Ecolomondo Releases its Interim Consolidated Financial Statements for the Third Quarter of 2025
(TheNewswire)
Montreal, QC – TheNewswire- November 27, 2025 – Ecolomondo Corporation (TSXV: ECM) (OTCQB: ECLMF) (the “ Company ” or“ Ecolomondo ”), a leading innovator in sustainable scrap tire recyclingtechnology, announces the release of its unaudited consolidatedfinancial statements and notes thereto and its related managementdiscussion and analysis for the three-month period ended September 30,2025. These documents are available on SEDAR at www.sedar.com .
During the quarter ended September 30, 2025, theCompany achieved several important milestones in the areas of ThermalDecomposition (“ TDP ”), shredding and milling departments, aspart of its the ramp-up of the Hawkesbury TDP turnkey facility. TheCompany completed the commissioning of its new milling and recoveredcarbon black (“ rCB ”) processing equipment that allowedproduction output to increase in all departments, that ushered in anew phase in the ramp-up and commercialization of the Hawkesbury TDPfacility.
During the quarter, the Company’s main off-takecustomer for rCB, after rigorous testing, approved the quality of rCBproduced at the Hawkesbury TDP facility. These positive results led tothe issuance of an initial order of 23 metric tons of rCB by the mainoff-take customer, followed by 27 orders, confirming the high qualityof the rCB produced at the Company’s Hawkesbury TDP facility. Inaddition, another major off-take customer based in the USA hasapproved the quality of the Company’s rCB and placed a 10,000 lbsorder to perform production validation and, once completed, theCompany believes that the off-take customer has the potential topurchase large quantities of rCB.
The Hawkesbury TDP facility has continued to increaseits production output after the period ended September 30, 2025. TheCompany reported in early October that it performed 4 double TDPbatches (total of 8 batches) in 4 days, all in automatic mode, andmore recently that it had performed 4 batches in one day, a Companyfirst. And the Company continued to increase the frequency of batchessince then: it has performed 30 batches in the month of October 2025,compared to 17, 33 and 29, respectively, in each of the previous threequarters of 2025.
The Company began to deliver rCB in truckloadquantities in July, an important forward step, especially since rCB isthe main revenue driver for the Hawkesbury TDP facility. Sales of rCBin the third quarter of 2025 were $243,053, compared to $8,713 in thesame period of 2024, representing an increase of 2690% over the sameperiod in 2024. The Company also began to sell large quantities oftire-derived oil (“ TDO ”) during the quarter ended September 30,2025, for a value of $80,512, representing 4 tanker loads of oil,compared to $48,864 during the same quarter of 2024, an increase of68%. This positive trend continued in the month of October 2025, where5 tanker loads were shipped, for a value of $100,149.
In October 2025, the Company announced the appointmentof its new Chief Technology Officer (“CTO”), Mario Mantaci,P.Eng., M.Eng. He will oversee all aspects of Ecolomondo’stechnology development and optimization, with an initial focus oncompleting the full ramp-up of the Hawkesbury TDP facility.
Highlights of the unaudited consolidated financialstatements and notes thereto for the interim three-month period endedSeptember 30, 2025, are:
The Company had revenues of $415,192, representing anincrease of 263% over the same period in 2024, mainly from the sale ofend-products and earning of tipping fees at the Hawkesbury facility.The Company generated record gross revenues for the month of September2025 of $224,175, an increase of 325% over the same month in 2024. Thesignificant increase is due to improved efficiencies, and ramp-up ofoperations that began in 2025, resulting in higher output, and highersales of end-products.
Losses from Operations totalled $1,773,919 for thequarter, compared to a loss of $1,303,500 for the same period of 2024.The increase of $470,419 between the two periods is due to an increaseof $662,197 in Expenses, mostly because of increased ramp-upactivities, partially offset by an increase of $191,781 inRevenues.
Capital cost for the construction of the Hawkesbury TDPturnkey facility is $52,346,041, net of depreciation.
The Company had total current assets of $849,271. TheCompany expects to invest approximately an additional $3.0 million inthe next 12 months, mostly to fulfill capital purchases required tocomplete the full ramp-up of the Hawkesbury TDP facility and forgeneral working capital needs.
“The Company’s interim results demonstrate a clearincrease in momentum, underscoring the steady progress achieved duringthe Hawkesbury facility’s ramp-up phase,” said JF Labbé, InterimChief Executive Officer.
Revenue streams from the Hawkesbury TDP facility comefrom the sale of end-products manufactured on-site, namely rCB, oil,steel, syngas and tipping fees. Despite thisstrong performance, the Company notes that it continues to operate ata loss; this is largely due to the Hawkesbury TDP facility still beingin its ramp-up phase.
RECENT WEBINAR NOW AVAILABLE
Progressing Into the Future:What's Next for Ecolomondo ( | )?
The future looks promising for Ecolomondo (TSXV: ECM |OTCQB: ECLMF) as key milestones pave the way toward long-term value,cementing the company's positive trajectory into thefuture.
On October 22, financial analyst Moneer Barazi hosted an insightfulwebinar titled “Progressing Into the Future” with ExecutiveChairman Eliot Sorella. The discussion explored how Ecolomondo isaccelerating its growth, from rising sales and production milestonesat the Hawkesbury TDP Facility in Ontario to its joint venture withAresol Renewables, showcasing how strategic initiatives are fuelingthe company’s momentum.
Key highlights from the webinar:
Company outlook with full ramp-up targeted for July2026
New team additions strengthening operations andmanagement
Growing demand for recovered carbon black (rCB) andother recovered resources
About Ecolomondo Corporation
Ecolomondo Corporation, headquartered in Québec, is aCanadian cleantech company that takes pride in its proprietary ThermalDecomposition technology (TDP). It has a 25-year history and duringthis time has been focused on its development of its technology andthe deployment of TDP turnkey facilities. TDP recovers high valuere-usable commodities from scrap tire waste, notably rCB, oil, syngas,fiber and steel. Ecolomondo expects to be a leading player in thecleantech space and be an active contributor to the global circulareconomy. Ecolomondo trades in Canada on the TSX Venture Exchange underthe symbol (TSXV:ECM) and in the United States under the symbol(OTCQB:ECLMF). To learn more, visit www.ecolomondo.com
Revenue Streams of TDPFacilities
Revenue streams from the Hawkesbury TDP facility comethe sale of end-products manufactured on-site, namely rCB, oil, steeland syngas, as well as tipping fees for the disposal of scraptires.
Our Mission, Vision &Strategy
Ecolomondo’s mission is to be a contributingparticipant in a dynamic Circular Economy and to increase shareholdervalue by producing and supplying large quantities of recoveredresources to be re-used in the manufacture of new products.
Ecolomondo’s vision is to be a leading producer andreseller of recovered resources by building and operating TDPfacilities, strategically located in industrialized countries, closeto feedstock, labor and offtake customers.
Our strategy is to become a major global builder andoperator of TDP turnkey facilities, for now specializing in theprocessing of ELTs. Our intent is to expand aggressively in North America and Europe. Our experience andmodular technology should help us get there faster and better. We planto keep performing ongoing research and development to ensure thatEcolomondo remains technologically advanced.
About TDP
The TDP process is technically proven and more advancedthan most other pyrolysis technologies. Over the years, ourTechnological teams were able to overcome all uncertainties thatplagued most competitors especially in these areas: pre-filtration,reactor cooling, reactor rotation, water recycling, processing of rCB,(hydrocarbon removal), mass monitoring, heat curve development,humidity and water removal, safety testing, system automation,emissions control and monitoring.
TDP is Environmentally Friendly –CO 2 Reduction
By producing rCB, TDP reduces GHG emissions by 90%versus the production of virgin carbon black. The production of rCB atthe Hawkesbury and Shamrock facilities are expected to reduceCO 2 emissions by 15,000and 45,000 tons per year, respectively.
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Ecolomondo Corporation Contact
JF Labbé
Interim CEO, Ecolomondo
Tel: (450) 587-5999
jflabbe@ecolomondocorp.com
Cautionary NoteRegarding Forward Looking Statements
The information in this news release includes certaininformation and statements about management's view of futureevents, expectations, plans and prospects that constitute forwardlooking statements. These statements are based upon assumptions thatare subject to significant risks and uncertainties. Because of theserisks and uncertainties and as a result of a variety of factors, theactual results, expectations, achievements or performance may differmaterially from those anticipated and indicated by theseforward-looking statements. Although Ecolomondo believes that theexpectations reflected in forward looking statements are reasonable,it can give no assurance that the expectations of any forward-lookingstatements will prove to be correct. Except as required by law,Ecolomondo disclaims any intention and assumes no obligation to updateor revise any forward-looking statements to reflect actual results,whether as a result of new information, future events, changes inassumptions, changes in factors affecting such forward-lookingstatements or otherwise.
Neither TSX Venture Exchange nor its RegulationServices Provider (as that term is defined in the policies of the TSXVenture Exchange) accepts responsibility for the adequacy or accuracyof this release.
Copyright (c) 2025 TheNewswire - All rights reserved.
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