FTEK FY 2023 Earnings — Fuel Tech, Inc. Revenue & Financial Results | Market Cap Arena

FTEKFuel Tech, Inc.

$40M

FY 2023 Earnings

Industrials Industrial - Pollution & Treatment Controls

Income Statement

Revenue

$27M+0.5% YoY

Gross Profit

$12M43.0% margin

Operating Income

-$3M-9.8% margin

Net Income

-$2M-5.7% margin

EPS (Diluted)

$-0.05

Cash Flow

Operating Cash Flow

$696,000

Free Cash Flow

$278,000

Stock-Based Comp.

$389,000

Balance Sheet

Total Assets

$50M

Total Liabilities

$7M

Stockholders' Equity

$44M

Cash & Equivalents

$18M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$27M	$27M	+0.5%
Gross Profit	$12M	$12M	+0.1%
Operating Income	-$3M	-$2M	-74.1%
Net Income	-$2M	-$1M	-6.7%