CleanCore Solutions, Inc. Class B (ZONE) AI Stock Analysis

• Market Cap: $54.74M
• Dividend Yield: N/A
• Average Volume (3M): 5.54M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.75
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 7
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Pollution & Treatment Controls
• EPS (TTM): -0.51
• Shares Outstanding: 210,556,230
• 10 Day Avg. Volume: 8,872,926
• 30 Day Avg. Volume: 5,543,356
• PEG Ratio: -0.02
• Price to Book (P/B): 14.17
• Price to Sales (P/S): 10.02
• P/FCF Ratio: -8.77
• Enterprise Value/Market Cap: 0.94
• Enterprise Value/Revenue: 15.01
• Enterprise Value/Gross Profit: 26.49
• Enterprise Value/Ebitda: -1.35
• 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: 41 Neutral
• Price Target: $0.25 ▼(-27.06% Downside)

The score is primarily constrained by very large losses and ongoing negative free cash flow despite strong revenue growth and solid gross margins. Technicals also remain weak with the stock trading below major moving averages and negative MACD. Valuation is hard to support with a negative P/E and no dividend yield provided.

Positive Factors

Sustained Revenue Growth

Sustained double-digit TTM revenue growth indicates meaningful market demand and product adoption. Over 2-6 months this expansion can enable operating leverage, support investment in sales/ops, and provide a foundation to narrow losses if management converts top-line growth into improved margin and scale efficiencies.

Healthy Gross Margin

A ~51% gross margin signals durable product economics and potential pricing power. With this margin base the company can, in theory, drive operating leverage as revenues grow, enabling fixed-cost absorption and sustainable margin gains if SG&A and R&D are managed while sales scale.

Very Low Financial Leverage

Near-zero debt materially reduces near-term solvency risk and interest burden, giving management flexibility to fund operations or invest without immediate refinancing pressure. This balance-sheet strength is a durable structural advantage while the company addresses cash burn and profitability.

Negative Factors

Severe Operating and Net Losses

Extremely large negative operating and net margins reflect a cost base vastly outstripping revenue. Such pervasive losses are structurally damaging: they erode equity, limit reinvestment capacity, and require sustained corrective actions to restore profitability. Without margin improvement, value destruction persists.

Persistent Negative Free Cash Flow

Ongoing negative operating and free cash flow of roughly -$7.8M TTM signals sustained cash burn that necessitates external financing or capital raises. This structural cash shortfall increases dilution and constrains strategic flexibility until the company achieves consistent positive cash generation.

Negative Returns on Equity

A TTM ROE near -43% shows capital is destroying, not creating, shareholder value. Persistently negative ROE undermines long-term investor confidence and indicates that growth is not translating into profitable deployment of equity capital, making sustained recovery and capital attraction more difficult.

CleanCore Solutions, Inc. Class B Business Overview & Revenue Model

Company Description

CleanCore Solutions, Inc. engages in developing, manufacturing, and selling cleaning products that produces pure aqueous ozone for professional, industrial, and home use. The company's product includes fill station, power caddy, and power minicaddy, ice treatment machine, commercial laundry, and residential laundry. It offers products and solutions that are marketed for janitorial and sanitation, ice machine cleaning, laundry, and industrial industries. CleanCore Solutions, Inc. was formerly known as CC Acquisition Corp. and changed its name to CleanCore Solutions, Inc. in November 2022. The company was incorporated in 2022 and is based in Omaha, Nebraska.

How the Company Makes Money

CleanCore Solutions, Inc. generates revenue through multiple key streams: the sale of proprietary eco-friendly cleaning products, including disinfectants and surface cleaners, to businesses and institutions; offering subscription-based cleaning service contracts for regular maintenance and sanitization; and providing consulting services to organizations seeking to optimize their cleaning protocols. Additionally, the company forms strategic partnerships with healthcare institutions and educational organizations, which not only enhances its market reach but also establishes long-term contracts that contribute to recurring revenue. The focus on sustainability and compliance with health regulations further positions CleanCore Solutions favorably in the marketplace, driving customer loyalty and repeat business.

CleanCore Solutions, Inc. Class B Financial Statement Overview

Summary

Strong TTM revenue growth (+31.1%) and healthy gross margin (~51%) are positives, but the business is dominated by extremely large operating and net losses (very negative margins) plus meaningful ongoing cash burn (~-$7.8M TTM free cash flow). Low leverage reduces near-term solvency risk, but negative returns and continued burn materially weaken the financial profile.

Income Statement

TTM (Trailing-Twelve-Months) revenue grew strongly (+31.1%) and gross margin remains healthy (~51%), showing solid product economics. However, profitability is deeply negative: operating results are heavily loss-making (EBIT margin about -710%) and net margin is extremely weak (about -7370%), indicating a cost structure far larger than the current revenue base. Annual results also show persistent losses and widening pressure in 2025 versus 2024, making earnings quality and scalability the key concern.

Balance Sheet

TTM (Trailing-Twelve-Months) leverage is very low (debt to equity ~0.00) with sizable equity relative to assets, which materially reduces near-term balance-sheet risk. That said, returns on equity are sharply negative in TTM (about -43%), reflecting significant value destruction from losses. The company’s balance sheet also appears to have shifted dramatically versus prior annual periods (from high leverage/low equity to very low debt/high equity), which improves solvency today but raises comparability and sustainability questions if losses continue.

Cash Flow

Cash generation is weak: TTM (Trailing-Twelve-Months) operating cash flow and free cash flow are both meaningfully negative (roughly -$7.8M), showing ongoing cash burn. Free cash flow improved versus the prior period (positive growth), but it remains firmly below breakeven, implying continued reliance on external funding unless operating performance improves. Cash flow does track net loss directionally (free cash flow to net income ~1.01), but the absolute level of burn is the main constraint.

Breakdown	TTM	Jun 2025	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement
Total Revenue	3.42M	2.07M	1.60M	2.44M	2.65M	1.67M
Gross Profit	1.94M	986.47K	795.81K	724.01K	692.58K	448.56K
EBITDA	-38.03M	-5.92M	-1.79M	-4.93M	-247.13K	-1.18M
Net Income	-122.61M	-6.74M	-2.28M	-5.02M	-541.61K	-1.41M
Balance Sheet
Total Assets	101.11M	8.47M	7.48M	6.09M	1.76M	1.23M
Cash, Cash Equivalents and Short-Term Investments	5.44M	1.46M	2.02M	393.19K	263.51K	135.44K
Total Debt	347.47K	5.40M	3.07M	3.69M	7.57M	6.88M
Total Liabilities	7.29M	7.00M	3.74M	4.35M	7.77M	6.97M
Stockholders Equity	93.82M	1.47M	3.74M	1.75M	-6.01M	-5.74M
Cash Flow
Free Cash Flow	-7.87M	-2.37M	-1.56M	-355.38K	-539.34K	-893.26K
Operating Cash Flow	-7.84M	-2.34M	-1.55M	-354.12K	-504.30K	-883.55K
Investing Cash Flow	-149.23M	-614.18K	-10.44K	-2.01M	-35.03K	-9.72K
Financing Cash Flow	163.88M	2.37M	3.18M	2.51M	667.41K	834.70K

CleanCore Solutions, Inc. Class B Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.34
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ZONE, the sentiment is Negative. The current price of 0.34 is above the 20-day moving average (MA) of 0.33, above the 50-day MA of 0.32, and below the 200-day MA of 1.98, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 39.01 is Neutral, neither overbought nor oversold. The STOCH value of 16.85 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ZONE.

CleanCore Solutions, Inc. Class B Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
FTEK	54 Neutral	$39.15M	-12.86	-7.10%	―	-5.66%	-397.46%
CLIR	48 Neutral	$32.92M	-5.25	-53.13%	―	-49.70%	-2.72%
SCWO	48 Neutral	$48.24M	-2.36	-232.63%	―	―	―
LIQT	45 Neutral	$17.42M	-1.80	-73.79%	―	10.97%	44.99%
TOMZ	43 Neutral	$14.18M	-2.70	-108.76%	―	-30.61%	-111.40%
ZONE	41 Neutral	$54.74M	-0.18	-21.93%	―	―	―

CleanCore Solutions, Inc. Class B Corporate Events

CleanCore Solutions holds 2025 annual shareholder meeting decisions

On December 17, 2025, CleanCore Solutions, Inc. held its 2025 annual meeting of stockholders with 73,585,935 shares represented in person or by proxy, amounting to 36.56% of the company’s outstanding common stock and constituting a quorum. At the meeting, shareholders elected five directors—Clayton Adams, David Enholm, Alexander Benjamin Spiro, Peter Frei and Tim Stebbing—to serve until the next annual meeting, and ratified the appointment of TAAD, LLP as the company’s independent registered public accounting firm for the fiscal year ending June 30, 2026, reinforcing the company’s board composition and confirming its external auditor for the upcoming fiscal year.

The most recent analyst rating on (ZONE) stock is a Sell with a $0.34 price target. To see the full list of analyst forecasts on CleanCore Solutions, Inc. Class B stock, see the ZONE Stock Forecast page.