
Aduro Clean Technologies reports fiscal 2026 results
- Aduro Clean Technologies reported fiscal 2026 revenue of $167,206 and a $26.9 million operating loss.
- The company increased cash reserves to $38.3 million following public offerings.
- Aduro advanced pilot projects and partnerships for its Hydrochemolytic Technology platform.
Aduro Clean Technologies (NASDAQ:ADUR) reported fiscal 2026 results with revenue of $167,206, an operating loss of $26.9 million, and continued investment in its technology development programs.
Revenue declined 28% from fiscal 2025, while adjusted EBITDA loss increased to $10.7 million from $8.2 million, reflecting higher spending on research and development activities.
The company increased cash reserves to $38.3 million from $7 million, supported by two U.S. public offerings that generated approximately $39.95 million in net proceeds, while property, plant and equipment increased to $8.36 million.
Aduro said it advanced its Hydrochemolytic Technology development through NGP pilot campaigns, partnerships and facility planning, while following the announcement the Aduro Clean Technologies share price was not provided.
Aduro Clean Technologies develops chemical conversion technologies focused on processing difficult-to-recycle materials and industrial feedstocks.
The company is developing its NGP Pilot Plant and FOAK facility at Chemelot while pursuing commercial partnerships and licensing opportunities.
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