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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	5.03	4.4	5.85	12.29	11.53	38.66
Cash & Short-Term Investments	5.03	4.4	5.85	12.29	11.53	38.66
Cash Growth	5.25%	-24.73%	-52.39%	6.55%	-70.17%	-61.56%
Accounts Receivable	66.31	75.7	54.09	48.93	13.3	11.76
Other Receivables	-	-	-	-	-	0.4
Receivables	66.31	75.7	54.09	48.93	13.3	12.17
Inventory	12.3	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	3.08	2.95	3.56	3.03	6.52	3.13
Total Current Assets	86.83	96.46	76.45	80.07	42.6	66.46
Property, Plant & Equipment	24.4	9.5	10.16	10.73	7.34	11.41
Goodwill	-	-	-	-	-	8.09
Long-Term Accounts Receivable	59.39	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	1.59	1.68	1.79	1.03	0.03	0.03
Total Assets	172.24	170.8	157.51	164.81	50.24	86.21
Accounts Payable	36.35	38.07	31.71	33.38	7.62	5.79
Accrued Expenses	10.47	3.9	3.71	7.88	6.19	6.91
Short-Term Debt	5.56	5.86	9.07	103.37	-	-
Current Portion of Long-Term Debt	-	0.06	0.18	2.05	1.44	4.05
Current Portion of Leases	1.33	1.49	2.47	3.36	0.64	0.7
Current Income Taxes Payable	0.09	0.05	0.05	0.1	0	0.02
Current Unearned Revenue	0.88	0.81	0.55	0.66	0.53	0.15
Other Current Liabilities	-	0.13	0.06	0.58	2.36	11.25
Total Current Liabilities	54.68	50.37	47.78	151.37	18.78	28.86
Long-Term Debt	39.54	-	0.06	2.74	3.35	1.62
Long-Term Leases	6.18	6.51	7.68	8.06	7.83	8.44
Long-Term Unearned Revenue	-	0.01	0.04	0.04	0.09	0.12
Total Liabilities	100.39	56.9	55.55	162.21	30.05	39.04
Common Stock	0	0	0	0	0.01	0.01
Additional Paid-In Capital	415.64	464.62	463.14	388.18	363.42	359.72
Retained Earnings	-309.16	-316.31	-326.81	-351.52	-309.21	-278.69
Treasury Stock	-34.73	-34.67	-34.5	-34.25	-34.1	-33.85
Comprehensive Income & Other	0.1	0.25	0.13	0.18	0.08	-0.02
Total Common Equity	71.85	113.9	101.96	2.6	20.19	47.17
Shareholders' Equity	71.85	113.9	101.96	2.6	20.19	47.17
Total Liabilities & Equity	172.24	170.8	157.51	164.81	50.24	86.21
Total Debt	52.61	13.92	19.45	119.58	13.26	14.81
Net Cash (Debt)	-47.58	-9.52	-13.6	-107.29	-1.73	23.86
Net Cash Growth	-	-	-	-	-	-71.23%
Net Cash Per Share	-1.46	-0.31	-0.48	-8.65	-0.14	2.10
Filing Date Shares Outstanding	29.71	29.68	29.41	14.31	12.48	11.63
Total Common Shares Outstanding	29.71	29.68	29.42	12.58	11.95	11.72
Working Capital	32.16	46.09	28.67	-71.3	23.82	37.59
Book Value Per Share	2.42	3.84	3.47	0.21	1.69	4.03
Tangible Book Value	71.85	113.9	101.96	2.6	20.19	39.08
Tangible Book Value Per Share	2.42	3.84	3.47	0.21	1.69	3.34
Land	0.89	0.89	0.89	0.89	0.89	2.42
Buildings	6.68	5.72	5.48	5.36	5.47	6.36
Machinery	11.56	11.37	10.15	9.5	9.52	10.9

Updated May 8, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q