Aduro Clean Technologies Reports Fourth Quarter and Fiscal Year 2025 Results and Provides Business Update

Core Insights - Aduro Clean Technologies Inc. reported significant advancements in its strategic initiatives during fiscal year 2025, including the construction of its Pilot Plant and expanded feedstock testing [2][5][17] - The company experienced a 31% decrease in revenue year-over-year, totaling CAD $231,212 for fiscal year 2025, while operational losses increased by 63% to CAD $12,145,790 [4][5] - Aduro's financial position remains strong, with a cash balance of CAD $6.96 million at year-end, up 147% from the previous year [6][5] Financial Performance - Revenue for Q4 2025 was CAD $74,670, a 27% decrease from CAD $102,250 in Q4 2024 [5] - The total revenue for fiscal year 2025 was CAD $231,212, down from CAD $337,516 in fiscal year 2024 [4][5] - Loss from operations for Q4 2025 was CAD $3,716,774, compared to CAD $1,792,219 in Q4 2024 [5] Operational Developments - The construction of the NGP Pilot Plant is progressing, with commissioning activities expected to begin in September 2025 [2][15][16] - Aduro signed a Memorandum of Understanding (MOU) with NexGen Polymers to explore the development of a demonstration-scale HCT plant [7][8] - A strategic collaboration with Siemens Canada was established to enhance automation and control systems for the Pilot Plant [9][10] Feedstock and Technology Innovations - Aduro is testing synthetic turf waste using Hydrochemolytic™ Technology, showing promising results in converting complex materials into shorter-chain hydrocarbons [22][23] - An MOU with Cleanfarms Inc. was signed to evaluate agricultural plastics that are difficult to recycle, aiming to generate data on the feasibility of HCT for these materials [11][12] - The company engaged Delphi for a Life Cycle Assessment of HCT, focusing on its environmental impact compared to traditional recycling methods [13][14] Strategic Partnerships and Industry Engagement - Aduro joined the Plastics Industry Association and the Polystyrene Recycling Alliance to enhance its network and collaboration opportunities within the recycling sector [20][21] - The company appointed David Weizenbach as Chief Operating Officer to strengthen operational leadership during the transition to pilot-scale execution [18][19]