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Nine Energy Service Inc (NINE)

Nine Energy Service Inc (NINE)
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Ninetowns Internet Technology Group Company Limited is a PRC software company that enables enterprises and trade-related PRC government agencies to streamline the import/export process in China. The company provides enterprise software and related services for the completion over the Internet of the declaration process. Ninetowns's enterprise software products consist of standardized applications that simplify the declaration and approval process for international trade enterprises. The company has five enterprise software products currently available commercially or in trial version: iDeclare.CIQ, iProcess.CIQ, User Message Agent, or UMA, and iQM. The iDeclare.CIQ series of products enables international trade enterprises to complete the declaration process electronically over the Internet. The iProcess.CIQ product series enables international trade enterprises and their suppliers to submit product quality-related data to the PRC Inspections Administration throughout the production process. The UMA series of enterprise software facilitates effective and secure data transfers: within iTowNet's data exchange platforms; among PRC Inspections Administration's internal processing systems; and between PRC government agencies. The iQM product series provides the following functions to its enterprise customers: the declaration of electronic supervision data, enterprise quality management, a mobile business platform and statistics and quality analyses. The company's enterprise software automates and facilitates the processing of the required import/export declarations and approvals in a cost-efficient, user-friendly and legally-compliant manner over the Internet, utilizing an electronic infrastructure it helped build that links together numerous branch offices of the PRC Inspections Administration. The company's B2B business and services are offered through tootoo.com, its B2B vertical search platform. Ninetowns's enterprise software mainly facilitates declaration processing in a cost-efficient and user-friendly manner over the Internet, utilizing data exchange platforms that it helped build.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024 Sep, 2024
Sales 132,030 147,250 150,470 141,430 138,160
Sales Growth -10.34% -2.14% +6.39% +2.37% +4.35%
Net Income -14,650 -10,390 -7,060 -8,840 -10,140
Net Income Growth -41.00% -47.17% +20.14% +12.82% +27.78%
(Values in U.S. Thousands) Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024 Sep, 2024
Total Assets 340,700 361,170 359,180 360,080 353,230
Total Assets Growth -5.67% +0.55% -0.25% +1.94% -7.46%
Total Liabilities 436,570 442,900 431,290 426,140 410,790
Total Liabilities Growth -1.43% +2.69% +1.21% +3.74% -4.79%
(Values in U.S. Thousands) Sep, 2025 Jun, 2025 Mar, 2025 Dec, 2024 Sep, 2024
Operating Cash Flow -5,130 4,810 -5,280 13,200 -1,790
Operating Cash Flow Growth -206.65% +191.10% -140.00% +837.43% -144.09%
Net Cash Flow -11,410 -10,130 -10,610 -2,960 -15,190
Change in Net Cash Flow -12.64% +4.52% -258.45% +80.51% -215.80%
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