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Sector: Industrials | Industry: Industrial Machinery & Equipment |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 10019 Canoga Ave CHATSWORTH CA 91311-3004 |
Tel: | N/A |
Website: | www.ctinanotech.com |
IR: | See website |
Key People | ||
Naum D. Voloshin President, Principal Executive, Principal Accounting Officer, Company Secretary, Director |
Business Overview |
Cavitation Technologies, Inc. is a process and product development company. The Company has developed, patented, and commercialized technology-based systems that are designed to serve global markets such as vegetable oil refining, renewable fuels, water treatment, wines and spirits enhancement, algae oil extraction, water-oil emulsions, and crude oil yield improvement. The Company patented Nano Reactor and LPN. Its CTi Nano Neutralization System been utilized to improve edible vegetable oil refining process. This process helps to reduce refining costs, increase oil yield, and limit the number of chemical additives used in chemical refining of vegetables oils. This patented process is designed to be incorporated into new and existing soybean, rapeseed, canola, and palm vegetable oil refineries. The Company also focus on developing additional Nano Reactor applications and managing the intellectual property issues associated with new processes and applications. |
Financial Overview |
For the six months ended 31 December 2023, Cavitation Technologies, Inc. revenues decreased 40% to $192K. Net loss decreased 28% to $267K. Revenues reflect NANO REACTORS segment decrease from $58K to $0K. Lower net loss reflects NANO REACTORS segment loss decrease of 13% to $250K. |
Employees: | 4 as of Jun 30, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $3.84M as of Dec 31, 2023 |
Annual revenue (TTM): | $0.31M as of Dec 31, 2023 |
EBITDA (TTM): | -$0.81M as of Dec 31, 2023 |
Net annual income (TTM): | -$1.94M as of Dec 31, 2023 |
Free cash flow (TTM): | -$0.34M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $0.14M as of Dec 31, 2023 |
Shares outstanding: | 284,289,740 as of Feb 10, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |