Flotek Industries, Inc. (FTK)

Flotek Industries Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	6.25	4.4	5.85	12.29	11.53	38.66
Cash & Short-Term Investments	6.25	4.4	5.85	12.29	11.53	38.66
Cash Growth	19.81%	-24.73%	-52.39%	6.55%	-70.17%	-61.56%
Accounts Receivable	73.84	75.7	54.09	48.93	13.3	11.76
Other Receivables	-	-	-	-	-	0.4
Receivables	73.84	75.7	54.09	48.93	13.3	12.17
Inventory	13.69	13.3	12.84	15.72	9.45	11.84
Restricted Cash	0.1	0.1	0.1	0.1	1.79	0.66
Other Current Assets	3.46	2.95	3.56	3.03	6.52	3.13
Total Current Assets	97.35	96.46	76.45	80.07	42.6	66.46
Property, Plant & Equipment	9.43	9.5	10.16	10.73	7.34	11.41
Goodwill	-	-	-	-	-	8.09
Long-Term Accounts Receivable	61.78	63.11	68.82	72.58	-	-
Long-Term Deferred Tax Assets	0.04	0.05	0.3	0.4	0.28	0.22
Other Long-Term Assets	1.64	1.68	1.79	1.03	0.03	0.03
Total Assets	170.24	170.8	157.51	164.81	50.24	86.21
Accounts Payable	38.97	38.07	31.71	33.38	7.62	5.79
Accrued Expenses	2.47	3.9	3.71	7.88	6.19	6.91
Short-Term Debt	0.55	5.86	9.07	103.37	-	-
Current Portion of Long-Term Debt	0.02	0.06	0.18	2.05	1.44	4.05
Current Portion of Leases	1.32	1.49	2.47	3.36	0.64	0.7
Current Income Taxes Payable	0.13	0.05	0.05	0.1	0	0.02
Current Unearned Revenue	0.96	0.81	0.55	0.66	0.53	0.15
Other Current Liabilities	0	0.13	0.06	0.58	2.36	11.25
Total Current Liabilities	44.4	50.37	47.78	151.37	18.78	28.86
Long-Term Debt	-	-	0.06	2.74	3.35	1.62
Long-Term Leases	6.12	6.51	7.68	8.06	7.83	8.44
Long-Term Unearned Revenue	0.01	0.01	0.04	0.04	0.09	0.12
Total Liabilities	50.53	56.9	55.55	162.21	30.05	39.04
Common Stock	0	0	0	0	0.01	0.01
Additional Paid-In Capital	465.11	464.62	463.14	388.18	363.42	359.72
Retained Earnings	-310.93	-316.31	-326.81	-351.52	-309.21	-278.69
Treasury Stock	-34.69	-34.67	-34.5	-34.25	-34.1	-33.85
Comprehensive Income & Other	0.21	0.25	0.13	0.18	0.08	-0.02
Total Common Equity	119.7	113.9	101.96	2.6	20.19	47.17
Shareholders' Equity	119.7	113.9	101.96	2.6	20.19	47.17
Total Liabilities & Equity	170.24	170.8	157.51	164.81	50.24	86.21
Total Debt	7.99	13.92	19.45	119.58	13.26	14.81
Net Cash (Debt)	-1.74	-9.52	-13.6	-107.29	-1.73	23.86
Net Cash Growth	-	-	-	-	-	-71.23%
Net Cash Per Share	-0.06	-0.31	-0.48	-8.65	-0.14	2.10
Filing Date Shares Outstanding	29.68	29.68	29.41	14.31	12.48	11.63
Total Common Shares Outstanding	29.68	29.68	29.42	12.58	11.95	11.72
Working Capital	52.94	46.09	28.67	-71.3	23.82	37.59
Book Value Per Share	4.03	3.84	3.47	0.21	1.69	4.03
Tangible Book Value	119.7	113.9	101.96	2.6	20.19	39.08
Tangible Book Value Per Share	4.03	3.84	3.47	0.21	1.69	3.34
Land	0.89	0.89	0.89	0.89	0.89	2.42
Buildings	6.16	5.72	5.48	5.36	5.47	6.36
Machinery	11.38	11.37	10.15	9.5	9.52	10.9

Updated Mar 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q