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One & one Green Technologies. INC(YDDL) - 2025 Q2 - Earnings Call Transcript
2025-11-18 14:00
Financial Data and Key Metrics Changes - Total revenue for the first half of 2025 was $28.1 million, representing a 50.7% increase from $18.7 million in the first half of 2024 [10] - Gross profit for the period was $7.1 million, a 74% increase from $4.1 million in the first half of 2024 [11] - Net income for the first half of 2025 was $3.8 million, a 59.5% increase from $2.4 million in the first half of 2024 [11] - Diluted earnings per share increased to $0.0736, up from $0.0461 [11] - Gross margin expanded to 35.3%, up from 21.9% in the same period last year [11] Business Line Data and Key Metrics Changes - Copper ingot sales grew to $18.5 million from $8.2 million in the prior year period, driven by strong market demand [10] - Aluminum alloy sales increased modestly to $8.6 million [10] Market Data and Key Metrics Changes - The global metal recycling market is projected to grow from $590 billion in 2025 to over $1 trillion by 2034, with the Asia-Pacific region representing approximately 45% of this expanding market [14][15] Company Strategy and Development Direction - The company focuses on high-demand products while leveraging operational expertise to maximize profitability [15] - The strategic inventory build in the first half ensures the company can meet customer demand without interruption [16] - The company aims to be a reliable partner in the global transition to more resilient supply chains, emphasizing the importance of clean copper, aluminum, and strategic metals [16] Management's Comments on Operating Environment and Future Outlook - The company is optimistic about its future, positioned at the intersection of powerful global trends, including supply chain resilience and national security considerations [13][16] - The company emphasizes the strategic value of alternative supply sources in allied nations, especially in light of recent U.S. tariffs on Chinese imports [14] Other Important Information - The company operates with no interest-bearing debt and ended the period with total assets of $49.9 million and total shareholders' equity of $25.3 million [12] - Cash used in operating activities was $1.7 million, primarily directed towards increasing inventory to $20.6 million [12] Q&A Session Summary - No specific questions and answers were provided in the content.
One and One Green Technologies. INC Announces Full Exercise of the Over-allotment Option by Underwriters
Globenewswire· 2025-10-28 20:00
Core Viewpoint - One and one Green Technologies, a waste materials and scrap metal recycling company in the Philippines, successfully completed its initial public offering (IPO) by fully exercising the over-allotment option, raising an additional $1.5 million, bringing total gross proceeds to approximately $11.5 million from the sale of 2.3 million Class A ordinary shares at $5.00 per share [1][2]. Company Overview - One and one Green Technologies is headquartered in the Philippines and operates through its subsidiaries, Yoda Metal and Craft Trading and Services Corp. and DL Metal Corporation, focusing on recycling, production, and trading of scrap metals [6]. - The company holds a government-issued license to import hazardous waste as raw materials and has an annual processing capacity of about 300,000 tons [7]. Environmental Technologies - One and one has developed environmentally friendly technologies, including an exhaust gas recirculation system, which has received regular approval from the Environmental Management Bureau of the Philippines. This system enhances operational efficiency while minimizing contamination [8]. Market Expansion Plans - The company aims to expand its sourcing of raw materials from Japan and South Korea and intends to broaden its market presence across Southeast Asia and other international markets [8].
One and One Green Technologies. INC Announces Closing of Initial Public Offering
Globenewswire· 2025-10-10 15:45
Core Viewpoint - One and one Green Technologies, INC has successfully completed its initial public offering, raising $10 million, with potential additional proceeds of $1.5 million if the over-allotment option is fully exercised [1][2]. Company Overview - One and one Green Technologies, INC is a waste materials and scrap metal recycling company based in the Philippines, operating through its subsidiaries Yoda Metal and Craft Trading and Services Corp. and DL Metal Corporation [6]. - The company holds a government-issued license to import hazardous waste as raw materials and has an annual processing capacity of approximately 300,000 tons [7]. Financial Details - The initial public offering consisted of 2,000,000 Class A ordinary shares priced at $5.00 each, with gross proceeds of $10 million before expenses [1]. - If the underwriters exercise their 30-day option to purchase an additional 300,000 shares, total gross proceeds could reach $11.5 million [2]. Offering Process - The offering was conducted on a firm commitment basis, with Cathay Securities, Inc. serving as the sole underwriter [3]. - A registration statement related to the offering was filed with the U.S. Securities and Exchange Commission and became effective on September 29, 2025 [4]. Environmental Commitment - The company has developed environmentally friendly technologies, including an exhaust gas recirculation system that enhances efficiency and reduces contamination [8]. - One and one aims to expand its sourcing of raw materials from Japan and South Korea and increase its market presence in Southeast Asia and other international markets [8].