Cleantek Industries Inc. Announces Fiscal 2025 Guidance
Cleantek Industries (TSXV: CTEK) has released its fiscal 2025 guidance, projecting significant growth across key metrics. The company forecasts revenue growth of 20-30% to reach $14.5M-$15.5M, driven by increased fleet utilization, EcoSteam unit conversions, and strong product sales opportunities in the Middle East.
The company expects annual EBITDA of $4.0M-$4.75M, reflecting its focus on operational efficiency and cost management. Capital expenditure is budgeted at $0.65M-$0.95M, with flexibility to expand based on opportunities. Cleantek plans to optimize its portfolio through potential non-core asset divestment and debt reduction. The company positions itself as an attractive platform for mergers or acquisitions, leveraging its public listing, tax pools, and high-grade assets.
Cleantek Industries (TSXV: CTEK) ha rilasciato le sue previsioni fiscali per il 2025, prevedendo una crescita significativa in diversi parametri chiave. L'azienda prevede una crescita dei ricavi del 20-30% per raggiungere tra $14.5M e $15.5M, grazie all'aumento dell'utilizzo della flotta, alle conversioni delle unità EcoSteam e alle forti opportunità di vendita del prodotto in Medio Oriente.
L'azienda si aspetta un EBITDA annuale di $4.0M-$4.75M, riflettendo il suo focus sull'efficienza operativa e sulla gestione dei costi. La spesa per investimenti è fissata tra $0.65M e $0.95M, con flessibilità per espandersi in base alle opportunità. Cleantek prevede di ottimizzare il proprio portafoglio attraverso la potenziale cessione di asset non strategici e la riduzione del debito. L'azienda si posiziona come una piattaforma attrattiva per fusioni o acquisizioni, sfruttando la propria quotazione pubblica, i pool fiscali e asset di alta qualità.
Cleantek Industries (TSXV: CTEK) ha publicado su guía fiscal para 2025, proyectando un crecimiento significativo en métricas clave. La compañía prevé un crecimiento de ingresos del 20-30% para alcanzar entre $14.5M y $15.5M, impulsado por un mayor uso de la flota, conversiones de unidades EcoSteam y sólidas oportunidades de ventas de productos en Oriente Medio.
La compañía espera un EBITDA anual de $4.0M-$4.75M, reflejando su enfoque en la eficiencia operativa y la gestión de costos. Se ha presupuestado un gasto de capital entre $0.65M y $0.95M, con flexibilidad para expandirse según las oportunidades. Cleantek planea optimizar su cartera a través de la posible desinversión de activos no centrales y la reducción de la deuda. La compañía se posiciona como una plataforma atractiva para fusiones o adquisiciones, aprovechando su cotización pública, los fondos fiscales y activos de alta calidad.
Cleantek Industries (TSXV: CTEK)는 2025 회계연도에 대한 가이드를 발표하며 주요 지표에서 상당한 성장을 전망하고 있습니다. 이 회사는 20-30%의 수익 성장을 예상하고 있으며, 이는 $14.5M-$15.5M에 이를 것으로 보입니다. 증가된 플릿 활용도, EcoSteam 유닛 전환 및 중동에서의 강력한 제품 판매 기회가 원동력이 됩니다.
회사는 $4.0M-$4.75M의 연간 EBITDA를 예상하며, 이는 운영 효율성과 비용 관리에 대한 집중을 반영합니다. 자본 지출은 $0.65M-$0.95M으로 예산이 책정되었으며, 기회에 따라 유연하게 확대할 수 있습니다. Cleantek는 비핵심 자산 매각 및 채무 감소를 통해 포트폴리오를 최적화할 계획입니다. 이 회사는 공공 상장, 세금 풀 및 고품질 자산을 활용하여 인수 또는 합병을 위한 매력적인 플랫폼으로 자리매김하고 있습니다.
Cleantek Industries (TSXV: CTEK) a publié ses prévisions pour l'exercice fiscal 2025, projetant une croissance significative dans les indicateurs clés. L'entreprise prévoit une croissance des revenus de 20-30% pour atteindre entre 14,5 millions et 15,5 millions de dollars, soutenue par une utilisation accrue de la flotte, des conversions d'unités EcoSteam et de solides opportunités de vente de produits au Moyen-Orient.
L'entreprise s'attend à un EBITDA annuel de 4,0 millions à 4,75 millions de dollars, reflétant son attention sur l'efficacité opérationnelle et la gestion des coûts. Les dépenses d'investissement sont budgétées entre 0,65 million et 0,95 million de dollars, avec une flexibilité d'expansion en fonction des opportunités. Cleantek prévoit d'optimiser son portefeuille par la vente potentielle d'actifs non essentiels et la réduction de la dette. L'entreprise se positionne comme une plateforme attrayante pour des fusions ou acquisitions, tirant parti de sa cotation publique, de ses réserves fiscales et de ses actifs de haute qualité.
Cleantek Industries (TSXV: CTEK) hat seine Prognose für das Geschäftsjahr 2025 veröffentlicht und erwartet signifikantes Wachstum in Schlüsselkennzahlen. Das Unternehmen rechnet mit einem Umsatzwachstum von 20-30%, das zwischen 14,5 Millionen und 15,5 Millionen Dollar liegen wird, angetrieben durch eine erhöhte Flottennutzung, Umwandlungen von EcoSteam-Einheiten und starke Verkaufschancen im Nahen Osten.
Das Unternehmen erwartet ein jährliches EBITDA von 4,0 Millionen bis 4,75 Millionen Dollar, was den Fokus auf operative Effizienz und Kostenmanagement widerspiegelt. Die Investitionsausgaben sind mit 0,65 Millionen bis 0,95 Millionen Dollar budgetiert, wobei Flexibilität zur Erweiterung je nach Möglichkeiten gegeben ist. Cleantek plant, sein Portfolio durch mögliche Veräußerungen von Nicht-Kern-Assets und Schuldenabbau zu optimieren. Das Unternehmen positioniert sich als attraktive Plattform für Fusionen oder Übernahmen und nutzt dabei seine öffentliche Notierung, Steuergruppen und hochwertige Vermögenswerte.
- Projected revenue growth of 20-30% to $14.5M-$15.5M
- Forecasted EBITDA of $4.0M-$4.75M
- Conservative CAPEX budget of $0.65M-$0.95M with flexibility to expand
- Strong product sales opportunities in Middle East market
- Existing debt levels requiring reduction
- Need for non-core asset divestment
Calgary, Alberta--(Newsfile Corp. - January 7, 2025) - Cleantek Industries Inc. (TSXV: CTEK) ("Cleantek" or the "Company"), a leader in innovative clean technology solutions, is proud to announce its financial and strategic outlook for the upcoming Fiscal Year, with a strong focus on growth, efficiency and shareholder value.
Key Highlights:
- Revenue: Forecasted growth of 20
-30% to total annual revenue of$14.5M to$15.5M . This increase is driven by higher utilization of the current fleet, mobilization of converted EcoSteam units, and strong product sales opportunities, particularly in the Middle East. - EBITDA: Forecasted total annual EBITDA of
$4.0M to$4.75M , reflecting Cleantek's ongoing focus on operational efficiency, cost management, and strong financial discipline. - CAPEX: Budgeted at
$0.65M to$0.95M , supported by the cost-efficient EcoSteam unit conversions and the strategic utilization of current assets, resulting in a modest capital expenditure plan for the coming year. Given the Company's forecast free cash flow, the Company has the flexibility to expand this capital expenditure budget should further expansion opportunities arise. - Balance Sheet: Cleantek will continue to optimize its portfolio by evaluating non-core assets for potential divestment. The Company aims to reduce existing debt levels and ensure all remaining assets generate meaningful returns for investors.
- Acquisitions/Transactions: The Company's public listing, sizeable tax pools, geographic locations, and high-grade assets position it as an attractive platform for mergers or acquisitions. Management remains focused on identifying accretive opportunities to achieve the Company's long-term growth objectives.
"There is a renewed vision of Cleantek," said Riley Taggart, Cleantek CEO. "The anticipated growth in revenue and EBITDA, coupled with our focus on strengthening our balance sheet, demonstrates our commitment to delivering value for our shareholders. We are incredibly fortunate to have an asset base that is easily reinvigorated and mobilized. This historically overlooked potential, combined with strong market demand, a dedicated sales strategy, and efficient operations, gives me great optimism about Cleantek's future."
About Cleantek Industries Inc.:
Cleantek is an environmental technology-based company that provides specialized and fully integrated wastewater treatment, disposal equipment, and turnkey sustainable lighting rental solutions. By leveraging patented technology and industry expertise, Cleantek delivers tailored, cost-effective solutions to a diverse client base, including blue-chip exploration and production companies across North America.
With a focus on sustainability, safety, and operational excellence, Cleantek is well-positioned to meet the rising water treatment and sustainable lighting market-demand. Our proven track record and commitment to innovation drive long-term value creation in the clean technology sector.
For Further Information:
Riley Taggart, President & CEO
Email: rtaggart@cleantekinc.com
Website: cleantekinc.com
LinkedIn
X
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/236150
FAQ
What is Cleantek Industries' (TSXV: CTEK) revenue forecast for fiscal 2025?
What is Cleantek's projected EBITDA for fiscal 2025?
How much CAPEX has Cleantek budgeted for 2025?
What are Cleantek's strategic priorities for 2025?
What markets is Cleantek targeting for product sales growth in 2025?
