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FTEK Q2 2024 Earnings — Fuel Tech, Inc. Revenue & Financial Results | Market Cap Arena
FTEK
Fuel Tech, Inc.
$40M
Q2 2024 Earnings
Industrials
Industrial - Pollution & Treatment Controls
Income Statement
Revenue
$7M
+29.0% YoY
Gross Profit
$3M
41.9% margin
Operating Income
-$715,000
-10.2% margin
Net Income
-$421,000
-6.0% margin
EPS (Diluted)
$-0.01
QoQ Revenue Growth
+42.1%
Cash Flow
Operating Cash Flow
-$2M
Free Cash Flow
-$2M
Stock-Based Comp.
$124,000
Balance Sheet
Total Assets
$49M
Total Liabilities
$5M
Stockholders' Equity
$44M
Cash & Equivalents
$10M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$7M
$5M
+29.0%
Gross Profit
$3M
$2M
+47.9%
Operating Income
-$715,000
-$1M
+46.3%
Net Income
-$421,000
-$1M
+59.7%
Revenue Segments
FUEL CHEM
$3M
54%
Air Pollution Control
$3M
46%
Geographic Segments
UNITED STATES
$4M
63%
Europe
$2M
24%
Asia
$590,000
8%
Latin America
$293,000
4%
← FY 2024
All Quarters
Q3 2024 →