Top Page
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 | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 605.12K | 640.57K | 206.44K | 0.00 | 0.00 | 0.00 |
| Gross Profit | -559.22K | -1.22M | -913.84K | -1.08M | -461.97K | -323.62K |
| EBITDA | -8.57M | -5.49M | -5.18M | -7.14M | -6.45M | -6.10M |
| Net Income | -13.20M | -9.33M | -6.67M | -8.20M | -7.21M | -6.60M |
Balance Sheet | ||||||
| Total Assets | 46.83M | 45.73M | 17.88M | 6.83M | 12.37M | 4.86M |
| Cash, Cash Equivalents and Short-Term Investments | 1.97M | 10.23M | 7.71M | 1.18M | 6.01M | 2.03M |
| Total Debt | 47.52M | 39.19M | 7.34M | 2.76M | 2.34M | 2.16M |
| Total Liabilities | 53.06M | 47.06M | 12.44M | 4.04M | 3.10M | 2.50M |
| Stockholders Equity | -6.23M | -1.33M | 5.44M | 2.78M | 9.27M | 2.36M |
Cash Flow | ||||||
| Free Cash Flow | -24.65M | -24.39M | -6.38M | -6.43M | -4.86M | -553.00K |
| Operating Cash Flow | -7.83M | -5.13M | -4.68M | -5.69M | -4.09M | -117.49K |
| Investing Cash Flow | -15.28M | -18.93M | -1.59M | -647.89K | -1.14M | 1.54M |
| Financing Cash Flow | 9.49M | 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 | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
54 Neutral | C$367.27M | -16.05 | ― | ― | 28.43% | 80.34% | |
42 Neutral | C$36.76M | -15.19 | -419.23% | ― | -27.40% | 23.40% | |
41 Neutral | C$38.56M | -15.89 | -1787.47% | ― | 135.68% | 68.99% | |
41 Neutral | C$11.50M | -0.22 | -352.14% | ― | ― | -72.78% | |
41 Neutral | C$33.71M | -2.23 | ― | ― | 12.06% | -52.13% |
Northstar Clean Technologies Corporate Events
Northstar Clean Technologies has raised $1 million through a second closing of unsecured debentures, issued in 200 units of $5,000 each and carrying a 9% coupon with attached non-transferable warrants exercisable at $0.35 over 36 months. The financing, subscribed entirely by existing arm’s-length investors and largely arranged through Leede Financial for a $45,000 cash commission, will support the ramp-up of operations at the company’s Empower Environmental Solutions facility in Calgary and general corporate purposes, underscoring Northstar’s efforts to advance its commercial rollout while managing shareholder dilution; the securities are subject to a standard hold period and remain contingent on final TSX Venture Exchange acceptance.
The most recent analyst rating on (TSE:ROOF) stock is a Hold with a C$0.21 price target. To see the full list of analyst forecasts on Northstar Clean Technologies stock, see the TSE:ROOF Stock Forecast page.
Northstar Clean Technologies has selected Baltimore, Maryland, as the site of its first U.S. commercial facility, agreeing to a non-binding lease for a 54,000-square-foot building with additional outside storage and a 10-year term plus renewal options, with lease commencement planned for mid-2026 and operations targeted for the second half of 2027. The Baltimore location is intended to optimize project economics, streamline construction by using an existing building, and support Northstar’s supply agreement with TAMKO’s nearby Frederick, Maryland, shingle plant, while the company advances permitting and continues to strengthen its balance sheet by issuing shares in lieu of cash interest on several convertible debenture tranches, converting nearly $2.5 million of such debt into equity and signaling ongoing support from its capital providers.
The most recent analyst rating on (TSE:ROOF) stock is a Sell with a C$0.21 price target. To see the full list of analyst forecasts on Northstar Clean Technologies stock, see the TSE:ROOF Stock Forecast page.
Northstar Clean Technologies has completed its first sale of liquid asphalt to McAsphalt Industries, a subsidiary of Colas Canada, marking the inaugural revenue-generating transaction from its newly built Empower Calgary Facility. The shipment, produced from recycled asphalt shingles, is described by both companies as a key commercial and operational milestone that advances Northstar’s move toward profitable operations and validates the role of McAsphalt as a strategic offtake partner. With operations ramping up at the Calgary plant, Northstar expects to begin regular, ongoing commercial sales to McAsphalt under an offtake agreement starting in January 2026, a development that could strengthen its position in the emerging market for sustainable asphalt materials and support broader adoption of circular-economy practices in the roofing and paving sectors.
The most recent analyst rating on (TSE:ROOF) stock is a Hold with a C$0.24 price target. To see the full list of analyst forecasts on Northstar Clean Technologies stock, see the TSE:ROOF Stock Forecast page.
Northstar Clean Technologies has announced initiatives to enhance its working capital reserves, securing $1.74 million in total. This includes a $1 million non-brokered unit financing and a $735,000 payment from Emission Reduction Alberta, which will support operations at the Empower Environmental Solutions Calgary Facility. These funds are intended to help Northstar reach operational break-even at the facility, focusing on sustainable growth and minimizing dilution through non-dilutive financing strategies.
The most recent analyst rating on (TSE:ROOF) stock is a Hold with a C$0.28 price target. To see the full list of analyst forecasts on Northstar Clean Technologies stock, see the TSE:ROOF Stock Forecast page.
Northstar Clean Technologies reported its third-quarter 2025 financial results, highlighting significant operational achievements, including the production of liquid asphalt and solid asphalt pellets from recycled shingles. These advancements demonstrate the robustness of Northstar’s technology and open new market opportunities. The company also raised $3.6 million through a private placement to support its commercial expansion and secured a new patent for limestone recovery, adding a new revenue stream and strengthening its intellectual property portfolio.
The most recent analyst rating on (TSE:ROOF) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Northstar Clean Technologies stock, see the TSE:ROOF Stock Forecast page.
Northstar Clean Technologies has secured a five-year contract with the City of Calgary to reprocess waste asphalt shingles, marking a significant step in advancing the city’s waste diversion goals. The contract, alongside existing agreements, ensures sufficient feedstock for Northstar’s newly opened Empower Calgary Facility, a pioneering commercial-scale operation in North America that transforms landfill waste into valuable materials, showcasing a successful circular economy model.
The most recent analyst rating on (TSE:ROOF) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Northstar Clean Technologies stock, see the TSE:ROOF Stock Forecast page.