2025 operating cash flow breakeven target, $43.5M cash, $78.8M total assets despite $2.8M Q2 net loss.
Carbon Streaming Corp. reported financial results for Q2 2024, with $43.5M cash, no debt, and aims for 2025 operating cash flow breakeven. The company cut ongoing operating expenses by over $1M, received $0.5M in settlements, and has a total asset value of $78.8M. Despite a net loss of $2.8M, CEO Christian Milau remains optimistic about increasing carbon credit profiles in the next six to 18 months.
August 13, 2024
4 Articles