FTEK Q2 2022 Earnings — Fuel Tech, Inc. Revenue & Financial Results | Market Cap Arena

FTEKFuel Tech, Inc.

$40M

Q2 2022 Earnings

Industrials Industrial - Pollution & Treatment Controls

Income Statement

Revenue

$6M+22.0% YoY

Gross Profit

$3M42.1% margin

Operating Income

-$485,000-7.6% margin

Net Income

-$356,000-5.6% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

+15.0%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$2M

Stock-Based Comp.

$28,000

Balance Sheet

Total Assets

$49M

Total Liabilities

$5M

Stockholders' Equity

$45M

Cash & Equivalents

$31M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6M	$5M	+22.0%
Gross Profit	$3M	$3M	+3.7%
Operating Income	-$485,000	-$689,000	+29.6%
Net Income	-$356,000	-$778,000	+54.2%

Revenue Segments

FUEL CHEM

$4M57%

Air Pollution Control

$3M43%

Geographic Segments

UNITED STATES

$4M67%

Asia

$1M17%

Europe

$922,00014%

Latin America

$60,0001%