FUEL TECH, INC.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $45.2M | $55.2M | $73.7M | $79.0M | $109.3M | $97.6M | $93.7M | $81.8M |
| Cost of Revenue | $27.1M | $36.4M | $45.1M | $43.9M | $62.5M | $56.9M | $49.9M | $46.8M |
| Gross Profit | $18.0M | $18.8M | $28.6M | $35.1M | $46.8M | $40.7M | $43.8M | $35.0M |
| Gross Margin | 39.9% | 34.1% | 38.8% | 44.5% | 42.8% | 41.7% | 46.8% | 42.8% |
| Operating Expenses | ||||||||
| Research & Development | $1.1M | $1.8M | $1.4M | $1.5M | $2.4M | $2.9M | $1.5M | $948.0K |
| SG&A Expense | $20.9M | $25.6M | $30.9M | $35.4M | $36.4M | $32.7M | $33.4M | $30.9M |
| Operating Income | $-7.1M | $-12.0M | $-5.4M | $-25.2M | $8.0M | $5.2M | $9.6M | $3.9M |
| Operating Margin | -15.6% | -21.8% | -7.4% | -31.8% | 7.3% | 5.3% | 10.3% | 4.8% |
| Interest Expense | $0 | $0 | $27.0K | $125.0K | $56.0K | $93.0K | $148.0K | $143.0K |
| Pretax Income | $-7.1M | $-12.9M | $-5.8M | $-25.8M | $7.9M | $5.1M | $9.3M | $3.7M |
| Income Tax Expense | $-580.0K | $1.7M | $3.8M | $-8.1M | $2.8M | $2.3M | $3.1M | $1.9M |
| Net Income | $-10.4M | $-17.4M | $-12.4M | $-17.7M | $5.1M | $2.8M | $6.1M | $1.8M |
| Net Margin | -23.1% | -31.5% | -16.8% | -22.4% | 4.7% | 2.8% | 6.6% | 2.1% |
| EPS (Basic) | $-0.44 | $-0.01 | $-0.54 | $-0.78 | $0.23 | $0.12 | $0.26 | $0.07 |
| EPS (Diluted) | $-0.44 | $-0.74 | $-0.54 | $-0.78 | $0.23 | $0.12 | $0.25 | $0.07 |
| Shares Outstanding (Basic) | 23.9M | 23.4M | 23.1M | 22.8M | 22.3M | 22.7M | 24.1M | 24.2M |
| Shares Outstanding (Diluted) | 23.9M | 23.4M | 23.1M | 22.8M | 22.6M | 23.5M | 24.6M | 24.4M |
| Dividends Per Share | — | — | — | — | — | — | — | — |