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CleanCore Solutions, Inc.
ZONECIK 0001956741NYSEEmerging GrowthSpecialty Cleaning, Polishing And Sanitation PreparationsNevadaFY ends Jun 30
Period
FY 2025
Revenue
$2.07M
Net Income
$-6.74M
Total Assets
$8.47M
Equity
$1.47M
Shares Out
210.56M
Op. Cash Flow
$-2.34M
Business
CleanCore Solutions, Inc. develops and produces cleaning products that generate pure aqueous ozone using patented nanobubble technology for professional, industrial, and home use. Its main offerings include on-demand Fill Stations, POWER CADDY and POWER MINI CADDY units, Ice Treatment and laundry ozone systems, industrial-scale generators, and GreenKlean sanitizing tablets, plus customized high-volume systems. The company operates across business segments for janitorial and sanitation, ice systems, commercial and residential laundry, and industrial cleaning, and maintains manufacturing and distribution capabilities including its CleanCore Global subsidiary. It sells through distributors and an expanding direct-sales channel to customers in the United States and European Union, targeting building service managers, hospitality, food service, healthcare, education, and commercial facilities via trade shows, digital marketing, and retail/online channels.
Summary from filing dated 2025-08-22
Financials
Consolidated Statement of Income
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-06-30 | FY 2024 2024-06-30 |
|---|---|---|---|
| Revenue, net | 2 | 2 | |
| Cost of sales (exclusive of depreciation shown separately below) | 1 | 809,161 | |
| Gross profit | 986,465 | 795,812 | |
| General and administrative | 7 | 2 | |
| Advertising expense | 92,598 | 116,007 | |
| Depreciation and amortization expense | 198,909 | 155,059 | |
| Loss from operations | −6 | −2 | |
| Interest expense, net | 356,054 | 335,008 | |
| Foreign exchange gain | 120 | — | |
| Net loss | −7 | −2 | |
| Foreign currency translation adjustment | 21,259 | — | |
| Total comprehensive loss | −7 | −2 |
Consolidated Balance Sheet
As of · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-06-30 | FY 2024 2024-06-30 | FY 2023 2023-06-30 | FY 2022 2022-10-31 | FY 2022 2022-06-30 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 1 | 2 | 393,194 | — | — | |
| Accounts receivable, net | 657,683 | 467,286 | 233,560 | — | — | |
| Inventory, net | 1 | 672,326 | 672,116 | — | — | |
| Deferred offering costs | 124,062 | — | — | — | — | |
| Prepaid expenses and other current assets | 227,564 | 55,365 | 135,666 | — | — | |
| Total current assets | 4 | 3 | 2 | — | — | |
| Property and equipment, net | 32,548 | 10,572 | 1,197 | — | — | |
| Right of use assets | 394,415 | 524,818 | 466,661 | — | — | |
| Intangibles, net | 2 | 1 | 2 | — | — | |
| Goodwill | 2 | 2 | 2 | 2 | — | |
| Other assets | 9,440 | 9,440 | 9,440 | — | — | |
| Total assets | 8 | 7 | 6 | — | — | |
| Accounts payable and accrued expenses | 1 | 573,956 | 644,627 | — | — | |
| Deferred revenue | — | 10,395 | — | — | — | |
| Lease liability current | 145,005 | 131,887 | 87,985 | — | — | |
| Note payable current | 690,112 | 698,149 | 3 | — | — | |
| Total current liabilities | 3 | 2 | 4 | — | — | |
| Lease liability non-current | 273,099 | 418,104 | 398,540 | — | — | |
| Note payable non-current | 4 | 2 | — | — | — | |
| Total liabilities | 7 | 4 | 4 | — | — | |
| Commitments and contingencies (Note 16) | — | — | — | — | — | |
| Additional paid-in capital | 15 | 11 | — | — | — | |
| Other comprehensive income | 21,259 | — | — | — | — | |
| Accumulated deficit | −14 | −7 | −5 | — | — | |
| Total stockholders equity | 1 | 4 | 2 | −6 | −6 | |
| Total liabilities and stockholders equity | 8 | 7 | 6 | — | — |
Consolidated Statement of Cash Flows
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-06-30 | FY 2024 2024-06-30 |
|---|---|---|---|
| Depreciation and amortization | 203,777 | 155,059 | |
| Accretion of note payable discount | 83,048 | 5,250 | |
| Non cash interest expense | 344,886 | 85,593 | |
| Stock based compensation | 3 | 670,958 | |
| Non cash lease expense | −1,484 | 5,308 | |
| Reversal of contingent liability | −111,987 | — | |
| Modification of related party debt | 18,022 | — | |
| Provision for bad debt and write-off on uncollectable accounts | 221,241 | 37,498 | |
| Impairment of intangibles | 261,250 | — | |
| Foreign exchange (gain)/loss | −120 | — | |
| Accounts receivable | −138,859 | −271,224 | |
| Inventory | −326,958 | −211 | |
| Prepaid expenses | −172,198 | 80,301 | |
| Deferred revenue | −10,395 | 10,395 | |
| Due to related parties | 216,896 | — | |
| Accounts payable and accrued liabilities | 614,267 | −45,065 | |
| Net cash used in operating activities | −2 | −2 | |
| Purchase of property and equipment | −32,389 | −10,438 | |
| Cash used in acquisition | −581,792 | — | |
| Net cash used in investing activities | −614,181 | −10,438 | |
| Proceeds from issuance of class B common stock pursuant to initial public offering, net of issuance costs | — | 4 | |
| Proceeds from issuance of convertible notes | — | 225,000 | |
| Proceeds from related party loans | 332,193 | — | |
| Proceeds from issuance of promissory notes and warrants | 2 | — | |
| Proceeds from exercise of warrants | 403,171 | — | |
| Proceeds from issuance of original issue discount notes | 500,000 | — | |
| Payments for deferred offering costs | −53,477 | −587,573 | |
| Payments on notes payable | −316,920 | −480,667 | |
| Repayments of loans due to related parties | — | −208,900 | |
| Net cash provided by financing activities | 2 | 3 | |
| Effect of exchange rate changes on cash and cash equivalents | 21,259 | — | |
| Net increase (decrease) in cash | −555,614 | 2 | |
| Cash paid for interest | 48,830 | 436,346 | |
| Shares issued for conversion from convertible note payable | — | 257,480 | |
| Unpaid deferred offering costs | 70,585 | — | |
| Debt to equity conversion | 644,625 | — | |
| Issuance of debt in connection with acquisition | 800,000 | — | |
| Issuance of warrants in connection with acquisition | 181,475 | — | |
| Fair value of assets acquired | 2 | — |
Filings
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