FTEK Q4 2023 Earnings — Fuel Tech, Inc. Revenue & Financial Results | Market Cap Arena

FTEKFuel Tech, Inc.

$40M

Q4 2023 Earnings

Industrials Industrial - Pollution & Treatment Controls

Income Statement

Revenue

$6M-9.6% YoY

Gross Profit

$3M51.1% margin

Operating Income

-$801,000-12.6% margin

Net Income

-$539,000-8.5% margin

EPS (Diluted)

$-0.02

QoQ Revenue Growth

-20.6%

Cash Flow

Operating Cash Flow

$305,000

Free Cash Flow

$88,000

Stock-Based Comp.

$101,000

Balance Sheet

Total Assets

$50M

Total Liabilities

$7M

Stockholders' Equity

$44M

Cash & Equivalents

$18M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6M	$7M	-9.6%
Gross Profit	$3M	$3M	+8.0%
Operating Income	-$801,000	-$250,000	-220.4%
Net Income	-$539,000	-$402,000	-34.1%

Revenue Segments

FUEL CHEM

$4M94%

Air Pollution Control

$247,0006%

Geographic Segments

UNITED STATES

$5M77%

Europe

$664,00010%

Americas

$577,0009%

Asia

$289,0004%