Clean Vision Corporation

What they do

Clean Vision operates in the clean energy and waste-to-value sector, focusing on converting plastic feedstock into saleable byproducts via pyrolysis. The process yields plastic pyrolysis oil, clean hydrogen (branded AquaH), and carbon char. Revenue is intended to come from recycling services, commodity sales, environmental credits, and equipment sales.

Revenue drivers

• Recycling services — Service revenue from providing plastic waste recycling; reported quarterly revenues were modest, e.g., $62,064 in Q3 2025, indicating early stage.
• Commodity sales — Sale of pyrolysis outputs (plastic pyrolysis oil, carbon char, hydrogen) to industrial buyers; limited reported sales to date.
• Environmental credits — Potential revenue from selling environmental credits generated from waste processing; not yet a material revenue stream.
• Equipment sales — Sale of pyrolysis equipment to third parties; no significant revenue from this source reported in the provided financials.

Recent performance

For fiscal 2024, Clean Vision reported annual revenue of $231,040, down from $257,414 in 2023, with a net loss of $14.0 million. Diluted EPS for 2024 was -$0.02. Operating cash flow was -$4.9 million in 2024, exceeding the prior year's -$4.7 million. Quarterly revenue trends show volatility: $10,525 in Q1 2025, $52,612 in Q2 2025, and $62,064 in Q3 2025. As of September 30, 2025, the company had total assets of $20.8 million, total liabilities of $36.3 million, and a shareholder deficit of -$15.8 million, with $2.0 million in cash.

Strategy

Management's stated strategy is to leverage pyrolysis technology to upcycle plastic waste into valuable products, addressing the global plastic waste problem. The company plans to grow revenue through multiple streams: recycling services, commodities, environmental credits, and equipment sales. It is building on its branded AquaH hydrogen product, which received a USPTO trademark in 2023. Recent 8-K filings indicate activity in material agreements and equity sales, suggesting fundraising and partnership efforts to advance operations.

Risks

• Negative shareholder equity — As of September 30, 2025, shareholder equity was -$15.8 million against total liabilities of $36.3 million, indicating severe financial strain.
• Cash burn and financing needs — Operating cash flow was -$4.9 million in 2024 with only $2.0 million cash on hand, raising going-concern concerns.
• Micro-revenue base — Annual revenue is under $260,000, making the company highly dependent on future contracts and market development.
• Regulatory and market uncertainty — The industry relies on evolving clean energy and waste regulations; changes could affect demand for pyrolysis products and environmental credits.

Outlook

Management projects that global hydrogen demand and plastic waste recycling will grow, creating a larger market for its products. The company expects to commercialize its pyrolysis technology and scale revenue from multiple streams. However, given the limited current revenue and negative equity, near-term viability depends on securing additional capital and successful deployment of its technology.