Sector: Industrials | Industry: Environmental Services & Equipment |
Company Contact | |
Address: | 7046 Brown Street DELTA BC V4G 1G8 |
Tel: | N/A |
Website: | https://www.northstarcleantech.com |
IR: | See website |
Key People | ||
Aidan G. Mills President, Chief Executive Officer, Director | Christopher Park Interim Chief Financial Officer | Kellie Johnston General Counsel, Chief Sustainability Officer | Gordon Johnson Director of Business Development, Director |
Business Overview |
Northstar Clean Technologies Inc. is a Canada-based clean technology company. The Company is focused on sustainable recovery and reprocessing of asphalt shingles. The Company, through its wholly owned subsidiary Empower, has developed a design process technology, the Bitumen Extraction and Separation Technology (BEST), at its Empower Pilot Facility for taking discarded or defective single-use asphalt shingles, and extracting the liquid asphalt for use in new hot mix asphalt, shingle manufacturing and asphalt flat roof systems, and aggregate and fiber for use in construction products and other industrial applications. It plans to reprocess used or defective asphalt shingle waste back into its three primary components for reuse/resale at both its Empower Pilot Facility in Delta, British Columbia and its commercial scale-up facility in Calgary, Alberta. |
Financial Overview |
For the six months ended 30 June 2024, Northstar Clean Technologies Inc revenues increased from C$78K to C$311K. Net loss decreased 13% to C$3M. Revenues reflect Repurposing/Reprocessing of asphalt shingles segment increase from C$57K to C$311K, Canada segment increase from C$57K to C$311K. Basic Earnings per Share excluding Extraordinary Items increased from -C$0.03 to -C$0.02. |
Employees: | 16 as of Dec 31, 2022 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $30.96M as of Jun 30, 2024 |
Annual revenue (TTM): | $0.44M as of Jun 30, 2024 |
EBITDA (TTM): | -$4.77M as of Jun 30, 2024 |
Net annual income (TTM): | -$6.24M as of Jun 30, 2024 |
Free cash flow (TTM): | -$12.28M as of Jun 30, 2024 |
Net Debt Last Fiscal Year: | $5.79M as of Jun 30, 2024 |
Shares outstanding: | 128,491,908 as of Sep 17, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |