earnings
confidence high
sentiment negative
materiality 0.65
Fuel Tech Q4 net loss widens to $1.9M; FY 2024 revenue $25.1M at low end of guidance
FUEL TECH, INC.
- Q4 2024 revenue $5.3M (down 16% YoY); gross margin 42.3% vs 51.1%.
- Net loss $(1.9)M ($0.06/share) vs $(0.5)M loss in Q4 2023.
- FY 2024 revenue $25.1M (down 7% YoY); net loss $(1.9)M vs $(1.5)M.
- Cash & investments ~$30M, no debt; APC backlog $6.2M plus $1.6M new Q1 2025 awards.
- FUEL CHEM revenue flat; DGI demo at fish hatchery set for Q2 2025.