Karbon-X Corp. operates as a vertically integrated climate solutions company serving compliance and voluntary carbon markets. Company updates center on carbon-credit trading, structured procurement, emissions quantification, verification support, credit issuance and market distribution for businesses and institutions.
Recurring KARX news includes Canadian compliance activity tied to Alberta TIER, the federal Output-Based Pricing System and British Columbia OBPS; development of carbon projects such as the Sur del Meta REDD+ project in Colombia; and digital tools including the Corporate Emissions Calculator and SkyXero flight-emissions app. Coverage also includes enterprise climate-platform partnerships, MRV and biodiversity data integration, carbon-credit portfolio activity and periodic financial reporting tied to the company's growth in global carbon markets.
Karbon-X (OTCQB:KARX) reported fiscal 2026 revenue of $55.9 million following its first full year of large-scale carbon credit trading.
Revenue rose approximately 1,670% from $3.16 million for the year ended May 31, 2026. Gross profit reached $0.86 million versus $0.80 million, while the revenue mix shifted toward lower-margin trading. Total assets rose 42% to $9.6 million. Holders converted $7.0 million of notes and accrued interest into 10.6 million common shares. After year-end, through August 31, 2026, approximately $0.79 million of principal, interest and related fees converted to equity.
Operations expanded across Europe, Latin America and North America. An Allcot AG asset acquisition added carbon projects and related rights. For fiscal 2027, Karbon-X expects to advance projects through measurement, reporting and verification toward future credit issuances and higher-margin opportunities, and intends to grow consumer subscriptions.
Karbon-X (KARX) will present its growth strategy and demonstrate SkyXero at the MK-Equity Investment Conference in Munich on September 30, 2026. Chief Executive Officer Chad Clovis will discuss the company's global operations and its approach to developing and marketing environmental commodities. A live SkyXero demonstration will show how users can view travel emissions and engage with verified climate projects.
Karbon-X (OTCQB:KARX) has signed a non-binding Letter of Intent with South American energy company Core Energy to explore a potential commercial EV fast-charging infrastructure project in the Southern Cone region.
The parties will jointly assess technical and commercial aspects, prepare a Concept Note, and evaluate whether the deployment and operation of the charging network could support future carbon credit generation, subject to meeting applicable requirements. Core Energy is expected to lead locally, while Karbon-X contributes climate project and carbon market expertise. The LOI is an initial, exploratory step and does not obligate either company to proceed; any future development would require a separate definitive agreement.
Karbon-X (OTCQB: KARX) has been engaged by Stream Pro, a subsidiary of Oilinvest, to provide technical advisory services for the design and value optimization of a proposed nature-based carbon project in Libya’s Tripoli Wildlife Park.
The initial scope covers end-to-end carbon project design, including methodology assessment, Project Design Documentation, carbon accounting, and Monitoring, Reporting and Verification (MRV) framework development to support validation under internationally recognized carbon standards. This first phase is limited to project design, with any future validation, registration, implementation, or commercialization subject to separate agreements, client approvals, and regulatory requirements.
Karbon-X (OTCQB:KARX) obtained regulatory approval from Spain's Office for Climate Change to establish a Spanish EU ETS Registry Account, further building its European regulatory infrastructure.
Once technically activated by RENADE, the account will let Karbon-X directly hold, receive, transfer, and manage EU allowances, supporting its EU growth and compliance carbon market clients.
Karbon-X (OTCQB: KARX) announced a strategic partnership with REGID International to conduct a feasibility assessment of the Kenya BioHub Initiative, an integrated climate infrastructure project.
The study will evaluate technical, commercial, financial, and regulatory viability, potential carbon certification pathways, and whether the initiative should progress into future development phases.
Karbon-X (OTCQB: KARX) reported that its 7,500-hectare Senegal Blue Carbon Mangrove Project has been registered under Verra's VCS and CCB standards, becoming only the second project globally registered under the VM0033 tidal wetland and seagrass restoration methodology.
The project targets long-term emissions reductions of about 2.2 million tonnes of CO₂e over a 40-year crediting period to 2062, supporting Karbon-X's strategy to build high-quality environmental assets and advance blue carbon initiatives in the voluntary carbon market.
Karbon-X (OTCQX: KARX) highlighted its expanding role in global Energy Attribute Certificate (EAC) markets on May 21, 2026. The company supports renewable energy certificate sourcing, procurement, registry coordination, and transaction execution across systems including RECs, I-RECs, and Guarantees of Origin.
Karbon-X acts as a sourcing and intermediary partner for corporations, utilities, developers, and other market participants across North America, Europe, Latin America, Asia-Pacific, and emerging markets. Its EAC activity complements broader environmental commodities infrastructure covering compliance carbon markets, project development, emissions quantification, and climate-related transaction support.
Karbon-X (OTCQB:KARX) signed a Letter of Intent with Evertrak to explore infrastructure-linked Plastic Waste Reduction Credits (PWRC) under Verra's Plastic Waste Reduction Standard.
The initiative evaluates about 200,000 existing recycled-plastic Evertrak E7000 railroad ties in North America, with Karbon-X expected to act as exclusive project developer, subject to methodology alignment, validation, registry approvals, and definitive agreements.
Karbon-X (OTCQB:KARX) announced an early-stage exploration of a clean cooking and fish smoking climate initiative concept in Senegal. The framework examines pathways for emissions reductions, improved fuel efficiency, and community-based climate infrastructure using cleaner cookstoves and more efficient fish smoking systems.
Karbon-X is also assessing future integration of digital MRV tools, including its Mercury platform, to calculate and visualize potential carbon savings and support scalable, high-integrity climate projects.