CarbonXT

CarbonXT

Provider of activated carbon products for emissions control applications.

HQ location
Gainesville, United States
Launch date
Employees
Market cap
$18.4m
Enterprise value
$26m
Share price
AUD0.06 CG1.AX
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AUD739k

Post IPO Equity
Total Funding000k

Financials

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Revenues, earnings & profits over time
AUD2018201920202021202220232024
Revenues0000000000000000000000000000
% growth---(22 %)50 %(16 %)(2 %)
EBITDA0000000000000000000000000000
% EBITDA margin--(13 %)(22 %)(8 %)(16 %)(19 %)
Profit0000000000000000000000000000
% profit margin--(28 %)(44 %)(24 %)(39 %)(54 %)
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000

Source: Company filings or news article

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More about CarbonXT
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Carbonxt is a cleantech company that manufactures and markets specialized activated carbon (AC) products designed to capture environmental pollutants. The company's origins trace back to around 2006, founded on intellectual property for producing a range of activated carbon products. It initially focused on the emerging market for mercury removal from coal-fired power stations and began generating revenue in 2016. The company is publicly listed on the Australian Stock Exchange (ASX:CG1) but its primary operations are based in the United States.

The company's leadership team has deep roots in environmental engineering and activated carbon technologies. Dr. Regina Rodriguez, the current CEO of the US subsidiary Carbonxt, Inc., holds a doctorate in Environmental Engineering from the University of Florida and has been with the company for over a decade. Her work has been instrumental in developing the company's technology, leading to multiple patents and overseeing the implementation of its production facilities. Dr. David Mazyck, a world-renowned expert in activated carbon who developed the company's foundational non-brominated AC technology, previously served as CEO and now focuses on operational development as President of the NewCarbon facility.

Carbonxt operates in the environmental services and industrial filtration markets, serving clients such as coal-fired power plants, cement plants, industrial boilers, waste-to-energy facilities, and water treatment utilities. The business model centers on manufacturing and selling proprietary powdered, granular, and pelletized activated carbon products. Revenue is generated through direct sales of these products, which are often tailored to specific client needs for removing contaminants like mercury, PFAS, volatile organic compounds (VOCs), and phosphates from air and water. The company emphasizes its position as a domestic US manufacturer with multiple production sites, including a key joint venture facility in Kentucky known as NewCarbon, LLC, which enhances its supply chain resilience and delivery speed.

The company's core product offering is a line of advanced, engineered activated carbons. A key selling point is its non-brominated, oxidizing formula, which is non-corrosive and designed to maintain high efficiency in capturing pollutants without causing the equipment deterioration associated with brominated carbons. Carbonxt provides custom solutions, working with partners to test and engineer a product that meets their specific economic and regulatory compliance challenges. The product portfolio includes solutions for air purification and water treatment, such as the HydRestor™ media for phosphorus reduction and sorbents targeting the removal of PFAS contaminants.

Keywords: activated carbon, cleantech, emissions control, water purification, mercury removal, industrial filtration, environmental technology, powdered activated carbon, air purification, PFAS removal, sorbent technology, water treatment solutions, contaminant capture, pollution control, industrial wastewater treatment, flue gas treatment, non-brominated activated carbon, granular activated carbon, environmental remediation, chemical engineering, specialty chemicals

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