Ecolomondo Releases its Interim Consolidated Financial Statements for the Third Quarter of 2025

Executive Summary

• Ecolomondo released its unaudited Q3 2025 consolidated financial statements, showing revenues of $415,192 (up 263% YoY) driven by ramp‑up of the Hawkesbury TDP facility.
• Production milestones were achieved: 30 TDP batches in October 2025 and first‑time delivery of rCB in truckload quantities, with rCB sales jumping to $243,053 (2690% YoY).
• The company announced a new Chief Technology Officer, Mario Mantaci, P.Eng., to lead the final ramp‑up of the Hawkesbury facility; it also outlined an additional $3 M capital investment plan for the next 12 months.

Key Details

• Financial Highlights (Q3 2025):
• Revenues: $415,192 (↑263% YoY).
• Record September revenue: $224,175 (↑325% YoY).
• Loss from operations: $1,773,919 (increase of $470,419 vs. Q3 2024).
• Capital cost of Hawkesbury TDP facility: $52,346,041 net of depreciation.

• Current assets: $849,271.

• Production & Sales Milestones:

• Completed commissioning of new milling and recovered carbon black (rCB) processing equipment.
• Main off‑take customer approved rCB quality; placed an initial order of 23 mt, followed by 27 additional orders.
• U.S. off‑taker approved rCB quality; placed a 10,000 lb validation order with potential for larger future purchases.
• Performed 4 double TDP batches (8 batches) in 4 days in early October; later achieved 4 batches in one day – a company first.

• Total of 30 TDP batches run in October 2025 (vs. 17, 33, and 29 in the prior three quarters).

• Revenue Breakdown:

• rCB sales Q3 2025: $243,053 (↑2690% YoY).
• Tire‑derived oil (TDO) sales Q3 2025: $80,512 (4 tanker loads; ↑68% YoY).

• October 2025 TDO shipments: 5 tanker loads valued at $100,149.

• Capital & Investment Outlook:

• Plans to invest an additional ~$3 M over the next 12 months for capital purchases needed to complete full ramp‑up and support working capital.

• Full facility ramp‑up targeted for July 2026.

• Management Changes:

• Appointment of Mario Mantaci, P.Eng., M.Eng., as Chief Technology Officer (CTO) – will focus on completing the Hawkesbury TDP ramp‑up.

• Webinar Announcement:

• October 22 webinar hosted by analyst Moneer Barazi with Executive Chairman Eliot Sorella highlighted growth milestones and a joint venture with Aresol Renewables.

Notable Quotes

“The Company’s interim results demonstrate a clear increase in momentum, underscoring the steady progress achieved during the Hawkesbury facility’s ramp‑up phase,” – JF Labbé, Interim CEO.