Karbon-X Corp. Reports Q1 2026 Revenue Growth and Strengthened Financial Position
16.10.2025 15:00:00 EEST | ACCESS Newswire | Press release
Revenue reached $35.7 million, marking a 27,883% year-over-year increase driven by accelerated trading activity, and the continued expansion of Karbon-X's global carbon operations.
CALGARY, AB / ACCESS Newswire / October 16, 2025 / Karbon-X Corp. (OTCQX:KARX) ("Karbon-X" or "the Company"), a vertically integrated climate solutions company, today announced financial results for the first quarter ended August 31, 2025, marking record revenue growth and continued execution of its strategic plan.
The full filing is available under the Company's profile on OTC Markets at www.otcmarkets.com/stock/KARX/overview
Karbon-X's Q1 2026 results underscore its accelerating growth trajectory and strong execution across all areas of its business.
Q1 2026 Highlights
Revenue Growth
Karbon-X delivered transformational top-line growth as its carbon trading operations scaled globally.
Revenue reached $35.7 million, up 27,883% year-over-year compared to $127,429 in Q1 2025.
Growth was driven by the successful launch and expansion of the Company's carbon credit trading subsidiary, validating its integrated business model across compliance and voluntary markets.
Strategic Capital Formation
Karbon-X continued to strengthen its capital structure through disciplined financial management and investor support.
Raised $3.88 million in new capital to accelerate operational growth.
Converted $2.28 million in debt into equity, demonstrating investor confidence and reducing future interest obligations.
These transactions position the Company for continued scalability and balance sheet strength.
Improved Profitability
Gross profit rose to $293,869, compared to $33,331 in Q1 2025, reflecting strong operational leverage and execution efficiency.
Strengthened Liquidity Position
Cash and cash equivalents increased 93%, from $704,346 to $1.36 million at quarter-end.
Total current assets rose to $6.5 million, up from $5.8 million in the prior quarter.
Strategic Portfolio Acquisition with High Upside
The Company completed a carbon-offset project portfolio acquisition valued at $605,093 with an estimated fair-market value exceeding that value. This acquisition underscores Karbon-X's disciplined capital deployment and its ability to secure high-value environmental assets at advantageous terms.
With the global carbon regulations tightening across key markets including the U.S., European Union, and China, the Company believes its expanding carbon credit inventory positions it well to meet increasing demand for verified climate solutions.
Operational Expansion and Global Execution
Karbon-X continued to scale its infrastructure to meet rising global demand for verified climate solutions.
Inventory increased 750%, from $99,644 to $847,017, reflecting ramp-up in carbon credit production and project development.
Continued advancement of its digital-based carbon credit trading platform enhances transparency, traceability, and liquidity across the voluntary carbon market.
"This quarter marks a pivotal moment and major inflection point for Karbon-X" said Chad Clovis, Chief Executive Officer of Karbon-X Corp. "Our record revenue growth and strategic acquisitions reflect the strength of our business model and the accelerating demand for verified carbon credits. With our expanding technology platform and strengthened leadership team, we are well positioned to lead the next wave of innovation in the sustainability sector. This performance underscores the alignment of our strategy, structure, and execution, and our commitment to building long-term shareholder value"
Looking Ahead
Building on this record-setting quarter, Karbon-X intends to continue expanding its trading operations, originating new climate projects, and integrating its digital infrastructure to serve growing global demand for transparent, trusted carbon solutions. The Company also plans to continue consolidating opportunities within the carbon market through disciplined mergers and acquisitions that align with its long-term growth strategy.
About Karbon-X
Karbon-X Corp. (OTCQX:KARX) is a vertically integrated climate solutions company delivering end-to-end climate solutions across both compliance and voluntary markets. From project origination and emissions quantification to third-party verification, credit issuance, and market distribution, Karbon-X ensures transparency and impact at every step. Karbon-X makes trusted climate action accessible not only to businesses and institutions, but also to individuals and everyday people who want their choices to create lasting impact.
Forward Looking Statements
This news release contains forward-looking statements, including but not limited to expectations related to Karbon-X Corp.'s financial performance, business strategy, growth plans, and market positioning. These statements are based on current expectations and are subject to risks and uncertainties that could cause actual results to differ materially. Forward-looking statements are subject to change, and Karbon-X Corp. assumes no obligation to update them, except as required by law.
Media Contacts
Adriana Ebell
Interim CFO
Karbon-X
a.ebell@karbon-x.com
Emma Caputo
VP of Marketing
Karbon-X
ec@karbon-x.com
SOURCE: Karbon-X Project Inc.
View the original press release on ACCESS Newswire
Karbon-X Project Inc.
Subscribe to releases from ACCESS Newswire
Subscribe to all the latest releases from ACCESS Newswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from ACCESS Newswire
Akkodis and Hamburg Public Transport Association Showcase hvv mia at InnoTrans 2026, Demonstrating the Future of AI-Powered Mobility22.9.2026 07:45:00 EEST | Press release
BERLIN, DE / ACCESS Newswire / September 22, 2026 / Akkodis, a global leader in digital engineering consulting and part of the Adecco Group, will showcase how artificial intelligence is helping transform passenger mobility at InnoTrans 2026, the world's leading international trade fair for transport technology. Headlining Akkodis' presence is hvv mia, one of Akkodis' Synergeticon solutions, developed in collaboration with Hamburg Public Transport Association (hvv) to create more seamless, accessible and connected passenger experiences. Together, Akkodis and hvv will demonstrate how AI can help transportation operators better serve passengers while advancing the digital transformation of rail and other transportation networks. Built on Akkodis' Synergeticon AI Conversational Service Hub, hvv mia is a real-world example of how conversational and agentic AI can connect information, services and transactions across transportation systems through a single natural-language interface. Develop
FQ-42 Vengeance Finds New Home at Creech Air Force Base21.9.2026 18:00:00 EEST | Press release
SAN DIEGO, CA / ACCESS Newswire / September 21, 2026 / General Atomics Aeronautical Systems, Inc. (GA-ASI) congratulates the U.S. Air Force (USAF) on the pace of progress for its Collaborative Combat Aircraft program, which features the FQ-42 Vengeance designed and produced by GA-ASI. The latest milestone took place Sept. 18, when a new FQ-42 Vengeance was delivered to Creech AFB, Nev., to continue operations with test and evaluation units. "The CCA program's rate of progress has been incredible," said Mike Atwood, GA-ASI Vice President of Advanced Programs. "Every week, the Air Force is pushing forward with new and more impressive accomplishments using Vengeance. It's amazing to think of how far this program has come in such a short amount of time." The FQ-42 that arrived at Creech will continue regular test and evaluation operations with the Air Force aimed at experimentation with the new aircraft. Previous efforts with Vengeance and other GA-ASI jets, including XQ-67A Off-Board Sens
Datavault AI and Cutting-Edge Sports Management Announce Dream Bowl XV at AT&T Stadium and Launch First-of-Its-Kind Bowl Combine21.9.2026 16:45:00 EEST | Press release
PHILADELPHIA, PA / ACCESS Newswire / September 21, 2026 / Datavault AI Inc. ("Datavault AI" or the "Company") (NASDAQ:DVLT), a provider of data monetization, credentialing, digital engagement, and real-world asset ("RWA") tokenization technologies, today announced Dream Bowl XV. The game is the 15th anniversary edition of the premier college football all-star showcase for professional draft-eligible talent from all college divisions and NAIA programs. It will be held Sunday, January 17, 2027, at AT&T Stadium in Arlington, Texas, and is planned to be broadcast nationally on ESPN. Dream Bowl XV continues Datavault AI's role as an intellectual property licensing partner and official sponsor of The Dream Bowl alongside Cutting-Edge Sports Management. It builds on the Company's debut at Dream Bowl XIV. Since 2013, The Dream Bowl has honored the legacy of Dr. Martin Luther King Jr. and has given overlooked collegiate athletes a professional-caliber send-off in front of professional scouts. N
Winners of this Year's Semmelweis-Richter International Journalism Award Announced21.9.2026 15:05:00 EEST | Press release
BUDAPEST I. KERÜLET, HU / ACCESS Newswire / September 21, 2026 / For the second time, Semmelweis University, with the support of Gedeon Richter, has recognized outstanding health and science journalism from across Europe through the Semmelweis-Richter Journalism Award. Six entries received awards in the "Women's Health" and "Pharmaceutical Strategies and Innovation" categories. The first prizes in the two categories were awarded to an international investigative project on abortion and an article about a technology that uses miniature bioengineered devices to mimic the functions of human organs. The competition received around 60 entries from nearly 20 countries. The Semmelweis-Richter Journalism Award was established to recognize high-quality health and science journalism in Europe. As last year, the competition attracted entries from journalists working for major international media outlets, including The Guardian, the Financial Times, The Times, BBC News, Süddeutsche Zeitung and Púb
NOVELIC Partners with Global DMS Leader Smart Eye to Develop Next-Generation Camera and Radar In-Cabin Monitoring Systems21.9.2026 09:00:00 EEST | Press release
BELGRADE, RS / ACCESS Newswire / September 21, 2026 / NOVELIC, a Belgrade-based innovator in mmWave radar solutions, announced a strategic partnership with Smart Eye, a global leader in Driver Monitoring Systems (DMS) and Interior Sensing AI, to provide OEMs with a well-rounded feature set that satisfies the upcoming Euro NCAP requirements for driver and occupant monitoring. The result is a scalable and cost-effective solution that combines vision and radar for straightforward integration. Since the software is running entirely on the sensor, only a single CAN-Bus interface to the vehicle is required, eliminating the need for external hardware, LVDS interfaces, and added computational load elsewhere in the car. NOVELIC and Smart Eye's innovative system approach will debut at Smart Eye's booth #305 at InCabin Europe 2026 in Barcelona. The demonstration will showcase enhanced performance and compliance with relevant safety protocols through the fusion of radar and vision technologies. NO
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom