Goldman Small Cap Research Publishes New Research Report on CleanGo Innovations Inc.

Rhea-AI Summary

Goldman Small Cap Research has published a new research report on CleanGo Innovations Inc. (OTCQB:CLGOF), highlighting the company's potential in the green cleaning solutions market. CleanGo develops non-toxic, biodegradable cleaning products for oil services and industrial applications.

The report emphasizes CleanGo's market opportunity in the oil and gas cleaning sector, projected to grow from $33.42B to $50.24B by 2034. The company's solutions target approximately 2 million wells globally, with 400,000 being clogged or stagnant. Goldman projects CleanGo could achieve $10M in sales by 2027 and reach profitability at $4M in annual sales.

Positive

• Addresses large market opportunity in oil and gas cleaning sector worth $33.42B, growing to $50.24B by 2034
• Company could achieve profitability with just $4M in annual sales due to strong gross margins
• Projected sales of $10M by 2027 with potential for growth
• Green-certified, non-toxic solutions provide competitive advantage in industrial cleaning market

Negative

• Currently undervalued and underfollowed, indicating limited market awareness
• Sales yet to reach critical mass for market penetration
• Needs to achieve minimum $4M annual sales threshold for profitability

New Initiatives to Raise Profile, Drive Sales Growth

BALTIMORE, MD / ACCESS Newswire / August 4, 2025 / Goldman Small Cap Research, a stock market research firm specializing in the small cap and microcap sectors, announced today that it has published a new research report on CleanGo Innovations Inc. (OTCQB:CLGOF)(CSE:CGII)(FRA:APO.F), an emerging provider of a novel, non-toxic, biodegradable, cutting-edge suite of green-certified, easy "spray-on" cleaning products with industrial applications. The Goldman report carries a price target. To view the new research report, along with disclosures and disclaimers, or to download the report in its entirety, please visit: https://goldmansmallcapresearch.com/opportunity-research/new-initiatives-sales-growth-to-drive-shares-to-new-highs/

CleanGo Innovations Inc. is at the forefront of developing and commercializing proprietary non-toxic, biodegradable cleaning and industrial solutions for oil services and industrial cleaning markets. Driven by a mission for environmental sustainability, CleanGo's innovative product suite is designed to deliver high performance while safeguarding the planet, serving critical cleaning needs across the oil and gas, mining, commercial, and retail sectors globally.

In the Opportunity Research report, analyst Rob Goldman reviews this undervalued and underfollowed innovator including its potentially unique, lucrative positioning and valuation drivers.

An Innovator with a Huge Market Opportunity

Goldman commented, "In our view, CleanGo is poised to change the way oil and gas industry, along with the overall commercial sector, approaches critical industrial cleaning applications. CleanGo has a non-toxic, Green Seal Certified, easily applied spray that is cost-effective and offers a major, hidden ROI. The size of the potential markets just in the oil and gas space are projected to grow from $33.42B today to $50.24 by 2034. These include cleaning wells, tanks, tankers, and other vessels and equipment around the world."

CleanGo Offers Major Leverage and ROI to Customers

"Management estimates that there are an estimated 2 million wells globally, with approximately 400,000 of them, or one in five, clogged or stagnant. CleanGo's green solutions are vital for restoring these wells to optimal production and enhancing oil recovery," noted Goldman. "On the heels of this opportunity, we believe that as sales and implementation of the Company's products reach critical mass, CleanGo could serve as a replacement for this segment's existing methods and solutions, due to inherent advantages. These include the restoration of restoring wells to optimal production while simultaneously enhancing oil recovery. Such after-effects would serve as boon to oil producers and oil service companies, thereby increasing their ROI and production capabilities."

New Initiatives Poised to Raise Profile and Valuation

"We believe sales could reach the $10M mark by 2027. Plus, with strong gross margin and low SG&A costs, CleanGo could operate profitably with just $4M in annual sales. Our 6-month price target reflects a low 3.5x price/sales multiple on projected 2026E sales, a metric similar to that of the Russell Microcap Growth Index. Given the expected sales growth rate, and path to profit, our price target and metric could be considered conservative," concluded Goldman.

About Goldman Small Cap Research: Founded in 2009by former Piper Jaffray analyst and mutual fund manager Rob Goldman, Goldman Small Cap Research produces sponsored and non-sponsored small cap and microcap stock research reports, articles, stock market blogs, and popular investment newsletters.

Goldman Small Cap Research is not in any way affiliated with Goldman Sachs & Co.

This press release contains excerpts of our most recently published company report on CleanGo Innovations Inc. ("The Company"). The information used and statements of fact made have been obtained from sources considered reliable but we neither guarantee nor represent the completeness or accuracy. Goldman Small Cap Research relied solely upon information derived from CleanGo Innovations Inc. The information includes authorized press releases or legal disclosures made in their filings with the U.S. Securities and Exchange Commission http://www.sec.gov.

Separate from the factual content of our update about the Company, we may from time to time include our own opinions about the Company, its business, markets, and opportunities. Any opinions we may offer about the Company are solely our own and are made in reliance upon our rights under the First Amendment to the U.S. Constitution, and are provided solely for the general opinionated discussion of our readers. Our opinions should not be considered to be complete, precise, accurate, or current investment advice. Statements herein may contain forward-looking statements and are subject to significant risks and uncertainties affecting results.

A Goldman Small Cap Research report, update, newsletter, article, trading alert, corporate profile, sector or industry snapshot, podcast interview, or press release is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed and is to be used for informational purposes only. Please read all associated full disclosures, disclaimers, and analyst background on our website before investing. Neither Goldman Small Cap Research nor its parent is a registered investment adviser or broker-dealer with FINRA or any other regulatory agency. To download this research report, visit www.goldmansmallcapresearch.com. In July 2025, Goldman Small Cap Research was compensated $3,000 by the Company for this report and press release.

Goldman Small Cap Research

Rob Goldman, Analyst
410-800.7980
rob@goldmansmallcapresearch.com

SOURCE: Goldman Small Cap Research

View the original press release on ACCESS Newswire

FAQ

What is Goldman's sales projection for CleanGo Innovations (CLGOF) by 2027?

Goldman Small Cap Research projects CleanGo Innovations could reach $10M in sales by 2027.

What is the market size for CleanGo's (CLGOF) oil and gas cleaning solutions?

The market is currently valued at $33.42B and is projected to grow to $50.24B by 2034.

How many wells could potentially benefit from CleanGo's (CLGOF) cleaning solutions?

There are approximately 2 million wells globally, with about 400,000 wells (20%) being clogged or stagnant that could benefit from CleanGo's solutions.

What is the minimum revenue needed for CleanGo (CLGOF) to achieve profitability?

According to the research report, CleanGo could operate profitably with $4M in annual sales due to strong gross margins and low SG&A costs.

What are the main advantages of CleanGo's (CLGOF) cleaning solutions?

CleanGo offers non-toxic, Green Seal Certified solutions that are easily applied, cost-effective, and provide significant ROI while helping restore wells to optimal production.