FTEK Q4 2022 Earnings — Fuel Tech, Inc. Revenue & Financial Results | Market Cap Arena

FTEKFuel Tech, Inc.

$40M

Q4 2022 Earnings

Industrials Industrial - Pollution & Treatment Controls

Income Statement

Revenue

$7M+8.8% YoY

Gross Profit

$3M42.8% margin

Operating Income

-$250,000-3.6% margin

Net Income

-$402,000-5.7% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

-12.4%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$2M

Stock-Based Comp.

$88,000

Balance Sheet

Total Assets

$50M

Total Liabilities

$5M

Stockholders' Equity

$45M

Cash & Equivalents

$13M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$7M	$6M	+8.8%
Gross Profit	$3M	$3M	-7.3%
Operating Income	-$250,000	-$221,000	-13.1%
Net Income	-$402,000	-$244,000	-64.8%

Revenue Segments

FUEL CHEM

$4M79%

Air Pollution Control

$1M21%

Geographic Segments

Non-US

$6M44%

UNITED STATES

$5M43%

Europe

$949,0008%

Asia

$672,0005%