CHAR Technologies Ltd. (CTRNF)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
CHAR Technologies Ltd. (CTRNF) trades at $0.20 with AI Score 41/100 (Grade C). CHAR Technologies Ltd. focuses on converting organic waste into clean energy and biocarbon products. Market cap: $30.15M, Sector: Industrials.
Price live · AI analysis from Mar 16, 2026Analyst Coverage for CTRNF: CTRNF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates CTRNF against Industrials peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
CTRNF: the 1 perspectives are evenly split.
How is this calculated? →CHAR Technologies Ltd. (CTRNF) Industrial Operations Profile
CHAR Technologies Ltd. is a cleantech company specializing in converting organic waste into clean energy and biocarbon products, including SulfaCHAR and Cleanfyre. Serving food and beverage, industrial, and renewable gas sectors, they offer environmental compliance and resource efficiency services, positioning them in the evolving waste management landscape.
What Is the Investment Thesis for CTRNF?
CHAR Technologies Ltd. presents an investment case centered on the growing demand for sustainable waste management and clean energy solutions. Key value drivers include the increasing adoption of SulfaCHAR and Cleanfyre by industrial clients seeking to reduce their carbon footprint and comply with environmental regulations. The company's ability to convert organic waste into valuable biocarbon products positions it favorably in the circular economy. However, investors may want to evaluate the company's negative profit margin of -20.7% and the competitive landscape within the waste management sector. The company's beta of 0.48 suggests lower volatility compared to the market. Successful commercialization of its technologies and expansion into new markets are crucial for future growth.
Based on FMP financials and quantitative analysis
CTRNF Key Highlights
- Market Cap of $30.15M indicating a small-cap company with potential for growth.
- P/E ratio of -65.06 reflecting current losses, but potentially indicating future earnings growth.
- Gross Margin of 19.7% showing the profitability of products before operating expenses.
- Beta of 0.48 suggesting lower volatility compared to the overall market.
- Focus on converting organic waste into clean energy and biocarbon products, aligning with growing environmental concerns.
Who Are CTRNF's Competitors?
CTRNF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| AUSI Aura Systems, Inc. | $0.13 | +0.00% | $17.67M | 49 |
| GCEI Global Clean Energy, Inc. | $0.03 | +3.75% | $18.29M | 42 |
| NHHHF FuelPositive Corporation | $0.02 | -1.05% | $11.96M | 42 |
| NRPI NRP Stone Inc. | $0.09 | +2.60% | $32.21M | 63 |
| ECLMF Ecolomondo Corporation | $0.08 | -0.00% | $17.55M | 63 |
| VCIGF Vitreous Glass Inc. | $4.61 | +0.00% | $29.31M | 56 |
| YDDL One and one Green Technologies. Inc | $2.11 | +1.00% | $96.74M | 56 |
| SCPJ Scope Industries | $325.00 | +8.33% | $297.71M | 55 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are CTRNF's Key Strengths?
- Proprietary technology for converting organic waste into clean energy and biocarbon products.
- Focus on sustainable solutions that align with growing environmental concerns.
- Diverse service offerings including environmental compliance, site remediation, and engineering.
- Established relationships with industrial customers and renewable energy developers.
What Are CTRNF's Weaknesses?
- Negative profit margin indicating current financial challenges.
- Small market capitalization limiting access to capital.
- Reliance on specific technologies that may face competition or obsolescence.
- Limited geographic presence compared to larger competitors.
What Could Drive CTRNF Stock Higher?
- Increasing adoption of SulfaCHAR by wastewater treatment plants.
- Expansion of Cleanfyre sales to industrial users seeking to reduce emissions.
- Potential partnerships with new renewable gas projects in the next 1-2 years.
- Geographic expansion into European markets within the next 3-5 years.
- Development of advanced biocarbon products for specialized industries.
What Are the Key Risks for CTRNF?
- Financial-distress signal — its Altman Z-Score of 1.70 sits in the distress zone (elevated bankruptcy risk).
- Negative return on equity (-6.9%) — the business is not currently generating profit on shareholder capital.
- Weak fundamentals — a Piotroski F-Score of 3/9 flags soft profitability, leverage or efficiency.
- Competition from larger waste management companies with greater resources.
- Changes in environmental regulations that could impact the demand for specific technologies.
- Negative profit margin indicating current financial challenges.
- Fluctuations in commodity prices affecting the profitability of biocarbon products.
- Limited liquidity due to OTC market listing.
What Are the Growth Opportunities for CTRNF?
- Expansion of SulfaCHAR into Wastewater Treatment: The market for wastewater treatment is expanding due to stricter environmental regulations and increasing industrial activity. SulfaCHAR's ability to capture hydrogen sulfide positions CHAR Technologies to capitalize on this growth by targeting wastewater treatment plants and industrial facilities requiring odor control and emissions reduction. This expansion could significantly increase revenue within the next 2-3 years.
- Adoption of Cleanfyre by Industrial Users: With increasing pressure on industries to reduce greenhouse gas emissions, Cleanfyre offers a viable alternative to fossil coal. Targeting large industrial users such as power plants and manufacturing facilities, CHAR Technologies can drive adoption of Cleanfyre by demonstrating its cost-effectiveness and environmental benefits. This transition could unfold over the next 3-5 years as industries seek to meet sustainability targets.
- Strategic Partnerships with Renewable Gas Projects: Collaborating with renewable gas projects provides CHAR Technologies with access to organic waste streams and opportunities to integrate its biocarbon production technologies. By partnering with renewable gas developers, the company can secure feedstock supply and expand its market reach within the renewable energy sector. These partnerships can be established within the next 1-2 years.
- Geographic Expansion into New Markets: Expanding operations into new geographic markets, such as Europe and Asia, presents a significant growth opportunity for CHAR Technologies. These regions are experiencing increasing demand for sustainable waste management solutions and offer favorable regulatory environments for cleantech companies. Entry into these markets could occur over the next 3-5 years through strategic partnerships or direct investment.
- Development of Advanced Biocarbon Products: Investing in research and development to create advanced biocarbon products with enhanced properties and applications can drive future growth. By developing specialized biocarbons for specific industries, such as agriculture and construction, CHAR Technologies can differentiate itself from competitors and capture higher value markets. This product development cycle could yield new revenue streams within the next 2-4 years.
What Opportunities Does CTRNF Have?
- Expansion into new geographic markets with increasing demand for sustainable waste management.
- Strategic partnerships with renewable energy projects to secure feedstock and expand market reach.
- Development of advanced biocarbon products for specialized industries.
- Increasing adoption of Cleanfyre by industrial users seeking to reduce greenhouse gas emissions.
What Threats Does CTRNF Face?
- Competition from larger waste management companies with greater resources.
- Changes in environmental regulations that could impact the demand for specific technologies.
- Fluctuations in commodity prices affecting the profitability of biocarbon products.
- Economic downturns that could reduce industrial activity and demand for waste management services.
What Are CTRNF's Competitive Advantages?
- Proprietary technology for converting organic waste into valuable biocarbon products.
- Established relationships with industrial customers and renewable energy developers.
- Expertise in environmental compliance and waste management regulations.
- Focus on sustainable solutions that align with growing environmental concerns.
What Does CTRNF Do?
Founded in 2011 and headquartered in Toronto, Canada, CHAR Technologies Ltd. operates as a cleantech development and services company focused on converting organic waste into clean energy and biocarbon products. The company's core offerings include SulfaCHAR, an activated biochar designed to capture hydrogen sulfide, and Cleanfyre, a bio coal alternative to fossil coal aimed at reducing greenhouse gas emissions for industrial users. Additionally, CHAR Technologies provides equipment for industrial water treatment and a range of environmental services, including compliance and management, site investigation and remediation, engineering, and resource efficiency consulting. CHAR Technologies serves a diverse customer base across the food and beverage, industrial, and renewable gas project sectors, providing solutions for waste management and emissions reduction. The company's focus on innovative technologies positions it within the growing market for sustainable waste management solutions.
What Products and Services Does CTRNF Offer?
- Converts organic waste into clean energy and biocarbon products.
- Offers SulfaCHAR, an activated biochar for capturing hydrogen sulfide.
- Provides Cleanfyre, a bio coal alternative to fossil coal for reducing greenhouse gas emissions.
- Supplies equipment for industrial water treatment.
- Offers environmental compliance and management services.
- Conducts site investigation and remediation.
- Provides engineering and resource efficiency services.
How Does CTRNF Make Money?
- Generates revenue through the sale of SulfaCHAR and Cleanfyre to industrial customers.
- Provides environmental consulting and engineering services on a project basis.
- Sells equipment for industrial water treatment.
- Forms strategic partnerships with renewable energy projects to secure feedstock and expand market reach.
What Industry Does CTRNF Operate In?
CHAR Technologies Ltd. operates within the waste management industry, which is experiencing growth due to increasing environmental regulations and a focus on sustainability. The market is competitive, with companies like AUSI, GCEI, GTII, NHHHF, and NRPI offering various waste management and environmental solutions. CHAR Technologies differentiates itself through its focus on converting organic waste into clean energy and biocarbon products, addressing the demand for sustainable alternatives to traditional waste disposal methods. The industry is expected to continue growing as businesses and governments prioritize reducing their environmental impact.
Who Are CTRNF's Key Customers?
- Food and beverage companies seeking waste management solutions.
- Industrial facilities looking to reduce greenhouse gas emissions.
- Renewable gas projects requiring organic waste processing.
- Municipalities and government agencies needing environmental compliance services.
CHAR Technologies Ltd. Financial Trajectory
CHAR Technologies Ltd. (CTRNF) reported $702K in revenue for Q1 2026, reflecting 16.2% growth compared to the prior quarter. The company recorded a net loss of $1.4M, with diluted EPS of $-0.01. Quarter-over-quarter revenue has been mixed, typical for a micro-cap company operating in Industrials. Across the four most recent quarters, CTRNF averaged $-0.00 in diluted EPS.
Company Profile
CHAR Technologies Ltd. operates in the Waste Management industry within the Industrials sector. It is headquartered in North York, CA. The company is led by CEO Andrew White. CTRNF has traded publicly since 2021.
How CHAR Technologies Ltd. Is Valued
CHAR Technologies Ltd. carries a market capitalization of $30.15M, placing it in the micro-cap category. Relative to its peer group, CTRNF's quantitative score of 41/100 is below the peer average of 52/100.
ROE -7%Key Financial Metrics
Return on equity for CHAR Technologies Ltd. stands at -6.9%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -2.7%, showing how much profit it generates from its asset base. Its free cash flow yield is -15.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.06 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is -0.8%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 3/9Financial Health
CHAR Technologies Ltd.'s Piotroski F-Score is 3/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of 1.70 places it in the distress zone, a signal of elevated financial risk.
FY2026 estForward Outlook
Wall Street analysts project CHAR Technologies Ltd. revenue of about $2.8M for fiscal 2026, with EPS near $-0.04.
CTRNF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Proprietary technology for converting organic waste into clean energy and biocarbon products.
- Focus on sustainable solutions that align with growing environmental concerns.
- Diverse service offerings including environmental compliance, site remediation, and engineering.
- Established relationships with industrial customers and renewable energy developers.
Bear Case
- Negative profit margin indicating current financial challenges.
- Small market capitalization limiting access to capital.
- Reliance on specific technologies that may face competition or obsolescence.
- Limited geographic presence compared to larger competitors.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $702,136 | -$1M | -$0.01 |
| Q4 2025 | $604,122 | -$1M | -$0.01 |
| Q3 2025 | $626,991 | $4M | $0.03 |
| Q2 2025 | $437,806 | -$2M | -$0.02 |
Based on FMP financials and quantitative analysis
CTRNF Latest News
No recent news available for CTRNF.
CTRNF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for CTRNF.
Price Targets
Wall Street price target analysis for CTRNF.
CTRNF MoonshotScore
What does this score mean?
The MoonshotScore rates CTRNF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Classification
Industry Waste ManagementLeadership: Andrew White
CEO
Andrew White serves as the CEO of CHAR Technologies Ltd. His background includes experience in the cleantech sector, with a focus on developing and commercializing sustainable technologies. He has held various leadership roles in companies focused on renewable energy and environmental solutions. White's expertise lies in strategic planning, business development, and technology innovation within the cleantech industry.
Track Record: Under Andrew White's leadership, CHAR Technologies Ltd. has focused on expanding its product offerings and securing partnerships with key industrial customers. He has overseen the development and commercialization of SulfaCHAR and Cleanfyre, driving adoption of these technologies in the waste management and renewable energy sectors. His strategic decisions have positioned the company for growth in the evolving cleantech landscape.
CTRNF OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that CHAR Technologies Ltd. may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies on the OTC Other tier may have limited financial disclosure, making it more difficult for investors to assess their financial health and performance compared to companies listed on major exchanges like the NYSE or NASDAQ. This tier often includes companies with limited operating history or those facing financial distress.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited financial disclosure compared to companies listed on major exchanges.
- Lower trading volumes and wider bid-ask spreads, leading to potential liquidity issues.
- Increased price volatility due to limited market participation.
- Potential for fraud or manipulation due to less stringent regulatory oversight.
- Higher risk of delisting or going out of business compared to companies on higher tiers.
- Verify the company's financial statements and audit reports.
- Research the company's management team and their track record.
- Assess the company's business model and competitive landscape.
- Review the company's filings with the SEC or other regulatory agencies.
- Check for any legal or regulatory issues involving the company.
- Monitor the company's news and press releases for any significant developments.
- Consult with a financial advisor before making any investment decisions.
- The company has been in operation since 2011, indicating a track record of business activity.
- CHAR Technologies has a clear business model focused on converting organic waste into clean energy and biocarbon products.
- The company serves customers in the food and beverage, industrial, and renewable gas sectors, suggesting market traction.
- CHAR Technologies offers proprietary technologies like SulfaCHAR and Cleanfyre, potentially providing a competitive advantage.
CHAR Technologies Ltd. Industrials Stock: Key Questions Answered
What does CHAR Technologies Ltd. do?
CHAR Technologies Ltd. is a cleantech company focused on converting organic waste into clean energy and biocarbon products. It offers solutions like SulfaCHAR, an activated biochar designed to capture hydrogen sulfide, and Cleanfyre, a bio coal alternative to fossil coal for industrial users. The company also provides environmental compliance and management, site investigation and remediation, engineering, and resource efficiency services, serving customers in the food and beverage, industrial, and renewable gas sectors.
What are the main risks for CTRNF?
The main risks for CHAR Technologies Ltd. include its negative profit margin, indicating current financial challenges. Competition from larger waste management companies with greater resources poses a threat. Changes in environmental regulations could impact the demand for specific technologies. Fluctuations in commodity prices may affect the profitability of biocarbon products. Additionally, the company's OTC market listing results in limited liquidity and increased price volatility.
What are the key factors to evaluate for CTRNF?
CHAR Technologies Ltd. (CTRNF) holds an AI score of 41/100 (low). Not financial advice.
How frequently does CTRNF data refresh on this page?
CTRNF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven CTRNF's recent stock price performance?
CHAR Technologies Ltd. (CTRNF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Proprietary technology for converting organic waste into clean energy and biocarbon products. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider CTRNF overvalued or undervalued right now?
Valuing CHAR Technologies Ltd. (CTRNF) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying CTRNF?
Before investing in CHAR Technologies Ltd. (CTRNF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Why might investors consider adding CTRNF to a portfolio?
Key strength of CHAR Technologies Ltd. (CTRNF): Proprietary technology for converting organic waste into clean energy and biocarbon products. Weigh rewards against risks and diversify. Not financial advice.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- OTC market data may have limited availability and reliability.
- Financial data is based on the most recent available information.
- AI analysis is pending and may provide additional insights.