Flotek Historical Income Statement

FTK Stock

USD 8.24 0.20 2.37%

Historical analysis of Flotek Industries income statement accounts such as Selling General Administrative of 36.5 M or Selling And Marketing Expenses of 45 M 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.

Cash Flow Balance Sheet Income Statement

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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.

Net Income Gross Profit

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flotek Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy Flotek Stock please use our How to buy in Flotek Stock guide.

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

At this time, Flotek Industries' Research Development is quite stable compared to the past year. EBITDA is expected to rise to about 38.3 M this year, although the value of Gross Profit will most likely fall to about 23 M.

Selling General Administrative Selling And Marketing Expenses Total Revenue Other Operating Expenses Non Operating Income Net Other Tax Provision

Total Revenue

Total revenue comprises all receipts Flotek Industries generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Flotek Industries. It is also known as Flotek Industries overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

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. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Flotek Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy Flotek Stock please use our How to buy in Flotek Stock guide.At this time, Flotek Industries' Research Development is quite stable compared to the past year. EBITDA is expected to rise to about 38.3 M this year, although the value of Gross Profit will most likely fall to about 23 M.

	2021	2022	2023	2024 (projected)
Interest Expense	78K	7.1M	2.9M	4.2M
Depreciation And Amortization	1.3M	4.3M	8.8M	7.4M

Interest Expense Depreciation And Amortization

Flotek Industries income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Net Income From Continuing Ops	Non Operating Income Net Other	Non Recurring	Discontinued Operations	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.18	0.84	0.45	0.82	0.71	0.87	0.29	0.42	0.33	0.48	0.68	0.47	0.34	-0.19	0.3	0.22	0.26	-0.15	-0.02	-0.52	0.37	-0.07	-0.01	0.54
Interest Expense	0.18		0.09	0.22	0.22	0.11	0.12	0.36	0.37	-0.31	0.37	0.23	-0.16	0.33	0.1	0.38	0.05	0.31	0.05	-0.29	0.03	0.18	0.17	-0.33	0.12
Selling General Administrative	0.84	0.09		0.36	0.93	0.67	0.94	0.5	0.55	0.33	0.6	0.87	0.24	0.53	0.04	0.41	0.45	0.43	0.05	-0.24	-0.69	0.56	-0.21	0.05	0.62
Selling And Marketing Expenses	0.45	0.22	0.36		0.39	0.25	0.47	0.06	0.05	0.35	0.09	0.35	0.32	0.03	-0.03	0.01	0.04	-0.13	-0.31	0.07	0.15	-0.18	0.32	-0.09	-0.35
Total Revenue	0.82	0.22	0.93	0.39		0.75	0.95	0.65	0.69	0.17	0.73	0.9	0.23	0.65	-0.01	0.57	0.6	0.53	-0.11	-0.25	-0.51	0.52	-0.1	-0.05	0.58
Gross Profit	0.71	0.11	0.67	0.25	0.75		0.78	0.27	0.35	0.34	0.39	0.41	0.71	0.25	-0.36	0.2	0.38	0.15	-0.3	0.25	-0.48	0.08	-0.41	0.2	0.7
Other Operating Expenses	0.87	0.12	0.94	0.47	0.95	0.78		0.4	0.47	0.42	0.52	0.83	0.43	0.42	-0.11	0.32	0.48	0.29	-0.14	-0.06	-0.56	0.42	-0.11	-0.09	0.55
Operating Income	0.29	0.36	0.5	0.06	0.65	0.27	0.4		0.91	-0.52	0.91	0.71	-0.44	0.94	0.42	0.92	0.68	0.9	0.09	-0.62	-0.1	0.61	0.06	0.03	0.32
Ebit	0.42	0.37	0.55	0.05	0.69	0.35	0.47	0.91		-0.42	1.0	0.72	-0.32	0.98	0.17	0.97	0.6	0.96	0.0	-0.71	-0.22	0.63	0.17	-0.13	0.39
Research Development	0.33	-0.31	0.33	0.35	0.17	0.34	0.42	-0.52	-0.42		-0.38	0.03	0.68	-0.45	-0.3	-0.57	-0.13	-0.53	-0.12	0.38	-0.43	-0.08	-0.22	0.11	0.17
Ebitda	0.48	0.37	0.6	0.09	0.73	0.39	0.52	0.91	1.0	-0.38		0.74	-0.27	0.97	0.15	0.96	0.59	0.94	-0.01	-0.69	-0.26	0.64	0.16	-0.12	0.42
Cost Of Revenue	0.68	0.23	0.87	0.35	0.9	0.41	0.83	0.71	0.72	0.03	0.74		-0.14	0.73	0.22	0.64	0.59	0.63	0.06	-0.5	-0.43	0.69	0.08	-0.19	0.39
Total Operating Expenses	0.47	-0.16	0.24	0.32	0.23	0.71	0.43	-0.44	-0.32	0.68	-0.27	-0.14		-0.42	-0.55	-0.45	-0.12	-0.5	-0.36	0.71	-0.26	-0.39	-0.27	0.14	0.31
Income Before Tax	0.34	0.33	0.53	0.03	0.65	0.25	0.42	0.94	0.98	-0.45	0.97	0.73	-0.42		0.36	0.96	0.66	0.98	0.14	-0.73	-0.19	0.69	0.17	-0.1	0.35
Total Other Income Expense Net	-0.19	0.1	0.04	-0.03	-0.01	-0.36	-0.11	0.42	0.17	-0.3	0.15	0.22	-0.55	0.36		0.23	0.39	0.34	0.71	-0.24	0.11	0.45	-0.01	0.2	-0.06
Net Income	0.3	0.38	0.41	0.01	0.57	0.2	0.32	0.92	0.97	-0.57	0.96	0.64	-0.45	0.96	0.23		0.54	0.96	-0.04	-0.7	-0.03	0.62	0.23	-0.12	0.26
Income Tax Expense	0.22	0.05	0.45	0.04	0.6	0.38	0.48	0.68	0.6	-0.13	0.59	0.59	-0.12	0.66	0.39	0.54		0.53	0.17	-0.26	-0.07	0.51	-0.11	0.02	0.34
Net Income From Continuing Ops	0.26	0.31	0.43	-0.13	0.53	0.15	0.29	0.9	0.96	-0.53	0.94	0.63	-0.5	0.98	0.34	0.96	0.53		0.18	-0.77	-0.21	0.69	0.18	-0.1	0.36
Non Operating Income Net Other	-0.15	0.05	0.05	-0.31	-0.11	-0.3	-0.14	0.09	0.0	-0.12	-0.01	0.06	-0.36	0.14	0.71	-0.04	0.17	0.18		-0.19	-0.34	0.31	-0.13	0.12	0.19
Non Recurring	-0.02	-0.29	-0.24	0.07	-0.25	0.25	-0.06	-0.62	-0.71	0.38	-0.69	-0.5	0.71	-0.73	-0.24	-0.7	-0.26	-0.77	-0.19		0.19	-0.56	-0.34	0.31	-0.02
Discontinued Operations	-0.52	0.03	-0.69	0.15	-0.51	-0.48	-0.56	-0.1	-0.22	-0.43	-0.26	-0.43	-0.26	-0.19	0.11	-0.03	-0.07	-0.21	-0.34	0.19		-0.36	0.42	-0.12	-0.77
Tax Provision	0.37	0.18	0.56	-0.18	0.52	0.08	0.42	0.61	0.63	-0.08	0.64	0.69	-0.39	0.69	0.45	0.62	0.51	0.69	0.31	-0.56	-0.36		-0.1	-0.03	0.5
Interest Income	-0.07	0.17	-0.21	0.32	-0.1	-0.41	-0.11	0.06	0.17	-0.22	0.16	0.08	-0.27	0.17	-0.01	0.23	-0.11	0.18	-0.13	-0.34	0.42	-0.1		-0.7	-0.6
Net Interest Income	-0.01	-0.33	0.05	-0.09	-0.05	0.2	-0.09	0.03	-0.13	0.11	-0.12	-0.19	0.14	-0.1	0.2	-0.12	0.02	-0.1	0.12	0.31	-0.12	-0.03	-0.7		0.24
Reconciled Depreciation	0.54	0.12	0.62	-0.35	0.58	0.7	0.55	0.32	0.39	0.17	0.42	0.39	0.31	0.35	-0.06	0.26	0.34	0.36	0.19	-0.02	-0.77	0.5	-0.6	0.24

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Flotek Industries Account Relationship Matchups

Flotek Industries income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	10.2M	3.8M	1.3M	4.3M	8.8M	7.4M
Interest Expense	2.0M	60K	78K	7.1M	2.9M	4.2M
Selling General Administrative	28.0M	16.3M	20.2M	27.1M	27.9M	36.5M
Total Revenue	119.4M	53.1M	43.3M	136.1M	188.1M	158.6M
Gross Profit	110.9M	49.7M	3.3M	(6.7M)	24.3M	23.0M
Other Operating Expenses	194.5M	115.2M	66.7M	175.1M	164.8M	154.3M
Operating Income	(75.2M)	(62.1M)	(23.5M)	(35.4M)	23.2M	24.4M
Ebit	(75.2M)	(142.6M)	(30.9M)	(38.9M)	27.7M	29.1M
Research Development	8.9M	7.2M	5.5M	4.4M	2.5M	3.9M
Ebitda	(65.0M)	(138.8M)	(29.6M)	(34.5M)	36.5M	38.3M
Cost Of Revenue	8.5M	3.4M	40.0M	142.8M	163.8M	95.7M
Total Operating Expenses	186.1M	111.8M	26.7M	32.3M	30.4M	59.8M
Income Before Tax	(76.9M)	(142.6M)	(30.6M)	(42.3M)	24.9M	26.1M
Total Other Income Expense Net	(1.8M)	1.0M	890K	(6.9M)	1.6M	1.7M
Net Income	(76.7M)	(136.5M)	(30.5M)	(42.3M)	24.7M	25.9M
Income Tax Expense	(201K)	(6.2M)	(40K)	(22K)	149K	141.6K
Net Income Applicable To Common Shares	(33.9M)	(136.5M)	(30.5M)	(42.3M)	(38.1M)	(36.2M)
Net Income From Continuing Ops	(76.7M)	(136.5M)	(30.5M)	(42.3M)	24.7M	25.9M
Non Operating Income Net Other	812K	(8.0M)	1.1M	145K	130.5K	124.0K
Non Recurring	292K	36.7M	81.6M	(2.9M)	(3.4M)	(3.2M)
Tax Provision	(201K)	(6.2M)	(40K)	(22K)	149K	156.5K
Interest Income	2.0M	60K	78K	7.1M	8.1M	8.5M
Net Interest Income	(2.0M)	(60K)	(78K)	(7.1M)	(2.9M)	(3.0M)
Reconciled Depreciation	8.5M	3.4M	1.0M	734K	660.6K	627.6K

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When determining whether Flotek Industries is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Flotek Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Flotek Industries Stock. Highlighted below are key reports to facilitate an investment decision about Flotek Industries Stock:

How To Invest In Flotek

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Is Flotek Stock a good investment?

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What is Flotek Industries' Net Worth?

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For more information on how to buy Flotek Stock please use our How to buy in Flotek Stock guide.

You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

Is Specialty Chemicals space 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.

Quarterly Earnings Growth

Earnings Share

0.23

Revenue Per Share

6.052

Quarterly Revenue Growth

0.052

Return On Assets

0.0255

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 if Flotek Industries is a good investment 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.

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Flotek Historical Income Statement

About Flotek Income Statement Analysis

Flotek Industries Income Statement Chart

Total Revenue

Other Operating Expenses

Tax Provision

Flotek Industries income statement Correlations

Flotek Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Flotek Industries income statement Accounts

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Ebitda	+ 1.0	Ebit
Income Before Tax	+ 0.98	Ebit
Net Income From Continuing Ops	+ 0.98	Income Before Tax
Net Income	+ 0.97	Ebit
Income Before Tax	+ 0.97	Ebitda
Net Income From Continuing Ops	+ 0.96	Ebit

Reconciled Depreciation	- 0.77	Discontinued Operations
Non Recurring	- 0.77	Net Income From Continuing Ops
Non Recurring	- 0.73	Income Before Tax
Non Recurring	- 0.71	Ebit
Net Interest Income	- 0.7	Interest Income
Non Recurring	- 0.7	Net Income