Reported Earnings • Apr 16
Full year 2025 earnings released: CA$0.23 loss per share (vs CA$0.20 loss in FY 2024) Full year 2025 results: CA$0.23 loss per share (further deteriorated from CA$0.20 loss in FY 2024). Revenue: CA$151.7k (down 27% from FY 2024). Net loss: CA$1.46m (loss widened 51% from FY 2024). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth. Announcement • Mar 14
Cleango Innovations Inc Announces Breakthrough Third-Party Validation of Mycoset CleanGo Innovations Inc. announced landmark results from independent, third-party laboratory testing of its MycoSet remediation product. The testing was conducted by the Company’s equity partner, AgritechBC Solutions Inc., in which CleanGo holds a 49% ownership stake. The comprehensive study was performed by East Kelowna Agritech Society, a Health Canada certified laboratory was contracted to validate the efficacy of MycoSet in breaking down complex hydrocarbons. The findings confirm that MycoSet significantly accelerates the biodegradation of petroleum pollutants, providing a science-led solution for contaminated soils and waterways. Key Findings from the Certified Laboratory Report: MycoSet achieved a mineralization rate of 65-72% in diesel-treated systems, compared to just 18-25% in untreated controls. Even with highly recalcitrant substances like bitumen, MycoSet increased degradation to 32-40%, while untreated samples showed less than 5% activity. The product was tested under rigorous OECD 301B and 302B conditions, ensuring the data meets international regulatory requirements. Field validation confirmed that the treatment caused no adverse environmental mobilization, ensuring contaminants stay contained during the cleaning process. Following these successful results, CleanGo Innovations and AgritechBC are moving immediately to market MycoSet globally. The Company is also launching a robust expansion of its testing program to include a diverse array of environmental settings and industrial situations to further demonstrate the product's versatility. The data supports MycoSet as a regulatory-ready solution capable of meeting the strictest environmental standards worldwide. CleanGo looks forward to providing updates as the product enters new local and international markets.