23:34:56 EST Tue 03 Feb 2026
Enter Symbol
or Name
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Cleantek Industries Inc
Symbol CTEK
Shares Issued 29,315,377
Close 2026-02-03 C$ 0.66
Market Cap C$ 19,348,149
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Cleantek Industries releases 2026 guidance

2026-02-03 19:32 ET - News Release

Mr. Riley Taggart reports

CLEANTEK INDUSTRIES PROVIDES 2026 GUIDANCE

Cleantek Industries Inc. has released its financial and strategic outlook for fiscal 2026. Building on recent momentum, including the significant international Halo SE Crown Mount contract awarded in January, 2026, the company remains focused on global growth, operational efficiency and long-term shareholder value.

Key highlights:

  • Revenue: forecasted growth of annual revenue to $21.5-million and $22.5-million. This increase is driven by higher utilization of the current fleet and strong international product sales;
  • EBITDA (earnings before interest, taxes, depreciation and amortization): forecasted total annual adjusted EBITDA of $7.2-million to $7.5-million, reflecting Cleantek's continued focus on growth opportunities paired with financial and operational discipline;
  • Capex: budgeted at $1.5-million to $1.65-million, with flexibility to expand the capital expenditures budget should additional growth opportunities arise;
  • Balance sheet: Cleantek plans to add additional debt to support the execution of its large international contract. This added leverage, along with the cash flow from the project, is expected to materially improve Cleantek's liquidity position over the course of the year;
  • Acquisitions/transactions: The company's public listing, sizable tax pools, geographic locations, international momentum and high-grade assets position Cleantek as an attractive platform for mergers and acquisitions.

"Two thousand twenty-six marks a major inflection point for Cleantek as we accelerate growth and capitalize on a growing pipeline of opportunities," said Riley Taggart, chief executive officer of Cleantek. "With continued expansion across North America and the execution of the significant international Halo SE contract announced earlier this month, we are well positioned to expand our proven products and services into new global markets. Combined with our disciplined approach to operations and cost management, we are highly confident in the strength and durability of our full-year outlook."

About Cleantek Industries Inc.

Cleantek is a clean energy technology company focused on ESG-accretive (environmental, social and governance) solutions, providing specialized and fully integrated waste water treatment, disposal equipment and turnkey sustainable lighting rental solutions. By leveraging patented technology and industry expertise, Cleantek delivers tailored, cost-effective solutions to a diverse client base, including blue-chip exploration and production companies across North America.

With a focus on sustainability, safety and operational excellence, Cleantek is well positioned to meet the rising water treatment and sustainable lighting market demand. The company's proven record and commitment to innovation drive long-term value creation in the clean technology sector.

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