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Environmental Clean Technologies Limited
(Sydney:ECT)
Environmental Clean Technologies Limited (ECT) vs. iShares MSCI Australia ETF (EWA)
Environmental Clean Technologies Limited Business Overview & Revenue Model
Environmental Clean Technologies Limited Financial Statement Overview
| Breakdown | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 257.60K | 0.00 | 87.45K |
| Gross Profit | -1.38M | -384.00K | -146.00K | -321.00K | -577.00K |
| EBITDA | -3.09M | -4.00M | -4.22M | -2.00M | -1.99M |
| Net Income | -3.71M | -4.42M | -5.18M | -1.87M | -2.07M |
Balance Sheet | |||||
| Total Assets | 5.95M | 8.18M | 11.96M | 6.87M | 3.21M |
| Cash, Cash Equivalents and Short-Term Investments | 762.17K | 1.29M | 4.40M | 1.01M | 1.10M |
| Total Debt | 1.27M | 2.38M | 2.52M | 1.98M | 868.16K |
| Total Liabilities | 2.53M | 4.75M | 4.91M | 5.55M | 2.32M |
| Stockholders Equity | 3.42M | 3.43M | 7.05M | 1.32M | 880.93K |
Cash Flow | |||||
| Free Cash Flow | -2.90M | -3.00M | -5.58M | -3.66M | -2.13M |
| Operating Cash Flow | -2.71M | -1.60M | -2.35M | -840.89K | -1.81M |
| Investing Cash Flow | -184.02K | -1.37M | -3.13M | -2.23M | 1.56M |
| Financing Cash Flow | 2.37M | -154.41K | 8.87M | 2.98M | 965.95K |
Environmental Clean Technologies Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | AU$233.49M | 18.25 | 9.71% | 2.26% | 44.28% | -0.27% | |
67 Neutral | AU$11.51M | 13.33 | 6.19% | ― | -6.52% | -20.79% | |
64 Neutral | $10.96B | 16.35 | 8.89% | 1.96% | 2.68% | -15.17% | |
52 Neutral | AU$29.34M | ― | -16.00% | ― | 11.53% | 46.15% | |
44 Neutral | AU$5.63M | 6.25 | -20.47% | ― | -77.68% | -9.09% | |
40 Underperform | AU$11.09M | ― | -203.38% | ― | 20.00% | 17.22% | |
27 Underperform | AU$217.82M | ― | -122.51% | ― | ― | 29.66% |
Environmental Clean Technologies Limited Corporate Events
Environmental Clean Technologies Limited announced the issuance of 1,130,000 unquoted convertible notes as part of a previously announced transaction. This move is expected to impact the company’s financial structuring and may influence its market positioning by potentially enhancing its capital resources.
Environmental Clean Technologies Limited has announced a change in the director’s interest, with Joseph van den Elsen acquiring 25,000,000 options indirectly through Gotham Corporate Pty Ltd. This change, approved by shareholders, reflects the company’s ongoing commitment to aligning its leadership’s interests with its strategic goals, potentially impacting its market positioning and stakeholder confidence.
Environmental Clean Technologies Limited announced the issuance of 25 million unquoted options, set to expire on April 29, 2028, as part of previously announced transactions. This move is part of the company’s strategic financial management, potentially impacting its capital structure and offering insights into its future growth plans.
Environmental Clean Technologies Limited announced the cessation of 40 million securities due to the lapse of conditional rights, as the conditions were not met. This cessation may impact the company’s capital structure and could have implications for its market positioning and stakeholder interests.
Environmental Clean Technologies Limited announced the successful passing of all resolutions during its Extraordinary General Meeting held on April 23, 2025. The resolutions included granting security over a significant asset, ratification and approval of tranche placement shares, and approval of lead manager and director options. This outcome supports the company’s strategic initiatives and may enhance its financial stability and operational capabilities.
Environmental Clean Technologies Limited has announced the release of a project presentation for their COLDry fertiliser, developed through a joint venture with ESG Agriculture Pty Ltd. This presentation is aimed at prequalified prospective lenders as part of the financing process for the venture, highlighting the company’s commitment to sustainable soil health solutions.
Environmental Clean Technologies Limited has announced an Extraordinary General Meeting (EGM) scheduled for April 23, 2025, which will be held in a hybrid format, allowing both physical and virtual attendance. Shareholders are encouraged to participate and vote on resolutions, with options to do so via proxy, online, or in person, reflecting the company’s commitment to inclusive and flexible shareholder engagement.
Environmental Clean Technologies Limited has announced an extraordinary general meeting to discuss a significant resolution involving the granting of security over its assets to a substantial shareholder, LJ & K Thomson Pty Ltd. This move is aimed at securing obligations under a Convertible Note Deed, and an independent expert has deemed the proposal fair and reasonable for shareholders. The meeting will be held both in person and online, with specific voting exclusions in place for those who stand to benefit materially from the transaction.
Environmental Clean Technologies Limited has announced an amendment to its security arrangement under a $1.13 million Convertible Note Deed with LJ & K Thomson Pty Ltd. The security will now be a general security deed over the company’s assets, excluding R&D Tax Incentive Rebates and Intellectual Property, subject to shareholder approval. Additionally, after discussions, the conversion price of the notes will remain at $0.00425 per share, contrary to a previously agreed reduction. These changes are subject to approval at an upcoming Extraordinary General Meeting, and the company aims to maintain its strategic financial positioning while ensuring compliance with regulatory requirements.
Environmental Clean Technologies Limited announced the issuance of 475 million fully paid ordinary shares at $0.001 per share to sophisticated and professional investors. This tranche 1 placement, disclosed under section 708A(5)(e) of the Corporations Act 2001, aims to enhance the company’s capital structure and support its ongoing operations, reflecting its commitment to transparency and compliance with regulatory standards.
Environmental Clean Technologies Limited has announced the quotation of 475,000,000 fully paid ordinary securities on the ASX as of February 26, 2025. This move is part of previously announced transactions and is expected to enhance the company’s market presence and provide additional capital for its ongoing projects, potentially benefiting stakeholders and strengthening its position in the clean technology sector.
Environmental Clean Technologies Limited reported a significant reduction in its half-year loss, decreasing by 26% compared to the previous period, despite a 47% decline in revenue. The company has entered into a joint venture agreement with ESG Agriculture Pty Ltd, which may offer new opportunities for growth and collaboration in sustainable technologies.
Environmental Clean Technologies Limited has completed Tranche 1 of its placement, raising $475,000 to enhance financial flexibility for key initiatives. The company plans to seek shareholder approval for Tranche 2 to raise an additional $275,000. Additionally, a short-term loan of $150,000 has been agreed upon with Zero Quest Pty Ltd to support working capital. The company also plans to amend a $1.13M Convertible Note, aligning terms with market conditions to support long-term growth objectives.
Environmental Clean Technologies Limited has announced the appointment of Joseph van den Elsen as a new director, effective February 17, 2025. This appointment marks a strategic move for the company, potentially impacting its governance and strategic direction, although the director currently holds no interests in the company’s securities.
Environmental Clean Technologies Limited announced the cessation of James Blackburn as a director, effective February 17, 2025. Blackburn held substantial interests in the company, including 8,280,907 fully paid ordinary shares and 40,000,000 incentive options across four tranches. This change in directorship may impact the company’s strategic direction and governance, potentially affecting its stakeholders.
Environmental Clean Technologies Limited announced a proposed issuance of 750 million ordinary fully paid securities with an issue date set for April 17, 2025. This strategic move aims to raise capital, potentially enhancing the company’s capacity to advance its technology offerings and strengthen its market presence in the environmental technology sector.
Environmental Clean Technologies Limited announced a proposed issuance of securities, consisting of 75 million options and 45 million fully paid ordinary shares, to be executed by April 17, 2025. This move is part of the company’s strategy to raise capital, potentially impacting its financial resources and market position, as it seeks to enhance its technology offerings and expand its market reach.
Environmental Clean Technologies Limited has announced a proposed issue of 25 million new securities in the form of options, each exercisable at $0.002 and expiring three years from their date of issue, set for April 2025. This strategic move is intended to strengthen the company’s financial position and potentially enhance its market reach, signaling a proactive approach to capitalizing on growth opportunities within the environmental technology industry.
Environmental Clean Technologies Limited has announced the successful raising of $750,000 through a share placement to support the COLDry Fertiliser Project, acquisitions strategy, and working capital. The company is advancing its joint venture with ESG Agriculture, with field trials for its net-zero COLDry fertiliser set to begin in early 2025. Additionally, the company has made significant board changes, appointing Joseph van den Elsen as Non-Executive Chairman, reflecting its focus on growth and acquisition opportunities in clean technologies.
Environmental Clean Technologies Limited has requested a trading halt on its securities pending an upcoming announcement concerning a capital raising initiative. This move, effective until February 18, 2025, or the release of the announcement, reflects the company’s strategic financial adjustments, potentially impacting its market position and stakeholder interests.