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Safe and Green Development Corporation Obtains 25% Pricing Increase on Recurring Compost Purchase Orders
Globenewswire· 2025-12-16 14:00
Third-party aerial flyover of Safe and Green Development Corporation’s compost processing facility in Myakka City, Florida Third-party aerial flyover of Safe and Green Development Corporation’s compost processing facility in Myakka City, Florida MIAMI, FL, Dec. 16, 2025 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQ: SGD) (“SGD” or the “Company”) today announced that it has successfully implemented a 25% price increase on its recurring weekly compost purchase orders at its Myakka, Fl ...
CECO Environmental Secures Record Order Exceeding $135 Million
Globenewswire· 2025-12-15 14:24
Core Insights - CECO Environmental Corp. has announced its largest order to date, exceeding $135 million, which includes a comprehensive emissions management solution for a Texas-based natural gas power generation facility [1] - The company expects full-year 2025 bookings to surpass $1 billion, with a record backlog approaching or exceeding $800 million [1] - CECO's sales pipeline is projected to exceed $6 billion by the end of 2025, indicating strong future growth potential [2] Company Performance - CECO has been recognized in Newsweek's America's Greatest Companies 2025 list and Forbes' 2026 America's Most Successful Small-Cap Companies, highlighting its commitment to delivering world-class solutions and sustainable growth [3] - The CEO emphasized the company's strong performance in the energy transition and power generation sectors, as well as its emerging leadership in international industrial water treatment markets [2] Market Position - CECO operates in various industrial sectors, including air and water quality improvement, emissions management, and energy efficiency, serving markets such as power generation, semiconductor production, and electric vehicle manufacturing [5] - The company is well-positioned to benefit from ongoing trends in natural gas infrastructure expansions, industrial reshoring, and electrification [2]
Arq (ARQ): Clear Street Reiterates Buy Rating
Yahoo Finance· 2025-12-10 19:14
Arq, Inc. (NASDAQ:ARQ) is one of the Best Micro-Cap Stocks to Invest in According to Analysts. Arq (ARQ): Clear Street Reiterates Buy Rating 5 Most Carbon Productive Companies in the World In late November, Clear Street lowered the price target on Arq, Inc. (NASDAQ:ARQ) to $8 from $9 and kept a Buy rating on the shares. In an investor note, the analyst noted that Arq now expects its new Granular Activated Carbon production line issues to persist until mid-2026, prompting a slower modeled ramp to 95%+ ut ...
Safe and Green Development Corporation strengthens its soil and material processing capabilities; Micotec Mill to be delivered in March 2026; Diamond Z and Komptech systems now fully operational
Globenewswire· 2025-12-09 14:15
Core Insights - Safe and Green Development Corporation has secured delivery of the patented Micotec Mill, expected in March 2026, which will enhance its materials processing capabilities and support its strategy to expand in soil and environmental product lines [1][2][4] Group 1: Processing Capabilities - The Micotec Mill features a patented milling process that refines organic materials with precision, allowing for uniform particle sizing and improved material handling [2][4] - The installation of the Micotec Mill is anticipated to increase the production of high-quality soil and growing media products while improving internal manufacturing efficiency and reducing reliance on external refiners [3][6] Group 2: Strategic Positioning - The company holds exclusive rights to utilize the Micotec milling technology in the United States, enhancing its competitive edge in the environmental materials sector [4][5] - The integration of the Micotec Mill with existing processing systems, such as the Diamond Z Horizontal Grinder and Komptech Shredder, aims to create a comprehensive equipment suite that boosts material preparation and production capabilities [7][8] Group 3: Future Expansion - The first installation of the Micotec Mill will occur at the primary green waste facility in Myakka City, Florida, with potential for additional mills at other sites based on performance and market demand [6][8] - The company plans to begin commissioning and testing the Micotec Mill following its delivery, with updates to be provided in future quarterly communications [8]
BioLargo Subsidiary BEST Featured in Chemical Engineering Magazine for PFAS Breakthrough
Accessnewswire· 2025-12-03 11:00
Lake Stockholm, NJ AEC System Delivered and Preparing to Go Live WESTMINSTER, CALIFORNIA / ACCESS Newswire / December 3, 2025 / BioLargo, Inc. (OTCQX:BLGO), a cleantech innovator focused on sustainable water and environmental solutions, announced that its subsidiary, BioLargo Equipment Solutions & Technologies, Inc., has been prominently featured in Chemical Engineering magazine for its advances in electrostatic PFAS ("forever chemicals") treatment technology. The article, titled "Electrostatic PFAS Capture ...
Safe and Green Development Corporation Announces 4,200% Year-Over-Year Revenue Growth in Q3 2025 and Strong Momentum Into Fourth Quarter
Globenewswire· 2025-11-14 14:00
Core Insights - Safe and Green Development Corporation reported record revenue growth and margin expansion for Q3 2025, driven by strong performance in engineered soils and logistics divisions [1][2] - The company achieved total revenue of $4.9 million for the nine months ended September 30, 2025, a significant increase from $0.2 million in the prior-year period, representing over 2,300% year-over-year growth [6] - A key strategic advancement is the full purchase of the Microtec milling system, expected to enhance profitability by enabling the production of high-margin growing media [3][4] Financial Performance - Q3 2025 revenue reached $3.5 million, a remarkable increase of over 4,200% compared to approximately $81 thousand in Q3 2024 [9] - Gross profit for Q3 2025 was $0.9 million, with a gross margin of approximately 26%, up from ~23% in Q2 2025 [9] - The nine-month net loss was $(12.3) million, compared to $(7.4) million in 2024, influenced by non-cash impairment and bad debt charges [6][7] Operational Developments - New equipment delivered to the Florida site is operational and expected to drive increased throughput and efficiency [2][4] - Integration expenses are anticipated to continue through Q4 2025, but a streamlined operating structure is expected by early 2026 [4] - The company is focused on establishing a scalable foundation for future growth, with expectations for continued revenue growth and margin strengthening as it heads into 2026 [11]
Safe and Green Development Corporation Announces Satisfaction of All Outstanding Convertible Debt
Globenewswire· 2025-10-30 13:00
Core Insights - Safe and Green Development Corporation has fully satisfied and retired all outstanding convertible debt obligations, marking a significant achievement in strengthening the company's balance sheet [1][2] - The elimination of this debt enhances the company's financial flexibility and supports its long-term goal of building sustainable value for shareholders [2] Company Overview - Safe and Green Development Corporation is a real estate development and environmental solutions company formed in 2021, focusing on acquiring and investing in properties across the United States for future development into green housing projects [2] - The company wholly owns Resource Group US Holdings LLC, which operates an 80+ acre organics processing facility in Florida, processing source-separated green waste and expanding into sustainable potting media and soil substrates production [2]
CECO Environmental(CECO) - 2025 Q3 - Earnings Call Transcript
2025-10-28 13:32
Financial Data and Key Metrics Changes - The company reported a record backlog of $720 million, up 64% year-over-year and 5% sequentially [14][15] - Quarterly revenue reached $198 million, marking a 46% increase year-over-year [15][16] - Adjusted EBITDA increased by 62% to $23.2 million, with adjusted EPS rising 86% to $0.26 [9][16] Business Line Data and Key Metrics Changes - The company achieved $233 million in new bookings, a 44% increase compared to Q3 2024, with a book-to-bill ratio of approximately 1.2 times [14][15] - The backlog has more than tripled since the end of 2021, with a year-to-date book-to-bill ratio of approximately 1.3 times [18][19] Market Data and Key Metrics Changes - The sales pipeline now exceeds $5.8 billion, indicating strong future growth potential [8][35] - The company is well-positioned in sectors such as power generation, industrial water, and natural gas infrastructure, with substantial orders expected in the coming quarters [11][12] Company Strategy and Development Direction - The company aims to exceed $1 billion in orders for 2026, with projected revenue between $850 million and $950 million, reflecting a year-over-year increase of 15% to 25% [30][31] - Continued focus on operational excellence and cost management initiatives, including the implementation of the 80/20 model, to enhance efficiency and margins [22][54] Management's Comments on Operating Environment and Future Outlook - Management remains optimistic about market dynamics, particularly in energy transition investments and industrial reshoring [28][29] - The company is closely monitoring potential challenges such as tariffs and inflation but believes it is well-prepared to navigate these issues [14][29] Other Important Information - The company has not announced any new M&A transactions since the sale of its global pump business and the acquisition of Profire Energy, but it is actively building its M&A pipeline [13][27] - Free cash flow for the quarter was approximately $19 million, with a year-to-date capital expenditure of about $8.7 million [23][24] Q&A Session Summary Question: Update on large projects in industrial water and power generation - Management indicated strong positioning for large projects, particularly in the Middle East and Asia, focusing on produced water and water reuse applications [39][40] Question: Visibility on 2026 outlook and potential for upward adjustments - Management expressed confidence in the $5.8 billion sales pipeline and noted that winning additional large projects could enhance the 2026 outlook [41][43] Question: Update on the power generation pipeline - Management reported a robust pipeline exceeding $1 billion, with ongoing positive discussions with major OEMs [47][48] Question: Confidence in targeted adjusted EBITDA margin expansion - Management outlined a three-pronged approach to margin expansion, focusing on volume growth, operational investments, and cost management initiatives [52][54] Question: Opportunities in disaggregated power solutions - Management noted limited opportunities depending on the type of power solutions being implemented, with potential for small format gas turbines [61] Question: Macroeconomic backdrop for 2026 guidance - Management indicated a stable macroeconomic environment, with no significant changes expected to impact the company's outlook [69][71] Question: Cross-selling opportunities with Profire Energy - Management highlighted ongoing discussions and initiatives to leverage Profire's offerings across a broader industrial customer base [72][75] Question: Confidence in Q4 bookings potentially being the largest ever - Management cited strong order performance and a record backlog as reasons for confidence in achieving significant bookings in Q4 [76][77]
CECO Environmental(CECO) - 2025 Q3 - Earnings Call Transcript
2025-10-28 13:32
Financial Data and Key Metrics Changes - The company reported a record backlog of $720 million, up approximately 64% year-over-year and 5% sequentially [6][14] - Quarterly revenue reached an all-time high of $198 million, representing a 46% increase year-over-year [8][15] - Adjusted EBITDA increased by 62% to $23.2 million, with adjusted EPS rising 86% to $0.26 [9][16] - Free cash flow for the quarter was approximately $19 million, showing a strong rebound from the first half of 2025 [9][23] Business Line Data and Key Metrics Changes - The company achieved new bookings of $233 million in Q3 2025, a 44% increase compared to Q3 2024, with a book-to-bill ratio of approximately 1.2x [7][14] - Approximately 30% of the year-over-year revenue increase was attributed to recent acquisitions, with the remainder from organic growth [16] - The sales pipeline now exceeds $5.8 billion, indicating strong future growth potential [8][34] Market Data and Key Metrics Changes - The company is well-positioned in sectors such as power generation, industrial water, and natural gas infrastructure, with substantial order growth expected in these areas [11][12] - The company anticipates significant orders in the next four to six quarters, particularly in international water infrastructure projects [12][28] Company Strategy and Development Direction - The company aims to maintain a strong market presence by optimizing project pricing and margin levels while expanding into new geographies [12][13] - The focus remains on building a world-class industrial company through strategic M&A activities and enhancing operational excellence [13][26] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate potential challenges such as tariffs and inflation while maintaining a strong growth trajectory [14][28] - The outlook for 2026 includes projected revenue between $850 million and $950 million, reflecting a year-over-year increase of 15%-25% [29][30] Other Important Information - The company has not announced any new M&A transactions since the sale of its global pump business and the acquisition of Profire Energy, but remains active in building its M&A pipeline [13][26] - The company expects to achieve a net debt to EBITDA leverage ratio of approximately 2.3x, improving its financial flexibility [25] Q&A Session Summary Question: Update on project pipeline in industrial water and power generation - Management highlighted strong positioning in large projects, particularly in the Middle East and Asia, focusing on produced water and water reuse applications [38][39] Question: 2026 outlook and potential for upward adjustments - Management indicated that the $5.8 billion sales pipeline provides high confidence for future bookings, with potential for exceeding current guidance based on project wins [40][42] Question: Activity levels in power generation and data center connections - Management noted robust activity in the power generation sector, with a well over $1 billion pipeline, but cautioned against over-expectation due to the multi-year nature of these projects [46][48] Question: Confidence in adjusted EBITDA margin expansion - Management expressed confidence in achieving 100-150 basis points of margin expansion through volume growth, operational excellence initiatives, and cost management [51][53] Question: Opportunities in disaggregated power solutions - Management acknowledged potential opportunities depending on the type of power solutions chosen, with a focus on small format gas turbines [60] Question: Macroeconomic backdrop for 2026 guidance - Management indicated a stable macroeconomic environment is assumed, with no significant positive or negative changes expected [68][70] Question: Cross-selling opportunities with Profire - Management confirmed ongoing discussions and initiatives to leverage Profire's offerings across CECO's broader industrial customer base [71][74] Question: Confidence in Q4 bookings potentially being the largest ever - Management cited strong order performance and ongoing dialogues with customers as reasons for confidence in achieving record bookings in Q4 [75][77]
CECO Environmental Reports Third Quarter 2025 Results
Globenewswire· 2025-10-28 11:00
Core Insights - CECO Environmental Corp. reported strong financial results for Q3 2025, achieving record revenues and backlog, with year-to-date revenue surpassing the total revenue of 2024 [4][5][10] Financial Performance - Q3 2025 operating income was $9.4 million, an increase of $2.2 million from $7.2 million in Q3 2024. Adjusted non-GAAP operating income rose to $17.5 million, up 59% from $11.0 million [4][8] - Net income for the quarter was $1.5 million, down from $2.1 million in Q3 2024, while non-GAAP net income increased to $9.3 million from $5.2 million [4][8] - Adjusted EBITDA reached $23.2 million, reflecting a 62% increase compared to $14.3 million in Q3 2024, with an adjusted EBITDA margin of 11.7% [4][8] - Free cash flow for the quarter was $19.0 million, up from $11.1 million in Q3 2024 [4][8] Guidance and Outlook - The company maintains its full-year 2025 revenue guidance of $725 to $775 million, representing a 35% increase at the midpoint, and expects adjusted EBITDA between $90 to $100 million, a 50% increase at the midpoint [5][9] - For 2026, CECO projects revenue between $850 and $950 million, a 20% increase at the midpoint, and adjusted EBITDA between $110 and $130 million, a 30% increase at the midpoint [9][10] Orders and Backlog - CECO booked over $232.9 million in new orders during the quarter, a 44% increase, and reported a backlog of $719.6 million, up 64% [8][10] - The sales pipeline now exceeds $5.8 billion, indicating strong future growth potential across various business segments and geographic areas [4][10] Strategic Initiatives - The company successfully divested its Global Pumps business and integrated multiple acquisitions, enhancing its operational capabilities and market position [6][10] - CECO continues to focus on operational excellence initiatives, contributing to margin expansion and overall business transformation [6][10]