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Environmental Clean Technologies Limited
(Sydney:ECT)
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Rating:49Neutral
Price Target:
AU$0.13
▼(-16.25% Downside)
Action:Reiterated
Date:07/24/26
The score is held down primarily by very weak financial performance (minimal/zero revenue, persistent losses, negative operating/free cash flow, and sharply reduced equity increasing leverage risk). Technicals are a partial offset, with the stock trading above key moving averages and RSI showing solid momentum. Valuation remains challenged due to negative earnings and no stated dividend yield.
Positive Factors
Proprietary Coldry tech & licensing model
Owning proprietary Coldry technology and targeting a licensing/royalty model creates a scalable, capital-light path to revenue. Over months this supports margin leverage if license uptake occurs, reduces operating capital needs versus asset-heavy peers, and aligns incentives with project developers.
Negative Factors
No meaningful revenue or gross profit
Persistently negligible revenue and negative gross profit indicate the technology has not yet translated into commercial, repeatable cash flows. This undermines validation of the licensing model, delays royalty income, and means the company remains dependent on proof-of-concept milestones before achieving sustainable margins.
Read all positive and negative factors
Positive Factors
Negative Factors
Proprietary Coldry tech & licensing model
Owning proprietary Coldry technology and targeting a licensing/royalty model creates a scalable, capital-light path to revenue. Over months this supports margin leverage if license uptake occurs, reduces operating capital needs versus asset-heavy peers, and aligns incentives with project developers.
Read all positive factors
Environmental Clean Technologies Limited (ECT) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$48.44M
Dividend YieldN/A
Average Volume (3M)1.19M
Price to Earnings (P/E)―
Beta (1Y)1.58
Revenue GrowthN/A
EPS Growth31.86%
CountryAU
Employees53
SectorIndustrials
Sector Strength72
IndustryIndustrial - Pollution & Treatment Controls
Share Statistics
EPS (TTM)-0.02
Shares Outstanding358,839,230
10 Day Avg. Volume600,648
30 Day Avg. Volume1,191,678
Financial Highlights & Ratios
PEG Ratio0.09
Price to Book (P/B)8.77
Price to Sales (P/S)0.00
P/FCF Ratio-7.37
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Environmental Clean Technologies Limited Business Overview & Revenue Model
Company Description
Environmental Clean Technologies Ltd. (ECT) specializes in the innovation, development, and market introduction of cutting-edge technologies tailored for Australia's energy and natural resource industries. Its portfolio features COLDry, an advance...
How the Company Makes Money
ECT’s intended revenue model is based primarily on commercialising its proprietary technologies (particularly Coldry) through licensing and related commercial agreements rather than operating large-scale commodity production itself. In practice, t...
Environmental Clean Technologies Limited Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
28
Negative
Cash Flow
18
Very Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 257.60K | 0.00 |
| Gross Profit | -745.34K | -1.14M | -1.38M | -1.06M | -1.36M | -321.00K |
| EBITDA | -3.16M | -1.84M | -3.09M | -4.00M | -4.22M | -2.00M |
| Net Income | -4.45M | -3.52M | -3.71M | -4.42M | -5.18M | -1.87M |
Balance Sheet | ||||||
| Total Assets | 23.53M | 3.26M | 5.95M | 8.18M | 11.96M | 6.87M |
| Cash, Cash Equivalents and Short-Term Investments | 3.03M | 478.64K | 762.17K | 1.29M | 4.40M | 1.01M |
| Total Debt | 0.00 | 1.24M | 1.27M | 2.38M | 2.52M | 1.98M |
| Total Liabilities | 1.46M | 2.40M | 2.53M | 4.75M | 4.91M | 5.55M |
| Stockholders Equity | 22.07M | 860.12K | 3.42M | 3.43M | 7.05M | 1.32M |
Cash Flow | ||||||
| Free Cash Flow | -947.61K | -1.02M | -2.90M | -3.00M | -5.58M | -3.66M |
| Operating Cash Flow | -947.62K | -1.02M | -2.71M | -1.60M | -2.35M | -840.89K |
| Investing Cash Flow | 323.53K | -40.00K | -184.02K | -1.37M | -3.13M | -2.23M |
| Financing Cash Flow | 4.43M | 780.96K | 2.37M | -154.41K | 8.87M | 2.98M |
Environmental Clean Technologies Limited Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
55 Neutral | AU$38.05M | 10.75 | 6.56% | ― | 9.57% | -21.00% | |
53 Neutral | AU$31.38M | -14.33 | -15.66% | ― | 20.05% | 33.33% | |
49 Neutral | AU$48.44M | -8.13 | -38.77% | ― | ― | 31.86% | |
47 Neutral | AU$17.23M | -0.28 | -51.88% | ― | -9.93% | -1130.30% | |
44 Neutral | AU$89.25M | -6.37 | 115.72% | ― | 64.76% | 61.79% | |
42 Neutral | AU$3.75M | -1.15 | -41.16% | ― | 308.85% | -44.44% |
* Industrials Sector Average
AU:ECT
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Environmental Clean Technologies Limited Corporate Events
Environmental Clean Technologies Faces Ongoing ASX Trading Suspension
Jul 30, 2026
Environmental Clean Technologies Ltd remains suspended from quotation on the ASX after requesting a voluntary halt pending an announcement on a potential acquisition and its response to an ASX price query letter. As of 30 July 2026, the company ha...
ECT seeks voluntary ASX suspension ahead of potential acquisition update
Jul 27, 2026
Environmental Clean Technologies Limited has requested the immediate voluntary suspension of trading in its ordinary shares on the ASX. The move follows an ASX price query and precedes an expected market announcement regarding a potential acquisit...
Environmental Clean Technologies Cancels Director’s ELF Shares After Shareholder Approval
Jul 24, 2026
Environmental Clean Technologies Limited has disclosed a change in director Faldi Ismail’s indirect interests, following the cancellation of 666,667 ordinary fully paid shares previously held under an employee loan-funded (ELF) arrangement v...
Environmental Clean Technologies Seeks Trading Halt Amid Potential Acquisition
Jul 23, 2026
Environmental Clean Technologies Limited has requested a trading halt in its securities on the ASX, with the halt to remain in place until either the start of trading on 27 July 2026 or the release of a pending announcement. The company said the h...
Environmental Clean Technologies Cuts Share Count via Selective Buy-Back
Jul 22, 2026
Environmental Clean Technologies Limited has cancelled 57,250,687 ordinary fully paid shares on 22 July 2026 following a selective buy-back, as disclosed in an Appendix 3H notification to the ASX. The move reduces the company’s issued capita...
Environmental Clean Technologies Issues 3.5 Million Unquoted Performance Rights
Jul 22, 2026
Environmental Clean Technologies Limited, an ASX-listed environmental technology company, develops and commercialises clean-tech solutions designed to cut emissions and improve industrial processes. Its focus on sustainability-linked technologies ...
ECT positions PFAS destruction technology in key U.S. EPA review
Jun 28, 2026
Environmental Clean Technologies has lodged a public comment with the U.S. Environmental Protection Agency as part of the agency’s four-year review of PFAS destruction and disposal guidance. The company used the submission to showcase perfor...
ECT calls 2026 extraordinary meeting, shifts to digital notices
Jun 17, 2026
Environmental Clean Technologies Limited has called an Extraordinary General Meeting for 17 July 2026 in Melbourne, inviting shareholders to attend in person or participate via proxy. In line with updated Corporations Act provisions, the company w...
Environmental Clean Technologies Calls Extraordinary General Meeting for July 2026
Jun 17, 2026
Environmental Clean Technologies Ltd has called an extraordinary general meeting of shareholders to be held on 17 July 2026 at 10:00am AEST in Melbourne, with the session to take place at Suite 1, Level 6, 350 Collins Street. The company is encour...
Environmental Clean Technologies targets U.S. expansion with planned OTCQB listing
Jun 16, 2026
Environmental Clean Technologies has begun the process to list its shares on the U.S. OTCQB Venture Market under the ticker ECTHF, aiming to start trading in the third quarter of 2026 subject to regulatory approvals. The move, supported by U.S. ad...
ECT launches COLDry commercialisation review and updates Yallourn asset sale
Jun 9, 2026
Environmental Clean Technologies has launched a formal commercialisation review of its COLDry technology, appointing RSM Corporate Australia to deliver an independent commercial and financial assessment. The review will evaluate existing partnersh...
ECT Advances PFAS Destruction Tech and Expands Market Reach With Rice University Deal
Apr 30, 2026
Environmental Clean Technologies has advanced its PFAS destruction technology, reporting successful high-voltage Rapid Electrothermal Mineralisation trials that achieve uniform soil heating to around 1,000°C at kilogram scale without conducti...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.