Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 4 highly experienced directors. Independent Director Sharon Jones was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 24
Fuel Tech, Inc. to Report Q1, 2026 Results on May 05, 2026 Fuel Tech, Inc. announced that they will report Q1, 2026 results After-Market on May 05, 2026 Announcement • Apr 14
Fuel Tech, Inc., Annual General Meeting, Jun 04, 2026 Fuel Tech, Inc., Annual General Meeting, Jun 04, 2026. Location: the offices of fuel tech, inc., 27601 bella vista parkway, warrenville, illinois 60555., United States Announcement • Feb 20
Fuel Tech, Inc. to Report Q4, 2025 Results on Mar 03, 2026 Fuel Tech, Inc. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Mar 03, 2026 Announcement • Nov 06
Fuel Tech, Inc. (NasdaqCM:FTEK) acquired All of the intellectual property assets and customer-related activities of Wahlco, Inc. for $0.35 million. Fuel Tech, Inc. (NasdaqCM:FTEK) acquired All of the intellectual property assets and customer-related activities of Wahlco, Inc. for $0.35 million in the third quarter of 2025.
Fuel Tech, Inc. (NasdaqCM:FTEK) completed the acquisition of All of the intellectual property assets and customer-related activities of Wahlco, Inc. in the third quarter of 2025. Announcement • Oct 24
Fuel Tech, Inc. to Report Q3, 2025 Results on Nov 04, 2025 Fuel Tech, Inc. announced that they will report Q3, 2025 results After-Market on Nov 04, 2025 Announcement • Jul 25
Fuel Tech, Inc. to Report Q2, 2025 Results on Aug 05, 2025 Fuel Tech, Inc. announced that they will report Q2, 2025 results After-Market on Aug 05, 2025 Announcement • Apr 30
Fuel Tech, Inc. to Report Q1, 2025 Results on May 12, 2025 Fuel Tech, Inc. announced that they will report Q1, 2025 results After-Market on May 12, 2025 Announcement • Apr 22
Fuel Tech, Inc., Annual General Meeting, Jun 05, 2025 Fuel Tech, Inc., Annual General Meeting, Jun 05, 2025. Location: 27601 bella vista parkway, warrenville, illinois 60555, United States Announcement • Feb 25
Fuel Tech, Inc. to Report Q4, 2024 Results on Mar 04, 2025 Fuel Tech, Inc. announced that they will report Q4, 2024 results After-Market on Mar 04, 2025 Reported Earnings • Nov 08
Third quarter 2024 earnings released: EPS: US$0.003 (vs US$0.015 in 3Q 2023) Third quarter 2024 results: EPS: US$0.003 (down from US$0.015 in 3Q 2023). Revenue: US$7.85m (down 1.7% from 3Q 2023). Net income: US$80.0k (down 83% from 3Q 2023). Profit margin: 1.0% (down from 5.7% in 3Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Announcement • Oct 29
Fuel Tech, Inc. to Report Q3, 2024 Results on Nov 06, 2024 Fuel Tech, Inc. announced that they will report Q3, 2024 results After-Market on Nov 06, 2024 Reported Earnings • Aug 07
Second quarter 2024 earnings released: US$0.014 loss per share (vs US$0.034 loss in 2Q 2023) Second quarter 2024 results: US$0.014 loss per share (improved from US$0.034 loss in 2Q 2023). Revenue: US$7.04m (up 29% from 2Q 2023). Net loss: US$421.0k (loss narrowed 60% from 2Q 2023). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 19% per year. Announcement • Jul 26
Fuel Tech, Inc. to Report Q2, 2024 Results on Aug 06, 2024 Fuel Tech, Inc. announced that they will report Q2, 2024 results After-Market on Aug 06, 2024 Reported Earnings • May 08
First quarter 2024 earnings released: EPS: US$0.009 (vs US$0.014 loss in 1Q 2023) First quarter 2024 results: EPS: US$0.009 (up from US$0.014 loss in 1Q 2023). Revenue: US$4.96m (down 32% from 1Q 2023). Net income: US$281.0k (up US$695.0k from 1Q 2023). Profit margin: 5.7% (up from net loss in 1Q 2023). The move to profitability was driven by lower expenses. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Announcement • Apr 28
Fuel Tech, Inc. to Report Q1, 2024 Results on May 07, 2024 Fuel Tech, Inc. announced that they will report Q1, 2024 results After-Market on May 07, 2024 Announcement • Apr 16
Fuel Tech, Inc., Annual General Meeting, Jun 06, 2024 Fuel Tech, Inc., Annual General Meeting, Jun 06, 2024, at 10:00 Central Standard Time. Location: 27601 Bella Vista Parkway Warrenville, Illinois 60555 Illinois United States Agenda: To elect four directors; to approve an amendment to Certificate of Incorporation to increase the number of authorized shares of common stock to 60 million shares; to approve the Fuel Tech, Inc. 2024 Long-Term Incentive Plan; to ratify the appointment of RSM US LLP as independent registered public accounting firm; to conduct an advisory vote to approve executive compensation; and to consider other business issues. Reported Earnings • Mar 12
Full year 2023 earnings released: US$0.051 loss per share (vs US$0.048 loss in FY 2022) Full year 2023 results: US$0.051 loss per share (further deteriorated from US$0.048 loss in FY 2022). Revenue: US$27.1m (flat on FY 2022). Net loss: US$1.54m (loss widened 6.7% from FY 2022). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Announcement • Feb 28
Fuel Tech, Inc. to Report Q4, 2023 Results on Mar 11, 2024 Fuel Tech, Inc. announced that they will report Q4, 2023 results at 4:00 PM, US Eastern Standard Time on Mar 11, 2024 New Risk • Nov 10
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: US$1.4m Forecast net loss in 3 years: US$651k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$651k net loss in 3 years). Market cap is less than US$100m (€30.5m market cap, or US$32.5m). Reported Earnings • Nov 09
Third quarter 2023 earnings released: EPS: US$0.015 (vs US$0.01 in 3Q 2022) Third quarter 2023 results: EPS: US$0.015 (up from US$0.01 in 3Q 2022). Revenue: US$7.99m (flat on 3Q 2022). Net income: US$459.0k (up 46% from 3Q 2022). Profit margin: 5.7% (up from 3.9% in 3Q 2022). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Announcement • Oct 31
Fuel Tech, Inc. to Report Q3, 2023 Results on Nov 07, 2023 Fuel Tech, Inc. announced that they will report Q3, 2023 results at 4:00 PM, US Eastern Standard Time on Nov 07, 2023 Reported Earnings • Aug 09
Second quarter 2023 earnings released: US$0.034 loss per share (vs US$0.012 loss in 2Q 2022) Second quarter 2023 results: US$0.034 loss per share (further deteriorated from US$0.012 loss in 2Q 2022). Revenue: US$5.46m (down 14% from 2Q 2022). Net loss: US$1.04m (loss widened 193% from 2Q 2022). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Announcement • Aug 09
Fuel Tech, Inc. Provides Revenue Guidance for the Year 2023 Fuel Tech, Inc. provided revenue guidance for the year 2023. The company remains optimistic about its outlook for the year and continue to expect that total revenue for full year 2023 will improve modestly from 2022, driven primarily by APC business. Announcement • Jul 29
Fuel Tech, Inc. to Report Q2, 2023 Results on Aug 08, 2023 Fuel Tech, Inc. announced that they will report Q2, 2023 results After-Market on Aug 08, 2023 Reported Earnings • May 11
First quarter 2023 earnings released: US$0.014 loss per share (vs US$0.033 loss in 1Q 2022) First quarter 2023 results: US$0.014 loss per share (improved from US$0.033 loss in 1Q 2022). Revenue: US$7.29m (up 32% from 1Q 2022). Net loss: US$414.0k (loss narrowed 59% from 1Q 2022). Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • May 10
Fuel Tech, Inc. Provides Earnings Guidance for the Year 2023 Fuel Tech, Inc. provided earnings guidance for the year 2023. The company remains optimistic about outlook for the year and continue to expect that total revenue for full year 2023 will improve modestly from 2022. Reported Earnings • Mar 09
Full year 2022 earnings released: US$0.048 loss per share (vs US$0.002 profit in FY 2021) Full year 2022 results: US$0.048 loss per share (down from US$0.002 profit in FY 2021). Revenue: US$26.9m (up 11% from FY 2021). Net loss: US$1.44m (down US$1.50m from profit in FY 2021). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Independent Director Sharon Jones was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 10
Third quarter 2022 earnings released: EPS: US$0.01 (vs US$0.022 in 3Q 2021) Third quarter 2022 results: EPS: US$0.01 (down from US$0.022 in 3Q 2021). Revenue: US$8.02m (up 6.1% from 3Q 2021). Net income: US$314.0k (down 54% from 3Q 2021). Profit margin: 3.9% (down from 9.0% in 3Q 2021). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Announcement • Nov 02
Fuel Tech, Inc. to Report Q3, 2022 Results on Nov 08, 2022 Fuel Tech, Inc. announced that they will report Q3, 2022 results After-Market on Nov 08, 2022 Board Change • Sep 23
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Independent Director Sharon Jones was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Aug 05
Fuel Tech, Inc. to Report Q2, 2022 Results on Aug 10, 2022 Fuel Tech, Inc. announced that they will report Q2, 2022 results After-Market on Aug 10, 2022 Announcement • Jun 25
Fuel Tech, Inc. Announces Commencement of Operations of New FUEL CHEM TIFI Targeted In-Furnace Injection System at a Coal-Fired Unit in the Western United States Fuel Tech, Inc. commenced operation of a new TIFI Targeted In-Furnace Injection system at a coal-fired unit in the western United States. FUEL CHEM’s TIFI® technology is allowing this customer to burn a more cost-efficient variety of coal than the unit is designed to burn, as they seek to generate power and optimize profitability at full-capacity levels during the high demand summer months. Initial results in reducing slagging and fouling at this facility have been promising. The revenue potential at this facility, represented by chemical sales, will be driven by power demand and unit dispatch. If the program continues to be successful, FUEL TECH expects that this one new facility will generate full year 2022 revenues of $500,000 to $1.0 million along with historic FUEL CHEM gross margins. FUEL CHEM’s TIFI® offers a variety of benefits for coal-fired facilities, including: Fuel flexibility where unit owners are finding that they cannot keep their traditional long-term source of coal in inventory. Enabling coal unit dispatch where high natural gas prices are providing the opportunity for coal units to bid into regional power markets. The maximation of uptime for units running at high-capacity loads while using fuels that are difficult to burn. A zero-capital investment approach where customers only pay for FUEL CHEM’s TIFI® technology when it is needed. Announcement • Apr 12
Fuel Tech, Inc., Annual General Meeting, Jun 02, 2022 Fuel Tech, Inc., Annual General Meeting, Jun 02, 2022, at 10:00 Central Standard Time. Location: 27601 Bella Vista Parkway Warrenville Illinois United States Agenda: To elect four directors; to ratify the appointment of RSM US LLP as Fuel Tech’s independent registered public accounting firm; to conduct an advisory vote to approve executive compensation; and to transact any other business that may properly come before the meeting or at any adjournment thereof. Announcement • Mar 01
Fuel Tech, Inc. to Report Q4, 2021 Results on Mar 08, 2022 Fuel Tech, Inc. announced that they will report Q4, 2021 results After-Market on Mar 08, 2022 Announcement • Mar 10
Fuel Tech, Inc. to Report Q4, 2020 Results on Mar 15, 2021 Fuel Tech, Inc. announced that they will report Q4, 2020 results After-Market on Mar 15, 2021 Announcement • Feb 19
Fuel Tech, Inc. announced that it has received $25.8125 million in funding On February 17, 2021, Fuel Tech, Inc. (NasdaqCM:FTEK) closed the transaction. Announcement • Nov 05
Fuel Tech, Inc. to Report Q3, 2020 Results on Nov 10, 2020 Fuel Tech, Inc. announced that they will report Q3, 2020 results on Nov 10, 2020 Announcement • Sep 26
Fuel Tech, Inc. Appoints Bradley W. Johnson as General Counsel and Secretary Effective October 1, 2020 Fuel Tech, Inc. announced that Bradley W. Johnson formerly Assistant General Counsel of Fuel Tech, has been elected Vice President, General Counsel and Secretary of Fuel Tech effective October 1, 2020. Mr. Johnson succeeds Albert G. Grigonis, Senior Vice President, General Counsel and Secretary, who is retiring on September 30, 2020 after 17 years of service to the Company. Mr. Johnson joined Fuel Tech in 2008, serving as Corporate Counsel until December 2009, and thereafter as Assistant General Counsel. Prior to joining Fuel Tech, Mr. Johnson counseled clients in private practice where he gained extensive experience representing companies in a variety of matters including securities law, intellectual property, and mergers and acquisitions. Announcement • Sep 24
Fuel Tech Announces Listing Transfer to NASDAQ Capital Market and 180 Day Extension to Regain Compliance With Minimum Bid Requirement Fuel Tech, Inc. announced that on September 22, 2020, the NASDAQ Stock Market (“NASDAQ”) approved the Company’s application to transfer its listing from NASDAQ’s Global Select tier to the Capital Market tier. In connection with the transfer to the Capital Market tier, NASDAQ also granted the Company an additional 180 calendar day grace period to regain compliance with the minimum bid requirement of NASDAQ Marketplace Rule 5450(a)(1) (the “Rule”) for continued listing. The NASDAQ Capital Market® is one of the three markets for NASDAQ-listed stocks and operates in the same manner as the NASDAQ Global Select Market®. Companies listed on the NASDAQ Capital Market must meet certain financial requirements and adhere to NASDAQ's corporate governance standards. The transfer is expected to be effective at the opening of business on, September 23, 2020. As previously reported, the Company was notified by NASDAQ on January 7, 2020 that the bid price for its Common Stock was not in compliance with the Rule. At that time, NASDAQ gave the Company 180 calendar days to regain compliance; this was subsequently extended to September 18, 2020. The Company has until March 17, 2021, to demonstrate compliance with the minimum bid price requirement for continued listing. The Company will regain compliance with the Rule if at any time before March 17, 2021, the bid price for the Company’s Common Stock closes at or above $1.00 per share for a minimum of 10 consecutive business days. The Company intends to monitor the closing bid price of its Common Stock and has given written assurance to NASDAQ that it will, if necessary, implement available options to regain compliance with the minimum bid price requirement under the Rule, including a reverse stock split within the range previously approved by stockholders. Announcement • Aug 07
Fuel Tech, Inc. to Report Q2, 2020 Results on Aug 11, 2020 Fuel Tech, Inc. announced that they will report Q2, 2020 results at 5:00 PM, Eastern Standard Time on Aug 11, 2020