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Cielo Waste Solutions Corp. (C:CMC)

Business Focus: Waste to Energy Systems & Equipment

Sector:  Energy Industry:  Renewable Energy Equipment & Services
 
Company Contact
Address: 605-5th Avenue S.W., Suite 2500
ALBERTA BEACH AB T2P 3H5
Tel: N/A
Website: N/A
IR: N/A
Key People
Ryan Jackson
Chief Executive Officer, Director
James H. Ross
Chief Financial Officer
Ryan Carruthers
Executive Vice President - Operations
Raphael Bohlmann
Vice President of Marketing
   
Business Overview
Cielo Waste Solutions Corp. is a waste-to-fuel environmental technology company. The Company is focused on converting waste feedstocks, including organic material and wood derivative waste to fuel. It owns an exclusive license in Canada for patented Enhanced Biomass to Liquids (EBTL) and Biomass Gas to Liquids (BGTL) technologies and related intellectual property, and an exclusive license in the United States for creosote and treated wood by-products, including abundant discarded railway tie feedstock. EBTL is a patented process to integrate gasification, hydrogen generation and Fischer-Tropsch conversion of biomass to produce fossil-free renewable and net-zero carbon intensity fuel. BGTL process utilizes a gasifier to convert cellulosic biomass into bio-syngas (hydrogen and carbon monoxide), which is then converted into synthetic paraffinic diesel (SPD) through Fischer-Tropsch Synthesis. It is also focused on the development of its Thermal Catalytic Depolymerization (TCD) process.
Financial Overview
For the nine months ended 31 January 2024, Cielo Waste Solutions Corp revenues was not reported. Net loss applicable to common stockholders decreased 71% to C$9.3M. Lower net loss reflects Impairment of property, plant and equipm decrease of 85% to C$3.8M (expense), Interest on loans decrease of 61% to C$698K (expense), Salaries and benefits decrease of 63% to C$502K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $43.98M as of Jan 31, 2024
Annual revenue (TTM): $0.00M as of Jan 31, 2024
EBITDA (TTM): -$4.65M as of Jan 31, 2024
Net annual income (TTM): -$13.37M as of Jan 31, 2024
Free cash flow (TTM): -$4.55M as of Jan 31, 2024
Net Debt Last Fiscal Year: $2.63M as of Jan 31, 2024
Shares outstanding: 113,302,703 as of Jan 31, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization