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CHAR Technologies
(YES)
CHAR Technologies (YES) vs. iShares MSCI Canada ETF (EWC)
CHAR Technologies Business Overview & Revenue Model
CHAR Technologies Financial Statement Overview
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 2.20M | 3.16M | 2.00M | 1.46M | 1.38M |
| Gross Profit | -468.19K | 631.58K | 640.17K | 642.01K | 709.26K |
| EBITDA | 467.37K | -6.08M | -6.52M | -5.10M | -2.42M |
| Net Income | -1.28M | -8.33M | -8.43M | -6.90M | -3.26M |
Balance Sheet | |||||
| Total Assets | 8.89M | 15.35M | 18.87M | 9.95M | 10.32M |
| Cash, Cash Equivalents and Short-Term Investments | 453.69K | 948.69K | 6.09M | 460.48K | 3.00M |
| Total Debt | 1.21M | 5.04M | 3.81M | 886.90K | 308.57K |
| Total Liabilities | 3.65M | 14.88M | 11.93M | 5.25M | 4.78M |
| Stockholders Equity | 4.90M | 471.69K | 6.93M | 4.70M | 5.54M |
Cash Flow | |||||
| Free Cash Flow | -6.70M | -7.44M | -9.45M | -7.82M | -3.75M |
| Operating Cash Flow | -5.63M | -3.99M | -4.86M | -5.03M | -2.21M |
| Investing Cash Flow | -796.44K | 548.43K | -8.60M | -2.79M | -1.55M |
| Financing Cash Flow | 5.93M | 2.30M | 15.09M | 5.28M | 6.63M |
CHAR Technologies Technical Analysis
CHAR Technologies Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
54 Neutral | C$368.99M | 51.19 | ― | ― | 28.43% | 80.34% | |
49 Neutral | C$33.42M | -10.14 | -419.23% | ― | -27.40% | 23.40% | |
41 Neutral | C$40.82M | -5.91 | -1787.47% | ― | 135.68% | 68.99% | |
41 Neutral | C$31.43M | -3.11 | ― | ― | 12.06% | -52.13% | |
39 Underperform | C$11.50M | -27.19 | -352.14% | ― | ― | -72.78% |
CHAR Technologies Corporate Events
CHAR Technologies plans to raise up to C$2 million through a non-brokered private placement of 8,511,000 units priced at C$0.235, each consisting of one common share and half a warrant exercisable at C$0.35 for 24 months. The BMI Group, via its joint venture BMI Industrial, will take half the offering and is expected to become an insider with more than 10% ownership, while the remaining units will be sold under Canadian and international prospectus exemptions with standard hold periods for Canadian buyers.
The company intends to use the proceeds for general working capital, ongoing project development and emerging strategic initiatives, supporting the advancement of its project pipeline in sustainable energy. The financing, which may involve finder’s fees, is scheduled to close around February 27, 2026, subject to regulatory and stock exchange approvals, underscoring CHAR’s efforts to strengthen its capital base and strategic positioning in the low-carbon energy market.
The most recent analyst rating on (TSE:YES) stock is a Sell with a C$0.24 price target. To see the full list of analyst forecasts on CHAR Technologies stock, see the TSE:YES Stock Forecast page.
CHAR Technologies has signed a technology know-how licensing agreement with France-based GazoTech SAS to deploy its high-temperature pyrolysis technology in France and selected European markets, marking a strategic move beyond its North American project base anchored by the Thorold Renewable Energy Facility. Under the deal, CHAR will provide paid process design, technology transfer and engineering support while GazoTech supplies equipment and advances multiple French projects, including an industrial waste-biomass-to-syngas and biocarbon integration and the Bio-Méthane Provence project, with CHAR earning licence fees and production-based royalties and retaining the option to take equity stakes—positioning the company for capital-light international expansion and reinforcing its role in Europe’s shift toward low-carbon industrial energy and metallurgical coal replacement.
The most recent analyst rating on (TSE:YES) stock is a Sell with a C$0.24 price target. To see the full list of analyst forecasts on CHAR Technologies stock, see the TSE:YES Stock Forecast page.
CHAR Technologies will host a live investor update call on February 18, 2026, where management plans to detail recent milestones, operational progress and strategic priorities across its renewable energy, biocarbon and PFAS destruction platforms. The company also approved grants of 1,618,042 stock options and 1,336,636 restricted stock units to employees, consultants, directors and officers, a move that aligns incentives with long-term performance and underscores CHAR’s efforts to retain and motivate key personnel as it scales its cleantech operations.
The most recent analyst rating on (TSE:YES) stock is a Sell with a C$0.24 price target. To see the full list of analyst forecasts on CHAR Technologies stock, see the TSE:YES Stock Forecast page.
CHAR Technologies has begun commissioning its Thorold Renewable Energy Facility in Ontario, its first commercial-scale plant for producing renewable energy and biocarbon. The staged start-up starts with feedstock receiving and handling ahead of bringing the high-temperature pyrolysis kiln online, with the company targeting a Phase 1 biocarbon production run-rate of 5,000 tonnes per year by the end of the first quarter of 2026. As systems are sequentially tested and integrated, CHAR expects production volumes to ramp up, establishing operating performance, throughput and product quality. Following completion of Phase 1, the company plans a Phase 2 expansion to install a second kiln, double biocarbon capacity, add methanation equipment to upgrade syngas into renewable natural gas, and build an on-site pipeline injection point, deepening its role in low-carbon fuel and industrial decarbonization markets. The Thorold facility is held in a limited partnership with the BMI Group, in which CHAR holds a 50% stake, positioning the company to generate recurring revenues from both biocarbon and future RNG output.
The most recent analyst rating on (TSE:YES) stock is a Buy with a C$0.55 price target. To see the full list of analyst forecasts on CHAR Technologies stock, see the TSE:YES Stock Forecast page.
CHAR Technologies reported fiscal 2025 results marked by a sharp improvement in its balance sheet and progress in commercializing its clean energy technologies, driven by the transition of its Thorold biocarbon project into a limited partnership. While annual revenue declined to $2.2 million, gross profit increased and a gain of more than $4 million from contributing assets to a joint venture helped narrow the company’s pre-tax loss, alongside a near $11 million reduction in liabilities and a significant increase in shareholders’ equity. Operationally, CHAR commenced commercial biocarbon production at Thorold, advanced its Espanola biocarbon project with a reaffirmed $10 million funding commitment from BMI Group, and completed a six-month demonstration in Baltimore of a high-temperature pyrolysis system for PFAS destruction and syngas generation, positioning the company at the forefront of emerging waste-to-energy and biosolids treatment markets. Subsequent to year-end, CHAR raised $1 million in a private placement to support working capital and its project pipeline and listed its shares on the Frankfurt Stock Exchange to broaden its investor base and improve visibility among European institutional and retail investors, reinforcing its growth strategy and international expansion ambitions.
The most recent analyst rating on (TSE:YES) stock is a Buy with a C$0.55 price target. To see the full list of analyst forecasts on CHAR Technologies stock, see the TSE:YES Stock Forecast page.
CHAR Technologies has secured a C$10 million commitment from The BMI Group to advance engineering and design work on the Espanola biocarbon project in Northern Ontario, a planned facility capable of producing up to 50,000 tonnes of low-carbon biocarbon annually—five times the capacity of the partners’ existing Thorold Renewable Energy Facility. Located at BMI’s newly acquired Bioveld North site, the project aims to convert local wood waste and forestry residuals into biocarbon and synthetic gas, leveraging legacy pulp-and-paper infrastructure to accelerate redevelopment, create long-term industrial employment, support sustainable forestry supply chains, and position the site as a clean-energy anchor in one of Canada’s key forestry regions.
The most recent analyst rating on (TSE:YES) stock is a Buy with a C$0.55 price target. To see the full list of analyst forecasts on CHAR Technologies stock, see the TSE:YES Stock Forecast page.
CHAR Technologies has capped 2025 by advancing multiple commercial-scale clean energy projects and securing a listing on the Frankfurt Stock Exchange under ticker 68K, widening its access to European retail and institutional investors and enhancing trading visibility as it courts opportunities on the continent. Operationally, the company is set to begin commissioning its Thorold Renewable Energy Facility in January 2026 with initial biocarbon output of 5,000 tonnes per year, while progressing a second phase focused on renewable natural gas, reviewing data from its PFAS destruction demonstration in Baltimore to support future commercial deployments, and targeting a 2026 construction start at its Lake Nipigon project, where biomass is already being stockpiled. CHAR also deepened its strategic partnership with The BMI Group, which completed a $2 million equity investment and approximately $8 million toward Thorold, and the partners are now expanding collaboration to an Espanola clean-energy initiative, underscoring CHAR’s transition from development to commercial operations and its positioning as an emerging player in decarbonization and waste-to-energy infrastructure.
The most recent analyst rating on (TSE:YES) stock is a Buy with a C$0.55 price target. To see the full list of analyst forecasts on CHAR Technologies stock, see the TSE:YES Stock Forecast page.
CHAR Technologies reported construction progress at its Thorold Renewable Energy Facility in Ontario, with recent delivery and ongoing installation of key systems including the kiln’s thermal management unit, biochar cooling conveyors, a cooling system, dust collection equipment and a specialty air-lock conveyor as the project moves toward its first phase of commercial biocarbon production. In tandem, the company has hired Germany-focused Apaton Finance GmbH for a 10-week, EUR 46,000 investor relations mandate to boost market awareness through multilingual digital content and distribution, aiming to broaden its European investor base and enhance visibility as it builds out its low-carbon energy infrastructure.
The most recent analyst rating on (TSE:YES) stock is a Buy with a C$0.55 price target. To see the full list of analyst forecasts on CHAR Technologies stock, see the TSE:YES Stock Forecast page.
CHAR Technologies has announced a repricing of its previously announced private placement, now offering up to 4,550,000 units at $CDN 0.22 per unit, aiming to raise approximately $CDN 1 million. The decision follows a positive market response to a recent government grant. The offering remains fully subscribed with institutional investors, and the proceeds will support the company’s project pipeline and capital advisory services, enhancing its position in the sustainable energy sector.
The most recent analyst rating on (TSE:YES) stock is a Buy with a C$0.55 price target. To see the full list of analyst forecasts on CHAR Technologies stock, see the TSE:YES Stock Forecast page.
CHAR Technologies Ltd. has successfully closed the order book on its non-brokered private placement, raising $1 million CAD through the sale of 5,000,000 units. The proceeds will be used for general working capital, ongoing project development, and investor relations services. This move is expected to support the company’s project pipeline and strengthen its position in the sustainable energy sector.
The most recent analyst rating on (TSE:YES) stock is a Buy with a C$0.55 price target. To see the full list of analyst forecasts on CHAR Technologies stock, see the TSE:YES Stock Forecast page.
CHAR Technologies Ltd. announced a non-brokered private placement of up to 5,000,000 units at CDN$0.20 per unit, aiming to raise CDN$1,000,000. The proceeds will support general working capital, project development, and investor relations services, enhancing CHAR’s project pipeline and market positioning in sustainable energy solutions.
The most recent analyst rating on (TSE:YES) stock is a Buy with a C$0.55 price target. To see the full list of analyst forecasts on CHAR Technologies stock, see the TSE:YES Stock Forecast page.
CHAR Technologies Ltd. has been awarded a $2.25 million grant from the Ontario government to support the commercialization of biocarbon pellets at its Thorold Renewable Energy Facility. This funding will enhance the production capabilities of biocarbon pellets, which serve as a renewable alternative to fossil carbon in steelmaking and other industrial applications. The investment not only strengthens the market for forest biomass and supports local jobs but also positions CHAR Tech to expand its market reach to European countries, aligning with the increasing demand for low-carbon industrial fuels.
The most recent analyst rating on (TSE:YES) stock is a Buy with a C$0.55 price target. To see the full list of analyst forecasts on CHAR Technologies stock, see the TSE:YES Stock Forecast page.
CHAR Technologies Ltd. has announced the commencement of kiln installation at its Thorold Renewable Energy Facility, marking a significant milestone in the construction of Phase 1. This phase aims to convert 35,000 tonnes of wood waste annually into over 5,000 tonnes of biocarbon, primarily for use by ArcelorMittal Dofasco under an existing agreement. The project is on schedule for commercial biocarbon production by January 2026. Following Phase 1, CHAR plans to double production capacity and enhance its facility with additional equipment to produce Renewable Natural Gas, with full-scale operations expected in 2026.
The most recent analyst rating on (TSE:YES) stock is a Buy with a C$0.55 price target. To see the full list of analyst forecasts on CHAR Technologies stock, see the TSE:YES Stock Forecast page.