One and one Green Technologies Inc Class A ( (YDDL) ) has released its Q2 earnings. Here is a breakdown of the information One and one Green Technologies Inc Class A presented to its investors.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
One and One Green Technologies Inc., a waste materials and scrap metal recycling company based in the Philippines, is recognized for its significant recycling capacity and its government-issued license to import hazardous waste, positioning it as a key player in both domestic and international recycling markets.
The company reported a strong performance in the first half of 2025, with revenues surging by 51% to $28.1 million and net income increasing by 60%, accompanied by a gross margin expansion to 25.3%. This growth was driven by high demand for copper products in the Asia-Pacific region and effective cost management strategies.
Key financial highlights include a significant increase in copper ingot sales, which rose to $18.5 million, and a modest increase in aluminum alloy sales to $8.6 million. The company also maintained a strong balance sheet with no interest-bearing debt and raised $11.5 million through its initial public offering. Operating expenses increased slightly due to one-time IPO-related costs.
Looking ahead, One and One Green Technologies Inc. remains confident in its strategic focus on high-demand products and efficient cost management, aiming to continue driving sustainable growth and value for its shareholders in the expanding global market for responsibly sourced metals.