CETY · Clean Energy Technologies, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $773.6K | $236.3K | $791.9K | - | $235.2K | $196.1K | $1.51M | - | $4.00M | $4.80M |
| Cost of Revenue | $590.4K | $12.6K | $63.4K | - | $22.6K | $20.1K | $1.26M | - | $3.25M | $4.29M |
| Gross Profit | $183.1K | $223.7K | $728.6K | - | $212.5K | $176.0K | $253.0K | - | $753.4K | $513.7K |
| R&D | - | - | $0 | - | - | - | $0 | - | $0 | $0 |
| SG&A | $212.9K | $134.0K | $222.6K | - | $170.1K | $270.6K | $218.7K | - | $176.6K | $210.5K |
| Total Operating Expenses | $1.52M | $958.5K | $824.7K | - | $971.9K | $1.15M | $1.07M | - | $1.06M | $890.3K |
| D&A | $3.0K | $3.0K | $3.0K | - | $3.0K | $3.0K | $3.0K | - | $4.6K | $3.3K |
| Operating Income | ($1.33M) | ($734.8K) | ($96.1K) | - | ($759.3K) | ($973.9K) | ($820.9K) | - | ($302.8K) | ($376.6K) |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | - | - | $49 | - | - | - | - | - | $6.2K | $1.4K |
| Net Income | ($2.10M) | ($1.09M) | ($331.2K) | - | ($1.30M) | ($831.9K) | ($1.42M) | - | ($880.5K) | ($757.6K) |
| EPS - Basic | ($0.47) | ($0.02) | ($0.01) | - | ($0.03) | ($0.02) | ($0.04) | - | ($0.02) | ($0.02) |
| EPS - Diluted | ($0.47) | ($0.02) | ($0.01) | - | ($0.03) | ($0.02) | ($0.04) | - | ($0.02) | ($0.02) |
Balance Sheet
| Line item | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $826.8K | $4.41M | $62.1K | $62.1K | $44.1K | $387.9K | $289.5K | $89.6K | $263.8K | $733.2K |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | $483.3K | $484.6K | $504.2K | $497.0K | $768.5K | $719.3K | $656.5K | $974.9K | $831.6K | $876.2K |
| Accounts Payable | - | $1.61M | $1.56M | $1.51M | - | - | - | $506.5K | - | - |
| Current Assets | $9.02M | $9.23M | $3.74M | $3.20M | $4.85M | $4.84M | $4.70M | $6.75M | $7.40M | $7.04M |
| Total Assets | $14.80M | $14.79M | $10.09M | $9.51M | $9.43M | $9.31M | $9.03M | $10.93M | $11.10M | $10.80M |
| Current Liabilities | $7.49M | $6.96M | $7.06M | $6.44M | $5.63M | $4.54M | $4.37M | $4.80M | $5.63M | $4.92M |
| Long-term Debt | - | - | - | - | - | - | - | $257.9K | - | - |
| Total Liabilities | $7.70M | $7.03M | $7.14M | $6.57M | $5.85M | $4.73M | $4.61M | $5.06M | $5.71M | $5.06M |
| Stockholders' Equity | $7.10M | $7.76M | $2.95M | $2.94M | $3.58M | $4.58M | $4.41M | $5.11M | $4.69M | $5.08M |
| Retained Earnings | ($30.92M) | ($28.82M) | ($27.73M) | ($27.44M) | ($26.64M) | ($25.43M) | ($24.47M) | ($22.98M) | ($19.83M) | ($19.11M) |
Cash Flow
| Line item | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | ($776.0K) | - | - | - | ($871.6K) | - | - | - |
| Investing Cash Flow | - | - | ($2.9K) | - | - | - | $83.5K | - | - | - |
| Financing Cash Flow | - | - | $759.0K | - | - | - | $987.9K | - | - | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 23.7% | 94.7% | 92.0% | - | 90.4% | 89.8% | 16.7% | - | 18.8% | 10.7% |
| Operating margin | -172.6% | -311.0% | -12.1% | - | -322.9% | -496.6% | -54.3% | - | -7.6% | -7.8% |
| EBITDA margin | -172.2% | -309.8% | -11.8% | - | -321.6% | -495.1% | -54.1% | - | -7.4% | -7.8% |
| Net margin | -271.8% | -460.8% | -41.8% | - | -552.5% | -424.2% | -93.8% | - | -22.0% | -15.8% |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | 0.0% | - | - | - | 0.0% | - | 0.0% | 0.0% |
| SG&A / Revenue | 27.5% | 56.7% | 28.1% | - | 72.3% | 138.0% | 14.5% | - | 4.4% | 4.4% |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -14.2% | -7.4% | -3.3% | - | -13.8% | -8.9% | -15.7% | - | -7.9% | -7.0% |
| Return on equity | -29.6% | -14.0% | -11.2% | - | -36.3% | -18.2% | -32.1% | - | -18.8% | -14.9% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.20 | 1.33 | 0.53 | 0.50 | 0.86 | 1.07 | 1.07 | 1.41 | 1.32 | 1.43 |
| Quick ratio | 1.14 | 1.26 | 0.46 | 0.42 | 0.73 | 0.91 | 0.92 | 1.20 | 1.17 | 1.25 |
| Cash ratio | 0.11 | 0.63 | 0.01 | 0.01 | 0.01 | 0.09 | 0.07 | 0.02 | 0.05 | 0.15 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | 0.05 | - | - |
| Debt / Assets | - | - | - | - | - | - | - | 0.02 | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 2.09 | 1.91 | 3.42 | 3.23 | 2.63 | 2.03 | 2.05 | 2.14 | 2.37 | 2.12 |
| Liabilities / Assets | 0.52 | 0.48 | 0.71 | 0.69 | 0.62 | 0.51 | 0.51 | 0.46 | 0.51 | 0.47 |
| Efficiency | ||||||||||
| Asset turnover | 0.05 | 0.02 | 0.08 | - | 0.02 | 0.02 | 0.17 | - | 0.36 | 0.44 |
| Inventory turnover | 1.22 | 0.03 | 0.13 | - | 0.03 | 0.03 | 1.92 | - | 3.91 | 4.89 |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | 299d | 14019d | 2904d | - | 12388d | 13065d | 190d | - | 93d | 75d |
| Days payable outstanding | - | 46676d | 8966d | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 228.9% | 20.5% | -47.7% | - | -94.1% | -95.9% | -47.8% | - | 8873.4% | 174.6% |
| Revenue CAGR (3y) | 158.8% | -48.7% | 0.7% | - | -25.8% | 8.0% | 123.6% | - | 164.9% | 213.3% |
| Revenue CAGR (5y) | 29.1% | 8.7% | -1.6% | - | -15.1% | -18.3% | - | - | 49.7% | 54.8% |
| Gross profit growth (YoY) | -13.8% | 27.1% | 188.0% | - | -71.8% | -65.7% | 57.6% | - | 2807.4% | -16.0% |
| Operating income growth (YoY) | -75.8% | 24.5% | 88.3% | - | -150.7% | -158.6% | -36.2% | - | 44.0% | -765.1% |
| Net income growth (YoY) | -61.8% | -30.9% | 76.7% | - | -47.6% | -9.8% | -32.2% | - | 0.0% | -118.4% |
| EPS growth (YoY) | -1466.7% | 0.0% | 75.0% | - | -50.0% | 0.0% | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 98.0% | 69.3% | -33.2% | -42.5% | -23.5% | -9.9% | -16.9% | 172.2% | 2720.5% | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2024-12-31.
Product / service
$2.44M totalLNGTrading$1.21M · 49.5%
Waste To Energy$1.06M · 43.6%
Heat Recovery Solutions$158.1K · 6.5%
Manufacturing And Engineering$9.3K · 0.4%
Geographic
$8.42M totalCN$8.42M · 100.0%
Peer comparison
Same SIC group: Natural Gas Distribution
Comparing Clean Energy Technologies against the 5 most active filers in the same SIC group.