Clean Vision Corporation reported its financial results for the three and six months ended June 30, 2025. For the second quarter of 2025, the company generated revenue of $52,612, marking a substantial 124.3% increase compared to the same period in 2024. This revenue growth was entirely attributed to its Clean-Seas Morocco operations, demonstrating initial success in its international ventures.
Despite the Q2 revenue growth, total revenue for the six months ended June 30, 2025, decreased by 13.7% year-over-year to $63,137, indicating some variability in early-stage operations. The company maintained a strong gross profit margin of 94.39% on a TTM basis, reflecting its ability to acquire feedstock at zero cost. However, Clean Vision reported a net loss of $417,359 for Q2 2025 and $3.65 million for the six-month period, though these losses were lower than the prior year due to gains in fair value of derivatives and debt extinguishment.
Liquidity remains a critical concern, with an accumulated deficit of $52.49 million as of June 30, 2025, and a 'going concern' warning. Cash used in operating activities increased to $3.96 million for the first half of 2025, while investing activities consumed $2.64 million, primarily for the West Virginia facility. The company relied on financing activities, which provided $8.70 million in net cash, including a $6.82 million commercial loan for the West Virginia project, to fund these operations.
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