Fuel Tech
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Fuel Tech's past years’ income statements indicate that its last revenue has increased compared to the previous period by 1% to $27,081,000. Profit margin reached -6%. Total operating expenses were $14,314,000.
Profit Margin
| 2014 | 79.01M | -17.72M | -22.43% |
|---|---|---|---|
| 2015 | 73.66M | -12.38M | -16.81% |
| 2016 | 55.16M | -17.38M | -31.52% |
| 2017 | 45.16M | -10.98M | -24.32% |
| 2018 | 56.53M | -28K | -0.05% |
| 2019 | 30.46M | -7.85M | -25.77% |
| 2020 | 22.55M | -4.27M | -18.97% |
| 2021 | 24.26M | 54K | 0.22% |
| 2022 | 26.94M | -1.44M | -5.35% |
| 2023 | 27.08M | -1.53M | -5.68% |
FTEK Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 27.08M | 26.94M | 24.26M | 22.55M | 30.46M | 56.53M | 45.16M | 55.16M | 73.66M | 79.01M |
Cost of revenue | 15.42M | 15.29M | 12.36M | 11.91M | 19.63M | 36.47M | 27.14M | 36.36M | 45.10M | 43.88M |
Gross profit | 11.65M | 11.64M | 11.89M | 10.63M | 10.83M | 20.06M | 18.02M | 18.79M | 28.55M | 35.12M |
Operating exp. | ||||||||||
Research and development | 1.51M | 895K | 1.33M | 1.17M | 1.12M | 1.07M | 1.07M | 4.55M | 4.27M | 1.45M |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 20.93M | 25.56M | 31.11M | 35.43M |
Total operating expenses | 14.31M | 13.17M | 13.38M | 14.77M | 18.31M | 19.63M | 22.00M | 30.11M | 35.38M | 36.89M |
Operating income | -2.65M | -1.52M | 81K | -4.13M | -7.48M | 110K | -7.06M | -14.82M | -8.25M | -25.16M |
Other income (expenses), net | 1.18M | 139K | -13K | 115K | -349K | -315K | -50K | -4.42M | -366K | -640K |
Income before tax | -1.46M | -1.38M | 68K | -4.22M | -7.83M | 118K | -7.11M | -15.72M | -8.62M | -25.80M |
Income tax expense | 69K | 54K | 14K | 57K | 14K | 33K | -46K | 1.66M | 3.75M | -8.07M |
Net income | -1.53M | -1.44M | 54K | -4.27M | -7.85M | -28K | -10.98M | -17.38M | -12.38M | -17.72M |
Earnings per share | ||||||||||
Basic EPS | -0.05 | -0.04 | 0.00 | -0.17 | -0.32 | -0.00 | -0.47 | -0.74 | -0.54 | -0.78 |
Diluted EPS | -0.05 | -0.04 | 0.00 | -0.17 | -0.32 | -0.00 | -0.46 | -0.74 | -0.54 | -0.78 |
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