Mismanagement

FETFORUM ENERGY TECHNOLOGIES, INC.

Oil & Gas Field Machinery & Equipment

Revenue
$791MFY2021: $541MFY2022: $700MFY2023: $739MFY2024: $816MFY2025: $791M
3.1% YoY
Operating margin
3.8%FY2021: -8.2%FY2022: 2.5%FY2023: 2.8%FY2024: -10.6%FY2025: 3.8%
136% YoY
EBITDA
$64MFY2021: −$2MFY2022: $54MFY2023: $55MFY2024: −$33MFY2025: $64M
293% YoY
Market cap
—
Employees
—
Net debt / EBITDA
4.0×
$258M net debt
AI in 10-K
—

Red flags 0 of 9

Financials

MetricFY2021FY2022FY2023FY2024FY2025YoYTrend
Revenue$541M$700M$739M$816M$791M 3.1% FY2021: $541MFY2022: $700MFY2023: $739MFY2024: $816MFY2025: $791M
Operating income−$44M$17M$21M−$87M$30M 135% FY2021: −$44MFY2022: $17MFY2023: $21MFY2024: −$87MFY2025: $30M
Net income−$83M$4M−$19M−$135M−$10M 93% FY2021: −$83MFY2022: $4MFY2023: −$19MFY2024: −$135MFY2025: −$10M
Operating cash flow−$16M−$17M$8M$92M$70M 24% FY2021: −$16MFY2022: −$17MFY2023: $8MFY2024: $92MFY2025: $70M
Capex$2M$7M$8M$8M$6M 26% FY2021: $2MFY2022: $7MFY2023: $8MFY2024: $8MFY2025: $6M
Stock-based comp$8M$4M$5M$7M$9M 27% FY2021: $8MFY2022: $4MFY2023: $5MFY2024: $7MFY2025: $9M
Buybacks$1M$4M$6M$0$35MFY2021: $1MFY2022: $4MFY2023: $6MFY2024: $0FY2025: $35M

Deal filings

None.

13D filers

None on file.

Insider trading

Open-market buys, 12 mo
$0 · 0
Open-market sells, 12 mo
$451K · 3
Net
−$451K

Pay vs performance

No pay-versus-performance disclosure yet.