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CHAR Technologies Inc (TSE:YES)
:YES
Canadian Market

CHAR Technologies (YES) AI Stock Analysis

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TSE:YES

CHAR Technologies

(YES)

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Neutral 48 (OpenAI - 4o)
Rating:48Neutral
Price Target:
C$0.00
▼(-100.00% Downside)
The overall stock score is primarily impacted by the company's weak financial performance and unattractive valuation. While technical indicators show some short-term strength, the financial challenges and lack of earnings call data weigh heavily on the score.
Positive Factors
Innovative Technology
The company's focus on innovative carbon capture and conversion technologies positions it well in the growing cleantech industry, potentially driving long-term revenue growth and market leadership.
Revenue Streams
Diverse revenue streams from biochar, waste-to-energy projects, and consulting services provide a stable foundation for long-term growth, reducing reliance on a single income source.
Free Cash Flow Improvement
Improvement in free cash flow indicates better cash generation ability, enhancing financial flexibility and supporting future investments and operations.
Negative Factors
Declining Revenue
Significant revenue decline poses a challenge to sustainable growth, potentially impacting the company's ability to invest in new projects and technologies.
High Leverage
High leverage increases financial risk, limiting the company's ability to raise additional capital and potentially impacting long-term financial stability.
Negative Profit Margins
Deeply negative profit margins indicate ongoing operational challenges, affecting the company's ability to achieve profitability and sustain long-term growth.

CHAR Technologies (YES) vs. iShares MSCI Canada ETF (EWC)

CHAR Technologies Business Overview & Revenue Model

Company DescriptionCHAR Technologies Ltd., a cleantech development and services company, engages in the conversion of organic waste into clean energy and biocarbon products. It offers SulfaCHAR, an activated biochar designed and developed to capture noxious hydrogen sulfide; Cleanfyre, a form of bio coal that allows large industrial users to switch from heavy greenhouse gas (GHG) emission fossil coal to GHG-neutral bio coal; and equipment for industrial water treatment. The company also provides environmental compliance and management, site investigation and remediation, engineering, and resource efficiency services. It serves food and beverage, industrial, and renewable gas project customers. CHAR Technologies Ltd. was founded in 2011 and is headquartered in Toronto, Canada.
How the Company Makes MoneyCHAR Technologies generates revenue primarily through the sale of its innovative carbon capture and conversion technologies, including the production of biochar and renewable energy from biomass. The company also earns income from consulting services related to its technologies and projects. Key revenue streams include direct sales of biochar to agricultural industries, partnerships with municipalities and waste management companies for waste-to-energy projects, and grants or funding from governmental and environmental organizations that support clean technology initiatives. Collaboration with industry partners and expansion into new markets further contribute to its earnings.

CHAR Technologies Financial Statement Overview

Summary
The company faces significant financial challenges, including declining revenues, high leverage, and ongoing losses. Despite a positive gross profit margin and improvements in free cash flow, the overall financial health is concerning.
Income Statement
The income statement reveals significant challenges, with declining revenue and negative profit margins. The TTM data shows a revenue decrease of 24.2%, and the net profit margin is deeply negative at -231.1%. The gross profit margin has also decreased over time, indicating pressure on profitability. Despite these challenges, the company has managed to maintain a positive gross profit margin, which is a slight positive.
Balance Sheet
The balance sheet indicates high leverage with a debt-to-equity ratio of 8.46 in the TTM period, suggesting significant financial risk. The return on equity is negative, reflecting ongoing losses. However, the company has managed to maintain a positive equity position, which is a stabilizing factor.
Cash Flow
Cash flow analysis shows some improvement, with a 25.7% growth in free cash flow in the TTM period. However, operating cash flow remains negative, and the operating cash flow to net income ratio is unfavorable. The free cash flow to net income ratio is slightly positive, indicating some ability to cover net losses with free cash flow.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue2.27M3.16M2.00M1.46M1.38M1.76M
Gross Profit580.62K631.58K640.17K642.01K709.26K909.42K
EBITDA-4.64M-6.08M-6.52M-5.10M-2.42M-137.21K
Net Income-7.62M-8.33M-8.43M-6.90M-3.26M-703.80K
Balance Sheet
Total Assets14.78M15.35M18.87M9.95M10.32M3.41M
Cash, Cash Equivalents and Short-Term Investments964.86K948.69K6.09M460.48K3.00M129.13K
Total Debt5.17M5.04M3.81M886.90K308.57K301.51K
Total Liabilities13.98M14.88M11.93M5.25M4.78M2.10M
Stockholders Equity799.52K471.69K6.93M4.70M5.54M1.31M
Cash Flow
Free Cash Flow-7.60M-7.44M-9.45M-7.82M-3.75M-394.31K
Operating Cash Flow-6.30M-3.99M-4.86M-5.03M-2.21M-368.10K
Investing Cash Flow-1.02M548.43K-8.60M-2.79M-1.55M-26.21K
Financing Cash Flow7.00M2.30M15.09M5.28M6.63M298.04K

CHAR Technologies Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price0.32
Price Trends
50DMA
0.25
Positive
100DMA
0.23
Positive
200DMA
0.23
Positive
Market Momentum
MACD
0.02
Positive
RSI
52.20
Neutral
STOCH
59.34
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:YES, the sentiment is Neutral. The current price of 0.32 is above the 20-day moving average (MA) of 0.31, above the 50-day MA of 0.25, and above the 200-day MA of 0.23, indicating a neutral trend. The MACD of 0.02 indicates Positive momentum. The RSI at 52.20 is Neutral, neither overbought nor oversold. The STOCH value of 59.34 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:YES.

CHAR Technologies Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
54
Neutral
C$404.39M-18.7528.43%80.34%
48
Neutral
C$42.56M-4.10-419.23%-27.40%23.40%
44
Neutral
C$14.78M-0.28-352.14%-72.78%
41
Neutral
C$45.36M-16.82-1787.47%135.68%68.99%
41
Neutral
C$34.17M-2.2312.06%-52.13%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:YES
CHAR Technologies
0.30
0.12
73.53%
TSE:ECM
Ecolomondo Corporation
0.18
0.04
33.33%
TSE:CMC
Cielo Waste Solutions
0.09
-0.01
-10.00%
TSE:VTX
Vertex Resource Group Ltd.
0.18
-0.06
-25.00%
TSE:ROOF
Northstar Clean Technologies
0.22
-0.16
-42.67%
TSE:ANRG
Anaergia
2.50
1.20
92.31%

CHAR Technologies Corporate Events

Business Operations and StrategyDelistings and Listing ChangesPrivate Placements and Financing
CHAR Technologies Advances First Commercial Projects and Secures Frankfurt Listing as It Enters 2026
Positive
Dec 31, 2025

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.

Business Operations and Strategy
CHAR Technologies Advances Thorold Biocarbon Plant and Hires European IR Firm
Positive
Dec 24, 2025

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.

Private Placements and Financing
CHAR Technologies Reprices Fully Subscribed Private Placement
Positive
Dec 16, 2025

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.

Private Placements and Financing
CHAR Technologies Closes Fully Subscribed $1 Million Private Placement
Positive
Dec 12, 2025

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.

Private Placements and Financing
CHAR Technologies Announces C$1M Private Placement to Boost Sustainable Energy Projects
Positive
Dec 11, 2025

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.

Business Operations and StrategyPrivate Placements and Financing
CHAR Technologies Secures $2.25 Million Grant to Boost Biocarbon Pellet Production
Positive
Dec 10, 2025

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.

Business Operations and StrategyProduct-Related Announcements
CHAR Technologies Advances Thorold Facility with Kiln Installation
Positive
Dec 4, 2025

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.

Business Operations and Strategy
CHAR Technologies Joins CISERA to Advance Low-Carbon Steelmaking
Positive
Oct 29, 2025

CHAR Technologies Ltd. has been invited to join the Canadian Iron & Steel Energy Research Association (CISERA) for the 2025–2026 term, marking the first time a biocarbon producer has joined the organization. This membership allows CHAR Tech to contribute to research and innovation in low-carbon steelmaking by sharing its expertise in renewable biocarbon production. The collaboration with key players in the iron and steel industry supports the sector’s transition toward net zero emissions, enhancing CHAR Tech’s role in advancing sustainable production methods.

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.

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: Oct 29, 2025