NCL
Northann Corp.
Next earnings Jul 16, 2026
$0.16
▲ 0.00%$0.16▼ -98.58%
over 1Y
L $0.14EODHDH $12.93
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+0.0%
1W+0.0%
1M-3.6%
3M+14.4%
YTD-47.0%
1Y-98.6%
Avoid
Conviction
Horizon
Medium (3–12mo)
Revenue grew 9.9% YoY; but unprofitable (net margin -28.5%).
Northann Corp. shows $15.3M in FY2024 revenue (+9.9% YoY), a -28.5% net margin, and -168.5% ROE.
Financials · annual, by fiscal year
| Line item | FY22 | FY23 | FY24 |
|---|---|---|---|
| Revenue | $21.0M | $14.0M | $15.3M |
| Gross profit | $5.75M | $1.21M | $3.98M |
| Operating income | $2.08M | -$4.76M | -$1.67M |
| Net income | $929K | -$7.13M | -$4.38M |
| Diluted EPS | $0.05 | -$0.35 | -$0.17 |
| Net margin | 4.4% | -51.1% | -28.5% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value$7.85M
EV / EBITDA—
EV / Sales0.5
EV / FCF—
P / FCF—
PEG (trailing)—
Earnings yield-128.8%
FCF yield—
Quality & risk
ROIC (est.)-18.1%
Free cash flow—
Total debt$4.70M
Net cash-$4.45M
Altman Z-Score-0.41 distress
Piotroski F-Score5/7
Capital returns
Buyback yield—
Dividend yield (est.)—
Shareholder yield—
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsRed flag in recent filings — late filing notice (2026-05-18). Worth a closer look.
Recent filings
all on EDGAR ↗8-KPeriod ending 2026-06-102026-06-15open ↗S-8Filing2026-05-29open ↗10-QPeriod ending 2026-03-312026-05-19open ↗NT 10-QPeriod ending 2026-03-312026-05-18open ↗10-KPeriod ending 2025-12-312026-04-14open ↗NT 10-KPeriod ending 2025-12-312026-03-31open ↗8-KPeriod ending 2026-02-242026-03-02open ↗424B3Filing2026-01-05open ↗8-KPeriod ending 2025-12-312026-01-02open ↗8-KPeriod ending 2026-01-022026-01-02open ↗424B3Filing2025-12-29open ↗8-KPeriod ending 2025-12-182025-12-23open ↗
Frequently asked
- Is Northann Corp. (NCL) a buy?
- NCL currently carries a Avoid rating with 3/5 conviction, derived from its latest SEC filings. Revenue grew 9.9% YoY; but unprofitable (net margin -28.5%).
- What is Northann Corp.'s quality score?
- NCL scores 57.62745098039216/100 (grade C) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0001923780, latest 10-Q filed 2026-05-19) · EODHD · as of 6/23/2026, 1:55:30 AM.
Research and education only — not financial advice. EDGAR is 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 EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.