Birchtech ( (BCHT) ) just unveiled an announcement.
Birchtech Corp. has announced its fiscal 2025 revenue guidance, projecting at least $23 million in revenues, excluding potential cash from intellectual property defense and emerging water treatment business. This represents a growth of at least 31% from 2024. The company’s core air business, driven by mercury emissions capture technologies, is expected to reach a run-rate of at least $40 million by 2026. The announcement underscores Birchtech’s robust growth trajectory, supported by increasing market share in the coal-fired utility sector and potential expansion in the water purification market, promising long-term value for shareholders.
More about Birchtech
Birchtech Corp. is a leader in specialty activated carbon technologies, providing innovative solutions for air and water purification to promote a cleaner, more sustainable future. The company is known for its patented SEA® sorbent technologies for mercury emissions capture in the coal-fired utility sector and is developing disruptive water purification technologies focusing on forever chemicals such as PFAS and PFOS.
YTD Price Performance: -7.74%
Average Trading Volume: 86,034
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $47.13M
Learn more about BCHT stock on TipRanks’ Stock Analysis page.
Trending Articles:
Questions or Comments about the article? Write to editor@tipranks.com