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Karbon-X Corp. Reports Q1 2026 Revenue Growth and Strengthened Financial Position
Globenewswire· 2025-10-16 12:00
Revenue reached $35.7 million, marking a 27,883% year-over-year increase driven by accelerated trading activity, and the continued expansion of Karbon-X’s global carbon operations.CALGARY, Alberta, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Karbon-X Corp. (OTCQX:KARX) (“Karbon-X” or “the Company”), a vertically integrated climate solutions company, today announced financial results for the first quarter ended August 31, 2025, marking record revenue growth and continued execution of its strategic plan. The full filin ...
Karbon-X Corp. Files Year-End Financial Results
Globenewswire· 2025-09-17 12:00
Core Insights - Karbon-X Corp. has filed its Form 10-K with audited financial results for the fiscal year ended May 31, 2025, highlighting significant operational and strategic developments [1][2]. Operational and Strategic Highlights - The year 2025 was pivotal for Karbon-X, marked by the acquisition of ALLCOT Group, the launch of trading operations, and new partnerships that enhanced its position in the global carbon market [3]. - The company aims to expand its role in both compliance and voluntary carbon markets, advance new partnerships, and scale its portfolio of climate solutions [4]. Financial Highlights - Revenue surged to $3.16 million, up from $0.41 million in the prior year, marking the first full year of active carbon credit trading [7]. - The company recognized $3.86 million in deferred revenue from forward carbon credit contracts, including those acquired through the ALLCOT transaction [7]. - Revenue-generating agreements with major energy producers and the BK Dukes contributed to $3.79 million in receivables from forward carbon credit sales [7]. Company Overview - Karbon-X Corp. is a vertically integrated climate solutions company providing end-to-end climate solutions across compliance and voluntary markets, ensuring transparency and impact at every step [5].
Nature's Miracle Holding Inc. ("NMHI") Plans to Acquire $20 million Carbon Credit Portfolio to Develop XRP-Based Tokenized Carbon Product
Prnewswire· 2025-09-15 12:30
Core Insights - Nature's Miracle Holding Inc. has signed a Letter of Intent to acquire a $20 million Carbon Credit portfolio, equivalent to approximately one million metric tons of CO2 emission reduction [1][2] - The company plans to utilize XRP ledger technology to develop tokenized carbon credit products, enhancing transparency and efficiency in carbon markets [1][2] - The global carbon credit market is projected to reach USD 35 billion by 2030, indicating significant growth potential in this sector [1] Company Overview - Nature's Miracle Holding Inc. operates in the agriculture technology sector, providing products and services in Controlled Environment Agriculture (CEA) and is also involved in electric vehicle distribution and bitcoin mining [3] - The company aims to be a pioneer in utilizing XRP digital treasury programs and related technologies for tokenization of real-world assets [3] Strategic Partnerships - The acquisition of the carbon credit portfolio is in collaboration with Carbon Credit Corporation, which focuses on green finance and ESG initiatives [4] - The partnership aims to enhance the accessibility, liquidity, and accountability of carbon credit trading, particularly in light of regulatory frameworks like the EU Carbon Border Adjustment Mechanism and the US Clean Competition Act [2][4]