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FTEK Q3 2023 Earnings — Fuel Tech, Inc. Revenue & Financial Results | Market Cap Arena
FTEK
Fuel Tech, Inc.
$40M
Q3 2023 Earnings
Industrials
Industrial - Pollution & Treatment Controls
Income Statement
Revenue
$8M
-0.4% YoY
Gross Profit
$4M
45.2% margin
Operating Income
$133,000
1.7% margin
Net Income
$459,000
5.7% margin
EPS (Diluted)
$0.01
QoQ Revenue Growth
+46.3%
Cash Flow
Operating Cash Flow
$374,000
Free Cash Flow
$276,000
Stock-Based Comp.
$101,000
Balance Sheet
Total Assets
$50M
Total Liabilities
$6M
Stockholders' Equity
$44M
Cash & Equivalents
$13M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$8M
$8M
-0.4%
Gross Profit
$4M
$4M
-1.6%
Operating Income
$133,000
$192,000
-30.7%
Net Income
$459,000
$314,000
+46.2%
Revenue Segments
FUEL CHEM
$4M
54%
Air Pollution Control
$4M
46%
Geographic Segments
UNITED STATES
$6M
71%
Asia
$1M
15%
Europe
$1M
13%
Latin America
$157,000
2%
← FY 2023
All Quarters
Q4 2023 →