FTK - Flotek Industries, Inc.
NYSE
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Energy
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Oil & Gas Equipment & Services
Houston,
United States
Type: Equity
FTK price evolution
FTK
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $4.88 | $5.32 | $5.95 | |
| Short term investments | ||||
| Net receivables | $65.76 | $53.37 | $49.37 | $48.26 |
| Inventory | $12.74 | $12.14 | $13.87 | $12.84 |
| Total current assets | $86.29 | $79 | $78.27 | $76.45 |
| Long term investments | ||||
| Property, plant & equipment | $8.72 | $9.17 | $9.4 | $10.16 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | $77.03 | $77.58 | $81.07 | |
| Total investments | ||||
| Total assets | $160.65 | $156.04 | $155.85 | $157.51 |
| Current liabilities | ||||
| Accounts payable | $37.4 | $31.75 | $35.95 | $31.7 |
| Deferred revenue | $0.04 | $0.04 | $0.04 | |
| Short long term debt | $7.82 | $5.39 | $10.14 | |
| Total current liabilities | $44.74 | $42.63 | $44.78 | $47.78 |
| Long term debt | $7.14 | $7.14 | $7.74 | |
| Total noncurrent liabilities | $7.17 | $7.17 | $7.77 | |
| Total debt | $14.96 | $12.52 | $17.88 | |
| Total liabilities | $51.64 | $49.81 | $51.95 | $55.55 |
| Shareholders' equity | ||||
| Retained earnings | -$320.74 | -$323.27 | -$325.24 | -$326.81 |
| Other shareholder equity | $0.13 | $0.18 | $0.17 | $0.13 |
| Total shareholder equity | $106.23 | $103.9 | $101.96 | |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $5.95 | $12.39 | $13.32 | $39.32 |
| Short term investments | ||||
| Net receivables | $48.26 | $48.93 | $13.3 | $11.76 |
| Inventory | $12.84 | $15.72 | $9.45 | $11.84 |
| Total current assets | $76.45 | $81.09 | $42.6 | $66.45 |
| Long term investments | ||||
| Property, plant & equipment | $10.16 | $10.73 | $7.34 | $11.41 |
| Goodwill & intangible assets | $8.09 | |||
| Total noncurrent assets | $81.07 | $83.72 | $7.64 | $19.75 |
| Total investments | ||||
| Total assets | $157.51 | $164.81 | $50.24 | $86.21 |
| Current liabilities | ||||
| Accounts payable | $31.7 | $33.38 | $7.62 | $5.79 |
| Deferred revenue | $0.04 | $0.04 | $0.09 | $0.12 |
| Short long term debt | $10.14 | $108.78 | $2.08 | $4.74 |
| Total current liabilities | $47.78 | $151.37 | $18.78 | $28.86 |
| Long term debt | $7.74 | $2.75 | $11.18 | $10.06 |
| Total noncurrent liabilities | $7.77 | $10.84 | $11.28 | $10.18 |
| Total debt | $17.88 | $119.58 | $13.26 | $14.8 |
| Total liabilities | $55.55 | $162.21 | $30.05 | $39.04 |
| Shareholders' equity | ||||
| Retained earnings | -$326.81 | -$351.52 | -$309.21 | -$278.69 |
| Other shareholder equity | $0.13 | $0.18 | $0.08 | -$0.02 |
| Total shareholder equity | $101.96 | $2.6 | $20.19 | $47.17 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $49.74 | $46.15 | $40.37 | $42.19 |
| Cost of revenue | $36.98 | $31.55 | $32.76 | |
| Gross Profit | $9.12 | $9.17 | $8.82 | $9.43 |
| Operating activities | ||||
| Research & development | $0.48 | $0.41 | $0.26 | |
| Selling, general & administrative | $6.26 | $6.08 | $6.57 | |
| Total operating expenses | $6.4 | $6.95 | $6.71 | $7.05 |
| Operating income | $2.22 | $2.11 | $2.38 | |
| Income from continuing operations | ||||
| EBIT | $2.3 | $2.08 | $2.48 | |
| Income tax expense | $0.04 | $0.01 | $0.24 | $0.05 |
| Interest expense | -$0.26 | $0.31 | $0.28 | $0.32 |
| Net income | ||||
| Net income | $2.53 | $1.97 | $1.56 | $2.1 |
| Income (for common shares) | $1.97 | $1.56 | $2.1 | |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $188.06 | $136.09 | $43.27 | $53.14 |
| Cost of revenue | $163.79 | $142.79 | $40.01 | $88.27 |
| Gross Profit | $24.26 | -$6.7 | $3.26 | -$35.13 |
| Operating activities | ||||
| Research & development | $2.49 | $4.44 | $5.54 | $7.21 |
| Selling, general & administrative | $27.87 | $27.12 | $20.17 | $16.31 |
| Total operating expenses | $1.08 | $32.22 | $34.81 | $108.52 |
| Operating income | $23.18 | -$38.92 | -$31.55 | -$143.65 |
| Income from continuing operations | ||||
| EBIT | $27.72 | -$35.28 | -$30.49 | -$142.57 |
| Income tax expense | $0.15 | -$0.02 | -$0.04 | -$6.18 |
| Interest expense | $2.86 | $7.05 | $0.08 | $0.06 |
| Net income | ||||
| Net income | $24.71 | -$42.3 | -$30.53 | -$136.45 |
| Income (for common shares) | $24.71 | -$42.3 | -$30.53 | -$136.45 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Net income | $1.97 | $1.56 | $2.1 | |
| Operating activities | ||||
| Depreciation | $0.76 | $0.91 | $0.9 | |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $0.33 | $0.31 | $0.31 | |
| Total cash flows from operations | -$3.06 | $3.89 | -$2.05 | |
| Investing activities | ||||
| Capital expenditures | -$0.04 | -$0.15 | -$0.49 | |
| Investments | ||||
| Total cash flows from investing | -$0.46 | -$0.04 | -$0.15 | -$0.49 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $0.03 | $0.03 | $0.03 | |
| Net borrowings | $2.63 | -$4.43 | $4 | |
| Total cash flows from financing | -$6.33 | $2.65 | -$4.41 | $4 |
| Effect of exchange rate | $0.01 | $0.02 | $0.04 | -$0.07 |
| Change in cash and equivalents | -$0.85 | -$0.44 | -$0.63 | $1.4 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $24.71 | -$42.3 | -$30.53 | -$136.45 |
| Operating activities | ||||
| Depreciation | $3.75 | $0.96 | $1.29 | $3.77 |
| Business acquisitions & disposals | -$16.38 | |||
| Stock-based compensation | -$0.25 | $3.33 | $3.76 | $3.04 |
| Total cash flows from operations | -$11.3 | -$44.63 | -$25.84 | -$47.84 |
| Investing activities | ||||
| Capital expenditures | -$1.01 | $5.33 | $0.11 | -$1.32 |
| Investments | ||||
| Total cash flows from investing | -$1.01 | $5.33 | $0.11 | -$17.7 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | -$0.54 | $18.46 | $0.08 | $0.21 |
| Net borrowings | $6.74 | $20.03 | -$0.06 | $4.72 |
| Total cash flows from financing | $5.93 | $38.27 | -$0.37 | $3.73 |
| Effect of exchange rate | -$0.05 | $0.1 | $0.1 | -$0.1 |
| Change in cash and equivalents | -$6.44 | -$0.93 | -$26 | -$61.91 |
News
Fundamentals
| Market cap | $275.55M |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | 29.79M |
| Revenue | $178.46M |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | $8.17M |
| Revenue Q/Q | 5.23% |
| Revenue Y/Y | -8.05% |
| P/E ratio | 33.72 |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | 1.54 |
| P/B ratio | N/A |
| Book/Share | N/A |
| Cash/Share | N/A |
| EPS | $0.27 |
|---|---|
| ROA | 5.19% |
| ROE | N/A |
| Debt/Equity | 0.54 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 1.93 |
| Quick ratio | 1.64 |