ADURO CLEAN TECHNOLOGIES INC. (ADUR) Form 6-K — Oct 15, 2026
Aduro Clean Technologies reported Q1 FY2026 (three months ended August 31, 2026) net income of C$1,202,141 versus a year-ago loss of C$6,325,018, with EPS of C$0.034. The swing was driven almost entirely by a C$4,239,925 non-cash gain from the falling fair value of its US-dollar warrant derivative liability; revenue was nil and operating cash use was C$2,575,020. The company's liquidity improved substantially, with cash of C$65,751,811 and working capital of C$65,748,203 after closing a C$21.9M underwritten public offering and a C$9.2M private placement in June 2026, both priced at US$15.20 per share.
Key figures
- Eps
- 0.034
- Net Income
- 1202141
- Total Assets
- 75887072
- Cash Position
- 65751811
- Rd expense
- 1217955
- Gna expense
- 1464448
- Interest income
- 446972
- Working capital
- 65748203
- Quarterly revenue
- 0
- Prior year revenue
- 44500
- Shares outstanding
- 35704748
- Accumulated deficit
- 60688738
- Derivative fair value gain
- 4239925
- June 2026 public offering net proceeds
- 20357101
- June 2026 private placement net proceeds
- 8574774
AI analysis
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