Start here if you're new
what it is
CleanCore sells ozone-based cleaning machines and tablets that let you clean with generated ozone instead of traditional chemicals.
how it gets paid
Last year Cleancore Solutions made $2M in revenue. fill stations was the main engine at $0.70M, or 35% of sales.
why it's growing
Revenue grew 29.2% last year. Revenue grew 85% vs. prior year, according to EDGAR.
what just happened
CleanCore printed $2M in quarterly revenue, but the bigger number was a -$1.02 EPS loss.
At a glance
n/a balance sheet
-$0.79 fy2025 eps est
$2M fy2025 rev est
n/a operating margin
~$72M market cap
What they do
CleanCore sells ozone-based cleaning machines and tablets that let you clean with generated ozone instead of traditional chemicals.
The pitch is simple: make cleaning chemicals on site with water and ozone, then skip buying and storing jugs. If that works for your facility, the refill habit can stick because the machine is already on your wall or cart. The problem is scale: annual revenue is only $2 million, so the product idea exists before the moat does.
How they make money
$2M
annual revenue · their business grew +29.2% last year
fill stations
$0.70M
power caddy systems
$0.48M
power mini caddy systems
$0.34M
greenklean tablets
$0.28M
ice and laundry systems
$0.20M
The products that matter
cleaning systems and consumables
aqueous ozone cleaning
$0.9M quarterly revenue · +125%
this is the actual operating business. it produced $0.9M in q1 2026 revenue and carried a 59% gross margin, which says the product economics may be better than the company-level results suggest.
core
balance-sheet capital allocation
Dogecoin treasury
reported $104M quarterly loss
this is not a product line in the normal sense. it is the disclosed strategy that overwhelmed everything else, including a company with just $2M in annual revenue.
the story now
Key numbers
-308.1%
operating margin
Operating margin → profit after running the company → so what: CleanCore is losing more than three dollars for every dollar it sells.
$2M
annual revenue
That is the entire sales base, which tells you this is still a proof-of-concept public company.
64.0%
gross margin
Gross margin → money left after making the product → so what: the product itself is not the main problem.
$0.37
share price
A sub-dollar stock with a roughly $72 million market cap can move fast because the trading vehicle is tiny.
Financial health
n/a
strength
- balance sheet grade n/a
- long-term debt $0M (0% of capital)
n/a — functional but not a standout on the balance sheet.
Total return vs. market
Return history isn't available for ZONE right now.
source: institutional data · return history unavailable
What just happened
missed estimates
CleanCore printed $2M in quarterly revenue, but the bigger number was a -$1.02 EPS loss.
Revenue grew 85% vs. prior year, according to EDGAR. That sounds strong until you put it next to a business still expected by to lose $0.79 per share for fiscal 2025.
$2M
revenue
-$1.02
eps
64.0%
gross margin
the number that mattered
The 64.0% gross margin matters most because it says the product can make money before overhead, which isolates execution as the real problem.
source: company earnings report, 2026
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What could go wrong
the #1 risk is continued losses tied to the Dogecoin treasury strategy.
high
treasury losses keep overwhelming the operating business
the company disclosed a reported $104M quarterly loss tied to its Dogecoin strategy. against a $72M market cap and $2M of annual revenue, that is the whole story until proven otherwise.
one quarter of treasury damage exceeded the entire equity value
high
going-concern pressure
management and auditors can talk about strategic resets later. if the company cannot fund operations now, later does not arrive.
survival becomes the investment debate
med
cash runway is thin relative to the loss rate
cash was $12.9M as of sep 2025. q1 2026 net loss was $13.4M. if losses stay anywhere near that level, one quarter can consume more than the last reported cash balance.
dilution risk rises fast when cash burn outruns cash on hand
med
the core business may simply be too small
even after +31.2% annual growth and +125% growth in aqueous ozone revenue, the company still produced only $2M in annual sales. you need a lot more scale before the operating business can carry the equity story.
small gains in product revenue do not move the valuation case much yet
a reported $104M treasury loss against a $72M market cap means the main risk already landed in the numbers.
source: institutional data · regulatory filings · risk analysis
Pay attention to
calendar
next full filing
the next detailed filing needs to reconcile the operating business, the treasury unwind, and what cash actually looks like now. until then, you are working with an incomplete map.
risk
cash versus quarterly loss
compare any updated cash balance against the recent $13.4M quarterly net loss. if cash is not rebuilding, the financing question gets urgent fast.
metric
aqueous ozone revenue scale
$0.9M of quarterly product revenue is progress, not proof. you want to see whether this line can keep growing without the rest of the company setting it on fire.
trend
post-Dogecoin narrative reset
management terminated the Dogecoin asset management agreement on mar 9, 2026. watch whether future updates spend more time on customers and margins than on treasury fallout.
Analyst rankings
source: institutional data
Institutional activity
institutional ownership data for ZONE is being compiled.
source: institutional data
Price targets
3-5 year target range
n/a
n/a
$0
current price
n/a
target midpoint · n/a from current
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