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Fuel Tech To Participate in the Sidoti Micro-Cap Virtual Investor Conference
Tue 13 May 25, 07:30 PMFuel Tech Reports 2025 First Quarter Financial Results
Mon 12 May 25, 08:30 PMFuel Tech Schedules 2025 First Quarter Financial Results and Conference Call
Tue 29 Apr 25, 08:15 PMFuel Tech Awarded Air Pollution Control Orders Totaling $1.4 Million
Thu 27 Mar 25, 12:30 PMFuel Tech Awarded Air Pollution Control Orders Totaling $2.6 Million
Mon 24 Mar 25, 12:01 PMFuel Tech Reports 2024 Fourth Quarter and Full Year Financial Results
Tue 04 Mar 25, 09:15 PMFuel Tech Schedules 2024 Fourth Quarter and Full Year Financial Results and Conference Call
Mon 24 Feb 25, 09:15 PMFuel Tech to Showcase DGI® Dissolved Gas Infusion Technology at Aquaculture 2025 in New Orleans
Tue 28 Jan 25, 09:10 PM| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | -2.30900M | -1.86600M | -1.46900M | -1.38800M | 0.07M |
| Minority interest | - | - | - | - | - |
| Net income | -2.32400M | -1.94300M | -1.53800M | -1.44200M | 0.05M |
| Selling general administrative | 14.05M | 13.76M | 12.20M | 12.28M | 12.05M |
| Selling and marketing expenses | - | - | - | - | - |
| Gross profit | 12.38M | 10.62M | 11.66M | 11.64M | 11.90M |
| Reconciled depreciation | 0.70M | 0.46M | 0.40M | 0.44M | 0.74M |
| Ebit | -3.68100M | -1.86600M | -1.44800M | -1.52700M | 0.08M |
| Ebitda | -2.98200M | -1.40600M | -1.10600M | -0.93100M | 0.82M |
| Depreciation and amortization | 0.70M | 0.46M | 0.34M | 0.60M | 0.74M |
| Non operating income net other | - | - | - | - | - |
| Operating income | -3.68100M | -4.70200M | -2.65800M | -1.52700M | 0.08M |
| Other operating expenses | 30.36M | 29.84M | 29.74M | 28.47M | 25.75M |
| Interest expense | - | 0.00000M | 0.02M | 0.02M | 0.01M |
| Tax provision | 0.01M | 0.08M | 0.04M | 0.05M | 0.01M |
| Interest income | 1.42M | 1.25M | 1.07M | 0.20M | - |
| Net interest income | 1.42M | 1.25M | 1.05M | 0.18M | -0.01300M |
| Extraordinary items | - | - | - | - | - |
| Non recurring | - | - | - | - | - |
| Other items | - | - | - | - | - |
| Income tax expense | 0.01M | 0.08M | 0.07M | 0.05M | 0.01M |
| Total revenue | 26.68M | 25.13M | 27.08M | 26.94M | 24.26M |
| Total operating expenses | 16.06M | 15.32M | 14.31M | 13.17M | 13.39M |
| Cost of revenue | 14.29M | 14.51M | 15.43M | 15.30M | 12.36M |
| Total other income expense net | 1.37M | 2.84M | 1.19M | 0.14M | -0.01300M |
| Discontinued operations | - | - | - | - | - |
| Net income from continuing ops | -2.32400M | -1.94300M | -1.40100M | -1.44200M | 0.05M |
| Net income applicable to common shares | - | - | - | -1.44200M | 0.05M |
| Preferred stock and other adjustments | - | - | - | - | - |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 47.18M | 48.80M | 50.39M | 50.12M | 49.97M |
| Intangible assets | 0.65M | 0.33M | 0.36M | 0.40M | 0.45M |
| Earning assets | - | - | - | - | - |
| Other current assets | 1.33M | 1.16M | 1.44M | 1.40M | 1.07M |
| Total liab | 7.25M | 6.84M | 6.75M | 5.25M | 3.77M |
| Total stockholder equity | 39.93M | 41.95M | 43.64M | 44.88M | 46.20M |
| Deferred long term liab | - | - | - | - | - |
| Other current liab | 2.94M | 2.86M | 1.80M | 1.56M | 1.16M |
| Common stock | 0.32M | 0.32M | 0.31M | 0.31M | 0.31M |
| Capital stock | 0.32M | 0.32M | 0.31M | 0.31M | 0.31M |
| Retained earnings | -121.79600M | -119.47200M | -117.52900M | -115.95600M | -114.54900M |
| Other liab | - | - | - | 0.45M | 0.43M |
| Good will | 2.12M | 2.12M | 2.12M | 2.12M | 2.12M |
| Other assets | - | - | - | 0.79M | 1.09M |
| Cash | 11.94M | 8.51M | 17.58M | 23.33M | 35.89M |
| Cash and equivalents | - | - | - | - | - |
| Total current liabilities | 6.27M | 5.86M | 5.69M | 4.77M | 3.22M |
| Current deferred revenue | - | - | 1.38M | 0.37M | 0.39M |
| Net debt | -11.28300M | -7.88500M | -16.88800M | -23.13700M | -35.65800M |
| Short term debt | 0.09M | 0.08M | 0.08M | 0.12M | 0.11M |
| Short long term debt | - | - | - | - | - |
| Short long term debt total | 0.66M | 0.62M | 0.69M | 0.19M | 0.23M |
| Other stockholder equity | 163.12M | 163.03M | 162.60M | 162.25M | 162.04M |
| Property plant equipment | - | - | - | 4.63M | 4.85M |
| Total current assets | 31.94M | 29.62M | 38.32M | 35.83M | 41.47M |
| Long term investments | 6.99M | 10.88M | 3.66M | 6.36M | - |
| Net tangible assets | - | - | - | 42.33M | 43.64M |
| Short term investments | 12.94M | 10.18M | 12.14M | 2.98M | - |
| Net receivables | 5.36M | 9.37M | 6.73M | 7.73M | 3.26M |
| Long term debt | - | - | - | - | - |
| Inventory | 0.37M | 0.40M | 0.44M | 0.39M | 0.35M |
| Accounts payable | 3.24M | 2.92M | 2.42M | 2.71M | 1.56M |
| Total permanent equity | - | - | - | - | - |
| Noncontrolling interest in consolidated entity | - | - | - | - | - |
| Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
| Accumulated other comprehensive income | -1.71800M | -1.91500M | -1.74800M | -1.72800M | -1.60400M |
| Additional paid in capital | - | - | - | - | - |
| Common stock total equity | - | - | - | - | - |
| Preferred stock total equity | - | - | - | - | - |
| Retained earnings total equity | - | - | - | - | - |
| Treasury stock | - | - | - | - | - |
| Accumulated amortization | - | - | - | - | - |
| Non currrent assets other | 0.21M | 0.19M | 0.61M | 0.62M | 1.09M |
| Deferred long term asset charges | - | - | - | - | - |
| Non current assets total | 15.23M | 19.18M | 12.07M | 14.30M | 8.51M |
| Capital lease obligations | 0.58M | 0.62M | 0.61M | 0.19M | 0.23M |
| Long term debt total | - | - | - | - | - |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | 1.22M | -5.44300M | -9.74700M | -9.48300M | -0.08400M |
| Change to liabilities | - | - | - | 1.16M | -0.77200M |
| Total cashflows from investing activities | 0.55M | -5.44300M | -6.44400M | -9.48300M | -0.08400M |
| Net borrowings | - | - | - | - | - |
| Total cash from financing activities | -0.22200M | -0.09500M | 0.04M | -0.01700M | 23.98M |
| Change to operating activities | - | - | - | 0.05M | -0.77000M |
| Net income | -2.32400M | -1.94300M | -1.53800M | -1.44200M | 0.05M |
| Change in cash | 3.43M | -9.06800M | -5.75000M | -13.72600M | 24.45M |
| Begin period cash flow | 8.51M | 17.58M | 23.33M | 37.05M | 12.61M |
| End period cash flow | 11.94M | 8.51M | 17.58M | 23.33M | 37.05M |
| Total cash from operating activities | 3.02M | -3.43300M | 0.70M | -4.13900M | 0.76M |
| Issuance of capital stock | - | - | - | 0.00000M | 25.81M |
| Depreciation | 0.66M | 0.46M | 0.34M | 0.44M | 0.74M |
| Other cashflows from investing activities | 12.58M | 12.62M | - | - | - |
| Dividends paid | - | - | - | - | - |
| Change to inventory | 0.03M | 0.04M | -0.04600M | -0.04500M | -0.25200M |
| Change to account receivables | 4.20M | -1.12700M | 1.04M | -4.44800M | 3.79M |
| Sale purchase of stock | - | -0.09500M | - | - | - |
| Other cashflows from financing activities | -0.22200M | -0.09500M | 0.04M | -0.01700M | -1.83500M |
| Change to netincome | - | - | - | 0.15M | -2.03400M |
| Capital expenditures | 0.67M | 0.38M | 0.42M | 0.21M | 0.08M |
| Change receivables | - | - | - | - | - |
| Cash flows other operating | - | - | - | - | - |
| Exchange rate changes | - | - | - | - | - |
| Cash and cash equivalents changes | - | - | - | - | - |
| Change in working capital | 4.36M | -2.26400M | 1.93M | -3.28800M | 2.00M |
| Stock based compensation | 0.33M | 0.45M | 0.39M | 0.22M | 0.08M |
| Other non cash items | -0.02400M | -0.13600M | -0.42300M | -0.11100M | -2.12100M |
| Free cash flow | 2.34M | -3.81100M | 0.28M | -4.34500M | 0.68M |
Sector: Industrials Industry: Pollution & Treatment Controls
| Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| FTEK Fuel Tech Inc |
0.03 2.09% | 1.47 | - | 125.00 | 1.60 | 1.07 | 0.69 | 53.37 |
| VLTO Veralto Corporation |
0.51 0.60% | 85.17 | 29.06 | 27.70 | 4.78 | 10.95 | 5.04 | 20.26 |
| FSS Federal Signal Corporation |
0.69 0.65% | 107.83 | 28.73 | 24.21 | 3.17 | 5.00 | 3.41 | 17.76 |
| UMICY Umicore SA ADR |
-0.29 3.97% | 7.02 | 12.18 | 13.89 | 0.29 | 1.66 | 0.36 | 8.26 |
| UMICF Umicore SA |
- -% | 28.82 | 12.12 | 13.66 | 0.29 | 1.64 | 0.36 | 8.28 |
Fuel Tech, Inc. engages in the development, commercialization, and application of technologies for air pollution control, process optimization, water treatment, and advanced engineering services to utility and industrial customers in the United States, rest of the Americas, Europe, South Africa, the Pacific Rim, and internationally. The Air Pollution Control Technology segment offers technologies to reduce nitrogen oxide emissions (NOx) in flue gas from boilers, incinerators, furnaces, and other stationary combustion sources; NOxOUT selected non-catalytic reduction and selected catalytic reduction systems, including ammonia injection grid and graduated straightening grid systems; electrostatic precipitator processes and services; ULTRA technology; urea direct injection systems; and flue gas conditioning systems. Its FUEL CHEM Technology segment provides chemical injection programs to improve the efficiency, reliability, fuel flexibility, boiler heat rate, and environmental status of combustion units for the control of slagging, fouling, corrosion, opacity, and acid plume, as well as the formation of sulfur trioxide, ammonium bisulfate, particulate matter, sulfur dioxide, and carbon dioxide through the addition of chemicals into the furnace using targeted in-furnace injection technology. This segment also offers its FUEL CHEM program for plants operating in the electric utility, industrial, pulp and paper, waste-to-energy, and university and district heating markets; and the owners of boilers, furnaces, and other combustion units for treating a wide variety of solid and liquid fuels, including coal, heavy oil, black liquor, biomass, and municipal waste. In addition, the company provides dissolved gas infusion systems, which utilize a proprietary channel injector and a patented saturator that infuses oxygen, carbon dioxide, or other gases into water; and visualization software. Fuel Tech, Inc. was incorporated in 1987 and is headquartered in Warrenville, Illinois.
27601 Bella Vista Parkway, Warrenville, IL, United States, 60555-1617
| Name | Title | Year Born |
|---|---|---|
| Mr. Vincent J. Arnone | Chairman, CEO & Pres | 1964 |
| Ms. Ellen T. Albrecht | VP, CFO & Treasurer | 1973 |
| Mr. William E. Cummings Jr. | Sr. VP of Sales | 1957 |
| Dr. William H. Sun | VP of International Bus. & Technologies | 1958 |
| Mr. Bradley W. Johnson | VP, Gen. Counsel & Sec. | 1965 |
| Mr. Vincent M. Albanese | Sr. VP of Regulatory Affairs | 1949 |
| Mr. David S. Collins | Sr. Financial Advisor | 1965 |
| Mr. Kevin R. Dougherty | VP of Bus. Devel. & Marketing | 1962 |
| Mr. Ronald B. Seidel PE | Exec. Consultant | 1947 |
| Mr. Vincent J. Arnone | Chairman, CEO & President | 1964 |
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