Fuel Tech, Inc. / Estimates

Fiscal Year	Revenue	Net income	Net margin	Free cash flow	FCF margin
2024	€21.65M -7.2%	-€1.67M +26.3%	-7.7% -0.021 pp	-€2.63M -374.2%	-12.2% -0.16 pp
2023	€23.33M +0.5%	-€1.33M +6.7%	-5.7% -0.0033 pp	€959.77K -128.3%	4.1% +0.19 pp
2022	€23.21M +11.0%	-€1.24M -2,770.4%	-5.4% -0.056 pp	-€3.39M -565.4%	-14.6% -0.18 pp
2021	€20.90M +7.6%	€46.52K -101.3%	0.2% +0.19 pp	€728.01K -134.3%	3.5% +0.14 pp
2020	€19.43M -26.0%	-€3.69M -45.5%	-19.0% +0.068 pp	-€2.12M -13.3%	-10.9% -0.016 pp
2019	€26.25M -46.1%	-€6.76M +27,939.3%	-25.8% -0.26 pp	-€2.44M -151.6%	-9.3% -0.19 pp
2018	€48.71M +25.2%	-€24.12K -99.7%	-0.0% +0.24 pp	€4.74M -278.7%	9.7% +0.17 pp
2017	€38.91M -18.1%	-€9.46M -36.8%	-24.3% +0.072 pp	-€2.65M +71.1%	-6.8% -0.036 pp
2016	€47.52M -25.1%	-€14.98M +40.5%	-31.5% -0.15 pp	-€1.55M -123.3%	-3.3% -0.14 pp
2015	€63.47M -6.8%	-€10.67M -30.2%	-16.8% +0.056 pp	€6.66M -31.3%	10.5% -0.037 pp
2014	€68.08M -27.7%	-€15.27M -447.5%	-22.4% -0.27 pp	€9.70M +144.8%	14.2% +0.10 pp
2013	€94.20M +12.0%	€4.39M +83.8%	4.7% +0.018 pp	€3.96M -59.0%	4.2% -0.073 pp
2012	€84.13M +4.2%	€2.39M -54.8%	2.8% -0.037 pp	€9.65M +54.2%	11.5% +0.037 pp
2011	€80.70M +14.5%	€5.30M +250.7%	6.6% +0.044 pp	€6.26M -49.5%	7.8% -0.098 pp
2010	€70.47M +14.6%	€1.51M -176.0%	2.1% +0.054 pp	€12.40M -7.3%	17.6% -0.042 pp
2009	€61.51M -11.9%	-€1.99M -164.0%	-3.2% -0.077 pp	€13.38M -13.2%	21.8% -0.0031 pp
2008	€69.85M +1.0%	€3.10M -50.3%	4.4% -0.046 pp	€15.41M +29.5%	22.1% +0.049 pp
2007	€69.18M +6.9%	€6.24M +6.1%	9.0% -0.00067 pp	€11.90M +69.3%	17.2% +0.063 pp
2006	€64.72M +41.9%	€5.88M -10.0%	9.1% -0.052 pp	€7.03M -43.0%	10.9% -0.16 pp
2005	€45.60M +71.7%	€6.54M +382.7%	14.3% +0.092 pp	€12.34M +412.6%	27.1% +0.18 pp
2004	€26.56M -13.7%	€1.35M +40.4%	5.1% +0.020 pp	€2.41M +4.1%	9.1% +0.016 pp
2003	€30.79M +9.5%	€964.93K -63.4%	3.1% -0.062 pp	€2.31M -38.2%	7.5% -0.058 pp
2002	€28.11M +84.6%	€2.63M -287.2%	9.4% +0.19 pp	€3.74M +41.1%	13.3% -0.041 pp
2001	€15.23M -19.3%	-€1.41M -493.5%	-9.2% -0.11 pp	€2.65M +37.3%	17.4% +0.072 pp
2000	€18.87M -34.2%	€357.54K -86.2%	1.9% -0.071 pp	€1.93M -71.3%	10.2% -0.13 pp
1999	€28.69M +28.6%	€2.58M +500.0%	9.0% +0.071 pp	€6.72M -7,900.0%	23.4% +0.24 pp
1998	€22.31M +25,800.0%	€430.77K -119.2%	1.9% +26 pp	-€86.15K -91.7%	-0.4% +12 pp
1997	€86.15K -50.0%	-€2.24M +44.4%	-2,600.0% -17 pp	-€1.03M -20.0%	-1,200.0% -4.5 pp
1996	€172.31K +0.0%	-€1.55M -37.9%	-900.0% +5.5 pp	-€1.29M -58.3%	-750.0% +11 pp
1995	€172.31K +0.0%	-€2.50M +20.8%	-1,450.0% -2.5 pp	-€3.10M +80.0%	-1,800.0% -8.0 pp
1994	€172.31K +100.0%	-€2.07M +4.3%	-1,200.0% +11 pp	-€1.72M -4.8%	-1,000.0% +11 pp
1993	€86.15K +0.0%	-€1.98M -23.3%	-2,300.0% +7.0 pp	-€1.81M +16.7%	-2,100.0% -3.0 pp
1992	€86.15K	-€2.58M	-3,000.0%	-€1.55M	-1,800.0%