First six months of 2025 Highlights
* Second consecutive quarter of revenue growth as commercial operations begin.
* First operating profit in company history, achieved through disciplined cost control and strategic spending.
* Total assets up more than 15x year-to-date, reflecting significant growth in operational capacity and balance sheet strength.
* Agreements to reduce $1,005,726 in debt obligations through the issuance of 3,414,760 restricted common shares, valued at over $0.29 per share. All agreements include trading restrictions of at least 90 days. Closures of these transactions are expected shortly.
* No reverse stock split planned for 2025, reaffirming management’s commitment to shareholder value.
* Achieved Patent Pending Status for system to automate carbon credit creation and emissions controls using blockchain and NFTs, designed to enhance transparency, accuracy, and tradability in global carbon markets.
* Secured nearly four-acre site in Midland, Texas – the energy capital of the U.S. – as the company scales commercial waste-to-energy operations.
“Our second quarter and six month results demonstrate that while it’s still early, our business model and disciplined approach to cost control are delivering measurable results,” said Scott Gallagher, Chairman and CEO of Waste Energy Corp. “We achieved revenue growth for the second consecutive quarter, turned an operating profit, and significantly expanded our asset base-all while maintaining tight cost discipline. With additional revenue growth expected in Q3, we are building the momentum we feel will position us for sustainable, profitable growth and expansion going forward.”
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