Financial Snapshot

Revenue
$178.5M
TTM
Gross Margin
20.6%
TTM
Net Earnings
$8.236M
TTM
Current Assets
$86.29M
Q3 2024
Current Liabilities
$44.74M
Q3 2024
Current Ratio
192.89%
Q3 2024
Total Assets
$160.6M
Q3 2024
Total Liabilities
$51.64M
Q3 2024
Book Value
$109.0M
Q3 2024
Cash
$4.997M
Q3 2024
P/E
31.98
Dec 04, 2024 EST
Free Cash Flow
$2.897M
TTM

Revenues

Revenues

Revenue YoY Change

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 $188.1M $136.1M $43.27M $53.14M $119.4M $177.8M $317.1M $262.8M $334.4M $449.2M $371.1M $312.8M $258.8M $147.0M $112.6M $226.1M $158.0M $100.6M $52.90M $21.90M $14.80M $11.30M $12.60M $0.00
YoY Change 38.18% 214.53% -18.58% -55.48% -32.86% -43.94% 20.65% -21.39% -25.56% 21.05% 18.62% 20.88% 76.07% 30.53% -50.2% 43.1% 57.06% 90.17% 141.55% 47.97% 30.97% -10.32%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

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 $188.1M $136.1M $43.27M $53.14M $119.4M $177.8M $317.1M $262.8M $334.4M $449.2M $371.1M $312.8M $258.8M $147.0M $112.6M $226.1M $158.0M $100.6M $52.90M $21.90M $14.80M $11.30M $12.60M $0.00
Cost Of Revenue $163.8M $142.8M $40.01M $81.81M $148.1M $159.8M $215.1M $170.3M $172.0M $189.1M $223.5M $181.2M $153.0M $94.01M $83.20M $135.3M $94.60M $61.20M $30.90M $12.50M $9.300M $7.100M $9.100M $0.00
Gross Profit $24.26M -$6.700M $3.256M -$28.67M -$28.70M $18.00M $102.0M $90.68M $96.31M $130.8M $147.5M $131.6M $105.8M $52.97M $29.40M $90.80M $63.40M $39.40M $21.90M $9.400M $5.600M $4.200M $3.500M $0.00
Gross Profit Margin 12.9% -4.92% 7.53% -53.96% -24.05% 10.13% 32.16% 34.5% 28.8% 29.11% 39.76% 42.07% 40.89% 36.04% 26.11% 40.16% 40.13% 39.17% 41.4% 42.92% 37.84% 37.17% 27.78%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

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 $27.87M $27.12M $20.17M $22.76M $27.98M $31.47M $41.49M $43.75M $70.28M $61.24M $78.20M $66.42M $50.61M $41.86M $36.90M $46.30M $30.60M $18.90M $9.500M $5.400M $4.800M $5.600M $3.800M $200.0K
YoY Change 2.76% 34.5% -11.41% -18.63% -11.1% -24.16% -5.15% -37.75% 14.76% -21.69% 17.74% 31.22% 20.9% 13.44% -20.3% 51.31% 61.9% 98.95% 75.93% 12.5% -14.29% 47.37% 1800.0%
% of Gross Profit 114.88% 619.35% 174.82% 40.69% 48.24% 72.97% 46.83% 53.01% 50.46% 47.83% 79.03% 125.51% 50.99% 48.26% 47.97% 43.38% 57.45% 85.71% 133.33% 108.57%
Research & Development $2.486M $4.438M $5.537M $7.213M $8.863M $10.36M $13.13M $9.319M $6.657M $4.787M $3.752M $3.182M $2.337M $1.441M $2.100M $1.900M $800.0K $700.0K $600.0K $300.0K $0.00 $100.0K $0.00 $0.00
YoY Change -43.98% -19.85% -23.24% -18.62% -14.42% -21.13% 40.89% 39.99% 39.06% 27.59% 17.91% 36.16% 62.18% -31.38% 10.53% 137.5% 14.29% 16.67% 100.0% -100.0%
% of Gross Profit 10.25% 170.06% 57.53% 12.88% 10.28% 6.91% 3.66% 2.54% 2.42% 2.21% 2.72% 7.14% 2.09% 1.26% 1.78% 2.74% 3.19% 0.0% 2.38% 0.0%
Depreciation & Amortization $734.0K $734.0K $1.000M $2.500M $8.465M $9.216M $9.768M $8.172M $8.735M $7.713M $15.11M $11.58M $10.11M $13.77M $14.19M $12.84M $6.540M $2.750M $1.770M $690.0K $710.0K $520.0K $740.0K $20.00K
YoY Change 0.0% -26.6% -60.0% -70.47% -8.15% -5.65% 19.53% -6.45% 13.25% -48.95% 30.44% 14.63% -26.61% -2.97% 10.51% 96.33% 137.82% 55.37% 156.52% -2.82% 36.54% -29.73% 3600.0%
% of Gross Profit 3.03% 30.71% 51.2% 9.58% 9.01% 9.07% 5.9% 10.24% 8.8% 9.55% 25.99% 48.27% 14.14% 10.32% 6.98% 8.08% 7.34% 12.68% 12.38% 21.14%
Operating Expenses $30.36M $31.56M $25.70M $29.98M $36.84M $41.82M $54.62M $97.98M $84.03M $72.15M $88.80M $73.00M $56.93M $59.24M $44.00M $53.80M $33.70M $20.60M $11.90M $6.400M $5.500M $6.300M $4.500M $200.0K
YoY Change -3.81% 22.8% -14.25% -18.63% -11.92% -23.43% -44.25% 16.61% 16.47% -18.76% 21.65% 28.22% -3.89% 34.63% -18.22% 59.64% 63.59% 73.11% 85.94% 16.36% -12.7% 40.0% 2150.0%
Operating Profit $23.22M -$35.42M -$31.46M -$143.6M -$75.50M -$69.81M -$10.32M -$16.97M $12.28M $58.62M $58.73M $58.62M $48.89M -$6.267M -$14.60M $37.00M $29.70M $18.80M $10.00M $3.000M $100.0K -$2.100M -$1.000M -$200.0K
YoY Change -165.56% 12.6% -78.1% 90.26% 8.15% 576.46% -39.18% -238.2% -79.05% -0.18% 0.18% 19.91% -880.09% -57.08% -139.46% 24.58% 57.98% 88.0% 233.33% 2900.0% -104.76% 110.0% 400.0%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

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 $2.857M $7.051M $78.00K $60.00K $2.019M $2.866M $2.168M $1.979M $1.521M $1.373M $2.092M $8.103M $15.96M $19.40M -$15.20M -$14.00M -$2.500M -$900.0K -$700.0K -$600.0K -$600.0K -$500.0K -$300.0K $0.00
YoY Change -59.48% 8939.74% 30.0% -97.03% -29.55% 32.2% 9.55% 30.11% 10.78% -34.37% -74.18% -49.23% -17.73% -227.63% 8.57% 460.0% 177.78% 28.57% 16.67% 0.0% 20.0% 66.67%
% of Operating Profit 12.3% 12.39% 2.34% 3.56% 13.82% 32.65% -37.84% -8.42% -4.79% -7.0% -20.0% -600.0%
Other Income/Expense, Net $1.639M -$6.906M $890.0K $1.019M -$311.0K -$10.85M -$1.072M $10.32M -$1.644M -$1.749M -$1.776M -$13.16M -$9.618M -$42.74M
YoY Change -123.73% -875.96% -12.66% -427.65% -97.13% 911.75% -110.39% -727.55% -6.0% -1.52% -86.51% 36.86% -77.5%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

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 $24.86M -$42.33M -$30.57M -$142.6M -$75.63M -$80.03M -$10.03M -$5.292M $4.760M $56.73M $56.95M $45.46M $39.27M -$49.01M -$48.30M -$44.70M $27.10M $17.90M $9.400M $2.400M -$5.700M -$3.100M -$1.400M -$200.0K
YoY Change -158.74% 38.48% -78.57% 88.58% -5.5% 698.34% 89.44% -211.18% -91.61% -0.39% 25.28% 15.76% -180.13% 1.47% 8.05% -264.94% 51.4% 90.43% 291.67% -142.11% 83.87% 121.43% 600.0%
Income Tax $149.0K -$22.00K -$40.00K -$6.179M $262.0K -$7.216M $6.112M -$2.204M $3.476M $17.25M $20.77M -$4.333M $7.862M -$5.545M $2.000M -$10.50M $10.40M $6.600M $1.700M $200.0K $0.00 $0.00 $0.00 $0.00
% Of Pretax Income 0.6% 73.03% 30.4% 36.47% -9.53% 20.02% 38.38% 36.87% 18.09% 8.33%
Net Earnings $24.71M -$42.31M -$30.53M -$136.5M -$33.92M -$70.34M -$27.40M -$49.13M -$14.60M $53.60M $36.18M $49.79M $31.41M -$43.47M -$50.30M -$34.20M $16.70M $11.30M $7.700M $2.200M -$7.400M -$5.500M -$1.400M -$200.0K
YoY Change -158.42% 38.59% -77.63% 302.33% -51.78% 156.76% -44.24% 236.51% -127.24% 48.16% -27.34% 58.53% -172.26% -13.59% 47.08% -304.79% 47.79% 46.75% 250.0% -129.73% 34.55% 292.86% 600.0%
Net Earnings / Revenue 13.14% -31.09% -70.55% -256.77% -28.42% -39.57% -8.64% -18.69% -4.37% 11.93% 9.75% 15.92% 12.14% -29.57% -44.67% -15.13% 10.57% 11.23% 14.56% 10.05% -50.0% -48.67% -11.11%
Basic Earnings Per Share $1.00 -$0.57 -$0.42 -$2.00 -$0.55 -$1.21 -$0.47 -$0.88 -$0.25 $0.99 $0.70 $1.03 $0.60 -$1.94
Diluted Earnings Per Share -$0.10 -$0.57 -$0.42 -$2.00 -$0.55 -$1.21 -$0.47 -$0.88 -$0.24 $0.96 $0.67 $0.97 $0.56 -$1.94 -$2.566M -$1.781M $878.9K $607.5K $466.7K $157.1K -$616.7K -$555.6K -$218.7K -$166.7K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

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 $5.851M $12.29M $11.53M $38.70M $100.6M $3.000M $4.600M $4.800M $2.200M $1.300M $2.700M $2.700M $46.70M $19.90M $6.500M $200.0K $1.300M $500.0K $7.400M $300.0K $0.00 $0.00 $200.0K $1.300M
YoY Change -52.39% 6.55% -70.2% -61.53% 3253.33% -34.78% -4.17% 118.18% 69.23% -51.85% 0.0% -94.22% 134.67% 206.15% 3150.0% -84.62% 160.0% -93.24% 2366.67% -100.0% -84.62%
Cash & Equivalents $5.851M $12.29M $11.53M $38.70M $100.6M $3.000M $4.600M $4.800M $2.200M $1.300M $2.700M $2.700M $46.70M $19.90M $6.500M $200.0K $1.300M $500.0K $7.400M $300.0K $0.00 $0.00 $200.0K $1.300M
Short-Term Investments
Other Short-Term Assets $3.666M $4.145M $8.292M $3.800M $13.90M $124.2M $63.20M $65.60M $58.50M $13.80M $6.800M $6.100M $2.900M $1.800M $1.600M $2.200M $1.400M $600.0K $200.0K $100.0K $100.0K $2.200M $0.00 $0.00
YoY Change -11.56% -50.01% 118.21% -72.66% -88.81% 96.52% -3.66% 12.14% 323.91% 102.94% 11.48% 110.34% 61.11% 12.5% -27.27% 57.14% 133.33% 200.0% 100.0% 0.0% -95.45%
Inventory $12.84M $15.72M $9.454M $11.80M $23.20M $27.30M $32.50M $58.30M $50.90M $86.00M $63.10M $45.20M $37.90M $27.80M $27.20M $38.00M $21.00M $17.90M $10.70M $2.400M $1.900M $1.600M $3.700M $0.00
Prepaid Expenses
Receivables $54.09M $48.93M $13.30M $11.80M $15.60M $37.00M $34.90M $47.20M $35.50M $78.60M $65.00M $42.30M $44.60M $27.30M $14.60M $37.20M $24.90M $19.10M $10.40M $3.400M $2.000M $2.000M $2.200M $0.00
Other Receivables $0.00 $0.00 $22.00K $400.0K $700.0K $3.200M $2.800M $12.70M $4.700M $0.00 $0.00 $0.00 $0.00 $3.000M $6.600M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $76.45M $81.09M $42.60M $66.50M $153.9M $194.8M $137.9M $188.6M $151.7M $179.6M $137.7M $96.20M $132.1M $79.80M $56.60M $77.60M $48.60M $38.10M $28.70M $6.200M $4.000M $5.700M $6.200M $1.300M
YoY Change -5.72% 90.35% -35.94% -56.79% -21.0% 41.26% -26.88% 24.32% -15.53% 30.43% 43.14% -27.18% 65.54% 40.99% -27.06% 59.67% 27.56% 32.75% 362.9% 55.0% -29.82% -8.06% 376.92%
Property, Plant & Equipment $10.16M $10.73M $7.337M $11.40M $56.20M $45.50M $52.80M $74.70M $60.00M $86.10M $79.10M $56.50M $43.90M $42.50M $60.30M $66.80M $39.80M $19.30M $10.00M $2.100M $2.600M $2.700M $3.700M $100.0K
YoY Change -5.29% 46.19% -35.64% -79.72% 23.52% -13.83% -29.32% 24.5% -30.31% 8.85% 40.0% 28.7% 3.29% -29.52% -9.73% 67.84% 106.22% 93.0% 376.19% -19.23% -3.7% -27.03% 3600.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.087M $421.0K $308.0K $300.0K $200.0K $20.20M $81.60M $14.60M $85.20M $14.10M $16.20M $16.20M $0.00 $100.0K $0.00 $6.600M $400.0K $100.0K $100.0K
YoY Change 395.72% 36.69% 2.67% 50.0% -99.01% -75.25% 458.9% -82.86% 504.26% -12.96% 0.0% -100.0% -100.0% 1550.0% 0.0%
Total Long-Term Assets $81.07M $83.72M $7.645M $19.70M $76.70M $91.10M $192.0M $194.6M $251.4M $243.7M $237.9M $123.7M $99.90M $105.0M $122.3M $157.0M $112.2M $44.80M $23.50M $9.800M $10.00M $15.20M $17.00M $200.0K
YoY Change -3.17% 995.13% -61.19% -74.32% -15.81% -52.55% -1.34% -22.59% 3.16% 2.44% 92.32% 23.82% -4.86% -14.15% -22.1% 39.93% 150.45% 90.64% 139.8% -2.0% -34.21% -10.59% 8400.0%
Total Assets $157.5M $164.8M $50.24M $86.20M $230.6M $285.9M $329.9M $383.2M $403.1M $423.3M $375.6M $219.9M $232.0M $184.8M $178.9M $234.6M $160.8M $82.90M $52.20M $16.00M $14.00M $20.90M $23.20M $1.500M
YoY Change
Accounts Payable $31.71M $33.38M $7.616M $5.800M $16.20M $15.00M $10.40M $30.00M $17.20M $33.20M $19.90M $22.40M $18.60M $13.50M $8.000M $22.70M $9.400M $9.900M $3.800M $3.100M $3.500M $2.600M $2.400M $200.0K
YoY Change -5.0% 338.22% 31.31% -64.2% 8.0% 44.23% -65.33% 74.42% -48.19% 66.83% -11.16% 20.43% 37.78% 68.75% -64.76% 141.49% -5.05% 160.53% 22.58% -11.43% 34.62% 8.33% 1100.0%
Accrued Expenses $7.077M $12.44M $8.267M $16.40M $25.00M $10.30M $13.80M $12.20M $10.60M $12.40M $12.90M $6.600M $10.50M $14.10M $7.600M $15.90M $10.20M $7.100M $3.300M $1.600M $600.0K $100.0K $700.0K $0.00
YoY Change -43.12% 50.5% -49.59% -34.4% 142.72% -25.36% 13.11% 15.09% -14.52% -3.88% 95.45% -37.14% -25.53% 85.53% -52.2% 55.88% 43.66% 115.15% 106.25% 166.67% 500.0% -85.71%
Deferred Revenue
YoY Change
Short-Term Debt $7.492M $103.4M $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 $3.500M $3.500M $1.300M $0.00
YoY Change -92.75% -100.0% 0.0% 169.23%
Long-Term Debt Due $201.0K $2.088M $1.477M $4.100M $100.0K $49.70M $28.00M $40.60M $32.30M $18.60M $26.40M $9.500M $800.0K $6.500M $8.900M $9.000M $7.000M $3.300M $2.300M $1.100M $1.600M $1.000M $1.500M $0.00
YoY Change -90.37% 41.37% -63.98% 4000.0% -99.8% 77.5% -31.03% 25.7% 73.66% -29.55% 177.89% 1087.5% -87.69% -26.97% -1.11% 28.57% 112.12% 43.48% 109.09% -31.25% 60.0% -33.33%
Total Short-Term Liabilities $47.78M $151.4M $18.78M $28.90M $41.30M $84.30M $64.60M $87.70M $67.00M $65.50M $62.60M $41.90M $33.70M $34.20M $24.60M $48.60M $28.00M $20.70M $9.400M $5.900M $9.200M $8.600M $5.900M $300.0K
YoY Change -68.43% 706.15% -35.03% -30.02% -51.01% 30.5% -26.34% 30.9% 2.29% 4.63% 49.4% 24.33% -1.46% 39.02% -49.38% 73.57% 35.27% 120.21% 59.32% -35.87% 6.98% 45.76% 1866.67%
Long-Term Debt $60.00K $2.755M $3.405M $1.700M $200.0K $0.00 $0.00 $7.800M $18.30M $25.40M $35.70M $22.50M $100.6M $126.7M $119.2M $120.3M $52.40M $8.200M $7.300M $5.300M $2.200M $3.000M $3.300M $0.00
YoY Change -97.82% -19.09% 100.29% 750.0% -100.0% -57.38% -27.95% -28.85% 58.67% -77.63% -20.6% 6.29% -0.91% 129.58% 539.02% 12.33% 37.74% 140.91% -26.67% -9.09%
Other Long-Term Liabilities $7.711M $8.088M $7.870M $8.500M $17.00M $0.00 $16.60M $26.20M $4.700M $0.00
YoY Change -4.66% 2.77% -7.41% -50.0% -100.0% -36.64% 457.45%
Total Long-Term Liabilities $7.771M $10.84M $11.28M $10.20M $17.20M $0.00 $0.00 $7.800M $18.30M $25.40M $35.70M $22.50M $117.2M $152.9M $123.9M $120.3M $52.40M $8.200M $7.300M $5.300M $2.200M $3.000M $3.300M $0.00
YoY Change -28.33% -3.83% 10.54% -40.7% -100.0% -57.38% -27.95% -28.85% 58.67% -80.8% -23.35% 23.41% 2.99% 129.58% 539.02% 12.33% 37.74% 140.91% -26.67% -9.09%
Total Liabilities $55.55M $162.2M $30.05M $39.00M $58.60M $84.30M $65.00M $95.90M $109.4M $117.3M $125.8M $65.10M $153.7M $188.3M $151.7M $168.9M $83.30M $29.40M $17.00M $11.10M $11.40M $11.60M $9.200M $300.0K
YoY Change -65.75% 439.78% -22.94% -33.45% -30.49% 29.69% -32.22% -12.34% -6.73% -6.76% 93.24% -57.64% -18.37% 24.13% -10.18% 102.76% 183.33% 72.94% 53.15% -2.63% -1.72% 26.09% 2966.67%

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Market Cap: $263.4 Million

About FLOTEK INDUSTRIES INC/CN/

Flotek Industries, Inc. engages in the business of creating unique solutions to reduce the environmental impact of energy on air, water, land, and people. The company is headquartered in Houston, Texas and currently employs 146 full-time employees. The Company’s segments include Chemistry Technologies and Data Analytics. The Company’s Chemistry Technologies segment designs, develops, manufactures, packages and distributes green, specialty chemicals that help customers improve their return on invested capital, lower operational costs and realize tangible environmental benefits aimed at enhancing the profitability of hydrocarbon producers. The Company’s Data Analytics segment provides analytics associated with their hydrocarbon streams in seconds rather than minutes or days. The real-time access to information prevents waste, reduces reprocessing and allows users to pursue automation of their hydrocarbon streams to increase their profitability. The company helps customers across industrial and commercial markets improve their environmental performance. The company serves specialty chemistry needs for both domestic and international energy markets.

Industry: Miscellaneous Chemical Products Peers: Arq, Inc. BIOLARGO, INC. Danimer Scientific, Inc. FutureFuel Corp. NORTHERN TECHNOLOGIES INTERNATIONAL CORP NANOPHASE TECHNOLOGIES Corp RAYONIER ADVANCED MATERIALS INC. SHERWIN WILLIAMS CO