Flagship explainer

How NORTHANN CORP. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$15.3M · 100%Cost of revenue$11.4M · 74%Gross profit$4M · 26%Operating income−$1.7M · −11%Income before tax−$4.4M · −29%Income tax$1733 · 0%Net income−$4.4M · −29%As of 2024-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$15.3M100%
Cost of revenue$11.4M74%
$4M26%
−$1.7M−11%
Income before tax−$4.4M−29%
Income tax$17330%
−$4.4M−29%
Source: · event Dec 31, 2024 · retrieved Jul 26, 2026 · annual-row source set
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