View Future GrowthAether Catalyst Solutions 과거 순이익 실적과거 기준 점검 0/6Aether Catalyst Solutions의 수입은 연평균 -11.7%의 비율로 감소해 온 반면, Chemicals 산업의 수입은 연간 12.4% 증가했습니다.핵심 정보-11.68%순이익 성장률-3.43%주당순이익(EPS) 성장률Chemicals 산업 성장률4.55%매출 성장률n/a자기자본이익률n/a순이익률n/a최근 순이익 업데이트31 Dec 2025최근 과거 실적 업데이트업데이트 없음모든 업데이트 보기Recent updatesNew Risk • Dec 03New major risk - Negative shareholders equityThe company has negative equity. Total equity: -CA$308k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.0m free cash flow). Share price has been highly volatile over the past 3 months (23% average weekly change). Negative equity (-CA$308k). Earnings have declined by 7.8% per year over the past 5 years. Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$4.15m market cap, or US$2.97m).공시 • Oct 06Aether Catalyst Solutions, Inc., Annual General Meeting, Nov 12, 2025Aether Catalyst Solutions, Inc., Annual General Meeting, Nov 12, 2025.New Risk • Aug 31New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$927k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$927k free cash flow). Share price has been highly volatile over the past 3 months (22% average weekly change). Earnings have declined by 2.6% per year over the past 5 years. Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$8.30m market cap, or US$6.04m).New Risk • Jun 03New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 38% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (34% average weekly change). Negative equity (-CA$659k). Shareholders have been substantially diluted in the past year (38% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$6.77m market cap, or US$4.94m).New Risk • Jun 02New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$255k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$255k free cash flow). Share price has been highly volatile over the past 3 months (37% average weekly change). Negative equity (-CA$659k). Revenue is less than US$1m. Market cap is less than US$10m (CA$6.94m market cap, or US$5.05m). Minor Risk Shareholders have been diluted in the past year (27% increase in shares outstanding).New Risk • May 22New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 27% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (40% average weekly change). Negative equity (-CA$596k). Revenue is less than US$1m. Market cap is less than US$10m (CA$7.28m market cap, or US$5.26m). Minor Risk Shareholders have been diluted in the past year (27% increase in shares outstanding).공시 • Mar 28Aether Catalyst Solutions, Inc. announced that it expects to receive CAD 1.25 million in fundingAether Catalyst Solutions, Inc has announced a non- brokered private placement to issue 16,666,667 units of the company at a price of CAD 0.075 cents per unit for aggregate gross proceeds of up to CAD 1,250,000.025. Each unit will consist of one common share in the capital of the company and one-half of one common share purchase warrant. Each warrant will entitle the holder thereof to acquire one additional share at an exercise price of CAD 0.015 per share for a period of 18 months from the closing date of the offering. The offering is subject to certain conditions, including, but not limited to, receipt of all necessary approvals, including the approval of the CSE.The offering may close in tranches, with the first tranche expected to close on or around March 31, 2025.공시 • Mar 20Aether Catalyst Solutions, Inc. announced that it has received CAD 0.075 million in fundingOn March 19, 2025. Aether Catalyst Solutions, Inc. has closed the transaction.공시 • Mar 13Aether Catalyst Solutions, Inc. announced that it expects to receive CAD 0.075 million in fundingAether Catalyst Solutions, Inc announced a non-brokered private placement to issue 1,875,000 units at a price of CAD 0.04 per unit for gross proceeds of CAD 75,000 on March 12, 2025. Each unit will consist of one common share and one-half of a transferable common share purchase warrant of the Company, with each whole warrant exercisable for a period of 12 months from the date of closing at a price of CAD 0.10 per share. Finder’s fees or commissions may be payable to certain eligible persons. All securities issued in connection with the private placement are subject to a 4-month hold period in Canada. The terms of the financing are subject to applicable securities laws and regulatory approval. Closing is expected to occur March 19, 2025.Board Change • Jan 31Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Member of Corporate Advisory Board Greg James was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.New Risk • Dec 04New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$302k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$302k free cash flow). Shares are highly illiquid. Negative equity (-CA$451k). Earnings have declined by 2.1% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$3.44m market cap, or US$2.45m). Minor Risk Shareholders have been diluted in the past year (5.7% increase in shares outstanding).공시 • Aug 06Aether Catalyst Solutions, Inc., Annual General Meeting, Oct 01, 2024Aether Catalyst Solutions, Inc., Annual General Meeting, Oct 01, 2024.New Risk • Aug 04New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 7.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (26% average weekly change). Negative equity (-CA$339k). Earnings have declined by 4.6% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$3.44m market cap, or US$2.48m). Minor Risk Shareholders have been diluted in the past year (7.0% increase in shares outstanding).공시 • Jul 23Aether Catalyst Solutions, Inc. announced that it has received CAD 0.162955 million in fundingOn July 22, 2024, Aether Catalyst Solutions, Inc. closed the transaction. The company will now issue 600,000 Units at an issue price of CAD 0.055 for gross proceeds of CAD 33,000 in final tranche. Together with the first closing, the Company issued an aggregate of 2,962,818 units at an issue price of CAD for gross proceeds of CAD 162,954.99. Each Unit consists of one common share and one-half a Share purchase warrant, with each Warrant entitling the holder thereof to purchase one additional Share at a price of CAD 0.10 per Warrant Share for a period of twelve months from the date of closing of the Private Placement. In connection with the second and final tranche of the Private Placement, the Company paid finder’s fees of CAD 3,300 and issued 60,000 Finders’ Warrants entitling the holder to purchase a Share at a price of CAD 0.055 per Share for a period of 12 months from closing of the Private Placement.Board Change • Jan 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Member of Corporate Advisory Board Greg James was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공시 • Feb 08Aether Catalyst Solutions, Inc. Announces Year Two Results of the Urban Small Motors Emissions Abatement ProjectAether Catalyst Solutions, Inc. announced year two results of the Urban Small Motors Emissions Abatement Project (USMEAP) with the City of Burnaby, and its extension for year three. The first year of the project was challenging, in that unseasonably hot and dry weather limited the usage of the test equipment; despite this, the first year of testing showed that Aether's catalyst deployed in Burnaby's equipment resulted in a significant NOx abatement (of the order of 60%). NOx contributes to smog, acid rain and ground level ozone formation - all of which are significant health hazards. Once the catalyst was pulled from the mowers at the end of the season, it was discovered that a flaw in the packaging had allowed the catalyst to break up and resulted in significant "blow by", where untreatedemissions were able to pass through without contact with the catalyst. This was addressed in the lead up to year two of the program. For year two, the program was expanded to 6 units equipped with Aether catalysts, thereby increasing the data set. Additionally, technology from the first test was adjusted to maintain peak performance over a greater operating lifespan. All units had over 100 hours of usage and 3 had over 150 hours; there does not appear to be a correlation between higher usage and lower performance. 4 units showed 100% NOx reduction after >100 hours usage; the remaining two were at 95% & 96% (likely analyzer error). Aether validated air injection concept - an external air pump was used to approximate the effect of air injection. This resulted in 40% HC conversion and 60% CO conversion (in addition to the NOx reduction); higher air flow, or more efficient engine operation could increase this oxidation of HC and CO further. The program has been renewed for 2023. Current dataset is sufficient to begin OEM outreach. o For the USMEAP, Aether was able to make use of the muffler housing, substituting its catalyst for existing muffler material; resulting in a plug and play solution with high performance, requiring minimal engineering, and no loss of sound dampening.공시 • Nov 11Aether Catalyst Solutions, Inc. Announces Provisional Patent ApplicationAether Catalyst Solutions, Inc. announced that it has filed a U.S. Provisional Patent Application entitled "MIXED METAL OXIDE CATALYST COMPOSITIONS AND PROCESSES FOR THE PRODUCTION THEREOF". Modern catalytic converters are often comprised of many chemistries, sometimes in several locations, all working in harmony to clean the exhaust gasses of vehicles. The key components of the catalyst chemistries are precious metals often referred to as Platinum Group Metals (PGMs). PGMs are very effective catalysts but are also exceptionally expensive due to their rarity and processing costs. Aether's catalyst formulation uses zero Platinum Group Metals, instead relying upon cost effective mixed metal oxides to provide the catalytic activity.Given the cost and supply chain difficulties inherent in the acquisition and processing of PGMs, and the increasing geopolitical risks in the areas that mine them, it's no surprise that when faced with increased loadings of PGMs to meet rising emissions standards, OEMs are actively looking for alternatives.공시 • Feb 24Aether Catalyst Solutions, Inc. Appoints Steve Polvi P.Eng. as CEO of Subsidiary Clean-Tech VentureAether Catalyst Solutions, Inc. announce the appointment of Mr. Steve Polvi P.Eng. as CEO of subsidiary clean-tech venture. Mr. Polvi comes to the company upon leaving a successful 22-year career at Shell PLC, where most recently Steve held the title of Manager - Renewable Natural Gas. At Shell, Mr. Polvi led the development, construction, and start-up of Junction City Biogas, Shell's first ever renewable natural gas project. Steve's knowledge and work experience at Shell spanned all technical and commercial aspects of Natural Gas asset development and management. For the past five years, Mr. Polvi's primary focus was to advance Shell's Net Zero emissions agenda in the Low Carbon Fuels business.공시 • Jul 15Aether Catalyst Solutions, Inc. announced that it has received CAD 1.078009 million in fundingOn July 14, 2021, Aether Catalyst Solutions, Inc. closed the transaction. The company has issued 1,990,500 units for gross proceeds of CAD 348,337.5 in its second and final tranche. The company has received CAD 1,078,008.75 in the transaction. The company has paid a finder's fees of CAD 26,467 and has issued 189,050 finders’ warrants in the transaction. The company has received $28,485 (CAD 34,999.5195) from 2 investors pursuant to exemption provided under Regulation D.공시 • Jun 04Aether Catalyst Solutions, Inc. announced that it expects to receive CAD 1 million in fundingAether Catalyst Solutions, Inc. (CNSX:ATHR) announced a private placement of 5,714,286 units at a price of CAD 0.175 per unit for gross proceeds of CAD 1,000,000 on June 2, 2021. Each unit will consist of one common share and one transferable common share purchase warrant of the Company, with each whole warrant exercisable for a period of 24 months from the date of closing at a price of CAD 0.225 per share. Finder’s fees or commissions may be payable to certain eligible persons. All securities issued in connection with the private placement are subject to a 4-month hold period in Canada. The transaction is subject to applicable securities laws and regulatory approval. The transaction is expected to be closed in one or more tranches by June 30, 2021.공시 • Dec 23Aether Catalyst Solutions, Inc., Annual General Meeting, Jan 12, 2021Aether Catalyst Solutions, Inc., Annual General Meeting, Jan 12, 2021, at 10:00 Pacific Standard Time. Location: at Unit 104, 8337 Eastlake Drive Burnaby British Columbia Canada Agenda: To set the number of directors of the Company for the ensuing year at four (4) persons; to elect Paul Woodward, Derek Lew, Jason Moreau, and Neil Branda as directors of the Company for the ensuing year; to appoint Crowe MacKay LLP, as the auditors of the Company until the next annual general meeting of the Company and to authorize the directors of the Company to fix the remuneration to be paid to the auditors; and to receive the audited financial statements of the Company for the financial years ended December 31, 2019, and the accompanying report of the auditors.공시 • Dec 11Aether Catalyst Solutions, Inc. Announces Executive ChangeAether Catalyst Solutions, Inc. announced that Taylor Procyk will be taking over as Chief Operating Officer. Taylor has spent the last 5 years working alongside Greg James developing Aether’s base metal oxide catalysts, so the transition will be seamless. Taylor’s focus will be on adapting and commercializing Aether’s existing technology for the small motor market. Greg James will be leaving his position as Chief Operating Officer of Aether Catalyst Solutions Inc.공시 • Nov 14Aether Catalyst Solutions, Inc., Annual General Meeting, Jan 12, 2021Aether Catalyst Solutions, Inc., Annual General Meeting, Jan 12, 2021. Location: 8337 Eastlake Drive, Unit 104 Burnaby British Columbia Canada공시 • Oct 03Aether Catalyst Solutions, Inc. announced that it expects to receive CAD 0.5 million in funding from Conation CapitalAether Catalyst Solutions, Inc. (CNSX:ATHR) announced a non-brokered private placement of up to 2,500,000 units at a price of CAD 0.20 per unit for gross proceeds of CAD 500,000 on June 12, 2020. Each unit will consist of one common share and one half of one transferrable common share purchase warrant of the company with each whole warrant exercisable price of CAD 0.30 per share for a period of 16 months from the date of issuance. The transaction is subject to applicable securities laws and regulatory approval. The transaction is expect to close in multiple tranches by July 15, 2020. All the securities to be issued in the transaction are subject to a hold period of four months from the date of issuance. The company may pay finders' fees or commissions may be payable to certain eligible persons.매출 및 비용 세부 내역Aether Catalyst Solutions가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이CNSX:ATHR 매출, 비용 및 순이익 (CAD Millions)날짜매출순이익일반관리비연구개발비31 Dec 250-11030 Sep 250-11030 Jun 250-11031 Mar 250-10031 Dec 240-10030 Sep 240-10030 Jun 240-10031 Mar 240-11031 Dec 230-11030 Sep 23000030 Jun 23000031 Mar 230-10031 Dec 220-11030 Sep 220-12030 Jun 220-11031 Mar 220-11031 Dec 21001030 Sep 21000030 Jun 21000031 Mar 21001031 Dec 20001030 Sep 200-11030 Jun 200-11031 Mar 200-11031 Dec 190-11030 Sep 19001030 Jun 19000031 Mar 19000031 Dec 18000030 Sep 18000031 Dec 170010양질의 수익: ATHR 은(는) 현재 수익성이 없습니다.이익 마진 증가: ATHR는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: ATHR은 수익성이 없으며 지난 5년 동안 손실이 연평균 11.7% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 ATHR의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: ATHR은 수익성이 없어 지난 해 수익 성장률을 Chemicals 업계(0.1%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: ATHR의 부채가 자산을 초과하여 자본 수익률을 계산하기 어렵습니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YMaterials 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/17 13:12종가2026/05/15 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Aether Catalyst Solutions, Inc.는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
New Risk • Dec 03New major risk - Negative shareholders equityThe company has negative equity. Total equity: -CA$308k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.0m free cash flow). Share price has been highly volatile over the past 3 months (23% average weekly change). Negative equity (-CA$308k). Earnings have declined by 7.8% per year over the past 5 years. Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$4.15m market cap, or US$2.97m).
공시 • Oct 06Aether Catalyst Solutions, Inc., Annual General Meeting, Nov 12, 2025Aether Catalyst Solutions, Inc., Annual General Meeting, Nov 12, 2025.
New Risk • Aug 31New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$927k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$927k free cash flow). Share price has been highly volatile over the past 3 months (22% average weekly change). Earnings have declined by 2.6% per year over the past 5 years. Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$8.30m market cap, or US$6.04m).
New Risk • Jun 03New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 38% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (34% average weekly change). Negative equity (-CA$659k). Shareholders have been substantially diluted in the past year (38% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$6.77m market cap, or US$4.94m).
New Risk • Jun 02New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$255k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$255k free cash flow). Share price has been highly volatile over the past 3 months (37% average weekly change). Negative equity (-CA$659k). Revenue is less than US$1m. Market cap is less than US$10m (CA$6.94m market cap, or US$5.05m). Minor Risk Shareholders have been diluted in the past year (27% increase in shares outstanding).
New Risk • May 22New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 27% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (40% average weekly change). Negative equity (-CA$596k). Revenue is less than US$1m. Market cap is less than US$10m (CA$7.28m market cap, or US$5.26m). Minor Risk Shareholders have been diluted in the past year (27% increase in shares outstanding).
공시 • Mar 28Aether Catalyst Solutions, Inc. announced that it expects to receive CAD 1.25 million in fundingAether Catalyst Solutions, Inc has announced a non- brokered private placement to issue 16,666,667 units of the company at a price of CAD 0.075 cents per unit for aggregate gross proceeds of up to CAD 1,250,000.025. Each unit will consist of one common share in the capital of the company and one-half of one common share purchase warrant. Each warrant will entitle the holder thereof to acquire one additional share at an exercise price of CAD 0.015 per share for a period of 18 months from the closing date of the offering. The offering is subject to certain conditions, including, but not limited to, receipt of all necessary approvals, including the approval of the CSE.The offering may close in tranches, with the first tranche expected to close on or around March 31, 2025.
공시 • Mar 20Aether Catalyst Solutions, Inc. announced that it has received CAD 0.075 million in fundingOn March 19, 2025. Aether Catalyst Solutions, Inc. has closed the transaction.
공시 • Mar 13Aether Catalyst Solutions, Inc. announced that it expects to receive CAD 0.075 million in fundingAether Catalyst Solutions, Inc announced a non-brokered private placement to issue 1,875,000 units at a price of CAD 0.04 per unit for gross proceeds of CAD 75,000 on March 12, 2025. Each unit will consist of one common share and one-half of a transferable common share purchase warrant of the Company, with each whole warrant exercisable for a period of 12 months from the date of closing at a price of CAD 0.10 per share. Finder’s fees or commissions may be payable to certain eligible persons. All securities issued in connection with the private placement are subject to a 4-month hold period in Canada. The terms of the financing are subject to applicable securities laws and regulatory approval. Closing is expected to occur March 19, 2025.
Board Change • Jan 31Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Member of Corporate Advisory Board Greg James was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
New Risk • Dec 04New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$302k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$302k free cash flow). Shares are highly illiquid. Negative equity (-CA$451k). Earnings have declined by 2.1% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$3.44m market cap, or US$2.45m). Minor Risk Shareholders have been diluted in the past year (5.7% increase in shares outstanding).
공시 • Aug 06Aether Catalyst Solutions, Inc., Annual General Meeting, Oct 01, 2024Aether Catalyst Solutions, Inc., Annual General Meeting, Oct 01, 2024.
New Risk • Aug 04New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 7.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (26% average weekly change). Negative equity (-CA$339k). Earnings have declined by 4.6% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$3.44m market cap, or US$2.48m). Minor Risk Shareholders have been diluted in the past year (7.0% increase in shares outstanding).
공시 • Jul 23Aether Catalyst Solutions, Inc. announced that it has received CAD 0.162955 million in fundingOn July 22, 2024, Aether Catalyst Solutions, Inc. closed the transaction. The company will now issue 600,000 Units at an issue price of CAD 0.055 for gross proceeds of CAD 33,000 in final tranche. Together with the first closing, the Company issued an aggregate of 2,962,818 units at an issue price of CAD for gross proceeds of CAD 162,954.99. Each Unit consists of one common share and one-half a Share purchase warrant, with each Warrant entitling the holder thereof to purchase one additional Share at a price of CAD 0.10 per Warrant Share for a period of twelve months from the date of closing of the Private Placement. In connection with the second and final tranche of the Private Placement, the Company paid finder’s fees of CAD 3,300 and issued 60,000 Finders’ Warrants entitling the holder to purchase a Share at a price of CAD 0.055 per Share for a period of 12 months from closing of the Private Placement.
Board Change • Jan 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Member of Corporate Advisory Board Greg James was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공시 • Feb 08Aether Catalyst Solutions, Inc. Announces Year Two Results of the Urban Small Motors Emissions Abatement ProjectAether Catalyst Solutions, Inc. announced year two results of the Urban Small Motors Emissions Abatement Project (USMEAP) with the City of Burnaby, and its extension for year three. The first year of the project was challenging, in that unseasonably hot and dry weather limited the usage of the test equipment; despite this, the first year of testing showed that Aether's catalyst deployed in Burnaby's equipment resulted in a significant NOx abatement (of the order of 60%). NOx contributes to smog, acid rain and ground level ozone formation - all of which are significant health hazards. Once the catalyst was pulled from the mowers at the end of the season, it was discovered that a flaw in the packaging had allowed the catalyst to break up and resulted in significant "blow by", where untreatedemissions were able to pass through without contact with the catalyst. This was addressed in the lead up to year two of the program. For year two, the program was expanded to 6 units equipped with Aether catalysts, thereby increasing the data set. Additionally, technology from the first test was adjusted to maintain peak performance over a greater operating lifespan. All units had over 100 hours of usage and 3 had over 150 hours; there does not appear to be a correlation between higher usage and lower performance. 4 units showed 100% NOx reduction after >100 hours usage; the remaining two were at 95% & 96% (likely analyzer error). Aether validated air injection concept - an external air pump was used to approximate the effect of air injection. This resulted in 40% HC conversion and 60% CO conversion (in addition to the NOx reduction); higher air flow, or more efficient engine operation could increase this oxidation of HC and CO further. The program has been renewed for 2023. Current dataset is sufficient to begin OEM outreach. o For the USMEAP, Aether was able to make use of the muffler housing, substituting its catalyst for existing muffler material; resulting in a plug and play solution with high performance, requiring minimal engineering, and no loss of sound dampening.
공시 • Nov 11Aether Catalyst Solutions, Inc. Announces Provisional Patent ApplicationAether Catalyst Solutions, Inc. announced that it has filed a U.S. Provisional Patent Application entitled "MIXED METAL OXIDE CATALYST COMPOSITIONS AND PROCESSES FOR THE PRODUCTION THEREOF". Modern catalytic converters are often comprised of many chemistries, sometimes in several locations, all working in harmony to clean the exhaust gasses of vehicles. The key components of the catalyst chemistries are precious metals often referred to as Platinum Group Metals (PGMs). PGMs are very effective catalysts but are also exceptionally expensive due to their rarity and processing costs. Aether's catalyst formulation uses zero Platinum Group Metals, instead relying upon cost effective mixed metal oxides to provide the catalytic activity.Given the cost and supply chain difficulties inherent in the acquisition and processing of PGMs, and the increasing geopolitical risks in the areas that mine them, it's no surprise that when faced with increased loadings of PGMs to meet rising emissions standards, OEMs are actively looking for alternatives.
공시 • Feb 24Aether Catalyst Solutions, Inc. Appoints Steve Polvi P.Eng. as CEO of Subsidiary Clean-Tech VentureAether Catalyst Solutions, Inc. announce the appointment of Mr. Steve Polvi P.Eng. as CEO of subsidiary clean-tech venture. Mr. Polvi comes to the company upon leaving a successful 22-year career at Shell PLC, where most recently Steve held the title of Manager - Renewable Natural Gas. At Shell, Mr. Polvi led the development, construction, and start-up of Junction City Biogas, Shell's first ever renewable natural gas project. Steve's knowledge and work experience at Shell spanned all technical and commercial aspects of Natural Gas asset development and management. For the past five years, Mr. Polvi's primary focus was to advance Shell's Net Zero emissions agenda in the Low Carbon Fuels business.
공시 • Jul 15Aether Catalyst Solutions, Inc. announced that it has received CAD 1.078009 million in fundingOn July 14, 2021, Aether Catalyst Solutions, Inc. closed the transaction. The company has issued 1,990,500 units for gross proceeds of CAD 348,337.5 in its second and final tranche. The company has received CAD 1,078,008.75 in the transaction. The company has paid a finder's fees of CAD 26,467 and has issued 189,050 finders’ warrants in the transaction. The company has received $28,485 (CAD 34,999.5195) from 2 investors pursuant to exemption provided under Regulation D.
공시 • Jun 04Aether Catalyst Solutions, Inc. announced that it expects to receive CAD 1 million in fundingAether Catalyst Solutions, Inc. (CNSX:ATHR) announced a private placement of 5,714,286 units at a price of CAD 0.175 per unit for gross proceeds of CAD 1,000,000 on June 2, 2021. Each unit will consist of one common share and one transferable common share purchase warrant of the Company, with each whole warrant exercisable for a period of 24 months from the date of closing at a price of CAD 0.225 per share. Finder’s fees or commissions may be payable to certain eligible persons. All securities issued in connection with the private placement are subject to a 4-month hold period in Canada. The transaction is subject to applicable securities laws and regulatory approval. The transaction is expected to be closed in one or more tranches by June 30, 2021.
공시 • Dec 23Aether Catalyst Solutions, Inc., Annual General Meeting, Jan 12, 2021Aether Catalyst Solutions, Inc., Annual General Meeting, Jan 12, 2021, at 10:00 Pacific Standard Time. Location: at Unit 104, 8337 Eastlake Drive Burnaby British Columbia Canada Agenda: To set the number of directors of the Company for the ensuing year at four (4) persons; to elect Paul Woodward, Derek Lew, Jason Moreau, and Neil Branda as directors of the Company for the ensuing year; to appoint Crowe MacKay LLP, as the auditors of the Company until the next annual general meeting of the Company and to authorize the directors of the Company to fix the remuneration to be paid to the auditors; and to receive the audited financial statements of the Company for the financial years ended December 31, 2019, and the accompanying report of the auditors.
공시 • Dec 11Aether Catalyst Solutions, Inc. Announces Executive ChangeAether Catalyst Solutions, Inc. announced that Taylor Procyk will be taking over as Chief Operating Officer. Taylor has spent the last 5 years working alongside Greg James developing Aether’s base metal oxide catalysts, so the transition will be seamless. Taylor’s focus will be on adapting and commercializing Aether’s existing technology for the small motor market. Greg James will be leaving his position as Chief Operating Officer of Aether Catalyst Solutions Inc.
공시 • Nov 14Aether Catalyst Solutions, Inc., Annual General Meeting, Jan 12, 2021Aether Catalyst Solutions, Inc., Annual General Meeting, Jan 12, 2021. Location: 8337 Eastlake Drive, Unit 104 Burnaby British Columbia Canada
공시 • Oct 03Aether Catalyst Solutions, Inc. announced that it expects to receive CAD 0.5 million in funding from Conation CapitalAether Catalyst Solutions, Inc. (CNSX:ATHR) announced a non-brokered private placement of up to 2,500,000 units at a price of CAD 0.20 per unit for gross proceeds of CAD 500,000 on June 12, 2020. Each unit will consist of one common share and one half of one transferrable common share purchase warrant of the company with each whole warrant exercisable price of CAD 0.30 per share for a period of 16 months from the date of issuance. The transaction is subject to applicable securities laws and regulatory approval. The transaction is expect to close in multiple tranches by July 15, 2020. All the securities to be issued in the transaction are subject to a hold period of four months from the date of issuance. The company may pay finders' fees or commissions may be payable to certain eligible persons.