OCLNOTCSpecial Industry Machinery, NECUS GAAP · USD

Originclear, Inc.

OriginClear, Inc. is a U.S.-based water industry company organized around its Water On Demand, Inc. subsidiary and its operating units Progressive Water Treatment, Modular Water Systems, and Water on Demand. The company designs, builds, services, and develops industrial water treatment and decentralized water-management solutions, with activities centered in the United States.

Kysy yhtiöstä
Liikevaihto6,8milj. USD
+23,0 %v/v
Liikevoitto (EBIT)−3,3milj. USD
+46,4 %v/v
EBIT-marginaali−48,7%
+63,1 %-yks.v/v
Nettotulos−18,3milj. USD
−0,8 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−10−5051015milj. USD2020: 4,1 milj. USD2020: EBIT −4,7 milj. USD20202021: 4,1 milj. USD2021: EBIT −6,0 milj. USD20212022: 10 milj. USD2022: EBIT −6,6 milj. USD20222023: 6,7 milj. USD2023: EBIT −6,6 milj. USD20232024: 5,5 milj. USD2024: EBIT −6,2 milj. USD20242025: 6,8 milj. USD2025: EBIT −3,3 milj. USD20256,8−3,3
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Industrial water treatment systems55 %

Design and manufacture of custom water treatment systems for industrial and municipal use.

Water treatment services20 %

Maintenance contracts, retrofits, and replacement support for installed systems.

Equipment rental10 %

Contract-based rental of water treatment equipment and related assets.

Water innovation and incubation10 %

Development-stage water business incubation, licensing, and platform activities.

Water finance / decentralized water models5 %

Financing-oriented water infrastructure concepts and pay-per-gallon style models.

Tuotteet

Raportoitu · osuus liikevaihdosta
87,2%10,8%FY2025100 %
  • Equipment Contracts87,2 %
  • Pump Stations10,8 %
  • Services Sales2,0 %

Lähde: 10-K FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

The company sells to municipal, industrial, and pure-water customers that need engineered treatment systems and ongoing support. It also targets businesses seeking outsourced water treatment, decentralized water-management solutions, or equipment access through rental and service contracts.

Industrial and municipal water users

Buy turnkey treatment systems, controls, and service support for regulated water handling needs.

Pure-water and specialty applications

Purchase customized systems for higher-specification water quality requirements.

Outsourced water-treatment customers

Use contracted maintenance, retrofit, and rental offerings instead of owning systems outright.

Water-industry partners and project sponsors

Engage in incubation, financing, or joint-development structures around water projects.

Strategia

The company’s strategy centers on building and incubating water-related businesses through its Clean Water Innovation Hub model and supporting Water On Demand. It is also pursuing financing-oriented structures, partnerships, and equity-linked arrangements to scale decentralized water solutions and related project platforms.

Build Water On Demand as the main platformLyhyt aikaväli

It is the company’s central operating and growth focus.

Expand through partnerships and equity-linked structuresKeskipitkä aikaväli

Partnerships can provide capital, expertise, and market access without full ownership.

Develop financing-oriented water infrastructure modelsKeskipitkä aikaväli

The company aims to combine water operations with capital formation and project finance.

Maantiede

OriginClear is headquartered in Clearwater, Florida, while Progressive Water Treatment is based in Sherman, Texas. The business is primarily U.S.-focused, with reported project activity and joint-venture formation tied to U.S. water and infrastructure opportunities.

Riskit

OriginClear depends on access to external capital, successful project execution, and customer adoption of its water-finance concepts. Its business also carries execution risk from development-stage ventures, joint ventures, and the technical complexity of custom water treatment systems.

Järjestetty vakavuuden mukaan
Capital availabilityKorkea

The company relies on equity, debt, and strategic financing to sustain operations and growth.

Kohdistuu: Operations and project funding

Development-stage business failureKorkea

Water On Demand and related concepts may not achieve commercial success.

Kohdistuu: WOD and incubation initiatives

Project execution and technical complexityKeskitaso

Custom-engineered water systems require design, installation, and service performance.

Kohdistuu: PWT and MWS offerings

Partner and JV dependenceKeskitaso

Joint ventures require coordination on capital, operations, and governance.

KohdistuuBlock40X JVBitmern JV
Customer concentration and backlog timingKeskitaso

Near-term results may depend on a limited set of projects and backlog conversion.

Kohdistuu: PWT revenue

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition

Timing depends on shipment or service completion, affecting period-to-period comparability.

Vaikutus: Quarterly revenue and receivables

Derivative accounting

Fair-value changes on debt-related instruments can create large non-operating swings.

Vaikutus: Other income/expense and net income

Impairment testing

Long-lived and intangible assets may require write-downs if expected cash flows weaken.

Vaikutus: Asset values and earnings

Allowance and reserve estimates

Credit losses, warranties, and tax valuation allowances depend on management estimates.

Vaikutus: Balance sheet and earnings

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Päivitetty: 29.4.2026