Flotek Industries : January 2023 Investor Summary - January 2023
January 26, 2023 at 01:33 pm
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JANUARY 2023
Investor Summary
NYSE: FTK
Forward-Looking Statements
Certain statements set forth in this presentation constitute forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934) regarding Flotek Industries, Inc.'s business, financial condition, results of operations and prospects. Words such as will, continue, expects, anticipates, intends, plans, believes, seeks, estimates and similar expressions or variations of such words are intended to identify forward-looking statements, but are not the exclusive means of identifying forward-looking statements in this press release. Although forward- looking statements in this presentation reflect the good faith judgment of management, such statements can only be based on facts and factors currently known to management. Consequently, forward-looking statements are inherently subject to risks and uncertainties, and actual results and outcomes may differ materially from the results and outcomes discussed in the forward-looking statements. Further information about the risks and uncertainties that may impact the Company are set forth in the Company's most recent filing with the Securities and Exchange Commission on Form 10-K (including, without limitation, in the "Risk Factors" section thereof), and in the Company's other SEC filings and publicly available documents. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this presentation. The Company undertakes no obligation to revise or update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this presentation.
Investor Presentation / January 2023
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Investment Summary
FTK is a simple 2023 investment story
Rapid revenue growth phase
Transition to positive cash flow
Improving balance sheet
Capital light business model
Full cycle resilience
Investor Presentation / January 2023
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Company Overview
FLOTEK INDUSTRIES (FTK)
Technology-driven chemistry and
data analytics company
Marlow, OK
Raceland, LA
Founded:
1985
Monahans, TX
Houston, TX (HQ)
Employees:
164
Abu
Dhabi,
Countries with Clients:
15+
UAE
Headquarters
Corporate Headquarters: Houston
Offices
Chemical Technologies
Data Analytics
Energy Chemistry
Commercial & Consumer
Digital Technologies &
Technologies
Professional Chemistry
Data Analytics
Sustainable stimulation chemistry to
High-performance products for
Transforming business through real-time data, monitoring
5X increase in volume of custom chemistry solutions provided YoY
Improving working capital metrics
Only 10% addition to headcount
Zero lost time incidents in field operations
Investor Presentation / January 2023
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Flotek Industries Inc. published this content on 26 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 January 2023 13:32:02 UTC.
Flotek Industries, Inc. is a technology-driven, specialty green chemistry and data company. The Companyâs segments include Chemistry Technologies and Data Analytics. The Companyâs Chemistry Technologies segment designs, develops, manufactures, packages and distributes green, specialty chemicals that help customers improve their return on invested capital, lower operational costs and realize tangible environmental benefits aimed at enhancing the profitability of hydrocarbon producers. The Companyâs Data Analytics segment provides analytics associated with their hydrocarbon streams in seconds rather than minutes or days. The real-time access to information prevents waste, reduces reprocessing and allows users to pursue automation of their hydrocarbon streams to increase their profitability. It helps customers across industrial and commercial markets improve their environmental performance. It serves specialty chemistry needs for both domestic and international energy markets.