On the stock market since 1993, it operates in the world of heavy industry. It has 77 employees. Now — the numbers.
The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.
That much dependence is a risk in itself: if this one line weakens, the whole company feels it directly.
Before the clock runs out, either sales must climb sharply or new money must come in. For now, time is on the company’s side.
Executives buying with their own money is usually read as confidence in the company’s future.
We compared this company with its own sector across five subjects.
A score of 50 means class average.
Clearly below the class average.
The cash pile is strong; debt and other items pull the grade toward the middle.
Clearly below the class average.
Clearly below the class average.
Clearly below the class average.
Business Quality: Profit power and business quality trail similar companies in the sector.
Price Momentum: The stock has lagged the market in recent months; investor interest is weak right now.
The stock trades 58% below its peak. The market has trimmed its expectations for the company.
The company sells $26.7M a year; the problem isn’t sales — it’s costs running above that number.
There is $24.9M in the vault; even if every debt were paid off, $24.3M would remain.
Over the last 12 months, company executives reported 11 buys and 1 sell. Management buying with its own money is usually read as a good sign.
A loss of $2.3M against $26.7M in annual sales.
Measured against its sector, the quality of the business sits below the class average. Report-card grade: 26/100.
Buyers haven’t stepped back in yet; the price hasn’t found its footing. Report-card grade: 26/100. For a turnaround signal, the stock first needs to close the gap with the market.
On our five-subject report card, FTEK sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: FTEK is a small company that closed last year at a loss. The road back to profit runs through spending discipline.