Fuel Tech Q4 revenue up 37% to $7.2M; FY net loss $(2.3)M vs $(1.9)M prior year

FUEL TECH, INC.

Q4 consolidated revenue $7.2M (+37% YoY); net loss $(1.2)M ($(0.04)/share) vs $(1.9)M loss prior year.
FUEL CHEM segment revenue rose 37% in Q4; full-year revenue highest since 2018 at $4.9M in Q4.
APC segment backlog grew to $7.0M at year-end; data-center sales pipeline $75-100M.
Cash and investments totaled $31.8M; no outstanding debt.
New FUEL CHEM demo contract potential annual revenue $2.5-3.0M at historic margins.

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