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Midwest Energy Emissions Corp

Company price
0.93 CAD 0.00(0%)
Last update at 2024-11-11T14:30:00Z
Market Cap
99.21M

Momentum Score

…

Birchtech Corp., an environmental services and technology company, engages in developing and delivering solutions to the power industry in the United States and internationally. It provides mercury capture solutions. Its Sorbent Enhancement Additive (SEA) technology provides total mercury control with solutions that are based on a thorough scientific understanding of actual and probable interactions involved in mercury capture in coal-fired flue gas. The company is also involved in the extracting and processing of rare earth elements. In addition, it provides water purification solutions that focuses on PFAS/PFOS removal from potable water under the WE2C Environmental brand. The company was formerly known as Midwest Energy Emissions Corp. and changed its name to Birchtech Corp. in October 2024. Birchtech Corp. is headquartered in Corsicana, Texas.

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Day Price Range
0.93
Low
0.93
High
52 Week Price Range
0.85
Low
1.94
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High

Key Metrics*

Previous Close
0.93
Dividend Yield
-
Revenue TTM
17.73M
Revenue Per Share
0.19
Gross Profit TTM
0.00M
Debt / Equity
-
ROE
-
Net Debt
8.38M
ROCE
-33.38%
Diluted EPS TTM
-0.01

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Income before tax 6.38M -1.56M -3.61M -5.82M
Net income 5.90M -1.58M -3.63M -5.83M
Selling general administrative 14.21M 6.12M 5.93M 5.94M
Gross profit 5.77M 7.02M 5.07M 2.72M
Reconciled depreciation 0.26M 0.55M 0.68M 0.71M
Operating income -8.44M 0.90M -0.86M -3.22M
Interest expense 1.36M 1.57M 2.82M 2.66M
Tax provision 0.47M 0.02M 0.02M 0.01M
Net interest income -1.36M -1.57M -2.82M -2.66M
Total revenue 17.94M 21.62M 13.01M 8.16M
Total operating expenses 26.38M 20.72M 13.87M 11.38M
Cost of revenue 12.17M 14.60M 7.94M 5.44M
Total other income expense net 16.18M -0.90M 0.07M 0.06M
Net income from continuing ops 5.90M -1.58M -3.63M -5.83M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 27.47M 9.34M 8.13M 7.38M -
Intangible assets 1.70M 1.91M 2.11M 2.32M -
Other current assets 0.18M 0.27M 0.24M 0.10M -
Total liab 28.25M 16.76M 18.37M 20.58M -
Total stockholder equity -0.78M -7.42M -10.24M -13.20M -
Other current liab 0.17M 0.17M 0.17M 0.17M -
Capital stock 0.09M 0.09M 0.09M 0.08M -
Retained earnings -62.79M -68.70M -67.12M -63.48M -
Cash 20.94M 1.50M 1.39M 0.59M -
Total current liabilities 2.18M 3.22M 15.48M 3.36M -
Net debt - 8.38M 10.76M 13.99M 10.70M
Short long term debt - - 12.15M 0.06M 1.04M
Total current assets 24.15M 5.54M 3.79M 2.36M -
Net receivables 2.23M 2.78M 1.02M 1.12M -
Long term debt 11.22M 9.88M - 14.52M 11.16M
Inventory 0.80M 0.99M 1.08M 0.56M -
Accounts payable 1.56M 2.95M 2.27M 1.61M -
Non current assets total 3.32M 3.80M 4.34M 5.01M -
Capital lease obligations 0.01M 0.05M 0.39M 0.80M -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Investments 0.00M -0.01M -0.01M 0.04M
Total cash from financing activities 0.21M 0.06M 0.60M 0.29M
Net income 5.90M -1.58M -3.63M -5.83M
Change in cash 19.44M 0.12M 0.80M -0.91M
Begin period cash flow 1.50M 1.39M 0.59M 1.50M
End period cash flow 20.94M 1.50M 1.39M 0.59M
Total cash from operating activities 19.23M 0.07M 0.21M -1.24M
Depreciation 0.26M 0.55M 0.68M 0.71M
Change to inventory 0.20M 0.08M -0.52M -0.05M
Change to account receivables 0.54M -1.76M 0.10M 0.11M
Capital expenditures 0.00M 0.01M 0.01M 0.00M
Change in working capital -0.22M -1.89M -0.51M 0.13M
Stock based compensation 0.52M 0.67M 0.97M 1.71M
Other non cash items 12.55M 2.32M 3.30M 2.07M
Free cash flow 19.23M 0.06M 0.20M -1.24M

Peer Comparison*

Sector: Industrials Industry: Pollution & Treatment Controls

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
MEEC
Midwest Energy Emissions Corp
-
-%
0.93 - - 5.59 28.88 3.47 58.85
BRM
BioRem Inc.
-0.11
2.48%
4.33 26.36 9.29 1.35 3.90 1.22 11.86
TMG
Thermal Energy International Inc.
-0.01
3.12%
0.15 - 21.98 0.92 6.18 0.89 17.14
QST
Questor Technology Inc.
-0.01
5.88%
0.24 - 6.00 1.22 0.42 0.72 9.32
APL
Appulse Corp
-
-%
0.23 - - 0.42 1.10 0.58 6.23

Profile*

Midwest Energy Emissions Corp

Birchtech Corp., an environmental services and technology company, engages in developing and delivering solutions to the power industry in the United States and internationally. It provides mercury capture solutions. Its Sorbent Enhancement Additive (SEA) technology provides total mercury control with solutions that are based on a thorough scientific understanding of actual and probable interactions involved in mercury capture in coal-fired flue gas. The company is also involved in the extracting and processing of rare earth elements. In addition, it provides water purification solutions that focuses on PFAS/PFOS removal from potable water under the WE2C Environmental brand. The company was formerly known as Midwest Energy Emissions Corp. and changed its name to Birchtech Corp. in October 2024. Birchtech Corp. is headquartered in Corsicana, Texas.

1810 Jester Drive, Corsicana, TX, United States, 75109

614 505 6115

9

Name Title Year Born
Mr. Richard A. MacPherson CEO, President, Secretary & Director 1955
Mr. James Trettel Vice President of Operations 1968
Mr. John Pavlish Senior VP & CTO 1958
Ms. Fiona Fitzmaurice ACCA, B.A., BA, C.P.A., CGA Chief Financial Officer 1982
Stacey Hyatt Executive of Corporate Communications NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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