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.
CleanCore Solutions (ZONE) delivers innovative chemical-free cleaning systems through patented aqueous ozone and nanobubble technology. This dedicated news hub provides investors and industry professionals with essential updates on financial performance, technological advancements, and market expansion initiatives.
Access real-time information about earnings reports, strategic partnerships, product launches, and sustainability milestones. Our curated news collection helps stakeholders understand how CleanCore’s solutions reduce operational costs while meeting growing demand for eco-friendly sanitation in healthcare, hospitality, and industrial sectors.
Key updates on regulatory developments, installation case studies, and patent portfolio expansions. Bookmark this page for centralized access to press releases and objective analysis of CleanCore’s position in the $XX billion commercial cleaning market.
CleanCore Solutions (NYSE: ZONE) has secured a General Services Administration (GSA) Multiple Award Schedule (MAS) Indefinite Delivery/Indefinite Quantity (IDIQ) contract, enabling U.S. government purchases of its aqueous ozone cleaning products. The contract spans 5 years, with potential extensions up to 20 years.
As the exclusive provider of aqueous ozone cleaning solutions under the GSA MAS contract, CleanCore gains access to federal, state, and local government buyers through GSA Advantage and GSA eLibrary platforms. The contract positions CleanCore to tap into a significant market, noting that GSA MAS contracts generated over $46 billion in sales in fiscal year 2023, with a 40% increase over five years.
The company's chemical-free cleaning technology offers government buyers cost savings through reduced chemical purchases, lower labor costs, extended equipment life, and improved sanitation. The industrial products category, CleanCore's target market, recorded nearly $1 billion in sales in fiscal year 2023, with small businesses accounting for 36% of total GSA MAS contract sales.
CleanCore Solutions (NYSE: ZONE) has completed the acquisition of Sanzonate Europe, Europe's largest distributor of aqueous ozone cleaning technologies. The strategic move provides access to over 30 distribution partners and unlocks a $20 million sales pipeline without requiring equity dilution.
The acquisition delivers immediate benefits including $400,000 in inventory and $258,000 in accounts receivable. The deal was structured through a seller-financed promissory note and earnout arrangement, minimizing upfront costs. The integration is expected to enhance gross margins and EBITDA by eliminating intermediaries.
The transaction positions CleanCore as one of the only vertically integrated aqueous ozone companies operating across North America and Europe, while enabling expansion into Asian and South American markets.
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.
