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Cleantek Industries Inc. ( (TSE:CTEK) ) just unveiled an announcement.
Cleantek Industries issued its 2026 financial and strategic outlook, projecting annual revenue between $21.5 million and $22.5 million and adjusted EBITDA of $7.2 million to $7.5 million, driven by higher utilization of its existing fleet and robust international product sales, including a recently secured HALO SE Crown Mount contract. The company plans capital expenditures of $1.5 million to $1.65 million with flexibility for further spending, intends to add debt to support its large international contract in a move expected to improve liquidity, and is positioning itself as an attractive merger-and-acquisition platform through its public listing, tax assets, international momentum and high-grade asset base, underscoring 2026 as a strategic inflection point for global expansion and operational efficiency.
More about Cleantek Industries Inc.
Cleantek Industries Inc., based in Calgary, is a clean energy technology company specializing in ESG-focused solutions for wastewater treatment, disposal equipment and turnkey sustainable lighting rentals. Leveraging patented technology and industry expertise, it serves a diverse client base that includes major exploration and production companies across North America, targeting growing demand for sustainable water treatment and industrial lighting solutions.
Average Trading Volume: 23,894
Technical Sentiment Signal: Buy
Current Market Cap: C$16.12M
For detailed information about CTEK stock, go to TipRanks’ Stock Analysis page.