Aduro Clean Technologies (ACT) Q2 2025 earnings summary

Executive summary

• Achieved transformative milestones, including uplisting to Nasdaq and a successful US public offering raising US$4.52 million.

• Engaged Zeton to develop a Hydrochemolytic pilot facility, advancing commercialization efforts.

• Signed MOU with GF Building Flow Solutions Americas to address recycling of crosslinked polyethylene waste.

• Showcased technology at major industry conferences and expanded outreach through podcasts and international events.

Financial highlights

• Q2 2025 revenue was $38,143, down 48% year-over-year; six-month revenue was $93,143, down 29%.

• Loss from operations increased to $3.11 million in Q2 2025 from $2.08 million in Q2 2024, driven by growth and uplisting costs.

• Cash position stood at $9.2 million as of November 30, 2024.

• Property, plant, and equipment carrying cost rose to $4.1 million, reflecting investment in research and lab facilities.

Outlook and guidance

• Proceeds from the public offering will fund R&D, pilot plant construction, and general corporate purposes.

• Pilot plant with Zeton on track for delivery and commissioning by Q3 2025.

• Management anticipates achieving full market readiness and sustainable growth through commercialization.