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Aduro Clean Technologies Inc. (C:ACT)

Business Focus: Environmental Services & Equipment (NEC)

Sector:  Industrials Industry:  Environmental Services & Equipment
 
See Regulatory Filings on SEDAR
Company Contact
Address: #104 - 1086 Modeland Road
SARNIA ON N7S 6L2
Tel: N/A
Website: https://adurocleantech.com
IR: See website
Key People
N/A    
Business Overview
Aduro Clean Technologies Inc. is a Canada-based clean technology company. The Company is a developer of water-based technologies to chemically recycle waste plastics; convert heavy crude and bitumen into lighter, more valuable oil, and transform renewable oils into higher-value fuels or renewable chemicals. Its chemical recycling platform features three water-based technologies: Hydrochemolytic Plastics Upcycling (HPU), Hydrochemolytic Renewables Upgrading (HRU) and Hydrochemolytic Bitumen Upgrading (HBU). The Company's HPU transforms plastics into useful feedstocks in the circular economy for production of new plastics and foams, paints and coatings, and detergents, or into high performance fuels. Its HRU transforms renewable oils into renewable motor fuels, bio-jet fuel, and specialty chemicals at relatively low temperatures. Its HBU transforms heavy crude oil and bitumen into light synthetic crude co-processing biobased feedstocks, such as cellulose or glycerol.
Financial Overview
For the nine months ended 28 February 2022, Aduro Clean Technologies Inc revenues was not reported. Net loss increased from C$130K to C$3.7M. Higher net loss reflects General and administrative increase from C$136K to C$1.3M (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -C$0.01 to -C$0.16.
Reporting Currency: Canadian Dollars
Enterprise value: $40.28M as of Feb 28, 2022
Annual revenue (TTM): $0.04M as of Feb 28, 2022
EBITDA (TTM): -$6.42M as of Feb 28, 2022
Net annual income (TTM): -$6.83M as of Feb 28, 2022
Free cash flow (TTM): -$3.42M as of Feb 28, 2022
Net Debt Last Fiscal Year: N/A
Shares outstanding: 51,168,123 as of Apr 12, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization