FTEK Q3 2021 Earnings — Fuel Tech, Inc. Revenue & Financial Results | Market Cap Arena

FTEKFuel Tech, Inc.

$39M

Q3 2021 Earnings

Industrials Industrial - Pollution & Treatment Controls

Income Statement

Revenue

$8M-7.3% YoY

Gross Profit

$4M49.2% margin

Operating Income

$578,0007.6% margin

Net Income

$678,0009.0% margin

EPS (Diluted)

$0.02

QoQ Revenue Growth

+44.9%

Cash Flow

Operating Cash Flow

$343,000

Free Cash Flow

-$4,000

Stock-Based Comp.

$21,000

Balance Sheet

Total Assets

$51M

Total Liabilities

$5M

Stockholders' Equity

$46M

Cash & Equivalents

$35M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$8M	$8M	-7.3%
Gross Profit	$4M	$6M	-37.0%
Operating Income	$578,000	$2M	-76.3%
Net Income	$678,000	$2M	-71.5%

Revenue Segments

FUEL CHEM

$6M74%

Air Pollution Control

$2M26%

Geographic Segments

UNITED STATES

$6M80%

Asia

$726,00010%

Europe

$663,0009%

Latin America

$121,0002%