Welcome to our dedicated page for CleanCore Solutions news (Ticker: ZONE), a resource for investors and traders seeking the latest updates and insights on CleanCore Solutions stock.
Overview
CleanCore Solutions Inc (ZONE) is a technology-driven company that specializes in the development and manufacturing of advanced cleaning systems using patented aqueous ozone technology. Combining chemical-free cleaning with innovative nanobubble techniques, the company provides safe, sustainable, and cost-effective sanitization solutions that are designed to replace traditional, chemical-intensive methods. With applications spanning janitorial services, industrial cleaning, ice machine maintenance, and laundry management, CleanCore Solutions serves clients in a wide range of environments including commercial buildings, healthcare facilities, educational institutions, airports, retail centers, and large-scale logistics hubs.
Innovative Technology
At the heart of CleanCore Solutions’ offering is its breakthrough aqueous ozone technology. Unlike conventional cleaning chemicals, the company’s patented process produces a potent sanitizer through the generation of ozone in water, leveraging advanced nanobubble technology that enhances the efficacy of the cleaning solution. This technique not only ensures superior cleaning, sanitizing, and deodorizing performance but also minimizes the environmental footprint by reducing reliance on harmful chemicals. The technology is engineered to be adaptable, enabling on-demand production of ozone-based cleaning solutions that are both safe for users and effective in eradicating pathogens from high-touch surfaces.
Applications and Market Reach
CleanCore Solutions has established a diverse customer base by offering products that are tailored to various sectors:
- Hospitality and Lodging: The company’s cleaning systems are being integrated into hotel properties, providing chemical-free solutions that promote guest safety and reduce maintenance costs. The successful deployment in renowned hotel chains and partnerships with established hospitality groups illustrates the operational benefits of switching to a sustainable cleaning alternative.
- Commercial and Industrial Facilities: From factories and warehouses to large distribution centers, CleanCore’s systems are designed to manage expansive areas that require reliable, high-traffic cleaning. The chemical-free approach supports both cost-savings and compliance with stricter health and safety standards in working environments.
- Airports and Transportation: Recognizing the unique challenges of high-density public spaces, CleanCore has developed solutions that are particularly suited for busy airport terminals and transportation hubs. The use of Power Caddies and on-demand fill stations ensures continuous cleaning without interrupting operations.
- Education and Healthcare: With installations in universities, schools, preschools, and daycare centers, the company demonstrates its capacity to provide safe cleaning solutions that are vital in environments where health is paramount. By eliminating the use of harsh chemicals, educational institutions and healthcare facilities can maintain high standards of hygiene and safety.
Patented Technology and Competitive Advantages
One of the key differentiators of CleanCore Solutions is its patented nanobubble technology that optimizes aqueous ozone generation. This unique process allows the company to produce a sanitizer with significantly enhanced penetration and cleaning power without the risks associated with traditional chemical agents. The proprietary nature of this technology provides a competitive advantage in markets that are increasingly focused on sustainable and eco-friendly solutions. By reducing chemical waste and lowering operational costs, CleanCore offers a viable alternative for organizations seeking both economic and environmental benefits.
Operational Excellence and Business Model
The company’s business model is centered on direct sales and long-term customer relationships, largely built through a recurring revenue framework. CleanCore Solutions not only supplies high-performance cleaning units but also offers comprehensive training, support, and maintenance services to ensure that clients can fully realize the benefits of their technology. With strong customer testimonials and ongoing installations across various market segments, the company is recognized for its reliable performance and measurable cost savings. The recurring revenue element of the business model further enhances its market attractiveness, as clients seek predictable operating expenses without the volatility often associated with traditional chemical supply chains.
Industry Position and Market Significance
In today’s market, the demand for sustainable, health-conscious cleaning methods is on the rise. CleanCore Solutions is strategically positioned in an industry that prioritizes both efficacy and environmental responsibility. As operational standards evolve, organizations are increasingly turning towards innovative alternatives to hazardous cleaning chemicals. CleanCore’s solutions address key concerns such as reducing exposure to potentially dangerous substances, cutting down on maintenance costs, and ensuring compliance with regulatory requirements across healthcare, hospitality, education, and industrial sectors.
Commitment to Quality and Sustainability
Underpinned by a mission to create safer and healthier environments, CleanCore Solutions consistently emphasizes quality and sustainability. The technologies developed by the company are designed not only to meet but set new benchmarks in the cleaning industry. With an unwavering commitment to innovation and continuous improvement, CleanCore demonstrates a deep understanding of market challenges and operational needs, making it a trusted partner in replacing conventional practices with advanced, sustainable alternatives.
Integration and Implementation
Clients benefit from the seamless integration of CleanCore’s systems into their existing maintenance frameworks. The company’s range of products—from portable units like the Power Caddy to fixed installations such as wall-mounted Fill Stations—ensures versatility across varied settings. Implementation is supported by thorough training programs and ongoing service support, enabling organizations to transition quickly while maintaining uninterrupted operations. This strategic approach has resulted in successful pilot programs and full-scale deployments across multiple industries, reinforcing the company’s reputation for both efficiency and adaptability.
Expertise and Industry Insight
The depth of expertise demonstrated by CleanCore Solutions is evident not only in its technological innovation but also in its holistic approach to customer care. By combining scientific advancements in aqueous ozone production with a deep understanding of cleaning dynamics in high-traffic environments, the company provides comprehensive solutions that are both practical and innovative. Detailed operational insights and a data-driven approach to performance guarantees underscore CleanCore’s commitment to delivering reliable and measurable improvements in cleanliness and sanitation.
Comprehensive Environmental and Economic Benefits
CleanCore’s approach offers dual advantages. Environmentally, reducing chemical waste and eliminating harmful agents from cleaning routines contributes significantly to sustainability initiatives. Economically, clients experience reduced costs in chemical procurement and waste management. These benefits create a compelling value proposition that is critical for organizations seeking to balance operational efficiency with environmental responsibility.
Conclusion
Overall, CleanCore Solutions represents a paradigm shift in the cleaning industry through its pioneering use of aqueous ozone technology and patented nanobubble processes. The company’s comprehensive portfolio of products caters to diverse industries, offering a compelling combination of safety, performance, and cost-savings. By prioritizing quality, sustainability, and customer support, CleanCore stands as a noteworthy example of innovation in chemical-free cleaning practices, meeting the evolving demands of modern institutional and commercial environments.
CleanCore Solutions (NYSE: ZONE) has signed a definitive agreement to acquire Sanzonate Europe, Europe's largest aqueous ozone product distributor. The acquisition, expected to close by March 7, 2025, will be financed through a seller-financed carryback note and earnout, avoiding dilutive equity raising.
The deal structure includes a $600,000 cash payment, $625,000 promissory note, and potential earnout payments up to $1.25M over 5 years. CleanCore will acquire $500,000 in inventory and $450,000 in accounts receivable, assuming no liabilities.
Key benefits include:
- Access to 30+ distribution partners with $10M net backlog
- $20M+ potential sales pipeline
- Enhanced gross margins and EBITDA through eliminated intermediaries
- Control of Europe's largest aqueous ozone distribution network
- Platform for expansion into Asia and South America
CleanCore Solutions (ZONE) reported Q2 FY2025 financial results, highlighting business expansion despite temporary revenue challenges. Revenue remained relatively flat at $257,000 compared to $258,000 in the same quarter last year, while net loss increased to $1.0 million from $345,000. The company's six-month revenue showed 6.5% growth through December 31, 2024.
The company has transitioned to a direct sales recurring revenue model and expanded its customer pilot programs, leading to higher sales costs and temporary revenue impacts. Notable developments include worldwide rollout with a major enterprise software company, partnerships with Fortune 500 clients, and implementation of product reengineering initiatives to reduce costs.
CleanCore is gaining traction across various sectors, including education, aviation, and hospitality, with its chemical-free cleaning solutions. The company expects increased market demand following EPA's ban on certain carcinogenic chemicals, positioning itself as a compliant alternative.
CleanCore Solutions (NYSE American: ZONE) announced the deployment of its sustainable cleaning solutions at a major international New York airport that handled over 60 million passengers in 2023. The rollout, part of a collaboration with the airport's facility management company, includes CleanCore's patented technology products that replace traditional cleaning chemicals with safe and low-cost alternatives.
The deployment focuses on high-traffic areas including passenger terminals, restrooms, and transportation hubs requiring daily maintenance. The company's solutions aim to eliminate harmful chemicals while maintaining cleaning efficacy, supporting the airport's sustainability objectives and environmental impact reduction efforts.
CEO Clayton Adams stated this rollout represents another aviation contract through their strategic facility management partnership, expecting it to drive continued growth and generate significant monthly recurring revenue.
CleanCore Solutions (NYSE American: ZONE) has appointed Travis Buchanan as President. Buchanan brings extensive experience in acquisitions, business scaling, technology deployment, and manufacturing operations. His most recent role was Chief Operating Officer at Poplar Homes, where he achieved a 10x portfolio expansion and secured $53 million in Series B financing.
Previously, as Senior Vice President of Business Initiatives at American Homes 4 Rent (NYSE: AMH), Buchanan led strategic initiatives and scaled nationwide operations. His background includes entrepreneurial ventures, turnaround consulting for manufacturing and consumer brands, and experience in commercial real estate lending. He holds a bachelor's degree from California State University and is a Certified Financial Planner™.
CleanCore Solutions (NYSE: ZONE) commends the EPA's recent ban on two carcinogenic chemicals: trichloroethylene (TCE) and perchloroethylene (PCE). The EPA has completely banned TCE, commonly found in degreasing agents and furniture care products, while PCE, used in dry cleaning and auto repair, will be prohibited for consumer applications and most commercial uses.
As companies must now adopt safer alternatives, CleanCore positions its water-based cleaning technology as a compliant solution. The company's aqueous ozone technology offers a chemical-free alternative that prioritizes health and safety while maintaining operational efficiency.
CleanCore Solutions (NYSE American: ZONE) announced a pilot program with a major international hotel chain in a U.S. location, following successful installation with one of the chain's franchisees. The program includes testing of Power Caddies, Fill Stations, Ice Treatment machines and Laundry solutions. The partnership has potential for expansion across the hotel chain's network of over 1,000 hotels in eight countries across three continents. CleanCore highlights its impressive 98% conversion rate from pilot testing to signed contracts, demonstrating the effectiveness of their eco-friendly cleaning solutions in meeting industry standards.
CleanCore Solutions (NYSE: ZONE) reported Q1 FY2025 financial results showing 12% year-over-year revenue growth to $365,000, up from $326,000 in Q1 FY2024. However, the company experienced increased losses with net loss widening to $856,000 from $437,000 year-over-year. General and administrative expenses rose to $916,000 from $510,000, primarily due to increased professional fees, public company costs, European certifications, and stock compensation. The company expanded its customer base, securing agreements with a building service contractor in transportation and Montessori Schools, while deploying over 200 cleaning systems at a western U.S. university.
CleanCore Solutions (NYSE American: ZONE) has expanded its education vertical to include preschools and daycare centers, with Hand In Hand Montessori School in Minnesota as an early adopter. The company's patented chemical-free cleaning technology offers a safe and cost-effective alternative to traditional cleaning chemicals, particularly suitable for early childhood environments. The solution allows facilities to maintain cleanliness throughout the day without risking children's health, while reducing chemical costs and environmental impact.
CleanCore Solutions (NYSE American: ZONE) is set to ring the NYSE Opening Bell today, celebrating its progress and listing on the New York Stock Exchange. The company, which develops patented technology for safe and low-cost cleaning chemical alternatives, began trading under the ticker symbol 'ZONE' on April 26, 2024.
CEO Clayton Adams expressed pride in the company's achievements since listing, emphasizing their goal to revolutionize cleaning and disinfection using aqueous ozone technology. CleanCore aims to eliminate harmful chemicals, reduce environmental impact, and provide sustainable, cost-effective solutions that outperform traditional methods.
The company also disclosed that its audited financial statements for the fiscal year ended June 30, 2024, included an audit report with a going concern opinion from its independent registered public accounting firm, as required by NYSE American Company Guide Section 610(b).
CleanCore Solutions, Inc. (NYSE American: ZONE) reported its 2024 fiscal year financial results and provided a business update. The company, which develops patented aqueous ozone cleaning technology, highlighted several key points:
Financial Highlights:
- Current cash position of $1.85M, providing over two years of runway
- Expects to be cash flow positive in next 12 months
- Gross margin increased to 49.6% in 2024 from 29.9% in 2023
- Revenue was $1.6 million in 2024 compared to $2.4 million in 2023
- Net loss decreased to $2.3 million in 2024 from $5.3 million in 2023
The company attributes its improved gross margins to a strategic shift towards direct product sales. CleanCore's CEO, Clayton Adams, emphasized the growing adoption of their eco-friendly cleaning systems in key sectors such as healthcare, education, and aviation. The company aims to capitalize on the projected $92.7 billion global cleaning services market by 2027.
FAQ
What is the current stock price of CleanCore Solutions (ZONE)?
What is the market cap of CleanCore Solutions (ZONE)?
What is the core technology behind CleanCore Solutions?
In which industries are CleanCore’s products most commonly used?
How does CleanCore generate revenue?
What differentiates CleanCore’s cleaning solutions from traditional methods?
How does the technology ensure safety and efficiency?
What role does sustainability play in CleanCore’s business model?
How does CleanCore support its customers after installation?
How is CleanCore positioned in the competitive landscape?
