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Fuel Tech Inc   (NASDAQ: FTEK)
Other Ticker:  
 
 
Price: $0.9660 $0.00 -0.412%
Day's High: $0.97 Week Perf: -1.17 %
Day's Low: $ 0.95 30 Day Perf: 0.02 %
Volume (M): 15 52 Wk High: $ 1.34
Volume (M$): $ 14 52 Wk Avg: $1.04
Open: $0.95 52 Wk Low: $0.88



 Market Capitalization (Millions $) 31
 Shares Outstanding (Millions) 32
 Employees -
 Revenues (TTM) (Millions $) 25
 Net Income (TTM) (Millions $) -2
 Cash Flow (TTM) (Millions $) -9
 Capital Exp. (TTM) (Millions $) 0

Fuel Tech Inc

We are a leading technology company engaged in the worldwide development, commercialization and application of state-of-the-art proprietary technologies for air pollution control, process optimization, combustion efficiency and advanced engineering services. These technologies enable our customers to operate efficiently in a cost-effective and environmentally sustainable manner. We operate as a fully integrated company with a capital projects business to leverage our Air Pollution Control (APC) technologies and a specialty chemicals business which builds upon our proprietary FUEL CHEM® processes. Both segments rely heavily on our unique ability to inject chemical slurries into combustion units, in precise concentrations and locations, to achieve a desired outcome.

Our APC technologies include advanced combustion modification techniques including low NOx burners and over fire air systems, along with post-combustion nitrogen oxide (NOx) control approaches, including NOxOUT® and HERT™ Selective Non-Catalytic Reduction (SNCR), Advanced Selective Catalytic Reduction (ASCR) system and I-NOxTM Integrated NOx Reduction Systems, which utilize various combined proprietary technologies to provide a cost effective alternative to high capital cost, standalone conventional SCR systems. Our patented ULTRA™ system generates ammonia on-site for SCR systems using safe urea reagent. Our SCR group provides process design optimization, performance testing and improvement, and catalyst selection services for SCR systems on coal-fired boilers. These technologies have established us as a leader in NOx reduction, with installations on over 1,000 units worldwide, where coal, fuel oil, natural gas, municipal waste, biomass, and other fuels are utilized. Our technologies for particulate control include Electrostatic Precipitator (ESP) products and services including ESP inspection services, performance modeling, and performance and efficiency upgrades, along with complete turnkey capability for ESP retrofits, with more than 60 major rebuilds on units up to 700 MW. Our flue gas conditioning (FGC) systems involve sulfur trioxide (SO3) and ammonia (NH3) conditioning to improve the performance of ESPs by modifying the properties of the fly ash particle. FGC systems offer a lower capital cost approach to improving ash particulate capture versus the alternative of installing larger ESPs or utilizing fabric filter technology to meet targeted emissions and opacity limits. Our particulate control technologies have been installed on more than 125 units worldwide.

APC technology service offerings include a range of combustion optimization services, including airflow testing, coal flow testing and boiler tuning, as well as services to help optimize SCR system performance, including catalyst management services and ammonia injection grid tuning. In addition, flow corrective devices and physical and computational modeling services are available to optimize flue gas distribution and mixing in both power plant and industrial applications.

Our FUEL CHEM technologies revolve around the unique application of chemical injection programs which improve the efficiency, reliability, fuel flexibility and environmental status of combustion units by controlling slagging, fouling, corrosion, opacity and acid plume, as well as the formation of sulfur trioxide (SO3), ammonium bisulfate, particulate matter (PM2.5), and carbon dioxide (CO2). We use our patented TIFI® Targeted In-Furnace Injection™ processes to apply specialty chemical programs to units burning a wide variety of fuels including coal, heavy oil, biomass, and municipal waste. These TIFI programs incorporate design, modeling, equipment, reagent, and service to provide complete customized on-site programs designed to improve plant operations and provide a return on investment in addition to helping meet emission regulatory requirements.

Many of our products and services rely heavily on our computational fluid dynamics and chemical kinetics modeling capabilities, which are enhanced by internally developed, high-end visualization software. These capabilities, coupled with our innovative technologies and multi-disciplined team approach, enable us to provide practical solutions to some of our customers most challenging issues.



   Company Address: 27601 Bella Vista Parkway Warrenville 60555 IL
   Company Phone Number: 845-4500   Stock Exchange / Ticker: NASDAQ FTEK


Customers Net Income fell by FTEK's Customers Net Profit Margin fell to

-40.2 %

2.44 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
DOV        7% 
ETN        11.29% 
ECL        2.84% 
FLR        7.76% 
GE        11.41% 
HUN        11.41% 
• View Complete Report
   



Product Service News

Balancing Innovation and Financial Metrics Fuel Tech?s Strategic Moves in the Fish Hatchery Market

Published Mon, Nov 4 2024 9:15 PM UTC

Fuel Tech: Embracing Innovation with DGI Technology Fuel Tech, Inc. (NASDAQ: FTEK), a renowned player in emissions control and water treatment technologies, has recently announced a promising initiative. The company s DGI (Dissolved Gas Infusion) technology has been chosen for an extended demonstration at a fish hatchery in the Western United States. This marks a significant...

Contract

Fuel Tech Expands Global Footprint with $7.6 Million in New Air Pollution Control Contracts

Published Tue, Aug 6 2024 8:11 PM UTC

In a strategic move underscoring its commitment to sustainable technology, Fuel Tech, Inc. (NASDAQ: FTEK), based in Warrenville, Illinois, has recently been awarded a pair of significant air pollution control (APC) contracts with a combined value of approximately $7.6 million. This remarkable achievement not only highlights the company?s growth trajectory but also reflects a...

Fuel Tech Inc

Fuel Tech Inc Marks Significant Profit Growth in Q1 2024, Despite Revenue Decline

Fuel Tech Inc (FTEK), a technology company specializing in advanced engineering for combustion systems optimization, emissions control, and water treatment solutions, has reported a significant turnaround in profits for the fiscal first quarter of 2024. The company presented EPS of $0.01 per share, compared to the negative EPS of $-0.01 per share in the previous year. Net profit per share also turned positive, with a significant improvement from $-0.02 per share in the preceding reporting period.
Despite a decline in revenue by -31.975% to $4.96 million from $7.29 million in the same reporting period a year ago, and a sequential fall of -21.875% from $6.35 million, the rest of the Industrial Machinery and Components sector experienced a rise in revenue during the first quarter of 2024. This demonstrates Fuel Tech Inc's ability to outperform its competitors, showcasing its resilience and strong market position.

Fuel Tech Inc

Concerns Mount as Fuel Tech Inc's Financial Performance Continues to Deteriorate

Fuel Tech Inc (NASDAQ: FTEK) has experienced a downward spiral in its financial performance, which has sparked concerns among investors. The company's fourth-quarter results for 2023 were dismal, with lower turnover leading to a significant drop in revenue and an increased loss. The loss per share jumped to $-0.02, compared to a meager profit of $0.01 in the preceding reporting season.
The year-on-year comparison reveals a worrisome trend, as revenue plummeted by a staggering -9.628% to $6.35 million. In contrast, the company had achieved a revenue of $7.99 million in the same period the previous year. This decline in revenue reflects management's inability to sustain growth and generate substantial profits.

Product Service News

Fuel Tech Inc's Commitment to Innovation and Sustainability Shines Through with $2.1 Million Air Pollution Control Orders

Published Mon, Mar 11 2024 8:25 PM UTC

Fuel Tech, Inc., a leading technology company specializing in advanced engineering for combustion systems optimization, emissions control, and water treatment solutions, has recently announced the receipt of air pollution control (APC) and Chemical Technologies orders from both new and existing customers across Europe, the United States, and the Caribbean. These orders have ...







Fuel Tech Inc's Segments
Air Pollution Control    41.06 % of total Revenue
Air Pollution Control Technology Solutions    32.53 % of total Revenue
Air Pollution Control Spare Parts    5.4 % of total Revenue
Air Pollution Control Ancillary Revenue    3.13 % of total Revenue
FUEL CHEM    58.94 % of total Revenue
FUEL CHEM Technology Solutions    58.94 % of total Revenue
UNITED STATES    69.46 % of total Revenue
Latin America    2.65 % of total Revenue
Europe    19.44 % of total Revenue
Asia    8.46 % of total Revenue
Non-US    30.54 % of total Revenue
Transferred at Point in Time    67.47 % of total Revenue
Transferred over Time    32.53 % of total Revenue





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