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CETY

Clean Energy Technologies, Inc.

CETY

Clean Energy Technologies, Inc. • NASDAQ
$1.81 ▼ -12.14% (-0.25)
Market Cap $9.37 M
52w High $11.19
52w Low $1.05
Dividend Yield 0%
P/E 0.55
Volume 1.75M
Outstanding Shares 5.18M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $773.554K ▲ $1.579M ▲ $-2.102M ▼ -271.774% ▲ $-0.47 ▼ $-535.863K ▲
Q2-2025 $236.275K ▼ $124.585K ▼ $-1.089M ▼ -460.794% ▼ $-0.29 ▼ $-581.029K ▼
Q1-2025 $791.94K ▲ $824.656K ▲ $-331.231K ▲ -41.825% ▲ $-0.106 ▲ $11.983K ▲
Q4-2024 $480.326K ▲ $774.862K ▼ $-865.65K ▲ -180.221% ▲ $-0.291 ▲ $-568.23K ▲
Q3-2024 $235.183K $971.889K $-1.299M -552.502% $-0.436 $-816.902K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $826.786K ▼ $14.799M ▲ $7.704M ▲ $7.095M ▼
Q2-2025 $4.642M ▲ $14.786M ▲ $7.03M ▼ $7.756M ▲
Q1-2025 $42.311K ▼ $10.09M ▲ $7.138M ▲ $2.951M ▲
Q4-2024 $62.101K ▼ $9.505M ▲ $6.567M ▲ $2.939M ▼
Q3-2024 $1.105M $9.429M $5.846M $3.583M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-1.391M ▼ $-4.661M ▼ $-12.624K ▼ $1.084M ▼ $-3.582M ▼ $-4.301M ▼
Q2-2025 $-120.63K ▲ $-780.937K ▼ $2.932K ▲ $5.144M ▲ $4.365M ▲ $-780.94K ▼
Q1-2025 $-331.231K ▲ $-776.047K ▼ $-2.932K ▼ $759K ▲ $-19.79K ▼ $-776.047K ▼
Q4-2024 $-865.65K ▲ $-772.343K ▲ $77.9K ▲ $713.867K ▼ $17.952K ▲ $-772.341K ▲
Q3-2024 $-1.299M $-1.177M $180 $831.656K $-343.794K $-1.177M

Five-Year Company Overview

Income Statement

Income Statement CETY’s income statement looks like that of a very early‑stage industrial cleantech company. Reported revenue over the past several years has been minimal, suggesting the business is still in the early phase of commercializing its technology and winning projects. Earnings have been negative in most years, which is typical for a development‑stage firm investing in engineering, project development, and overhead before scale is reached. The pattern points to a company that is still working to turn technical capabilities and one‑off projects into a steady, repeatable revenue base. The data is quite coarse and rounded, but the broad story is one of limited sales and ongoing losses so far.

Balance Sheet

Balance Sheet The balance sheet appears very small and thin, with modest assets, little or no reported cash, and equity that has hovered close to break‑even or even negative in the past. On the positive side, recorded financial debt has come down to very low levels, so the company does not appear heavily leveraged. However, the overall financial cushion looks limited, meaning CETY likely depends on fresh capital, project financing, or partner funding to grow. The long history of reverse stock splits also hints at repeated equity restructuring and potential dilution for shareholders over time. Altogether, it looks like a technically ambitious company operating with a very lean financial base.

Cash Flow

Cash Flow Reported cash flow figures are essentially flat, which usually means that either cash flows are very small or the data is highly rounded and not very detailed. In practical terms, CETY does not appear to be generating meaningful cash from its operations yet, and free cash flow does not show clear positive trends. Capital spending also looks modest so far, which fits with a company still in pilot projects and early deployments rather than large‑scale build‑out. Going forward, any move into bigger projects and data‑center solutions will likely require more upfront cash or financing, so the quality and timing of future cash inflows will be important watch‑points.

Competitive Edge

Competitive Edge CETY competes in the industrial clean‑energy niche, focusing on turning waste heat and waste materials into useful energy. Its main strengths are proprietary technologies, patents tied to the Clean Cycle™ generator acquired from General Electric, and a turnkey project model that spans engineering, construction, and ongoing service. This combination makes CETY more of a solution provider than a simple equipment vendor, which can be attractive for customers who lack in‑house expertise. At the same time, the company is small and operates in markets where it faces much larger industrial and energy players, as well as long sales cycles and project‑by‑project risk. Its competitive position therefore rests heavily on winning and successfully executing a limited number of sizable contracts, like the Vermont renewable gas project, and on proving that it can replicate that model across multiple sites.

Innovation and R&D

Innovation and R&D Innovation is the core of CETY’s story. The company’s waste‑to‑energy platform uses a high‑temperature pyrolysis approach designed to handle varied waste streams while avoiding some of the by‑products that trouble older technologies. On the waste‑heat side, the Clean Cycle™ generator and its magnetic‑bearing turbine provide a differentiated way to harvest lower‑grade heat with reduced maintenance needs, backed by an installed base with meaningful operating hours. CETY is also trying to move into new, fast‑growing uses such as energy‑efficient solutions for AI data centers and crypto mining, and into renewable natural gas projects. These moves show a willingness to adapt its core technology to emerging demand, but they also introduce execution risk: the firm must prove it can scale from engineering success to commercially repeatable, profitable systems in demanding end‑markets.

Summary

Overall, CETY looks like a highly specialized clean‑energy technology company with promising ideas but an early‑stage financial profile. Its technologies in waste‑to‑energy and waste‑heat recovery provide clear differentiation and a credible technical moat, reinforced by patents, project engineering know‑how, and a full‑service delivery model. On the other hand, the company’s reported revenues are still very small, losses have been persistent, and the balance sheet appears thin, implying dependence on external capital and successful project wins to move forward. The history of multiple reverse splits underlines the high‑risk, high‑volatility nature of the equity. Future outcomes will likely hinge on CETY’s ability to convert its innovation into a pipeline of repeatable projects, manage capital needs carefully, and execute large contracts on time and on budget, all in a competitive and capital‑intensive industry.

NEWS

November 25, 2025 · 9:15 AM UTC

CETY Secures $10 Million Battery Energy Storage Project in New York — First of Multiple Large-Scale Systems Expected to Follow

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November 4, 2025 · 9:30 AM UTC

CETY is Exploring Renewable Energy and Efficiency Solutions to Artificial Intelligence Data Centers

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November 3, 2025 · 11:48 AM UTC

Clean Energy Technologies, Inc. and Qymera Global EnergyAnnounce Strategic Collaboration to Advance DeepFyre™ Geothermal Power Systems Worldwide

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October 23, 2025 · 9:15 AM UTC

Clean Energy Technologies, Inc. Regains Compliance with Nasdaq Listing Requirements

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October 16, 2025 · 9:15 AM UTC

Clean Energy Technologies, Inc. Advances Vermont Renewable Gas Project to Deliver Clean Power from Agricultural

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