See more : PT Wijaya Karya (Persero) Tbk (WIKA.JK) 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.
You may be interested
- Markray Corp. (RVBR) Income Statement Analysis – Financial Results
- MultiPlan Corporation (MPLN-WT) Income Statement Analysis – Financial Results
- Farmacias Benavides, S.A.B. de C.V. (BEVIDESB.MX) Income Statement Analysis – Financial Results
- AOTI, Inc. (AOTI.L) Income Statement Analysis – Financial Results
- BBTV Holdings Inc. (BBTV.TO) Income Statement Analysis – Financial Results
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 |
CleanCore Solutions, Inc. Projects Over 125% Sequential Revenue Growth for the Fourth Quarter of Fiscal 2024 Compared to Third Quarter of Fiscal 2024 and Over 50% Revenue Growth Compared to the Fourth Quarter of Fiscal 2023
Gross margin for the fourth quarter of fiscal 2024 expected to have increased both sequentially and year-over-year Gross margin for the fourth quarter of fiscal 2024 expected to have increased both sequentially and year-over-year
CleanCore Solutions, Inc. Provides Business Update for the Third Quarter of Fiscal 2024 and Appoints Clayton Adams as Chief Executive Officer and Chairman of the Board
Projects sales for Q4 2024 to increase more than 75% sequentially from Q3 2024, reflecting the prudent deployment of capital into sales and market initiatives following the IPO Projects sales for Q4 2024 to increase more than 75% sequentially from...
CleanCore Solutions, Inc. Announces Product Rollout at Byrd Hotel Group – a Leading Owner and Operator of Hotels and Extended Stay Facilities
Commences deployment of various products at all of their Sonesta branded properties Commences deployment of various products at all of their Sonesta branded properties
CleanCore Solutions, Inc. Granted Two New and Highly Recognized Green Seal Certifications Demonstrating the Company's Commitment to Health and Sustainability
Omaha, NE, May 23, 2024 (GLOBE NEWSWIRE) -- CleanCore Solutions, Inc. (NYSE American: ZONE) (“CleanCore” or the “Company”), developer of the patented aqueous ozone technology that works as an all-purpose cleaner, today announced that it has received two new Green...
CleanCore Solutions, Inc. Announces Installation of Power Caddy Units at a Major Northeastern International Airport Following Successful Pilot
Reports rapid growth in sales pipeline across key verticals, including transportation, hospitality, manufacturing, education and more Reports rapid growth in sales pipeline across key verticals, including transportation, hospitality, manufacturing, education and more
CleanCore Solutions Expands Relationship with Harry Reid International Airport with Installation of Additional Power Caddy Units Following Successful Pilot
Omaha, NE, May 01, 2024 (GLOBE NEWSWIRE) -- CleanCore Solutions, Inc. (NYSE American: ZONE) (“CleanCore” or the “Company”), developer of the patented aqueous ozone technology that works as an all-purpose cleaner, today announced that, following a successful pilot, it has...
CleanCore Solutions, Inc. Announces Closing of Initial Public Offering
OMAHA, Neb., April 30, 2024 (GLOBE NEWSWIRE) -- CleanCore Solutions, Inc. (NYSE American: ZONE) (“CleanCore” or the “Company”), developer of the patented aqueous ozone technology that works as an all-purpose cleaner, announced the closing of its initial public offering (the...
CleanCore Solutions, Inc. Provides Corporate Update and Announces the Appointment of Leading Industry, Capital Markets and Corporate Finance Veterans to the Board of Directors
Omaha, NE, April 29, 2024 (GLOBE NEWSWIRE) -- CleanCore Solutions, Inc. (NYSE American: ZONE) (“CleanCore” or the “Company”), developer of the patented aqueous ozone technology that works as an all-purpose cleaner, today provided a corporate update and announced the appointments...
CleanCore Solutions, Inc. Announces Pricing of Initial Public Offering and NYSE American Listing
Omaha, NE, April 26, 2024 (GLOBE NEWSWIRE) -- CleanCore Solutions, Inc. (NYSE American: ZONE) (“CleanCore” or the “Company”), developer of the patented aqueous ozone technology that works as an all-purpose cleaner, announced the pricing of its initial public offering (the...
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.