
Market Momentum
>-0.01
Positive
55.27
Neutral
68.18
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SFD, the sentiment is Positive. The current price of 0.36 is above the 20-day moving average (MA) of 0.36, above the 50-day MA of 0.34, and below the 200-day MA of 0.49, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 55.27 is Neutral, neither overbought nor oversold. The STOCH value of 68.18 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:SFD.
NXT Energy Solutn Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
85 Outperform | C$217.57M | 7.23 | 110.53% | 14.94% | 44.44% | 110.60% | |
71 Outperform | C$649.17M | 12.37 | 3.06% | ― | -8.13% | -28.00% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
60 Neutral | C$89.92M | 31.76 | 4.18% | ― | -7.13% | -60.41% | |
54 Neutral | C$3.05B | 26.86 | 14.09% | 0.43% | 50.38% | 25.63% | |
49 Neutral | C$10.79M | 2.90 | -0.93% | ― | -75.46% | -100.66% | |
44 Neutral | C$41.97M | -7.96 | -45.78% | ― | 418.77% | 56.71% |
* Energy Sector Average
TSE:SFD
NXT Energy Solutn
0.37
0.14
57.45%
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6.35
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70.52%
TSE:E
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1.12
-0.25
-18.25%
TSE:PSD
Pulse Seismic
3.86
1.58
69.22%
TSE:TVK
TerraVest
138.98
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-3.94%
TSE:HWO
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0.85
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-21.30%
NXT Energy Solutn Corporate Events
Business Operations and StrategyM&A Transactions
NXT Energy Solutions Secures Full Ownership of SFD Technology, Expanding Future Applications
Positive
Dec 23, 2025
NXT Energy Solutions has acquired all remaining rights to its proprietary SFD technology from the heir of company founder and former CEO George Liszicasz, giving the firm full ownership of the system across all current and future applications. Pre...
Business Operations and StrategyPrivate Placements and Financing
MCAPM Increases Stake in NXT Energy Solutions with New Share Acquisition
Positive
Nov 25, 2025
MCAPM, LP has increased its stake in NXT Energy Solutions Inc. by acquiring 7,050,500 common shares through a non-brokered private placement, raising its ownership to approximately 32.30% of the company. This acquisition, valued at CAD$2,820,200, ...
Business Operations and StrategyExecutive/Board ChangesPrivate Placements and Financing
NXT Energy Secures $2M Investment to Expand SFD® Technology in Canada
Positive
Nov 25, 2025
NXT Energy Solutions Inc. has secured a US$2 million strategic investment from Mork Capital to advance its SFD® technology in Western Canada. This investment enhances the company’s financial flexibility, enabling broader application of ...
Business Operations and StrategyFinancial Disclosures
NXT Energy Solutions Reports Strong Revenue Growth in 2025
Positive
Nov 13, 2025
NXT Energy Solutions reported a significant increase in revenue for the first nine months of 2025, reaching $14.21 million compared to $0.60 million in 2024, driven by successful projects in Africa and Southeast Asia. Despite a net loss of $1.08 m...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.