Flotek Historical Income Statement

FTK
 Stock
  

USD 1.01  0.02  2.02%   

Historical analysis of Flotek Industries income statement accounts such as Gross Profit of 3.3 M or Interest Expense of 80.1 K can show how well Flotek Industries performed in making a profits. Evaluating Flotek Industries income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Flotek Industries's future profits or losses. Financial Statement Analysis is much more than just reviewing and examining Flotek Industries latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Flotek Industries is a good buy for the upcoming year.
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Flotek Industries Net Income

(31.33 Million)

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About Flotek Income Statement Analysis

Flotek Industries Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Flotek Industries shareholders. The income statement also shows Flotek investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Flotek Industries Income Statement Chart

Flotek Industries Income Statement is one of the three primary financial statements used for reporting Flotek's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Flotek Industries revenue and expense. Flotek Industries Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Flotek Industries Interest Expense is decreasing as compared to previous years. The last year's value of Interest Expense was reported at 78,000. The current Operating Expenses is estimated to increase to about 48.4 M, while Net Income is projected to decrease to (31.3 M).

Earning Before Interest and Taxes EBIT

Earnings Before Interest and Tax is calculated by adding Income Tax Expense and Interest Expense back to Net Income.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Flotek Industries financial statement analysis. It represents the amount of money remaining after all of Flotek Industries operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. The portion of profit or loss for the period; net of income taxes; which is attributable to the parent after the deduction of Net Income to Non Controlling Interests from Consolidated Income; and before the deduction of Preferred Dividends Income Statement Impact.

Net Income Common Stock

The amount of net income (loss) for the period due to common shareholders. Typically differs from Net Income to the parent entity due to the deduction of Preferred Dividends Income Statement Impact.

Net Income to Non Controlling Interests

The portion of income which is attributable to non-controlling interest shareholders; subtracted from Consolidated Income in order to obtain Net Income.

Operating Expenses

Operating expenses represents the total expenditure on [SGnA]; [RnD] and other operating expense items; it excludes [CoR].

Operating Income

Operating Income is the amount of profit realized from Flotek Industries operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Flotek Industries is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Operating income is a measure of financial performance before the deduction of Interest Expense; Income Tax Expense and other Non-Operating items. It is calculated as Gross Profit minus Operating Expenses.
Most accounts from Flotek Industries income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Flotek Industries current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Please check Investing Opportunities.Flotek Industries Interest Expense is decreasing as compared to previous years. The last year's value of Interest Expense was reported at 78,000. The current Operating Expenses is estimated to increase to about 48.4 M, while Net Income is projected to decrease to (31.3 M).
 2019 2020 2021 2022 (projected)
Revenues USD119.35 M53.14 M43.27 M44.41 M
Revenues119.35 M53.14 M43.27 M44.41 M

Flotek Industries income statement Correlations

Flotek Industries Account Relationship Matchups

Flotek Industries income statement Accounts

201720182019202020212022 (projected)
Direct Expenses215.13 M159.81 M149.22 M88.27 M40.01 M41.06 M
Consolidated Income(27.39 M)(70.7 M)(33.91 M)(136.45 M)(30.53 M)(31.33 M)
Cost of Revenue188.74 M159.81 M148.1 M81.81 M40.01 M41.06 M
Earning Before Interest and Taxes EBIT(19.11 M)(74.69 M)(31.63 M)(142.57 M)(30.49 M)(31.29 M)
Earning Before Interest and Taxes USD(19.11 M)(74.69 M)(31.63 M)(142.57 M)(30.49 M)(31.29 M)
Gross Profit54.36 M17.96 M(28.75 M)(28.67 M)3.26 M3.34 M
Interest Expense2.17 M2.87 M2.02 M60 K78 K80.05 K
Net Income(27.39 M)(70.34 M)(33.91 M)(136.45 M)(30.53 M)(31.33 M)
Net Income Common Stock(27.39 M)(70.34 M)(33.91 M)(136.45 M)(30.53 M)(31.33 M)
Net Income Common Stock USD(27.39 M)(70.34 M)(33.91 M)(136.45 M)(30.53 M)(31.33 M)
Operating Expenses64.68 M87.78 M46.75 M115.07 M34.81 M48.44 M
Operating Income(10.32 M)(69.81 M)(75.5 M)(143.74 M)(31.55 M)(32.38 M)
Revenues243.11 M177.77 M119.35 M53.14 M43.27 M44.41 M
Revenues USD243.11 M177.77 M119.35 M53.14 M43.27 M44.41 M
Research and Development Expense13.13 M10.36 M8.86 M7.21 M5.54 M6.87 M
Selling General and Administrative Expense41.49 M31.47 M27.98 M22.76 M20.17 M30.3 M
Weighted Average Shares57.58 M57.99 M58.75 M68.31 M73.36 M71.5 M
Weighted Average Shares Diluted57.58 M57.99 M58.75 M68.31 M73.36 M72.17 M
Income Tax Expense6.11 M(7.22 M)262 K(6.18 M)(40 K)(41.05 K)

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.

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 Investing Opportunities. 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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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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.