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FTK...💪Strong!...Flotek Provides Strong 2025 Outlook in Connection with Announcing Robust First Quarter 2025 Revenue and Profit Growth

HOUSTON, May 6, 2025 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced operational and financial results for the quarter ended March 31, 2025. First quarter 2025 results were the strongest quarterly results in terms of revenue, gross profit, net income and adjusted EBITDA (1) in the last 5 years.

In 2024, our total revenue was $187.0 million, our net income was $10.5 million and our adjusted EBITDA(1) was $20.3 million. As a result of our continued growth during the first quarter of 2025 and the impact of our recently announced acquisition of mobile power generation assets and subsequent long-term lease, Flotek expects increased revenues and profitability in 2025, as compared to 2024, and initiates the following 2025 guidance metrics:

2025 Outlook
Total Revenue between $200 million and $220 million
Adjusted EBITDA(2) between $34 million and $39 million
The mid-points of the ranges above represent increases of 12% and 80%, as compared to the respective metrics in 2024.

https://ir.flotekind.com/2025-05-06-Flotek-Provides-Strong-2025-Outlook-in-Connection-with-Announcing-Robust-First-Quarter-2025-Revenue-and-Profit-Growth