Clean Energy Technologies IncClean Energy Technologies Inc
Clean Energy Technologies Inc

Clean Energy Technologies Inc

CETY
Industrials·Machinery

Clean Energy Technologies, Inc. engages in the provision of renewable and energy efficient products and solutions. It operates through the following segments: Clean Energy HRS & CETY Europe, CETY Renewables Waste to Energy Solutions, Engineering and Manufacturing Business, and CETY HK. The Clean Energy HRS segment includes waste heat recovery, waste to energy, China liquefied natural gas initiatives, and engineering and consulting services. The CETY Europe segment offers services to European countries. The Manufacturing and Engineering segment consists of the electronics manufacturing business. The company was founded by Kambiz Mahdi and Reza Zarif in July 1995 and is headquartered in Irvine, CA.

California; U.S.A
Market cap
No dataNo data
Revenue
$2.2M−10.8% YoY
Net income
$-6.8M−49.6% YoY
Free cash flow
$-7.9M−122.8% YoY

Market

Listed stock
CETYPriceNasdaq
Loading…Loading…1Y

Financial performance

Revenue
$2.2M−10.8% YoY
Operating income
$-2.6M+23.2% YoY
Net income
$-6.8M−49.6% YoY
Free cash flow
$-7.9M−122.8% YoY

Revenue, profit & cash trend

Revenue
Operating income
Net income
Free cash flow
Reference
Revenue: 2021 $1.3M, 2022 $2.7M, 2023 $15.1M, 2024 $2.4M, 2025 $2.2M. Operating income: 2021 $-1.6M, 2022 $-989.8K, 2023 $-2.7M, 2024 $-3.3M, 2025 $-2.6M. Net income: 2021 $297.6K, 2022 $147.4K, 2023 $-5.7M, 2024 $-4.6M, 2025 $-6.8M. Free cash flow: 2021 $-2.6M, 2022 $-2.2M, 2023 $-4.8M, 2024 $-3.6M, 2025 $-7.9M. Reference line: Reference at $0.

Growth & profitability

Revenue growth
-10.8%+7311 bps YoY
Gross margin
No dataNo data
Operating margin
No dataNo data
FCF margin
No dataNo data

Earnings power over time

Operating income
Net income
Free cash flow
Operating income: 2021-12-31 $-1.6M, 2022-12-31 $-989.8K, 2023-12-31 $-2.7M, 2024-12-31 $-3.3M, 2025-12-31 $-2.6M. Net income: 2021-12-31 $297.6K, 2022-12-31 $147.4K, 2023-12-31 $-5.7M, 2024-12-31 $-4.6M, 2025-12-31 $-6.8M. Free cash flow: 2021-12-31 $-2.6M, 2022-12-31 $-2.2M, 2023-12-31 $-4.8M, 2024-12-31 $-3.6M, 2025-12-31 $-7.9M

Growth heatmap

2022202320242025CAGR
Revenue
+104.8%
+467.5%
-84.0%
-10.8%
+13.5%
Gross profit
+92.4%
-7.1%
-22.4%
-29.6%
-0.6%
Operating income
+37.1%
-168.3%
-25.4%
+23.2%
No data
Free cash flow
+12.1%
-113.1%
+25.6%
-122.8%
No data

Earnings quality

Operating cash flow
$-7.9M−122.5% YoY
Net income
$-6.8M−49.6% YoY
Free cash flow
$-7.9M−122.8% YoY
Diluted EPS
No dataNo data

Cash conversion quality

Operating cash flow
Free cash flow
Net income = 100%
Operating cash flow: 2025-12-31 116%, 2024-12-31 78%, 2023-12-31 85%, 2022-12-31 -1523%, 2021-12-31 -858%. Free cash flow: 2025-12-31 117%, 2024-12-31 78%, 2023-12-31 85%, 2022-12-31 -1523%, 2021-12-31 -858%. Reference line: Net income = 100% at 100%.

Per-share economics

Diluted EPS
Latest
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FCF / share
Latest
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Diluted shares
Latest
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Financial flexibility

Cash & equivalents
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Total debt
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Net debt
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Current ratio
No dataNo data

Cash Coverage of Debt

Cash / Total debt
No data

Returns

Return on equity
No dataNo data
Return on assets
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Return on invested capital
No dataNo data
Asset turnover
No dataNo data

Return on capital

No data

Valuation

Price to earnings
No dataNo data
Price to sales
No dataNo data
EV / EBITDA
No dataNo data
Free cash flow yield
No dataNo data

Valuation vs its own 5Y history

Metric
Own five-year range
Current
Own 5Y median
Position in own range
Price to earnings
No data
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Price to sales
No data
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EV / EBITDA
No data
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Free cash flow yield
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