Clean Energy Technologies, Inc. (CETY) 10-Year Financial Performance & Capital Metrics

CETY • • Industrial / General

IndustrialsIndustrial MachineryEnvironmental & Emissions ControlWaste-to-Energy Solutions

AboutClean Energy Technologies, Inc. designs, produces, and markets clean energy products and integrated solutions that focuses on energy efficiency and renewable. The company operates through three segments: Clean Energy Solutions, CETY Europe, and Electronic Manufacturing Business. Its principal product is the Clean Cycle, which generates electricity by recycling wasted heat produced in manufacturing, waste to energy and power generation facilities. The company also converts waste products created in manufacturing, agriculture, wastewater treatment plants, and other industries to electricity, renewable natural gas, hydrogen, and bio char. In addition, it offers a range of electrical, mechanical, software engineering, consulting, and project management solutions, as well as supply chain management services. The company was formerly known as Probe Manufacturing, Inc. and changed its name to Clean Energy Technologies, Inc. in November 2015. The company was incorporated in 1995 and is headquartered in Costa Mesa, California. Clean Energy Technologies, Inc. is a subsidiary of MGW Investments I Limited.Show more

Revenue $2M -84.0%
EBITDA -$3M -18.6%
Net Income -$4M +22.0%
EPS (Diluted) -1.49 +33.9%
Gross Margin 34.91% +384.0%
EBITDA Margin -127.95% -639.0%
Operating Margin -128.38% -630.7%
Net Margin -182.14% -386.4%
ROE -100.28% +31.5%
ROIC -29.13% -9.5%
Debt/Equity 1.48 +177.9%
Interest Coverage -2.60 -109.0%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Trading at only 1.0x book value

✗Weaknesses

✗Weak Piotroski F-Score: 3/9
✗Negative free cash flow
✗Weak momentum: RS Rating 2 (bottom 2%)
✗Shares diluted 16.0% in last year
✗Trading more than 30% below 52-week high
✗Low asset turnover indicates capital-intensive operations

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-3.7%

5Y8.53%

3Y23.08%

TTM-57.4%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM34.09%

EPS CAGR

10Y-

5Y-

3Y-

TTM52.72%

ROCE

10Y Avg-130.34%

5Y Avg-84.55%

3Y Avg-90.34%

Latest-67.71%

Peer Comparison

Waste-to-Energy Solutions

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
CETYClean Energy Technologies, Inc.	9.12M	1.01	-0.68	-83.96%	-192.28%	-61.84%		1.48
BWBabcock & Wilcox Enterprises, Inc.	923.24M	8.31	-10.13	-1.37%	-20.07%

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	2.36M	2.05M	957.63K	1.33M	1.61M	1.41M	1.3M	2.66M	15.11M	2.42M
Revenue Growth %	-0.33%	-0.13%	-0.53%	0.39%	0.21%	-0.13%	-0.08%	1.05%	4.67%	-0.84%
Cost of Goods Sold+	1.69M	1.28M	544.75K	810.49K	952.78K	654.94K	690.03K	1.49M	14.02M	1.58M
COGS % of Revenue	0.72%	0.63%	0.57%	0.61%	0.59%	0.47%	0.53%	0.56%	0.93%	0.65%
Gross Profit+	668.9K	764.32K	412.88K	520.68K	657.23K	751.07K	610.41K	1.17M	1.09M	846.55K
Gross Margin %	0.28%	0.37%	0.43%	0.39%	0.41%	0.53%	0.47%	0.44%	0.07%	0.35%
Gross Profit Growth %	-0.16%	0.14%	-0.46%	0.26%	0.26%	0.14%	-0.19%	0.92%	-0.07%	-0.22%
Operating Expenses+	2.42M	2.04M	1.62M	2.04M	1.98M	1.73M	2.18M	2.16M	3.75M	3.96M
OpEx % of Revenue	1.03%	1%	1.69%	1.54%	1.23%	1.23%	1.68%	0.81%	0.25%	1.63%
Selling, General & Admin	2.42M	2.04M	1.62M	2.04M	1.7M	1.61M	2.01M	1.97M	3.31M	3.76M
SG&A % of Revenue	1.03%	1%	1.69%	1.54%	1.05%	1.14%	1.54%	0.74%	0.22%	1.55%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	287.51K	119.2K	177.46K	196.1K	432.03K	194.78K
Operating Income+	-1.75M	-1.28M	-1.2M	-1.52M	-1.33M	-976.33K	-1.57M	-989.75K	-2.66M	-3.11M
Operating Margin %	-0.74%	-0.62%	-1.26%	-1.14%	-0.82%	-0.69%	-1.21%	-0.37%	-0.18%	-1.28%
Operating Income Growth %	-0.82%	0.27%	0.06%	-0.27%	0.13%	0.26%	-0.61%	0.37%	-1.68%	-0.17%
EBITDA+	-1.71M	-1.24M	-1.16M	-1.47M	-1.28M	-943.41K	-1.54M	-959.67K	-2.62M	-3.1M
EBITDA Margin %	-0.73%	-0.6%	-1.21%	-1.11%	-0.8%	-0.67%	-1.18%	-0.36%	-0.17%	-1.28%
EBITDA Growth %	-0.85%	0.28%	0.06%	-0.27%	0.13%	0.27%	-0.63%	0.38%	-1.73%	-0.19%
D&A (Non-Cash Add-back)	42.12K	41.44K	42.81K	52.44K	41.44K	32.91K	32.29K	30.08K	38.57K	10.42K
EBIT	-2.22M	-1.38M	-1.77M	-1.41M	-1.24M	-2.11M	1.05M	1.29M	-3.37M	-3.22M
Net Interest Income+	-385.14K	-440.53K	-1.15M	-1.4M	-1.32M	-1.33M	-769.37K	-1.13M	-2.14M	-1.2M
Interest Income	0	-17.99K	0	0	0	0	0	0	0	0
Interest Expense	353.48K	422.54K	444.61K	862.54K	1.32M	1.33M	769.37K	1.13M	2.14M	1.2M
Other Income/Expense	-817.32K	-422.93K	-1.01M	-1.29M	-1.1M	-2.2M	1.85M	1.16M	-2.85M	-1.3M
Pretax Income+	-2.57M	-1.7M	-2.21M	-2.81M	-2.56M	-3.44M	278.49K	165.68K	-5.51M	-4.42M
Pretax Margin %	-1.09%	-0.83%	-2.31%	-2.11%	-1.59%	-2.44%	0.21%	0.06%	-0.36%	-1.82%
Income Tax+	353.48K	0	0	0	0	0	0	18.28K	22.17K	0
Effective Tax Rate %	1%	1%	1%	1%	1.52%	1.39%	-1.69%	0.89%	1.03%	1%
Net Income+	-2.57M	-1.7M	-2.21M	-2.81M	-3.87M	-4.76M	-471.82K	147.4K	-5.66M	-4.42M
Net Margin %	-1.09%	-0.83%	-2.31%	-2.11%	-2.41%	-3.39%	-0.36%	0.06%	-0.37%	-1.82%
Net Income Growth %	-1.08%	0.34%	-0.3%	-0.27%	-0.38%	-0.23%	0.9%	1.31%	-39.4%	0.22%
Net Income (Continuing)	-2.57M	-1.7M	-2.21M	-2.81M	-2.56M	-3.44M	278.49K	147.4K	-5.53M	-4.42M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	-19.06K	-19.06K	757.22K	0
EPS (Diluted)+	-25.95	-7.20	-6.60	-3.00	-3.60	-3.75	-0.32	0.07	-2.25	-1.49
EPS Growth %	0.09%	0.72%	0.08%	0.55%	-0.2%	-0.04%	0.92%	1.23%	-32.25%	0.34%
EPS (Basic)	-25.95	-7.20	-6.60	-3.00	-3.60	-3.75	-0.32	0.08	-2.25	-1.49
Diluted Shares Outstanding	99.31K	237.62K	334.27K	922.26K	1.07M	1.28M	1.5M	2.06M	2.56M	2.97M
Basic Shares Outstanding	99.31K	237.62K	334.27K	922.26K	1.07M	1.28M	1.5M	1.85M	2.56M	2.97M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	1.69M	1.29M	1.34M	1.44M	2.14M	1.46M	2.61M	3.99M	6.75M	3.2M
Cash & Short-Term Investments	4.2K	6.44K	9.42K	6.46K	7.41K	414.88K	1.19M	985.03K	174.85K	62.1K
Cash Only	4.2K	6.44K	9.42K	6.46K	7.41K	414.88K	1.19M	149.27K	174.85K	62.1K
Short-Term Investments	0	0	0	0	0	0	0	835.76K	0	0
Accounts Receivable	474.7K	367.62K	477.08K	724.85K	1.51M	483.32K	910.62K	1.48M	1.96M	2.42M
Days Sales Outstanding	73.57	65.54	181.84	198.75	341.38	125.47	255.59	203.46	47.33	364.4
Inventory	1.21M	913.95K	854.55K	711.89K	630.2K	557.82K	462.19K	500.59K	974.89K	497K
Days Inventory Outstanding	261.37	260.01	572.57	320.6	241.42	310.88	244.48	122.71	25.37	114.95
Other Current Assets	0	0	0	0	217.58K	217.58K	0	204.56K	1.05M	22.75K
Total Non-Current Assets+	1.56M	1.49M	1.43M	1.37M	2.16M	2.67M	3.83M	4.12M	4.18M	6.31M
Property, Plant & Equipment	215.75K	187.68K	144.87K	96.03K	896.75K	660K	428.62K	172.18K	532.66K	169.64K
Fixed Asset Turnover	10.92x	10.91x	6.61x	13.86x	1.80x	2.13x	3.03x	15.47x	28.37x	14.29x
Goodwill	747.98K	747.98K	747.98K	747.98K	747.98K	747.98K	747.98K	747.98K	747.98K	747.98K
Intangible Assets	541.13K	529.23K	517.4K	505.52K	493.64K	481.77K	1.94M	1.93M	1.93M	1.47M
Long-Term Investments	0	0	0	0	0	752.5K	684.77K	561.66K	0	229.06K
Other Non-Current Assets	57.71K	24.23K	24.23K	25.4K	25.4K	777.9K	711.57K	715.66K	969.49K	3.69M
Total Assets+	3.25M	2.78M	2.78M	2.82M	4.31M	4.12M	6.43M	8.11M	10.93M	9.51M
Asset Turnover	0.72x	0.74x	0.35x	0.47x	0.37x	0.34x	0.20x	0.33x	1.38x	0.26x
Asset Growth %	1.21%	-0.15%	-0%	0.02%	0.53%	-0.04%	0.56%	0.26%	0.35%	-0.13%
Total Current Liabilities+	3.7M	4.6M	6.89M	7.61M	8.93M	9.79M	6.87M	6.24M	4.8M	6.44M
Accounts Payable	609.41K	881.61K	996.47K	1.03M	1.46M	1.54M	606.81K	860.43K	964.04K	1.51M
Days Payables Outstanding	131.92	250.81	667.67	465.38	560.98	860.78	320.98	210.92	25.09	349.19
Short-Term Debt	1.29M	1.74M	3.71M	3.93M	5.86M	5.26M	5.49M	4.46M	2.56M	4.17M
Deferred Revenue (Current)	204.76K	3K	98.59K	398.81K	356.98K	115.73K	57.04K	113.47K	33K	30.06K
Other Current Liabilities	1.46M	1.56M	924.89K	345.99K	420.79K	2.67M	356.68K	598.88K	791.91K	133K
Current Ratio	0.46x	0.28x	0.19x	0.19x	0.24x	0.15x	0.38x	0.64x	1.41x	0.50x
Quick Ratio	0.13x	0.08x	0.07x	0.10x	0.17x	0.09x	0.31x	0.56x	1.20x	0.42x
Cash Conversion Cycle	203.02	74.74	86.74	53.97	21.83	-424.44	179.09	115.25	47.61	130.16
Total Non-Current Liabilities+	800K	450K	0	0	630.56K	1.58M	1.29M	0	257.89K	128.88K
Long-Term Debt	800K	450K	0	0	0	1.2M	1.08M	0	0	0
Capital Lease Obligations	0	0	0	0	630.56K	373.11K	207.78K	0	209.99K	38.13K
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	0	0	0	0	0	0	0	0	47.9K	90.75K
Total Liabilities	4.5M	5.05M	6.89M	7.61M	9.56M	11.36M	8.15M	6.24M	5.06M	6.57M
Total Debt+	2.09M	2.19M	3.71M	3.93M	5.17M	7.09M	6.99M	4.46M	3.12M	4.34M
Net Debt	2.09M	2.18M	3.7M	3.92M	5.17M	6.67M	5.8M	4.31M	2.94M	4.28M
Debt / Equity	-	-	-	-	-	-	-	2.40x	0.53x	1.48x
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Interest Coverage	-4.96x	-3.02x	-2.71x	-1.77x	-1.01x	-0.73x	-2.04x	-0.88x	-1.24x	-2.60x
Total Equity+	-1.25M	-2.27M	-4.11M	-4.8M	-5.25M	-7.24M	-1.72M	1.86M	5.87M	2.94M
Equity Growth %	-20.07%	-0.81%	-0.81%	-0.17%	-0.1%	-0.38%	0.76%	2.08%	2.16%	-0.5%
Book Value per Share	-12.59	-9.55	-12.31	-5.20	-4.91	-5.66	-1.15	0.90	2.29	0.99
Total Shareholders' Equity	-1.25M	-2.27M	-4.11M	-4.8M	-5.25M	-7.24M	-1.7M	1.88M	5.11M	2.94M
Common Stock	139.45K	155.18K	210.88K	555.59K	753.91K	821.17K	943.57K	37.17K	39.15K	45.33K
Retained Earnings	-4.88M	-6.57M	-8.79M	-11.6M	-14.22M	-17.65M	-17.42M	-17.28M	-22.98M	-27.44M
Treasury Stock	-633	0	1.7M	1.32M	0	0	0	0	0	0
Accumulated OCI	-1.63M	-1.66M	-1.7M	-1.32M	0	61.18K	0	-160.67K	-196.83K	-257.4K
Minority Interest	0	0	0	0	0	0	-19.06K	-19.06K	757.22K	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-617.55K	-513.19K	-1.5M	-1.44M	-2.22M	-1.43M	-2.55M	-2.24M	-4.78M	-3.56M
Operating CF Margin %	-0.26%	-0.25%	-1.56%	-1.08%	-1.38%	-1.02%	-1.96%	-0.84%	-0.32%	-1.47%
Operating CF Growth %	0.13%	0.17%	-1.91%	0.04%	-0.54%	0.36%	-0.78%	0.12%	-1.13%	0.26%
Net Income	-2.57M	-1.7M	-2.21M	-2.81M	-2.56M	-3.44M	278.49K	147.4K	-5.66M	-4.42M
Depreciation & Amortization	42.12K	41.44K	54.65K	52.44K	41.44K	32.91K	32.29K	30.08K	32.85K	10.42K
Stock-Based Compensation	85.45K	113.35K	2.46K	353.14K	0	0	0	0	148.1K	62.25K
Deferred Taxes	-85.45K	73.97K	-45.49K	19.12K	0	0	0	0	0	0
Other Non-Cash Items	506.12K	-58.99K	552K	542.42K	484.95K	1.72M	-2.24M	-1.45M	1.64M	385.44K
Working Capital Changes	1.4M	1.02M	155.76K	399.99K	-194.57K	252.12K	-618.49K	-968.13K	-949.1K	397.25K
Change in Receivables	49.42K	107.08K	-109.46K	-247.76K	-909.46K	10.73K	-359.59K	-675.53K	152.28K	-1M
Change in Inventory	198K	293.45K	59.41K	142.65K	81.69K	72.38K	95.63K	-38.39K	183.37K	38.44K
Change in Payables	42.87K	272.2K	114.87K	36.9K	430.99K	230.2K	-44.85K	312.46K	-561.6K	1M
Cash from Investing+	0	-75.44K	0	0	-8K	0	-1.5M	-1.44M	-318.6K	161.24K
Capital Expenditures	0	-75.44K	0	0	-8K	0	0	0	-77.06K	0
CapEx % of Revenue	-	0.04%	-	-	0%	-	-	-	0.01%	-
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	0	0	0	0	0	0	0	1.21M	-3.78K	161.24K
Cash from Financing+	594.51K	590.87K	1.5M	1.44M	2.23M	1.84M	4.83M	2.8M	5.1M	3.37M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	-42.75K
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	0	0	0	0	0	0	0	0	1.07M	-69.25K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-617.55K	-588.62K	-1.5M	-1.44M	-2.23M	-1.43M	-2.55M	-2.24M	-4.86M	-3.56M
FCF Margin %	-0.26%	-0.29%	-1.56%	-1.08%	-1.39%	-1.02%	-1.96%	-0.84%	-0.32%	-1.47%
FCF Growth %	0.13%	0.05%	-1.54%	0.04%	-0.55%	0.36%	-0.78%	0.12%	-1.17%	0.27%
FCF per Share	-6.22	-2.48	-4.47	-1.56	-2.09	-1.12	-1.70	-1.09	-1.90	-1.20
FCF Conversion (FCF/Net Income)	0.24x	0.30x	0.68x	0.51x	0.57x	0.30x	5.41x	-15.23x	0.85x	0.81x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-	-	-	-	-	-	-	214.51%	-146.47%	-100.28%
Return on Invested Capital (ROIC)	-188.49%	-255.33%	-	-	-	-	-67.18%	-14.5%	-26.59%	-29.13%
Gross Margin	28.4%	37.33%	43.11%	39.11%	40.82%	53.42%	46.94%	44.09%	7.21%	34.91%
Net Margin	-109.13%	-83.02%	-231.28%	-211.09%	-240.6%	-338.9%	-36.28%	5.53%	-37.45%	-182.14%
Debt / Equity	-	-	-	-	-	-	-	2.40x	0.53x	1.48x
Interest Coverage	-4.96x	-3.02x	-2.71x	-1.77x	-1.01x	-0.73x	-2.04x	-0.88x	-1.24x	-2.60x
FCF Conversion	0.24x	0.30x	0.68x	0.51x	0.57x	0.30x	5.41x	-15.23x	0.85x	0.81x
Revenue Growth	-33.35%	-13.06%	-53.23%	39.01%	20.95%	-12.67%	-7.51%	104.79%	467.49%	-83.96%

Revenue by Segment

	2023	2024
Manufacturing and Engineering	-	9.34K
Manufacturing and Engineering Growth	-	-
Manufacturing Amd Engineering	47.09K	-
Manufacturing Amd Engineering Growth	-	-

Revenue by Geography

	2023	2024
UNITED STATES	905.06K	-
UNITED STATES Growth	-	-

Frequently Asked Questions

Growth & Financials

Clean Energy Technologies, Inc. (CETY) reported $2.3M in revenue for fiscal year 2024. This represents a 50% decrease from $4.5M in 2011.

Clean Energy Technologies, Inc. (CETY) saw revenue decline by 84.0% over the past year.

Clean Energy Technologies, Inc. (CETY) reported a net loss of $4.4M for fiscal year 2024.

Dividend & Returns

Yes, Clean Energy Technologies, Inc. (CETY) pays a dividend with a yield of 1.42%. This makes it attractive for income-focused investors.

Clean Energy Technologies, Inc. (CETY) has a return on equity (ROE) of -100.3%. Negative ROE indicates the company is unprofitable.

Clean Energy Technologies, Inc. (CETY) had negative free cash flow of $6.6M in fiscal year 2024, likely due to heavy capital investments.

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Clean Energy Technologies, Inc. (CETY) 10-Year Financial Performance & Capital Metrics

CETY • • Industrial / General

IndustrialsIndustrial MachineryEnvironmental & Emissions ControlWaste-to-Energy Solutions

Revenue $2M -84.0%
EBITDA -$3M -18.6%
Net Income -$4M +22.0%
EPS (Diluted) -1.49 +33.9%
Gross Margin 34.91% +384.0%
EBITDA Margin -127.95% -639.0%
Operating Margin -128.38% -630.7%
Net Margin -182.14% -386.4%
ROE -100.28% +31.5%
ROIC -29.13% -9.5%
Debt/Equity 1.48 +177.9%
Interest Coverage -2.60 -109.0%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Trading at only 1.0x book value

✗Weaknesses

✗Weak Piotroski F-Score: 3/9
✗Negative free cash flow
✗Weak momentum: RS Rating 2 (bottom 2%)
✗Shares diluted 16.0% in last year
✗Trading more than 30% below 52-week high
✗Low asset turnover indicates capital-intensive operations

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-3.7%

5Y8.53%

3Y23.08%

TTM-57.4%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM34.09%

EPS CAGR

10Y-

5Y-

3Y-

TTM52.72%

ROCE

10Y Avg-130.34%

5Y Avg-84.55%

3Y Avg-90.34%

Latest-67.71%

Peer Comparison

Waste-to-Energy Solutions

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
CETYClean Energy Technologies, Inc.	9.12M	1.01	-0.68	-83.96%	-192.28%	-61.84%		1.48
BWBabcock & Wilcox Enterprises, Inc.	923.24M	8.31	-10.13	-1.37%	-20.07%

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	2.36M	2.05M	957.63K	1.33M	1.61M	1.41M	1.3M	2.66M	15.11M	2.42M
Revenue Growth %	-0.33%	-0.13%	-0.53%	0.39%	0.21%	-0.13%	-0.08%	1.05%	4.67%	-0.84%
Cost of Goods Sold+	1.69M	1.28M	544.75K	810.49K	952.78K	654.94K	690.03K	1.49M	14.02M	1.58M
COGS % of Revenue	0.72%	0.63%	0.57%	0.61%	0.59%	0.47%	0.53%	0.56%	0.93%	0.65%
Gross Profit+	668.9K	764.32K	412.88K	520.68K	657.23K	751.07K	610.41K	1.17M	1.09M	846.55K
Gross Margin %	0.28%	0.37%	0.43%	0.39%	0.41%	0.53%	0.47%	0.44%	0.07%	0.35%
Gross Profit Growth %	-0.16%	0.14%	-0.46%	0.26%	0.26%	0.14%	-0.19%	0.92%	-0.07%	-0.22%
Operating Expenses+	2.42M	2.04M	1.62M	2.04M	1.98M	1.73M	2.18M	2.16M	3.75M	3.96M
OpEx % of Revenue	1.03%	1%	1.69%	1.54%	1.23%	1.23%	1.68%	0.81%	0.25%	1.63%
Selling, General & Admin	2.42M	2.04M	1.62M	2.04M	1.7M	1.61M	2.01M	1.97M	3.31M	3.76M
SG&A % of Revenue	1.03%	1%	1.69%	1.54%	1.05%	1.14%	1.54%	0.74%	0.22%	1.55%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	287.51K	119.2K	177.46K	196.1K	432.03K	194.78K
Operating Income+	-1.75M	-1.28M	-1.2M	-1.52M	-1.33M	-976.33K	-1.57M	-989.75K	-2.66M	-3.11M
Operating Margin %	-0.74%	-0.62%	-1.26%	-1.14%	-0.82%	-0.69%	-1.21%	-0.37%	-0.18%	-1.28%
Operating Income Growth %	-0.82%	0.27%	0.06%	-0.27%	0.13%	0.26%	-0.61%	0.37%	-1.68%	-0.17%
EBITDA+	-1.71M	-1.24M	-1.16M	-1.47M	-1.28M	-943.41K	-1.54M	-959.67K	-2.62M	-3.1M
EBITDA Margin %	-0.73%	-0.6%	-1.21%	-1.11%	-0.8%	-0.67%	-1.18%	-0.36%	-0.17%	-1.28%
EBITDA Growth %	-0.85%	0.28%	0.06%	-0.27%	0.13%	0.27%	-0.63%	0.38%	-1.73%	-0.19%
D&A (Non-Cash Add-back)	42.12K	41.44K	42.81K	52.44K	41.44K	32.91K	32.29K	30.08K	38.57K	10.42K
EBIT	-2.22M	-1.38M	-1.77M	-1.41M	-1.24M	-2.11M	1.05M	1.29M	-3.37M	-3.22M
Net Interest Income+	-385.14K	-440.53K	-1.15M	-1.4M	-1.32M	-1.33M	-769.37K	-1.13M	-2.14M	-1.2M
Interest Income	0	-17.99K	0	0	0	0	0	0	0	0
Interest Expense	353.48K	422.54K	444.61K	862.54K	1.32M	1.33M	769.37K	1.13M	2.14M	1.2M
Other Income/Expense	-817.32K	-422.93K	-1.01M	-1.29M	-1.1M	-2.2M	1.85M	1.16M	-2.85M	-1.3M
Pretax Income+	-2.57M	-1.7M	-2.21M	-2.81M	-2.56M	-3.44M	278.49K	165.68K	-5.51M	-4.42M
Pretax Margin %	-1.09%	-0.83%	-2.31%	-2.11%	-1.59%	-2.44%	0.21%	0.06%	-0.36%	-1.82%
Income Tax+	353.48K	0	0	0	0	0	0	18.28K	22.17K	0
Effective Tax Rate %	1%	1%	1%	1%	1.52%	1.39%	-1.69%	0.89%	1.03%	1%
Net Income+	-2.57M	-1.7M	-2.21M	-2.81M	-3.87M	-4.76M	-471.82K	147.4K	-5.66M	-4.42M
Net Margin %	-1.09%	-0.83%	-2.31%	-2.11%	-2.41%	-3.39%	-0.36%	0.06%	-0.37%	-1.82%
Net Income Growth %	-1.08%	0.34%	-0.3%	-0.27%	-0.38%	-0.23%	0.9%	1.31%	-39.4%	0.22%
Net Income (Continuing)	-2.57M	-1.7M	-2.21M	-2.81M	-2.56M	-3.44M	278.49K	147.4K	-5.53M	-4.42M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	-19.06K	-19.06K	757.22K	0
EPS (Diluted)+	-25.95	-7.20	-6.60	-3.00	-3.60	-3.75	-0.32	0.07	-2.25	-1.49
EPS Growth %	0.09%	0.72%	0.08%	0.55%	-0.2%	-0.04%	0.92%	1.23%	-32.25%	0.34%
EPS (Basic)	-25.95	-7.20	-6.60	-3.00	-3.60	-3.75	-0.32	0.08	-2.25	-1.49
Diluted Shares Outstanding	99.31K	237.62K	334.27K	922.26K	1.07M	1.28M	1.5M	2.06M	2.56M	2.97M
Basic Shares Outstanding	99.31K	237.62K	334.27K	922.26K	1.07M	1.28M	1.5M	1.85M	2.56M	2.97M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	1.69M	1.29M	1.34M	1.44M	2.14M	1.46M	2.61M	3.99M	6.75M	3.2M
Cash & Short-Term Investments	4.2K	6.44K	9.42K	6.46K	7.41K	414.88K	1.19M	985.03K	174.85K	62.1K
Cash Only	4.2K	6.44K	9.42K	6.46K	7.41K	414.88K	1.19M	149.27K	174.85K	62.1K
Short-Term Investments	0	0	0	0	0	0	0	835.76K	0	0
Accounts Receivable	474.7K	367.62K	477.08K	724.85K	1.51M	483.32K	910.62K	1.48M	1.96M	2.42M
Days Sales Outstanding	73.57	65.54	181.84	198.75	341.38	125.47	255.59	203.46	47.33	364.4
Inventory	1.21M	913.95K	854.55K	711.89K	630.2K	557.82K	462.19K	500.59K	974.89K	497K
Days Inventory Outstanding	261.37	260.01	572.57	320.6	241.42	310.88	244.48	122.71	25.37	114.95
Other Current Assets	0	0	0	0	217.58K	217.58K	0	204.56K	1.05M	22.75K
Total Non-Current Assets+	1.56M	1.49M	1.43M	1.37M	2.16M	2.67M	3.83M	4.12M	4.18M	6.31M
Property, Plant & Equipment	215.75K	187.68K	144.87K	96.03K	896.75K	660K	428.62K	172.18K	532.66K	169.64K
Fixed Asset Turnover	10.92x	10.91x	6.61x	13.86x	1.80x	2.13x	3.03x	15.47x	28.37x	14.29x
Goodwill	747.98K	747.98K	747.98K	747.98K	747.98K	747.98K	747.98K	747.98K	747.98K	747.98K
Intangible Assets	541.13K	529.23K	517.4K	505.52K	493.64K	481.77K	1.94M	1.93M	1.93M	1.47M
Long-Term Investments	0	0	0	0	0	752.5K	684.77K	561.66K	0	229.06K
Other Non-Current Assets	57.71K	24.23K	24.23K	25.4K	25.4K	777.9K	711.57K	715.66K	969.49K	3.69M
Total Assets+	3.25M	2.78M	2.78M	2.82M	4.31M	4.12M	6.43M	8.11M	10.93M	9.51M
Asset Turnover	0.72x	0.74x	0.35x	0.47x	0.37x	0.34x	0.20x	0.33x	1.38x	0.26x
Asset Growth %	1.21%	-0.15%	-0%	0.02%	0.53%	-0.04%	0.56%	0.26%	0.35%	-0.13%
Total Current Liabilities+	3.7M	4.6M	6.89M	7.61M	8.93M	9.79M	6.87M	6.24M	4.8M	6.44M
Accounts Payable	609.41K	881.61K	996.47K	1.03M	1.46M	1.54M	606.81K	860.43K	964.04K	1.51M
Days Payables Outstanding	131.92	250.81	667.67	465.38	560.98	860.78	320.98	210.92	25.09	349.19
Short-Term Debt	1.29M	1.74M	3.71M	3.93M	5.86M	5.26M	5.49M	4.46M	2.56M	4.17M
Deferred Revenue (Current)	204.76K	3K	98.59K	398.81K	356.98K	115.73K	57.04K	113.47K	33K	30.06K
Other Current Liabilities	1.46M	1.56M	924.89K	345.99K	420.79K	2.67M	356.68K	598.88K	791.91K	133K
Current Ratio	0.46x	0.28x	0.19x	0.19x	0.24x	0.15x	0.38x	0.64x	1.41x	0.50x
Quick Ratio	0.13x	0.08x	0.07x	0.10x	0.17x	0.09x	0.31x	0.56x	1.20x	0.42x
Cash Conversion Cycle	203.02	74.74	86.74	53.97	21.83	-424.44	179.09	115.25	47.61	130.16
Total Non-Current Liabilities+	800K	450K	0	0	630.56K	1.58M	1.29M	0	257.89K	128.88K
Long-Term Debt	800K	450K	0	0	0	1.2M	1.08M	0	0	0
Capital Lease Obligations	0	0	0	0	630.56K	373.11K	207.78K	0	209.99K	38.13K
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	0	0	0	0	0	0	0	0	47.9K	90.75K
Total Liabilities	4.5M	5.05M	6.89M	7.61M	9.56M	11.36M	8.15M	6.24M	5.06M	6.57M
Total Debt+	2.09M	2.19M	3.71M	3.93M	5.17M	7.09M	6.99M	4.46M	3.12M	4.34M
Net Debt	2.09M	2.18M	3.7M	3.92M	5.17M	6.67M	5.8M	4.31M	2.94M	4.28M
Debt / Equity	-	-	-	-	-	-	-	2.40x	0.53x	1.48x
Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Net Debt / EBITDA	-	-	-	-	-	-	-	-	-	-
Interest Coverage	-4.96x	-3.02x	-2.71x	-1.77x	-1.01x	-0.73x	-2.04x	-0.88x	-1.24x	-2.60x
Total Equity+	-1.25M	-2.27M	-4.11M	-4.8M	-5.25M	-7.24M	-1.72M	1.86M	5.87M	2.94M
Equity Growth %	-20.07%	-0.81%	-0.81%	-0.17%	-0.1%	-0.38%	0.76%	2.08%	2.16%	-0.5%
Book Value per Share	-12.59	-9.55	-12.31	-5.20	-4.91	-5.66	-1.15	0.90	2.29	0.99
Total Shareholders' Equity	-1.25M	-2.27M	-4.11M	-4.8M	-5.25M	-7.24M	-1.7M	1.88M	5.11M	2.94M
Common Stock	139.45K	155.18K	210.88K	555.59K	753.91K	821.17K	943.57K	37.17K	39.15K	45.33K
Retained Earnings	-4.88M	-6.57M	-8.79M	-11.6M	-14.22M	-17.65M	-17.42M	-17.28M	-22.98M	-27.44M
Treasury Stock	-633	0	1.7M	1.32M	0	0	0	0	0	0
Accumulated OCI	-1.63M	-1.66M	-1.7M	-1.32M	0	61.18K	0	-160.67K	-196.83K	-257.4K
Minority Interest	0	0	0	0	0	0	-19.06K	-19.06K	757.22K	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-617.55K	-513.19K	-1.5M	-1.44M	-2.22M	-1.43M	-2.55M	-2.24M	-4.78M	-3.56M
Operating CF Margin %	-0.26%	-0.25%	-1.56%	-1.08%	-1.38%	-1.02%	-1.96%	-0.84%	-0.32%	-1.47%
Operating CF Growth %	0.13%	0.17%	-1.91%	0.04%	-0.54%	0.36%	-0.78%	0.12%	-1.13%	0.26%
Net Income	-2.57M	-1.7M	-2.21M	-2.81M	-2.56M	-3.44M	278.49K	147.4K	-5.66M	-4.42M
Depreciation & Amortization	42.12K	41.44K	54.65K	52.44K	41.44K	32.91K	32.29K	30.08K	32.85K	10.42K
Stock-Based Compensation	85.45K	113.35K	2.46K	353.14K	0	0	0	0	148.1K	62.25K
Deferred Taxes	-85.45K	73.97K	-45.49K	19.12K	0	0	0	0	0	0
Other Non-Cash Items	506.12K	-58.99K	552K	542.42K	484.95K	1.72M	-2.24M	-1.45M	1.64M	385.44K
Working Capital Changes	1.4M	1.02M	155.76K	399.99K	-194.57K	252.12K	-618.49K	-968.13K	-949.1K	397.25K
Change in Receivables	49.42K	107.08K	-109.46K	-247.76K	-909.46K	10.73K	-359.59K	-675.53K	152.28K	-1M
Change in Inventory	198K	293.45K	59.41K	142.65K	81.69K	72.38K	95.63K	-38.39K	183.37K	38.44K
Change in Payables	42.87K	272.2K	114.87K	36.9K	430.99K	230.2K	-44.85K	312.46K	-561.6K	1M
Cash from Investing+	0	-75.44K	0	0	-8K	0	-1.5M	-1.44M	-318.6K	161.24K
Capital Expenditures	0	-75.44K	0	0	-8K	0	0	0	-77.06K	0
CapEx % of Revenue	-	0.04%	-	-	0%	-	-	-	0.01%	-
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	0	0	0	0	0	0	0	1.21M	-3.78K	161.24K
Cash from Financing+	594.51K	590.87K	1.5M	1.44M	2.23M	1.84M	4.83M	2.8M	5.1M	3.37M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	-42.75K
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	0	0	0	0	0	0	0	0	1.07M	-69.25K
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-617.55K	-588.62K	-1.5M	-1.44M	-2.23M	-1.43M	-2.55M	-2.24M	-4.86M	-3.56M
FCF Margin %	-0.26%	-0.29%	-1.56%	-1.08%	-1.39%	-1.02%	-1.96%	-0.84%	-0.32%	-1.47%
FCF Growth %	0.13%	0.05%	-1.54%	0.04%	-0.55%	0.36%	-0.78%	0.12%	-1.17%	0.27%
FCF per Share	-6.22	-2.48	-4.47	-1.56	-2.09	-1.12	-1.70	-1.09	-1.90	-1.20
FCF Conversion (FCF/Net Income)	0.24x	0.30x	0.68x	0.51x	0.57x	0.30x	5.41x	-15.23x	0.85x	0.81x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-	-	-	-	-	-	-	214.51%	-146.47%	-100.28%
Return on Invested Capital (ROIC)	-188.49%	-255.33%	-	-	-	-	-67.18%	-14.5%	-26.59%	-29.13%
Gross Margin	28.4%	37.33%	43.11%	39.11%	40.82%	53.42%	46.94%	44.09%	7.21%	34.91%
Net Margin	-109.13%	-83.02%	-231.28%	-211.09%	-240.6%	-338.9%	-36.28%	5.53%	-37.45%	-182.14%
Debt / Equity	-	-	-	-	-	-	-	2.40x	0.53x	1.48x
Interest Coverage	-4.96x	-3.02x	-2.71x	-1.77x	-1.01x	-0.73x	-2.04x	-0.88x	-1.24x	-2.60x
FCF Conversion	0.24x	0.30x	0.68x	0.51x	0.57x	0.30x	5.41x	-15.23x	0.85x	0.81x
Revenue Growth	-33.35%	-13.06%	-53.23%	39.01%	20.95%	-12.67%	-7.51%	104.79%	467.49%	-83.96%

Revenue by Segment

	2023	2024
Manufacturing and Engineering	-	9.34K
Manufacturing and Engineering Growth	-	-
Manufacturing Amd Engineering	47.09K	-
Manufacturing Amd Engineering Growth	-	-

Revenue by Geography

	2023	2024
UNITED STATES	905.06K	-
UNITED STATES Growth	-	-

Frequently Asked Questions

Growth & Financials

Clean Energy Technologies, Inc. (CETY) reported $2.3M in revenue for fiscal year 2024. This represents a 50% decrease from $4.5M in 2011.

Clean Energy Technologies, Inc. (CETY) saw revenue decline by 84.0% over the past year.

Clean Energy Technologies, Inc. (CETY) reported a net loss of $4.4M for fiscal year 2024.

Dividend & Returns

Yes, Clean Energy Technologies, Inc. (CETY) pays a dividend with a yield of 1.42%. This makes it attractive for income-focused investors.

Clean Energy Technologies, Inc. (CETY) has a return on equity (ROE) of -100.3%. Negative ROE indicates the company is unprofitable.

Clean Energy Technologies, Inc. (CETY) had negative free cash flow of $6.6M in fiscal year 2024, likely due to heavy capital investments.