Clean Energy Technologies, Inc.CETYEarnings & Financial Report
Bloom Energy is an American public company that designs and manufactures solid oxide fuel cells (SOFCs) which independently produce electricity onsite for power generation in data centers, manufacturing, and other commercial sectors. Founded in 2001 and headquartered in San Jose, California; its fuel cell technology generates electricity through a chemical conversion process, which differs from most other power sources reliant on combustion, and can use natural gas, biogas or hydrogen as fuel...
Revenue
$2.7M
Gross Profit
$423.9K
Operating Profit
$-376.7K
Net Profit
$-757.6K
Gross Margin
15.6%
Operating Margin
-13.8%
Net Margin
-27.8%
YoY Growth
55.8%
EPS
$-0.02
Clean Energy Technologies, Inc. Q2 FY2023 Financial Summary
Clean Energy Technologies, Inc. reported revenue of $2.7M (up 55.8% YoY) for Q2 FY2023, with a net profit of $-757.6K (down 118.4% YoY) (-27.8% margin). Cost of goods sold was $2.3M, operating expenses totaled $800.6K.
Key Financial Metrics
| Total Revenue | $2.7M |
|---|---|
| Net Profit | $-757.6K |
| Gross Margin | 15.6% |
| Operating Margin | -13.8% |
| Report Period | Q2 FY2023 |
Clean Energy Technologies, Inc. Annual Revenue by Year
Clean Energy Technologies, Inc. annual revenue history includes year-by-year totals (for example, 2023 revenue was $6.7M).
| Year | Annual Revenue |
|---|---|
| 2023 | $6.7M |
Clean Energy Technologies, Inc. Quarterly Revenue & Net Profit History
Clean Energy Technologies, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2025 | $773.6K | +228.9% | $-2.1M | -271.8% |
| Q1 FY2025 | $791.9K | -47.7% | $-331.2K | -41.8% |
| Q4 FY2024 | $480.3K | -66.1% | $-865.6K | -180.2% |
| Q1 FY2024 | $1.5M | +174.2% | $-1.4M | -93.8% |
| Q4 FY2023 | $1.4M | +1380.5% | $-3.1M | -219.5% |
| Q3 FY2023 | $2.0M | +4390.8% | $-721.4K | -36.0% |
| Q2 FY2023 | $2.7M | +55.8% | $-757.6K | -27.8% |
| Q1 FY2023 | $551.9K | -28.8% | $-1.1M | -194.6% |
Income Statement
| Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q4 2024 | Q1 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $551869 | $2.7M | $2.0M | $1.4M | $1.5M | $480324 | $791940 | $773554 |
| YoY Growth | -28.8% | 55.8% | 4390.8% | 1380.5% | 174.2% | -66.1% | -47.7% | 228.9% |
Balance Sheet
| Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q4 2024 | Q1 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $12.1M | $10.8M | $11.1M | $10.9M | $9.0M | $9.5M | $10.1M | $14.8M |
| Liabilities | $6.1M | $5.1M | $5.7M | $5.1M | $4.6M | $6.6M | $7.1M | $7.7M |
| Equity | $5.3M | $5.1M | $4.7M | $5.1M | $4.4M | $2.9M | $3.0M | $7.1M |
Cash Flow
| Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q4 2024 | Q1 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-641092 | $-2.0M | $-1.2M | $-940845 | $-871636 | $-772343 | $-776047 | $-4.7M |