FTEK Q3 2020 Earnings — Fuel Tech, Inc. Revenue & Financial Results | Market Cap Arena

FTEKFuel Tech, Inc.

$39M

Q3 2020 Earnings

Industrials Industrial - Pollution & Treatment Controls

Income Statement

Revenue

$8M+26.4% YoY

Gross Profit

$6M72.4% margin

Operating Income

$2M29.9% margin

Net Income

$2M29.1% margin

EPS (Diluted)

$0.09

QoQ Revenue Growth

+85.3%

Cash Flow

Operating Cash Flow

$123,000

Free Cash Flow

$39,000

Stock-Based Comp.

$58,000

Balance Sheet

Total Assets

$32M

Total Liabilities

$8M

Stockholders' Equity

$24M

Cash & Equivalents

$9M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$8M	$6M	+26.4%
Gross Profit	$6M	$3M	+104.4%
Operating Income	$2M	-$1M	+279.1%
Net Income	$2M	-$1M	+285.9%

Revenue Segments

FUEL CHEM

$3M114%

Air Pollution Control

-$304,000-14%

Geographic Segments

UNITED STATES

$6M79%

Europe

$904,00011%

Asia

$583,0007%

Latin America

$195,0002%