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One and one GreenD
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2026-09-29
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Related articleQuarter not tagged2026-09-29

One and One Green Technologies Reports First Half 2026 Results

GlobeNewswire
- Revenues Up 18.7% to $33.4 Million - Net Income Up 17.4% to $4.5 Million - Copper Alloy Revenue Up 39% SAN RAFAEL, BULACAN, PHILIPPINES, Sept. 29, 2026 (GLOBE NEWSWIRE) -- One and One Green Technologies, Inc. (Nasdaq: YDDL) ("One and One" or the "Company"), a waste materials and scrap metal recycler that produces copper alloy, aluminum alloy and brass alloy ingots in the Philippines, today reported financial results for the six months ended June 30, 2026. Revenues rose 18.7% to $33.38 million from $28.13 million, and net income rose 17.4% to $4.49 million from $3.83 million. The increase occurred despite a 10.4% decrease in total material shipped, as the Company reallocated processing capacity to copper alloy ingots. Copper alloy volume rose 29.1%, and copper alloy ingots accounted for 77.0% of total revenue compared with 65.8% a year earlier. Gross margin narrowed to 21.73% from 25.32%. The decrease reflected the equipment upgrade, during which period aluminum processing was suspended for approximately six weeks of the first half while related costs continued to be incurred, together with higher raw material purchase prices across product categories. Realized price per kilogram sold rose 32.5%, while cost per kilogram sold rose 38.8%. FINANCIAL SUMMARY Six months ended June 30 | 2026 | | 2025 | | Change Revenues | $33,380,930 | | $28,129,714 | | +18.7% Gross profit | 7,253,731 | | 7,121,544 | | +1.9% Gross margin | 21.73% | | 25.32% | | (359) bps Income from operations | 4,987,156 | | 5,704,032 | | (12.6)% Income before income taxes | 6,133,918 | | 4,910,906 | | +24.9% Net income | $4,492,677 | | $3,826,300 | | +17.4% Earnings per share, basic and diluted | $0.08 | | $0.07 | | +10.9%* *Change calculated on unrounded earnings per share of $0.0816 and $0.0736. REVENUE AND PRODUCT MIX Revenues were $33.38 million, an increase of $5.25 million, or 18.67%, from $28.13 million. Copper alloy ingot revenue rose 38.9% to $25.71 million from $18.51 million on volume growth of 29.10%, reflecting stronger demand across key end markets in the Asia-Pacific region. Aluminum alloy revenue was $6.42 million compared with $8.61 million, primarily reflecting the suspension of aluminum processing from mid-May through the end of the period while the Company upgraded its aluminum processing equipment, together with the reallocation of capacity to copper alloy i…Read full document

- Revenues Up 18.7% to $33.4 Million - Net Income Up 17.4% to $4.5 Million - Copper Alloy Revenue Up 39% SAN RAFAEL, BULACAN, PHILIPPINES, Sept. 29, 2026 (GLOBE NEWSWIRE) -- One and One Green Technologies, Inc. (Nasdaq: YDDL) ("One and One" or the "Company"), a waste materials and scrap metal recycler that produces copper alloy, aluminum alloy and brass alloy ingots in the Philippines, today reported financial results for the six months ended June 30, 2026. Revenues rose 18.7% to $33.38 million from $28.13 million, and net income rose 17.4% to $4.49 million from $3.83 million. The increase occurred despite a 10.4% decrease in total material shipped, as the Company reallocated processing capacity to copper alloy ingots. Copper alloy volume rose 29.1%, and copper alloy ingots accounted for 77.0% of total revenue compared with 65.8% a year earlier. Gross margin narrowed to 21.73% from 25.32%. The decrease reflected the equipment upgrade, during which period aluminum processing was suspended for approximately six weeks of the first half while related costs continued to be incurred, together with higher raw material purchase prices across product categories. Realized price per kilogram sold rose 32.5%, while cost per kilogram sold rose 38.8%. FINANCIAL SUMMARY Six months ended June 30 | 2026 | | 2025 | | Change Revenues | $33,380,930 | | $28,129,714 | | +18.7% Gross profit | 7,253,731 | | 7,121,544 | | +1.9% Gross margin | 21.73% | | 25.32% | | (359) bps Income from operations | 4,987,156 | | 5,704,032 | | (12.6)% Income before income taxes | 6,133,918 | | 4,910,906 | | +24.9% Net income | $4,492,677 | | $3,826,300 | | +17.4% Earnings per share, basic and diluted | $0.08 | | $0.07 | | +10.9%* *Change calculated on unrounded earnings per share of $0.0816 and $0.0736. REVENUE AND PRODUCT MIX Revenues were $33.38 million, an increase of $5.25 million, or 18.67%, from $28.13 million. Copper alloy ingot revenue rose 38.9% to $25.71 million from $18.51 million on volume growth of 29.10%, reflecting stronger demand across key end markets in the Asia-Pacific region. Aluminum alloy revenue was $6.42 million compared with $8.61 million, primarily reflecting the suspension of aluminum processing from mid-May through the end of the period while the Company upgraded its aluminum processing equipment, together with the reallocation of capacity to copper alloy ingots. Aluminum production resumed in July 2026. Brass alloy ingot revenue rose 25.0% to $1.25 million. Product category | 1H26 revenue | 1H26 kg | 1H25 revenue | 1H25 kg Copper alloy ingots | 25,710,094 | 2,764,349 | 18,510,036 | 2,141,245 Aluminum alloy | 6,419,807 | 2,348,060 | 8,608,800 | 3,559,143 Brass alloy ingots | 1,251,029 | 211,200 | 1,000,960 | 176,700 Slag | — | — | 9,918 | 65,000 Total | 33,380,930 | 5,323,609 | 28,129,714 | 5,942,088 COST OF REVENUE AND GROSS MARGIN Cost of revenue was $26.13 million, an increase of 24.37% from $21.01 million, notwithstanding a 10.41% decline in total sales quantity. The increase reflected the shift in product mix toward copper alloy ingots, which carry a materially higher unit cost than aluminum alloy, the suspension of aluminum processing during the equipment upgrade, and higher raw material purchase prices across product categories. Gross profit was $7.25 million, up 1.86%. The Company does not use derivative instruments to hedge its exposure to metal prices. OPERATING INCOME AND NET INCOME Income from operations was $4.99 million compared with $5.70 million. Income before income taxes rose 24.9% to $6.13 million, and net income rose 17.42% to $4.49 million. BALANCE SHEET, WORKING CAPITAL, AND LIQUIDITY As of June 30, 2026, cash and cash equivalents were $2.71 million compared with $957,285 as of December 31, 2025. Total assets were $73.15 million compared with $56.04 million, total liabilities were $16.47 million compared with $14.22 million, and total shareholders' equity was $56.67 million compared with $41.82 million. Working capital was $43.55 million compared with $28.04 million. The increase in working capital reflects the deployment of net proceeds from the April 2026 follow-on public offering, together with retained earnings for the period, into inventory and receivables to support the growth of the copper alloy business. Inventories increased to $17.20 million, and accounts receivable increased to $32.75 million. The Company has no interest-bearing debt other than a vehicle financing arrangement with an outstanding balance of $20,346 as of June 30, 2026. MANAGEMENT COMMENTARY Caifen (Tina) Yan, Chief Executive Officer and Chairman of One and One, commented, "The first half was about building capacity for our next stage of growth. We upgraded our processing equipment during the period, and a significant portion of the related costs was recognized in these results. Our aluminum line, which was offline for roughly six weeks of the first half during the upgrade, is back in full production, and that investment is now working for us. With the upgraded lines in operation, we expect gross margin and net income to strengthen through the second half, and we are confident in delivering continued growth in both revenue and net income for full-year 2026." "We enter the second half with real momentum. Copper alloy revenue grew approximately 39% in the first half as we pointed our capacity at the strongest demand in Asia-Pacific, and we have built our inventory position ahead of second-half orders. Our new metals recovery line, for which we have already procured more than 2,000 tons of raw material, is on track to begin production before year-end and will add a new source of revenue." "Our next lever is raw material. Securing long-term supply agreements in Japan and South Korea will give us more control over input costs and margin, and it is where much of my attention goes between now and year-end. At the same time, we are expanding our alloy range and building an international business development team across Europe, the Americas, and Asia to serve manufacturers who want one reliable supplier. Underpinning all of this is our license to import hazardous waste into the Philippines under the Basel framework, a position that becomes more valuable as regulation tightens in our source markets. We believe One and One is well positioned to turn this year's investments into sustained, profitable growth." About One and One Green Technologies, Inc. One and One Green Technologies, Inc. is a licensed hazardous waste importer and a licensed recycler of non-ferrous metals and industrial materials in the Philippines. One and One transforms electronic waste, scrap metal, and other raw materials into high-value products, including copper alloy ingots and aluminum scraps. With significant permitted annual processing capacity and advanced processing capabilities, One and One provides economical, flexible, and environmentally responsible recycling solutions to manufacturers and industrial clients across domestic and international markets. One and One is strategically positioned to meet the growing demand for sustainable resource management. For more information, please visit our website at www.onepgti.com. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, statements regarding the Company's expectations for geographic expansion into Southeast Asia and other international markets; its plans to establish stable raw material sources in Japan and South Korea; its expectations regarding the benefits of its equipment upgrades, gross margin and net income in the second half of 2026, and full-year 2026 growth; the expected timing of production from its new metals recovery line; its intention to recruit an international business development team; and its intention to pursue strategic acquisitions and investments. These statements are identified by words such as "expect," "anticipate," "believe," "intend," "plan," "will," and similar expressions. Forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied. These factors include, among others, fluctuations in prevailing market prices for copper, aluminum and brass and the Company's decision not to hedge that exposure; changes in product mix; the Company's ability to realize the expected operating benefits of its equipment upgrades; the timely commencement of production from its new metals recovery line; the Company's ability to source adequate volumes of electronic waste and metal scrap on acceptable terms; customer concentration and the collectability of accounts receivable and the loan receivable; the level of inventories carried; political and social instability in the Philippines; inflationary pressures and movements in the Philippine peso against the U.S. dollar; the Company's ability to maintain and renew its environmental permits and licenses; risks associated with the variable interest entity structure through which the Company conducts its operations; and the additional risks described under "Item 3.D. Risk Factors" in the Company's annual report on Form 20-F filed with the U.S. Securities and Exchange Commission. Copies are available at www.sec.gov. Except as required by law, the Company undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise. Investor Relations Contact Matthew Abenante, IRC President Strategic Investor Relations, LLC Tel: 347-947-2093 Email: [email protected] | | | | | | (Financial tables follow) | | | | | | | | | | | | ONE AND ONE GREEN TECHNOLOGIES. INC UNAUDITED INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS (In U.S. dollar except for share and per share data) | | | | | | | | June 30, 2026 (Unaudited) | | | December 31, 2025 | ASSETS | | | | | | Current Assets | | | | | | Cash and cash equivalents | | $ | 2,712,933 | | | $ | 957,285 | Accounts receivable, net | | | 32,745,976 | | | | 26,634,057 | Inventories, net | | | 17,195,077 | | | | 7,230,581 | Advances to suppliers | | | 1,351,811 | | | | 1,914,972 | Loan receivable | | | 1,860,000 | | | | 2,000,000 | Other receivables and current assets | | | 1,102,301 | | | | 216,042 | Total Current Assets | | | 56,968,098 | | | | 38,952,937 | Non-Current Assets | | | | | | | | Property, plant and equipment, net | | | 10,167,824 | | | | 10,284,569 | Deferred tax assets | | | - | | | | 109,826 | Other non-current assets | | | 200,000 | | | | 690,135 | Operating lease right-of-use assets, net | | | 5,810,975 | | | | 6,007,527 | Total Non-Current Assets | | | 16,178,799 | | | | 17,092,057 | Total Assets | | | 73,146,897 | | | | 56,044,994 | | | | | | | | | LIABILITIES AND SHAREHOLDERS' EQUITY | | | | | | | | Current Liabilities | | | | | | | | Accounts payable | | | 4,212,075 | | | | 1,712,220 | Due to related parties | | | 202,971 | | | | 585,193 | Taxes payable | | | 8,577,445 | | | | 7,390,025 | Operating lease liabilities – current | | | - | | | | 641,564 | Other payables and accrued expenses | | | 427,038 | | | | 579,744 | Total Current Liabilities | | | 13,419,529 | | | | 10,908,746 | Non-Current Liabilities | | | | | | | | Deferred tax liabilities | | | 6,540 | | | | - | Operating lease liabilities – non-current | | | 3,042,152 | | | | 3,301,395 | Other non-current liabilities | | | 5,984 | | | | 13,727 | Total Non-Current Liabilities | | | 3,054,676 | | | | 3,315,122 | Total Liabilities | | | 16,474,205 | | | | 14,223,868 | | | | | | | | | Commitments and Contingencies (Note 14) | | | | | | | | | | | | | | | | Shareholders' Equity | | | | | | | | Class A Ordinary Shares, $0.0001 par value; 489,796,040 shares authorized as of June 30, 2026 and December 31, 2025; 45,829,373 and 44,096,040 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively | | | 4,583 | | | | 4,410 | Class B Ordinary Shares, $0.0001 par value; 10,203,960 shares authorized as of June 30, 2026 and December 31, 2025; 10,203,960 and 10,203,960 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively | | | 1,020 | | | | 1,020 | Shares subscription receivable | | | (5,200 | ) | | | (5,200 | ) Additional paid-in capital | | | 22,045,669 | | | | 10,220,329 | Retained earnings | | | 38,159,356 | | | | 33,666,679 | Accumulated other comprehensive loss | | | (3,532,736 | ) | | | (2,066,112 | ) Total Shareholders' Equity | | | 56,672,692 | | | | 41,821,126 | Total Liabilities and Shareholders' Equity | | $ | 73,146,897 | | | $ | 56,044,994 | | | | ONE AND ONE GREEN TECHNOLOGIES. INC UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (In U.S. dollar except for share and per share data) | | | | | For the Six months ended June 30, | | | 2026 (Unaudited) | | | 2025 (Unaudited) | Revenues | | $ | 33,380,930 | | | $ | 28,129,714 | Cost of revenues | | | 26,127,199 | | | | 21,008,170 | Gross profit | | | 7,253,731 | | | | 7,121,544 | | | | | | | | | Operating expenses: | | | | | | | | Selling and marketing expenses | | | 219,295 | | | | 249,558 | General and administrative expenses | | | 2,047,280 | | | | 1,167,954 | Total operating expenses | | | 2,266,575 | | | | 1,417,512 | | | | | | | | | Income from operations | | | 4,987,156 | | | | 5,704,032 | | | | | | | | | Other income (expenses): | | | | | | | | Interest income | | | 29,114 | | | | 307 | Other income (expenses), net | | | 1,120,518 | | | | (790,420 | ) Interest expense | | | (2,870 | ) | | | (3,013 | ) Total other income (expenses) | | | 1,146,762 | | | | (793,126 | ) | | | | | | | | Income before income tax expenses | | | 6,133,918 | | | | 4,910,906 | | | | | | | | | Income tax expenses | | | 1,641,241 | | | | 1,084,606 | Net income | | $ | 4,492,677 | | | $ | 3,826,300 | | | | | | | | | Weighted average shares outstanding for Class A and Class B ordinary shares | | | | | | | | Basic and diluted | | | 55,056,538 | | | | 52,000,000 | | | | | | | | | Earnings per share for Class A and Class B ordinary shares | | | | | | | | Basic and diluted | | $ | 0.08 | | | $ | 0.07 | | | | | | | | | Other comprehensive income (loss): | | | | | | | | Net income | | $ | 4,492,677 | | | $ | 3,826,300 | Foreign currency translation adjustment, net of tax of nil | | | (1,466,624 | ) | | | 703,331 | Total comprehensive income | | $ | 3,026,053 | | | $ | 4,529,631 | | | | ONE AND ONE GREEN TECHNOLOGIES. INC UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (In U.S. dollar except for share and per share data) | | | | | For the Six months ended June 30, | | | 2026 (Unaudited) | | | 2025 (Unaudited) | Cash flows from operating activities | | | | | | Net income | | $ | 4,492,677 | | | $ | 3,826,300 | Adjustments to reconcile net income to net cash provided by operating activities | | | | | | | | Depreciation of property, plant and equipment | | | 434,996 | | | | 456,709 | Amortization of operating lease right-of-use assets | | | (50,329 | ) | | | 79,867 | Deferred income tax | | | 114,558 | | | | (1,145 | ) Amortization of deferred expenses | | | 206,404 | | | | - | Changes in assets and liabilities | | | | | | | | Accounts receivable | | | (7,373,982 | ) | | | 667,809 | Inventories | | | (10,506,363 | ) | | | (15,034,423 | ) Advances to suppliers | | | 496,473 | | | | - | Other receivables and current assets | | | (1,113,176 | ) | | | (327 | ) Other non-current assets | | | 477,789 | | | | - | Accounts payable | | | 2,631,534 | | | | 7,149,232 | Other payables and accrued expenses | | | (137,946 | ) | | | 538,611 | Taxes payable | | | 1,525,401 | | | | 1,079,500 | Due to related parties | | | (372,251 | ) | | | (28,714 | ) Operating lease liabilities | | | (757,286 | ) | | | (465,891 | ) Net cash used in operating activities | | | (9,931,501 | ) | | | (1,732,472 | ) | | | | | | | | Cash flows from investing activities | | | | | | | | Purchase of property, plant and equipment | | | (746,169 | ) | | | - | Collection of loan receivable | | | 140,000 | | | | - | Net cash used in investing activities | | | (606,169 | ) | | | - | | | | | | | | | Cash flows from financing activities | | | | | | | | Payment of deferred offering costs | | | - | | | | (25,516 | ) Net proceeds from share and warrants issuance | | | 11,825,513 | | | | - | Principal payments on financed amount for purchase of vehicle | | | (7,353 | ) | | | - | Net cash provided by (used in) financing activities | | | 11,818,160 | | | | (25,516 | ) | | | | | | | | Effect of exchange rate changes on cash and cash equivalents | | | 475,158 | | | | 32,921 | | | | | | | | | Net (decrease) increase of cash and cash equivalents | | | 1,755,648 | | | | (1,725,067 | ) Cash and cash equivalents – beginning of the year | | | 957,285 | | | | 1,847,634 | Cash and cash equivalents – end of the year | | $ | 2,712,933 | | | $ | 122,567 | | | | | | | | | Supplementary cash flow information: | | | | | | | | Interest paid | | $ | 2,870 | | | $ | 3,013 | Income taxes paid | | $ | 1,252 | | | $ | 978 | # # #

Related articleQuarter not tagged2026-04-28

One and One Green Technologies Reports Strong 2025 Financial Results With 82% Increase in Net Income

GlobeNewswire
SAN RAFAEL, Bulacan, Philippines, April 28, 2026 (GLOBE NEWSWIRE) -- One and one Green Technologies. INC (Nasdaq: YDDL) (“One and One” or the “Company”) (NASDAQ: YDDL), a Philippines-based recycler holding a government-issued license in the Philippines to import and process hazardous waste as raw materials, today announced its audited financial results for the fiscal year ended December 31, 2025, in conjunction with the filing of its Annual Report on Form 20-F with the U.S. Securities and Exchange Commission. Financial Highlights – Fiscal Year Ended December 31, 2025: Total revenue increased 23% year over year to $65.8 million from $53.5 million. Gross profit rose 49% to $15.8 million from $10.6 million in the prior year. Gross margin improved to 23.9%, up from 19.8%, representing a 417 basis point expansion. Income from operations grew 47% to $11.9 million, compared to $8.1 million in 2024. Net income advanced 82% to $11.8 million from $6.5 million in the prior year. Earnings per share (basic and diluted) increased 81% to $0.23 from $0.12. “2025 was a defining year for One and One. We delivered record revenue and strong profitability, with net income increasing by over 80%, and gross margin expanded by more than four hundred basis points. The Company also completed its U.S. initial public offering on Nasdaq during the year,” said Ms. Tina Yan, Chairwoman of the Board and Chief Executive Officer of One and One Green Technologies. “Our core copper alloy ingot business grew revenue 37% year over year, driven by sustained demand from Asia-Pacific end markets and our ability to secure raw materials at favorable prices. As a newly listed company, we remain focused on executing our strategy with discipline, strengthening our operational foundation, and expanding our presence across key international markets. We are committed to driving sustainable growth and enhancing long-term shareholder value.” Operational and Financial Review Revenue growth was led by copper alloy ingots, which increased to $45.1 million in 2025 from $32.8 million in 2024, reflecting stronger demand across key Asia-Pacific end markets and a 37% increase in sales volume. Aluminum alloy revenue grew to $19.8 million from $15.5 million. Brass alloy ingot revenue was $994,000 compared to $4.3 million in the prior year, reflecting a shift in demand within specific customer segments that the Company…Read full document

SAN RAFAEL, Bulacan, Philippines, April 28, 2026 (GLOBE NEWSWIRE) -- One and one Green Technologies. INC (Nasdaq: YDDL) (“One and One” or the “Company”) (NASDAQ: YDDL), a Philippines-based recycler holding a government-issued license in the Philippines to import and process hazardous waste as raw materials, today announced its audited financial results for the fiscal year ended December 31, 2025, in conjunction with the filing of its Annual Report on Form 20-F with the U.S. Securities and Exchange Commission. Financial Highlights – Fiscal Year Ended December 31, 2025: Total revenue increased 23% year over year to $65.8 million from $53.5 million. Gross profit rose 49% to $15.8 million from $10.6 million in the prior year. Gross margin improved to 23.9%, up from 19.8%, representing a 417 basis point expansion. Income from operations grew 47% to $11.9 million, compared to $8.1 million in 2024. Net income advanced 82% to $11.8 million from $6.5 million in the prior year. Earnings per share (basic and diluted) increased 81% to $0.23 from $0.12. “2025 was a defining year for One and One. We delivered record revenue and strong profitability, with net income increasing by over 80%, and gross margin expanded by more than four hundred basis points. The Company also completed its U.S. initial public offering on Nasdaq during the year,” said Ms. Tina Yan, Chairwoman of the Board and Chief Executive Officer of One and One Green Technologies. “Our core copper alloy ingot business grew revenue 37% year over year, driven by sustained demand from Asia-Pacific end markets and our ability to secure raw materials at favorable prices. As a newly listed company, we remain focused on executing our strategy with discipline, strengthening our operational foundation, and expanding our presence across key international markets. We are committed to driving sustainable growth and enhancing long-term shareholder value.” Operational and Financial Review Revenue growth was led by copper alloy ingots, which increased to $45.1 million in 2025 from $32.8 million in 2024, reflecting stronger demand across key Asia-Pacific end markets and a 37% increase in sales volume. Aluminum alloy revenue grew to $19.8 million from $15.5 million. Brass alloy ingot revenue was $994,000 compared to $4.3 million in the prior year, reflecting a shift in demand within specific customer segments that the Company continues to monitor. Gross margin expanded to 23.94% from 19.77%, an improvement of 417 basis points. The Company attributes the improvement principally to lower purchase prices for copper and aluminum raw materials, reflecting disciplined supply chain management and the benefit of our supply arrangements with the key partners. Balance Sheet and Capital Position As of December 31, 2025, One and One had total assets of $56.0 million and total shareholders’ equity of $41.8 million, compared to $36.5 million and $20.7 million, respectively, at the end of 2024. The Company maintained a capital structure with no interest-bearing debt. On October 10, 2025, One and One completed its initial public offering of 2,000,000 Class A ordinary shares at $5.00 per share. On October 28, 2025, the underwriters exercised the overallotment option in full to purchase an additional 300,000 Class A ordinary shares. Total gross proceeds from the offering, including the over-allotment, were approximately $11.5 million before deducting underwriting discounts and other offering expenses. Conference Call and Audio Webcast One and One’s management team will hold an earnings conference call at 8:00 A.M. U.S. Eastern Time (8:00 P.M. Manila Time) on April 28, 2026, to discuss its financial results. Toll-free dial-in number: 1-877-407-3982 International dial-in number: 1-201-493-6780 Webcast and replay: https://viavid.webcasts.com/starthere.jsp?ei=1761177&tp_key=c045e6e7ca A live and archived webcast of the conference call will also be available on the Company’s investor relations website at https://ir.onepgti.com. About One and One Green Technologies. INC One and one Green Technologies. INC (NASDAQ: YDDL) is a licensed hazardous waste importer and a licensed recycler of non-ferrous metals and industrial materials in the Philippines. One and One transforms electronic waste, scrap metal, and other raw materials into high-value products, including copper alloy ingots and aluminum scraps. With a significant permitted annual capacity and advanced processing capabilities, One and One provides economical, flexible, and environmentally responsible recycling solutions to manufacturers and industrial clients across domestic and international markets. One and One is strategically positioned to meet the growing demand for sustainable resource management. For more information, please visit our website at www.onepgti.com. Forward-Looking Statements This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. Investor Relations Contact: Matthew Abenante, IRC President Strategic Investor Relations, LLC Tel: 347-947-2093 Email: [email protected]

Related articleQuarter not tagged2026-04-28

One and One Green Technologies. Inc Class A Ordinary Shares Q4 Earnings Call Highlights

MarketBeat
Fiscal 2025 results: One & One reported record revenue of $65.8 million, net income nearly doubled to $11.8 million, gross margin expanded ~417 bps to 23.94%, and the company completed its Nasdaq IPO. Defensible operating model: The Philippines-based recycler holds a hazardous-waste import license and environmental permits with ~300,000 tons permitted annual capacity, uses proprietary emissions technology (EGR) for metal recovery, and sources from a diversified supplier network to serve Asia‑Pacific copper and aluminum demand. Growth and liquidity outlook: Management plans international expansion and a dedicated lithium‑battery recycling facility within three years; the company ended the year with no interest‑bearing debt and shareholders’ equity of $41.8 million, but cash was $957,000 after $9.0 million net operating cash use, with IPO proceeds (~$11.5 million gross) providing financing. Interested in One and One Green Technologies. Inc Class A Ordinary Shares? Here are five stocks we like better. One and One Green Technologies. Inc Class A Ordinary Shares (NASDAQ:YDDL) reported fiscal 2025 results highlighting record revenue, higher profitability, and the completion of its Nasdaq initial public offering, according to management on the company’s earnings conference call. Tina Yan, Chairman and Chief Executive Officer, said fiscal 2025 marked a major milestone for the Philippines-based recycling company. “We delivered record revenue of $65.8 million, nearly doubled net income to $11.8 million, expanded gross margin by more than 400 basis points, and completed our initial public offering on Nasdaq,” Yan said. → Pipelines and Automation: 2 Energy Plays Built for Any Oil Price Yan attributed performance to what she called “disciplined execution” of a business model built over more than a decade, centered on a licensed, environmentally focused recycling platform serving industrial demand across the Asia-Pacific region. Chief Financial Officer Chun Kit Wong described One & One Green Technologies as a recycler of non-ferrous metals and industrial materials that imports hazardous waste into the Philippines as raw material under a government-issued license. Wong said the company holds operating permits from the Bureau of Customs, the Department of Environment and Natural Resources, and the Environmental Management Bureau (EMB), with permitted annual processing capac…Read full document

Fiscal 2025 results: One & One reported record revenue of $65.8 million, net income nearly doubled to $11.8 million, gross margin expanded ~417 bps to 23.94%, and the company completed its Nasdaq IPO. Defensible operating model: The Philippines-based recycler holds a hazardous-waste import license and environmental permits with ~300,000 tons permitted annual capacity, uses proprietary emissions technology (EGR) for metal recovery, and sources from a diversified supplier network to serve Asia‑Pacific copper and aluminum demand. Growth and liquidity outlook: Management plans international expansion and a dedicated lithium‑battery recycling facility within three years; the company ended the year with no interest‑bearing debt and shareholders’ equity of $41.8 million, but cash was $957,000 after $9.0 million net operating cash use, with IPO proceeds (~$11.5 million gross) providing financing. Interested in One and One Green Technologies. Inc Class A Ordinary Shares? Here are five stocks we like better. One and One Green Technologies. Inc Class A Ordinary Shares (NASDAQ:YDDL) reported fiscal 2025 results highlighting record revenue, higher profitability, and the completion of its Nasdaq initial public offering, according to management on the company’s earnings conference call. Tina Yan, Chairman and Chief Executive Officer, said fiscal 2025 marked a major milestone for the Philippines-based recycling company. “We delivered record revenue of $65.8 million, nearly doubled net income to $11.8 million, expanded gross margin by more than 400 basis points, and completed our initial public offering on Nasdaq,” Yan said. → Pipelines and Automation: 2 Energy Plays Built for Any Oil Price Yan attributed performance to what she called “disciplined execution” of a business model built over more than a decade, centered on a licensed, environmentally focused recycling platform serving industrial demand across the Asia-Pacific region. Chief Financial Officer Chun Kit Wong described One & One Green Technologies as a recycler of non-ferrous metals and industrial materials that imports hazardous waste into the Philippines as raw material under a government-issued license. Wong said the company holds operating permits from the Bureau of Customs, the Department of Environment and Natural Resources, and the Environmental Management Bureau (EMB), with permitted annual processing capacity of approximately 300,000 tons. → Homebuilder Earnings: D.R. Horton Sticks Out as Pulte & NVR Sales Tank Wong said the company operates three production sites in Bulacan Province and employs 90 staff, including seven engineers. It sources electronic waste, scrap metal, and industrial byproducts from Korea, Japan, Southeast Asia, Europe, and the United States and converts inputs into products including copper alloy ingots, aluminum scraps, and brass alloy ingots for end markets such as casting, vehicle manufacturing, and equipment manufacturing. Wong outlined what he called three pillars of the company’s competitive position: Regulatory barriers to entry: a hazardous waste import license and environmental permits that Wong said are “difficult to obtain,” limiting new entrants. Proprietary emissions technology: an Exhaust Gas Recirculation system, approved annually by the EMB, that captures ash and slag for additional metal recovery and compliance. Diversified supplier network: more than 100 counterparties and a regulatory approval and registration process that designates specified quantities of certain materials for delivery, which Wong said helps manage raw material cost volatility. → Meta Platforms Earnings Preview: What to Watch in Q1 2026 Report Wong reported total revenue of $65.8 million for fiscal 2025, up from $53.5 million in fiscal 2024, an increase of $12.4 million, or 23% year over year. Growth was concentrated in the company’s two largest product lines. Copper alloy ingot revenue rose to $45.1 million from $32.8 million. On a volume basis, Wong said copper alloy sales increased 37% year over year, which he attributed to “sustained demand from manufacturers across the Asia-Pacific region” and the company’s ability to deliver consistent output. Aluminum alloy revenue increased to $19.8 million from $15.5 million, which Wong said reflected continued scaling in a line where the company has been “scaling carefully to match customer specifications.” Brass alloy ingot revenue fell to $994,000 from $4.3 million in the prior year. Wong said the decline reflected “a shift in demand within specific customer segments,” adding that management is “not currently assuming a recovery in this product line” in near-term plans and encouraged investors to model the business primarily on copper and aluminum rather than a brass rebound. Gross profit rose to $15.8 million from $10.6 million, a 49% increase. Gross margin expanded to 23.94% from 19.77%, an improvement of 417 basis points. Wong said margin expansion was driven principally by lower purchase prices for copper and aluminum raw materials, which he tied to the company’s regulatory approval and registration process that supports visibility over inbound volumes, as well as “disciplined execution” by its procurement team. Operating expenses increased to $3.9 million from $2.5 million, driven by what Wong described as two non-recurring items tied to the company’s transition to public company status: about $363,000 of one-time listing-related expenses connected with the October IPO, and approximately $1.1 million of additional senior executive compensation put in place in preparation for public company requirements. Income from operations increased to $11.9 million from $8.1 million, up 47%. Net income was $11.8 million compared to $6.5 million, an 82% increase. Earnings per share, basic and diluted, were $0.2254 versus $0.1246 in fiscal 2024. Wong said the faster growth in net income relative to operating income was “explained primarily by a lower effective tax rate in 2025 relative to 2024.” On the balance sheet, Wong reported total assets of $56.0 million as of Dec. 31, 2025, up from $36.5 million at year-end 2024, and shareholders’ equity of $41.8 million, more than double the prior year’s $20.7 million. Wong said the company ended the year with no interest-bearing debt, a structure he said the company intends to maintain. Cash and cash equivalents were $957,000 at year-end, down from $1.85 million. Net cash used in operating activities was $9.0 million in 2025, compared with $2.0 million provided by operations in 2024, which Wong attributed to working capital investment. Accounts receivable increased by $9.7 million as revenue grew and customer payment terms extended; inventories increased by $2.1 million; advances to suppliers rose by $2.1 million; and accounts payable declined by $4.1 million. Net cash used in investing activities was $2.7 million, including about $736,000 of capital expenditures and a $2.0 million loan to a third party. Net cash provided by financing activities was $10.1 million, “substantially all” from net proceeds of the October IPO. Wong said gross offering proceeds, including the full exercise of the underwriter’s over-allotment, were approximately $11.5 million, with the remainder reflecting underwriting discounts and other offering expenses. Looking ahead, Yan and Wong outlined a roadmap focused on geographic expansion, talent recruitment, and a new processing facility dedicated to lithium battery recycling. Yan said the company’s strategy centers on three priorities: expanding into Southeast Asia, Japan, South Korea, Europe, and the Americas; building an international business development team with language and cultural expertise; and preparing to launch a dedicated lithium battery recycling facility “within the next 3 years.” Wong echoed those priorities and said the company expects to build additional capacity for lithium battery recycling within the same timeframe, citing International Energy Agency data that global electric vehicle sales exceeded 17 million units in 2024 and grew at a compound annual rate of about 30%. Wong said the company believes its existing licensing framework, environmental infrastructure, and technical capability position it to be an early mover in recovering materials as batteries reach end of life. Wong also highlighted “disciplined capital deployment,” saying management plans to invest in the highest-returning opportunities, including organic capacity, selective acquisitions that strengthen technology, or investments that deepen supplier relationships, with material commitments subject to board review. During the Q&A, management discussed the regulatory framework around its hazardous waste import license, noting it operates under the Basel Convention and requires ongoing authorization and permits, including those tied to the EMB and Bureau of Customs. Management also addressed potential impacts from expanded U.S. Section 232 tariffs on metals, saying direct exposure is limited because the company sells primarily into Asia-Pacific markets and sources under Philippine customs rules, while noting global shifts in metal flows could affect supply dynamics in the regions it serves. On broader demand trends, management pointed to rising global usage of copper and aluminum linked to data center build-outs and the electric vehicle transition. While stating the company is “not a direct supplier to any hyperscaler,” management said tightening global demand conditions could favor licensed operators with permitted capacity, which it believes describes One & One’s position. One and one Green Technologies. INC is a waste materials and scrap metal recycling company. It engages in the recycling, production and trading of scrap metals. One and one Green Technologies. INC is headquartered in the Philippines. The article "One and One Green Technologies. Inc Class A Ordinary Shares Q4 Earnings Call Highlights" was originally published by MarketBeat.

TranscriptFY2025 Q42026-04-28

FY2025 Q4 earnings call transcript

Earnings source - 25 paragraphs
Operator

Thank you for joining the One and One Green Technologies Earnings Conference Call for Fiscal Year 2025. Please take note that today's call is being recorded. It is my pleasure to introduce Matthew Abenante, President of Strategic Investor Relations. Please go ahead.

Matthew Abenante

Thank you, operator, and thank you everyone for joining us today. Our earnings press release was distributed earlier today and is available in the investor relations section of the One and One Green Technologies website at ir.onepgti.com. Joining us on the call today will be Tina Yan, Chairman and Chief Executive Officer, along with Chun Kit Wong, Chief Financial Officer. Before we begin, I want to remind our listeners that any statements on this call that are not historical facts are forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the company uses words such as may, will, intend, should, believe, expect, anticipate, project, estimate, or similar expressions that do not relate solely to historical matters, it is making forward-looking statements.

Matthew Abenante

Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks. Investors are cautioned not to place undue reliance upon any forward-looking statements on today's call. The company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. With that, I would like to turn the call over to our first speaker, Tina Yan, Chairwoman and Chief Executive Officer of One and One Green Technologies. Hello, Ms. Yan.

Tina Yan

Thank you, Matt, thank you all for joining us today. Fiscal year 2025 was a defining year for One and One. We delivered record revenue of $65.8 million, nearly doubled net income to $11.8 million, expanded gross margin by more than 400 basis points, and completed our initial public offering on NASDAQ. These results reflect the disciplined execution of a business model. We have been building for more than a decade a licensed capacity reach, environmentally responsible recycling platform, serving real industry demand across Asia Pacific. Our 2025 results validated our operating model. Our core copper alloy ingot business grew revenue by 37% year-over-year, driving by sustained demand manufacturing across Asia Pacific, and by our ability to secure favorable raw material pricing through long-standing supplier relationships.

Tina Yan

That combination demand at the top line and the softening on input costs is what produces the margin execution expansion you see in our numbers. Going forward, we end 2026 with a clear roadmap. Our growth strategy is focused on 3 priorities: geographic expansion into Southeast Asia, Japan, South Korea, Europe, and the Americas. Building an International Business Environment team with the language and cultural expertise to support that expansion, and preparing for the launch of the dedicated lithium battery recycling facility within the next 3 years to capture the end-of-life opportunity created by the global electric vehicle transition. We believe these 3 priorities, working from the foundation of a government-issued hazardous waste import license, permitted annual process capacity of approximately 300,000 tons, and proprietary emissions technology approved by the Environmental Management Bureau of the Philippines, position One and One for a durable multi-year growth path.

Tina Yan

I want to thank you, shareholders, for the confidence they have placed in us, our employees, for the execution that made this year possible, and our customers and suppliers for the partnerships that sit at the center of everything we do. I will now turn the call over to our Chun Kit Wong, our CFO, to provide a more detailed business overview and the review of our financing performance.

Chun Kit Wong

Thank you, Ms. Yan. Good morning to everyone on the call. I will now provide a brief overview of our business for those who may be newer to the One and One story and walk you through our fiscal 2025 financial results. One and One Green Technologies is a Philippines-based recycler of non-ferrous metals and industrial materials. We hold a government-issued license to import hazardous waste as raw materials into the Philippines, along with a full complement of operating permits from the Bureau of Customs, the Department of Environment and Natural Resources, and the Environmental Management Bureau. Our permitted annual processing capacity is approximately 300,000 tons. We operate three production sites in Bulacan Province, and we employ 90 staff, including seven engineers.

Chun Kit Wong

We take in electronic waste, scrap metal, and industrial byproducts from suppliers in Korea, Japan, Southeast Asia, Europe, and the United States, and we transform those inputs into copper alloy ingots, aluminum scraps, brass alloy ingots, and related products that are sold into casting, vehicle manufacturing, and equipment manufacturing end markets. We believe our competitive position rests on three pillars. First, the regulatory framework consisting of our hazardous waste import license and our full suite of environmental permits, difficult to obtain in creating meaningful barriers to entry. Second, our proprietary exhaust gas recirculation system, approved annually by the Environmental Management Bureau, captures ash and slag from emissions for further metal recovery, improving both yield and compliance.

Chun Kit Wong

Third, a supplier base of over 100 counterparties across multiple geographies, supported by supply arrangements with our key partners and a regulatory approval and registration process under which specified quantities of certain materials are designated for delivery to us, which has proven valuable in managing raw material cost volatility. Turning to the numbers. Total revenue for fiscal year 2025 was $65.8 million, compared to $53.5 million in fiscal 2024, an increase of $12.4 million or 23% year-over-year. The growth was concentrated in our two largest product lines. Copper alloy ingot revenue grew to $45.1 million, up from $32.8 million in the prior year.

Chun Kit Wong

On a volume basis, copper alloy sales increased 37% year-over-year, reflecting sustained demand from manufacturers across the Asia-Pacific region and our ability to meet that demand with consistently specified output. Aluminum alloy revenue was $19.8 million, compared to $15.5 million in 2024. Another year of meaningful growth in a product line where we have been scaling carefully to match customer specifications. Brass alloy ingot revenue was $994,000, compared to $4.3 million in 2024. That decline reflects a shift in demand within specific customer segments that we continue to monitor. We are not currently assuming a recovery in this product line in our near-term plans, and I would encourage investors to model the business on the strength of copper and aluminum rather than on a brass rebound.

Chun Kit Wong

Gross profit for the year was $15.8 million, up from $10.6 million in fiscal 2024, a 49% increase. Gross margin expanded to 23.94%, compared to 19.77% in the prior year, an improvement of 417 basis points. The margin expansion was driven principally by lower purchase prices for copper and aluminum raw materials, which reflects two things. The benefit of the regulatory approval and registration process that supports visibility over certain inbound material volumes. Second, disciplined execution by our procurement team. Operating expenses for the year were $3.9 million, compared to $2.5 million in 2024. The year-over-year increase of approximately $1.4 million was driven by two non-recurring items tied to our transition to public company status.

Chun Kit Wong

Approximately $363,000 of one-time listing related expenses incurred in connection with our October IPO and approximately $1.1 million of additional senior executive compensation put in place in preparation for public company requirements. Income from operations was $11.9 million for the year, up from $8.1 million in 2024, an increase of 47%. Net income was $11.8 million, compared to $6.5 million in the prior year, an 82% increase. Earnings per share, both basic and diluted, were $0.2254, compared to $0.1246 in fiscal 2024, an increase of approximately 81%.

Chun Kit Wong

The gap between the roughly 47% growth in operating income and the 82% growth in net income is explained primarily by a lower effective tax rate in 2025 relative to 2024. Moving to the balance sheet. As of December 31st, 2025, total assets were $56.0 million, up from $36.5 million at the end of 2024. Total shareholders' equity was $41.8 million, more than double the $20.7 million at year-end 2024. We closed the year with no interest-bearing debt on the balance sheet, a capital structure we have maintained throughout our history and one we intend to preserve as we fund our growth. Cash and cash equivalents at year-end were $957,000, compared to $1.85 million at the end of 2024.

Chun Kit Wong

Net cash used in operating activities was $9.0 million in 2025, compared to $2.0 million of cash provided by operations in 2024. The shift was driven by working capital investment. Specifically, accounts receivable increased by $9.7 million as the revenue base grew and customer payment terms extended in line with industry norms. Inventories increased by $2.1 million to support higher production volumes. Advances to suppliers increased by $2.1 million as we secured raw material positions under our lockup arrangements, and accounts payable declined by $4.1 million as we managed supplier relationships through the IPO period. The business generated $11.8 million in net income.

Chun Kit Wong

As shown on the operating cash flow line, net income is being redeployed into the working capital required to support a larger revenue base going forward. Net cash used in investing activities was $2.7 million, which included approximately $736,000 of capital expenditures and a $2.0 million loan to a third party. Net cash provided by financing activities was $10.1 million, substantially all of which represented the net proceeds from our October IPO. Gross proceeds from the offering, including the full exercise of the underwriter's over-allotment, were approximately $11.5 million, with the difference reflecting underwriting discounts and other offering expenses.

Chun Kit Wong

Taken together, the full year 2025 picture is a business that grew revenue by 23%, expanded gross margin by more than 400 basis points, nearly doubled net income, invested aggressively in working capital to support continued growth, and capitalized itself through the public markets without taking on debt. We believe that is the right profile for the stage we are in. Looking ahead to 2026 and beyond, our operating priorities are focused on three areas. First, geographic expansion. We are working to deepen our sourcing of raw materials from Japan and South Korea and to expand our customer footprint into additional Southeast Asian, European, and American markets. To support that expansion, we are recruiting an international business development team with the language skills and cultural expertise to operate across these markets. Second, new processing capacity.

Chun Kit Wong

We expect to build out an additional processing facility within the next 3 years dedicated to lithium battery recycling. According to the International Energy Agency, global electric vehicle sales exceeded 17 million units in 2024, with a compound annual growth rate of approximately 30%. The first generation of lithium batteries from these vehicles is now approaching the end of life, and we believe our existing licensing framework, environmental infrastructure, and technical capability position us to be an early mover in recovering these materials. Third, disciplined capital deployment. Our priority is to deploy capital into the highest returning opportunities, whether that is organic capacity, selective acquisitions that strengthen our technology position, or investments that deepen our supplier relationships. Any material capital commitment will be reviewed and considered by our board. With that, I will turn the call back to Matthew for questions.

Matthew Abenante

Thank you, and thanks to everyone for submitting their questions. Our first question: I am new to the One and One story. Can you walk us through the regulatory framework for your hazardous waste import license? How difficult is it to obtain and maintain, and how does that shape the competitive dynamics you face in the Philippines?

Chun Kit Wong

The license we hold operates under the Basel Convention, which governs the transboundary movement of hazardous waste worldwide. In practice, that means a company operating in our space needs authorization from the Environmental Management Bureau of the Philippines, a full permit to operate, a valid discharge permit, and specific import and export permits issued through the Bureau of Customs, and each of those has to be maintained in good standing on an ongoing basis. These are not routinely granted permits to new entrants. Our emissions system is reviewed and approved annually by the EMB. The practical effect is that the competitive field in our space is structurally limited, and we intend to continue operating at the highest compliance standard to protect that position. We view this regulatory footprint as one of the most durable assets the company holds.

Matthew Abenante

Our next question. On April 6th, the White House expanded Section 232 tariffs on copper, aluminum, and steel to apply to the full customs value of imported articles. 50% on primary metals and 25% on derivatives, with copper scrap exempted. How does a reshuffling of global metals flows of this magnitude affect One and One's competitive position?

Chun Kit Wong

Our direct exposure is limited. We sell primarily into Asia-Pacific, not the United States, and our raw material inflows are governed by Philippine customs, not U.S. trade policy. The indirect picture is more interesting. When the U.S. applies a 50% tariff on copper articles, it reshapes global metal flows, and some of that supply is now seeking alternative demand in the Asia-Pacific markets we already serve. Our access to certain categories of waste electronic and metal scrap materials is supported by a bilateral regulatory approval process between the exporting jurisdiction and the Philippines. Once approved, specific quantities of materials are authorized and designated for delivery to us, which provides supply visibility and helps mitigate raw material cost volatility. The contrast with Western recyclers operating in a very different cost environment is something we expect to become more visible to institutional investors over the course of 2026.

Matthew Abenante

Recent analyst reports argue that AI is creating a dual shock, compressing margins in software while turning the U.S. hyperscalers into the largest capital spenders in history. Roughly one and a half trillion dollars of hyperscaler CapEx through 2026. Over $650 billion in 2026 alone. A build-out that consumes enormous volumes of copper, aluminum, and specialized alloys. How do you see that affecting demand in your space?

Chun Kit Wong

A single modern hyperscale data center can require thousands of tons of copper for power distribution and cooling, as well as substantial amounts of aluminum and specialized alloys for power infrastructure. Multiply that across the global build-out, layer it on top of the independent copper and aluminum demand from the EV transition. You have two structural demand drivers operating in parallel, each among the largest demand events in the history of these categories. I want to be precise about what this means for us. We are not a direct supplier to any hyperscaler. Our customers are manufacturers across the Asia-Pacific. When global metals demand tightens across the categories we process, that is a condition that favors licensed operators with permitted capacity-rich positions. That is the position we have built.

Matthew Abenante

Well, thank you. That's our last question. Again, we wanna thank everyone for participating in today's call. We look forward to providing additional updates in the near future. In the meantime, you can reach me directly at [email protected]. Goodbye.

Operator

Ladies and gentlemen, thank you for your participation. This does conclude today's teleconference. You may disconnect your lines and have a wonderful day.

Related articleQuarter not tagged2026-04-22

One and One Green Technologies. INC to Report Fiscal Year 2025 Financial Results and Hold Earnings Call on April 28, 2026

GlobeNewswire
SAN RAFAEL, BULACAN, PHILIPPINES, April 22, 2026 (GLOBE NEWSWIRE) -- One and one Green Technologies. INC (Nasdaq: YDDL) (“One and One” or the “Company”) (NASDAQ: YDDL), a Philippines-based recycler holding a government-issued license in the Philippines to import and process hazardous waste as raw materials, today announced that it will report its financial results for the fiscal year ended December 31, 2025, before the market opens on Tuesday, April 28, 2026. One and One’s management team will hold an earnings conference call at 8:00 A.M. U.S. Eastern Time (8:00 P.M. Manila Time) on April 28, 2026, to discuss its financial results and provide a business update. Investors may submit written questions by April 24 via email to: [email protected]. Earnings Conference Call & Audio Webcast Toll-free dial-in number: 1-877-407-3982 International dial-in number: 1-201-493-6780 Webcast and replay: https://viavid.webcasts.com/starthere.jsp?ei=1761177&tp_key=c045e6e7ca A live and archived webcast of the conference call will also be available on the Company’s investor relations website at https://ir.onepgti.com. About One and One Green Technologies. INC One and one Green Technologies. INC (NASDAQ: YDDL) is a licensed hazardous waste importer and a licensed recycler of non-ferrous metals and industrial materials in the Philippines. One and One transforms electronic waste, scrap metal, and other raw materials into high-value products, including copper alloy ingots and aluminum scraps. With a significant permitted annual capacity and advanced processing capabilities, One and One provides economical, flexible, and environmentally responsible recycling solutions to manufacturers and industrial clients across domestic and international markets. One and One is strategically positioned to meet the growing demand for sustainable resource management. For more information, please visit our website at www.onepgti.com. Forward-Looking Statements This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do n…Read full document

SAN RAFAEL, BULACAN, PHILIPPINES, April 22, 2026 (GLOBE NEWSWIRE) -- One and one Green Technologies. INC (Nasdaq: YDDL) (“One and One” or the “Company”) (NASDAQ: YDDL), a Philippines-based recycler holding a government-issued license in the Philippines to import and process hazardous waste as raw materials, today announced that it will report its financial results for the fiscal year ended December 31, 2025, before the market opens on Tuesday, April 28, 2026. One and One’s management team will hold an earnings conference call at 8:00 A.M. U.S. Eastern Time (8:00 P.M. Manila Time) on April 28, 2026, to discuss its financial results and provide a business update. Investors may submit written questions by April 24 via email to: [email protected]. Earnings Conference Call & Audio Webcast Toll-free dial-in number: 1-877-407-3982 International dial-in number: 1-201-493-6780 Webcast and replay: https://viavid.webcasts.com/starthere.jsp?ei=1761177&tp_key=c045e6e7ca A live and archived webcast of the conference call will also be available on the Company’s investor relations website at https://ir.onepgti.com. About One and One Green Technologies. INC One and one Green Technologies. INC (NASDAQ: YDDL) is a licensed hazardous waste importer and a licensed recycler of non-ferrous metals and industrial materials in the Philippines. One and One transforms electronic waste, scrap metal, and other raw materials into high-value products, including copper alloy ingots and aluminum scraps. With a significant permitted annual capacity and advanced processing capabilities, One and One provides economical, flexible, and environmentally responsible recycling solutions to manufacturers and industrial clients across domestic and international markets. One and One is strategically positioned to meet the growing demand for sustainable resource management. For more information, please visit our website at www.onepgti.com. Forward-Looking Statements This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. Investor Relations Contact: Matthew Abenante, IRC President Strategic Investor Relations, LLC Tel: 347-947-2093 Email: [email protected]

Related articleQuarter not tagged2025-11-18

One and One Green Technologies. INC Reports Strong First Half 2025 Results

GlobeNewswire
Revenues Surge 51% to $28.1 Million; Net Income Jumps 60% with Gross Margin Expansion to 25.3% SAN RAFAEL, Philippines, Nov. 17, 2025 (GLOBE NEWSWIRE) -- One and one Green Technologies. INC (“One and One” or the “Company”) (NASDAQ: YDDL), a waste materials and scrap metal recycling company in the Philippines, today announced its unaudited financial results for the six months ended June 30, 2025. Financial Highlights for the Six Months Ended June 30, 2025: “We are pleased with our robust performance in the first half of 2025, marked by accelerating revenue growth and substantial margin expansion amid favorable market conditions,” said Ms. Caifen Yan, Chairman of the Board and CEO of One and One. “Our performance was driven by surging demand for our copper products in the high-growth Asia-Pacific region and our proven ability to secure favorable pricing for our raw materials, which led to a significant improvement in our gross margin to 25%. Our focus on sustainable recycling solutions and cost-effective operations has positioned us to capitalize on increasing global demand for responsibly sourced metals. We are highly confident that our strategic focus on high-demand products and efficient cost management will continue to drive sustainable growth and value for our shareholders.” Operational and Financial Review The Company’s strong revenue growth was primarily driven by a significant increase in sales of copper ingots, which rose to $18.5 million in the first half of 2025 from $8.2 million in the prior-year period. This was a result of increased demand from key end markets in the Asia-Pacific region. Sales of aluminum alloy also increased modestly to $8.6 million. The improvement in gross margin was a key highlight of the period, increasing by 341 basis points to 25.32%. This was attributable to the Company’s ability to procure copper and aluminum alloys at lower purchase prices, demonstrating effective supply chain management. Operating expenses for the first six months of 2025 were $1.4 million, compared to $1.1 million in the first half of 2024. The increase was primarily due to approximately $354,000 in one-time expenses related to the Company’s initial public offering. As of June 30, 2025, the Company had total assets of $49.9 million and total shareholders' equity of $25.3 million. The Company maintained a strong balance sheet with no interest-bearing d…Read full document

Revenues Surge 51% to $28.1 Million; Net Income Jumps 60% with Gross Margin Expansion to 25.3% SAN RAFAEL, Philippines, Nov. 17, 2025 (GLOBE NEWSWIRE) -- One and one Green Technologies. INC (“One and One” or the “Company”) (NASDAQ: YDDL), a waste materials and scrap metal recycling company in the Philippines, today announced its unaudited financial results for the six months ended June 30, 2025. Financial Highlights for the Six Months Ended June 30, 2025: “We are pleased with our robust performance in the first half of 2025, marked by accelerating revenue growth and substantial margin expansion amid favorable market conditions,” said Ms. Caifen Yan, Chairman of the Board and CEO of One and One. “Our performance was driven by surging demand for our copper products in the high-growth Asia-Pacific region and our proven ability to secure favorable pricing for our raw materials, which led to a significant improvement in our gross margin to 25%. Our focus on sustainable recycling solutions and cost-effective operations has positioned us to capitalize on increasing global demand for responsibly sourced metals. We are highly confident that our strategic focus on high-demand products and efficient cost management will continue to drive sustainable growth and value for our shareholders.” Operational and Financial Review The Company’s strong revenue growth was primarily driven by a significant increase in sales of copper ingots, which rose to $18.5 million in the first half of 2025 from $8.2 million in the prior-year period. This was a result of increased demand from key end markets in the Asia-Pacific region. Sales of aluminum alloy also increased modestly to $8.6 million. The improvement in gross margin was a key highlight of the period, increasing by 341 basis points to 25.32%. This was attributable to the Company’s ability to procure copper and aluminum alloys at lower purchase prices, demonstrating effective supply chain management. Operating expenses for the first six months of 2025 were $1.4 million, compared to $1.1 million in the first half of 2024. The increase was primarily due to approximately $354,000 in one-time expenses related to the Company’s initial public offering. As of June 30, 2025, the Company had total assets of $49.9 million and total shareholders' equity of $25.3 million. The Company maintained a strong balance sheet with no interest-bearing debt. On October 10, 2025, the Company raised approximately $11.5 million in gross proceeds through its initial public offering. Cash used in operating activities was $1.7 million, reflecting an increase in inventory to $20.6 million, which supports anticipated future sales growth. About One and one Green Technologies. INC One and One is a leading waste materials and scrap metal recycling company headquartered in the Philippines, distinguished by its significant permitted annual recycling capacity and government-issued license to import hazardous waste as raw materials. This unique regulatory position enables One and One to actively participate in both domestic and international recycling markets while meeting stringent environmental standards. Our operations focus on efficiently processing raw materials into high-value products, including copper alloy ingots, aluminum scraps, and plastic beads. One and One delivers flexible, scalable solutions for electronic waste, metal scrap, and industrial recycling, positioning the Company as an essential partner to manufacturers and industrial clients. Driven by a commitment to environmental sustainability and cost-effective resource management, One and One leverages its advanced capabilities to reduce processing costs and environmental impact. The Company is ideally placed to capitalize on the growing demand for responsible recycling services in the region, offering investors both stable growth prospects and ongoing innovation in one of Asia’s most dynamic markets. For more information, please visit our website at www.onepgti.com. Forward-Looking Statements This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions other factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. Investor Relations Contact: Matthew Abenante, IRC President Strategic Investor Relations, LLC Tel: 347-947-2093 Email: [email protected]

Related articleQuarter not tagged2025-11-13

One and One Green Technologies. INC to Report First Half of 2025 Financial Results on Monday, November 17, 2025

GlobeNewswire
San Rafael, Bulacan, Philippines, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Earnings Call Scheduled for 8:00 A.M. ET on November 18, 2025 San Rafael, Bulacan, Philippines – November 12, 2025 – One and one Green Technologies. INC (“One and One” or the “Company”) (NASDAQ: YDDL), a waste materials and scrap metal recycling company in the Philippines, today announced that it will report its unaudited financial results for the six months ended June 30, 2025, after the market closes on Monday November 17, 2025. One and One’s management team will hold an earnings conference call at 8:00 A.M. U.S. Eastern Time (9:00 P.M. Manila Time) on November 18, 2025, to discuss its financial results. Conference Call & Audio Webcast Toll-free dial-in number: 1-877-407-3982 International dial-in number: 1-201-493-6780 Webcast and replay: https://viavid.webcasts.com/starthere.jsp?ei=1743204&tp_key=b5c8ff6b8e A live and archived webcast of the conference call will also be available on the Company’s investor relations website at https://ir.onepgti.com. About One and one Green Technologies. INC One and One is a leading waste materials and scrap metal recycling company headquartered in the Philippines, distinguished by its significant permitted annual recycling capacity and government-issued license to import hazardous waste as raw materials. This unique regulatory position enables One and One to actively participate in both domestic and international recycling markets while meeting stringent environmental standards. Our operations focus on efficiently processing raw materials into high-value products, including copper alloy ingots, aluminum scraps, and plastic beads. One and One delivers flexible, scalable solutions for electronic waste, metal scrap, and industrial recycling, positioning the Company as an essential partner to manufacturers and industrial clients. Driven by a commitment to environmental sustainability and cost-effective resource management, One and One leverages its advanced capabilities to reduce processing costs and environmental impact. The Company is ideally placed to capitalize on the growing demand for responsible recycling services in the region, offering investors both stable growth prospects and ongoing innovation in one of Asia’s most dynamic markets. For more information, please visit our website at www.onepgti.com. Forward-Looking Statements This press release con…Read full document

San Rafael, Bulacan, Philippines, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Earnings Call Scheduled for 8:00 A.M. ET on November 18, 2025 San Rafael, Bulacan, Philippines – November 12, 2025 – One and one Green Technologies. INC (“One and One” or the “Company”) (NASDAQ: YDDL), a waste materials and scrap metal recycling company in the Philippines, today announced that it will report its unaudited financial results for the six months ended June 30, 2025, after the market closes on Monday November 17, 2025. One and One’s management team will hold an earnings conference call at 8:00 A.M. U.S. Eastern Time (9:00 P.M. Manila Time) on November 18, 2025, to discuss its financial results. Conference Call & Audio Webcast Toll-free dial-in number: 1-877-407-3982 International dial-in number: 1-201-493-6780 Webcast and replay: https://viavid.webcasts.com/starthere.jsp?ei=1743204&tp_key=b5c8ff6b8e A live and archived webcast of the conference call will also be available on the Company’s investor relations website at https://ir.onepgti.com. About One and one Green Technologies. INC One and One is a leading waste materials and scrap metal recycling company headquartered in the Philippines, distinguished by its significant permitted annual recycling capacity and government-issued license to import hazardous waste as raw materials. This unique regulatory position enables One and One to actively participate in both domestic and international recycling markets while meeting stringent environmental standards. Our operations focus on efficiently processing raw materials into high-value products, including copper alloy ingots, aluminum scraps, and plastic beads. One and One delivers flexible, scalable solutions for electronic waste, metal scrap, and industrial recycling, positioning the Company as an essential partner to manufacturers and industrial clients. Driven by a commitment to environmental sustainability and cost-effective resource management, One and One leverages its advanced capabilities to reduce processing costs and environmental impact. The Company is ideally placed to capitalize on the growing demand for responsible recycling services in the region, offering investors both stable growth prospects and ongoing innovation in one of Asia’s most dynamic markets. For more information, please visit our website at www.onepgti.com. Forward-Looking Statements This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. Investor Relations Contact: Matthew Abenante, IRC President Strategic Investor Relations, LLC Tel: 347-947-2093 Email: [email protected]

As of 2026-10-03 • Updated weeklySource: Earnings sourceIngestion runbook