OriginClear (OCLN) AI Stock Analysis

• Market Cap: $22.23M
• Dividend Yield: N/A
• Average Volume (3M): N/A
• Price to Earnings (P/E): 1.3
• Beta (1Y): 1.40
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 34
• Sector: Industrials
• Sector Strength: 72
• Industry: Waste Management
• EPS (TTM): -0.02
• Shares Outstanding: 15,880,738,000
• 10 Day Avg. Volume: N/A
• 30 Day Avg. Volume: N/A
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.85
• Enterprise Value/Revenue: 2.20
• Enterprise Value/Gross Profit: 18.62
• Enterprise Value/Ebitda: -1.93
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 25 Underperform
• Price Target: ―

OriginClear's overall score is heavily impacted by its dire financial performance, characterized by zero revenue, negative margins, and significant liabilities. The lack of technical indicators and valuation metrics provides little additional guidance, leaving the financial instability as the most significant concern. Without strategic interventions, the company's outlook remains bleak.

OriginClear Business Overview & Revenue Model

Company Description

OriginClear, Inc. provides water treatment solutions worldwide. It licenses its Electro Water Separation water cleanup technology that utilizes a catalytic process to concentrate and eliminate suspended solids in commercial and industrial wastewater; and Advanced Oxidation technology for reducing or eliminating dissolved organic microtoxins. The company also designs and manufactures a line of water treatment systems for municipal, industrial, and pure water applications. In addition, it offers a range of services, including maintenance contracts, retrofits, and replacement assistance; and rents equipment through contracts of varying duration, as well as provides prefabricated water transport and treatment products. The company was formerly known as OriginOil, Inc. and changed its name to OriginClear, Inc. in April 2015. OriginClear, Inc. was incorporated in 2007 and is headquartered in Clearwater, Florida.

How the Company Makes Money

OriginClear generates revenue primarily through the sale and lease of its water treatment systems and services. Key revenue streams include direct product sales of its Modular Water Systems, licensing of its technologies, and recurring revenue from long-term service and maintenance contracts. The company also capitalizes on its Water On Demand financing model, which allows customers to pay for water treatment solutions over time, thus enabling broader market access. Significant partnerships with municipalities and industrial clients, along with collaborations with strategic investors, further enhance its revenue potential by expanding its customer base and project opportunities.

OriginClear Financial Statement Overview

Summary

OriginClear is in a precarious financial position, with halted revenue growth, negative margins, and a highly leveraged balance sheet. Persistent negative cash flows and equity deficits raise significant concerns about its ability to sustain operations without drastic restructuring or new capital injection. The company faces substantial risks, requiring urgent strategic interventions to stabilize its financial footing.

Income Statement

OriginClear's income statement shows a troubling trend with zero revenue in 2024, indicating a complete halt in income generation. Historical data reveals a steep decline in revenue and persistent negative EBIT and net income, highlighting operational inefficiencies and unprofitability. The negative EBIT margin and net profit margin underscore the company's inability to cover operating costs, while the lack of revenue growth further exacerbates concerns about its financial health.

Balance Sheet

The company's balance sheet is weak, with a negative stockholders' equity, indicating that liabilities exceed assets significantly. This is a red flag for financial stability and indicates high financial risk. The debt-to-equity ratio is not calculable due to negative equity, but the substantial liabilities suggest high leverage. The equity ratio is also negative, underlining the lack of shareholder value and potential insolvency risks.

Cash Flow

OriginClear's cash flow statement indicates severe liquidity issues, with consistent negative operating and free cash flows, suggesting an inability to generate cash from operations. Despite some financing inflows, the negative free cash flow to net income ratio highlights ongoing cash burn. The absence of free cash flow growth further signals long-term sustainability challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	8.57M	5.54M	6.71M	26.29K	4.14M	4.10M
Gross Profit	1.01M	972.71K	626.50K	26.29K	569.68K	611.77K
EBITDA	-9.80M	-16.16M	-9.62M	-9.53M	-845.00K	14.58M
Net Income	-25.53M	-18.97M	-11.63M	-10.79M	-2.12M	13.26M
Balance Sheet
Total Assets	3.15M	4.99M	3.14M	6.35M	4.20M	1.33M
Cash, Cash Equivalents and Short-Term Investments	1.22M	582.53K	150.81K	817.82K	340.34K	409.59K
Total Debt	551.61K	25.31M	20.17M	3.62M	3.32M	4.06M
Total Liabilities	2.47M	52.29M	34.88M	32.37M	26.52M	24.64M
Stockholders Equity	-35.71M	-51.82M	-29.50M	-26.02M	-22.32M	-23.31M
Cash Flow
Free Cash Flow	-2.88M	-3.58M	-5.53M	-4.67M	-4.86M	-3.99M
Operating Cash Flow	-2.86M	-3.57M	-5.51M	-4.65M	-4.84M	-3.98M
Investing Cash Flow	-1.22M	-2.29M	-3.75M	-1.16M	-18.00K	-13.88K
Financing Cash Flow	5.49M	5.92M	8.39M	6.46M	5.15M	3.92M

OriginClear Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PESI	50 Neutral	168.82M	-8.13	-32.02%	―	-16.87%	-124.96%
AWX	47 Neutral	10.18M	86.42	0.32%	―	-6.27%	308.11%
QRHC	46 Neutral	31.90M	-1.27	-58.85%	―	-5.20%	-275.34%
AQMS	36 Underperform	5.79M	-0.04	0.00%	―	-100.00%	-112.68%
OCLN	25 Underperform	$22.23M	1.27	19.73%	―	―	―
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%