Fuel Tech, Inc.FTEK
What Fuel Tech, Inc. does.
As used in this Annual Report on Form 10-K, the terms “we,” “us,” or “our,” refer to Fuel Tech, Inc. and our wholly owned subsidiaries.
We are a leading technology company engaged in the worldwide development, commercialization and application of sustainable state-of-the-art proprietary technologies for air pollution control, process optimization, water treatment and advanced engineering services. These technologies enable our customers to operate efficiently in a cost-effective and environmentally sustainable manner.
The Company’s nitrogen oxide (NOx) reduction technologies include NOxOUT ® and Advanced Selective Non-Catalytic Reduction (SNCR) systems and ASCR ® Advanced Selective Catalytic Reduction systems. SCR reagent supply systems include the ULTRA ® and U2A processes for safe ammonia generation and UDI™ Urea Direct Injection systems, along with aqueous and anhydrous ammonia storage and delivery systems. These technologies have established Fuel Tech as a leader in NOx reduction, with installations on over 2,000 units worldwide.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $22.6M | $24.3M | $26.9M | $27.1M | $25.1M | $26.7M |
| Net income | -$4.3M | $54,000 | -$1.4M | -$1.5M | -$1.9M | -$2.3M |
| Free cash flow | -$3.0M | $677,000 | -$4.3M | $278,000 | -$3.8M | $2.3M |
More on FTEK.
- Fuel Tech, Inc. summary
- Fuel Tech, Inc. financial statements
- Fuel Tech, Inc. key metrics
- Fuel Tech, Inc. health scores and style box
- Fuel Tech, Inc. earnings
- Fuel Tech, Inc. dividends
- Fuel Tech, Inc. valuation
- Fuel Tech, Inc. ownership and insiders
- Fuel Tech, Inc. peers
Figures from Fuel Tech, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.