FTEK Q3 2024 Earnings — Fuel Tech, Inc. Revenue & Financial Results | Market Cap Arena

FTEKFuel Tech, Inc.

$40M

Q3 2024 Earnings

Industrials Industrial - Pollution & Treatment Controls

Income Statement

Revenue

$8M-1.7% YoY

Gross Profit

$3M43.4% margin

Operating Income

-$179,000-2.3% margin

Net Income

$80,0001.0% margin

EPS (Diluted)

$0.00

QoQ Revenue Growth

+11.5%

Cash Flow

Operating Cash Flow

$879,000

Free Cash Flow

$767,000

Stock-Based Comp.

$109,000

Balance Sheet

Total Assets

$50M

Total Liabilities

$6M

Stockholders' Equity

$44M

Cash & Equivalents

$12M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$8M	$8M	-1.7%
Gross Profit	$3M	$4M	-5.7%
Operating Income	-$179,000	$133,000	-234.6%
Net Income	$80,000	$459,000	-82.6%

Revenue Segments

FUEL CHEM

$5M64%

Air Pollution Control

$3M36%

Geographic Segments

UNITED STATES

$5M69%

Europe

$2M19%

Asia

$664,0008%

Latin America

$208,0003%