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CETY · NASDAQ · Industrial - Machinery

Clean Energy Technologies (CETY)

Converts waste heat and waste into energy while trading natural gas in China.

$0.9850
vs last close−0.03 (−2.48%)
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Clean Energy Technologies, Inc.CETY
Industrials

Turns industrial waste heat into electricity with ORC systems, develops HTAP waste-to-energy projects, and resells natural gas in China. Revenue spans equipment, engineering and service work, project development, and commodity resale, while permitting and financing shape the waste-to-energy business.

Converts industrial waste heat into electricity through Clean Cycle™ organic Rankine cycle generators, sold alongside engineering, delivery, refurbishment, and technical-support services. The offered range extends from modular sub-megawatt units to larger projects through its Exergy relationship.

Develops HTAP™ high-temperature ablative pyrolysis facilities that turn agricultural, forestry, food, industrial, and municipal waste into outputs such as electricity, heat, renewable gas, and biochar. It also resells natural gas through subsidiaries in China and provides integrated power, battery storage, procurement, consulting, and project-management capabilities.

Operates across North America, Europe, and Asia from facilities that include Irvine, Treviso, Antalya, Hong Kong, and Chengdu. Clean-energy projects depend on permitting, project finance, supply chains, energy economics, and policy; natural-gas trading depends on wholesale supply, spot resale prices, trucking, and PRC conditions.

Company facts

CEOKambiz Mahdi
ListedMar 23, 2023
ExchangeNASDAQ
HeadquartersIrvine, CA
CountryUnited States
Employees22
CIK0001329606
ISINUS18452H3057

Market cap$5.2M
EPS (ttm)−$1.18
P/E (ttm)−0.8559
ROE-106.5%
P/B0.8733
P/S2.29
Dividend yieldDiv yield
Beta1.31vs XLI 0.58

No analyst consensus on record.

EPSReportedEstimate

Aug '24Nov '24Apr '25May '25Aug '25Nov '25Jun '26Aug '26
Reported−$0.02−$0.03−$0.02−$0.01−$0.30−$0.47−$0.23−$0.09
Estimate
Surprise

RevenueReportedEstimate

Aug '24Nov '24Apr '25May '25Aug '25Nov '25Jun '26Aug '26
Reported$196.1K$235.2K$495.7K$791.9K$236.3K$773.6K$783.7K$371.9K
Estimate
Surprise
Estimate
Reported−$0.09
Estimate
Reported$371.9K
View details

Debt to equity65.10%
Current ratio99.50%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$235.2K$480.3K$791.9K$236.3K$773.6K$359.9K$783.7K$371.9K
Net income−$1.3M−$865.7K−$331.2K−$1.0M−$2.0M−$3.3M−$662.2K−$1.1M
Net margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$759.3K−$561.0K−$96.1K−$718.4K−$1.3M−$393.6K−$719.3K−$756.1K
YoY growthLoss widenedLoss narrowedLoss narrowedLoss narrowedLoss widenedLoss narrowedLoss widenedLoss widened

Balance sheet, Jun 30, 2026Cash & short-term investments $19.7K · Total debt $3.9M · Total assets $13.9M · Shareholders' equity $6.0M

Revenue
$371.9K
Operating income
−$756.1K
Net income
−$1.1M
View details

No dividends on record.

Institutions6.18%319.8K shares
10 holders · as of Jun 30, 2026
Other93.82%4.86M shares
remainder

5.18M company shares as of Aug 26, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Two share counts disagree (12.17M in the company's Sep 23, 2026 report, 5.18M elsewhere); stakes use the report.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Beacon Pointe Advisors, LLCInstitution
1.78%92,327as of Jun 30, 2026
Geode Capital Management, LLCInstitution
1.42%73,456as of Jun 30, 2026
Vanguard Fiduciary Trust CoInstitution
1.25%64,794as of Jun 30, 2026
Vanguard Capital Management LLCInstitution
0.82%42,360as of Jun 30, 2026
XTX Topco LtdInstitution
0.35%18,348as of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Dec 15, 2025Kambiz Mahdidirector, officer: CEO+650,561$2.50
Dec 3, 2025Kambiz Mahdidirector, officer: CEO+500,000$2.00
View details

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