FTEK Q1 2022 Earnings — Fuel Tech, Inc. Revenue & Financial Results | Market Cap Arena

FTEKFuel Tech, Inc.

$40M

Q1 2022 Earnings

Industrials Industrial - Pollution & Treatment Controls

Income Statement

Revenue

$6M+10.0% YoY

Gross Profit

$2M41.4% margin

Operating Income

-$984,000-17.8% margin

Net Income

-$998,000-18.0% margin

EPS (Diluted)

$-0.03

QoQ Revenue Growth

-14.2%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$2M

Stock-Based Comp.

$18,000

Balance Sheet

Total Assets

$50M

Total Liabilities

$4M

Stockholders' Equity

$45M

Cash & Equivalents

$34M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6M	$5M	+10.0%
Gross Profit	$2M	$2M	-2.9%
Operating Income	-$984,000	-$1M	+15.0%
Net Income	-$998,000	$398,000	-350.8%

Revenue Segments

FUEL CHEM

$3M60%

Air Pollution Control

$2M40%

Geographic Segments

UNITED STATES

$4M67%

Asia

$1M25%

Europe

$404,0007%

Latin America

$69,0001%