Veralto Corporation (VLTO)
Larger industry benchmark · 75.36x market cap
Pollution & Treatment Controls
YouTube · Q1 2026 · 2026-05-02
ADUR · NasdaqCM
Aduro Clean Technologies Inc.
Pollution & Treatment Controls · Canada
USD 10.715.4% daily changeQuote 2026-11-11 · USD
- Market cap (USD)
- US$383.18M
- Trailing P/E
- —
- Forward P/E
- —
- Quarterly revenue growth
- —
- Trailing net margin
- 0.0%
- Indicated dividend yield
- —
Snapshot 2026-11-11 · Latest financial period 2026-08-31 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.
Next earnings: 2027-01-14 (provider estimate; issuer confirmation unavailable here).
Company background
Aduro Clean Technologies Inc. engages in developing water-based chemical recycling technologies in Canada and Netherlands. The company's platform converts end-of-life plastics and tire rubber to chemicals and fuels; upgrades heavy crude oils; and transforms renewable oils into renewable fuels and chemicals. Its water based chemical recycling platform features applications in hydrochemolytic plastics upcycling, hydrochemolytic renewables upgrading, and hydrochemolytic bitumen upgrading sectors. The company was formerly known as Dimension Five Technologies Inc. and changed its name to Aduro Clean Technologies Inc. in 2021. Aduro Clean Technologies Inc. is headquartered in London, Canada.
Company websiteQ1 FY2027
Go beyond the headline.
ADUR Stock: A Profit Without Sales — Q1 FY2027
Published 2026-10-16
Short takes Q1 FY2027
ADUR Stock: Profit Without Sales? — Q1 FY2027 #Shorts
Watch Short on YouTube
Q1 FY2027 REPORT HIGHLIGHTS
What’s changed for ADUR
Separate the noncash profit, financing-funded runway and commercialization assumptions in Aduro’s first fiscal quarter.
A positive bottom line can coexist with zero sales.
The C$4.240M warrant gain more than offsets the C$3.496M loss before other items.
The runway improved for a financing reason.
Net share proceeds were C$30.281M; operating cash flow and capital spending together consumed C$3.244M.
Technical progress is real but has a different denominator.
A September 75-hour campaign processed about 758 kg. It is a subsequent operating test, not quarter revenue or a commercial contract.
The timetable still contains execution risk.
Management expects FOAK completion in early calendar 2028. Cost, permitting, uptime, licensing and customer economics remain separate tests.
Price needs its own model.
The dated $10.10 common share quote is far above the roughly $1.29 dated cash-minus-lease reference; that premium must be earned by future commercialization.
Comparable businesses
ADUR peer comparison
Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.
| Metric | ADURAduro Clean Technologies Inc.Snapshot 2026-11-11Financial period: 2026-08-31 | VLTOVeralto CorporationSnapshot 2026-11-11Financial period: 2026-10-02 |
|---|---|---|
| Market capMarket value, converted to USD | US$383.18M | US$28.88B |
| Forward P/EProvider forward earnings estimate | — | 24.35x |
| EV / EBITDAEnterprise value / trailing EBITDA | — | 22.32x |
| Revenue growthLatest quarter vs prior-year quarter | — | 7.5% |
| Operating marginLatest reported quarter | -13,497.6% | 21.5% |
| Free cash flow yieldTrailing cash flow / market cap | — | 2.6% |
| Net debt / EBITDANet debt / trailing EBITDA | — | 0.99x |
| Debt / equityTotal debt / positive book equity | 0.01x | 0.97x |
| Trailing P/ETrailing twelve-month earnings | — | 29.33x |
| Price / bookPrice / positive book equity per share | 8.68x | 8.95x |
| EV / salesEnterprise value / trailing revenue | — | 5.19x |
| Earnings growthLatest quarter vs prior-year quarter | — | 8.4% |
| Gross marginTrailing twelve months | 100.0% | 59.8% |
| Net marginTrailing twelve months | 0.0% | 17.3% |
| Return on equityProvider trailing return; positive equity only | -48.3% | 33.0% |
| Free cash flow marginTrailing free cash flow / revenue | -6,482.7% | 13.2% |
| Dividend yieldIndicated annual dividend / price | — | 0.4% |
| Earnings payoutProvider trailing dividend payout | 0.0% | 12.8% |
| Current ratioCurrent assets / current liabilities | 88.77x | 2.03x |
| BetaProvider historical market sensitivity | 1.31 | 0.67 |
YouTube · Q1 2026 · 2026-05-02
Comparison methodology & limitations
Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.
Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.
Reported performance
Financial trends
Periods are grouped by their ending calendar year or quarter, not identical fiscal calendars. Exact period-end dates appear in tooltips and reported figures. When reporting currencies differ and a recent captured FX rate is available, money and EPS are normalized to USD for comparison. This is not a historical FX restatement. Gaps are not estimated.
Financial statements load separately from the research page.
Source: . Window ends at the latest available reporting period.
Revenue
Reported figures
Financial data & calculation notes
Standalone charts use the stated reporting currency. When a chart comparison spans currencies, money and EPS can be normalized to USD using a recent captured FX snapshot; this is for comparison only, not a historical FX restatement. Stock-based compensation is noncash. Free cash flow is operating cash flow less capital spending, which may include capitalized software. Missing metrics are not estimated or assumed to be zero. Banking and insurance ratios require industry-specific interpretation. Latest restatements may differ from figures in older episodes.
Market context
Valuation & price history
Adjusted closing price
Price history loads separately.
Price figures
Earnings-multiple scenario
Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.
Starting assumptions, when available, use provider forward estimates as of 2026-11-11. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.
THE RESEARCH RECORD
Research history for ADUR
Q1 FY20272026-10-16
FREE RESEARCH PACKET · Q1 FY2027
ADUR: A Profit Without Sales, and the Cash Behind It
Separate the noncash profit, financing-funded runway and commercialization assumptions in Aduro’s first fiscal quarter.
Research published October 16, 2026 · Download original report
Read Research PacketADUR Stock: A Profit Without Sales — Q1 FY2027
Presentation · 2026-10-16 · YouTube
Short takes Q1 FY2027
ADUR Stock: Profit Without Sales? — Q1 FY2027 #Shorts
Watch Short on YouTube
FY20262026-09-03
ADUR Stock: Aduro’s Only Plant Runs at 10 Kilograms an Hour (FY2026 Annual Results)
Presentation · 2026-09-03 · YouTube
