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Northstar Clean Technologies Inc., a clean technology company, focuses on the recovery, repurposing, and reprocessing of asphalt shingles in North America. The company has developed a proprietary design process for taking discarded asphalt shingles or destined for already over-crowded landfills, and extracting the liquid asphalt, aggregate sands, and fiber. It also engages in the extraction and recovery of asphalt cement, and fiberglass/felt and mineral aggregates for use in asphalt pavement, shingle manufacturing, construction products, and other industrial applications. Northstar Clean Technologies Inc. is headquartered in Calgary, Canada.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Northstar Clean Technologies Inc. (ROOF.V) is a Canadian clean-technology company that develops processes to recover and recycle materials from construction and industrial waste, according to public disclosures. Long-term growth may be supported by tightening landfill rules, rising demand for recycled feedstocks and broader sustainability trends. Investors may find exposure to circular-economy solutions and potential upside attractive if the company achieves commercial traction.
Key risks include execution and financing challenges in moving from pilot to industrial-scale operations, dependence on regulatory approvals and market adoption, and limited liquidity common to small-cap issuers.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Income before tax | -9.82M | -6.93M | -8.45M | -7.21M | -6.60M |
| Net income | -9.33M | -6.67M | -8.20M | -7.21M | -6.60M |
| Selling general administrative | 5.44M | 4.72M | 5.13M | 5.66M | 6.08M |
| Gross profit | 0.07M | 0.21M | - | - | - |
| Reconciled depreciation | 1.29M | 1.12M | 1.08M | 0.46M | 0.32M |
| Ebitda | - | - | -7.14M | -6.45M | -6.10M |
| Operating income | -6.67M | -6.42M | -8.12M | -6.76M | -6.46M |
| Interest expense | 2.06M | 0.64M | 0.23M | 0.29M | 0.17M |
| Tax provision | -0.49M | -0.26M | -0.24M | - | - |
| Interest income | 0.00M | 0.01M | 0.02M | 0.02M | 0.00M |
| Net interest income | -2.05M | -0.63M | -0.21M | -0.27M | -0.17M |
| Total revenue | 0.64M | 0.21M | 0.00M | 0.00M | 0.00M |
| Total operating expenses | 7.31M | 6.62M | 8.12M | 6.76M | 6.46M |
| Cost of revenue | 0.57M | 0.00M | - | - | - |
| Total other income expense net | -1.10M | 0.11M | -0.12M | -0.18M | 0.03M |
| Net income from continuing ops | -9.33M | -6.67M | -8.20M | -7.21M | -6.60M |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Total assets | 45.73M | 17.88M | 6.83M | 12.37M | 4.86M |
| Intangible assets | 0.10M | 0.04M | 0.03M | - | - |
| Total liab | 47.06M | 12.44M | 4.04M | 3.10M | 2.50M |
| Total stockholder equity | -1.33M | 5.44M | 2.78M | 9.27M | 2.36M |
| Other current liab | - | 0.00M | - | - | - |
| Capital stock | 34.54M | 33.77M | 25.45M | 24.70M | 12.60M |
| Retained earnings | -42.20M | -32.87M | -26.20M | -18.00M | -10.79M |
| Cash | 10.23M | 7.65M | 1.11M | 5.95M | 1.98M |
| Total current liabilities | 6.15M | 2.75M | 1.91M | 1.29M | 2.31M |
| Net debt | 19.49M | - | - | - | - |
| Short long term debt | 0.45M | 0.09M | 0.13M | 0.09M | 1.92M |
| Total current assets | 10.99M | 7.92M | 1.49M | 6.79M | 2.25M |
| Long term investments | - | 0.00M | 0.07M | 0.13M | 0.19M |
| Short term investments | 0.00M | 0.07M | 0.07M | 0.06M | 0.05M |
| Net receivables | 0.09M | 0.02M | - | - | - |
| Long term debt | 29.27M | 2.96M | 0.98M | 0.15M | - |
| Accounts payable | 5.04M | 1.94M | 1.24M | 0.76M | 0.34M |
| Non current assets total | 34.74M | 9.96M | 5.34M | 5.59M | 2.61M |
| Capital lease obligations | 9.48M | 4.29M | 1.66M | 2.10M | 0.24M |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Investments | -18.93M | -1.59M | -0.65M | -1.14M | 1.54M |
| Net borrowings | 25.83M | 1.82M | - | - | - |
| Total cash from financing activities | 26.42M | 12.54M | 1.50M | 9.21M | 0.56M |
| Net income | -9.33M | -6.67M | -8.20M | -7.21M | -6.60M |
| Change in cash | 2.37M | 6.44M | -4.83M | 3.97M | 1.98M |
| Begin period cash flow | 7.65M | 1.11M | 5.95M | 1.98M | 0.00M |
| End period cash flow | 10.23M | 7.65M | 1.11M | 5.95M | 1.98M |
| Total cash from operating activities | -5.13M | -4.50M | -5.69M | -4.09M | -0.12M |
| Issuance of capital stock | 0.00M | 11.06M | 0.75M | 12.24M | 0.31M |
| Depreciation | 1.29M | 1.12M | 1.08M | 0.46M | 0.32M |
| Dividends paid | 0.00M | 0.00M | - | - | - |
| Change to account receivables | - | -0.02M | - | - | - |
| Sale purchase of stock | -0.07M | -0.03M | - | - | - |
| Capital expenditures | 19.32M | 2.32M | 0.74M | 0.76M | 0.44M |
| Change in working capital | 0.60M | 0.18M | 0.57M | -0.16M | 0.49M |
| Stock based compensation | 0.62M | 0.55M | 0.66M | 2.36M | 5.56M |
| Other non cash items | 2.12M | 0.62M | 0.20M | 0.26M | 0.13M |
| Free cash flow | -24.45M | -6.82M | -6.43M | -4.86M | -0.55M |
Sector: Industrials Industry: Waste Management
|
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) |
|---|---|---|---|---|---|---|---|---|
| ROOF Northstar Clean Technologies Inc |
- -% |
0.14 | - | - | 48.67 | 4.97 | 133.45 | -3.11 |
| BQE BQE Water Inc |
1.00 1.45% |
70.00 | 12.65 | 84.03 | 2.90 | 3.49 | 2.42 | 8.47 |
| BLM BluMetric Environmental Inc |
0.01 1.23% |
0.82 | - | - | 0.74 | 1.52 | 0.81 | 66.06 |
| GIP Green Impact Partners Inc |
- -% |
2.30 | - | 26.25 | 0.42 | 0.67 | 0.66 | 227.29 |
| VCI Vitreous Glass Inc |
-0.28 4.06% |
6.61 | 11.72 | - | 2.83 | 8.52 | 2.64 | 8.47 |
Northstar Clean Technologies Inc., a clean technology company, focuses on the recovery, repurposing, and reprocessing of asphalt shingles in North America. The company has developed a proprietary design process for taking discarded asphalt shingles or destined for already over-crowded landfills, and extracting the liquid asphalt, aggregate sands, and fiber. It also engages in the extraction and recovery of asphalt cement, and fiberglass/felt and mineral aggregates for use in asphalt pavement, shingle manufacturing, construction products, and other industrial applications. Northstar Clean Technologies Inc. is headquartered in Calgary, Canada.
101, 12111 40th Street SE, Calgary, AB, Canada, T2Z 4E6
604-946-0019
| Name | Title | Year Born |
|---|---|---|
| Mr. James Alexander Currie B.Sc. (Hons.), P.Eng. | Exec. Chairman | 1954 |
| Mr. Aidan George Mills M.B.A. | CEO, Pres & Director | NA |
| Ms. Rosemary Pritchard | Chief Financial Officer | NA |
| Mr. Terry Alan Charles | COO & Director of Special Operations | NA |
| Ms. Kellie Johnston | Chief Sustainability Officer, Corp. Counsel & Gen. Counsel | NA |
| Mr. Carson Sedun M.B.A. | Director of Corp. Devel. | 1988 |
| Mr. Gordon Johnson | Director of Bus. Devel. & Director | NA |
| Ms. Diana Mark | Corp. Sec. | NA |
| Mr. Gordon Johnson | Co-Founder, Pres of Empower, Director of Bus. Devel. & Director | NA |
| Mr. Terry Alan Charles | Co-Founder, COO & Director of Special Operations | NA |
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