Northann Corp.

NCL Materials & mining

Makes 3D printed flooring products for homeowners and businesses.

Sep 2025Revenue $13.0M/yrExpenses $27.9M/yr
Fell below break-even Sep 2023Cash runway ≈ 2 months from Mar 2026
Figures by year

When will Northann be profitable again?

Its expenses passed its revenue in Sep 2023. In the 12 months to Sep 2025, revenue was $13.0M and expenses $27.9M.

Fiscal year toRevenueExpensesOperating profit
Dec 2024$15.3M$17.0M−$1.67M
Dec 2023$14.0M$18.7M−$4.76M
Dec 2022$21.0M$18.9M$2.08M