From GlobeNewswire: 2025-01-15 07:00:00

Aduro Clean Technologies Inc. filed its financial results for Q2 2025, reporting quarterly revenue of $38,143, a 48% decrease from Q2 2024. Loss from operations was $3,114,712. The company maintained a cash position of $9.2 million as of November 30, 2024, despite increased expenses and investments in research equipment.

Aduro achieved significant milestones in Q2, including being uplisted to the Nasdaq Capital Market and raising gross proceeds of approximately US$4.52 million through a public offering. They engaged Zeton to develop a Hydrochemolytic™ pilot plant and signed an MOU with GF Building Flow Solutions Americas to address recycling challenges for crosslinked polyethylene production waste.

The company showcased its technology at industry conferences like IRPC and ARC24 to highlight the transformative potential of Hydrochemolytic™ Technology. These efforts, along with collaborations and financial advancements, underscore Aduro’s commitment to providing innovative, sustainable chemical recycling solutions and driving market expansion.

Aduro’s forward-looking statements emphasize their focus on achieving full market readiness with scalable technology. Despite risks and uncertainties, the company aims to demonstrate the commercial viability of its innovative solutions and enhance its market presence through strategic collaborations, financial investments, and engagement with global audiences through various platforms.



Read more at GlobeNewswire:: Aduro Clean Technologies Reports Second Quarter Fiscal 2025