CVW CleanTech Inc (CVW) AI Stock Analysis

• Market Cap: C$118.96M
• Dividend Yield: N/A
• Average Volume (3M): 60.15K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.07
• Revenue Growth: 309.75%
• EPS Growth: -13.83%
• Country: CA
• Employees: 5
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): -0.01
• Shares Outstanding: 145,964,660
• 10 Day Avg. Volume: 35,575
• 30 Day Avg. Volume: 60,152
• PEG Ratio: 17.51
• Price to Book (P/B): 5.84
• Price to Sales (P/S): 260.01
• P/FCF Ratio: -36.72
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 47 Neutral
• Price Target: C$0.81 ▼(-1.46% Downside)

The score is held down primarily by weak operating performance and persistent cash burn, despite a relatively strong low-debt balance sheet. Technical indicators also lean bearish, while the latest corporate update provides some positive project/partner momentum but does not offset ongoing losses.

Positive Factors

Strong Equity Base

A strong equity base provides financial stability and resilience, allowing the company to withstand operational challenges and invest in growth opportunities.

Royalty Strategy

The royalty strategy provides a new revenue stream and diversifies income sources, potentially enhancing financial stability and supporting long-term growth.

Robust Royalty Pipeline

A strong pipeline of royalty opportunities indicates potential for significant future revenue, supporting long-term business growth and sustainability.

Negative Factors

Zero Revenue

The absence of revenue generation poses a significant risk to financial health, limiting the company's ability to cover operational costs and invest in growth.

Negative Cash Flow

Negative cash flow indicates reliance on external financing, which can strain financial resources and limit the company's ability to sustain operations long-term.

High Operational Losses

Continuous operational losses highlight inefficiencies and financial strain, challenging the company's ability to achieve profitability and sustain operations.

CVW CleanTech Inc Business Overview & Revenue Model

Company Description

CVW CleanTech Inc. develops technologies for the recovery of heavy minerals and bitumen in Canada. Its Value from Waste technology is used to recover bitumen, solvents, minerals, and water from oil sands waste tailings. The company has interests in oil sands mining projects. The company was formerly known as Titanium Corporation Inc. and changed its name to CVW CleanTech Inc. in March 2022. CVW CleanTech Inc. is headquartered in Calgary, Canada.

How the Company Makes Money

CVW CleanTech Inc generates revenue primarily through the sale of recovered minerals and bitumen extracted from oil sands tailings using its proprietary technology. The company may form strategic partnerships with oil sands operators to implement its recovery processes directly at mining sites, providing a share of the recovered materials as compensation. This business model not only contributes to environmental sustainability but also creates a recurring revenue stream based on the volume of materials recovered and sold. CVW CleanTech's earnings are influenced by factors such as the market prices of minerals and bitumen, as well as the efficiency and adoption rate of its recovery technology among oil sands producers.

CVW CleanTech Inc Financial Statement Overview

Summary

Financials are mixed: the balance sheet is a strength with minimal leverage and sizable equity, but operating performance is weak with declining TTM revenue, deeply negative EBIT/EBITDA, and very large net losses. Cash flow is also a key concern, with negative operating cash flow and negative free cash flow (about -$3.2M TTM) indicating ongoing and accelerating cash burn.

Income Statement

TTM (Trailing-Twelve-Months) revenue declined versus the latest annual period (about $0.29M vs. $0.44M), and profitability remains weak with a very large net loss relative to sales (net margin around -14.6% TTM vs. about -8.8% in 2024). Gross margin is exceptionally high (~96–98%), but operating costs overwhelm the gross profit, keeping EBIT/EBITDA deeply negative and suggesting the business model has not yet scaled to cover fixed expenses.

Balance Sheet

The balance sheet is a relative strength: debt is minimal (debt-to-equity near zero across periods) and equity remains sizable (~$18.3M TTM). That said, persistent losses are eroding shareholder returns (return on equity is negative, around -22% TTM), which is a key risk if losses continue for an extended period.

Cash Flow

Cash generation is weak with negative operating cash flow and negative free cash flow in both TTM (about -$3.2M) and 2024 (about -$3.1M). Free cash flow deterioration is notable TTM (large negative growth), indicating cash burn is accelerating. While free cash flow tracks net income closely (roughly 1x), it is because both are meaningfully negative, reinforcing that the company is not yet self-funding.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	285.76K	435.42K	0.00	0.00	0.00	0.00
Gross Profit	275.57K	426.11K	-4.93K	0.00	-5.45K	-2.05K
EBITDA	-4.17M	-3.83M	-3.69M	-4.40M	-2.32M	-3.42M
Net Income	-4.18M	-3.85M	-3.70M	-13.31M	-2.27M	-3.35M
Balance Sheet
Total Assets	18.73M	19.79M	6.29M	7.07M	616.83K	2.71M
Cash, Cash Equivalents and Short-Term Investments	3.14M	5.20M	6.00M	6.96M	407.78K	2.66M
Total Debt	2.88K	4.33K	5.54K	0.00	0.00	0.00
Total Liabilities	466.87K	403.13K	679.26K	326.86K	1.50M	1.37M
Stockholders Equity	18.27M	19.39M	5.61M	6.74M	-881.68K	1.33M
Cash Flow
Free Cash Flow	-3.21M	-3.08M	-1.96M	-3.37M	-2.24M	-2.41M
Operating Cash Flow	-3.20M	-3.08M	-1.95M	-3.36M	-2.24M	-2.41M
Investing Cash Flow	-4.92K	-14.01M	-8.56K	-6.63K	41.40K	2.01M
Financing Cash Flow	150.01K	16.28M	1.00M	9.92M	-44.98K	0.00

CVW CleanTech Inc Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.82
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:CVW, the sentiment is Negative. The current price of 0.82 is above the 20-day moving average (MA) of 0.81, below the 50-day MA of 0.84, and below the 200-day MA of 0.94, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 47.46 is Neutral, neither overbought nor oversold. The STOCH value of 79.37 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:CVW.

CVW CleanTech Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
PGE	52 Neutral	C$147.57M	-13.86	-120.57%	―	―	-89.71%
CCCM	48 Neutral	C$134.84M	-39.02	-4.33%	―	―	10.13%
CVW	47 Neutral	C$118.96M	-28.13	-32.57%	―	309.75%	-13.83%
PML	46 Neutral	C$124.16M	-56.63	-4.35%	―	―	-45.61%
AMY	45 Neutral	C$36.26M	-40.91	-2.06%	―	―	93.75%
ELBM	44 Neutral	C$120.60M	-0.69	-49.48%	―	―	62.30%

CVW CleanTech Inc Corporate Events

CVW Sustainable Royalties Reports Q3 2025 Results and Advances Clean Tech Initiatives

CVW Sustainable Royalties Inc. reported its third-quarter 2025 financial results, highlighting a strategic deployment of capital to enhance its royalty business and technology advancement. Despite a net loss of $1.0 million for the quarter, the company remains focused on expanding its clean technology royalty opportunities, with several projects in advanced stages of review. The company’s partner, Northstar Clean Technologies, achieved a significant milestone in processing waste asphalt shingles and secured substantial financing to support its commercial operations, indicating positive momentum in the clean technology sector.