Fuel Tech is a technology company engaged in the development, commercialization, and application of technologies for air pollution control, process optimization, combustion efficiency and advanced engineering services. These technologies enable customers to operate efficiently in a cost-effective and environmentally sustainable manner. Its Air Pollution Control and FUEL CHEM business processes rely heavily on the ability to inject chemical slurries into combustion units, in precise concentrations and locations, to achieve a desired outcome. Fuel Tech's Fuel Conversion business is a development stage opportunity focused on creating and manufacturing value-added engineered carbon feedstock products for carbon feedstock customer markets.

Type
Public
HQ
Warrenville, US
Founded
1987
Size (employees)
146 (est)
Website
ftek.com
Fuel Tech was founded in 1987 and is headquartered in Warrenville, US
Report incorrect company information

Fuel Tech Office Locations

Fuel Tech has offices in Warrenville, Stamford, Durham, Westlake and in 2 other locations
Warrenville, US (HQ)
27601 Bella Vista Pkwy
Durham, US
c 2300 Englert Dr
Stamford, US
120 Long Ridge Rd
Westlake, US
27881 Clemens Rd
Beijing, CN
16 Tian Ze Lu
Gallarate, IT
34A Via Marsala
Show all (6)
Report incorrect company information

Fuel Tech Financials and Metrics

Fuel Tech Financials

Fuel Tech's revenue was reported to be $45.17 m in FY, 2017
USD

Revenue (FY, 2017)

45.2 m

Gross profit (FY, 2017)

18 m

Gross profit margin (FY, 2017), %

39.9%

Market capitalization (23-Apr-2018)

31.5 m

Cash (31-Dec-2017)

8.4 m
Fuel Tech's current market capitalization is $31.5 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

109.3 m79 m73.7 m55.2 m45.2 m

Revenue growth, %

(28%)(7%)(25%)

Cost of goods sold

62.5 m43.9 m45.1 m36.4 m27.1 m

Gross profit

46.8 m35.1 m28.6 m18.8 m18 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

33.6 m18.7 m20.2 m21.5 m15.1 m18.7 m21.7 m17.8 m15.2 m12.6 m8.5 m9.7 m

Cost of goods sold

18.5 m10.8 m11.7 m11.6 m8.4 m11.5 m13.8 m11.8 m9.6 m7.3 m4.8 m6.1 m

Gross profit

15.1 m7.9 m8.5 m9.9 m6.7 m7.1 m7.8 m6 m5.6 m5.3 m3.7 m3.6 m

Gross profit Margin, %

45%42%42%46%44%38%36%34%37%42%44%37%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

27.7 m18.6 m21.7 m11.8 m8.4 m

Accounts Receivable

37 m31.9 m23.1 m18.8 m19.7 m

Inventories

443 k1.1 m1.7 m1 m945 k

Current Assets

69.3 m58.3 m52.4 m40.6 m33.7 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

23.7 m24.9 m16.9 m15.5 m18.3 m15 m14.4 m9.4 m12.4 m13.3 m10.2 m6.6 m

Inventories

538 k916 k1.4 m1.1 m1.6 m1.4 m1.4 m1.4 m1.5 m992 k1.2 m1.6 m

Current Assets

70.8 m67.1 m60.3 m58.3 m54.6 m54.3 m53.7 m46 m46.4 m43.4 m35.7 m31.2 m

Goodwill

21.1 m21.1 m28.5 m26.1 m2.1 m2.1 m2.1 m2.1 m2.1 m2.1 m2.1 m2.1 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

5.1 m(17.7 m)(12.4 m)

Depreciation and Amortization

2.2 m1.9 m2.1 m1.8 m1.3 m

Inventories

77 k(616 k)(560 k)446 k(134 k)

Accounts Payable

(3 m)(3.6 m)1.8 m(2.4 m)2.5 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

4.7 m(1.1 m)(1.8 m)(614 k)(1.7 m)(1.4 m)(289 k)(2.5 m)(9.4 m)

Depreciation and Amortization

1.7 m493 k944 k1.4 m755 k

Inventories

(19 k)(474 k)(856 k)(617 k)1.6 m1.4 m1.4 m1.4 m1.5 m992 k(570 k)

Accounts Payable

1.5 m(409 k)(2.5 m)(1.8 m)6.4 m9 m8.1 m8.6 m7.3 m5.8 m4.5 m(1.6 m)
USDY, 2017

Revenue/Employee

285.9 k

Financial Leverage

1.5 x
Show all financial metrics
Report incorrect company information

Fuel Tech News and Updates

Aviation Fuel Farms 2017 Global Key Players – Garsite, Dubai Aviation Engineering Company, Fuel Tech, San-ai-oil, Land and Marine Market Analysis And Forecast To 2022

Wiseguyreports.Com Adds “Aviation Fuel Farms Market -Market Demand, Growth, Opportunities, Manufacturers, Analysis of Top Key Players and Forecast to 2022” To Its Research Database. Posted via Industry Today. Follow us on Twitter @IndustryToday
Report incorrect company information