Financial Snapshot

Revenue
$16.22M
TTM
Gross Margin
31.88%
TTM
Net Earnings
-$245.6K
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
190.4%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$1.914M
Q3 2024
Cash
Q3 2024
P/E
-293.1
Nov 13, 2024 EST
Free Cash Flow
$15.69M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Revenue $17.94M $21.62M $13.01M $8.158M $11.42M $12.30M $27.50M $32.35M $12.63M $2.794M $1.670M $790.0K $460.0K $80.00K $10.00K $110.0K $590.0K $840.0K $330.0K $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -17.02% 66.15% 59.49% -28.54% -7.15% -55.29% -14.98% 156.06% 352.07% 67.32% 111.39% 71.74% 475.0% 700.0% -90.91% -81.36% -29.76% 154.55%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Revenue $17.94M $21.62M $13.01M $8.158M $11.42M $12.30M $27.50M $32.35M $12.63M $2.794M $1.670M $790.0K $460.0K $80.00K $10.00K $110.0K $590.0K $840.0K $330.0K $0.00 $0.00 $0.00 $0.00 $0.00
Cost Of Revenue $12.17M $14.60M $7.939M $5.440M $8.335M $9.148M $19.02M $23.03M $8.630M $1.483M $370.0K $230.0K $440.0K $0.00 $0.00 $60.00K $200.0K $550.0K $210.0K $0.00
Gross Profit $5.768M $6.100M $5.073M $2.718M $3.082M $3.148M $8.482M $9.315M $4.002M $1.311M $1.300M $550.0K $10.00K $10.00K $10.00K $50.00K $400.0K $290.0K $120.0K $0.00
Gross Profit Margin 32.15% 28.21% 38.99% 33.32% 26.99% 25.6% 30.85% 28.8% 31.68% 46.91% 77.84% 69.62% 2.17% 12.5% 100.0% 45.45% 67.8% 34.52% 36.36%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Selling, General & Admin $14.21M $6.117M $5.934M $5.936M $6.429M $5.895M $8.471M $7.257M $4.153M $6.497M $4.120M $2.640M $5.620M $2.220M $5.390M $2.530M $2.600M $5.290M $480.0K $0.00 $0.00 $0.00 $10.00K $10.00K
YoY Change 132.23% 3.09% -0.02% -7.67% 9.06% -30.42% 16.72% 74.77% -36.08% 57.69% 56.06% -53.02% 153.15% -58.81% 113.04% -2.69% -50.85% 1002.08% -100.0% 0.0%
% of Gross Profit 246.3% 100.29% 116.97% 218.37% 208.61% 187.24% 99.87% 77.91% 103.76% 495.62% 316.92% 480.0% 56200.0% 22200.0% 53900.0% 5060.0% 650.0% 1824.14% 400.0%
Research & Development $340.0K $410.0K $760.0K
YoY Change -17.07% -46.05%
% of Gross Profit 26.15% 74.55% 7600.0%
Depreciation & Amortization $12.93K $11.68K $68.46K $188.7K $516.1K $658.1K $884.1K $469.8K $131.7K $387.1K $180.0K $420.0K $30.00K $30.00K $150.0K $850.0K $240.0K $150.0K $120.0K
YoY Change 10.69% -82.94% -63.72% -63.44% -21.58% -25.56% 88.21% 256.6% -65.97% 115.07% -57.14% 1300.0% 0.0% -80.0% -82.35% 254.17% 60.0% 25.0%
% of Gross Profit 0.22% 0.19% 1.35% 6.94% 16.75% 20.9% 10.42% 5.04% 3.29% 29.53% 13.85% 76.36% 300.0% 300.0% 1500.0% 1700.0% 60.0% 51.72% 100.0%
Operating Expenses $14.43M $6.117M $5.934M $5.936M $6.429M $5.895M $8.471M $7.257M $6.356M $7.789M $5.520M $3.740M $5.880M $2.220M $5.390M $2.530M $2.600M $5.290M $480.0K $0.00 $0.00 $0.00 $10.00K $10.00K
YoY Change 135.83% 3.09% -0.02% -7.67% 9.06% -30.42% 16.72% 14.18% -18.4% 41.1% 47.59% -36.39% 164.86% -58.81% 113.04% -2.69% -50.85% 1002.08% -100.0% 0.0%
Operating Profit -$8.658M -$17.42K -$861.0K -$3.217M -$3.347M -$2.746M $11.05K $2.058M -$2.354M -$6.478M -$4.220M -$3.190M -$5.870M -$2.210M -$5.380M -$2.480M -$2.200M -$5.000M -$360.0K $0.00
YoY Change 49601.35% -97.98% -73.24% -3.87% 21.87% -24954.21% -99.46% -187.43% -63.67% 53.51% 32.29% -45.66% 165.61% -58.92% 116.94% 12.73% -56.0% 1288.89%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Interest Expense $1.362M $1.570M $41.32K $41.43K -$2.391M -$1.975M -$2.155M -$3.817M -$6.214M -$2.725M -$710.0K -$260.0K -$50.00K -$150.0K -$280.0K -$270.0K -$180.0K -$80.00K $0.00 $0.00 $0.00
YoY Change -13.25% 3700.78% -0.27% -101.73% 21.08% -8.33% -43.55% -38.58% 128.07% 283.73% 173.08% 420.0% -66.67% -46.43% 3.7% 50.0% 125.0%
% of Operating Profit -19498.37% -185.49%
Other Income/Expense, Net $15.04M -$801.5K -$531.4K $23.54K -$374.5K -$29.00K -$219.3K -$226.0K -$4.359M $4.195M $0.00 $190.0K $200.0K $150.0K $0.00
YoY Change -1975.9% 50.82% -2357.6% -106.29% 1191.24% -86.78% -2.95% -94.81% -203.9% -5.0% 33.33%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Pretax Income $6.377M -$1.563M -$3.610M -$5.816M -$6.083M -$4.795M -$2.363M -$16.09M -$14.26M -$5.008M -$4.850M -$3.980M -$9.470M -$4.120M -$9.310M -$2.980M -$2.390M -$5.080M -$360.0K $0.00 $0.00 $0.00 -$10.00K -$10.00K
YoY Change -507.89% -56.69% -37.93% -4.4% 26.88% 102.91% -85.32% 12.82% 184.8% 3.25% 21.86% -57.97% 129.85% -55.75% 212.42% 24.69% -52.95% 1311.11% -100.0% 0.0%
Income Tax $473.2K $18.00K $23.00K $10.00K $14.00K $22.15K $540.4K -$472.7K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income 7.42%
Net Earnings $5.904M -$1.581M -$3.633M -$5.826M -$6.097M -$4.817M -$2.903M -$15.62M -$14.26M -$5.008M -$4.850M -$3.880M -$9.500M -$4.120M -$9.310M -$2.980M -$2.390M -$5.080M -$360.0K $0.00 $0.00 $0.00 -$10.00K -$10.00K
YoY Change -473.32% -56.47% -37.64% -4.46% 26.59% 65.91% -81.41% 9.51% 184.8% 3.25% 25.0% -59.16% 130.58% -55.75% 212.42% 24.69% -52.95% 1311.11% -100.0% 0.0%
Net Earnings / Revenue 32.91% -7.31% -27.92% -71.41% -53.41% -39.17% -10.56% -48.28% -112.9% -179.21% -290.42% -491.14% -2065.22% -5150.0% -93100.0% -2709.09% -405.08% -604.76% -109.09%
Basic Earnings Per Share $0.06 -$0.02
Diluted Earnings Per Share $0.06 -$0.02 -$42.31K -$74.86K -$79.67K -$63.26K -$38.68K -$308.4K -$322.9K -$127.9K -$141.5K -$117.1K -$323.9K -$2.861M -$8.026M -$8.514M -$6.829M -$14.94M -$2.571M $0.00 $0.00 $0.00 -$142.9K -$142.9K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Cash & Short-Term Investments $20.94M $1.504M $1.388M $591.0K $1.499M $584.9K $2.418M $7.752M $1.083M $7.212M $510.0K $190.0K $100.0K $10.00K $180.0K $30.00K $10.00K $0.00 $60.00K $0.00 $0.00 $0.00 $10.00K $10.00K
YoY Change 1292.06% 8.35% 134.9% -60.58% 156.34% -75.82% -68.8% 615.56% -84.98% 1314.14% 168.42% 90.0% 900.0% -94.44% 500.0% 200.0% -100.0% -100.0% 0.0%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $183.6K $267.4K $312.0K $95.19K $316.2K $171.1K $348.4K $199.5K $161.8K $140.6K $60.00K $70.00K $30.00K $0.00 $160.0K $110.0K $20.00K $30.00K $250.0K $340.0K
YoY Change -31.33% -14.3% 227.78% -69.9% 84.8% -50.89% 74.64% 23.29% 15.12% 134.27% -14.29% 133.33% -100.0% 45.45% 450.0% -33.33% -88.0% -26.47%
Inventory $795.2K $991.1K $1.075M $560.1K $513.5K $509.4K $659.6K $609.1K $2.716M $5.785M $0.00 $40.00K $30.00K $0.00 $0.00 $20.00K $50.00K $130.0K
Prepaid Expenses
Receivables $2.233M $2.778M $1.015M $1.116M $1.223M $1.642M $2.931M $3.553M $1.151M $411.0K $380.0K $270.0K $210.0K $0.00 $0.00 $160.0K $310.0K $60.00K $60.00K
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $24.15M $5.540M $3.791M $2.362M $3.552M $2.908M $6.358M $12.11M $5.112M $13.55M $960.0K $570.0K $370.0K $10.00K $340.0K $310.0K $350.0K $140.0K $500.0K $0.00 $0.00 $0.00 $10.00K $10.00K
YoY Change 335.92% 46.15% 60.46% -33.49% 22.16% -54.27% -47.51% 136.97% -62.27% 1311.31% 68.42% 54.05% 3600.0% -97.06% 9.68% -11.43% 150.0% -72.0% -100.0% 0.0%
Property, Plant & Equipment $1.607M $1.880M $2.220M $2.683M $3.189M $2.398M $2.729M $2.569M $1.243M $255.3K $170.0K $340.0K $1.570M $40.00K $70.00K $20.00K $170.0K $250.0K $80.00K
YoY Change -14.55% -15.29% -17.27% -15.87% 33.0% -12.14% 6.21% 106.63% 387.0% 50.19% -50.0% -78.34% 3825.0% -42.86% 250.0% -88.24% -32.0% 212.5%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $5.180K $10.18K $10.18K $12.26K $500.0K $4.060K $0.00 $720.0K $160.0K $40.00K $0.00
YoY Change -49.12% 0.0% -16.97% 12215.27% -100.0% 350.0% 300.0%
Total Long-Term Assets $3.316M $3.800M $4.344M $5.014M $5.721M $5.131M $5.698M $3.765M $2.204M $1.490M $960.0K $580.0K $1.690M $50.00K $4.750M $8.650M $560.0K $780.0K $930.0K $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -12.74% -12.53% -13.36% -12.36% 11.5% -9.95% 51.37% 70.82% 47.87% 55.25% 65.52% -65.68% 3280.0% -98.95% -45.09% 1444.64% -28.21% -16.13%
Total Assets $27.47M $9.340M $8.135M $7.376M $9.273M $8.039M $12.06M $15.88M $7.315M $15.04M $1.920M $1.150M $2.060M $60.00K $5.090M $8.960M $910.0K $920.0K $1.430M $0.00 $0.00 $0.00 $10.00K $10.00K
YoY Change
Accounts Payable $1.558M $2.947M $2.268M $1.612M $1.677M $1.858M $1.796M $4.364M $1.235M $1.175M $900.0K $530.0K $370.0K $90.00K $110.0K $200.0K $340.0K $360.0K $190.0K $20.00K
YoY Change -47.11% 29.95% 40.68% -3.86% -9.77% 3.49% -58.85% 253.28% 5.16% 30.5% 69.81% 43.24% 311.11% -18.18% -45.0% -41.18% -5.56% 89.47% 850.0%
Accrued Expenses $20.09K $110.7K $902.6K $1.516M $966.5K $652.8K $77.50K $78.75K $0.00 $370.0K $220.0K $660.0K $860.0K $930.0K $770.0K $580.0K $300.0K $130.0K $40.00K
YoY Change -81.86% -87.73% -40.46% 56.85% 48.05% 742.3% -1.59% -100.0% 68.18% -66.67% -23.26% -7.53% 20.78% 32.76% 93.33% 130.77% 225.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $12.14M $0.00 $0.00 $0.00 $3.961M $0.00 $0.00 $0.00 $50.00K $50.00K $220.0K $110.0K $0.00 $10.00K $1.070M $520.0K $70.00K $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -100.0% -100.0% -100.0% 0.0% -77.27% 100.0% -100.0% -99.07% 105.77% 642.86%
Long-Term Debt Due $0.00 $2.680K $63.92K $1.043M $63.42K $61.18K $1.540M $2.518M $3.080M $300.0K $320.0K $150.0K $0.00
YoY Change -100.0% -95.81% -93.87% 1545.06% 3.66% -96.03% -38.86% -18.25% 926.79% -6.25% 113.33%
Total Short-Term Liabilities $2.183M $3.225M $15.48M $3.359M $3.854M $2.742M $6.580M $6.572M $6.972M $11.25M $1.880M $2.330M $2.780M $1.140M $1.170M $1.050M $2.060M $1.250M $470.0K $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -32.29% -79.17% 360.97% -12.84% 40.56% -58.33% 0.12% -5.73% -38.03% 498.39% -19.31% -16.19% 143.86% -2.56% 11.43% -49.03% 64.8% 165.96%
Long-Term Debt $11.22M $9.883M $0.00 $14.52M $11.16M $13.92M $9.901M $12.96M $3.265M $2.439M $4.680M $2.570M $0.00 $220.0K $2.500M $2.370M $440.0K $400.0K $360.0K $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change 13.52% -100.0% 30.15% -19.84% 40.58% -23.63% 297.03% 33.88% -47.89% 82.1% -100.0% -91.2% 5.49% 438.64% 10.0% 11.11%
Other Long-Term Liabilities $14.85M $3.650M $2.891M $2.700M $3.136M $10.02M $0.00 $270.0K $130.0K $0.00
YoY Change 306.84% 26.23% 7.09% -13.91% -100.0% 107.69%
Total Long-Term Liabilities $26.07M $13.53M $2.891M $17.22M $14.29M $13.92M $9.901M $12.96M $13.29M $2.439M $4.950M $2.700M $0.00 $220.0K $2.500M $2.370M $440.0K $400.0K $360.0K $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change 92.63% 368.05% -83.21% 20.48% 2.69% 40.58% -23.63% -2.44% 444.87% -50.73% 83.33% -100.0% -91.2% 5.49% 438.64% 10.0% 11.11%
Total Liabilities $28.25M $16.76M $18.37M $20.58M $18.15M $16.66M $16.48M $19.54M $20.26M $19.62M $6.830M $5.040M $2.780M $1.360M $3.670M $3.420M $2.500M $1.650M $830.0K $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change 68.59% -8.8% -10.72% 13.41% 8.93% 1.09% -15.64% -3.58% 3.24% 187.31% 35.52% 81.29% 104.41% -62.94% 7.31% 36.8% 51.52% 98.8%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Basic Shares Outstanding 94.17M shares 90.03M shares
Diluted Shares Outstanding 97.45M shares 90.03M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $71.971 Million

About Birchtech Corp.

Midwest Energy Emissions Corp. is an environmental services and technology company, which engages in the development of mercury emission control technologies. The company is headquartered in Corsicana, Texas and currently employs 9 full-time employees. The company went IPO on 2003-08-29. The firm provides mercury capture solutions driven by its patented two-part Sorbent Enhancement Additive (SEA) process using a combination of science and engineering. Its SEA technology provides total mercury control with solutions that are based on scientific understanding of actual and probable interactions involved in mercury capture in coal-fired flue gas. The company designs systems and materials tailored and formulated specifically to each customer’s coal-fired units. Its two-pronged solution consists of front-end additives put on the coal or directly into the boiler in minimal amounts combined with a back-end sorbent injection solution to ensure maximum mercury capture. Its processes also preserve fly ash which can be sold and recycled for beneficial use.

Industry: Measuring & Controlling Devices, NEC Peers: Aqua Metals Inc Avalon Holdings Corp BION ENVIRONMENTAL TECHNOLOGIES INC Fuel Tech Inc Pacific Green Technologies Inc TOMI Environmental Solutions Inc Team Inc Waste Management Inc Vivakor Inc