NTNOF — Stock Film
STOCK FILMSCENE 1/11NTNOF · $0.79
Stock Expert AI presents
NTNOF
Northern Ocean Ltd
~4 min film100% real numbers0 jargon
WHAT DOES THIS COMPANY DO?
Northern Ocean Ltd. A quick introduction.

On the stock market since 2023, it operates in the world of energy. It has 7 employees. Now — the numbers.

on the stock market since 2023
7 employees
$248.6M market value
Revenue last year:
$0
The loss that same year:
$0
For every $1 it earns, the company spends $1.4.

The company is still in the product-building phase: its spending runs above its sales. That only changes once the product starts selling at scale.

THE SALES TREND
Sales are growing overall, with a pause along the way.

Average growth of 42% a year over the last 4 years. Red columns mark years that ended in a loss.

$67.8M
2021
$21.7M
2022
$235.2M
2023
$263.5M
2024
$279.3M
2025
In the vault right now:
$0
DEBT: $100.0M
At this pace, that money lasts less than a year.

Before the clock runs out, either sales must climb sharply or new money must come in. This is the most critical line in the whole picture.

Every quarter, analysts set a profit bar.
How many of the last 8 did the company clear?
4 / 8
EXPECTATIONS MET OR BEATEN
4
Aug 2024
Nov 2024
Feb 2025
May 2025
Aug 2025
Nov 2025
Feb 2026
May 2026
4 TIMES IN THE LAST 8 QUARTERS
A mixed scorecard.
THE COUNCIL REVIEW
9

angles, checked one by one.

The 3 that stand out are on screen; the rest came back neutral.

The council scores out of 10; report-card grades are out of 100.

WEAK SPOTS
Heavy bets against the stock2/10
Each sale is made at a loss3/10
The stock has lost its spark3/10
WORTH WATCHING

Bets Against the Stock: The number of investors betting on a fall stands out.

THE FIVE-YEAR JOURNEY
Below the peak, but no collapse.

The stock trades 28% below its peak. The market has trimmed its expectations for the company.

1
THE BRIGHT SIDE · 1/2
Sales keep climbing

Over the last 3 years, sales grew about 134% a year on average.

2
THE BRIGHT SIDE · 2/2
The product is selling

Sales run at $279.3M a year. A small number, but proof the product has real buyers.

1
THE RISKS · 1/3
Small sales, big loss

A loss of $102.7M against $279.3M in annual sales.

2
THE RISKS · 2/3
Trading under $1

The stock sits at $0.79. Under exchange rules, stocks that stay below $1 for too long risk being removed from the market.

3
THE RISKS · 3/3
The cash has a countdown

At the current pace of spending, the cash lasts less than a year. After that, the company needs to find new money.

FINALE · THE GRADE
D
0 / 100 · MoonshotScore

On our five-subject report card, NTNOF sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”

The takeaway: NTNOF is a high-risk stock — not yet profitable, and its future rides on its product catching on.

What would you like to do next?
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This was a film — not investment advice.
Data: FMP & company filings
Aug 21, 2026 · stockexpertai.com · Stock Film