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ADUR

Aduro Clean Technologies Inc.

ADUR

Aduro Clean Technologies Inc. • NASDAQ
$13.26 ▲ 6.85% (+0.85)
Market Cap $365.83 M
52w High $17.66
52w Low $3.49
Dividend Yield 0%
P/E -34
Volume 196.43K
Outstanding Shares 27.59M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q1-2025 $63.399K ▲ $3.128M ▲ $-2.852M ▲ -4.498K% ▲ $-0.1 ▲ $-2.709M ▲
Q4-2024 $38.143K ▼ $3.105M ▲ $-3.115M ▼ -8.166K% ▼ $-0.11 ▼ $-2.982M ▼
Q3-2024 $55K ▼ $2.507M ▲ $-2.463M ▼ -4.477K% ▼ $-0.1 ▼ $-2.333M ▼
Q2-2024 $102.25K ▲ $1.853M ▼ $-1.762M ▲ -1.723K% ▲ $-0.08 ▲ $-1.635M ▲
Q1-2024 $76.297K $2.12M $-2.027M -2.657K% $-0.13 $-1.91M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q1-2025 $8.362M ▲ $13.602M ▲ $978.135K ▼ $12.624M ▲
Q4-2024 $6.958M ▲ $12.834M ▲ $1.042M ▲ $11.792M ▲
Q3-2024 $4.408M ▲ $10.455M ▲ $646.347K ▲ $9.808M ▲
Q2-2024 $2.815M ▲ $6.957M ▲ $600.533K ▲ $6.356M ▲
Q1-2024 $2.156M $6.164M $527.346K $5.637M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q1-2025 $-2.852M ▲ $-2.784M ▼ $-83.559K ▲ $1.998M ▼ $-869.734K ▼ $-2.868M ▼
Q4-2024 $-3.115M ▼ $-1.71M ▲ $-182.96K ▲ $5.175M ▼ $3.281M ▲ $-1.893M ▲
Q3-2024 $-2.463M ▼ $-1.882M ▼ $-255.077K ▼ $5.273M ▲ $3.136M ▲ $-2.137M ▼
Q2-2024 $-1.762M ▲ $-1.32M ▲ $-186.535K ▼ $2.165M ▲ $658.217K ▲ $-1.507M ▲
Q1-2024 $-2.027M $-1.681M $-130.513K $1.61M $-201.229K $-1.811M

Five-Year Company Overview

Income Statement

Income Statement Aduro is still very much a development-stage company. It has essentially no revenue yet and has been posting small but consistent losses each year. Those losses reflect ongoing R&D, salaries, and overhead rather than any problem with a mature business line, because there is no commercial-scale operation in place yet. Overall, the income statement shows a company investing ahead of revenue, with the path to profitability depending almost entirely on successful commercialization of its technology and the pace at which licensing or project revenues can eventually ramp up.

Balance Sheet

Balance Sheet The balance sheet is very light. Aduro has a small base of assets and equity and no meaningful debt, which reduces financial strain from interest payments but also signals a limited financial cushion. Cash on hand exists but appears modest, reinforcing that this is a lean, early-stage operation rather than a capital-rich industrial player. Future growth and scaling will almost certainly require additional funding from investors, partners, or both, unless licensing income ramps up quickly.

Cash Flow

Cash Flow Cash flows reflect the same early-stage profile: cash is flowing out to fund operations and development, while there is almost no spending yet on large physical assets. The burn rate looks modest in absolute terms, but given the small size of the company, ongoing access to capital is still critical. Put simply, Aduro is using cash to build and prove its technology platform, not yet to run commercial plants, and its financial flexibility will hinge on how easily it can continue to raise money or secure partner funding as it moves into pilot and demonstration phases.

Competitive Edge

Competitive Edge Competitively, Aduro is trying to carve out a niche in chemical recycling and resource upgrading with a clearly differentiated, water-based process. Its technology is designed to operate at lower temperatures than traditional methods and to handle mixed, lower-quality waste streams that are difficult for competitors. Partnerships with major players in energy and chemicals provide important validation and potential routes to market, but the broader space is crowded and fast-moving. The company’s moat rests on its patents, its process advantages, and the strength of its partnerships, all of which still need to prove themselves at full commercial scale.

Innovation and R&D

Innovation and R&D Innovation is Aduro’s core strength. The Hydrochemolytic technology platform is versatile, spanning plastics upcycling, renewable fuels, and heavy oil upgrading, and the company keeps broadening its reach with new patent filings such as processes for producing high-value aromatics. The focus on pilot and demonstration plants shows a clear push to move from lab success to real-world performance. At this stage, most of the value resides in intellectual property, engineering know‑how, and the ability to translate that into reliable, scalable systems that partners are willing to adopt and pay to use.

Summary

Overall, Aduro looks like a classic early-stage clean-technology story: promising science, minimal current revenue, and a lean balance sheet. The opportunity lies in turning its differentiated, water-based recycling and upgrading processes into a scalable licensing business supported by strong partners. The main risks are execution and financing: proving the technology at larger scales, converting pilot projects into commercial contracts, and ensuring there is enough capital to fund the journey. How well the company manages these transitions will likely matter far more than short-term financial metrics at this point in its life cycle.

NEWS

October 16, 2025 · 7:00 AM UTC

Aduro Clean Technologies Reports First Quarter Fiscal 2026 Results and Provides Business Update

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October 14, 2025 · 7:00 AM UTC

Aduro Clean Technologies to Participate in the 51st Annual New Orleans Investment Conference

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