Zone Frontier Inc.

What they do

CleanCore produces pure aqueous ozone cleaning solutions via a patented nanobubble technology that requires no additives, filters, or advanced chemicals. The company markets products for janitorial and sanitation, ice machine cleaning, laundry, and industrial applications. Its products are used in retail, distribution centers, factories, warehouses, restaurants, schools, airports, healthcare, and commercial buildings. The company was formed in 2022 to acquire assets from CleanCore LLC, TetraClean Systems, and Food Safety Technology.

Revenue drivers

• Professional cleaning products — Products for janitorial and sanitation, ice machine cleaning, and laundry applications; part of the overall product portfolio.
• Industrial cleaning solutions — Aqueous ozone with up to 20 ppm for industrial cleaning; contributes to revenue alongside professional offerings.
• Distributor network — Revenue is generated through distribution channels; the company is expanding its distributor network to reach more customers.

Recent performance

For fiscal year 2025 (ended June 30, 2025), revenue was $2.1 million, up from $1.6 million in fiscal 2024. Net loss widened to $6.7 million from $2.3 million, and operating cash flow was negative $2.3 million. In the latest reported quarter ended March 31, 2026, revenue was $543,694, down from $1.1 million in the prior quarter ended December 31, 2025. As of March 31, 2026, the company had $4.1 million in cash, total assets of $67.4 million, and shareholder equity of $60.3 million. The company has incurred losses since inception and relies on cash on hand, securities sales, and debt.

Strategy

Management's stated strategy is to expand its distributor network, improve production processes, and prove product effectiveness in restaurants, airports, and hotels. The company plans to continue innovating its nanobubble technology to meet consumer demand and stay ahead of the value proposition to end customers. It is also focusing on acquiring new customers and retaining existing ones across its target industries.

Risks

• Early-stage and limited operating history — The company is early-stage with a limited history, making evaluation of its business and prospects difficult and highly speculative.
• History of losses — The company has generated losses since inception, including a net loss of $6.7 million in fiscal 2025, and there is no assurance of achieving profitability.
• Going concern opinion — The independent registered public accounting firm has issued a going concern opinion on the audited consolidated financial statements.
• Dependence on external financing — The company relies on cash on hand, sales of securities, IPO proceeds, and debt to support operations, and may need additional capital to continue.

Outlook

Management sees the company continuing to expand its distributor network and improve production processes. They are focused on proving product effectiveness in key verticals like restaurants, airports, and hotels. However, the company's future revenue and income potential remain unproven, and it may need additional financing to sustain operations.