FTEKFuel Tech, Inc.

$39M

Q2 2021 Earnings

Industrials Industrial - Pollution & Treatment Controls

Income Statement

Revenue

$5M+18.6% YoY

Gross Profit

$3M49.5% margin

Operating Income

-$689,000-13.2% margin

Net Income

-$778,000-14.9% margin

EPS (Diluted)

$-0.03

QoQ Revenue Growth

+3.7%

Cash Flow

Operating Cash Flow

$454,000

Free Cash Flow

$221,000

Stock-Based Comp.

$20,000

Balance Sheet

Total Assets

$50M

Total Liabilities

$4M

Stockholders' Equity

$46M

Cash & Equivalents

$36M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5M	$4M	+18.6%
Gross Profit	$3M	$602,000	+329.1%
Operating Income	-$689,000	-$2M	+71.6%
Net Income	-$778,000	-$3M	+69.4%

Revenue Segments

FUEL CHEM

$4M81%

Air Pollution Control

$986,00019%

Geographic Segments

UNITED STATES

$5M88%

Europe

$301,0006%

Asia

$187,0004%

Latin America

$142,0003%

FTEK Q2 2021 Earnings — Fuel Tech, Inc. Revenue & Financial Results | Market Cap Arena