EdgarLookup

Norris Industries, Inc. — Financial Data

Annual figures from SEC EDGAR XBRL filings (10-K)

These figures are extracted directly from XBRL-tagged financial statements that Norris Industries, Inc. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.

Overview All Filings Annual Quarterly Insiders
-170.5%
Profit Margin
Net income ÷ revenue
-155.8%
Return on Assets
Net income ÷ assets
-1.09x
Debt-to-Equity
Total liabilities ÷ equity
-0.1%
Revenue Growth
Year over year

Revenue

Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.

Fiscal Year Period End Value Filed
FY2025 Feb 28, 2025 $329.3K May 28, 2025
FY2025 Feb 29, 2024 $329.6K May 28, 2025
FY2024 Feb 28, 2023 $526.4K May 28, 2024
FY2023 Feb 28, 2022 $452.3K May 26, 2023
FY2018 Feb 28, 2018 $131.9K Jun 27, 2018
FY2018 Feb 28, 2017 $149.4K Jun 27, 2018
FY2017 Feb 29, 2016 $172.9K Jun 1, 2017

Revenue

Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.

Fiscal Year Period End Value Filed
FY2025 Feb 28, 2025 $329.3K May 28, 2025
FY2025 Feb 29, 2024 $329.6K May 28, 2025
FY2024 Feb 28, 2023 $526.4K May 28, 2024
FY2023 Feb 28, 2022 $452.3K May 26, 2023
FY2022 Feb 28, 2021 $280.2K Jun 15, 2022
FY2021 Feb 29, 2020 $573.0K Jun 1, 2021
FY2020 Feb 28, 2019 $499.1K Jun 15, 2020
FY2019 Feb 28, 2018 $131.9K Jun 13, 2019

Net Income

The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.

Fiscal Year Period End Value Filed
FY2025 Feb 28, 2025 ($561.6K) May 28, 2025
FY2025 Feb 29, 2024 ($643.3K) May 28, 2025
FY2024 Feb 28, 2023 ($505.0K) May 28, 2024
FY2023 Feb 28, 2022 ($498.9K) May 26, 2023
FY2022 Feb 28, 2021 ($1.11M) Jun 15, 2022
FY2021 Feb 29, 2020 ($2.90M) Jun 1, 2021
FY2020 Feb 28, 2019 ($921.7K) Jun 15, 2020
FY2019 Feb 28, 2018 ($2.55M) Jun 13, 2019
FY2018 Feb 28, 2017 ($1.75M) Jun 27, 2018
FY2017 Feb 29, 2016 ($300.2K) Jun 1, 2017

Operating Income

Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.

Fiscal Year Period End Value Filed
FY2025 Feb 28, 2025 ($418.4K) May 28, 2025
FY2025 Feb 29, 2024 ($516.4K) May 28, 2025
FY2024 Feb 28, 2023 ($388.6K) May 28, 2024
FY2023 Feb 28, 2022 ($392.0K) May 26, 2023
FY2022 Feb 28, 2021 ($1.02M) Jun 15, 2022
FY2021 Feb 29, 2020 ($2.83M) Jun 1, 2021
FY2020 Feb 28, 2019 ($869.4K) Jun 15, 2020
FY2019 Feb 28, 2018 ($1.30M) Jun 13, 2019
FY2018 Feb 28, 2017 ($1.77M) Jun 27, 2018
FY2017 Feb 29, 2016 ($300.2K) Jun 1, 2017

SG&A Expense

Selling, general, and administrative expenses — the overhead costs of running the business, including salaries, marketing, legal fees, and corporate office costs. Excludes COGS and R&D.

Fiscal Year Period End Value Filed
FY2015 Feb 28, 2015 $49.7K May 29, 2015
FY2015 Feb 28, 2014 $1.1K May 29, 2015

Operating Cash Flow

Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.

Fiscal Year Period End Value Filed
FY2025 Feb 28, 2025 ($368.6K) May 28, 2025
FY2025 Feb 29, 2024 ($397.5K) May 28, 2025
FY2024 Feb 28, 2023 ($287.8K) May 28, 2024
FY2023 Feb 28, 2022 ($421.1K) May 26, 2023
FY2022 Feb 28, 2021 ($504.7K) Jun 15, 2022
FY2021 Feb 29, 2020 ($551.5K) Jun 1, 2021
FY2020 Feb 28, 2019 ($419.2K) Jun 15, 2020
FY2019 Feb 28, 2018 ($846.4K) Jun 13, 2019
FY2018 Feb 28, 2017 ($1.30M) Jun 27, 2018
FY2017 Feb 29, 2016 ($253.2K) Jun 1, 2017

Capital Expenditures (Capex)

Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.

Fiscal Year Period End Value Filed
FY2017 Feb 29, 2016 $24.5K Jun 1, 2017

Total Assets

The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.

Fiscal Year Period End Value Filed
FY2025 Feb 28, 2025 $360.3K May 28, 2025
FY2025 Feb 29, 2024 $457.7K May 28, 2025
FY2024 Feb 28, 2023 $338.1K May 28, 2024
FY2023 Feb 28, 2022 $387.1K May 26, 2023
FY2022 Feb 28, 2021 $414.4K Jun 15, 2022
FY2021 Feb 29, 2020 $854.8K Jun 1, 2021
FY2020 Feb 28, 2019 $2.66M Jun 15, 2020
FY2019 Feb 28, 2018 $3.01M Jun 13, 2019
FY2018 Feb 28, 2017 $1.11M Jun 27, 2018
FY2017 Feb 29, 2016 $1.54M Jun 1, 2017

Total Liabilities

All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.

Fiscal Year Period End Value Filed
FY2025 Feb 28, 2025 $4.47M May 28, 2025
FY2025 Feb 29, 2024 $5.39M May 28, 2025
FY2024 Feb 28, 2023 $4.63M May 28, 2024
FY2023 Feb 28, 2022 $4.17M May 26, 2023
FY2022 Feb 28, 2021 $3.70M Jun 15, 2022
FY2021 Feb 29, 2020 $3.04M Jun 1, 2021
FY2020 Feb 28, 2019 $2.04M Jun 15, 2020
FY2019 Feb 28, 2018 $1.69M Jun 13, 2019
FY2018 Feb 28, 2017 $452.5K Jun 27, 2018
FY2017 Feb 29, 2016 $561.0K Jun 1, 2017

Stockholders Equity

The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.

Fiscal Year Period End Value Filed
FY2025 Feb 28, 2025 ($4.11M) May 28, 2025
FY2025 Feb 29, 2024 ($4.93M) May 28, 2025
FY2025 Feb 28, 2023 ($4.29M) May 28, 2025
FY2024 Feb 28, 2022 ($3.79M) May 28, 2024
FY2023 Feb 28, 2021 ($3.29M) May 26, 2023
FY2022 Feb 29, 2020 ($2.18M) Jun 15, 2022
FY2021 Feb 28, 2019 $616.9K Jun 1, 2021
FY2020 Feb 28, 2018 $1.32M Jun 15, 2020
FY2019 Feb 28, 2017 $653.6K Jun 13, 2019
FY2018 Feb 29, 2016 $974.9K Jun 27, 2018

Retained Earnings

Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.

Fiscal Year Period End Value Filed
FY2025 Feb 28, 2025 ($11.87M) May 28, 2025
FY2025 Feb 29, 2024 ($11.31M) May 28, 2025
FY2024 Feb 28, 2023 ($10.67M) May 28, 2024
FY2023 Feb 28, 2022 ($10.16M) May 26, 2023
FY2022 Feb 28, 2021 ($9.66M) Jun 15, 2022
FY2021 Feb 29, 2020 ($8.56M) Jun 1, 2021
FY2020 Feb 28, 2019 ($5.66M) Jun 15, 2020
FY2019 Feb 28, 2018 ($4.74M) Jun 13, 2019
FY2018 Feb 28, 2017 ($2.19M) Jun 27, 2018
FY2017 Feb 29, 2016 ($437.0K) Jun 1, 2017

Cash & Equivalents

Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.

Fiscal Year Period End Value Filed
FY2021 Feb 28, 2021 $160.6K Jun 1, 2021
FY2021 Feb 29, 2020 $158.1K Jun 1, 2021
FY2020 Feb 28, 2019 $125.8K Jun 15, 2020
FY2019 Feb 28, 2018 $245.0K Jun 13, 2019
FY2018 Feb 28, 2017 $76.4K Jun 27, 2018
FY2018 Feb 29, 2016 $542.2K Jun 27, 2018
FY2017 Feb 28, 2015 $41.8K Jun 1, 2017

EPS (Basic)

Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.

Fiscal Year Period End Value Filed
FY2025 Feb 28, 2025 0 May 28, 2025
FY2025 Feb 29, 2024 0 May 28, 2025
FY2024 Feb 28, 2023 0 May 28, 2024
FY2023 Feb 28, 2022 0 May 26, 2023
FY2022 Feb 28, 2021 0 Jun 15, 2022

EPS (Diluted)

Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.

Fiscal Year Period End Value Filed
FY2025 Feb 28, 2025 0 May 28, 2025
FY2025 Feb 29, 2024 0 May 28, 2025
FY2024 Feb 28, 2023 0 May 28, 2024

Shares Outstanding

Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.

Fiscal Year Period End Value Filed
FY2025 Feb 28, 2025 108.25M May 28, 2025
FY2025 Feb 29, 2024 90.88M May 28, 2025
FY2024 Feb 28, 2023 90.88M May 28, 2024
FY2023 Feb 28, 2022 90.88M May 26, 2023
FY2022 Feb 28, 2021 90.88M Jun 15, 2022
FY2021 Feb 29, 2020 90.88M Jun 1, 2021
FY2020 Feb 28, 2019 89.44M Jun 15, 2020
FY2019 Feb 28, 2018 89.44M Jun 13, 2019
FY2018 Feb 28, 2017 48.70M Jun 27, 2018
FY2017 Feb 29, 2016 44.31M Jun 1, 2017