Birchtech Corp Stock Price, News & Analysis

Birchtech (TSX: BCHT) reported Q4 2024 financial results with revenues of $5.6 million, up 37% year-over-year, driven by increased licensing revenues. The company achieved a 60% gross margin, with gross profit rising 230% to $3.3 million.

Key highlights include a pending $57 million patent infringement verdict, with counsel requesting $160 million including enhancements. Management provided 2025 revenue guidance of at least $23 million for the air business, with expectations to reach a $40 million annual run-rate by end of 2026.

The company launched a new water purification business with two laboratory design centers and secured an agreement to purchase 2,000 tons of feedstock annually, potentially generating $7 million in annual sales starting mid-2025. Q4 2024 resulted in a net loss of $1.3 million ($0.01 per share), with cash balance of $3.5 million and no debt as of December 31, 2024.

Birchtech Corp. (TSX: BCHT), a specialty activated carbon technologies company focused on sustainable air and water treatment, has scheduled its Q4 2024 earnings release for March 31, 2025, after market close. The company will host an investor conference call at 5:00 p.m. Eastern time the same day.

The earnings call will be accessible via phone (U.S./Canada: 1-877-407-0792; International: 1-201-689-8263; Conference ID: 13752325) and webcast. A replay will be available through May 1, 2025, using replay pin 13752325, and the webcast recording will be accessible for one year.

Birchtech Corp. (TSX: BCHT) has announced a $5.0 million share repurchase program authorized by its Board of Directors. The program will allow the company to buy back its common stock using proceeds from expected IP wins and licensing agreements.

CEO Richard MacPherson emphasized that this initiative reflects confidence in the company's strategy and long-term potential. The repurchases, scheduled to begin no earlier than the second half of 2025, can be executed through various methods including open market purchases, privately negotiated transactions, block trades, and accelerated share repurchase transactions.

The program has no expiration date or minimum share requirement and can be modified or terminated at any time. The timing and volume of repurchases will be determined by factors including market conditions, share price, regulatory requirements, and corporate liquidity needs.

Birchtech Corp. (TSX:BCHT) has responded to the EPA's recent reconsideration of Mercury and Air Toxics Standards (MATS) and Clean Power Plan 2.0, viewing it as a positive development for their mercury emissions capture technologies. The EPA's March 12, 2025 announcement proposes rolling back Biden-era tightened emissions standards, while maintaining baseline MATS regulations.

The regulatory shift aims to prevent premature coal-fired power plant closures and potentially reactivate shuttered facilities to meet increasing electricity demand driven by AI growth. Rather than eliminating mercury emissions regulations entirely, the rollback provides utilities more operational flexibility while still requiring mercury mitigation.

Birchtech emphasizes that their patented technology remains essential for coal plants to maintain environmental compliance, as state-level regulations and corporate sustainability initiatives continue driving emissions reduction demand. The company views the extended operational life of coal plants under this policy as beneficial for their core business of providing mercury capture solutions.

Birchtech (TSX/OTCQB: BCHT), a specialty activated carbon technologies company, announced its participation in three major investor conferences in March 2025. The company will attend the Q1 Investor Summit (March 11), Sidoti Small Cap Conference (March 20), and iAccess Alpha Virtual Best Ideas Spring Conference (March 25).

CEO Richard MacPherson will conduct one-on-one meetings with institutional investors and deliver presentations at Sidoti (12:15 PM ET) and iAccess Alpha (11:30 AM ET). The company recently provided revenue guidance of at least $23 million for 2025, driven by:

• Continued momentum in air business
• Ongoing IP defense initiatives
• Recently launched water technologies

The company reports growing market share in mercury emissions capture technologies and successful IP licensing, positioning it for significant growth in 2025 and beyond.

Birchtech Corp. (TSX: BCHT) has provided fiscal 2025 revenue guidance, projecting revenues of at least $23 million, representing a growth of 31% compared to preliminary unaudited 2024 revenues of $17.5 million. This guidance excludes potential cash from legal IP defense claims and water treatment business revenues.

The company's core air business, focused on mercury emissions capture technologies, is experiencing accelerating growth in the coal-fired utility sector. Management expects the air business to reach a run-rate of at least $40 million by the end of 2026. The growth is attributed to increasing market share, patent defense strategy, and expanding relationships with current customers under contract.

Birchtech (TSX: BCHT) has secured a non-exclusive agreement with a second coal-fired power utility defendant from its Arizona lawsuit filed in July 2024. This resolution completes all claims in the Arizona case, while remaining claims in Iowa and Missouri continue against other defendants in the Southern District of Iowa.

The company has achieved significant legal victories, including a $57 million jury award with a unanimous finding of willful infringement in March 2024. Since 2019, Birchtech has reached 10 license and/or supply agreements with coal-fired utilities, including six previously named as defendants. The company's legal campaign began in July 2019 with lawsuits against 43 defendants, followed by three separate lawsuits against 14 defendants in July 2024.

Notable settlements include pre-trial agreements with AJ Gallagher, DTE, and a CERT Defendant in late 2023. The company continues to pursue protection of its intellectual property rights through ongoing litigation.

Birchtech Corp. (TSX: BCHT) has engaged MZ Group to lead its strategic investor relations and financial communications program. The company operates through two divisions: ME₂C Environmental, which provides mercury emissions reduction technology with mid-30% gross margins, and WE₂C Environmental, focusing on water purification and PFAS removal.

ME₂C's patented SEA® Sorbent Technology is reportedly used in nearly 40% of U.S. coal-fired power plants. The company is pursuing IP monetization through licensing agreements following successful litigation. WE₂C is developing advanced activated carbon solutions expected by end of 2025 to address new EPA regulations, targeting a market with over $1.5 billion in annual compliance costs.

Birchtech plans to pursue listing on a major U.S. exchange and has promoted Stacey Hyatt to Corporate Communications Manager to support communications across divisions.

Birchtech Corp. (TSX:BCHT) has filed a patent infringement lawsuit against Evergy and its subsidiaries in the U.S. District Court for the Western District of Missouri. The lawsuit, filed on January 23, 2025, alleges violations of Birchtech's mercury emissions reduction technologies patents, known as SEA® Technologies.

The case has been transferred to the Southern District of Iowa, with Birchtech seeking damages, legal expenses, and an injunction against further patent infringement. This follows a successful $57 million jury verdict in March 2024 against other defendants, where the jury unanimously found willful, inducing, and contributory infringement.

The company has previously achieved settlements with AJ Gallagher, DTE, and a CERT Defendant in late 2023. In July 2024, Birchtech filed three separate lawsuits against 14 defendants, which were consolidated in the Southern District of Iowa in December 2024.