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Northstar Clean Technologies
(ROOF)
Northstar Clean Technologies (ROOF) vs. iShares MSCI Canada ETF (EWC)
Northstar Clean Technologies Business Overview & Revenue Model
Northstar Clean Technologies Earnings Call Summary
Northstar Clean Technologies Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 640.57K | 206.44K | 0.00 | 0.00 | 0.00 |
| Gross Profit | -1.22M | -913.84K | -1.08M | -461.97K | -323.62K |
| EBITDA | -5.49M | -5.18M | -7.14M | -6.45M | -6.10M |
| Net Income | -9.33M | -6.67M | -8.20M | -7.21M | -6.60M |
Balance Sheet | |||||
| Total Assets | 45.73M | 17.88M | 6.83M | 12.37M | 4.86M |
| Cash, Cash Equivalents and Short-Term Investments | 10.23M | 7.71M | 1.18M | 6.01M | 2.03M |
| Total Debt | 39.19M | 7.34M | 2.76M | 2.34M | 2.16M |
| Total Liabilities | 47.06M | 12.44M | 4.04M | 3.10M | 2.50M |
| Stockholders Equity | -1.33M | 5.44M | 2.78M | 9.27M | 2.36M |
Cash Flow | |||||
| Free Cash Flow | -24.39M | -6.38M | -6.43M | -4.86M | -553.00K |
| Operating Cash Flow | -5.13M | -4.68M | -5.69M | -4.09M | -117.49K |
| Investing Cash Flow | -18.93M | -1.59M | -647.89K | -1.14M | 1.54M |
| Financing Cash Flow | 26.42M | 12.72M | 1.50M | 9.21M | 555.25K |
Northstar Clean Technologies Technical Analysis
Northstar Clean Technologies Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.08B | 5.96 | 1.53% | 3.00% | 3.04% | -41.02% | |
51 Neutral | C$47.63M | ― | -2752.20% | ― | 153.17% | 43.51% | |
50 Neutral | C$50.92M | 1,957.14 | 0.16% | ― | 49.38% | -93.75% | |
46 Neutral | C$48.02M | ― | -2757.94% | ― | 191.62% | -57.36% | |
22 Underperform | C$8.69M | ― | 55.19% | ― | ― | 57.84% | |
| ― | C$70.65M | 9.95 | 38.06% | ― | ― | ― | |
42 Neutral | C$29.02M | ― | -321.92% | ― | 25.24% | 34.24% |
Northstar Clean Technologies Corporate Events
Northstar Clean Technologies Inc. announced the approval of all matters presented at its 2025 annual general and special meeting, including the re-election of directors, reappointment of auditors, and approval of its 2025 Equity Incentive Plan, pending final approval from the TSX Venture Exchange. This development supports Northstar’s strategic goals as it continues to position itself as a leader in the sustainable processing of asphalt shingles, with plans to scale up its operations in Calgary, Alberta, and address stakeholder objectives in North America.
Northstar Clean Technologies has successfully closed a $3.6 million private placement to support its transition to commercial operations and future facility development. This funding will aid in achieving production targets at its Calgary facility and support business development in Hamilton and the first US site, highlighting strong shareholder support and strategic expansion plans.
Northstar Clean Technologies has successfully produced its first liquid asphalt at its new Calgary facility, marking a significant milestone in the commissioning of its asphalt shingle reprocessing plant. This achievement demonstrates the effectiveness of Northstar’s technology and positions the company to increase production levels, meeting and potentially exceeding the Emission Reduction Alberta Commissioning Milestone 3. The high-quality asphalt produced is expected to meet commercial agreements, enhancing Northstar’s market positioning and stakeholder value.
Northstar Clean Technologies has received a non-binding Letter of Interest from Export Development Canada for potential funding to support the establishment of up to four asphalt shingle reprocessing facilities in the United States. This potential funding aligns with Northstar’s growth strategy in the U.S. market, aiming to reduce project costs and enhance shareholder returns, while advancing site selection and securing supply agreements.
Northstar Clean Technologies reported significant progress in the first quarter of 2025, including the completion of construction and commissioning efforts at the Empower Calgary Facility. The company is expanding its operations with new facilities in Hamilton and Delta, and is exploring a U.S. site. Financially, Northstar secured funding from Emissions Reduction Alberta and other sources, despite reporting a comprehensive loss for the quarter. These developments position Northstar for growth in the clean technology sector, with implications for increased operational capacity and market presence.
Northstar Clean Technologies has completed the final draw of $617,698 from its $8.75 million project loan facility with the Business Development Bank. The funds will support the commissioning of the Empower Environmental Solutions Calgary facility, which is expected to begin operations mid-2025. This move strengthens Northstar’s financial position and supports its mission to become a leader in sustainable asphalt shingle reprocessing, potentially impacting stakeholders by advancing its circular economy goals and reducing landfill waste.
Northstar Clean Technologies has completed the second milestone of its Emission Reduction Alberta (ERA) project, securing a $3.9 million payment. This funding reimburses construction costs for the Empower Calgary Facility, which is now fully funded and ready for expansion in Canada and the U.S. The facility aims to reprocess waste asphalt shingles, reducing landfill waste and providing sustainable solutions for the construction industry.