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Aduro Clean Technologies (TSE:ACT)
TSX:ACT
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Aduro Clean Technologies (ACT) AI Stock Analysis

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TSE:ACT

Aduro Clean Technologies

(TSX:ACT)

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Neutral 52 (OpenAI - 5.2)
Rating:52Neutral
Price Target:
C$22.00
▲(42.86% Upside)
Action:Reiterated
Date:05/15/26
The score is held back primarily by very weak financial performance (large losses on minimal revenue and significant negative free cash flow), partly offset by a strong balance sheet with very low leverage and supportive technical momentum (price above key moving averages with positive MACD). Valuation provides limited support due to negative earnings and no dividend yield data.
Positive Factors
Balance sheet strength
Very low leverage provides durable financial flexibility: with debt roughly 0.8% of equity the company can fund near-term development and pilot projects without immediate refinancing pressure. This reduces bankruptcy and interest-rate risks while management pursues commercialization.
Negative Factors
Severe cash burn
Sustained negative operating and free cash flow indicate the business consumes material cash relative to its size. Continued burn makes the company dependent on external financing or rapid revenue growth; failure to improve cash generation threatens runway and strategic options.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance sheet strength
Very low leverage provides durable financial flexibility: with debt roughly 0.8% of equity the company can fund near-term development and pilot projects without immediate refinancing pressure. This reduces bankruptcy and interest-rate risks while management pursues commercialization.
Read all positive factors

Aduro Clean Technologies (ACT) vs. iShares MSCI Canada ETF (EWC)

Aduro Clean Technologies Business Overview & Revenue Model

Company Description
Aduro Clean Technologies Inc. engages in developing water-based chemical recycling technologies. The company's platform converts end-of-life plastics and tire rubber to specialty chemicals and fuels; upgrades heavy crude oils; and transforms renew...
How the Company Makes Money
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Aduro Clean Technologies Financial Statement Overview

Summary
Balance sheet strength (minimal leverage at ~0.8% of equity) is a key positive, but operations remain very weak: TTM net loss of about -$18.1M on only ~$0.24M revenue, with ~21% TTM revenue decline and significant cash burn (TTM operating cash flow ~-$10.3M; free cash flow ~-$15.6M), increasing execution and potential dilution risk.
Income Statement
14
Very Negative
Balance Sheet
72
Positive
Cash Flow
18
Very Negative
BreakdownTTMMay 2025Aug 2024Aug 2023Aug 2022Aug 2021
Income Statement
Total Revenue241.88K231.21K337.52K109.63K0.0037.93K
Gross Profit-230.41K231.21K-93.64K-41.68K-60.63K37.88K
EBITDA-17.50M-11.60M-6.99M-5.69M-4.97M-3.09M
Net Income-18.13M-12.15M-7.44M-5.86M-5.08M-3.21M
Balance Sheet
Total Assets48.78M12.83M6.96M7.58M3.22M3.03M
Cash, Cash Equivalents and Short-Term Investments39.42M6.96M2.81M4.05M2.11M2.86M
Total Debt126.64K170.95K138.59K157.98K241.64K668.92K
Total Liabilities8.46M1.04M600.53K613.02K826.75K1.21M
Stockholders Equity40.32M11.79M6.36M6.97M2.39M1.82M
Cash Flow
Free Cash Flow-15.63M-10.42M-6.36M-6.50M-3.71M-1.05M
Operating Cash Flow-10.29M-8.98M-5.21M-4.50M-3.30M-1.03M
Investing Cash Flow-4.93M-1.44M-1.14M-2.01M-411.00K-19.05K
Financing Cash Flow46.29M14.57M5.11M8.44M2.96M3.86M

Aduro Clean Technologies Technical Analysis

Technical Analysis Sentiment
Positive
Last Price15.40
Price Trends
50DMA
20.84
Positive
100DMA
18.07
Positive
200DMA
18.05
Positive
Market Momentum
MACD
0.54
Negative
RSI
56.81
Neutral
STOCH
69.98
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ACT, the sentiment is Positive. The current price of 15.4 is below the 20-day moving average (MA) of 21.60, below the 50-day MA of 20.84, and below the 200-day MA of 18.05, indicating a bullish trend. The MACD of 0.54 indicates Negative momentum. The RSI at 56.81 is Neutral, neither overbought nor oversold. The STOCH value of 69.98 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:ACT.

Aduro Clean Technologies Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
70
Outperform
C$49.74M9.7737.34%22.66%78.65%
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
62
Neutral
C$29.06M17.9313.24%9.19%711.11%
52
Neutral
C$748.75M-37.72-82.91%-6.54%-47.73%
46
Neutral
C$18.92M-5.69399.66%4.99%12.40%
45
Neutral
C$2.47M-2.94388.29%-68.14%-209.09%
44
Neutral
C$35.12M-17.72-4.33%15.41%-23.30%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:ACT
Aduro Clean Technologies
22.61
5.66
33.39%
TSE:BRM
Biorem Inc
3.04
0.70
29.91%
TSE:WATR
Current Water Technologies Inc
0.01
-0.01
-50.00%
TSE:SHRC
Sharc International Systems Inc
0.12
0.05
60.00%
TSE:TMG
Thermal Energy International
0.17
0.00
0.00%
TSE:GRN
Greenlane Renewables Inc
0.23
0.13
136.84%

Aduro Clean Technologies Corporate Events

Business Operations and StrategyFinancial DisclosuresPrivate Placements and Financing
Aduro Advances Pilot Scale-Up and Strengthens Balance Sheet in Q3 2026
Positive
Apr 15, 2026
Aduro Clean Technologies reported third-quarter fiscal 2026 results highlighting progress in scaling and commercializing its Next Generation Process pilot plant, which has moved from commissioning into active operating campaigns to generate contin...
Business Operations and StrategyRegulatory Filings and Compliance
Aduro Taps Ebert HERA for Permitting of First Industrial HCT Plant at Chemelot
Positive
Apr 9, 2026
Aduro Clean Technologies has awarded Ebert HERA B.V. a contract to lead the permitting process for its first-of-a-kind industrial facility at the Chemelot Industrial Park in the Netherlands, which will host the first industrial-scale installation ...
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.Date of analysis: May 15, 2026