VRDROTCGold and Silver OresUS GAAP · USD

Verde Resources, Inc.

Verde Resources, Inc. is a U.S.-based road construction and building materials company organized around proprietary biochar-based asphalt products and related licensing. Through its operating subsidiaries, it develops and commercializes BioAsphalt™, the Verde V24 emulsifying agent, and carbon removal credits tied to its materials and production process.

Liikevaihto0,5milj. USD
+251,2 %v/v
Liikevoitto (EBIT)−3,8milj. USD
+36,9 %v/v
EBIT-marginaali−812,2%
+3 708,8 %-yks.v/v
Nettotulos−3,4milj. USD
+29,3 %v/v

Tilikausi 2026 · muutos edellisvuodesta

Kehitys 2021–2026

−8−6−4−202milj. USD2021: 0,00 milj. USD2021: EBIT −0,57 milj. USD20212022: 0,04 milj. USD2022: EBIT −2,0 milj. USD20222023: 0,16 milj. USD2023: EBIT −3,4 milj. USD20232024: 0,10 milj. USD2024: EBIT −3,1 milj. USD20242025: 0,13 milj. USD2025: EBIT −6,0 milj. USD20252026: 0,47 milj. USD2026: EBIT −3,8 milj. USD20260,47−3,8
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
BioAsphalt™ materials40 %

Biochar-integrated asphalt and related road surface materials.

Verde V24 licensing35 %

Licensed emulsifying agent used to formulate cold mix biochar asphalt.

Carbon removal credits15 %

Credits generated from qualifying asphalt production and application.

Biochar inputs and blends5 %

Designer blend biochar and related proprietary input materials.

Consulting and distribution5 %

Consultation and distribution services in selected international markets.

Asiakkaat

The company sells into road construction, asphalt, and infrastructure markets, where customers need materials that can be manufactured at scale and deployed through existing paving and mixing networks. Its licensing model also makes commercial partners such as asphalt producers and distributors important customers because they manufacture and market the end products. Governmental entities and infrastructure contractors are relevant end users because they specify and purchase road materials for public works and transportation projects.

Asphalt producers and distributors

Buy Verde V24 and related formulations to manufacture and sell biochar asphalt products.

Road construction contractors

Purchase road materials for paving, resurfacing, and cold mix applications.

Government and municipal agencies

Use the company’s materials in public infrastructure and roadway projects.

Infrastructure and materials partners

License or adopt the technology to scale production across their own networks.

Carbon credit buyers

Buy carbon removal credits generated by qualifying product use and production.

Strategia

The company’s strategy is to commercialize its proprietary road technologies through licensing and partner distribution rather than building a capital-intensive manufacturing footprint. It is using third-party validation, exclusive licensing, and carbon monetization to make its products easier to adopt and to create recurring revenue streams around the same core formulations.

Commercialize through Ergon in North AmericaLyhyt aikaväli

Gives the company immediate access to an established asphalt sales network.

Build recurring revenue from licensing and royaltiesKeskipitkä aikaväli

Supports an asset-light model and reduces dependence on direct production.

Monetize carbon removal creditsKeskipitkä aikaväli

Adds an additional revenue stream tied to product performance and certification.

Expand the platform globallyPitkä aikaväli

Broadens the addressable market beyond North America and diversifies customer exposure.

Maantiede

Q1/2026

Verde Resources is headquartered in St. Louis, Missouri and operates primarily through U.S. subsidiaries. Its commercialization footprint is centered on North America, with the Ergon license covering the United States, Canada, and Mexico, while management also describes a longer-term plan to license the platform in other Paris Agreement-aligned markets.

USA100 %
Malaysia0,0 %

Osuus liikevaihdosta, jonka yhtiö raportoi maantieteellisesti.

Riskit

The business is early-stage and depends heavily on whether its licensing model gains traction with a small number of commercial partners. It also depends on biochar supply, asphalt input pricing, and the ability to convert technical validation into repeat commercial adoption across road construction markets.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →No minimum purchase obligation1Unproven commercialization model2Customer concentration3Biochar supply disruption4Asphalt commodity volatility5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. No minimum purchase obligationVaikutus: KorkeaTodennäköisyys: Korkea

    Ergon is not required to buy minimum volumes, so revenue visibility is limited.

    Kohdistuu: Verde V24 license agreement

  2. Unproven commercialization modelVaikutus: KorkeaTodennäköisyys: Korkea

    The current business model has limited history and is still being refined.

    KohdistuuLicensingRoyaltiesCarbon credit monetization
  3. Customer concentrationVaikutus: KorkeaTodennäköisyys: Kohtalainen

    A large share of revenue is expected to come from one licensee, Ergon.

    Kohdistuu: Ergon license and related Verde V24 sales

  4. Biochar supply disruptionVaikutus: KorkeaTodennäköisyys: Kohtalainen

    The products depend on timely access to qualified biochar suppliers.

    Kohdistuu: BioAsphalt™ and Verde V24 production chain

  5. Asphalt commodity volatilityVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Input price swings can change product economics and adoption decisions.

    Kohdistuu: Road materials and emulsions

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition for licensing and product sales

Contract structure affects when revenue is recognized and how much is deferred.

Vaikutus: Verde V24 license fees, product sales, and related fees

Carbon removal credit accounting

Credits may only be recognized when generation and sale are sufficiently supported.

Vaikutus: Non-core revenue and timing volatility

Depreciation and useful lives

Management estimates useful lives for plant, machinery, and other assets.

Vaikutus: Reported operating expense and asset carrying values

Impairment of long-lived assets

Specialized assets and acquired properties may need write-downs if underused.

Vaikutus: Balance sheet values and earnings

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026