CVW Sustainable Royalties Announces Second Quarter 2025 Results
CVW Sustainable Royalties (OTCQX: CVWFF) reported its Q2 2025 financial results, highlighting key operational and financial metrics. The company maintained a strong cash position of $3.8 million as of June 30, 2025. Revenue from its royalty debenture with Northstar Clean Technologies reached $367,000 for Q2 2025 and $721,000 for H1 2025.
The company reported a net loss of $1.2 million in Q2 2025 ($0.01 per share) and $2.1 million for H1 2025. Notable developments include Northstar's successful Calgary facility commissioning and a potential EDC project financing for US facilities. CVW also updated its listing status to "investment issuer" and rebranded as CVW Sustainable Royalties, positioning itself to pursue a $600M pipeline of potential royalty transactions.
CVW Sustainable Royalties (OTCQX: CVWFF) ha reso pubblici i risultati finanziari del secondo trimestre 2025, sottolineando i principali indicatori operativi e finanziari. La società ha mantenuto una solida posizione di cassa di $3.8 million al 30 giugno 2025. I ricavi derivanti dal debenture a regime con Northstar Clean Technologies sono stati di $367,000 nel Q2 2025 e di $721,000 nel primo semestre 2025.
Nel Q2 2025 la società ha registrato una perdita netta di $1.2 million (pari a $0.01 per azione) e una perdita di $2.1 million nel primo semestre 2025. Tra gli sviluppi di rilievo figurano l'avvio con successo dell'impianto Northstar di Calgary e un possibile finanziamento EDC per gli impianti negli Stati Uniti. CVW ha inoltre aggiornato il proprio status di quotazione a "investment issuer" e si è ribrandizzata come CVW Sustainable Royalties, posizionandosi per perseguire un pipeline di potenziali transazioni di royalty da $600M.
CVW Sustainable Royalties (OTCQX: CVWFF) anunció sus resultados financieros del segundo trimestre de 2025, destacando los principales indicadores operativos y financieros. La compañía mantuvo una sólida posición de efectivo de $3.8 million al 30 de junio de 2025. Los ingresos procedentes de su debenture de regalías con Northstar Clean Technologies ascendieron a $367,000 en el Q2 2025 y a $721,000 en el primer semestre de 2025.
La compañía reportó una pérdida neta de $1.2 million en el Q2 2025 (equivalente a $0.01 por acción) y de $2.1 million en el primer semestre de 2025. Entre los acontecimientos relevantes se incluye la puesta en marcha con éxito de la planta de Northstar en Calgary y un posible financiamiento EDC para instalaciones en EE. UU. CVW también actualizó su estado de cotización a "investment issuer" y se renombró como CVW Sustainable Royalties, posicionándose para buscar un pipeline de posibles transacciones de regalías de $600M.
CVW Sustainable Royalties (OTCQX: CVWFF)� 2025� 2분기 실적� 발표하며 주요 운영 � 재무 지표를 공개했습니다. 회사� 2025� 6� 30� 기준 $3.8 million� 견조� 현금 보유고를 유지했습니다. Northstar Clean Technologies와� 로열� 디베처에� 발생� 수익은 2025� 2분기� $367,000, 상반� 기준으로� $721,000옶습니�.
회사� 2025� 2분기� $1.2 million� 순손�(주당 $0.01)� 2025� 상반기에 $2.1 million� 순손실을 보고했습니다. 주목� 만한 진전으로� Northstar� 캘거� 시설 성공� 가동과 미국 시설� 위한 잠재� EDC 프로젝트 파이낸싱� 있습니다. CVW� 또한 상장 상태� "investment issuer"� 업데이트하고 사명� CVW Sustainable Royalties� 변경하� $600M 규모� 잠재� 로열� 거래 파이프라인을 추진� � 있는 위치� 갖추었습니다.
CVW Sustainable Royalties (OTCQX: CVWFF) a publié ses résultats du deuxième trimestre 2025, mettant en avant les principaux indicateurs opérationnels et financiers. La société disposait d'une trésorerie solide de $3.8 million au 30 juin 2025. Les revenus liés à son débenture de redevances avec Northstar Clean Technologies se sont élevés à $367,000 au T2 2025 et à $721,000 sur le premier semestre 2025.
La société a enregistré une perte nette de $1.2 million au T2 2025 (soit $0.01 par action) et de $2.1 million sur le premier semestre 2025. Parmi les faits marquants figurent la mise en service réussie de l'installation Northstar à Calgary et un éventuel financement de projet EDC pour des installations aux États-Unis. CVW a également mis à jour son statut de cotation en tant que "investment issuer" et s'est rebaptisée CVW Sustainable Royalties, se positionnant pour poursuivre un pipeline de transactions potentielles de redevances de $600M.
CVW Sustainable Royalties (OTCQX: CVWFF) legte die Finanzergebnisse für das zweite Quartal 2025 vor und hob dabei zentrale operative und finanzielle Kennzahlen hervor. Das Unternehmen verfügte zum 30. Juni 2025 über eine starke Kassenposition von $3.8 million. Die Einnahmen aus dem Royalty-Debenture mit Northstar Clean Technologies beliefen sich auf $367,000 im Q2 2025 und auf $721,000 im ersten Halbjahr 2025.
Das Unternehmen meldete einen Nettoverlust von $1.2 million im Q2 2025 (entspricht $0.01 je Aktie) und von $2.1 million für H1 2025. Erwähnenswerte Entwicklungen sind die erfolgreiche Inbetriebnahme der Anlage von Northstar in Calgary und eine mögliche EDC-Projektfinanzierung für Anlagen in den USA. CVW hat außerdem seinen Listingsstatus auf "investment issuer" aktualisiert und sich in CVW Sustainable Royalties umbenannt, um eine $600M-Pipeline potenzieller Royalty-Transaktionen zu verfolgen.
- Strong cash position of $3.8 million as of Q2 2025
- Growing royalty revenue stream from Northstar reaching $721,000 in H1 2025
- Pipeline of over $600M in potential royalty transactions identified
- Strategic partner Northstar received LOI from Export Development Canada for US facility financing
- Net loss of $1.2 million in Q2 2025, increasing to $2.1 million for H1 2025
- Significant non-cash stock-based compensation expense of $722,000 impacting quarterly results
Calgary, Alberta--(Newsfile Corp. - August 13, 2025) - CVW Sustainable Royalties Inc. (TSXV: CVW) (OTCQX: CVWFF) (FSE: TMD0) (the "Company" or "CVW Royalties") today announced its operating and financial results for the three and six months ended June 30, 2025. For complete details, please refer to the Q2 2025 Condensed Interim Financial Statements and associated Management's Discussion and Analysis, available on SEDAR+: or on the Company's website at: .
Highlights
Cash on hand as at June 30, 2025 was
$3.8 million . The Company remains focused on deploying capital thoughtfully, prioritizing initiatives that support its royalty strategy and drive the development of its Creating Value From Waste™ ("CVW™") technology.Total revenue from the Company's royalty debenture with Northstar Clean Technologies Inc. ("Northstar") was
$367,000 for the three month period ended June 30, 2025, and$721,000 for the six month period ended June 30, 2025.Net loss for the three month period ended June 30, 2025 was
$1.2 million and the net loss per share was$0.01 (basic and diluted) for the same period. This includes non-cash stock-based compensation expense of$722,000 for the three month period ended June 30, 2025.Net loss for the six month period ended June 30, 2025 was
$2.1 million and the net loss per share was$0.01 (basic and diluted) for the same period. This includes non-cash stock-based compensation expense of$1.2 million for the six month period ended June 30, 2025.
In July 2025, Northstar announced that its Calgary facility successfully produced its first liquid asphalt, marking the completion of commissioning activities for the entire plant. With both the front-end and hydrocarbon processing back-end fully operational, Northstar has demonstrated its ability to process asphalt shingles from intake to final product. Northstar is now focused on increasing throughput to reach its next milestone target of 80 tonnes per day. Northstar also announced that it has received a non-binding letter of intent from Export Development Canada for potential project financing for up to four Northstar facilities in the US. This demonstrates strong financing support for Northstar and its growth plans.
In July 2025, the Company updated its listing status to "investment issuer" pursuant to the policies of the TSX Venture Exchange. The Company also amended its articles and commenced trading on the TSX Venture Exchange under the name CVW Sustainable Royalties Inc. The Company's ticker symbol remains unchanged. The industry classification change, together with the name change, is expected to support the Company as it aims to capitalize on its pipeline of over
About CVW Sustainable Royalties Inc.
invests in innovative technologies which provide returns linked to commodities and which operate in a sustainable manner to help accelerate the world's transition to net zero. CVW Sustainable Royalties is building a portfolio of royalty-based cash flow streams by partnering with clean technology innovators in the commodity space. CVW Sustainable Royalties is also the
Additional information on CVW™ can be found within the Process and Technology Overview which is accessible using the link below:
CVW Sustainable Royalties trades on the TSX Venture Exchange under the symbol "CVW", on the OTCQX under "CVWFF", and on the Frankfurt Stock Exchange under the symbol "TMD0".
Disclosure regarding forward-looking information
This news release contains forward-looking statements and information within the meaning of applicable Canadian securities laws (collectively, "forward-looking information") that reflect the current expectations of management about the future results, performance, achievements, prospects, or opportunities for CVW Sustainable Royalties.
Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible" and similar expressions, or statements that events, conditions or results "will", "may", "could" or "should" occur or be achieved. The forward-looking statements may include statements regarding the anticipated benefits of the adoption and commercialization of CVW™ technology, the chemical, material, financial, economic, operational, environmental and any other anticipated results of the adoption thereof, potential diversification strategies and the implementation and results thereof, expectations regarding future development, funding (including necessity, sources, and expected structure of the same) and contracted work, expectation as to the timeline on which any goals of the Company will be met, expectations regarding the key economic and policy drivers supporting the adoption of CVW Sustainable Royalties' technology, expectations regarding synergies or alignments between the business of the Company and any other organization, CVW Sustainable Royalties' research and development and commercialization plans, the advantages of the Company's technology, the Company's ongoing engagement with stakeholders, including business development activities, the development of networks with strategic partners, and the development of Company's relationships with Indigenous communities and any potential benefits for the same, potential financing opportunities, including grant and financing opportunities from applicable government programs and non-governmental organizations, and entering into funding agreements related thereto, any expected next steps for the Company, timelines, strategic plans, the scope of any activities that will be undertaken, the closing of the Transaction and Offering on the terms described previously or at all, the Company's future liquidity situation and the market prices of commodities or other statements that are not statement of fact. Forward-looking statements are statements about the future and are inherently uncertain, and actual achievements of the Company may differ materially from those reflected in forward-looking statements due to a variety of risks, uncertainties and other factors. For the reasons set forth above, investors should not place undue reliance on forward-looking statements. Important factors that could cause actual results to differ materially from the Company's expectations include: uncertainties involved in disputes and litigation, fluctuations in interest rates, commodity prices and currency exchange rates; changes in the availability, and cost, of technical labour required for the success of the Company's products and services; price escalation and/or inflationary pressures affecting the cost of equipment and material required to commercialize the same; the uncertainty of estimates of capital and operating costs; the need to obtain additional financing and uncertainty as to the availability and terms of future financing; the impact on the Company of increasing inflation; any change in government policy, programs, and funding opportunities, whether provincial, national, or international which could negatively affect the Company, and any failure of the same to continue to evolve in accordance with Company's expectations; any change in capital or commodity markets, whether generally or particularly in the clean technology sector, which could cause or compel the Company to adjust its goals, reallocate capital, and/or pursue alternative financing options; and other risks and uncertainties disclosed in other information released by the Company from time to time and filed with the appropriate regulatory agencies.
All forward looking statements are based on the Company's beliefs and assumptions which are based on information available at the time these assumptions are made. The Company has made the following assumptions in relation to the forward-looking statements in this press release: the expected environmental and economic benefits to be achieved from CVW™ technology; the ability of the Company to successfully access various government funding programs; the details of government funding programs and that such programs will be implemented (and not change) as expected; that the Company will continue to be able to protect its intellectual property; assumptions as to various market and commercial opportunities for the Company and its technology; and the ability of the Company to continue to develop and commercialize its technology; that market conditions will not change adversely so as to prevent the closing of the Transaction and Offering on the terms previously described or at all. The forward-looking statements contained herein are as of the date set out above and are subject to change after this date, and the Company assumes no obligation to publicly update or revise the statements to reflect new events or circumstances, except as may be required pursuant to applicable laws.
Although management believes that the expectations represented by such forward-looking information or statements are reasonable, there is significant risk that the forward-looking information or statements may not be achieved, and the underlying assumptions thereto will not prove to be accurate. Actual results or events could differ materially from the plans, intentions and expectations expressed or implied in any forward-looking information or statements, including the underlying assumptions thereto, as a result of numerous risks, uncertainties and factors including: failure to obtain regulatory approvals; the possibility that opportunities will arise that require more cash than the Company has or can reasonably obtain; dependence on key personnel; dependence on corporate collaborations; potential delays; uncertainties related to early stage of technology and product development; uncertainties as to fluctuation of the stock market; uncertainties as to future expense levels and the possibility of unanticipated costs or expenses or cost overruns; and other risks and uncertainties which may not be described herein.
For further information, please contact:
Akshay Dubey CEO | Joshua Grant CFO 403.460.8135 [email protected] |
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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