NXT Energy Solutions Inc
www5.nxtenergy.comWhat Do They Do?
Provides airborne surveys that help oil and gas and geothermal explorers identify areas with potential hydrocarbon or geothermal resources.
20-F for FY2025, filed Apr 30, 2026
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Who Are Their Customers?
Oil and gas and geothermal explorers use NXT's surveys. NXT sells largely directly, using independent commissioned sales representatives in international markets.
20-F for FY2025, filed Apr 30, 2026
Sources
Customers above 10% of revenue, FY2025
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20-F for FY2025, filed Apr 30, 2026
Revenue generated by one customer in each year was as follows, 82% in 2025, 73% in 2024, and 100% in 2023. The $1,519,845 overdue accounts…View ↗
FY2023: 100% from one customer
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