NXT Energy Solutions Inc. completed the data‑acquisition phase of its Stress Field Detection (SFD) survey for AL‑Haj Enterprises Private Limited in Pakistan on December 4, 2025, marking a key operational milestone in the company’s expanding global footprint.
The Pakistan deployment is part of a broader strategy that has already driven a sharp rise in SFD‑related revenue. Year‑to‑date 2025 revenue reached $14.21 million, up from just $0.60 million in the same period of 2024, largely driven by large projects in Africa and Southeast Asia. The growth signals that the company’s quantum‑based SFD technology is gaining traction in frontier exploration markets.
Despite the revenue surge, NXT remains unprofitable. Q3 2025 net loss was $1.78 million and the company’s return on equity fell to –31.05%. A significant one‑time charge of $5.83 million related to convertible debenture remeasurement in Q3 masked a stronger underlying operational performance. A $2 million strategic investment from Mork Capital in November 2025 has bolstered liquidity and supports continued project execution.
CEO Bruce G. Wilcox emphasized that the Pakistan survey is a critical step in expanding the company’s SFD service offering. “We are pleased to have completed the data‑acquisition phase for AEPL and expect to deliver interpretations and recommendations by the end of January 2026,” Wilcox said. He highlighted the company’s broader momentum, noting that the Africa and Southeast Asia projects have already driven the year‑to‑date revenue jump.
While the completion of the Pakistan survey did not trigger a market reaction, it reinforces NXT’s trajectory toward scaling its SFD technology and expanding into new geographies. Investors will continue to monitor the company’s ability to convert the growing revenue base into profitability, especially as it navigates the one‑time charges and ongoing investment needs.
Overall, the Pakistan milestone underscores NXT Energy’s commitment to deploying its SFD platform in high‑potential regions, while the company remains focused on improving financial performance through disciplined cost management and strategic capital infusions.
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