Karbon-X Corp
karbon-x.comWhat Do They Do?
Sells verified carbon credits to companies in mining, forestry and other industries, and to the public through a mobile app.
10-K for FY2026, filed Sep 15, 2026Karbon-X Corp purchases verified carbon credits from numerous vendors and resells these credits to both industry and the general public.…View ↗
Karbon-X Corp primarily operates in the voluntary carbon offset market. The Company sells carbon offsets to mining, forestry, civil…View ↗
The general public is able purchase carbon offsets from a mobile app that is subscription based, with multiple levels of investment for…View ↗
How Do They Make Money?
It buys carbon credits from vendors and resells them to companies and the public; a sale is counted when credits are retired for a customer or transferred to the customer's registry account. Public app subscriptions are counted over the subscription period.
10-K for FY2026, filed Sep 15, 2026Karbon-X Corp purchases verified carbon credits from numerous vendors and resells these credits to both industry and the general public.…View ↗
Karbon-X Corp primarily operates in the voluntary carbon offset market. The Company sells carbon offsets to mining, forestry, civil…View ↗
The general public is able purchase carbon offsets from a mobile app that is subscription based, with multiple levels of investment for…View ↗
Sales of carbon credits. Revenue is recognized at the point in time at which control of the credit transfers to the customer, which is when…View ↗
Subscription revenue. Revenue from the Company’s mobile application subscriptions is recognized over the subscription period as the related…View ↗
$55.9M
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10-K for FY2026, filed Sep 15, 2026
$55.9M ↗
Who Are Their Customers?
Companies in sectors such as mining, forestry and transportation buy offsets directly; members of the public can subscribe through the mobile app.
10-K for FY2026, filed Sep 15, 2026Karbon-X Corp primarily operates in the voluntary carbon offset market. The Company sells carbon offsets to mining, forestry, civil…View ↗
When companies purchase carbon offsets from Karbon-X Corp directly to offset their fossil fuel consumption the credits are retired in the…View ↗
The general public is able purchase carbon offsets from a mobile app that is subscription based, with multiple levels of investment for…View ↗
10-K for FY2026, filed Sep 15, 2026
Customers. One customer accounted for approximately 86% of consolidated revenue (approximately $47.9 million) for the year ended May 31…View ↗
Do Revenues Turn Into Profits?
No. It lost $13.6M in FY2026.
10-K for FY2026, filed Sep 15, 2026
−$11.1MView ↗
10-K for FY2026, filed Sep 15, 2026
−$13.6MView ↗
10-K for FY2026, filed Sep 15, 2026
−$7.9MView ↗
How Are They Changing?
Public app sales
The older report described the app as still in user-experience testing; the latest says it is publicly available and has generated direct app sales.
10-K for FY2023, filed Sep 13, 2023The general public is be able purchase carbon offsets from a mobile APP that is subscription based, with multiple levels of investment for…View ↗
Credit resale
The older report said the company had started buying credits but intended to resell them; the latest describes buying and reselling credits as current operations.
10-K for FY2023, filed Sep 13, 2023 10-K for FY2026, filed Sep 15, 2026Karbon-X Corp has begun purchasing verified carbon credits from numerous vendors and then intends to resell these credits to both industry…View ↗
Karbon-X Corp purchases verified carbon credits from numerous vendors and resells these credits to both industry and the general public.…View ↗
Who Do They Compete With?
Competes with Indigo Carbon, Nori, TruTerra, Bayer, Nutrien, Carbon Streaming, Base Carbon, and Climeworks
10-K for FY2026, filed Sep 15, 2026Indigo CarbonView ↗
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