Flotek Financial Statements From 2010 to 2022

FTK
 Stock
  

USD 0.93  0.08  7.92%   

Flotek Industries financial statements provide useful quarterly and yearly information to potential Flotek Industries investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Flotek Industries financial statements helps investors assess Flotek Industries' valuation, profitability, and current liquidity needs.
There are currently one hundred nine fundamental signals for Flotek Industries that can be evaluated and compared over time across rivals. Please compare all of Flotek Industries prevailing fundamentals against the fundamentals between 2010 and 2022 to make sure the company is sustainable this year.
Flotek Industries Enterprise Value is decreasing as compared to previous years. The preceding year's Enterprise Value was reported at 82.78 Million. The current Invested Capital is estimated to increase to about 32.2 M, while Earnings before Tax are projected to decrease to (31.4 M).
  
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Check Flotek Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Flotek main balance sheet or income statement drivers, such as Direct Expenses of 41.1 M, Cost of Revenue of 41.1 M or Gross Profit of 3.3 M, as well as many exotic indicators such as Interest Coverage of 48.91, Long Term Debt to Equity of 0.22 or Calculated Tax Rate of 28.61. Flotek financial statements analysis is a perfect complement when working with Flotek Industries Valuation or Volatility modules. It can also supplement various Flotek Industries Technical models. Please check the analysis of Flotek Industries Correlation against competitors.

Flotek Industries Revenues

44.41 Million

Share

Flotek Industries Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets51.6 M50.2 M254.1 M
Decreasing
Slightly volatile
Cash and Equivalents18.7 M13.3 M22.1 M
Increasing
Very volatile
Deferred Revenue91.7 K91 K113.1 K
Decreasing
Slightly volatile
Property Plant and Equipment Net7.5 M7.3 M48.1 M
Decreasing
Slightly volatile
Inventory9.7 M9.5 M37.9 M
Decreasing
Slightly volatile
Tax Assets308.9 K301 K10.9 M
Decreasing
Stable
Trade and Non Trade Receivables13.6 M13.3 M37.2 M
Decreasing
Slightly volatile
Trade and Non Trade Payables11.5 M7.6 M17.4 M
Decreasing
Slightly volatile
Goodwill and Intangible Assets7.5 M7.3 M61.1 M
Decreasing
Slightly volatile
Total Liabilities30.8 M30.1 M86.7 M
Decreasing
Slightly volatile
Shareholders Equity20.7 M20.2 M167.3 M
Decreasing
Stable
Accumulated Retained Earnings Deficit(317.4 M)(309.2 M)(101.7 M)
Decreasing
Slightly volatile
Accumulated Other Comprehensive Income87.4 K81 K(373.2 K)
Increasing
Very volatile
Current Assets43.7 M42.6 M127.5 M
Decreasing
Slightly volatile
Assets Non Current7.8 M7.6 M126.6 M
Decreasing
Slightly volatile
Current Liabilities19.3 M18.8 M49.9 M
Decreasing
Stable
Liabilities Non Current11.6 M11.3 M39.4 M
Decreasing
Slightly volatile
Tax Liabilities4.1 KK7.9 M
Decreasing
Slightly volatile
Total Debt13.6 M13.3 M44.4 M
Decreasing
Slightly volatile
Debt Current2.1 M2.1 M16.6 M
Decreasing
Very volatile
Debt Non Current17.5 M11.2 M30.8 M
Decreasing
Slightly volatile
Shareholders Equity USD20.7 M20.2 M167.3 M
Decreasing
Stable
Cash and Equivalents USD18.7 M13.3 M22.1 M
Increasing
Very volatile
Total Debt USD13.6 M13.3 M44.4 M
Decreasing
Slightly volatile
Accounts Payable7.8 M7.6 M17.8 M
Decreasing
Slightly volatile
Receivables13.6 M13.3 M37.8 M
Decreasing
Slightly volatile
Inventories9.7 M9.5 M43 M
Decreasing
Slightly volatile

Flotek Industries Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues44.4 M43.3 M204.7 M
Decreasing
Slightly volatile
Cost of Revenue41.1 M40 M144.3 M
Decreasing
Slightly volatile
Selling General and Administrative Expense30.3 M20.2 M45.8 M
Decreasing
Slightly volatile
Research and Development Expense6.9 M5.5 M6.5 M
Increasing
Slightly volatile
Operating Expenses48.4 M34.8 M68.6 M
Decreasing
Very volatile
Interest Expense80.1 K78 K4.2 M
Decreasing
Slightly volatile
Income Tax Expense(41.1 K)(40 K)3.4 M
Decreasing
Slightly volatile
Net Loss Income from Discontinued Operations(38.9 M)(37.9 M)(25.9 M)
Decreasing
Slightly volatile
Consolidated Income(31.3 M)(30.5 M)(14.7 M)
Decreasing
Slightly volatile
Net Income(31.3 M)(30.5 M)(14.6 M)
Decreasing
Slightly volatile
Preferred Dividends Income Statement Impact4.4 M4.4 M4.8 M
Decreasing
Slightly volatile
Net Income Common Stock(31.3 M)(30.5 M)(15.4 M)
Decreasing
Slightly volatile
Weighted Average Shares71.5 M73.4 M57 M
Increasing
Slightly volatile
Weighted Average Shares Diluted72.2 M73.4 M58.3 M
Increasing
Slightly volatile
Earning Before Interest and Taxes EBIT(31.3 M)(30.5 M)(7.1 M)
Decreasing
Slightly volatile
Revenues USD44.4 M43.3 M204.7 M
Decreasing
Slightly volatile
Net Income Common Stock USD(31.3 M)(30.5 M)(15.4 M)
Decreasing
Slightly volatile
Earning Before Interest and Taxes USD(31.3 M)(30.5 M)(7.1 M)
Decreasing
Slightly volatile
Gross Profit3.3 M3.3 M60.4 M
Decreasing
Slightly volatile
Operating Income(32.4 M)(31.6 M)(7.3 M)
Decreasing
Slightly volatile
Direct Expenses41.1 M40 M154.1 M
Decreasing
Slightly volatile

Flotek Industries Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Capital Expenditure120.8 K112 K(6.7 M)
Increasing
Slightly volatile
Net Cash Flow Business Acquisitions and Disposals(19.3 M)(18.8 M)(8.8 M)
Increasing
Slightly volatile
Net Cash Flow from Financing(401.4 K)(372 K)(9.4 M)
Increasing
Stable
Issuance Repayment of Debt Securities (66.9 K)(62 K)(13.8 M)
Increasing
Slightly volatile
Issuance Purchase of Equity Shares82.1 K80 K4.2 M
Decreasing
Slightly volatile
Net Cash Flow from Investing114.9 K112 K445.2 K
Increasing
Slightly volatile
Net Cash Flow from Operations(26.5 M)(25.8 M)8.4 M
Decreasing
Slightly volatile
Effect of Exchange Rate Changes on Cash 107.9 K100 K(23 K)
Increasing
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents(26.7 M)(26 M)(492.6 K)
Decreasing
Stable
Share Based Compensation5.5 M3.8 MM
Decreasing
Slightly volatile
Depreciation Amortization and Accretion1.3 M1.3 M8.2 M
Decreasing
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share(0.43)(0.42)(0.1778)
Decreasing
Slightly volatile
Earnings per Diluted Share(0.43)(0.42)(0.1924)
Decreasing
Slightly volatile
Earnings per Basic Share USD(0.43)(0.42)(0.1778)
Decreasing
Slightly volatile
Return on Average Equity(0.97)(0.947)(0.2056)
Decreasing
Slightly volatile
Return on Average Assets(0.47)(0.461)(0.1529)
Decreasing
Slightly volatile
Return on Invested Capital(1.21)(1.177)(0.432)
Decreasing
Slightly volatile
Gross Margin0.110.0750.1828
Decreasing
Slightly volatile
Profit Margin(0.72)(0.706)(0.344)
Decreasing
Slightly volatile
EBITDA Margin(0.69)(0.675)(0.2792)
Decreasing
Slightly volatile
Return on Sales(0.72)(0.705)(0.3221)
Decreasing
Slightly volatile
Asset Turnover0.680.6530.8132
Decreasing
Slightly volatile
Enterprise Value over EBITDA(2.91)(2.835)188
Decreasing
Very volatile
Enterprise Value over EBIT(3.24)(3.0)(3.9413)
Decreasing
Stable
Price to Earnings Ratio(2.76)(2.69)1.1824
Decreasing
Slightly volatile
Sales per Share0.610.593.9149
Decreasing
Slightly volatile
Price to Sales Ratio1.841.9161.9438
Decreasing
Stable
Price to Book Value3.544.4563.1617
Decreasing
Slightly volatile
Debt to Equity Ratio1.61.4880.8352
Decreasing
Very volatile
Current Ratio2.282.2692.6546
Decreasing
Slightly volatile
Free Cash Flow per Share(0.36)(0.351)0.0954
Decreasing
Slightly volatile
Book Value per Share0.280.2753.0767
Decreasing
Slightly volatile
Tangible Assets Book Value per Share0.70.6853.5943
Decreasing
Slightly volatile
Total Assets Per Share0.70.6844.7116
Decreasing
Slightly volatile
Cash Flow Per Share(0.36)(0.3517)0.1894
Decreasing
Slightly volatile
Return on Investment(82.96)(80.829)(19.4144)
Decreasing
Slightly volatile
Operating Margin(86.06)(83.86)(22.0338)
Decreasing
Slightly volatile
Calculated Tax Rate28.6135.4130.7012
Increasing
Slightly volatile
Receivables Turnover5.113.4535.6377
Decreasing
Slightly volatile
Inventory Turnover3.573.75863.7713
Increasing
Stable
PPandE Turnover5.646.01654.3646
Decreasing
Stable
Cash and Equivalents Turnover1.771.72460.0527
Decreasing
Stable
Accounts Payable Turnover6.626.456511.5493
Decreasing
Slightly volatile
Accrued Expenses Turnover3.243.159718.8659
Decreasing
Slightly volatile
Interest Coverage48.9145.3337.5347
Increasing
Slightly volatile
Long Term Debt to Equity0.220.16860.2656
Decreasing
Slightly volatile
Quick Ratio1.140.91481.1496
Decreasing
Very volatile
Net Current Assets as percentage of Total Assets38.4647.412632.5659
Increasing
Slightly volatile
Revenue to Assets0.960.86120.8789
Decreasing
Slightly volatile

Flotek Industries Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax(31.4 M)(30.6 M)(11.3 M)
Decreasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA(30 M)(29.2 M)1.1 M
Decreasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD(30 M)(29.2 M)1.1 M
Decreasing
Slightly volatile
Market Capitalization92.3 M90 M427.5 M
Decreasing
Slightly volatile
Enterprise Value85 M82.8 M452.4 M
Decreasing
Slightly volatile
Invested Capital32.2 M31.4 M166.8 M
Decreasing
Slightly volatile
Average Equity33.1 M32.2 M166.1 M
Decreasing
Stable
Average Assets68 M66.2 M254.7 M
Decreasing
Slightly volatile
Invested Capital Average26.6 M25.9 M159.7 M
Decreasing
Slightly volatile
Tangible Asset Value51.6 M50.2 M194.1 M
Decreasing
Slightly volatile
Free Cash Flow(26.4 M)(25.7 M)1.8 M
Decreasing
Slightly volatile
Working Capital24.4 M23.8 M77.5 M
Decreasing
Slightly volatile
Revenue Per Employee339 K330.3 K610.5 K
Decreasing
Slightly volatile
Net Income Per Employee(251.4 K)(233 K)(139.9 K)
Decreasing
Slightly volatile

Flotek Fundamental Market Drivers

Short Percent Of Float5.98%
Forward Price Earnings7.43
Shares Short Prior Month2.85M
Average Daily Volume Last 10 Day322.46k
Average Daily Volume In Three Month583.3k
Date Short Interest29th of April 2022
Fifty Day Average1.2776
Two Hundred Day Average1.1407

Flotek Upcoming Events

Upcoming Quarterly Report15th of March 2022
Next Financial Report9th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End15th of March 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

About Flotek Industries Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Flotek Industries income statement, its balance sheet, and the statement of cash flows. Flotek Industries investors use historical funamental indicators, such as Flotek Industries's revenue or net income, to determine how well the company is positioned to perform in the future. Although Flotek Industries investors may use each financial statement separately, they are all related. The changes in Flotek Industries's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Flotek Industries's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Flotek Industries Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Flotek Industries. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Deferred Revenue91 K91.7 K
Cost of Revenue40 M41.1 M
Revenues43.3 M44.4 M
Revenue to Assets 0.86  0.96 
Revenue Per Employee330.3 K339 K
Flotek Industries, Inc. operates as a technology-driven chemistry and data company that serves customers across industrial, commercial, and consumer markets in the United States, the United Arab Emirates, and internationally. The company was incorporated in 1985 and is headquartered in Houston, Texas. Flotek Industries operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 131 people.

Flotek Industries Investors Sentiment

The influence of Flotek Industries' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Flotek. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Flotek Industries' public news can be used to forecast risks associated with investment in Flotek. The trend in average sentiment can be used to explain how an investor holding Flotek can time the market purely based on public headlines and social activities around Flotek Industries. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Flotek Industries' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Flotek Industries' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Flotek Industries' news discussions. The higher the estimate score, the more favorable is the investor's outlook on Flotek Industries.

Flotek Industries Implied Volatility

    
  87.84  
Flotek Industries' implied volatility exposes the market's sentiment of Flotek Industries stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Flotek Industries' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Flotek Industries stock will not fluctuate a lot when Flotek Industries' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Flotek Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Flotek Industries' short interest history, or implied volatility extrapolated from Flotek Industries options trading.

Current Sentiment - FTK

Flotek Industries Investor Sentiment

Greater number of Macroaxis users are currently bullish on Flotek Industries. What is your opinion about investing in Flotek Industries? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

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Please check the analysis of Flotek Industries Correlation against competitors. Note that the Flotek Industries information on this page should be used as a complementary analysis to other Flotek Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

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When running Flotek Industries price analysis, check to measure Flotek Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Flotek Industries is operating at the current time. Most of Flotek Industries' value examination focuses on studying past and present price action to predict the probability of Flotek Industries' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Flotek Industries' price. Additionally, you may evaluate how the addition of Flotek Industries to your portfolios can decrease your overall portfolio volatility.
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Is Flotek Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Flotek Industries. If investors know Flotek will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Flotek Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
77.4 M
Quarterly Revenue Growth YOY
0.094
Return On Assets
-0.18
Return On Equity
-1.25
The market value of Flotek Industries is measured differently than its book value, which is the value of Flotek that is recorded on the company's balance sheet. Investors also form their own opinion of Flotek Industries' value that differs from its market value or its book value, called intrinsic value, which is Flotek Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Flotek Industries' market value can be influenced by many factors that don't directly affect Flotek Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Flotek Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine Flotek Industries value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Flotek Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.