PureCycle Technologies, Inc. (PCTTW)
PureCycle Technologies focuses on manufacturing premium-grade recycled polypropylene. The company utilizes a proprietary purification process designed to eliminate colors, odors, and various contaminants from plastic waste. This advanced recycling method successfully transforms discarded plastic feedstock into a virgin-like material, effectively converting waste into new, high-quality polypropylene. Founded in 2015, the firm operates out of Orlando, Florida.
Sector: Plastic Materials, Synth Resins & Nonvulcan Elastomers
Industry: Industrial - Pollution & Treatment Controls
PureCycle Technologies, Inc.
+2.04%$0.5000
Mkt Cap$2.86M
Float1.39M
O/S5.72M
Inst Own58.6%
SI6.6%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$8.36M
Net Income-$182.56M
Total Assets$922.67M
Free Cash Flow-$183.59M
Debt & Equity
Debt 94%
Equity 6%
Total Debt$776.18M
Total Equity$45.89M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in PCTTW's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$922.67M
Liabilities$876.78M
Accounts Receivable$2.01M
Accounts Payable$9.25M
Inventory$9.37M
PP&E (Net)$711.98M
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Revenue | $8.36M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | - | - | - | - | - | - | - | - |
| Cost of Revenue | $142.98M | $34.71M | $18.86M | $26.56M | $10.55M | $8.6M | $5.97M | $1.22M |
| Gross Profit | -$134.62M | -$34.71M | -$18.86M | -$26.56M | -$10.55M | -$8.6M | -$5.97M | -$1.22M |
| Gross Margin | -1611.3% | - | - | - | - | - | - | - |
| Research and Development | $5.92M | $3.38M | $6.61M | $1.09M | $1.41M | $648K | $526K | $786K |
| Selling, General, and Administrative | $59.48M | $138.95M | $107.29M | $76.97M | $57.62M | $27.97M | $11.48M | $2.1M |
| Other | -$33.67M | -$31.65M | -$18.86M | -$23.3M | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $31.74M | $110.67M | $95.04M | $54.76M | $59.03M | $28.62M | $12M | $2.88M |
| Operating Income (EBIT) | -$166.37M | -$145.38M | -$113.9M | -$81.32M | -$69.58M | -$37.22M | -$17.97M | -$4.11M |
| Operating Margin | -1991.2% | - | - | - | - | - | - | - |
| Interest Expense | $64.45M | $56.85M | $31.37M | $2.31M | $6.65M | $7.95M | $1.01M | $0 |
| Interest Income | $5.86M | $5.19M | $3.76M | $4.95M | $7K | $3K | $1K | $0 |
| Other Income (Expense) | -$15.23M | -$143.83M | $12.84M | -$3.43M | -$7.92M | -$15.77M | -$1.34M | $0 |
| Income Before Tax (EBT) | -$181.59M | -$289.21M | -$101.06M | -$84.75M | -$77.5M | -$52.99M | -$19.31M | -$4.11M |
| Income Tax Expense | $970K | -$79K | $650K | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$182.56M | -$289.14M | -$101.72M | -$84.75M | -$77.5M | -$52.99M | -$20M | -$4.11M |
| Net Income Margin | -2185.1% | - | - | - | - | - | - | - |
| Supplementary Data | ||||||||
| EPS | -1.08 | -1.82 | -0.62 | -0.54 | -0.75 | -1.96 | -0.17 | -0.03 |
| Diluted EPS | -1.21 | -1.76 | -0.62 | -0.54 | -0.75 | -1.96 | -0.17 | -0.03 |
| Weighted Average OS | 179.33M | 159.19M | 163.87M | 155.96M | 102.91M | 28.73M | 118.32M | 118.32M |
| EBITDA | -$83.48M | -$197.66M | -$50.84M | -$79.54M | -$68.57M | -$46.99M | -$17.07M | $0 |
| EBITDA Margin | -999.2% | - | - | - | - | - | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Assets | ||||||||
| Current Assets | ||||||||
| Cash and Cash Equivalents | $156.69M | $15.68M | $73.41M | $63.89M | $33.42M | $64.49M | $150K | $101K |
| Short-Term Investments | $13.63M | $0 | $48.23M | $98.59M | $167.37M | $0 | $0 | $0 |
| Cash and Short-Term Investments | $170.32M | $15.68M | $121.64M | $162.48M | $200.78M | $64.49M | $150K | $101K |
| Accounts Receivable | $2.01M | $0 | $0 | $0 | $0 | $78K | $0 | $0 |
| Inventory | $9.37M | $8.09M | $7.09M | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $16.32M | $30.13M | $18.6M | $73.73M | $141.85M | $262K | $616K | $322K |
| Total Current Assets | $198.02M | $53.9M | $162.65M | $236.22M | $345.35M | $64.94M | $2.87M | $678K |
| Long-Term Assets | ||||||||
| Property, Plant & Equipment Net | $711.98M | $730.91M | $668.54M | $524.86M | $225.21M | $74.07M | $30.41M | $25.06M |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $9.17M | $0 | $0 | $0 | $266.08M | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $12.67M | $4.4M | $208.18M | $100.26M | $94.12M | $2.89M | $0 | $0 |
| Total Long-Term Assets | $724.65M | $744.49M | $876.73M | $625.12M | $319.33M | $343.04M | $30.41M | $25.06M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $922.67M | $798.38M | $1.04B | $861.34M | $664.68M | $407.98M | $33.28M | $25.74M |
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts Payable | $9.25M | $6.6M | $2.88M | $1.67M | $1.4M | $1.06M | $2.36M | $4.81M |
| Short-Term Debt | $17.08M | $23.29M | $9.15M | $0 | $0 | $122K | $6.9M | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $61.24M | $11.18M | $0 | $2.19M | $0 | $31.89M | $0 | $0 |
| Total Current Liabilities | $87.56M | $90.88M | $55.61M | $38.3M | $38.46M | $33.08M | $10.49M | $4.9M |
| Long-Term Liabilities | ||||||||
| Long-Term Debt | $706.75M | $323.36M | $507.4M | $233.51M | $232.51M | $262.15M | $13M | $14.64M |
| Long-Term Unearned Revenue | $5M | $5M | $5M | $5M | $5M | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $25.11M | $144.04M | $23.87M | $57.02M | $7.18M | $1M | $7.41M | $0 |
| Total Long-Term Liabilities | $789.21M | $527.06M | $563.53M | $312.15M | $244.69M | $263.15M | $20.41M | $14.64M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $876.78M | $617.94M | $619.14M | $350.45M | $283.15M | $296.23M | $30.9M | $19.54M |
| Stockholders' Equity | ||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $44K | $25.55M | $14.16M |
| Common Stock | $180K | $174K | $164K | $164K | $128K | $38K | $387K | $387K |
| Retained Earnings | -$815.94M | -$633.38M | -$344.24M | -$242.53M | -$157.78M | -$80.71M | -$27.72M | -$8.41M |
| Comprehensive Income & Other | -$305K | $78K | -$32K | -$641K | -$237K | $0 | $0 | $24K |
| Other Stockholders' Equity | $861.65M | $813.65M | $764.31M | $753.24M | $539.19M | $192.43M | $29.71M | $14.22M |
| Total Equity | $45.89M | $180.45M | $420.24M | $510.88M | $381.54M | $111.75M | $2.38M | $6.19M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $922.67M | $798.38M | $1.04B | $861.34M | $664.68M | $407.98M | $33.28M | $25.74M |
| Supplementary Data | ||||||||
| Total Debt | $776.18M | $404.42M | $543.8M | $250.13M | $232.51M | $262.27M | $19.9M | $14.64M |
| Net Debt | $619.48M | $388.74M | $470.39M | $186.24M | $199.09M | $197.78M | $19.75M | $14.54M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Operating Activities | ||||||||
| Net Income | -$182.56M | -$289.14M | -$101.72M | -$84.75M | -$77.5M | -$52.99M | -$19.31M | -$4.11M |
| Depreciation & Amortization | $33.67M | $34.71M | $18.86M | $5.21M | $2.28M | $1.9M | $900K | $4.11M |
| Deferred Income Tax | $970K | -$79K | $650K | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $14.94M | $11.65M | $11.83M | $10.84M | $22.64M | $5.63M | $4.05M | $24K |
| Changes in Working Capital: | ||||||||
| Accounts Receivable | -$2.01M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | -$1.28M | -$3.29M | -$4.48M | -$265K | $0 | $0 | $0 | $0 |
| Accounts Payable | $2.54M | $4.78M | $418K | $85K | -$293K | $234K | $1.03M | -$1.35M |
| Other Working Capital | $8.24M | -$11.43M | $9.27M | -$3.02M | -$6.43M | $14.32M | $284K | -$33K |
| Total Working Capital Change | $7.49M | -$9.95M | $5.21M | -$3.19M | -$6.72M | $14.55M | $1.31M | -$1.38M |
| Other Non-Cash Items | -$17.23M | $107.97M | -$29.74M | $6.41M | $4.8M | $12.97M | $6.74M | -$4.07M |
| Net Cash from Operating | -$142.74M | -$144.83M | -$94.91M | -$65.48M | -$54.51M | -$17.95M | -$6.31M | -$5.43M |
| Investing Activities | ||||||||
| Capital Expenditures | -$40.85M | -$55.58M | -$153.9M | -$287.19M | -$137.39M | -$29.81M | -$5.99M | -$11.12M |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$13.62M | -$30.59M | -$57.58M | -$192.39M | -$229.18M | $0 | $0 | $0 |
| Sales of Investments | $0 | $79.16M | $109.37M | $261.19M | $61M | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $110K | $0 |
| Net Cash from Investing | -$54.47M | -$7.01M | -$102.1M | -$218.39M | -$305.57M | -$29.81M | -$5.88M | -$11.12M |
| Financing Activities | ||||||||
| Debt Repaid | -$289.11M | $193.59M | -$284.51M | - | - | -$285.33M | -$1.6M | -$3.2M |
| Common Stock Issuance | $40.08M | $38.2M | $0 | $206.07M | $299.46M | $107.17M | $10.9M | $12.26M |
| Common Stock Repurchases | -$4.93M | -$1.62M | -$1.37M | -$1.64M | -$1.7M | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$525K | $26M | -$11.14M | $43.1M | -$4.39M | -$14.31M | -$249K | $1.19M |
| Net Cash from Financing | $323.73M | -$109.17M | $272M | $247.53M | $293.37M | $378.19M | $12.25M | $16.65M |
| Forex Effect | -$184K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $126.34M | -$261M | $74.99M | -$36.34M | -$66.72M | $330.42M | $49K | $101K |
| Supplementary Data | ||||||||
| Operating Cash Flow | -$142.74M | -$144.83M | -$94.91M | -$65.48M | -$54.51M | -$17.95M | -$6.31M | -$5.43M |
| Capital Expenditure | -$40.85M | -$55.58M | -$153.9M | -$287.19M | -$137.39M | -$29.81M | -$5.99M | -$11.12M |
| Free Cash Flow | -$183.59M | -$200.41M | -$248.81M | -$352.67M | -$191.9M | -$47.77M | -$12.31M | -$16.55M |
| Cash at Beginning | $32.34M | $302.51M | $227.52M | $263.86M | $330.57M | $150K | $101K | $0 |
| Cash at End | $158.68M | $41.51M | $302.51M | $227.52M | $263.86M | $330.57M | $150K | $101K |