ECOPLUS INC (ECPL)
EcoPlus, Inc. provides a solution for managing fats, oils, and grease (FOG) from food service establishments and food processors. Its process technology converts sticky fats, oils, and grease along with incorporated food matter into a solid, granular material that is used as a soil amending agent in agricultural applications. The company’s technology is used in combined energy and waste heat plants, conventional steam plants, and cement plants. It markets primarily to cities, counties, and wastewater agencies who have issues with excessive FOG uptake into their wastewater operations. The company was founded in 2004 and is based in Salem, Massachusetts.
Sector: Services-Misc Health & Allied Services, NEC
Industry: Environmental Services
EcoPlus, Inc.
OTC:ECPLIndustrials · Environmental Services
Mkt Cap-
Float-
O/S29.23M
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income$0
Total Assets$3K
Free Cash Flow$0
Debt & Equity
Debt 2%
Equity 98%
Preferred 0%
Total Debt$50
Total Equity$3K
Preferred Stock$6
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in ECPL's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$3K
Liabilities$50
Accounts Receivable$0
Accounts Payable$0
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$3K
Income Statement
| Period | FY 2024 | FY 2023 | FY 2022 | FY 2010 | FY 2009 | FY 2008 | FY 2006 | FY 2005 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2010-10-31 | 2009-10-31 | 2008-10-31 | 2006-10-31 | 2005-10-31 |
| Revenue | $0 | $0 | $0 | $21K | $84K | $84K | $84K | $170K |
| YoY Growth | - | - | - | -75.0% | 0.0% | 0.0% | -50.6% | - |
| Cost of Revenue | $0 | $0 | $0 | $0 | $16K | $0 | $0 | $0 |
| Gross Profit | $0 | $0 | $0 | $0 | $68K | $0 | $0 | $0 |
| Gross Margin | - | - | - | - | 80.5% | - | - | - |
| Research and Development | $0 | $0 | $0 | $23K | $91K | $94K | $0 | $0 |
| Selling, General, and Administrative | $0 | $50K | $50K | $2.29M | $1.85M | $1.67M | $1.17M | $4K |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $0 | $50K | $50K | $2.31M | $1.94M | $1.77M | $1.17M | $4K |
| Operating Income (EBIT) | $0 | -$50K | -$50K | -$2.3M | -$1.87M | -$1.7M | -$1.09M | $166K |
| Operating Margin | - | - | - | -10975.2% | -2228.1% | -2024.2% | -1303.0% | 97.7% |
| Interest Expense | $0 | $0 | $0 | $350K | $330K | $117K | $3K | $0 |
| Interest Income | $0 | $0 | $0 | $15K | $57K | $9K | $0 | $0 |
| Other Income (Expense) | $0 | $0 | $0 | -$336K | -$303K | -$223K | -$3K | -$15K |
| Income Before Tax (EBT) | $0 | -$50K | -$50K | -$2.64M | -$2.17M | -$1.92M | -$1.1M | $151K |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $50K |
| Net Income | $0 | -$50K | -$50K | -$2.64M | -$2.17M | -$1.92M | -$1.1M | $101K |
| Net Income Margin | - | - | - | -12575.3% | -2588.4% | -2289.1% | -1306.6% | 59.5% |
| Supplementary Data | ||||||||
| EPS | 0.00 | 0.00 | 0.00 | -0.14 | -13469387.00 | -8919567.00 | -12088835.00 | 121439375750.00 |
| Diluted EPS | 0.00 | 0.00 | 0.00 | -0.14 | -13469387.00 | -8919567.00 | -12088835.00 | 121439375750.00 |
| Weighted Average OS | 4.04B | 1.57B | 4.04B | 20.00M | 0.161 | 0.216 | 0.091 | 0 |
| EBITDA | $0 | -$50K | -$50K | -$2.27M | -$1.83M | -$1.79M | -$1.09M | $151K |
| EBITDA Margin | - | - | - | -10831.7% | -2175.8% | -2128.7% | -1297.9% | 88.9% |
Balance Sheet
| Period | FY 2024 | FY 2023 | FY 2022 | FY 2010 | FY 2009 | FY 2008 | FY 2006 | FY 2005 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2010-10-31 | 2009-10-31 | 2008-10-31 | 2006-10-31 | 2005-10-31 |
| Assets | ||||||||
| Current Assets | ||||||||
| Cash and Cash Equivalents | $0 | $0 | $0 | $5K | $4K | $10K | $26K | $882 |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $0 | $0 | $0 | $5K | $4K | $10K | $26K | $882 |
| Accounts Receivable | $0 | $0 | $0 | $0 | $1.6M | $1.56M | $331K | $159K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $102K | $132K | $73K | $0 | $0 |
| Total Current Assets | $0 | $0 | $0 | $107K | $1.74M | $1.65M | $382K | $160K |
| Long-Term Assets | ||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $19K | $23K | $32K | $47K | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $3K | $0 | $0 | $79K | $86K | $87K | $94K | $140K |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $0 | $0 | $0 | $1 | $0 | $0 | $1K |
| Total Long-Term Assets | $3K | $0 | $0 | $98K | $109K | $119K | $141K | $141K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $3K | $0 | $0 | $205K | $1.85M | $1.76M | $523K | $301K |
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts Payable | $0 | $0 | $0 | $1.56M | $1.56M | $1.34M | $23K | $129K |
| Short-Term Debt | $50 | $0 | $0 | $972K | $1.12M | $869K | $0 | $17K |
| 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 | $0 | $0 | $0 | $637K | $371K | $97K | $40K | $4K |
| Total Current Liabilities | $50 | $0 | $0 | $3.52M | $3.19M | $2.33M | $63K | $200K |
| Long-Term Liabilities | ||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $50 | $0 | $0 | $3.52M | $3.19M | $2.33M | $63K | $200K |
| Stockholders' Equity | ||||||||
| Preferred Stock | $6 | $5 | $0 | $1 | $2K | $2K | $0 | $0 |
| Common Stock | $0 | $0 | $404 | $4K | $244K | $240K | $113K | $1 |
| Retained Earnings | -$4K | -$4K | -$4K | -$7.3M | -$4.66M | -$2.49M | -$1.1M | $101K |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | -$1K | -$1K |
| Other Stockholders' Equity | $7K | - | - | $3.98M | $3.07M | $1.68M | $1.44M | -$1 |
| Total Equity | $3K | $0 | $0 | -$3.32M | -$1.34M | -$567K | $460K | $101K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $3K | $0 | $0 | $205K | $1.85M | $1.76M | $523K | $301K |
| Supplementary Data | ||||||||
| Total Debt | $50 | $0 | $0 | $972K | $1.12M | $869K | $0 | $17K |
| Net Debt | $50 | $0 | $0 | $967K | $1.12M | $859K | -$26K | $16K |
Cash Flow Statement
| Period | FY 2024 | FY 2023 | FY 2022 | FY 2010 | FY 2009 | FY 2008 | FY 2006 | FY 2005 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2010-10-31 | 2009-10-31 | 2008-10-31 | 2006-10-31 | 2005-10-31 |
| Operating Activities | ||||||||
| Net Income | $0 | -$50 | -$50 | -$2.64M | -$2.17M | -$1.92M | -$1.1M | $101K |
| Depreciation & Amortization | $0 | $0 | $0 | $16K | $16K | $17K | $4K | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $50 | $50 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||
| Accounts Receivable | $0 | $0 | $0 | -$12K | -$60K | $318K | -$84K | -$159K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | -$29K | $229K | $1.13M | -$106K | $133K |
| Other Working Capital | $50 | $0 | $0 | $612K | $373K | $101K | -$40K | $0 |
| Total Working Capital Change | $50 | $0 | $0 | $571K | $542K | $1.55M | -$229K | -$26K |
| Other Non-Cash Items | $0 | $0 | $0 | $1.83M | $1.4M | $33K | $962K | -$91K |
| Net Cash from Operating | $50 | $0 | $0 | -$225K | -$216K | -$319K | -$361K | -$16K |
| Investing Activities | ||||||||
| Capital Expenditures | -$51 | $0 | $0 | -$6K | -$6K | -$12K | -$51K | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $1K | -$39K | -$721K | $0 | $0 |
| Net Cash from Investing | -$51 | $0 | $0 | -$4K | -$45K | -$733K | -$51K | $0 |
| Financing Activities | ||||||||
| Debt Repaid | -$50 | - | - | - | - | - | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $67K | $0 | $158K | $366K | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $88K | $0 |
| Net Cash from Financing | $50 | $0 | $0 | $164K | $255K | $1M | $437K | $17K |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $882 |
| Supplementary Data | ||||||||
| Operating Cash Flow | $50 | $0 | $0 | -$225K | -$216K | -$319K | -$361K | -$16K |
| Capital Expenditure | -$51 | $0 | $0 | -$5K | -$829 | -$2K | -$51K | $0 |
| Free Cash Flow | $0 | $0 | $0 | -$230K | -$217K | -$321K | -$412K | -$16K |
| Cash at Beginning | $0 | $0 | $0 | $4K | $10K | $26K | $882 | $0 |
| Cash at End | $0 | $0 | $0 | $5K | $4K | $10K | $26K | $882 |