Ecolomondo Releases its Interim Consolidated Financial Statements for the Third Quarter of 2025
Thenewswire·2025-11-28 14:00

Core Insights - Ecolomondo Corporation has made significant progress in ramping up its Hawkesbury Thermal Decomposition facility, achieving key milestones in production and sales of recovered carbon black (rCB) and tire-derived oil (TDO) [2][5][11] Financial Performance - For the three-month period ended September 30, 2025, Ecolomondo reported revenues of $415,192, a 263% increase compared to the same period in 2024, driven by sales of end-products and tipping fees [11] - The company generated record gross revenues of $224,175 in September 2025, marking a 325% increase over September 2024 [11] - Losses from operations totaled $1,773,919 for the quarter, an increase from a loss of $1,303,500 in the same period of 2024, primarily due to increased expenses related to ramp-up activities [11] Production and Sales Milestones - The Hawkesbury TDP facility has seen increased production output, performing 30 batches in October 2025, compared to 17, 33, and 29 in the previous three quarters [4] - The main off-take customer for rCB approved the quality of the product, leading to an initial order of 23 metric tons, followed by additional orders, indicating strong demand [3] - Sales of rCB reached $243,053 in Q3 2025, a remarkable increase of 2690% from $8,713 in the same period of 2024 [5] Strategic Developments - Ecolomondo appointed a new Chief Technology Officer, Mario Mantaci, to oversee technology development and optimization, focusing on the ramp-up of the Hawkesbury facility [6] - The company aims for full ramp-up of the facility by July 2026, with ongoing investments planned to enhance operations [13] Environmental Impact - The TDP process is expected to significantly reduce greenhouse gas emissions, with the Hawkesbury facility projected to cut CO2 emissions by 15,000 tons annually [17]