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CHAR Technologies Ltd. engages in converting woody materials and organic waste into renewable gases and biocarbon. It offers renewable natural gas and green hydrogen; SulfaCHAR, an activated charcoal; and CleanFyre, a biochar product. CHAR Technologies Ltd. is headquartered in Toronto, 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.
CHAR Technologies converts low-value biomass and organic waste into engineered carbon products and renewable gases using thermal conversion technologies. Long-term growth may be supported by rising demand for industrial decarbonization, carbon sequestration and specialty carbon materials alongside potential policy incentives and voluntary carbon markets, and the company appears positioned to benefit if its processes scale commercially.
Key risks include execution and scale-up challenges, capital intensity and financing needs, variability in feedstock and product markets, and sensitivity to government policy and carbon-pricing outcomes.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 |
| Income before tax | -1.12M | -7.52M | -8.43M | -6.90M | -3.26M |
| Net income | -1.28M | -8.33M | -8.43M | -6.90M | -3.26M |
| Selling general administrative | 2.82M | 3.62M | 7.23M | 5.52M | 3.08M |
| Gross profit | 0.85M | 0.63M | 0.64M | 0.64M | 0.71M |
| Reconciled depreciation | 1.32M | 1.10M | 1.92M | 1.80M | 0.85M |
| Ebit | - | - | -8.43M | -7.32M | -3.41M |
| Ebitda | - | - | -6.52M | -5.10M | -2.15M |
| Depreciation and amortization | - | - | 1.92M | - | - |
| Operating income | -4.73M | -6.28M | -9.23M | -6.90M | -3.00M |
| Other operating expenses | - | - | 10.44M | - | - |
| Interest expense | 0.27M | 0.35M | 0.16M | - | 0.00M |
| Tax provision | 0.00M | 0.00M | -0.01M | 0.00M | 0.00M |
| Interest income | 0.03M | 0.13M | 0.00M | - | - |
| Net interest income | -0.24M | -0.23M | -0.16M | - | - |
| Income tax expense | - | - | -0.01M | - | - |
| Total revenue | 2.20M | 3.16M | 2.00M | 1.46M | 1.38M |
| Total operating expenses | 6.93M | 9.44M | 9.08M | 8.36M | 4.38M |
| Cost of revenue | 1.35M | 2.53M | 1.36M | 0.82M | 0.67M |
| Total other income expense net | 3.85M | -1.02M | 0.80M | - | -0.26M |
| Net income from continuing ops | -1.12M | -7.52M | -8.43M | -6.90M | -3.26M |
| Net income applicable to common shares | - | - | - | -6.90M | -3.26M |
| Breakdown | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 |
| Total assets | 8.89M | 15.35M | 18.87M | 9.95M | 10.32M |
| Intangible assets | 0.82M | 1.13M | 0.79M | 3.27M | 3.94M |
| Other current assets | - | - | 0.20M | - | - |
| Total liab | 3.99M | 14.88M | 11.93M | 5.25M | 4.78M |
| Total stockholder equity | 4.90M | 0.47M | 6.93M | 4.70M | 5.54M |
| Other current liab | - | 0.03M | 1.06M | 0.66M | 0.57M |
| Common stock | - | - | 24.01M | 15.26M | 11.70M |
| Capital stock | 29.76M | 24.62M | 24.01M | 15.26M | 11.70M |
| Retained earnings | -33.75M | -32.48M | -24.14M | -15.71M | -8.81M |
| Other liab | - | - | - | 0.61M | 0.62M |
| Good will | - | 0.00M | 0.65M | 0.65M | 0.65M |
| Other assets | - | - | 0.00M | - | - |
| Cash | 0.45M | 0.95M | 2.09M | 0.46M | 3.00M |
| Total current liabilities | 3.13M | 5.78M | 3.23M | 4.42M | 3.90M |
| Current deferred revenue | - | - | 0.60M | - | - |
| Net debt | - | 2.51M | 1.71M | 0.38M | - |
| Short term debt | - | - | 0.13M | - | - |
| Short long term debt | 0.03M | 1.03M | 0.03M | 0.63M | 0.00M |
| Short long term debt total | - | - | 3.81M | - | - |
| Other stockholder equity | - | - | 0.05M | 5.10M | 2.59M |
| Property plant equipment | - | - | - | 3.82M | 1.48M |
| Total current assets | 2.09M | 3.58M | 8.27M | 2.21M | 4.25M |
| Long term investments | 3.33M | - | - | - | - |
| Net tangible assets | - | - | - | 0.77M | 0.95M |
| Short term investments | - | 0.00M | 4.00M | - | - |
| Net receivables | 0.97M | 0.85M | 1.67M | 1.19M | 0.69M |
| Long term debt | 0.18M | 2.43M | 2.47M | 0.21M | 0.20M |
| Inventory | 0.00M | 0.30M | 0.31M | 0.32M | 0.27M |
| Accounts payable | 1.10M | 3.00M | 1.44M | 0.81M | 0.33M |
| Accumulated other comprehensive income | - | - | 7.02M | - | - |
| Non current assets total | 6.80M | 11.77M | 10.60M | 7.74M | 6.07M |
| Capital lease obligations | 0.66M | 1.59M | 1.31M | 0.05M | 0.10M |
| Breakdown | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 |
| Investments | 0.00M | 4.00M | -8.60M | -2.79M | -1.55M |
| Change to liabilities | - | - | - | -0.84M | 0.11M |
| Total cashflows from investing activities | - | - | - | -2.79M | -1.55M |
| Net borrowings | -0.41M | 0.47M | 1.82M | 0.56M | -0.02M |
| Total cash from financing activities | 5.93M | 2.30M | 15.09M | 5.28M | 6.63M |
| Change to operating activities | - | - | - | 0.05M | -0.22M |
| Net income | -1.28M | -8.33M | -8.43M | -6.90M | -3.26M |
| Change in cash | -0.50M | -1.14M | 1.63M | -2.54M | 2.87M |
| Begin period cash flow | 0.95M | 2.09M | 0.46M | 3.00M | 0.13M |
| End period cash flow | 0.45M | 0.95M | 2.09M | 0.46M | 3.00M |
| Total cash from operating activities | -5.63M | -3.99M | -4.86M | -5.03M | -2.21M |
| Issuance of capital stock | - | 0.00M | 5.55M | 4.59M | 6.28M |
| Depreciation | 1.32M | 1.10M | 1.92M | 1.80M | 0.85M |
| Change to inventory | 0.30M | -0.01M | 0.01M | -0.05M | -0.17M |
| Change to account receivables | - | - | -0.47M | -0.00M | -0.33M |
| Other cashflows from financing activities | - | - | 9.73M | -0.30M | -0.25M |
| Change to netincome | - | - | - | 0.92M | 0.83M |
| Capital expenditures | 1.07M | 3.45M | 4.60M | 2.78M | 0.72M |
| Change in working capital | -1.45M | 1.28M | 0.49M | -0.85M | -0.62M |
| Stock based compensation | 0.54M | 1.69M | 1.84M | 1.34M | 1.01M |
| Other non cash items | -0.91M | -1.14M | -0.67M | -0.43M | 0.09M |
| Free cash flow | -6.70M | -7.44M | -9.45M | -7.82M | -3.75M |
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) |
|---|---|---|---|---|---|---|---|---|
| YES CHAR Technologies Ltd |
- -% |
0.18 | - | 15.50 | 17.58 | 8.60 | 17.60 | 40.53 |
| BQE BQE Water Inc |
-4.39 6.27% |
65.61 | 12.65 | 84.03 | 2.90 | 3.49 | 2.42 | 8.47 |
| BLM BluMetric Environmental Inc |
-0.02 2.44% |
0.80 | - | - | 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 |
-0.35 5.29% |
6.26 | 11.72 | - | 2.83 | 8.52 | 2.64 | 8.47 |
CHAR Technologies Ltd. engages in converting woody materials and organic waste into renewable gases and biocarbon. It offers renewable natural gas and green hydrogen; SulfaCHAR, an activated charcoal; and CleanFyre, a biochar product. CHAR Technologies Ltd. is headquartered in Toronto, Canada.
Morneau Shepell Centre II, Toronto, ON, Canada, M3C 1W3
800 323 4937
| Name | Title | Year Born |
|---|---|---|
| Mr. Andrew White | Chief Exec. Officer | NA |
| Mr. Mark E. Korol C.F.A., CPA | Chief Financial Officer | 1964 |
| Dr. Don Kirk | Co-Founder & Technical Advisor | NA |
| Ms. Silvia Merlini | Head of Accounting | NA |
| Mr. Lewis Smith | Chief Commercial Officer | NA |
| Mr. Andrew White | Co-Founder & CEO | NA |
| Mr. Robert John Sinyard | Chief Operating Officer | NA |
| Mr. Anton Szpitalak | Chief Development Officer & Director | NA |
| Ms. Raquel Insa | Chief Financial Officer | NA |
| Mr. Brian Andrew Bobbie | Consultant | NA |
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