Flotek Industries Inc/Cn/ financial data

Symbol
FTK on NYSE
Industry
Miscellaneous Chemical Products
Location
5775 N. Sam Houston Parkway W., Suite 400, Houston, Texas
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 9, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 161 % +146%
Quick Ratio 31.9 % +149%
Debt-to-equity 54.6 % -87.9%
Return On Assets 3.16 %
Operating Margin -7.27 % +73.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 29.7M shares -66.4%
Common Stock, Shares, Outstanding 29.7M shares -66.4%
Entity Public Float 63.1M USD -17%
Common Stock, Value, Issued 3K USD -66.7%
Weighted Average Number of Shares Outstanding, Basic 29.4M shares +78.7%
Weighted Average Number of Shares Outstanding, Diluted 30.3M shares +14.6%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 192M USD +198%
Revenue from Contract with Customer, Excluding Assessed Tax 40.4M USD -15.9%
Research and Development Expense 2.28M USD -37.4%
Costs and Expenses 24.4M USD +967%
Operating Income (Loss) 6.82M USD -88.6%
Nonoperating Income (Expense) -1.51M USD +58.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 5.31M USD -91.6%
Income Tax Expense (Benefit) 382K USD +2589%
Net Income (Loss) Attributable to Parent 4.93M USD -92.7%
Earnings Per Share, Basic -0.25 USD/shares +87.2%
Earnings Per Share, Diluted 0.07 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 5.22M USD -58%
Accounts Receivable, after Allowance for Credit Loss, Current 15.6M USD +17.9%
Inventory, Net 13.9M USD -12.8%
Other Assets, Current 2.69M USD -40.5%
Assets, Current 78.3M USD -4.39%
Deferred Income Tax Assets, Net 91K USD -77.8%
Operating Lease, Right-of-Use Asset 4.34M USD -11.9%
Other Assets, Noncurrent 1.73M USD +10047%
Assets 156M USD -4.61%
Accounts Payable, Current 36M USD -14.3%
Employee-related Liabilities, Current 937K USD +1.96%
Accrued Liabilities, Current 3.37M USD -65.9%
Contract with Customer, Liability, Current 303K USD -39.6%
Liabilities, Current 44.8M USD -54.7%
Contract with Customer, Liability, Noncurrent 35K USD 0%
Operating Lease, Liability, Noncurrent 7.12M USD -0.17%
Liabilities 52M USD -51.1%
Accumulated Other Comprehensive Income (Loss), Net of Tax 169K USD +5.63%
Retained Earnings (Accumulated Deficit) -325M USD +1.49%
Stockholders' Equity Attributable to Parent 104M USD +81.8%
Liabilities and Equity 156M USD -4.61%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 3.89M USD +241%
Net Cash Provided by (Used in) Financing Activities -4.41M USD -439%
Net Cash Provided by (Used in) Investing Activities -152K USD +3.19%
Common Stock, Shares Authorized 240M shares 0%
Common Stock, Shares, Issued 30.8M shares -67.5%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -634K USD -540%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 5.32M USD -57.6%
Interest Paid, Excluding Capitalized Interest, Operating Activities 210K USD +1067%
Deferred Tax Assets, Valuation Allowance 59.1M USD -9.07%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 66.8M USD -0.52%
Operating Lease, Liability 9.2M USD -9.61%
Depreciation 778K USD +8.81%
Payments to Acquire Property, Plant, and Equipment 708K USD +5800%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 4.94M USD -92.5%
Lessee, Operating Lease, Liability, to be Paid 11.8M USD -8.73%
Operating Lease, Liability, Current 2.08M USD -31.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.73M USD +24.5%
Lessee, Operating Lease, Liability, to be Paid, Year One 2.05M USD -14.5%
Operating Lease, Weighted Average Discount Rate, Percent 0.09 pure 0%
Deferred Income Tax Expense (Benefit) 209K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 2.64M USD -5.51%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.66M USD +17.1%
Deferred Tax Assets, Operating Loss Carryforwards 45.3M USD +9.31%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) 0 USD
Current Income Tax Expense (Benefit) 45K USD -56.3%
Preferred Stock, Shares Authorized 100K shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.52M USD +13.4%
Operating Lease, Payments 5.8M USD +47.7%
Additional Paid in Capital 463M USD +9.94%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 45K USD +2150%
Current Federal Tax Expense (Benefit) 0 USD -100%
Deferred Tax Assets, Net of Valuation Allowance 7.72M USD +255%
Deferred State and Local Income Tax Expense (Benefit) 104K USD
Interest Expense 1.46M USD -81.8%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%