← BackClean Energy Technologies, Inc. · Natural Gas DistributionCETY
High riskNext report: Not enough history
The short versionA company still losing money with growing sales, with high risk.
Going well
- Sales up 57% in the latest quarter vs a year ago
- Buying back shares: share count down 4.9% in 3 years
Watch out for
- Late quarterly report notice
- About 1 month of cash left at its current burn
- Losing money, losses are large next to sales
Money moves
- No insider buying or selling in the last 30 days
- Institutions cut 1.3% from their holdings in the quarter ending June 2026 (6 bought, 5 sold)
Facts from SEC filings, not a recommendation.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26$372K+57% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $2.6M, up 89% from the 12 months before. Over 5 years, sales grew about 9.0% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- MissReturn on equity 15%+Earns a lot on the money owners have in the business.-167.2%
- PassDebt under half of equityNot relying on borrowed money.0.38x equity
- MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-315.0%
- MissProfitable every yearSteady profits, not one good year.2 of 10 years
- MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$7.9M
- PassShare count not growingNot diluting owners. Falling means buybacks.-4.9% in 3 years
- MissGross margin 40%+Pricing power: sells for well above what it costs to make.27.6%
- Revenue
- $2.2M
- -10.8% vs prior year
- 5-year growth
- +9.0%/yr
- revenue, per year
- Total debt
- $2.4M
- 0.38x equity
- Current ratio
- 1.04x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026- Revenue
- $372K
- +57.4% YoY
- EPS
- -$0.09
- vs -$0.27
- Op. margin
- -203.3%
- +100.7 pts
- Gross margin
- 4.7%
- -90.0 pts
- Free cash flow
- -$828K
- Share count
- +226.8%
- vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trendNo trades to chart yet.
Filing buzz
Last 7 days vs normal
67/ 100
- This week
- 1
- Normal week
- 0.5
- vs normal
- 2.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady-1.3%Institutions cut 1.3% from their holdings. 6 bought, 5 sold.
Shares held by institutions320K
Sep '24Jun '26
Share count growthYearly rate, last 3 years
-31.9%Cash runwayAt last year's cash burn
0 monthsDebt to equityLatest balance sheet: debt compared with what owners have
0.4x · $2.4M debtShares outstandingLatest reported
12MWhy high risk- Losing money, losses are large next to sales
- Less than a month of cash left at its current burn
- Revenue down 10.8% from the year before
- 5 offering filings in 6 months (may sell new shares)
- Late quarterly report notice
- Auditor change
- Exchange listing notice (a delisting warning or a move to another exchange)
- Past financials no longer reliable
- Late annual report notice
Next reportNot enough history
- Results filedJul 24, 2012
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.