One and One Green Technologies Reports Strong 2025 Financial Results With 82% Increase in Net Income
Rhea-AI Summary
One and One Green Technologies (Nasdaq: YDDL) reported audited results for FY2025. Total revenue rose 23% to $65.8M; net income increased 82% to $11.8M; gross profit was $15.8M and gross margin expanded 417 basis points to 23.94%. The company completed a U.S. IPO raising about $11.5M (including overallotment) and reported no interest-bearing debt.
AI-generated analysis. Not financial advice.
Positive
- Total revenue +23% to $65.8M in FY2025
- Net income +82% to $11.8M in FY2025
- Gross margin expanded 417 basis points to 23.94%
- Completed U.S. IPO raising approximately $11.5M (including over-allotment)
- No interest-bearing debt on the balance sheet at December 31, 2025
Negative
- Brass alloy ingot revenue declined to $0.994M from $4.3M (≈77% drop) in FY2025
- High revenue concentration: copper alloy revenue was $45.1M of $65.8M (~68.6%)
- Company attributes margin gains principally to lower raw material purchase prices, which may be transient
News Market Reaction – YDDL
On the day this news was published, YDDL gained 1.20%, reflecting a mild positive market reaction. Argus tracked a peak move of +5.1% during that session. Our momentum scanner triggered 5 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $3M to the company's valuation, bringing the market cap to $281.29M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
No peers from the Industrials/Waste Management group appeared in the momentum scanner, so the 8.66% move in YDDL looks stock-specific to its earnings release.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Apr 22 | Earnings call timing | Neutral | +7.9% | Announced FY 2025 results date and earnings call logistics. |
| Apr 15 | Prelim 2025 guidance | Positive | -6.4% | Preliminary 2025 outlook calling for strong revenue and net income growth. |
| Apr 13 | Follow-on offering close | Negative | -6.4% | Closed $13M follow-on equity units offering with attached warrants. |
| Apr 10 | Follow-on offering | Negative | -62.9% | Announced $13M follow-on equity units offering for funding needs. |
| Apr 10 | Lock-up extension | Positive | -62.9% | Key shareholders voluntarily extended IPO lock-up by three months. |
Recent history shows sharp downside reactions to equity offerings but mixed responses to positive fundamental updates, with guidance and lock-up news selling off while the earnings-date announcement traded higher.
Over recent months, YDDL has combined capital-raising and governance moves with earnings communication. An April 10 follow-on offering and related prospectus preceded steep declines, while a lock-up extension by key shareholders also coincided with weakness. Later, the company issued strong 2025 preliminary guidance and set an earnings date. Today’s audited results confirm revenue of $65.8M and net income of $11.8M, aligning with prior guidance and closing the loop on that disclosure cycle.
Market Pulse Summary
This announcement confirms audited 2025 results at the top end of prior guidance, with revenue of $65.8M, net income of $11.8M, and EPS of $0.23. Growth was led by copper and aluminum alloy products, while brass declined. Investors may contextualize these results against recent follow-on offerings, the company’s debt-free balance sheet, and its ongoing capital plans, watching future filings and earnings calls for updates on margins and demand trends.
Key Terms
hazardous waste medical
initial public offering financial
Form 20-F regulatory
basis points financial
webcast technical
AI-generated analysis. Not financial advice.
SAN RAFAEL, Bulacan, Philippines, April 28, 2026 (GLOBE NEWSWIRE) -- One and one Green Technologies. INC (Nasdaq: YDDL) (“One and One” or the “Company”) (NASDAQ: YDDL), a Philippines-based recycler holding a government-issued license in the Philippines to import and process hazardous waste as raw materials, today announced its audited financial results for the fiscal year ended December 31, 2025, in conjunction with the filing of its Annual Report on Form 20-F with the U.S. Securities and Exchange Commission.
Financial Highlights – Fiscal Year Ended December 31, 2025:
- Total revenue increased
23% year over year to$65.8 million from$53.5 million . - Gross profit rose
49% to$15.8 million from$10.6 million in the prior year. - Gross margin improved to
23.9% , up from19.8% , representing a 417 basis point expansion. - Income from operations grew
47% to$11.9 million , compared to$8.1 million in 2024. - Net income advanced
82% to$11.8 million from$6.5 million in the prior year. - Earnings per share (basic and diluted) increased
81% to$0.23 from$0.12 .
“2025 was a defining year for One and One. We delivered record revenue and strong profitability, with net income increasing by over
“Our core copper alloy ingot business grew revenue
Operational and Financial Review
Revenue growth was led by copper alloy ingots, which increased to
Gross margin expanded to
Balance Sheet and Capital Position
As of December 31, 2025, One and One had total assets of
On October 10, 2025, One and One completed its initial public offering of 2,000,000 Class A ordinary shares at
Conference Call and Audio Webcast
One and One’s management team will hold an earnings conference call at 8:00 A.M. U.S. Eastern Time (8:00 P.M. Manila Time) on April 28, 2026, to discuss its financial results.
- Toll-free dial-in number: 1-877-407-3982
- International dial-in number: 1-201-493-6780
- Webcast and replay: https://viavid.webcasts.com/starthere.jsp?ei=1761177&tp_key=c045e6e7ca
A live and archived webcast of the conference call will also be available on the Company’s investor relations website at https://ir.onepgti.com.
About One and One Green Technologies. INC
One and one Green Technologies. INC (NASDAQ: YDDL) is a licensed hazardous waste importer and a licensed recycler of non-ferrous metals and industrial materials in the Philippines. One and One transforms electronic waste, scrap metal, and other raw materials into high-value products, including copper alloy ingots and aluminum scraps. With a significant permitted annual capacity and advanced processing capabilities, One and One provides economical, flexible, and environmentally responsible recycling solutions to manufacturers and industrial clients across domestic and international markets. One and One is strategically positioned to meet the growing demand for sustainable resource management.
For more information, please visit our website at www.onepgti.com.
Forward-Looking Statements
This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
Investor Relations Contact:
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com
| ONE AND ONE GREEN TECHNOLOGIES. INC CONSOLIDATED BALANCE SHEETS AS OF DECEMBER 31, 2025 AND 2024 (In U.S. dollar except for share and per share data) | ||||||||
| December 31, 2025 | December 31, 2024 | |||||||
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash and cash equivalents | $ | 957,285 | $ | 1,847,634 | ||||
| Accounts receivable, net | 26,634,057 | 17,401,756 | ||||||
| Inventories, net | 7,230,581 | 5,227,164 | ||||||
| Advances to suppliers | 1,914,972 | - | ||||||
| Deferred offering costs | - | 269,752 | ||||||
| Loan receivable | 2,000,000 | |||||||
| Other receivables and current assets | 216,042 | 4,347 | ||||||
| Total Current Assets | 38,952,937 | 24,750,653 | ||||||
| Non-Current Assets | ||||||||
| Property, plant and equipment, net | 10,284,569 | 11,292,764 | ||||||
| Deferred tax assets | 109,826 | 160,672 | ||||||
| Other non-current assets | 690,135 | - | ||||||
| Operating lease right-of-use assets, net | 6,007,527 | 314,028 | ||||||
| Total Non-Current Assets | 17,092,057 | 11,767,464 | ||||||
| Total Assets | 56,044,994 | 36,518,117 | ||||||
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||||||||
| Current Liabilities | ||||||||
| Accounts payable | 1,712,220 | 5,752,015 | ||||||
| Due to related parties | 585,193 | 980,833 | ||||||
| Taxes payable | 7,390,025 | 7,733,816 | ||||||
| Operating lease liabilities – current | 641,564 | 785,070 | ||||||
| Other payables and accrued expenses | 579,744 | 425,335 | ||||||
| Total Current Liabilities | 10,908,746 | 15,677,069 | ||||||
| Non-Current Liabilities | ||||||||
| Deferred tax liabilities | - | 62,806 | ||||||
| Operating lease liabilities – non-current | 3,301,395 | - | ||||||
| Other non-current liabilities | 13,727 | 29,091 | ||||||
| Total Non-Current Liabilities | 3,315,122 | 91,897 | ||||||
| Total Liabilities | 14,223,868 | 15,768,966 | ||||||
| Commitments and Contingencies | - | - | ||||||
| Shareholders’ Equity | ||||||||
| Class A Ordinary Shares, | 4,410 | 4,180 | ||||||
| Class B Ordinary Shares, | 1,020 | 1,020 | ||||||
| Shares subscription receivable | (5,200 | ) | (5,200 | ) | ||||
| Additional paid-in capital | 10,220,329 | 392,356 | ||||||
| Accumulated income | 33,666,679 | 21,855,065 | ||||||
| Accumulated other comprehensive loss | (2,066,112 | ) | (1,498,270 | ) | ||||
| Total Shareholders’ Equity | 41,821,126 | 20,749,151 | ||||||
| Total Liabilities and Shareholders’ Equity | $ | 56,044,994 | $ | 36,518,117 | ||||
| ONE AND ONE GREEN TECHNOLOGIES. INC CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME FOR THE YEARS ENDED DECEMBER 31, 2025, 2024 AND 2023 (In U.S. dollar except for share and per share data) | ||||||||||||
| Years ended | ||||||||||||
| December 31, | December 31, | December 31, | ||||||||||
| 2025 | 2024 | 2023 | ||||||||||
| Revenues | $ | 65,822,739 | $ | 53,463,785 | $ | 41,270,484 | ||||||
| Cost of revenues | 50,061,941 | 42,892,958 | 32,388,301 | |||||||||
| Gross profit | 15,760,798 | 10,570,827 | 8,882,183 | |||||||||
| Operating expenses: | ||||||||||||
| Selling and marketing expenses | 525,292 | 394,294 | 475,940 | |||||||||
| General and administrative expenses | 3,377,118 | 2,089,783 | 1,147,744 | |||||||||
| Total operating expenses | 3,902,410 | 2,484,077 | 1,623,684 | |||||||||
| Income from operations | 11,858,388 | 8,086,750 | 7,258,499 | |||||||||
| Other income (expenses): | ||||||||||||
| Interest income | 11,760 | 194 | 120 | |||||||||
| Other income, net | 282,300 | 331,903 | 71,673 | |||||||||
| Interest expense | (6,454 | ) | (501 | ) | - | |||||||
| Total other income | 287,606 | 331,596 | 71,793 | |||||||||
| Income before income tax expenses | 12,145,994 | 8,418,346 | 7,330,292 | |||||||||
| Income tax expenses | 334,380 | 1,941,574 | 1,763,118 | |||||||||
| Net income | $ | 11,811,614 | $ | 6,476,772 | $ | 5,567,174 | ||||||
| Weighted average shares outstanding | ||||||||||||
| Basic and diluted* | 52,396,986 | 52,000,000 | 52,000,000 | |||||||||
| Earnings per share | ||||||||||||
| Basic and diluted* | $ | 0.2254 | $ | 0.1246 | $ | 0.1071 | ||||||
| Other comprehensive income (loss): | ||||||||||||
| Net income | $ | 11,811,614 | $ | 6,476,772 | $ | 5,567,174 | ||||||
| Other comprehensive income (loss): | ||||||||||||
| Foreign currency translation adjustment | (567,842 | ) | (783,940 | ) | 69,525 | |||||||
| Total comprehensive income | $ | 11,243,772 | $ | 5,692,832 | $ | 5,636,699 | ||||||
| ONE AND ONE GREEN TECHNOLOGIES. INC CONSOLIDATED STATEMENTS OF CASH FLOWS FOR THE YEARS ENDED DECEMBER 31, 2025, 2024 AND 2023 (in U.S. dollar) | ||||||||||||
| Years ended | ||||||||||||
| December 31, | December 31, | December 31, | ||||||||||
| 2025 | 2024 | 2023 | ||||||||||
| Cash flows from operating activities | ||||||||||||
| Net income | $ | 11,811,614 | $ | 6,476,772 | $ | 5,567,174 | ||||||
| Adjustments to reconcile net income to net cash provided by operating activities | ||||||||||||
| Depreciation of property, plant and equipment | 907,254 | 899,091 | 686,724 | |||||||||
| Non-cash operating lease expense | 54,168 | 221,588 | 209,021 | |||||||||
| Deferred income tax | (13,591 | ) | (35,045 | ) | (28,906 | ) | ||||||
| Changes in assets and liabilities | ||||||||||||
| Accounts receivable | (9,694,197 | ) | (15,079,074 | ) | (57,511 | ) | ||||||
| Inventories | (2,123,552 | ) | 735,769 | 9,298,035 | ||||||||
| Advances to suppliers | (1,961,267 | ) | 650,375 | (375,864 | ) | |||||||
| Other receivables and current assets | (216,599 | ) | 273,505 | 6,417 | ||||||||
| Other non-current assets | (706,820 | ) | - | - | ||||||||
| Advances from customers | - | (591,151 | ) | (4,534,204 | ) | |||||||
| Accounts payable | (4,058,557 | ) | 5,372,783 | (8,567,099 | ) | |||||||
| Other payables and accrued expenses | 159,142 | 388,197 | (467,010 | ) | ||||||||
| Taxes payable | (246,017 | ) | 2,635,002 | 2,109,837 | ||||||||
| Due to related parties | (399,004 | ) | 126,410 | 259,265 | ||||||||
| Operating lease liabilities | (3,245,003 | ) | (64,484 | ) | (45,044 | ) | ||||||
| Net cash (used in) provided by operating activities | (9,732,429 | ) | 2,009,738 | 4,060,835 | ||||||||
| Cash flows from investing activities | ||||||||||||
| Purchase of fixed assets | (29,591 | ) | (11,542 | ) | (3,835,841 | ) | ||||||
| Loan to a third party | (2,000,000 | ) | - | - | ||||||||
| Net cash used in investing activities | (2,029,591 | ) | (11,542 | ) | (3,835,841 | ) | ||||||
| Cash flows from financing activities | ||||||||||||
| Payment of deferred offering costs | - | (256,256 | ) | (17,678 | ) | |||||||
| Net proceeds from stock issuance | 10,100,653 | - | - | |||||||||
| Principal payments on financed amount for purchase of vehicle | (15,337 | ) | (1,282 | ) | - | |||||||
| Net cash provided by (used in) financing activities | 10,085,316 | (257,538 | ) | (17,678 | ) | |||||||
| Effect of exchange rate changes on cash and cash equivalents | 786,355 | (29,503 | ) | (295,349 | ) | |||||||
| Net (decrease) increase of cash and cash equivalents | (890,349 | ) | 1,711,155 | (88,123 | ) | |||||||
| Cash and cash equivalents – beginning of the year | 1,847,634 | 136,479 | 224,602 | |||||||||
| Cash and cash equivalents – end of the year | $ | 957,285 | $ | 1,847,634 | $ | 136,479 | ||||||
| Supplementary cash flow information: | ||||||||||||
| Interest paid | $ | 6,454 | $ | 501 | $ | - | ||||||
| Income taxes paid | $ | 2,236 | $ | 1,027 | $ | 18,101 | ||||||
| Non-Cash financing and investing activities: | ||||||||||||
| Fixed assets financed for purchase of vehicle | $ | - | $ | 46,168 | $ | - | ||||||
| Recognition of right-of-use assets through lease liabilities | $ | 5,750,596 | $ | - | $ | - | ||||||
