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 |