Hudson Technologies (HDSN) Investor presentation summary

Market positioning and operations

• Operates over 40 facilities nationwide, including 3 carbon-neutral reclamation sites, and handles more than 300,000 cylinders annually.

• Maintains one of the largest used refrigerant recovery and reclamation operations in the U.S., with AHRI-certified labs and a broad sales network.

• Offers a comprehensive portfolio of legacy and next-generation refrigerants, all meeting or exceeding AHRI 700 purity standards.

• Provides direct-to-wholesaler and direct-to-customer supply chain solutions, serving residential, commercial, and industrial end users.

• Delivers on-site refrigerant services with proprietary portable equipment, enabling rapid and efficient system remediation.

Strategic growth and industry trends

• Well-positioned to benefit from the EPA-mandated phasedown of virgin HFCs, driving demand for reclaimed refrigerants.

• Recent acquisitions of USA Refrigerants and Refrigerants Inc. expanded the recovery network and market presence, especially in the Western U.S.

• Engages in innovative recovery pilots with government agencies and offers incentives and training to contractors for refrigerant recovery.

• Strategic partnerships with OEMs and contractors support efficient refrigerant recovery and supply continuity.

• Focuses on bridging the supply gap for HFCs and supporting the transition to lower GWP HFO refrigerants.

Financial performance and capital strategy

• Achieved strong revenue and profitability in 2022 and 2023, driven by higher refrigerant prices.

• Reported $60.2M in revenue and $1.5M in operating income for Q1 2026, with $0.01 diluted EPS.

• De-levered balance sheet by paying down all debt in 2023, resulting in a strong cash position and $5.58 per share in equity as of March 2026.

• Employs a disciplined capital allocation strategy focused on organic growth, acquisitions, and share repurchases.