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Clean Energy Technologies Inc

cetyinc.com

What Do They Do?

Builds waste-heat recovery and waste-to-energy systems and provides engineering and project-management services for industrial and municipal customers. It also supplies natural gas to industrial customers and municipalities.

How Do They Make Money?

Heat-recovery and Europe project customers pay as milestones or agreed time periods are met. Engineering and manufacturing customers are invoiced when products ship, typically due within 30 days; in China, CETY buys natural gas in bulk at fixed prepaid prices and resells it at daily spot prices over contract terms.

FY2025 revenue

Who Are Their Customers?

Industrial and municipal customers buy energy systems and project services through a direct sales force and global distributors, with technology partners also cross-selling. In China, industrial customers and municipalities buy natural gas.

Do Revenues Turn Into Profits?

No. It lost $6.8M in FY2025.

Operating income, FY2025
−118% of revenue
▼ −23% (Loss) vs FY2024 (−$3.3M, −137%)
Net income, FY2025
−315% of revenue
▲ +50% (Loss) vs FY2024 (−$4.6M, −188%)
Free cash flow, FY2025
−367% of revenue

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▲ +57%
vs $236.3K in Q2 FY2025
Net income
▲ +3% (Loss)
vs −$1M in Q2 FY2025
  • Jul 16, 2026 Company changed its independent accounting firm It dismissed TAAD LLP and engaged Green Growth CPAs as its independent registered public accounting firm.

Who Do They Compete With?

Competes with ORMAT, Exergy, TAS, Turboden, Hitachi Zosen Inova, Suez, Veolia, Ramboll Group, Covanta Holding, China Everbright International, Abu Dhabi National Energy, Babcock & Wilcox Enterprises, Whaleboater Technologies, Xcel Energy, and Sinopec

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