See more : INDIA RADIATORS LTD. (INRADIA.BO) Income Statement Analysis – Financial Results
Complete financial analysis of CleanCore Solutions, Inc. (ZONE) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of CleanCore Solutions, Inc., a leading company in the Industrial – Pollution & Treatment Controls industry within the Industrials sector.
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CleanCore Solutions, Inc. (ZONE)
Industry: Industrial - Pollution & Treatment Controls
Sector: Industrials
Website: https://www.cleancoresol.com
About CleanCore Solutions, Inc.
CleanCore Solutions, Inc. engages in developing, manufacturing, and selling cleaning products that produces pure aqueous ozone for professional, industrial, and home use. The company's product includes fill station, power caddy, and power minicaddy, ice treatment machine, commercial laundry, and residential laundry. It offers products and solutions that are marketed for janitorial and sanitation, ice machine cleaning, laundry, and industrial industries. CleanCore Solutions, Inc. was formerly known as CC Acquisition Corp. and changed its name to CleanCore Solutions, Inc. in November 2022. The company was incorporated in 2022 and is based in Omaha, Nebraska.
Metric | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|
Revenue | 1.60M | 2.44M | 2.65M | 1.67M |
Cost of Revenue | 809.16K | 1.72M | 1.96M | 1.24M |
Gross Profit | 795.81K | 724.01K | 692.58K | 429.50K |
Gross Profit Ratio | 49.58% | 29.66% | 26.15% | 25.68% |
Research & Development | 0.00 | 0.00 | 0.00 | 0.00 |
General & Administrative | 2.47M | 5.75M | 928.25K | 1.58M |
Selling & Marketing | 116.01K | 19.57K | 30.88K | 43.52K |
SG&A | 2.59M | 5.77M | 959.13K | 1.63M |
Other Expenses | 155.06K | 0.00 | 0.00 | 0.00 |
Operating Expenses | 2.74M | 5.77M | 959.13K | 1.63M |
Cost & Expenses | 3.55M | 7.49M | 2.91M | 2.87M |
Interest Income | 0.00 | 0.00 | 0.00 | 0.00 |
Interest Expense | 335.01K | 292.86K | 275.06K | 212.09K |
Depreciation & Amortization | 155.06K | 115.56K | 19.43K | 20.17K |
EBITDA | -1.79M | -4.90M | -247.13K | -1.18M |
EBITDA Ratio | -111.63% | -202.14% | -9.33% | -70.30% |
Operating Income | -1.95M | -5.05M | -266.55K | -1.20M |
Operating Income Ratio | -121.29% | -206.87% | -10.07% | -71.50% |
Total Other Income/Expenses | -335.01K | -292.86K | -275.06K | -212.09K |
Income Before Tax | -2.28M | -5.34M | -541.61K | -1.41M |
Income Before Tax Ratio | -142.17% | -218.86% | -20.45% | -84.18% |
Income Tax Expense | 0.00 | -4.00 | 5.00 | 1.00 |
Net Income | -2.28M | -5.02M | -541.61K | -1.41M |
Net Income Ratio | -142.17% | -205.75% | -20.45% | -84.18% |
EPS | -0.53 | -2.18 | -0.07 | -0.18 |
EPS Diluted | -0.53 | -2.18 | -0.07 | -0.18 |
Weighted Avg Shares Out | 4.31M | 2.30M | 7.96M | 7.96M |
Weighted Avg Shares Out (Dil) | 4.31M | 2.30M | 7.96M | 7.96M |
PROSPECT RIDGE CONFIRMS LARGE MINERALIZED SYSTEM AT COPPER RIDGE ZONE OF KNAUSS CREEK PROPERTY IN BRITISH COLUMBIA, CANADA
NEW FOUND MAKES NEW DISCOVERY AT DEPTH WITH 343 G/T AU OVER 2.15M, 40.6 G/T OVER 2.20M & 9.51 G/T AU OVER 7.45M AT "GOLDEN DOME" ZONE
CleanCore Solutions, Inc. (ZONE) Expands Early Education Vertical with Montessori Schools
NEW FOUND INTERCEPTS 105 G/T AU OVER 2.10M & 10.4 G/T AU OVER 4.45M AT "PISTACHIO" ZONE AT KINGSWAY, HITS 36.7 G/T AU OVER 2M AT JACKPOT
CleanCore Solutions, Inc. (ZONE) to Ring NYSE Opening Bell Today
COMCAST LAUNCHES FIRST FLAGSHIP LIFT ZONE TO ADVANCE DIGITAL EQUITY AT INSPIREDU IN ATLANTA
CleanCore Solutions, Inc. (ZONE) Announces Initial Purchase Agreement with Knight-Swift Transportation (NYSE: KNX), One of North America's Largest Freight Transportation Companies
CleanCore Solutions, Inc. (ZONE) Reports 2024 Fiscal Year Financial Results and Provides Business Update
CleanCore Solutions, Inc. (ZONE) Announces Successful Installation of Over 200 Cleaning Systems at a Leading University in the United States
CleanCore Solutions, Inc. (ZONE) Announces Successful Launch of Revenue Generating Pilot Program with One of the World's Leading International Logistics Companies
Source: https://incomestatements.info
Category: Stock Reports
How did CleanCore Solutions’ gross margin change in 2024?
This reduction in revenue was primarily due to a deliberate and strategic shift in focus to a direct sales model, which resulted in a 9.0% increase in gross profit and an increase in gross margins to 49.9% compared to 29.9% for the same period last year.
What were CleanCore Solutions’ revenue and net loss in Q1 FY2025?
CleanCore Solutions (NYSE: ZONE) reported Q1 FY2025 financial results showing 12% year-over-year revenue growth to $365,000, up from $326,000 in Q1 FY2024. However, the company experienced increased losses with net loss widening to $856,000 from $437,000 year-over-year.
What is CleanCore Solutions’ current cash position and projected cash flow?
Current cash position of $1.85M, providing over two years of runway. Expects to be cash flow positive in next 12 months. Gross margin increased to 49.6% in 2024 from 29.9% in 2023. Revenue was $1.6 million in 2024 compared to $2.4 million in 2023.
When did CleanCore Solutions report its 2024 fiscal year financial results?
(ZONE) Reports 2024 Fiscal Year Financial Results and Provides Business Update. September 20, 2024 07:00 ET | Source: CleanCore Solutions, Inc.