Cleantek Industries releases 2026 guidance

Executive Summary

• Cleantek Industries Inc. has released its financial and strategic guidance for fiscal 2026, projecting significant revenue and EBITDA growth driven by increased fleet utilization and international sales.
• The company plans to increase leverage by adding debt to support the execution of a significant international Halo SE Crown Mount contract, aiming to improve liquidity.
• Management highlights the company's attractiveness for mergers and acquisitions due to its public listing, tax pools, and high-grade assets.

Key Details

• Revenue Forecast: Annual revenue is forecasted to grow to between $21.5 million and $22.5 million.
• EBITDA Forecast: Total annual adjusted EBITDA is projected to be between $7.2 million and $7.5 million.
• Capital Expenditures (Capex): Budgeted at $1.5 million to $1.65 million, with flexibility to expand if additional growth opportunities arise.
• Balance Sheet Strategy: The company intends to add additional debt to support the execution of its large international contract; this leverage combined with project cash flow is expected to materially improve liquidity.
• Strategic Positioning: Cleantek positions itself as an attractive platform for M&A, citing its public listing, sizable tax pools, geographic locations, international momentum, and high-grade assets.
• Recent Momentum: The guidance builds on the significant international Halo SE Crown Mount contract awarded in January 2026.

Notable Quotes

• "Two thousand twenty-six marks a major inflection point for Cleantek as we accelerate growth and capitalize on a growing pipeline of opportunities," said Riley Taggart, chief executive officer of Cleantek. "With continued expansion across North America and the execution of the significant international Halo SE contract announced earlier this month, we are well positioned to expand our proven products and services into new global markets. Combined with our disciplined approach to operations and cost management, we are highly confident in the strength and durability of our full-year outlook."