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Ostrom Climate Solutions Inc ( (TSE:COO) ) has provided an announcement.
Ostrom Climate Solutions Inc. reported a 31.6% decrease in Q1 2025 revenue compared to the previous year, attributed to the timing of Verified Emission Reduction units and a strategic exit from unprofitable consulting contracts. Despite the revenue decline, the company achieved a significant increase in gross profit and reduced its net loss, reflecting improved cost controls and consulting margins. The quarter also marked strategic realignment efforts, including the advancement of its Climate-Smart Rice Project in the Philippines and restructuring efforts to strengthen liquidity. Ostrom’s management expressed confidence in future recovery and growth, supported by a streamlined structure and a growing portfolio of high-integrity credits.
More about Ostrom Climate Solutions Inc
Ostrom Climate Solutions Inc. is a leading provider of carbon project development and management services, climate solutions, and carbon credit marketing in North America. The company has a strong focus on validating and verifying forest carbon projects globally for both voluntary and regulated markets.
Average Trading Volume: 91,080
Technical Sentiment Signal: Sell
Current Market Cap: C$4.56M
For detailed information about COO stock, go to TipRanks’ Stock Analysis page.