CETY - Clean Energy Techno... Stock Analysis | Stock Taper
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Clean Energy Technologies, Inc.

CETY

Clean Energy Technologies, Inc. NASDAQ
$0.84 3.75% (+0.03)

Market Cap $4.18 M
52w High $11.19
52w Low $0.46
P/E -0.71
Volume 47.40K
Outstanding Shares 5.18M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $773.55K $1.52M $-2.1M -271.77% $-0.47 $-535.86K
Q2-2025 $236.28K $124.58K $-1.09M -460.79% $-0.29 $-581.03K
Q1-2025 $791.94K $824.66K $-331.23K -41.83% $-0.11 $11.98K
Q4-2024 $480.33K $774.86K $-865.65K -180.22% $-0.29 $-568.23K
Q3-2024 $235.18K $971.89K $-1.3M -552.5% $-0.44 $-816.9K

What's going well?

The company managed to more than triple its revenue in a single quarter, showing it can win new business. Top-line growth like this is rare and could be a sign of market traction if it can be sustained.

What's concerning?

Costs and interest expenses ballooned even faster than sales, wiping out any benefit from higher revenue. Margins collapsed, losses nearly doubled, and share dilution is hurting existing shareholders.

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $1.06M $14.8M $7.7M $7.1M
Q2-2025 $4.64M $14.79M $7.03M $7.76M
Q1-2025 $42.31K $10.09M $7.14M $2.95M
Q4-2024 $62.1K $9.51M $6.57M $2.94M
Q3-2024 $1.11M $9.43M $5.85M $3.58M

What's financially strong about this company?

The company still has positive equity and enough current assets to cover current liabilities. Receivables are steady, and more customers are prepaying for services.

What are the financial risks or weaknesses?

Cash reserves have dropped sharply, most debt is due soon, and payables are rising. The company has a history of losses and is relying on stretching payments to suppliers.

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-1.39M $-4.66M $-12.62K $1.08M $-3.58M $-4.3M
Q2-2025 $-120.63K $-780.94K $2.93K $5.14M $4.36M $-780.94K
Q1-2025 $-331.23K $-776.05K $-2.93K $759K $-19.79K $-776.05K
Q4-2024 $-865.65K $-772.34K $77.9K $713.87K $17.95K $-772.34K
Q3-2024 $-1.3M $-1.18M $180 $831.66K $-343.79K $-1.18M

What's strong about this company's cash flow?

The company can still raise debt and has kept capital spending very low. No new equity dilution this quarter.

What are the cash flow concerns?

Cash burn is rising fast, working capital is worsening, and the company now depends on new debt to survive. Cash is running out quickly.

Revenue by Geography

Region Q3-2024
UNITED STATES
UNITED STATES
$0

5-Year Trend Analysis

A comprehensive look at Clean Energy Technologies, Inc.'s financial evolution and strategic trajectory over the past five years.

+ Strengths

CETY’s main strengths lie in its specialized clean‑energy technologies, integrated turnkey solutions, and focus on under‑served small and mid‑sized projects. The company has demonstrated at least one year of profitability and strong revenue, showing that its model can work when conditions align. Its asset base and intangible portfolio have grown, and shareholder equity has recovered from previously negative levels. Strategically, it operates in areas aligned with long‑term trends toward decarbonization, energy efficiency, and waste‑to‑value solutions.

! Risks

The key risks are financial and operational. Revenue and earnings are highly volatile, with recent years marked by sharp revenue decline and substantial net losses. Liquidity is weak, with low cash, strained working capital, and ongoing negative operating and free cash flow, which together increase dependence on external funding. Debt remains meaningful, retained losses are large, and any disruption in financing or project flow could put significant pressure on the business. Competitive and execution risks around project delivery, technology adoption, and customer acceptance add another layer of uncertainty.

Outlook

The outlook depends heavily on CETY’s ability to stabilize revenue, convert its technology pipeline into a steady stream of projects, and move toward at least cash‑flow breakeven. Its positioning in clean energy, waste‑to‑energy, and efficiency solutions for emerging high‑consumption sectors gives it exposure to attractive structural themes. However, the current financial profile—especially liquidity strain and recurring losses—suggests a challenging road that will require disciplined execution, cost control, and successful commercialization. Overall, the company appears to be in a high‑potential but high‑risk stage where the business model and balance sheet both need to mature.