Cleantek Industries Reports Strong Third Quarter 2026 Financial Results

(TSXV:CTEK) Cleantek Industries Inc. reported record third-quarter revenue of $5.187 million for the three months ended September 30, 2026, representing a 58% increase over the same quarter in 2025. Net income for the quarter was $1.265 million, up from $352,000 in Q3 2025. Adjusted EBITDA more than doubled to $2.126 million from $984,000 in the prior-year quarter. Equipment sales reached $1,753,000, compared to $212,000 in Q3 2025, primarily due to deliveries under the HALO International Program. Rental and service revenue was $3,434,000, a 12% increase over the prior-year quarter. Gross profit for Q3 2026 was $3,145,000, up from $1,889,000 in Q3 2025, with a gross profit margin of 61% versus 58% in the prior year. Net income per share was $0.04 (basic and diluted), compared to $0.01 in Q3 2025. EBITDA for the quarter was $2,024,000, up from $1,134,000, and capital expenditures were $484,000, compared to $268,000 in Q3 2025. Cash provided by operating activities was $2,217,000, up from $968,000 in the prior year, and the company fully repaid its bank operating line during the quarter. Working capital at September 30, 2026 was $4,022,000, compared to a deficit of $482,000 at December 31, 2025. Cleantek delivered 12 HALO SE Crown Mount lighting systems under the HALO International Program in Q3 2026, bringing total deliveries to 32 as of September 30, 2026, with an additional 4 units delivered in October 2026. Year-to-date revenue for 2026 was $13,827,000, compared to $10,339,000 for the same period in 2025. Year-to-date gross profit was $7,835,000, up from $6,014,000, and year-to-date net income was $2,000,000, compared to $340,000 in 2025. Year-to-date EBITDA was $4,303,000, up from $2,601,000, and year-to-date Adjusted EBITDA was $4,553,000, compared to $3,030,000 in 2025. Year-to-date capital expenditures were $1,296,000, compared to $1,161,000 in 2025. As of the date of the release, 36 of up to 60 contracted units have been delivered under the HALO International Program. The company completed its first commercial sale into South America in Q2 2026 and is pursuing a follow-on phase that could result in the sale of up to 15 additional units, subject to project timing and customer demand. Cleantek continues to focus on expanding its international presence, growing its recurring rental and service business, and evaluating acquisitions to expand its fleet and diversify revenue. Riley Taggart, President and Chief Executive Officer, stated that the third quarter results demonstrate the value of business diversification, record revenue, and strong cash generation.

Cleantek Industries Secures Sale of HALO SE Units for Deployment in Alaska

(TSXV: CTEK) Cleantek Industries Inc. has secured the sale of 3 HALO SE units for deployment in Alaska. The units are expected to be delivered during the third quarter of 2026. This sale represents another commercial deployment of the HALO SE and contributes to the technology's continued sales activity throughout the year. Cleantek is an energy technology company providing specialized and fully integrated wastewater treatment, disposal equipment, and turnkey sustainable lighting rental solutions. Cleantek delivers tailored, cost-effective solutions to a diverse client base, including blue-chip exploration and production companies across North America. Cleantek is well-positioned to meet the rising water treatment and sustainable lighting market demand. Cleantek's proven track record and commitment to innovation drive long-term value creation in the clean technology sector.

Cleantek Industries Reports Second Quarter 2026 Financial Results with Record Revenue

(TSXV: CTEK) Cleantek Industries Inc. announced its financial results for the three and six months ended June 30, 2026, reporting its highest quarterly revenue of $5,126, an increase of 53% over the second quarter of 2025. The company returned to profitability with net income of $518, compared to a net loss of $(456) in the prior-year quarter. Equipment sales were $2,205, up from $668, driven by deliveries under the HALO International Program. Rental and service revenue was $2,921, an increase of 9% over the prior-year quarter. Adjusted EBITDA was $1,426, compared to $779 in the prior-year quarter. The company delivered 20 HALO SE Crown Mount lighting systems under the HALO International Program, the largest single contract in its history. Cleantek completed its first commercial sale into the South American market.

Cleantek Industries Expands into South America with Initial Multi-Unit HALO SE Sale

(TSXV: CTEK) Cleantek Industries Inc. announced the sale of seven HALO SE units for deployment in South America. This sale marks Cleantek's first commercial entry into the South American market and is described as an important step in the Company's international expansion strategy. The initial sale is part of a broader program that could see additional HALO SE units deployed later in 2026. Cleantek is an energy technology company providing specialized and fully integrated wastewater treatment, disposal equipment, and turnkey sustainable lighting rental solutions. The company delivers tailored, cost-effective solutions to a diverse client base, including blue-chip exploration and production companies across North America. Cleantek is focused on innovation, safety, and operational excellence, and is well-positioned to meet the rising water treatment and sustainable lighting market demand. The company projects additional growth and potential expansion, including the expansion of Cleantek's fleet of sustainable lighting solutions and EcoSteam wastewater treatment assets.

Cleantek Industries Secures $2 Million Credit Facility for International Expansion and Retires Previous Asset-Based Lending Facility

(TSXV: CTEK) Cleantek Industries Inc. announced it has secured a $2 million senior credit facility with a Canadian financial institution to support the Company's ongoing international growth initiatives and provide additional working capital flexibility. The facility carries customary commercial terms and conditions and is expected to enhance Cleantek's financial flexibility as the Company advances its previously announced large international project and pursues additional growth opportunities in key markets. In conjunction with the new facility, the Company has retired the remaining capacity under its previous asset-based lending facility, often referred to as the 'build loan'. The facility provides additional flexibility as Cleantek executes on its previously announced 60-unit HALO SE international sale while supporting broader corporate initiatives and further streamlining its capital structure. Cleantek delivers tailored, cost-effective solutions to a diverse client base, including blue-chip exploration and production companies across North America. The company projects expected improved financial flexibility, additional growth, potential expansion, expansion of Cleantek's fleet of sustainable lighting solutions and EcoSteam wastewater treatment assets, and the expected deployment of Cleantek's assets. Cleantek is well-positioned to meet the rising water treatment and sustainable lighting market demand.

Cleantek Industries Inc. First Quarter 2026 Interim Update

Cleantek Industries Inc. (TSXV: CTEK), a provider of patented energy technology solutions, released a business update and unaudited financial highlights for the three months ended March 31, 2026. The company increased investments in strategic growth initiatives, including expenditures for its large international HALO SE project scheduled to commence in Q2 2026. For Q1 2026, Cleantek reported revenue of $3,514, net income of $217, and adjusted EBITDA of $1,001 (28% margin). Working capital improved to a surplus of $835 at March 31, 2026, from a deficit of $(482) at December 31, 2025, and non-current debt increased to $7,581. The HALO International Program is expected to represent the largest single-contract revenue event in the company's history, with revenue recognition anticipated to commence in late Q2 2026 and continue through Q3 2026. The company is focused on executing delivery of up to 60 HALO SE Crown Mount lighting systems, sustaining North American rental utilization, advancing the EcoSteam program, and evaluating acquisition and merger opportunities. Management maintains its EBITDA outlook for 2026, citing improving market conditions and a growing list of opportunities.

Cleantek Industries Inc. Announces Fourth Quarter and Full Year 2025 Results

Cleantek Industries Inc. (TSXV: CTEK) announced its fourth quarter and full-year 2025 financial and operational results, reporting revenue of $3,426,000 for Q4 2025, a 17% increase from Q4 2024. Adjusted EBITDA for Q4 2025 was $1,534,000, up 26% from the revised Q4 2024 figure of $1,214,000. International equipment sales grew 246% from $460,000 in 2024 to $1,591,000 in 2025. The company highlighted a contracted revenue catalyst in the UAE for up to 60 HALO SE Crown Mount units, expected to be the largest single-contract revenue event in its history. Cleantek enters 2026 with a focus on market share gains, international expansion, and scalable growth.