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

• Market Cap: $58.38M
• Dividend Yield: N/A
• Average Volume (3M): 5.54M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.70
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 7
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Pollution & Treatment Controls
• EPS (TTM): -0.49
• Shares Outstanding: 201,309,020
• 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: 0.63
• Enterprise Value/Revenue: 14.03
• Enterprise Value/Gross Profit: 27.41
• Enterprise Value/Ebitda: -2.00
• 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: 43 Neutral
• Price Target: $0.28 ▼(-17.65% Downside)

The score is held down primarily by very weak financial performance (massive losses and persistent cash burn despite strong revenue growth and solid gross margins) and a clearly bearish technical setup (price far below key moving averages with negative momentum). Valuation provides little support given negative earnings and no dividend data.

Positive Factors

Revenue Growth

Sustained TTM revenue growth of +26% indicates the company is expanding product/service adoption and market reach. Over the next 2-6 months this trend supports scaling of recurring contracts and validates demand for its eco-friendly cleaning solutions, improving prospects for long-term revenue stability.

Gross Margin

A ~51% gross margin reflects attractive unit economics and pricing power in core products and services. This margin cushion provides structural capacity to absorb SG&A and R&D, and if operating expenses are managed, it supports a credible path to sustained profitability over the medium term.

Low Financial Leverage

Minimal debt and a large equity base reduce near-term solvency risk and give management flexibility to allocate capital. Low leverage is a durable advantage: it lowers fixed financing obligations, enabling strategic investments or bridge financing without immediate pressure to service high debt levels.

Negative Factors

Deep Losses

An extreme net margin (~-737%) shows expenses far outstrip revenue, reflecting structural profitability issues. Persistently large losses impair retained earnings, hinder reinvestment, and mean the business must materially cut costs or materially scale revenue to reach sustainable profitability over the coming months.

Cash Burn

Material negative operating and free cash flow (-$5.3M to -$5.4M TTM) signals the company requires ongoing external funding to operate. This structural cash burn increases dilution or financing risk and constrains the ability to invest in growth or weather downturns without securing new capital.

Weak Returns & Balance Sheet Volatility

A deeply negative ROE (~-43%) and historical swings in leverage and equity indicate inconsistent capital efficiency and past financial strain. This volatility undermines investor confidence and suggests the company may face higher cost of capital or renewed balance sheet stress if operational trends do not stabilize.

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 (+26%) and healthy gross margin (~51%) are positives, but the financials are dominated by extremely large losses (net margin ~-737%) and ongoing cash burn (TTM operating/free cash flow about -$5.3M to -$5.4M). Low current leverage helps, but very negative ROE (~-43%) and historical balance sheet volatility increase risk.

Income Statement

TTM (Trailing-Twelve-Months) revenue growth is strong (+26%), and gross margin is healthy (~51%), indicating the core offering can carry attractive unit economics. However, profitability has deteriorated sharply: the company is deeply loss-making at the operating level and bottom line (net margin ~-737%), implying operating costs have scaled far faster than revenue. Overall, the income statement shows promising gross profitability but very weak cost discipline and earnings quality.

Balance Sheet

TTM (Trailing-Twelve-Months) leverage appears very low (debt-to-equity ~0.00) with a large equity base, which reduces near-term balance sheet stress. That said, returns are meaningfully negative (return on equity ~-43% TTM), reflecting heavy losses relative to shareholder capital. The picture is also less stable across years, with prior periods showing much higher leverage and even negative equity, which raises questions about consistency and capital structure volatility.

Cash Flow

Cash generation is weak: TTM (Trailing-Twelve-Months) operating cash flow and free cash flow are both materially negative (about -$5.3M to -$5.4M), meaning the business is consuming cash to operate and invest. While free cash flow ‘growth’ is reported as strongly positive, free cash flow remains negative, so the improvement is from a weak base rather than true self-funding strength. Overall, the cash flow profile suggests ongoing funding needs unless profitability improves.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	2.61M	2.07M	1.60M	2.44M	2.65M	1.67M
Gross Profit	1.34M	986.47K	795.81K	724.01K	692.58K	448.56K
EBITDA	-18.30M	-5.92M	-1.79M	-4.93M	-247.13K	-1.18M
Net Income	-19.25M	-6.74M	-2.28M	-5.02M	-541.61K	-1.41M
Balance Sheet
Total Assets	185.73M	8.47M	7.48M	6.09M	1.76M	1.23M
Cash, Cash Equivalents and Short-Term Investments	12.91M	1.46M	2.02M	393.19K	263.51K	135.44K
Total Debt	383.08K	5.40M	3.07M	3.69M	7.57M	6.88M
Total Liabilities	13.23M	7.00M	3.74M	4.35M	7.77M	6.97M
Stockholders Equity	172.50M	1.47M	3.74M	1.75M	-6.01M	-5.74M
Cash Flow
Free Cash Flow	-5.37M	-2.37M	-1.56M	-355.38K	-539.34K	-893.26K
Operating Cash Flow	-5.33M	-2.34M	-1.55M	-354.12K	-504.30K	-883.55K
Investing Cash Flow	-143.12M	-614.18K	-10.44K	-2.01M	-35.03K	-9.72K
Financing Cash Flow	160.14M	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 below the 20-day moving average (MA) of 0.37, above the 50-day MA of 0.33, and below the 200-day MA of 2.01, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 31.33 is Neutral, neither overbought nor oversold. The STOCH value of 9.49 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	$41.33M	-12.86	-7.10%	―	-5.66%	-397.46%
CLIR	48 Neutral	$31.47M	-4.85	-53.13%	―	-49.70%	-2.72%
SCWO	48 Neutral	$49.25M	-2.42	-232.63%	―	―	―
LIQT	45 Neutral	$16.08M	-1.60	-73.79%	―	10.97%	44.99%
ZONE	43 Neutral	$58.38M	-0.23	-21.93%	―	―	―
TOMZ	43 Neutral	$14.95M	-2.92	-108.76%	―	-30.61%	-111.40%

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.