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Cleantek Industries Provides 2026 Guidance

By The Northwire Desk — AI Analysis Feb 03, 2026 · 09:01 CTEK · 0.53 Cleantek Industries Inc.
CTEK · Price

Executive Summary

  • Cleantek Industries projects FY 2026 revenue of $21.5‑$22.5 million and Adjusted EBITDA of $7.2‑$7.5 million.
  • The company plans CAPEX of $1.5‑$1.65 million and intends to add debt to fund a large international HALO SE contract, improving liquidity.
  • Management highlights the HALO SE Crown Mount contract awarded in January 2026 as a key growth catalyst and positions the firm for potential M&A activity.

Key Details

  • Revenue Guidance: $21.5 M – $22.5 M for FY 2026, driven by higher fleet utilization and strong international product sales.
  • Adjusted EBITDA Guidance: $7.2 M – $7.5 M for the year, reflecting disciplined growth and operational efficiency.
  • CAPEX Budget: $1.5 M – $1.65 M, with flexibility to increase if additional opportunities arise.
  • Balance Sheet Strategy: Plan to incur additional debt to support execution of the HALO SE contract; expected to materially improve liquidity over 2026.
  • Contract Highlight: International HALO SE Crown Mount contract awarded in January 2026 (significant revenue driver).
  • M&A Positioning: Company’s public listing, tax pools, geographic footprint, and high‑grade assets make it an attractive platform for mergers and acquisitions.
  • CEO Quote: Riley Taggart emphasizes FY 2026 as a “major inflection point” with accelerated growth, expanded global market presence, and confidence in the outlook.

Notable Quotes

“2026 marks a major inflection point for Cleantek as we accelerate growth and capitalize on a growing pipeline of opportunities,” – Riley Taggart, President & CEO.

Read the original news release →

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