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Ecolomondo Corporation ( (TSE:ECM) ) has shared an update.
Ecolomondo Corporation has reported significant revenue growth from its Hawkesbury TDP facility, driven by increased sales of recovered carbon black (rCB) and tire-derived oil (TDO). The company has seen a 91% increase in revenues for the period of January 1 to August 31, 2025, compared to the same period in 2024, despite still operating at a loss. This growth is attributed to new and expanding customer relationships, with plans to ramp up production and hire more employees to meet the rising demand. The announcement underscores Ecolomondo’s reliability in production and its strategic positioning in the sustainable recycling industry.
The most recent analyst rating on (TSE:ECM) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Ecolomondo Corporation stock, see the TSE:ECM Stock Forecast page.
Spark’s Take on TSE:ECM Stock
According to Spark, TipRanks’ AI Analyst, TSE:ECM is a Underperform.
Ecolomondo Corporation’s stock score is primarily impacted by its financial performance challenges, including high leverage and negative profit margins. Technical indicators suggest a bearish trend, while valuation metrics highlight a lack of profitability. The absence of earnings call data and corporate events means these factors do not influence the score.
To see Spark’s full report on TSE:ECM stock, click here.
More about Ecolomondo Corporation
Ecolomondo Corporation, headquartered in Québec, is a Canadian cleantech company specializing in sustainable scrap tire recycling technology. It utilizes proprietary Thermal Decomposition technology (TDP) to recover high-value reusable commodities from scrap tire waste, including recovered carbon black, oil, syngas, fiber, and steel. The company aims to be a leading player in the cleantech space and contribute to the global circular economy.
Average Trading Volume: 48,198
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$35.15M
For an in-depth examination of ECM stock, go to TipRanks’ Overview page.