1. Investment Snapshot
2. Thesis
3. Valuation & Price Target
4. Business & Product Moat
5. People & Governance
6. Market & Macro
7. Financial Quality
8. Risk Register
9. Prediction Market
10. 𝕏 Posts
Discussion
1. Investment Snapshot
2. Thesis
3. Valuation & Price Target
4. Business & Product Moat
5. People & Governance
6. Market & Macro
7. Financial Quality
8. Risk Register
9. Prediction Market
10. 𝕏 Posts
Discussion
1. Investment Snapshot
2. Valuation
Discussion
Symbol
CETY
Event Date
2023-03-23
Sector
Utilities
Subsector
Gas Utilities
Offer Range
$4.00-$4.00
Shares Offered
1M
38.5M
$61.7M
Implied Upside vs Midpoint
Description
(Note: Clean Energy Technologies, Inc. (CETY) announced the pricing of its public offering/ NASDAQ uplisting deal on Thursday, March 23, 2023 – in line with the terms in its prospectus: 975,000 shares priced at $4.00 – the bottom of its $4.00-to-$5.00 price range – to raise $3.9 million. The IPO was priced Wednesday night, March 22, 2023. Clean Energy Technologies’ stock is expected to start NASDAQ trading today – Thursday, March 23, 2023 – under “CETY” – bringing its symbol to the NASDAQ from the OTCQB Market.)
Clean Energy Technologies, Inc. annual income statement and balance sheet, FY 2022 to FY 2025, as reported in SEC filings.
| Metric | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Revenue | $2.7M | $15.1M | $2.4M | $2.2M |
| Gross profit | $1.2M | $1.1M | $847K | $596K |
| Operating income | ($990K) | ($2.7M) | ($3.3M) | ($2.6M) |
| Net income | $147K | ($5.7M) | ($4.6M) | ($6.8M) |
| Metric | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Total assets | $8.1M | $10.9M | $8.7M | $12.4M |
| Total liabilities | $6.2M | $5.1M | $6.8M | $6.2M |
| Total equity | $1.9M | $5.9M | $1.9M | $6.2M |
| Cash & equivalents | $149K | $175K | $62.1K | $602K |