FTEK
Income statement / Annual
Last year (2023), Fuel Tech, Inc.'s total revenue was $27.08 M,
an increase of 0.52% from the previous year.
In 2023, Fuel Tech, Inc.'s net income was -$1.54 M.
See Fuel Tech, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$27.08 M
|
$26.94 M
|
$24.26 M
|
$22.55 M
|
$30.47 M
|
$56.54 M
|
$45.17 M
|
$55.16 M
|
$73.66 M
|
$79.02 M
|
| Cost of Revenue |
$15.43 M |
$15.30 M |
$12.36 M |
$11.91 M |
$19.64 M |
$36.47 M |
$27.14 M |
$36.37 M |
$45.11 M |
$43.89 M |
| Gross Profit |
$11.66 M |
$11.64 M |
$11.90 M |
$10.64 M |
$10.83 M |
$20.06 M |
$18.02 M |
$18.79 M |
$28.56 M |
$35.13 M |
| Gross Profit Ratio |
0.43 |
0.43 |
0.49 |
0.47 |
0.36 |
0.35 |
0.4 |
0.34 |
0.39 |
0.44 |
| Research and Development
Expenses |
$1.51 M
|
$895,000.00
|
$1.33 M
|
$1.18 M
|
$1.13 M
|
$1.07 M
|
$1.07 M
|
$4.55 M
|
$4.27 M
|
$1.46 M
|
| General & Administrative
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$18.56 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling & Marketing
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$20.93 M
|
$25.56 M
|
$31.12 M
|
$35.43 M
|
| Selling, General &
Administrative Expenses |
$12.80 M
|
$12.28 M
|
$12.06 M
|
$13.60 M
|
$17.19 M
|
$18.56 M
|
$20.93 M
|
$25.56 M
|
$31.12 M
|
$35.43 M
|
| Other Expenses |
$0.00 |
-$46,000.00 |
$1.57 M |
$119,000.00 |
-$8,000.00 |
$2,000.00 |
-$60,000.00 |
-$925,000.00 |
-$360,000.00 |
-$544,000.00 |
| Operating Expenses |
$14.31 M |
$13.17 M |
$13.39 M |
$14.78 M |
$18.32 M |
$19.64 M |
$22.00 M |
$30.12 M |
$35.39 M |
$36.89 M |
| Cost And Expenses |
$29.74 M |
$28.47 M |
$25.75 M |
$26.69 M |
$37.96 M |
$56.11 M |
$49.15 M |
$66.48 M |
$80.50 M |
$80.78 M |
| Interest Income |
$1.30 M |
$202,000.00 |
$6,000.00 |
$4,000.00 |
$41,000.00 |
$6,000.00 |
$10,000.00 |
$25,000.00 |
$21,000.00 |
$29,000.00 |
| Interest Expense |
$21,000.00 |
$17,000.00 |
$13,000.00 |
$4,000.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$27,000.00 |
$125,000.00 |
| Depreciation &
Amortization |
$342,000.00
|
$440,000.00
|
$741,000.00
|
$848,000.00
|
$996,000.00
|
$847,000.00
|
$1.53 M
|
$3.50 M
|
$4.21 M
|
$4.31 M
|
| EBITDA |
-$1.11 M
|
-$931,000.00
|
-$748,000.00
|
-$3.37 M
|
-$6.49 M
|
$1.27 M
|
-$2.45 M
|
-$5.62 M
|
-$4.39 M
|
-$21.37 M
|
| EBITDA Ratio |
-0.04 |
-0.03 |
0.03 |
-0.14 |
-0.2 |
0.03 |
0.01 |
-0.16 |
-0.04 |
0.03 |
| Operating Income Ratio
|
-0.1
|
-0.06
|
0
|
-0.18
|
-0.25
|
0
|
-0.16
|
-0.27
|
-0.11
|
-0.32
|
| Total Other
Income/Expenses Net |
$1.19 M
|
$139,000.00
|
$1.56 M
|
$115,000.00
|
$403,000.00
|
$8,000.00
|
-$50,000.00
|
-$3.70 M
|
-$366,000.00
|
-$640,000.00
|
| Income Before Tax |
-$1.47 M |
-$1.39 M |
$68,000.00 |
-$4.22 M |
-$7.84 M |
$118,000.00 |
-$7.12 M |
-$15.72 M |
-$8.62 M |
-$25.80 M |
| Income Before Tax Ratio
|
-0.05
|
-0.05
|
0
|
-0.19
|
-0.26
|
0
|
-0.16
|
-0.29
|
-0.12
|
-0.33
|
| Income Tax Expense |
$69,000.00 |
$54,000.00 |
$14,000.00 |
$57,000.00 |
$14,000.00 |
$33,000.00 |
-$46,000.00 |
$1.66 M |
$3.76 M |
-$8.08 M |
| Net Income |
-$1.54 M |
-$1.44 M |
$54,000.00 |
-$4.28 M |
-$7.85 M |
-$28,000.00 |
-$10.98 M |
-$17.39 M |
-$12.38 M |
-$17.73 M |
| Net Income Ratio |
-0.06 |
-0.05 |
0 |
-0.19 |
-0.26 |
-0 |
-0.24 |
-0.32 |
-0.17 |
-0.22 |
| EPS |
-0.0507 |
-0.0476 |
0.0018 |
-0.17 |
-0.32 |
-0.0012 |
-0.47 |
-0.74 |
-0.54 |
-0.78 |
| EPS Diluted |
-0.0507 |
-0.0476 |
0.0018 |
-0.17 |
-0.32 |
-0.0012 |
-0.46 |
-0.74 |
-0.54 |
-0.78 |
| Weighted Average Shares
Out |
$30.35 M
|
$30.29 M
|
$29.59 M
|
$24.69 M
|
$24.20 M
|
$24.16 M
|
$23.34 M
|
$23.37 M
|
$22.75 M
|
$22.72 M
|
| Weighted Average Shares
Out Diluted |
$30.35 M
|
$30.29 M
|
$29.69 M
|
$24.69 M
|
$24.20 M
|
$24.16 M
|
$23.87 M
|
$23.37 M
|
$23.10 M
|
$22.78 M
|
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